1-BTCUSD
BTC Technical Analysis👀👉 Bitcoin is currently exhibiting an overextended bearish move and has reached a key support level, where we are seeing signs of a retracement. There are three specific resistance levels above the current price that could serve as potential retracement targets. I’m monitoring for a selling opportunity if price moves into one of these zones and shows a structural break to the downside. Until this price action unfolds, there is no active trade setup. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always assess your risk and consult a financial professional before making trading decisions. 📊✅
BTC Bitcoin Technical analysis and Trade Idea👀👉 BTC is showing a solid bullish trend on the higher time frames, and I'm closely watching for a potential buying opportunity based on key conditions outlined in the video. We'll explore the critical price action signals to watch for and how to position yourself effectively to capitalize on the next move. Disclaimer: This analysis is provided for informational purposes only and should not be considered financial advice. 📊✅
ETHUSDT : Bullish factors in playETH/USDT is currently trading around 2,604.19 USD, following a strong upward movement that encountered resistance near 2,654.79 USD.
In the coming sessions, a pullback towards the support zone between 2,546.43 USD and 2,572.00 USD is highly possible. This area is reinforced by the 0.5 and 0.618 Fibonacci retracement levels, which typically serve as critical support in a continued uptrend. If the price retraces to this zone, it could provide a strategic buying opportunity.
In the short term, I'm expecting some consolidation or a mild retracement before another potential breakout attempt above the 2,654.79 USD level. A successful break would likely push the price towards the next target of 2,725.00 USD, possibly reaching higher levels beyond that.
However, a failure to maintain support at 2,546.43 USD could suggest a deeper correction. Until that happens, the bullish momentum appears intact, and the support zone could serve as a solid foundation for the next rally.
BITCOIN range market with potential of gainHello and greetings to all my valued followers and crypto enthusiasts. In this analysis, I aim to provide an overview of the crypto market and Bitcoin’s position. 🙌
According to the charts and data, we are currently experiencing a range-bound phase, with both major players and smaller assets exhibiting this trend. This situation presents strong growth potential, but it requires renewed interest and increased trading volume in the market. ✔📚
On the chart, I’ve highlighted a comprehensive scenario in yellow, along with two shorter-term scenarios indicated by smaller arrows and their corresponding numerical targets. 🏹
Overall, my team’s perspective on the crypto market is that while it is currently in a range, it possesses significant potential. 🚀
I’ve also summarized the key points at the bottom of the chart for your convenience. I hope you find this information helpful. ✌🎉
If you have any questions or want analysis on a specific stock or coin, please leave a comment, and I will respond promptly. ✔
Best,
Mad Whale. 🐋
BITCOIN range market with potential of gain Greetings and respect to all my dear followers and crypto enthusiasts. In this analysis, I will try to provide you with an overview of the crypto market and Bitcoin's share.🎇 🙌🎇
Based on the chart and data from the crypto market, we have entered a ranging loop, where both the major players in this space and most smaller stocks and coins have adopted this range-bound movement, with strong potential for growth and explosion. However, this requires renewed interest and attention toward the market, or in other words, a return of volume to this market. 🤔✌💣🐱🏍
On the chart, I have outlined a comprehensive scenario for you in yellow, which is slightly faded. In addition, I’ve marked two shorter-term scenarios with smaller arrows and provided numerical targets for them.
🧨🧨🧨🧨 My team's overall outlook on the crypto market is that it is currently ranging but holds high potential. 🧨🧨🧨🧨
For your convenience, I have summarized the key points at the bottom of the chart, and I hope you find this information useful. 📚💕
If you have any questions or if there's a specific stock or coin you’d like analyzed, please mention it in the comments, and I will respond as quickly as possible. 🐋✔👌
🐋 Your friend, Mad Whale. 🐋
Chart with trend(MACD), momentum(DMI), and market strength(OBV)
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BW+ indicator is an indicator that comprehensively evaluates MACD, DMI, and OBV indicators.
Therefore, knowledge of MACD, DMI, and OBV indicators is required.
I added the existing HA-Low and HA-High indicators to express the section to start trading more clearly.
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The indicators have changed and been supplemented a lot over the past 6 years of using TradingView.
It was not easy to express my trading method as an indicator.
Because of this, I think there are people who unintentionally interpret my writing differently from what I think.
So, to narrow this gap, I am explaining the indicators used in my article.
Since these indicators are automatically generated by a formula, no one can change them.
Therefore, I think anyone can look at the chart and interpret it from the same perspective.
However, there may be differences in interpretation depending on one's investment style or average purchase price.
However, since everyone talks about the same point, there will be no confusion.
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When talking to each other in the community, if you talk with the chart tool you drew, you may talk differently and there may be room for misunderstanding.
So, I think the conversation often goes in a strange direction because the conversation ends up talking about whether it is LONG or SHORT right now.
I think that charts drawn with chart tools are not very meaningful because they only show a part of the person's thoughts through chart analysis.
This is because they do not tell you the selection point using the chart tool, so interpretation or understanding is lacking.
Therefore, you cannot apply such content to your own chart.
So, since it can't be used as a trading strategy, I can't help but just say, "Oh, that could be possible."
However, if there is a chart that everyone can see and no one can change, I think it would be easier to talk and reflect each other's thoughts on my trading strategy.
I think that because of that, I can find out what I lacked and supplement it.
Not everyone sees the same thing and thinks the same, but if the basic point of the thought is the same, I think it can help me make other people's thoughts my own.
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Anyway, I hope that this chart change will help you create a clearer analysis or trading strategy.
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The MACD indicator added to the chart is an indicator with a modified formula from the existing MACD indicator, but the interpretation method is the same.
That is,
- If MACD > Signal, it is interpreted as an upward trend,
- If MACD < Signal, it is interpreted as a downward trend.
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The DMI indicator added to the chart simplifies the interpretation of the existing D+, D- indicators by expressing them as lines on the ADX line.
That is,
- The section expressed in Aqua color means a downward section,
- The section expressed in Orange means an upward section.
- When ADX is above 25, it means that the strength of the upward or downward movement is strong,
- When it is below 25, it means that there is a high possibility of forming a box section or sideways section.
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The OBV indicator added to the chart means an upward trend when each line is broken upward, and a downward trend when it is broken downward.
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The indicator that expresses the contents explained above is the BW v1.0 indicator.
In order to see this more intuitively, the BW (100), BW (0), and Mid (50) indicators were added so that they can be expressed in the price candle section.
In addition, there are also High (80 Down), Low (20 Up) indicators.
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It is never easy to interpret each indicator and evaluate it comprehensively.
It is especially difficult when trading in real time.
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When interpreting the BW v1.0 indicator, it is basically divided into rising and falling based on the 50 point.
Therefore, passing the 50 point increases the possibility of a significant change in the trend.
Therefore, it seems that trading can be done based on whether there is support near the Mid (50) line generated when the BW indicator passes the 50 point, but this is not the case.
The reason is that volatility is likely to occur when a change in trend occurs.
When volatility occurs, your trading point will go up and down, so psychological pressure will increase and you may proceed with an inappropriate trade.
Therefore, a good point to start trading is the BW (0), BW (100) or HA-Low, HA-High point.
Since these indicators are generated at the boundary of the low or high point range, if you start trading based on whether there is support, you are more likely to get good results.
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In any case, you should think in line with your average purchase price.
Otherwise, if you trade incorrectly due to psychological pressure when you get close to the average purchase price, you may end up with little profit or even a loss.
This means that when you start a new trade, it is better to start near the BW (0), BW (100), HA-Low, and HA-High indicators as mentioned above.
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Have a good time.
Thank you.
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Waiting for a Buy Opportunity at SOL Support ZoneSOL/USDT is currently trading around 156.19 USD, and I’m keeping a close eye on its price action. After a solid bounce from the key support level at 151.46 USD, I expect it might consolidate for a while between the resistance at 159.52 USD and the support around 153.12 USD.
If the price pulls back to the 151.46-153.12 USD zone, I see that as a strong buying opportunity, especially since it lines up with the 0.618 Fibonacci retracement level. This level often acts as a significant support in uptrends.
In the short term, I’m anticipating some sideways movement before we get a potential breakout above 159.52 USD. If that happens, my target would be the next key level at 167.13 USD, which aligns with the 1.618 Fibonacci extension.
While there’s always the possibility of a pullback, the way the price has been moving lately makes me believe that the buyers are still in control. I’ll be watching the support zone closely for any signs of further bullish action.
BTCUSD today.Analysis:
Resistance: Bitcoin has tested the $66,000 resistance multiple times, as indicated by the red arrows, but has yet to break through it decisively.
Support: There is a clear support zone around $61,000 – $62,000, which has acted as a base for previous price bounces.
Trend: The ascending trendline suggests that the market sentiment is still bullish, as long as the price stays above this level.
Trading Strategy:
Buy on Dip: If BTC pulls back into the support zone around $61,000 – $62,000 and holds, this provides a buying opportunity.
Target: The first target would be a retest of the $66,000 resistance. If it breaks, the next target could be $70,000.
Stop Loss: Place a stop-loss just below the $60,000 mark to protect against a deeper pullback.
Bitcoin forms bullish pattern. Currently, BTC/USDT is forming an ascending triangle pattern on the daily chart, with key resistance around the $67,000 level and rising support near $63,000. This structure often signals a potential bullish breakout.
Trading Strategy:
Upside Potential: If BTC breaks above the $67,000 resistance level with strong volume, it could signal the start of a new upward trend. Traders may consider entering a long position once the price surpasses $67,000, with a target of $72,000 and potentially $75,000.
Stop-Loss: Set a stop-loss just below $65,000 to manage downside risk in case of a false breakout.
The ascending triangle pattern suggests that bullish momentum is building, and the market may soon witness a breakout in the coming days.
BTCUSD—After Pump to 66K, What’s Next? incomming dump?GM crypto bro's, this morning fear and greed index entered the greed zone at 65, while Stoch RSI is nearing the overbought area. BTC has finally hit 65K, even reaching 66,480, and this pump pushed the index into greed.
What’s next for BTC? Normally, after a pump and hitting greed status, a correction is likely. Looking at this morning's price action, the areas that could be retested are the 64K - 63K yellow zone and the 62K - 61K red zone.
However, there's also a chance BTC could do an instant pump to 69K again. Keep in mind the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
The Monthly has a bullish pennant with an even higher targetThe same bullflag on the weekly chart that has a 99k breakout target morphs into a bullish pennant with an even longer flagpole on the monthly chart. If the bullish pennant were to confirm a breakout in the zone price action currently resides in, the breakout target for this monthly bullish pennant is around 115.9k! *not financial advice*
A close above the top red trendline would be very bullishShown here on the weekly chart is the weekly bullflag bitcoin has been consolidating in ever since correcting from the all time high we hit earlier this year.. For the first time since then, we now have part of a daily candle body above the top eligible top trendline of the flag and may very well close the current daily candle above that trendline for the first time which would be a very bullish development. It will be even more bullish if we can also manage to close a weekly candle above it as well but we still have another 6 days before anything like that can occur. For now a daily candle close above is still good progress which we have about 40 minutes left before the current daily candle closes (not shown here). If we were to break up from the red bullflag at this exact spot on the chart, there is some excellent bullish confluence here as you can see the measured move breakout target from here would be the exact same target as the much larger Purple bull flag we broke upwards from back in February. Both have a target around 99k. So this would indeed be a great spot for such a breakout to occur. We can also see the weekly 50 moving average(in orange) is holding very strong bounce support and should help to prevent the price action from recentering the flag/channel in the coming months as it climbs higher. *not financial advice*
Start of full-scale uptrend: 64748.70-65920.71
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If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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In order to use the BW+ indicator in chart analysis, the existing HA-MS_BW+ indicator has been integrated and modified.
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The key is whether it can rise above the trend line (1).
The StochRSI indicator seems to be entering the overbought zone.
The fact that the StochRSI indicator has entered the overbought zone means that the upward strength is strong.
Accordingly, there is a possibility that it will show an upward trend until it falls from the overbought zone, so you should look at the movement at the support and resistance points drawn on the chart.
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We need to check if the price can be maintained above 65618.80, which is the upper point of the HA-HIgh indicator box.
The 65920.71 point is the HA-High indicator point on the 1W chart.
Therefore, if the price is maintained above 65920.71, there is a high possibility that a stepwise uptrend will begin.
However, since the StochRSI indicator has entered the overbought zone, it is expected to show a downward trend, so it is expected that support will be important around 65920.71.
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The BW (100) line is currently formed at 73072.41.
If the price rises a little more and a new BW (100) line is created, that area will be the split trading point.
Otherwise, the current BW (100) line position, 73072.41, will be the split trading point.
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If it falls below 64748.70-65920.71, the most important support and resistance point is 61099.25.
However, before that, we need to check whether there is support near 62856.30, the lower point of the HA-HIgh indicator box.
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The point of interest is whether the price can be maintained near the 64748.70-65920.71 range even after the next volatility period, around November 4th.
If not, we need to check whether it is located near 56204.13.
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Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising 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 be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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BTC H4 50/100 SMA Cross Impending50sma is about to cross the 100sma which is very bullish. Price is currently holding over macro descending resistance. I expect a very minor pullback and a lot more bullish action. The daily chart still has a lot of room.
Not financial advice. Do your own DD.
Thanks for looking at the idea.
SPY/QQQ Plan Your Trade 10-14 EOD Update - Rally Rally RallyWhat a great day for my followers! I created my Roadmap for all of you, and the markets have started this week doing exactly what I expected regarding the SPY/QQQ and Gold/Silver.
Next, we should see the rally continue in the SPY/QQQ, and Gold/Silver are moving into an Apex Breakaway setup, which could be very explosive to the upside.
Remember, what I do behind the scenes to prepare and understand market conditions is much deeper than what you see in these videos. Every weekend (and most days), I spend quite a bit of time trying to understand what is really taking place beneath the price charts.
That is where I gain a deeper understanding of what to expect and how prices will react to changing market dynamics.
So, if you like what you see in my Plan Your Trade videos - remember there is much more to do this efficiently than what I'm showing you in these Videos.
Also, remember, a Win is a Win. Book it and call it good.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
VRA Move Ready...Buying Opportunity:
The price is currently near the right shoulder, slightly above the 0.002699 USDT support line. This suggests a low-risk entry point .
If the price moves upward and breaks the neckline at around 0.003013 USDT , this could confirm the bullish pattern, making it an ideal buying zone .
Target:
The green zone between 0.002699 USDT and 0.003013 USDT provides the target area for price movement, with the breakout potentially leading to a test of the resistance at 0.004064 USDT.
After the breakout above the neckline, a conservative price target could be the distance between the bottom of the head and the neckline added to the breakout level. This could project a target near the 0.004064 USDT resistance.
Conclusion:
A confirmed breakout from the neckline (green line) would trigger a bullish momentum, providing a solid buying opportunity with a potential target around 0.004064 USDT.