Btcusdtrade
BTC.D Predicts 38K BTC SoonI have been tracking the BTC.D Wyckoff Accumulation 3 Days Chart since last year and have posted its progress through all the Wyckoff Phases regularly.
It's time for another update on this.
So, in my last update we have seen BTC.D break up from the Accumulation zone and hit first resistance. Now it has come back down to test the Breakout zone.
As per the Wyckoff model, this is where the actual breakout happens.
Also, I have highlighted that BTC.D has been moving up in an upwards parallel channel and you can see what happens to BTC when BTC.D taps the lower edge of the parallel channel.
It has tapped the lower edge three times in the past since the 15K bottom which resulted in an average move of approx 45% in coming days and weeks. If this pattern continues, we should see 38K BTC very soon.
BTC Butterfly Pattern (entry 29100)4h time frame
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Bitcoin is approaching the falling trendline which Ethereum already broke out, so we can predict Bitcoin tend to go upside in near future. Also, Bitcoin is creating a potential bearish harmonic pattern_butterfly, which utilize 1.272 Fibonacci Projection to estimate PRZ at 28900~29100. Further, combining our previous analysis of potential Head and Shoulders structure, the top of right shoulder might appear at the range 29150~29500. Therefore, once Bitcoin maintain this pumping momentum and go into this zone, we can observe whether reversal PA appear, then it could be the best short entry before this bear bottom.
Bull Run For BTC Traders. My Trade Lookout. {24/09/2023}Educational Analysis says BTCUSD may go Long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker Binance.
Because BTCfair value gaps are unfilled in a 4-hour time frame.
So one trade is already on with RR is 1: 17.43
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
🟢 BTCUSDT 🟢 LONG - Globally 23-321-day Chart - BTC BINANCE:BTCUSDT COINBASE:BTCUSDT BITTREX:BTCUSDT BINANCE:BTCUSDT.P
After a forceful downward movement, we witnessed a rebound in the nearest FTA zone.
I anticipate a downward movement towards the 23000 mark, with a potential breakout to the 27500 level.
Following the downward movement and potential SMR manipulation, I plan to observe a near-term target at 32500.
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Bitcoin IdeaHi trader....
No comment!
Resistance and support points were marked on the chart
Bitcoin idea BINANCE:BTCUSDT
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
BTCUSD - BTCUSDT
Please send me the name of the currency pair or index that you intend to review and analyze.
BTCUSDT - AnalysisBTCUSDT
W1 - The price is trading in the channel - 31830 - 24860. The most likely scenario is that the price may remain in the channel in the near future, and we can expect the price to move to the level of 31830.
To determine the exit from the channel and the possible start of continued movement:
Long – consolidation and retest of level 31830. Further upward movement to levels 45880 – 68680.
Short - consolidation and retest of the level of 34860. Further movement down to the levels of 19500 - 15470.
What can you expect?
Movements within the channel - with targets 28110 - 30880
Long
Targets - 27300 - 28110 - 28930
Long-term perspective – targets 28110 – 28930 – 30880.
Bitcoin - Nobody expects such a move.3 month liquidity hited. Level 31730.
6 month liquidity hited. Level 31730.
these levels also coincide with the fibonacci level. this is the seller's discount zone 0.5%
What is interesting is that the monthly high was also taken out, by the previous maximum.
There is still a gap below that needs to be covered.
Nobody expects such a move.
Recently, miners have put bitcoins on exchanges to hedge, I don't know how to find this information correctly.
There is no greed in the market, but there is some liveliness of the market, I started to hear a lot about 32 35 40 thousand dollars for bitcoin from some young analysts.
These are all thoughts in the ear, if you have an alternative opinion, please write.
BTC makes False-breakout again1h time frame
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This market got a comparable big dump yesterday, then BTC creates a false-breakout at 25000 such like the scenario occurred on June 23rd.
The Price Action increases the possibility about right shoulder pattern, which top is around 28350~29150.
We are still under the downtrend on higher time frame, so avoid putting lots margin on long, better to find opportunity to open short!
BTCUSD Long Term BUYING Trading IdeaHello Traders
In This Chart BTCUSD DAAILY Forex Forecast By FOREX PLANET
today BTCUSD analysis 👆
🟢This Chart includes_ (BTCUSD market update)
🟢What is The Next Opportunity on BTCUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
BTCUSD 4H (Pivot Price: 25612)BITCOIN
stabilizing above 25982 will support rising to touch 26753 then 27416 then 28326
stabilizing under 25612 will support falling to touch 25303 the 24656
Pivot Price: 25612
Resistance prices: 26753 & 27416 & 28326
Support prices: 25303 & 24656 & 24039
timeframe: 4H
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Bitcoin Reaches Close to Death CrossI write to you with a cautious tone as a significant development is occuring in the Bitcoin market: the dreaded "death cross."
As many of you may already know, the death cross is a technical pattern that occurs when an asset's short-term moving average crosses its long-term moving average. In simpler terms, it signifies a potential shift in market sentiment from bullish to bearish. Unfortunately, our beloved Bitcoin has just experienced this ominous event.
While it is crucial to acknowledge that technical analysis is not always an accurate predictor of future price movements, the death cross has historically been associated with increased selling pressure and a potential downtrend. This pattern has caused concern among traders, prompting us to take a momentary step back and reevaluate our strategies.
Considering this development, I encourage you to exercise caution and consider pausing Bitcoin trading. It is essential to reassess your risk tolerance, evaluate your investment goals, and diversify your portfolio to mitigate potential losses. Remember, preserving capital is just as important as generating profits.
As seasoned traders, we understand the allure of cryptocurrencies and the potential for significant returns. However, it is crucial to remember that the market is highly volatile and subject to rapid changes. Taking a momentary pause to analyze the situation and gather more information can be wise.
I urge you to stay informed about the latest market trends, news, and expert opinions. Consult financial advisors or trusted sources to gain insights and make informed decisions. Remember, knowledge is power in the world of trading.
While feeling uncertain during such times is natural, it is also important to remain level-headed and disciplined. As the saying goes, "The market is always right." By exercising caution and adapting our strategies accordingly, we can navigate through these challenging times and position ourselves for future opportunities.
In conclusion, I encourage you to pause Bitcoin trading, reevaluate your approach, and gather more information before making any hasty decisions. Let's take this moment to reflect, learn, and adapt our strategies to the current market conditions. Together, we can navigate these uncertain times and emerge stronger.
BTCUSDT, Long from a crucial supporttBTCUSDT has been a bearish trend since it rose to $28,143 on 29th August 2023. The bears have been able to bring down the price to equal lows since 22nd August at $25,331.
Price is currently reacting on a month support ($25,836) and a break below this level could further plunge the price to $21.410.6
What do I expect?
The current price is exactly reacting at the base of the trendline support of the ascending channel since 19th January 2023 and the bears are losing momentum at this level which is the reason why the bulls will overtake the bears to drive up the price to $26,606 and further to $27,601 in the coming days.
Don't worry, we're still on an uptrend in the long run!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
BTC is breaking through the 26700 support and the MA-200, producing a strong bearish momentum, but it is not breaking through the bullish channel. In terms of the global picture, the price remains on the rise.
Take note of the weekly chart to the left. Price is gaining pace and making a strong distributive move into the significant support level of 25000. The level is crucial to us since it includes two confirmations, one from the seller and one from the customer. I believe that another retest, particularly following the distributive movement, will result in a reversal or, at the very least, a significant bullish reaction.
Traders are waiting for fundamental confirmation before taking action on cryptocurrency. At the moment, it is the SEC's approval of BTC-ETF futures applications. This will breathe new life into the market.
Most likely, this movement within the uptrend was initiated in order to purchase the asset at a cheaper price before continuing rapid rise.
Moving averages are functioning as a barrier. The market is in a period of correction.
Levels of support: 25000, 24819
Levels of resistance: 26707, 28474, 30575
The market is in a positive trend, and a correction within the upward channel on the garfish is building, which may conclude near support.
Levels of support: 25000, 24819
Levels of resistance: 26707, 28474, 30575
The market is in a positive trend, and a correction within the upward channel on the garfish is building, which may conclude near support.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#BITCOIN= SHOW SUPPORT TO OUR FIRST IDEA.Hey Everyone,
Price have accumulated since last few weeks and now we are expecting price to continue the bullish trend until $62000 which is our primary target, it is worth noticing that price have potential to reach that target as economic and other factors are supporting the idea.
Thanks for your support in advance :)
Inverse H&S that sends $BTC to $42k-48k?The price action today changed my bias from bearish to bullish.
Here's why:
- We're forming an inverse head and shoulders
- We got a green flat bottom Heikin candle on the 1D (this could change by close) but still usually signals a reversal in trend
- On the 2D chart, we went higher on a Demark buy 9
- Ichimoku looks bullish, with price on high timeframes still above the clouds
- RSI 1D bounced at my 32 bullish level
- Double bottom on the 4H OBV
- We flipped the $28.6k level as resistance as support (for now)
The bearish case now is lesser than the bullish case looking at the chart structure. The bearish case would be:
- Still have a weekly red heikin ashi candle with a demark count of 2 (bearish trend)
- Price is below the cloud (12hr) as you can see from the chart
But being we bounced at previous resistance, my bias has flipped bullish for the time being.
I still think we'll chop around in this area until Sunday before making a larger move, but I'm now scouting entries instead of looking to buy lower.
In terms of where to buy, there's a support at $29.5k, the one at $28.6k and $28.3k. If this is the start of the impulse, oftentimes, you get 3 tests of support before the leg up begins (to make people think that support is breaking before a move higher).
I'm going to bid half of my position at $28.6k and the other half at $28.3k to see if those two get filled. If you wanted to take a more aggressive entry, you could bid $29.3-29.5k. The bottom support on the chart hasn't gotten tested yet as support, so it would make sense that we'd get the final 3rd wick and test of that support before the move up (my logic for bidding lower).
Let's see how it plays out. A loss of that lower $28.3k level is bearish. Any price action above that is now bullish.
This lines up more with my previous idea outlined here:
Good Time for Trading Bitcoin.It is too early to succumb to emotions, since there are still many stops under the lows. Most likely, this is a short-term trap, but if the price goes out and fixes above the red zones, it will become a more bullish sign.
When the minimum is updated, the fifth wave of the lower order will be placed, after which we can expect a rebound in order to close the gap.