BTC / BTCUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Btctrading
BTC live analysis and Prediction on 8/4/24 My overview is bullish in BTC as per current buyers and sellers activity.
if price test resistance and retrace not more than 50-60% then a bounce is expected.
If price fail to test resistance then this overview will consider as NULL (conditions not fullfilled)
Btc Hello traders,
I'd like to share my opinion on BTC. As you can see, the price is currently within a 4-hour order block. I have two scenarios:
**Scenario 1: Breakout above 62,000$**
If the price breaks through 62,000$ sharply and closes above it, with confirmation from candle formations, it could be a good opportunity to buy.
**Scenario 2: Breakout below the current zone**
If the price closes below the current zone on a higher timeframe, then after completing its pullback, it could be a good opportunity to sell towards the daily order block.
**Important Notes:**
* **Confirmation:** Always seek confirmation from candle formations and other technical indicators before entering any trade.
* **Risk Management:** Implement effective risk management strategies, including stop-loss orders, to mitigate potential losses.
* **Market Dynamics:** Remember that market conditions can change rapidly, so stay updated on any news or events that could impact Bitcoin.
Good luck with your trades!
Btc Hello traders,
I'd like to share my opinion on BTC. As you can see, the price is currently within a 4-hour order block. I have two scenarios:
**Scenario 1: Breakout above 62,000$**
If the price breaks through 62,000$ sharply and closes above it, with confirmation from candle formations, it could be a good opportunity to buy.
**Scenario 2: Breakout below the current zone**
If the price closes below the current zone on a higher timeframe, then after completing its pullback, it could be a good opportunity to sell towards the daily order block.
**Important Notes:**
* **Confirmation:** Always seek confirmation from candle formations and other technical indicators before entering any trade.
* **Risk Management:** Implement effective risk management strategies, including stop-loss orders, to mitigate potential losses.
* **Market Dynamics:** Remember that market conditions can change rapidly, so stay updated on any news or events that could impact Bitcoin.
Good luck with your trades!
#BTCUSD/H4. What opportunities are there for BTCUSD and Bitcoin?BTCUSD long-term analysis:
After establishing a new peak at 70000; BTCUSD has dropped sharply to the previous support area of 63500, where a correction towards 64800-65000 is occurring before continuing the downward trend.
There is a high possibility that BTCUSD will form a bottom around 61000-61500 and move back up.
Recommended orders:
Plan 1: SELL BTCUSD zone 64800-65000
SL 65300
TP 63300-62300-61000.
Plan 2: BUY BTCUSD zone 60900-61100
SL 60600
TP 62000-65000-69000.
Good Bounce in BTC as expectedBTC created a sharp bounce from 50-60% Retracement levels which was expected. But I was expecting price will consolidate near resistance level but price directly break the resistance in this quick move thats why there this a retracement. People booked there profit after a quick move
IF there was consolidation near resistance then sharp continuation was expected.
#BTC/USDT#BTC
Bitcoin price is moving in an upward trend on the 4-hour frame since the beginning of the month
The price is strongly adhering to the trend line. Now we have a slight breakout downwards. We are waiting for a rebound from it upwards and a 4-hour close above the trend to confirm the rise and respect the trend
We have so far stability above the 100 moving average, which supports the possibility of rising
We have a retest of the broken downtrend on the RSI indicator
Which gives a selling saturation and increases the chances of rising
Current price 66320
The target of rising on two targets
The first target is 68000
The second target is 69800
The model is canceled in the event of a 4-hour candle closing below 65000
#BTC/USDT#BTC
Bitcoin price has been moving in an upward trend on the four-hour frame since the beginning of July
The price has now touched the rising trend and produced a reversal candle on a 4-hour frame
It is expected to retest the level that the price reached two days ago
Our target is at 68186
This is supported by the bearish saturation of the RSI aperture
The rise also supports stability above the Moving Average 100
And stability is above the current trend
The pattern is canceled
if it closes 4 hours below the upward trend in orange
BTC Bitcoin Technical Analysis and Trade Idea👉🔍We can observe that Bitcoin (BTC) has been in a bullish trend recently and has retraced to a key support level. In the video, we discuss market structure, price action, and the trend. I'm expecting to see a potential reaction and an opportunity to go long if the price action unfolds as described in the video. As always, this is for educational purposes only and should not be considered financial advice. 📊✅
COTIUSDT => Uptrend posibilityPrice Action and Trend: We observe that the price has exited a long-term downtrend and entered an upward channel. The yellow downtrend line indicates that the price has broken this trend and started to rise.
Support and Resistance Levels: There are several important resistance levels marked with red lines on the chart:
0.16873
0.14700
0.12527
0.08906
The support level marked with a green line is at 0.10158.
Target Price and Potential Gain: The blue box and arrow indicate the potential for the price to reach the 0.12527 level. This represents an increase of 0.04543 (or 44.72%) from the current level (0.11223).
Price Channels: We see that the price is moving within an upward channel marked in blue. This channel is used to define the boundaries of the upward movement of the price.
Overall, the chart shows that COTI has recovered from an important support level and has the potential to move towards certain resistance levels. Such technical analyses can be important decision-making tools for investors.
BTC =>PO3 possibilityOverview of the Chart
Timeframe: 1-hour (1h) candles
Exchange: BINANCE
Pair: BTC/USDT
Current Price: Approximately 65,960 USDT
Volume: 444.1
Key Chart Elements
Support and Resistance Levels:
Resistance Levels:
Around 67,128 USDT
Around 67,534 USDT
Around 68,542 USDT
Around 70,000 USDT (psychological level)
Support Levels:
65,698 USDT
64,748 USDT
64,513 USDT
63,485 USDT
Indicators:
Relative Strength Index (RSI):
Current RSI value around 50.24, indicating neutral momentum.
MACD (Moving Average Convergence Divergence):
Indicates bearish crossover, suggesting downward momentum.
Volume Profile:
Volume seems to have increased recently, indicating higher trading activity.
Candlestick Patterns:
Recent candles show a bearish trend, with a notable drop in the price to the current level.
Observations and Potential Scenarios
Bearish Scenario:
If the price breaks below the current support at 65,698 USDT, the next potential support is at 64,748 USDT.
The Ichimoku cloud and the stochastic oscillator indicate further downside potential.
Bullish Scenario:
If the price can hold above the support and move back above the 66,363 USDT resistance (purple moving average), it might aim for the next resistance at 67,128 USDT.
RSI near neutral suggests there is room for an upward move if momentum shifts.
Neutral/Balanced Scenario:
Price might consolidate between 65,698 USDT and 66,363 USDT in the short term before deciding the next major move.
Conclusion
The chart suggests Bitcoin is currently in a critical zone, with a balance of bearish and bullish indicators. Close attention should be paid to the support at 65,698 USDT and resistance at 66,363 USDT. A break below or above these levels could indicate the next significant price movement.
It's important to use this analysis in conjunction with other information and market conditions to make informed trading decisions.
Market Update: BTC Price Correction and Potential Support LevelsMarket Context:
Earlier in the week, CRYPTOCAP:BTC faced rejection at around $68,000 and has started to correct. The price is currently trading at $66,000.
Expected Market Movement:
Further Pullback: We anticipate a further pullback over the next few days to test the strong support area around $63,000.
Support Levels:
The $63,000 level coincides with the Daily 50 Moving Average.
The 0.382 Fibonacci retracement also aligns with this level, adding additional support.
Potential Scenario:
Bounce from Support: A move off the $63,000 level could set BTC up for further continuation.
Test of All-Time High: If support holds, BTC could potentially test the all-time high over the next couple of weeks.
📊 Key Levels to Watch:
Support: $63,000 (Daily 50 MA and 0.382 Fibonacci retracement)
Resistance: $68,000 (recent rejection point)
Potential Targets: All-time high if support holds and price continues to move higher
🚨 Note: Monitor the price action closely as BTC approaches the $63,000 support level. If the support holds, it could provide a strong entry point for a long position. However, a break below this support might signal further downside. #BTC #CryptoMarket #TechnicalAnalysis 🧐
#BTC/USDT#BTC
The price is moving within a bullish channel pattern on a 30-minute frame, and the price is now at the lower border of the channel
Which supports the bullish assumption because the price is based on an upward trend and is moving within it
We have a higher stability moving average of 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 67,000 $
With a target at the upper border of the ascending channel 68600 $