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(BTCUSDT 1M chart)
There is now one day left until a new candle is created.
The current StochRSI indicator is rising below the midpoint (50).
We need to check what the StochRSI indicator will look like when a new candle is created.
I have marked three sections as important support and resistance sections on the 1M chart.
If it falls below the second section, it is likely to turn into a downtrend, and the strong support section at this time is the third section.
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(1W chart)
The next volatility period is the week around October 7th.
So, September 30th - October 13th.
The important sections on the 1W chart are 69648.14, 65920.71, 61099.25, and the M-Signal on the 1M chart.
The StochRSI indicator has risen above the midpoint (50).
Therefore, it is necessary to check whether it will enter the overbought zone when a new candle is created.
Since the BW line is currently formed at 69648.14, it is important to check whether there is support near this point.
If it goes up a bit more, there is a possibility that a new BW line will be created, so if a new BW line is created, we need to check whether there is support near it.
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(1D chart)
Among the volatility periods mentioned in the 1W chart, it is expected that full-blown volatility will likely occur between October 5th and 10th.
What is important to watch as this volatility period passes is whether it can fall below 56150.01 or rise above 66676.87-68249.88.
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It is currently located near the HA-High indicator on the 1W chart.
As I mentioned in the previous idea as an update, the StochRSI EMA indicator has never touched the 100 point.
Therefore, there is a very high possibility that the StochRSI indicator will be reset somehow.
Therefore, it is an important point to watch how the StochRSI indicator is initialized.
Since it is overheated, even if it shows a slight decline, the StochRSI indicator shows a downward trend.
In this movement, buying because the price is rising will make your psychological state unstable.
Therefore, it is necessary to check whether it can be supported at the lower point of the HA-HIgh indicator box (65441.08) ~ 65920.71.
If it falls without support,
1st: 64179.08
2nd: 61099.25
You should check whether it is supported at the 1st and 2nd points above.
When the StochRSI indicator falls in the overbought zone, there are cases where it immediately shows a downward trend and cases where it does not.
Currently, it seems that volatility is likely to occur when the StochRSI indicator is located near the midpoint (50).
At this time, I think it is important to know where it is supported.
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If it rises above 65920.71,
1st: 67614.25
2nd: 69648.14
We need to check whether it is supported near the 1st and 2nd above.
However, depending on whether the StochRSI indicator is initialized, there is a possibility that the upward trend will continue while creating a new wave, so we need to watch the situation.
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale upward trend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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1-BTC
BTC Lucky Number 7 !!! Get Ready for the Bull RUN!! But first...Lucky Number 7 !!!!!! Get Ready for the Bull-RUN!!! But first...
First of all, I want to clarify that all the checkmarks checked off are the predictions we have been making over all these months. Each checkmark is confirmation that the price behavior followed the analysis we conducted.
In this case, the breakout of point #7 was fulfilled, and this is the breakout I had been waiting for around July-August (point #3). But before we proceed, I want to clarify that for me, a valid breakout means the candle and wick are completely outside the resistance line! So, indeed, for me, this is a legitimate breakout.
BUT BEFORE THIS HAPPENS, WE HAVE TO SEE A SUPER IMPORTANT MOVE!!!!!
Within the N3 pattern, whenever there is a breakout, it is always followed by a new high, and then the price makes its natural pullback. We will look for the price to touch the new support level, rebound, and aim for a new high.
This is my N3 pattern, which I always look for after confirming a breakout.
So, let’s wait a few days to allow Bitcoin to rise as much as it needs to, make its natural pullback, and then buckle up because we’re about to see a strong bullish run.
Thanks for supporting my analysis.
Good luck!
-mike
Bitcoin: 70K Objective Within Range.Bitcoin has pushed beyond the 64K resistance but is now hesitating with the appearance of an inside bar. If the high of the inside bar is cleared, that would be a momentum continuation signal which can see price push into the 67 to 69K resistance. If the low of the inside bar is cleared, a retrace can unfold which can take price back into the 63 to 64K area (old resistance/new support). The key to navigating this is WAITING for confirmation and having your parameters and expectations predefined. Reacting to market events is typical retail behavior most often a mistake.
The illustration on my chart shows the scenario that I am anticipating over the coming week. (See my previous articles to see these play out). While there is NO way to know if price will follow this path, IF price action confirms, this scenario has a greater probability. I am able to identify these opportunities from carefully evaluating TREND and SUPPORT/RESISTANCE levels. I am simply FOLLOWING what the market is implying through price. I don't have to get overwhelmed with "fundamentals", and "news" and other propaganda because price factors in ALL the known information in the world in a given moment (Efficient Markets). If you understand this concept, it then becomes much easier to recognize opportunities and most importantly measure the associated RISK.
The arrow on my chart points to a predetermined price area (63 to 64K) to watch for If reached. This would be the lowest risk/highest probability point if confirmation appears. Ideal for swing trades especially where reward/risk can reasonably be 2:1 or greater. The reward/risk component depends on how you define risk at the time of the signal (this is what I use Trade Scanner Pro for). You can also use the next support level or candle stick low which is better than nothing.
What is also compelling about this situation is the changing interest rate environment. While the change will not have an instant to the moon effect, it will offer a more supportive environment over time. This will be ESPECIALLY important during pullbacks when support levels are tested. This charge also calls for a closer look at low priced small caps/alt coins because they are poised to benefit from the increasing money supply resulting from lower rates. NOW is the time to be looking to invest, NOT at all time highs. I will be talking more about this soon as well.
How you use this information will mostly depend on your decision making structure. A seemingly more bullish environment does not guarantee trades/investments will work out. Although it does provide for a more forgiving market. Know your RISK before you enter any type of position and this can be defined by using information straight from your chart. For example if Bitcoin confirms a long at 64K, I automatically know risk on this time frame can be at least 1 to 2K points. From there, a profit objective and sizing regime can be worked out. If you are not this organized, do NOT risk real money until you have some kind of management or decision making structure in place.
Thank you for considering my analysis and perspective.
GRT New Bullish Impulse StartedGRT has had two significant bullish impulses over the last two years. With price action picking up again over the last two weeks, I'm betting that we're seeing the start of the third GRT impulse.
Note the bottom dotted support line. This has held for the last two years, and is likely to do so for the time being.
I'm looking for a move towards 1$. Stop below the recent swing low.
Bitcoin coming down or continuation? Levels to watch!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Still in from 57775
Lost entry from 52752 to human error.
Levels of interest (LOIs) ⏰
70k: next pivot.
64.5k: Bulls want up away or a flip!
Break below, possible resist.
62.6k: Break kills 3rd 1,2. Larger corrective?
57757: Break = bulls 🫣
Trade Safe.
Trade Clarity.
4-Hour Chart Analysis: Bitcoin at a Critical PointAlright ladies and gentlemen, we're looking at the 4-hour chart for Bitcoin. You can see in this highlighted red box that Bitcoin is in a tight spot. This is a make-or-break moment. Bitcoin needs to break above that green trendline to head to the moon, or it risks getting rejected and heading down. Right now, you should keep a close eye on the 4-hour chart to see which direction Bitcoin takes. It's not looking great, as Bitcoin has been overextended for the past few days, staying longer than expected. This moment will decide if we're all getting Lambos or heading down the tubes. Stay tuned, and don't forget to hit that like button! If you have any questions, leave a comment below. Have a great day!
Previously mentioned channel on daily chartHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
BTC is heading to test the channel's high and let's see if there's any rejection.
If things still looks bullish, it might break this channel leading to a breakup to likely more upside.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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BTC Important Weekly Close - Breakout to 80k upcoming week?In this video, I analyze the current Bitcoin market structure with a focus on the bullish trend forming on the weekly chart. I discuss the importance of the upcoming weekly close and explain why it plays a critical role in determining Bitcoin's future direction.
You'll get insights into the key levels to watch and how this close could impact the overall market trend. Enjoy the analysis!
HelenP. I Bitcoin can rebound up from support zone to $67KHi folks today I'm prepared for you Bitcoin analytics. Some days ago, the price rose to support 1, which coincided with the support zone, broke it, and even rose a little more. But soon it turned around and started to decline inside the downward channel, where it broke support 1 again and fell to support 2. Soon, BTC broke this level too and dropped to the trend line, after which turned around and started to move up near the trend line, exiting from the downward channel. Price quickly rose to support 2, broke it, and even rose a little higher after this, but later BTC made a correction movement below the trend line. After this movement, the price rose higher than the trend line and continued to move up to support 1. When BTC reached this level, it broke it and some time traded in the support zone, until it broke the trend line one more time. A few moments ago BTC bounced up to this line and at the moment trades very close to the trend line. In my mind, BTCUSDT will correct to the support zone and then rebound up to the trend line. Then it can break this line and continue to move up, therefore I set my goal at 67000 points. If you like my analytics you may support me with your like/comment ❤️
BITCOIN - Price can turn around and start to decline to $63000Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some time ago, price entered to wedge, where at once bounced from resistance line and fell to support line.
Also, BTC broke $58200 level, but later price bounced from support line, reached this level, and broke it again.
Then it made retest and continued to move up to $63400 level, which coincided with support area.
When Bitcoin reached this level, it made a gap and then a long time traded near $63400 level, trying to break it.
Recently, price broke this level and rose to resistance line of wedge, where at the moment continued to trades near.
Possibly, BTC can rise a little higher than resistance line and then bounce down to $63000, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
9/28 Huge trend reversal. Bullish on crypto. Overview:
Both the AMEX:SPY and NASDAQ:QQQ closed with red candles, yet neither index dropped below the previous day's low. This, coupled with low trading volume, suggests the current price levels may hold for a while. Both indices display bearish divergences on the MACD histogram and lines, signaling potential weakness.
The Federal Reserve reported August’s core PCE at 2.7% y-o-y, aligning with expectations and slightly up from July's 2.6%. Speculation surrounds whether rate cuts are fueling inflation, though typically, it takes months for such measures to impact the economy. Next year’s CPI and PPI readings will be crucial.
ETF funds have been on a buying spree for seven consecutive days, with September 27th seeing record-high volumes—five times the average.
Bitcoin Technical Analysis:
W: BINANCE:BTCUSD remains above the Bollinger Bands’ MA, in line with the yearly bull-run volume point of control. After two months of bearish sentiment, signs of a trend reversal are emerging. Resistance is at $67.5k. Bullish.
D: BTC broke above $64 k on Thursday and has held above this key level. However, RSI is now at 66.57, approaching overbought territory.
4h: RSI is overbought at 73.28, showing a double peak. MACD’s bearish crossover suggests a pullback to support levels at $65.2k or $64.4k. We expect either a pullback or sideways trading, allowing the MA to catch up. Bearish to neutral.
1h: The lower timeframes indicate BTC is undergoing a correction phase. Neutral.
Altcoins Relative to BTC:
No major divergences are observed. Unlike BTC, ETH and SOL have yet to reach their previous August 25th highs. Newer alts like SUI, TAO, and NEAR have surpassed their highs, showing strong performance.
Bullish Scenario:
With BTC holding above GETTEX:64K on the weekly chart, a bullish outlook is more plausible. Global rate cuts may inject liquidity into speculative assets, boosting crypto prices.
Bearish Scenario:
There’s a risk that the current rally is a bull trap, with a potential sharp reversal.
Fear and Greed Index:
The index is at 56.67, nearing the “greedy” zone, indicating growing optimism.
Prediction:
BTC may correct to $64 k before resuming its rally, with the next target being $67k.
Opportunities:
Bearish: BNB is at monthly resistance, with MACD bearish divergence. NEAR, RNDR, TAO, FTM, and UNI have hit weekly resistance levels, suggesting potential trend reversals. FTM and UNI still haven’t completed their corrections, and MACD divergences may appear over the weekend.
Bullish: AR has rebounded from its weekly support level, indicating a strong recovery.
Was Bitcoin Growth Fake?Bitcoin is now correcting after breaking the important resistance of 65,000 and as long as it can hold at 62,000 and 59,000 there is no need to worry.
Therefore, we can hope for a green tomorrow for the cryptocurrency market, but in any case, it is better to be careful and take small and safe steps.
Bitcoin (btcusdt) → Two Key Scenarios After Wedge Breakouthello guys.
Bitcoin has broken out of a descending wedge, signaling potential bullish momentum. The price is hovering near the $66,500-$67,000 resistance, with two possible scenarios:
Scenario 1: Immediate Breakout
Target: $75,000-$76,000
Path: A clean break above $67,000 could trigger a strong rally toward the $75,000-$76,000 zone, continuing the bullish momentum from the wedge breakout.
Scenario 2: Pullback Before Rally
Target: $58,000 (correction) → $75,000 (rebound)
Path: If Bitcoin fails to break $67,000, a pullback to $58,000 is likely. This could act as a support base, after which a rebound might drive the price back toward the $75,000 target.
Both scenarios are bullish, with the primary difference being whether Bitcoin rallies immediately or after a corrective dip.
___________________________
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BTC/USDT 1DAY CHART UPDATE !
The white diagonal lines mark a clear downward resistance that Bitcoin has been respecting multiple times, indicated by the red circles. The price is again approaching this level, signaling a possible breakout attempt.
The red line seems to be a moving average (possibly the 50-day), and it has been following the price action closely, potentially acting as dynamic support during upward moves.
The green price path suggests a possible breakout from the current consolidation pattern. If Bitcoin can break the resistance and hold above, it might follow the projected path toward new highs, potentially around $78,000 based on the chart's projection.
The yellow circles highlight previous rejection points, and the price is again near this level. If the pattern repeats, Bitcoin could face resistance around the $68,000 zone before continuing higher.
Bitcoin is trading at $65,995.15 at the time of this chart, showing some bullish momentum.
This chart suggests a possible bullish breakout scenario. Would you like insights on key indicators to confirm the breakout?
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
BTC breaks above 65,000On the back of a larger than expected FED rate cut of .50 risk assets breathe a sigh of relief long held in since the rate cut rumors of Q2 2024. The gains were cemented by a cooler than expected PCE of .1% as opposed to the expected .2% this is the FED’s preferred measure of inflation putting some level of ease to risk asset investor that the FED may turn face on the easing of monetary policies. If this continues a fear people have a of 70’s style inflation issue will be put to rest. China also joined the party will an AGGRESSIVE stimulus packages direct to the people and promises to do more if need be. They also encouraged stock buy backs, if you know anything about the investment market in China the options for quality investment are very limited as the Real Estate market was the main choice but since the Evergrande collapse Chinese investor have had little to no choice. This makes a scenario for crypto investment as an alternative to stocks but the CCP obviously like control so we will if that plays out.
How this affect Crypto bros the short of it is when global liquidity goes up so do assets especially when people get cash in hand example 2020-2021 when everyone and their dog was investing. Now while stimulus direct to consumers is like throwing gas on the fire the FED rate cuts are like throwing a log on embers. The rate cuts take about a year to affect the general economy but the immediate effect is bank to bank loan rate i.e it’s cheaper to take on debt. Now with the rise of NASDAQ:MSTR strategy with other companies this will make it cheaper for companies to take on debt so companies like Metaplanet and other yet to disclose will find the “BTC Yield” more significant to offset loan cost. And lastly all risk assets benefit from low rate environments.
In sum NFA but I would buy CRYPTOCAP:BTC as always and load up on alts while BTC out perform my mix ideally 75% BTC 15% alts and 10% cash for dippy dips
Bitcoin's Final Push: Eyeing $67,700 Before Potential ReversalAlright everyone, let's dive into the chart. Bitcoin has pushed up and reached a resistance level at $66,225.00. Currently, it appears overextended, suggesting a potential reversal is on the horizon. However, I believe Bitcoin might have one more push up to the strong resistance level at $67,700.00. From that point, we could see a pullback, but for now, the charts indicate that BTC has one final small push left. Let's watch closely and see if it reaches that $67,700.00 resistance. And remember, if it breaks through that last resistance level, get ready for Lambo!
StochRSI EMA has never touched 100Hello, traders.
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Looking at past movements, there were cases where the current movement was shown near the peak of the uptrend.
In any case, when the StochRSI EMA rose to around 99 or above and then started to fall, the StochRSI indicator was reset after the additional rise occurred in most cases.
There were two cases where the StochRSI indicator did not reset after rising to the overbought zone and then rose to the overbought zone again.
In other words, if the StochRSI indicator did not reset and touched the overbought zone twice, you can see that the reset has mostly occurred.
If the current decline continues, it is likely to fall because it will become a double top.
The reason why it is so obsessed with this is because the StochRSI EMA has never touched the highest point (100) so far.
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Therefore, looking at the current position, the important support and resistance zone is the 65920.71-67614.25 zone, so it is expected that the StochRSI indicator will be reset as it receives resistance and falls in this zone.
At this time, it is expected that the support near the 63118.62-64000.0 zone will be the key.
This is because the M-Signal indicator on the 1D and 1W charts is expected to rise to this area.
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If it falls further, the 60672.0-61099.25 zone is expected to be a strong support zone.
The 61099.25 point is the HA-High indicator point on the 1M chart, so it is important to check whether it is supported.
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The next important support and resistance area is around the M-Signal indicator on the 1M chart.
Currently, the M-Signal indicator on the 1M chart is rising around 52.1K.
Therefore, if there is a movement as I mentioned earlier, the M-Signal indicator on the 1M chart is expected to rise around 56K.
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There are fewer cases of a sharp downtrend immediately following a strong overheating of StochRSI than expected.
Therefore, it is expected that there will be time to respond depending on whether there is support around the area I mentioned above.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin after rising above 29K.
The area expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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MSTR Call Options I think this is a perfect opportunity for MSTR Calls.
Bitcoin is quiet, at a local minimum, everyone is desperate. The bottom may not be in but it's definitely close.
Options are problematic because of timing. I rarely use them but in this case I believe that the benefits far outweigh the risks.
I bought some options on friday but I'm getting some more options with 1-2 months until expiration.
BTCUSD: $69000 for the next Channel Up High.Bitcoin is on excellent bullish levels on its 1D technical outlook (RSI = 66.493, MACD = 1450.700, ADX = 46.244) as it is extending a Channel Up since the Sep 6th low. The 4H MA50 has supported three times with the latest being just yesterday (Sep 26th). The two before initiated bullish waves of +9.06% and +11.39%. For as long as the 4H MA50 supports, we expect this Channel Up to test the top of the six month Channel Down (TP = 69,000).
See how our prior idea has worked out:
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BITCOIN ULTIMATE PARABOLIC CURVE CHART | Insane $181,267 Target!🟢 Hello, fellow traders! I’m excited to share an update on Bitcoin price prediction and the potential implications of the Parabolic Curve pattern we witnessing at the moment!
Today, let’s dive into the Parabolic Curve as Bitcoin approached the end point of Base 4. Understanding this pattern can help us evaluate future trading opportunities.
The Parabolic Curve often surfaces near the culmination of major market surges, marking the end result of multiple base formation breaks. This pattern is typically seen in growth assets with innovative technology or visionary leadership — Bitcoin is a prime example.
Last year, at the pivotal point of Base 3 , indicated by the "X" on the chart at $25,700 , Bitcoin doubled in a remarkably short timeframe.
The hallmark of this pattern was its staircase-like formation, where the price created short-term bases before catapulting to new highs, repeating this cycle multiple times during its ascent.
In my analysis using Fibonacci tools and Elliott Waves , I've observed that:
Base 4 in the range between the $72,759 resistance and $55,257 support , with lowest spike at $49,000 .
The anticipated sell zone for the parabolic move was positioned between $149,175 and $181,267 .
This parabolic curve, reminiscent of a rocket's trajectory, has demonstrated significant persistence. However, as we saw, caution is a key as this pattern near completion; rapid upward momentum can conclude abruptly, resulting in price declines that outpace previous gains.
What are your thoughts on Bitcoin's recent movements? Did you spot the Parabolic Curve unfolding as anticipated? Share your insights in the comments below — I’d love to hear your perspective!
Your support means the world to me, so if you found this analysis valuable, please smash that like button and follow for more insights!
BTC Daily UpdatedBTC on the daily is holding above the 150 simple moving average and continues to check it for support. BTC is also following a rising trend. RSI held above the 14 ma. I expect more bullish action from these indications.
Not financial advice
Do your own DD.
Thanks for looking at the idea.