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SOL this week promising ? In the week of 23.12.2024 - 29.12.2024, the Left will determine a prominent path. If it closes above 184.20, it will have entered a new channel. Its first target is 205.30, if it exceeds this point, we can follow it up to 228. WT_cross 4H direction is upwards, and unfortunately, the direction is downwards in the Daily and Weekly. The 213 level is an important resistance. In the liquidation map, shorts are cleared at 207.6 in the 7-day, and longs are cleared at 157.9, when these intervals are considered, shorts are mostly promising in moving the direction upwards.
Long
by worktrading24
DOGE where will go this week :D We have entered the week of December 23-31. Last week, we could not find critical thresholds, unfortunately important supports were broken and reached the 0.26220 channel support. This week, I will watch the range of 0.32622 - 0.26952 and 0.3272 - 0.36526. The Wt_Cross indicator is still negative on the Daily and Weekly unfortunately. The indicator is upward on 4H, so I am hopeful in the above ranges this week. On the liquidation map, I see 243M shorts as the majority, and 206M longs in the 0.272 range. The possibility of upward direction on the weekly gives hope in this map. There is a new moon on December 30 and the major and minor channels intersect on the 28th, we may be coming to the end of the declines.
Long
by worktrading24
Bitcoin 93900-92500 support area,98000,100500 upside Target Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
COINBASE:BTCUSDLong
by JaiPrakashShuklaHarmonicTrader
UPDATE to "Did BTC Crash or Bullish Move"On the longer Term timelines, Bitcoin is still strong and recovering from its push higher but sadly for us, It lost that support line mentioned in the previous post witht he title above The Chart Below shows this clearly This is the 4 hour chart We can see how PA kept testing and retesting that line of support but eventualy fell through but what is still Bullish is how PA broke through that descending line of resistance. That takes away one problem but we have at least 2 strong lines of resistance above now AND RSI is overbought and so, I think we can expect further Dips and at the very least, a Longer Term range, as we did from March to September this year. The Weekly MACD is in a very simialr position as it was back then, OVERBOUGHT but lower timeframes are neutral or below and so some strength is found. We are , on average, still in ACCUMULATION with small pockets of Distribution as we have seen over the last couple of days. But Accumulation is certainly the trend that continues I am beginning to doubt a New December ATH and I am expecting January to be RED and so, now I am looking to that MARCH ATH as more realistic possibility But, this is BITCOIN.........Anything can happen
CRYPTO:BTCUSD
by Orriginal
Accuracy of Weekly Swing Zones on Bit Coin ChartOur trading style emphasizes patience and precision. We only trade when the price reaches a key zone, observing for consolidation, reversal, or breakout/breakdown signals. Once these conditions are met, we take trades in the direction of the price. We avoid trading at random prices, prioritizing high-quality setups. With this approach, we aim to place small stop losses and target larger gains, focusing on fewer but more accurate trades. This is how we can take trade using this zones .
MARKETSCOM:BITCOIN
by AIQuant-X
BTCUSD 4 HR ANALYSIS | SHORT TRADE🚀 Bitcoin (BTC) Price Analysis - 4-Hour Timeframe 📊 Chart Overview: Current Price: $96,935.44 Timeframe: 4-Hour chart Date Published: December 20, 2024 Key Features: Trend Channe l: The chart illustrates a red ascending channel that represents the previous upward trend in Bitcoin’s price. Support and Resistance Levels: Resistance Level : Identified at $99,612.38 Support Level : Identified at $89,438.39 Price Movement : Recently, there has been a significant price drop depicted on the chart. Potential Drop: A green arrow indicates a potential price drop of 9.30%, equating to -$9,171.21. Discussion Point : The chart poses the question, “Can Bitcoin drop 10% from next week (23 Dec 2024)? Comment what you think? Analysis : The ascending trend channel suggests that Bitcoin has been in an upward trend. The recent price action shows a breach of this channel, hinting at a possible trend reversal. Key support at $89,438.39 needs to be monitored, as a break below this level could confirm further downside. The potential 9.30% drop indicates market uncertainty, potentially leading to a larger correction. Conclusion: Monitor the key support and resistance levels closely. The breach of the ascending channel and the significant price drop could suggest a trend reversal, warranting caution for bullish positions. Stay tuned for updates as we approach the critical date of December 23, 2024. Note - This is Only for education purpose. Follow and give Like
BINANCE:BTCUSDShort
by PM_Patil
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