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 – Here’s 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. Bitcoin, for instance, fell to a three-week low, trading around $94,476.18, with intraday lows reaching $91,441.89. Ethereum also saw a significant drop, decreasing by 24% to $2,494.33. Macroeconomic Factors:
The imposition of tariffs has raised concerns about potential inflation and a slowdown in global economic growth. These fears have led to reduced liquidity in global markets, adversely affecting risk assets like cryptocurrencies. The cryptocurrency market's total capitalization decreased from over $3.6 trillion to about $3.1 trillion, reflecting a loss of approximately $500 billion.
Market-Specific Dynamics:
The volatile environment has resulted in significant liquidations in the crypto derivatives markets. Over $2 billion in positions were liquidated within a 24-hour period, surpassing the liquidations seen during the COVID-19 pandemic and the FTX collapse. Ethereum was particularly affected, experiencing substantial liquidation volumes.
In summary, the bearish turn in the crypto market is primarily due to the recent tariff announcements by the U.S. administration, which have escalated fears of a global trade war. This, combined with concerns over inflation, reduced liquidity, and significant market liquidations, has led to a substantial decline in cryptocurrency valuations. $BTC $XRP #MarketPullback #BitcoinVsTariffs #BitcoinReserveWave #AltcoinRevolution2028
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
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 patterns—ascending, descending, and symmetrical—help traders identify potential breakout points. Here’s 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!
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.
The crypto market is notorious for being manipulated, and relying solely on candlestick patterns like bullish or bearish engulfing candles can often lead to false signals. I used to make confirmation entries based on these patterns, but my perspective shifted when I realized how easily they can be influenced.
That’s when I started focusing on **volume delta**. Volume delta measures the difference between buying and selling volume, giving insight into whether the market’s momentum is genuinely supported by traders or if it’s just a trap.
Now, when I see an engulfing candle, I don’t trust it blindly. I look at the volume delta to verify the move. If there’s no significant buying or selling pressure behind the candle, I know it’s likely a false signal, and I avoid entering the trade.
For me, volume delta adds an extra layer of confirmation and reduces the chances of getting caught in manipulated moves. It’s all about combining price action with real volume data to make smarter trading decisions.
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
$XRP bull trap detected or a rally signal I think it's a liquidity sweep for kicking long traders out . Better to avoid long trades in $XRP or take your own risk.
If $XRP breaks $3.21 resistance XRP would go further up .
Bearish divergence detected on RSI on 15 minutes timeframe. RSI showing 51.26 almost neutral bears might be coming shortly.
Breakout below $3.14 support would result in further decline to $3.10 and further lower if momentum continues . support levels to watch :- -$3.02 -$2.92(if momentum continues ) -$2.8
I am bearish on $BTC .Bitcoin is having weak low and I don't think it could go further up but keep an eye on its resistance.
If Bitcoin successful breaks it's trendline like this this would go further down for sure.I am expecting a retest after the breakout.
RSI showing 46.6 in 15 minutes timeframe this means bears are taking in control slowly . Moreover I can see bearish divergence on RSI indicator. Minor Bearish Break Of Structure is also formed showing further bearish confirmation.Major CHoCH already formed.Lets see.
📉 Key Support Levels to Watch - $101,327 - $97,700 - $95,330 - $93,745