BTC Bitcoin strong support confluence long @ $64.3BTC Bitcoin strong support confluence long @ $64,300 level. Daily, Weekly, and golden pocket all lining up nicely for a continuation of the uptrend.Longby jayrome977Published 2
BTC reversal soon??Divergences between price and RSI can often show that a trend is coming to an end and a new one is beginning. In this case we can see that RSI on the 4H timeframe hit the oversold zone, and has been steadily climbing out of it ever since. However, we can see that price has continued making lower lows and lower highs... The price and the oscillator are out of phase and in this case as RSI grows larger but price continues to drop it's a bullish divergence signal and this suggests a trend shift from bearish to bullish. Divergences are not perfect, no indicator is but this can be paired up with other signals for confluence, RSI being at the oversold zone is a good indicator that the bulk of the move is done, especially now that RSI has climbed out of it. The green box is showing a bullish orderblock, all 3 wicks have bounced off this zone and therefor suggests support also. My feeling is that geopolitical worries have shaken the traditional markets and that uncertainty has spilt over into crypto, fundamental influences will effect the charts no matter how good the technical analysis may be. If we weather this storm and the situation doesn't escalate the TA suggests the worst has been and gone. by ProR35Published 2
Bitcoin (BTC): RSI recovering but BTC dropping / Will Drop More!Sellers are still showing dominance after securing the 200EMA in a 4-hour timeframe. We are monitoring continuously as we see similar patterns to form (like last time we were in an oversold zone with RSI so the target zone remains the same!). Swallow Team Shortby SwallowPremiumPublished 6
Bitcoin short to 63kJust now entered a bitcoin short. Target is $63000 but am try to get out if possible at 62850 Should be a quick trade as target is not very far. Market looks likely to make a new low and push to next potential support area before correcting up.Shortby FilnftPublished 2
$BTCgonna bid that line add on a reclaim this is wick territory imo Longby CompoundingGainPublished 2
BTCUSDTHas BTC started the major bearish correction ? If the correction starts it is going to the lows of 50K.by imalik860Published 1
NEW IDEA FOR BTC Looking at the trend in the four-hour time frame, Bitcoin has broken the bottom support of the first ascending channel to the downside and can now drop to the $61,261 support if the 64,688 resistance holds.Shortby arongroupsPublished 4
Huge divergenceIn high and long-term time frames, a very large divergence can be seen in the Bitcoin chart, which probably signals a deeper price correction. Be careful for buy deals!Shortby AbedEkhlaspoorPublished 4
BUY ZONEBtc will buy in 5 hours it's will touch 63000 Buy entry 61800-61900 TP 62700 TP 62900 best of luck Longby Jazib-goldmasterPublished 3
$BTC update on weeklySo far, all my forecasts have been accurate, and on the weekly timeframe, you can see that we are heading towards a bullish MACD cross. The RSI confirms this with a bullish divergence. It’s logical to expect another pump before the bear market, which will eventually reset the MACD into the lower red zone and the RSI into oversold territory (over the next 1-2 years according to the 1W timeframe). In case of invalidation—if the MACD falls below my yellow line—we could enter the bear market early. While this is a possibility, it’s not the most likely scenario at this point.by CryptoNikkoidPublished 114
BTCUSDT - DIAMONDdiamond, given the figure of benefits should be up, the sideways will tighten and maximize liquidity. A good pattern to allocate funds on hayahs, and after that again a set of positions at the bottom of the diamante. Plus minus the diamond stretches for 333 days. It is worth considering the potential for a false breakout and then a sharp roll in, so those who like to breakout serious levels should be more careful. Special attention to fractality. Longby FTT_TRADER369Published 2
Bitcoin AnalysisAccording to the conditions that I see for Bitcoin, if it can maintain the resistance of 60,000 today until tomorrow, it will definitely move towards 67,000 and another point is that the conditions of war can be very effective.Of course, it can be said that because this happened to Bitcoin before and it was in the same situation, as you can see in the picture, if it actually breaks its own level which is at 73 thousand dollars, it can go up to 50%. Dr.Koroosh by DrAnalyzerPublished 2
BTC USDTBitcoin (BTC) has been on a strong upward trend against Tether (USDT), but it's facing a significant challenge around the 70,000 USDT mark. This level, identified as the "2.1688 fibo target" (a Fibonacci extension level), has acted as resistance multiple times. Traders are watching closely to see if BTC can break through this resistance. A decisive breakout above 70,000 USDT could signal a continuation of the bullish trend, potentially leading to further gains. However, a failure to break through could result in a pullback or consolidation. Here's a summary of the key takeaways from the charts you shared: Overall Trend: Bullish, but with some consolidation around the 70,000 USDT resistance. Crucial Support: The "LIQ filled" level around 62,250 USDT is a major support zone. A break below this level could trigger a deeper correction. Important Trendline: The upward-sloping green diagonal line on the charts is acting as strong support. Potential Opportunities: Buying near the green diagonal line during pullbacks could offer favorable entry points for long positions. A breakout above 70,000 USDT with strong volume could present a good opportunity to enter long trades. Risk Warning: The cryptocurrency market is volatile, so always use appropriate risk management techniques. Stay informed about news and events that could impact Bitcoin's price. Remember, this is just a technical analysis based on the charts you provided. It's not financial advice, and you should always do your own research before making any trading decisionsLongby Broker_HunterPublished 2
BTCUSDT STRUCTURE It has been a ride, we will only be looking for shorts down to the weak low, check previous post when we called out the trade, always remember we are here to serve you better always, stay tuned for more updates, do well to like share and follow.Shortby Dr_Trade1Published 3
Bitcoin and altcoin overview (October 02-03)Yesterday, we saw another wave of decline in Bitcoin , which we warned about yesterday. The escalation of the conflict in the Middle East influenced the strength of the decline. As a result, we reached the next buyer's zone, within which we continue to trade. During the decline, new volume zones formed, which are now located above the current price, which is very bad for the buyer. The largest horizontal volumes are focused at $62,000, and as long as we are below this mark, there can be no talk of recovery. At the moment, we do not observe any strong purchases; most likely, in the near future, we will see a flat within the 2 nearest volume zones. For now, the priority direction for intraday positions is short. Buying zones: $61,000-$60,200 (volume protection), $57,000-$56,400 (volume zone). Selling zone: $62,000 (largest horizontal volumes), $63,450-$64,000 (volume zone), $64,300-$65,000 (mirror zone), $66,500-$68,200 (volume zone), $72,000 level (seller's market activity). Due to yesterday's fall, the dominance level of the first cryptocurrency has increased, so we advise refraining from opening medium-term positions in altcoins. For intraday trading, choose coins with low correlation to Bitcoinby Crypto_roboticsPublished 2
Bitcoin (BTC/USDT) 4h timeframe TA+Trade plan by BFDescending Broadening Wedge Pattern Description: This is a bullish reversal pattern. As shown, the price of Bitcoin is testing the support line of the wedge, which typically suggests that a breakout to the upside might occur after the completion of the pattern. Potential Breakout: The chart indicates a potential breakout above the upper boundary (resistance line) of the wedge, possibly signaling the beginning of an upward move. Key Support and Resistance Levels Support Levels: 60,301.68 USDT: This is a near-term support zone where price could find buyers if it revisits these levels. 53,988.89 USDT: A deeper support level shown on the chart, which might come into play if Bitcoin faces a significant sell-off. Resistance Levels: 64,591.15 USDT: A strong resistance zone that Bitcoin would need to surpass for a sustained upward move. 68,556.87 USDT: A higher resistance level that could become the target in the case of a breakout. Indicators Analysis VMC Cipher B Divergences: It appears to show divergence. A green dot below indicates potential bullish divergence, suggesting price may increase soon. RSI (Relative Strength Index): The RSI is at 31.48, which indicates oversold conditions. This level usually implies that the asset is undervalued, signaling a potential buying opportunity. Stochastic Oscillator: The stochastic reading is at 23.61 (blue line) and 20.43 (red line), indicating oversold conditions as well. This adds further strength to the bullish argument, aligning with the RSI's signals. HMA (Hull Moving Average): The HMA histogram shows green bars, suggesting a bullish trend might be forming or momentum is starting to shift to the upside. Trading Plan Long Position Setup Entry: A breakout above the resistance line of the descending broadening wedge would be the ideal entry signal. You may consider entering around 61,750–62,000 USDT. Take Profit: First take-profit target could be around 64,591 USDT (resistance zone). If momentum is strong, a secondary target can be set around 68,556 USDT. Stop Loss: Place a stop loss just below the recent low at 60,000 USDT, as a break below this level would invalidate the bullish wedge pattern and signal further downside. Alternative (Cautious) Approach Wait for confirmation of a breakout with a strong candle close above the wedge's resistance line, paired with bullish indicators on lower timeframes (e.g., 1-hour chart). Risk Management: Risk no more than 1-2% of your portfolio on this trade, adjusting position size accordingly. Final Considerations Monitor for any false breakouts as Bitcoin could retest the wedge's resistance line before confirming the breakout. Keep an eye on volume; a breakout with strong volume increases the likelihood of the wedge pattern playing out successfully. Longby elfabiianiPublished 2
Bitcoin short from 65k regionRetest 65k region and then start the so called pumptober with a red candle , bring some fud and then back up again and break the all times high in the upcoming month . Longby CrocoCryptoPublished 2
4hr Bitcoin mean reversionIt looks like Bitcoin is doing a mean reversion on the 4 hour time frame at the moment. We dumped in the opening of the Asian session tonight. Liquidations are also seen above the current high that we could take out. Let's wait and see what the London and New York session brings and how price reacts. We should be watching closely for a break through the EMA50 on the 1 hour time frame to confirm a continuation of the trend.Longby reports20netrustPublished 2
5 REASONS TO STAY IN THE CRYPTO MARKETThe end of September aka rektember historically the worst performing month of the year is in sight, and October is fast approaching. 1/ October aka ‘Uptober’ or better to say "Moontober" is historically one of the best performing months of the year and in the past two bull run years October’s have all been green – third time’s a charm? FYI last year we pumped 29% and so many of us ordered Countach 2/ It ain’t just October – Q4 historically yields the highest returns of the year Excited for Uptober? Just wait till we hit No Loss November baaaby! 3/ M2 projections vs. CRYPTOCAP:BTC looking bullish M2 tracks the global supply of money. The more money is in the system, the more of it can flow into crypto. Here’s Bloomberg’s 10week projection of M2 supply (black) overlaid with CRYPTOCAP:BTC ’s current performance (red) 4/ The bull market historically takes off at this point See that white line? That’s the current cycle as you see The crypto market seems to be following historical bull market trends closely. We've experienced a stronger than usual rally ahead of the halving, largely driven by expectations around spot Bitcoin ETFs. However, the post-halving rally has been weaker, bringing the market back in line with typical patterns seen in previous cycles. Potential for Growth: If past cycles are any indication, the market is expected to gain momentum from this point onward. Historically, after a weaker post-halving phase, a significant upward surge is needed to complete the cycle. Cycle Length Considerations: There is evidence suggesting that each crypto cycle is lengthening in terms of duration. This trend may reflect increasing institutional involvement, as longer cycles often point to a more mature and stable market 5/ Rate cuts are here! The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020.This is now the most unexpected Fed decision since 2009. And lowered rates allow more money to flow into markets over time. and after btc pump we will have sweet alt party so buckle up and be ready for printing money Longby moonyptoUpdated 11
BTC ideaI think this is the bitcoin needs a small correction and rise to values around 77000by AliTeslaUpdated 5
BTC ONLY STRATEGYMarket structure of btc shows that liquidity is needed for uptick, failure of price to break previous highs and indication of lack of liquidity in the market. from technical standpoint i want to see a drop in the zone 37k based on my structure for new wave of uptick.by ShavyfxhubPublished 2
Aaand... Bitcoin in a Cup & Handle pattern... but what do we have here in our BTC charts? One beautiful, almost confirmed Cup & Handle pattern? DISCLAIMER: I'm not a financial adviser and this is not a financial advise. Remember, most traders lose money.Longby MagnusBestestPublished 2
BTC in weekly timeframehi friends this is my analysis in weekly time frame .. what do you think about it? by cryptomarket_samaPublished 3