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Bitcoinusdt

BTC: Ascending TriangleTrade setup : Bullish breakout from an Ascending Triangle pattern, above $38K resistance, signals resumption of uptrend with upside to $40K near-term. Stop Loss at $36.7K (most recent swing low). 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 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 $35K (previous resistance), then $32K. The nearest Resistance Zone is $38K, which it broke, then $40K.
Long
by altFINS
Bitcoin BTC price trading plan for the coming monthsFor more than 2 weeks, we have been observing that despite the almost perfect development of our ideas, the number of likes and comments under them has decreased. Do you not like the content presentation or do our ideas not coincide with your thoughts on the future of the crypto market?) Please write about it in the comments below the idea... Since you didn't like our ideas for BTCUSD on smaller time frames: We suggest you familiarize yourself with our thoughts on a longer timeframe. Let's assume that the global reversal on the BTCUSDT price chart will occur precisely because of "Inverted Head and Shoulders" pattern We are considering a possible buying of Bitcoin for a medium- and long-term investment in the range of $18700-19800 in the second half of March. We also remind you that the second and third decades of March will be dotted with publications of US macroeconomic indicators (CPI, Fed rate, etc), so the markets will be volatile. At the same time, in March, they promise to start paying 140+ thousand BTC as compensation after the theft on MtGox. Although these payments are postponed from year to year, they will happen sooner or later. And if at least some of them want to make a profit, it will put a lot of pressure on the BTC price and the crypto market in general. The medium-term growth target, according to the"Inverted Head and Shoulders" pattern, is in the region of $40,000 - $41,000. We would also like to remind you of our ideas from last year: Bitcoin & Cryptocurrency results of 2022 and plans for 2023-2025 🔥 How much can the Crypto market capitalization grow by 2025 🔥 As you can see, we think the potential for growth in the coming years is going to be phenomenal. What do you think, which coins will grow the best? AI, WEB3, NFT, DeFi? Share your thoughts in the comments below the idea! Perhaps you are following a specific project, then write a ticker in the comments, if we see prospects in it, we will definitely publish an idea for it. Have a great weekend to all!) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
77
BTCUSDTThis is a 4H frame analysis for BTCUSDT Currently, the price is below our first resistance line and has attempted several times to break this static region and establish itself above it, which has been unsuccessful. On the 1-day timeframe, we cannot see any upward momentum and the candles are not currently indicating any upward movement, however, we can remain hopeful that the price can move up again. Keep in mind that if the price hits its support too hard and is unable to move up, its support may be lost, so trade cautiously. Also, keep in mind that if the price fully penetrates the support line and establishes itself, it can move to even lower numbers, such as $19,560.
by MarsSignals
4
BTCUSDT - 17/09/2023The weekend for BTC is essentially a trap. People get bored, they get into trades, place their stop losses at the recent high/low and eventually get stopped out, most of the times on both sides, long and short. A variant of the TR Pocket Fib consists of drawing it from the Saturday's high to its low, referring to UTC+0 timezone and after that I will then look at current market conditions to determine which entries are most likely to happen. This Sunday I believe we can actually get a trade from all 4 levels or 2 at least because I think it's most probable for us to come to one of the lower levels to get liquidity and then go to the higher ones, possibly 27000 which has a Single Print or to 27190 which is a TPO POC. However, when and if we go to one of those higher levels, it is also very probable to come down to 23568 which has another Single Print right on top of a super ancient Breaker Block. This trap move usually happens around Sunday 16 to 19pm UTC+0. So I think the most probable move would be to reach a lower level of the TR Pocket, bounce from there and then reject from 27000 (Single print), 27190 (TPO POC) or 27392 (Liquidation level). However, if we go to one of the levels above first, it would then be probably best to cancel the longs since we have a considerable liquidity curve to grab and also a big vector to recover below us. How I personally trade this is to enter on each of the levels, take TP1 at the 0.5 of the TR Pocket Fib, move the stop to breakeven and then try to let the rest ride because this can be the trade that lasts for 3 or 4 days until we get the Mid-Week-Reversal. Also, although my bias is for more downside, we have to consider we are in a macro daily range, ever since we SFP'd 24778 (MEXC Value) so any of these long entries might be what takes BTC up if we are to do a full range rotation eventually.
by andrefconde
BTC Price: A Cautionary Outlook on Potential Dip Below $25,000Introduction: As the cryptocurrency market continues to captivate traders and investors alike, the recent price fluctuations of Bitcoin (BTC) have sparked concerns among many. This article explores the possibility of BTC's price falling below the critical 0.5 or 0.618 Fibonacci retracement levels, specifically targeting a potential dip below $25,000. We urge traders to approach this analysis cautiously and consider its implications for their investment strategies. Understanding Fibonacci Levels: Before delving into the potential price movement, it is crucial to understand the significance of Fibonacci retracement levels in technical analysis. These levels, derived from the Fibonacci sequence, help identify potential support and resistance areas in a price chart. Traders often use these levels to determine likely buying or selling opportunities. Analyzing BTC's Price Movement: Examining BTC's recent price action, we can observe a potential scenario where the price may fall below the 0.5 or 0.618 Fibonacci retracement levels. It is important to note that this analysis is speculative and should not be considered financial advice. However, historical data suggests that BTC's price has experienced significant corrections, making it essential for traders to be prepared for potential downturns. The Potential Dip Below $25,000: Considering the current market conditions and the possibility of a BTC price correction, it is not entirely implausible to anticipate a dip below the $25,000 mark. This level held psychological significance and was previously a strong support level during BTC's price consolidation phases. Traders should know this potential scenario and assess their risk tolerance accordingly. Call-to-Action: Given the analysis presented, we encourage traders to exercise caution and remain vigilant in their BTC investment strategies. While the cryptocurrency market can be highly volatile, it is essential to remember that any investment carries inherent risks. Here are a few steps to consider: 1. Diversify Your Portfolio: Spread your investments across various assets, including cryptocurrencies, stocks, and traditional investments. Diversification can help mitigate potential losses during market downturns. 2. Set Stop-Loss Orders: Implementing stop-loss orders can help protect your investments by automatically triggering a sell order if the price falls below a predetermined level. This strategy allows you to limit potential losses and manage risk more effectively. 3. Stay Informed: Continuously monitor market trends, news, and expert opinions to stay updated on the latest developments in the cryptocurrency space. This knowledge will enable you to make informed decisions based on a comprehensive understanding of the market dynamics. Conclusion: While the possibility of BTC's price falling below the 0.5 or 0.618 Fibonacci retracement levels, specifically targeting a dip below $25,000, cannot be ruled out, it is crucial to approach this analysis cautiously. The cryptocurrency market is highly unpredictable, and traders must carefully evaluate their risk tolerance and investment strategies. You can navigate potential market downturns more effectively by diversifying your portfolio, setting stop-loss orders, and staying informed.
BITSTAMP:BTCUSD
by bryandowningqln
BTCUSDTThis is a 1D frame analysis for BTCUSDT As expected, after bouncing off the support line, the price encountered the first resistance line and started to move upwards. As per our previous analysis, we expect it to reach the desired line and then, after demand, to move powerfully towards the resistance lines. Keep in mind that after the price bounces off the demand line of Bitcoin, it will stabilize above it and keep an eye out for the consolidation patterns that may provide support and cause the price to slowly go up after a short spike. We can then take advantage of this by making a ladder buy. Investors should definitely adhere to this and make ladder buys.
by MarsSignals
1
Bitcoin price and altcoins future: dreams or nearest trueTwo months ago, we published the BTCUSDT idea with two possible price movement fractals As you can see, the green fractal is working quite well Today's fractal, which we took from the history of BTC trading in 2016, also fits quite well with the current behavior of market participants. The two fractals have an interesting coincidence: they do not predict a sharp rise in the BTC price. They show that in the past, in similar situations, there was a long consolidation in a narrow trading range with a smooth "creeping" growth. If we believe the fractals superimposed on the current trading situation, then the BTCUSDT price of will be able to update the maximum of 2023, above $31,000, only by the end of this year. What will happen to altcoins during this time? In order for altcoins to start growing, the dominance of BTC needs to start falling. At the moment, BTC.D has updated the highs of 2021-2023 and the growth potential of at least to 51-53% is now visible. Assuming that the BTCUSDT price will be trading in the range of $25,000-30000 by the end of the year, and that BTC.D will simultaneously falling to at least 44%, this will be "a ray of hope" for the growth of altcoin prices. The logic is as follows: while the BTCUSD price is trading in a narrow range for a long time, the "big money" may get bored and start to gradually transfer capital from Bitcoin to altcoins. Or pumps alts in BTC pairs is the technical aspects of the "magicians" In turn, this process may trigger the following: a drop in the dominance of BTC.D, the main thing is not to increase the dominance of USDT) pumping of certain "categories" of altcoins. By the way, we are still thinking about what "caste" of altcoins will be called the next "future of the crypto market", as it was with ICOs, DeFi, NFTs, or AI with Web3. the inflow of "new and fresh" money to the crypto market, because here everything is growing so fast that you can get fabulously rich in a matter of days) which can scale the pace and number of altcoin pumps. What are your thoughts on the above? Is it real? What type of altcoins will start the next alt-season? Share your thoughts in the comments. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
33