(BTCUSD) needs positive momentumThe largest cryptocurrency in the world recorded its highest levels ever
Expected scenario: continuation of the upward trend
Bitcoin (BTCUSD) price trading stabilizes around the 70200 level after the rise it witnessed yesterday, and we notice that the Stochastic indicator is showing negative signs that hinder the price’s mission to continue rising, waiting to gather positive momentum that will contribute to pushing the price to resume the upward wave that targets the 73700 level as the next main station.
We will continue to favor the upward trend for the coming period, relying on the positive effect of the previously completed double bottom pattern, while recalling the importance of stability above 68200 as a first condition for the continuation of the expected upward wave.
The largest cryptocurrency in the world recorded its highest levels ever
The prices of the digital currency "Bitcoin" fell during trading on Friday as part of a process of breathing and profit-taking, and under the pressure of the continued rise in the levels of the US dollar ahead of the release of important economic data from the United States.
The largest cryptocurrency in the world, “Bitcoin,” provided the best quarterly performance in a year during the first quarter of this year, and recorded earlier in March trading its highest levels ever, thanks to financial flows linked to funds traded on American stock exchanges.
Throughout the trading of the first quarter of this year, which officially ends at settlement today, next Sunday, Bitcoin prices have so far risen by more than 65%, on the verge of achieving the second quarterly gain in a row, and the largest quarterly gain since the first quarter of last year. .
On Thursday, March 14, the largest cryptocurrency in the world recorded its highest levels ever at $73,794, thanks to record flows into the market and successive regulatory approvals in most parts of the world, and after Micro Strategy announced the second largest A purchase you have been making since you started owning Bitcoin approximately four years ago
Btcusdtlong
BTCUSD Bullish Robbery Plan to make moneyDear Robbers,
This is our Day Trade master plan to Heist Bullish side of BTCUSD Bank. My dear Robbers U can enter at the any point above my entry area, The Heist was started at the Moving average Push. Our target is Red Zone that zone is TIGER area Be careful and Be rich. Loot and escape near the target 🎯
support our robbery plan we can make money take money 💰💵 Join your hands with US. Loot Everything in this market everyday with my master Plan.
Where is the end point of Bitcoin's bullish trend?In my opinion, today seems to be Bitcoin's last bullish day.
Likely, tonight or tomorrow, we might witness a small FOMO wave leading to the range of $73,000 to $74,000 ( Area $3.80~$3.75 USDT.D)
I suggest you read the previous 3 analyzes.
I would be happy if you share your opinion with me.
Give me energy by liking and following me.
Where does the Bitcoin downtrend continue to?Hello dear friends, I hope you're doing well. Before delving into Solana and Bitcoin analysis, let me reiterate two important points for newcomers and myself:
1. If you haven't profited from market dips or experienced severe liquidation, take a few days off from the market.
2. Avoid entering the market for revenge, as emotional decisions could lead to further losses.
As you can see, Bitcoin experienced an 18% drop from the $73,600 ceiling and reached a support level of $60,000.
The question arises: Is the $60,000 range an attractive zone for market makers or major players? My answer is a resounding no, for several reasons.
As I've mentioned before, the $60,000 range serves more as a psychological barrier than a significant support level.
Market makers reinforce this range so you can comfortably take long positions at $20k, $40k, or $80k without worry, or even go full margin long.
In my opinion, the $60,000 range is the biggest bull trap that market makers have set for us.
Within less than a week before the halving, the $60,000 range has been strongly supported, but 8 to 10 days later, CZ's criminal sentencing area awaits us.
Considering the current dominance of Tether and the breakdown of the rising wedge bearish pattern, we could look to open short positions in the $64,500 to 68,000$ range. The likelihood of this scenario playing out is very high.
-------------
Here are the potential scenarios for Tether's dominance:
1. A move of 4.7%, breaking the resistance at 5% and reaching the 5.85 range, which is the channel's midpoint.
2. A correction to the 4.5 to 4.36% range to complete the upward pullback, followed by a move towards the 5.85 range, which is the channel's midpoint.
Therefore, we conclude that Tether's dominance is very bullish. It's likely that the $60,000 support range will be broken, and the price will drop to $45,000 (the 5.85 USDT.D range).
-------------
The Elliott Wave count I conducted in the previous analysis on the RSI indicator is nearing completion. Wave A has been completed.
-------------
I'd be happy to share your opinion with me. Your likes, follows, and comments give me energy.
BTCUSD: $33000 AND THEN $37000Hope everyone having a great weekend, we need to address few things in here, firstly we expecting price to breakthrough consolidation and create a expansion retracement. Price needs to fill the voided area and as the price is bullish, it is very unlikely for price to drop heavily as there are no major economical data supporting it.
Please Like And Follow for More.
USD Dominance analysis. Good for BTC Trade.Hello everyone, i want share my idea about USDT Dominance.
I will use that analysis for BTC Swing Trade.
USDT Dominance tested weekly resistance where it got rejection 3 times, price fell to 4.60 LVL where was buyers but if we look price action sellers take control and correction of bitcoin has end. bitcoin tested 60000-59000 support zone where it got pretty good reaction from buyers.
If we look total crypto market chart we will see, buyers take control and the price action came back to uptrend, in my opinion BTC correction done, now its time for new high but what will be next stop who knows.
At USDT dominance i am pretty bearish, uptrend price action losing momentum. my 3 scene of price action will show am right or not>
TIP! After i start analysis at USDT Dominance my BTC Trades win rate has raised, price action is not absolutely same of BTC but when here we have huge moves, most comes to BTC, when i want to open trade at BTC first i am looking total crypto market cap and USDT Dominance.
Always make your own research!!!
If support is broken the Bitcoin will drop to 52kTrading Setup:
There is a Trading Signal to Buy in BTCUSDT Bitcoin 4h
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 60600.0
⭕️SL @ 58000.0
🔵TP1 @ 70100.0
🔵TP2 @ 77000.0
🔵TP3 @ 87000.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
previous idea
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
Iran attacked Israel what impact can it have on Bitcoin?😱#Bitcoin Weekly Technical Analysis 📈
Bitcoin surpassed its previous all-time high of $69,028, reaching a new peak at $73,773. Currently, it's trading above a strong support level ranging from $64,500 to $66,300, which is considered a robust technical support zone. As the week concludes, Bitcoin needs to hold above this support area.
The price of Bitcoin declined towards the week's end due to news about tensions between Israel and Iran.
If Bitcoin remains within this range, it could consolidate or potentially drop further. It's wise to observe and wait for the market to stabilize before making any decisions.
Stay tuned for further updates.
CRYPTOCAP:BTC BINANCE:BTCUSDT BINANCE:BTCUSDT
20 hours left in Bitcoin halving, what do you expect?#Bitcoin Update
Bitcoin's price dropped quickly when news broke of a potential conflict between Israel and Iran. It nearly reached a support level but then started recovering fast. This shows that the market is optimistic, but we're still stuck in a price range, so it's best to wait for a breakout.
If the price stays above this support level, we can expect a bounce upwards. However, if it breaks below this level, we might see the price drop toward $50,000.
Currently, the 100-day Simple Moving Average (SMA) is acting as support, and this blue line is strong support, which is around 50k.
20 hours left in Bitcoin halving, what do you expect?
I'll continue to provide updates, so stay tuned for more information.
#Crypto #BitcoinHalving CRYPTOCAP:BTC $BTCUS BINANCE:BTCUSDT
Rebound at the bottom of BTC boxHi friends, nice to meet you. I brought you a bitcoin answer sheet that you're really curious about
It is moving in the BOX pattern and drawing a little BEARISH EXTENDED WAVE.
If it break through wave, It will break through the next fallow image's short-term RED downtrend line and the upper zone and will go to the recent high, which is the end of the box's upper.
ICT Long Setup BTCUSDT, Scalping, be quick moveHello Traders,
Our AI system detected that there is an ICT Long setup in BTCUSDT for scalping,
Please refer to the details Stop loss, Demand Zone(Buy Zone), TP 1 and TP2 for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
If the price had hit the TP2 when you see this idea, please wait for next idea.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
BTCUSDT at daily support, likely to head to at least 66500We expcted a pullback from 4h resistance 4HR1 and thats now a reality. The price has been rejected from 4HR1 and now it has come down to the daily support zone.Our decision to take profit at 4HR1 and then look for long opportunity on pullback was a optimal one. According to my mention in the last post, I am sharing the setup for the new long opportunity on this pullback.The price is likely to bounce from here and head towards 66500 zone at least. Lets see where we go from here. Let me know your thoughts in the comments.
BTCUSDT at weekly support, likely to bounce hereWe were right at unloading the position there mentioned in the last post while it was still in profit. The price has gone down drastically from that and that 4h support did not hold. Now the price has come down to the weekly support WS1. I think there is good probability that the price will find support here and there will be good bounce for having a long trade opportunity. I have presented a long setup here. At first the idea is to aim for that daily resistance DR1 but we will reevaluate the price action on the way to decide about keeping the position and also take profit along the way. Let me know what is your take on this.
BTC Playing Devils Advocate DOWNSIDE & UPSIDE (30m) pt2Holding 60 K as recent local low, potential retracement's as shown
30m strategy signals are pulling back to support then pushing higher.
Halving event brought no significant volatility into the weekend trading.
** use previous FIB level as Stoploss for LONG/BUY
*** seek next FIB zone as target for taking profits/support/pullback
--Message me for strategy settings 5, 30, 3hr, 18hr Charts
NASDAQ:APP @Aceofwaters
BTCUSDT Bullish (Triple Bottom & Divergence) - Halving TomorrowBTCUSDT shows a bullish reversal with triple bottom and bullish divergence. Buy stop is placed at slightly above the previous LH. If you still have bearish bias, you can buy 5-10% at spot and wait for another dip until 50k. I am allocating 20% of my portfolio in Gaming and AI narratives at spot.
Historically, always buy the dip in crypto bull season and prior halving which is by tomorrow. I think pre-halving, this is dip that we all anticipated. 50k levels are still in play. Don't panic, if price still drops. Buy the dips, preferably in spot.
BTCUSD Bullish Momentum Anticipated from Key Support LevelBTCUSD is currently exhibiting a Harmonic Pattern (XABCD) on the 4-hour time frame. This pattern is characterized by distinct price swings that form geometric structures. As per our analysis, the pattern is nearing completion, with Point D aligning with a crucial support level.
Trendline Analysis:
In conjunction with the Harmonic Pattern, a trendline has been identified, further reinforcing our bullish outlook. The convergence of the Harmonic Pattern and the trendline at Point D enhances the significance of this level as a potential entry point.
Trade Setup:
Entry: Long position entry is recommended at 64690, reflecting our anticipation of a bullish momentum shift from Point D.
Stop Loss: To mitigate downside risk, a stop loss is advised at 59600, safeguarding against unexpected market fluctuations.
Profit Targets:
We have identified multiple profit-taking levels to capitalize on potential upward price movements:
TP-1: 69760
TP-2: 74834
TP-3: 79870
Rationale:
The technical setup indicates a favorable risk-reward ratio, with Point D coinciding with a key support level and the formation of a Harmonic Pattern. This, coupled with the establishment of a trendline, strengthens the bullish bias.
Conclusion:
In summary, based on the analysis of the Harmonic Pattern formation and trendline dynamics, we advocate for a long position in BTCUSD with an entry at 64690 and stop loss at 59600. Profit targets are set at 69760, 74834, and 79870, reflecting our expectation of a bullish trend continuation from Point D. As always, prudent risk management is advised to navigate market volatility effectively.
📈Long Setup on BTCUSDT 2H / Next Price Stage ---> 65K?📉BINANCE:BTCUSDT
COINBASE:BTCUSD
📈BTC 2H📈
⚡️Quick long position with medium risk status.⚡️
Bitcoin may continue towards the announced targets without any correction.
But if the price pulls back to the entry area , as long as it is above the pitch-fork (near white support), the long scenario will be valid.
TP 1-2-3 and SL are on the chart.
⚠️Don't forget to de-risk your positions.⚠️