120k #BTC Sooner than later..... No matter how i chart #BTC the 120k to 130k price level is my target For the next year. Technical stand point BTC moves always seem to be calculated This chart is back to the basics and pretty simple Pure market structure. What are your thoughts? This is also why im not ruling out another trip to 40K. But for now........ I think we may take a crack at 72k
Bitcion
BTCUSD BULL FLAG TO 80K$Hello Traders
As I can see BTC is now trading above the 60K$ after hit ATH and i CAN SEE A BULL FLAG HERE !!!
If price does not break given Stop Loss level, then it can create a big move so don't miss it its a very low risk-based entry and higher rewards Friends Supply and Demand is issue now with BTC price it had HIT ATH and now retrace more then 14000$ its time to buy Halving did not creat any panic selling pressure as it had created in previous halving because its not 2010 or 2011 world now knows BTC is best asset which will kill inflation and its a Digital Gold many more things is there for bullish in BTC we are long term Bulls on BTC but these levels are important Its just a Trade Idea Share Ur thoughts with us it help many other traders
BTCUSDT.2HLooking at this chart, I'm observing Bitcoin's price action against Tether (USDT) on the Binance exchange. We're using a combination of technical indicators and price levels to gauge potential future movements.
Firstly, the chart shows a symmetrical triangle pattern forming, which indicates a period of consolidation. A symmetrical triangle is typically considered a continuation pattern, meaning that the previous trend is likely to continue once the price breaks out. However, the direction of the breakout (upward or downward) is not determined by the pattern itself but by other indicators and market sentiment.
The Ichimoku Cloud is present here, which consists of several components. The cloud (Senkou Span A and B) acts as support and resistance levels. The price is currently below the cloud, suggesting a bearish sentiment. The Ichimoku Base Line (Kijun-sen) is above the Conversion Line (Tenkan-sen), which typically indicates bearish momentum.
We've also got pivot point levels marked as R1, R2, R3, and S1, S2, S3. These levels are used to determine potential support and resistance levels based on previous highs, lows, and closing prices. Currently, the price is hovering just above the S1 pivot point level. If it breaks below S1, the next levels to watch would be S2 and potentially S3 for support.
The Relative Strength Index (RSI) is just below 40, which is neither in the overbought nor oversold territory but is edging closer to oversold levels. This could indicate that there might be some buying pressure coming in soon, but it's not a guarantee.
The Moving Average Convergence Divergence (MACD) shows the signal line above the MACD line, and the histogram is in the negative territory, which supports the bearish momentum seen in the price action and the Ichimoku Cloud indicators.
In summary, the current setup is leaning more bearish, with the price below the Ichimoku Cloud and pivot point supports. The symmetrical triangle pattern suggests a breakout is imminent. If I were trading this setup, I would watch for a decisive breakout from the triangle pattern and confirm it with other indicators such as the RSI and MACD before making a trade. If the price breaks above the triangle and the cloud, that would be a bullish signal, while a break below could see further downside movement. It's important to keep an eye on the volume to confirm the breakout's strength and look out for any potential false breakouts.
BITCION SELL ON DIPS A BIG DROP COMING !!!HELLO FRIENDS
As I can see BTC is now trading in downtrend dollar dxy showing a strength and we hope so it will drop till design levels as soon as this four hour makes a big red candle world will realize how Golden Forex Traders trade BTC and Commodities it's just a trade idea on the base of technical + Fundamentals share Ur thoughts with us we appreciate Ur support and comments.
Stay Tuned for more updates !!!!!
Bitcoin Bullish Fractal Bars Pattern To $100k, $155k, and $250kHere's a slightly different chart showing how Bitcoin will likelyt proceed quickly to $100k once we break the $70K triple-top resistance, which I see happening quickly.
With Fresh NASDAQ:IBIT money continuing to flow into Bitcoin and the markets, this market has plenty of rocket fuel on the sidelines to send this rocket into the stratosphere.
Not only does the previous cycle fractal pattern show how Bitcoin can hit these levels this cycle, it also overlays perfect (with minor adjusting) with the Fibonacci projections that correctly forecasted the prior cycle high at the Fib 3.618 level.
The 3.168 number for this cycle would be $210k but I think it's reasonable to overshoot that this time with all the money on the sidelines waiting to come in. We're already starting to see and hear rumors of Tesla buying, Qatar and potentially other sovereign wealth funds, even China.
How high will Bitcoin go this cycle? Here's a good roadmap for now.
But new information = new dedision.
I'll keep you updated.
What do you think?
BUY BITCOIN MORE AFTER RETRACE TO 60K$ !!!HELLO TRADERS
As i can see BTCUSD hit ATH and created a double top i am expected a weekly and month and daily its ATH now and in extreme Greed level now its good time to sell now till given buying levels and get minimum 9k pips on this trade... Friends we can buy BTC from given Strong support and hold till halving it can hit given Tps Grayscale Bitcoin Trust ETF ...
Fidelity Wise Origin Bitcoin Fund ... ARK 21Shares Bitcoin ETF ... Invesco Galaxy Bitcoin ETF ... all are buying BTC for future Friends its just a trade idea share Ur thoughts with us
Stay Tuned for more updates!
AVAXUSDT - Ascending Triangle, waiting to breakout#AVAXUSDT (4H CHART) Technical Analysis Update
AVAXUSDT is forming ascending triangle pattern and it's waiting to breakout the ascending triangle.
If the price momentum continues in the similar manner, we can expect the breakout in next 2-3 days.
We have a strong resistance at 37$ level.
Long Entry level: $ 37.88
Stop loss: below $ 34.75
Target 1: $ 40
Target 2: $ 43.3
Target 3: $ 46.8
Target 4: $ 50
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
#BTC LIQUIDATIONS COMING SOON !!!HELLO TRADERS ...
#BTCUSD has drop as we had sent predictions in our previous analysis on cup & Handle Shape based chart which is attached in comments
Dear traders weekly chart is showing us some rejection near weekly resistance which was last high of 2024 till now Iam still expecting some retracements and EFT will get some more selling pressure to help they buy cheaper BTC technically it is showing a rejection on broken support which was 42K$ a stronger $ can push the BTC more down to its new support zone lets see what markets bring to us. Friends its just a trade idea on base of technical analysis share Ur thoughts with us it help us alote
have look on Bull Trend analysis also in our profile zone tests also worked well from given levels till now but i am expecting more Drop if BTC does not hold above 44K next week.
Stay Tuned For more updates!
btcusd h4 30% correction target 32 000 usd🔸Hello traders, today let's review 4hourprice chart for BTCUSD and potential
reversal zones. We got a weak bounce in progress since we triggered fresh supply
zone near 46 000/47 000 usd, however limited upside as bulls will face strong overhead
resistances , therefore I still recommend to short sell rips/rallies.
🔸All the positive mid-term catalysts are already priced in the current market price,
there are no further catalysts until BTC halving later in April/May 2024. Therefore,
expecting 30% correction after the distribution stage complete later end of January /
Early February 2024.
🔸Currently we are trading at 42 600 usd, short-term bounces possible later near
40 000 usd, however limited upside going forward. Short-term traders might be
interested in accumulating near 40 000 usd for a TP near 45 000 /46 000 usd.
🔸Recommended strategy for position traders: Wait for the distribution sequence
to complete (final death pump), and short sell rips/rallies near 45 000 USD.
TP1 is 37 000 usd in FEB, 32 000 usd in April. Risk/reward clearly shifted in bears favor.
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BTC DOMINANCE READY TO FLY !!!HELLO TRADERS !!!
As i can see BTC.D has hold the strong support zone its time to load you bags for a new bull run rally after a small retrace EFT got approved and many big companies and banks are soon getting in this digital money system..... Its just an trade idea for incoming BTC rally Stay Tuned for more updates .............
BTC 4H neutral cum bearish scenarioBTC on H4 TF, still remains the same but the Weekly closing made a good push and given the close above the structural Resistance. But the thing is, Candle have a large wick on top of it, showing the selling pressure/ Rejection. Marketing is also showing some consolidation now, expected to reach the Major Support Zone now.
BTC/USD Idea - 25 November 2023 Hi everyone,
As you can see from this monthly chart, BTCUSD has been on an uptrend since the beginning of January 2023, forming a series of bullish candlesticks, consolidating between around 37,700K and 25K from April to mid of the year.
In general, I don't expect a direct rise in BTC/USD as I anticipate a drop to levels seen at the beginning of the year (around 13-15K).
Personally, I believe BTC will experience growth, but not directly and significantly. Currently, if the monthly bullish candlestick closes within the shaded monthly area, then I believe BTC could rise to the range of 43K to 46K to reach the resistance but afterwards, I foresee a drop to 13-15K.
Once the price reaches these levels and establishes some "history," I expect a strong uptrend in BTC from these zones.
No man's land between these two lines. Remember to take a breakBetween these two dates, things will get wonky. I did NOT say bearish! I said "W O N K Y", which means more uncertainty.
But ETH might do well though! Watch my stream to know more: www.tradingview.com
Follow me NOW for more ideas like this, and let me know in the comments , what pairs you want me to analyze using my UNIQUE, POWERFUL and INSANE combination of astrology and TA.
Cheers!
I said it will have to correct, didn't I?The fed's report came as "boring" and "predictable", and Bitcoin traders were like, it is OK for now. Let's take a little break (This is HEALTHY like I said before).
Lots of people are shorting now btw, but it won't last for long. Triggering news is coming soon (If you know me, you know I use astrology to predict the future).
Follow me to know when you should BUY!
**I saw lots of youtuber traders saying that a "rising wedge" is a bullish sign ... like what ?? I was scratching my head of why they did not run a 10 seconds search on google, or even asked chatgpt of what is the nature of "rising wedge" based on historical charts, before they "assume" it is bullish. Rising wedge is reversal sign during a bullish trend, and it is mostly attached to a bearish divergence!
Bitcoin, ready to enter with empty ordersBitcoin fell in a waterfall under the influence of market pessimism and news. The K-line once broke below 20,000, and the lowest reached the position of 19569. In the case of catharsis of bearish sentiment, the bulls did not resist and fell all the way. At present, although the bears are showing signs of slowing down, they began to rebound under the structure of the 5th and 10th moving average forming the support of the golden fork, but the strength of the rebound is still limited, so in the absence of obvious strong support below, you can't go against the trend in terms of operation, but you still have to conform to the trend and focus on the high altitude.
Operating strategy: Rebound to near 20700, empty orders enter the market
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
The prices of these coins will soar all the way in 2023
1. AI coins
ChatGPT is the next big thing because it can quickly solve difficult tasks.It has passed a major medical exam in the United States, cooperated with Microsoft, and is attracting competition from Google.
Therefore, crypto AI technology is booming, driving the bullish momentum of coins such as $FET, $AGIX,$GRT,$RNDR and several AI coins.
2. ZK Rollups
Ethereum stores global transaction data, but high gas fees make it difficult.ZK-rollups uses encryption tools to reduce the Ethereum blockchain space and expand the network.
This is a promising technology extensibility solution for Ethereum.
The following is a list of coins with ZK summary: $LRC,$IMX,$MINA,$MATIC will release the beta version of the zkEVM mainnet.
3. Mobile pledge tokens on decentralized pledge services
The SEC plans to ban pledge services in the United States, which has threatened the cryptocurrency pledge industry. Kraken was fined US300,000 and ordered to shut down its pledge service, and coinbase is also preparing to fight the SEC's crackdown.
Liquidity pledge tokens are on the rise, because decentralized pledge services may replace centralized platforms that may face bans in the United States.
The following are some coins that are bullish after the event: $LDO,$RPL and $ANKR.
4. Chinese coin Narrative
HongKong will officially legalize Crypto buying, selling and trading for all its citizens in 2023.This also includes institutions in mainland China.
As a result, Chinese currency is bullish.
LINA: Cross Chain Exchange from Hong Kong, Binance Launchpad
KEY: Enabling Crypto Payments in Hong Kong
MDT: Monetizing Data Coin from Hong Kong
ACH: Enabling Crypto Payments in Hong Kong
SAND: Building Hong Kong's Metaverse Backed by Animoca Brands
5. Bitcoin ordinal
According to coinmarketcap, the BTC ordinal number is "sats" or satoshis, which has been sorted and engraved with a piece of information, such as text or images.This piece of information makes sat unique and turns it into a de facto NFT.
In this kind of hype, what coins have soared?
Stacks' $STX token soared to a nine-month high of US1.0491 due to increased interest in Bitcoin NFT driven by the ordinal project.
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
BTCUSD to Top and Drop Late JanuaryA couple of roadmaps from the past few months copied and pasted over the current market. Both are in alignment with one another, indicating BTCUSD to potentially have a significant drop of 10% to 20% on Monday 30th Jan or Tuesday 31 Jan.
There are further roadmaps aligning on smaller time frames also indicating a potential high Monday/Tuesday.
Let's see how we go.