BTCUSDT at daily support, likely to head up towards 65kHere is a long idea on smaller time frame.
The price is again at daily support from where it has bounced last time.
I expect the price to bounce again from here towards daily resistance DR1.
Therefore, a long trade setup is favorable here.
Let us see how the price moves in coming hours.
Let me know what you think about this trade idea.
Btcusdtlong
BTCUSDT at weekly support, likely to head up to 106000The price had rallied well from the low it has made in the beginning of july 2024. But the weekly resistance WR1 stopped that rally again and the price has pulled back since then. This retracement has now reached a confluence of dailys support DS1 and weekly support WS1.
There is a chance that the price reverses from here but the possibility of dipping it further into weekly support zone WS1 cannot be ignored. However, this daily support will definitely cause some bounce which we can also be used for a long trade but that lower time frame setup we will talk in a separate post. This setup is meant for the long shot where the price is likely to head to 106k area after the reversal.
The current month is looking bullish from the monthly candle perspective and therefore, this a long trade is favorable from weekly support WS1, even though it might dip further into WS1 zone.
#BTC/USDT#BTC
Bitcoin price is moving in an upward trend on the 4-hour frame since the beginning of the month
The price is strongly adhering to the trend line. Now we have a slight breakout downwards. We are waiting for a rebound from it upwards and a 4-hour close above the trend to confirm the rise and respect the trend
We have so far stability above the 100 moving average, which supports the possibility of rising
We have a retest of the broken downtrend on the RSI indicator
Which gives a selling saturation and increases the chances of rising
Current price 66320
The target of rising on two targets
The first target is 68000
The second target is 69800
The model is canceled in the event of a 4-hour candle closing below 65000
BTC As shown in the 4-hour time frame, a strong trendlineAs shown in the 4-hour time frame, a strong trendline can be seen underneath, and at the current position, the trendline and the 0.236 fib level indicate that the price may rise to 70K from this limit. If this limit is breached and the price falls, the price may also fall to the 63k level.🌈✨
BINANCE:BTCUSDT.P
Bitcoin All Time High NOT PRICED IN YETFor weeks now, I've been talking about why the all time high for Bitcoin is NOT YET in. (Proof here)
Here are the main reasons why.
👉 Elliot Wave Theory
I've been discussing EWT for many weeks alongside with the bearish M-Pattern that marked the beginning of the corrective wave (3-4). Once the corrective wave finishes, which I expected to be a multi-month playout, the final impulse wave up awaits us (4-5).
👉 Bitcoin-Dominance Increasing & ALTS Bottom
Considering MANY alts have seen bottom patterns after corrections (as discussed in the video), its safe to say the dump is over. But BTC.D is still increasing... If you want to further understand WHY this is a good sign, see HERE:
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KUCOIN:BTCUSDT CRYPTOCAP:TOTAL3
BTCUSDT at daily support, likely to head to 66300The price retraced to daily support DS1 after getting rejected from weekly resistance WR1. Weekly resistance was supposed to push price down, specially after that level being a strong zone for liquidity. However, the daily support is a good zone for the support. The price may trade here for a while but I believe the price will bounce here at least towards 4HR1. We will see how the price reacts once it reaches 4HR1 and act accordingly. Therefore, lets try this long trade setup. Let me know what you think.
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#BTC/USDT#BTC
The price is moving within a bullish channel pattern on a 30-minute frame, and the price is now at the lower border of the channel
Which supports the bullish assumption because the price is based on an upward trend and is moving within it
We have a higher stability moving average of 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 67,000 $
With a target at the upper border of the ascending channel 68600 $
Think Outside the Box BTC! / Next staion 60-62KBINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Dear Traders.
📝In this post I will track the BTCUSDT movements as long as it stays inside the Box.
The market has reached the end of its suffering range.
Until Monday, the price of Bitcoin can rise to the level of $61K-$62K.
After that, if the buyers support and the price breaks above the $63K level, the green scenario will be activated, and the price will return to the ceiling of the box.
On the other side, bearish resistance at the $61-62k level will push Bitcoin price down to the initial target of $55k and then $52k.
📡Please share the analysis posts.
💌Thanks for your support and energy.
BTCUSDT at 4h support, likely to head towards 70kHere is a trade idea on BTCUSDT. The price has moved well from the low it had made a couple of weeks back. It has shown strength while moving up and now facing some struggle at the daily resistance and currently resting on 4h support. The price is likely to bounce from this support and head towards weekly resistance WR1 which is around 70k. Therefore, lets take this long trade. We will monitor the price action and manage the trade on the way accordingly.
#BTC/USDT#BTC
We have a downtrend pattern on the 12-hour frame, the price is moving within it and adhering to its boundaries well
We have a support area in green at a price of 55,000 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average of 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 64,000
First target 67,600
Second target 70,587
Third target 73,670
How to make money with Bitcoin? This time it is a decline.
From the trend point of view, Bitcoin will continue to fall. There is currently pressure at around 62,000. This round of decline is expected to go down to 60,500-60,000. So shorting Bitcoin can make money.
BINANCE:BTCUSDT BINANCE:BTCUSDT.P COINBASE:BTCUSD INDEX:BTCUSD BYBIT:BTCUSDT.P TVC:DXY OANDA:XAUUSD NYMEX:WTI1! FX:GBPUSD
Oversold Bitcoin. It will continue to rebound.
I think there is also a trend of rebound after the decline of Bitcoin. The current price is around 61,000. The target is in the range of 62,100-63,000. Friends who like to trade cryptocurrencies can choose to buy as the main position.
INDEX:BTCUSD BINANCE:BTCUSDT.P COINBASE:BTCUSD BINANCE:BTCUSDT
Bitcoin rebounds by about 500-800 points in the short term.
64500 is a good position for shorting.
You can buy in small batches at present. Remember not to scalp. The risk is very high and uncontrollable.
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P INDEX:BTCUSD INDEX:BTCUSD BYBIT:BTCUSDT.P CRYPTOCAP:BTC.D
Trading Signal For BTCUSDT BitcoinTrading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (h1) (Futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 56600.0
⭕️SL @ 55600.0
🔵TP1 @ 60200.0
🔵TP2 @ 63500.0
🔵TP3 @ 66600.0
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.
If you liked our ideas, please support us with your likes 👍 and comments .
#BTC/USDT Hit our Target $63k What's Next? Since the last BTC update, the price has followed our expected path perfectly. Currently, BTC is trading right around the critical resistance level of $63k, a level I've highlighted since it reached $53k. This is the moment of decision.
Following the news of an assassination attempt on Trump, the market experienced a relief rally. However, it's still uncertain whether we are out of the woods yet.
The best strategy now is to start positioning into altcoins while holding BTC. Over the past 3-4 weeks, I've posted insights on 40 altcoins. Feel free to review those, as I'll be sharing 30 more promising altcoins starting today, so make sure to follow me.
Returning to the chart, if BTC breaks above the $63k level, we could see it trading around $70k+ in the short term.
The mid-dotted line, which previously acted as support, has now turned into resistance. A breakout above this level could be very bullish for the market since the same level aligns with Multiple EMAs.
We are almost there; patience is key.
The most reasonable move now is to wait for a breakout above $63k. A break and close above this level would signal a strong opportunity to go long on both altcoins and BTC.
I will keep this chart updated and inform you of any significant changes, whether the breakout occurs or not.
So, follow me and share these charts with others. Don't forget to hit the like button. Please share your views, questions, or altcoin requests if you have any.
Thank you.
PEACE