Btcudst
BTC Update in Lower TimeframeBTC in the 2H timeframe shows good support at the current market price (CMP) where we have the 100 EMA. Additionally, the lower trendline indicates support at $67.7k.
We have short-term resistance at SWB:69K , and if BTC breaks above the blue range, a price jump up to the local top of $71.9k is likely expected.
Invalidation point: $67.7k.
Do your own research before making any decisions.
Regards,
Team Dexter.
Are we gonna witness a new All-Time HighBTC has broken the $70k resistance as expected. Now, it is aiming for the previous ATH of $73.7k.
Are we going to see a new ATH soon? I would possibly say yes, but for confirmation, BTC must hold the $70k support (previously resistance).
This is exciting!
Do your own research before investing.
Regards,
Team Dexter
#BTC
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 Update leading diagonal 5-3-5-3-5The leading diagonal pattern is very similar to the ending one. It consists of five sub-waves, labeled 1-2-3-4-5. Its first wave is usually the longest, while the third wave cannot be the shortest among waves 1, 3 and 5, and waves 2 and 4 are always corrective. Waves 1 and 4 should overlap. There are, however, few notable exceptions. First, leading diagonals occur in the position of the first wave within a regular five-wave impulse or in the position of wave A of a simple zig-zag correction. Second, unlike ending diagonals, where each of the five waves is corrective in nature, the structure of the three motive waves of the leading diagonal – 1, 3 and 5 – can be corrective as well as impulsive.
Waiting for a reaction BTCActually i am waiting the price to enter the support area at $60.800/$60.000. There i will look for a trade, considering that we have seen strong rejection when price reached this level. I think we will have more chances to enter shorts, i will keep you updated as soon as i will see a clear direction.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Nicely gained $64,344 support, currently testing $66,323 support - time to see if it can hold it, seems unlikely judging by current RSI on 4h, but last 1D close looks great and RSI on 1D also good. $64,344 next support from here. $68,546 next key resistance from here. Watch given S/R
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Tested $66,961 on Friday as expected, revisiting key support at $66,323. Finally above $68,546 on 3rd attempt, $69,813 testing. Bullish engulfing on last 1D close and RSI also looking good on 1D, expect $71,379 test if followed thru, $68,546 support yet to be tested, it will be key support if held.
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.
BTCUSDT Short trading ideaOKX:BTCUSDT.P
Short trading idea
=
Head and shoulders
+
Rising wedge
+
Fibonacci retracement 0.618
+
Fibonacci retracement 0.786
+
Retest level 30000
=
Enter 61175
=
Exit 53921 + 47241 + 31047
I am interested in your opinion on this algorithm of actions
deposit 20% of the asset
order 20% of deposit
shoulder ×20
cross margin
take profit 25+-% of the order
stop loss 5+-% of the order
day loss 1% of deposit
RR 1 to 5
Short position
Enter against a negative news background
+
When trendsetters are in a negative mood
+
No upcoming reports, speeches
+
Bearish chart and candlestick patterns
+
A pool of indicators signals a downtrend
#DYOR
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
My midterm (6-10 months) expectations on BTC.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!