BTCUSDTPERP
#BTC/USDT#BTC
We have a symmetrical triangle within which the price moves
We expect a strong movement, whether up or down
If it closed below the rectangle on a 4-hour frame at the level of 42000
By closing the 4-hour candle below, we will head to the 39,000 to 38,500 level.
If a 4-hour candle closes at the top of the rectangle at the level of 43500 and the close is above The price is expected to reach 46,500 to 47,000
You must follow the close above or below the rectangle to enter the deal
BTC/USDT: Brace Yourself! One More Bullish Move Expected 🚀
Bitcoin's price has been steadily dropping from 48k, leaving traders without any signs of bullish momentum candles. However, this may serve as the opportune moment for a cunning market move. 📉
As fear grips the market, buyers remain cautious about entering at these levels. But don't be fooled! There's a high chance we might witness a fake bullish move 🎢 in the coming days. 🚀
Market makers, notorious for their tricks, could shake the confidence of sellers by aggressively pushing the price up. 📈🙀 Once the market sentiment starts to shift, they could execute their shrewd plan and dump Bitcoin to as low as 35k. 😱 Only time will reveal their true intentions. Let's stay alert and see how things unfold.⌛️
Disclaimer: Remember, this is not financial advice, but rather an analysis of current market conditions. Always conduct thorough research and engage in trades responsibly. 💼💰
Next volatility period: around January 30thHello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT chart)
(1W chart)
The HA-High indicator is expected to be created at the 42141.24 point.
Accordingly, the key is whether it can receive support around 42141.24 and rise above 43823.59.
(1D chart)
The key is whether it can receive support around 41350.0 and rise above 42141.24.
If not, and it falls below 39845.44,
1st: 37253.81-38531.90
2nd: 32917.17-34110.32
You need to check if you receive support near the first and second levels above.
The M-Signal indicator and important trend line on the 1W chart are passing near the first section, so it is important to receive support in this section.
It fell below the psychological resistance range of 43160.0-43823.59, falling below the MS-Signal indicator.
And, the MS-Signal indicator has switched to a downward sign.
Accordingly, it has transitioned into a short-term downward trend, but if it receives support around 41350.0 and rises, it is expected that there will be a rebound to convert to an upward trend.
In order for the rebound to turn into an upward trend, the price must be maintained by rising above the MS-Signal indicator.
If it is not supported by the HA-High indicator and falls, there is a high possibility that it will basically touch the HA-Low indicator.
Currently, the RSI indicator has fallen below 50, so if the price falls further, there is a high possibility that a new HA-Low indicator will be created.
It appears that the HA-High indicator on the 1W chart is about to be created at the 42141.24 point, which is a higher point than near the first section where it was expected to be created.
Accordingly, the HA-Low indicator on the 1D chart is also expected to be generated at a higher price than expected.
If the HA-Low indicator appears to be about to be newly created, an important issue is whether support can be obtained in the vicinity.
The next period of volatility is around January 30th.
(4h chart)
However, it is necessary to check which section receives support or resistance after the time indicated on the chart.
The point that forms an important point from a mid- to long-term perspective is the 42283.58 point.
Therefore, the 42283.58 point corresponds to an important volume profile section.
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 area, you should check the movement when this area is touched.
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
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
The fate of crypto in 2024 2023 has been a good year for crypto, and we are nearing the end of the year.
But what will happen in 2024? Will we encounter a bullish market like 2023?
Before drawing conclusions, there are several key levels that you need to know.
If you pay attention, during December Bitcoin tried hard to penetrate 44,376.
This level is very important, because Bitcoin's minor support is getting higher and this support also determines Bitcoin's future fate.
If I zoom out, this minor support comes from the bullish rally, since October.
Will this support last until the halving?
Let's unpack pre-halving history
December 02, 2012 Halving
105 days before the halving, minor support broke and returned to major support. And it happened again 56 days before the halving.
The interesting thing here is, the bullish key level was broken after the halving.
July 02, 2016 Halving
Several times minor support was formed, broke, and return to major support.
Bullish key level broken 176 days after halving
May 03, 2020 Halving
Several times minor support was formed, but failed, and touched major support 52 days before the halving.
Bullish key level broken 161 days since formation.
April 21, 2024 Halving
We are currently 115 days before the halving.
Is the minor support broken and Bitcoin returns to major support before the halving?
By looking at the history of previous halvings, does not rule out the possibility that 2024 will start with a sell-off, Bitcoin will return to major support at the $32,000 level.
🚨Bitcoin is Ready to GO DOWN again🚨🏃♂️Bitcoin is moving in an Ascending channel with a low slope of 4 days .
🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($43,720-$43,100) 🔴 and near the upper line of the Ascending channel .
🔔I expect Bitcoin to move to the lower line of the ascending channel again and possibly break this channel.
❗️⚠️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 Concerning Weekly Overview.As long as $40k holds, we are in good shape. However, in case an unforeseen event unfolds, are you prepared? Do you have the necessary resources?
No one can predict the future with absolute certainty. As traders, our approach should involve readiness for every possible outcome. While buying every dip or selling every top is impractical, preparation keeps us ahead.
I'll be sharing my action plan after the weekly close. The last weekly close displayed concerning High Time Frame (HTF) divergences. If you're interested, be sure to follow for updates.
Currently, my investment portfolio is down by 5-6%, but with 40% in USDT, I have the advantage of buying dips. Regardless of circumstances, the next two years are likely to see an overall uptrend. The key is holding onto the right assets and learning from mistakes made in the past two Bull Runs.
Cheers, WAGMI
#cryptocurrencies
Introduction to one of the basic trading methodsHello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
Basic trading method
(How to purchase)
1. Aggressive buying when falling by more than -10%
2-1. Buy when there is an upward trend on the 1D chart (when the price is maintained above the MS-Signal indicator) and when the candle is a downward candle.
2-2. Buy when there is a downward trend on the 1D chart (when the price is maintained below the MS-Signal indicator) and when the candle breaks upward through important support and resistance points.
Therefore, buy when there is a rising candle.
(Selling method)
1. Split sale when it rises by more than +10%
2. Split selling when the high point cannot be renewed
-------------------------------------------------
The basic trading methods introduced above are methods that can be traded even if you are not familiar with chart analysis.
Among these, I will take the time to explain the trading method corresponding to 2-2 of the purchasing method.
You can know the trend based on the MS-Signal indicator on the 1D chart.
Currently, it has fallen below the MS-Signal indicator, and the MS-Signal indicator has been converted to a downward indication.
Therefore, it should be interpreted that there is a high possibility that the current downward trend will continue.
Therefore, in the basic trading method, you should buy when the candle is below the MS-Signal indicator on the 1D chart, that is, when it is in a downtrend.
Therefore, you should buy after confirming that the price breaks above the support and resistance points.
Basically, you can trade using HA-High, HA-Low indicators and box sections.
If you purchased when it fell more than -10% on January 12, you can proceed with a second purchase if it rises above the HA-High indicator.
You can proceed with aggressive buying when the HA-High indicator breaks above the 43450.03 point.
In that case, you will have to sell it in installments when it appears to be rising and then falling.
If you don't like it, you should check for support at 43450.03.
In order to confirm support, it is necessary to check for at least 1-3 days after rising above 43450.03.
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.
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
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
BTC Global overviewBINANCE:BTCUSD
On the weekly chart we have entered the sales zone. Our expectations are to receive a correction into the favorable zone for buying BTC indicated on the chart.
Priority to wait for the end of the correction and set the BTC position in the buy zone 30000$-35000$
P.S (This is not an investment recommendation, this is my personal opinion.)
BTCUSD 17/01Pair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Impulse Correction " ab " Completed. Consolidation Phase as an Corrective Pattern in Short Time Frame and Long Time Frame and Rejection from Upper Trend Line. Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line
BTC - HTF View (Up only scenario)In my last BTC idea i said it wasn't a good idea to be bearish and it turned out, indeed it wasn't.
Idea here is self-explanatory but it can look more cluttered when shared so a little explanation.
The whole thinking is shaped around the Nasdaq fractal and an up only scenario, which is unlikely IMO. Between the three, blue option is my favourite as it'll stop enough people and make many others short, but it'll be hard to predict where it reverses as well.
I'll share more ideas, which are more bearish at first but bullish later, but there are good reasons (FVGs, OBs, Harmonics and more) to push to 32 - 34s and even 36s and reverse from there.
BTCUSDT at daily support, likely to bounce to 46900The price was pushed down by the weekly resistance 1WR1. This was a significant drop which made the price drop by almost 15% from the recent high. The drop made the price land into daily support which is a strong support zone as there had been long accummulation in this area and therefore a sound bounce is expected from here. I think a long is favorable here. It is likely that this drop marks the bottom for the next leg up clearing the recent high. However, we focus on the current trade opportunity which has teh target of weekly resisatnce.
Where will the next Bitcoin price move?In 2023, the Bitcoin price followed a steady upward trend. This trend can be well "packaged" in a channel.
Where do you think the BTC price will go in early 2024?
The beginning of a correction with a final target of $32000-32500
or
Continued "creeping" growth to the $50,000 area
Pls, writing your opinions at the comments
Bitcoin can go UP by Descending Broadening Wedge Pattern🚀✅Bitcoin started to pump after the approval of ETFs by the SEC , but the technical analysis zones are still working, and I showed you all the movements of Bitcoin in the previous post .
🏃♂️Currently, Bitcoin is still moving in the 🔴Heavy Resistance Zone($52,100-$45,800)🔴 and the bottom of the ascending channel , but I expect Bitcoin to make another temporary rally .
🚀It seems that the formation of a Descending Broadening Wedge Pattern can be a sign of the increase of Bitcoin.
🔔I expect Bitcoin to go UP to at least the 🎯 zone 🎯 it indicated on the chart after breaking the upper line of the wedge pattern .
❗️⚠️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.
Bitcoin Scenarios for the Future Hours🧐👋Hi, everyone.
🌐Today, I want to explain to you the possible scenarios for Bitcoin; during the last week and the beginning of the new year 2024 , Bitcoin has been affected by the News , and we have seen Pumps and even Dumps , so before the SEC decision In the case of Bitcoin ETFs , it is better to trade a little more carefully . That's why I didn't consider Short or Long labels for this post.
🌐In general, ➕ Positive News ➕ about the approval of ETFs outweighs the ➖ Negative News ➖.
📚This positive news caused the Fear & Greed Index to re-enter the Extreme Greed zone(76) for the first time in 2/5 years . Of course, maybe you are Greedy too😊.
📈We can use technical analysis tools to analyze Bitcoin in the current situation to help us predict the future of Bitcoin.
⚔️Bitcoin is attacking the 🔴 Heavy Resistance Zone($52,100-$45,800) 🔴 for the second time .
🏃♂️If we look at the Bitcoin chart in the 1-hour time frame , we will find that Bitcoin has been moving in the Ascending Channel(Black) for about 7 days . However, on the daily time frame , Bitcoin is moving in an Ascending channel(Blue) .
💡In terms of divergence, Regular Divergence(RD-) can be seen between successive peaks of Bitcoin, but Bitcoin has already proven that this type of Divergence is definitely NOT the reason for a return , and at least we can understand that soon Bitcoin will enter a correction ( it is likely that Bitcoin will still With these divergences, the price will increase by about 20% .
🌊According to the theory of Elliott waves , Bitcoin seems to have completed one of its impulsive/correction waves above the lines of ascending channels and 🟡 Potential Reversal Zone(PRZ)($48,180-$47,250) 🟡. ⚠️I have two scenarios for the waves that I will share with you after the approval/disapproval of Bitcoin ETFs ⚠️.
💡Before concluding, let's take a look at Market Cap BTC Dominance% (BTC.D%) and Market Cap USDT Dominance% (USDT.D%) charts.
🔸 Market Cap BTC Dominance% (BTC.D%) :
After the positive news about Bitcoin ETFs , investors started investing more in Bitcoin, causing BTC.D% to go up for days. Currently, BTC.D% is moving in the 🟡 Potential Reversal Zone(PRZ) 🟡and near the Resistance line , and I expect this investor greed to end in the 🟡 Potential Reversal Zone(PRZ) 🟡 or 🔴 Heavy Resistance Zone(60%-%57) 🔴. Then, we will see a decrease in the strength of Bitcoin in the cryptocurrency market. We can see this decrease in the strength of Bitcoin after the final news of the SEC subsides.
💡 Tip : Until the return of BTC.D% is confirmed, it is better to invest less in Altcoins. 👇
🔸 Market Cap USDT Dominance% (USDT.D%) :
USDT.D% is moving in the 🟢 Heavy Support zone(5.80%-5.20%) 🟢, and it is attacking this zone for the first time, I expect that even if bitcoin ETFs are confirmed, USDT.D% will NOT break the🟢 Heavy Support zone(5.80%-5.20%) 🟢 and the Support line at least for this attack and at least until the 🔴 Resistance zone(6.70%-6.30%) 🔴 starts to increase, because there is a possibility that even after the approval of Bitcoin ETFs, the cryptocurrency market will enter a correction. 👇
🔔As a result, I expect Bitcoin to fall to the Fibonacci levels I marked on my chart in the coming hours ahead of the SEC approval/disapproval of Bitcoin ETFs . If it is confirmed , it will attack the upper lines of the ascending channels and 🟡PRZ🟡, and if it is not confirmed or even postponed in the vote, Bitcoin will lose the 🟢 Support zone($44,800-$44,160) 🟢 and ascending channel(Black) .
❤️In the end, here is some advice for you as a little brother:
🔸TradingView website has provided us with a suitable space to transfer our analysis, so it is better to use it and not waste our time on destruction or ugly comments.
🔸If you have any comments, please share them with respect.
🔸No analysis is 100%, so if you use analysis as an investment, it is better to follow capital management and take responsibility for it yourself.
🔸Please don't look at the words of Celebrities about the price of Bitcoin and other Altcoins as an investment; check their past, and the truth will be clear(These days they are hot).
🔸I hope we can use TradingView to increase our capital and knowledge.
❗️⚠️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.
Bitcoin (BTC/USD) Longterm. Key Levels between 30k -70k
Date: January 11, 2024
Overview:
Bitcoin has continued its ascent in the cryptocurrency market, showcasing a bullish trajectory on the weekly timeframe as observed on Bitstamp. This report delves into the key technical indicators to provide a comprehensive analysis of BTC's current market state.
Price Channel Analysis:
Bitcoin's price action has been contained within an ascending channel, indicating a strong bullish trend. The recent candles are testing the upper bounds of this channel, suggesting a possible resistance encounter. A weekly close above the channel may signal a further bullish continuation, whereas a rejection could lead to a retest of the lower boundary.
Z-Score Probability Indicator Analysis:
The Z-Score Indicator is showing a return to bullish sentiment with values currently in the green zone, which traditionally suggests a bullish market condition. The price level corresponding to the latest green peak is $48,829.25. The presence in the green zone is indicative of a potential continuation of the bullish trend.
Angular Momentum Analysis:
The Angular Momentum indicator has fluctuated around the zero line, indicating a market with a fair balance between bullish and bearish momentum. It currently remains above the zero line, which could be taken as a mild bullish signal.
Key Levels to Watch:
Resistance:
The market is currently testing a key resistance level, with the potential target at $58,679 if the upward momentum continues.
Support: Should a bearish reversal occur, the key support levels to watch are at $33,424 followed by $30,829.
Long-term Projection:
The chart displays a potential long-term price projection of $148,307, which would represent a 314.12% increase from the current levels.
Potential Strategy:
Traders might consider watching for a confirmed breakout above the current resistance for potential long entries, with the aforementioned upper channel line serving as a trailing stop. Conversely, a rejection at this level could offer short-term bearish opportunities with targets set at the nearest support levels.
Risk Consideration:
Given that Bitcoin is testing critical resistance levels, traders should be prepared for volatility and potential sharp price movements. It's advisable to use stop-loss orders to manage risk, especially in the event of a false breakout or a sudden trend reversal.
Conclusion:
Bitcoin's bullish structure remains intact, with the current test of the upper channel boundary being pivotal for future price direction. The indicators suggest that while bullish momentum is present, traders should remain cautious and look for confirmation before placing trades. As the cryptocurrency market is known for its volatility, maintaining a robust risk management strategy is essential.
This analysis is provided for informational purposes only and does not constitute financial advice. Traders should conduct their own research and tailor their strategies to their individual risk tolerance.
Why I'm holding onto my bearish outlook, 38k Bitcoin incoming?Even with BTC buyers pushing it to 47k,
they seem stuck outside the Bulls' original trend channel from back in December 2023. Numerous attempts to re-enter the channel failed, notably at $45,900 and $47,900, resulting in catastrophic rejections.
While some may see this as bullish, it signals strong bearish potential. If the weekly chart doesn't close above $45,900, we might witness sideways movement through January, with a potential unexpected dump by February. Stay cautious, especially as BTC ETF approval could exacerbate the impending dump.