TopChartPatterns

Bitcoin Breaks Down: Key Levels For the Brave Last time we talked about Bitcoin, there was a clear warning: Losing $108k would be a game-changer. Well, here we are. The uptrend is broken, that milestone is lost, and it’s time to brace for a correction . But don’t let fear take over , this is where skilled traders come alive. The First Major Test: $93-97k Right now, BTCUSD finds itself hovering near a critical support zone: $93-97k USD. This isn’t just a random range. It’s a historical support, and if you check the volume profile, there’s big buying interest here. This could generate a solid bounce! If it happens, expect a return to the $108k area, but don’t get too excited . Breaking back above that won’t be easy. The price would need serious momentum to flip $108k into support again. What If Support Fails? If the $93-97k zone gives way, don’t panic, just prepare. The next key level sits at $80-83k. This is another area where Bitcoin has a long buying history and buyers could pile in again. These supports act as opportunity magnets. Every bounce means another shot at low-risk, high-reward trades. Why These Levels Matter Support and resistance aren’t just lines, they’re the heartbeat of any market. For Bitcoin, these zones are where whales swim and retail dreams can turn into gains. The market loves to bounce between levels; that’s where the magic happens for disciplined traders. Master these zones, and y ou could trade with minimal risk, catching big moves while avoiding the noise. Stay sharp, follow the price, and don’t forget, it’s these moments of chaos that bring the biggest trading opportunities.

🚨 Tesla Breaks the Double Top This is the kind of setup that gets my blood pumping! Clean, Technical and Powerful. The neckline gave way, volume confirmed, and the price dropped fast. A sell opportunity has appeared in front of us! For me, this isn’t fear, it’s opportunity. This is where a trader lives. Where plans meet reality. ⚡ Why It Matters Double Tops are simple , but they’re brutally honest. They show where bulls finally lose control as I recently explained. https://www.tradingview.com/chart/SPX/nVz3ef5w-How-to-Trade-the-Double-Top-Pattern-Like-a-Pro/ In Tesla’s case, we’ve been watching that zone for weeks, and now, the break is real. If you’ve been following my recent posts, you already know the playbook: Entry after neckline break Stop Loss around 38.2% retracement Take profit at 61.8%, or scale out for multiple targets This isn’t guessing. This is structure, risk, and discipline. This kind of pattern works about 70% of the time, and dude, your TP is way higher than your SL, so the edge is clearly on your side. More Context: Watch GOOGL and MSFT Next Tesla just confirmed, but Alphabet (GOOGL) and Microsoft (MSFT) are right at the edge. Both are showing the same Double Top structure, same psychology, same potential setup. MSFT GOOGL Will they break? We don’t know yet. But after Bitcoin’s breakdown and with many of the Mag7 and Big Tech stocks now falling, it might be time to start shorting some names. If their necklines give way too, we could see a wave of short-term weakness across tech. And that’s what makes this moment so interesting. You can almost feel the tension in the charts. ❤️ Why I Love This I love trading moments like this. Not because of the profit, but because of the clarity. The market is pure when it speaks through patterns. You can’t control the outcome, but you can control your plan. And that’s what makes this job so amazing .

How to Trade the Double Top Pattern Like a Pro The Double Top is one of the most reliable patterns in technical analysis. It often marks the beginning of a resistance zone and signals that bullish momentum is losing strength. The first top is hard to anticipate, it’s usually just a continuation of the existing rally. But when the second top fails to break above the previous high, that’s when things get interesting . This failure creates a resistance level, and it’s the first warning sign that buyers may be running out of steam. 🔵 Why Do Double Tops Form? There are usually two main reasons why a Double Top appears: Profit-taking after a strong rally.Bulls start to lock in profits, causing the momentum to fade. Lack of new buyers . Demand weakens, and bears begin to take control gradually. Learning to tell which case you’re facing can help you decide whether it’s a great buying opportunity during a healthy pullback, or a signal to take profits, or even go short . 🧭 Step 1: How to Identify a Real Double Top Before trading it, make sure it’s a true Double Top: - Both peaks must form after a strong upward move . If the market was falling before, it’s not a classic pattern. - The two tops should be at almost the same price level (no more than a 0.5% difference). - The most important part is the neckline , the lowest point between the two tops. That neckline defines whether the move is just a healthy pullback or the beginning of a new downtrend. If the neckline doesn’t break, there is no Double Top yet. The pattern is only confirmed after the neckline breaks downward. 💥 Step 2: Trading the Pattern There are three main scenarios to understand: 1️⃣ A Confirmed Double Top (Breaks Down) When the neckline breaks, the market often drops about 61.8% of the pattern’s height, with a probability above 70%. A small pullback to retest the neckline is possible, but usually, the price won’t return to the previous highs. A Double Top is spotted: The neckline is broken: A decline happens sharply: 2️⃣ A Fake Double Top (Break Fails) If the price fails to break the neckline and instead makes new highs, it’s not a real Double Top. This typically means we’re in a profit-taking phase, not a trend reversal. In these cases, it’s often best to stay out, as the market tends to move sideways or show mixed signals. A spotted double Top: Fails to break down, instead breaks up: The rally unfolds: 3️⃣ A Double Top Trap in a Strong Bull Market Sometimes, a small break below the neckline triggers stops before the price explodes higher again. These are common during powerful bull runs. A spotted double Top: The neckline is broken: Inmediately the price reverse and break upwards. The price rallies: 💲 Real Double Tops: Theory is simportant, but let's go real! A Double Top is now unfolding in Microsoft , and as you can see the neckline is almost there! Is this a signal? Wil a fake breakout occur? Are we witnesing the end of AI rally? https://www.tradingview.com/x/fe7drXb4/ And some previous Double Tops: ❗ A final recommendation Tradingview offers a great indicato r to Spot Double Top patterns easily. Once you are in a chart, click on indicators and search Double Top Chart Pattern indicator. It's only for paid users and works fine! Take a look how it spots the Double Top pattern and also gives you and idea of the posible target price! Or the current one in MSFT In short: Double Tops work roughly 70% of the time , but context matters. They perform best in sideways or slowing markets, and are less reliable in strong rallies , where false breaks can easily trap traders. Always confirm the neckline break, watch for volume, and never forget: A pattern is just a probability, not a guarantee.

The Scariest Divergence In the Market If you look at the chart, you’ll see the SPX (candles) and U.S. job openings (in blue) plotted together since 2001. Historically, these two metrics have been highly correlated , both rising and falling almost in sync as the economy expanded or contracted. But something changed dramatically in November 2022. That’s when ChatGPT went live, marking the start of the AI boom that has reshaped entire industries and mindsets. From that point on, we can see a massive divergence, the kind we’ve never seen before. While job openings have kept declining steadily, the market has rallied like never before. This is not logical from a historical point of view. 🤖 Is AI Replacing Workers? One possible explanation is that the market sees AI as a reason for optimism: “If companies can do more with less labor, that means higher margins and better efficiency.” So, fewer job openings might not scare investors anymore, it could even be seen as a sign of progress. But that raises two key questions: Is AI really replacing workers ? If so, what happens to the broader economy and ? 📊 What the Data Says So Far Surprisingly, unemployment in the U.S. has increased only slightly since AI went mainstream. It’s a slow, healthy rise not a surge. So i t doesn’t seem like AI is replacing workers at scale just yet. That’s good news in one sense, if unemployment remains low, consumer demand stays healthy, and the economy keeps running. However, it also means that companies’ fixed costs haven’t really improved, and their productivity gains from AI are still very moderate , far from the exponential growth that the market seems to be pricing in. 💡 My current View From my perspective, this chart makes one thing very clear. The benefits of AI , as of today, are still much smaller than what the market is assuming. Yes, AI will improve margins and efficiency over time. But if everyone implements it, competition will eventually push prices down again, and margins with them. The very same than internet with the online sales. The real challenge won’t be for companies that adopt AI, but for those that don’t adapt fast enough , or for those that overspend on AI tools that fail to deliver meaningful returns. ☄️Some AI Stocks Are Starting to Show Doubt Several major AI-related stocks are also showing concerning patterns . We don’t have confirmation yet , but it’s time to stay alert and be prepared in case the market starts breaking key support levels among the main players. And the main index, S&P 500 is still in the bull zone but are key levels to watch closely: 🤔 What Do You Think? Is AI truly transforming company performance as fast as investors believe? Or are we witnessing a global over-excitement where expectations are running far ahead of reality?

⚠️ Bitcoin Loses $108K Support, The First Major Breakdown of the Cycle. Bitcoin has lost the $108K support zone, breaking through not only a key horizontal level but also both trendlines that defined this cycle’s uptrend. As many seasoned traders anticipated , we’ve now reached the 18-month mark after the halving, historically, the point where bullish cycles tend to fade . This breakdown is therefore a first major warning that we may be entering a broader bearish phase. 🔍 False Breakout or Real Trend Shift? Could this be a fakeout? It’s always possible. But one key detail stands out: The volatility during this drop has been remarkably low. That’s not typical of a stop-hunt or manipulation-driven sell-off, it’s more consistent with a gradual trend reversal where buying pressure quietly fades away. So far, the structure suggests a slow distribution phase , not panic selling. And that are bad news for $BITSTAMP:BTCUSD. 📊 What to Watch Next And Some Good News Price is currently hovering near the $100K zone, which could act as a temporary balance area, a place where Bitcoin might consolidate before making its next move. A good place to play the range and make money. Remember that Bitcoin is moving in clear ranges as demonstrated here: If this level fails to hold, the next significant supports are around $93K and $81K, both of which align with historical volume nodes and the previous explanation. Another way to see where the ecosystem stands now is by watching stocks like MSTR or COIN , which are highly correlated with BTC. In both cases, key supports are still holding, but there’s significant downside risk if those levels fail. 🧭 Strategy Outlook This is not a comfortable time to be long on BTCUSD or crypto in general. The risk/reward ratio for bullish positions has deteriorated sharply, and confirmation of any recovery would require reclaiming $108K with solid volume. Until then, staying cautious, hedged, or shorting the resistances might be the wisest move. 💬 Markets don’t crash all at once, they turn slowly, then suddenly. This could be one of those moments where early observation makes all the difference.

Bitcoin has been stuck in a sideways range since July 2025, holding a strong support around $108K and facing tough resistance near $124K. To make things more interesting, the uptrend that started back in 2022 is now converging right at that same support area around $108K, and just a few days ago, we highlighted the potential buy opportunity this could represent. ✅ That opportunity has already delivered +12% gains in just a few days, with very limited risk. https://www.tradingview.com/chart/BTCUSD/CxiJcXah-Massive-Signal-on-Bitcoin-The-next-movement-explained/ If Bitcoin breaks above $124K , we should look toward the next resistance zones, currently around $142K and $163K . These aren’t random levels; they align perfectly with the long-term pattern Bitcoin has been forming for years, where support and resistance appear roughly every +14% move. You can see all these levels clearly marked on the attached chart, and you’ll notice how consistently they’ve held. ⚠️ However, as I’ve been warning for months, a breakdown below $108K would be a major red flag for the bullish trend. Returning to a previous accumulation zone is one of the strongest bearish signals, which could lead, at best, to months of sideways movement, or more typically, to a sharp correction that would still fit neatly within Bitcoin’s historical cycles.

Bitcoin has been moving within a very aggressive uptrend , guided by two clear blue trendlines on the chart. These lines are currently defining the rhythm of the rally, and as long as they hold, the bullish momentum remains intact . However, a break below them would signal that the strong uptrend is over , opening the door to a more sideways or even bearish market. But there's MUCH more! Another reason to think we may be approaching the end of this rally is how price has been moving in 15% ranges. If we look at support and resistance zones, there is something surprising in BTC. Can you see what I mean? I'm speaking about the colored lines of the published chart. These colored bands act like “steps”, and BTCUSD has historically respected them very well. Look at the previous downtrend. Notice how they align almost perfectly with the white support and resistance zones. The black zones represent intermediate levels between these ranges. Right now, price is about to re-enter a previous range , which usually indicates buyer weakness. In strong trends, price tends to move into new ranges rather than fall back into old ones. I’ll share more examples to show that whenever Bitcoin revisits older zones, it’s rarely a bullish signal. On top of that, if we compare with Bitcoin’s past halving cycles, studies suggest the current cycle could be nearing its end around September–October this year. This isn’t a mathematical rule, but it’s a clear alert that Bitcoin may already have gone far enough. I spoke about this time frame in July: The key level to watch is $108,000 . As long as it holds, the trend is still bullish. But losing this level would mean more than just breaking support: It would put price back into a previous range. It would break both blue uptrend lines. It would be aligned with the timing of previous BTC cycles. Finally, there’s a macro factor that nobody seems to be looking at. Bitcoin’s rally started in October 2023 , exactly when interest rates stopped rising and inflation was brought under control worldwide. Now, the environment is the opposite : rates have already been cut, Europe has signaled it won’t go below 2%, and the U.S. market is pricing in several future rate cuts . But it’s far from certain that the Fed will deliver the aggressive cuts the market expects. Unless the Fed surprises with deeper cuts, there doesn’t seem to be much fuel left to keep this Bitcoin rally going. 👉 I remain bullish above $108,000 , but losing that level would be a major red flag for Bitcoin’s trend.Isn't technical analysis beautiful? The price bounced once again in the expected price to the expected target. Let's see if we move forward to the next resistance or the price attacks the bull trend. Stay tuned! :D

Bitcoin’s Next Bull Move Bitcoin is once again showing signs of strength, and the current setup offers a fascinating opportunity for traders. If the price manages to break above the $116,900 level, there’s a strong technical case for a quick move toward the $119,000–$120,000 area, possibly within hours, or just a few days. So why is this level so important? Let’s break it down step by step: 1. The Bull Flag in Action Bitcoin is forming a bull flag, a classic continuation pattern that often appears after strong upward moves. The idea behind the bull flag is simple: price consolidates in a controlled pullback, only to resume its rally once the consolidation breaks. Looking at the chart, you’ll notice that Bitcoin has respected these patterns several times in the past. If this current flag breaks to the upside, it naturally projects a target right around $119,000–$120,000, the next logical step in the ongoing bull trend. 2. Confirmation From a Head & Shoulders Breakout What makes this setup even more compelling is that it aligns with a recently confirmed inverse head and shoulders pattern. The breakout from that formation points to the very same price levels—the $119k to $120k zone. This convergence of signals adds weight to the bullish scenario. Even more exciting! The measured move aligns perfectly with the 100% Fibonacci extension, reinforcing the probability of price reaching those targets. 3. Volume Profile: Why $120k Matters The Volume Range Visible Profile (VRVP) shows that the $116k–$120k region is a high-volume area. This means many positions have historically been taken here, which makes it both a magnet for price action and a tough level to break cleanly. Above $120,000, things get more complicated, resistance builds, and momentum could slow down. But at the same time, it wouldn’t be surprising to see Bitcoin gravitate toward the next liquidity pocket around $124,000 if momentum remains strong. 4. Why This Moment Matters Patterns repeat, and Bitcoin has a history of rewarding those who recognize them early . The current alignment of: A bull flag setup, A confirmed inverse head & shoulders The 100% Fibonacci projection, and A high-volume VRVP zone creates a rare technical harmony that makes this move worth watching closely. If Bitcoin breaks above $116,900 with conviction, the probability of a swift rally toward $119k–$120k becomes very high. From there, traders will be watching carefully how price reacts at the $120k threshold, because that’s where the next big battle begins.

The 5+1 Fears Every Investor Faces And How To Overcome them Trading isn’t just about charts and numbers, it’s about handling emotions. I would love to read about your fears in trading and how you are overcoming them. I choose the 5 most common fears, some affected me a lot in the past and others not that much, but I know are all very common in the Traders community. #1 Fear of Losing Money The obvious one. Every loss used to feel like failure . I’d hold trades too long, hoping they’d turn around while loses kept accumulating in the trade. This is essential, is like understanding that the most important thing when you drive is avoiding a collision! If you have a big accident, you are out. The game is over. Trading is the same, a big accident means you are out. Your account is wiped and you can’t do anything to reverse tha t. To stay alive in the market , I learned to risk small (1–2% max), diversify across sectors, countries, tight stops, steady take profits and different trade directions. That way, even if I lose, I can move on without blowing up my account. This is an example: Today, If I do a Montecarlo simulation into my account the risk of losing a 25% is under 0,1%. You can learn how to do so in my profile newsletter. #2 Fear of Missing Out (FOMO) I used to chase breakouts just because everyone else was already in , usually at the worst possible price, on the worst possible day. Now, if I miss the move, I simply let it go. I remind myself there are countless stocks, currencies, metals, and cryptos out there waiting for me. Why waste money on expired opportunities? My rule is simple: it’s always better to miss a trade that’s already gone than to miss the next one that’s just around the corner. So I keep searching. #3 Fear of Being Wrong This is my favorite ! Once I understood that t rading is about balancing wins and losses in a healthy way, everything changed. Mistakes stopped feeling like failures and started to look like what they really are, necessary steps forward, even if you can’t see it in the moment. For me, it’s just like sports : no basketball team wins a game without the rival scoring points. No football team wins a championship without losing some matches. No tennis player wins every single point. So yes, you must make mistakes . They’re simply part of the process . The key is not to let them wipe out your account and trigger Fear #1. #4 Fear of Overtrading / Freezing This is an unknown fear for most traders. But must be a big one for you all. If you trade so often, you are probably entering at tons of unnecessary trades which are undermining your returns, but if you never decide to trade you are missing big opportunities. So having clear entry and exit reasons helped me a lot to hold a reasonable investment rithm. #5 Fear of the next big crisis The market is rallying … and that little voice kicks in: What if I’m the one who doesn’t see the crash coming? What if I get stuck in a bear market for years? Are we heading toward a crisis worse than 2009, or even 1929? Trust me, that fear is more common than you think . You are not alone!! In my case, trading short-term has given me the freedom to hold long-term positions without hesitation. In fact, I actually get excited when markets decline , it means I can move more money into long-term opportunities. Right now, most of my portfolio is in short-term trades, some of which I’ve already shared with you here. The results? They’re fully transparent and published on my website (coming soon). An example of short term trade even though knowing it was a super good long term entry. #6 The Bonus: Fear of Success Yes, this one is wild. I was two years knowing exactly how to make money in the market , but somehow, I couldn’t succeed. I kept sabotaging myself and my investments by doing stupid things outside my strategy. You need to believe in yourself, and stay cold as ice. Avoid news, avoid gurus. You vs the market! Follow your rules, and review them regularly. If a rule isn’t adding value, feel free to tweak or remove it, but never change nor break your rules in the middle of a trading day. Day after day, you’ll start to realize that yes, it is possible to earn money in the market. Gradually, your confidence grows, and eventually, it feels effortless, like riding a bike on a sunny day. Pure joy. Final Thoughts Fear doesn’t disappear, but you can manage it. Taking small risks, following clear rules, and accepting that you’ll never catch every market move may sound obvious, but they’re far from common among traders.

Playing the Short-Term Setups with Clear Risk/Reward Is BTC going to rally or are we living the end of a cycle? Would love to read your opinion in comments :) I’ve mentioned before how crucial the $107k level is in the bigger picture, and I still stand by it. https://www.tradingview.com/chart/BTC.D/zkoCqnYQ-The-Bitcoin-cycle-is-over/ It’s a major support zone and losing it could open the door for deeper corrections, as stated in the previous idea. But as traders, we don’t need to predict the future months ahead. What makes me smile is finding clear, short-term opportunities with solid margins. Right now, price is testing a local resistance. 🚀 If we get a clean breakout, I’m looking to go long , aiming for about +5.5% upside with just 1.5% risk (stop loss). That’s the kind of asymmetric setup I love. 📉 On the flip side, if Bitcoin slips below $107k, instead of panicking, I’ll look for the fast and easy short trade. The idea is to capture a quick 5% downside move with again a tight 1.5% stop loss , knowing that volatility and rebounds in these zones make hard to hold a long term bearish position. 👉 I’m not here to predict the “final direction” for the long term. I like to focus on trading with safety, confidence, and wide profit margins in the short term. That’s where my consistency is built.The breakout was aggressive. I’ve closed 50% of the position with a +2% gain, leaving the other 50% to either reach a +5.5% target or hit the stop loss at +1.4%. In other words, I’m in a risk-free trade now. In one case, I will do 2% + 5,5% (avg almost 4%) or 2% - 1,4% (averaging +0,3%).