Btcusdshort
BTC : Spot the DIFFERENCE - Why THIS TIME is DIFFERENTYesterday, I made a very comprehensive update on why BTC likely has a hard drop coming - the only problem is it published the video on the BTC.D chart 🥴 So, you've likely missed it and I will repeat it here today because it's a VERY clear signal.
Altcoin dump happened BETWEEN the first turquoise and the purple vertical line, from halfway onwards:
Up until this point BTC did correct, but only around -27%. (BTC has currently corrected -33%)
The price THEN went on to drop another -20% before bottoming out at point 4 on the Elliot Wave Theory:
RECAP: What happened AFTER the 27% drop that led to another hard drop, ending at -50%? The BTC.D started INCREASING whilst BTC price DECREASED and TOTAL3 DECREASED .
Now look at the chart again, again at point 3 of Elliot Wave Theory (the second turquoise vertical line). In other words - we're still waiting to reach point 4.
The in-depth explanation here:
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CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL3 COINBASE:BTCUSD COINBASE:BTCUSDT
BTCUSD: BUY@62600-61800
The bullish momentum has been hindered, leading to continued consolidation at higher levels, with indicators showing weakness. A partial pullback is likely, with key support in the 62,800-62,100 range. If this support is breached and the bears are strong, the next strong support should be around 61,700, which would present a great buying opportunity.
The bullish target is at least in the 68,000-71,000 range, and if the uptrend is strong, the ultimate target of 78,000 is also achievable.
BTCUSDT:1 Hour AnalysisHello friends Bitcoin seems to have reached the weekly resistance area and we can expect a small correction to the indicated area and then climb up to the center of the weekly area, if confirmed we can open a sell position and then we can expect if Confirmation of an open buy position.
BTCUSDT:1 Hour AnalysisHello friends Bitcoin seems to have reached the weekly resistance area and we can expect a small correction to the indicated area and then climb up to the center of the weekly area, if confirmed we can open a sell position and then we can expect if Confirmation of an open buy position.
#BTC/USDT Bullish September+Q4 Ahead!Detailed technical analysis of the BTC/USDT pair on a daily timeframe. Here’s a breakdown of the key elements and potential trading ideas based on the chart:
### Key Observations:
1. **Descending Channel Formation**: The price action is moving within a descending channel, with clearly defined peaks (marked as 1, 2, 3, 4, 5, and a possible 6) and troughs. The price seems to respect this channel, bouncing off both the upper and lower trendlines.
2. **RSI Divergence**: The RSI (Relative Strength Index) at the bottom of the chart is showing a bullish divergence. While the price has made lower lows, the RSI is making higher lows, indicating a potential reversal or a weakening bearish momentum.
3. **Two Scenarios Outlined**:
- **Scenario 1**: A breakout above the upper trendline, leading to a potential rise towards the resistance zone around the $70,000 level. This is supported by the drawn path, suggesting a bullish move if the breakout is confirmed.
- **Scenario 2**: A pullback to the support area around $55,000 - $54,000, before a bounce that could either break the descending channel or test the upper boundary again.
4. **Volume Consideration**: The chart indicates a period covering 197 bars (days) with a total volume of 6.448M BTC traded. The consistent volume could signify accumulation or distribution phases, depending on the context of the breakout or breakdown.
### Trading Idea:
Given the current technical setup:
- **Bullish Scenario (Long Trade)**:
- **Entry**: Enter a long position on a confirmed breakout above the upper trendline, ideally above $62,000 with a daily close above this level.
- **Target**: Initial target could be around $68,000 to $70,000. Further targets can be set at key Fibonacci extensions or psychological levels such as $75,000.
- **Stop Loss**: Place a stop loss just below the breakout point, around $60,000 to $59,500, to protect against a false breakout.
- **Bearish Scenario (Short Trade)**:
- **Entry**: Enter a short position if the price fails to break out and instead pulls back towards the support zone around $55,000.
- **Target**: Target the lower end of the channel, potentially around $47,000 to $45,500.
- **Stop Loss**: Place a stop loss above the upper trendline, around $62,500, to protect against a sudden breakout.
- **Neutral (Wait and Watch)**:
- **Strategy**: If the price remains within the channel without any clear breakout or breakdown, it might be prudent to wait for a clearer signal. This could involve waiting for a decisive move outside of the channel or for confirmation via volume and RSI divergence resolution.
This analysis provides a balanced approach, allowing traders to react to the market based on the price action relative to the defined channel.
Ensure that positions are adjusted according to evolving market conditions and use proper risk management.
Not Financial Advice, Always do your own research.
Please hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
BTC/USD "BITCOIN" Bullish Robbery Plan To Steal MoneyHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist BTC/USD "BITCOIN" 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.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h 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.
Bitcoin's Extreme Futures: $15 or $ 50,000,000?!!Hello Traders,
I'm excited to share a unique analysis of Bitcoin, the leading force in the crypto market. This analysis delves into the long-term trends on a weekly chart, viewed on a logarithmic scale.
When I began studying the curvature of Bitcoin's price movement, I observed what appears to be a quarter-circle or elliptical pattern forming over the years. This curved channel, which I've approximated using the Fibonacci circles tool, suggests that we're nearing a critical turning point.
Why do I think this way? The key lies in the slope of the chords within this curve. As the slope decreases—from 66 degrees down to 34, 21, 12, and finally 2 degrees—it indicates that we are at the top or the peak of this quarter-circle. The 2-degree slope, which is minimal, suggests that we are at a crucial point where the curvature, spanning 15 years, might lead to a significant shift in Bitcoin's trajectory.
Given the significance of this curvature and the time it represents, we're faced with two possible scenarios:
Scenario 1 (Bearish): If we apply a mirror to the quarter-circle, Bitcoin could correct by 50% on a logarithmic scale, potentially plummeting to as low as $15. This drastic scenario might be triggered by extreme global events, such as a major energy crisis or even a world war.
Scenario 2 (Bullish): On the other hand, if we mirror and flip the quarter-circle to form a full wave, Bitcoin could soar to unprecedented heights, potentially reaching $50 million. Such a surge might be driven by a civil war in the United States, a global currency war, or other major upheavals in the financial system.
In conclusion, the current time and date are pivotal as they could significantly influence Bitcoin's future trajectory. This analysis is hypothetical and intended to stimulate discussion and exploration of possible outcomes based on the algorithmic scale. Whether Bitcoin is heading towards a substantial correction or an extraordinary rise, this phase could potentially redefine the limits of what we currently envision in the cryptocurrency world.
CRYPTO:BTCUSD
BTC/USD "Bitcoin" Bullish Robbery Plan To Steal MoneyMy Dear Robbers / Money Makers & Losers,
This is our master plan to Heist BTC/USD "Bitcoin" 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.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h 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.
BTC USD Bitcoin Price (BTC) Real-Time Live Price
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.
Confirm signal BTC USD
Bullish pullbacks losing strength - re-test of 54k or even 50kThe expected W-pattern has become invalid for the time being. We see the bullish pullbacks of the recent days are losing strength and today's candle has opened below the close of the prior candle.
The W-pattern lacked a RSI divergence which made it less likely to eventually occur.
The Fib shows possible re-test levels further down.
As the RSI is still above the 14 days SMA, the re-tests will probably come with strong RSI divergences which will deliver possible long entries.
If price should break below 50k, next support will be around 42k.
What to expect in coming days, is 52k legit?We all know BTC made a 30% dump and is still finding its way to go up. A weekly candle was gorgeous, but it doesn't mean we will see huge green candles right away. I am still in a short position and will consider closing my trade at those green-marked lines. To do that BINANCE:BTCUSDT must close a candle below 57.6k in the 4H timeframe. Remember, BTC can reach 49k which is the latest lowest point, and if BTC can close a candle below 49k in a weekly timeframe will create creating opportunity to go further down to 40k maybe even more. So as long as it is above 50k we have a chance to go up and look for entries.
BTC Long Position Setup / (Volume Projection)BINANCE:BTCUSDT
COINBASE:BTCUSD
Mid-risk status: 4x-5x Leverage
Low-risk status: 2x-3x Leverage
If BTC closes above the yellow area
Price can retest 61K, then 63K and then 65K.🔼📈
⚡️TP:
On the chart
➡️SL:
On the chart
🧐The Alternate scenario:
🔴If the price stabilize below the trigger zone, and stabilize above resistance line, the setup will be cancelled.
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
#BTC/USDT#BTC
Bitcoin
Bitcoin price is moving in a sideways channel on a 1-hour frame. It is expected that the price will touch the lower limit of the channel at $59,600 and bounce from it upwards to the upper limit of the channel at $61,800. Which is considered a pivot point, which pushes the price down as expected to $57,800, which is a strong support level.
We have a support area in green at $57,800 after the price touched it and bounced from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards,
canceling the pattern in the event that the pattern is broken upwards and a candle closes above the $62,000 area, which supports further upwards
BTCUSDT, Wed 07 Aug, Expecting Big Short after Long !The price of Bitcoin has entered premium from the discount area since Monday.
But it has not yet reached 62%.
It seems that today will form the maximum price of the week.(High of This Week)
By crossing yesterday's High and reaching a FVG or EQL,
And if it breaks the market structure with two or three bearish candles, it is expected that another profitable short position can be taken.
Bitcoin on 2h chart Hello, dear friends! Welcome to my page🫶
Today, let's take a look at the Bitcoin chart on the 2-hour timeframe. There is a fascinating pattern emerging that I'd like to discuss. 🧐
I've drawn long-term support and resistance lines that have been forming since February and March of this year. Today, Bitcoin is attempting to break through a descending trendline. For many, this might seem like a bullish signal, but let's not jump to conclusions just yet. On the 2-hour chart, we can see that the price continues to form a rising wedge, which is typically considered a bearish signal, often resulting in a downward breakout.
At this moment, I see the possibility of the price rising into the blue zone, followed by a sharp decline. To provide a clearer picture, I'll also include a more long-term chart so you can better understand my analysis.
What are Your thoughts? How are You feeling about the market? Where do You think the price will go next? Share Your insights in the comments, I'm looking forward to hearing from You.
Thanks for Your attention💋
Always Yours, Kateryna💙💛
BTC Breakdown After Failed 5th Attempt at New ATHWe've been watching the upper trendline for weeks and saying that since breakouts usually happen on the 3rd or 5th attempts...
That a failure (which we just had) to break above the upper trendline shown here or to ATH on this attempt, would likely lead to a deeper correction which we're starting to see.
Plus our custom indicators have all rolled over to Red. Currently it's looking like $62k is next support block of buyers.
Some are speculating that was the top, and whale sellers are front-running a recession.
But comparing this year's chart looks a lot like prior Bitcoin bull-runs, just before the parabolic rise happens. Specifically like 2016, when there was months of stagnation near the old high..
Just before the big explosion in price.
What do you think??