lol Bear Trap?? Where??? $BTCPA for 4btc has hit an inflection point, As PA retraces, i'm expecting three different scenarios to play out as shown on the chart.
Btclong
BTC Update - 06.02.2024 / Long is coming4h chartt:
on the senior time frame I see the price is in accumulation, the breaker imbalance is holding at the bottom, the key boundaries of accumulation at the top.
I think that the local minimum has already been seen, if we go even lower I will look for positions inside the accumulation lower, but I think it will not happen.
From above there are targets in the form of the key accumulation along with the seller's manipulation zone, also the key high.
I am considering positions from POI on ltf, or if we go lower into the breaker imbalance zone!
Not financial advice, always think with your head! ❗
BTC-USDT / 4H / TECHNICAL ANALYSIS BINANCE:BTCUSDT I've determined the target, entry level, stop level, and target level of the formation on the chart.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
BTC - Bitcoin Falling to $32,000! Or Will It Fall Lower?Bitcoin completed its measured move from the breakout at $31,800, to $37,800 and reached its peak at $48,900! As expected, we witness a sell signal at this level, indicating that the bull run is over. Should we short or long?
How do we trade this? 🤔
My last analysis began just after the confirmation bar closed after the sell signal that wicked at $48,900. This analysis called for a short to just above the trading range support at $38,350:
That short has come and gone, there is not enough area left to short without placing too much initial risk on the trade. It is still reasonable to short on lower timeframes like the 5m and 15m chart, but not the 4HR and Daily as we're doing here. We should be looking for long entries in the Trading Range zone between $31,800 and $37,500, right at the Daily 200EMA support.
If we find a strong bull signal and confirmation candles following that support area, we should enter at least a 1:2 Risk/Reward Ratio long with a position size near our maximum, as justified by these data points and the macro bull trend. Stop loss should be placed below the Trading Range at $34,300. It's reasonable to take half profits at 1:1 Risk/Reward around $38,900, move the stop loss to your entry price to lock in profits, and then swing the rest of the position to at least $41,200.
💡 Trade Idea 💡
Long Entry: $36,600
🟥 Stop Loss: $34,300
✅ Take Profit #1: $38,900
✅ Take Profit #2: $41,200
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Measured Move completed followed by strong sell signal and confirmation bars
2. Two legs into a pullback with a gap to fill to the Daily 200EMA
3. Look for Support to long in the Trading Range near the Daily 200EMA
4. RSI at 38.00 and below the Moving Average, supports the continued to fall to the Trading Range
5. Once a strong signal and confirmation bull bars close above the Daily 200EMA, it's reasonable to long at 1:2 Risk/Reward
💰 Trading Tip 💰
It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
ALGO LONG ANALYZE 1H Hello dear traders
In ALGO currency, there is a suitable area for buying in the 1-hour time frame
Pay attention that the price must reach the specified area and if the price rises at first and forms a new ceiling, this analysis will lose its credibility.
The profit limit is specified in the chart and include the loss limit according to the transaction with your own style.
I hope it was useful for you
Be happy and profitable.
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update.
After Bitcoin's recent setback from the crucial 48K level, the price sought support around the middle boundary of the ascending channel and an important range defined by the important 100-day moving average at 39K.
A slight correction occurred, taking the price back towards the current fair value gap (FVG) within the range of 43,578 and 45,606.
This price range has the potential to increase resistance against further selling pressure, perhaps even taking it back towards the 100-day moving average. However, a breach below this important moving average could lay the groundwork for a medium-term bearish trend.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Long-term bullish trend for Bitcoin. (3-EMA) with periods of 50, 100, and 350 days creates a bullish configuration, where shorter averages are above the longer ones, signaling a potential continuation of the uptrend.
The strength of the trend is also supported around events such as Bitcoin halvings, which historically have been associated with periods of intense price increases. The upcoming fourth halving may be another catalyst for price movements. Equally important could be market events like the approval of a Bitcoin ETF , which could bring new institutional capital to the market.
Increased trading volume during clear price movements indicates significant interest at these price levels, which can be interpreted as confirmation of the trend's strength. The analysis may also point to key resistance levels, which, if broken, could pave the way for further price increases.
Current technical configuration indicates a strong bullish trend, which, if maintained, could lead to testing and breaking through successive price levels. It is always important to remember that the cryptocurrency market is characterized by high volatility and unpredictability, therefore any technical analysis should be regarded as one of many tools for making investment decisions.
BTC 1D bullish if closes above this range!On the daily timeframe BTC bounced backed locally at 100EMA daily. Closing above 42k will be further bullish for Bitcoin to test 44k 48k and above. Falling below 38.5k will be bearish.
Trade in break trendline📊Analysis by AhmadArz:
this chart in bear trend for mid-term but getting open short-term long.
🔍Entry: 40566
🛑Stop Loss: 39472
🎯Take Profit: 41436 - 42886
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
BTC/USDT 2DAY CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 2-day update.
The first head and shoulders that we see has been completed and is pending retest, we can assume that the first head and shoulders can retest 100 MA, and BTC can reach $49000
In the second Head and Shoulders pattern, the last shoulder is yet to form, it looks like this, so we can assume that the second Head and Shoulders pattern can be completed near $37000 and if it breaks above then its resistance zone will be at $49000. It will be close. $49000. We may see a new all-time high in BTC. The time for BTC halving is also getting closer.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- the rejection from the 48K resistance zone extended, with the price breaking below the lower boundary of the ascending flag, indicating the presence of sellers. However, after a strong breakout, a retracement towards the flag’s lower boundary is underway, potentially completing a pullback. If it happens, the retrace could pave the way for the continuation of Bitcoin’s downward movement in the short term, targeting the static support range of 39K.
Bitcoin’s mid-term prospects suggest consolidation within the critical price range bounded by the substantial resistance zone at 48K and the decisive support at 39K. Nonetheless, a successful breakout from this zone will shed light on the cryptocurrency’s next impulsive trend.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
BTC Bull & Bear historical Periods 3 Bull & Bear Markets
Bull markets took around 152 weeks...
then
V
v
v
v
v
Bear Markets took around 52-59 weeks..
then
v
v
v
v
v
v
v
Bull Market gain...
----------------------------------------------------------------------------------------------------------
After 2021 ATH
BTC recorded his current bottom after 52 weeks ( 15500 $).
BTC pumped after 59 weeks .
then what ?
Will the history will repeat itself again ??
if we will be alive inshallah ,we will see the next 152 weeks to ( October - November 2025 ) if this will be the New ATH of the next bull market or not :D
It is not a financial advice , PLZ DYOR
What happens when Crypto Chessboard flips?In-depth analysis considers various factors:
Despite the approaching Bitcoin halving.
We consider the following:
Acknowledging the historical price surge before the Bitcoin ETF launch, making it resistant to substantial capital investments.
Recognising the lack of momentum post-ETF launch and the struggle to breach the upper resistance around 51-52k.
Taking into account the challenging global economic situation, particularly in the United States.
Highlighting the potential impact of a Black Swan Event, investigating the consequences of a fictitious ETF post.
Addressing uncertainties following CZ's departure from Binance as CEO, posing another potential Black Swan event that could push prices below the Wyckoff distribution phase boundary at 24-22k.
Speculating a third logical move by corporate traders to increase market liquidity, creating a massive bull trap to attract influencers and optimists anticipating a significant Bitcoin ETF-driven price surge, leading to widespread doubt in Bitcoin and a gradual decline to the Wyckoff lower support.
Related Financial News:
- Bitcoin's halving event draws attention from traders, with speculation on its potential impact.
- Historical price patterns show resistance before major events like ETF launches, impacting capital flow.
- Global economic uncertainties, especially in the U.S., contribute to the overall market sentiment.
- Increased scrutiny on potential Black Swan events, emphasizing the need for risk assessment.
- Binance's CEO change introduces an element of uncertainty, potentially affecting market dynamics.
- Corporate traders strategizing for liquidity boosts, creating opportunities for market manipulation.
- Influencers and optimists fuel expectations of a Bitcoin ETF-driven surge, but skepticism prevails due to historical patterns and external uncertainties.
BTC - Next leg up is near !! Clear Channel on a strong area of support , Expecting next leg up to start soon , do not miss it !!
Bitcoin about to pump back to $45,760, but it won't last!Bitcoin is about to break out of the wedge pattern and pump back to the $45,760 level as shorts exit their positions, but it won't last long as longs who were trapped by the recent drop will frantically exit their positions in an attempt to break even. The selling will likely compound, especially if the shorts re-enter at that same level.
It could be the perfect storm that eventually causes Bitcoin to drop below the $40,000 level.
Always use a stop and trade with discipline, not emotion!
Good luck!
BUYING HERE MORE BTC!!!!hello traders
as i can see BTC bulls are holding the market and inflation game is going to ending soon in the world its just an shorter TF Game otherwise BTC have lot more to bring in the house
its just an trade idea share with us ur thoughts .....
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- 4-hour chart, it is evident that the price action has been very choppy over the last few weeks. BTC has been trading between 40K and 45K for quite a while.
the price is currently breaking above the 46K resistance level. A valid breakout would pave the way for a bullish continuation toward the key 48K resistance level. The reaction to this level would likely determine the mid-term price action for BTC and the whole crypto market.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
BTC - Wyckoff Reaccumulation Flag w/ABC LPS#BTC
I love to see the noise and fear that comes from these patterns playing out, IMO sentiment is a massive tell.
So far this flag is a textbook support bounce, and if it plays out will head in the direction of max pain, and fast...
Long BTC to Around $48,000BTC was up roughly 70% from October 5 to December 5 with the current price action observed within a horizontal trading range. I will be opening a long position on the Spring position around $40,000. If the Spring fails then I will exit the position at a small loss. I think we will observe a sign of strength (SOS) rally that will take the price to around $48,000.
This is not financial advice. I am not your financial advisor. This is my opinion.
BTC seems to be preparing to go up.
* 1D
The period adjustment continues while maintaining the upward trend, and is expected to be completed soon and rise again.
BTC up up up 51k soon?The current market conditions, as indicated by the 4-hour Money Flow Index (MFI) signaling a remarkably low value and a robust Relative Strength Index (RSI) holding steady on both the daily and weekly charts, suggest a potential clear breakthrough of the resistance level around 44,000. This combination of a very low MFI and a strong RSI may pave the way for a significant upward movement in the price of BTC. If this trend persists, we could witness a surge in the value, possibly reaching around 51,300 for Bitcoin. Traders and investors should closely monitor these technical indicators, as they may provide valuable insights into the upcoming market movements and potential opportunities for profit.
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- BTC 4-hour chart looks like a triangle pattern has formed and it looks like BTC is breaking out of the 4-hour chart triangle pattern and making a comeback. From here, we can expect BTC to bounce around 14% to 15%.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
