BTCUSDTPERP
🗺️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👀
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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! 📈
BTCUSDT at daily support and likely to head upAnd here comes the setup as promised. The price has hit the daily support and has bounced from there although not significantly. Howeverm it is currently trading above that zone and it seems likely that the price will push upwards during the day and that should result in a green daily candle today. We will reevaluate the price action at the end of the day to see where we might be heading. But for now this is the plan as presented below.
BTC Upside and Downside ScenariosThe Positives:
Bitcoin is moving in a triangle formation, which is a continuation pattern.
Bitcoin is also above the 21D.
The challenges:
1. Bitcoin is at the triangle's resistance, and the yellow Gann angle also acts as resistance.
Possible Outcomes:
1. Bullish breakout. A breach of the 70K level opens the door to price appreciation, possibly as high as 82K.
2. Rejection. If Bitcoin is rejected at resistance, the immediate support levels are:
a. 67.9 – 21D EMA
b. 66K – triangle support.
c. 63.7K – 50D EMA.
d. 60.5K – Orange Gann Angle.
Additional considerations:
The following factors may influence the market participant’s behavior:
a. Mercury is retrograde — Price volatility and overall erratic behavior, especially related to news announcements and communication malfunctions. The retrograde period ends on April 25th.
b. Solar Eclipse – A solar eclipse is not necessarily a “bad omen.” However, it could influence the price. Call it a self-fulfilling prophecy.
c. Mars-Saturn conjunction may exert selling pressure.
Conclusion:
The weekly and daily TFs confirm we are at an uptrend. I am looking for long trades. Whatever happens, let the chart show you the way. If God blesses us with a dip, consider it an opportunity.
BTC Big triangleAfter BTC reach bearish target at por previous analysis, BTC go down a little more to to perform a big triangle pattern.
if this triangle support able to hold bearish, next bullish target at triangle resistance at 70.763
But if this pattern broken down,.. I will make a new analysis.
Good luck
📊#BTC next structural evolution☕️🤷♂️There was not much trading volume over the weekend, and it was in a complex consolidation phase recently, so the entire market did not change much.
🧠Based on the previous analysis posts of different cycles, the structures we can most likely build here are the cup-handle structure and the ascending triangle structure.
➡️If it is a cup-and-handle structure, then we will soon see an upward breakthrough, and the step back after the breakthrough is our entry opportunity.
➡️If it is an ascending triangle structure, then we still need to wait for a period of time, waiting for the price to be compressed to the smallest possible space before it starts to explode. When it breaks through the upper edge of the ascending triangle, it is our entry opportunity.
⚠️Note that if the price falls below the bull defense point, it means that the probability of a sharp adjustment increases, and the most pessimistic scenario may occur.
☕️Which scenario would you most like to see happen? Please leave your views in the comment section.👇
Cryptolean Bitcoin BTC UpdateDaily Chart
Bitcoin price is trading in the daily range zone between $65,400-$70,838 and forming a corrective structure (most likely, a triangle), before another bullish extension.
The daily candle closure and a sustained price action above $70,838 or, even better, above $71,604 will push Bitcoin price towards $77,250 and, possibly, higher to $82,890, the new ATH.
However, on the way to the key resistance around $77,250, BTC will have to deal with a minor resistance at $73,761.
Below $65,400, the key daily support, BTC will decline towards $62,450 support, and lower to $58,990.
Support once read.
Thank you!
⚠️Bitcoin is Ready to Go Down again by Wedge Pattern⚠️🏃♂️ Bitcoin is moving near the 🔴 Resistance zone($69,000-$67,800) 🔴.
🌊According to Elliott's wave theory , Bitcoin seems to be completing wave 4 .
📈The Classic Ascending Broadening Wedge Pattern is also visible in the chart.
🔔I expect Bitcoin to fall to at least near the Support line after breaking the lower line of the Ascending Broadening Wedge Pattern .
❗️⚠️Note⚠️❗️: If Bitcoin can break the 🔴 Resistance zone($69,000-$67,800) 🔴, the scenario can be bullish, and Bitcoin will go to a new All-Time High(ATH).
❗️⚠️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 has a chance to form a cup-handle structure📈🧠It's a pity that we didn't continue the momentum of the double bottom bull structure. And it fell below the support zone, and the support zone turned into a resistance zone again. Since our monthly closing price closed above neckline 2, the probability of us continuing to rise is still very high, so we can still be bullish.📈
➡️Therefore, if the price returns to the uptrend support line again and forms a good rebound, we can build a large cup-and-handle bullish structure from here. Using this structure as support and starting to rise, we should be able to easily break through the upper resistance zone.💪
⚠️Note that this view will be invalidated if the price falls below the bull defense point.
Let's see👀
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BTC is showing Bullish Pennant Pattern in the 1D time frameBINANCE:BTCUSDT.P
BTC is showing Bullish Pennant Pattern in the 1D time frame and the price may increase between 71k and 73k if support is found from the underlying trendline. brake the trendline below, price can down between 61k and 60k!🌈🍀
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
BTC/USDT UPDATE Bitcoin's recent price action has seen it fill the CME gap, suggesting that selling at current levels may not be the most strategic move. Instead, this zone is now viewed as a buying opportunity. I anticipate that Bitcoin will reach 76k in the coming days. There are two likely scenarios: the first involves a direct bounce from the current zone, while the second entails a temporary drop below support to clear out panic sellers before resuming the upward trend to 76k. Personally, I favor the second scenario, as I believe Bitcoin will first induce traders to sell before initiating a strong bounce. Overall, my sentiment is bullish on Bitcoin's outlook.
🚨Bitcoin Analysis🚨✅As I shared with you in previous posts, Bitcoin attacked the 🟢 Support zone($69,000-$67,800) 🟢 two times.
🏃♂️Bitcoin is moving in the 🟢 Support zone($69,000-$67,800) 🟢 and near the Support line .
🔔Based on Market Cap USDT Dominance% (USDT.D%) conditions, I expect Bitcoin to rise to $70,200 at most and then attack the Support line . The Rising Wedge Pattern is still Valid .
💡Bitcoin also seems to be completing a pullback to the lower line of the symmetrical triangle .
❗️⚠️Note⚠️❗️ : If Bitcoin can break the Resistance lines , we can expect a new All-Time High(ATH) for Bitcoin.
❗️⚠️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.
BTCUSD Bullish channel up vs triangle consolidationWe can see that BTC perform 2 pattern :
BULLISH CHANNEL UP
This pattern still perform but cannnot break triangle resistance.
to make sure bullish, $71.472 must break up and if we have it, next bullish target at any price at channel up resistance
but before this pattern broken down, we still have one classic support and resistance around fibonacci 0.382
$68.544 will hold bearish.
TRIANGLE PATTERN
This is neutral pattern, target depend on breakout direction.
If this pattern broken down, bearish target around fibonacci 2nd support level at $66.169
I will monitoring this analysis, and update as soon as possible if we have a break out
dont forget to support this analysis to get a quick notification for it.
Bitcoin Breakout TradeSince making an ATH on March 14th, Bitcoin has been in a correction.
Following the March 20th bottom, Bitcoin is making HHs and HLs.
I have my reservations about the PA. However, the price is what matters. We trade the chart. Not our opinions.
On the 4H chart, bitcoin forms an ascending triangle.
It tried to break above the 0.786 fib retracement at 71.1K four times.
Should the fifth attempt be successful, the target is 82K.
Wait for confirmation!
Trade Idea:
Entry: 71.1K
SL: 70.4K (micro s/r level)
TP: 74K, 82K.
R: R: 1:4 to first TP.
NFA.
What do you think? Please share in the comments.
Best wishes.
⚠️Bitcoin Can Dump By Rising Wedge Pattern⚠️🏃♂️Bitcoin is moving near the 🔴 Resistance zone($73,700-$71,800) 🔴. Above the 🔴 Resistance zone($73,700-$71,800) 🔴is also an important 🟡 Potential Reversal Zone(PRZ)($82,800-$73,700) 🟡.
📈From the point of view of Classic Technical Analysis , it seems that Bitcoin has succeeded in breaking the lower line of the Rising Wedge Pattern , and there is also the possibility of forming a Double Top Pattern .
📈We can also look at the Market Cap USDT Dominance% (USDT.D%) chart for a better analysis of Bitcoin. Yesterday, I analyzed USDT.D% for you.
📈 USDT.D% has succeeded in breaking the upper line of the Falling wedge, and this is good news, which confirms the breaking of the lower line of the Rising Wedge Pattern in the Bitcoin chart.👇
📈Also, the Market Cap BTC Dominance% (BTC.D%) chart will also be bearish and can help the fall of Bitcoin.👇
🔔I expect Bitcoin will Go Down at least to the 🟢 Support zone($69,000-$67,800) 🟢, and if it breaks, we can expect BTC will go down to the Support line and Fibonacci cluster.
❗️⚠️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 bull structure intact📈🧠We started to rebound after completing the hourly correction, and there was a large divergence after reaching the stage resistance zone, so it is reasonable for us to fluctuate sideways here.
➡️And I also said in my previous post that after we completed the daily-level and weekly-level goals, there was no adjustment corresponding to the cycle, so we are expected to have a large-cycle adjustment here. If we want to do a large-scale Cyclical adjustment, then it is more reasonable to start from here. As for whether such an adjustment will occur, I don't know, and we don't need to guess. We can just use the trading plan to defend.
➡️If there is a major cycle adjustment, then we will look for buying opportunities in the buying zone of the corresponding cycle.
⚠️Before such an adjustment occurs, we should continue to maintain a bullish view, because the double bottom long structure here is intact, so if it continues to rise and breaks through the previous high, then we will obtain more profits. If we continue to adjust, we will not lose anything.
Let's be more patient☕️
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BTC 90K is not for away!We have entered the second quarter where markets will make sharp movements.
Determining the ranges beforehand is a master's work and not accurate. However, I think the points I have highlighted in blue have the potential to create a nice range.
After the deviations here, I think the price could suddenly reach 90K. Before this 90K move, maybe we will make deviations in the red boxes and see a retest to the 0.5 point. In this case, I want to build a long position with 3% risk by adding another 1.5% to my position.