BTCUSD Bullish Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist BTCUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Btcusdanalysis
Can you spot the difference? Here are two different charts on display:
- The BTC chart (Hourly)
- The USDT Dominance inverted chart (Hourly)
These two charts move in parallel to each other, making it convenient to spot where the price is heading next.
For example, if the USDT.D makes a bullish move, BTC turns bearish and vice versa.
These two charts can never move in the same direction because one determines the price of BTC and the other the dominance of USDT in the market. If the dominance of USDT increases in the market, it technically means that traders are shifting to USDT instead of BTC or other altcoins.
Note: Do not get confused between the USDT Dominance chart and the USDT Dominance inverted chart. Both are the same chart and denote equal value.
This content is for educational purposes only.
Thank you for reading.
Regards,
Team Dexter
#BTC #USDTDominance
BITCOIN ( SENSITIVE AREA ) ( 4H )BITCOIN
HELLO TRADERS
Tendency the price inside a sensitive area
TURNING LEVEL : a black line between resistance and support level around 59,222 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level
RESISTANCE LEVEL : there is a green line above turning level around 61,964, indicates selling have already increase this level , when you reach this level buyer have more supply for bitcoin
SUPPORT LEVEL : there is a red line below turning level around 56,702 , indicates buying have already increase this level , when you reach this level selling have more demand for bitcoin
PRICE MOVEMENT : the price trading a sensitive area , generally stabilizing below turning level , indicates the price has taken a bearish
SHORT CONDITION : the price trying to reach a turning level around 59,222 , before dropping to touch a support level at 56,702 , then breaking this level reach demand zone at 54,321
LONG CONDITION : after breaking a turning level by open 4h or 1h candle above 59,222 , the price it will attempt to reach a resistance level at 61,964 , then breaking this level reach a 64,179
TARGET LEVEL :
RESISTANCE LEVEL : 61,964, 64,179
SUPPORT LEVEL : 56,702 , 54,321
Bitcoin High Time Frame Plan - 12.07.2024Hello TradingView Community 👋
A lot of uncertainty in the crypto market currently, therefore it is best to stay alert and open for any possible outcome. I want to present to of those scenarios here:
🚀 Bullish Scenario:
In the bullish scenario for Bitcoin, the plan is straightforward. First, the price needs to trade through the daily Fair Value Gap (FVG) and Balanced Price Range (BPR), which means Bitcoin should fill the existing price gap created by rapid price movements. Next, Bitcoin must reclaim the value area, indicating that the price rises above the region where significant trading volume has occurred previously, restoring confidence among market participants for higher prices. An essential step would then be to break the market structure on the daily chart (COS).
After breaking the market structure, a retest of the value area low should occur to confirm this area now acts as support. Finally, in this scenario, Bitcoin would run to equal highs and establish new all-time highs (ATH), signifying a strong upward movement. 💰
💣 Bearish Scenario:
In the bearish scenario, if Bitcoin fails to trade through the daily FVG & BPR and gets rejected at the value area low, it would indicate weakness. If this rejection occurs, the next move would likely be a decline to a new low, targeting the 50k level. This would suggest a significant downward trend and caution among traders.
We keep our position from 55236$ open 👍
👇👇
Bitcoin and altcoins overview(Jule 12-13)Yesterday, Bitcoin attempted to consolidate higher after the release of macroeconomic news at the opening of the American trading session, but faced seller resistance at the local high.
The expectations remain the same. We expect entry into the buyer's zone of $56,700-$54,000 (volume anomalies) and, if there is a buyer's reaction, the resumption of a full-fledged upward movement with a breakout of the global descending trend line.
The cancellation of the long scenario and a more prolonged correction will occur if it consolidates below the new local low of $53,500.
Sales zones: $59,900-$62,000 (volume zone), $64,400-$65,700 (volume zone), $68,900-$69,800 (volume anomalies), $70,800-$71,400 (accumulated volume).
Interesting altcoins.
For the IO coin, we broke an important trend line, looking at the continuation of the short with a potential down to $2 through a retest of the volume zone $2.56-$2.65 or according to your strategy by movement.
Bitcoin Monthly Candle Closes - First time THIS has happened.
Vertical linesa show Previous and Current JULY monthly Bitcoin Candles
Currently we have a RED July Candle and that follows on from a RED June Candle.
This has Never happened before now.
But what is VERY interesting is the repeating pattern from just last year, that may or may not play out.
In the Circle, we have a run of Green months, starting in Jan 2023 to April. From there, we had a Red Green Red Red months from May to August and from September, we Rose with consecutive Greens.
Could we be playing a Simialr pattern right now ?
We Rose Green for consequtive months and we have since then, done a Red Green Red and Currently on Red.
And with all expectations for August / September being a Time for PA to Turn around, this would repeat that pattern.
But we need to be Very Cautious,
Things are changing elsewhere. And with possible Rate Cuts in September, the Flow of money will change but we just cannot be certain to where....
But Bitcoin is Certainly in a Strong position, providing it doesn't get sabotaged........
BITCOIN ( UNDER UPWARD PRESSURE ) ( 4H )BITCOIN
HELLO TRADERS
Tendency after the price stabilizing support trendline , indicates the price is under bullish pressure
TURNING LEVEL : there is a orange line around 57,401, indicates if the price trade above this level reach a resistance level , but if the breaking turning level reach a support level
RESISTANCE LEVEL: there is a green line around 59,669 , indicates selling have already increase this level , when you reach this level buyer have more supply for bitcoin
SUPPORT LEVEL : there is a red line around 54,326 , indicates buying have already increase this level , when you reach this level selling have more demand for bitcoin
PRICE MOVEMNET : the price stabilizing above turning level around 57,401 , in my opinion until the price trade above turning level ,indicates buying have more supply for bitcoin, so reach a resistance level at 59,669, then breaking this level reach a next target at 63,083, if the price breaking turning level , indicates selling have more demand for bitcoin, so reach 54,326 ,stabilizing below this level reach a 51,902
TARGET LEVEL :
RESISTANCE LEVEL : 59,669 , 63,083
SUPPORT LEVEL : 54,326 , 51,902
$BTC may do something like this#bitcoin #btc is still moving in the ascending channel after recent dump. Ascending channels more often confirms the down trend continuation but rarely results trend reversal. I may expect movement like this while P.A. is still bearish.
Invalidation: If #btcusd breaks out channel permanently.
Not financial advice. DYOR.
Unbelievable Gold Trade Setup! Must-Watch Analysis & Secret RiskTechnical Analysis of Gold Spot (XAU/USD)
Chart Overview:
- Current Price: $2,364.525
- Time Frame: 1 hour
- Key Levels:
- Resistance Levels:
- TP 3: $2,391.040
- TP 2: $2,386.595
- TP 1: $2,379.694
- Support Levels:
- LQZ: $2,371.857
- LQZ: $2,356.635
- TP 1: $2,347.655
- TP 2: $2,339.090
Candlestick Patterns:
- Recent Uptrend: The chart shows a significant uptrend starting from July 2nd to July 4th.
- Price Consolidation: Following the uptrend, there was a period of consolidation with prices forming a triangle pattern.
- Downtrend and Recovery: A sharp downtrend occurred, followed by a recovery attempt which is now in another consolidation phase.
Key Observations:
1. Resistance at TP 1 ($2,379.694): The price faced resistance around the $2,379.694 level and has not been able to break through.
2. Support at LQZ ($2,356.635): This level has provided significant support and could be a potential entry point if the price tests this level again.
3. Current Position: The price is currently trading around $2,364.525, which is below the key resistance levels and above the support levels, indicating a range-bound movement.
Lecture on Using Proper Risk Management
Risk management is crucial for successful trading. Here are key principles to ensure proper risk management:
1. Determine Risk Tolerance: Understand your risk tolerance and set a percentage of your capital that you are willing to risk on each trade. Commonly, traders risk 1-2% of their capital per trade.
2. Set Stop Losses: Always use stop losses to limit potential losses. For the current XAU/USD scenario, a stop loss could be placed slightly below the LQZ support level at $2,356.635.
3. Position Sizing: Calculate your position size based on your risk tolerance and stop loss level. For instance, if you have $10,000 and are willing to risk 2% ($200), and your stop loss is $10 away from the entry price, your position size would be 20 units.
4. Risk-Reward Ratio: Aim for a favorable risk-reward ratio. A common target is a 1:3 ratio, meaning you aim to make three times the amount you risk.
5. Diversification: Avoid putting all your capital into a single trade or asset. Spread your investments across different assets to mitigate risk.
Conclusion
For an in-depth analysis, make sure to watch the rest of the stream where I cover:
- TSLA (Tesla)
- DXY (US Dollar Index)
- BTC (Bitcoin)
- US30 (Dow Jones Industrial Average)
#XAU/USD #GOLD #TSLA #MARKETLESSON
Bitcoin Price Nears 200-Day SMA: Bullish Signal on the Horizon?
Bitcoin (BTC), the world's leading cryptocurrency, has been on a rollercoaster ride in 2024. After a strong start to the year, prices dipped below the crucial 200-day Simple Moving Average (SMA) in early July, sparking concerns about a potential bear market. However, recent price movements suggest a potential bullish reversal, with Bitcoin again hovering close to the 200-day SMA.
The 200-Day SMA: A Key Indicator
The 200-day SMA is a technical analysis tool investors use to gauge the long-term trend of an asset's price. It's calculated by averaging the closing price of Bitcoin over the past 200 days. This metric helps smooth out short-term price fluctuations and provides a clearer picture of the overall market direction.
Historically, the 200-day SMA has played a pivotal role in identifying bull and bear markets for Bitcoin. When the price trades above the 200-day SMA, it's generally seen as a bullish signal, indicating an upward trend. Conversely, prices consistently falling below the SMA suggest a bearish market.
Bitcoin's Recent Price Movements
In early July, Bitcoin dipped below the 200-day SMA for the first time since August 2023. This triggered anxieties among some investors, questioning the sustainability of the current bull run. However, it's important to note that such temporary dips below the SMA have occurred during previous bull markets.
For instance, in 2016, Bitcoin fell below the 200-day SMA for three months before embarking on a significant upward trajectory that culminated in the 2017 bull run. Similarly, in 2023, Bitcoin dipped below the SMA in August but recovered shortly after, continuing its bull run through the end of the year.
Reclaiming the 200-Day SMA: A Potential Bullish Signal
The current situation presents a critical juncture for Bitcoin. It could be a significant bullish signal if the price can successfully reclaim the 200-day SMA and maintain a position above it. This would suggest a continuation of the current bull run and potentially pave the way for further price increases.
There's historical precedent for such a scenario. In early 2023, Bitcoin successfully reclaimed the 200-day SMA after a brief dip, marking the beginning of a strong bull run that lasted throughout most of the year.
Factors Supporting a Bullish Outlook
Several factors contribute to the potential for a bullish reversal. Firstly, Bitcoin's underlying fundamentals remain strong. The network continues to experience steady growth in hash rate, indicating strong miner participation and network security. Additionally, institutional adoption of Bitcoin is on the rise, with major investment firms and corporations increasingly recognizing its potential as a valuable asset class.
Secondly, the recent price dip could be attributed to short-term market corrections and profit-taking by some investors. These temporary fluctuations are natural occurrences within any bull market and shouldn't necessarily be interpreted as a sign of a long-term bearish trend.
Looking Ahead: Important Considerations
While the current price movements suggest a potential bullish outlook, it's crucial to maintain a cautious and realistic perspective. The cryptocurrency market remains highly volatile, and unforeseen events can trigger significant price swings.
Investors should closely monitor economic factors, regulations, and industry developments that could impact Bitcoin's price. Additionally, conducting thorough technical and fundamental analysis is essential before making any investment decisions.
Conclusion
Bitcoin's price hovering near the 200-day SMA presents a fascinating situation. While a successful reclaim of the SMA could signal an upcoming bullish phase, continued vigilance and comprehensive analysis are necessary. The cryptocurrency market is dynamic, and investors should be prepared for potential volatility. However, the underlying strength of Bitcoin's network and growing institutional adoption suggest that the long-term outlook remains promising.
BTCUSDT, Futures Trade Expection! Tue 09 Jul!I just saw the Bitcoin chart. I think that since it is in the discount area, it will be ready to rise to the prices of 60k and 62k respectively.
First of all, it will reach the 62% area and we can expect a great short trade.
Wis Low-Loss Trade!
Tue 09 Jul - 18:55
QCP Analysts Say There Are Rally Signals in Bitcoin LONGWhile investors are trying to cope with the downward trend that has been going on for more than a month, Bitcoin is trying to withstand the German government's sales.
At this point, while analysts generally predict that the bottom may have come in Bitcoin or may come as soon as possible, an assessment came from Singapore-based crypto company QCP Capital.
Analysts stated that the market initially faltered in the face of Mt.Gox and the German government's Bitcoin sales, but then quickly recovered, listing the bullish signals.
At this point, he showed spot Bitcoin ETF entries as the first signal.
Stating that institutional investors increased their dip purchases, QCP analysts said that this situation was supported by strong spot BTC ETF inflows.
Analysts, who showed the purchase of BTC from exchanges in response to the sales of the German government as the second bullish signal, stated that less Bitcoin entered the market.
Finally, analysts stated that Bitcoin and Ethereum made higher bottoms this week after the sharp declines last week, and that the bottoms were purchased aggressively, and that these purchases were a bullish signal.
#BTC/USDT Weekly Analysis, $44k or $58.5k, Fib Levels.#BTCUSDT Weekly Update:
BTC is trading just below the crucial level of $58.5k. Let's look at the current situation.
Current Situation:
- BTC is in a precarious position. The $51k level corresponds to the 0.382 Fibonacci retracement, which hasn't been tested yet.
- The 0.618 Fibonacci retracement, often referred to as the "golden pocket," is also yet to be tested.
- A close below the 0.382 level could drive BTC down to $44k or even $38k. This isn't fear-mongering, just a straightforward chart analysis using Fibonacci Retracements. Such a move would likely trigger a broader market downturn, with altcoins potentially experiencing 50% further discounts.
Possible Avoidance Scenarios:
1. BTC maintains the monthly support level of $56.5k.
2. BTC closes above the $58.5k level, rendering the current price action as a deviation (false breakdown).
For those considering entering altcoins, it might be wise to wait for clear confirmations on either side.
Let me know your thoughts in the comments section. Bookmark this chart for future updates, and hit the like button if you found this helpful!
Share with your friends.
Thank you
#PEACE
Phemex Anaylsis #4: BTC at a Tipping Point_Continuing Down or? Last week, Bitcoin experienced a significant downturn, breaking through its critical support level at $56,500 and dropping to a low of $53,300. Currently, the market is in a consolidation phase, trading within the range of $54,000 to $58,000.
Here’s a deeper analysis of the potential scenarios unfolding:
1. Potential Upside Scenario: If Bitcoin manages to climb higher and successfully breaks through the $58,000 resistance level, it will likely encounter substantial selling pressure as it approaches $63,000. This level has historically acted as a formidable barrier for further upward movement. Beyond $63,000, the resistance intensifies even more around $68,000.
Breaking through these resistance levels won’t be easy for BTC; typically, such attempts are met with retracements to alleviate selling pressure before potentially making another push towards higher levels. Traders should watch for signs of sustained buying volume and market strength to gauge the likelihood of a breakout.
2. Potential Downside Scenario: On the flip side, if Bitcoin fails to hold above the $54,000 support level and drops further, the next critical support zone to watch is around $51,000. Should Bitcoin approach and successfully hold above $51,000, it could potentially form a robust base at this level. Establishing a solid support base at $51,000 could set the stage for a consolidation phase or even mark the beginning of a new bullish trend.
Traders will closely monitor price action and market sentiment near this level to gauge whether Bitcoin can maintain its footing and potentially attract buying interest for a rebound.
In summary, the current market conditions for Bitcoin suggest a pivotal juncture with clear levels of support and resistance influencing price movements. Traders should remain vigilant for signals indicating whether Bitcoin will continue its consolidation, attempt a breakout above resistance levels, or potentially test lower support levels. Understanding these dynamics and staying informed about market developments will be crucial for making informed trading decisions in the days ahead.
Note: Be sure to checkout Phemex new feature - Multiple Watchlists on our website. And more exciting features are in development now.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
BTC Potential Path To $85,000We have been selling off for quite a bit which is expected after we touched 70k, lining up the trend with previous bull runs you can see that same exact pattern which consists of dipping until the sell is exhausted and the downtrend shifts to a massive pump. This is lining up perfectly with this years price action, there is a chance that August will be the start of the massive leg up which would lead to euphoria, we are quite literally about 22 days away or the downtrend shifts within a week to two and then we see a 3 month run up, this is all hypothetical, but it also makes sense with the election lining up, etf releases, the potential squeezes on GME and AMC, the universe is aligning once again, we’re almost there…. Or we go to 0, not financial advice #WAGMI