BTC - correction incoming, 41k minimum. Feeling FOMO? Zoom outOne has to look at the big picture. We are in a diagonal parallel channel from the start of 2020 bull market.
45k was hard resistance on this channel.
If you are longing here, you are technically longing into resistance.
OI-weighted funding rate is high. Retail traders are blindly longing here.
You do what's best for you.
BTCPERP
$BTC at critical level - 3 possible scenariosBitcoin is now at a high timeframe level, which should be acting as a do or die support level.
There's however a few possible scenarios from here, and the easiest one for taking a trade would be a fake out below, followed by a reclaim of the level (green arrows). This would help defining the risk at the swing low, and would be a high probability long trade.
BTC 4H BUYBTC 4H support is at ~$38500
Enter 50% here
and try to set some buy orders near the support zone
If BTC holds above the trendline,
the Take-Profit target would be $45200, $46800, and $48860
Cheers
BTC new leg?There is a possibility right now that the downtrend on BTC and the crypto markets haven already ended and we have started a new uptrend!
The break of the 3 month trendline is an important event and so far we are still above it. It would be very bullish if it's tested and it holds.
To fully confirm the uptrend, we would want to see a higher high, which being conservative, would correspond to a daily close above $43.8k for BTC!
If the uptrend is confirmed, and considering we will have a new leg similar to the one that started in July 2021, we might expect to see $BTC near $77k in the next 4 months. But that's pure speculation!
BTC Short 2h SHORT On BTCPERP 2H Chart
Small Lev- X5 max (I'm using x3)
Entry- 38205/38250
SL- 39701obove ADR and CC
Target1- 35300
Target2- 33000
At the moment I think BTC liquidating shorts other ALT's as well. I'm not using high lev. on this trade, because SL is quite far. Entry is in middle of this pattern, BTC can start dumping from trend line above or from top of the pattern. We will see :)
Btc destek dirençler Btc destek dirençleri belirttim bunu referans alarak işlem yapabilirsiniz. bol kazançlar. takip etmeyi unutmayın.
BTC updateA daily close above this diagonal would be very positive. Around $40.5k
Daily close above $44k would be super bullish! It would fully confirm a new uptrend.
Finally, the price is increasing in decreasing volume which is usually not a good sign. As per now, I'm not convinced BTC will break the trendline. But let's see.
$BTC trend will break outwhen the trend break out and we will going up to 41K.
follow the RSI and DMI say may go down but trend is strong please stay on the trend.
use stop-loss
Bitcoin (BTC) • Macdonals Applications are OpenWe just hit another major support level. Those doing "buy the dip" kind of strategies this seems great opportunity to add to the stack for the long term. I'm certainly buying here.
Can we go lower? absolutely. The break of the 40k came faster than expected and open the door for other lower technical levels as we continuously don't see strong fear or bearish sentiment in the market.
Volumes on the Weekly and Monthly charts remain unimpressive they don't scream "the bottom" but one important note is that the books on the sell side are extremely thin and this could equally shoot up and leaving everyone behind.
Futures are starting showing signs of bullishness but not fully there yet wee need more consolidation and keep sweeing swaps trading bellow spot more aggressively to affect funding rates favourably to longs.
We also still missing bullish divergences in most timeframes as well as breaking some structural trendlines on top of price or even the RSI.
A reminder that my views are just hypothesis and they are obviously subjective so take everything I say with grain of salt.
If you interested in getting access to same scripts I use myself use the link down bellow in the signature for exclusivity and paid access OR alternatively check my published script library where you will find plenty of free scripts.
BTC Bear Flag - Continuation DownBTC is still in a strong downtrend, with the most recent attempt at a reversal failing to gain steam. Price has created a small parallel channel up off the lows - a textbook Bearish Flag pattern.
Expect the see a break below the lower boundary of this channel for a bearish continuation.
A break below the swing low would be confirmation of continuation of the downtrend.
Still aiming for the big psychological level of 30k mentioned in previous ideas in the charts below - in a downtrend like this, these big round numbers tend to act like magnets. Remaining patient.
BTC PERP SCALP LONG!Entry Market
Tp 1- 35900
Tp 2- 36202
Tp3- 36655
Tp4- 37000
Stop Loss - $34000
Margin 20x
BTCUSDT Don't be a hero!If you enjoy the idea please leave a like 👍
In my last 2 posts on BTC I've shown a strong bearish bias, as seen in the charts below. First with an idea of bearish continuation of the developing trend and then more recently with the Head and Shoulders idea, looking for a break of the neckline which we've recently seen with a sharp break down of the market, dragging the entire crypto market with it.
So now that we've seen a huge drop, where do we expect to go from here?
In the H+S idea I listed 30k as a potential target, and I still believe that's reasonable. As the trend continues the risk/reward begins to shift and a relief rally may be coming soon, but it may be short lived.
As the title says - don't be a hero! We saw the peak price on the 10th November, and when we zoom out we see a steady decline since. For those looking to go long, what are the odds that you pick the exact bottom here?
If you want to be long, I can understand using this as an opportunity to DCA in, or waiting for a rally on shorter timeframes to try and catch a small leg up. But don't enter this market thinking you're going to catch a perfect bottom - it's highly unlikely, and especially if you're using leverage you will likely get burned.
Trust the trend. If you're late to the party, there's still further room to run. If you'd rather wait for a pullback before going short there's a decent chance we could see the 38-40k range again in the coming days, but make no mistake - Crypto is in a bear market right now.
BTC Short longterm go to 20KShort BTC! Plan BTC/ USDT, Double top pattern
We in support at 38.700, Strong support at 31.500
Longterm plan BTC to 20K
DYOR
Possible BTC scenrios using Gann Fann on 4HR chartJust showing some ideas on possible BTC movement using the Gann Fann tool. I hardly ever use that one. It showed something very interesting. The Gann Fan fib line shows and matches the recent bottom support line exactly. Basically to a Tee. I'm not sure which scenairo may end up being more similar to BTC's future movements. What do you think? What color line represents where you think BTC is headed?
Like and message please. I'd love to hear your thoughts and info.! Thanks!!
Bitcoin (BTC) • Done with the pain? We are sitting strong at support levels. Yes we are seeing some sideways with up and downs but overall the PA and volumes at currently levels is looking more bullish than bearish despite the amount of bearish sentiment out there.
We keep seeing people calling for 30k and 20k levels. I think at the moment conditions are leaning more bullish despite the ongoing bearish trend.
In the video I go trough the same rounds of talking about Price, Perpetual Swaps and Futures, Options, Orderbooks and some other interesting (?) data points.
This is not financial advice as I have abs no idea what will happen. Likewise, take thoughts shared in this video with grain of salt and make sure to think critically trough your own decisions.
BTC Trend Break - Potential LongIf buyers step in at these levels it would be a clear indication of a trend break and price would start to be pushed towards recents highs around 44k and possibly make a new HH around 45.5k confirming this as a HL / trend break. If this current 4H candle closes bullish, a long opportunity would be present itself with a stop loss below the lows of its wick.
BTC 2H BUYBTC 2H support is at ~$42300
Enter 50% here
and try to set some buy orders near the support zone
If BTC holds above the trendline,
the Take-Profit target would be $44200, $46800, and $48860
Cheers
Bitcoin Analyze (Scenarios)!!!🧐Hi, probably when you are reading this post, you are confused🤔 that what will happen for Bitcoin . I tried to specify two scenarios that can happen in the next few days.
Bitcoin Analyze ( BTCUSDT ) Timeframe 12h ⏰
Location 🌊: about the location of Bitcoin , please read my post with the topic '' Bitcoin Analyze( Road Map🗺️)!!!'' .
Bitcoin was able to break the necking line of the Head and Shoulder Pattern a few days ago. also, the failure volume was sufficient for a valid failure. so scenario 2 is more possible than scenario 1 .
🔴 Scenario 1 : Bitcoin can break the heavy resistance zone and start a new journey for taping a new ATH == The head and shoulder pattern will fail.
🔴 Scenario 2 : Bitcoin is pulling back to its necking line and finally will break the heavy support zone and the support lines == The head and shoulder pattern's target will touch.
🔴 Resistance zones & Support Zones on Bitcoin's way :
Heavy Resistance Zone : 51600$ until 53600$
Heavy Support Zone : 48940$ until 47630$
Heavy Support Zone : 44600$ until 43000$
❗️ Sign ❗️: if you remember that when we were at around 36000$, Bitcoin touched 48168$ on BITCOIN / TETHERUS PERPETUAL FUTURES , and finally, the price arrived itself to this amount, three days ago we saw the same happens, and Bitcoin dropped down from 53889$ to 40888$, probably Bitcoin will arrive at 40888$ again👇https://www.tradingview.com/x/EJIXFGoK/
🔴 RSI Analyze : RSI is moving on descending channel + we watched one of the valid bearish signals for RSI === Bearish Failure Swing . In addition, RSI broke its support line and now is pulling back to it.👇https://www.tradingview.com/x/DbDh2dga/
🔴 November candlestick pattern : we can find 💫 Shooting Star 💫Pattern ( Bearish ) = The trigger was activated. 👇https://www.tradingview.com/x/0EAXNRdM/
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 be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
BTC analysisHTF - taken the highs of the range but lows remain untapped.
LTF - consolidating within a range. 4h has closed above. Breakout or deviation to be confirmed.
If breakout - target daily supply.
If deviation - target lows.
"Kim Kardashian would be jealous"This bottom in BTC is so good Kim Kardashian would be jealous of it.
"Buy the dip" is a common and over-used expression but I would say in this scenario, it is 100% valid.
Longs baby!
Let's make this bull cycle go out with a bang!
Target 55-60k before the bear market continues.
Are you prepared for both longs and shorts?
I read every reply.
- Ninja
BTC Beautiful R/R ShortLooking to play on this range and im short till 40500.
Will stop if btc reach to its weekly close.
Same pattern as MAR-JUL dump?We might wick to 39k and then go up from there but i think the bottom is already in, Even most institutional gamblers closed their shorts
Bitcoin long term trendBitcoin is approaching the lower end of the long term multi-year ascending channel. The low of the channel would correspond to around $33k.
Another support would be the 89 weekly EMA which corresponds to around $38k. A weekly close on the 16th of January below $38k and we could say with confidence we are in a bear market.
For the more bullish scenarios, check the last related ideas below.
