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$BTCUSDT Bouncing from Demand Zone – Eyes on $75KBINANCE:BTCUSDT Bouncing from Demand Zone – Eyes on $75K with Strong ETF Inflows!! After a significant uptrend, CRYPTOCAP:BTC experienced a healthy correction, finding support at a key demand zone. The current bounce from this level, marked by a bullish candle, signals a potential shift towards upward momentum. Volume is steadily increasing, which further strengthens the case for a continued move higher. Additionally, there’s a notable rise in MARKETSCOM:BITCOIN ETF inflows, adding more fuel to the current rally. This confluence of bullish factors sets the stage for BTC to reach new highs, with $75,000 being the next major target on the horizon. Traders should watch for sustained volume and momentum as key indicators of this breakout.
Long
by GreenCryptoTrades
1
SasanSeifi| Can We Expect Short-Term Corrections?Hey there, ✌ In the short-term timeframe, we've observed that Bitcoin has surged from the $60,000 range to a high of $69,000. However, following this peak, the price has shown a negative reaction, undergoing a minor correction down to the $67,000 levels after a brief period of fluctuations. Currently, the price has remained in a range after encountering the Exponential Moving Average (EMA) at the $67,000 mark. The significant resistance level ahead in the 4-hour timeframe lies between $67,750 and $68,500. Analysing the chart in the lower timeframes, it appears that the price may be inclined to experience further corrections. If a candle closes below the $66,950 to $66,850 levels, we might witness a price correction down to the demand levels at $65,500, and potentially further to $64,250 to $63,000. Understanding how the price reacts to these levels will be crucial for assessing the ongoing trend. Additionally, if the price faces increased demand and breaks above the established resistance levels, the corrective scenario could be reconsidered. The potential trend is clearly outlined in the chart above. 💢 This is just my personal analysis, not financial advice. If you found this helpful, feel free to like and comment – I'd love to hear your thoughts! Happy trading! ✌😊
Short
by SasanSeifi
Goatseus Maximus NO.1 MEME FOR THIS BULLRUN (TA+TRADE PLAN)TECHNICAL ANALYSIS + TRADE PLAN BY BLAŽ FABJAN WHY GOATSEUS MAXIMUS IS THE NO.1 MEMECOIN OF THIS BULLRUN: 🚀🚀 GOATSEUS MAXIMUS IS THE NEXT MEMECOIN MOONSHOT! 🚀🚀 Massive Hype: With a loyal community backing and meme-driven momentum, Goatseus Maximus is poised to take over the meme-coin space! Bullish Sentiment: The charts don’t lie! All technical indicators are showing a solid upward trend, making it the perfect time to jump in and ride the wave to MAXIMUM PROFITS! Potential for Explosive Gains: At just $0.2375, this memecoin is undervalued but ready to explode with the next wave of FOMO. Get in before it’s too late! Market Pair: GOATUSDT (BitMart Exchange) Price Action: Goatseus Maximus (GOATUSDT) is currently trading at $0.2375, experiencing an 8.34% drop from a recent high of $0.2997. Volume: 289.336K USDT, signaling a potential increase in interest. Price Pattern: An upward trading channel is forming on the 4-hour chart. The price is bouncing between support and resistance within this channel, with clear upward momentum indicating the possibility of a breakout. The candlesticks suggest higher lows, indicating bullish sentiment is gradually building up. Price Projections: Immediate Resistance: $0.300 (key psychological and technical level) Support Level: $0.200 (within the lower bounds of the trading channel) Upside Targets: Should the breakout occur, the next target price could be $0.400 - $0.450, as indicated by the overall upward trajectory in the trading channel. Trading Plan: Entry Strategy: Consider entering a long position at $0.240 - $0.250 range, ensuring the price stays within the bullish channel. Place stop-loss below the $0.200 support level to protect against sudden market downturns. Profit Targets: First Take-Profit (TP1): $0.300, capturing gains at the upper resistance of the current channel. Second Take-Profit (TP2): $0.400 - $0.450, based on expected bullish breakout beyond the channel, leveraging strong momentum. Risk Management: Risk no more than 5% of your capital on this trade. Maintain a 1:3 risk-reward ratio, meaning for every $1 risked, expect $3 in profit if the trade plays out as anticipated. Prepare for an epic ride to the moon! 🌕
Long
by elfabiiani
1
Probabilities Powering BTCUSD TradesUtilizing probabilities based on historical data is a cornerstone of my bullish strategy for BTCUSD. Here’s why I believe this approach is not only effective but essential for positioning long trades successfully. Understanding the Importance of Probabilities Probabilities in Trading Trading is inherently uncertain, and relying on probabilities allows traders to make informed decisions rather than guesses. By analyzing historical price movements and patterns, we can identify trends that have previously led to upward or downward movements. This statistical approach helps mitigate risks associated with emotional decision-making. Historical Data as a Guide Historical data provides a wealth of information about how BTCUSD has reacted under various market conditions. By employing a mechanical trading strategy that incorporates these indicators, I can increase my chances of entering profitable trades. Mechanical Trading Strategy What is a Mechanical Trading Strategy? A mechanical trading strategy is a systematic approach that uses predefined rules based on historical data to make trading decisions. This method eliminates emotional bias and ensures consistency in trade execution. Benefits of a Mechanical Approach 1. Consistency: Adhering to a mechanical strategy means that trades are executed based on data rather than emotions. 2. Backtesting: Historical data allows for backtesting strategies to see how they would have performed in the past, providing confidence in their potential effectiveness. 3. Risk Management: By employing probabilities, I can better manage risk through calculated position sizing and stop-loss orders. Current Market Context In the current market environment, BTCUSD shows signs of bullish momentum. The formation of higher lows indicates strength, and historical patterns suggest that we may be at the beginning of another significant upward trend. By leveraging probabilities derived from past performance, I am positioning myself to capitalize on this potential movement. Conclusion In summary, utilizing probabilities based on historical data through a mechanical trading strategy equips me with a robust framework for entering long positions in BTCUSD. This approach not only enhances my decision-making process but also aligns with my overall bullish bias. As we navigate the complexities of the crypto market, relying on data-driven strategies will be crucial for achieving success in our trades. 1D: 6H:
CRYPTO:BTCUSDLong
by Jasminex1x2
1
$SQ Breakout Possible SQ looks to be about to start a new leg up if it can breakout of its wedge. Sq had a clean close above resistance with increased volume on 10/10/24. It experienced an inside day on 10/11/24 with still elevated relative volume from the prior days break out. Sq rejected at the top of the wedge but did not really show any slowdown of buying just an absorption of some selling as the prior days lows were not breached. The inside day on the11th appears to be a rest day looking for continuation and a breakout out the wedge targeting 72 and 74 dollars. The next area where the stock can potentially meet supply if it does continue on its newly started uptrend would be 79.82 (rounded to 80) then 87.52, the current yearly highs, and the 89.97 which is the prior years highs. Trade Safe Every1! @T.w.i.n.e.y
NYSE:SQLong
by twiney
BTC: Two Likely Scenarios I'm WatchingBitcoin hasn't yet been able to break out above the diagonal resistance that formed after the most recent high. Until we're able to do a bump-and-run ABOVE this trendline, lower lows seem the most likely until we've found a zone with sufficient buying pressure to take us back upwards. Lower lows and lower highs mean short term bearish, unfortunately. I discuss the reasoning for these two scenarios in a little more detail, here: However, this doesn't imply that there won't be decent range trades / swing trades in this area - in fact, there's been incredible opportunities whilst Bitcoin chops around. Follow here to make sure you never miss a moment! ___________________ BINANCE:BTCUSDT
by CryptoCheck-
BTC: What's Ahead After the CPI Data?BITSTAMP:BTCUSD Bitcoin is up 0.52%, trading at $61,317.96 after the CPI data, which slightly exceeded expectations. Despite the minor increase, the overall trend shows continued sidelined behavior, reflecting the pattern of the past months. Here's a breakdown of the technical indicators: 1D Timeframe Oscillators: Mixed signals, with the Relative Strength Index (14) at 45.86 (neutral), but Momentum (10) and Commodity Channel Index (20) indicate buying potential. However, MACD Level signals sell. Moving Averages: Most short- and mid-term moving averages suggest a sell, while the 200-period Simple Moving Average remains bullish at $60,020.79, suggesting long-term support. 2H Timeframe Oscillators: Mostly neutral, but Momentum (10) gives a buy signal. The MACD Level and Moving Averages are in sell mode, reflecting short-term weakness. Moving Averages: Clear sell signals dominate across the board, with only the Simple Moving Average (10) giving a buy at $60,868.83. 30-Minute Timeframe Oscillators: The shorter timeframe shows mixed signals, with a buy from the MACD Level (12, 26) and Simple Moving Average (20), while Momentum (10) and Bull Bear Power remain bearish. Moving Averages: Short-term moving averages are providing conflicting signals, showing that there may be a short-term consolidation phase. Summary: The indicators reflect a market still in consolidation with minor price recovery. Despite occasional buy signals on short-term charts, the overall trend remains cautious. Traders should keep an eye on potential breakouts from this sidelined range, but aggressive entries should be avoided for now. Disclaimer: This is not financial advice. Always do your own research before making any investment decisions.
by CF_444
Bitcoin update 5000$ in a rowbtc exactly reacted where the supply area and gave 2000$ in sell side and upside almost gave 3000++ points and also market still running in sell side 📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me ! Best Regards , Davis 🥰 Hit the like 🤞🏻 button to !! Motive some energy !!🥇 📌 Note : ⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻 ⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading ⨹ This is my pre and post market analysis to improve my trading journey 🚀 ⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀 ⫸ You are responsible for your trading ✅ not me ❌ ⫷ HAPPY TRADING 🥰
BITSTAMP:BTCUSDShort
by TRADING_MASTER_DAVIS
Very Important Update!Price action is currently trapped between two key value areas. Until we reclaim the VAL above, i'm expecting lower prices to come, and the point of control below (yellow line) is the next target. CRYPTOCAP:BTC #BTC Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
COINBASE:BTCUSD
by Navitility
AAVE retesting cup&handle breakout, 300% to ATHAAVE is looking bullish after breaking out of some key technical patterns. First, we had a large descending wedge, which is a textbook bullish reversal pattern. The breakout from this wedge was followed by a cup and handle formation, another strong bullish signal. Now we’re moving toward some key Fibonacci levels. The 0.382 Fib level at $289 is the first major target, representing an 80% gain from the breakout. Then, we have the 0.5 Fib level at $354, a 118% profit mark, and finally, the 0.618 Fib at $427, which signals a potential 135% gain. If the momentum stays strong, the final stretch would be a test of the all-time high (ATH) near $667, a 300% move from the entry point around $162. AAVE has momentum, but we should watch closely as it approaches these Fib levels, especially the $289 and $354 marks. In summary: AAVE has made a powerful breakout, but keep your eyes on those key Fibonacci levels for potential resistance. Always manage your risk as this could be an exciting, but volatile, ride. Disclaimer: Trading is like surfing—fun, but you might wipe out. This isn’t professional advice—always do your own research and consult a pro before diving in!
CRYPTO:AAVEUSDLong
by Blockbullder
1
OP & ALTs Resistance While I remain very bullish on crypto and alts I think this recent pump is not quite the true breakout. I like the OKX:OPUSDT chart because it's price action has been a nice cheat sheet/ indicator for where the crypto market is. Significant peaks are usually the tops and clear support zones are usually the bottom in the market. OP here seems to be replaying the same structure as last year. If it breaks out of this zone then perhaps alts are on the verge of the ultimate breakout. But in the past the major breakouts usually happen after a slow and gradual drift higher. The timing can be off but just using last year as a guideline. These sharp moves higher are usually shorts getting liquidated and longs jumping in from short term perp leverage traders which can be unsustainable for the true breakout back to ATH or new highs. There are exceptions like BINANCE:SUIUSDT where it shorts get liquidated, longs pile in, and lots of late spot fomo buying occurs. What invalidates this is if BTC creates a god candle breaking the 70k level from here and doesn't slow. It makes a little more sense to me if we see alt season towards very EOY or towards the very beginning of 2025 if crypto as a whole shows strength here in Q4.
by bhx10
1
BITCOIN - It's time to decide the directionThe situation at the moment is quite dubious, the price has been around the old ATH for six months now, I don't feel like saying that we are entering a bearish period for the simple fact that there has not been a violent rejection on the old ATH and I don't even feel like saying that the price action is bullish, because in this case the price, after closing above the old ATH would have used it as support and then continued upwards. Right now I'm just watching what happens
CRYPTO:BTCUSD
by MC_Capital_
4
SasanSeifi| BITCOIN: Will a Pullback Lead to Lower Levels?Hey there, ✌ Bitcoin is currently trading around the $58,500 range. Given the lack of stabilization above the $60,000 level, we could be facing a bearish trend. Additionally, with the recent break below the $59,300 mark, the short-term outlook on the 1-hour chart appears bearish. We expect that after completing a pullback, the price may move towards the corrective targets of $57,500, $57,000, $56,700, and $56,000. ❌ Key resistance levels to watch are around $59,000 and $59,700. 💢 Keep in mind that this is just my personal perspective and not financial advice. I’d love to hear your thoughts and exchange ideas! Good luck and happy trading! ✌😎 Feel free to reach out if you have any questions – I’m here to help!✌
Short
by SasanSeifi