RSI in BTC 4H time frame is showing Bullish DivergencesRSI in BTC 4H time frame is showing Bullish Divergences and if it works, price can go up to 66k. Keep in mind that there are significant caveats when entering long trades!
BINANCE:BTCUSDT.P
BTCUSDTPERP
BTC LONG OVERDUE HITHey as we have broken the 71266 resistance zone and liquidating over 3Billion shorts.
I truly believe we are hitting a higher zone before another correction downwards.
Following Bullish indications are:
Triangle pattern break out and anticipating to hit 83600 mark.
HHHL Resistance broken at 71266
Bearish indications:
Major resistance at 73363 another lovely liquidation level
Trade plan bias long @ 71200
SL:68130
TP1:74695
TP2:77981
TP3:81123
📊#BTC next structural evolution🧠The current market trend is not much different from the analysis in the previous article.
🧠From a structural point of view, we are in a bullish trend as a whole, but a larger level of short structure has been constructed, which means that it is possible for us to reverse the bullish trend based on this structure. Considering that the daily and weekly level bulls have now been realized, it is very reasonable for us to see daily and weekly level adjustments from here.
➡️From the perspective of wave theory, we seem to have completed wave 4 and are progressing to wave 5. Note that if we continue to consolidate sideways, then we may not continue to wave 5, because if the cycle of the wave changes, then This means that wave 5 may fail.
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
Btc Do Or Die The BTC/USDT pair is currently at a critical juncture, with the recent breakdown of a triangle pattern followed by a retest. Currently, the price is being supported by a crucial horizontal level. It is essential for Bitcoin to sustain this support to prevent further downside. In case the price fails to hold above this support level, a drop towards the $52,000 region is anticipated. Traders and investors should closely monitor the price action around this support level for potential clues about the future direction of Bitcoin.
Bitcoin Can Go Down by 🚨Classical Patterns🚨🚨Bitcoin started to fall again after the news of a possible War between Iran and Israel and reacted well to the 🟢 Heavy Support zone($61,100-$58,690) 🟢.
🏃♂️Bitcoin is currently moving near the 🔴 Resistance zone($66,100-$64,500) 🔴.
📈It also seems that Bitcoin has managed to break the lower line of the Symmetrical triangle , and at the same time, it is forming an Eve & Adam Double Top .
🔔I expect Bitcoin to continue falling again , at least to the Pitchfork line .
❗️⚠️Note⚠️❗️: If Bitcoin can go above the 🔴 Resistance zone($66,100-$64,500) 🔴, we can expect an increase in Bitcoin.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
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 gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📊#BTC may undergo daily level adjustments📉💥As the international situation becomes tense, financial markets also show a pessimistic side.
🧠From a structural perspective, the long structure is destroyed, and falling below the turning point means that the small double-top short structure has evolved into a large double-top short structure. This means that we will most likely enter a daily or weekly level adjustment. Therefore, bullish calls need to be conservative and cautious.⚠️
➡️From a wave theory perspective, it appears that we have completed Wave 3 and are entering Wave 4. If you want to go short, you can look forward to the emergence of the fifth wave and the price to enter the daily level buying zone.🙏
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
Bitcoin BTC price starts a pre-halving correction?On April 1, the BTCUSDT price started with a "humorous" correction.
In general, April promises to be quite interesting and provide "many answers."
During the likely long-awaited correction, it will be necessary to closely monitor such indicators as BTC.D and USDT.D:
- It will be possible to trace where the capital that previously entered the cryptocurrency market through the purchase of BTC by large players is flowing.
- It will be possible to track which "industry's" altcoins are best held and bribed.
Do you think there is something more interesting to invest in the cryptocurrency market than various memecoins?)
And on April 19, 2024, the long-awaited "BTC halving" is to take place.
The halving of the reward for a mined block from 6.25BTC to 3.25BTC will reduce the supply on the market in the medium and long term.
If we compare the growth dynamics of the BTCUSD price in 2024, we will see that it is more similar to 2021 than to the previous years when halving took place - 2020 and 2016.
What are your goals for the Bitcoin price movement in April 2024?
We would like to see a correction at least to $65 thousand, or even better, a drop in the BTCUSDT price $58400-59100
But there is also the $78000 mark, which would also be good to test for strength, the only question is when)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Bitcoin is Ready to Attack to Support zone⚔️🏃♂️Bitcoin is moving near the 🔴 Resistance zone($71,350-$70,900) 🔴 and seems to have broken the Support line .
🌊According to the theory of Elliott waves , Bitcoin seems to have successfully completed the Zigzag Correction(ABC/5-3-5) .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
📈If Bitcoin's downward momentum is high , there is a possibility of forming a classic Double Top Pattern .
🔔I expect Bitcoin to ⚔️ Attack ⚔️ the 🟢 Heavy Support zone($69,300-$67,500) 🟢 once again.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
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 gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📊#BTC cup-handle structure may fail❌🧠The last thing we wanted to see happened. We failed to continue to break upward but chose to fall, which meant that a new short structure emerged. If the short goal is achieved, then our long defensive point will be invalid, so we choose to close the position and wait for a more suitable opportunity to appear.☕️
➡️If the short strength continues and falls below the turning point, then a large double top short structure will appear, which means that we will most likely enter the daily level adjustment range. If you have a short position in a good position, you can lock in the main profit and then expect this scenario to happen in a low-risk way. If it happens, then you can make more.💰🍻
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
Dynamic and Horizontal Support & Resistance Levels for BitcoinSupport:
• Trendline support: 67K.
• 50D EMA, currently at 64.8K.
• Orange Gann Angle: 60.6K.
Resistance:
• 21D EMA, currently at 68.5K.
• Yellow Gann Angle: 70K.
• 71.8K Horizontal support.
Do you think the bear market will begin before the halving? I don’t!
Bitcoin crash tunnel (80000 / 12750) |||| ●●●● Alert ●●●●Due to the closing of the Bollinger band between the two black lines, this part of the chart will no longer be scrolled. As a result, if the price enters point A from above, it will leave point B in less than a few minutes, and Bitcoin will crash 100% to 12750 in the next two to three days
btc long idea. i am bullish on these points. No Fear. But BTC. Make Money. thats easy
STOP LOSS : PROTECTED LOW POINT
TP : LIQ POINT
ENTRY ZONE : 64500-66000
#Bitcoin needs to reclaim the 70K!#Bitcoin update
BTC is forming this bullish parent/symmetrical triangle pattern in the four-hour time frame; here, 200MA is working as good support.
currently tapped into the support deeper till the bottom area and reacted a bit. Price Seems to be hodling the support and might gonna reverse from here.
we need to reclaim the 70K resistance for bullish momentum.
But for now, the
Dusk is still in the air; it is better to wait for the market to stabilize.
Stay tuned for more updates.
BTCUSDT to bounce from 4h or daily supportWe expected a pullback of the price after it broke to the upside and went beyond bit our target. Now the pullback is slowly maturing and coming to the targets from where it can bounce. Therefore, lets get ready with the relevant levels and the trade setups for long. I have marked two support levels which is attracting the price on this pullback. The first one is 4h support 4HS1 from where a bounce is likely. In case the price wants to go southward a bit further on this pullback then the next support is daily support DS1. That level will definitely give a long trade opportunity. Therefore, I will take some amount from 4HS1 and will add at DS1 in case the price moves a bit more southward. Lets trade it and see where the price leads us.
#BTC/USDT Technical Analysis. #BTCUSDT Update: Our initial scenario is unfolding perfectly so far.
BTC is likely to go higher when the BTC Dominance hits 58%+ followed by a correction which is likely to lead to an altseason.
Do you believe BTC will surge past $80,000, or will it continue to move sideways until the halving?
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
📊#BTC correction is the best entry opportunity💪🧠Now that the cup-handle structure has been established, we only need to maintain a bullish view and don't be afraid that it will fall too much. When trading, we only need to strictly implement the plan and use the plan to manage risks instead of being dominated by emotions.💪
➡️The price is currently back near the monthly neckline and the yellow support band. Perhaps we will get support here. As long as our bull defense point is not destroyed, then we will continue to maintain our bullish view.🙏🚀🌕
The rest is left to patience.☕️
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
Bitcoin Long to 88KBitcoin holding a very important key area here.
DCA longed on this from below 68500.
Tight and Flat SL at 67650(1%)
If it holds here. Targeting 78k(easy one) and 88k.
Note : Not a Financial Advice.
🗺️Bitcoin Roadmap🗺️⏰(4_hour time frame)⏰✅Bitcoin broke the upper line of the classic Symmetrical Triangle Pattern a few hours ago.
🌊Regarding Elliott's wave theory , Bitcoin seems to have completed wave 4 with a Double Three Correction(WXY) in a symmetrical triangle.
🌊Currently, Bitcoin is completing microwave wave 3 of main wave 5 , which can complete around an All-Time High($73,777) ( or even a little higher ).
🔔I expect Bitcoin to start rising again to complete the main wave 5 after the pullback to the upper line of the symmetrical triangle and at least rise to the upper line of the Ascending Channel .
❗️⚠️Note⚠️❗️: If Bitcoin can break the 🟢Support zone($69,300-$67,800)🟢, the scenario will change and we have to wait for Bitcoin to fall further.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-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.
BTC NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that BTC has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
Bitcoin: Bullish Flag & Bullish Crossover,Upside Potential +16%?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:BTCUSDT
Bitcoin's recent rebound on the EMA 200 line, in conjunction with the breakout from the bullish flag pattern and a bullish crossover in the MACD indicator, collectively signals a robust continuation of the bullish trend. The rebound on the EMA 200 line holds particular significance in technical analysis due to its indication of a strong level of support, emphasizing the resilience of the bullish momentum. As a long-term moving average, the EMA 200 carries considerable weight in assessing the overall trend direction, with a rebound from this level suggesting that the underlying bullish sentiment remains intact. Additionally, the bullish crossover in the MACD signifies a significant shift in momentum towards bullish sentiment, while the breakout from the bullish flag pattern indicates renewed investor confidence and potential for further price appreciation. These technical developments provide strong confirmation of the potential for upward movement in the market, aligning with our designated target.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
📊#BTC will be pumped according to cup-handle structure🚀🌕🧠After 25 days of consolidation, we finally successfully constructed a cup-handle structure, which means that the selling pressure when it broke through the historical high has been successfully absorbed, which means that we will use this structure as a supporting force to rise. The ideal target can see more than 80,000+🙏🎯✔️
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
The big picture of BitcoinSince the beginning of this analysis, I have focused on the contents of the triangle pattern
but what happens if this pattern breaks out?
Where is the target?
On this occasion I will illustrate using a daily timeframe.
In this analysis, I deliberately started from major support.
This support is the strongest support for BTC, and if this triangle pattern breaks down,
then the worst scenario, bearish target will be to touch major support around the level of $49,555
or approximately a 25% drop from pattern support.
However, to achieve this figure,
BTC must successfully break down the bearish confirmation point level 64,756 with 1 full candle on the 4 hour timeframe
and if that happens, then cases of drops before the halving will probably be repeated like my previous analysis.
you can open it here
For the bullish scenario, if this pattern breaks up, it will take 1 candle at 4 hour time frame to come out completely (full body candle) above $71,454
and when that happens, party to all. Not just bullish on BTC, but on all cryptocurrencies, and BTC will rise 25% from pattern resistance to $86,913.
Do you expect it to fall to $49,555 first
or straight up to $86,913
Please comment, if there is a supporting chart, feel free to post it here.
Thank You
#Bitcoin bounced from our Support zone, What's next?#Bitcoin is currently encountering resistance. Is it a liquidity hunt around the all-time high (ATH), or a genuine breakout?
Nobody knows for certain! We're in a waiting game. Based on previous charts, we seem to be leaning towards Scenario 1.
A break and close above this level could potentially trigger a rally to a new ATH.
Fingers crossed for a positive outcome! 🤞
Caution:-
With just 10 days to go for the Halving, it's crucial to note that corrections often occur around halving dates. Exercise caution with your leverage positions.
I am spot long and ready to load any dips in Altcoins!
Conclusion:-
While BTC appears poised for a breakout, it's crucial to acknowledge the possibility of a correction in this area.
I'll ensure to keep you updated, so please remember to hit the like button and bookmark this chart for future reference! 📈
