BTCUSDT fell to support and the price may aim for 4h resistancePrice pushed above the 4h resistance 1 zone several times but could not hold there and always got pushed back. The last push to the upside was strong but met with the same fate as other attempts. The price is bouncing again from 4h support 1 zone. It shall again hit the 4h resistance 1 zone.
Btcusdtidea
BTCUSDT to break 4h resisatance and move higherPrice was consolidating under 4h resistance 1 zone and finally broke out of that to the upside. I believe this 4h resistance 2 zone is not going to bother the price much this time and the price, with just a bit of hesitation, will break it to the upside.
BTCUSDT likely to hit previous 4h support zoneBTCUSDT clearly got rejected from the 4h resistance 2 zone marked on the chart. Currently it is struggling to hold the 4h resistance 1 zone from where it broke out and attempted to break next resistance zone. The price will momentarily bounce here as current zone marked as 4h resistance 1 zone will act as a support.However, a next hit to this zone will let the price flow towards the next 4h support area.
BTCUSDT right on its way to monthly resistance of 35k-37k zoneLet again have a look at the monthly view. We are on the right path on the monthly resistance around 35k-37k zone. This was also mentioned in one of the posts on 29th January.
There will be some pullbacks in between but I think the probability favors that the price hits the monthly resistance.
BTCUSDT heading for next weekly resistance at 29700Weekly candle looking very strong and good. Next weekly resistance sits around 29700. Looks like price is headed first for that weekly resistance. As mentioned in one of the previous posts on jan 29th, the significant target is monthly resistance at 35k-37k range. But let us focus on the weekly first.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea, we got correction like i expecting.
I think that we should get one more decline in zone 20500-19500 before continuation of growth.
Target zone: 27-31k
Stop: under 17k
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Bitcoin BTC Next Expected move on 4H CHARTHello guyz!!
Bitcoin currently trading now at 22889$.
from last 5 days bitcoin trading.... in a down trend.
bitcoin bounce back expected from 224000$ ( if you want open trade in long at this price)
if bitcoin brok 22400$ support then possible we see bitcoin price at 21100$ ( soo manage trade in proper way)
CURRENTLY.... rsi indicator is bearish on 4H time fram chart.
and macd indicator bearish toon on 4H tf.
do trade at your own risk.
follow me for mor more updates.
BTCUSDT probably heading for the support at 23300Price still trading inside weekly resistance zone. Currently it is inside smaller timeframe range and under 4h resistance at 23460. Price will likely touch again the range high of previous 4h range (also the range low of current small 1h range) at 23300.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Almost nothing has changed from my last idea,
I still waiting for correction, but we have high probability that after last upward movement with target zone ~25k,
then i expect that correction will start with target zone 20500-19500.
Good luck everyone!
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BTCUSDT Idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
I expect that correction will start very soon.
Minimal target 20k, main target zone 19500-18500
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BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
I expect some consolidation during +-week in zone 19500-21500 then last upward movement in ~23k zone and starting of correction.
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BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Right now we have 2 possible options:
Yellow: if the price manages to consolidate above ~17500 and starts consolidating there, then there is a chance that the market bottom has been found and we can see movement to the 18500-19k zone.
Orange: if we get an impulsive strong downward movement - then the target zone will be the same + -15k (Confirmation - fixing under 16800)
P.s i tend more for yellow option.
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BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Almost all targets from my last local setup was reached.
Right now we have 2 possible options:
Yellow: if the price manages to consolidate above 17600 and starts consolidating there, then there is a chance that the market bottom has been found and we can see movement to the ~18500 zone.
Orange: if we get an impulsive strong downward movement - then the target zone will be the same + -15k (Confirmation - fixing under 16500)
Good luck everyone!
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BTCUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart. (update)
My previous analysis also relevant but bitcoin going by orange marker, wanna try to trade local long. In any case we have very short stop-loss.
Entry: market and lower
Target: 17100 - 17300 - 17450
after first target reached move ur stop in breakeven
Stop: ~16350 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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BTCUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart.
Im waiting for decline from current price or through one more upward movement in 17300 zone.
Entry: market and higher
Target: 15900 - 15400 - ~14800
after first target reached move ur stop in breakeven
Stop: ~18200 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 2
risk is justified
Good luck everyone!
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BTCUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart. (update)
Everything according plan we're got decline in our buy zone,wanna try local long. In any case we have short stop-loss.
Entry: market and lower
Target: 17k - 17150 and maybe even ~17300
after first target reached move ur stop in breakeven
Stop: ~16300 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to ~2.5
risk is justified
Good luck everyone!
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It's not financial advice.
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BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
We took all the targets in the previous idea, thus completing the formation of wave iv in the ending diagonal.
A decline began in our final wave v of (v) of (C) where the formation of the ending diagonal will be completed and after which I expect the trend to reverse to an upward one.
Locally, I expect a decline to the 16600-16200 zone, after which there will be a correction to our downward impulse, and a final decline to the 15200-13500 zone, after which I expect the beginning of a smooth growth.
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BTCUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart. (update)
Growth from current price or through one more decline in 16500-16200 zone.
Entry: market and lower
Target: 17400 - 17800 - 18300
after first target reached move ur stop in breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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It's not financial advice.
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BTCUSDT neutral biasOn Weekly, Price is in downtrend
On 4H and Daily , Price is currently in Uptrend
Potential Buy setup - Wait for the price to pullback into previous higher high ($17381) and FIB 50% in 4H timeframe and look for entry pattern (1H/30M/4H Engulfing or Strong rejections) . If the entry pattern don't show up, Don't force it
BUY SETUP Take Profits - $18000, and $18400
Potential Sell Setup - Wait for the price to go to $18400 and look for entry pattern (Strictly 4H Engulfing or strong rejection or even lower time frame downtrend).
SELL SETUP Take Profit - $15800