BTCUSDT short-term correction expected Guys! no denying the overall trend is very bullish but I expect there will be a slightly correction in a shorter timeframe. I shorted from 93k and let's see what happens.by Skyito2
The point of interest is whether it can rise to around 98.9K Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) I think there is a shake to touch the target point of 3.618 (98841.11). This shake seems likely to change into a trend as it passes through the next volatility period, around November 16-19 (maximum November 15-20). - If it rises to around 3.618 (98841.1), it is expected that there will be a movement to determine the trend again. - If it falls below 2.618 (87814.27), 1st: StErr Line 2nd: M-Signal on 1D chart (approximately 79.9K-80.9K) It is expected to fall to the 1st and 2nd above. Based on the current price position, if it falls below 75571.99, it seems likely to turn into a downtrend. The 75571.99 point is the BW(50) point. ------------------------------------------ When the StochRSI indicator approaches or touches the 100 point, it is necessary to pay attention to how close the StochRSI EMA indicator is to the StochRSI indicator. The reason is that the StochRSI EMA has never touched the 100 point yet. This means that the StochRSI indicator will eventually fall below the StochRSI EMA. In other words, it also means that the decline has begun. You cannot tell how much the fluctuations will occur with the StochRSI indicator alone. However, you can tell the start and end of the trend. - In that sense, there is a high possibility that volatility will occur when the StErr Line is touched. Therefore, if the StochRSI < StochRSI EMA falls below the StErr Line and the StErr Line turns downward, you can see that the downward trend is likely in progress. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that the full-scale uptrend will begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCrypto4
Alikze »» BITC | Ascending channel - 4H🔍 Technical analysis: Ascending channel - 4H - Bitcoin has already touched the supply range according to the analysis presented in the daily target time frame. - In the 4H time frame, it is moving in an ascending channel, which has managed to register an ascending candle in the supply area in the 4-hour time frame. - In case of failure of the supply zone, the specified movement path can touch the $100,000 targets of 106,250 and 112,500. NEXT TARGET: 🎯 100.000$ 🎯106250 $ 🎯112500$ SUPPORT LVL 💹 75000$ 💎 In addition, if the sales pressure increases in the supply area, an alternative scenario can be realized. ⚠️ In the alternative scenario, with selling pressure in the supply area by entering the second pullback channel, it can continue to correct until the bottom of the second channel and Fibo 1.618, the range of $75,000.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:BTCUSDT Longby alikze2
BITCOIN SHORT TERMBTC might just get to the green zone, do a little bit of play before moving on... Most likelyShortby Majck3
CONGRATS ON THE LAST TRADE! MY NEXT PLAYS Exciting day for Bitcoin bulls! Not only has Bitcoin smashed through its previous all-time high, but it’s done so with impressive strength, confidently crossing the critical 80K level. We’ve officially broken out of the previous range and entered an exciting phase of price discovery. Could Bitcoin mirror gold’s historic rallies and keep climbing? Will it settle into a new range, or possibly reverse to test lower levels? Watch the video for a full breakdown of what might come next! For my next play, I am watching for CONTINUATION LONGs For any of these plays, I want to see a flip in structure on the 10- 15 minute chart or higher before entering. Let’s be ready! Make sure to follow for regular updates and insights! 🔔💡 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁by Trade-Journal2
BTC in Weekly Timeframe: Holding Support.Hello, traders! In my previous update on the daily timeframe, I mentioned a possible rejection for BTC, which has now occurred. The $69k level was expected to hold as support, but it failed, and the price is currently trending at $68k, which remains a support level, though a weaker one. On the weekly timeframe, BTC is still showing strong support, but if we see a further correction, $65.5k is likely the next level to watch. The upcoming weekly close needs to stay above this support level. With the U.S. election happening today, the market is likely to experience some volatility, so please be cautious and trade safely. I’ll continue to keep you all updated on market conditions.Longby Dexter_The_TraderUpdated 445
BTC - 200 DAY RANGE IS PROBABLY COMING TO AN END (OCT 2024)200-DAY RANGE IS PROBABLY COMING TO AN END (OCT 2024) The 200-day range of Bitcoin appears to be nearing its conclusion. While I believe a breakout is on the horizon, it's important to acknowledge the possibility of short-term fluctuations beneath the trend line before a sustained upward movement materializes. This could result in some volatility, but overall, it signals the potential for significant price shifts in the near future.Longby Ehsan_1307Updated 5
BTC Bitcoin head and shoulder breakout ATHBTC Bitcoin head and shoulder breakout ATH. If you missed the setup I gave yesterday, you can maybe catch a re-test of the former ATH at 90K and ride it to the 95k target.Longby jayrome9772
Yeah BTC: Get Ready for this Bearish Scenario!!Yeah BTC: Get Ready for this Bearish Scenario! You can open your short position which are market in the bearish chart pattern.Shortby mallhi21584
PLEASE LOOK AT THE SUPER BIG TREND !The trend of bitcoin is in a very long-term trend. The trend that started from a few cents and reached about 90,000$ and is still going on. We are in the third wave of the 5 super cycle of the bitcoin. by pirahi3
BITCOIN Ending DiagonalBitcoin seems to be forming an ending diagonal structure, a pattern that typically signals the final phase of a larger trend before a reversal or correction. I am confident that this dip will be relatively shallow, as the broader market dynamics suggest strong underlying support. In this scenario, any pullbacks should be viewed as strategic buying opportunities for traders and investors. I anticipate that the price will retrace to the range of $73,500 to $72,000 , offering an ideal entry zone for those looking to capitalize on the next potential upward move.by OnehundredBTCUpdated 3
BTC to100K: Riding the Bullish Breakout with Strong FundamentalsBTC is currently showing strong bullish momentum, with both technical and fundamental factors in alignment. The trade aims to capitalize on this momentum towards the 100K level, with a cautious eye on potential selling pressure. Pay attention to the consolidation range, as further upward movement could solidify BTC’s path to the target. Technical Overview: • Trend: We are in a strong bullish trend, trading well above the 200MA, indicating sustained upward momentum. • Breakout & Retest: Recently, BTC saw a breakout and a successful retest, reinforcing this trend. • Range Consolidation: Currently consolidating within a range, with a low at 85K and a high at 93K. I’ve taken a mid-range entry to capitalize on any upward movement within this channel. • Plan: If sellers aggressively push the price above the 85K level, I will consider reentry opportunities aligned with price action. Fundamental Drivers: 1. Global Adoption & Regulation: The Fed’s constructive stance on digital assets, combined with increasing demand and institutional adoption, is supporting BTC’s upward trajectory. 2. Economic Conditions: As inflation and interest rates remain focal points, Bitcoin is being viewed as an inflation hedge. Additionally, El Salvador’s adoption of BTC as legal tender is adding to the credibility and mainstream adoption of cryptocurrency. 3. Bitcoin ETF: The SEC’s positive outlook on a BTC-based ETF is expected to boost demand and further legitimize BTC within traditional financial markets. 4. Geopolitical Factors: War-driven demand, potential sanctions on Russian money, and global financial uncertainty are all fueling demand for BTC as a decentralized, safe-haven asset. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.Longby AR33_4
Bitcoin longLooking for a long position at around 82k region. Eventually btc will fall down and when that happens people will panick. 2 npoc levels down there , one at 82k and the other one at 79k. Putting the SL just below the second npoc level. Longby CrocoCrypto2
IS BITCOIN DOOMED? MY NEXT TRADE !Exciting day for Bitcoin bulls! Not only has Bitcoin smashed through its previous all-time high, but has not broken bullishly from the previous consolidation range. And yes! it has done so with impressive strength. Could Bitcoin mirror gold’s historic rallies and keep climbing? Will it settle into a new range, or possibly reverse to test lower levels? Watch the video for a full breakdown of what might come next! For my next play, I am watching for CONTINUATION LONGs For any of these plays, I want to see a flip in structure on the 10- 15 minute chart or higher before entering. Let’s be ready! Make sure to follow for regular updates and insights! 🔔💡 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁30:20by Trade-Journal2
22000 points covered by my followers in # in just 7 daysHello trader's I have no words to say about this lovely move which i shared with you and gives the buying level and indicates that this is your buying level... So don't miss to follow for next move Longby ForexTradeer4
BITCOIN📊 #BTCUSDT ⏱ TIME: 1D 📝From an Elliott Wave perspective, Bitcoin has completed its fourth wave and is now in the process of completing the fifth wave. In the next post, we’ll cover Bitcoin's target levels where we expect a price correction.Shortby lilebi3
X marks thespot.Random parabola on XBT up until spring of 2025. X marks the spot, not much else besides a simple arc drawn using three reference points.Longby dicetrade2
Short trade 2min TF overview and entry Sellside trade Pair BTCUSD Sun 10th Nov 24 Entry 79981.1 Profit level 79219.2 (0.95%) Stop level 80148.3 (0.21%) RR 4.56 Reason for Sellside entry: Breaking a time high 79.600Shortby davidjulien369Updated 2
Destiny BTCThe trend of Bitcoin for the coming days will be like this: the era of explosive price increases for cryptocurrencies has arrived, and we must make the best use of it.Longby Hossein_Fatapour_IRAN2
BTCUSDTI expect such a move for Bitcoin I expect to have a decline from here and then rise againby mrfiran2
Crypto Bull Run: Unveiling the First StageAfter a year-long bear market, cryptocurrency prices enter a consolidation phase at the bottom, lasting approximately 500-700 days. If the price breaks through this consolidation resistance, it could experience a bullish move of 100%-300%, This pattern occurs once every four years in the crypto market. Currently, most cryptocurrency prices are breaking out of their consolidation phases and experiencing 100%-300% moves. This marks the first stage of the crypto bull run. I will share the example charts below. Regards Hexaby HexaTradesUpdated 4424
$BTC - Short IdeaBitcoin reached a new all-time high of 93.4k, followed by a strong sell-off. If we get at 91.3k-91.6k to fill some imbalance and gets rejected, look to short towards 85k-84k area. Stops above 93k Targets: tp1 - 88.6k tp2 - 87.2k tp3 - 84.8kby Tealstreet2