Bitcoin is Ready for Correction==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in an ascending channel in the 15-minute time frame, and we can also see another ascending channel in the 1-hour time frame .
Currently, Bitcoin is moving near the upper line of the ascending channel(Big) and Potential Reversal Zone(PRZ) .
According to Elliott's wave theory , Bitcoin seems to be completing the main wave 5 .
I expect Bitcoin to decline to at least the Support zone($75,400-$75,000) and the lower line of the ascending channel(Small) after the completion of the main wave 5 .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Btcsignal
Bitcoin Roadmap!!!(New ATH)Bitcoin( BINANCE:BTCUSDT ) started pumping after it was almost certain that Donald Trump was the future president of the United States because Donald Trump announced his support for cryptocurrency during the last year .
In terms of Classic Technical Analysis , Bitcoin started pumping with the help of the Descending Broadening Wedge Pattern . ( Educational ).
Bitcoin has already managed to break the Heavy Resistance zone($73,900-$70,900) , but it has entered an important Potential Reversal Zone(PRZ) ; we have to see how long it can continue.
According to the Elliott wave theory , Bitcoin succeeded in completing the Double Three Correction(WXY) and is currently completing wave 4 .
I expect Bitcoin to start rising again from one of the Targets I have identified on the chart and at least rise to the upper line of the ascending channel . It probably needs Bitcoin correction to create another New All-Time High(ATH) .
⚠️If Bitcoin goes below the Heavy Resistance zone($73,900-$70,900), we should expect more dumps.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin Falling Again==>>Short-term!!!Bitcoin ( BINANCE:BTCUSDT ) is currently moving near the Resistance lines and in the Resistance zone($69,580-$68,800) .
Regarding Elliott's wave theory , it seems that Bitcoin is still completing Corrective Waves . The Structure of Correction Waves looks like Double Three Correction(WXY) .
I expect Bitcoin to Go Down at least Cumulative Long Liquidation Leverage after breaking the Uptrend line .
⚠️Note: We can expect more pumps if Bitcoin can break the Resistance zone($69,580-$68,800) .⚠️
⚠️Note: The American elections and the tension between Iran and Israel can easily change the scenarios of Bitcoin: if the tension between Iran and Israel increases, we can see the fall of Bitcoin, and if Donald Trump does not succeed in the US presidential election, we can see the fall of Bitcoin. And vice versa.⚠️
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoin Roadmap==>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) touched the 🎯 Targets 🎯 as I expected in the previous post ✅.
Bitcoin started to rise well from the Support zone($67,620-$67,000) and the Support line again ( the start was accompanied by good momentum ).
Regarding Elliott's wave theory , wave 5 seems to be completed .
I expect Bitcoin to rise to at least the Support zone after breaking the Resistance lines .
⚠️Note: The American elections and the tension between Iran and Israel can easily change the scenarios of Bitcoin: if the tension between Iran and Israel increases, we can see the fall of Bitcoin, and if Donald Trump does not succeed in the US presidential election, we can see the fall of Bitcoin. And vice versa.⚠️
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoin Analysis==>>DUMP==>>Filling GapsBitcoin ( BINANCE:BTCUSDT ) is currently moving in the Support zone ($70,100-$68,420) and near the Support line .
According to Elliott's wave theory , Bitcoin was able to complete main wave 4 ( although with a little irregular movement ).
I expect Bitcoin will break the Support line soon , and the main wave 5 can be finished in one of the Potential Reversal Zones(PRZs) and filling the CME Gaps one by one .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoin Roadmap!!!Bitcoin ( BINANCE:BTCUSDT ) moved as ✅I expected in the previous post .
Bitcoin is moving near the Potential Reversal Zone(PRZ) and the upper line of the ascending channel .
According to Elliott's wave theory, Bitcoin is completing wave 3 . I expect the Bitcoin rally will need a Correction to continue near the All Time-High(ATH) .
I expect Bitcoin to drop down to the Support zone($72,000-$70,820) and Support line .
🔔Let's first short position, and I will try to update for the long position.🔔
⚠️Note: If Bitcoin falls below the Support zone($72,000-$70,820), it may fall further.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin Analysis==>> Last Chance for Breaking!!!Bitcoin ( BINANCE:BTCUSDT ) is still moving in the Resistance zone($70,080- $68,250) and is trying to break this zone.
Will Bitcoin break the Resistance zone($70,080- $68,250) !? Your Idea❓
Also, Bitcoin is likely to form an Ascending Channel in the 1-hour time frame , we have to wait to see if Bitcoin can form the second top or not .
According to the theory of Elliott waves , Bitcoin seems to be forming 5 more impulse waves after completing the Corrective Structure(Double Three Correction(WXY)) . Currently, Bitcoin is completing wave 3 , and wave 5 could be above the ascending channel (possible).
I expect Bitcoin to at least drop to the Support zone($68,420- $67,850) and fill the First CME Gap($68,395- $68,425) and then rise again .
🔔 Note: Bitcoin is generally in a sensitive price zone, and I think this is the last chance for Bitcoin to break the resistance zone. Tensions in the Middle East and a series of other factors that I will try to share with you in the next post (Prevent Bitcoin's increase and the formation of a new All-Time High(ATH)).
⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250), it will increase to at least $72,000.⚠️
⚠️Note: If Bitcoin goes below the Support zone($68,420- $67,850), we should expect more dumps.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
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Bitcoin Analysis==>>Ending Diagonal!!!Let's update the Bitcoin chart .
Bitcoin( BINANCE:BTCUSDT ) is in the Resistance zone($70,080- $68,250) .
According to Elliott's wave theory , Bitcoin seems to be completing the main wave 5 . The structure of the main wave 5 is Ending Diagonal .
I expect Bitcoin to FALL again and fill the first CME Gap($67,250- $67,050) .
What is your idea Bitcoin can make a New All-Time High(ATH)?
⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250) and Resistance lines, we should wait for a new All-Time High(ATH) for Bitcoin.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin Roadmap==>>1-hour time frame==>>Filling CME GapBitcoin ( BINANCE:BTCUSDT ) is moving near the Important Resistance lines ( Bitcoin is attacking important resistance lines for the fifth time ) in the Resistance zone($70,080- $68,250) .
According to Elliott's wave theory , Bitcoin seems to be completing the main wave 5 in the small ascending channel .
Also, Regular Divergence (RD-) between Consecutive Peaks .
I expect Bitcoin to fail again after breaking the lower lines of the ascending channels (small and big) and then fill the first CME Gap($67,250- $67,050) .
⚠️Note: The formation of the Bull Trap is probably high.⚠️
⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250) and Resistance lines, we should wait for a new All-Time High(ATH) for Bitcoin.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin Roadmap!!!==>>Falling!!!Bitcoin ( BINANCE:BTCUSDT )is currently hovering near the Resistance zone($70,080-$68,250) , Potential Reversal Zone(PRZ) , the Upper line of the Ascending Channel , and Important Resistance lines(Bitcoin is attacking important resistance lines for the fifth time.) .
According to Elliott's wave theory, Bitcoin seems to be completing the main wave 5 . The structure of the main wave 5 can be Ending Diagonal .
Also, Regular Divergence (RD-) between Consecutive Peaks .
I expect Bitcoin to fail again on the 5th attack to the important resistance lines , and to break the lower line of the descending channel and decline to at least the first target on my chart. We should expect more Bitcoin dumps if Bitcoin loses the Support zone($66,500-$64,480) .
⚠️Note: Tension between Iran and Israel could increase in the coming days, causing a sharp drop in Bitcoin.⚠️
⚠️Note: Open interest in futures markets has reached its highest level in 2024, while Volume Trading has decreased.⚠️
⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250) and Resistance lines, we should wait for a new All-Time High(ATH) for Bitcoin.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin Ready to Pump!!!Bitcoin ( BINANCE:BTCUSDT ) managed to break the Upper line of the Descending channel and 200_SMA(Daily) .
Bitcoin is attacking the Heavy Resistance zone($67,400-$64,740) .
In terms of Elliott wave theory , Bitcoin seems to be completing microwave 5 of the main wave 3 in the 15-minute time frame , so main wave 3 seems to be extended .
I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ) after the correction .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoin Needs Correction!!!As I had expected in the ✅ previous post ✅, Bitcoin started to pump after a Bear Trap .
Bitcoin is currently moving in the Resistance zone($63,470-$62,340) and near the upper line of the Descending Channel , and 200_SMA(Daily) .
I expect Bitcoin to drop to at least the Support zone($61,840-$61,450) .
⚠️Note: The probability of forming a Bull Trap and breaking fake the descending channel.⚠️
⚠️If Bitcoin can break the Descending Channel and 200_SMA(Daily), we can expect Bitcoin to rise again to at least $66,000.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin Analysis==>> Short term!!!In the previous posts ✅, we found the Top and Bottom of the rally , which started at $59,830 and continued up to $64,470 .
Bitcoin ( BINANCE:BTCUSDT ) is currently moving near the Support zone ($60,000-$59,100) and Potential Reversal Zone(PRZ) .
I also expect Bitcoin to make Regular Divergence (RD+) after touching the Support zone ($60,000-$59,100) .
According to Elliott's wave theory , Bitcoin seems to be completing wave 5 .
I expect Bitcoin to rise above the Support zone ($60,000-$59,100) at least to my First target as shown on the chart( around $61,000 ).
⚠️Note: If Bitcoin breaks the Support zone($60,000-$59,100), we can expect Bitcoin to go down more=first step will be $58,000.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin Analysis==>>Risk-To-Reward:4.40Bitcoin started to rise after the UAE exempted cryptocurrency transactions from Value Added Tax (VAT) .
The UAE exempts crypto transactions from VAT starting November 15, aiming to attract more investments and solidify its position as a crypto hub.
Bitcoin is currently moving near the Resistance zone($67,400-$65,000) , the Potential Reversal Zone(PRZ) , and above the ascending channel .
Regarding Elliott wave theory , Bitcoin has restructured a bit since my previous post . Bitcoin seems to be completing wave C inside the ascending channel.
Also, Regular Divergence (RD-) between Consecutive Peaks .
I expect Bitcoin to decline to at least the Support zone($62,860-$62,110) again, and because there is still a high possibility of tension between Israel and Iran , it is very likely that Bitcoin will come back below 21_SMA(Weekly) and 200_SMA(Daily) .
⚠️Note: This analysis is valid until Bitcoin does not touch $66,500.⚠️
-------------------------------------------
My position: Of course, I manage this position with price changes.
BTCUSDT
🔴Position: Short
✅Entry Point: 64347.0 USDT (Limit Order)
⛔️Stop Loss: 65283.0 USDT [ You can open a Short position where the Stop Loss(SL) is $66,500 ]
💰Take Profit:
🎯62493.0 USDT ===>>>Risk-To-Reward: 1.98
🎯60229.0 USDT ===>>>Risk-To-Reward: 4.40
Please don't forget to follow capital management ⚠️
Please pay attention to the style of opening the position.⚠️
-------------------------------------------
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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BTC LONG The chart right presents the pre bullmarket btc chart in 2020.
Strategy:
Potential long setup from the consolidation zone. The price action indicates a demand zone around the current levels, with a potential for reversal towards higher levels, as shown in the shaded blue area. The right-hand chart supports this bullish bias.
Entry: Around the current price levels (consolidation)
Stop-loss: Below the local support (recent swing low)
Risk management is essential, considering the current volatility and broader market correlation.
Bitcoin is Ready to Crash Again!!!Bitcoin is currently moving near the Resistance zone($62,860-$62,110) and 21_SMA(Weekly) and 200_SMA(Daily) .
According to the Elliott wave theory , Bitcoin seems to be completing main wave 4 . The structure of the main wave 4 appears to be an Expanding Flat Correction(ABC/3-3-5) .
I expect Bitcoin to break down to the Support zone($60,000-$59,100) once again.
⚠️Note: Considering that the Trading Volume is usually low on Saturday and Sunday, it is more reasonable to expect the Support zone($60,000-$59,100) to break at the beginning of next week. Of course, the tension between Iran and Israel can change the scenario at any moment, and the support zone will be broken.⚠️
⚠️Note: If Bitcoin breaks the Resistance zone($62,860-$62,110) and 21_SMA(Weekly) , we can expect the BTC pump to near $65,000.⚠️
In previous posts , I tried to show you the Bitcoin roadmap step by step; I hope it was useful.
Bitcoin Analyze (BTCUSDT), 4-hour time frame⏰.
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Bitcoin Ready to Pump==>>Falling Wedge==>>Shot termBitcoin moved as I expected in the previous post .
According to Elliott's wave theory , Bitcoin completed wave 5 , and we should expect upward corrective waves .
Regarding Classic Technical Analysis , Bitcoin seems to have formed a Falling Wedge Pattern .
Also, Regular Divergence (RD+) between Consecutive Valleys.
I expect Bitcoin will go up after breaking the upper line of the falling wedge pattern and touch my targets in my chart.
⚠️Note: Tensions between Iran and Israel can still have an impact on Bitcoin and other assets. If Israel wants to react to Iran's attacks, we should expect a further drop in Bitcoin, so in these days, more than ever, observe capital management.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoin Roadmap!!!==>>Short termAfter the tension between Iran and Israel , Bitcoin started to fall and once again fell below 21_SMA(Weekly) and 200_SMA(Daily) .
In previous posts , I warned you about the fall of Bitcoin , and I hope it was useful.
Bitcoin is currently approaching the Resistance zone($62,860-$62,110) and 21_SMA(Weekly) .
According to Elliott's wave theory , Bitcoin is completing wave 4 . The main wave 4 structure is most likely a Zigzag Correction(ABC/5-3-5) . If Bitcoin breaks the support lines , we can confirm the end of wave 4 .
I expect Bitcoin to break down to at least the Support zone($60,000-$59,100) in the coming hours.
Fundamental analysis : On-chain data shows that the number of active Bitcoin addresses has recently dropped sharply . This decrease started in March 2024 and is the biggest drop since 2021 . This trend could be a bearish sign for Bitcoin .
⚠️Note: If Bitcoin can break the Resistance zone($62,860-$62,110) and go above $63,460, we should wait for Bitcoin to rise again.⚠️
⚠️ Note: Tensions between Iran and Israel can still have an impact on Bitcoin and other assets. If Israel wants to react to Iran's attacks, we should expect a further drop in Bitcoin, so in these days, more than ever, observe capital management.⚠️
What is your idea about Bitcoin, more dump or, again, pump❗️❓
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoin Analysis==>>End of Rally!!Bitcoin moved as I expected in the previous post and started to rise after breaking the Resistance zone($64,140-$63,820) .
Bitcoin was accompanied by two pieces of good news in the last 24 hours:
PayPal Opens Crypto Trading for US Businesses.
BlackRock Sees Highest Monthly ETF Inflow as US Bitcoin Holdings Climb.
Bitcoin is moving in the Resistance zone($67,380-$64,880) near the Potential Reversal Zone(PRZ) and in the Time Reversal Zone(TRZ) .
According to the theory of Elliott waves , Bitcoin seems to be completing microwave 5 of the main wave C . ( Actually, I think Bitcoin is still in corrective waves ).
Also, Regular Divergence (RD-) between Consecutive Peaks .
The CRYPTOCAP:USDT.D chart is moving in the Heavy Support zone , near the Support lines and the lower line of the Descending Channel . I expect USDT.D% to attack at least the upper line of the descending channel in the coming hours.
As a result, I expect Bitcoin to decline to at least the lower line of the ascending channel and Fill the CME GAP CME:BTC1! , and if this line and Support zone($64,140-$63,820) are broken, we should expect Bitcoin to decline to at least $63,000 .
⚠️ Note: If Bitcoin breaks the Resistance zone($67,380-$64,880), we can expect BTC pump to near $69,000. ⚠️
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: Why BITCOIN Remains Bullish and Its Next Potential Movethe BITCOIN is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC's Situation: What Shall we Expect !!!BINANCE:BTCUSDT
The price of Bitcoin was in an ascending triangle and was able to break this pattern with strength, and it seems that Bitcoin can follow the butterfly pattern and reach the top of the megaphone.
However, there is an important resistance ahead that, once reached, can have a bearish effect on the price.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin Roadmap!!!==>>Short term!!!Bitcoin is moving in the Resistance zone($64,140-$63,820) near 200_SMA(Daily) , and it seems that Bitcoin failed to break 200_SMA(Daily) for the second time .
According to the Elliott wave theory in the 15-minute time frame , Bitcoin seems to have finished main wave 3 ( extended wave ) and is completing main wave 4 . One of the signs is the completion of the main wave 4, the support line break .
I expect Bitcoin to fall at least to the Potential Reversal Zone(PRZ) . If the 1&4 hour candle closes below $63,000 , I expect Bitcoin to break even with the Support zone($62,720-$62,350) and the lower line of the ascending channel .
⚠️ Note: If Bitcoin can break above the Resistance zone($64,140-$63,820) this time, I expect Bitcoin to rise to at least $65,400 and even higher. ⚠️
Bitcoin Analyze (BTCUSDT), 15-minute frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.