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Bitcoinusdt

BTC: Ascending Triangle BreakoutBitcoin (BTC) technical analysis: Trade setup : Bullish breakout from an Ascending Triangle pattern (above $45K resistance) indicates that buyers have now absorbed supply from sellers around this key level and price is ready to resume its Uptrend, with upside potential to $50K. Stop Loss (SL) level at $43,500 (just below support). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $38K (previous resistance), then $35K. The nearest Resistance Zone is $45K, which it broke, then $50K.
Long
by altFINS
1
BTC: Ascending Triangle BreakoutTrade setup : Bullish breakout from an Ascending Triangle pattern, above $45K resistance, indicates that buyers have now absorbed supply from sellers around this key level and price is ready to resume its Uptrend, with upside to $50K. Stop Loss (SL) level at $41,300 (just below the prior swing low). Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $38K (previous resistance), then $35K. The nearest Resistance Zone is $45K, then $50K.
Long
by altFINS
BTC: Approaching ResistanceTrade setup : Following a bullish breakout from an Ascending Triangle pattern, above $38K resistance, price has reached $45K resistance area again. Now we wait for price to either 1) break above $45K resistance to signal continuation of Uptrend, with upside to $50K, or 2) pull back near $38K support for a swing trade entry with upside to $45K near-term and $50K medium-term. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $38K (previous resistance), then $35K. The nearest Resistance Zone is $45K, then $50K.
Long
by altFINS
Bitcoin on december and next year 2024Hello traders, i have very freaky ideas about bitcoinas follow: If bitcoin can not exceed 40000$ for next few weeks we will see a big dump to 10000$. Im writing this to think and consider probability about unthinkable cases that any trader may face just be ready for everythings. Big short Sl:40000 Tp for long term: 10000 Period of time that this analysis stand: 6 weeks most after that if it can not break 40000 or fall bellow 31000 it s going range for long time. Be profitable.
BINANCE:BTCUSDShort
by hossein198
5
BTC: Approaching ResistanceTrade setup : Following a bullish breakout from an Ascending Triangle pattern, above $38K resistance, price has reached $45K resistance area again. Now we wait for price to either 1) break above $45K resistance to signal continuation of Uptrend, with upside to $50K, or 2) pull back near $38K support for a swing trade entry with upside to $45K near-term and $50K medium-term. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $38K (previous resistance), then $35K. The nearest Resistance Zone is $45K, then $50K.
Long
by altFINS
1
BITCOIN: STILL HOLDING ON.Bitcoin is currently maintaining support around the $43,000 level, but the uncertainty in the market raises questions about how long this support-resistance pattern will persist. As we approach the end of the year, here are some key observations providing insights into the potential upcoming movement: 1. In early December, Bitcoin faced resistance at $44,000 and experienced a subsequent decline to $40,000 (-10%). We can see the same struggle at present. 2. The Relative Strength Index (RSI) is showing signs of losing momentum, suggesting a bearish sentiment. 3. The USDT Dominance remains firmly supported at 5.6%. 4. To signal a bullish trend, Bitcoin needs to successfully close above the $44,400 resistance in the daily timeframe. In conclusion, considering the approaching Christmas Eve, which coincides with the weekly close, it is advisable to reduce trading stress meaning 'No leveraged positions', and enjoy your Christmas with friends and family. We will be posting updates related to the market so keep your notifications turned on. Happy holidays. Regards, Team Dexter.
BINANCE:BTCUSD
by Dexter_The_Trader
4
BTC: Pullback in UptrendTrade setup : Bullish breakout from an Ascending Triangle pattern, above $38K resistance, signaled resumption of uptrend. Price got overbought (RSI > 80!) near $45K resistance area and we’re seeing some profit taking by traders. Now we wait for price to either 1) break above $45K resistance to signal continuation of Uptrend, with upside to $50K, or 2) pull back near $38K support for a swing trade entry with upside to $45K near-term and $50K medium-term. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $38K (previous resistance), then $35K. The nearest Resistance Zone is FWB:42K , then $45K.
Long
by altFINS
1
#BTC/USDT#BTC Bitcoin price is still moving in the Side channel it is expected to walk through. Price now 38088 $ The price is expected to bounce to the lower border of that channel at the price of 28,329 and bounce from it in the channel's income for a period of time before completing the rise by breaking that occasional channel to the level of 68,000 What I expect next Between Jan to March 2024 Until then, the price is expected to respect those accidental powers. Place buy and sell orders with Stop Loss Take advantage of rebound zones, whether up or down I wish you a happy trade.
Short
by CryptoAnalystSignal
7
BTC: Pullback in UptrendBitcoin (BTC) technical analysis: Trade setup: Bullish breakout from an Ascending Triangle pattern, above $38K resistance, signaled resumption of uptrend. Price got overbought (RSI > 80!) near $45K resistance area and we’re seeing some profit taking by traders. Pullback near $38K support could be a swing trade entry with upside to $45K near-term and $50K medium-term. Pattern: Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Trend: Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance: Nearest Support Zone is $38K (previous resistance), then $35K. The nearest Resistance Zone is FWB:42K , then $45K.
Long
by altFINS
1
BTC: Ascending Triangle BreakoutBitcoin (BTC) technical analysis: Trade setup : Bullish breakout from an Ascending Triangle pattern, above $38K resistance, signals resumption of uptrend with upside to $45K near-term and $50K medium-term. Price is getting overbought (RSI > 80!) and we could see some consolidation around $45K resistance area before continuing its upward path. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $38K (previous resistance), then $35K. The nearest Resistance Zone is FWB:42K , which it broke, then $45K.
Long
by altFINS
4
Story about Bitcoin BTC price route map for the coming monthsGalleon ships called "Big Money" are increasingly openly entering the vast and boundless ocean of the cryptocurrency market. To fill their holds with gold and spices crypto assets, they need to manipulate the market a bit, and they have the resources to do so. The largest liquidity that is instantly "poured in" is hidden behind the breaking of stop orders. Yesterday, the last portion of stop orders on small long positions that had been accumulating for more than 3 weeks in the consolidation of $30-31k were broken. In addition to providing an instant large portion of liquidity, breaking stops also has another function - knocking competitors out of their positions . Without "extra passengers," it's easier to move the price in the right direction, because no one will record profits in places MM doesn't need and thus slow down the price movement. Therefore, we think that MMs have started an expedition in search of resources with a confusing route called "the Big Saw" . It is very likely that sharp trend reversals will occur in the most unexpected places, when euphoric moods such as: well, price has come out of consolidation, now it's definitely "to the mooon", or all is lost "crypto scam". Let's try to predict what kind of navigation map "Big Money" has drawn for itself: since yesterday the price of BTCUSDT was not allowed to gain a foothold below $29500, we assume that at least for the next week, the price is expected to move north, towards $32500 then on July 26, the announcement of the new Fed rate, which is expected to rise by +0.25%. This event may become a trigger for a more thorough correction in the crypto market. Further breakout of the purple trend line, which has been in place since early 2023. On the market starts to feel negative, that "everything is lost" - we fall by $20-10-5 thousand per BTC, panic is a terrible thing. But as soon as a large number of coins are sold and liquidated under the fear of "losing everything," MM can easily reverse the trend upward. We assume that this can happen around $27300. Moving upward, the BTCUSDT price begins to consolidate above $30 thousand, then above $31 thousand, and then the FOMO of small money is activated: we have been deceived, we need to buy now and immediately, after all, "to the mooon" will be. Thus, updating the annual highs of the BTC price is possible, but growth will slow down, because on increased trading volumes that can disperse by"small money", "big money" there will be a good chance to fix at least part of the profit. And in the region of $34000-34200, a fairly deep and powerful correction in the crypto market may begin. But be that as it may, we don't see the BTCUSD price falling below $24000 even in the most pessimistic forecasts by the end of 2023. In general, it is worth remembering that in 9 months, BTC will have "the halving". Roughly speaking, the cost of one mined BTC will double. Now the weighted average cost of one mined Bitcoin is more than $20 thousand. So in the long run, everything will be fine!) Disclaimer: All characters and events described are fictional. Any coincidence with real people or events is a coincidence :) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
46