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1-BTCUSD

Short-Term Bearish Setup with Potential Entry PointsBitcoin is showing weakness on the 4-hour time frame but hasn't completely broken the daily swing low to confirm a mid-term downtrend. The 4-hour chart is bearish, and I'm expecting another small leg up to the premium level (above the 0.5 Fibonacci level). I've marked two potential entry areas with star icons and their targets. Two Great Entries: Short Limit: 70,750 (1-hour FVG Area) Second Entry: 69,553 (only after the first limit is hit or missed) Stop Loss: 71,712 (above the recent swing high) Target: 63,123 Good luck!
Short
by stavkog
3
When to Book Profits in Bitcoin?Bitcoin technical analysis update Historically, when Bitcoin's monthly RSI reaches overbought levels, the price tends to drop. In 2013, the RSI peaked at 97, in 2017 it reached 95, and in 2021, it topped at 92.5, forming a higher low divergence on the monthly chart. This time, if the RSI reaches the 90 level, it could signal another peak for Bitcoin. When the RSI reaches the 89-90 range on the monthly chart, it’s typically a good time to start booking profits. Currently, the RSI is at 63, suggesting there is still room for a price increase in the coming months. Regards Hexa
CRYPTO:BTCUSD
by HexaTrades
4
BTC to reach 110k by the end of mayFor a long time BTC has been zoning around the 23k level. This was indeed a big step up from the 16k level it had been zoning around for a terrifyingly long time as well. As you can see in the chart, everything is about to change. The green lines point towards a clear upward move anywhere near the next 3 weeks. If this happens indeed, i would expect a small bounce back before reaching the 100k or even the 110k within the next 3 months. follow for more advice! ps: do your own research, im not accountable for your investments.
BITSTAMP:BTCUSDLong
by carefulFlaming53589
14
SPY/QQQ Plan Your Trade For 11-5 : Election DayThis video highlights what I believe is likely to happen today and into tonight (when the real news will hit). Additionally, I continue to warn that a price anomaly is very likely starting sometime after November 10. Ultimately, the markets will struggle throughout the rest of the week, likely becoming a bit more volatile after the election. I do believe the markets will move into the price anomaly event near November 10th and that event will likely transition into a big opportunity for traders sometime after November 15-18. My ADL predictive modeling system is showing this anomaly event is highly likely in certain sectors. Overall, I suggest traders continue to trade small allocation levels today as we get past "election day". The bigger opportunities come over the next 3 to 6+ months. Today is not the day to be a hero. Today is the day to sit back, maybe target a few decent trades, and wait for the dust to settle. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny
Bitcoin’s Fate on U.S. Election Day: Predicting Market MovementsAs the world closely watches today’s U.S. presidential election, the crypto market is gearing up for a reaction that could be pivotal for Bitcoin’s future. Historically, U.S. elections have had a positive impact on cryptocurrencies, and many traders are optimistic about Bitcoin's outlook. With two contrasting candidates—one a proponent of crypto and the other leaning towards regulation—the stakes are high for Bitcoin holders and investors alike. A Trump Win: The Fuel for a Parabolic Bull Run If Donald Trump, a vocal supporter of cryptocurrency, secures the win, the market is likely to respond with a powerful surge. Trump’s favorable stance on digital assets could inspire confidence among crypto investors, sparking a parabolic bull run that may push Bitcoin past its previous all-time high. Many traders are poised to buy into Bitcoin if Trump’s victory is confirmed, anticipating a rush of institutional and retail investment that could propel prices to unprecedented levels. A Kamala Win: The Calm Before the Comeback In contrast, a win for Kamala Harris could trigger an initial wave of panic selling. Harris has shown a more cautious approach toward cryptocurrency, which may incite fear among investors and lead to a sharp pullback. However, it's important to note that strong support zones around $60,000, as indicated in the chart, are expected to buffer any drastic price drops. Despite the potential sell-off, these levels have historically provided resilience and could stabilize Bitcoin, leading to a period of consolidation. Once the initial shock settles and investors digest the news, the market may start to regain strength. Confidence in Bitcoin’s fundamentals could draw investors back, fueling a renewed push towards the all-time high. While a Kamala win might delay the anticipated bull run, the scenario of Bitcoin falling below critical levels like $50,000 or $40,000 remains highly unlikely. Caution: Trading Amidst Volatility For those trading with leverage, today and the coming days present heightened risks. Apart from the election, Thursday’s FOMC meeting will bring the Fed’s Interest Rate Decision, a significant event that could add volatility to an already charged market. It’s essential to tread carefully, as both events could create sudden price swings and impact liquidity. In conclusion, regardless of who wins, Bitcoin’s long-term outlook appears resilient. A Trump win may bring immediate bullish momentum, while a Kamala win might usher in short-term turbulence but is unlikely to derail Bitcoin’s upward trajectory entirely. Traders and investors should brace for a dynamic week, as Bitcoin prepares to navigate these significant events. Trade safe everyone, Cheers!
by MadeByAK
8
BTC the big short and Long ideaBTC reached its peak of $73k. Next is a correction wave then back to a $72k bounce then continue the correction wave until probably 60k then bounce up then a quick flush crash for all markets, not just crypto. Why? Everyone is now using leverage(futures, CFD) and few are interested in buying without borrowing. That is also why you can notice many exchanges have been only listing coins in the futures market. Flush, then the great run of the century to $200k+ But flush to 38-28k I see it as a necessary thing and part of the system design of all markets. Invalidation is daily close above FWB:73K
by Nxgencrypto
4
BITCOIN Bull VS Bear📊 BTC/USDT - Daily Analysis 📊 🔴 Main Scenarios 📉 Bearish Scenario (Wave C) We are currently in corrective Wave C within a larger downtrend: Rejection from the top suggests the completion of Wave B and the probable beginning of Wave C . If price breaks down to reach the 1.618 or 2.618 Fibonacci retracement levels, this would confirm the end of Wave B and initiate the main downtrend toward targets in the $44,000 - $37,000 range. Key Bearish Targets: $42,341.97 and $39,039.61 . 📈 Bullish Scenario (Ending Diagonal) In the bullish option, the current pattern might be forming an Ending Diagonal: Price must hold the trendline support (a wick below is acceptable, but a strong breakdown would invalidate this). BTC could continue upwards toward 0.61 - 0.7 Fibonacci levels , approximately at $ 70,300 - $71,700 . Here, a potential rejection might test the trendline. If Wave 4 of the ending diagonal remains intact, we may see a final minor rally to a new all-time high , targeting $77,000 - $79,300 to mark the top. 📉 Trading Strategy Risk-Reward (RR) for Short Positions: Monitor a bounce from support up to the $70,300 - $71,700 zone as a potential short entry. The intensity of the decline after rejection will indicate whether a bearish trend is underway or if this is simply a corrective Wave 4. 🚫 Invalidation🚫 Short positions would be invalidated if price breaks above the previous all-time high. 📝 Conclusion📝 BTC is at a critical level. If it rejects around $70,300 - $71,700 , a continuation of the downtrend is expected. Confirmation would come with a break below the lower trendline, signaling a potential Ending Diagonal pattern. Alternatively, if BTC holds within the Ending Diagonal, another minor leg up toward $77,000 - $79,300 could complete the bullish cycle before a possible decline toward $44K - $37K. Disclaimer: ⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
by RhinoAkaBear
7
November 4 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. Today, it's a mild analysis with an easy difficulty. Basically, there are no waves and it's moving sideways, and there's no Nasdaq indicator announcement, so there are too many turning points. On top of that, since daylight saving time is over today, the waves come out about an hour late. Hahaha Still, I'll proceed with a one-way mild taste. Because you guys are precious... *When the blue finger moves, it's a two-way neutral short->long switching strategy. 1. 69,651.5 dollars short position entry section / when the orange resistance line breaks through or when the top section is touched, the stop loss price 2. 68,576 dollars long position switching / when the green support line breaks away 3. 70,214 dollars top section long position target price Overall, considering the possibility of an increase in terms of signals and patterns, I set the stop loss price a little loosely. It's still moving sideways, Can you see 1 at the top and 2 at the bottom? If it falls right away from the current position, or touches 1 and falls, it's the final long wait in the 2nd section. Since the strategy was based on the blue finger, even if 1 -> 2 is right and perfect comes out, we'll proceed with manual liquidation, and it's not difficult because it's a process that progresses until the strategy succeeds, right? Since the next support line is open when the green support line breaks away, I think you can see Gap7 -> Bottom, which I've marked below. Up to this point, please just refer to and use my analysis, and I hope you operate safely with principle trading and stop loss prices. Thank you.
BYBIT:BTCUSD.P
by BitCoinGuide
4
BTCUSD: Bullish Flag Breakout AheadBTCUSDT technical analysis update At the bottom, Bitcoin formed a falling wedge pattern over 240 days. After breaking out, the price surged by 75%. Following this rise, BTC entered a 220-day consolidation phase, forming a rectangular continuation pattern, which led to a 133% increase after its breakout. Currently, BTC has been forming a flag pattern for the last 220 days, and in the next 10-20 days, we could see a breakout, potentially signaling another strong bullish move. Regards Hexa
CRYPTO:BTCUSDLong
by HexaTrades
2
JASMY IS ABOUT TO SKYROCKET SOON! TA + TRADE PLANPrice Trend: The chart shows a downward trend for JASMY/USDT, indicating bearish sentiment. This is evident from the lower highs and lower lows. Volume: Volume appears moderate with periodic spikes, suggesting occasional bursts of buying or selling activity. The recent downward trend does not have significantly high volume, indicating a lack of strong selling pressure, which could suggest potential consolidation. VMC Cipher_B (Divergences): The VMC Cipher indicator, typically used for divergences and momentum shifts, is displaying mixed signals with some green dots that might hint at potential bullish divergence. However, without a strong upward momentum or green dots appearing more frequently, this remains inconclusive. RSI (Relative Strength Index): The RSI is around 45.95, indicating a neutral to slightly oversold condition. It hasn’t reached extreme oversold (below 30), so it doesn’t signal a strong reversal but could imply some buying interest around these levels. Stochastic Oscillator: The Stochastic oscillator is at 68.84, pointing upward, which may suggest a short-term bullish signal as it exits oversold territory. However, it's not yet in the overbought zone (above 80), so this could imply limited upside momentum. HMA Histogram: The HMA histogram shows mixed colors, signaling a lack of strong trend direction in the immediate term. The histogram bars are also close to zero, indicating limited price momentum. Trading Plan Entry and Exit Strategy: Short-Term Entry: Consider entering a long position if RSI drops near 30 or if the Stochastic Oscillator enters the oversold zone and begins to cross upward, confirming potential upward momentum. Alternatively, wait for a breakout above the nearest resistance level at approximately $0.018. Long-Term Position: Given the overall downtrend, a short position could be considered if JASMY retests and fails to break above resistance levels at $0.019 - $0.020, signaling a continuation of the downtrend. Stop Loss: For a long position, set a stop loss below recent support at around $0.016 to limit downside risk. For a short position, consider a stop loss above $0.020 if the price begins to trend upward past resistance. Take Profit: For a long trade, potential take-profit targets could be $0.0185 and $0.019 if the price breaks out of the consolidation zone. For a short trade, consider take-profit targets at $0.016 and $0.015, aligning with previous support levels. Risk Management: Limit exposure to a small percentage of the trading portfolio due to current trend uncertainty. Monitor volume and momentum indicators for any changes, as low volume on a breakout or breakdown can be misleading. Wait for Confirmation: Patience may be required, especially if the price continues consolidating. A confirmed breakout with strong volume could offer a more reliable entry. Set Alerts: Place alerts near critical levels such as $0.016 (support) and $0.019 (resistance) to act swiftly based on price movement.
Long
by elfabiiani
1
5 REASONS TO STAY IN THE CRYPTO MARKETThe end of September aka rektember historically the worst performing month of the year is in sight, and October is fast approaching. 1/ October aka ‘Uptober’ or better to say "Moontober" is historically one of the best performing months of the year and in the past two bull run years October’s have all been green – third time’s a charm? FYI last year we pumped 29% and so many of us ordered Countach 2/ It ain’t just October – Q4 historically yields the highest returns of the year Excited for Uptober? Just wait till we hit No Loss November baaaby! 3/ M2 projections vs. CRYPTOCAP:BTC looking bullish M2 tracks the global supply of money. The more money is in the system, the more of it can flow into crypto. Here’s Bloomberg’s 10week projection of M2 supply (black) overlaid with CRYPTOCAP:BTC ’s current performance (red) 4/ The bull market historically takes off at this point See that white line? That’s the current cycle as you see The crypto market seems to be following historical bull market trends closely. We've experienced a stronger than usual rally ahead of the halving, largely driven by expectations around spot Bitcoin ETFs. However, the post-halving rally has been weaker, bringing the market back in line with typical patterns seen in previous cycles. Potential for Growth: If past cycles are any indication, the market is expected to gain momentum from this point onward. Historically, after a weaker post-halving phase, a significant upward surge is needed to complete the cycle. Cycle Length Considerations: There is evidence suggesting that each crypto cycle is lengthening in terms of duration. This trend may reflect increasing institutional involvement, as longer cycles often point to a more mature and stable market 5/ Rate cuts are here! The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020.This is now the most unexpected Fed decision since 2009. And lowered rates allow more money to flow into markets over time. and after btc pump we will have sweet alt party so buckle up and be ready for printing money
Long
by moonypto
US Election, FED Rate Cut, 1,200+ earnings - Here we go!!!It's Election Eve and I thought it was important to share how I'm positioning for the US Election and all of the craziness that it may bring. Maybe it's all hype, maybe it's the truest test of US Democracy, maybe it's the beginning of the end. I'm not going to opine on political preference. I'm simply going to focus on current levels and what's in play. Pullback levels for me are all pretty visually friendly with EMA combos on the Daily and Weekly charts. We are 3-4% off from recent highs, the market wasn't in love with Mag 7 earnings last week, pre-election jitters are fairly obvious, and the market will be looking for a reason to do something. Expect volatility - and I hope it's nothing wild and crazy like Aug 1-5. I discuss the potential concern for a US Election where a winner is not declared and we wait days or longer for an official winner. Also a phenomenon is the Wednesday close for the S&P tends to show solid short-term direction, but I believe that's only if we see a winner Tuesday night for election night (just my opinion). I'm hedged, alerts are set, it's all happening whether we like it or not. Focus on what you can control in your trading and let's figure it out. Thanks for watching!!!
NASDAQ:NDX
by ChrisPulver
2
Bitcoin Faces Rejection at Resistance: Short-Term Downsidehello guys. Failed Breakout: Bitcoin attempted to break above the resistance zone around $69,400–$69,600 but was unable to sustain the move, indicating a potential lack of buying strength at these levels. Broken Trendline: The price has already broken below a key ascending trendline, reinforcing the bearish bias in the short term. Bearish Zone: The shaded pink area represents a strong resistance zone, which Bitcoin struggled to overcome. Sellers defended this zone effectively. Potential Downside Target: With the rejection at resistance, the price may head toward the support area around $67,963–$67,934, as indicated by the green zone. Lower High Formation: The lower high structure suggests that the trend could continue downward if the current pattern holds.
Short
by melikatrader94
12
Bitcoin in the Zone: Major Levels to Watch! Bitcoin’s riding the edge with some serious levels coming up. On the downside, we’ve got key supports at $66,969, $66,054, and $65,000. If $65,000 breaks, a slide to $60,000 is very possible. On the upside, we’re eyeing $69,249 first, and if we break through, we could be aiming for $73,500 and beyond!" Breakdown of Key Levels Current Support Levels First Support: $66,969 This level is Bitcoin’s first line of support. As long as it holds, BTC could stay in a good position to push higher. Second Support: $66,054 If we drop below $66,969, the next stop to watch is $66,054. Losing this level could signal a stronger downside move. Major Support at $65,000 $65,000 is the critical level to keep an eye on. If Bitcoin slips below this, we’re likely looking at a bearish move, with $60,000 as the next realistic target. Upside Targets First Target: $69,249 On the upside, if BTC holds support and gains some momentum, $69,249 is our next target. We might see some resistance here, so it’s a spot to watch for a possible pullback. Second Target: $73,500 If Bitcoin breaks $69,249 with strength, then $73,500 is the next big level in play. Breaking through this could mean BTC is primed for an even bigger push higher. Higher Target: Beyond $73,500 If we reach and hold above $73,500, the path is open for BTC to go for new highs. We could see buyers step in even stronger, and BTC might be setting up for its next major move up. Trading Tip Stay flexible here! BTC’s got some clear levels to watch. If we hold support, we could be heading for a strong upside. But if we lose $65,000, the drop to $60,000 becomes a real possibility. Keep these levels in mind, and let the market show you where it wants to go. if you like this analysis like , follow and boost our posts Mindbloome Trading / Kris Mindbloome Exchange
MARKETSCOM:BITCOIN
by Mindbloome-Trading
Zoom out: Bull Flag Pattern Points to Potential Upside TargetTechnical Overview The COINBASE:BTCUSD weekly chart suggests a bullish setup, with a Bullish Flag pattern and Descending Broadening Triangle playing out. Current price action shows BTC retesting previous resistance as new support around $67,000. Support and Resistance: - Support: The zone at $67,000 serves as immediate support within the flag pattern. - Resistance: Key resistance lies at Bullish Target 1 ($77,750), which aligns with the 0.786 Fibonacci level. Outlook: - Bullish: If BTC holds above $67,000 and breaks through $77,750, a rally towards Bullish Target 2 at $88,000 is plausible, with a long-term target of $112,993. - Bearish: A breakdown below $67,000 may lead to a retracement toward $60,000 or lower. Conclusion: The weekly setup remains bullish if BTC can defend $67,000, with $77,750 and $88,000 as primary upside targets. A decisive breakout could confirm continuation to higher targets.
COINBASE:BTCUSD
by CryptoFallen
November Trading Competition Chart Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (SPX500USD 1D chart) In order to maintain the uptrend, it must rise above 5738.2 and be maintained. Since the StochRSI indicator is currently expected to create a double bottom, if the StochRSI indicator rises in the oversold zone, it is highly likely to create a large uptrend. Accordingly, I think the 5738.2 point is a very important support and resistance point. - (XAUUSD 1D chart) BW(100) indicator is created at 2748.960, and HA-High indicator is created at 2734.472. Accordingly, the point of observation is whether it can receive support and rise around 2734.472-2748.960. - The fact that BW(100), HA-High indicators are created means that a high point section has been formed. Therefore, if it receives resistance from BW(100), HA-High indicators and falls, you should basically think that the decline is likely to continue until it meets BW(0), HA-Low indicators and respond accordingly. Therefore, whether there is support around 2734.472-2748.960 is important. - Since the StochRSI indicator appears to have entered the oversold zone, we need to check where it is located when it rises in the oversold zone and maintains the state of StochRSI > StochRSI EMA. - (XAGUSD 1D chart) The chart can be seen as already in the process of decline. However, since it is maintaining an upward channel, we need to keep in mind the possibility of creating a pull back pattern. Accordingly, the area around 3188144 is expected to be an important support and resistance zone. The HA-High indicator is created at the 32.99790 point, and the BW(100) indicator is created at the 34.86 point. Accordingly, there is a possibility that it will be restricted from breaking through the 3299790-34.86 zone upward. - (EURUSD 1D chart) I think the 1.08821 point is a very important section in the trend. I think it is likely to have difficulty turning into an upward trend until it rises above the M-Signal indicator on the 1W chart. Therefore, I think it would be advantageous to proceed with a trade after confirming support near 1.08821. - (WTICOUSD 1D chart) The oil chart is in a reverse arrangement. Accordingly, I think it would be advantageous to trade with a sell (SHORT) position. It is currently rising above 71.6167 and rising above the M-Signal indicator on the 1D chart. In order to maintain this rise, it needs to be maintained around 71.955. - HA-Low, HA-High indicators are indicators created to trade using the Heikin-Ashi chart. The fact that the HA-Low indicator was created means that a low point range has been formed. Therefore, if it is supported near HA-Low and rises, you should basically think of a response plan by thinking that it will continue to rise until it meets the HA-High indicator. The HA-Low or HA-HIgh indicators are designed to display box ranges differently from other indicators. Therefore, in order to escape the low point range formed by the HA-Low indicator, it must rise above the upper point of the HA-Low indicator box. Therefore, it can be said that it has escaped the low point range if it rises and is maintained above the Fibonacci ratio of 0.618 (72.606). - StochRSI indicator is not a universal indicator, but basically - When the StochRSI indicator is above the 50 point, you should focus on finding a time to sell, - When it is below the 50 point, you should focus on finding a time to buy. From that perspective, I think the current rise is more likely to be a rebound rather than a rise. - (BTCUSD 1D chart) The important support and resistance areas from the current price position are as follows: - 71288.90-72322.91 - 68343.64-69795.79 - 65910.71 The three areas above are important support and resistance areas. - As explained on the oil chart, since the StochRSI indicator is below the 50 point, you should focus on finding a time to buy. Therefore, if you are trading for the first time, you can trade depending on whether there is support near 68343.64. However, since the current trend is an upward trend, if you trade with a sell (SHORT) position, you need to respond quickly and briefly. - (ETHUSD 1D chart) ETH is currently moving sideways in the box section. Therefore, the trend is expected to be determined depending on which direction it deviates from the 2272.88-2707.12 section. Therefore, you should think about trading within the box section and create a response plan. Then, when it deviates from the box section, you should switch to a trading strategy to eat the trend. - Have a good time. Thank you. --------------------------------------------------
OANDA:SPX500USD
by readCrypto