$BTC is poised to reach $115,000 in the next 9 months! Read WHY!You're aiming for $200k and beyond, but let’s keep it simple and realistic. If BTC hits $115k, altcoins could surge by 20x or even 50x! You just need to play it smart.
Now, let’s break down this simple chart!
Liquidity acts like a magnet! When a big green candle prints, it’s likely that, after a few more candles, the price will move to capture the liquidity from that same candle. Bitcoin has been following this pattern for the past 7 months, inching forward slowly, bit by bit. This is exactly how the whales are accumulating!
The August monthly candle closed at $58,963, and the current candle is set to close in about 4 hours, likely above the August close, forming a beautiful hammer pattern. This is a strong bullish signal!
When you’re unsure about what’s coming or just making wild guesses, remember—this is simply TA based on Price Action. No fancy indicators, just the facts.
Speaking of indicators, the RSI is currently around 63.13, and in every bull run, it eventually climbs up to 92, entering the overbought zone.
So stay strong and stop crying over 10-20% dips in altcoins.
If you can’t handle these corrections, you don’t deserve the 10x gains either.
Keeping it simple, the next 6 months are going to be amazing. Now is the time to position yourself in solid Altcoins and BTC.
After every halving, there's typically a 5 to 6-month consolidation phase, which you can clearly observe on the charts. We’re following the same pattern right now! Things are heating up, but you might not notice if you're only focused on 15-minute candles. Zoom out, and everything will become much clearer for you to understand.
I hope you get some light from my charts, If you do please hit that like button and share this chart with your crypto friends.
Thank you
#PEACE
Btcusdtanalysis
Bitcoin's Healthy Uptrend Faces Critical Test—Is It Time to Sell
Bitcoin's recent rally has followed a well-defined and healthy uptrend, with the trendline offering strong support. This suggests a sustainable bullish momentum. However, for this healthy trend to continue, Bitcoin will soon need to retest its trendline support.
Should the test confirm strength in the trendline, the next significant resistance level is projected to be near 68K. On the other hand, if the trendline is breached, we can expect a short-term downside move towards the 60K-59K range, which marks the previous high during the first trendline test, and it should be treated as a potential support zone.
Given this outlook, the prudent trading approach for Bitcoin at this stage is to adopt a sell strategy, anticipating a short-term correction.
how to prepare for the trade. Professional traininghow to prepare for the trade. Professional training
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Bitcoin's local perspective 16.09.24The current local trend, which started last week, is described by the EXP ascending pattern (orange) and as long as its trend is not broken, there are all chances to continue moving towards $61,700 and $64,186.
At the same time, now we see the forming EXP pattern (turquoise), which is a corrective pattern to the previous one.
If the price goes under the zone formed by the fourth points of the models - the zone around $58,100, we may see a decline under the level of $55,494, where we will try to catch a long on #BTC on the rebound.
If the price is able to consolidate under the $55,494 level, the next target will be the levels of $53,472, $51,268 and $49,155.
BTCUSD Analysis elliot sell. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Bitcoin Analysis==>>Bearish Harmonic Patterns==>>Crab & SharkBitcoin moved as I expected in yesterday's post .
Bitcoin is currently moving in the Resistance zone($60,080-$59,400) , near the Resistance lines and the 50_SMA(Daily) .
It also seems that Bitcoin can potentially form the Bearish Crab Harmonic Pattern and Bearish Shark Harmonic Pattern .
After breaking the small Support zone , I expect Bitcoin to attack the Support zone($58,000-$56,600) again.
Note: We can expect more pumps if Bitcoin breaks the Resistance line (over $61,000).
Bitcoin Analyze (BTCUSDT), 15-minute frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
btcusdt signal sell. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Possible Scenario for #BTC in the Coming Days! - 9/15/2024
Possible Scenario for #BTC in the Coming Days:
We are currently observing the conclusion of wave c of B, which is anticipated to reach $54,3xx level before any potential upward movement. Wave c has formed a Neutral Triangle pattern, and the final leg has just begun
#BTCUSD CRYPTOCAP:BTC
BTCUSD - BULLISH.Bitcoin looks interesting (well at least to me). It seems that it is ready to go in a bullish run. Waiting for opportunity to go bullish once price pullback to the 58,800 area. Immediate target is around 61,200 area and larger target is around 65,000.
Like and follow if you agree with this idea. Happy profit day!
#BTC/USDT Weekly Update! $58k first!#BTC Weekly:
Closed red at $54,881. Holding the GETTEX:54K support is a positive sign in the short term. However, the price action seems incomplete, with substantial liquidity sitting around the GETTEX:48K and $43K levels (as mentioned in my previous article on BTC).
The key focus right now is maintaining the GETTEX:54K level.
If we lose this level on the daily chart with a confirmation candle, expect lower levels to be swept soon.
That said, as long as we hold the current level, we could see a retest of $58K to capture liquidity.
BTC Daily:-
The daily chart looks promising, as the price has bounced off the support, with a confirmation candle printing today.
Stay tuned, and I’ll keep this chart updated.
Hit that like button and share if you like it.
Thank you
#PEACE
BTCUSDT The important support level at $53,600 should be kept for now.
If the price reclaims $55,500 and consolidates, this will open the gates for $60,000
If Bitcoin loses the $53,600 support and the price consolidates here,. $52,000 - $50,000 is just a matter of time.
At worst, Bitcoin will retest $48,000 - $46,000
Long Setup on Bitcoin / Bulls or Bears, Tell me in CommentsBINANCE:BTCUSDT
COINBASE:BTCUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
59600
60330
61150
61800
62600
🔴SL:
55925
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Bitcoin is at support, set for a short-term ascent!As Bitcoin travels through the descending parallel channel, it looks like it has finally secured support near 56k, a level it has relied on multiple times in the past.
We foresee a bullish movement from this point in the short term.
1st target - 65k
2nd target - 70k.
Bitcoin Analysis==>> Pumping Again==>>Short termBitcoin moved towards the Support zone($58,520-$57,100) as I expected .
Bitcoin is moving in the Support zone($58,520-$57,100) .
According to Elliott's wave theory , Bitcoin seems to have completed another Zigzag corrective wave .
I expect Bitcoin to start rising again from the Fibonacci levels to my targets .
Note: If Bitcoin loses the Support zone($58,520-$57,100), we should expect Bitcoin to fall to $55,000(at least).
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.