Btcusdshort
Another Outstanding Performanc | sentiment Indicator (PAID)Trend Identification: The indicator accurately marks bullish (green) and bearish (red) trends, providing clear zones for potential entries and exits.
Signal Clarity: Buy and sell signals are strategically placed and align well with the directional momentum, capturing significant price movements, especially during the sharp downturns highlighted by the arrows.
It was able provide two 3000+ points signal which is amazing.
Choppy Market Management: The indicator also handles choppy or sideways markets reasonably well by displaying a mix of green and red areas, signaling caution during indecisive price action.
Dynamic Zones: The green and red sentiment zones are dynamically plotted, offering traders visual guidance on market trends and sentiment shifts.
The indicator is reliable for short- to medium-term trading
Tue 26th Nov 2024 BTC/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a BTC/USD Sell. Enjoy the day all. Cheers. Jim
BTCUSD signalsInterested in weekly BTC/USD forecast? Our experts make weekly updates forecasting the next possible moves of the bitcoin-dollar pair. Here you can find the most recent forecast by our market experts:Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
BTC SHORT TP:76000 1D 19-11-2024Bitcoin is currently experiencing strong upward momentum, which suggests a potential significant pullback to the 75-76 range. The timeframe for this setup to materialize is expected to be within 8 to 16 days. Please remember that the stop loss and entry points are merely suggestions. Stay informed and trade wisely! #Bitcoin #Trading
BTCUSD swing trade ideaThe overall prediction that Bitcoin is set to reach 100k, could be possible very soon. But currently we look for a retracement move, before making another impulse higher. We look for short entries between 93k-90k and target the Weekly fib and quarterly VWAP levels, where we start looking for buys up to 100k.
This analysis is taught and provided by Fractals Trading Community.
As always, trade safely and expect the unexpected,
Mei
BTCUSD SELL NOWBitcoin prices have continued their impressive run today breaching the 90000 mark for the first time. The world’s largest cryptocurrency is now up around 30% since election day and a 121% YTD as the new generations ‘digital gold’ continues its ascent.
The greed around crypto markets is evident at present, can you blame the hodlers? There does seem to be somewhat of a generational shift when it comes to investment flows and this has been reflected in recent data. BlackRocks Bitcoin ETF has now surpassed the holdings of its Gold ETF (NYSE:GLD) and this switch could in part explain the struggles of the precious metal as the new digital Gold grows in popularity. It would be unwise to dismiss this as we have seen in 2024 that the world’s largest cryptocurrency appears to be less volatile than in the past. The reason for this has been touted as institutional adoption which could be part of it.
BTCUSD sell 89400
TP 1 89300
TP 2 89200
TP 3 89100
TP 4 87400
SL @ 91400
NO FINANCIAL ADVICE
#BTC/USD NEXT TARGET $135K but $69k Imminent!When Bitcoin broke below $60,854, everyone started calling for $48,000. At that time, I posted an update titled "Bitcoin is Fine, Don’t Panic!" on October 3rd, explaining that the drop was just filling the Fair Value Gap (FVG) and Bitcoin was heading toward $95,000. You can check the update here:
Again, on November 6th, when Bitcoin was trading at $70,504.60, I predicted a target of $95,000 after the U.S. elections. I even mentioned that the move would be quick, assuming Trump won the election. While I got trolled for this prediction, the update was based on a thorough analysis of market reactions during the last three U.S. elections. You can check that update here:
I honestly don’t understand what’s wrong with some people. The more they troll, the more conviction I gain in my charts. These aren’t random guesses—they are calculated speculations based on charts, events, market psychology, and fractals. Ironically, many of those who mocked me in the comments ended up buying Bitcoin at much higher prices.
This is not how crypto works. You need to keep things simple. That’s the biggest lesson I’ve learned in my 8-year journey in this space.
To keep it simple, Bitcoin’s current setup is not bearish. While some are calling for corrections, the technical indicators suggest otherwise.
1. Stochastic RSI:
The Stochastic RSI, a reliable indicator for timing local tops and bottoms with around 80% accuracy, is currently at 73. Historically, Bitcoin's local tops occur when the Stochastic RSI reaches 87 to 93. This indicates there is still room for upside before the market becomes overbought.
2. 21-Week Moving Average (MA):
Bitcoin is currently trading above the 21-week MA, which has historically acted as strong support in previous bull markets. This further supports the bullish trend.
3. Price Action:
Bitcoin will likely target $100,000 soon, potentially moving slightly higher. After this milestone, it may revisit $69,000, the previous all-time high, as a retest before moving toward $135,000.
Conclusion:
Combining a non-overbought Stochastic RSI and support from the 21-week MA suggests Bitcoin still has significant upside potential. During any pullbacks, keep an eye on $69,000 as key support and possibly the last opportunity to buy BTC and Alcoins.
Let me know what you think in the comment section and please hit that like button.
Thank you.
BTCUSD: Looking for Shorting OpportunitiesBTCUSD has recently experienced a significant rise. Just like gold, after a large increase, a correction is inevitable. Today, I captured some profits from the pullback. Going forward, during the market fluctuations, pay attention to the previous highs or the resistance zone after breaking the highs. If your account allows, you can consider shorting, but be sure to manage the risk carefully.
The Daily Chart - Bitcoin - Definite pullback occurring now
BTCUSD is conducting a retrace, at most back to 70,000, the big white inefficient candle needs to be revisited and given some 'love', I note that the daily RSI and MACD are showing bearish momentum for the next little while.
Anyway, who would be game to Short Crypto at the moment. Now is a chance on some of them, which are pulling back with Bitcoin, but this is temporary overbought stuff.
BTC PullBack BTC appears to have reached a top and may have complete all 5 waves up since it launched.
At the very least this wave up has completed and there will be a pull back to at least the 61k area. Although there are signs on longer term charts that this could eventual go all the way down to the 18K area.
$BITCOIN Analysis: The market retreats, Ignoring the good news?My answer to the topic is that MARKETSCOM:BITCOIN might have a short-term pullback from technical analysis.
BITSTAMP:BTCUSD soared 9% yesterday since Trump won the presidential election. And then, it be rejected by the resistance level of the bullish channel upper edge.
Therefore, the price might continue to go up after a short-term pullback. And the support level for this pullback could be previous high area.
The bitcoin will continue to decreaseIn my opinion the begun decrease from level 73.893 is not ended. Technical indicators remain in a red zone. I expect price movement continuation down at least up to 0.5 according to Fibonacci, my purpose 46.107.
Information provided is only educational and should not be used to take action in the market.