$BTC Daily update - LONGCRYPTOCAP:BTC #BTC Turned given resistance at $61,953 into a support, Previous daily close looks amazing, possible upside likely towards $65,789 resistance test as bullish engulfing forms on current Daily, previous weekly close also with dragonfly doji with positive volume, tons of great signs that #Bitcoin is looking great, $64,344 currently resisting, $63,544 support not yet tested so $62,580 is current and possibly a key support moving forward.
Btctrade
10 Essential Tips for Futures Trading | Beginner-Friendly Guide!🚀 10 Essential Tips for Futures Trading | Beginner-Friendly Guide 🚀
As a crypto futures trader, you have the potential for high rewards—but the risks are equally significant. Whether you're just starting or looking to sharpen your skills, here’s a beginner-friendly guide to help you trade futures like a pro!
1️⃣ Leverage with Caution
Leverage allows you to trade more than your actual capital. While it amplifies profits, it also increases the risk of significant losses. Start with low leverage (1x to 2x) and increase only as your experience and confidence grow.
Pro Tip: Use leverage responsibly. Small moves can lead to big impacts on your account balance!
2️⃣ Master Risk Management
In futures trading, preserving your capital is as important as making profits. Always use stop losses to limit potential losses and never risk more than you can afford to lose. Successful traders manage risk first, profits second.
Pro Tip: Limit your risk to 1-2% of your total capital per trade to survive market volatility.
3️⃣ Understand Market Sentiment
Emotions highly drive crypto markets—fear and greed can cause massive price swings. Stay on top of market sentiment by following news, social media, and community discussions.
Pro Tip: Use sentiment analysis tools and observe the fear/greed index to time your trades better.
4️⃣ Learn Technical Analysis
To succeed in futures, learning chart reading is essential. Focus on key indicators like support/resistance levels, moving averages, and volume trends. These help you make informed trade decisions.
Pro Tip: Keep your charts clean—use just a few key indicators to avoid confusion.
5️⃣ Stay Disciplined
Trading without discipline is a shortcut to losses. Develop a strategy and stick to it, even when the market is volatile. Avoid emotional decisions like panic selling or revenge trading.
Pro Tip: Journal every trade—track what works and what doesn’t, and improve your strategy.
6️⃣ Know Your Funding Rates
Funding rates in perpetual futures can either work for or against you. When the funding rate is positive, longs pay shorts, and vice versa. Keep an eye on these rates as they can affect your overall profitability.
Pro Tip: If the funding rate is too high, it might be better to wait for a better entry.
7️⃣ Understand Exchange Rules
Different exchanges have different margin requirements, liquidation prices, and fees. Make sure you fully understand the platform’s rules and how they apply to your trades.
Pro Tip: Always double-check liquidation prices before opening large positions.
8️⃣ Hedge Your Risk
Hedging is a strategy that protects your portfolio from adverse price movements. For example, if you're holding Bitcoin, you can open a short position in futures to balance your risk in case the price drops.
Pro Tip: Use hedging to minimize risk during uncertain market conditions, but avoid over-hedging.
9️⃣ Watch Open Interest and Volume
Higher open interest shows a growing trend, while low volume can indicate weak market conviction. Use these metrics to confirm your trades and gauge market strength.
Pro Tip: Combine open interest with volume for more reliable trade signals.
🔟 Keep Learning & Evolving
Crypto markets evolve rapidly. Always stay up-to-date on the latest trends, tools, and strategies. Join trading communities, watch educational content, and continuously improve your knowledge base.
Pro Tip: Follow experienced traders, read trading books, and practice in demo accounts before going big.
---
CONCLUSION:
Futures trading in crypto offers immense potential, but it requires skill, discipline, and constant learning. With these 10 essential tips, you’ll be better prepared to navigate the volatile world of crypto futures trading and enhance your profitability.
🚨 Risk Disclaimer: Futures trading involves substantial risk and may not be suitable for everyone. Always trade responsibly. 🚨
If you want more such educational posts, Trades and Top-notch Bitcoin updates, Hit that like button! Follow me if you're reading this for the first time!
Thank you
#PEACE
BTC Trading setups to be forming!There are a couple of setups to be developed.
Current trend indicating potential long setup to first "line" or even short zone. Waiting for nice candle to confirm the idea.
And from the line or short zone obviously sell setup. Waiting for a Bearish HTF closure. INVALIDATION = If we print strong bullish HTF candle, then I will let long setup ride.
Will take partials/manage my position around the trouble area as we can get another long setup.
The ideal scenario is we go from the short zone all the way down to the lows, that's my perfect play but there are many setups for me in this "range". Trade safe!
BTCUSDT 4H - TRIANGLE in the MIDDLE ZONEBTCUSDT 4H - TRIANGLE in the MIDDLE ZONE
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 4H - TRIANGLE in the MIDDLE ZONE
The price of BTC is COMPRESSING in a TRIANGULAR ZONE with support at 60k. If it breaks upwards, it could reach 68k. If it breaks downwards, it could look for the base of the flag at 52k again. Whatever it does, it will surely be explosive without much reaction time for retail investors.
LEVELS:
SL: 60000
Dynamic Support: 57000
Flag Support: 52000
TP: 68000
BUY ZONE: above 70000 after price consolidation.
The path both up and down is going to be complicated in this game zone. There are multiple readings where the price could reverse and leave us out of the game both up and down.
_____________________________________________________________________
Crypto Trading Automated 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 down or up, 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 development process 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 stocks 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, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
BTC next move BTC gave a choch and bos conformation of small uptrend
market came without taking a supply from trend change area and there we can see FVG
so trend have to collect that FVG for continue sell trend
or break there structure for uptrend
📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me !
Best Regards , Davis 🥰
Hit the like 🤞🏻 button to !! Motive some energy !!🥇
📌 Note :
⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading
⨹ This is my pre and post market analysis to improve my trading journey 🚀
⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀
⫸ You are responsible for your trading ✅ not me ❌ ⫷
HAPPY TRADING 🥰
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.
BTC Bullish Above $65.5K, Bearish Below $60K | Weekly to 4-HourHey everyone, it’s Mindbloome Trader here! Let’s dive into Bitcoin’s charts, from the weekly to the 4-hour timeframe. If BTC breaks above $65,570, we’re in for a bullish run. But if we dip below $60K, things could turn bearish fast. Keep these levels on your radar and, as always, trade what you see. Let’s get it!
Key Levels:
Bullish above $65,570 (Target higher moves)
Bearish below $60,000 (Watch for downside pressure)
Mindbloome Trader
Trade what you see
Bitcoin BTC price sets the mood of the crypto marketThe Oc Uptober fest did not go well on the crypto market - sadness, pain, and the red color reigned supreme.
But is it really that bad, let's find out.
OKX:BTCUSDT price has dropped to $60k and the middle of the channel, where the price has been consolidating for more than 7 months. And although we have set $57k per CRYPTOCAP:BTC as a critical level for ourselves, but maybe we don't need to go there anymore ?)
It's better to use 1-2 large green daily candles up to GETTEX:64K per #Bitcoin. Unfortunately, we don't control the market)
🟢 BTC.D - 58.17%
🟢 USDT.D - 5.82%.
Both indices are slowing down their growth and trying to turn down, which may be a fresh breath of air for altcoins, but it will probably not be enough for everyone)
🔴 The Fear and Greed Index is 37 (a couple of days ago it was 61), there is already fear, but not yet critical, which is where global reversals usually come from.
🍿 We are waiting for Chinese liquidity to enter the cryptocurrency market, just a little more patience. By the way, LSE:CFX with “Chinese roots” has held up quite well in recent days,
it is worth keeping an eye on.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
BTCUSD Reverses from Major Resistance, Downtrend ExpectedBTCUSD has been trading in a well-established downtrend channel over the past few weeks. Recently, it hit a major resistance level and is now showing signs of a reversal to the downside.
Key Resistance Break:
The price action indicates that BTCUSD is failing to break through the resistance level, signaling a potential continuation of the downtrend in the upcoming sessions.
Potential Target:
Looking ahead to next week, we anticipate that BTCUSD may resume its downward trajectory and could potentially touch the 55,000 mark if the bearish momentum continues.
RSI Momentum Shift:
Multiple RSI lines have shifted downward, confirming the weakening momentum and supporting the likelihood of further downside movement.
Conclusion:
Traders should watch for confirmation of the downtrend as BTCUSD moves further from resistance. The technical indicators, particularly RSI, suggest that the market remains bearish in the near term.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk, and you should conduct your own research or consult with a licensed financial advisor before making any investment decisions.
BTC UPDATE 📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me !
Best Regards , Davis 🥰
Hit the like 🤞🏻 button to !! Motive some energy !!🥇
📌 Note :
⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading
⨹ This is my pre and post market analysis to improve my trading journey 🚀
⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀
⫸ You are responsible for your trading ✅ not me ❌ ⫷
HAPPY TRADING 🥰
Why Bitcoin patterns from 2021 could lead to a 100K usdt now
I have used a line graph to make it easier to see, though it does take some details out. With candles, the % given are seen to be accurate.
So. From the point where I considered PA to start its move in Sep 2020 ( 1 ) , we saw an initial 84.6% move higher before PA took time out and Ranged, to cool off.
Similarly, the start point this time was in Jan 2023 ( 1 ) and we saw a 95.4% rise before PA took time out and cooled off.
In Dec 2020 ( 2 ) , then took us up another 124% before we saw a more severe pull back ( 3 ) of -28.6%
This time round, we saw a Rise of 131% ( 2 ) before the current pull back of -33% ( 3 )
We now sit at the point where we maybe about to start the 4 leg up.
In 2021, The next rise ( 4 ) took us up 119.4%, to the next ATH in March 2021
If we were to do this again in 2024 / 2025, a simialar rise takes up to that magical 100K zone.
This time round, the whole process has taken a Lot longer, more controlled and calmer and, maybe, less likely to fall like a stone afterwards.
Amazing similarities in Price rises %.
BITCOIN - must happen to see new ATHAs I told you in my previous analysis of Bitcoin, it is a triple bottom and it will rise and it is the end of bear market, while the majority expected its decline to continue from 57k to 40k levels.
Check out my analysis and drawing the chart attached below and you will see for yourself that what I say is true... remmember i see what others don't
Now I tell you!
Bitcoin is going to reclaim the 200MA
the last time Bitcoin tried this was in august 2024 but it ended up being a fakout leading dumpto 52.5k
now it's trying to reclaim the 200MA again and if it can hold this level we could be looking for a massive breakout a head
this analysis will be constantly updated , so follow us to receive all news updates
Best regards Ceciliones🎯
$BTC DAILY ANALYSIS. IS THE BIG SHORT AT THE DOOR?As I expected in the analysis dated September 15, the link of which I left below, the price first retreated to 57,000 when it was at 60,000 and then continued its upward movement and reached the extreme supply area by taking the high that I expected to be liquidity.
It is quite normal for the price to slow down in this area. Since the price is currently in the decision phase, taking trades in lower time frames may end up as stop loss. The internal structure is still bullish and I think the demand area that the price is currently in may react upwards. Then, if I see bearish momentum to kick in and an entry model in the 4H time frame, I will look for sells.
Another scenario is using the 70,000 high as liquidity, which is a bit unlikely imo, and then the price falling with a strong bearish momentum. As long as 72000 is not exceeded, and I would expect a daily candle closure above, I think the first range that the price will likely to go is 49000 - 44000.
#BTC All big time frames & all indicators leads to 40K & 30K
#BTC
**** All Big time frames & all indicators leads to 40K then 30K and may be less.
**** #BTC plan here is for bigger time frames only and this plan may be take very long weeks.
*** Check the daily trend in my account @Crypto_alphabit
******************************** This is my expectation for next weeks **************************
****************( MAY BE I AM COMLETELY WRONG, PLEASE DO YOUR OWN PLANS ) *****************
#BTCUSDT
#bitcoin
#BTC
CRYPTOCAP:BTC
#BTCUSDT
#BTCUSD
#BTCETH
#ETH
BINANCE:ETHUSDT
#ETHUSDT
#ETHBTC
#ETHUSD
#trade
#trading
#longterminvestment
#Cryptotading
#cryptoinvesting
#investment
##trading
#cryptocurrencytrading
#bitcoininvestments
#Investing_Coins
#Investingcoins
#Crypto_investing
#Cryptoinvesting
BINANCE:BTCUSDT
BINANCE:BTCUSDT
BTC Daily Idea - Land and Sea IndicatorThursday 26th September 2024
BTC Daily Land and Sea
BTC has completed at TD 7 count flipped to a red 1 then to a new TD Green 1.
The bottom of the L&S bands has crossed above the MA's, which indicates downside is coming. But since it has flipped green and it might be a shallow dip to the MA's at ~$61k USd before another bounce up to test FWB:65K to FWB:67K before we get a L&S correction where the bottom band crosses below the MA's and the BTC price follows down to TD support at ~$56k USD.
Fib entry points indicate
$58,355
$56,308
$53,377
I do not see it going any lower than this, unless there is shock reactions to announcements in the lead up to the US selection or further conflict escalations in the middle east conflicts with IxxxHell instigating and agitating its neighbours and humans within its borders.
Also note Blackrock analyst announced that he see's BTC as a "risk-off asset"? Therefore a safehaven asset!
Sail the high seas and stay vigilante Crypto Pirates.
Peace in the Middle East.
f.society, f.police, f.govt, f.politicians.