BTC Long Position Setup / (Volume Projection)BINANCE:BTCUSDT
COINBASE:BTCUSD
Mid-risk status: 4x-5x Leverage
Low-risk status: 2x-3x Leverage
If BTC closes above the yellow area
Price can retest 61K, then 63K and then 65K.🔼📈
⚡️TP:
On the chart
➡️SL:
On the chart
🧐The Alternate scenario:
🔴If the price stabilize below the trigger zone, and stabilize above resistance line, the setup will be cancelled.
Bitcoinlong
Bull Flag/Broadening Triangle hints Bullish CaseThe latest chart you've shared illustrates the bullish flag and descending broadening triangle pattern within a larger uptrend. If the bullish scenario plays out, the targets can be anticipated as follows:
1. Bullish Target 1 at $85,643 : A breakout from the current flag could lead Bitcoin towards this first major resistance level.
2. Bullish Target 2 at $102,304 : If momentum continues, the next resistance would be around the psychological $100K mark.
Bearish Scenario:
- If Bitcoin fails to break out from the flag, there could be a retest of the lower trendline:
- Bearish Target 1 at $55,567 : A drop to the 0.618 Fibonacci level.
- Bearish Target 2 at $44,714 : Further decline towards the 0.382 Fibonacci level.
- Bearish Target 3 at $38,000 : The lowest support in the broader descending channel.
This setup reflects both potential upside and downside risks, with key levels to watch for directional confirmation. Bitcoin's current position at $60,800 shows resilience, but the next few moves will be critical for determining whether it breaks above or retraces towards the lower targets.
#BTC Update, HODL!#BTC is holding strong above the July low, with lower liquidity from the FVG taken.
We're set for an upside move. However, expect some choppiness until the rate cut decision is announced.
Stay cautious, especially with leverage.
Invalidation: Close below $57,642
Let me know what you think in the comment section and do hit the like button.
Thank you
#PEACE
BTC Gearing Up: Ready to Soar Past Key ResistanceBitcoin has been contending with the 200 EMA for a while now, and the momentum is building. It’s primed to break out. The rocket is ready to launch, and I anticipate BTC will find support at $60,700. From there, it could bounce off that level, push through the $62,073 resistance which isn’t particularly strong, and make its way up to $64,727, where it may encounter significant resistance.
BITCOIN: Next Upward Movement May be ImminentBitcoin 61010 may have completed its approximately six-month consolidation phase. The next upward movement is likely imminent, and we could see the new all-time high within a few days.
Signal:
Green Background on high level time frames
Waiting for Green on 1st Ribbon, or a valid breakout at 61860
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
4hr EMA Cross about to happenWell, well, well, looks like we've got a potential 4-hour EMA crossover on our hands! 😄
Now, I know what you're thinking: "Bitfate, you magnificent TA, what does this all mean?" 🤔
In the world of technical analysis, an EMA (Exponential Moving Average) crossover is like a dance between two moving averages, where they waltz across each other in a chart. When a shorter-term EMA crosses above a longer-term EMA, it's often seen as a bullish signal, suggesting that the asset's price might be on the rise. Conversely, when the shorter-term EMA crosses below the longer-term EMA, it's like a warning sign that a bearish trend could be lurking around the corner.
So, when you say a 4-hour EMA crossover is about to happen, it means that the short-term EMA (usually calculated over a period of 4 hours) is getting ready to cross either above or below the longer-term EMA (often calculated over a longer period, like 20 or 50 hours). This could indicate a potential shift in the market's direction, and traders might be watching this crossover closely to make their next move.
But remember, my dear human, EMA crossovers are just one tool in the trader's toolbox. They're not a crystal ball that guarantees future price movements. The market can be as unpredictable as a cat with a laser pointer, so it's always wise to consider other factors and use a combination of tools to make informed decisions.
So, keep an eye on that 4-hour EMA crossover, but don't forget to enjoy the show! 🎉
$BTC | Buy Trade 1D | Buy Limit |Technical Confluences:
- Price action is condolidating at the mid of downward parallel channel
- Targeting the price action to move towards the area of resistances (Interest Zones, Lower-Bound of Parallel Channel, Horizontal Trendline & 50% Fibo Retracement level)
- Elliot Wave 4 completed or will it extend and then, aim for the 100% Fibo Extension line @ 93,359 to complete Wave 5
Fundamental Confluences:
- It's Bitcoin; it can go to whatever level it wants.
- Many disagree and feel it will replace fiat. IMO, not in the near term and it will be many more moons before it happens. In the meantime, it's my speculative asset, Lol.
- As the world embraces more of the blockchain adoption, Bitcoin hype will still remain.
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CRYPTOCAP:BTC orders set at the Buy Limit zones. Patiently waiting.
Remember, DYOR.
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If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
BTC target 132,0001D time frame
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TP: $109,807 / $132,000
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(1) So far, bull is still running, and the crazy surge hasn't started yet
(2) Three effective supports based on Fibonacci, $51506, $44626 and $37746
(3) Three supports correspond to three 1st target, $109807, $102927, and $96047
(4) At least test $49000 one more time
(5) Better to DCA while dumping again, until hitting $37746
(6) $13200 is the final target which applied for all supports
Bitcoin Rises Above Key Levels, Eyes All-Time HighBitcoin has bounced back, moving past important support levels and the 200-day Exponential Moving Average (EMA). Analysts predict a small drop in the short term, which could be a good time to buy before Bitcoin resumes its upward climb. Many believe Bitcoin will soon reach or even exceed its highest price ever, signaling a positive trend in the cryptocurrency market.
BTCUSDT (1D Chart) Technical analysis
BTCUSDT (1D Chart) Currently trading at $62800
Buy level: Above $60700
Stop loss: Below $55500
TP1: $63800
TP2: $65000
TP3: $68000
TP4: $70000
Max Leverage 3x
Always keep Stop loss
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Bitcoin Loong!This coin has been forming a falling flag for the past few days. Considering that the price tested the lower trend and bounced back, there might be a bullish impulse. I anticipate that the bulish momentum will go on and retest the upper trendline at 70000.
Entry point - 60000
SL - 56000
Take Profit - 69000
LONG (short-term) possibilities on BitcoinHi fellow traders,
We broke the important 60k level, I'm taking an option for a LONG position. But only for the right price.
Stoploss right below our demand zone and take-profit level just underneath the next serious supply zone. Somewhere in the middle we have some resistance at 61,500 could be a possibility to take some profits or when it's crushed to add to the position.
Happy trading ^^
BTC is filling the CME Gap. Bullish or Bearish?Hello Traders,
In this video, I dive deep into the current market landscape, focusing on several key aspects that are crucial for developing our trading strategies. First, we'll discuss the CME Gap and explore how this gap might influence market movements.
Next, we take a closer look at the trend direction and analyze how it has evolved in recent days and what it could mean for upcoming trading opportunities. I'll show you how to identify the trend and incorporate it into your strategy.
Another essential topic we'll cover is confirmations: I'll explain how to ensure that your trade is on solid ground and how to avoid unnecessary risks.
Finally, I present two different trade ideas and share my expectations for these setups. You'll learn about the scenarios I envision and how I plan to respond to various market developments.
Join me as we delve into chart analysis and learn how to apply this information to your own trades!
DON'T LOSE HOPE: BTC LOVES DecembersOver the past few years, BTC has shows affinity for Decembers.
If you've been following for a while, you'll know I've been on about this "multi-month" cycle that eventually leads to another BTC ATH before the bearish cycle starts.
And it's been exactly that - a mulltimoth period of sideways trading and corrections. However, considering how BTC usually increases in Decembers I'm inclined to say we may yet see our final ATH in the last quarter of the year; specifically towards the end of the year.
Currently in the 4h, we can see a strong V-shaped recovery after a dip to 49 000.
The dip doesn't bother me in the least bit, because this is the original target I had from Elliot Wave analysis months ago:
We're still making higher lows, and even if we trade just over and under 60K for a period I will sleep easy.
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BINANCE:BTCUSDT
BITCOIN - looks like a perfect buying oppurtunityBITCOIN seems bottomed in weekly chart.
looks like the oppurtunity before the pervious bullrun after COVID crash
it rebound so will about 15% after hit the lower side of descending broading wedge pattern with maintaing the 0.786 fibo level, 50 ema
this analysis will updated regularly so follow us to get those updates.
best regards ceciliones🎯
Alt Coin Holders are about to become RICH! ALT SEASONBitcoin dominance is topping out and is ready to shed dominance across the market!
Expect a hard drop! If the bottom of the wedge is broken then we can expect a major alt cycle!
I hope you're READY because alt coins are where the BIG MONEY will be made!
Use non-kyc exchange TradeOgre, here is my list of coins to accumulate now!
GHOST DAG Coins / $:CAS $:NXL $:SDR $:NTL $:HTN / Tickers are not on trading view
All coins across the market will rally together when the dominance melts! My eyes are set on projects that utilize Ghost DAG, Similar to $KASPA