Btcusdlong
Bitcoin to extend gains today?Bitcoin - 24h expiry - We look to Buy a break of 31818 (stop at 31018)
Short term momentum is bullish.
There is no indication that the rally is coming to an end.
A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level.
A break of yesterdays high would confirm bullish momentum.
We look for gains to be extended today.
Our profit targets will be 33818 and 34318
Resistance: 31775 / 32500 / 33500
Support: 31042 / 30800 / 30300
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BTC area's I'm looking at for a bounce higherWith the sell off we have seen after last week, everyone is trying to pick a bounce from here.
In this diagram I've provided a schematic of areas to watch.
No one knows how far we will go.
Ideally for a shallow pull back, the Inside Range target is where we might see some higher highs and higher lows form.
This would start to form our reversal area.
However, there might be other ideas from the market, and we might to see more stops run before we can go higher.
This would be the two liquidity targets outlined, and then also the outside range target.
The outside range is the gap between the current range lows and the previous structure high.
Time will tell! Best thing you can do now is just watch and likely do nothing.
BTC - DONT ARGUE📛 It's BULL SEASONHi Traders, Investors and Speculators of Charts 📈📉
After a sudden breakthrough of the resistance zone at FWB:29K , BTC is looking ready for more upwards price action.
The technical indicators in the daily timeframe are screaming bullish as we're about to witness the bullish cross that happens just before periods of parabolic upwards price action.
IF the weekly candle can CLOSE above the resistance zone as pointed out, it will form three white soldiers - a bullish candlestick pattern.
The next major stop based on supply zones and Fibonacci Retracement is FWB:42K (macro outlook).
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Bitcoin - Looking To Buy Pullbacks In The Short TermD1 - Price respected a strong support zone and bounced higher.
Bullish Convergence.
Most recent downtrend line breakout.
H4 - Strong bullish momentum.
Currently it looks like a correction is happening.
Until the two strong support zones hold my short term view remains bullish here.
BSWUSDT 🚀🚀
#BSWUSDT as you can see at the chart in daily chart time-frame we are in over sold area MACD is showing bullish RSI showing bullish EMAs is neutral ZELMA is showing uptrend-move Fib retracement is showing bullish Accumulation distribution is bullish i expect the price will fly to the target at the chart buy and hold it to the next targets at the chart
btc in the bullish chanellhi friends this is my idea about bitcoin chart in daily timeframe ..
if u agree with my idea plz like this post. thanks
BTC Swing Long After 85% Bear MarketBTC Bear Markets typically will take us down -85% before the start of the next cycle. We aren't quite there yet, but we would be if we reached the macro GP pulled from the previous bear market low to our current ATH. It also coincides with the last down candle/order block that broke bearish structure and caused the last macro impulsive move/bull run. This idea has us dropping into the depths for a real capitulation, shaking out all of the weak hands and making everyone lose hope before finally putting in a bottom right before the BTC halving. We should see a real bottom in December of 2023 if this is the case.
Bitcoin on the rise. Where to sell?Hi everyone.
Last 3 weeks we've seen incredible strength from bulls. There are no doubts that bulls are in control. There were not any signeficent pullbacks during this pump. Many traders stayed on the sideline waiting for 10k.
However, it looks like everyone already forgot that BTC printed for the first time ever a Yearly bearish engulfing candle.
On crypto twitter you can see many analysts saying that Bitcoin has started a new Bull Market and it will go over 100k .
We believe that in the next few days Bitcoin will not give a chance to jump on the train for those that didn't buy at lower prices, but as we had a Yearly Bearish engulfing candle for the first time ever, it's doubtful that it will be left without any impact on the market.
It's probable that reaching new ATH will take way longer than everyone thinks.
There's a strong resistance around 28600$ - 30000$.
Moreover, the SuperGuppy indicator most likely will curve to the upside in the next few weeks and the upper lines of the SuperGuppy will be around 29k-30k which corrresponds with the price resistance therefore this is where we see a potential exit point for bulls and entry for bears.
What do you think? Do you agree? Feel free to share your opinion in the comment section.
Retesting Major Support, Potential Upswing to 40KBitcoin (BTC) seems to be presenting an interesting scenario. It's hovering near a key support zone and could provide a lucrative trading opportunity if certain conditions play out. However, this idea requires thorough analysis and is not to be taken as financial advice. Remember, every investment carries inherent risks.
Idea:
Bitcoin is currently trying to touch the significant support area between 25200 - 24400. This area is not only a substantial horizontal support level but also coincides with the dip of the upward trend that began from the 16K level. This combination of horizontal support and trendline support adds a layer of confluence to this zone and makes it a crucial area to watch.
Should Bitcoin hold this support zone, we can expect the bullish momentum to pick up. It is likely that BTC could then begin a new upward move, potentially targeting the 35K - 40K area. This would represent a significant price increase and would restore much of the value lost during the recent correction.
However, a break below the support area could invalidate this scenario, which is why it's essential to have a risk management strategy in place.
Traders should keep a close eye on how BTC interacts with this support zone. A strong bounce could serve as a potential entry signal for a long position, while a break below could suggest further downside.
This post is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments carry significant risk and may result in a loss of your capital.