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Bitcoin (BTC) has recently been trading within a relatively wide range, fluctuating between the $108,000 and $74,000 levels. Over the past several months, the asset experienced a notable decline from its local high of $108,000 down to a low of around $74,000. However, since reaching that bottom, BTC has been on a recovery trajectory, climbing back up toward the...

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BTC is once again approaching its all-time high (ATH) on the daily timeframe, generating excitement across the market. However, a closer look at the lower timeframes reveals signs of potential exhaustion as BTC encounters strong resistance. This suggests a pullback could occur before any continuation higher. On the 4-hour and 1-hour charts, BTC is currently...

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In this guide, I’ll explain the concept of the Fair Value Gap (FVG), how it forms, and how you can use it to identify high-probability trading opportunities. You'll learn how to spot FVGs on a chart, understand their significance in price action, and apply a simple strategy to trade them effectively. What will be explained: - What is a FVG? - How can a FVG...

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Today marked a significant milestone for Ethereum as it successfully rolled out its much-anticipated Pectra upgrade. The update, which introduces a number of technical enhancements aimed at improving scalability, security, and developer experience, has already had a noticeable impact on market sentiment. In the hours following the upgrade, Ethereum (ETH) surged...

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Following a significant upward move last week, the US100 (Nasdaq 100 index) has entered a period of consolidation, currently exhibiting a ranging structure characterized by lower highs and relatively equal lows. This pattern typically suggests a tightening market where bullish momentum is cooling but not yet decisively reversed. The presence of equal lows is...

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In this description, I will compare the current price action of BTC with the market behavior seen in 2021. Both cycles share notable similarities in their structure. ------------------------------- 2021 bullmarket During the 2021 bull market, BTC displayed classic topping price action. The chart showed slightly higher highs and higher lows, eventually forming...

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Bitcoin (BTC) has been steadily recovering from its January correction, entering a promising uptrend that has now brought it to a crucial technical juncture: the Golden Pocket Fibonacci zone, which lies between the 61.8% and 65% retracement levels. This area is widely watched by traders, as it often serves as a springboard for either significant reversals or...

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Over the past week, Bitcoin (BTC) has shown notable strength, forming an ascending triangle pattern, a typically bullish structure that often resolves to the upside. True to form, BTC has now broken out above the triangle's resistance, pushing higher with strong momentum. ------------------------------- Price target ascending triangle This breakout sets a...

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About a week ago, Ethereum (ETH) saw a strong upward move, pushing the price up with notable momentum. Since then, it has entered a period of consolidation, trading within a tight range as the market awaits the next decisive move. ------------------------------- Which Direction Will ETH Break? After such a strong rally, this kind of consolidation is normal. It...

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Chart patterns are visual formations created by the price movements of a financial asset—like a stock, currency, or cryptocurrency, on a price chart. Traders use these patterns in technical analysis to predict future market direction based on historical behavior. The main chart patterns are the reversal and continuation patterns....

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In the past two days, Bitcoin has experienced an impressive surge in price, exploding from around 85k to over 94k, showing strong bullish momentum. This rapid movement has certainly caught the attention of many traders and investors. However, while the price action has broken through previous lower highs, signaling a potential shift in market sentiment, it's...

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Gold has been in a strong and consistent uptrend, supported by macroeconomic uncertainty and a favorable risk environment. However, on the lower timeframes, price action is showing signs of temporary weakness following a sharp sell-off a few days ago. Currently, on the 4h chart, Gold appears to be forming a bearish continuation pattern, specifically a pennant....

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The British pound is currently moving towards the upside, showing a gradual but steady climb. However, it is approaching a significant resistance area that could pose a challenge to further gains. ------------------------------- Double top This resistance zone was previously a strong support level before the market formed a double top pattern and subsequently...

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When it comes to trading, price action often takes the spotlight, but volume is the quiet force behind the scenes that tells the real story. Volume bars show how much trading activity occurs during a given time period and can offer valuable insight into the strength or weakness of a price move. In this guide, we’ll break down how to read volume bars, what the...

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Since the end of October, the price of silver has been trading within a relatively tight consolidation range, fluctuating between $35 and $28.50. This range has now been tested multiple times on both ends, with the price touching the upper resistance and lower support levels twice, creating a well-defined horizontal structure in the market. During the most recent...

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Introduction Ethereum has been in a sustained downtrend over the past weeks, struggling to gain any real bullish traction. After a sharp decline last Sunday, the market remains under pressure, and although we’ve seen short-term attempts to recover, the broader trend still points downward. Technical indicators and price structure suggest this may not be over, with...

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Gold has been in a strong and sustained uptrend, showing impressive momentum with minimal pullbacks along the way. At the moment, Gold is forming a rising wedge pattern, which could indicate potential short-term downside price action. If we see a retracement from current levels, I’ll be watching closely for a long opportunity. A break below this rising wedge...

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In todays overview, we will discuss the price action of BTC and what we could expect in the short-term. What will we discuss? - Bitcoin approaching key resistance - Daily trendline break - But no higher high yet - Stochastic RSI overbought on the daily timeframe - Defining the daily range - Downside targets within the range - Final...