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Btcusdtlong

BTCUSDT heading for 4h support, long favorable from there A new long idea on this one. The price is currently trading in 4h resistance zone 4HR1. I expect the price to retrace to 4h support 4HS1 level. A long will be favorable from there towards 31396 area. There is a support around 31066 area and price may experience some bounce there but I hope that the bounce will not be big and the price will continue to retrace to the next support 4HS1 and in turn providing the entry for our long trade.
Long
by angela_altair
BTC - up or down?BINANCE:BTCUSDT sitting at $30500 Market update: BTC is accumulating, and its looking strong. We will see a breakout to one side or the other within the next 7-12 days I guess. But whenever it happens, and whatever direction it takes, down or up, doesn't matter: alts will suffer. I am more bullish than bearish and I assume the move will be to the upside. I can imagine btc rising to 35-36k, followed by a selloff, retesting the 31.5k area and then moving sideways between the 32k and the 35/36k. 2 or 3 quick pumps to 38k from there wouldn't surprise me. As soon as btc breaks 41-42k a move to 47k can happen withing hours and will likely get sold as quick as the pump has happened before. In case BTC dumps below 29.8k we could see a bounce at 29.1k, If not anything is in the cards, it would take a big volume drain tho. Back to the current situation. The reason why I don't expect the bigger BTC move immediately is that we haven't seen any huge alt moves yet. The market needs to see money moving from weaker hands to stronger hands before. Whales need to make some money in alts to put it into btc. There are a few altcoins holding stronger than others. Most of my picks are among them. I am talking about CRYPTOCAP:INJ , FWB:TAO , BME:NTX , OTC:ATOR and a few more ( BME:IAG and LSE:TRAC -BRC20 etc.). Will make a separate post about alts. If BTC drops below 29k it's hard to say what will happen, it depends on why the price dropped in the first place. If the SEC or another agency fires another torpedo, that could happen, but lately, altcoins have tended to be hit by those cluster bombs. At this point, I want to point out NASDAQ:STX again, which is currently around $0.65. STX is an SEC-approved coin on BTC, and it even rewards stakers in BTC. The team doesn't have to contribute much at all, the price should still rise if word gets around, because there aren't many ways to earn BTC passively. My actually bullish view of BTC is only affected by one detail: the many euphoric price predictions by institutions or people close to institutions. Every day you hear about 100k, 200k BTC in 2024. This usually happens when the whales want to unload their bags. If true we could also drop to 20k and below as a 50% dump (to 15k) would mean a 2x on a return to 30k and whales only miss that if they see serious buying pressure to the upside. Keep in mind that a 15k to 30k pump is equivalent to a 30k to 60k surge. So: The ETF narrative could be a trap. But I am cautiously bullish.
Long
by NonComposMentis
DON'T MISS this BTC, another rideIf you're new here check out my previous set ups on BTC and make sure you don't miss this So we have a bullish pennant that is currently been retested, however i expect that BTC will test the liquidity point at 30k/ 30100 before we can fly and create a new year high. Even though there is a strong probability that it will range from 31400 to 29700, doesn't mean we can't scalp or long for a potential break. so i will be buying at 30100/ 30090 stop loss of 29500 See you at 36k
BINANCE:BTCUSDLong
by DN_Trades
12
BTCUSDT. Consolidation.Hello everyone. I want share my idea about Bitcoin. We saw massive move couple weeks ago on bitcoin, came to 2023 High and start consolidation. In my opinion bitcoin still have power for brake that resistance and continue moving up. for that we need to look 2 different LVL which is at 29500 and 31300. For me consolidation is the best for trade but when you have bullish trend the best open position is low key at the moment 29500. I think next week Bitcoin will show real direction and brake support or resistance, BUT WE NEED TO BE CAREFULLY. usually Market makers make false brake outs when price consolidating. For that this is my price prediction with scenes. 1 Bullish Scene - Price coming to close resistance which is at 31300, brake that resistance with bullish candles then coming back to retest and here will be my long position entry. 2 Bearish Scene - Price brake support LVL at 29500 with Strong bearish candles, then it coming for retest and here will be my short position open. BE PATIENT!!!!
Long
by elmakacho
BTCUSDT--34K or 25K ??Observations: If we see on the weekly chart the previous demand zone is clearly resisting the price to go up. on bottom side price has taken the support from previous supply zone/Resistance Acts as support and price moves up. Weekly analysis... Daily Analysis:: If we see on daily analysis...the price is in a range from few days... the previous supply zone is resisting the price to gg down. If price breaks this zone then only we have a chance of short oppurtunity... A rally base rally is going to observe if price breaks this range, on upside. No retest is observed after breaking the trendline as well...if it wants to test this 34000 wants to acts as resistance.
by IIT-Trader
BTCUSDT - Bullish Daily Cross ❕Hi Traders, Investors and Speculators of Charts📈📉 About a week ago, we took a look into the Technical Indicators of BTC and at the time, I concluded that it is MOST DEFINITELY the start of another bullish cycle, as seen here: Something that I was particularly focusing on was the daily bullish cross on the technical indicator, and that has since happened. In previous instances, the price of BTCUSD went up tremendously after such a cross was observed in the daily timeframe, as pointed out on the two dark charts. In other words, I am expecting more bullish price action for BTCUSDT with my first short term target being around $34K. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P INDEX:BTCUSD BYBIT:BTCUSDT.P CRYPTOCAP:BTC.D
Long
by CryptoCheck-
15
Elliott Wave 5 Signals Lower Target, but Expects BTC Bounce As a cautious Bitcoin trader, staying informed and adapting your strategies is crucial. Based on recent analysis using Elliott Wave theory, Bitcoin's price appears to be entering the fifth wave of its current cycle. This wave suggests a lower target in the near term, which may cause some concern among traders. However, it is essential to note that the Elliott Wave theory predicts a subsequent big bounce rally. While we cannot predict the exact timing of these market movements, it is essential to approach this situation from a long-term perspective. Despite the potential for a short-term dip, the overall trend for Bitcoin remains positive. Cryptocurrency has repeatedly proven its resilience, overcoming various challenges and establishing itself as a legitimate store of value. Therefore, I encourage you to consider holding onto your Bitcoin investments for the long term, even after the anticipated dip. By doing so, you can benefit from the potential bounce rally that often follows such corrective waves. Remember, successful trading requires patience and a focus on the bigger picture. It is worth noting that market conditions can be unpredictable, and it is always wise to diversify your investment portfolio. While Bitcoin has shown tremendous potential, it is essential to consider your risk tolerance and financial goals when making investment decisions. As always, I recommend staying updated with trusted sources' latest market analyses and trends. This will enable you to make informed decisions and navigate the ever-changing landscape of cryptocurrency trading. If you have further questions or concerns, please do not hesitate to ask in the comments. I am here to support you on your Bitcoin trading journey. Remember, successful trading requires a long-term perspective. Despite the potential short-term dip, Bitcoin's overall trend remains positive. Consider holding onto your Bitcoin investments long-term, even after the anticipated drop, to benefit from the likely bounce rally that often follows corrective waves. Stay informed, diversify your portfolio, and make informed decisions based on your risk tolerance and financial goals.
BITSTAMP:BTCUSDLong
by bryandowningqln
BTCUSDT to head towards 4h resistance 31136-31236The 4h resistance 4HR1 is holding the price back. The price was pushed back down from that resistance zone towards 4h support 4HS1 after our last trade concluded. After that it has moved up to the resistance zone again and has attempted on LTF several times to go beyond it but everytime it has been pushed back.However, it seems that the resistance will give the way for the price to move higher towards 4h resistance 4HR2. Please keep in mind that this is a short time frame trade analysis. The price for long time frame, I will discuss that in a separate post.
Long
by angela_altair
📈Bitcoin looking for a retest, 32K then 35K📉BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders, after a break, I'm back with my daily analyses of the cryptocurrency and forex market. Welcome to the second season of my technical analyses. At this stage, I will be shareing my short-term and medium-term positions on Bitcoin, Ethereum, XAUUSD, EURUSD, and the DXY Index with you. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
Long
by CrazyS
6
BTC - DONT ARGUE📛 It's BULL SEASONHi Traders, Investors and Speculators of Charts 📈📉 After a sudden breakthrough of the resistance zone at FWB:29K , BTC is looking ready for more upwards price action. The technical indicators in the daily timeframe are screaming bullish as we're about to witness the bullish cross that happens just before periods of parabolic upwards price action. IF the weekly candle can CLOSE above the resistance zone as pointed out, it will form three white soldiers - a bullish candlestick pattern. The next major stop based on supply zones and Fibonacci Retracement is FWB:42K (macro outlook). _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck _____________________ BITSTAMP:BTCUSD COINBASE:BTCUSD INDEX:BTCUSD BITFINEX:BTCUSD CME:BTC1! CRYPTOCAP:BTC BYBIT:BTCUSDT KUCOIN:BTCUSDT
Long
by CryptoCheck-
13