priceactionanalysis

📘 What Is the Range Trading Strategy?

Range Trading is a simple yet powerful trading method used when the market is moving sideways (not making new highs or lows).
The price bounces between two key levels:
Support (Lower Level) → where buyers enter
Resistance (Upper Level) → where sellers enter
Your goal is to buy low at support and sell high at resistance.

📌 How to Identify a Range
To use this strategy effectively, follow these 3 steps:
1. Find Support Level
Look for an area where the price touches and bounces upward multiple times.
This means buyers are strongly defending this zone.
2. Find Resistance Level
Look for a price area where the market repeatedly falls from.
This is where sellers are active.
3. Confirm Sideways Market
The market should not be trending strongly—no big breakouts, no new high or low.

📌 How to Trade the Range (Step-by-Step)
🟢 Buy Setup
Wait for the price to reach support.
Enter a long (buy) position after a bounce or a strong bullish candle.
Set Stop-Loss slightly below support.
Take-Profit at resistance.

🔴 Sell Setup
Wait for price to reach resistance.
Enter a short (sell) position after rejection or a bearish candle.
Set Stop-Loss slightly above resistance.
Take-Profit at support.

This strategy works in any market:
Crypto (BTC, ETH, BNB, Solana etc.)
Forex
Stocks
Commodities
📊 Best Timeframes
15 min – Medium accuracy
1H / 4H – High accuracy
1D – Very high accuracy but fewer trades

🔥 Tips to Increase Accuracy
✔ Avoid trading during major news
✔ Use RSI to confirm overbought/oversold
✔ Always wait for candle confirmation
✔ Don’t chase the breakout — only trade inside the range
✔ Let the price come to your zones,

📈 Risk Management
Always use stop-loss
Risk 1–2% per trade
Avoid aggressive leverage
Take partial profits if the market is unsureatient

$BTC
$ETH
$BNB
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#CryptoTradingTips
#PriceActionAnalysis
#MarketMastery
#RangeTradingStrategy

Bitcoin (BTC) has entered a short-term consolidation phase above the $100,000 mark. However, technical indicators and historical price movement suggest that the maiden digital asset still has the potential to add $50,000 to its value in the current cycle.
Amid this potential new high, Bitcoin has shown minimal movement on the daily chart. The asset has grown by a modest 0.8% to trade at $101,600 as of press time. On the weekly chart, BTC is up almost 4%.
Indeed, Bitcoin looks set to continue with the current bullish sentiment based on the technical setup. The asset is trading above its 50-day and 200-day simple moving averages (SMA), signaling bullish momentum both for the near and long term.
Bitcoin’s path to $150,000
Regarding the digital asset’s path to $150,000, this outlook is backed by the ‘3 Expansion Phases’ pattern formation, according to an analysis by trading expert TradingShot in a TradingView post on December 14.
Notably, the ‘3 Expansion Phases’ refer to periods of sharp upward price movement, separated by brief consolidations, forming a repeating pattern that signals the continuation of a bullish trend. According to the pattern, Bitcoin could trade at $150,000 before the summer of 2025.
Bitcoin price analysis chart. Source: TradingView
TradingShot noted that Bitcoin is in its third ‘Expansion Phase’, marked by a mid-phase consolidation within the 0.382 – 0.5 Fibonacci range on the weekly chart—a pattern previously serving as a launchpad for higher moves as momentum builds.
Supporting this outlook, the one-week relative strength index (RSI) is again turning sideways, a signal that preceded surges in past cycles, suggesting room for further growth.
With Bitcoin trading near $101,000 and holding above key support like the 50-week MA, TradingShot predicted the Channel Up pattern could push Bitcoin to $150,000 before summer.
Bitcoin’s price institutional outlook
Indeed, the expert’s Bitcoin price prediction and this timeline partly align with several estimates by major institutions. For instance, as reported by Finbold, banking giant Standard Chartered projects Bitcoin will trade at $200,000 in 2025, a move that would likely see its market cap hit close to $4 trillion.
According to the bank’s analyst Geoff Kendrick, institutional capital inflows will primarily drive the price target.
In the same breath, on December 13, investment management firm VanEck noted that the current bull run will likely extend into 2025 and peak in the first three months of the new year. To this end, the entity projected that Bitcoin could hit a high of $180,000.
When looking at the short-term price projections, Bitcoin analysis shared by trading analyst Captain Faibik in an X post on December 14 observed that the asset would likely break out as it forms a classic ascending triangle pattern on the eight-hour chart.
The ascending triangle, characterized by a horizontal resistance line and a rising trendline of support, signals that buyers steadily push the price higher. At the same time, sellers struggle to maintain control at resistance levels.
This builds momentum, often resulting in a decisive breakout to the upside, with the analyst projecting the next target to be $112,000.

Bitcoin price analysis chart. Source: CryptoCove
While market sentiments and fundamentals point to a bullish continuation for Bitcoin, CryptoQuant’s on-chain analysis identified periods when investors should exit their positions.
In a December 13 blog post, the onchain analysis platform warned that when Bitcoin’s supply ‘in loss’ drops below 4%, it signals the peak of the bull run and the time to begin selling aggressively.
"When the BTC supply loss % goes below 4% you should start dcaing aggressively out of BTC and wait for the next bear market lows,” the platform noted."
Reflecting on the previous bull market, which ended in late 2021, the platform noted that failing to sell during this phase resulted in missed opportunities to lock in profits and avoid the subsequent market crash.
In this case, the market is witnessing similar conditions, hence the need to be on the lookout. As things stand, Bitcoin’s new area of focus is the $100,000 support, as dropping below this level could signal additional losses.
Finally, with the current short-term consolidation, bulls can build on the current valuation and target the $105,000 zone.

Disclamation: Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research.

#BTC☀ #Bitcoin❗ #PriceActionAnalysis #Write2Earn! #Write2Earrn

📊 Current Market Overview
Current Price: $3.42 (as of Feb 7, 2025)
Recent Trend: Down 10.34% but showing signs of a rebound

Market Sentiment:
Neutral to bullish, with strong development activity
📈 Short-Term NEAR Price Prediction (Feb 8-10, 2025)
Feb 8: Likely range $3.30 - $3.50 (Neutral to slight uptrend)
Feb 9: Likely range $3.20 - $3.40 (Potential consolidation)
Feb 10: Likely range $3.35 - $3.60 (Possible breakout)
🔹 Key Support & Resistance Levels
Support: $3.10, $3.00
Resistance: $3.50, $3.60

📌 Best Buying Opportunity: Why $NEAR is a Strong Investment Now
🔥 Discounted Price: Trading 65% below its all-time high ($20.42)
📈 Strong Technicals:
RSI 55 (neutral) & EMA crossovers signal bullish potential

? Growing Adoption:
DeFi, NFT, and AI projects launching on NEAR
🚀 Market Catalysts:
A Bitcoin surge past $50K could push altcoins like NEAR higher

📊 On-Chain Metrics:
Increased transaction volume (growing investor interest)
More active wallets & staking participation
🛠️ Key Technical Indicators & Market Sentiment
✅ Moving Averages (MA): 20-day MA crossing above 50-day MA (bullish signal)
✅ Relative Strength Index (RSI): At 55, leaving room for an upward move
✅ Bollinger Bands: Expanding, suggesting an upcoming volatility-driven breakout
✅ On-Chain Activity:
Higher staking rewards attracting investors
More developer activity expanding NEAR’s ecosystem
🚀 Investment Strategy: How to Maximize Gains with $NEAR
📌 Best Buying Zones:
Accumulation Zone: $3.10 - $3.40 (Good for long-term investors)
Breakout Buy: Above $3.50 (Confirmation of a strong uptrend)
📌 Suggested Strategies:
BUY & HOLD: $NEAR is undervalued and could surge in the next bull run
Short-Term Swing Trade: Buy near $3.30, target $3.50 - $3.60 for quick profits
Staking for Passive Income: Earn rewards while holding NEAR

📢 Conclusion: $NEAR is in a Strong Buying Zone
Technical & fundamental factors align for growth
Buying near $3.30 - $3.40 could yield strong short- and long-term return
NEAR’s ecosystem expansion & strong investor interest make it a solid investment

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