Core Viewpoint - The current bullish breakout indicates a strong counter-trend rally, with resistance expected near the 50-day average at $59.13, which has historically acted as a dynamic resistance area [1][2]. Price Resistance Levels - The price zone of potential resistance includes the 12-day high at $59.22 and a 78.6% Fibonacci retracement level at $59.37, suggesting a critical area for the current bounce to either reverse or break through [2]. Reversal Confirmation - A sustained move above the lower swing high of $60.56 from early December is necessary to confirm a trend reversal on the daily chart. A bullish reversal was triggered this week, with confirmation pending if the week closes above last week's high of $57.82 [3]. Broader Downtrend Context - The series of lower swing highs since the June peak at $78.44 indicates the potential for another pullback from resistance. Strong demand is essential for further advancement and breaking through the resistance zone, which may require a dip to establish a higher swing low [4]. Outlook - The counter-trend rally in crude oil has gained momentum, with the $59.13–$59.37 confluence being a decisive test. Holding above the 50-day average would shift the daily structure to a short-term bullish stance, while rejection could lead to another decline within the larger downtrend from June [5].

Clear rejection for $BTC, which means that the downtrend is still intact on lower timeframes.I want to see a clear breakout above $88K, which would be a strong signal to the markets that we're looking at upward momentum from here.If not, then it remains to be the case that a test at $83K for liquidity and $80K for liquidity is in the books.Given that there's a lot of macroeconomic events taking place over the course of this week, I wouldn't be surprised if we're getting any of those tests. ...

When the uptrend ends at one asset, the downtrend ends at another.That's how markets work.That's why risk off <> risk on is such an important phrase to understand.That's why Gold stops & #Bitcoin breaks out. ...

While I was early on the bottom call, things are finally starting to look constructive again.Glad I didn’t puke into the lows, now the critical area IMO is the $98–$100K zone and that major downtrend line.Things look much better back above there.I still think the odds of this being a lower high are around 70–80% (pulled this number out my ass).There’s still an outside shot at new ATHs if we rip out of this zone aggressively, but no sense getting ahead of ourselves.Sentiment is still pretty floored, but with ...

Market Analysis of XDC - XDC is currently in a downtrend, testing a major low around 4 and a half cents, with potential for bullish structure formation if it holds support near 5 cents [2][4] - A potential inverse head and shoulders pattern is forming, suggesting a possible bullish reversal if support holds around the November 4th-5th low [3][4] - Bitcoin's momentum is crucial for XDC's price action, with the market hoping for Bitcoin to gain strength and carry the rest of the market [5] - Short-term price action for XDC appears bearish, but flipping 5.015 cents would be a significant bullish signal [7] Exchange Listings and Market Exposure - XDC has experienced a surge in exchange listings, including Kraken, Binance US, Pionex (ranked 32 with $2.05 billion in 24-hour trading volume and over 253,000 weekly visits), LA Token ($134 million in trading volume, 7,000 weekly visits), BitTap (87,426 weekly visits), Bit Baby ($176 million in trading volume, 738,000 weekly visits), MGBX ($521 million in trading volume, 80,000+ weekly visits), BTSE (ranked 70 with $229 million in trading volume, 1.5 million weekly visits), BTCC (ranked 48 with $683 million in trading volume, 2.2 million weekly visits), VUX ($782 million in trading volume, 2.1 million weekly visits), and WEX (top 30 with $1.5 billion in trading volume, 3.2 million weekly visits) [10][11][12][13][14][15][16] - These listings provide increased liquidity and exposure to a potential audience of over 10 million weekly visits across these exchanges [19][21] - XDC is already listed on top-tier exchanges like Bybit, BitGet, Gate.io, Coin, and MEXC [22][23] Ecosystem Growth and Integrations - USDC on the XDC network is expanding, with over 91% growth in the last 30 days and integration with Indoex [24][25] - XDC is recognized as one of the fastest-growing layer-one blockchains, with a 94+% increase in monthly active addresses, reaching 34,600 [26] - XDC is ranked number two in top RWA (Real World Asset) projects by market capitalization [27] - DeFi expansions and integrations are increasing, including Hermes enabling seamless bridging of XDC [29][30]

RT RC Markets (@_rcmarkets_)Mayne explains how he trades higher lows."If you wanna find a long on the daily higher low here, right, the daily is in an uptrend. What do you do here? You go to the H1, you go to the H4, maybe even go to the M30, and you look for this time frame to get bullish, right, because it's going to be in a downtrend. You look for it to flip back bullish."@Tradermayne ...

Market Trend & Analysis - Bitcoin is in a strong bear market, indicated by bearish divergence from Summer [1] - Death cross confirmed, marking the first occurrence in this cycle [1] - Loss of EMA50W confirmed, also a first in the cycle [1] - Bitcoin respects 4 years cycle, indicating a BEAR market now [1] - Repeat of same 2021-2022 bearish fractal [1] Liquidity & Financial Health - Repo markets are empty, suggesting liquidity is at ZERO [1] - Banks liquidity is at Credit Suisse crash levels [1] - Japan (BOJ) is facing serious trouble with Repo failure [1] Investor Behavior - Retail investors are still holding, with no capitulation seen yet [1] - Retail investors are still believing in a bull market, buying the dips [1] - Stock insiders have been STRONG selling since August [1] Institutional Activity - Tons of liquidated trading firms from Oct 10 [1] - Tons of liquidated institutions from Oct 10 [1]

ICT became easy once I figured out this one thing and also when I realized that I don't need to use 95% of it. Okay. And in the past one week of trading risking $1,000 per trade, I've been able to make over $21,000 in profit using this exact thought process.All I'm looking for is a consistent downtrend that's been contacted for multiple times in a session. Okay. Once I get an actionable fair value gap as well as a change of character as well as an influx in volume, I can then set my position up expecting wi ...

Market Trend Prediction - Bitcoin is showing strong technical indicators, suggesting a potential upward trend [1] - If Bitcoin follows Gold's pattern, a price of $150K is anticipated this quarter, with a new All-Time High (ATH) expected this month [2] Technical Analysis - Bitcoin held the 20-Week Moving Average (MA) as support [3] - Bitcoin broke the downtrend at $112K [3] - Bitcoin is on track for the highest weekly close in its history [3] - A significant 7% weekly increase was observed [3]

All right. So, I'm 28 years old. I make a living trading crypto.And I'm telling you, it's no different than playing a video game. So, to explain what I mean, I'm just going to show you exactly what I did today. So, first of all, this is Trading View where I'm doing my charting. And this is where I'm actually executing my trades.Okay. And what I'm looking for are for up and down trends. So, when price is generally moving up, that's an uptrend.And then periods where it's moving down is a downtrend. Okay. So, ...