Btcshort
Bitcoin trade idea Local idea on 30m tf BINANCE:BTCUSDT.P
Waiting sweep Asia and drop to sweep PDL in this range
Money power indicator shows zones where money inflow and outflow
After significant bounce at 49k im waiting correction.
Sl and Tp marked with 0.69% sl
Also dont be scary to be wrong with your ideas SL its just a part of our job
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BTC/USDT 1DAY CHART UPDATE !!BTC/USDT is currently in a critical phase, with immediate support at 58,000 USDT and resistance at 62,000 USDT. A breakout above 62,000 USDT could see a move towards higher resistance levels at 71,462.14 USDT and 73,449.96 USDT. However, a failure to break above this resistance might result in a decline towards the long-term support at 52,408.76 USDT. Traders should closely watch volume and moving average signals to gauge market sentiment and potential reversals.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
BTC/USDT CHART UYODATE !!BTC/USDT is currently at a critical juncture, trading just above a crucial support level. A bounce from $58,000 could lead to retesting higher resistance levels, while a break below could result in further declines towards $52,408.76. Traders should watch for volume spikes and RSI signals to gauge market sentiment and potential reversal points.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
BTC/USDT 1-day chart update!!BTC/USDT 1-day chart update
Current price: $56,777.38
BTC has shown a significant bounce from the recent low of $54,730.00.
The price is currently testing the $56,777.38 level.
The immediate support is around $52,408.76.
The green rising trendline is a crucial long-term support level.
If BTC continues to rise, it could face resistance at the $62,000 level, which was the previous support.
Higher resistance levels include $71,462.14 and $73,449.96.
A breakout above $62,000 could test higher resistance levels around $71,462.14 and $73,449.96.
If BTC fails to hold the current levels, it could retest the support around $52,408.76. A break below this level could lead to further declines towards the green rising trendline.
Keep an eye on changes in trading volume to gauge the strength of the current move.
Keep an eye on the RSI for potential overbought or oversold conditions that could signal a reversal.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
Bitcoin's local perspectiveAt the moment, the INDEX:BTCUSD price has come to the support of $54 821.76 (the HP level of the turquoise model). If the price goes under this level, the next two zones where we can expect the price to be would be $52 612-$51 858 and $49 394-$49 247.
To continue the growth at least to the area of $59 900-$60 143 the price needs to go beyond the turquoise pattern by breaking the trend line, which looks more unlikely at the moment.
Bitcoin Short - Continue correction on the way - BTC SHORTBitcoin Short - Continue correction on the way - BTC SHORT
In the future, after a short rise, Bitcoin will continue its path towards price correction up to 40K , and after that, it should be seen whether it will break the resistance on its way or return to take over the new peak.
#BTC/USDT 1DAY CHART UPDATE !!temporary bullish reversal from the support level of $52,408.76, the current price is $56,778.00. The price is approaching a strong resistance zone between $58,000 and $62,000. Rejection from this zone could lead to a decline towards the support level of $52,408.76 or even lower.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
BTC/USDT 4HOUR CHART ANALIYSIS !!The BTC 4-hour chart shows a significant breakdown below the descending channel, indicating strong bearish momentum. The price is now testing a crucial support level of around $50,808.76. Traders should watch for a potential bounce or further decline, with the next support around $50,000. Resistance levels to watch are $55,400 and $60,000.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
BTC Swing Short Liquidity Zones:
Sellside Liquidity: Two key levels are identified:
- Near-term sellside liquidity around the support zone (approximately $53,423.59).
- Mid-level sellside liquidity marked above the current price.
Gap Analysis:
- CME Gap: Indicated within the blue shaded area, suggesting a potential drop to fill the gap left by CME futures.
Current Setup:
- The chart shows a potential bearish scenario where the price might drop to fill the CME gap and tap into the identified sellside liquidity areas.
BTC/USDT 4HOUR CHART UPDATE !!The attached BTC 4-hour chart update shows that the price of Bitcoin appears to be at a critical juncture. The highlighted orange zone suggests a potential area of resistance, and the chart shows two possible scenarios for the near future:
Bullish Scenario (Green Path):
If Bitcoin can break above the resistance around $65,000, we might see a continuation of the upward trend, potentially reaching the next major resistance around $74,000.
Bearish Scenario (Red Path):
If Bitcoin fails to break above the resistance and drops below the support around $64,000, a bearish trend could take it down to the lower support levels, possibly around $55,000.
Key points to watch:
The movement around the $65,000 mark will determine the short-term direction.
Any significant move accompanied by volume could provide a clearer signal of the next trend.
It's important to monitor these levels and watch for any confirmations in the price action.
Remember: This is not financial advice.
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).
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BTCUSDT, Thu 01 Aug, Updated 1!Please see my Idea on SOLUSDT, Thu 01 Aug, Updated 1!
If you traced the price of BTC from 1st April,
You can find how its moving!
Result:
Regardless of what levels of Fibonacci the price touches (32, 50 or 62%), but the price will definitely return to the FVG (between the second and fourth day) and you can get a good High profitably short!
This is not a buy or sell or trade offer, this is just an analysis and an idea!
Bitcoin (BTC) 4-hour chart update !!Bitcoin (BTC) 4-hour chart update
Bitcoin has faced significant buying pressure near the $65,700 level, creating a crucial support area. Currently, BTC is trading around $66,6104, marking a slight decline of 0.57% in the last 4 hours. Despite the recent decline, the chart shows a potential bullish continuation pattern.
The highlighted area around $65,700 has acted as a strong support level, preventing further declines.
Moving Averages: The 200 MA is sloping upwards, which is a positive sign, indicating that the long-term trend remains bullish. The 100 MA is also moving upwards, reinforcing the support level.
Bitcoin continues to trade within an ascending channel, with the lower boundary of the channel currently acting as support.
Stay updated for any significant price changes or changes in technical indicators that may influence market direction.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
BTC Shot Call no 2Continuing but with fresh charts from the first idea (Shot call no1) and now to catch the second leg of the idea since last week.
Things look according to plan, despite getting here a different way, the price points and bias are still valid.
Short was activated at the target of the last idea, Trading strategy is Risk on 100% of the time. If it's going let it go, ig it's wrong, manage it and work your way around it.
Looking to target at least 47k mark, but will hold and observe when we get closer to the areas below to determine further. This trade could be held on to for a bit for observation.
47-48 as of now looks to be the most logical and valid target, as we have a few key levels that look to be more prominent versus the smaller ones between here to there, though they could create some light resistance, I wouldn't expect much resistance to falling until the last major consolidation area just below the potential target at 47.
BTCUSDT, Tue 30 Jul, Simple Pattern & One Position for Trade!The Price was hit the High of Last week!
Simple pattern was formed.
When The price reach to (About)69.550 K,
May Expect to have a High Profitable short trade !
Of course, it is possible to trade long until reaching the price of 69550!
Happy Trade!
BTC/USDT 4HOUR CHART UPDATE !!Bitcoin (BTC) Short Update
Bitcoin has been trading within a rising channel, bouncing off key support levels and moving towards potential resistance zones.
As of the latest update, BTC/USDT is trading around $69,226.
The key support levels to watch are at $68,162 (immediate support) and the 100-day moving average is around $65,000.
The major resistance levels are at $70,000 and $73,449, with the latter being a significant hurdle for the bulls.
Bitcoin's price has shown a strong bullish trend after finding significant buying pressure around the 100-day MA. This has led to a rebound towards the $ 67K-$70K range.
The price is currently moving within a rising channel, and a breakout above the $70K mark could see BTC testing the next resistance at $73,449.
The 21 MA currently supports around $66,793.19, suggesting a bullish sentiment if the price remains above this level.
It indicates bullish strength, with potential for further upside if the price is maintained above key support levels.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
Bitcoin Daily Chart Analysis:!!Bitcoin Daily Chart Analysis:
Bitcoin recently found strong demand near the crucial $53,000 support zone, which prompted an impulsive bullish rally.
After breaking above the 100-day MA, Bitcoin experienced a corrective retracement. This pullback validated the breakout as the price fell back to the 100-day MA level and found support.
Rebound: Bitcoin has faced significant buying pressure at the 100-day MA, leading to a bullish comeback towards the $67,000 level.
Bitcoin could continue its bullish trend towards the crucial resistance zone around $70,000 in the mid-term if market conditions remain stable.
Traditionally considered a long-term trend indicator, a breach of the 200-day MA at $60.5K signals a crucial bullish shift.
The recent correction and subsequent bounce from the 100-day MA at $64.4K underscore its importance as a support level.
Monitor the $67,000 resistance level for a breakout. A sustained move above this level with high volume could indicate a potential further upside move towards $70,000.
Use the 100-day MA ($64,400) and the 200-day MA ($60,500) as key support levels. These levels provide strong buying zones in case of retracements.
If Bitcoin fails to break the $67,000 resistance or shows signs of weak momentum near this level, look for potential short opportunities.
Use $64,400 (100-day MA) and $60,500 (200-day MA) as crucial stop-loss levels to protect against bullish continuation.
Conclusion:
Bitcoin’s recent performance reflects a strong bullish sentiment with the potential for further upside move towards the $70,000 mark. Key support levels remain strong, validating a bullish breakout. Traders should closely monitor these levels and market conditions for optimal entry and exit points.
Let me know if you need further analysis or specific trading strategies.