monke trader - mad skillThis is a description, there are many descriptions out there but this one is mine and unique
BITCOIN trade ideas
BITCOIN - THE KING OF CRYPTO (TECHNICAL ANALYSIS + TRADE PLAN)Descending Trading Channel:
Bitcoin is currently in a descending trading channel, indicating short-term bearish pressure but within a larger bullish structure.
The breakout above the channel's resistance line signals a potential reversal to an uptrend.
Support Zone:
A strong support zone is marked around the $92,000–$94,000 range, where demand is evident, as indicated by price consolidation.
Indicators:
RSI (Relative Strength Index):
RSI near 47 suggests the asset is in neutral territory but trending upwards, moving away from oversold conditions.
Stochastic Oscillator:
Bullish crossover near 66 indicates increasing momentum toward an overbought state, confirming the breakout possibility.
Money Flow Index (MFI):
Rising MFI implies capital inflow, supporting the likelihood of upward price movement.
VMC Cipher B Indicator:
Bullish divergences are forming, suggesting a potential trend reversal.
Volume Profile:
While not explicitly shown, the lack of significant volume during the recent decline confirms a corrective phase rather than a bearish trend.
Target Zones:
Initial target post-breakout: $100,000 (psychological resistance).
Secondary target: $108,000–$112,000, where historical resistance might emerge.
Trading Plan:
Entry Strategy:
Enter once Bitcoin decisively breaks above the descending trading channel resistance with strong volume confirmation.
Support Buy:
Accumulate near $92,000–$94,000 if the price retests the support zone.
Stop-Loss Placement:
Place stop-loss below the $90,000 mark to minimize risk if the breakout fails or support zone does not hold.
Short-Term Target:
Set take-profit at $100,000, just below psychological resistance to ensure execution.
Medium-Term Target:
Partial profit at $108,000 and $112,000 for extended upside.
Risk Management:
Limit exposure to 1-2% of total capital per trade.
Maintain a risk-reward ratio of at least 1:3 to optimize profitability.
Watch for increased volume during breakout confirmation.
Monitor macroeconomic factors and news affecting Bitcoin, as sudden events may invalidate technical setups.
BTCUSDt.market target 96000entry point 94800 stop loss 94000Trade Alert
BTC/USD Buy Alert
1. _Entry:_ $94,800
2. _Target:_ $96,000
3. _Stop Loss:_ $94,000
Trade Details
- Risk: $800 ($94,800 - $94,000)
- Reward: $1,200 ($96,000 - $94,800)
Monitor the trade closely and adjust as needed.
BTC- NO ONE LOOKS AT THIS BTC 6 month- Ask yourself is it time to go in big on bitcoin or to be very cautious right now.
This is not where smart money buys. The smart money that does buy right now you can know that they are adding twice as much money to put options or shorts that you’ll never know about or never be made public. It’s simply how this business works.
Be careful out there everyone. BTC is definitely looking too heavy. Think of it like a rocket 🚀 it starts off slow gains momentum takes off hard and as it gets closer to the peak momentum fades and it start to roll over and come back down.
Watch out for the first big drop to be around that 70K to 75k area. We will update as it gets closer. This will take some time. Let the trade come to you.
btc breake out doses this mean we are done testing 92k. i see divergence on the 4hr so we will likely see a reversal and the down trend should be over
BITCOIN A long term investment target.Bitcoin is trading inside a Channel Up since the top of the 2017 Cycle.
It was supported by the 1W MA50 in August and that kept alive this Bull Cycle's Channel Up.
The last year of the previous Cycle was 2021 and throught its course, the 1W MA50 was in support.
Even if the 2025 Phase fails to peak at the top of the 8 year Channel Up, it can still complete the phase on the Channel's 0.75 Fib and technically looks like a minimum.
Trading Plan:
1. Buy on the current market price as a long term investment.
Targets:
1. 250000 (0.75 Fib and smaller Channel Up top).
Tips:
1. The RSI (1w) should be near 90.00 when the Cycle top is priced. Use it as a complementary indicator in order to close the position earlier if 90.00 is reached before the price hits 250000.
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BTCUSD Bearish outlookConsolidation on Bitcoin H4 chart, between 92500 _ 100k levels. Now price breaks 100k level and after that we can wait for a sell signal. Will update this idea when it happens.
Falling wedge on Bitcoin - A bullish signal - End of correction?I can see a falling wedge or flag pattern on the BTC-USD chart. The price hit the support zone around 92K and triggered a bullish price action that might be the end of the correction. I expect a short-term reversal from a bearish to a bullish trend in a neutral medium-term trend as long as the price stays within the wedge or flag. If the price breaks the pattern up, the medium-term trend could change into bullish again. If the trends turn bullish, the price might attempt to break the resistance zone around $105k by March 2025.
Bitcoin’s Deja Vu: A Bullish Flag Unfolds Towards a Historic ATHIn March 202 0, ( COINBASE:BTCUSD ) Bitcoin reached a low on Friday the 13th , forming a bullish flag pattern that initiated a new upward cycle.
A similar formation appeared on August 5, 2024 , indicating the continuation of this bullish trend.
Currently, Bitcoin is at the PR3 price level, establishing a base support around $108,923 .
The next resistance is at QR1, approximately $197,491 . Upon reaching this level, a slight correction to around $145,669 is anticipated before continuing to the final all-time high (ATH) at QR2, set near $281,216 . From this peak, a significant correction to the correction support level (CS2) at $145,669 is expected.
Analysts are optimistic about Bitcoin's trajectory. H.C. Wainwright forecasts a rise to $225,000 by the end of 2025 , considering historical price patterns and potential favorable regulatory changes under the Trump administration.
Additionally, Standard Chartered projects Bitcoin could reach $150,000 in 2025, aligning with historical trends of major rallies post-U.S. presidential elections and following halving events.
However, Bitcoin's inherent volatility remains a concern. Predictions suggest potential corrections of 15% to 30% during the bull run before reaching higher price targets.
In conclusion, Bitcoin's current market structure and historical patterns indicate a bullish trajectory with potential significant price levels and corrections. Investors should remain vigilant and consider market volatility when making investment decisions.
BTC Fast Tracking! Get out Now!I wish I had picked up on this earlier but it looks like she's way ahead of schedule and fixing to dump all the way to 70-75k or so. The similarities between this cycle and last cycles PA cannot be ignored. Even though we are months ahead of a top (based historically) and moving through it faster, I attribute this to bulls just trying to get in early and "beat the street". See the chart and consider reassessing your risk levels as I have just done.
BTC's ultimate bullish point is here!BITSTAMP:BTCUSD
Bitcoin is in the bottom of a broadening wedge, which has proved to be a good Support point as well!
also we can see a double bottom on the chart which is another bullish pattern! so this might be a pretty good point to be bullish on Bitcoin.
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BTCUSD possible short idea BTCUSD intraday forecast
Price may continue selling from the area of diagonal resistance
Btc final destination part twoBtc failed to keep above the 99,854 area completing the monthly btc crt.
They feed us the last entry and it was spot on with a reversal to an Fvg.
Still holding all my short positions
Let’s ride 🚩
BITCOIN Potential Long! Buy!
Hello,Traders!
BITCOIN keeps falling down
But the coin will soon hit
A horizontal support of 91000$
So after the retest we will
Be expecting a local
Bullish correction
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
BTC - Sell in May and Go away. This saying has been engrained in wallstreet for decades. So laying over the fractal of the last leg up gives an idea of what the next couple months could look like.
The Monthly RSI needs to get up around 90 based on previous cycle tops but what exactly will happen. No one knows.
BTCUSDT - near to his support? Holds or not??#BTCUSDT .. well guys market just near to his supporting area and that is 94200 around.
That was supporting area is history as well.
And keep close it because if market not hold it in that case we can expect a drop towards 89000 and 84000 in extension.
Good luck
Trade wisely
BTC to $113,820With a double divergence of the rsi, a new long is ripe for the picking. take profits at .5, 1, and 2 of the previous fib.
BTC strong support at blue zoneI saw that every green candle within the blue zone took the Chart upwards the support zone each time. Like it did today but this time it went back to the blue zone. We got a lot of "Sell the news" cause of Elon Musk and Donald trump but we saw this pattern earlier like I marked in the YELLOW zone. So In my opinion we still got strong support but we have to live with a lot of shakeouts like today. The next big liquidity is at 94000$
BTC Update to 2018 Chart. 10 Year SuperCycle AnalysisThis is an update to my 2018 BTC chart which can be found here:
It's been confirmed that BTC topped out where we analyzed it would maxed out at $63k (69K actual)
The full ten year trend needs to be corrected and we would expect for it to take longer than normal btc corrections. Wave IV termination is what we are now focused on. This is my Elliott Wave Analysis and doesn't guarantee that it's right or better than others. Enjoy. Feel free to send me any comments, always willing to learn.
Most of my charts are private, but would be happy to discuss others. Focusing on GME next until BTC has corrected
BTCUSD Rejected its Daily SupportHello Traders
In This Chart BTCUSD HOURLY Forex Forecast By FOREX PLANET
today BTCUSD analysis 👆
🟢This Chart includes_ BTCUSD market update)
🟢What is The Next Opportunity on BTCUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
