BTCUSDT 4H - TRIANGLE in the MIDDLE ZONEBTCUSDT 4H - TRIANGLE in the MIDDLE ZONE
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BTCUSDT 4H - TRIANGLE in the MIDDLE ZONE
The price of BTC is COMPRESSING in a TRIANGULAR ZONE with support at 60k. If it breaks upwards, it could reach 68k. If it breaks downwards, it could look for the base of the flag at 52k again. Whatever it does, it will surely be explosive without much reaction time for retail investors.
LEVELS:
SL: 60000
Dynamic Support: 57000
Flag Support: 52000
TP: 68000
BUY ZONE: above 70000 after price consolidation.
The path both up and down is going to be complicated in this game zone. There are multiple readings where the price could reverse and leave us out of the game both up and down.
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Crypto Trading Automated Bots:
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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. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
BTCUSDC
Bitcoin 70,000! Can Milton Stand in the Way?Bitcoin: 70,000 or 40,000?
Bitcoin is at a critical juncture, with the price poised to either break through to new highs at 70,000 or drop to as low as 40,000. Bulls are eyeing a breakout above key resistance levels, which could lead to a sharp move upward. However, bearish forces, including macroeconomic factors and potential market sell-offs, may push the price down toward critical support. The next move will likely be driven by major events, market sentiment, and global factors. Will Bitcoin soar or correct sharply? Stay tuned for the next big move!
BTC - Daily Repitetive PatternsNo words!
You tell me what happens next?
The BTC price recently fell from the top of the channel, and after breaking the support trend line, it made a pullback to retest the broken trend line. This pullback indicates a potential continuation of the bearish movement. Based on the pattern, it looks like Bitcoin could be setting up for another drop.
BTCUSDT 1H - This impulse could break the flag structure to the BTCUSDT 1H - This impulse could break the flag structure to the upside.
That's all there is to it. BTCUSDT has stopped falling at around 60K and is gaining a strong momentum that could finally lead it to break the resistances above it. As always, we must pay attention to the dynamic SLs for our decision making. Those of you who are already on the ship can prepare to go to the moon.
Don't forget to fasten your seatbelts and keep an eye on the dynamic SLs in case the ship turns over :)
This weekend we had a bearish EMA 50 - 100 crossing up to 60000 and now we have a BULLISH EMA 50 - 100 crossing that counteracts all the strength of the previous impulse in a support zone.
Below 60000, we would be out until it takes that level again.
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 downwards or upwards, for the orders to be executed in one direction or the other, taking the necessary deposits from your wallet.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design 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, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
BTCUSDT 1H - SL and TP LEVELSBTCUSDT 1H - SL and TP LEVELS
SL: 62000
Resistance: 66500
Resistance 1: 68000
Resistance 2: 70000
There are 2 important things to keep in mind when we want to enter a value:
1. The areas of interest, that is, the prices that may be interesting for us to BUY and SELL. This is the basis for building any strategy.
2. The moment when these levels are reached and their subsequent behavior. If our strategy is correct, we will be in tune with the evolution of the price and we will be able to make profits. If, on the contrary, the price evolves unfavorably, we will have to have an SL that covers large losses.
The first point is relatively easy. We see how the price is behaving and we see where it is headed and what could happen if it touches support and/or resistance levels.
The second point is quite a bit more complicated because it refers to the moment in which things happen and the execution of orders necessary for our strategy to develop as we have designed it.
At this time you have 2 options:
1. Use the tools offered by the CEX that allow you to set fixed BUY or SELL prices.
2. Stay glued to the screen of your computer or device 24/7 waiting for the MOMENTUM to happen.
With Tradex Bot, things will happen when they have to happen and not necessarily at a pre-established price. Everything depends on the conditions that you have established for the orders to be executed.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design 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 indications. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
#BTC/USDT Weekend Update!#BTCUSDT: Not much is happening—just sideways price action on low volume due to the weekend. Expecting more volatility on Monday after the weekly close.
For now, OB remains untested so be ready if that gets tested, possibly $63k-$64.3k.
It will give us some good entries for scalp and swing in altcoins.
With both the monthly and weekly closes approaching, these will be crucial. We’ll need a few confirmations for the anticipated "UPtober." I’ll be sharing more details on Monday.
Alts?
Alts might be choppy for now, but I expect strong rallies next month.
Remember, dips are for buying!
Have a great weekend folks!
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
#BTC All big time frames & all indicators leads to 40K & 30K
#BTC
**** All Big time frames & all indicators leads to 40K then 30K and may be less.
**** #BTC plan here is for bigger time frames only and this plan may be take very long weeks.
*** Check the daily trend in my account @Crypto_alphabit
******************************** This is my expectation for next weeks **************************
****************( MAY BE I AM COMLETELY WRONG, PLEASE DO YOUR OWN PLANS ) *****************
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BINANCE:BTCUSDT
BINANCE:BTCUSDT
"RAREUSDT: Has the Bottom Been Reached? Preparing for a PotentiaAfter experiencing a massive 360% drop, RAREUSDT has nearly erased all of its previous gains, eventually hitting an interim low around the 0.12 mark. However, there are now signs of potential recovery on the technical front.
At present, the price has stopped hitting fresh lows and is stabilizing in a consolidation phase with reduced volatility. The market is drawing attention to the 0.136 resistance level, where several false breakouts have occurred. Despite these, there has been no significant downturn, with the price instead retesting the key resistance area repeatedly. This pattern increases the likelihood of a breakout and a potential rally towards the 0.158 - 0.17 range.
Key levels to watch include resistance at 0.136 and support at 0.1254, aligned with the 50-period moving average on the H4 chart. The price is firmly holding above the MA-50, and if it consolidates further in this zone, it could trigger a bullish scenario. Breakout confirmation would pave the way for upward targets, as outlined on the chart.
Traders, if you found this idea helpful or have your own insights to share, feel free to drop a comment. I’d love to hear your thoughts!
Bitcoin (BTC) Technical Analysis and Trade Idea👀 👉 Bitcoin has been range-bound for a while, recently reaching a key resistance level. The bullish momentum appears to be weakening. In this video, we dive into the trend, price action, and market structure, exploring various possibilities for a potential trade setup.
Disclaimer: The information provided in this video is for educational and informational purposes only and should not be considered financial advice. 📊✅
#BTC/USDT#BTC
The price has broken the descending channel on the 12-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 53000
Entry price 62000
First target 65240
Second target 69200
Third target 73600
Bitcoin (BTC/USDT) on daily chart - technical analysis+price preTechnical analysis Bitcoin (BTC/USDT) on daily chart by Blaž Fabjan
Price Range: The chart shows a long-term descending channel with resistance at the upper trendline and support at the lower trendline. The price is oscillating between these two levels.
Current Price: $63,532.74 as of the timestamp on the chart.
Support and Resistance:
Resistance is marked around $68,000 to $70,000.
Support is marked around $55,000.
Indicators Used:
RSI (Relative Strength Index): The RSI is currently around 63.05, showing slight bullish momentum but nearing overbought conditions.
Stochastic Oscillator: It shows an overbought condition with values above 80, indicating the potential for a pullback.
VMC Cipher_B_Divergences: This is a volume momentum indicator, showing possible divergence signals, with some indications of bullish divergence.
Patterns and Predictions
Channel Pattern: The price has been respecting the descending channel with a number of touches on both resistance and support lines. Currently, the price is near the midline of this channel.
Potential Move:
In the short term, the price could follow the channel’s structure and retest the support around $60,000 or even $55,000.
After touching support, a potential bounce is expected, which could lead the price to test the upper resistance of the channel at $68,000–$70,000.
Trading Plan
Short-term Bearish Scenario:
Entry: Consider entering short positions if the price fails to break the mid-channel line (around $64,000) and shows signs of reversal, with targets around the $55,000 support.
Stop-loss: Set a stop-loss just above the resistance line at $68,000.
Take-profit: Look to take profits around $60,000–$55,000, depending on risk appetite.
Long-term Bullish Scenario:
Entry: If the price successfully tests support ($55,000) and shows bullish reversal signals, consider entering long positions.
Stop-loss: Place a stop-loss slightly below the support zone ($52,000).
Take-profit: Initial target could be the upper boundary of the channel at $68,000, with an extended target beyond $75,000 if the price breaks out from the descending channel.
Breakout Scenario:
A breakout above the $70,000 resistance with strong volume could indicate the start of a bullish trend reversal.
Entry: Consider entering a long trade on the breakout above $70,000.
Take-profit: Target $75,000 to $80,000.
Risk Management:
Given the overbought conditions on the stochastic indicator, caution should be taken with long positions unless a strong confirmation of support bounce occurs.
Monitor volume and divergence signals from the VMC Cipher_B_Divergences indicator for additional confirmation.
This analysis assumes a near-term continuation of the channel pattern, with a possible bullish breakout in the longer term if price action shows strength at key levels.
Bitcoin BTC price trading plan to the end of 2024Last week was full of macroeconomic events, we write about it at previous idea
The cryptocurrency market took them positively and grew on rumors.
There is a legendary quote: “Buy on rumors, sell on facts.”
Therefore, we do not rule out that this week OKX:BTCUSDT and the crypto market in general may plunge into correction.
Still, we need BTC.D - 57.7% and USDT.D - 5.50% to fall significantly lower for the market to really “come to life”
Fear and Greed Index (neutral) - 50
As long as CRYPTOCAP:BTC price is above $57,000 , it is globally in an upward trend and at the same time in a protracted consolidation since May 2024.
Perhaps a confident exit from this consolidation will take place in November, after the US elections on 05.11 and the next Fed rate cut on 07.11
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BTC in trend📊Analysis by AhmadArz:
🔍Entry: 62.200
🛑Stop Loss: 61.658
🎯Take Profit: 62.654 - 63.170 - 63.840
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#BTC/USDT
#BTC
The price broke the descending channel on the 4-hour frame upwards but the broken channel is expected to be retested
Also, the 100 moving average is broken again
We have an uptrend on the RSI that is expected to be broken
We have a support area at the lower limit of the channel at 57700
Entry price 59700
Target 57980
Bitcoin BTC price is preparing for a “crazy” SeptemberIf we compare the stock market drops at August 05 and September 03, we can say that the crypto market is still holding up very well.
But we shouldn't relax, because there are a lot of events coming up in September that will set the tone for the Autumn:
1️⃣ September 6 - data from the labor market. July 5 and August 5 were extremely volatile downward after the data release. Now the market interprets and considers the most important indicator of the health of the US economy to be not inflation but the number of jobs created. Based on this data, on August 5, the market plunged into a not so pleasant weekend when CRYPTOCAP:BTC went below $50K.
2️⃣11 September - publication of the CPI and inflation data in the United States.
3️⃣18 September - the results of the two-day Fed meeting, the announcement of a rate cut. It's elegant that this day is also a full moon, conspiracy theorists are on the base)
4️⃣20 September - a hat trick - a day when stock options, stock index futures, and stock index options expire on the same day. This happens only four times a year - on the third Friday of March, June, September, and December, which can lead to a sharp increase in trading volume and volatility.
🍿 Preparing popcorn and soothing valerian)
And if you look closely, you can see how beautifully OKX:BTCUSDT price moves through white dynamic fibo channels, from border to border.
So use this information to your advantage, with profit!)
BTCUSD H4 Analysis: rate cuts decision today big move expectedMy dear friend and fellow trader, I am writing to you today with great joy and pleasure.
BTCUSD H4 Analysis:
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
BTC buy📊Analysis by AhmadArz:
🔍Entry: 57,157
🛑Stop Loss: 57,288
🎯Take Profit: 59,524 - 61,206
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#BTC/USDT#BTC
The price broke the descending channel on the 4-hour frame upwards, but it is expected to retest the broken channel
As well as retest the 100 moving average again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 53400
Entry price 60200
First target 58900
Second target 57170