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Btcanalysis

Bitcoin Analysis==>>Fifth Attack to Resistance linesBitcoin is currently moving near important Resistance lines and a Potential Reversal Zone(PRZ) . This is the fifth time that Bitcoin has attacked important Resistance lines . I expect Bitcoin NOT to break the Resistance lines for the first time in the 5th attack . Also, we can see Regular Divergence(RD-) between Consecutive Peaks . Also, I expect that Bitcoin will at least fill the first CME Gap($68,700-$68,270) , and if the Uptrend line breaks, we can expect Bitcoin to go down to the Support line and possibly fill the second CME Gap($66,350-$65,835) as well. Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
28
It's imperative for bulls to hold 63.500 In my weekend analysis, I mentioned that BTC looked bullish across all time frames. The beginning of this week was promising for BTC, but enthusiasm faded at 70k, and the price started to decline. Currently, the price is at 64k, just above the 63,500 support level. This support is crucial for the medium-term price evolution. If the bulls cannot maintain the price above this level, we might see a drop below 60k, potentially negating my prediction of 100k by the end of the year. At this moment, I'm neutral on BTC. If the price breaks below the support, I will exit with a loss. Only a return to the 68-69k zone would bring some optimism back.
BITSTAMP:BTCUSD
by Mihai_Iacob
16
Bitcoin is Ready to Attack the Resistance Zone ==>>Short termBitcoin ended up filling both CME Gaps as I expected. Bitcoin is currently moving near the Support zone($65,500-$64,600) and seems to have succeeded in forming a Falling Wedge Pattern . I expect Bitcoin to attack the Resistance zone($67,540-$66,740) at least once and if this zone is broken, we should expect Bitcoin to reach $68,000 . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Long
by pejman_zwin
24
Is BTC Really Bullish?Upward return movements can be considered substructure. A range is forming for BTC, we are near the premium of this range. We can consider the purpose of this substructure to sweep the liquidity pools on the top of the chart (which we specified with $$$). We can expect a drop to the specified levels by sweeping one or both liquidity pools above the chart. Closing a candlestick above the invalidation level will violate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
Bitcoin will Fill the CME Gap!!!Bitcoin reached the Resistance zone($68,000-$66,170) again. Will Bitcoin succeed in breaking this zone or not❗️❓ According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 5 ; the structure of the main wave 5 can be Expanding Ending Diagonal . Also, we can see Regular Divergence(RD-) between Consecutive Peaks . I expect Bitcoin to go down at least up to the Support line and the CME Gap($66,350-$65,835) . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
37
Bitcoin is Ready to Attack to Heavy Resistance zoneBitcoin moved as I expected in yesterday's post and managed to break the descending channel and Resistance zone($65,500-$64,850) . According to Elliott's wave theory, Bitcoin is completing the main wave 5 . I expect Bitcoin to start rising again after the minor correction and attack the Heavy Resistance zone($67,930-$66,160) . Do you think Bitcoin will break the Heavy Resistance zone($67,930-$66,160)❗️❓ Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Long
by pejman_zwin
26
Bitcoin Roadmap==>>4-hour Time FrameBitcoin made the corrections I had expected in previous posts . Bitcoin is currently moving in the Support zone($63,410-$62,280) . According to the good news from the crypto market , we should expect an increase in Bitcoin at least until the end of July, when the annual Bitcoin conference is in a few days. According to the Elliott wave theory , Bitcoin seems to be completing wave 4 . If the upper line of the descending channel breaks, we can confirm its end . I expect Bitcoin to rise to at least the Resistance zone($68,000-$66,170) . Bitcoin Analyze (BTCUSDT), 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Long
by pejman_zwin
18
Bitcoin Analysis==>>15-minute time frameBitcoin is moving near the Resistance zone($65,500-$64,850) and Resistance lines . I expect Bitcoin to attack the Support zone($64,280-$63,850) again in the coming hours; if the support zone breaks , we should expect Bitcoin to fall at least to the support line . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
33
BTCUSDT.1DIn my rigorous analysis of the BTC/USDT daily chart, I explore various technical dimensions that help in shaping an effective trading strategy. Current Market Position: The price of BTC/USDT is currently at $64,002, reflecting a 1.60% decrease in the latest session. This movement indicates significant volatility and necessitates an in-depth technical examination to predict future directions. Trend Analysis: BTC has shown some consolidation after a bullish run, evident from the trading range defined by several key resistance and support levels. The recent price behavior suggests a struggle between bears and bulls to establish control. Support and Resistance Levels: S1 at $58,923.16 and S2 at $53,398.13: These support levels are crucial. A break below S1 could indicate a bearish downturn towards S2, whereas stability or a bounce at S1 might suggest continued consolidation or an upward reversal. R1 at $67,571.03 and R2 at $74,056.94: R1 is the immediate resistance, with R2 providing a higher target in case of a bullish breakout. Surpassing R1 would potentially open the way for a test of R2, signaling strong bullish momentum. Technical Indicators: Relative Strength Index (RSI): The RSI at 58.25 shows that BTC is neither overbought nor oversold, hovering near the midpoint. This suggests a potential for either direction, depending on market forces and upcoming news or economic data. Moving Average Convergence Divergence (MACD): The MACD line is above the signal line but shows signs of converging. This could indicate a weakening bullish momentum or a potential bearish crossover if the trend continues. Strategic Trading Insights: Given the current market setup, my strategy would involve a balanced approach. I would closely monitor the price action near the support level of S1 ($58,923.16). Holding above this level might offer a buying opportunity, anticipating a potential test of R1 ($67,571.03). Conversely, a breakdown below S1 would warrant caution, potentially adjusting positions to prepare for a further slide towards S2. For entry, I'd consider a long position if there's a clear bounce from S1 with adequate volume support, setting a stop-loss just below S1 to mitigate risks. On the flip side, should the price break below S1 convincingly, I'd explore short positions, targeting S2 while maintaining a tight stop above the broken support. Conclusion: The BTC/USDT trading pair presents a complex scenario with significant levels at S1 and R1 likely to dictate the short-term market trend. Traders should stay alert to these pivotal levels and adjust their strategies based on solid technical signals and market dynamics. Implementing stringent risk management and keeping abreast of market news are imperative to navigate the anticipated volatility effectively.
Short
by MarsSignals
Bitcoin Need Correction!!!==>>15-min time frameBitcoin started to rise after the German government finished selling Bitcoin , and what happened to Trump . Bitcoin is currently in the Resistance zone($64,420-$62,700) and near the 21_SMA(Weekly) . According to the theory of Elliot waves , it seems that five waves have been completed and we should wait for corrective waves . I expect Bitcoin to fall to at least $61,780 . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
16
Bitcoin Analysis==>>15-minute time frameAfter breaking the lower line of the Leading Diagonal , Bitcoin confirmed the completion of this pattern yesterday. Today, I analyzed Bitcoin for you in 15-minute time frame . According to the Elliott wave theory , Bitcoin seems to have completed the Zigzag Correction near the lower line of the Leading Diagonal ( pullback completion ). I expect Bitcoin to go DOWN to the Targets specified in the chart in the coming hours. Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
11
Bitcoin Roadmap==>>1-hour time frameThese past few days, the cryptocurrency market has been affected by news about the Mt.Gox exchange and the German government's manipulations . Bitcoin has managed to break the Heavy Support zone($61,100_$58,700) and 200_SMA(Daily) and is currently completing a pullback . In terms of Classical Technical Analysis , it seems that Bitcoin has succeeded in forming a Symmetrical Triangle Pattern ( A symmetrical triangle is usually a continuation pattern ). Regarding Elliott's wave theory , Bitcoin seems to have finished the Double Three Correction(WXY) . I expect Bitcoin to fall at least to the Lower line of the Symmetrical Triangle Pattern and Cumulative Long Liquidation Leverage . Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze (BTCUSDT), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
14
BTC Analysis | Bearish Trend and Key Support Levels 1D TFIn the last major rally, BTC needed approximately $522 billion to drive a 51% surge. Data from Feb 5 to Mar 4, 2024, highlights the substantial capital influx required for such a rise. Given current market dynamics, the availability of similar liquidity to ignite another significant price jump seems unlikely. 1D TF highlights a key support level around $ 53K ~ $ 50.5K. This range is crucial to monitor before expecting further price drops. Additionally, there's a strong resistance zone at $60K ~ $65K. Bitcoin is likely to test the $ 65K resistance level before resuming its decline. 🔴 Still Keeping My Bear Stance 🧸 I’m waiting for the Price RANGE of $ 30K ~ $ 25K to open a LONG Position. Disclaimer: NFA ➖ DYOR 🧠 💡 Open for discussion on this analysis 💬
COINBASE:BTCUSD
by TeddyVizion