Get started

BTCUSDTPERP

#BTC/USDT#BTC #BITCION The price is moving in a descending channel on the 4-hour frame and is adhering to its limits well The current price is $59,102. It is expected to fall to touch the lower limit of the channel at $57,700, which is the entry price There is a strong support point at this level, green Targeting the upper limit of the channel at $60,000 This boot supports the lower limit as we are still below the moving average 100 But what supports the rise after touching the lower limit is the presence of an upward trend on the RSI
Long
by CryptoAnalystSignal
4
Bitcoin BTCUSDT currently trading around the $60,539.9 levelThe BTCUSDT chart shows Bitcoin currently trading around the $60,539.9 level. The price has seen some volatility recently, with significant movements both upwards and downwards. Key Points: Support and Resistance Levels: The price recently reached a local high (TP2) around $61,112, but faced resistance near $62,375, causing a pullback. There is significant support near $58,267.5, as indicated by the recent entry marked by RICHI. This level could act as a key point for further upward movements if the price holds above it. Recent Trade Setups: A long position was initiated around $59,000 with a maximum profit of 16.94%, showing a successful upward move that hit the take profit levels (TP1 and TP2). A short position was also triggered after the price failed to break higher, leading to a brief downward movement. However, this short trade appears to have been closed as the price bounced back. Current Scenario: The price is now consolidating around $60,500. If it breaks above the recent high, it could retest the resistance at $63,000. Conversely, if it drops below $58,267.5, we might see further declines toward the next support levels at $57,000, $55,733, or even $54,044. Potential Targets: On the downside, potential targets for further decline are set at $57,000, $55,733, and $54,044. These levels align with previous support zones and Fibonacci retracement levels. On the upside, the key resistance levels are at $62,375 and $63,335, which Bitcoin needs to overcome to continue its bullish momentum. Conclusion: Bitcoin is currently in a critical consolidation phase. Traders should watch for a decisive breakout above the current resistance levels or a breakdown below the support to determine the next major move. Holding above $58,267.5 could be bullish, while a fall below this level might indicate a deeper correction.
by RICHI_CRYPTO_SIGNAL
BTC Recovery: Targeting 65K Next?GM crypto bro's, this morning, the fear and greed index has risen to 31 (fear) after dipping into the extreme fear zone yesterday. The stoch RSI also shows a slight increase. Overall, today’s outlook for BTC remains similar. The 58K target has been visited, and the next target is in the 65K area. But keep in mind, the market is dynamic—don’t get caught up in FOMO, stay safe, keep calm, and always remember that anything can happen in the crypto market. Always manage your risks, and as always, that’s all for today’s crypto update. I’m Akki, signing off. Have a nice day.
INDEX:BTCUSD
by x_Akki
#BTC/USDT#BTC Bitcoin Bitcoin price is moving in a sideways channel on a 1-hour frame. It is expected that the price will touch the lower limit of the channel at $59,600 and bounce from it upwards to the upper limit of the channel at $61,800. Which is considered a pivot point, which pushes the price down as expected to $57,800, which is a strong support level. We have a support area in green at $57,800 after the price touched it and bounced from it We have a trend to stabilize above the moving average 100 We have a downtrend on the RSI indicator that supports the price upwards, canceling the pattern in the event that the pattern is broken upwards and a candle closes above the $62,000 area, which supports further upwards
Long
by CryptoAnalystSignal
#BTC double top bearish structure, cautiously bullish📊#BTC double top bearish structure, cautiously bullish⚠️ 🧠 From a structural perspective, we have constructed a double top bearish structure near the target area, and the ideal goal of this structure has not yet been achieved, so we need to be alert to the possibility of further pullbacks. ➡️Currently we are near the phased support zone. Even if we want to be bearish, we should wait for a rebound before considering it. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BITGET:BTCUSDT.P
Short
by wolf_king888
Bitcoin Analysis==>>Last ChanceBitcoin started to rise after the announcement of the Unemployment Claims rate and Putin's signing of the crypto mining law . However, the factors I mentioned in the post below can still cause Bitcoin to decrease.👇 Bitcoin is moving in the Resistance zone($60,800-$56,700) and near 50_SMA(Daily) and 200_SMA(Daily) . According to Elliott Wave theory , Bitcoin seems to be completing the Triple Double Correction(WXYXZ) . I expect Bitcoin to continue falling to at least the Support line after completing the corrective pattern . Considering the Situation of Bitcoin, a Short Position is definitely better than a Long Position. Do you agree with me!? Note: If Bitcoin can create a 4-hour or daily candle above the 200_SMA(Daily) and 50_SMA(Daily), we should expect Bitcoin to go up again. 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 gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
32
AFTER THE CORRECTION BTC CAN REENTER FOR SECOND TIME 62KWe did add before about the expected correction for BTC Like the before 62K target, in the correction, there can come a high candle recovery trend as we have seen before to gain again 62K There is a good chance that BTC will retest the 62K level again with a new liquidity volume after this correction trend. know that correction always enters with panic and manipulation trends. In the zone where we are now, BTC can find new LONG liquidity also with the new coming weekly chart start. we will follow the back trend to 62K level with updates. the reversal does not always go directly, in more times the trend should become first stable before a new increase starts. Follow always only your plan and risk management we are not advisors or get paid for it. Trading is more than just a simple basic update.
Long
by SatochiTrader
Bitcoin Weekly ReviewNTC Bitcoin Weekly Analysis for August 10th – August 17th: TLDR: • The market structure remains bearish, and the bias remains to the downside. • Should bitcoin pull back to make a higher low or make a higher high, the bias may change to bullish. Weekly Chart: Bitcoin is still moving inside the Descending, Broadening Wedge. Last week, Bitcoin reached a lower low of 49K. After hitting 49K, the initial reaction was excellent, and the price rebounded to 62.5K. However, the price hasn’t been able to close a candle above the distribution range low of 60.8K so far. The volume also increased, with the buyers having the upper hand. Bitcoin’s price also holds above the 200D EMA and the 50W EMA. Both EMAs serve as a divide between a bullish and bearish market. The fact that Bitcoin’s price is above these levels serves as a tailwind for the bitcoin bulls. The bullish reaction to the 49K level left a 9000$ wick. This wick represents an imbalance in the chart. In my experience, the price tends to revisit these wicks because they represent an imbalance in the chart. If the price pulls back to reclaim at least 50% of the wick and coincidently retests the 50W EMA as support, the bullish case for Bitcoin will strengthen. Two things can strengthen the bullish case for Bitcoin: 1. A Higher High. This means the Bitcoin price will exceed 70K and invalidate the bearish bias. 2. A Higher Low. This means that Bitcoin will pull back but hold above 49K. Preferably, the price should hold the 50W EMA. Bias: Bearish until the price makes an HH or a HL. Figure 1: Bitcoin Weekly Chart. Daily Chart: Generally, the daily chart tells the same story as the weekly chart. The bullish reaction to 49K on August 5th left the chart with an imbalanced wick. Wicks get filled. If, in the next week, Bitcoin retraces to recover the wick and makes a higher low, the bullish case will become stronger. August 8th also was a remarkable day for Bitcoin, with a 12% surge in price. The issue is that fast moves, up or down, leave the price without notable support. If Bitcoin rejects the 60.8K resistance level, there is nothing to hold the price until 55K. Short-Term Bias: If the price holds above the 200D EMA, I expect a continuation of the upside. Initially to 62.5K but higher targets up to and including 68K are not out of the question. Figure 2: Bitcoin Daily chart 4H Chart: On the LTF, the M.S. is bullish. The price is making HHs and HLs; if the price holds 59.5K, I expect continuation. Support: 55K, 59.5K. Resistance: 60.8K, 62.5K, 64.25K. Figure 3: Bitcoin 4H Chart. Gann Bonus: 1. A Gann fan pulled from the ATH to the most recent low highlights Two resistance levels: A. 61K, the 2/1 angle. B. 64.8K, the 3/1 angle. The aspect ratio is 172. The daily TF Figure 4: Gann Fan Resistance Lines. 2. A Gann fan pulled from the cycle bottom to the ATH highlights two support levels: A. 53.3K, the 2/1 angle. B. 41.5K, the 3/1 angle. The aspect ratio is 856. The weekly TF Figure 5: Gann Fan Support Lines. Best wishes
CRYPTO:BTCUSD
by NewThoughtCrypto
5
BTC/USDT RED LOW TIME FRAMEThis is a low time frame update which shows that BTC has the chance to have a correction in the coming time frame, the weekend trend. We will follow the trend and see if these red signals are confirmed in the coming time frame. We followed the BTC before, from a 54K to 62K trend. as this below update shows About the side where BTC is going, we can't know, since we only follow data. we never hope for a trend where BTC can go since we always check all 2 sides and where data shows a high chance. our statics show that we are the best of all coins with data in BTC long term. Knowing this is BTC there can be always manipulation in trends that can make fake liquidity before it will enter the real liquidity, we have seen before at 56650 before increasing to 62K, in a different way can always happen. make always plan.. data shows there is a chance that 70% BTC will make first a correction
Short
by SatochiTrader
Bitcoin Rises Above Key Levels, Eyes All-Time HighBitcoin has bounced back, moving past important support levels and the 200-day Exponential Moving Average (EMA). Analysts predict a small drop in the short term, which could be a good time to buy before Bitcoin resumes its upward climb. Many believe Bitcoin will soon reach or even exceed its highest price ever, signaling a positive trend in the cryptocurrency market. BTCUSDT (1D Chart) Technical analysis BTCUSDT (1D Chart) Currently trading at $62800 Buy level: Above $60700 Stop loss: Below $55500 TP1: $63800 TP2: $65000 TP3: $68000 TP4: $70000 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
1
#BTC reaches the resistance zone, be wary of falling📊#BTC reaches the resistance zone, be wary of falling⚠️ 🧠 After falling according to the rising wedge pattern, we did not reach the ideal entry range, so we missed the subsequent rising space. At the same time, our short order was swept away after setting breakeven, but that's how the transaction was. ➡️At present, we have reached the resistance zone and there has been a correction. We need to be alert to the occurrence of deeper adjustments. The next support area can be focused on the overlap between the downtrend line and the gray support area. 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BITGET:BTCUSDT.P
Short
by wolf_king888
4
#BTC bull goals achieved, beware of pullbacks📊#BTC bull goals achieved, beware of pullbacks✔️ 🧠From a graphic point of view, we have formed a rising wedge in the ascending channel. It has now fallen below the lower edge of the wedge, which is regarded as a downward signal, so we need to be cautious when we are bullish. If you want to go long, at least wait until the price returns to the buy zone below before considering it. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BITGET:BTCUSDT.P
Short
by wolf_king888
What's the nearest future for altcoins?This week, we'd like to take a local perspective through a look at BINANCE:ETHBTC significant drop last week (-7.63%). At the moment the movement is defined by three models. AMEXP model (green) is located on the weekly timeframe, where we are interested in two levels in the local perspective: 2 point level (0.05115) and 4 point level (0.04622)👇 On the daily timeframe, the current movement is described by the AMEXP model of June 27 (turquoise) and the EXP model of July 7 (yellow). In the turquoise model we are primarily interested in the level of 1 point (0.05151), level 0.05045 and level 0.04738 (where the price pivoted on July 27)👇 In the yellow model - level 4 point (0.05216) and level 0.044👇 In conclusion, the BINANCE:ETHBTC price may now continue to rebound towards at least the trend line of the yellow pattern, and at most to the zone of strong resistance accumulation from 0.05045 to 0.05216. After that, we may see a continuation of the drop to floor targets such as 0.04622 and 0.044👇 Based on this we can conclude that now most altcoins look weak and we don't see any opportunity to accumulate additional speculative positions - we will continue to work from the accumulated shorts. Also, a reminder of the open GEP's on CME:BTC1! at $57,805 and $65,835 that continue to be strong magnets👇
by TSFC
#BTC is about to reach the resistance zone, cautiously bullish📊#BTC is about to reach the resistance zone, cautiously bullish⚠️ 🧠 From a weekly level perspective, the adjustment may not be over yet, so we still need to be alert to the possibility of continued adjustment, so this period of rise can only be defined as a rebound rather than a reversal. If a bullish structure with the same cycle can appear in the future, then we will have the possibility of a reversal. Otherwise, don't be too optimistic. ➡️We are now close to the resistance zone and the downward trend line, so we need to be alert to the occurrence of adjustments. ⚠️ Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BITGET:BTCUSDT.P
Short
by wolf_king888
$BTC Long attempt #2Despite all the fears, all BTC has done is reach below value and retest January's high to the dollar. With a great reaction to close out today's session as well. The gray box represents the year's value. As shown, short above it and long below it. Very simple. I won't be waiting for BTC to breakout above (although that is likely). Target destination is the other end of value which is 70k. Friendly reminder that BTC was at GETTEX:29K a year ago! We are not in a bear market. (yet at least)
Long
by yonitrades
#Bitcoin It's Over? 🚨 #Bitcoin Update: Big changes could be coming!🚨 We're close to seeing a major shift in the market. The Super Trend indicator, which has been positive since early 2023, might turn negative soon. If Bitcoin closes below $56,000 in the next few days, it could mean the end of the current bull run. Watch the charts closely! If the price stays above $56,000 and bounces back, we might see a strong recovery. But if it falls below, the bears might take over. Stay alert and trade wisely! 📈💡 #Crypto IN EXPLANATION We are on the verge of confirming a reversal on the larger time frame. The Super Trend indicator, which has been green throughout the entire market since the beginning of 2023, was also red during the market's decline in 2022. This indicator has been effective in determining whether we are in a bear market or a bull market on the larger time frames, rather than the short-term. While we may experience short-term dips or bearish trends, the Super Trend indicator highlights the broader bullish and bearish movements. It will turn red, confirming a bearish trend reversal on the larger time frame and indicating a bear market if we see a four-day candle close below approximately 56,000. This would confirm a trend reversal pattern. For the market to continue, the price needs to remain above 56,000 and rebound from this level soon. This could potentially lead to the formation of a giant bull flag. However, if this pullback persists over the next few days and we see a four-day candle close below 56,000 in three days, it could signal the end of the bull market. Thanks, like and follow if you like my updates!
by CRYPTOMOJO_TA
🗺️Bitcoin Roadmap🗺️🧐Today, I want to analyze Bitcoin for you in a weekly time frame so that maybe it can give us a good view of the continuation of Bitcoin's movement . 🏃‍♂️If you look at the chart, Bitcoin is moving in the Ascending Channel in the weekly time frame, the ascending channel I have drawn seems to be a valid channel, so that the middle line of the ascending channel has played the role of resistance and support well. 🏃‍♂️Bitcoin is moving near the ascending channel's midline , the pitchfork line , the Resistance lines , and the 🟡 Potential Reversal Zone(PRZ)($82,800-$73,200) 🟡➡️ So it shows that Bitcoin is facing an Important Resistance(Supply zone). ⚖️If we look at the chart, it looks like we can expect similar moves before the 2020 Halving . Move 1 is similar to move 3 , and moves 2 and 4 are similar, so if we want to expect similar moves, Bitcoin should start correcting . And until the 38.2% and 50% Fibonacci corrections (we should NOT consider the decrease of Bitcoin in Covid ). I have drawn the possible move for you in the chart below.👇 🌊According to the theory of Elliott waves , Bitcoin can follow two scenarios, and it depends on future events and news . The scenario is as follows: 🚀 Bullish scenario ( more likely due to Halving, ETF, etc ): Bitcoin has completed the main wave 3 at $73,777, and we should wait for the start of the main wave 4 and then increase towards $87,000-$99,000-$112,000 . 🚨 Bearish Scenario : Bitcoin has finished the main wave C at $73,777 (or a little higher), and in case of breaking the 🟢 Heavy Support zone($50,000-$38,500) 🟢, we should wait for Bitcoin to fall (the fall can continue up to 😱 $18,000 😱). Of course, according to the current market conditions, this scenario is somewhat unlikely, but it is still possible, if Bitcoin goes above $77,000 , this scenario will be removed in general . 💡If we look at the RSI indicator in the weekly time frame , we can see that it seems that the RSI has succeeded in forming a Rising Wedge pattern , which can correct the upcoming correction of Bitcoin. 💡In the 1-hour time frame , Bitcoin has formed an Ascending Broadening Wedge pattern , which can be a sign to start the correction of Bitcoin . 🔔According to the above explanation , we can conclude that Bitcoin correction can start soon ; Bitcoin can have a correction to 🟢 Heavy Support zone($50,000-$38,500) 🟢 and then we have to wait for the next movement of Bitcoin( Re-pumping is more likely ). ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), Weekly 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 gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
74