#BTC/USDT#BTC
#BITCOIN
The price is moving in an ascending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at $6200
We have an uptrend on the RSI indicator which supports the upside
We have a trend to stabilize above the 100 moving average which supports the upside
Entry price 62200
First target 64800
Second target 66800
Btcusdtlong
BTC/USD "Bitcoin" Bullish Robbery plan to steal the moneyHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist BCH/USD "BITCOIN CASH" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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BTC - FINALLY - Bullish BREAKOUT? For the last few months, I've been preaching patience as we saw a multi-month correction play out, all as a part of the bigger-picture Elliot Wave playout.
The charts are looking positive after some bullish action started showing up from yesterday.
I'd be ready to say the corrective phase is finally over and we're starting the new impulse wave up IF Bitcoin can keep above this support level highlighted on the chart, around $63k.
This would validate a successful Flag-Breakout / Pennant breakout pattern.
However, if we close a daily UNDER this key support zone - it's likely that we're not there just yet. I'm still of the opinion we'll be on our way towards a new ATH close to December, as BTC loves Decembers historically.
______________________________
BINANCE:BTCUSDT
#BTC/USDT#BTC
#BITCOIN
The price is moving in a descending channel on the 4-hour frame and is adhering to its limits well. The price has reached the upper limit of the channel
The price also touched the 100 moving average and is expected to rebound from it
The price is now 61,000 $, which is the entry price
Targeting the 56,200 $ area,
which is the lower limit of the channel
We have an upward trend on the RSI indicator, but it is expected to break down
#BTC/USDT Bullish September+Q4 Ahead!Detailed technical analysis of the BTC/USDT pair on a daily timeframe. Here’s a breakdown of the key elements and potential trading ideas based on the chart:
### Key Observations:
1. **Descending Channel Formation**: The price action is moving within a descending channel, with clearly defined peaks (marked as 1, 2, 3, 4, 5, and a possible 6) and troughs. The price seems to respect this channel, bouncing off both the upper and lower trendlines.
2. **RSI Divergence**: The RSI (Relative Strength Index) at the bottom of the chart is showing a bullish divergence. While the price has made lower lows, the RSI is making higher lows, indicating a potential reversal or a weakening bearish momentum.
3. **Two Scenarios Outlined**:
- **Scenario 1**: A breakout above the upper trendline, leading to a potential rise towards the resistance zone around the $70,000 level. This is supported by the drawn path, suggesting a bullish move if the breakout is confirmed.
- **Scenario 2**: A pullback to the support area around $55,000 - $54,000, before a bounce that could either break the descending channel or test the upper boundary again.
4. **Volume Consideration**: The chart indicates a period covering 197 bars (days) with a total volume of 6.448M BTC traded. The consistent volume could signify accumulation or distribution phases, depending on the context of the breakout or breakdown.
### Trading Idea:
Given the current technical setup:
- **Bullish Scenario (Long Trade)**:
- **Entry**: Enter a long position on a confirmed breakout above the upper trendline, ideally above $62,000 with a daily close above this level.
- **Target**: Initial target could be around $68,000 to $70,000. Further targets can be set at key Fibonacci extensions or psychological levels such as $75,000.
- **Stop Loss**: Place a stop loss just below the breakout point, around $60,000 to $59,500, to protect against a false breakout.
- **Bearish Scenario (Short Trade)**:
- **Entry**: Enter a short position if the price fails to break out and instead pulls back towards the support zone around $55,000.
- **Target**: Target the lower end of the channel, potentially around $47,000 to $45,500.
- **Stop Loss**: Place a stop loss above the upper trendline, around $62,500, to protect against a sudden breakout.
- **Neutral (Wait and Watch)**:
- **Strategy**: If the price remains within the channel without any clear breakout or breakdown, it might be prudent to wait for a clearer signal. This could involve waiting for a decisive move outside of the channel or for confirmation via volume and RSI divergence resolution.
This analysis provides a balanced approach, allowing traders to react to the market based on the price action relative to the defined channel.
Ensure that positions are adjusted according to evolving market conditions and use proper risk management.
Not Financial Advice, Always do your own research.
Please hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
#BTC/USDT#BTC
Bitcoin is moving in a sideways channel on the 4-hour frame and is perfectly adhering to the lower limit of $58,000 which acts as support and the upper limit of $61,350 which acts as resistance
We have saturation on the RSI indicator and a downward trend to touch the broken trend
We have a trend to touch the moving average 100
Entry price 61,300 $
First target 59,600 $
Second target 58,000 $
BTCUSDT: $57000 TO $66000 Targeting Small Move Dear Traders,
We have a good opportunity on btc to target a small buy correction move, it is not an swing trade. However, we cannot be certain of swing move yet on crypto market that is why we have decided to share you an intraday move. Please do your own research too before entering or taking any positions.
Bitcoin rallied after Powell's remarks at the Jackson Hole rallyBy examining the trend in the four-hour time frame, Bitcoin has broken the upper resistance range of the corner triangle pattern and now, due to the increase in the simple moving averages of the ALLIGATOR indicator, there is a possibility of a price increase.
In general, this summary is strengthened. Bitcoin can rise to the Fibo resistance of $69,659, provided that it holds and does not register any 4-hour candle closes below the important support interval in the range of 62768-61732.
BTCUSD: Long, target 78000-82000
Bitcoin, as a digital asset, is a form of risky investment, but it is also a type of currency, or one might call it a virtual private currency. It possesses the attributes of money, and to some extent, it also shares the safe-haven characteristics of gold. This is why I previously predicted Bitcoin’s trend based on gold’s movement, successfully shorting from around 70,000 to the target near 48,000. We can approach it similarly this time.
As we all know, gold has surpassed 2,500 due to the potential threat of war and the impact of inflation. During this period, Bitcoin did not see a significant rise but rather fluctuated within the 56,000-62,000 range. This is due to its dual attributes. However, it also did not experience a significant drop. Does this mean that the capital market's risk assessment of Bitcoin in the current unstable international situation is not very high? Is its safe-haven characteristic still present?
Based on the above assumptions, I believe that as the demand for gold as a safe haven diminishes (this does not mean that gold’s safe-haven attribute will disappear, but rather that gold’s price has reached a new historical high, which may cause some hesitation among those considering entering long positions. This is human nature, and during this period, the possibility of idle funds flowing into Bitcoin will increase), Bitcoin is very likely to experience a significant surge. Therefore, in the current Bitcoin trading, going long might be the better choice.
As for the target of this long position, I think we can tentatively set it around 78,000-82,000.
BTCUSDT Facing Repeated Rejections at 200 EMABTCUSDT Technical analysis update
BTC price has been rejected multiple times from the 200 EMA on the 4-hour chart. This time, we can expect a breakout and a bullish move.
Bitcoin price has formed a triangle pattern on the 4-hour chart and is now moving toward a breakout
Regards
Hexa
BTC/USD "BITCOIN" Bullish Robbery Plan To Steal MoneyHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
BTCUSDT4-hour time frame bitcoin analysis
Bitcoin has risen in the 4-hour time frame and can move up to the specified Swap zone. In price reversals, we can enter buying positions after seeing the confirmation. Also, when the price reaches the swap zone, we can look for sales positions by seeing the confirmation.
BTC Weakness Signals Potential Downside—Key Levels to WatchYello, Paradisers! Are we on the verge of a significant move in #Bitcoin, or will we continue to range within these tight boundaries? Here’s what we’re seeing in the charts right now:
💎#BTC has been stuck in a narrow intraday range. We're holding at the macro range low, but as long as BTCUSDT remains above $58,000 on a closing basis, we’re still in a relatively safe zone.
💎On the micro level, BTCUSDT.P is showing signs of weakness. Despite attempts to rally, the price hasn't managed to close above the $61,580 level—a critical range low zone. This indicates a potential lack of strength in the current price action.
💎A 1-hour order block has formed around $59,617, which BTC is likely to test soon.
💎A significant demand zone lies between $57,289 and $56,653. If BTC moves down to this area, we could see a bounce back to reclaim the internal range low, which has probability to happen.
💎If BTC reclaims the internal range low, expect resistance at both the order block around $59,617 and the macro range low at $61,363.
💎A strong candle close above the macro range low, accompanied by significant volume, could indicate a shift in trend, paving the way for a more bullish outlook.
💎On the flip side, if BTC closes below the demand zone, we might be looking at a deeper discount, with the potential for further downside.
Stay vigilant, Paradisers! The next few moves in BTC will be crucial in determining the trend. Keep your eyes on these key levels and prepare to adjust your strategies accordingly .Discipline and patience will be your best allies in navigating this market.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
#BTC/USDT
#BTC
#BITCOIN
The price is moving in a descending channel on the 1-hour frame and is adhering to its borders well. The price reached the upper limit of the channel and closed above it, which supports the rise.
The price also touched the 100 moving average and is expected to rebound from it.
The price is now at $59,200, which is the entry price.
The first target is $60,000.
The second target is $61,200.
We have a downtrend on the RSI, but from
BTC/USD "Bitcoin" Bullish Robbery Plan To Steal MoneyMy Dear Robbers / Money Makers & Losers,
This is our master plan to Heist BTC/USD "Bitcoin" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Looking for Sell BTC around 60600(8/16/2024)Bearish Shadow is still chasing BTC. After a good retracement from the 49-50k zone, BTC faced some selling pressure around the 62700$. The pressure finally pushed the price to 56.1k $ yesterday. right now price action is showing us HH and LH and, we can see Liquidity above the 59800$ and FVG above it.
We believe the price will eventually reach the zones as mentioned earlier, then we are looking for a bearish setup around 60600$(this is important!) .
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Trading Signal For BTCUSDT Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (15m)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 58820.0
⭕️SL @ 58190.0
🔵TP1 @ 60520.0
🔵TP2 @ 61919.0
🔵TP3 @ 64500.0
#cryptosignal #Crypto
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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.
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Bitcoin analysis - short term idea (longer term included)I've been on a losing streak recently for day trades, but I am optimistic about this trade idea! As illustrated in the chart (90 minute chart), the price of bitcoin is holding steady above $58k (last weeks value high). The orderbook also shows strong bids appearing at this price level (Green dashed line). The first visit to this level resulted in a sustained move up on Tuesday. This is a good sign that shows price is accepting this zone(58k to 62k) and is stabilizing/balancing within it. Just about an hour ago, the green dashed line was revisited. This also cleans up Monday's value area low. Based on this, I am positioned long. See chart for entry, target and stop loss.
This short term Bitcoin trade idea is backed by my longer term analysis I posted a little over a week ago. Chart link below for that.
Boost and follow for more ideas! Thanks!
BTC after CPI. 70k soon?In this video, I analyze Bitcoin's price action following the recent CPI news.
Price deviated above the Monday range but returned to the 50% level of that range, offering a great short trade opportunity. I discuss two potential scenarios for future price movements and share insights into my trading strategy. Despite short-term fluctuations, my bias remains bullish, with a target of $70,000.