1-BTC
Bitcoin: Thoughts and Analysis Pattern – HL building?
Support – 63,860, 60,675
Resistance – 66,710
Hi, traders. Thanks for tuning in for today's update. Today, we are looking at BTC on its daily chart.
Today, we have broken down the current PA we are watching on BTCUSD.
Two things have presented themselves to us. Could we have a new HL forming after yesterday's fightback? Could this then set off a new leg higher to test the top of the range?
Or two, could this be a false point of support, and will we see sellers make a new move at testing lower-range support?
Good trading.
Bitcoin TA - Upside Zones, Downside DCA Zones, Key LevelsWelcome to my Bitcoin TA where I go thru just the chart from a high level looking for areas of trading opportunities. The foundation of this whole video comes down to this:
I'm of the opinion Bitcoin will get above 100K.
So I'm doing TA on where to put my entry zones. - 1st Entry hit at 59,872
I'm out of all swings and also looking for swing entry zones.
I've shared this chart with all drawings organized in folders and such. I keep this updated and will share on future updates. This covers all VCs, significant levels, anchored vWAPs, key pivots, and more, all organized in the object tree:
www.tradingview.com
Here's what we cover in the video...
If Day RDA holds
The first thing we cover is if the current test of the Daily RDA holds what the upside trade looks like.
I identify the upside zones and key levels that I would watch and trade around.
The RDA ( RexDog Average with ATR ) is a bias and reaction zone indicator found here on TV, usage in description.
Pull Back Scenarios and DCA areas
RDA Week Projection Print - We cover the upside print of the week projection of if the all-time high is broke where we can expect the market to hit.
Immediate market view - I also dive into the immediate Market View using the 30 minute time frame, which I call the structure time frame. the key element there is that we are right at the mid control for the day.
Bias and Momentum - from here we cover buy us a momentum from a daily and weekly time frame.
Current Value Channel - we also talk about the key levels of the current value channel that BTC is trading within.
Anchored vWAPs - I also dive into anchored V waps from significant highs and significant lows. one of the major things that came about in this analysis was we are in a fight between the most recent significant high and low anchored vWAP. those levels couldn't be any more clear
RSI Signal Zones - we also dive into the RSI signals and the triangle pattern. currently waiting for a green triangle to complete the triangle pattern otherwise it looks like based on the RSI we could see more downside.
Best Crypto Trading Timeframe - I also share the single best time frame to trade crypto on especially for swing and long-term trades.
04/21/2024 - News, Stocks, Commodities, Crypto - Video IdeaNews, Stocks, Indexes, ETFs, Commodities, Bitcoin, Crypto TA Charts by @NoFomoCharts
00:22 Part 1 - News and Watchlist
03:32 Part 2 - Stock Indexes, Metals, Commodities
10:58 Part 3 - Crypto market, Bitcoin, Altcoins
Watchlist, SPY, QQQ, DIA, IWM, GLD, SLV, USO.
TOTAL, Bitcoin (BTC/USD), Halving History, ETH/usdt, BNB/usdt, SOL/usdt, ADA/usdt.
04/21/2024, 09:00PM EST Video Idea.
Technical Analysis & Educational Chart Videos.
Follow, Comment, Boost, or Cheer to support. Thank you!
All content is Not financial advice.
BRIEFING Week #16 : Volatility peak & Value RotationHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
Bitcoin hit our target - NEW planBitcoin hit our target - NEW plan
Yesterday we traded fake-out my long entry was at $67 752
Main reason why we took a long trade is the Paranormal volume and big delta
I think price can make local SL hunts
Globally price should break out of value for clear trend direction
BTC (Bitcoin) Technical Analysis and Trade Idea Upon analyzing Bitcoin (BTC), we observe a persistent downtrend. Notably, the price has recently entered a crucial support zone and experienced a retracement, potentially presenting a sell opportunity.
In our video, we delve into various aspects of technical analysis, including trends, price action, and market structure. It is essential to emphasize that the content provided is solely my opinion for educational purposes. It should not be interpreted as financial advice. Trading inherently carries risks, and prudent risk management practices are paramount.
BTC Elliot Wave 3-4 : CORRECTION Before HALVING📉Hi Traders, Investors and Speculators of Charts📈
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action.
Here we'll take a look at how the previous bullish cycle played out. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern.
Find HERE the method I used to call the bullish cycle early:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:BTCUSDT COINBASE:BTCUSD BITSTAMP:BTCUSD KUCOIN:BTCUSDT
Bitcoin: is price set to get cheaper or.....?Today's focus: BTCUSD
Pattern – Range, seller test.
Support – 62,000 area
Resistance – 73,000 area
Hi, traders; thanks for tuning in for today's update. Today, we are looking at BTC on the daily.
With sellers continuing to check buyers, it continues to look like we could see a new move at support. But for now, buyers continue to hold firm from around the 62,000 area.
We have run over a few scenarios. Could we see a move-through support to test the next lower Fibb point? Or will we see support contnue to hold the current range pattern?
Good trading.
04/14/2024 - Bitcoin & Crypto - Video IdeaBitcoin & Crypto market video idea by @NoFomoCharts
BTC/usd, TOTAL, ETH/usdt, BNB/usdt, SOL/usdt.
04/14/2024, 09:15PM EST Video Idea.
Technical Analysis & Educational Chart Videos.
Follow, Comment, Boost, or Cheer to support. Thank you!
All content is Not financial advice.
BRIEFING Week #15 : Volatility hitting hardHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
BTC Bitcoin Technical Analysis and Trade IdeaExamining Bitcoin (BTC), this analysis identifies a potential short-term long trade. We'll be deconstructing the current price trend, meticulously evaluating recent price action, gauging market forces, and targeting a potential entry point aligned with favorable technical indicators (further details provided in the video). However, I cannot emphasize enough the importance of robust risk management practices. By its very nature, this video is for educational purposes only and should not be interpreted as financial advice.