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Btcusdtshort
BTCUSDT at resistance and likley to head to 67.3k and 66.3kThe price is showing weakness here and seems to be inclined to go downwards. Here is a short idea based on this inclination. Next supports are 4HS1 and DS1. We take profit at 4HS1 which is the first support zone. The price may bounce there, and therefore we will reevaluate the price action there. The price may eventually then target DS1 subsequently which is a stronger support and provide very good support for the price. However, we focus on 4HS1 first and then we will reevaluate there about our next action.
📉Think Outside the Box BTC!📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Dear Traders.
🔴The market has reached the end of its suffering range and our team's holiday break is nearing its end.
⚡️ In this post I will track the BTCUSDT movements as long as it stays inside the Box.
🔴The past few weeks, the pressure of market volatility was very high and we needed a break.
We will review the market again from today.
Please share the analysis posts to support and give us energy.
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.
Bitcoin at $71k: Should you grab BTC today or wait? SHORT NOWAs Bitcoin continues to dominate the cryptocurrency market, its recent price movements have caught the attention of investors and analysts alike. Over the past few months, Bitcoin has shown a significant increase, with a surge of over 100% year to date, and a notable rise of 9.8% in just the past week.
Despite reaching a new peak above $73,000 in March, Bitcoin is currently facing challenges in surpassing the $67,000 resistance level. Recently, after hitting a 24-hour high of $67,697, it slightly retracted by 0.7%, bringing its current trading price to around $66,800.
BTCUSDT at daily resistance, very likely to head to 65k Our short trade is still in progress. However, here is a new short trade idea. The probability of the price to move lower now is higher than before. The price is still trading at daily resistance DR1. I have updated the resistance zone. The price is likely to head towards daily support DS1 and that is the target of our this trade idea as wll as the previous one. We will look for a long opportunity from there.
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.
📈Bitcoin on its way to $80K? / Serial analysis on BTC📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders.
⚡️ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr.
📈 What to Expect Next?
💡The price of Bitcoin is in a vital situation. As long as the price is above the BB midline, the bullish scenario is quite valid.
The bullish scenario targets are on the price chart.
🔑Key Insights:
The level of $72,784 is the optimal level for risk-freeing long positions.
The risk of this position is lower in the upward direction due to the price trend. But in the case of falling prices, a possible scenario is drawn in the chart.
📉On the other hand, if the price fails to receive the necessary support at the mentioned level, the bearish scenario will be activated around the target of $69,400.
A price stabilization below the middle line of the Bollinger Band can push the price down to pullback to the pitchfork.
◀️Reverse scenario:
🔴Major and hidden divergences are also plotted in the chart. The $67000 level is Bitcoin's support in a bearish scenario.
🔴The main divergence is related to the OBV indicator, which reinforces the bearish scenario.
On the other hand, the hidden divergence is related to the RSI indicator, which reinforces the bullish scenario.
🔴The failure of specified support level will bring Bitcoin down to around $65,100.
✅Entering a bearish or bullish scenario with the help of price behavior above or below the 4-hour Bollinger midline can be the most optimal strategy in the current market conditions.
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.
SHORT BITCOIN USD (BTCUSDT) Like, comment and share with your peers!
BTCUSDT has been ranging between 63472.06 and 62407.87 since mid day 13-May. The break and closure of 1 hour price bar (candlestick) below 62500 zone would result in an aggressive drop.
Entry - anywhere below 62500 (once our condition is met)
Target - 59500 (partial targets can be seen on the charts)
Exit/SL - break and closure above 63472.06
Warning:
1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose.
2. Previous performance is not a guarantee that my signals will profit you. Accept and implement this idea at your own risk.
You are advised to apply proper risk management while trading derivatives...!!!
BR,
Kings
Learn how to trade. See my signature below or visit my profile for more details
BTCUSDT at 4h resistance and likely to pullback towards 61kHere is a short trade idea setup. I have taken this short trade with very tight stop loss. along with small position size. The price has moved up since we closed our long. It has now reached a key resistance level which was the level from where the price dropped last time. Therefore, this level will present significant resistance here and it will cause the price to pullback here. It has now reached a key resistance level which was the level from where the price dropped last time. Therefore, this level will present significant resistance here and it will cause the price to pullback here.
I can be bearish or bullish but right now, i am bearish I was bullish before. but now I am bearish because the bottom point that needs to be protected is broken. There are two different scenarios, there is a liquidity below, if the price comes below that point, the decline will continue, but if the previous peaks I mentioned are broken, I can look bullish on the market, but I am currently bearish.
🚨Bitcoin is Ready to Go Down again🚨✅ Bitcoin finally managed to break the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and the lower line of the Descending Channel and 100_SMA(Daily) .
🏃♂️Bitcoin is currently pulling back into the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and moving near the 🟡 Potential Reversal Zone(PRZ) 🟡.
😱The Fear and Greed Index entered the " Fear zone " again after more than 4 months .
🔔I expect Bitcoin to start going down again and at least to the 🟢 Support zone($57,050-$56,550) 🟢.
❗️⚠️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.
(BTCUSD) needs positive momentumThe largest cryptocurrency in the world recorded its highest levels ever
Expected scenario: continuation of the upward trend
Bitcoin (BTCUSD) price trading stabilizes around the 70200 level after the rise it witnessed yesterday, and we notice that the Stochastic indicator is showing negative signs that hinder the price’s mission to continue rising, waiting to gather positive momentum that will contribute to pushing the price to resume the upward wave that targets the 73700 level as the next main station.
We will continue to favor the upward trend for the coming period, relying on the positive effect of the previously completed double bottom pattern, while recalling the importance of stability above 68200 as a first condition for the continuation of the expected upward wave.
The largest cryptocurrency in the world recorded its highest levels ever
The prices of the digital currency "Bitcoin" fell during trading on Friday as part of a process of breathing and profit-taking, and under the pressure of the continued rise in the levels of the US dollar ahead of the release of important economic data from the United States.
The largest cryptocurrency in the world, “Bitcoin,” provided the best quarterly performance in a year during the first quarter of this year, and recorded earlier in March trading its highest levels ever, thanks to financial flows linked to funds traded on American stock exchanges.
Throughout the trading of the first quarter of this year, which officially ends at settlement today, next Sunday, Bitcoin prices have so far risen by more than 65%, on the verge of achieving the second quarterly gain in a row, and the largest quarterly gain since the first quarter of last year. .
On Thursday, March 14, the largest cryptocurrency in the world recorded its highest levels ever at $73,794, thanks to record flows into the market and successive regulatory approvals in most parts of the world, and after Micro Strategy announced the second largest A purchase you have been making since you started owning Bitcoin approximately four years ago
Where does the Bitcoin downtrend continue to?Hello dear friends, I hope you're doing well. Before delving into Solana and Bitcoin analysis, let me reiterate two important points for newcomers and myself:
1. If you haven't profited from market dips or experienced severe liquidation, take a few days off from the market.
2. Avoid entering the market for revenge, as emotional decisions could lead to further losses.
As you can see, Bitcoin experienced an 18% drop from the $73,600 ceiling and reached a support level of $60,000.
The question arises: Is the $60,000 range an attractive zone for market makers or major players? My answer is a resounding no, for several reasons.
As I've mentioned before, the $60,000 range serves more as a psychological barrier than a significant support level.
Market makers reinforce this range so you can comfortably take long positions at $20k, $40k, or $80k without worry, or even go full margin long.
In my opinion, the $60,000 range is the biggest bull trap that market makers have set for us.
Within less than a week before the halving, the $60,000 range has been strongly supported, but 8 to 10 days later, CZ's criminal sentencing area awaits us.
Considering the current dominance of Tether and the breakdown of the rising wedge bearish pattern, we could look to open short positions in the $64,500 to 68,000$ range. The likelihood of this scenario playing out is very high.
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Here are the potential scenarios for Tether's dominance:
1. A move of 4.7%, breaking the resistance at 5% and reaching the 5.85 range, which is the channel's midpoint.
2. A correction to the 4.5 to 4.36% range to complete the upward pullback, followed by a move towards the 5.85 range, which is the channel's midpoint.
Therefore, we conclude that Tether's dominance is very bullish. It's likely that the $60,000 support range will be broken, and the price will drop to $45,000 (the 5.85 USDT.D range).
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The Elliott Wave count I conducted in the previous analysis on the RSI indicator is nearing completion. Wave A has been completed.
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I'd be happy to share your opinion with me. Your likes, follows, and comments give me energy.
BTCUSD: upcoming big sell, targeting $45,000| SetupsFX_ |Dear Traders,
Bitcoin retested selling zone, now we can target the first area 55k and then 45k. Our main reason is for selling swing is based on how price behaved and gaps within the market needs to be filled. Our entry is already activated and now we can target our areas. We expect price to hit our target by end of may.
Good Luck.
Bitcoin Is Ready to Fall⏰(1-hour time frame)⏰🏃♂️Bitcoin is moving near the Resistance line , 50_SMA(Daily) , and slightly above the 🔴 Resistance zone($66,050-$64,520) 🔴.
🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Double Three Correction(WXY) .
📈From the point of view of Classical Technical Analysis , it seems that Bitcoin has managed to form a Symmetrical Triangle and Rising Wedge Patterns so that the lower line of the Rising Wedge Pattern is currently broken.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect Bitcoin to start falling after breaking the Support lines(weak) , at least until one of the Fibonacci lines .
💡To have a better view of Bitcoin , I suggest you look at the post below (4-hour time frame) .👇
❗️⚠️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.