BTC STUBBORN RETESTTitle says it all, after almost a month of sideways action I am still expecting one more restest in BTC before we take off into the stratosphere again
Bitcointrading
BTCUSD: buy, target 28500-28800
I published an article on Bitcoin transactions earlier, with the target above 40,000, interested friends can read it.
In terms of trading today, I think it is still dominated by bulls.
📣 BTC/USD Quick Update: A Look at the Bigger Picture 📣Hey #Crypto enthusiasts! 👋 Before we dive into other markets, let's have a quick update on BTC/USD. We're now in the 3rd week of consolidation, so it's crucial to take a step back and consider the bigger picture. 🌅
🔍 Looking at the weekly chart, we can identify some key levels that may come into play once price breaks out with momentum and direction. 📈
🔐 Immediate Levels:
Resistance: £30,000 - £32,000
Support: £25,300 - £24,800
🔐 Beyond Immediate Levels:
Support: Just above £22,000
Resistance: £35,000
Keep these levels in mind as you navigate the crypto market, and adjust your strategy accordingly. 🧭
Stay tuned for more updates and insights into other markets. As always, remember to trade safely! 🛡️
#BTCUSD #BitcoinTrading #BiggerPicture #CryptoMarket #TradingLevels #Consolidation
Long trade Plan (SL hunting trade)
Too many shorts are open at Resistance Level.
If we get this entry will ride in SL hinting Candle...
Coz of Weekend market will be in Range so will book our profit in SL hunting Move
bitcoin trendThe target is more likely to hit the bottom of the bullish channel after several swings
btc update sent out signal hello tradrs hope bitcoin paid well today i have sent out the signal more coming like this
BTCUSD Bearish Cross ahead. Potential for 25500.BTCUSD is very close to printing a Sell Cross of MA50-100 (4h). This has been consistent with sell opportunities in February and March.
Unless the Rising Resistance breaks, a pull back to the MA200 (4h) is more probable.
Trading Plan:
1. Sell on the current market price as the Sell Cross is pending and we need to be ahead of the price action.
Targets:
1. 25500 (MA200 4h).
Tips:
1. The RSI (4h) is under a Falling Resistance, which is the same Bearish Divergence that led to the February 9th and March 10th bottoms.
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$25,300 Bitcoin before $30,000 Bitcoin..?Been a while..
I reckon most people expecting 30k now but there's lots of selling pressure at 29k so its likely we could drop to 25k to generate enough liquidity to break back up to 29/30k levels..
Unless we break out of this range to the upside I think we could see 25.5k* coming
📣 Weekend Key Levels for BTC/USD 📣Hey there, #Crypto enthusiasts! 👋 Ready for a rollercoaster ride this weekend? 🎢 Here are the key levels to watch for #Bitcoin against the US Dollar. 📈 Make sure to check the accompanying chart image for a visual breakdown! 🔍
✅ Support Levels:
1️⃣ S1: £28,200 - The first line of defence. A break below could signal a short-term downtrend.
2️⃣ S2: £27,600 - Stronger support lies here. Watch for a potential bounce.
❌ Resistance Levels:
1️⃣ R1: £28,800 - First target for the bulls. A break above could open doors for more gains.
2️⃣ R2: £29,200 - A key resistance zone. Keep a close eye as it could prove tough for the bulls.
Remember, crypto trading can be volatile! 💥 So keep your risk management in check, and don't forget to set stop losses. Trade safely, and may the odds be ever in your favour! 🍀
Hit the like button if you find these levels helpful, and don't forget to share with fellow traders! 👍💬
#BTCUSD #BitcoinTrading #WeekendTrading #CryptoMarket #TradingLevels
BITCOIN ENTRY ZONEGOOD DAY traders.....i think our zone on 24365.30 would be a good entry on bitcoin because the market broke out of our downtrend and gave us a reverse head&shoulder pattern.i will be putting the little money that i have in hopes that it reaches all time high. Note that this is not a financial advise it is just my idea. do your own research i am just trying to escape the matrix just like you.goodluck!!! see you at the top!!
xrpusdt possible buying opportunities hey everyone, here for xrpusdt i am waiting for a break and a retest / rejection of the break out area
so this trade is not a trade idea but perhaps a potential trade idea if price action does exactly what we're looking for it to do!
Disclaimer - past profits don't guarantee future results trading is risky and you can loose 100% of your trading account balance
Information shared is for educational and demo purposes only!
love to hear some feed back, drop me some comments and show some love!!!
35k Is coming? #BTC Will continue to Upper edge of the channel?a simple law has said: when trend breaks up/down a channel. certainly, it goes up/down in another parallel channel which is equal to the first channel.
hence it is mostly probable for bitcoin to reach the upper edge of the second channel.
35k Is coming? #BTC Will continue to Upper edge of the second channel?
BTCUSDT INSIDE DAY, FOMC NEWS UPDATE!BTCUSDT 1D,
The price of bitcoin has formed a specific direction on the daily timeframe, the thing is that you don't see a reversal immediately, before reversal we either go sideways and form balance OR we form inside day pattern like we currently witness.
What is inside day?: As you can see, a whole daily candle without breaking lowest low/highest high of the day before it, the candle is inside of that resistance and support. Knowing that there is FOMC news today there could be 2 possibilities 50% / 50%, if we go for a higher high and close we will continue to the upside, if we close below there could be a possibility of continuing to the downside. MOSTLY if in the next day we go for another lower low candle.
BTCUSDT WEEKLY IMPORTANT CHARTBTCUSDT 1W,
Do you see these two weekly resistances from above? They are very strong, mostly the $30,000 one. The thing is that the 30K one is very predictable by the majority of people, and if there's one thing that I have learned from trading is that you don't go with the majority, because they lose. We could see a pullback from the 30K but we might also see manipulation and a fake-out that will take us above the predicted level, which will make people greed and long more, once we reach the 31K weekly we go for a correction, let's see how it goes. We will keep you updated.
Bitcoin Possible bullish ScenarioBitcoin Possible bullish Scenario, Price may go up and touch 100 weekly Moving Avg(MA). also it can go little higher then we can expect some consolidation and pull back to 0.6 fib level.Thanks
The price of Bitcoin has soared driven by market optimismLast Friday, Bitcoin fell to US 19,569. How desperate the market was at that time, and how enthusiastic it is now. In just one week, the Bitcoin market has undergone a shocking reversal, breaking through the previous high in one fell swoop and reaching above US 27,000.
In terms of daily structure, Bitcoin has broken the previous horizontal pressure level. At this stage, it is in a vacuum zone. Bitcoin price analysis has been slowly rising since the beginning of this week, and more buying pressure has been observed in the market. Pressure.As tokens are supported by strong buying pressure and good technical prospects, market sentiment remains optimistic, and the bullish momentum is expected to continue, with the next level of pressure around 30,000.
From the four-hour level, it can be seen that the last downward pullback was at the position of 0.382. Next, I think the possibility of constructing an equidistant ABCD is very large. As shown in the figure, Point D is far from being reached. The rise in the past two days has formed a complete breakthrough in the previous chip-intensive area. If there is a pullback in a short period of time, I think the pullback may as well be an opportunity to participate in long-term.
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BTC RALLY DUMPBitcoin has formed RALLY DUMP scenario, expecting to see reversal soon which is already happening, I believe that the entries for shorts hasn't been picked fully yet, we need to go up in-order to grab more liquidity for shorts in-order to be able to have a chance to destroy the people who are trying to catch up in the market, for that we need to fill the entries of RALLY DUMP scenario around the price of 25384 - 26K, where we also have got a 0.618 Fibonacci. I believe that the first target would be around 24455, the second Target would be around 22500 - 22189 where we will be placing longs from there.
#Bitcoin Reversal SignBitcoin has given a reversal sign. We see an inverse head and shoulders. $35 000 is the potential target.
