$SHIB
The bulls failed to push Shiba Inu back above the 20-day EMA ($0.000027) on December 16, attracting selling from the bears.

This pulled the price towards the 50-day SMA ($0.000025), which is an important support to watch. The 20-day EMA has started to turn down, and the RSI has dipped into the negative territory, indicating that the bulls are losing control. If the 50-day SMA breaks, the SHIB/USDT pair could drop to $0.000022 and then to $0.000020.

Conversely, if the price rebounds off the 50-day SMA with strength, it will signal demand at lower levels. The bulls will then try to push the price above the 20-day EMA, opening the doors for a recovery towards $0.000030.

$LINK
It is correcting in an uptrend, suggesting that short-term buyers are booking profits.

The negative divergence on the RSI suggests that the bullish momentum is weakening. If the price sustains below $27.41, the LINK/USDT pair could drop to the 20-day EMA ($24.85). This is a crucial level for the bulls to defend because a break below it could sink the pair to the breakout level of $23. 
Conversely, if the price rises and sustains above $27.41, it will suggest solid buying on dips. The pair could then retest the overhead resistance at $31.

$AVAX
It broke below the 20-day EMA ($47.71), indicating a lack of demand from bulls.

If the price remains below the 20-day EMA, AVAX/USDT could fall to the 50-day SMA ($39.52). This is a critical level for buyers to defend because a break below it will suggest that the break above $51 may have been a bull trap.
Instead, if the price rises and surpasses the 20-day EMA, it will signal buying at lower levels. The bulls will try to strengthen their position by pushing the price above $51 and then $56. If they manage to do this, the pair could travel towards $65.

$ADA
It has dipped below the 20-day EMA ($1.05), indicating that the bulls are rushing for the exit.

The 20-day EMA is flattening out, and the RSI is close to the midpoint, suggesting a possible range-bound action in the near term. The sellers will attempt to pull the price towards $0.90, which should act as a strong support. 
The bulls will be back in the driver’s seat after pushing and sustaining the price above $1.20. The ADA/USDT pair could rally to $1.24 and eventually to $1.33, where the bears are likely to mount a strong defense.

$DOGE
The bears did not allow Dogecoin to stay above the 20-day EMA ($0.40) on December 16, which may have tempted short-term buyers to book profits.

This pulled the DOGE/USDT pair towards the 50-day SMA ($0.35), which is a critical short-term support. The buyers are expected to defend the 50-day SMA vigorously, but the relief rally is likely to face strong selling at the 20-day EMA.

If the price turns down from the 20-day EMA, it will signal that the bears are selling on rallies. This increases the possibility of a break below the 50-day SMA. The pair could then drop to $0.30. If the bulls want to avoid the decline, they will have to push and sustain the price above $0.43.

$BNB
It remains stuck inside a tight range between $722 and the 20-day EMA ($700), indicating a tough battle between the bulls and the bears.

If the price turns down and breaks below the 20-day EMA, it will suggest an advantage to the bears. The BNB/USDT pair may then drop to the 50-day SMA ($649), which is likely to attract buyers.

Contrary to this assumption, if the bulls pierce and sustain the price above the $722 resistance, it will signal positive sentiment. The pair may rally to $761 and subsequently to $794.

$SOL
It fell below the 50-day SMA ($218) on December 16, but bulls defended the $210 support on December 17.

However, the bulls failed to hold the price above the 20-day EMA ($225), which again pulled the SOL/USDT pair towards $210. Repeated testing of a support level tends to weaken it. If the $210 support breaks, the pair may dip towards the support line of the descending channel pattern.
This negative view will be invalidated in the short term if the price rises from $210 and rises above the channel resistance line. The pair may then attempt a rally to $248.

$XRP
The relief rally climbed above the short-term resistance of $2.65 on Dec. 17, but the bulls failed to sustain the higher levels.

If buyers fail to give up much ground from the current level, the XRP/USDT pair could rally back above $2.65 and challenge the crucial resistance at $2.91. A break and close above $2.91 could pave the way for a rally to $3.50.

If the bears want to make a comeback, they will have to quickly pull the price below the 20-day EMA ($2.25). If they do so, the pair could drop to the 61.8% Fibonacci retracement level of $1.90.

$ETH
It turned down again from the overhead resistance of $4,094 on December 16, indicating that the bears are aggressively defending the level.

The ETH/USDT pair has pulled back to the 20-day EMA ($3,775), which is an important level to watch. If the price rebounds off the 20-day EMA with strength, it will improve the prospects of a rally above $4,094. If that happens, the pair could surge towards $4,500.

On the contrary, a break and close below the 20-day EMA will signal that the bulls are losing their grip. The pair could dip towards the downtrend line, which should attract strong buying by the bulls.

$BTC
Bitcoin bulls pushed the price above the resistance line of the ascending channel pattern on December 16 and 17 but failed to sustain the higher levels.

While the rising moving averages indicate an advantage for buyers, the negative divergence on the relative strength index (RSI) suggests that the uptrend is losing steam. This increases the possibility of a consolidation in the near term.

The 20-day exponential moving average ($99,974) is the critical support to watch. If the price rebounds off the 20-day EMA with strength, the probability of a break above the resistance line increases. This could push the BTC/USDT pair to $113,331 and then to $125,000.

This bullish view will be invalidated in the near term if the price turns down and breaks below the support line. This could pull the price down to the 50-day simple moving average ($90,839).

$AVAX
The bears attempted to pull Avalanche below the 20-day EMA ($47.80) on Dec. 15, but the bulls held their ground.

However, the bulls’ failure to sustain the price above $51 on Dec. 16 attracted another round of selling. The bears are attempting to sink the AVAX/USDT pair below the 20-day EMA. If they succeed in doing so, the pair could drop to the 50-day SMA ($38.69).

If the buyers want to avoid the decline, they will have to quickly push the price back above $51. This would indicate buying at lower levels, increasing the possibility of a break above $56. The pair could rally to $60 and then to $65, where the bears are likely to pose a strong challenge.

$ADA
Buyers are trying to keep Cardano above the 20-day EMA ($1.06), but failure to initiate a strong recovery increases the downside risk.

If the 20-day EMA breaks, the ADA/USDT pair could slide to solid support at $0.90. The flat 20-day EMA and the RSI just above the midpoint suggest a consolidation in the near term. The pair could range-bound between $0.90 and $1.20 for some time.
Buyers will have to push the price above $1.20 to gain momentum. The pair could rally to $1.25 and after that to $1.33. Conversely, a break below $0.90 could sink the pair to the 50-day SMA ($0.80).

$DOGE
You are witnessing a tough battle between the bulls and the bears near the support line of the ascending channel pattern.

The flattening of the 20-day EMA ($0.40) and the RSI near the midpoint do not give a clear advantage to either bulls or bears. If the price rises above $0.43, the advantage will tilt in favor of the bulls. This could push the DOGE/USDT pair towards $0.48 and subsequently towards the channel resistance line.
On the contrary, a break and close below $0.36 could suggest the start of a deeper correction. The pair could fall to the 50-day SMA ($0.34), which is a crucial level for bulls to defend. If this level gives way, the pair could skid to $0.29.

$BNB
It has been consolidating near the overhead resistance of $722, indicating that the bulls have maintained the pressure.

The rising moving averages and the RSI just above the midpoint suggest that buyers have a slight edge. If the bulls push the price above $722, the BNB/USDT pair could rise to $761 and then $794.
If the bears want to avoid the rally, they will have to quickly pull the price below the 20-day EMA ($696). This may tempt short-term buyers to book profits, pulling the pair towards the 50-day SMA ($645).

$SOL
It has been squeezed between the moving averages for the past few days, setting up for a possible breakout.

If the price breaks and sustains below the 50-day SMA ($216), it will signal that the bears are trying to take control. The pair could drop to the support line, which is a key level for the bulls to defend.

If the price rebounds off the 50-day SMA strongly, the bulls will again attempt to push the SOL/USDT pair above the resistance line. If they manage to do so, the pair could rally to $248 and eventually to $264, where the bears are expected to mount a strong defense.

$XRP
It closed above the downtrend line on December 15, but bulls are struggling to push the price higher.

Bears are trying to pull the price towards the 20-day EMA ($2.18), a critical support to keep an eye on in the near term. If the price recovers from the 20-day EMA, the bulls will again try to kick the XRP/USDT pair to $2.64 and then to $2.91.
On the other hand, a drop below the 20-day EMA will suggest that the bears are making a comeback. The pair could collapse to the 61.8% Fibonacci retracement level of $1.90, where buyers are expected to enter.

$ETH
It has been gradually rising towards $4,094, where the bulls are expected to face stiff resistance from the bears.

The upsloping moving averages and the RSI above 61 suggest that the path of least resistance is to the upside. If the buyers break the $4,094 resistance, the ETH/USDT pair could rally to $4,500. The bullish outlook remains intact as long as the price remains above the 20-day EMA ($3,747).

The first sign of weakness will be a break and close below the 20-day EMA. Such a move will indicate that the bulls have given up. This could sink the pair to the vital support at the downtrend line.

$BTC
Bitcoin is in a strong uptrend. The bulls pushed the price to a new all-time high above $104,088 on Dec. 15.

The BTC/USDT pair reached the resistance line of the ascending channel pattern, where the bears are expected to mount a strong defense. However, if the buyers overcome the resistance, the pair could rally to $113,331 and then to $125,000.

Instead, if the price turns down from the resistance line and breaks below the 20-day EMA ($98,920), it will suggest selling on rallies. The pair could then slide to the support line of the channel. The sellers will have to pull the price below the support line to stage a recovery in the near term.

⚠️Why does Fibonacci work in trading?⚠️
It all started in 1202, when Leonardo of Pisa, better known as Fibonacci, presented a curious sequence of numbers to the world: 0, 1, 1, 2, 3, 5, 8, 13... Each number is the sum of the previous two . Simple, right? However, this sequence unlocked one of nature's greatest secrets.
The Fibonacci sequence appears everywhere: the spiral of a seashell, the petals of a sunflower, the branching of trees—even the structure of galaxies. These patterns align with the golden ratio (1.618), a universal model for balance and proportion.
How does Fibonacci apply to trading?
Markets, like nature, are driven by psychology and patterns. Traders rely on Fibonacci retracements to identify key price levels where trends may pause, reverse or continue.
The Golden Pocket: The Trader’s Sweet Spot
The "golden pocket" lies between the 61.8% and 65% retracement levels — a magnet for reversals. This is where buyers or sellers often regroup, creating high probability setups.
How to use it in your trading
1. Identify a trend: draw Fibonacci from swing low to swing high (or vice versa).
2. Look for the Golden Pocket: Watch for price action in the 61.8%–65% area.
3. Combine confluences: Fibonacci-aligned volume, candles, or moving averages strengthen your setup.
The Fibonacci sequence is more than numbers; it is the rhythm of nature, reflected in the ebb and flow of markets. Learn to identify these levels and you will be trading in harmony with forces as old as time.
Trade wisely.
#BinanceLaunchpool #write2earn🌐💹 #tradingview

$BTC
Trump Could Use Bitcoin as US Reserve Asset on ‘Day One’ — How High Will BTC Price Go?

Trump’s Possible Executive Order Making Bitcoin a US Reserve Asset Could Lead to $20 Billion in BTC Purchases by 2025.

Donald Trump is likely to issue an executive order on his first day in office to designate Bitcoin as a reserve asset of the United States, according to Jack Mallers, CEO and founder of Strike.

Is a 200,000 Bitcoin Purchase Order Coming in January 2025?

In a podcast interview with YouTuber Tim Pool, Mallers explained that the president-elect could rely on provisions of the so-called “Dollar Stabilization Act,” which grants him considerable authority to protect the US dollar.

The Bitcoin Act of 2024, introduced by pro-crypto Senator Cynthia Lummis in July, proposes that the Treasury and Federal Reserve purchase 200,000 BTC annually over five years, accumulating 1 million BTC. The reserve will be held for at least 20 years, thereby removing 5% of Bitcoin’s total supply (of 21 million tokens) from circulation. This speculation has resulted in some new lofty price targets for BTC for 2025 and beyond.