Btcusdtsignal
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Nothing has changed from my last idea.
Long confirmation - consolidation above dynamic resistance (white line on top) Then the target will be 33-36k.
Confirmation of the fall - breaking through 27k, then we go to the +-25k zone, there we will need to look at the structure of the fall and make some decision
Good luck everyone!
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BTCUSDT H1Hi Guys Hope you well,
chart show you everything's , I think its Nice sell situation .
SecondChanceCrypto
⏰08/May/23
⛔️(DYOR)
always do your research.
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Mainly shorting BitcoinThe BTC/USDT trading signal given today made some profits in the trading.
So how should BTC/USDT be traded next?Overall, before the upward breakthrough of 30,000 points, the resistance above Bitcoin was relatively large. On the whole, Bitcoin's rebound after the decline was relatively small, and the overall trend of volatility was still maintained.Then in the next trend, mainly focus on the following points.
1.Pay attention to the short-term support area 28200-28000 area. If the support area is not broken, you can try to go long BTC/USDT in small batches.
2.Pay attention to the short-term resistance area 29200-29400 area. If you cannot effectively break through this area during the rebound process, you can try to go long BTC/USDT in small batches.
3.Pay attention to the resistance area 29800-30000 area above, and when the market rebounds to this area, you can boldly short BTC/USDT.
The above are the key areas of BTC that need to be paid attention to in the short term and the general trading rhythm, and I will announce the more detailed trading rhythm and entry position in my channel.If you want to grasp the detailed trading rhythm and master accurate trading signals, you can enter my channel.
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
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
BITCOIN range market and more dump expected ❌🧨Hello 🐋
the price now again stick in the parallel channel and more range candlesticks between tow area before any other breakout of the previous high we expect to see sharp red candlesticks to the downside
besides
the range market is acceptable scenario too 📖💡
if
we lose our support level we will see correction at least $24000 area ❌🧨
and if
we lose our daily resistance here more gain is logical 💣🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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
Has Bitcoin stopped its decline?Is it possible to go long BTCYesterday, Bitcoin plunged as low as near 26942, and tried to break below the 27,000 integer mark successfully. Then Bitcoin is likely to continue to decline in the market and seek support below 27,000.
From a structural point of view, after the Bitcoin bears released the pressure of the technical top divergence, they are currently undergoing shock digestion treatment.So has Bitcoin stopped the decline and can you go long BTC/USDT with confidence?
I don't think so. Since Bitcoin has tried to fall below the 27,000 integer mark, Bitcoin will definitely continue to test downward in the later stage.Judging from the current strength of Bitcoin's rebound, Bitcoin's lack of rebound momentum shows that most traders are still in a wait-and-see state and dare not enter the market easily, which makes it difficult for Bitcoin to maintain an upward pattern.And there is a strong resistance area of 27800-28000 above, and a further resistance of 28800; while the lower support is in the 26600-26400 area.
In addition, special attention should be paid to the need to beware of the traps of technical inducement as much as possible, and to avoid the rising market caused by the behavior of traders who are trapped in long-term self-rescue as much as possible.Therefore, for Bitcoin trading at present, avoid trading traps as much as possible, and do not directly short or long Bitcoin for the time being. If there is a good trading opportunity, I will announce it on the channel as soon as possible. Please pay attention to the trading signals in the channel.
Bitcoin Head & Shoulders!BINANCE:BTCUSDT
Bitcoin has printed into a Head & Shoulders also evident on 4h.
Watch for Fakeout at 30k level for a fakeout and then breakout to upside.
Failing that 28.8k level could retest and provide short term short.
Bitcoin is still Bullish, but watch for major bearish retests to continue to ride to lower levels of support.
But at these levels there are many buyers lurking around so wait for entry trigger confirmations.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTC Long PositionThis trading idea suggests opening a long position on BTC from 28900 to 28600 based on the Pattan Cypher and Navarro200 indicators. The Pattan Cypher indicator has identified a bullish reversal pattern, while the Navarro200 indicator is showing oversold conditions for BTC. If the price of BTC breaks out of the 28600 support level, it could potentially continue to rise to the next resistance level at 32000. However, traders should carefully consider their risk management strategy and trade with funds they can afford to lose.
great opportunity for alt party?!good morning folks, after two massive drop down and an aggressive pomp of bitcoin i think this digital gold will be stuck here for a small alt party.
seasonal tendencies for next month tell us we have a retrace for discount pd arrays.
finally, imo this price zone has the ability to change the trend.