BTC Trend Shifting ? and ask about your altcoin analysisBTC / USDT
Quick summary :
190 days have passed since the BTC topping in march 2024 at 73k
Since that moment BTC was trading in downtrend with LH and LL
What we can see in chart :
finally we can start seeing serious bullish signals
1- First Higher low in 6 months
2- Triple bottom formation in RSI indicator
What I wait and expect for next ?
I think we can produce HH soon then a small final correction and after that UP ONLY
Invalidation:
Lose the current HL and continue again in LH and LL
You can ask about your fav altcoin analysis in comment section below and I will try to reply all… Ask for 1 altcoin and write complete symbol (ex: BTCUSDT)
BTC-M
Bitcoin - Gearing Up for NEW ATHBitcoin is showing a sudden increase in momentum, and the pattern I was watching has played out successfully after the last update:
Ultimately, the playout I have been talking about for MONTHS were as follow:
And this is the recent chart data on that exact idea:
I'm happy to finally see everything come together - it took some patience though!
Finally - impulse wave 4-5 (Elliot wave Theory) is in play! From here, we can expect ETH to gradually creep along, and when BTC trades sideways ETH and other top10 market cap alts will make gains. Find more on that, here:
When ETH stalls (and BTC even retraces a little) that's when the smaller cap altcoins will shine.
Cheers to another ATH 🥂🍻
_____________________
OKX:BTCUSDT
Bearish ThoughtsLooking at the log regression, it dawned on me that every time that BTC has come down to the bottom of the red channel, it usually didn't have the juice to pop back up.
I think 33k might be in play, top of the blue channel.
Alternatively, bouncing off here can save the bullrun. But in this global climate? I'm not so sure.
Holding steady, but cash ready.
BTC is still maintaining a very STRONG BULLISH momentumHello traders,
As i analysed before, the BTC price went to our favor and went bullish hitting targets on the 1H and 30mn charts anfter making some corrections and pullbacks. the BTC is approaching a previous Monthly level of 73907 where price may get rejected and go back to a LH monthly level of 71591 giving short trades opportunities. But if price breakes the 73907 we definitely gonna reach the $90000 level next month as the overall direction and trend is bullish and price was just making corrections the previous weeks accumulating momentum to a strong bullish move.
Keep watching and seize the opportunity.
Good luck
BTC will touch its ATH soon!BTC in daily timeframe is approching to its ATH at 73853 and I think it will touch ATH very soon.
At the moment we are inside of a Bullish minor structure that being created in a Bullish major structure and its telling us that BTC is going to pump!
You can see how i drawed #TrueSMC Structure for that and you can update it on your chart to know which prices are good for buying more.
SEI Long Spot Trade (CHoC & Support Flip)Market Context: SEI’s recent price action is suggesting a potential reversal with a Change of Character (CHoC) confirmed by a higher high and a retest of the $0.35 resistance as support. A reclaim of the 200 EMA as support would add strength to the upward continuation outlook.
Trade Setup:
Entry: Around $0.40
Take Profit:
First target: $0.63
Second target: $0.89
Stop Loss: Daily close below $0.34
This setup is positioned to capitalize on the momentum shift, with upside targets aligning with higher levels if support holds. #SEI #Crypto #Trading
BITCOIN RESISTANCE AHEAD|SHORT|
✅BITCOIN broke the falling
Resistance line just as I predicted
And we are bullish biased mid-term
However, the coin is locally overbought
So after it hits the horizontal resistance
Of 74k$ we will be expecting a local
Bearish correction
SHORT🔥
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MYRO Long Spot Trade (Structure Shift & Support Flip)Market Context: MYRO has reclaimed the $0.10 level, flipping former resistance into support and signaling a structure shift to the upside. This provides a solid entry zone with a favorable risk-to-reward ratio as the setup targets mid-range and higher levels.
Trade Setup:
Entry: Around $0.11
Take Profit:
First target: $0.16
Second target: $0.22
Third target: $0.26
Stop Loss: Daily close below $0.09
This setup capitalizes on the structure shift with targets aligning with key levels. #MYRO #Crypto #Trading #SupportFlip
Bitcoin is almost there!CRYPTOCAP:BTC is at a VERY IMPORTANT level. This area has been an issue for the last few YEARS.
One thing to notice is that #BTC volume is WEAK, look at yellow box. Do you notice that volume is UNDER the white line? That line is an average. This means that the recent volume is below average for 90 days = LIGHT. This could be because sell volume has been light. Now we need to consider, what will cause BUY VOLUME to come in & propel higher?
#Bitcoin is almost there, good signs showing. Incoming volume to break out would be a huge plus!!!
ETF's are great, we like AMEX:BITX for leveraged exposure and trading, but keep in mind; NOT IN YOUR WALLET, NOT YOURS!
USDT vs USDC The Last Rush- Everything is in the chart.
- So my own deduction ( and only my own ) is : " Actually BTC not dipped so much "
- They pushed it hard, many peoples turned their BTC and Altcoins to USDT/USDC for safety.
- BTC is still not yet considered as a reserve like Gold in case of crises, peoples still scare and back really fast to the old paper money system when panic is around.
- i will link following this post a PAXG/BTC Chart to show what happened when BTC dipped.
- just look at indicators and you will clearly understand how much stables coins pushed high and Mooned/Marsed in the red " Overbought " Zone.
- Results : TheKing is still around 20k.
- that said, we can notice that USDC is gaining much more interests than USDT, just because USDC (Circle) is backed by cash and short-term U.S. government bonds as collateral.
- after the "LUNA-UST" Crash peoples started to fear and they are right, so they turned their Stables to USDC.
- in near future, USDC will gains more dominance on USDT and the next Dip could results in an Equal Dominance ( 3.80% - 3.20% )
i hope this post help to understand the situation, be H4ppy and St4y S4fe !
Happy Tr4Ding !
Tether The Trumpet- On this Chart i use zero indicator and just the trend.
- Some basic supports and resistances.
- What we can see and deduct ?
- Tether jumped from 0.01% to 1% dominance from 2015 to 2018.
- from 2019 to 2023 USDT.Dom growed from 1% to 10%.
- now the trend is still evolving in a steady broadening trumpet formation.
- Do you really believe Tether would reach 35% Dominance in Crypto Markets ?
- it would mean that 35% of peoples would prefer to stay in Stables Fiat and win nothing.
- Just using logic and combine FA + TA :
- This uper trend will be broken down soon or later.
- i just do believe that Tether have to crash at one point ( no matter the reason ).
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- So now a quick comprehensive explanation about Tether.Dom and how it works :
1 - When BTC down = Peoples swap their BTC to USDT (panic)
- USDT.Dom up !
- Tether stop the printing Machine and wait.
2. - When BTC up = Peoples swap their USDT to buy BTC (fomo)
- USDT.Dom Down !
- Tether have to restart the printing machine and issue more USDT to cover BTC demands.
- Yes it's simple as that..
- Tether is not really different than the FED.
- they just print more USDT from thin air when peoples want buy more BTC.
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- Remember that without BTC, Tether would worth 0$ and disappear.
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St4y Safe
Happy Tr4Ding !
Tether Dom- i will try to make it short.
- Like always everything is understandable in graph.
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TA :
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- Tether made a triple new ATH around 9% dominance on Crypto Markets.
- Got rejected 3X times.
- Right now it's the 4th attempt for USDT trying to break 9%.
- i kept BB in graph to show that USDT flirts again with the higher bollinger band.
- Right now the most important is to watch out for Divergences.
- Divergence or Hiden-Div will come soon or later.
- i expect Tether to back around 5% Dom around 2024 when the bullmarket will back.
- Do you remember last year when USDT and USDT were racing together ?
- USDC ( Circle ) Failed with the fall of Silicon Valley Bank.
- Now USDC is a back to 2.60% Dom.
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FA :
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- Remember USDT still have a big lack of transparency.
- if u check the news, you will notice that Tether invested heavily in Bitcoin Mining.
- They did this move to use this diversification as a parachute in case of troubles.
- if Tether fails for any reason it could quickly dip to 3.7% Dom.
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Last Point : CDBC are coming and central banks will try kickout Tether from this game.
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Conclusion : Stay Safe and Buy Bitcoin !
Happy Tr4Ding !
Bitcoin can rebound up from triangle to 68400 resistance levelHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time traded near the support level, which coincided with the buyer zone and then broke it, after which it rose to 68K points. After this movement, the price made a downward impulse to support line and then grew. In a short time later it rose to a resistance level, but then corrected almost a support line, after which turned around and continued to grow. Later BTC reached the 68400 level, broke it and even rose higher than the seller zone, but soon fell below. Price some time traded near this level and then rose higher than the seller zone again, after which turned around and started to decline inside the triangle. In this pattern, BTC broke the support level with the resistance level and fell until to the buyer zone and even lower, to the support line of the triangle. After this, the price made impulse up to the 68400 level and then rebounded down to the support line. A not long time ago, BTC bounced from this line and started to grow. So, in my opinion, the price can make a move down, below the support line of the triangle, and then rebound up to the 68400 resistance level, which coincides with my TP. Please share this idea with your friends and click Boost 🚀
BTC - Still Bullish...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, attached on the chart, BTC rejected the red structure and traded higher creating a new short-term structure marked in orange.
📈As long as the structure marked in orange holds, BTC will remain bullish, and a movement towards the upper bound of the blue channel and all-time high at $74,000 is expected.
📉 If the orange zone is broken to the downside, a bearish correction toward the $65,000 round number would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin / TetherUSHello community,
Small daily chart on BTC.
I have displayed the accumulation zones.
The historical high is at $73,777, I think we will go for it.
The 200-period simple average is flat.
Not being a crypto specialist, my analyte may be wrong.
Make your opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
BTCUSDT.P
I'm trying to short the king of crypto, BTC. This is more of a degen trade, so proceed with caution! Momentum and RSI are losing ground, which could be bearish. Keep in mind that both are momentum oscillators, so they behave similarly.
Keep that SL tight and stay safe. This is not financial advice in any form.
Stay safe!
Don't you want to know?BINANCE:BTCUSDT
As Bitcoin approaches $73,000, we find ourselves at a crossroads. Will Bitcoin break through the megaphone and go above $73,000 or set a new all-time high? Alternatively, will it be rejected by this strong resistance of $73,000 and fluctuate within the megaphone again? In my opinion, the price will rise to around $73,500. Based on my experience, Bitcoin could experience a sudden drop around this price level ($73,500 or higher) to liquidate long positions before breaking the megaphone and reaching higher prices. It is also worth mentioning that with the approaching U.S. elections and tensions in the Middle East, the market can be very volatile, so consider risk management.
Previous analysis!!
Long term preview!!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!