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BTC Huge Gap!!! We going back to 75k?Hey guys! Congrats all with BTC ATH and recent profits, I was not commenting the situation, because it was pretty clear, and we all know what was happening. But also, as we know, even in the bull cycle have to be corrections and consolidations. So here at the futures chart, we can see a huge gap around the healthy correction possible zone (max to 30%). Also, we have RSI oversold for sure and descending volumes. Plus, in December there were no promises about decreasing US Interest rate, so possibly December can end up in this correction phase. What's your thoughts about when and how much we could go? Let's chat in the comments =)
CME:BTC1!Short
by SheTradesHub
S&P 500 Weekly Recap: A Struggle to RecoverLast week’s market action reflected the ongoing struggle for recovery after the previous week’s sell-off. The market opened cautiously, with buyers stepping in to regain ground lost during the prior downturn. Despite early hesitation, bulls managed to push prices higher, eventually filling the gap created by the earlier sell-off. However, this recovery faced significant resistance from sellers, resulting in minimal upward progression in daily closes. Strength in the recovery was primarily driven by Financials (XLF), which set a new all-time high. Other sectors, however, remained subdued, aligning with the broader market's hesitant tone. While this selectivity isn’t necessarily negative on its own, when combined with other signals, it may indicate growing risk aversion and a lack of conviction among market participants. It is also worth zooming into the lower timeframes. The 584 level provided key support but was retested multiple times during the week, which is not a good sign for buyers. Persistent tests of support typically indicate weakening demand, and bulls should be cautious of this development. Additionally, it was remarkable to observe how the rally went precisely to the Value Area Low ( 596 ) of the previous consolidation zone. Buyers should note that the market failed to push higher and close within the value area, signaling potential exhaustion of the current recovery attempt. The immediate objective for the bulls is to push above 596 , reclaiming the previous value area, which would provide stronger validation for the recovery. On the other hand, bears will be focused on taking down the 584 level, where there is likely big liquidity pool. Next week is rich in terms of key events. The FOMC minutes are scheduled for release on Tuesday, preceded by significant economic data on Wednesday. These releases will be closely scrutinized as investors remain deeply concerned about the possibility of a recession. Any signals pointing toward a slowing economy could spark fear and trigger increased volatility. While the long-term market trend remains intact, the warning signs outlined above suggest that investors should hold off on adding to their positions for the time being. P.S. ES futures are currently rising in the pre-market session. If this momentum doesn't transform into a sell-off after the bell, it will certainly be a positive sign for the buyers.
AMEX:SPY
by hermes_trisme
BTC Near $100K! Correction Ahead? Key Zones to Watch!Good morning, crypto bro's! 🌅 📊 Fear & Greed Index: 82 (Extreme Greed). 📉 Stoch RSI: Continuing downward toward oversold. 💡 Analysis: BTC has corrected after its significant pump to $99,594. H4 timeframe: BTC could revisit the $99K zone. Daily & Weekly timeframes: High probability of a deeper correction to the green zone at $85K–$82K. 📌 Market remains in a greed zone, so it’s wise to adopt a wait-and-see approach. I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
INDEX:BTCUSD
by x_Akki
Nifty Short, Medium & Long Term : 25-Nov-24 to 29-Nov-24Nifty Short, Medium & Long Term : 25-Nov-24 to 29-Nov-24 Nifty closed at 23907 (two weeks before 24141) and touched high & low of 24233-23265 RSI ,Macd and stochastics levels are still down at the bottom. Market bounced back from Trendline Support around 23250 and bounced back. But FII might continue to sell, hence please apply caution and let market move above the Ist & IInd short term target to buy in bulk. However, small SIP type buy in stocks/ MFs always better at this critica time. FIIs was continuously selling in Indian market due to valuation issues of Indian Stocks, rather FIIs invested in Bitcoin which lead to Extraordinary increase in Bitcoin vallue and nearing 100,000 $ post US Election. Maharashtra election results gave confidence to current govt and will ease the pressure with current govt and can take free decisions in upcoming budget. US indictment of Adani in bribe crime is a very bad issue and definitely it affects Adani Stocks and allied stocks. Example ITD Cementation is a great valued stock, but fell down drastically, as Adani was about to buy this company as per the news. Hence, avoid adani related stocks at present, as SEBI also might take action ( show cause notice/ Audit) on adani stocks. Slowly started adding the stocks and Mutual Funds during this downfall, will continue to buy if there is further fall. Use the opportunity and grab the good value stocks. Kindly read the Bitcoin Blog which i have written in Sep & Oct 24 with clear Indications to Buy with target of atleast 77000. Caution was emphasized on Nifty for last 4 months as nifty PE ( Currently 22) was in high level with high valuation especially in Mid cap & Small Cap. PE touched 21.5 and bounced back. Mutual Funds SIP shall be invested as the goal is for more than 5-10 years at this critical period , further market correction can happen upto nifty index to 22800 from current level, Individual value stock picking is a key at this critical time. Fundamentally good stocks to be invested at these times. My Stock analysis of diwali recommendation from major financial agencies/ analyst and also some of the stock which is good as per my analysis will be provided upon request. DM : karthik_ss ( Twitter) . Individual need to analyse on their own. Further additional fundamental good value stocks ( which i analysed ) are added now after this downfall. Please note these are all not stock recommendation, rather an analysis. Individual Can analyse and add to your portfolio based on your risk profile. Nifty 23907 Short term ( Short Term : Neutral) Nifty short term resistance Market to firmly cross 24500, 24767(0.5 Fib resistance) and 25122 ( 0.618 Fib resistance) to move ahead to 26000. Support at 23266 ( Last week Low), 23000 & 22800. Medium Term next target is 25335( Shoulder Pattern), if move up decisively above next target 26268 ( all time high), 26968 Medium term Support 22248. Long Term : Nifty have a target of 27740, 28000 & 28190 ( Fibonacci Resistance). Support at 21240
NSE:NIFTY
by karthikss
BTC on the Verge of $100K! But Beware of Sudden Dumps! Good morning, crypto bro's! 🌞 📊 Fear & Greed Index: 94 (Extreme Greed). 📉 Stoch RSI: Bounced at 56. 💡 Analysis: BTC successfully broke through the $95K resistance, boosting its potential to reach the coveted $100K mark soon. However, with the Fear & Greed Index in extreme greed, there's a heightened risk of a sudden dump. ⚠️ Stay cautious, avoid FOMO, and maintain strong risk management. I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
INDEX:BTCUSD
by x_Akki
1
BTC Faces Heavy Resistance in Blue Zone: Pump or Correction ?Good morning, crypto bro's! 🌅 📊 Fear & Greed Index: 82 (Extreme Greed). 📉 Stoch RSI: Heading toward the oversold zone. 💡 Analysis: BTC's price action remains bullish, with the $95K target still on track. However, the current blue zone between $93K - $99K presents significant resistance and poses a high risk of correction. 🔑 Stay sharp, avoid FOMO, and prioritize risk management! 🛡️ I'm Akki, as always, one chart at a time. Have a fantastic day and stay SAFU!
INDEX:BTCUSD
by x_Akki
S&P Weekly Recap: Rally Falters Amid Lack of ConvictionLast week’s market action delivered a reversal in sentiment, highlighting the fragility of the rally that had persisted since the so-called "Trump rally." The week began slowly, with the market testing buyers’ conviction to push prices higher. After confirming a lack of such conviction, sellers stepped in, driving prices sharply lower. As suggested in my previous recap, 585 (VAH) provided temporary support, and the week closed near this critical level. Interestingly, most major sectors participated in the downward move, aligning with the broader market trend. However, XLF (Financials) stood out as the exception, managing to post gains despite the sell-off. This divergence suggests that there is still buying interest, with money continuing to flow selectively into the market. The immediate objective for the bulls is to hold 585 and attempt to fill Friday’s gap. Failure to do so, with the price returning to the 568-585 range , would indicate that the rally is nearing exhaustion. While this would not immediately signal a transition into a bear market, it would mark a notable shift in sentiment. The 568 level remains critical for buyers; as long as it holds, the broader uptrend stays intact, and bulls maintain the upper hand. Meaning that I keep "bullish" outlook. This week, the market’s attention will be on NVIDIA's earnings on Wednesday. While the previous report didn’t cause much volatility, traders will be closely watching for any surprises that could influence market momentum.
AMEX:SPYLong
by hermes_trisme
BTC Correction Incoming? Fear & Greed Index Drops to 80!GM crypto bro's! 🌅 Fear & Greed Index drops from 88 to 80 today, but we’re still deep in extreme greed zone! 😬 BTC finally showing signs of correction after a wild ride. Current probability points towards a pullback to the FWB:83K - GETTEX:82K range. 🧐 Let’s see if this correction deepens or finds support here. Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
BTC Hits $93K! Is a Major Correction Next?GM crypto bro's! 🚀 BTC just hit a top at $93K! Fear & Greed Index is up again, reaching 88 — extreme greed mode is ON! Stoch RSI remains heavily overbought, making this bullish rally look ripe for a deeper correction. 📉 Personal outlook stays the same as yesterday; we’re seeing strong rejection around the 93K range. Expect potential corrections to revisit our yellow zone between 80K-77K. Keep your eyes on it! 👀 Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
S&P500 Is Approaching Key Support Level.Hey Traders, In today’s trading session, we’re keeping a close watch on the US500 for a potential buying opportunity around the 5800 zone. The index is currently trading in an uptrend, but we’re seeing it enter a corrective phase. This correction is bringing it back toward the 5800 support and resistance area, a critical zone that aligns with the broader upward trend. The 5800 level could serve as a strong entry point, offering an opportunity to join the prevailing uptrend at a favorable price. If price action confirms support at this level, it may signal a potential rally continuation in line with the broader market momentum. As always, ensure you manage risk and stay cautious in your entries. Trade safe, Joe
CAPITALCOM:US500Long
by JoeChampion
5
BTC Eyes $100K Target! Will This Insane Bull Run Continue?GM crypto bro's! Fear & Greed Index surges from 80 to 84, deep in extreme greed. Stoch RSI still in the overbought zone. 🚨 BTC peaked at 90,177, with minor corrections only down to 85K. The question is: will it keep pumping into the 93K-100K range? 🤔 My personal view? We might see a correction entering the yellow zone around 80K-77K, but don't rule out a continued pump toward 100K! 💥 Market remains ultra-bullish. Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
1
BTC Rockets to 89K! Next Stop: 100K or Major Correction?GM crypto bro's! Fear & Greed Index spikes to 80, deep in extreme greed. Stoch RSI remains in the overbought zone. 🚨 Despite previous correction signals, BTC continued its insane pump, breaking through our predicted 82K-85K range and peaking at 89K! 🤯 Where’s it headed next? Potential correction zones are: 85K-82K, 80K-77K, or 74K-70K. If the pump continues, we could see BTC hitting the 93K-100K range! 🤑 The market is ultra-bullish. Stay alert, avoid FOMO, and manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
S&P Soars on Election Results in a Stunning RallyLast week's market movements provided a strong example of how impactful certain events can be on sentiment and momentum. In the last market recap, I highlighted uptrend continuation as the most likely scenario. However, at the start of the week, there was absolutely nothing on the chart suggesting a V-shape pivot. Week started on a weak note, but Tuesday marked a shift, as buying interest began to surface, quickly escalating into a stunning overnight gap once preliminary election results emerged. Essentially, the election results had a similar impact on the market as an earnings report can have on a company's stock price. This influx of optimism solidified bulls' control over the market, reinforcing a strong weekly uptrend. The buying wasn’t limited to a few sectors; instead, it was widespread, touching every major sector by the week’s end. Such broad-based buying underscores that the rally is not sector-specific but part of a larger, systemic movement. While we’re seeing robust upward momentum, it’s worth noting that both weekly and daily RSI levels are approaching overbought territory. However, as often observed in strong uptrends, prices can comfortably persist in the overbought zone. With no clear resistance above, I would strongly discourage trying to catch the top. Important levels to watch include 585 (VAH) , which is key in the event of a potential retest of the last consolidation zone, and 568 (major weekly low) , which buyers must protect to maintain control. P.S. If you missed this insane rally, don’t blame yourself too much. Had the election outcome been different, it’s easy to imagine the market would have plunged just as dramatically. So holding short-term position was similar to trading company earnings, which is, in a way, a form of gambling.
AMEX:SPYLong
by hermes_trisme
BTC Hits 81K! Is a Massive Correction Next?GM crypto bro's! Today's fear & greed index shows extreme greed at 76, with Stoch RSI in the overbought zone. BTC has pumped massively, reaching our predicted high range of 79K-80K and even spiking to 81K! Given the extreme greed condition, a correction might be looming. Watch for potential rejections at 82K-85K. If we see a drop first, the correction range might hit 77K-76K. Stay alert, avoid FOMO, and always manage your risk. That’s it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
2
BTC at 77K! Correction or Another Pump Incoming?GM crypto bro's! Today, the fear & greed index holds steady at 75, still in Greed status. Stoch RSI remains in the overbought zone. BTC's peak is at 77K, yet it hasn't visited our expected correction range of 73K-70K. Overall, today's outlook mirrors yesterday's, with correction and pump potentials intact. The market is still riding high on greed—stay safe, avoid FOMO, and manage your risks wisely. That’s it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
BTC Eyeing a Correction? Watch These Key Levels!GM crypto bro's! Today, the fear & greed index is at 75 in Greed status. Stoch RSI is now entering the overbought area. Market outlook remains consistent with yesterday's analysis. Current BTC action hints at a high probability of correction in the 73K-70K range, while the potential pump target stays in the 79K-80K zone. The market is still driven by greed—stay safe, avoid FOMO, and manage your risks as always. That's it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
BTC Hits 76K! Next Stop: 80K or Correction?GM crypto bro's! Fear & greed index now at 77 in Extreme Greed, and stoch RSI is shifting from oversold to overbought. BTC finally reached our previous target of 76K! So, what’s next? Typically, after a solid pump, a correction follows, with potential dips to 73K-70K. If the momentum continues, we could see BTC eyeing the 79K-80K range. Market’s hot with extreme greed, so stay safe and avoid FOMO—manage risk as always. That’s it for today’s update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
BTC Surges to 71K! Will 76K Be the Next Target?GM crypto bro's! Fear & greed index remains at 70 (greed zone), with stoch RSI signaling potential relief from oversold conditions. Our previous outlook pointed to a dip around 64K-63K, but BTC took a turn, correcting only to 66K and now pumping to 71K. On the H4, a small correction around 70K may be on the horizon, with the pump target still set at 76K. Crypto is dynamic, probability is a probability—stay safe, manage risk, avoid FOMO. That’s it for today’s update. I’m Akki, one chart at a time. Have a nice day & stay SAFU.
INDEX:BTCUSD
by x_Akki
S&P Weekly RecapLast week saw significant moves in the S&P 500 , with Thursday’s open revealing a sharp gap down that quickly intensified into a strong sell-off. This correction unfolded despite strong earnings from “Big Tech” and was likely driven by weakness in key economic indicators, such as GDP growth and Non-Farm Payrolls, combined with uncertainty surrounding the upcoming U.S. elections. Still, the broader weekly uptrend remains intact for now, as long as the index holds above key levels. One area to watch closely is the 566.6 support, which has been tested by recent volatility. There’s no guarantee that this level will hold if selling pressure continues, so it’s a crucial line to monitor. That said, the general uptrend is considered safe above 538 , which is the major weekly low. Another significant level to watch is 561.5 , the Value Area High (VAH) of the recent weekly consolidation zone. An interesting signal was the elevated call/put ratio on Friday. This uptick suggests that, despite the sell-off, bullish sentiment remains alive, with many viewing the dip as an opportunity. The continued strength of the XLC sector further reflects this optimism, as it managed to hold firm even through the broader index’s pullback. Considering all the above, the long-term market outlook remains bullish. Key levels to watch in the coming days are 566.6 for immediate support, 561.5 as an important pivot point, and the weekly major low at 538 . Next week is packed with high-impact events, including the U.S. elections and the Federal Reserve’s interest rate decision . Both are likely to drive heightened volatility and could serve as key catalysts for market direction.
AMEX:SPYLong
by hermes_trisme
BTC's Next Move After the 67K Test: Deeper Correction Incoming?GM crypto bro's, back to reality! Fear & greed index is at 70 (still greed), while stoch RSI hits oversold. Our previous target of 67K was visited. So, where does BTC head next? On the H4 timeframe, no clear pump signals yet. On the D1 chart, we’re eyeing our familiar range of 64K - 63K, as greed persists and a deeper correction is possible. Crypto is tough, as tough as life itself. Stay cautious, avoid FOMO, and always manage risk. I'm Akki, signing off with one chart. Have a great day & stay SAFU.
INDEX:BTCUSD
by x_Akki