📊#BTC Bearish Head and Shoulders📉📊#BTC Bearish Head and Shoulders📉
🧠The downward trend line is broken, which means that wave 5 has ended, that is, the previous adjustment has ended. The end of the adjustment does not mean that the rise will continue, and it may also evolve into a larger downward structure.
➡️Structurally, we have a bearish head and shoulders formation near the sell zone, so we can expect a pullback. Since there is a double bottom structure below as support, we are still in the rebound stage, so the bearish head and shoulders here can only be expected conservatively.🙏
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BTCUSDTPERP
📊#BTC reaches phased resistance zone⚠️🧠We rebounded after reaching the phased buying zone. At present, all the goals of the bullish structure of the small double bottom have been achieved, and there is an expectation of a callback. In addition, the response to touching the downward trend line is good, indicating that it has a strong support and resistance effect. The neckline is also considered an important resistance line, so we come to the multiple resistance zone. Only if we break out of this range will we see a strong move higher.‼️
➡️From a wave theory perspective, Wave 5 has not yet occurred, so there is an expectation of further declines.📉
Don’t forget risk management💯
✔️Trade safe✔️
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BINANCE:BTCUSDT.P
BTC bullish patterns are printed BTC / USDT
We can see BTC is finally starting to print bullish patterns
1st Pattern : Bull Flag
This is strong bullish pattern and will be activated once we breakout the upper purple resistance line
2nd Pattern : Inverse H & S
This potential pattern is still under formation
If this pattern plays out ..,then BTC could revisit 65k-62k to form the second shoulder before next wild pump &breakout
My view is bullish priority for BTC but the question is which scenario will playout ? are we going to make breakout directly or visit the lower levels first
Best of wishes
🚨Bitcoin will Fall by Failed Falling Wedge Pattern🚨❌ Bitcoin failed to break the 🔴 Resistance zone($65,700-$67,520) 🔴.
📈From the point of view of Classical Technical Analysis , the Failing Wedge pattern failed, and since if the reversal pattern fails , the pattern will have a continuing role , the Bitcoin fall is still expected.
🔔I expect Bitcoin to continue its downward trend after the rise to the lower line and 🟡 Potential Reversal Zone(PRZ) 🟡again.
❗️⚠️Note⚠️❗️: If Bitcoin touches $65,500 , the bullish scenario can change, I will talk about the importance of this number in the next posts .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
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.
#BTC/USDT Latest Update.#Bitcoin: I've said it many times, don't get distracted by short-term price action.
The price is likely to hit the $100k mark this bull run.
Don't give up when opportunities arise!
I'm still holding my longs on LSE:ONDO , NYSE:FET , CRYPTOCAP:DOGE , CRYPTOCAP:RNDR and $INJ.
CRYPTOCAP:DYDX Stop loss hit, considering a re-entry.
I will also accumulate long in $NEAR.
I'll be out for the day, but if anything important comes up, I'll post from my phone. Catch you soon.
Cheers!
Do hit the like button if you want me to post more Altcoin Trade Setups.
#PEACE
🗺️Bitcoin Roadmap🗺️⏰(15-minute time frame)⏰🌐 Bitcoin seems to have started to increase under the influence of Ethereum ETF news ➕ Inflows into Bitcoin ETFs hit $237 million on Monday .
🏃♂️ Bitcoin is currently moving near the 🔴 Resistance zone($73,780-$71,920) 🔴 and the Resistance line .
🌊According to the Elliott wave theory , Bitcoin seems to be completing microwave 4 of the main wave 5 .
🔔I expect Bitcoin to Attack the Resistance zone after the completion of micro wave 4 from the main wave 5 .
❗️⚠️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.
BTCUSDT likely to head down from hourly resistance around 68.3kHere is a short idea. The price has bounced several times from hourly support but is likely to break it on the next drop. The price may hit hourly resistance HR1 first before that and then reverse from there triggering our short trade. The price is likely to go down towards the target of this trade around 68.3k. Lets see where it goes.
📊#BTC reaches maximum resistance zone✔️🔥The market developed as expected. Although we did not participate in it, we have already made enough profits. This is how futures trading is. We must learn to miss opportunities. There are many opportunities in the market, and we cannot seize them all. As long as we seize them One or two chances to stay is enough.
➡️From a structural point of view, the weekly adjustment band may have ended. The end does not mean that it will continue to rise. Therefore, it is very dangerous to chase the rise in this area. Instead, it is reasonable to look for opportunities to try short selling. Unless we can break through ATH, a successful breakthrough means that new upside space is opened, then we should wait for a good callback to appear and look for buying opportunities in the new buying zone, and the new buying zone needs to wait for the market to build a new We will know the structure.
☕️Let's be more patient and wait and see.👀
Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
BINANCE:BTCUSDT.P
BTCUSDT at hourly support, likely to bounce towards 71.2kThe price has hit the weekly resistance WR1 and has pulled back from there. The price has been pushed down from that resistance and it has now hit hourly support HS1 on this pullback. This support zone will provide support to the price and the price is likely to bounce enough for a long trade opportunity. We try this long trade towards weekly resistance around 71.2k area. If we lose this support then we are going likely for the daily support zone.
#BTC/USDT PLAN A and Our PLAN B?Welcome to this extensive analysis of Bitcoin.
Bitcoin is poised for a major breakout. If it surpasses the FWB:67K level, we could see $100k by the end of the year. This is Scenario 1, as depicted in the chart. All the fundamentals align with the technicals, and the crypto community is increasingly bullish.
Logic suggests we could be on the cusp of a significant rally.
Scenario 2: What If Another Dip is Imminent? - I know you won't like it!
Remember how every major loss caught you off guard? It happened to me frequently when I was new to the game. I've learned from those mistakes and now prepare for all market surprises.
I'm not saying I'm bearish, but a short-term dip could liquidate many positions, paving the way for the biggest wave to $100k. In Scenario 2, we could revisit the untested GETTEX:52K level. Are you prepared for that? Most aren't.
Imagine if you were ready for these dips—how much money could you have saved?
How to Prepare for Both Scenarios
I'm invested in strong altcoins and hold enough USDT to buy more. I've been holding BTC for a long time and don't plan to sell before $100k. I don't believe in "long-term" altcoins; I flip them to increase my Bitcoin holdings. Many altcoins from 2017 are no longer listed or have died out. The strategy is to find the right ones, enter, DCA, and close with a profit without looking back. The plan is to keep at least 30% in USDT to buy alts and BTC if Scenario 2 happens.
If not, we'll be more than happy to see $100k.
Conclusion:
Though BItcoin looks Bullish, no one knows for certain where the market will go, so we must be ready for all possible outcomes. Keeping a stable reserve is crucial in this market.
If you find my logic and reasoning rational, please hit that like button and share your views in the comments.
Thank you.
#PEACE
Bitcoin Analysis (It's time for Bears🐻🧸🐼)✅ As I expected , Bitcoin reached the 🔴 Resistance zone($65,700-$67,520) 🔴.
🌊According to Elliott's wave theory , Bitcoin is completing wave 5 .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
📈Looking at the Market Cap USDT Dominance% (USDT.D%) chart , I see that USDT.D% has completed its Zigzag correction(ABC/5-3-5) in the 🟢Support zone(4.72%-4.53%)🟢. We should expect at least a temporary growth of USDT.D% , which means that Bitcoin should have a minimal correction.👇
🔔I expect Bitcoin to start falling from the 🔴 Resistance zone($65,700-$67,520) 🔴 and continue falling to at least the 🟢 Support zone($65,700-$64,180) 🟢 and the 50_SMA(Daily) .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 2-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.
Important section: 65233.64-70231.38Hello traders!
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(USDT 1D chart)
USDT is expected to gap up.
(USDC 1D chart)
USDC is also expected to increase its gap.
I believe that the rising gap between USDT and USDC is a sign of funds flowing into the coin market.
(BTC.D 1M chart)
Rising BTC dominance means that funds are being concentrated towards BTC.
Therefore, if BTC dominance maintains an upward trend, altcoins are likely to sideways or decline.
In particular, if the altcoin rises beyond the 55.01-62.47 range, it is highly likely that the altcoin will see a larger decline, so you need to think about countermeasures against this.
(USDT.D 1M chart)
A falling USDT dominance means that the coin market is likely to rise.
However, you need to check it comprehensively with BTC dominance.
Therefore, if USDT dominance shows a downward trend while BTC dominance maintains an upward trend, caution is required when trading altcoins as only BTC may form a rising market.
In order for the coin market to show an overall upward trend,
- BTC dominance remains below 55.01 or shows a downward trend,
- USDT dominance must remain below 4.97 or show a downward trend.
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As funds flow into the coin market, altcoins, including BTC, are also showing an upward trend.
However, since BTC dominance maintains an upward trend, it is highly likely that altcoins will not be able to keep up with BTC's rise and will gradually move sideways or even decline.
(BTCUSDT 1M chart)
It appears that it has touched the second section and is trying to rise to the first section.
If the price is maintained above the second section, which is the most important section on the 1M chart, it is expected to continue its upward trend.
(1W chart)
If the price remains above the important upward channel, the upward trend is expected to remain.
The HA-High indicator on the 1W chart is formed at 65233.64, so if the price holds above this point, there is a possibility of renewing the previous latest high.
However, since the previous latest high is the new high (ATH), caution is required when trading.
As this corresponds to the current period of volatility on the 1W chart, we need to check whether the price holds above the important rising channel and above the 56K-61K range until around the week of July 29th.
If not, and it falls, there is a possibility that it will ultimately fall to around 42K-43K.
Accordingly, it is necessary to check whether support is received around 53256.64 or 44200-47600.
If the uptrend is maintained by renewing the previous high point, the target range is expected to be around 1.618 (88913.24).
(1D chart)
It is currently rising along the formed short-term upward channel.
In order to show a full-fledged upward trend, the price must be maintained by rising above the HA-High indicator on the 1D chart.
Currently, the HA-High indicator on the 1D chart is formed at 70231.38.
Therefore, the area around 69K-70231.38 could be a resistance area.
If we interpret this differently, if it shows support around 70231.38, it can be interpreted as the last buying period before a full-fledged uptrend begins.
Therefore, in order to buy at the last buying period, you must have bought when it was supported and rising near the HA-Low indicator.
If not, there is a possibility that you may feel psychologically uneasy when purchasing around 70231.38.
If you buy with psychological anxiety like this, you may proceed with the transaction erratically, so you need to be careful.
Fortunately, the HA-High indicator on the 1W chart is currently formed at 65233.64.
Accordingly, from a mid- to long-term perspective, the current price position, that is, around 65233.64, corresponds to the last purchase period and thus is the buying period.
This period of volatility will be around May 19 (May 18-20).
Therefore, we need to see if the price can be maintained above 69K after this period of volatility.
If not, and it falls below 65233.64, you should touch the important trend line, i.e. around 62791.03 and see if it rises.
The box section of the HA-High indicator on the 1D chart spans 65086.86-72797.99.
Therefore, even if the price rises above 70231.38 and maintains the price, there is a possibility of resistance around 72797.99, so caution is required when trading.
Currently, the BW indicator appears to have touched the highest point of the overbought range.
You can see that the strength of the rise is that strong.
However, since the StochRSI indicator has also risen to the overbought range, the key is whether support can be received at the support and resistance points indicated on the current chart.
Therefore, support around 66401.82 ~ 1.13 (67031.36) is expected to be an important issue.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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📊#BTC is worth paying attention to the short and long range👀🧠Structurally, a large double-top bearish structure holds true and we are in the midst of a weekly-level correction. It is currently in the rebound stage, and the goal of the double bottom structure has not yet been achieved, so we still have the possibility of rising, so don’t rush to go short, wait patiently for the price to reach the heaviest resistance zone (68888-71188) and look for a short structure above the hourly level. .
➡️If we are very strong and reach new highs, then a good callback will also be an opportunity for us to participate in the long position again.
🔖For opportunities to participate in spot trading, you can focus on the target area of the large double top bearish structure (39633-47700)📈
Don’t forget risk management💯
✔️Trade safe✔️
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MACD indicates flat momentum!After breaking the descending trend line, the RSI now holds above its former resistance-turned-support.
100EMA is working as support.
However, the MACD indicates flatlining momentum with no clear direction. Despite nearing a bearish crossover, we lack momentum for significant short-term movement. Expect subdued price action or sideways movement due to this lack of momentum and a weak trend in either direction.
#Bitcoin #Crypto
🚀Bitcoin will Go Up after Pullback🚀💡 Bitcoin managed to break the 🔴 Resistance zone($65,700-$64,180) 🔴, Resistance line and 50_SMA(Daily) yesterday.
💡 Bitcoin seems to be completing a pullback right now.
🌊Regarding Elliott wave theory , Bitcoin seems to have completed the main wave 3 above the resistance zone and is currently completing wave 4 .
📈In terms of Classic Technical Analysis , Bitcoin managed to break the resistance zone , resistance line, and 50_SMA(Daily) with the help of the Inverse Head and Shoulders Pattern . Bitcoin seems to have increased at least to the 🎯Target🎯 of this pattern.
💡Let's take a look at the Market Cap USDT Dominance% (USDT.D%) chart .
💡 USDT.D% seems to start falling after reaching the 🔴 Resistance zone(4.92%-4.87%) 🔴, which is in line with Bitcoin's analysis. ⚠️The scenario will change if USDT.D% can break the resistance zone⚠️.👇
🔔I expect Bitcoin to rise to the next 🔴 Resistance zone($65,700-$67,520) 🔴 after the completion of wave 4 (pullback) .
❗️⚠️Note⚠️❗️: If Bitcoin falls below the 🔴 Resistance zone($65,700-$64,180) 🔴, the scenario will change.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 2-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.
Btcusdt Long setupBtcusdt made a cup & handle pattern on price action
handle of the cup or flag is in the making we can trade between
the range.
Buying is recommended at the area of
54650 to 44700 with the stoploss of 36900
For the target area of Tp1 84000 Tp2 115000 & trail.
If you're a leverage trader buy at above the
breakout area of 74000. SL below 66000
Target remains the same
I'll share a short-sighted RBI of Bitcoin#BTC
Hi, Friends!
Good to see you all.
I hope you have a joyful weekend.
Let me explain the short-term perspective of Bitcoin
■ The BLUE resistance line has not been able to break through upward.
■Bearish Divergence as RED appears.
■Red short-term uptrend line is broken down.
■ Expected to fall after retesting.
📊BTC bull target zone achieved, alert to pullback risk⚠️🧠Adjustments at the weekly level are underway, so we still need to be alert to the risk of a pullback.
➡️From a structural point of view, the level of the double top bearish structure is significantly larger than the level of the double bottom bullish structure, so we may have difficulty reversing expectations of further corrections in the correction. Moreover, the resistance here is multiple at present, so if an hourly level short structure is constructed in the selling area, we can try to go short.📉
⚠️Note that if the short defensive point is breached, then the short structure will be destroyed and the expectation of further correction will be invalidated.❌
Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BTCUSDT at daily resistance, likely to pullback to 64khe price has finally hit the daily resistance DR1 and that triggers my short trade idea from there.
I think the price will pullback here towards low timeframe support LTFS1.
Therefore LTFS1 is the target of this short trade. Lets see where it goes from here. Let me know what you think in the comments.
✈️Bitcoin is Ready to Pump✈️🏃♂️ Bitcoin is moving in the 🔴 Resistance zone($63,440-$62,690) 🔴
🌊According to the theory of Elliott waves , Bitcoin seems to be forming a main wave 3 (the next 5 impulsive waves).
📈In terms of Classic Technical Analysis , Bitcoin has succeeded in breaking the upper line of the Descending Broadening Wedge Pattern .
💡Looking at the chart of Market Cap USDT Dominance% (USDT.D%) , we can see that USDT.D% managed to break the Support line and expect a drop to the 🟢 Support zone(4.72%-4.53%) 🟢 as I expected in the " USDT.D% will ⚔️Attack⚔️ to Support zone again " post.👇
🔔I expect Bitcoin to rise to at least the 🔴 Resistance zone($65,700-$64,200) 🔴 and the 50_SMA(Daily) .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
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.
📊#BTC target area is realized, beware of falling back!🔥When the ideal target zone is realized, there is an expectation of a callback, so we choose to close the position after reaching the target zone. Congratulations to the friends who followed Wolf King to print money and obtained a rate of return of 800%+.🎉💰🍻
🧠From a structural point of view, we have broken through the turning point, so the bull structure of a larger cycle has been established, so we still have a bullish view. Therefore, if the price can return to the buy zone marked on the chart and build a 1h level long structure, we can focus on it.
Don’t forget risk management💯
✔️Trade safe✔️
💕 Follow me so you don't miss out on any signals and analyze 💯