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Bitcoinusd

BTC tricky last week, but still looking to short..why?Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. As of last post, i was bias to go short on BTC but the moved before the collapse was tricky. I only did so later on in the drop. Decent still. As for now,watching for pullback , will be watching for change of structure etc before initiating shorts. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
ICMARKETS:BTCUSDShort
by Shadowing_The_Big_Boys
BTC PA Model- i usually don't speak much when i don't see anything. - Right now we can just speculate on some scenarios. - so you can just imagine those scenarios with the figure i drew ( ending Diamond ) - you can notice some H&S and a big inversed H&S in the middle of graph. - BTC volatily is still low ( around 15ish) - i didn't find any convincing divergences yet. - The PA range have been respected almost perfectly. - it seems like a consolidation between 60 to 70k+. - BTC tried to break 70k++, 5 Times exactly. - Soon or later a breakout will happen ( next could be 85k$ ish ) - Halving is still young and the decoupling not yet started. - if we dip under 60k. - 50k is next small support. - 40k is a strong support. - very simple. - There's a time for trading and a time for waiting. Happy Tr4Ding!
BINANCE:BTCUSD
by thecryer
8
BITCOIN ( UNDER TURNING LEVEL ) ( 4H )BITCOIN HELLO TRADER S Tendency the price trade below turning level at 56,752 , indicates is under bearish pressure TURNING LEVEL : a blue line between resistance and support level around 56,752 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level RESISTANCE LEVEL : there is a black line around 59,383 , indicates selling have already increase this level , so if the price breaking turning level reach this level SUPPORT LEVEL : there is a red line below turning level around 54,488 , indicates buying have already increase this level , so if the price stable below turning level reach this level PRICE MOVEMENT : first the price will trying to rising a turning level around 56,752 , after dropping to the support level around 54,488 , then stable below this level reach 52,454 , if the price breaking turning level reach a resistance level by 59,383 , then stabilizing above this level reach a 63,383 TARGET LEVEL : RESISTANCE LEVEL : 59,383 , 63,383 SUPPORT LEVEL : 54,488 , 52,454
BITSTAMP:BTCUSDShort
by ArinaKarayi
1
Bitcoin for long-term📈 **Analysis of EZ7_strategy** 🏆 In this comprehensive review, I have meticulously examined the confirmations provided by my trading strategy (based on price action) and have drawn the following conclusions. 1. The initial analysis suggests patiently awaiting the attainment of the channel ceiling, with a subsequent observation of an overbought condition in the RSI zone at the critical price point of $53,256. ⌛️ 2. The secondary analysis revolves around reaching the support floor at $28,580, serving as the primary support level, strategically aligned with the breaking zone of the bullish area at $28,580. 🎖️ 3. There exists a 50% probability of Bitcoin touching the price level of $18,387, introducing an element of uncertainty in the market dynamics. ✨ 4. Our primary target for resistance lies at the $64,485 level, with the secondary target closely aligned with the termination point of the second logarithmic function, reaching $80,000. 🚀 By leveraging these insights, investors can make informed decisions not only in Bitcoin but also in other cryptocurrencies. 🙏 Your support through likes and comments is crucial, empowering me to provide you with more refined and insightful ideas. ❤️🚀
Long
by ehsancrypto72
4
Current Bitcoin SituationBitcoin has a massive bearish structure within this three month consolidation range. This structures targets are 60k and 57k, however if 60k were to be broken we'd be confident in far lower prices than 57k. Having said that, there is hope. Bitcoin can reverse at the 50% retracement level - $64,300 - to complete a bullish 5-0 pattern. In this scenario it would also hold the last support before 60k and pivot to all time highs. To play the bullish 5-0 you will need to monitor price action carefully and wait for some signal candles around this support. We are longing this and have already started building a position in the zone. Why is our current bias long? - Have to take a shot now as this is one of the last defences for Bitcoin to remain mid term bullish. - Volume buying at this level seems to be good so far. - Mining companies are performing very well and the bullish structures are playing out. They led the way last time. - Alts are getting absolutely destroyed, they will need to bounce and cool off soon, BTC pumping will do that. Why are we cautious - Total 2 & 3 technical structures are broken, we are definitely mid term bearish on those as there is no argument for higher prices, for now. - Indicators are not showing any bullish divergence or signs of reversing. - We are bearish on most alts and the market as a whole. Overall Takeaway We are going to long bitcoin around this level looking for the 5-0 and support to hold, if it doesn't we expect 60k to be hit pretty quickly. 60k is the last line of defence before another steeper drop and a massive break of structure that could result in a mid term bear market - which the alts are in already.
COINBASE:BTCUSDLong
by SynergyTradingSetups
6
A very magical panoramic view of the Bitcoin cycle. A very magical panoramic view of the Bitcoin cycle. We can see that since Bitcoin began trading in the secondary market in 2010, three complete bull-bear cycles have been formed. Each bull market lasts about 152 weeks, and each bear market lasts about 52 weeks, that is, three years of bull market and one year of bear market. With the growth of the number of users and market value, the increase is smaller in each round. According to the previous three cycles, the end time of this bull market is late October 2025, so how high will it rise? Welcome to discuss.
BNC:BLX
by MercuryYoung
BITCOIN ( UNDER BULLISH PRESSURE ) ( 4H )BITCOIN HELLO TRADER S Tendency the price it will trying to reach a resistance trendline , indicates the price is under bullish pressure TREDN ANALYSIS : yesterday the price closer resistance trendline after dropping to closer support trendline , today the price it will trying again to reach resistance trendline TURNING LEVEL : a black line around 58,985 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level RESISTANCE LEVEL : there is a blue line around 62,475 , indicates selling have already increase this level , so if the price stable above turning level reach this level SUPPORT LEVEL : there is a red line below turning level around 57,363, indicates buying have already increase this level , so if the price breaking turning level reach this level PRICE MOVEMENT : as long as the price trade above turning level at 58,985 , reach a resistance level at 62,475 , then stable this level reach a 64,136 , if the price breaking turning level reach a support level at 57,363 , then stable below this level touch a 55,767 TARGET LEVEL : RESISTANCE LEVEL : 62,475 , 64,136 SUPPORT LEVEL : 57,363 , 55,767
BITSTAMP:BTCUSDLong
by ArinaKarayi
Bitcoin Failing To PumpHey guys, It looks like Bitcoin had its little pump from $60K to GETTEX:64K but now it appears that it can't hold up the price. It keep making lower highs in the short term and the signals look pretty bearish right now. The MACD has a green dot on the daily but all other smaller time frames are rather bearish. Things can get volatile so we might see some pumps and dumps while the price consolidates. This could go on for another month or two yet before we see the price making a clear direction in the upward trajectory in October. I'm looking at Bitcoin falling to $58,500 before we do a bit of sideways action with a positive twist. If you agree with my thoughts please boost and subscribe! When you need to decide. Let your heart be the guide.
BITSTAMP:BTCUSD
by EliteSignals
BTC/USDT Outlook ICT Concepts💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on BTC/USDT, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 📉 Market Movement Overview Based on the chart, we can observe several significant movements towards the sell-side liquidity below. Currently, we also see an SMT ( Smart Money Technique ) at the lows compared to Ethereum , which is a bullish indication for us despite any existing order confluences. Additionally, the formation of an Inversion Fair Value Gap ( FVG ) after the SMT further supports the bullish outlook. 📈 Bullish SMT Explained To clarify, SMT in this context occurs when Bitcoin makes a low followed by a lower low, while Ethereum makes a low followed by a higher low. This divergence is known as a Bullish SMT and signals that there is buying interest, particularly from smart money, in the market. 🐻 Bearish Scenario Consideration: However, there is also a Bearish Fair Value Gap ( FVG ) in play, which has elicited a reaction in the market. This gap indicates areas where selling pressure was dominant, and the price may revisit these levels to address the inefficiencies left behind. The reaction to this bearish FVG, coupled with an SMT at the highs—where Bitcoin makes a high followed by a higher high, while Ethereum makes a high followed by a lower high—suggests a bearish signal. This SMT at the highs reflects divergence and hints at potential exhaustion of the upward movement. ⏰ 1-Hour Timeframe Analysis 📊 Market Outlook Overall, the market condition is currently neutral but leans towards being bullish. It is essential to seek confirmation from both lower and higher time frames before executing any positions. Monitoring multiple time frames allows traders to identify the dominant trend and potential reversals, ensuring a more informed decision-making process. Keep in mind that while the immediate signals are mixed, the broader context appears slightly bullish, but caution is advised until further confirmations are obtained. 🙏 Thank you for joining us! Exploring BTC/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
3
60k is a key level...went down and had strong buys...Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watch this level, bias is still on the down side..but if things changes we might see some bounce .. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
ICMARKETS:BTCUSDShort
by Shadowing_The_Big_Boys
Back at the 100x longIt looks like btc is bouncing off key support at 56500-59500 usd. Key resistance is now at 72-74k. It has stayed in this trend from going in between these zones since late February (last 4 months). The RSI was also oversold at both 4H and daily. We are now looking for the MACD to flip bullish at higher timeframes 4H-1D (it is already bullish at 1H). When btc confirmed support (looking to at least get a bounce) and broke out of the downward sloping trend. I went in with a 100x long. The trade has been made risk free and I will move my stop loss into more profits (usually under the last bottom) as prices keep rising. Btc and the S&P500 index is also related and the S&P500 index is reversing and has some nasty gaps to fill. I predict that this index will get a correction of at least 7%. This is bullish for bitcoin! But let me tell more about the current trade. The worst possible scenario at the time of writing is that I get a 152% ROI and the best that can happen is that I make a 2000% ROI. This is a good position to be in if you ask me. I will make money regardless!
Long
by Madmantrades
2
Bitcoin: June 26th, 2024Hello dear traders. In this post, I am going to provide my thought process and a thorough analysis regarding Bitcoin and where we stand. First and foremost, let me be unequivocally clear that I am bullish, and I am going to provide the invalidation for my bullish bias, and also where my bullish bias will be ever more valid. Firstly, if you take a look at the HTF chart i.e. weekly and biweekly, you will see that price is respecting a major support level that used to be resistance (the grey rectangle). Price deviated twice above the box in the previous cycle and then the trend began with clear signs of rejection from the box. As long as we have no acceptance below the box, I am bullish. Acceptance for me will be a formidable candle slicing through the zone and then closing and finally spending time below the zone while showing signs of rejection. If we close a strong daily candle below it, I will exit my longs. Plus, the quarterly candle is retesting the previous resistance. However, the 2M candle is exhibiting mixed signals, but overall it can be seen as a form of retest too (These charts will be posted in comments section for study purposes). Now that we got the higher timeframe out of the way, let's focus on the daily. In the daily, one thing is definite: Price is range-bound above the previous resistance. What can further validate longs? Firstly a move above 63K - 64K. In other words, a move above the anchored VWAP and VAL. This will definitely be a positive step for longs. What will be absolutely bullish? A reclaim of 66K - 67K. That is to say a reclaim of the GP of the move down, POC of the range, and the mid-range. Considering the major VWAP charts (You can find the charts in the comment section), 66K is previous quarterly VAH. 62300 is current quarterly VAL. Also, 65600 is the current quarterly VWAP. In the monthly, 63500 is the current monthly VAL, and the current monthly VWAP is at 66600. Moreover, the previous monthly VWAP is at 64600. What do all of these mean? The same conclusions we made. Reclaim 63K - 64K and we have taken a firmly positive step. Reclaim 66K - 67K and and we are absolutely bullish. I use these metrics to draw conclusions, and they all point to the same results. My preference is a monthly close above 63K. You can find the charts in the comments section, and if you find this analysis useful, please smash the like button and share it. It goes without saying that this is my take on the current situation of the market and none of this financial advice, and I hope that this information translates into meaningful action for you. Good luck!
COINBASE:BTCUSDLong
by Trader_Nebula
BITCOIN ( BULLISH ) ( 4H )BITCOIN HELLO TRADERS TODAY, the price stable turning level , price of the bitcoin will attempt to touch a support trendline Tendency the price is a bullish pressure in 60,195 TURNING LEVEL : the price turning level at 60,195 , price braking below this level it becomes reach a support level , but if stable above this level active bullish area RESISTANCE LEVEL: if the price stable above turning level at 60,195 , the price will rise to 62,677 and 64,089 , stable this level reach to 66,529 SUPPORT LEVEL : the price breaking turning level 60,979 , it will reach the support level of 57,390, stable this level reach to 55,740 CORRECTIVE LEVEL : price will 60,195 , correct itself before long ------------------------------ * Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍
BITSTAMP:BTCUSDLong
by ArinaKarayi