In daily timeframe Bitcoin has broken falling wedge pattern and is retesting it's support on trend line.Bitcoin could go down to $92,000.
In the chart - - The region with green rectangle is a fair value gap after a bullish BOS. - The region in yellow box is bullish order block.
Now the setup is Bitcoin could fall to these territory meaning that Bitcoin could fall to $91,000 to $96,500. After reaching in these levels Bitcoin could consolidate a bit and would start to go up. This is only valid if bullish confirmation is seen in between these levels in Daily timeframe like a bullish engulfing candle etc.
At spot level accumulate as much Bitcoin you could between these levels $91,000-$95,000 .
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I am expecting a reversal around $95,000 because according to Fab Retracement strategy $95,000 is a golden zone. And i think maximum pull back would be $93,000 ,but nothing is clear at this moment.
In Daily timeframe RSI is at 43.99 showing bearish now. Price is above 55,89,144 EMAs which shows bullish sign.
DYOR.
Anyways buying Bitcoin for long term is good as it's sure Bitcoin could go further highs in future.
Crypto Market in Freefall! Billions Wiped Out as Panic Selling Hits â Hereâs What You Need to Know
The cryptocurrency market has recently experienced a significant downturn, influenced by a combination of geopolitical events, macroeconomic factors, and market-specific dynamics.
Geopolitical Events:
The announcement by U.S. President Donald Trump of imposing tariffs on imports from Mexico, Canada, and China has been a major catalyst for the market's decline. This move has heightened fears of a global trade war, leading investors to retreat from riskier assets, including cryptocurrencies. Bit
Bearish on $ACH It is forming rising wedge pattern which is bearish sign. Avoid long entry on $ACH . It failed to keep its support near $0.0518 which is it's ATH on binance.
Rsi showing 33.60 in 15 minutes timeframe which is bearish sign.
It might go down to $0.04 after a breakout. It might go down further if it breaks $0.039 support to $0.0322 or might reverse at this support. Price might consolidate and reverse at this level.
In another case prediction a similar type prediction on $XRP everyone insulted me on that ,they said it would go more up but within days market goes in my direction. Those who insulted me here were watching the market dumping.
Anyways trading isn't about always winning we should learn from our mistakes. Every mistake gives a new lesson for us. So accept those mistakes and learn why that happened . This is a true traders mindset.
No one is perfect in this world. Everyone makes mistakes. We should not insult anyone because of their mistakes. Imagine if you were in their place then you would understand how painful your words be.
Crypto market has lots of earning opportunity but improper analysis is the main cause of your loses.
The region between yellow and red rectangle can act as a liquidity sweep so avoid trade between this region.
If chart follows this path in the chart things would be bearish for $BTC .
$106,250-$107,050 major bearish order block to watch for reversals. If Bitcoin successfully breaks this order block and goes up, Bitcoin could go further high.
-$105,255 (yellow) key resistance level to watch for entry.
Support Levels to watch -
-$103,415 -$101,800 -$100,300 -$99,100 -$98,200
$BTC might come to these supports and consolidates and might reverse so keep an eye on these supports when price comes to these levels.DYOR.
Bearish on $ACH It is forming rising wedge pattern which is bearish sign. Avoid long entry on $ACH . It failed to keep its support near $0.0518 which is it's ATH on binance.
Rsi showing 33.60 in 15 minutes timeframe which is bearish sign.
It might go down to $0.04 after a breakout. It might go down further if it breaks $0.039 support to $0.0322 or might reverse at this support. Price might consolidate and reverse at this level.
Extreme bullish on $RENDER $RENDER is forming a falling wedge pattern in 1D timeframe which is extremely bullish sign. Accumulate $RENDER when it nears it's golden support zone -($4.80-$5.30). This is a spot signal.
A breakout above resistance trend line would result in further uptrend to rest of its resistance levels Resistance levels to watch - -$8 -$9 -$11
Extreme bullish on $RENDER $RENDER is forming a falling wedge pattern in 1D timeframe which is extremely bullish sign. Accumulate $RENDER when it nears it's golden support zone -($4.80-$5.30). This is a spot signal.
A breakout above resistance trend line would result in further uptrend to rest of its resistance levels Resistance levels to watch - -$8 -$9 -$11
In 1 hour timeframe $ANIME is exhibiting falling wedge pattern. It seems that anime would go down and then breakout may exhibit resulting a pump to further resistance levels or dump to further down. RSI showing bullish divergence adding further confirmation.
Resistance levels to watch -$0.0475 -$0.0495 -$0.0510
Reversals expected at resistance levels. Anime is at the lowest level since launched. DYOR #VVVonBinance #MicroStrategyAcquiresBTC #TrumpCryptoOrder
Right now pepe is forming ascending triangle pattern and an incomplete inverted head and shoulders pattern both signs bullish ahead.This is in 1Hour timeframe.
Rsi 50.31 showing neutral .
Key resistance needed for breakout -$0.0134
A breakout above this level would result in further uptrend to following resistance levels- -$0.0146 -$0.01508
Keep an eye on volume + price action for confirming entry.
I am expecting this to happen within first 2 days of February.
This setup is invalid if a breakout occurs through its current support trend line.
$XRP to $3.7 soon. Buy $XRP at lowest price before this breakout occurs. This is a spot signal.
RSI showing 60 showing bullish sign. $XRP is above 200 days EMA adding further confirmation in 1D timeframe. it is forming symmetric triangle a breakout above the resistance would result in further pump to $3.7 or above.
You would loose money if you don't know bout this.Trading inside a triangle pattern is a pure gamble. Let's learn about them.
How to Enter a Trade Using the Triangle Pattern in Crypto Trading
Triangle patternsâascending, descending, and symmetricalâhelp traders identify potential breakout points. Hereâs how to enter a trade:
1. Identify the Pattern - Ascending Triangle: Higher lows with a flat resistance level. - Descending Triangle: Lower highs with a flat support level. - Symmetrical Triangle: Converging trendlines with lower highs and higher lows.
2. Wait for the Breakout - A breakout above resistance (bullish) or below support (bearish) confirms the move. - Volume should increase on the breakout for stronger confirmation.
3. Entry Strategy - Aggressive Entry: Enter as soon as the price breaks out. - Conservative Entry: Wait for a retest of the breakout level before entering.
4. Set Stop-Loss & Take-Profit - Place stop-loss below (for longs) or above (for shorts) the breakout level. - Target price = Height of the triangle added to the breakout point.
Using this strategy helps traders capitalize on high-probability setups while managing risk effectively. Always confirm breakouts with volume and other indicators!