BTCUSD intraday sell buy ideaPrice has swept the previous day low.
a bearish correction is expected. be
looking for short term sells as the price
retraces to sweep sell side liquidity, before
going long
Btcusdtlong
BTCUSD-Are We Heading Towards $34000?Hey Everyone, price has been dropping since last two weeks due to strong USD presence in the market, as Treasury yields declining. Investors are still seeing dollar as a safe heaven currency and that is why DXY have been extremely bullish in these last two weeks.
We will have to closely monitor the market, and react carefully going forward on BITCOIN(BTCUSD).
Capitalizing on the Right Angled Broadening Pattern BTCCapitalizing on the Right Angled Broadening Descending Wedge Pattern
Introduction:
In the world of cryptocurrency trading, uncovering reliable patterns can unlock lucrative opportunities. Today, we delve into the hourly chart of Bitcoin (BTC) to explore an intriguing pattern: the Right Angled Broadening Descending Wedge. This pattern's unique structure presents a promising trading setup that traders should keep a close eye on.
Pattern Analysis:
The Right Angled Broadening Descending Wedge pattern on BTC's hourly chart reveals a captivating interplay between widening trend lines. The lower trend line displays a steeper slope compared to the upper trend line, creating a visually appealing and potentially profitable pattern.
Trade Setup:
Entry: $27,065
Target: $29,410
Stop Loss: $26,768
Based on our analysis of the Right Angled Broadening Descending Wedge pattern, we propose the following trade setup for BTC:
Entry: Enter the market at approximately $27,065. This level represents a prime opportunity to capitalize on the potential breakout indicated by the pattern.
Target: Set your profit target at $29,410. As the pattern unfolds, it suggests the potential for an upward move, and this target level represents a significant profit-taking opportunity.
Stop Loss: Implement a stop loss order at $26,768 to manage risk effectively. This level acts as a safety net, minimizing potential losses in case the market moves against your trade.
Conclusion:
The Right Angled Broadening Descending Wedge pattern witnessed on BTC's hourly chart offers an enticing trading opportunity. By entering the market at $27,065, targeting a move towards $29,410, and employing a stop loss at $26,768, traders can position themselves advantageously.
It's crucial to note that trading decisions should be made after considering additional factors, including other technical indicators, fundamental analysis, and overall market conditions. Utilizing a comprehensive approach will enhance your trading strategy and increase the likelihood of success.
Stay vigilant and monitor BTC's price action closely. As the Right Angled Broadening Descending Wedge pattern unfolds, be prepared to seize the potential gains it may bring. Happy trading!
BTCUSDT heading higher towards 27166The price is trading at support level. I think the price will head higher from this support level. The target would be the next 4h resistance around 27166 area.
📈Bitcoin may retest 27274 level📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous ETHUSDT analysis and position.
Bitcoin may experience growth to 27274. The trend is still bearish, and the price takes another step for further correction with each rise, specially near stop-hunt level.
P.S: If the price stays above 61.8 fib level, bitcoin can go higher even above 27500 level. Don't forget to risk-free your position.
Please share ideas and leave a comment
let me know what's your idea.
CrazyS✌
BTCUSDT likely to head up for 29236 levelThis is a long shot long idea but like the last time this one is also worth trying. The price is not near the entry point but I will add a third a bit lower from here, a third on entry level and a third down from entry if the price dips and long still seems favorable. The target for this trade is 29236. The price may have pullbacks on the way at 27300, 28150, 28936. We will monitor those levels and take partial profit or come out of the trade accordingly.
Accumulation phase followed by extremely bullish caseBy removing the candles and just dealing with 100 week MA, there is more clearer view on how BTC will reach 200k in the next bull run.
BTCUSDT likely to head up to 26666-26736Its a good setup for long. I think price is going to move up from here. Lets target first the 4h resistance around 26666-26736.
📈BTCUSDT 15min Head&Shoulder📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous BTCUSDT & XAUUSD analysis and positions.
Bitcoin may experience growth to near 27K.
The trend is still bearish and the price takes another step for further correction with each rise.🐱👤
Don't forget to risk-free your position.
Please share ideas and leave a comment
let me know what's your idea.
CrazyS✌
Bitcoin to 37kAs I predicted on my previous post, the bottom of Bitcoin is most likely in. This means that is time to talk about targets next!
The price has to breach the resistance of the falling channel first, but that is only a matter of time. If it breaks, and I believe it will do so soon, The price will go up to 31k first.
The next resistance are 33,7 and 37k. So far the uptrend has been steady since December and I see no reason why that should change. The stock market is also bullish after all.
Knock Knock Bitcoin, are you there?Well, what is there to say? Bitcoin has been moving very well for the last couple of months until it started to surprise me. At this point it's still moving according to the count as it reacted off of equality of wave {c} vs. {a}.
With all honesty I do not have a clear idea on whether we have finished wave 2 or not, but for the time being I do not have any reasons not to be bullish.
I'll keep it monitored, but all I can see is that there are no conditions to open any trades nor long or short, but that is obviously my own opinion based on the way I trade and my own experience.
As always, these is not financial advice, but feel free to ask questions if you have any!
Trade safe!
Bitcoin: Bulls VS Bears: Battle of $26KHi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
A quick analysis on Bitcoin. Over the weekend we may see some volatility as the bulls and the bears battle on the current support zone at $26400.
It is my personal view that this trendline will hold , due to a macro market perspective analysis that I did a couple of days ago which pointed towards BTC being in phase E of the Wyckoff Method market phases :
Incase you missed it ! A new altcoin that leverages memes and the hype of AI : AIDoge :
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD KUCOIN:BTCUSDT COINBASE:BTCUSDT OKX:BTCUSDT BINANCEUS:BTCUSD BITFINEX:BTCUSD PHEMEX:BTCUSDT
_______________________
📢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
BTC: Keep going long, target 30K
BTC has been running around 27K recently, although affected by the news, the market has ushered in a fall, but the support of 25.8K below is very obvious, personal advice, before the market has not fallen below 25.8K, always maintain a long idea, any decline is a better buying opportunity.
Personal operation strategy: btc buy@27-27.2K tp: 28-29-30K
Fifteen years of trading experience, trading signal accuracy rate is as high as 95%, I will share more trading signals to help you make profits!
Bitcoin trading signals
With the new round of attention to cryptocurrencies in the capital market, it is very likely that there will be an increase in the future, and the current trading signals are obvious.
Trading strategy:
buy@26400-26350 tp:26800-26870
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
BTCUSDT on hourly support, lilely to head to 27049Last long attempt did not work and the trade got stopped out. The price went down the daily support and now on a hourly support from where the price bounce last time towards 4h resistance of 27500 zone. I have taken another long trade here with a target of 27049.
LONG On BTCAccording to the models that I analyze through them, I predict that the price will move along the red line and generally along the green path.
BTCUSDT at daily support and likely to head to 27396The price was held back by 4h resistance around 27400 zone. And now it has fallen down to the daily support around 2700 zone. I expect this support to hold for now and provide a bounce to the 4h resistance zone around 27400 again. I believe a long is favorable here with a target to 27396.
Bitcoin will pump by Falling Wedge Pattern🚀Bitcoin was able to make a Falling Wedge Pattern near the 🟢 heavy support zone($ 26,900-$ 26,400) 🟢.
I expect that Bitcoin will go UP after breaking the upper line of the falling wedge pattern.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC about to do dirty 'tings. BTC on the 3hr, tested support on a dump to 25.5. Way too much support and bounced. Finding support again.
I'm thinking liquidity grab, then face melting pamp. LFG BTC, the time is now, bears about to learn today.
If it dips to 25.5, it's a buy opportunity, good luck boys.
Bitcoin Growth with Bullish 🚩Pennant🚩 Pattern🚀(Shor term)As I expected in the previous post, Bitcoin was not able to break the 🟢 heavy support zone($ 26,900-$ 26,400) 🟢, but as Bitcoin always does, it created a trap(🐻Bear Trap🐻).
Bitcoin seems to be completing the Bullish Pennant pattern , but maybe the ⚠️ low trading volume ⚠️ on Saturday and Sunday will affect the correct formation of this pattern.
If Bitcoin can break the upper line of the symmetrical triangle , we can consider confirmation of this pattern.
🔔I expect Bitcoin to grow at least up to the downtrend line after breaking the upper line of the symmetrical triangle, and the next step could be the 🔴 resistance zone($ 28,000-$ 27,660) 🔴.
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, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDT hit daily support and trading around itThe price has hit the daily support and went down the support but on daily basis I expect this support to hold. That means a long is favorable here. Lets try this long with the target of 27049.
BTCUSD | 1st ABC Correction A-wave Target ProjectionA potential bullish scenario : 1st ABC correction zigzag pattern with upcoming wave 5 of c-leg targeting 0.382 retracement of previous 5X motive wave move between 24-25K
However, wave 1 and 3 in c-leg are extended, wave 5 can be the shortest wave and truncation is still possible.
Action: A safer long entry can be placed when breakout downtrend line 2-4 or above wave 4 of c -leg, targeting the upper resistance of the bull flag.
Always trade with affordable risk and respect your stoploss!
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
switched my main scenario that we're in ending diagonal and now forming only wave of 2 of v.
I Expect growth from current price(yellow marker) or through one more decline in 25-24k zone(orange marker).
Main target zone: 33 - 36k
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
