BTC BITCOIN Technical Analysis & Trade Idea 👀👉 BTC Bitcoin has shown a strong bullish breakout, and I’m closely monitoring for a potential buying opportunity based on key criteria outlined in the video. In this analysis, we’ll explore the critical price action signals to watch and how to strategically position yourself for the next market move. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
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BTC Bitcoin Technical Analysis and Trade Idea👀 👉 BTC has recently broken market structure to the upside, signalling a potential bullish opportunity. The breakout is evident on both the daily and 4-hour charts, suggesting a buying setup could be forming. In this video, we’ll analyse market structure, price action, and focus on the prevailing trend. We’ll also highlight a potential trade setup, contingent on the price action aligning with our outlined scenario.
**Disclaimer:** This content is for educational purposes only and should not be interpreted as financial advice. 📊✅
BTC BITCOIN Technical Analysis and Trade Idea👀 👉 In this video, we explore BTC, which has recently exhibited bearish momentum with a break of structure on the 4-hour time frame. The pair has pulled back and is now retracing into a critical resistance level. I see potential for further downside and am closely monitoring whether the price holds below the current range low. If a breakout occurs, I plan to enter a sell position, as explained in the video. However, if the price action doesn't align with the discussed setup, there will be no trade.
It's essential to understand that these insights are speculative and not guaranteed predictions. Confirming specific price actions before entering any trades is crucial, as emphasised in the video. The analysis offers an in-depth look at the current trend, market structure, and price behaviour. Remember, this content is for educational purposes and does not guarantee success. Trading involves significant risks, so always implement strong risk management strategies. 📈✅
BTC Bitcoin Technical Analysis and Trade Idea 👉🔍 In this video, we analyze BTC Bitcoin. It's evident that BTC has been showing strong bearish momentum in recent times. However, considering today is Friday, I anticipate a potentially sharp retracement as big money wind up their trades for the week and hit stops for liquidity. My strategy involves monitoring the 3-5m chart for signs of sideways movement and a potential reversal, which could present a scalp/day trade buying opportunity targeting the previous bearish imbalance.
It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before considering any buying or selling decisions, as elaborated in the video. The video provides a comprehensive analysis of the current trend, market structure, and price dynamics. Remember, this educational content is designed to enhance understanding and does not guarantee outcomes. Trading inherently involves substantial risks, so employing robust risk management techniques is essential. 📈🔔
BTC Bitcoin Technical Analysis and Trade Idea📊 When we examine the daily and 4-hour charts for BTC Bitcoin, it’s evident that BTC is currently in a strong bearish trend. The price has been consistently moving downward.
I’m keeping an eye out for potential trade opportunities that align with a trend continuation strategy. In our video, we delve into essential aspects such as market structure, price action, and a specific strategy based on Fibonacci retracement levels.
Here’s a brief overview of what we cover:
📈 1: Market Structure: We analyze how Bitcoin’s price is behaving within the broader market context. Understanding market structure helps us identify key levels and potential turning points.
📈 2: Trend Analysis: By examining price movements, we determine whether the prevailing trend is likely to continue or reverse. In this case, we’re focusing on continuation.
📈 3:Fibonacci Retracement: Fibonacci levels provide valuable support and resistance zones. We look for potential entry points based on these levels.
Remember that the content in our video is purely educational. It’s essential to approach trading with caution and not consider it as financial advice. Always conduct your research and make informed decisions.
BTC Bitcoin Technical Analysis and Trade IdeaRecently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your consideration.
Please remember, the content provided is solely for educational purposes and should not be taken as investment advice. Trading involves significant risk, highlighting the importance of consistently applying strong risk management strategies.
BTC Bitcoin Technical Analysis and Trade IdeaThis video explores a potential Bitcoin trading opportunity using technical analysis. We'll examine the current trend, price movements, and market structure to identify a potential entry point should favourable conditions materialize, as detailed in the video. It's crucial to remember that sound risk management is an essential component of any trading strategy. As always, this presentation is for informational purposes only and does not constitute financial advice.
BTC BITCOIN Technical Analysis and Trade Idea#BTC's recent bullish run has been noteworthy. However, I'm watching for a potential buying opportunity if we see a decisive retracement down to the 61.8 Fibonacci level. A subsequent retest and failure of a range at the low around the current support level formed during that pullback would provide a strong entry signal for #Bitcoin. As always, it's crucial to remember the inherent risks of trading. Conduct your own thorough research, factoring in fundamental market drivers and the broader macroeconomic landscape alongside your technical analysis. Never neglect sound risk management strategies to protect your capital.
Disclaimer: This analysis offers a technical perspective on BTC and should not be taken as investment advice. Tailor your trading decisions to your specific risk tolerance, informed by comprehensive market research and a holistic assessment of all relevant factors.
BTC BITCOIN Technical Analysis & Trade IdeaBitcoin (BTC) has enjoyed a robust bullish run, but recent price action on the four-hour 4H chart indicates potential weakness. Since February 13th, BTC has entered a sideways consolidation phase. I'm anticipating a sell opportunity should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for this trade would align with prior swing lows.
It's imperative to emphasize that trading carries inherent risk. Before executing any trades, it's vital to conduct your own extensive research. Consider both fundamental market drivers and global macroeconomic conditions alongside your technical analysis. Always implement sound risk management practices to safeguard your investment.
Disclaimer: This analysis presents a technical viewpoint on Bitcoin. It should not be interpreted as investment advice. Base your trading decisions on your own risk profile, comprehensive market research, and a thorough assessment of all relevant variables.
BTC BITCOIN Technical Analysis and Trade Idea (video)This is a full video explanation of my previous post. #BTC has encountered substantial resistance at both weekly and monthly (1W/1M) timeframes.
The 4-hour (4H) chart reveals sideways price action and a formation of a lower high, indicating potential bearish pressure. Expect a retracement targeting the 61.8% - 78.6% Fibonacci zone, derived from a significant daily swing low to swing high.
Trade Suggestion:
- Monitor for signs of a bearish shift in the trend on the lower time frame to confirm the retracement.
- Consider short positions upon breakdown from the current range, targeting the Fibonacci zone.
- Stop-Loss: Implement a carefully calculated stop-loss above the recent swing high to manage risk effectively.
Disclaimer:
This analysis is offered for educational purposes only and should not be interpreted as direct financial advice. Always conduct your own thorough research and implement sound risk management practices before initiating any trades.
BTC BITCOIN Technical Analysis and Trade IdeaRecently, Bitcoin has experienced a period of consolidation within a specific price range, punctuated by occasional spikes that have targeted liquidity. In the video, we analyze the daily time frame to gain insight into the broader context. We examine the market's trend, structure, and price action, exploring a potential trade opportunity. It's important to note that the information provided is for educational purposes only and should not be interpreted as financial advice.
Bitcoin Consolidating For Another Sell Off.25K Imminent!*** DISCLAIMER No Financial Advice ***
Bitcoin can go as low as 25K today
it's important to note that technical analysis and patterns suggests an imminent correction before the next leg up
when we reach 25K then we decide the next level but IMHO 20K is comin slowly but surely and more lows will follow after that
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Bitcoin Trying to reach 31K before it runs out of fuelBTC New Pattern that we want to pay more attention to anything else is the new rising broadening wedge
obviously we havent seen ANY lows for a long time , maybe we see it after reaching new highs 31K or we start the new Low process since SPX is giving bearish signals
Thanks for watching
Bitcoin Bulls are running out of fuelBTC/3H we finished the previous triangle, did swept the high touching (25.2) then we swept the lows 23.8 then we came back to the bottom of the previous range.
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Bulls are slowly losing their power but if we manage to touch 25.2 two more times we could break up on the 4th touch
we could also form another high at 25002 and then go lower.
Liquidity wise there are some high leverage liquidity ~24691 to grab or we could make another high then go down -details explanation in the video
Thanks for watching
bitcoin Big RED candle comin soonAfter bitcoin exited the rising broadening wedge we bounced from top of the left shoulder(light yellow line)
and is doing a rising wedge right now which might endup in the right shoulder if we wick up then leg down another 8 to 13 percent.
In the video I also mentioned liquidition clusters and where people get liquidated THE MOST.also high leverage positions been shown.
we also might consolidate today wating for CPI numbers to comeout before another major move.
BTC is in a range. Seems like a swing trader's dream come true!$BTC price action has been bound between $40,000 and $34,000 for most of the last 28 days. The market structure seems clear for now although predicting anything about $BTC price is extremely tricky. It's a very volatile asset and has seen days when the price has ranged from $30,000 to $43,000 in a single day. In a sideways range bound market, there are always opportunities for swing traders. Big large body candles with price rejection at the key points of support and resistance provide for well defined points to enter and exit trades. While the opportunity and patterns are clear, there are days when the price has breached through these price points only to come back in range. This means it's extremely important to keep some breathing room and set your stop loss at least a couple of ATR away from your entry point. This video illustrates some possibilities and shows key price points and explains the market structure.
There is absolutely nothing in this video that should be consider as investment advice. Please do your own research before you enter any swing trades.
Bitcoin (BTC/XBT) & Ethereum (ETHUSDT/ETHBTC) Update 2021/06/01Bitcoin (BTCUSDT)
Bitcoin broke out of the W bottom yesterday, and is now retesting the neckline of the breakout at 36.5K. It's a bit bearish that price closed below this neckline, but we need to see if price can close above the 36.5K level. If price moves lower, we have the 61.8 Fib @ 35.6K
Ethereum (ETHUSDT)
Ethereum had a nice 10% rally after breaking out of the W bottom pattern. It is now retesting the 200MAs in the 2550-2600 zone. If price bounces off of this level and establishes the 200MAs as support, we could see a nice second leg up. There is also a larger W bottom pattern that is potentially forming, with the neckline at 2900. If price breaks above 2900 with strong volume, the potential target out of this pattern would be 4K+, an absolutely huge move.
Ethereum (ETHBTC)
The ETHBTC pair also had a nice rally after breaking out of the W bottom pattern. I actually took a long on this pair, which I shared live, so congratulations to everyone who took the trade.ETHBTC ran into some resistance at the 61.8/golden pocket at 0.072-0.073, which has been serving as the main resistance level for the past few days. As with ETHUSDT pari, the ETHBTC pair also has a huge potential W bottom forming, with the neckline lining up with the golden pocket at 0.03. Should price break above this level, the potential target is 0.09+, which would be a new high during this bull market
As always, im not a financial advisor, DYOR, and stay safe!