78.6K is the next one to upsideMorning folks,
So, our " signal level" of ~68.6-69K has been broken and bullish setup has been set. Those who have used Stop "buy" entry orders should have good results.
Now the trading process is relatively simple. All that you need to do is to control 68.6-69K area. Because you do not want to see bearish reversal swing on BTC and drop back under long-term former resistance area again.
Other words, 68.6-69K is an invalidation point for current bullish action. So, if you intend to buy, you could consider 70.5K and 68.6K levels
Btc!
BTC Triangle Breakout StrategySharing my BTC setup on the 1-hour chart—currently breaking out of a triangle pattern. I've entered a position with a stop loss at 72,152 and a target of 73,600, aiming for a 2.5 risk-reward ratio in daily trading. This setup aligns with managing risk while catching potential momentum from the breakout. Keep following to track the outcome, and let’s exchange strategies on similar setups! 📉💬
Bitcoin Monthly RSI Bearish DivergencesThis is the complete history of every Bitcoin Monthly RSI bearish divergence. Incredibly, all that work you've been doing analyzing the Bitcoin chart was inferior to just looking for simple RSI divergences, which have called every cycle top in Bitcoin's entire history. And done so with precision.
Weekly $BTC looking BULLISH, more light to GOLD pre 2024Let's add a bit more to the previous CRYPTOCAP:BTC post we made.
#BTC closes Friday anywhere around here, it's MEGA BULLISH!
Officially breaking the downtrend on weekly
Volume not great but enough to keep moving, 1 more day left!
RSI is looking good. Money Flow also looks good, never dissipated.
Our #Bitcoin November call coming into fruition,
Again, look @ #GOLD calls pre 2024!
BTC H4 Bull Pennant FormingBTC/USD on the H4 chart is currently forming a bull pennant between a descending resistance and a horizontal support. The stochastic RSI is ready to swing back after a little more pullback.
Targets for the trade are the 2.236 and the 2.618 extensions of the previous high swing low. Targets marked with white horizontal lines.
Not financial advice.
Do your own DD.
Thanks for viewing the idea.
Volatility period starts around November 4th
(Title) Volatility period starts around November 4th (example of additional purchase)
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The BW indicator is an indicator that comprehensively evaluates the MACD, StochRSI, OBV, and ATX indicators.
The BW (0) indicator is an indicator that appears when the BW indicator touches the 0 point and rises.
Therefore, it indicates the point where the rise begins, that is, the low point section.
The BW (100) indicator is an indicator that appears when the BW indicator touches the 100 point and falls.
Therefore, it indicates the point where the decline begins, that is, the high point section.
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(BTCUSDT 1D chart)
The BW indicator value touched the 100 point and an arrow was displayed.
When a new candle is created, it is necessary to check whether the arrow remains the same.
The fact that the BW indicator touched the 100 point means that the upward strength is strong.
Therefore, it can be interpreted that there is a high possibility that it will lead to an additional increase.
However, when the BW (100) line is created, it can be said that it means that the possibility of a decline has begun to increase.
Therefore, it means that the possibility of a pull back or decline has begun to increase.
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The point of interest is whether it will show a renewal of the ATH by touching the current highest price of 73777.0 or higher, or whether it will continue to decline.
There is a saying that the coin market is a trend-following market.
It can be said that this is a market with a strong tendency to follow a trend that has been formed.
Therefore, when a new candle is created, it is necessary to check the movement of the StochRSI and StochRSI EMA indicators.
Since the StochRSI EMA indicator is currently located in the middle section, it is necessary to check how much it rises when a new candle is created and the change in the slope of the StochRSI indicator.
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If it progresses downward, the area around 70148.34 is expected to be an important support and resistance area.
The reason is that it is near the upper point of the box of the HA-High indicator on the 1M chart.
In addition, the StErr Line is passing through the 70148.34-71280.01 section, confirming that it is an important point.
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If you bought below 67414.39, it is recommended to sell and wait for the situation to be confirmed when resistance is confirmed in the 68393.48-69031.99 range.
You should have sold in installments around 71280.01 or 73000.0 before that.
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If the average purchase price is below 67414.39 and you sold in installments around 71280.01 or 73000.0, you can buy more when a pull back is confirmed.
However, the additional purchase should not exceed the current holding amount.
If you buy more than the holding amount, the average price will rise significantly and you may not be able to hold on or it may turn into a loss.
Therefore, when the support is confirmed in the 68393.48-70148.34 section, additional purchases can be made below 70148.34.
This additional purchase is possible because the split sale was made.
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The next volatility period is expected to start around November 4th.
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Have a good time.
Thank you.
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- Big picture
The full-scale uptrend is expected to start after rising by more than 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Bitcoin Update: About to start rocketing to 100K!BTC is making a decent change of character on the daily chart and now it’s making new highs. According to my latest analysis on Bitcoin, the bullish scenario of breaking above 70K has played out and now we’re closing the price above 70K.
In the current situation, I expect a minor correction to 66K before starting the main rally for Bitcoin to higher price levels and making new all-time highs, with the major resistance target of 100K.
The correction is invalid if the price closes a daily candle above 74K, and the bullish impulse from 66K to 100K is dismissed for a while if the price breaks below 65K.
DYOR
Bitcoin Roadmap!!!Bitcoin ( BINANCE:BTCUSDT ) moved as ✅I expected in the previous post .
Bitcoin is moving near the Potential Reversal Zone(PRZ) and the upper line of the ascending channel .
According to Elliott's wave theory, Bitcoin is completing wave 3 . I expect the Bitcoin rally will need a Correction to continue near the All Time-High(ATH) .
I expect Bitcoin to drop down to the Support zone($72,000-$70,820) and Support line .
🔔Let's first short position, and I will try to update for the long position.🔔
⚠️Note: If Bitcoin falls below the Support zone($72,000-$70,820), it may fall further.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ADA/USDT : More Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Cardano chart in the daily (logarithmic) timeframe, we can see that the price is currently trading around the $0.35 range. If it can stabilize above this key level, we can expect further upward movement. The next targets for ADA are $0.3780, $0.415, and $0.4570.
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
Bitcoin retested its all-time high (ATH)Bitcoin retested its all-time high (ATH) area near $73,777 last night but faced a rejection, resulting in a slight retracement to its current trading level around $71,900. This price action is a pivotal point, as a successful retest of the ATH could either:
Break Through – capturing short sellers' stop losses above this level and potentially flipping the ATH area from resistance into new support. This could allow Bitcoin to push higher, continuing its upward momentum.
Reject and Retrace – if the ATH level holds as resistance, we may see a pullback to lower support zones before the next move.
Given Bitcoin's proximity to this critical level, traders should monitor the reaction closely, as a sustained breakout could signal strength in the overall market, whereas a rejection may indicate more consolidation ahead.
BTC Price holding above 50 sma on the hourlyBitcoin price has currently broke above resistance in a recent bullish impulse. The 71,300 has been flipped from resistance to support. This support test also coincided with a 50 sma test and the 1.382 fib extension. All three held strong. Price action is possibly going to test the support again at time of publishing. this is a good area for a long trade. Buy inside the rectangle and hold rips.
Not financial advice.
Do your own DD.
Be careful with Bitcoin !!!Now we can anticipate the biggest rally in Bitcoin's history. That's it!!!
Untill Bitcoin Holds This Area Wil Keep Looking For Setups In Altcoins.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC - NEW ATH Approaches and ALTSEASONThe first time I started talking about my outlook for BTC in 2024, was in MAY. This is the original post where I first propose the Elliot Wave theory, with a 30% multi-month correction:
It's been a painful journey that required a lot of patience - but today, I am pleased to see that the idea has payed out by 95% so far.
The play has always been a "multi-month" approach, and now it is the last push towards the new ATH which I believe to be anywhere from 82K upwards.
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OKX:BTCUSDT
$BTC fast correctionBINANCE:BTCUSDT
Bitcoin almost updated the high, it was a little short.
While the correction is starting, which should go down to 68800-68620, after which we can try to get long. We will monitor this scenario.
I don't want to open shorts yet, because the asset is too much hyped up and the season of friends who say “Take bitcoin for now!” is coming. And this fuel can play both ways.😄
For now we expect a correction or consolidation. And we can look out for alts.
Frankly !!Finally, Bitcoin managed to go above the cup and handle resistance in the weekly timeframe, but it hasn't fully broken it yet. We need to wait for the weekly candle to close above this resistance. If that happens, we can anticipate the biggest rally in Bitcoin's history. That's it!!!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC's Next Moves: Key Levels to Watch!hello guys!
Technical Analysis:
Primary Uptrend: After a sharp breakout from the triangle pattern, Bitcoin is moving towards the target zone around $73,500–$74,000.
Two Possible Scenarios (Based on Arrows):
Scenario 1 (Immediate Rally): BTC could maintain its upward momentum, bypassing the lower support and heading directly towards the upper target zone around $73,500–$74,000.
Scenario 2 (Pullback and Retest): BTC may temporarily retrace towards the highlighted support area (~$71,500) before resuming the uptrend towards the target zone. This pullback would provide additional support confirmation before a potential rally.
In summary, BTC’s next steps could either see a continued surge or a brief retest of support before reaching its triangle target. Keep an eye on these levels for optimal trading setups! 🚀
SUI LONG OPPURTUNITY - SUI NETWORK BULLISH TREND ALERTSUI is one of the most popular altcoins in the crypto market right now. It has strong fundamentals, a solid team, and a growing community. I personally hold a spot position in this coin, and I expect to see SUI among the top 10 most valuable crypto assets soon.
Technical Analysis: SUI ran the daily swing liquidity and reached the daily demand zone responsible for the previous all-time highs. The price couldn't close below the daily swing and showed a strong rejection there.
After that, SUI broke the diagonal trendline that had maintained the lower time-frame bearish trend. The breakout was strong, with a close above, indicating to me that SUI has broken the bearish lower time-frame structure and is now targeting new highs.
I expect a small retracement to the green zone marked as the "4H Demand Zone," aligning with the Fibonacci equilibrium level. I’ll be looking to open a position there, aiming for new all-time highs.
BITCOIN Gaussian Channel telling you the rally has already begunBitcoin (BTCUSD) is illustrated here on the 1W time-frame from the 2011 Cycle until today. We've used the Gaussian Channel (GC) after a long time and the reason is simple. Since the August 05 2024 Low, it has been supporting the uptrend up to today's test of the All Time High (ATH).
** Gaussian October support every 4 years **
This continuous support is a critical feature moving forward as every time the GC held at this stage of the previous Cycles (October 2020, 2016 and 2012), BTC started its final (and most aggressive) Parabolic Rally of the Cycle.
** Resistance turned Support **
What's equally interesting is that during those stages, the price also re-tested and held the former Resistance (of the previous Higher High), turned it into a Support (while the GC held) and bounced to the Parabolic Rally. This is a remarkably consistent feature taking place every 4 years!
** The green GC length matters **
Now as to the GC in more detail. What we want you to keep from it, is that the green part of the GC has lasted in the previous Cycles 123, 144 and 148 weeks respectively, which translates to 861, 1008 and 1036 days, until it turned red. As a result, we can expect the current green phase to last until December 08 2025 (minimum) and June 01 2026 (maximum). It is more reasonable to expect the longer case as the recent Cycles tend to have stabilized most of their common time patterns.
The Bear Cycle tends to start when a 1W candle is closed below the GC. Until then, based on the parallel Channel Up patterns that encompass 3 Cycles each time, we can even expect a price as high as $200000 for this Cycle Top.
Do you think that's realistic? And if so, do you also expect the GC wave to support a parabolic rally all the way to the top? Feel free to let us know in the comments section below!
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BITCOIN Short From Resistance! Sell!
Hello,Traders!
BITCOIN is retesting a
Horizontal resistance level
Around 74k USD which also
Happens to be an all-time-high
So despite our bullish bias
We will be expecting a
Local bearish correction
Sell!
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