Very strong hammer pattern, good signal for buy Hi everyone 👋, by looking the chart we can see a very strong 4 hour hammer 🔨 candle. Elliott waves also telling us that 'ABC' correction wave is over and we can have a good pump.
BTCUSDT.P trade ideas
#BULLISH BREAKOUT ON WEEKLY CHART ⟶ BITCOIN'S NEXT MOVE!Bitcoin analysis #BITCOIN** 📈
Based on the weekly timeframe
In the previous #BITCOIN analysis post, I predicted a drop based on the formation of a rising wedge pattern, which happened, and the first and second targets were achieved based on that analysis. 📊
However, before this drop, something happened on the weekly timeframe that could turn the trend bullish. The bearish channel on the weekly timeframe was broken to the upside 📈, a channel in which #BITCOIN had been fluctuating for 210 days.
As a result, the drop after this valid bullish breakout should be considered a pullback before the continuation of growth. Currently, #BITCOIN has again hit the top of the bearish channel from above and has a chance for the pullback to end at this range and enter a bullish phase 📈. I will explain the condition for the pullback to end and the start of growth in a lower timeframe. ⏳
Next growth targets based on this scenario, from short-term to long-term:
🎯 **Target 1:** 71482.50
🎯 **Target 2:** 73905.46 - 74742.17
🎯 **Target 3:** 82067.60
🚨 **Stop-loss for the bullish scenario:** If #BITCOIN manages to reconfirm below the bearish channel from above and loses the support of the bearish channel's top (a valid breakout of the channel's top), then the bullish scenario will be canceled, and the trend will change from bullish to bearish. 📉
............................
Continuation of #BITCOIN analysis📈
Based on the 1-hour timeframe
There are two scenarios for #BITCOIN growth based on the weekly timeframe view.
Scenario 1: Considering the touch on the support of the bearish channel's top, if there is growth and a breakout of the bearish channel on the 1-hour timeframe and resistance at 66963.27 on the 4-hour timeframe, we will have confirmation of growth. 📊
Scenario 2: If there is no growth from the first support and the drop continues, one of the support levels at 64526.53 or the lower leg of the wedge on the daily timeframe could be where a bottom forms (I’ve talked about the wedge in previous analyses, which I will pin for you below). ⏳
BTCUSDT.P Hello dear traders,
As we can see, the price of BTC is dropping quite fast. Since we're utilizing a **long-only trading system**, this isn't our moment to act, but it's a good time to observe and patiently wait for the next opportunity. While the market trends downward, it’s crucial to remain disciplined and avoid reacting impulsively.
In the meantime, let's stay calm, prepared, and stick to the strategy. Patience is key in volatile markets like this. When the time comes, we’ll be ready to take advantage of the opportunity.
Bitcoin price correction will begin soon...Fundumental - According to the latest news, Tesla company has transferred 12,000 of its bitcoins. It is not clear what they have decided, but it is clear that if these assets are sold, we will see a sharp drop in the price. On the other hand, the situation in the Middle East is extremely unstable and there is a possibility of a full-scale war at any moment, which will lead to the instability of financial markets, especially high-risk markets.
Technical - There is strong and credible daily channel as you see in the chart. This channel was started in the daily time frame about 8 months ago and is still valid. Currently, BTC is moving near the resistance lines and the Potential Reversal Zone. In my oponion, Bitcoin price correction will begin soon. Everything clear in the chart.
Enter: 68K - 69K
TP1: 65K
TP2: 60K
TP3: 50500
SL: 71K
** Please follow your strategy and do your research before trading; this is just my Idea, and I will glad to see your ideas in this post.
Bounce here. Welcome to the beginning of the memecoin super cyclClouds are showing a lot more room to bounce here
Trend analysis shows a new support especially by the retraction of the most recent candle on that blue line
Meme coins go parabolic when BTC price discovers so I’ll be throwing some more in and longing BTC
BITCOIN DROPPING 35K, SURPRISE?!Hey,
How you’ve been doing?! Hope you’re doing great, living a wonderful time and life.
As we can see, Bitcoin's High was in March and although it has kept us super attentive to it in the last 7 months, in August we had the Low that although it felt a little, it was still only the beginning of what we will see.
A few days ago it went up to 69,000+, but it still did not reach the resistance from 29 July (70,000), which tells us that bullish momentum was not enough.
What I can see is that its tendency is to go down soon in a fast and surprising way. Something like 35k.
Get ready!
As soon as it is ready to go up, we will see each other again.
Until then!
BULLISH ON BITCOIN, 74K IS IN THE RANGENo panic selling, no fudding, we still got good support trend lines, we are in accumulation, soon BTC is gonna go off leash, 74k, then even 84k is in possibility
BTC shortBitcoin on reversal state, looking for a retest around entry level to tag along with sellers on the market. Fingers crossed
Small dip before big pumpLooks like we got the small dump before we pump. This was kind of expected as nasdaq stocks were a bit over extended, I’m not to concerned stack sats every time the price dips. Not financial advice though but we’re looking Canada cut rates by .50 if they were a real economy the markets might actually care. But China has to ease and the US has to continue on the path it’s on. I think BTC is pricing in a Trump victory but I want to be clear BTC does not need him or anyone. The options are more important to me all the haters can short and get squeezed and we can start wheeling $ibit.
Bitcoin short to $65650 TodayJust set a Bitcoin short limit order 📉
Entry:$67100
stop: $67400
Target $65,650
Manual adjustment later on if filled and tp not hit.
Target 🎯 $66000 💰70% TP
Target 🎯 $65650 💰close
Bitcoin 72k when?If this support holds , we might soon see btc at 72k levels . If not our short is still open till 63k.
This wonderfull selling is predicted on my page.#BitcoinHello trader's
here is your selling that i know if you don't follow me then you missed
now comment down at which level market is going to next reversal..
so don't miss the follow and like for next update..
BTC Update : 60K or CrashInside bar formed and broke on the downside at 69K supply zone.
Considering the flag breakout price should find support at 50% fib level. If bulls fail to defend this demand zone then I expect price to crash till 38K.
Do or die time for crypto.
BTC - Testing Critical SupportRight now Bitcoin is at a pivotal level. After the recent breakout above our red line of old resistance price is currently trying to flip it into a new level of support. If this retest is successful then Bitcoin will be able to increase to fight the $70k+ resistance levels, if price cannot hold this trendline, the upwards move could be delayed for some time as this would represent a fakeout.
Most likely price should hold here given our 4H RSI is at oversold conditions. I have outlined with green bubbles every time price has reached oversold conditions on the 4H and each time we have seen a bounce.
No confirmation on the 4H yet, but be watching for the signs I have outlined above.
Updating the 2hr to the downtrend transition 🛠 Strategic Approach: Use a system and be patient, trade with the trend, and avoid reacting emotionally to stop losses.
Losses are part of the game, but controlling emotions and staying focused on probabilities is key to long-term success.
Bitcoin Analysis ==>> Bearish Pennant Pattern!!!Bitcoin ( BINANCE:BTCUSDT ) moved and filled the CME Gap as ✅I expected from the previous post .
Bitcoin was able to move itself below the Important Resistance Line and Resistance zone($70,080- $68,250) .
Regarding Elliott wave theory , Bitcoin seems to have completed the main wave 5 as I expected with the Ending Diagonal . Currently, Bitcoin has completed 5 bearish (small) waves and is completing corrective waves .
In terms of Classical Technical Analysis , Bitcoin has the ability to form a Bearish Pennant Pattern or Head and Shoulders Pattern . ( I drew the pattern separately for you so that the chart is not busy .)👇
I expect Bitcoin to continue its decline to at least $65,500 , and if the Support zone($66,500- $64,480) is broken, we should expect more Bitcoin declines .
⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250) and Resistance lines, we should wait for a new All-Time High(ATH) for Bitcoin.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analysis==>>Ending Diagonal!!!Let's update the Bitcoin chart .
Bitcoin( BINANCE:BTCUSDT ) is in the Resistance zone($70,080- $68,250) .
According to Elliott's wave theory , Bitcoin seems to be completing the main wave 5 . The structure of the main wave 5 is Ending Diagonal .
I expect Bitcoin to FALL again and fill the first CME Gap($67,250- $67,050) .
What is your idea Bitcoin can make a New All-Time High(ATH)?
⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250) and Resistance lines, we should wait for a new All-Time High(ATH) for Bitcoin.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Roadmap==>>1-hour time frame==>>Filling CME GapBitcoin ( BINANCE:BTCUSDT ) is moving near the Important Resistance lines ( Bitcoin is attacking important resistance lines for the fifth time ) in the Resistance zone($70,080- $68,250) .
According to Elliott's wave theory , Bitcoin seems to be completing the main wave 5 in the small ascending channel .
Also, Regular Divergence (RD-) between Consecutive Peaks .
I expect Bitcoin to fail again after breaking the lower lines of the ascending channels (small and big) and then fill the first CME Gap($67,250- $67,050) .
⚠️Note: The formation of the Bull Trap is probably high.⚠️
⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250) and Resistance lines, we should wait for a new All-Time High(ATH) for Bitcoin.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ioiothis ideas makes a pattern indicator that say to me that I will not surrender to the fact that I will be able to do whatever I want with this analysis and if you don´t like it I can help you to develop other thing.
BTC analysis in RTM languageThe picture clearly shows the analysis and there is no need for further explanation...
BTCUSD TF D 231024wait till price come into the zone and break out with big green/red candles
entry (TF 2h,4h)
SL at previous low/high
TP at Fibonacci
BTC follow up projection to $67535 for next 2 days Hello traders , this current bounce is the most important bounce that will tells us if Bitcoin Daily uptrend still active or it will be halted by end of week. If Bulls manage to push price above $67500 and holds firm above it then the next drop will be a higher low from the 1hr pov and if it doesn't then the drop will likely be to test the GETTEX:64K mark. Will see within the next 2 days . buckle up ladies and gentlemen bumpy road ahead.
