1-BTCUSD
Bitcoin -> Make It Or Break ItHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin is once again retesting major previous weekly resistance from which we saw a quite harsh rejection towards the downside at the $31.000 level.
However you can also see that weekly market structure is still very bullish, Bitcoin is still creating higher highs and higher lows and there is always a higher chance that momentum continues so I am now just waiting for a clean break above the resistance and then I do expect another bullish rally.
On the daily timeframe you can see that Bitcoin is currently not able to break above the strong resistance level so we might see another retest of the $29.500 strong support zone and then I do expect a bullish rejection away from the support area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTC - DONT ARGUE📛 It's BULL SEASONHi Traders, Investors and Speculators of Charts 📈📉
After a sudden breakthrough of the resistance zone at FWB:29K , BTC is looking ready for more upwards price action.
The technical indicators in the daily timeframe are screaming bullish as we're about to witness the bullish cross that happens just before periods of parabolic upwards price action.
IF the weekly candle can CLOSE above the resistance zone as pointed out, it will form three white soldiers - a bullish candlestick pattern.
The next major stop based on supply zones and Fibonacci Retracement is FWB:42K (macro outlook).
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BITSTAMP:BTCUSD COINBASE:BTCUSD INDEX:BTCUSD BITFINEX:BTCUSD CME:BTC1! CRYPTOCAP:BTC BYBIT:BTCUSDT KUCOIN:BTCUSDT
🔥 MODIFICATION: BTCUSD 🔥 POSITION TRADERESISTANCE @ 64050
TP3 @ 54460 (closing ALL Buy Orders)
-SL @ 48000
SLO1 @ 45000 ⏳
TP2 @ 43250 (closing ALL Buy Orders)
TP1 @ 35350 (shaving 50%)
BLO2 @ 28450 ⏳
+SL @ 27750 🚫 +202 pips (or +0.73%)
BLO1 @ 27548 📈 Net Equity @ +3109 pips (or +11.29%)
SUPPORT @ 13450
TECHNICAL ANALYSIS
— Supply Zone, an institutional selling range
As you can see from the P2P INDi, we have Price Action (PA) moving upward from Support towards Resistance, but only after it retraces from the Supply Zone(s) formed on the 3D/5H/50m, respectively.
~46760 (35m)
~45815 (5H)
~45525 (3D)
TECHNICAL ANALYSIS
— Oscillators @ NEUTRAL
Oscillators measure momentum, and when an oscillator is NEUTRAL, the security is neither overbought nor oversold. This measurement can be a signal that the security is in a period of consolidation or a potential reversal in the trend.
— Moving Averages @ STRONG BUY
A STRONG BUY signal on a moving average means that the price of the security has crossed above a moving average and is likely to continue to rise. This indication is usually seen as a sign of strength in the trend and can be an excellent signal to buy the security or continue to hold your long position.
SUMMARY @ BUY
In this case, PA reflects consolidation, as the Moving Averages indicate a STRONG BUY signal.
⚠️ I'm holding my long positions, in anticipating of PA pulling back to 28450 (3D) for another buying opportunity.
$BTCUSD - MetaSignalsPro - NEUTRAL >> LONG👉 My Trade Plan
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✔️ Possible LONG
🎯 if B.O => Fibo 261.8 @ 34 400
🎯 if not B.O => 29 900 then 29 300
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📌 Main Time Frame H1
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👉 TrendDOWN : OFF
👉 GreyBOX : ON
👉 BladeSCALPER SIGNAL : ON
🎯 Fibo 23.6 could be tested first
📌 Upper Time Frame H4
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👉 TrendUP - ON
👉 BreakOut of the RealTime TrendLine: DONE
⌛️ PullBack in the Blue Cloud: could be tested a 3d time
🎯 if B.O => Fibo 261.8 @ 34 400
🎯 if not B.O => 29 900 then 29 300
$BTCUSD - MetaSignalsPro - NEUTRAL👉 My Trade Plan / Next Move
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⛔ No Trade for me in this situation
✔️ Possible small SHORT
🎯 Next possible target : 29 300
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📌 Main Time Frame H1
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👉 TrendDOWN : ON
⌛️ Watch the breakout of the RealTime TrendLine
🎯 Fibo 23.6 should be tested first
📌 Upper Time Frame H4
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👉 TrendUP - ON
👉 BreakOut of the RealTime TrendLine: DONE
⌛️ Probable PullBack in the Blue Cloud
🎯 29 300
Bitcoin -> Bullmarket BehaviourHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin just retested and already rejected a quite nice and obvious previous weekly resistance zone which was turned support at the $25,000 level.
You can also see that Bitcoin is now just creating a new higher swing high, confirming the overall bullish uptrend so I simply do expect some small correction after the recent pump but then some longer term continuation towards the upside.
On the daily timeframe you can see that after Bitcoin perfeclty broke out of the falling wedge formation we just had a rally of 15% towards the upside but considering the fact that Bitcoin is again retesting resistance I first do expect a drop before then another bullish rally.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTC - Quick Update Around 30,000 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
The 3 Scenarios for Bitcoin Right NowTraders,
I'll cut to the chase. There are 3 probable scenarios for BTC price movement at this time. I'll go over least likely to most likely and why:
5:00 - Least likely: Break straight up and through our 30,500 resistance.
6:30 - Most likely: Drop to our Dec 21 TL, kiss it, and continue up again.
8:10 - Other possibility: Drop to our Dec 21 TL and break it. Fill the gap at 20k.
19:00 - Many altcoins are still showing a bear flag.
Stew
BTCUSD I It will correct downwardWelcome back! Let me know your thoughts in the comments!
** BTCUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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🔥 NEW BTCUSD ✨ COUNTER-TREND TRADE 🔥SLO2 @ 47295 ⏳
SLO1 @ 45750 ⏳
TP4 @ 43750 (closing ALL buy positions)
TP3 @ 41675
TP2 @ 35715
TP1 @ 31850 (shave 50%, if)
BLO2 @ 28400 ⏳
BLO1 @ 26375 ⏳
ADDITIONAL INFO:
00:00 Intro
01:00 Major Support / Stop Loss
01:47 Buy Orders (15H / 1D)
04:47 Resistance / MP (5M)
06:51 TP1 (shave 50%, if)
07:53 Take Profit 2 thru 4
08:27 Sell Orders
09:30 Very Tight Stop Loss
10:48 Sell Order TPs Pending
11:08 Boost, Follow, Comment, Join
BTC/USD BITCOIN Technical Analysis & Trade IdeaIn this video, we take a close look at Bitcoin. We observe that it has reached a significant monthly resistance level. The chart indicates that it is currently overextended, raising the possibility of a substantial retracement. Throughout the video, we discuss price action, analyze the trend, highlight key levels of support and resistance, explore different time frames, and present a potential trade idea. Please note that this content is strictly for educational purposes and should not be considered as financial advice. BTCUSD.
Bitcoin -> The Wegde Is BreakingHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin now finally retested and already started to reject a quite nice previous weekly resistance area which is now turned support at the $25.000 level.
You can also see that weekly market structure and moving averages are still bullish, in my opinion Bitcoin also already created the bottom of the last bear market and is now ready for more bullish moves, so I simply do expect a rejection away from the support zone.
On the daily timeframe you can see that Bitcoin is still trading in a falling wedge formation and just retested the lower support trendline towards the upside - I am now just waiting for a breakout and a break above the $26.000 level before I then do expect another rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTC - Bearish for SHORT TERM🐻Hi Traders, Investors and Speculators of Charts 📈📉
After closely monitoring the market trends following our previous idea of shorting until the 25K support zone, it has become apparent that there is a notable increase in selling activity. Despite witnessing a decent rebound initially, it was met with an equivalent level of selling pressure, resulting in the price experiencing a downward trajectory with lower highs.
Furthermore, it is crucial to take into account the occurrence of a multiple bearish patterns in the daily (short term) timeframe including a double top, Head and Shoulders pattern and Bearish M patterns.
These technical chart-analysis patterns typically indicates a reversal in the price trend and suggests a bearish outlook for the short term. It implies that the market has made two unsuccessful attempts to surpass a certain price level, highlighting the presence of significant selling pressure and a potential decrease in investor confidence.
NOTE that although I am still bearish for the SHORT term, I remain bullish in my macro perspective.
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From the Fibonacci Retracement Macro perspective, we can see the price is still in the upper resistance zone; right underneath the 1.618. What we DO NOT want to see from the monthly timeframe is a close UNDER the support at roughly $25K. This would drive the price down to find more buying pressure around $20K.
BITSTAMP:BTCUSD COINBASE:BTCUSDT INDEX:BTCUSD BITFINEX:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT BYBIT:BTCUSDT BITGET:BTCUSDT CRYPTOCAP:BTC GEMINI:BTCUSD BINANCEUS:BTCUSDT PHEMEX:BTCUSDT
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CryptoCheck