BEARUSD trade ideas
BTCUSD Aiming HigherHI there,
The price of BTC is unclear; a bearish candle appeared on the daily time frame, but it is still a bear-bullish candle.
I decided to use an app to analyse the trend's lows and highs with a stochastic indicator. The results indicate a possible upward movement nearing the highs of 93028, with a potential retracement down to between 83756 and 90959.
So, is it possible to have AI assist you with a trade setup? Maybe not.
Happy Trading,
K.
Not a trading advise.
Bitcoin Top at around 130kI expect Bitcoin to top out in an area between 124-142k this bullcycle. In a window between mid April and late May. I think that this is the most realistic price prediction that you could come up with and that predictions like 250k are staked way to high. I would start selling at around 124k to prevent being hit by the start of the bear market. This will be a bull market not a bullcycle.
$BITSTAMP:BTCUSD possible new testing point high n lowBased on GoodSUN Band, as shown in chart,
BITSTAMP:BTCUSD
Upper Testing Point: 94859, possible higher point to test. if volume is positve it breaks above this.
Average Roaming Point: 91110, Fluctuation zone, swinging ponts for accumulation
Lower Breaking Point: 90679, possible lowe point to test, negative volume leads to downfall in this point.
Meanwhile other indicators are still positive for expansion so far. during current time.
BTC - 92 000 level hitPrice has hit my area of interest. This is where I expect a drop. The pullback is complete. We are shorting BTC.
BITCOIN Is Going Up! Long!
Here is our detailed technical review for BITCOIN.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 76,455.27.
Considering the today's price action, probabilities will be high to see a movement to 78,368.39.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
Bitcoin Situation - BullishYesterdays fake breakdown is the final sign before a real bullish run in our view.
Bitcoin seemed to break below our 60k zone support before springing right back above and closing within the zone, after the close we looked for 4h continuation which we got and entered at the average shown.
If you're out of the market and want to enter we'd recommend a dca approach on the lower timeframes down the fib retracement levels. We expect a small pullback from here before continuing up, even if it's just to 62ish.
This is an opportunity that doesn't come very often in our view and could well be the start to ATH.
The stoploss is set and should we break below we would look to the next support at 57.5k and then the 886 pcz of a bullish bat at 54k, but really we are not looking to break below the current support.
Will Bitcoin surprise us?After the rapid movements of this week, Bitcoin is building a floor and the exit and entry of amateurs, I specialize in flag patterns, and if this pattern was in gold, we would definitely see at least a rise to the end of the flag height, the same in Bitcoin. I tested it, I think it will test the ceiling of 90/000 again
Btc /Usdt BITSTAMP:BTCUSD
Btc Simple Next update First i wish btc Tap 100k Now its time need rest
Disclaimer : It's Not Financial Advice
$BTC Parabolic run will continue! #Bitcoin in 2016-2017 Price discovery continues to rise after ATH!
High probability that $BTC is at the top of its channelThere are conflicting opinions on whether BTC is in a new bullish trend or still stuck in the old downward-facing channel. Honestly, I don't think it matters. Both channels intersect today, and the price has wicked through both. From a shorting perspective, the orange channel represents the "worst case," while the purple one offers the highest downside potential for a short position.
I plan to take profits around 55,300 as this seems the most likely next move. Of course, there's always a chance of a breakout and getting liquidated, which is why it's crucial to manage risk and never risk more than 2% of your total capital per trade.
Good luck out there! 🫡
#BTC #Crypto #RiskManagement #ShortPosition
BTC taking a break from the upwards action.I've used MTOPS to help identify where the market will get to next
As mentioned yesterday I said it will turn around, and now I've kindly shared my prediction of where it will land up next
Make money, make money money
Bitcoin on the Path to Unprecedented Success. Trade plan!Technical Analysis for Bitcoin (BTC/USD)
Chart Observations
Falling Wedge Pattern:
A bullish reversal pattern is forming, indicating potential upward momentum if the price breaks above the resistance trendline.
Breakout scenarios typically target the previous high or a significant resistance level.
Support and Resistance Zones:
Resistance Zone: Around $91,000-$92,000, visible as the upper orange zone.
Support Zone: Around $78,000-$79,000, visible as the lower orange zone.
Indicators:
RSI (Relative Strength Index): Currently at 38.08, showing oversold conditions and a potential for upward momentum.
Stochastic Oscillator: Indicates bullish divergence with oversold conditions, suggesting a potential upward price movement.
HMA (Hull Moving Average): Neutral to slightly bullish, sitting at 53.63.
Money Flow Index (MFI): Showing outflows (red), indicating possible selling pressure.
Volume:
Relatively low, suggesting a lack of conviction in either direction. A breakout accompanied by high volume will confirm the next major move.
Divergences:
Visible bullish divergences on the VMC Cipher B suggest a potential reversal if the falling wedge resistance is broken.
Trading Plan
Scenario 1: Bullish Breakout
Trigger: Break and close above the falling wedge resistance with strong volume confirmation.
Entry: Place a long position at $86,500-$87,000.
Targets:
First Target: $90,000 (conservative).
Second Target: $92,000 (major resistance zone).
Stop Loss: Below the wedge breakout level at $84,500.
Risk-Reward Ratio: Aim for 3:1.
Scenario 2: Bearish Breakdown
Trigger: Break and close below the wedge support with strong volume.
Entry: Place a short position at $84,000-$83,500.
Targets:
First Target: $80,000 (conservative).
Second Target: $78,000 (lower support zone).
Stop Loss: Above the wedge support at $86,000.
Risk-Reward Ratio: Aim for 3:1.
Risk Management
Allocate 1-2% of your portfolio per trade.
Monitor key levels and indicators, particularly volume spikes, RSI, and stochastic trends.
Keep an eye on macro news and Bitcoin-related announcements that could influence market sentiment.
If the price remains range-bound within the wedge, avoid over-trading and wait for a breakout confirmation.
Ensure all trades are backed by stop-loss orders to manage potential losses effectively.
Bitcoin- Small double top could lead to correctionAs I explained in my previous analysis, I anticipated a correction in BITSTAMP:BTCUSD and decided to sell against this strong uptrend.
With some luck, I’m still in the trade (though currently at a loss).
At this point, however—unlike when I impulsively sold—we have some real data to analyze. :)
After the first all-time high just below 90, yesterday we saw another peak just above this key level.
This could potentially signal a double-top formation. A drop below 85,300 would confirm this pattern, with a measured target around 80k. Looking further down, 77k could also act as a support level.
On the flip side (which I’m not too keen on), if we see a higher low above yesterday’s, support holding at yesterday’s low, or a false break of the neckline, BTC will be on its way to setting a new all-time high almost for certain.
Sold!I sold my entire position because, technically speaking, I no longer have anything to track. This doesn't mean it won't keep going up, but algorithmically speaking, I need more information to determine new targets.
261.80% or nothing. It's funny that you imagine this repeating again, the exactly same call.
Probably we will see some alts boom with this.
Buy and hold for profit, start selling on March they start leveraging shorts with derivatives on low caps.
156k$ my call since 20-may-22
NFA.
BITCOIN Weekly Chart Update !!Bitcoin has completed a cup-and-handle breakout on the weekly timeframe, accompanied by strong volume, which signals robust bullish momentum. This pattern is typically a bullish continuation pattern, suggesting that BTC has the potential to enter a strong uptrend following this breakout.
The Ichimoku Cloud is also showing a bullish signal, with price action above the cloud, confirming a trend shift in favor of buyers. The cloud's bullish alignment suggests that the current rally has further room for upward movement, potentially setting BTC on course for new highs.
However, pullbacks are common after breakouts as the price retests the previous resistance as support. A pullback to the handle or prior resistance zone would provide an opportunity for bulls to gather strength before pushing Bitcoin to new peaks. Key support levels to watch include previous highs or areas around the handle region, which should act as a launching point for the next leg up if bulls hold steady.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
SHORT POSITION— “A minor correction to $71,645 or higher!”Bitcoin has entered full manipulation mode. The waves are accelerating, and as I warned yesterday, the slow bleed has begun.
There’s a top red trendline that connects the wicks and the upper body of a key candle, signaling correction territory. Below that, there’s a green line in the same format, pointing toward a bull run. This top red trendline agree perfectly with my sharp shark fins—a strong signal that correction time is here.
This is for short-term traders. Long-term holders, you’re safe; Bitcoin isn’t crashing, just correcting. I’ve marked red arrows pointing to my shark fins for clarity. The Ichimoku is hovering around the dip’s end, though I’m not claiming that’s exactly where price will settle. Right now, I’m using GANN and ATR. I’ve added Ichimoku as additional guidance. After comparing with my smart money whales and dark pools, here’s what’s happening: The bait has started, and new retail investors are being lured in by none other than Grandpa Tom.
The price will dip to one of these levels. When the correction wraps up, I’ll be looking for Bitcoin to rise above my contraction line to confirm a re-entry.
I didn’t connect the double-bottom zig-zag to the wicks, so you can clearly see the double is filled. While many signals point to correction, that’s not my primary focus but my smart money movements.
This is the result when Grandpa Tom, the shepherd of the herd, stirs up excitement, telling everyone Bitcoin’s headed to $100k right now. My advice? Don’t follow Grandpa Tom’s hype. He tends to jump in at pivot highs. I even told Grandpa Tom to stop spreading his pivot-high advice, but he brushed me off, saying I didn’t know what I was talking about and I needed to “research more.”
BTC’s Relentless Push Upwards! Where Do You Think It Will RetracHey traders! 🚀 The 1-hour BTC chart has been offering some exciting opportunities lately, with clear trends forming and plenty of potential for those who managed to stay in tune with the market. Bitcoin is still pushing higher! 📈
🔍 Where do you think this move will stop and retrace? Are we nearing a resistance level, or is there more fuel left in the tank? Whether you're holding for the long haul or taking shorter trades, there’s always something to learn from how others approach these trends.
🗣️ Questions for the community:
Did you catch any of these entries on the 1-hour chart? What do you find most effective for staying on the right side of a trend? How are you adjusting your strategy with the current BTC volatility, and where do you think the next retracement might happen? Metrics at a Glance:
📊 Total Trades: 59
💼 Win Rate: 44.07%
📉 Losses: 45.76%
🚀 Net Profit: 93.35R
📈 Profit Factor: 4.46
Looking forward to hearing your insights and seeing how everyone’s navigating this market! Let’s keep the momentum going and help each other stay profitable! 💪🤑
