$BTC Daily update - LONGCRYPTOCAP:BTC #BTC Turned given resistance at $61,953 into a support, Previous daily close looks amazing, possible upside likely towards $65,789 resistance test as bullish engulfing forms on current Daily, previous weekly close also with dragonfly doji with positive volume, tons of great signs that #Bitcoin is looking great, $64,344 currently resisting, $63,544 support not yet tested so $62,580 is current and possibly a key support moving forward.
1-BTCUSD
Update the latest ETHSDT today. The Ethereum (ETH/USDT) chart presented shows a descending channel pattern with clear lower highs and lower lows. The price is currently sitting around $2,544, but it recently tested the upper boundary of the channel near $2,660. The rejection at this level, coupled with the downward trajectory, suggests potential bearish momentum.
The chart indicates that if Ethereum fails to break above this resistance, it could move lower toward the lower boundary of the channel, targeting a level near $2,200. The moving averages (likely EMA) further support the downward trend as they are sloping downward, suggesting that selling pressure may continue in the short term.
Key levels to watch are the resistance at $2,660 and potential support near $2,270. A break below the current support could push Ethereum toward the lower end of the trend channel.
Bitcoin Consolidates in Sideways Range. The chart illustrates a sideways movement, with Bitcoin’s price fluctuating within a range defined by the upper and lower bands of the Bollinger Bands. The support and resistance levels are clearly marked around $58,933.82 and $66,186.62, respectively. The price action is constrained between these limits, indicating a lack of momentum and a consolidation phase.
The EMA 34 and 89 are showing weak activity, reflecting the indecisiveness in the market, with no clear signs of a breakout either upwards or downwards. Until the EMAs show a stronger trend signal, the market is likely to remain in this sideways range.
In conclusion, the market is in a consolidation phase, and traders should wait for a breakout from the Bollinger Bands for a clearer direction.
BTCUSD—Small Retrace Before 65K? or incoming pump ?GM crypto bro's, back to working day! This morning, fear and greed index is at 48, neutral zone, while the Stoch RSI is still heading towards the overbought area.
Price action suggests a small retrace to around 61K might happen today, but the bigger picture still leans towards 65K. 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.
BTC Daily Time Frame H&S Price Target ~54,500I see a head and shoulders pattern has formed on the daily and 12 hour time frames with a down side target around 54,500 USD. This is a short term Bearish outlook that I believe could play out over the next 24-48 hours or less. There are potential moves to the upside, but I’m leaning toward this playing out. There are many longs that could be taken out, while the shorts flip providing major upside moves. Not financial advice. DYOR.
Forget everything after studying the chart
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(BTCUSDT 1D chart)
The key is whether it can rise along the trend line (2).
When a new candle is created, it is necessary to check whether the StochRSI indicator enters the overbought zone.
The zone marked with a circle corresponds to the important support and resistance zone.
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(BTCUSDT.P 1D chart)
When the Mid (50) line is created, whether there is support near it is the key.
The Mid (50) line is a position conversion line, so the trend is likely to be formed depending on whether the price is maintained above or below the Mid (50) line.
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When I learned about patterns while studying charts, I was amazed and thought I could stop studying charts.
However, as I traded, I realized that patterns are just the past appearances of charts.
You should forget all the studies you have done on charts after you finish studying them.
Otherwise, if you try to apply what you have studied to the current chart, you will likely end up analyzing charts or trading incorrectly.
So why should you study charts?
I think it is the same as studying in school as we grow up.
It is not necessary when you are living in real life, but it is the same reason you should study them.
Therefore, if you have studied and understood the arrangement or patterns of candles, forget them all.
If you are stuck in the framework of knowledge gained from studying charts, you may try to fit the pattern rather than respond to real-time movements.
Then, it may become a trade that you regret.
- How well you indicate support and resistance points,
- How much you trust those points,
- How much you can create a response strategy for those points are the things that remain after studying charts.
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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 start after rising above 29K.
The section expected to touch 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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BTC and Trendlines: Patience over FOMO for a Clear SignalTrendlines are key to staying disciplined. Recently, BTC has seen some impressive inflows, with a couple of green bars showing up nicely on the charts. In the past, this might have triggered some FOMO, tempting me to start adding capital as those green bars intensified. But does this necessarily mean we’re seeing a trend reversal? Absolutely not.
The real difference between FOMO and a solid trade setup lies in waiting for the ‘jive’ of multiple signals to confirm the move. For me, the most reliable indicator remains the trendline. If the yellow trendline is decisively broken, then we can confidently say BTC is on Wave 3 of 5 of 5 of 1. However, this recent green uptick alone isn’t enough to suggest a decent trade opportunity yet.
Points A, B, and C might have been valid entry points in the past, but without a clear break of the upper trendline, the risk of a reversal still looms large. For confirmation, I’m looking for a decisive break—a full open and close above the trendline, ideally on at least a 4-hour timeframe. Only then can we be more certain about BTC’s next big move.
If Point D is reached (around $63,600), that’s where I’m fully in—riding it up to around $130K. Until then, it’s all about waiting for the signals to align and not getting caught up in short-term excitement.
$AAVE Still in Up trend (READ CAPTION FIRST )AAVE has the potential to provide us with a solid profit from $145 to $190. This coin is still following its upward trend, and given the strong team and positive fundamentals behind it, its growth seems inevitable. However, we have not yet reached our ideal entry point. It’s important to also consider factors such as USDT dominance and the overall market trend when the price reaches this level on the chart before making an entry. So, we recommend staying patient and entering at the right time.
10 Essential Tips for Futures Trading | Beginner-Friendly Guide!🚀 10 Essential Tips for Futures Trading | Beginner-Friendly Guide 🚀
As a crypto futures trader, you have the potential for high rewards—but the risks are equally significant. Whether you're just starting or looking to sharpen your skills, here’s a beginner-friendly guide to help you trade futures like a pro!
1️⃣ Leverage with Caution
Leverage allows you to trade more than your actual capital. While it amplifies profits, it also increases the risk of significant losses. Start with low leverage (1x to 2x) and increase only as your experience and confidence grow.
Pro Tip: Use leverage responsibly. Small moves can lead to big impacts on your account balance!
2️⃣ Master Risk Management
In futures trading, preserving your capital is as important as making profits. Always use stop losses to limit potential losses and never risk more than you can afford to lose. Successful traders manage risk first, profits second.
Pro Tip: Limit your risk to 1-2% of your total capital per trade to survive market volatility.
3️⃣ Understand Market Sentiment
Emotions highly drive crypto markets—fear and greed can cause massive price swings. Stay on top of market sentiment by following news, social media, and community discussions.
Pro Tip: Use sentiment analysis tools and observe the fear/greed index to time your trades better.
4️⃣ Learn Technical Analysis
To succeed in futures, learning chart reading is essential. Focus on key indicators like support/resistance levels, moving averages, and volume trends. These help you make informed trade decisions.
Pro Tip: Keep your charts clean—use just a few key indicators to avoid confusion.
5️⃣ Stay Disciplined
Trading without discipline is a shortcut to losses. Develop a strategy and stick to it, even when the market is volatile. Avoid emotional decisions like panic selling or revenge trading.
Pro Tip: Journal every trade—track what works and what doesn’t, and improve your strategy.
6️⃣ Know Your Funding Rates
Funding rates in perpetual futures can either work for or against you. When the funding rate is positive, longs pay shorts, and vice versa. Keep an eye on these rates as they can affect your overall profitability.
Pro Tip: If the funding rate is too high, it might be better to wait for a better entry.
7️⃣ Understand Exchange Rules
Different exchanges have different margin requirements, liquidation prices, and fees. Make sure you fully understand the platform’s rules and how they apply to your trades.
Pro Tip: Always double-check liquidation prices before opening large positions.
8️⃣ Hedge Your Risk
Hedging is a strategy that protects your portfolio from adverse price movements. For example, if you're holding Bitcoin, you can open a short position in futures to balance your risk in case the price drops.
Pro Tip: Use hedging to minimize risk during uncertain market conditions, but avoid over-hedging.
9️⃣ Watch Open Interest and Volume
Higher open interest shows a growing trend, while low volume can indicate weak market conviction. Use these metrics to confirm your trades and gauge market strength.
Pro Tip: Combine open interest with volume for more reliable trade signals.
🔟 Keep Learning & Evolving
Crypto markets evolve rapidly. Always stay up-to-date on the latest trends, tools, and strategies. Join trading communities, watch educational content, and continuously improve your knowledge base.
Pro Tip: Follow experienced traders, read trading books, and practice in demo accounts before going big.
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CONCLUSION:
Futures trading in crypto offers immense potential, but it requires skill, discipline, and constant learning. With these 10 essential tips, you’ll be better prepared to navigate the volatile world of crypto futures trading and enhance your profitability.
🚨 Risk Disclaimer: Futures trading involves substantial risk and may not be suitable for everyone. Always trade responsibly. 🚨
If you want more such educational posts, Trades and Top-notch Bitcoin updates, Hit that like button! Follow me if you're reading this for the first time!
Thank you
#PEACE
Bitcoin: Sell Signal Watch For 58K.Bitcoin continues to respect the support/resistance levels within the broader consolidation. These price areas have been relevant for months and will continue to be relevant UNTIL the market proves otherwise. To navigate this environment effectively requires the ability to anticipate price behavior at these key levels, confirm a reversal AND quantify the risk associated with the time frame you intend to operate within.
With this in mind, 64K is a CLEAR resistance and it is within reason to anticipate bearish activity across higher and lower time frames. As of now the low of an inside bar has been broken (see arrow). This CONFIRMS a sell signal off the 64K key resistance which means this is NOT the time to be long (swing trades) and aggressive shorts are reasonable for smaller time frame (day trade) strategies.
The illustration on the chart refers to the scenario that I believe has a greater probability to unfold compared to a narrow range of scenarios over the coming week (see previous articles for outcomes of previous illustrations). While this can change at any time, the point here is to recognize the next probability location (58K AREA) for a swing trade long. IF Bitcoin presents such a test, the pattern to watch for is a bullish pin bar or inside bar between 56 and 58K. Such an outcome can be characterized as a failed low formation which is very typical within price consolidations.
If you are interested in the short side potential, following the illustration is most effective on smaller time frames and using a tool like my Trade Scanner Pro in trend mode. This setting is specifically for momentum continuation patterns which are likely to unfold in price regions that are not in close proximity to key levels (like 62L to 60K for example.) The idea is to follow the momentum on the smaller time frame while also accounting for the smaller magnitude profit objective and risk.
Playing the price action game totally relies on a strong grasp of HOW price moves, NOT WHY. One of the biggest obstacles for retail traders is the relentless amount of misinformation that is then mixed with personal emotional baggage. Yet, even though I repeat this often, it is no match for the power the drives human nature. People would rather react to and put their trust into an exciting story rather than a bunch of seemingly abstract lines on a chart.
What the typical trader fails to realize is that a chart is a historical record of human behavior expressed in the form of buy/sell orders. The problem we are trying to solve (where is price going next?) is a BEHAVIORAL one, and nothing more (even in the age of algos). One of the universal truths that make technical analysis worthwhile is that "history repeats itself". Why else do you think support/resistance levels have any future opportunity value?
Thanks you for considering my analysis and perspective.
CLSK: Big Move ComingCLSK technicals look like the price is ready to make a move up. Weekly MACD beginning to curl higher, higher highs and lows on the RSI, and volume profile support with a massive volume gap to the upside provide for a bullish setup.
BTC is approaching the time frame where historically, post-halving, the price per coin moons higher. Additionally, the US fed is lowering rates and china is providing stimulus to their economy, which will provide for more cash that can make its way into crypto.
CLSK’s hashrate expansion and BTC owned can make this miner a prime benefactor of a bullish BTC move.
Bitcoin: still mixed technicalsThe crypto market had another bumpy week, which ended with a positive sentiment. The week started by the stronger push of BTC toward the downside, where the coin was testing levels below the $60K support line. Still, Friday trading session brought a short reversal to the upside, where the coin was testing the $63K a short term resistance line. The move was supported by the US inflation data in September, which were somewhere in line with market estimates, increasing the market expectations that the Fed might continue to cut interest rates till the end of this year, with a next cut at November's FOMC meeting.
The RSI started its move toward the oversold market side; however, as the indicator reached the level of 43, it reverted back above the 50 level, ending the week at 54. Such moves shows that the market is still not ready to clearly head toward the oversold market side. Moving averages of 50 and 200 days continue to move as two parallel lines, without a clear indication that the cross is in store in the coming period.
BTC charts continue to be mixed. For the last two weeks there are indications for potential movements toward both sides. Currently, there is some probability that the BTC might head toward the $ 65K resistance line, considering that $63K level is only a short term stop for BTC. However, there is also open space for the downside. In case that BTC reverts down, the level of $60K will not be its final stop. The coin would rather continue its move toward the $58K, before the reversal.
#BTC/USDT Quick Update!#BTC is stuck in the range, with multiple rejections and bounces.
We need a catalyst at this point. The direction will be clear whether it breaks $66k or $60k.
We wait.
Weekly closes in 7 Hours.
IMHO, We will hit $66k this week.
Let me know what you think in the comment section and do not forget to hit that like button.
Thank you
#PEACE
BTCUSD: Market Is Looking Down! Sell!
Welcome to our daily BTCUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 61,953
Wish you good luck in trading to you all!