BITCOIN - this is just the beginning!We had previously predicted that Trump would win the US elections, and we talked about how positive that would be and how this coincided with the rise of Bitcoin and the start of the bull market in a detailed scenario, and it happened precisely.
Many are asking about currencies now and are worried about entering after this recent rise
You should know that this market has stages Bitcoin Dominance still high Which means that Bitcoin gave a small portion of liquidity to currencies
this is chart for BTC dominance and just imagine if this huge rising wedge breakdown?
so iam extremly bullish this time and should nknow ALTseason didn't start yet!
If you enter the chart of any coin, you will find that it is still at the bottom
I see that there are many opportunities and you will easily find from this region many currencies made x5, x10 easly.
What we need in the coming days is for Bitcoin to make a temporary peak, then correct, then move sideways, decline in BTC dominance
for BTC i see it make a NEW ATH after more than 250days of accumulation any small correction in BTC is a positive sign for ALTS
Btcupdate
is HMSTR booming?????hi everyone, I'm MSNP and today we want to talk about GATEIO:HMSTRUSDT , please follow me and support this idea
after a down trend HMSTR showing potential (26% today)
we had a trend line that you can see here:
and a BO above it. so, what's we excepted for future?
1. in first place we need a prove and confirmation of starting new trend, so we need a bull candle above EMA.
2. we need a pullback: after this down trend (68%), after BO we need a pullback, the pullback area is marked with blue line that you can see here:
3. after pulling back and testing the bottom successfully we need to see more power from bulls, 2,3 good bull bar would be nice and after two bull bars that close on top you can buy above them for a swing
4. target is marked in chart with sky blue line that you can see here:
5. the road that i expect from HMSTR is here:
thank you for reading, ask any questions and i will be there for you
BITCOIN Short Trade Alert: Pullback Opportunity on 4H ChartBITCOIN (BTCUSD) Technical Analysis:
Bitcoin's 4-hour timeframe is presenting a promising short trade opportunity. The chart signals a potential pullback after testing key resistance levels. This setup is particularly appealing for traders leveraging 5x to 10x positions.
Trade Summary:
Entry Point: $76,549.8
Stop Loss (SL): $76,885.1
Targets:
TP1: $76,135.5
TP2: $75,465.0
TP3: $74,794.5
TP4: $74,380.2
Key Insights:
Trendline Breach: BTC's price action is testing a steep upward trendline, hinting at a potential reversal.
Momentum Shift: Weakening bullish momentum on the higher timeframe adds confidence to the short trade.
Risk-Reward Balance: Tight stop loss above resistance ensures a favorable risk-to-reward ratio.
Leverage Consideration:
5x Leverage: For risk-averse traders aiming for steady returns.
10x Leverage: Suitable for aggressive traders ready to maximize potential gains while managing risk.
Recommendation:
Execution: Enter short positions near the marked entry zone with targets aligned with the support levels.
Stop Placement: Keep the stop loss firm above the $76,885.1 resistance level to avoid unnecessary risks.
Trend Monitoring: Watch for sudden market sentiment changes that may invalidate the pullback.
Conclusion:
This Bitcoin short trade setup offers an excellent opportunity for traders looking to capitalize on a pullback scenario. Leverage wisely, adhere to risk management, and let the strategy play out for maximum gains.
Bitcoin Approaching Key Resistance—Watch for Breakout / PullbackSince the last analysis, Bitcoin has respected the Crucial Support Zones and is now approaching a pivotal point at the Descending Resistance trendline.
We’ve seen a bounce off the support zones, particularly the 1W BISI, which has held firm, and the next move will be decisive as BTC approaches the U.S. Election timeline in early November.
Key Developments:
Bitcoin is approaching the Descending Resistance, with a potential breakout signaling a move towards 76K and beyond.
The 1W BISI (one-week bullish imbalance support) has acted as a strong foundation for this current price action, making the upcoming resistance test a crucial moment.
The RSI is sitting comfortably above 55, showing momentum building up in favor of the bulls.
Strategy Update:
Swing Traders: Look for confirmation of the breakout above the descending resistance. If price holds and closes above this level, a run toward 76K and 80K becomes highly probable.
Scalpers: Stay cautious around the resistance zone. If Bitcoin fails to break out convincingly, a short-term pullback to retest the 1W BISI could provide shorting opportunities.
Key Levels:
Resistance: The Descending Resistance trendline is your key point for watching breakout potential. If BTC breaches this level, expect a rally to 72K and 74K.
Support: The 1W BISI and Crucial Support Zone 1 (around 64K) will act as strong support levels in case of any short-term corrections.
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This setup remains crucial as the U.S. Election date approaches, a point that may trigger increased volatility across markets. Keep your risk management tight and stay flexible as the market prepares for its next major move.
BTC in Weekly Timeframe: Holding Support.Hello, traders!
In my previous update on the daily timeframe, I mentioned a possible rejection for BTC, which has now occurred. The $69k level was expected to hold as support, but it failed, and the price is currently trending at $68k, which remains a support level, though a weaker one.
On the weekly timeframe, BTC is still showing strong support, but if we see a further correction, $65.5k is likely the next level to watch. The upcoming weekly close needs to stay above this support level.
With the U.S. election happening today, the market is likely to experience some volatility, so please be cautious and trade safely.
I’ll continue to keep you all updated on market conditions.
Is BlackRock's Bitcoin ETF the Future of Digital Gold Investing?BlackRock's Bitcoin ETF: A New Era of Digital Gold
A Golden Opportunity
BlackRock, a titan in the world of finance, has made a significant move into the cryptocurrency market with its Bitcoin ETF. This development marks a pivotal moment in the mainstream adoption of digital assets, potentially signaling a new era of investment opportunities.
The Appeal of Bitcoin ETFs
Bitcoin ETFs offer several advantages to investors:
• Accessibility: ETFs provide a convenient way for investors to gain exposure to Bitcoin without the complexities of directly purchasing and storing the cryptocurrency.
• Regulatory Oversight: ETFs are subject to regulatory oversight, which can increase investor confidence and reduce risks associated with direct cryptocurrency investments.
• Diversification: Bitcoin ETFs can be used to diversify investment portfolios, potentially reducing overall risk.
• Liquidity: ETFs generally offer higher liquidity compared to direct cryptocurrency investments, making it easier to buy and sell shares.
BlackRock's Strategic Move
BlackRock's decision to launch a Bitcoin ETF is a strategic move that underscores the growing institutional interest in cryptocurrencies. The firm's reputation and vast resources can help legitimize Bitcoin as a viable investment asset and attract a wider range of investors.
The Impact on the Crypto Market
The launch of BlackRock's Bitcoin ETF could have a profound impact on the cryptocurrency market:
• Increased Institutional Adoption: As more institutional investors gain access to Bitcoin through ETFs, it could lead to increased price stability and reduced volatility.
• Price Appreciation: The influx of institutional capital could drive up the price of Bitcoin, potentially leading to significant gains for investors.
• Regulatory Clarity: The success of Bitcoin ETFs could pave the way for further regulatory clarity and standardization in the cryptocurrency industry.
• Innovation and Development: Increased investment in the cryptocurrency ecosystem could spur innovation and the development of new blockchain-based applications.
Challenges and Considerations
While the launch of BlackRock's Bitcoin ETF is a positive development, it is important to consider the potential challenges and risks:
• Market Volatility: The cryptocurrency market is known for its volatility, and Bitcoin prices can fluctuate significantly.
• Regulatory Risks: Changes in regulatory policies could impact the performance of Bitcoin ETFs.
• Security Concerns: Cryptocurrency exchanges and wallets are vulnerable to hacking attacks, which could lead to losses for investors.
Conclusion
BlackRock's Bitcoin ETF represents a significant milestone in the evolution of the cryptocurrency market. By providing a regulated and accessible way to invest in Bitcoin, the ETF could attract a new wave of investors and further solidify the cryptocurrency's position as a valuable asset class. However, investors should approach Bitcoin ETFs with caution and carefully consider the risks involved.
BTC Breakout Incoming? Key Levels You Can’t MissGood morning, trading family! Bitcoin nailed our target, and now it’s decision time. If BTC breaks $75,600, we’re looking at moves to $77K or even $78,500. But if support at $73,600 doesn’t hold, we could see a pullback to $71,500.
Keep it simple—trade the levels, stay chill, and let the market come to you. It’s all about patience and sticking to the plan.
MINDBLOOME TRADING / KRIS
TRADE WHAT YOU SEE
BITCOIN (BTCUSDT) Hits All Targets! Massive Gains - 20x LeverageBITCOIN (BTCUSDT) Technical Analysis:
Bitcoin surged on the 15-minute timeframe, delivering stellar results as it smashed through all marked targets. The trade, taken on 20x leverage, provided a high-risk, high-reward opportunity for traders utilizing the Risological Swing Trader Indicator.
Trade Summary:
Entry Point: $68,454.9
Stop Loss (SL): $67,631.4
Targets Achieved:
TP1: $69,472.6 ✅
TP2: $71,119.5 ✅
TP3: $72,766.4 ✅
TP4: $73,784.2 ✅
Highlights:
Flawless Execution: Entry was timed to perfection using the Risological Dotted Trendline, confirming a strong bullish momentum.
Leverage Power: The 20x leverage magnified gains exponentially, showcasing the potential of well-executed high-leverage trades.
Strong Trend Support: Bitcoin continued to respect the trendline, providing consistent confidence to hold the trade to its full potential.
Risk and Reward:
While the high leverage trade amplified profits, it also carried significant risks. Only traders with a clear risk management strategy and confidence in the Risological Indicator should consider such setups.
Recommendation:
Book Profits: With all targets hit, locking in gains is prudent.
Monitor Retracement: Bitcoin may test support zones, presenting fresh opportunities for re-entry.
Stay Updated: Use the Risological Swing Trader to stay ahead of market moves and identify the next big trade.
Conclusion:
This Bitcoin trade showcases the power of strategic analysis and disciplined trading with the Risological Indicator. For traders willing to take calculated risks, the results speak for themselves.
#BTC/USDT / Ready to go up#BTC
The price is moving in a descending channel on the 30-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 74260
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 74854
First target 75485
Second target 76545
Third target 77746
BTC/USDT.P update - Post ElectionThere are two potential scenarios currently. One is that we continue to push into price discovery and the bull run officially starts, or we will have a decent pull back that traps all the easy retail loans at the top before the actual bull starts....
I think both are likely and I'm not here to predict, but I am going to prepare for both situations.
I've marked in yellow circle indicating where the pull back is likely to land if we do see one. If we don't, I am already packed with previous accumulations and I'm happy to ride this bull with some left over sideline capital.
It's never a good idea to spend all your resources at any given time, that is like "show hand", you can play it where you always have left over resource to do something and put yourself in an advantage. It is my opinion of course, but it's been working out great for me so far. Trade safely guys, no matter what, something is about to get down LOL. @Nate Alert
BTCUSDT 15 min - BEAR & BULL StrategiesBTCUSDT 15 min - BEAR & BULL Strategies
TRADEX BOT NEWS:
We already have an improved version of the autotrading bot. This version allows the scalability of the project. The bot needs much less resources, we have eliminated weak links making the process much more direct. As for the execution, there is almost no delay, it is immediate at market price.
Now we are improving the mathematical execution logic to resume testing with different strategies.
It will be ready very soon :)
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 in a VISUAL and PROFESSIONAL way, as we present in the analysis.
Thank you!
_______________________________________________________
BTCUSDT 15 min - Bullish Channel Strategy
Ok, we already have a new ATH at 76k, and now what?
As always we need to set a strategy that allows us to properly manage the risk and reward equation.
We don't really know what the price will do. It may break down, correct to 73k and gain momentum. If so, we need to set buy and sell zones that improve our probability of success.
LEVELS BULLISH STRATEGY:
TP 78K
BUY: 75200
SELL: 74600
LEVELS BEAR STRATEGY:
SL: 74600
BUY: 73000
In the uncertainty zone, they will dance with us until we have not a single $ left in our pocket :)
We just have to wait for the triangulation to break in one direction or another.
Good luck in your decision making.
______________________________________________________
Automated Cryptocurrency Trading Bots: All of these strategic alternatives can be set up with TradeX BoT, as it will allow you to position in both directions without having to lock any amount per position. It will only be necessary for the conditions to be met, either downward or upward, 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. Get informed, educate yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
BTCUSDT 1D - LONG coffee Pls!BTCUSDT 1D - LONG coffee Pls!
TRADEX BOT NEWS:
We already have an improved version of the autotrading bot. This version allows the scalability of the project. The bot needs much less resources, we have eliminated weak links making the process much more direct. As for the execution, it has almost no delay, it is immediate at market price.
We are now improving the mathematical execution logic to resume testing with different strategies.
It will be ready very soon :)
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 in a VISUAL and PROFESSIONAL way, as we present in the analysis.
Thank you!
_______________________________________________________
BTCUSDT 1D - LONG coffee Pls!
We have finally completed the cup and handle figure. The projection takes us to 120K, but there will be ups and downs along the way. Nothing new :)
Before looking for 80k, BTC will probably retest 69k from where it would take liquidity for a new push. It could even reach 66k.
The most interesting thing is yet to come with the awakening of the ALTS.
At these prices, BTC will grow steadily, developing distribution zones. Think that BTC increasingly needs more capital volume to rise 1%. On the contrary, the ALTS have been suffering a harsh punishment that has many of them at minimums. In this type of tokens, as soon as a little capital comes in, the value skyrockets.
I like to follow BTC as an index that sets the direction of the market, but no more.
Good luck in your decision making.
______________________________________________________
Automated Cryptocurrency Trading 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 downward or upward, 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 values 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 dominance reveals how to navigate crypto cyclesHello everyone,
this one is for patient (long-term) traders/investors, not for those chasing daily gains or short term swings.
We are looking at BTC dominance chart. BTC dominance is currently at 60%, which is pretty high.
Everyone who follows cryptos for some time should know how crypto cycles work. BTC is king and always leads the way. BTC if the first one to start the bull run, altcoins follow. When BTC is near its peak, money transfers into ALTs --> start of ALTSEASON.
The first peak of altcoin season was January 2018. BTC dominance was at 35%. After Jan 2018 we went into a bear market. BTC dropped in value, ALTCOINS dropped even more. Consequently, BTC dominance went up.
BTC dominance reached top at 74% in Jan 2021. That is when ALTSEASON started.
THIS DOES NOT MEAN THAT BTC REACHED TOP in Jan 2021.
BTC rose from 40k to 70k between Jan 2021 and Nov 2021, but ALTs in this period made bigger gains.
BTC dominance in this period plummeted from 74% to 40%, creating a base for future.
From Jan 2023 BTC has been rising and increasing its dominance, currently sitting at 60%. I am positive it will not break high of Jan 2018. Next strong resistance is in the area of 64-67%, I expect dominance to reverse in this area.
BTC has already made a new ATH, but total crypto market space is not at an ATH yet. So ALTs are lagging in comparison to previous cycle.
I believe we are at the start of ALT season and I will be looking into ALTs for my last gains this cycle. Check my other posts to see which ALTS I am considering. I will also be posting some other ALTs in coming days/weeks, so subscribe to stay notified.
Good luck to everyone.
BITCOIN new ATH soon Hello and greetings to all the crypto enthusiasts, ✌
The previous two analyses regarding Bitcoin have achieved their upward targets, and in this analysis, we will summarize Bitcoin's movement in the relevant time frame. 💣🚀
In the last few days, we’ve seen an impressive surge as the price has not only shattered its all-time high (ATH) but has also broken through multiple significant resistance levels. At this moment, we have a powerful support level and a solid trendline in place, both of which are pivotal for our trajectory. 📚✨
I’m very optimistic that these key factors will drive substantial growth, positioning us to reach a new ATH in the near future. The potential for upward momentum is strong, and I’m excited to see where this journey takes us! 📚🙌
🧨 Our team's main opinion is The price has recently surpassed its all-time high (ATH) and several key resistance levels, supported by a strong trendline and support level. This sets the stage for significant growth and the potential for a new ATH in the near future. 🧨
To enhance your understanding, I’ve summarized the key takeaways at the bottom of the chart for your convenience. I hope you find this analysis insightful and beneficial. ✌🎉
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
BTC conclusionAnalysis by Ahmadarz📊
Key Observations:
1. Support Zone:
- 🛡️ A significant support zone is marked around 48,987.22, which has been tested multiple times as indicated by the green arrows.
- 📈 The price has recently bounced from this support, suggesting strong buying interest in this area.
2. Resistance Levels:
- 🚧 Multiple resistance levels are identified at 58,312.00, 62,497.20 - 62,454.00, 68,067.36, 71,773.98, and 76,514.94.
- ❌ These levels are marked with red arrows and have historically acted as barriers to upward movement.
3. Chart Patterns:
- 📉 A descending triangle pattern is evident, typically a bearish pattern. However, the price has broken below the triangle but then recovered, indicating potential bullish momentum.
- 🔄 The chart suggests a possible bullish reversal, with the price projected to move upward after holding above the support zone.
4. Price Action:
- 💹 The current price is 55,530.01, showing a recent recovery from the lows.
- 📊 There is a marked projection showing a potential upward move towards 76,514.94, passing through intermediate resistance levels.
Detailed Analysis:
- Bullish Scenario 📈:
- 🟢 If the support at 48,987.22 holds, the price could see a gradual move upwards.
- 🎯 Immediate targets would be the resistance levels at 58,312.00 and 62,497.20 - 62,454.00.
- 🚀 A successful break above these levels could lead to further upside towards 68,067.36 and beyond.
- Bearish Scenario 📉:
- 🔴 If the price fails to hold the support at 48,987.22, we might see a retest of lower levels, potentially around 43,103.08 or even lower.
- ⚠️ Failure to maintain above this critical support could indicate continued bearish pressure.
Trading Strategy:
1. Entry 🛒:
- Consider entering long positions near the support zone of 48,987.22 with a stop loss slightly below this level.
- Alternatively, wait for a confirmed break above the immediate resistance at 58,312.00 before entering a position.
2. Targets 🎯:
- Initial targets would be the resistance levels at 58,312.00 and 62,497.20 - 62,454.00.
- Extended targets could be 68,067.36 , 71,773.98, and ultimately 76,514.94.
3. Stop Loss🛡️:
- Place stop-loss orders below the support zone at 48,987.22 to manage risk.
Conclusion:
📊 The chart suggests potential bullish momentum if key support levels hold, with several upside targets. However, traders should remain cautious and watch for any signs of weakness at the support levels. External factors and market sentiment should also be considered in conjunction with this technical analysis. 🚀📉💡