BTCUSDT BITSTAMP:BTCUSD has had a major push breaking above the 30,500 resistance area. We just might see a push back into that area again to retest the broken resistance as a new found support, if it is sustained, price may end up pushing higher and if otherwise, we may see price pushing lower.
Support areas to keep in mind, 30,500; 25,000; 19,500 and 15,981
Resistance to keep in mind 43,500; 58,800
Happy hunting
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
Btcusdtoday
BTCUSDT - D1BTCUSDT
There are changes since the last review; on H4 the price managed to gain a foothold at the level of 27165. On D1 you can see the implementation of the 3rd wave from the local maximum, which could lead to a further fall inside the sideways range with targets up to 24900
Locally, you can consider sales from these levels (27150 - 27000).
What can you expect?
You can consider entering from current levels. It is better not to take increased risks, in order to avoid a false breakout if the price does not continue its local downward movement. Local goals that we can achieve in the near future: 26,000.
Targets 26640 - 26350 - 26000
BTCUSDT - H4BTCUSDT
Locally, you can consider buying from these levels (27650 - 27755). In order to consider sales, it is necessary to fix the price at the level of 27165. From which the price is constantly buying off, which makes it possible to buy even in such a market.
Local targets - 28555
What can you expect now?
You can consider entering from current levels or breaking through the level of 27755. It is better not to take increased risks. Cancellation of the idea from level 27165.
Targets 28063 - 28251 - 28555
BTC excellent short entry 29k12h time frame
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Bitcoin dumps 1.5% today, and many people think the huge dump is coming. However, if we take a look at the uptrend since 24901 on 12th Sep, this uptrend line has not been broken yet which means Bitcoin is still on the upward way. Combining with 0.618 Fibonacci Projection, there is a structural support around 27000~27300. Therefore, we can set up a trading plan once Bitcoin reach and get support at that zone, and target is 29000~29500, also the excellent entry to open short as we pointed out in previous Bitcoin two analysis: the critical pattern-Head and Shoulders(ref.1) and PRZ of Harmonic pattern(ref.2). Both targets are 18500~15800.
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ref.1 Head and Shouders
ref.2 Harmonic pattern
BTC is on the critical support1D time frame
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Bitcoin has huge volatility in these two days, pumped high and wend back soon. This scenario means bear for most people, but if we take a closer step, Bitcoin is currently on the support zone(27150~27300), which is made of a consolidation on lower time frame. Also, Bitcoin has the probability creating the Break and Retest trend, if getting support well here, we can still aim to higher target(29000~30000)
Bull Run For BTC Traders. My Trade Lookout. {24/09/2023}Educational Analysis says BTCUSD may go Long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker Binance.
Because BTCfair value gaps are unfilled in a 4-hour time frame.
So one trade is already on with RR is 1: 17.43
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
BTC create small Head and Shoulders 2h time frame
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There are two resistance zones Bitcoin reached recently.
1st at 26650~26850, 2nd at 27450~27800. Standard strong pump should turn the 1st zone into support after breaking up. However, we can see Bitcoin just went down through 26650~26850. This trend implies weak sign on market. Therefore, if Bitcoin takes more time to create a consolidation structure between 26350~26930, a Head and Shoulders will be following.
TP: 25824~25694 / 25271
Bitcoin - Nobody expects such a move.3 month liquidity hited. Level 31730.
6 month liquidity hited. Level 31730.
these levels also coincide with the fibonacci level. this is the seller's discount zone 0.5%
What is interesting is that the monthly high was also taken out, by the previous maximum.
There is still a gap below that needs to be covered.
Nobody expects such a move.
Recently, miners have put bitcoins on exchanges to hedge, I don't know how to find this information correctly.
There is no greed in the market, but there is some liveliness of the market, I started to hear a lot about 32 35 40 thousand dollars for bitcoin from some young analysts.
These are all thoughts in the ear, if you have an alternative opinion, please write.
BTCUSD 4H (Pivot Price: 25612)BITCOIN
stabilizing above 25982 will support rising to touch 26753 then 27416 then 28326
stabilizing under 25612 will support falling to touch 25303 the 24656
Pivot Price: 25612
Resistance prices: 26753 & 27416 & 28326
Support prices: 25303 & 24656 & 24039
timeframe: 4H
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BTCUSDT, Long from a crucial supporttBTCUSDT has been a bearish trend since it rose to $28,143 on 29th August 2023. The bears have been able to bring down the price to equal lows since 22nd August at $25,331.
Price is currently reacting on a month support ($25,836) and a break below this level could further plunge the price to $21.410.6
What do I expect?
The current price is exactly reacting at the base of the trendline support of the ascending channel since 19th January 2023 and the bears are losing momentum at this level which is the reason why the bulls will overtake the bears to drive up the price to $26,606 and further to $27,601 in the coming days.
🔻 BTCUSDT 🔻 SHORT - Local on 01/09BTC 1-hour Chart - BINANCE:BTCUSDT COINBASE:BTCUSDT BINANCE:BTCUSDT.P KRAKEN:BTCUSDT
The global targets I previously mentioned are currently being confirmed, and BTC has executed a bearish manipulation towards the 27500 targets.
Locally, after an impulsive downward movement, liquidity was removed, and we observed a rebound.
Subsequently, the market entered a small range.
I anticipate the removal of liquidity on both sides of the range, rebalancing, and further downward movement towards the primary targets.
I've identified local targets that could lead to corrective movement.
P.S. If you find this idea interesting, hit the "Rocket" 🚀 (👇). It would be greatly appreciated and motivates me to continue sharing my market insights.
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BTC current price direct short
After BTC fell from the daily high of 31800
Now there is a shock rise
The next wave will continue to fall
Trend line 29600-29700 first layout a wave of short selling
The current price of 29400 is directly short
This wave of empty orders is best to deviate from the bottom of the daily line level
Below the target of 28500, we are considering doing more
DYDX Cup & Handle needs break for Long!KUCOIN:DYDXUSDT
BINANCE:DYDXUSDT has crawled over a resistance level.
Buyers are lurking around and a possible build up is printed.
Plan A - Long: Breakout of build up.
Plan B - Short: Breakdown of buildup.
CRYPTOCAP:BTC - at major level that needs to break and hold for upside, otherwise downside.
CRYPTOCAP:BTC - idea here: tinyurl.com
or here: tinyurl.com
If you're an aggressive trader, you could potentially already be in.
Consolidation is boring but buildups are secrets for pre-moves.
Nothing guaranteed and that is why we always manage risk.
Let's get it!
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
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BTCUSDT close to daily support, long term long is favorable hereThe price has come close to the daily support zone which we talked for HTF analysis on the first drop on 5th June. The price is still a bit short of touching the daily support. So it might dip one more time to hit it formally. But lets see.
#BTC MACD CROSSOVER IN WEEKLY TIME FRAME!😱
#BTC WEEKLY UPADTE
In the weekly time frame, BTC is having the support of this 200MA but MACD crossover and sowing a bearish move.
As we can see in the chart in the last 3 times when MACD did a bearish crossover then BTC drops hardly so this time too we may see some fall in the price.
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