Get started

Btc!

Bitcoin can leave pennant and then rise to resistance levelHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price entered to upward channel, where it soon reached the 94500 support level and then broke it. Next, the price made a retest and then tried to grow more, but later turned around and made a correction below a support level, after which in a short time, it backed up. Then BTC some time traded near the support level and later rose to the seller zone, where it at once turned around and rebounded down until to 90500 points. But soon, BTC backed up to the channel and then started to grow to a 103000 resistance level. When it reached this level, the price broke it and soon reached the resistance line of the channel, then it exited and rose to 108300 points, after which turned around and made a downward impulse inside the downward pennant. In this pattern, the price broke 103000 with 94500 levels and reached the support line of the pennant, which is located inside the buyer zone. Then price bounced up from this area and a not long time ago fell back and then rose to the resistance line of the pennant. Now, the price continues to trades near this line and I expect that the price can little decline below the resistance line. Then it started to grow to 103000 resistance level, thereby exiting from the pennant. For this case, I set my TP at this level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
BITCOIN → High risk. Falling towards 70K or rising towards 100K?BINANCE:BTCUSD is forming a correction phase after Powell's speech last week. If the price goes beyond the accumulation boundaries, there will be a risk for a strong fall as the price is approaching the panic zone... Bitcoin is still in high demand, but private traders are going into a phase of profit taking after negative news, while institutional traders are taking advantage of the moment and buying the asset at a cheap price. But it doesn't mean anything. Fundamentally, Trump gives a big chance to the cryptocurrency market, but after winning the presidential election the excitement starts to fade and then the risk of revaluation increases. If the market does not get what it was promised, a deep correction may occur. Also, the Fed played a negative role last week: slowing down the rate cuts and negative tone about the strategic reserve and reluctance to have BTC on their balance sheet. Technically, despite the breakout of the ascending channel support, the price is still inside the 99K - 86K consolidation Resistance levels: 99300, 103600 Support levels: 91780, 86700, 82700 The price is approaching the support. If the market keeps the price in this zone, bitcoin will have a chance to recover to 100K. But, if the fight for 86-84K zone starts, then everything will depend on the general market background, a negative background can provoke a breakdown of strong support and the price will fall into the void zone... Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
24
Bearish reversal?The Bitcoin (NTC/USD) is reacting off the pivot which acts as an overlap resistance and could drop to the 1st support. Pivot: 99,238.95 1st Support: 94,532.95 1st Resistance: 102,235.80 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:BTCUSDShort
by ICmarkets
7
Interpretation of 50 MA (Moving Average) on Chart The 50-day moving average (MA) (red line in the chart) is a widely used indicator that helps identify the trend direction and acts as a dynamic support or resistance level. Here is how it applies to the current chart: Current Overview: Support Role: The 50 MA is closely aligned with the green support area, reinforcing this level as a strong dynamic support. The price has historically respected the 50 MA as support, evidenced by previous bounces near this level. The upward slope of the 50 MA indicates that Bitcoin is still in a bullish trend on higher timeframes. The bullish structure remains intact as long as the price stays above the 50 MA. The convergence of the 50 MA with the green horizontal support area (~$92,500–$95,000) adds significant strength, making it a key level to monitor for a potential bounce. Bullish Case: If the price is above 50 MA, it could act as a launching pad for the next upward move. A bounce off this level could target the $102,500 or $110,000 levels. Bearish Case: A breakdown below the 50 MA and the green support area could signal a trend reversal or a deeper correction. The next support after this would be at $85,000–$90,000 or the lower range around $77,500. Key Points: The 50 MA is a crucial support level at the moment. Traders should closely monitor price action near this level. A strong bounce could confirm a bullish continuation, while a breakdown could indicate increased selling pressure. Let me know if you would like further clarification or additional analysis! Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions. For updates on other coins or personalized insights, feel free to reach out via DM. DYOR, NFA @Peter_CSAdmin
Long
by CryptoSanders9563
Example of how to trade without chart analysis Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- Since the coin market can be traded 24 hours a day, 365 days a year, gaps do not occur as often as in the stock market. (However, gaps may occur frequently in exchanges with low trading volume.) In any case, I think that these movements provide considerable usefulness in conducting transactions. Sometimes I told you to buy when the price drops by -10% or more. Today, I will tell you why. -------------------------------------- In order to trade, you must have basic knowledge of charts. Otherwise, you are likely to conduct transactions incorrectly due to volatility. However, such cases are less common in the coin market than in the stock market. One of the reasons is that the current coins (tokens) are not being used for actual business purposes. So, I think there are quite a few issues that cause volatility other than charts like stocks. - If the price falls one day and falls by about -10% from the high before a new candle is created, I buy. The next day, if it falls by about -10% from the high again, I buy again. When it falls by about -10% like this, I continue to buy in installments. That's why I need to adjust my investment ratio. - If I buy like that, there will come a point where my price rises more than the average unit price. In that case, when I'm making a profit, I sell the amount corresponding to the purchase principal in installments and leave the number of coins (tokens) corresponding to the profit. If you want cash profit, you can sell a certain portion in installments. Also, on the contrary, when it rises by about +10%, we proceed with a split sale. - As shown in the example chart, you can see that there are not many cases where it rises by -10% or +10%. However, since it occurs more often in the case of altcoins than in BTC or ETH, you should pay special attention to adjusting your investment ratio when trading altcoins. That is why you must check the price fluctuation range 1-3 hours before a new candle is created on the 1D chart. This method is a method that can be traded even if you lack knowledge about charts. If you let go of your greed a little and have the ability to split sell when you are making a profit, you will be able to meet the moment when a crisis becomes an opportunity. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
Education
by readCrypto
DAY 5 - Daily BTC Update Merry Christmas!Yesterday's Update 🎄 Merry Christmas, TradingView Fam! 🎄 The BTC bulls are delivering a gift this holiday season 🎁! After a strong bounce, Bitcoin is eyeing $100K today, setting the stage for a spectacular Christmas Day rally. Here’s the roadmap: 🎯 First Pivot: $100,800 🎯 Second Pivot: $105,720 Breaking through these levels will set BTC on Pathway 1, as outlined yesterday, and reinforce the bullish momentum. 🚀 (Although not breaking the first pivot could see Pathway 2) Santa seems to have packed his bag with a Bitcoin rocket this year! 🌕 Wishing you all a magical Christmas!💫 See you all tomorrow! <3
by LisaNEdwards
8
BTC / USDT Update During Christmas Days```During the Christmas holidays, minor corrections occur due to low volume``` A major correction has already occurred from 108K, as predicted. Now, hopefully, one more correction will happen during the Christmas holidays. However, the trading volume during Christmas 🎄🎁 will likely be low. Gradually,is expected to move upward 📈, breaking 108K, creating support at 105K, and then heading toward its next and final leg up to 123.5K, 143.5K, and 163.5K. After that, the bear market will hopefully begin, likely around March/April, with a maximum extension until May at the latest. I will update you before the market peaks, the bear market starts, or the time comes to exit the market based on my system.
BITSTAMP:BTCUSD
by Dr_WolfsDen
1
Let me analyze BTC.D FOR Q1 2025 TO YOUChart showing Bitcoin market cap dominance: Key Technical Observations: 1. Current Trend Structure: - The chart shows BTC dominance was in an upward channel (marked by yellow parallel lines) - Recently broke down from this channel, suggesting a potential trend reversal - Current dominance level is around 58.04% 2. Price Pattern Formation: - The chart forecasts a potential declining pattern ahead marked by white curves - Labeled as "LAST RE-TEST BEFORE ATLS" suggesting this could be the final retest before a significant move 3. Support Levels: - There appears to be a key support zone around 55% (marked by purple horizontal boxes) - The projection suggests a possible drop toward 50% level 4. Future Projection: - The white wavy line suggests increasing volatility with lower highs and lower lows - Final projection points to a sharp downturn (purple curved line) heading into January 2025 Trading Implications: - The breakdown from the upward channel could signal weakness in Bitcoin's market dominance - Traders might want to watch the 55% support level carefully - The analysis suggests preparation for increased volatility and possible further decline in BTC dominance Keep in mind that this is technical analysis and projections may not play out exactly as charted. Always use proper risk management in trading decisions. 💡 Trading Recommendation: Monitor price reaction at 55% support - crucial level for maintaining bearish thesis. Consider risk management strategies around projected volatile moves.
CRYPTOCAP:BTC.DShort
by Supachai-Taechapisit
theta long midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
BTC/USD : Another Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Bitcoin chart on the 4-hour timeframe, we observe that after our previous analysis, the price surged to $108,400 before experiencing a sharp decline, correcting down to $92,000. Currently, Bitcoin is trading around $93,800. If the price manages to stabilize above the $90,600 to $92,300 range, we could anticipate further growth for this cryptocurrency. This analysis will be updated. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
COINBASE:BTCUSDLong
by ArmanShabanTrading
28
EIGEN Price Analysis – Key Levels and OutlookRecent Performance: Retracement: EIGEN has retraced to the midpoint of its November-December rally, testing a critical support zone as it approaches a period of heightened supply due to a token unlock event. Higher-Timeframe Support: Begins at $3.3792, corresponding to the high of the November 25th bullish gap. Support Levels: Primary Support Inside Gap: $3.3000: November 11th's weekly high, offering initial support within the gap. $3.1911: November 4th's rejection level, representing stronger secondary support. Deeper Support: If the gap fails, the next significant zone lies at: $2.8932: November 24th's bullish gap. Aligns with November 11th's weekly accumulation midpoint, providing robust support for potential reversal. Upside Targets: Short-Term Resistance: $4.4820: December 21st swing high, where bears’ stops could cluster. $4.6355: December 14th rejection, likely to act as a significant resistance level. Long-Term Targets: $5.0213: December 16th's distribution zone, beyond which resistance appears minimal, allowing for potential price discovery. Key Considerations: Token Unlock Impact: Bulls may wait to absorb the newly unlocked supply before initiating significant buying activity. Breakout Conditions: A decisive move above $4.4820 with volume could trigger a cascade of short covering, driving momentum toward $4.6355 and beyond. Failure Scenario: A breakdown below $2.8932 would invalidate the bullish structure, signaling deeper retracement and potential accumulation at lower levels.
Long
by Richtv_official
1
GALA: Channel Breakout to Golden Zone - 40% Upside TargetHere's a professional TradingView analysis for GALA/USDT: Technical Analysis: Key Levels: 🎯 Entry: 0.035 USDT 🎯 Target (TP): 0.050 USDT (+40%) 📊 Current Price: 0.035 USDT 📈 Volume: 90.38M Pattern Structure: • Trading within descending channel • Double resistance confluence at target zone • Channel breakout setup forming Trade Setup: 1. Entry Setup: - Entry at 0.0356 - Clear channel breakout formation - Volume accumulation phase 2. Target Analysis: - Primary target: 0.05 - Confluence with major resistance - Potential 40% return from entry 3. Key Technical Factors: - Descending channel boundaries clearly defined - Wave pattern projecting upward movement - Multiple timeframe confluence (4H chart) Risk Management: • Set stops below recent lows • Risk:Reward ratio approximately 1:4 • Consider scaling in at entry zone Timeframe: • Chart: 4H BINANCE • Target Timeline: Early January 2025 Note: This is technical analysis only. Always manage risk appropriately and DYOR. #GALA #USDT #Crypto #TechnicalAnalysis #Trading
Long
by Supachai-Taechapisit
AUCTION/USDT: Major Trendline Break +90% Upside TargetAUCTION/USDT BREAKOUT TRADE SETUP • Major trendline break: $22.54 • Volume spike: 1.4M • 8-month downtrend reversal TARGETS TP1: $33.01 (+46.45%) TP2: $43.19 (+91.61%) EXECUTION Entry: $22.54 SL: Below recent swing low Scale: 50/50 at TPs BIAS: BULLISH ✓ Trendline break ✓ Volume confirmation ✓ Higher lows structure ✓ S/R flip zone: $22-28 RISK/REWARD R1: 1:2.8 (TP1) R2: 1:4.1 (TP2) KEY LEVEL: $28.00 Previous resistance becomes support ⚠️ DISCLAIMER • Not financial advice • Past performance ≠ future results • Markets are high risk • Only trade what you can afford to lose • DYOR - Do Your Own Research • Author may hold position in AUCTION
Long
by Supachai-Taechapisit