Btcusdtrade
Btc Latest Update Btcusdt
As I mentioned in my previous update, I remain bullish on BTC and expect it to continue trading above 27k. My current expectation is that the price of BTC will reach 32,000 to 35,000 .
Brc only needs to break 29450 level for bullish move.
However, if BTC breaks down from the current triangle pattern and closes below it on a candle, I may change my outlook to bearish. As of now, there are no indications of a bearish trend.
Bitcoin is still bullish | Update Btcusdt
BTC is currently moving with an ascending triangle pattern, which suggests a bullish trend. The price of BTC is expected to remain bullish as long as it stays above 27,000. Based on this scenario it is likely that the price of BTC will reach 32,000. However, incase of breakdown we could see a significant drop towards 25,000.
Risk is under you control
Dyor
Bitcoin BTC price trade plan for the few weeksIn the coming days, it will become clear what trend we will see in the crypto market in the coming weeks.
If buyers hold 27000-27400 $, there will be a chance for continued growth.
Below the critical level, i.e. below 27000$, there are a lot of long positions stop orders. If these stops will be broken, the BTCUSDT price will plummet.
Waiting without a position is probably the most difficult position to take.
But it is necessary to do this in order to move to the stronger side after one of the scenarios is confirmed.
And while we wait and watch who will be stronger, buyers or sellers, you can visit our global idea for BTCUSD and choose the route that suits you best.
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Btc Levels To Watch | Do Or Die Btc/usdt
"Incase breakdown in BTC/USDT, the market could experience further pain, especially if the daily candle closes below the support level of 26800. If this happens, there is a high probability of BTC dropping towards the range of 25-22k. On the other hand, if BTC manages to hold the aforementioned support level, and breaks the resistance levels of 30-32k, it could lead to a surge in BTC price to the range of 35-40k. As always, it is recommended to conduct your own research before making any trading decisions."
Symmetrical triangle in BTCUSD with bullish biasH4 chart of BTCUSD making symmetrical triangle which means it can go in either direction however, there is bullish bias as there was Bullish divergence at the last LLs and the last LL was broken and new HH was printed at the level of 30150. So now 2 levels are important to determine direction of market if the last HL (27350) is broken trend will go bearish and if the last HH (30160) is broken then trend will go bullish. Most probably, market will go in up direction after breaking 30150 level so we should plan our buy stop entry at the break of 30150 and sell entry at the break of 27350.
#BTC/USD The trend is not over Yet! $40k possible?The weekly candle closes in 16 hours.
Trading at the same range in LTF.
Fractals are pointing towards more upside move in the coming weeks followed by a top around the end of May/June first week. We could reach as high as $40k.
Considering the current circumstances, I know this is a bold target, but it is what it is.
I am only pointing out the information and facts in the chart.
There will be corrections on the way.
More information is given in the chart please observe!
Invalidation:- A Candle Close below $27154.
This is not financial advice.
What do you think?
#Crypto #BTC #DOGE #Litecoin
Btcusdt still bullish till 32700 or 32900 because Best and A big signal for You
Btcusdt Still bullish till 32700 or 32900
because here we found
1: Deep crab Pattern wich is in Process to complete is D it ll be 1.62 wich is perfect area of nearby 32700 posible it can be 32900
2: another thing is our previous upper Trendline is nearby 32700 it can pushed by a wick 32900
3: on weekly Time frame 33000 is our Wave 1 so now we are in Wave 4 if it happen then our wave 1 cant touch the wave
perfect short ll be 32700 or near by 32900 our stop loss must be 33050
#BTC #btcsoaring #Binance #dyor #btcupdate
BTC update, SMC...Hello traders, I posted a chart for BTC and we had 2 Scenarios, first one was to pull back and retest to 30k again from the support level of 27.1k and next one was 26k zone...
and first Scenario is activated, and now we should wait for a rejection from 31k or 32.4k before opening short positions...
and targets are 26.5k, 23.9k, 20.5k with stop loss of 33k...
and best entry zone is 30.4-32.4k depends on where and what price we get the rejection....
enjoy trading <3
Bitcoin Cup and Handle patternThere is little doubt that Bitcoin Has created a Cup and Handle pattern but the real question is, Which do you believe is more accurate.
The LOGARITHMIC chart shown has a measured move to $128K in time ( by end of August if it follows the upper line of resistance since 2017)
The LINEAR chart however only goes to $42400 and probably within the next month or so
For me, I am prone to follow the Linear chart for a number of reasons, the bigger of which is that it ties in with so many other ideas. Confluence is Vital
In time, we Will push higher but I find little to show a New ATH this year , Next year is the Key and 2025 also shows promise
Keeping it simple for now..
Stay safe
Bitcoin, the possibilities #BTC #BTCUSDT #Bitcoin#BTC
#BTCUSDT
#Bitcoin
The Bullish & Bearish scenario is around a 10k difference to the upside & a 6k difference to the down side, remember that the market makers will ALWAYS leave at least two options on the table (someone has to loose).
The Bullish scenario would be a move to 43K (Blue B) before a pull back to 20K (Blue C) before commencing a bull run
The Bearish scenario would be a move to 34.4K (White 4) to 14K (White 5) before commencing a bull run
In both cases the bottom of the pink channel looks like it will be a catalyst for a reverse in trend, it just depends on how & when we arrive there.
The only way we will be able to tell which scenario is playing out will be if & when we close a weekly above $36150 as this will signal the invalidation of the White waves.
Time will tell but let me know your thoughts
For BTCUSD Traders..So we have touched into RZ1 (Resistance Zone 1) on BTC Charts.
The fall you are seeing now is down to very early support and clumps of it. Unless you have a large news sentiment break its likely you will rebound at least somewhat via lower TFS.
If, however, you do not want to be buying high you must let the market drag as it always does eventually. Being out of the market is also a form of Trading and it is ok to do this at times to reduce risk.
Any longs taken now at the 'Earliest' zone must be of very small size due to the small dip that has occured.
That's because you should never be trading just based on a desperation of buying into a certain asset as if your life depends on it. This is never the case (unless you are held to ransom at a trading desk) and therefore you should hold off any positions only until you have better prices.
Buying AFTER the top of a rally with a very minor dip is far less advantageous. Remember, the analysis drawn contains the words 'If we get there'. That does not mean we are going to short right now, it just means we are going to hold off Longs. That is OK because you are at daily support.
Trade small and trade safe especially with Crypto Assets like BTC.