Hello my dear friends, another weekly session is over and new data becomes available.
Let's review those in an unbiased way and see what the chart is saying.
➖ The 2-Sept. week #bitcoin☀️ just closed at 54,869. This is after being rejected by EMA34.
➖ It is the first time that Bitcoin closes below EMA34 in more than a year.
➖ It is the worst weekly close since Bitcoin moved above 60,000 in February.
➖ It is the worst weekly close, coming out of a major high, since November 2021.
➖ The weekly session also closed below the 0.382 Fib. retracement level relative to the bullish wave that started in September 2023; a major support lost.
➢ Everything is ultra-bearish.
➖ The weekly session that just closed also ended as a Doji but red. Signaling the continuation of the previous candle. The previous candle was a full red candle.
➢ Everything is so bearish that we need not go any further.
I would love to entertain you more but it would be a waste of time.
All the signals coming from this chart are saying that Bitcoin is about to crash.💵💰💥

#TON Toncoin ( #tonusdt ) is moving ahead and this shows what is coming to the rest of the crypto-giants that are yet to complete their bearish wave.
Here we have this chart depicting a clear lower high on high volume. Today's move is a continuation of the correction that developed after the mid-June All-Time High.
A bearish wave always follows a bullish wave... The good news?
A bullish wave always follows a bearish wave.
When this correction is over, the market will enter a new growth phase and this can last for years.
The last growth phase for Bitcoin lasted 16 months; from November 2022 (market bottom) through March 2024 (market top).
One final drop; one final leg down; one final crash and it is over... The bears are done.
Once the bears let go off the market, it is time for us to have real, positive, GREEN, fun.
I will be here reading the charts for you.
Thanks a lot for your continued support.💵💰👍

Everyone is turning very bullish, which is not good for the crypto market. With the upcoming bloody September, we have a strong confluence to sell #Bitcoin  with the current price of 63,800. Why are #Bitcoin❗ oin and whole crypto in a bear market? On the chart, we can see that the price is printing lower lows and lower highs, which is by definition a downtrend. It has been like this since March 2024, and nothing has changed since then. We can see that the price is inside this descending parallel channel on the daily chart. There are no signs of strength in higher timeframes! Bulls didn't prove their strength yet, so to me it looks like a bull trap, and we will see a 30% crash!

From the Elliott Wave perspective, we have an ABC correction so far, and it's too early to tell if this will turn into an impulse wave or not, but right now this is a corrective structure. The problem is that everyone is turning bullish again; everyone sees a huge bull market, but usually the market does the opposite.

Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.💵

Hello dear traders!
#Bitcoin_Coneference_2024 Bitcoin BTC/USDT Chart Overview:💵🚀
- Resistance Levels:
- Primary resistance at $73,612.
- Secondary target at $77,604.
Trend Analysis:
- The chart indicates a bullish trend with a clear trajectory toward $77,604.
- Bitcoin has broken out from a descending trendline, confirming the upward movement.
Price Patterns:
- There are two potential correction zones within the rising trend:
1. Around the $70,000 level.
2. Between $73,612 and $77,604.
Bullish Trend Confirmation:
- The rising trend is considered strong and likely to continue toward $77,604.
- Minor corrections are expected, but the overall upward momentum is certain.
Conclusion:
- Bitcoin is on a bullish path with an expected rise to $77,604.
- Corrections may occur, but the overall trend remains upward.
✎Actionable Insights:
- Long positions can be considered, targeting $77,604.
- Watch for minor corrections at $70,000 and $73,612 as potential re-entry points. 💰🚀💥
Always do your own research.

Hello my dear Traders!
On the above 10 day chart #BTC☀ is a bull flag is identified. In addition RSI has recently confirmed the 52 level as support. This is an important indication on this timeframe, look left.
When does 128k strike? Don’t know. No one does. However it happens before June 2025 or not at all. When it happens, that is the market top. Exit all crypto positions by this time.💰🚀
Is it possible price action continues downtrend? Sure.
Is it probable? No.🚀💵

#TRXUSDT #TRX 💵💰🚀 is moving upward with confidence, consistently making new highs and closing above them. The price has recently broken out and closed above the previous high, and while it hasn't yet reached the upper border of the channel, its bullish momentum is expected to lead to further upside extension. In my view, the market is likely to experience a correction against the trend soon, as it has reached the strong resistance at 0.13000. This correction will present an opportunity to go long. I expect the market to pull back following the level breakout and then continue trending upwards. My target is resistance zone at 0.13450💰🚀

Hello, my dear traders!
Is the bullish cycle #Bitcoin❗ really over? Definitely yes, and in this analysis, I will tell you why! The crypto market is dying in front of our eyes, if you are a hodler of many coins, you can see it very clearly on your account balance. Bitcoin failed to sustain the key level of 62k (0.618 FIB), which is an extremely strong sign of weakness. If you take a look at my Elliott Wave count, you see that the major impulse wave (12345) is complete. This is an impulse wave from the start of the bull market (15476) to the end of the bull market (73777). Take a look at wave (2) and wave (4), they both have a 21.35% pullback, so this Elliott Wave count perfectly matches.
The next reason is the rectangular range at the top of the uptrend. The range is clearly breaking down, which is another sign of weakness. What's more, we have an upward-sloping trendline that is breaking down as well. Currently, there is nothing bullish on this chart. Statistically, what is a classic correction for Bitcoin during major bear markets? 90%, 84%, or 77%. On the chart, I highlighted the 0.618 Fibonacci retracement for a 54% correction. But will this Fibonacci level really hold? Maybe temporary, but at the end, the price will go below it sooner or later.
What we can also consider is the 20 weekly moving average. #BTC☀ #bitcoin☀️ is currently below it, and we didn't even see any reaction whatsoever.
What to do now? Should you sell your #Bitcoin?🤔🧐 My arguments are really strong, and I don't even want to know what is going to happen with altcoins. Will altcoins become dust? I am bearish. 💰💥😉
Thank you, and I wish you successful trades.💵

#Bitcoin #BTC 💵 should bounce soon from the 56,500 level and continue in the bull market to an all-time high.
To establish the ultimate profit target for the whole bull run, we need to use the Fibonacci extension and Elliott Wave theory. Throw away all Fibonacci levels on Bitcoin and use only following that works: 0.382, 0.500, 0.618, 1.000, 1.382, 1.618, 2.000, 2.382, 2.618, 3.000 etc......First, we need to make an Elliott Wave count, and after that, we can use the Fibonacci extension tool. As per my Elliott Wave count, we are in the final wave (5) of the whole bull cycle. That means we are in an impulse wave (1)(2)(3)(4)(5) and finishing the fifth wave. In general, to establish the profit target for wave (5), we need to use the Fibonacci extension tool from the start of the bull market, to wave (3), to wave (4). Usually, we want to target the 0.382 fib extension or the 0.618 fib extension. But in this case, it seems to be too low, so I am targeting a 1:1 FIB extension because of the wave (2) look. This gives us a profit target of 114,853.💰🚀

Hello dear traders!
Today #Bitcoin❗ 💵🚀 is almost ready for the final capitulation event at 62k. Is this a lifetime opportunity to buy #BTC☀ and catch the bottom? Definitely yes, you can do it pretty precisely at 62402 with your limit order. Why is this level so important?
The most important is the 0.618 Fibonacci level that we can measure in the previous impulse wave. Second, we have an unfilled Fair Value GAP (FVGAP) that was created on May 15, 2024, during a significant pump. But with these types of GAPS, they tend to get filled, so the probability is relatively high. Third, we have the Point of Control (POC) of the previous market structure. You can see this level on the volume profile indicator on the left side of the chart.
Levels around 62k are really significant, and we can expect a strong reaction from them. But what about Elliott Wave analysis? My Elliott Wave count suggests, that the previous uptrend is definitely an impulse wave (12345), which gives us more confidence in the overall bull run. Now, the corrective wave (WXY) is in progress, and we need to find its bottom. At this point, we don't really know if it will be a WXY (double three) or WXYXZ (triple three) pattern. But the 0.618 Fibonacci level is a strong support, and we should finish the corrective wave here!
After we finish this corrective wave WXY, we can mark it as wave 2 of a higher impulse wave (higher degree) and prepare for a 3rd wave, which will lead us to an all-time high.🚀✨

Thank you, and I wish you successful trades.💰

Make sure you prepare for this huge historical bullish trap on #Bitcoin. 💵🚀 Why? First, look at the price action. We have a bullish flag, that's what everyone sees. The market makers count every cent on their accounts, and this is a pretty good opportunity for them to make a lot of money by trapping retail traders. What will a typical retail trader do in this situation? Probably buy/long BTC at around 71k to 75k. That's where the whales step in and start selling, sending #BTC☀ back to 63k!
Why 63k? This is a strong support because we have an unfilled FVGAP + Point of control (POC) of the previous market structure. I really don't see any bullish sentiment during the summer season, as statistically, Bitcoin has been going sideways.
From the Elliott Wave perspective, we are in wave 5 of the first impulse wave, which is of course very bullish for the long-term, but buying at the end of wave 5 is probably not a good idea. What successful traders generally do is wait for an ABC corrective pattern to form before buying.

Please hit boost and follow for more ideas.
Thank you, and I wish you successful trades.💰💥

➡️ #GALAUSDT #GALA formed a bullish peanut pattern above the HTF. It is clear that it has taken a bullish turn from the major support zone, indicating a high bullish potential.
Waiting for breakout confirmation ✈🚀.
Retest confirmation is also pending.
We expect around 78% in the near future. 👉✅.

#Bitcoin❗ 💵🚀is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, #Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to increase the probability of success in your trades.
From a technical perspective, Bitcoin has been moving in the ascending parallel channel, so you can definitely take advantage of that and buy/sell Bitcoin at the upward sloping trendlines! With TradingView, you can set an alert, and when it hits, you will get notified.
What are the resistances on the way up? As I mentioned, the upward-sloping trendline of the parallel ascending channel is the first one. The second one is the FAIR VALUE GAP (FVGAP) which was created in April 2024. Usually, the start of the GAP and the end of the GAP are strong levels by themselves. You can use these levels for your short-term trades with leverage. These resistances Bitcoin needs to break before a continuation to a new all-time high; I don't see any other significant levels worth mentioning. Always choose the strongest levels to increase the probability of success.
I am bullish on Bitcoin and I believe we will see prices above 100k in Q3/Q4 2024.💰💵🚀

#Bitcoin❗  is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to increase the probability of success in your trades.

From a technical perspective, #Bitcoin❗  has been moving in the ascending parallel channel, so you can definitely take advantage of that and buy/sell Bitcoin at the upward sloping trendlines! With TradingView, you can set an alert, and when it hits, you will get notified.

What are the resistances on the way up? As I mentioned, the upward-sloping trendline of the parallel ascending channel is the first one. The second one is the FAIR VALUE GAP (FVGAP) which was created in April 2024. Usually, the start of the GAP and the end of the GAP are strong levels by themselves. You can use these levels for your short-term trades with leverage. These resistances #Bitcoin❗ needs to break before a continuation to a new all-time high; I don't see any other significant levels worth mentioning. Always choose the strongest levels to increase the probability of success.

I am bullish on Bitcoin, and I believe we will see prices above 100k in Q3/Q4 2024. Thank you, and I wish you successful trades. 🔥💰

#Chainlink #LINK💰 generated a very strong short signal after the pump. As we broke those zones, we also entered the overbought zone with RSI, while the price is also testing now in that major resistance zone.

If all plays out nice, we should see one good rejection from here soon! 🔥📉

#Bitcoin❗️ #BTC🔥🔥🔥🔥🔥 is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for #Bitcoin winter, but I don't think so. I see the recent price action as a great buying opportunity on the other side.

It is always important to do an Elliott Wave technical analysis to see the full picture. From my point of view, Bitcoin has formed and completed the WXYXZ triple-three corrective pattern inside this bullish flag. What you want to do as a trader is trade a breakout above the flag or buy at the bottom of the flag, potentially trading a breakout of the last Z wave.

Another reason why I think #Bitcoin is bottoming out is the chart of Ethereum. This is probably one of the best indicators for Bitcoin, so we cannot miss doing analysis on it. You can check out my analysis of ETH in one of my previous posts, but I can tell you now that the crash was pretty strong (more than 30%) and we are in a bull market, so we definitely want to buy the DIP and prepare for another huge wave to the upside.💰💵🚀

Thank you, and I wish you successful trades.

Long-term #BTC🔥🔥🔥🔥 holders stop selling - again to the Moon?🚀
The CryptoQuant chart hints that the last time Bitcoin made a strong pump after this.💰💵🚀👍

Hello dear traders! Now #Dogecoin‬⁩ produced the classic head and shoulders pattern, a top formation.
It has been bearish lately, everything seems slow.
Trading volume continues to decline...
➖ First, the bias is revealed.
➖ ➖ Then we see a strong challenge of support.
After a period of suspense... Comes the drop!
Everything can easily change; nothing is certain.
👉 If #DOGEUSDT moves above EMA50 (0.15400) the bearish bias weakens.
One can use any stop-loss based on risk tolerance preference.
Ok, the numbers...
____
SHORT DOGEUSDT
Leverage: 4X
Buy-in: $0.16300 - $0.14200
Targets:
1) $0.13500
2) $0.12200
3) $0.11200
4) $0.10200
5) $0.09550
Stop-loss: Close daily above $0.17000
Potential profits: 137%
Capital allocation: 3%
____
Thanks a lot for your support.💰💵✨

Good Saturday my fellow Cryptocurrency trader, I hope you are having a nice weekend.
This is a great opportunity short position #TONUSDT #TON .💵💰 #altcoins❗️
➖ We caught wave A of this ABC correction and now it is only logical to catch wave C.
The chart makes it self-explanatory: The start of wave A is the peak, wave B is the first low and wave C is the lower low which should hit between 0.618 - 0.786 Fib. retracement and/or MA200. Everything points to this level as the next target.
I am wishing you continued success.
I get the feeling this will be a profitable chart setup but, you can always adapt if the market changes.
👉 We have high risk with a very high potential for fast reward.
This is a high probability trade setup.

#Solana #SOL peaked March 2024, together with Bitcoin.
💵💥🚀
One month later, April 2024, a market correction was confirmed. This is confirmed by the fact that support broke, in this case we have a "cap" pattern.
➖ Notice the shooting star, inverted hammer and upper shadows on the candles; all the action has been bearish since the peak session in March.
➖ There is potential for a bearish continuation based on the fact that we have lower volume every session, a weak MACD, lower highs and strictly bearish marketwide action.
My numbers are shared with you for illustration purposes only and should not be construed as financial advice.
Make sure to do your own research.💰

Hello dear traders! Let's discuss and strategize today.
Overall, yesterday the price of #BTCUSDT #BTC 💰experienced significant volatility with a bearish impulse surpassing the $62,000 level, along with that on H1 Descending price channel started to appear (this generally reinforces the strong bear market go up). #Bitcoin is currently reaching $60,863 and up 0.1% on the day, the outlook remains bearish.
From a technical analysis perspective: The $62,000 resistance zone continues to hold but based on the classic candlestick technical analysis setup, I personally still believe that in the short term sellers have less and less chance to hold the zone Resistance keeps the down trend. Additionally, the uncertainty from the 34.89 EMA further strengthens the BTCUSDT pullback outlook. The break of the mentioned line will trigger the realization and delivery phase, which will give us bullish momentum. The targets in this case are $65,542 and $67,928.
🚀📈💵