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Will BTC Push Up Soon? The Key Level is at 65000.00 !!! I will be looking for LONG opportunities on BTC after the resistance level at 65000.00 has been broken and thereafter forms an upward confirmation Break of Structure(BOS) signal, and the two reasonable take profit levels are set as "TP1" at 70000.00 and "TP2" at 72000.00, shown on the 8H Chart. At the moment, BTC is consolidating locally. It seems that the market needs to grab more liquidity from supporting areas down below in order to push up later and the 8H green Demand Zone can be a potential area for that. If the "Caution level" at 58000.00 below the 8H Demand Zone has been broken first, then new analysis on BTC will be made.
Long
by ForextWaveTrading
PENDLE Long Position (Descending Wedge Formation)Market Context: PENDLE is forming a descending wedge, presenting a strong opportunity to dollar-cost average (DCA) into a spot long position. The setup focuses on key resistance and support levels. Trade Setup: Entry: Long trade around $2.50 to $3.00. Take Profit: First target: $3.80 Second target: $4.60 Third target: $5.50 Stop Loss: Close below $2.40. 📊 This trade leverages the potential breakout of the descending wedge, with DCA allowing for better risk management and positioning. #PENDLE #CryptoTrading #WedgeFormation
Long
by Richtv_official
Trade Setup: AIOZ Long PositionMarket Context: $AIOZ is currently seeking support above $0.40, with expectations of one more retest at this level, as BTC potentially retests the $61k mark. This offers a favorable risk-reward opportunity. Trade Setup: Entry: Long trade around $0.40 at the support zone. Take Profit: First target: $0.61 Second target: $0.84 Stop Loss: Daily close below $0.33. 📊 This trade looks to capitalize on a bounce from support, with well-defined risk management through a stop loss at the key level. #AIOZ #CryptoTrading #Support
Long
by Richtv_official
BTC USD UpdateWe are retracing on BTCUSD nicely, We have Daily +OB with low of 59750.00. Stop is right behind it just in case from last weeks trade, Now im looking new entry on bullish shift to compound more to the trade. Lets see if we get 1h structure shift etc. Just reminder who follows me, is that we get into trades in extramely good entryes and take tp 1 quickly, we are in high risk zone overall, so pls do not think this trade is roadmap for posission trade or anything like it. market can turn bearish or bullish , all we do is make sure we get sniper entry and tp1 so we are cruising risk free.
COINBASE:BTCUSDLong
by themarketknight
Phemex Analysis #16: TON - A Calculated Dip or a Risky Gamble?The recent turbulence surrounding Telegram has undoubtedly impacted the TON market. While the potential for a rebound exists, it's crucial to approach this situation with caution and a well-informed strategy. For investors who believe in TON's long-term prospects, understanding key technical support levels can provide valuable insights for potential entry points. Support Levels $4.60: A historically strong support level, indicating potential buying interest at this price. $3.30: While untested, it could offer robust support based on past performance. $2.15: This is the most critical support level. A break below this could signal a more extended downtrend. Entry Strategies Higher Probability: Purchasing slightly above the support level can increase the likelihood of a successful entry, but it also carries a higher risk. Lower Risk: Buying at or below the support level offers a more conservative approach, but it may involve potential slippage or missed opportunities. Additional Considerations Bitcoin's Influence: Keep a close eye on Bitcoin's price, as it often sets the tone for the broader cryptocurrency market. Telegram's Founder: News related to Pavel Durov, the founder of Telegram and TON, can significantly impact the price. Conclusion While TON's long-term potential remains promising, the current market conditions demand a cautious approach. Conduct thorough research, consider your risk tolerance, and utilize technical analysis to make informed decisions. Note: Have you tried Phemex’s Multiple Watchlists yet? We’re the first crypto exchange to offer fully customizable watchlists, allowing you to rename, rearrange, and even place basket orders on all the coins within your lists. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
Bitcoin and altcoin overview(August 27-28)Yesterday for Bitcoin , as expected, we transitioned to a local correction from the global sell zone. At the moment, we have reached the first resistance zone - prices around $63,000. Sales are quite weak, but we don't see any signs of protection for this zone, except for a small decorrelation in cumulative delta. The main expectations are for the downward movement to continue to the next buyer's zone. Globally, we expect a resumption of the upward movement, either after breaking through the downward trendline within which we are declining, or after a volumetric reaction from the buyer in the marked zones. Buy zones: $61,500-$60,600 (accumulated volumes), $59,550-$59,000 (accumulated volumes), level $56,100, $52,000-$50,000 (volume anomalies), level $48,000. Sell zones and near-term targets: $67,000-$68,300 (mirror volume zone), $70,000 (round number, market seller aggression). Interesting altcoins For the N ULS coin, during the rise, a zone with volume anomalies formed at $0.52-$0.55, from which a reaction to sell should be expected. The situation is similar for the JUP coin. We received positioning from the $0.88-$0.90 zone for selling. We consider a short position upon retesting this zone.
by Crypto_robotics
Capitalizing on Memecoin Mania: How to Buy Floki on SpotNavigate the exciting world of memecoins with this guide to buying Floki on the spot market. We'll break down the strategies for entering the market, timing your purchases, and managing the inherent risks of trading Floki. As Floki continues to capture the attention of crypto enthusiasts, this guide will help you make informed decisions and potentially profit from the volatile but rewarding memecoin market. Whether you're looking to diversify your crypto holdings or capitalize on Floki's growing community, this guide offers the insights you need to succeed.
Long
by Darshana_Alwis
The Ultimate Guide to Buying BTC on Spot: Strategies for SuccessDelve into the world of Bitcoin trading with this in-depth guide to buying BTC on the spot market. We'll explore the best practices for purchasing Bitcoin, including tips on timing, market analysis, and risk management. Whether you're a long-term investor or a short-term trader, this guide will provide the insights needed to maximize your returns in the ever-evolving crypto landscape. Learn how to secure your position in Bitcoin, the world's most valuable cryptocurrency, and make informed decisions that align with your financial goals.
Long
by Darshana_Alwis
Aug 25Overview: The FRED:SP500 closed Monday with a red candle, erasing last week’s Friday gains. Durable goods orders were reported today, showing the highest increase since July 2020. This indicator reflects the amount of new orders placed with manufacturers for durable goods expected to last at least three years, such as automobiles, appliances, electronics, and machinery. An increase in durable goods orders typically signals business confidence and a willingness to invest in long-term assets. However, this rise was driven mainly by automobile purchases; excluding cars, the figure was down 0.2%. Global liquidity has been increasing for the past 60 days. The last time we saw such a sustained rise was from the end of October 2023 to mid-January 2024, which marked the start of the current bull market. This is a bullish signal. W: The BINANCE:BTCUSD price has reached the lower bound of the current range, 63k-64k. D: Monday closed with a red candle. The lack of a lower wick is concerning, suggesting that bears pushed the price down throughout the day without giving bulls a chance to buy back. It closed slightly below the W level of 63k, at 62.8k. 4h: The price is at the bottom of the Bollinger Bands (BB). A rebound is needed, but it’s not happening yet. The price is trading below the W level. While this isn’t a significant issue for the W candle, it’s crucial for the 4h to stay above 63.1k. 1h: The RSI has touched the oversold level of 30. This is a bullish signal. Alts Relative to BTC: There’s no significant divergence. Some altcoins corrected less ( BINANCE:SOLUSD , BINANCE:NEARUSD ) while others corrected more ( BINANCE:SUIUSD , BINANCE:FTMUSD ), but in the early hours of Tuesday, almost all have recovered to their highs after the recent pump. Bull Case: This isn’t a bull trap, and we’ll see a climb on low trading volume. Whales might hold on, waiting for interest rate cuts, or they could start selling just before the cuts. Bear Case: This is a bull trap unfolding, with fewer bulls willing to hold this price level. Fear and Greed Index: 53.61. This is a 'no trade' zone if you prefer to buy low and sell high with the highest conviction. Prediction: Undecided. Opportunities: BINANCE:AAVEUSD : At W level $128. Bullish. BINANCE:MKRUSD and BINANCE:UNIUSD : Both are holding strong W levels that predate BTC ETF demand. Bullish. BINANCE:TAOUSD : Drawing a MACD divergence on D and 1h, with the W level of $361 being rejected for the third time. Bearish.
COINBASE:BTCUSD
by EvgenCapital
Bitcoin at Crucial Resistance Level with Doji Candle FormationDaily Chart Overview: $Bitcoin is currently facing strong resistance around the $65,000 level, as indicated by the formation of a Doji candle on the daily chart. This pattern often signals market indecision and suggests that the recent bullish momentum may be weakening. Technical Indicators: Relative Strength Index (RSI): 57.25 – While buying pressure has moderated, it remains at a healthy level. Supply Dynamics: With 19.75 million BTC in circulation out of the 21 million maximum supply, Bitcoin is testing a crucial price point. Market Outlook: How Bitcoin reacts to this $65,000 level will be pivotal in determining its short-term direction: Bullish Scenario: A breakout above this resistance could signal further gains. Bearish Scenario: A rejection could lead to a potential pullback. Trading Strategy: Traders should monitor this level closely for a decisive move, which will provide clarity on the next phase of Bitcoin's price action. #Bitcoin #BTC #Crypto #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #Resistance #DojiCandle #RSI #SupplyDynamics #PriceAction
by Richtv_official
NOTUSDT / TRADING BETWEEN TURNING LEVEL & RESISTANCE LEVEL (1) NOTUSDT HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 0.010 . Turning Level: The price is currently trading above this level around 0.010 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 0.009 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 0.010 . If the price reaches 0.009 , and stabilizes below it, it will likely attempt to reach support level (2) . support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 0.008 . To confirm an downward , by breaking 4h candle close below it , it suggest to reach support level (3) at 0.007 . Resistance Level (1): As long as the price remains above the turning level of 0.010 , it suggests a rising towards 0.012 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 0.014 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 0.016 . Channel Trend: the trading rate within the descending channel . TIME Frame / 4h TARGET LEVEL : RESISTANCE LEVEL : 0.012 , 0.014 , 0.016 . SUPPORT LEVEL : 0.009 , 0.008 , 0.007 .
Long
by ArinaKarayi
2
XRPUSDT ( IT WILL BE RISING TO REACH RESISTANCE LEVEL ) ( 4H )XRPUSDT HELLO TRADERS The current price is trading at a turning level at 0.54. Consolidation and holding at this level would provide strong support for a price increase towards the resistance level (1) of 0.59. However, if the price breaks down and a four-hour candle closes below this level, it may lead to a decline towards the first support level. This area is very strong , and if it stabilizes above 0.48 , we could see a strong upward movement. To confirm a downward trend, a break of 0.48 is needed to reach the second support level at 0.45. Upward Zone: As long as the price stays above the turning level at 0.54 , XRPUSDT is likely to rising towards resistance level (1) at 0.59 . If a 4-hour candle closes above this level , it could push further to 0.62 . Once the price stabilizes above the resistance level (2) around 0.62 , we might witness to reach resistance level (3) at 0.65 . Downward Zone: by breaking turning level around 0.54 , it suggests a decline towards support level (1) at 0.48 , confirming a downward trend. If the price stabilizes or stays below this level, there is a strong likelihood of reaching the support level (2) around 0.45 or possibly even lower CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 0.54 before rising . TARGET LEVEL : RESISTANCE LEVEL : 0.59 , 0.62 , 0.65 . SUPPORT LEVEL : 0.48 , 0.45 , 0.39 . Turning level at 0.54 , Time Frame ( 4H ) .
Long
by ArinaKarayi
1
DOGEUSDT / TRADING INSIDE DESCENDING CHANNEL - 4H DOGEUSDT HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 0.094 . Turning Level: The price is currently trading above this level around 0.094 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 0.084 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 0.094 . If the price reaches 0.084 , and stabilizes below it, it will likely attempt to reach support level (2) . support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 0.077 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 0.068 . Resistance Level (1): As long as the price remains above the turning level of 0.094 , it suggests a rising towards 0.113 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 0.126 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 0.135 . Channel Trend: the trading rate within the descending channel . TARGET LEVEL : RESISTANCE LEVEL : 0.113 , 0.126 , 0.135 . SUPPORT LEVEL : 0.084 , 0.077 , 0.068.
Long
by ArinaKarayi
DOTUSDT / TRADING ABOVE TURNING LEVEL - 4HDOTUSDT / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 4.544 Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 4.544 turning level , it is likely to move upward toward the resistance levels of 4.881 and then 5.370. Downward Condition : To reach the 4.255 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 4.544. If it stabilizes below support level (1) , a further decline toward the support level (2) at 3.894 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 4.881 . RESISTANCE LEVEL (2) : 5.370 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 4.255 . SUPPORT LEVEL (2) : 3.894 . TURNING LEVEL : 4.544 .
Long
by ArinaKarayi
Trading Signal For HARDUSDT Trading Setup: There is a Trading Signal to Buy in HARDUSDT HARD (D1) (spot) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.0750 ⭕️SL @ 0.0520 (-43%) 🔵TP1 @ 0.1365 (+48%) 🔵TP2 @ 0.1815 (+97%) 🔵TP3 @ 0.2635 (+188%) #cryptosignal #Crypto What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
Market overviewBitcoin (BTC): $63,693.28 (-0.34%) Bitcoin Dominance: 57.42% Fear and Greed Index: 55 (neutral) WHAT HAPPENED? Last week, as expected, fully met our expectations and implemented a priority scenario – an upward exit from the balance. We entered the first sell zone of $64,000-$65,200 (mirrored volume zone), from which we received a reaction. WHAT WILL HAPPEN: OR NOT? A local correction can be expected in the near future. There are no strong fixes on the part of the buyer, so this week it is worth paying attention to longs. The first local resistance is located at ~ $63,000, but it shouldn’t be considered as a strong buying zone. A really strong buying zone that appeared along the way is below $61,500-$60,600. If there is a reaction from there, it’s worth joining the upward movement. Buy zones: $61,500-$60,600 (accumulated volumes), $59,550-$59,000 (accumulated volumes), $56,100 level, $52,000-$50,000 (volume anomalies), $48,000 level. Sell zones and goals for the near future: $67,000-$68,300 (mirrored volume zone), $70,000 (round number, seller's market aggression). IMPORTANT DATES Macroeconomic developments this week: • August 27, Tuesday, 6:00 (UTC) — publication of German GDP for the 2nd quarter of 2024; 17:00 (GMT+3) — publication of the CB consumer confidence index of the USA (Aug). • August 29, Thursday, 12:00 (UTC) — publication of the index German Consumer Prices (CPI) (Aug); 12:30 (UTC) — publication of US GDP for the 2nd quarter of 2024; publication of the number of initial applications for US unemployment benefits. •August 30, Friday, 9:00 (UTC) — publication of the consumer price index (CPI) in the Eurozone (Aug); 12:30 (UTC) — publication of the basic price index of US personal consumption expenditures (July). *This post is not a financial recommendation. Make decisions based on your own experience.
Long
by Crypto_robotics
Bitcoin Mid-Term Update - Continued Uptrend All signs are in the ascendant Probably, we will reach the resistance line first, which can be seen well in the daily chart, then we have to see what the elders are doing Currently, traders can see a triangle in the one-hour time frame and trade based on it We already bought and risk management does not allow opening a new deal We published it here A new signal will be released as soon as possible Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
VITEUSDT started an uptrend in the medium termTrading Setup: A Trading Signal is seen in the VITEUSDT ViteXCoin (D1) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.0170 ⭕️SL @ 0.0150 (-34%) 🔵TP1 @ 0.0285 (+25%) 🔵TP2 @ 0.0372 (+62%) 🔵TP3 @ 0.0472 (+100%) What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
2