BTC/USDT Analysis:Bitcoin (BTC/USDT) Analysis:
The green box marks a crucial support level between $90,000 and $92,500.
Historically, this area has acted as a strong demand zone where buyers have stepped in to increase prices.
The price has broken below the mid-boundary of the ascending channel and is currently trading near the lower boundary.
A retest of the green box is possible if the bearish momentum persists.
The green moving average (possibly 200 EMA or similar) is slightly above the current price. This suggests that the price is losing upward momentum and the moving average could act as resistance on any bounce.
The red arrow on the chart indicates a possible move downwards towards the green support zone.
DYOR, NFA
@Peter_CSAdmin
Btceth
BTC/USDT 4-hour chart analysis. BTC/USDT trades within an ascending parallel channel, respecting the upper and lower trendlines.
Current price: $99,789.68, retracing back towards a crucial support area.
The highlighted green area is around $98,000-$100,000, which acts as the channel’s demand zone and mid-range level.
200 MA (green line): Located near $97,830, providing dynamic support.
Immediate resistance near the upper channel trendline (~$110,000).
Psychological resistance at $105,000, a crucial round-number level.
If BTC maintains the $98,000-$100,000 support area, it is set to bounce towards:
Short-term target: $105,000.
Mid-term target: $110,000, aligned with the upper channel boundary.
If BTC breaks below $98,000, further declines to test $95,000 (lower trend line) are possible.
A breakdown below the channel will invalidate the bullish trend.
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.
@Peter_CSAdmin
Potentially a good time to switch from BTC to ETH.Hi all, let's look at the 1W ETH to BTC chart, in this situation we can see how the price is moving below the downtrend lines, in this situation we have several such lines which also indicate strong resistance places for the price in a given move.
Currently, a correction is visible, but as the trend reverses, resistance levels are visible at the following levels:
T1 = 0.04504btc around 21.5%
T2 = 0.05346btc around 44%
T3 = 0.06004btc around 61.5%
T4 = 0.06652btc around 79%
T5 = 0.07623btc around 105%
Now let's move on to stop-loss in case the market continues to fall:
SL1 = 0.03166btc
SL2 = 0.02213btc
SL3 = 0.01612btc
On the RSI indicator, we have a visible movement at the lower end of the range, which could potentially indicate an upcoming increase, here it is worth watching the trend line under which we are moving, because the moment of approaching it gives a renewed price recovery.
BTC/USDT Weekly Chart Analysis. BTC/USDT Weekly Chart Analysis.
A classic bullish reversal pattern has played out successfully.
The structures of the left, head, and right shoulder are perfectly aligned, confirming the breakout above the neckline.
BTC has broken its previous all-time high resistance, pushing above the $100,000 level with strong momentum.
The current sharp rally suggests overextension; a pullback could occur.
Trendlines and Resistance Areas:
BTC has crossed a long-term upward trendline and broken above the resistance area (highlighted in beige).
The breakout signals a shift in price discovery with a possible consolidation or retest.
The 21 EMA (black line) remains well below the current price, confirming bullish strength.
If the momentum sustains, BTC could rise to $120,000-$130,000 in the coming weeks.
The previous resistance area ($80,000-$85,000) could be retested.
This would allow for consolidation before the next leg up.
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.
@Peter_CSAdmin
What is Bitcoin ‘Pairs Trading’? (Example: ETH/BTC)This is for anybody who wants to sell some Bitcoin but is still bullish crypto. 🚀
It’s also if you’re neutral on crypto but think Bitcoin is overvalued vs other tokens.
It’s also just if you’re just interested to see a way to apply a pairs trading strategy .
In case you’ve been hiding under a rock, Bitcoin just broke over $100k - No more waiting for the HODLRS!!
Naturally after hitting this massive milestone, some traders are going to be thinking about taking profits. And if they’re thinking it, some of them are going to be doing it.
But let’s forget about selling for a moment, are you really buying more BTC when it just hit $100k and it's up ~150% this year?
So even if there is not more active selling interest, there’s probably less buying interest.
I think you’d be mad (or very brave) to bet against Bitcoin. BUT
Are these scenarios possible?
Bitcoin trades sideways for a while after hitting $100k
Alt season kicks in and other cryptos play catchup
If you think yes to at least one of these, my team and me have been looking at a pairs trade
What is pairs trading?
Pairs trading in crypto is a market-neutral trading strategy that involves taking a long position in one cryptocurrency and a short position in another, based on the assumption that their historical price relationship will revert to the mean.
The point is to profit from the relative price movement between the two assets, i.e. not the absolute ups or downs of one asset like Bitcoin.
ETH/BTC
I put this crypto pair this way around - I’m not sure if you’re meant to - it just kind of reminds me of EUR/USD in forex trading.
So as a reminder, ETH/BTC is Ethereum’s token Ether priced in Bitcoin. When Ether outperforms Bitcoin it goes up and when Ether underperforms Bitcoin, it goes down.
So it doesn’t actually matter if Bitcoin goes up, down or sideways, if you’re trading ETH/BTC - what matters is what one does relative to the other.
Well this thing has been going down a lot! Until recently.
Going back to the idea of pairs trading - the thesis here is that the Ethererum/Bitcoin price ratio has dropped to bargain levels and could be about to recover.
I’m not going to lie to you - there are a lot of sore hands out there from trying to catch this falling knife!
But this rebound off the 61.8% Fibonacci retracement of the 2020-21 rally has caught our attention.
Dropping to the daily chart, can you see how 0.4000 has acted like a magnet to the price both from above and below?
0.4 is our line in the sand for long positions.
Equally, our risk is well defined in this setup. A drop back under the 61.8% Fib level around 0.32 means the idea isn’t working and it's time to get out and let Bitcoin do its thing!
How to trade it
Specific entries and exits depend on your personal risk tolerance, but broadly there are THREE methods here:
1. Crypto-to-Crypto Spot Trading
Trade ETH directly for BTC (or vice versa) on a cryptocurrency exchange. This is straightforward and involves holding the actual assets.
2. CFD Trading (Contracts for Difference)
Speculate on ETH/BTC price movements using CFDs without owning the underlying cryptocurrencies. This allows for leverage and the ability to short-sell.
3. Spread Trading
Buy ETH and simultaneously short BTC (or vice versa) with equal dollar value to profit from their relative price movement while minimizing exposure to overall market trends.
But that’s just how we are seeing things?
Do you think this is bananas, or could we be onto something?
Please let us know in the comments
Cheers!
Jasper. Chief Market Analyst, Trading Writers
#BTC/USDT#BTC
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of
96000
Entry price 96500
First target 97270
Second target 98691
Third target 100000
BTC/USDT 4H Chart AnalysisBitcoin remains within an ascending channel, respecting both the upper and lower trendlines.
The price is currently hovering near the channel's midline, indicating indecision.
Support: $94,500 (ascending trendline and psychological level).
Resistance: $96,800 (recent local high).
The 21 MA (yellow line) provides dynamic support, but the price action shows some weakness in holding above it.
Declining volumes indicate low conviction in recent price activity.
Momentum appears to be neutral, awaiting a catalyst for direction.
A breakout above $96,800 could push BTC towards $100,000.
A breakdown below $94,500 could lead to a retest of $92,000 (lower trendline).
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Possible Top for BTC/ETHI can see a possible top on the BTC vs ETH chart. It has clearly gone up alot and if you combine that with the divergence on the RSI + BTC Dominance about to fall the possibility for this to happen gets stronger!
This means that Ethereum is about to go for a run and if that happens alot of projects based on ETH will have a big rally.
#BTC/USDT / Ready to go up#BTC
The price is moving in a descending channel on the 30-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 74260
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 74854
First target 75485
Second target 76545
Third target 77746
BTCETH 1H - Time to BUY ETH?BTCETH 1H - Time to BUY ETH?
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BTCETH 1H - Time to BUY ETH?
The advantage of owning BTC in relation to ETH is turning around. So far, the spread between the price of BTC and ETH has benefited BTC holders, but right now, ETH is experiencing much stronger increases while BTC is trying to consolidate prices above $75,000.
ETH, unlike BTC, is still a long way from reaching its all-time highs, so a priori, being the most relevant ALTCOIN, it seems logical that it is very attractive in the eyes of traders.
If the downward trend consolidates, many will sell their BTC and position themselves in ETH, giving rise to the starting gun for the ALTS BULLRUN.
Good luck in your decision making.
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I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
#BTC/USDT#BTC
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 66900
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 68800
First target 69764
Second target 71385
Third target 73266
#BTC/USDT#BTC
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 70500
Entry price 70500
First target 71700
Second target 72660
Third target 73712
ETHEREUM is 1.1 TRILLION DOLLARS less valuable than BITCOINor -78%
The flippening was a common narrative.
ETH as hard money was also a narrative - in reality only when gas is exorbitant.
ETH as a world computer was the early narrative.
Bitcoin deserves it entry on to the world stage cycle.
ETH can become a 1 Trillion dollar + network.
Sharding and splintering of the network effects of the mainet clearly is not value creating. Splitting of communities and economic energy was the result.
Solana flippening is a good narrative that we are following this cycle.
Coins are the product of these smart contract platforms.
At the moment the best coin factory is SOL.
BTC is scarce. No coins are allowed to be created on it's. The Bitcoin forks had the stink of a founder, a human attached to it's network ... not what capital allocators.
They wanted a autonomous network that runs by itself and ossificatoin of the code. A complicated spaghetti bowl of code that the core dev team refuse to tinker with.
The results is clear at this point in time.
#BTC/USDT#BTC
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 66000
Entry price 66600
First target 58056
Second target 69169
Third target 70000
BTC/USD Golden Cross OverviewThis chart shows a potential "golden cross" pattern, which occurs when a short-term moving average (typically the 50-day) crosses above a long-term moving average (like the 200-day). In this chart, Bitcoin's price is hovering near $68,102, while the red and green lines (likely representing the 50-day- and 200-day moving averages) converge.
The current consolidation within the channel suggests that Bitcoin could be gearing up for a bullish breakout. If the price successfully breaks out of the upper channel resistance, it might accelerate toward the next key level near $72,000.
Around $48,803 and the lower channel boundary
Near $72,000, aligned with the upper trendline
If the golden cross confirms and holds, this may signal strong upward momentum for BTCUSD into the following months.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Bitcoin Analysis Update!!Bitcoin continues to trade within a broad ascending triangle pattern, with its recent price action showing signs of strength as it approaches a crucial resistance area.
Bitcoin's moves within this pattern indicate increasing volatility, with higher highs and lows.
The price is currently testing a key supply zone acting as resistance. A breakout above this level could indicate strong bullish momentum.
For long entries, look for a confirmed breakout above the horizontal supply zone, targeting higher levels in the resistance zone.
A stop-loss can be placed below the support of the ascending triangle to protect against false breakouts.
Bitcoin's ability to maintain momentum and break key resistance levels will be key to confirming the next major move. Keep an eye on this setup and adjust strategies based on price's reaction to these levels.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BTC/USDT Analysis UpdateBitcoin has formed an ascending triangle pattern, and the price is currently testing a key horizontal supply zone. This level has historically acted as a resistance area, making it a crucial point to watch for a breakout.
The triangle's upward trendline shows steady buying pressure, with the price making higher lows.
Bitcoin is trying to break through this significant resistance area, which could trigger a bullish rally if A confirmed breakout above this zone, with strong volume, would suggest a continuation of the bullish trend, targeting higher resistance levels.
Consider entering a long position if there is a confirmed breakout above the supply zone with a retest showing support.
To minimize risk, a stop-loss can be placed just below the ascending triangle's lower boundary.
Look for profit targets around the next significant resistance levels.
Keep a close eye on the price action and volume to confirm the breakout, as this could set the tone for Bitcoin's next major move.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BTC/USDT Analysis Update!Bitcoin is currently consolidating within an ascending triangle pattern, indicating potential bullish momentum. The price action suggests an attempt to break a crucial horizontal supply zone, which could act as a crucial hurdle for further gains.
The formation of an ascending triangle is typically a bullish continuation pattern, indicating the possibility of an upside breakout.
Bitcoin is testing a crucial supply zone, where sellers have been active previously. A decisive breakout above this zone would confirm the bullish trend.
Consider a long position on a confirmed breakout above the supply zone with strong volumes.
A stop-loss can be placed just below the lower boundary of the ascending triangle to manage risk.
Look for potential profit targets around the next resistance levels or key psychological levels. This setup needs to be monitored closely as market volatility could increase in the coming days.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
The BTC/USDT 1-day chart shows the following key technical pointBitcoin is currently trading within a descending channel, which indicates a continuation of the bearish trend unless there is a breakout.
There is a crucial resistance area around the $66,000 to $70,000 range. BTC may struggle to break above this level without strong bullish momentum.
The chart shows a lower trendline acting as support, which is currently located around the $50,000 level. If BTC breaks below this level, it could lead to a more significant decline.
The purple line on the chart represents a moving average that has acted as both support and resistance in the past. BTC is currently trading below this moving average, indicating a bearish sentiment.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other altcoin.
@Peter_CSAdmin
According to the BTC/USDT 1-day chart !According to the BTC/USDT 1-day chart, the strong resistance level around $67,800 is an important area to watch for the following reasons:
The $67,800 level historically serves as a significant resistance point, closely aligning with the upper boundary of the recent supply zone. Many traders and investors have likely placed sell orders or profit-taking levels around this price, increasing the chances of BTC hitting resistance when it approaches this area.
The price currently respects the descending trendline and the $67,800 level is aligned with this trendline resistance. This convergence of factors strengthens the resistance, making it an important area to monitor for potential selling pressure.
Based on recent price action, trading volumes usually decrease when BTC reaches higher resistance levels, but strong volume rejection around $67,800 could trigger bearish momentum. On the other hand, a breakout above this level with strong volumes could signal a significant bullish momentum.
As BTC approaches the $70,000 mark, levels like $67,800 become psychologically important, where traders may turn cautious, and large sell orders may accumulate, acting as a barrier.
If BTC breaks above $67,800 decisively with strong volumes and momentum, it could signal a trend reversal and a potential move toward the $72,000 – $75,000 range.
Rejection at this level and other bearish signals (such as overbought conditions or trendline resistance) could lead to a retreat to lower support levels around $60,000 or $55,000.
Do you want me to adjust the analysis or add more details on a specific aspect?
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other altcoin.
@Peter_CSAdmin
BTC/USDT 4HOUR CHART UPDATE !!Latest BTC/USDT Long Update:
Bitcoin is showing strength by rebounding from a crucial support trendline, which suggests the presence of strong buyer activity in this area.
This support level has held well recently and continues to act as a solid base for further price action.
Ahead lies a horizontal supply zone acting as a key resistance level.
A breakout above this zone would provide strong bullish confirmation and signal a possible uptrend continuation.
Traders are carefully monitoring this supply zone for any signs of a breakout.
A clear move above this resistance could change market sentiment, potentially leading to a more sustained rally.
The Bitcoin price action trendline is indicating a bullish trendline with strong support. Traders are looking for a breakout above the supply zone, which would confirm the start of a strong bullish rally. However, if Bitcoin fails to break out, it could lead to further consolidation near this resistance area.
Let me know if you want further information or analysis!
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other altcoin.
@Peter_CSAdmin
#BTC/USDT#BTC
The price has broken the descending channel on the 12-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 53000
Entry price 62000
First target 65240
Second target 69200
Third target 73600
BITCOIN chart update !!1D timeframe: The daily chart shows a broad downward trendline forming resistance around $64,000. There is also a projection going downwards to the $51,000-$52,000 support area, which aligns with the green trendline on the chart. This suggests that after this resistance, Bitcoin could experience a more significant correction towards lower support levels.
These are possible scenarios based on existing technical patterns. Markets can behave differently depending on macroeconomic factors and other events, so it is important to stay updated.
Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.