BTC IS PERFORMING A FALLING WEDGE PATTERN %%elliot waves also telling us we are now completting wave (d) from triange . we will touch at least 97k then price will fall 91k and then boommmm.
BTCUSDT.P trade ideas
Bitcoin IdeaHi everyone,
I'd like to share my perspective on Bitcoin's BINANCE:BTCUSDT potential price action.
In the medium term, I anticipate a simple sinusoidal movement, characterized by a decline to the $86,000 - $85,000 range within the 4-hour timeframe. This projection aligns with my ultimate price target.
Furthermore, this anticipated movement is unfolding within three discernible bearish channels, encompassing both mini and macro scales.
I hope this insight proves valuable for your analysis and trading decisions.
Best of luck, and happy trading!
BTCUSDT ( BITCOIN ) is in flying mood Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of BTCUSDT ( BITCOIN ) in 1-Hour TF
This chart appears to depict a falling wedge pattern that has broken out to the upside, which is typically a bullish signal.
Here's an FALLING WEDGE analysis
The price is trending upwards within the channel, indicating bullish momentum.
According to support area
BTCUSDT BUY AT 94771
TARGET WILL BE 10487
BTCUSDT soon below 90K(Below that support is extremely bearish)As we said before here price stop multiple times from falling with 90K support zone and soon after more sell open with whales and ... and also more buy open with new investors with leverage market will get ready and have the potential to start it is first phase dump and correction to the downside like the red arrows mentioned on the chart.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
Will Bitcoin hit $110,000? Are you ready for 17% profits?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin , 📚🎇
The outlook for the crypto market is largely positive. After the usual holiday lull, which often causes temporary price dips, we're seeing a surge in market volume. This increase signals renewed interest from investors, which is a bullish sign and could indicate rising prices soon. Bitcoin, in particular, might be on track to hit new all-time highs. 📚✌️
Technically, the charts show solid support levels, suggesting that upward momentum could continue, leading to potential gains of 17% in the near future. 📚✨
🧨 Our team's main opinion is: 🧨
After the holiday slowdown, rising volume and strong support could drive Bitcoin to new highs, with potential 17% gains.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Bitcoin (BTC): Liquidity Been Taken Out, Time For $100,000While markets had a nice little liquidity hunting going on yesterday, buyers did recover pretty quickly from there, where they now took back control of the local support zone (the bluish zone).
We are waiting to see the price near $100K, where we expect to see the final rejection and potential movement to happen below $90K but let's see, first we gotta see how markets will reach the $100K zone.
Swallow Team
The Price To About To Breakdown The 92k Support Toward a 85k👉 The Price Sitting Above The Crucial Support Zone And Also There Is a Head And Shoulder Formed At The Chart
📉 Currently The Price Bounced From a 92k Trend Line For The Fourth Time And By Each Hit This Trend Line Became Weaker And Weaker, My Expectation Is a Bitcoin Price Is About To Breakdown The 92k Support Toward a 85k As a Main PRZ For The Wave C
Bitcoin Market Update•Bitcoin recently experienced a liquidity grab to the downside, touching a key support level. At this stage, it’s important to wait for confirmation of a bounce through bullish candlestick patterns, RSI divergence, or increased volume.
•A break above local resistance or a successful retest of the support level would signal a potential reversal, providing an opportunity to enter the market with appropriate risk management, such as placing a stop-loss below the recent swing low and targeting prior resistance zones or Fibonacci levels.
#BTC rebound has been achieved📊#BTC rebound has been achieved✔️
🧠From a structural perspective, we reached the overlapping support zone and started the rebound, and tested the support near $90,000, which worked well. The rebound occurred as expected. If you have participated in long trades based on this idea, you have already made quite a good profit. You can reduce your holdings and expect more.
➡️Since we tested the support near $90,000 and quickly recovered and are within the weekly support zone, we should continue to maintain a bullish view next. If there is a suitable pullback, it will be a good opportunity for us to re-enter the long trade.
Let's see👀
🤜If you like my analysis, please like💖 and share💬 BITGET:BTCUSDT.P
BTC/USDT 4-hour chart !!The BTC/USDT 4-hour chart highlights key technical levels and potential market movements:
Bitcoin has rebounded strongly from the green horizontal demand zone near $92,000-$94,000, indicating that buyers are coming to defend this crucial level.
A descending trendline continues to act as resistance around the $98,000-$100,000 range. A breakout above this line will signal a shift in momentum towards the bulls.
The recent surge indicates renewed buying interest, and if Bitcoin maintains this upward momentum, it could challenge the descending trendline in the near term.
A breakout above this resistance could open the door for further gains, potentially targeting the $102,000-$105,000 range.
Moving Averages:
The 21-period moving average is currently at $94,105 and could act as a dynamic support level if the price pulls back.
A clean break above the descending trendline could start a strong upward rally, with higher price targets in sight.
If Bitcoin fails to move above the trendline and reverses, retesting the green demand zone becomes possible. A breakdown below this zone could trigger further upward pressure.
Traders should keep an eye out for a decisive breakout or rejection at the trendline to confirm the market’s next direction.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
BTC max pain if the sell off continues! The BTCUSDT.P 12h time frame chart looks like it's forming a curve pattern to the downside as we might continue to sell off this month! Please share your thoughts and suggestions and do your own research if you find otherwise in HIGHER TIME FRAMES! Thanks
BTCUSDT. Analysis of the daily timeframeHey traders and investors!
Daily Timeframe Analysis
On the daily time frame, there is a sideways range. Its boundaries are marked on the chart. Yesterday, January 13, the price interacted with the lower boundary of the range at 90,500. 33% of the volume was accumulated in the 91,000-92,000 range (blue band on the chart), which is above the boundary. The quick buy-up is not always favorable for the buyer. A more favorable situation for the buyer would have been if the volume had been gathered below the boundary. Now, there is some unfinished business below 90,500. We’ll see how the situation develops.
The current buyer vector is 8-9, with a potential target of 102,724 (103,333, 108,353). There are several obstacles in the buyer's path: 95,836, 97,268, and above, the seller’s zone formed at the beginning of vector 7-8 (red rectangle on the chart).
1H Timeframe Analysis
On the hourly time frame, there is also a sideways range. Its boundaries are marked on the chart. The current buyer vector is 9-10 with a potential target of 99,963 (102,724).
Purchases can be considered (buying patterns) on the hourly time frame in the range of 93,100-94,127, where there are two bars with increased volumes and the upper boundary of the range where yesterday’s volume was traded.
You can also look for purchases around 91,530-90,500, but first assess whether any new obstacles for the buyer have formed on the hourly time frame as the price moves toward 91,530.
I wish you profitable trades!
GOD CANDLE BTC 20TH JANUARY BEFORE TRUMP INAUGURATEDThis is will my final technical analysis for every 4 years presidential inauguration. do more research for find the bottom and you can max leverage on that. ty
BTC GOING DOWNIn my own STRATEGY reaching 84585 is available.
Simple ABCD pattern. SL and TP is accurate.
BTC Heading to 102k againPrice revisited the liquidity from leveraged retail traders as a propulsion zone to 102k again. Needs to break the confirmation zone first.
BTC - 1D Elliott Wave AnalysisGreetings, this is a short update of the daily timeframe for Bitcoin.
It seems as if the red Wave B of the red ABC correction is in and we might have started the red Wave C which would take us into the blue Wave 4 support area which sits between the 0.236 FIB at 90942.3 USD and the 0.618 FIB at 68475.9 USD.
Assuming the red Wave B is in we can now calculate first targets for the red Wave C which are the 1 to 1 FIB at 86777.1 USD, the 1.236 FIB at 83382.8 USD, the 1.38 FIB at 81377.2 USD and the 1.618 FIB at 78167.6 USD.
Noteworthy is that the 1.38 FIB at 81377.2 USD target for red Wave C is in confluence with the 0.382 FIB at 81595.9 USD of the blue Wave 4 support which is the optimal target for a Wave 4.
In case we go up more directly we'd assume that the blue Wave 4 has finished the 30th December at 91510.0 USD which we deem as less likely at the moment.
Thanks for reading.
NO FINANCIAL ADVICE.
Important support and resistance zone: 93576.0-94742.35
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(BTCUSDT 1D chart)
The key is whether it can receive support near the important support and resistance zone of 93576.0-94742.35 and rise above 97461.86.
A short-term uptrend is expected to be possible only if it rises above 97461.86.
The support and resistance zones are marked with circles.
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(30m chart)
The point to watch is which direction it deviates from the 92792.05-97461.86 section and maintains.
If it meets the HA-Low indicator and rises, it is highly likely that it will re-determine the trend when it meets the HA-High indicator.
This is the same as the BW(0) and BW(100) indicators.
If the 5EMA of the 1D chart > M-Signal of the 1D chart changes, it is highly likely that it will show a short-term uptrend.
In order to continue the short-term uptrend, it must show support near 97461.86.
If not, the 97461.86 area will act as resistance.
Since the StochRSI indicator has touched the 100 point, we need to see if it can rise above 94742.35 and receive support.
Since the 5EMA and BW(100) indicators of the 1D chart are passing near 94742.35, it confirms that the area around 94742.35 is an important support and resistance area.
The 94742.35 point is the HA-High indicator point of the 1W chart.
If it goes down, it is important to see if it can be supported by the HA-Low indicator, BW(0) indicator, and 93576.0.
The 93576.0 point is the BW(100) indicator point of the 1M chart.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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The Magic of Elliott Waves on BitcoinBitcoin has the potential to move towards targets of $120,000 to $125,000.
If you would like us to include wave counts at lower times... please let us know in the comments.
Bitcoin rises as the dollar falls, with Bitcoin set to rise to 9Bitcoin rises as the dollar falls, with Bitcoin set to rise to 97,900 with the Friday-Saturday holiday
4HR:BTC Do or Die. Bullish Divergence W/ Possible Double BottomBTC at key levels here. We either reclaim these levels and confirm a double bottom or break down some more, which would confirm the Head and Shoulders and likely fall to 90k. The H&S potential neckline is where we are now.
Good News: There is Hidden Bullish Divergence On The MACD and momentum is gaining to make a push to regain this key inflection point.
Toss Up. I'm neutral.
Long Position on BTCUSDT with Single Take Profit **Entry Point:**
- Enter long when the price crosses and retests the $92,000 level. This is a crucial support level that could act as a springboard for a potential breakout.
**Take Profit Level:**
- **TP1:** $98,915
**Stop Loss:**
- Place your stop loss just below the $91,200 level to protect your position in case the breakout fails.
**Timeframe:**
- This setup is based on a 4-hour (H4) timeframe, with potential retests happening around key times (18:00, 06:00, 12:00).
**Risk Management:**
- Ensure you adhere to proper risk management principles. Position size accordingly and be prepared for market volatility.
**Conclusion:**
- This could be a lucrative opportunity to capitalize on a potential breakout. Stay disciplined, follow the plan, and secure those profits!
**Reference:**
- Analysis based on MoonTradingForecast published on TradingView.com on Jan 13, 2025, at 22:27 UTC+1.
**Hashtags:**
#BTCUSDT #CryptoTrading #LongTrade #TradingView #MoonTradingForecast
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