BTC road map after us election newsHello traders In this chart i have mentioned whole roadmap for BINANCE:BTCUSDT hope fully we will be secure in the most volatile market of 2024Shortby FxPhilakone224
Bitcoin Next TargetHello. After a long time , i have a super prediction for you... Now BTC hit a new ATH , So this is due to breaking a diagonal channel and pullback to the upper line.(Yellow channel on the chart). In addition , if we take a look at USDT dominance chart we see a breakout of a longterm channel and a trendline.so it will be reach about 3.90% - 4%. In my opinion and according to wave analysis , the shortterm target for BTC is 86000$ and the long term target is 106000$. thanks for reading my opinion. wish you to Have good investments.Longby TraderAmin-KZ1
Check support near 68393.48 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) The key is whether it can quickly rise to the 68393.48 area. The next important support and resistance point is the 65920.71 point. Therefore, if it continues to fall, we need to check support near 65920.71. This volatility period is until November 5th, and the next volatility period is around November 10th (November 9th-11th). - BW indicator is an indicator that comprehensively evaluates MACD, StochRSI, OBV, and ATR indicators. Currently, the BW indicator has touched the 50 point. Therefore, when the BW(50) point is created, you can conduct an aggressive transaction depending on whether there is support near it. - StochRSI indicator has completely entered the oversold zone. In addition, StochRSI EMA appears to have fallen below the 50 point zone. Accordingly, you need to check where the StochRSI indicator is located when it rises in the oversold zone and maintains the state of StochRSI > StochRSI EMA. - In order to complete the pull back pattern, the uptrend must be maintained. Therefore, the uptrend of the linear regression channel must be maintained. To do so, you can see that the price must be maintained around 65920.71 or higher. - To summarize the above, in order to maintain and continue the uptrend, the price must be maintained above 68393.48. - Have a good time. Thank you. -------------------------------------------------- - Big picture The real uptrend is expected to start after rising above 29K. The expected range to touch 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 readCrypto8
BTC conclusionAnalysis by Ahmadarz📊 Key Observations: 1. Support Zone: - 🛡️ A significant support zone is marked around 48,987.22, which has been tested multiple times as indicated by the green arrows. - 📈 The price has recently bounced from this support, suggesting strong buying interest in this area. 2. Resistance Levels: - 🚧 Multiple resistance levels are identified at 58,312.00, 62,497.20 - 62,454.00, 68,067.36, 71,773.98, and 76,514.94. - ❌ These levels are marked with red arrows and have historically acted as barriers to upward movement. 3. Chart Patterns: - 📉 A descending triangle pattern is evident, typically a bearish pattern. However, the price has broken below the triangle but then recovered, indicating potential bullish momentum. - 🔄 The chart suggests a possible bullish reversal, with the price projected to move upward after holding above the support zone. 4. Price Action: - 💹 The current price is 55,530.01, showing a recent recovery from the lows. - 📊 There is a marked projection showing a potential upward move towards 76,514.94, passing through intermediate resistance levels. Detailed Analysis: - Bullish Scenario 📈: - 🟢 If the support at 48,987.22 holds, the price could see a gradual move upwards. - 🎯 Immediate targets would be the resistance levels at 58,312.00 and 62,497.20 - 62,454.00. - 🚀 A successful break above these levels could lead to further upside towards 68,067.36 and beyond. - Bearish Scenario 📉: - 🔴 If the price fails to hold the support at 48,987.22, we might see a retest of lower levels, potentially around 43,103.08 or even lower. - ⚠️ Failure to maintain above this critical support could indicate continued bearish pressure. Trading Strategy: 1. Entry 🛒: - Consider entering long positions near the support zone of 48,987.22 with a stop loss slightly below this level. - Alternatively, wait for a confirmed break above the immediate resistance at 58,312.00 before entering a position. 2. Targets 🎯: - Initial targets would be the resistance levels at 58,312.00 and 62,497.20 - 62,454.00. - Extended targets could be 68,067.36 , 71,773.98, and ultimately 76,514.94. 3. Stop Loss🛡️: - Place stop-loss orders below the support zone at 48,987.22 to manage risk. Conclusion: 📊 The chart suggests potential bullish momentum if key support levels hold, with several upside targets. However, traders should remain cautious and watch for any signs of weakness at the support levels. External factors and market sentiment should also be considered in conjunction with this technical analysis. 🚀📉💡by ahmadarzUpdated 229
BITCOIN's Meteoric Rise Targets New Highs – Massive Gains AwaitBITCOIN Analysis: Bitcoin (BTC) has continued its upward trajectory, hitting initial targets TP1 and TP2, with TP3 and TP4 in sight. This bullish momentum aligns with recent market developments, showing signs of further growth potential. Key Highlights: Price Action : BTC has breached significant resistance levels, marking strong bullish activity on the 1D timeframe. Targets Remaining: With TP1 ($68,220.2) and TP2 ($73,980.5) already achieved, Bitcoin's bullish push looks set to challenge TP3 ($79,740.9) and TP4 ($83,300.7). Supporting Factors: Market Cap Surge : Bitcoin’s market cap returned to the top 10 global assets, driven by a recent spike to $75K. Liquidation Event : A single trader was liquidated for $75M on Binance during Bitcoin's latest surge, highlighting heightened market interest and volatility. Technical Indicators: The Risological Dotted Trendline shows a strong upward inclination, adding to the bullish outlook. If BTC continues on this path, TP3 and TP4 could be within reach soon. This setup signals promising profit opportunities as Bitcoin continues to capture massive interest worldwide. Keep an eye on the remaining targets as BTC pushes towards new potential highs.Longby ProfitsNinja4
bitcoin crash Bitcoin hit the ceiling of the position and is collapsing. In the daily time frame, we can see that it is falling sharply, and this fall will continue until Dominance Tether reaches 6.33. Any increase in the position is to open a short position. good luckShortby mostafa.tofighi.832
BTCUSDT Strong Bullish Channel!BTCUSDT (Day Chart) technical analysis update BTC price is breaking the channel resistance on the daily chart after 220 days of formation. The price is trading above both the 100 and 200 EMA, indicating a potential bullish move in the coming days. My next target is $100K. This is a perfect positional trade with a risk-reward ratio of 1:5." Buy level: Below $66,000 Support: $58,500 Regards HexaLongby HexaTradesUpdated 121267
BITCOIN Update !!The latest BTC/USDT chart update shows a significant zone marked as a "extreme zone" around the 64,000 - 65,000 level, highlighted in red. This red-highlighted zone around 64,000 is being emphasized as a strong support level. If the price retraces to this area, BTC may find buying interest, potentially providing a solid base for a rebound. The upper orange bar, near 72,000, represents a major resistance level. If BTC reaches this level, it may face selling pressure unless it can break above decisively. The green arrow suggests a bullish outlook after a possible pullback to the strong support zone. This scenario implies that BTC could rebound from the 64,000 zone and make another attempt at breaking above the 72,000 resistance. In summary, BTC appears to have a key support at 64,000, which could act as a pivot point for the next upward movement. A failure to hold this zone, however, might indicate a shift in momentum. 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_CSAdminLongby CryptoSanders9563Updated 8
#BTC $BTC if anyone is interested#BTC trade idea in case anyone needs it.If TP hits before entry,Trade will be invalid.Longby NihalCryptoUpdated 7
BTC-quick scalpAlthough it is showing in 15min time frame, but my analysis in 1min time frame is giving me a chance to go long here for a quick scalp on BTC.Longby Trade_ologist2
btc now shortnow short btc in high On top of the swing box This trade is high risk but suitable target Shortby ARCHI_TRADES886
WHAT IS BITCOIN DOING? MY NEXT TRADES For my next play, I am watching for CONTINUATION LONG and deviation shorts in the internal leg down. For any of these plays, I want to see a flip in structure on the 5 - 10 minute chart or higher before entering. Let’s be ready! We have had a few false moves lately so be careful. Make sure to follow for regular updates and insights! 🔔💡 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁 29:51by Trade-Journal112
BTCUSDT|SHORTI think its good short setup with a tight sl use money management and its just my idea its not a signal ..Shortby fx_maz667
Bitcoin continues to fall?Considering the resistance in the range of 69087, after the failure of this area, it can be expected that the range of 69897 and 70773 will continue to rise. Otherwise, the support range of 68016 will be broken Expect a fall to the range of 67229 and 66449 by arongroups111
24.11.04 Whale Index (up $2,400!! Was it accurate again??)Hello, we're Whale Signal First, let's review the previous analysis Previously, I uploaded a whale indicator to TradingView and informed you that if Bitcoin is located in a major supporting section, and this section is re-formed into a supporting section, we can expect further upside As a result, there has been a trend of exactly $2,400 rise since then, and those who have used whale indicators seem to have made a significant return Congratulations to those who made profits Since then, the price has fallen again, but a positive profit structure would have been possible if you had set up the anti-profit half-currency well (to secure some profits and stopros) In addition, we believe whale indicators showed good flow again this time, as the closing bar breakout and retest continued and the short position entry opportunity was provided in the fall breakaway structure Now I'm going to talk about the current point of view The current section is once again considered an important support section If time rod seating is confirmed in this section consistent with where previous whale indicators were formed, entry may be considered when retesting or pressing of the candle body section occurs (personal perspective) In addition, an upward break through the all-high point segment based on Dow theory is expected to increase the likelihood and reliability of it However, if you leave the purple whale index again, you should also consider short withdrawal However, as the U.S. presidential election is scheduled tomorrow, please respond briefly and thoroughly manage the risks *I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis* *For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below* <> 1. The whale indicator simply points to support and resistance 2. Please refer to the whale index to find a trading RBI suitable for your analysis 3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy 4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistanceby Whale_signal111
Correction Dynamics | How Long Will It Last?Correct me if I am wrong, the question right now is about the correction, right? How long will it last, how will it develop; what are the dynamics, what can we expect? These are good questions and we have some data on the chart that can help us build some approximations. Since March 2024, Bitcoin's ATH and the end of the last major bullish impulse, we had mainly three down-moves as part of a big distribution phase. 1) From 11-March through 29-April; 49 days, 7 bars. 2) From 3-June through 1-July; 28 days, 4 bars. 3) From 29-July through 2-September; 35 days, 5 bars. 3a) A variation would be from 29-July through 5-August; 7 days, 1 bar. If we add all these three together: 49, 28 and 35 days we get 112, divided by 3 gives us 37 days. This would be the average duration for each correction this year. Another way is to count from 11-March through 5-August; 147 days, 21 bars (weeks). We can divide this by the Fibonacci golden ratio and see what number we get. 91 days. Too long. Divided by 2.618 we get 68 days and by 3.618 we get 40 days. Too long, too long, too long, too long. Let's try finding a more suitable number using variation number two for the third down-move of the corrective phase. Let's add 49, 28 and 7. This will give us 84, divided by 3 and we get 12. A 12 days correction, similar to early August, would put us at 10 November, around this date. What do you think, are these methods any good or should we dig deeper? It would be a flash crash but this is the only way that is possible, the drop tends to develop much faster than the rise. Bitcoin went up for 16 months, between November 2022 and March 2024. A correction would unravel 2-2.5 faster than the rise, which would translate into 6.4 to 8 months. We are already beyond 6.4 months. 8 months would put us at 14 November, give or take a few days, and 14 November is very close to the 10-12 date which just came up with our random calculations. Just considering different scenarios, let's say that the correction will hit bottom by mid-November 2024. After that, slow but sure long-term growth. Thanks a lot for your continued support. Namaste.Longby AlanSantana9934
BTC TO 99K OR MORE?Its indeed UPTOBER, BTC Broke the Trend to the upside, I'm excited to see this progress and US Election is on the way. This will be the era of the Crypto Elections. Lets see how this unfolds.Longby Quantum007Updated 1
BTCUSDT: Bullish Trend (AB=CD Pattern)BTC is moving uptrend and currently its forming AB=CD Pattern without any bearish trend and fundamental base BTC is also bullish trend So we will wait for the break of the previous HHs for the confirmation of the Bullish trend so we will take a long trade with proper Risk Management. Longby mudusirUpdated 1
BTC: Potential Bullish Opportunity After RetestBTCUSDT (Day Chart) Technical Analysis update Recently, BTC price broke through the broadening wedge resistance line and reached the peak resistance level of the wedge. However, the price was rejected at this peak and is now retesting the broadening wedge resistance, which may now act as support. After some consolidation around this level, we could anticipate a strong bullish move, making this an attractive buying opportunity for BTC. Longby HexaTradesUpdated 115
go to 20At some point BTC will continue against S&P again and it looks like soon Longby Alex-WeigelUpdated 111
04/11/24 Weekly outlookLast weeks high: $73,633.97 Last weeks low: $67,477.38 Midpoint: $70,555.67 ELECTION WEEK IS HERE! This is the one we've all been waiting for and probably been nervous about. On the 5th November the US election takes place, now we might not know for certain who has won on that day but we should have a good idea barring no funny business. At time of writing, Trump leads the betting market polls 57.7% : 42.3% which is down significantly from last weeks high of 67%. A lot can happen between now and tomorrow but for BTC and crypto in general a Trump win should be favourable to the markets, a Harris win might delay cryptos progress IMO. If the US election wasn't enough for one week FOMC takes place a couple of days later. With a forecasted cut of 25bps coming taking the interest rate from 5.00% to 4.75%. The last FOMC saw a 50bps cut so the FED is rapidly moving to a more risk on environment which should be pro crypto, however I do think the election result will dwarf this FOMC in importance as the 25bps cut has been known about for awhile and most likely priced in. Obviously the election is the main focus of this week, a number of projects have token unlocks this week too: Larger % circ. supply: NEON,BANANA,ADA,XAI,BGB,AGI Smaller % Cir. supply: SOL,WLD,TIA,TAO,AVAX,DOGE,SEI,NEAR,DOT,SUI&FIL The altcoin market is still at the mercy of BTC and BTC is at the mercy of this election currently so we'll have a better picture of what the future may look like by the end of the week. by ProR35Updated 1
Beware the Shooting Star on the weekly!We just ended the week printing a Shooting Star, which means serious selling pressure and likely reversal to the downside is incoming. If you are buying here you kamikaze and will likely get badly trapped. Expect BTC and all of crypto to decline in the coming weeks. I'm a short a bunch of alts and already in terrific profit, especially in POPCAT and BCH. Good luck. Shortby prefabsproutUpdated 223
short of btcSupport and press the rocket to cheer me up Observe the ten percent loss limit Stay away from Bitcoins Feel free to buy and sell and post your commentsShortby imenbroker119