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Btclong

BITCOIN WEEKLY CHART UPDATE !!This BTC/USDT chart shows a potential inverted head and shoulders pattern on the weekly timeframe, indicating a significant bullish reversal. The chart clearly shows an inverted head and shoulders formation, with a bullish left shoulder, a bearish head, and a bullish right shoulder. The neckline has been broken upwards, confirming the bullish breakout of the pattern. The neckline, located around $83,000-$85,000, now acts as a strong support level. The measured move indicates a potential target range of $130,000-$150,000, depending on the height of the pattern. Although BTC has seen some retracement after breaking the neckline, it remains above the critical support levels. The consolidation above the neckline further strengthens the breakout. The green path indicates higher highs, indicating the next potential wave towards $110,000+. Any pullback should ideally find support at or above $85,000 to maintain the bullish structure. For volume confirmation, an increase in weekly volumes will validate the breakout and support continued upward movement. Small update: Monitor price sustainability above $94,000-$96,000 to confirm ongoing bullish momentum. Stop-loss: A drop below the neckline ($83,000) could invalidate the pattern. This chart presents a long-term bullish outlook with higher targets. 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
Long
by CryptoSanders9563
Bitcoin Price Key Support Levels in Correction📉 Bitcoin's Support Levels During the Ongoing Correction: 1️⃣ $93,400 This is the first key support level in the current correction. If Bitcoin holds above this level, there is a chance for a price rebound. However, if this level breaks, it could trigger more selling pressure, pushing the price lower. 2️⃣ $87,000 If $93,400 fails to hold, this is the next major support level. Holding here might prevent further declines, but breaking it could lead to a move towards the next level. 3️⃣ $82,000 This is the final support level in the short-term. If the price reaches this level and doesn’t find strong support, a further drop to even lower levels becomes more likely. ⚠️ Conclusion: Bitcoin's correction may pause at one of these key levels. However, if any level fails to hold, the price could move towards the next one. Be sure to manage risk carefully.
Long
by arzdigitalistha
1
Chart Idea - BTC BULL FLAGBTC has been consolidating in a big bull flag pattern since March of this year. It has touched the resistance 5 times and support 3 times. Currently tested the support yesterday at 300EMA $53K. It can touch GETTEX:52K which is the 618 fib level. However, IMO the correction is almost done and we are on the way up from here. BTC Swing Long Setup Entry: $53K SL: 50.2K TP1: 67K TP2: 72K TP3: 102K Trade should hit all TPs in next 3 months unless SL hit.
Long
by smwajeeh
3
BTC Chart Analysis - Bullish Bias for next couple of monthsBTC has now filled the weekly fair value gap around the GETTEX:48K - GETTEX:49K range in the first week of August, which was originally formed in February earlier this year. Interestingly, during that same week after 2014, whales accumulated most of the BTC. The weekly closing candle has printed a pin bar candle to the upside, indicating a strong potential for bullish momentum. I believe the consolidation phase is ending, and we could see parabolic upward movement within the next week or so. My first target for the breakout of this weekly bull flag is $100k within the next couple of months. Ideally, we could hit this target before the elections. Let’s see if this analysis plays out or not. Not financial advice! DYOR
Long
by smwajeeh
2
Chart Idea - BTC Potential Bull Market TargetI have rarely seen a cup and handle created on weekly this beautifully. Acc to this cup n handle pattern, the TP is coming around $290K. I personally will start booking profits once the monthly RSI hits around 90. Bearish divergence on weekly will give further confirmation to start selling in big chunks. It doesn't matter what the price would be and what the month in that cycle would be. IMO, it will be around 3rd or 4th quarter in 2025. Let's see Not a financial advice!!
COINBASE:BTCUSDLong
by smwajeeh
Wave III is probably too largeHey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Preamble: Several months ago when I said "stand-pat" I said it for a purpose and my purpose is right here now, (all targets have been achieved) The market is trying to tell us something! As shown on this chart, Wave III is a fairly clear five (BTC is completing the fifth wave ((5)) of the third leg III of a 5-wave rally ) The Grand Super cycle from 2019 : Wave ((3)) > 161.8% of wave ((1)) Wave ((5)) > 261.8% of wave ((1)) ----> Wave III is probably too large! As a result, wave III is still not complete! So there's only one thing to do! Appendix: Further updates to follow 👇
CRYPTO:BTCUSDLong
by BTC-XLM
3
#BTC/USDT Analysis Update Bitcoin is consolidating within an ascending triangle, a classic bullish continuation pattern. BTC is respecting the ascending trendline as support. Horizontal resistance is forming around $93,000, acting as a breakout level. The price currently trades above the Ichimoku Cloud, indicating underlying bullish momentum. The cloud acts as dynamic support, reinforcing the possibility of an upside breakout. Decreasing volume during consolidation indicates preparation for a significant move. Watch for a volume spike on the breakout. The RSI is in a healthy range and is moving upwards. The MACD shows the possibility of a bullish cross, indicating upward momentum. Resistance Zone: $93,000 – $93,500 (Breakout Level) Support Trendline: $89,000 – $90,000 (Triangle Base) A close above $93,500 confirms the breakout. Possible Upside Targets: $95,000, $98,000, and $100,000. A drop below $89,000 could signal bearish momentum. Downside Targets: $87,000 and $85,000. BTC is building momentum and could break out of the triangle soon. A breakout above $93,000 with rising volume would confirm bullish dominance. Stay alert and prepare for confirmation! 🚀 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
Long
by CryptoSanders9563
BTC/USDT WEEKLY CHART UPDATE !! Bitcoin has broken out of the inverse head and shoulders pattern on the weekly timeframe, showing strong bullish momentum supported by high volume and the Ichimoku Cloud. A pullback for a retest above the breakout level may occur, possibly filling the CME gap, which could set the stage for a rally above 100K. 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
Long
by CryptoSanders9563
BITCOIN Weekly Chart Update !!Bitcoin has completed a cup-and-handle breakout on the weekly timeframe, accompanied by strong volume, which signals robust bullish momentum. This pattern is typically a bullish continuation pattern, suggesting that BTC has the potential to enter a strong uptrend following this breakout. The Ichimoku Cloud is also showing a bullish signal, with price action above the cloud, confirming a trend shift in favor of buyers. The cloud's bullish alignment suggests that the current rally has further room for upward movement, potentially setting BTC on course for new highs. However, pullbacks are common after breakouts as the price retests the previous resistance as support. A pullback to the handle or prior resistance zone would provide an opportunity for bulls to gather strength before pushing Bitcoin to new peaks. Key support levels to watch include previous highs or areas around the handle region, which should act as a launching point for the next leg up if bulls hold steady. 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
COINBASE:BTCUSDLong
by CryptoSanders9563
What do y'all think...Shall we continue the groove?Hey everyone, just messin around with random ideas. Who knows, honestly just wanted to publish this because it might just work. Some close numbers in the previous two bear to bull cycles. I just measured the highs&lows of previous cycles along with duration. The numbers for the two previous full cycles were pretty close, so I just mapped the average out for our current situation. Still can retest lows but too much beyond that is probably out of sight. Dunno, not financial advice and just experimenting. Any insight? Hope everyone is well, thanks for your time.
BITSTAMP:BTCUSDLong
by Rigs
1
Here is a quick analysis based on the new BTC/USD chart.The chart shows a significant upward trend in Bitcoin's price. It seems that the price has broken out of the previous consolidation channel and is now heading towards a major ascending resistance area, the upper boundary of which represents nearly $100,000. Bitcoin maintains an upward trajectory with strong support from the lower trend lines. The $88,000 to $100,000 target area is a strong resistance area where we could see some price consolidation or rejection. If BTC can break this resistance with strong momentum, it could signal a substantial long-term bullish phase. Be wary of potential pullbacks as BTC approaches these key resistance areas. Let me know if you would like more information on specific indicators or trendlines! 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
Long
by CryptoSanders9563
BTCUSDT 15 min - BEAR & BULL Strategies - 2 stepBTCUSDT 15 min - BEAR & BULL Strategies - 2 step TRADEX BOT NEWS: We already have an improved version of the autotrading bot. This version allows for scalability of the project. The bot needs much less resources, we have eliminated weak links making the process much more straightforward. As for execution, there is almost no delay, it is immediate at market price. We are now improving the mathematical execution logic to summarize the tests with different strategies. It will be ready very soon :) If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis. Thank you! _______________________________________________________ BTCUSDT 15 min - BEAR & BULL Strategies - 2 step We continue with our bullish channel and triangle strategy. BTCUSDT is marking increasingly higher lows and is approaching the base of the current bullish channel that acts as dynamic support. That said, we must set a strategy that allows us to properly manage the risk-reward equation. We don't really know what the price will do, but we must be prepared for different scenarios. If we already have it in our portfolio, SL: 75500 TP: 79000 If we want to position ourselves BULLISH BULLISH STRATEGY LEVELS: BUY: 75500 or 76400 TP 79K SL: 74700 below the EMA 200 BEAR STRATEGY LEVELS: SL: 76400 SELL: 75000 If it breaks the dynamic support and gives signs of a change in trend. In the area of ​​uncertainty, we will continue to swing :) We just have to wait for the triangulation to break in one direction or another. Good luck in making decisions. ______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the process of development and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. 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 :)
Long
by DeuXfi