Rektproof Inspired longI like the way he draws those boxes to show a liquidity hunt. Sell TWAP seems to be over, coinbase back to TWAPing in.Longby r90000Updated 4
Bitcoin - Time to buy again!Finally, Bitcoin broke the symmetrical triangle and the price can fall to the support zone. also 53k is a good price to buy again!!! ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguardUpdated 3737422
Bitcoin broke channel - for rise price should create value Bitcoin broke channel - for rise price should create value and hold it in a video i shared with you 2 best examples where to take new LONG trades and scalp short 04:33by Yuriy_BishkoUpdated 4431
BTCUSDTHello Traders! Should You Buy or Sell Bitcoin? Overall, Bitcoin has been trending higher, after it broke above the parallel triangle, indicating significant potential for the Bulls in the near term. However, the price is now approaching the important resistance zone near $64,280, which is likely to result in a temporary correction. After that, from the psychological support zone of $61,200, along with the push of the 34.89 EMA, we expect a major upside move. Traders can consider buying and targeting a profit at $69,580. If you found this analysis helpful, don’t forget to like and share your thoughts in the comments! ❤️Longby Dominic_BitcoinUpdated 4
BTC ShortResisting 60k area. which is downtrend line resistance and horizontal resistance if this level holds, a rejection to 58k area is target. use stop loss. maybe we can see some chopShortby TrendingMovesUpdated 5
Bitcoin Daily TargetsToday we have two targets for Bitcoin. The short moves looks exhausted, and the whole pattern (volume+pattern+order flow) looks bullish. The first target is the area at $59.100, next if Bitcoin will have enough strength, we can target the area at $59.700/$60.000Longby SaliJournal5
BTCUSDT- Be optimistic! - Trending up!Hello, guys, It is observed that price is traded within a band (blue channel) forming a pattern known as the bullish flag which is highlighted (green) pole and a trading channel (blue). This present a massive opportunity as this chart structure indicates a prospective price rise of about 70%. This also aligns with the other fundamentals like the US elections in November as usually market makers will take position before significant events. The idea is to buy at the lower troughs of the blue channel while expecting a price break-out to about $88,000 ACTION PLAN 61200-64200 -- BUY 60800 -56500 --WAIT/ DO NOTHING BELOW 56000 --SELL However, this trade idea gives a risk reward ratio of 8.9. Good luck to youby Illusory-lifeUpdated 4
BTCUSDT.1DIn this analysis of the Bitcoin/USDT daily chart, we observe several key technical patterns and indicators that guide my trading decisions. Currently, Bitcoin is trading at around $60,532.70, showing a significant increase of 3.98% on the day. Firstly, the resistance levels (R1 and R2) and support levels (S1 and S2) are crucial in understanding potential price barriers. The first resistance level (R1) at approximately $56,715.30 has been recently breached, suggesting a bullish momentum. The next significant resistance level (R2) is at around $65,272.36, which could be the target if the bullish trend continues. Conversely, the support levels (S1 and S2) at $48,629.92 and roughly $49,000 respectively, provide areas where price pullbacks might stabilize and potentially reverse. The price has recently broken out of a downward trend, indicated by the red trendline, and has moved upward, crossing this boundary, which is a bullish signal. If the price can maintain above this breakout level, it would confirm the continuation of the bullish trend. The Moving Average Convergence Divergence (MACD) is also indicative of growing bullish momentum, as the MACD line (blue) crosses above the signal line (orange). This crossover, coupled with a positive histogram, supports the idea of increasing buying pressure. Additionally, the Relative Strength Index (RSI) at 46.21, though closer to the middle, shows that there's room for upward movement before the asset becomes overbought. This indicates potential for further price increases before hitting overbought territory. In conclusion, my analysis suggests that Bitcoin is currently on a bullish trajectory, having broken key resistance and showing strong signals on both MACD and RSI indicators. My strategy will involve closely watching the $65,272.36 resistance level for potential sell signals, while maintaining vigilance on the support levels for buy opportunities should any pullbacks occur.by MarsSignals4
BTC short to low 40's and back up to 56k before October 1st I've been working to get into this trade the last couple of days and seem to have a good entry for now. Let's see how the volatility will be tomorrow. I expect another bump n run, but have my risk managed. Shortby Dutch_Viking4
There Is No Reason To Be Bearish At Current Situation👉 In My Idea At Current BTC Situation There Is No Worry About The Market And We Are At The Corrective Phase At Low Timeframe Before Breakout The Trend Line 📈 57500$ Is a PRZ That I Named It As a Wave 2 From Main Impulse Or Wave A From Main 2, At Both Scenarios We Are At The Correction Wave Not a New Bear Trend And At Worst Scenario We Will See 56k Area As a Wave 2 Low Before Break The 60700$ Resistance Longby Bullish_Traders4
Swiss Knife [MERT]Introduction The Swiss Knife indicator is a comprehensive trading tool designed to provide a multi-dimensional analysis of the market. By integrating a wide array of technical indicators across multiple timeframes, it offers traders a holistic view of market sentiment, momentum, and potential reversal points. This indicator is particularly useful for traders looking to combine trend analysis, momentum indicators, volume data, and price action into a single, easy-to-read format. --- Key Features Multi-Timeframe Analysis: Evaluates indicators on Daily, 4-Hour, 1-Hour, and 15-Minute timeframes. Comprehensive Indicator Suite: Incorporates MACD, Awesome Oscillator (AO), Parabolic SAR, SuperTrend, DPO, RSI, Stochastic Oscillator, Bollinger Bands, Ichimoku Cloud, Chande Momentum Oscillator (CMO), Donchian Channels, ADX, volume-based momentum indicators, Fractals, and divergence detection. Market Sentiment Scoring: Aggregates signals from multiple indicators to provide an overall sentiment score. Visual Aids: Displays EMA lines, trendlines, divergence signals, and a sentiment table directly on the chart. Super Trend Reversal Signals: Identifies potential market reversal points by assessing the momentum of automated trading bots. --- Explanation of Each Indicator Moving Average Convergence Divergence (MACD) - Purpose: Measures the relationship between two moving averages of price. - Interpretation: A positive histogram suggests bullish momentum; a negative histogram indicates bearish momentum. Awesome Oscillator (AO) - Purpose: Gauges market momentum by comparing recent market movements to historic ones. - Interpretation: Above zero indicates bullish momentum; below zero indicates bearish momentum. Parabolic SAR (SAR) - Purpose: Identifies potential reversal points in price direction. - Interpretation: Dots below price suggest an uptrend; dots above price suggest a downtrend. SuperTrend - Purpose: Determines the prevailing market trend. - Interpretation: Provides buy or sell signals based on price movements relative to the SuperTrend line. Detrended Price Oscillator (DPO) - Purpose: Removes trend from price to identify cycles. - Interpretation: Values above zero suggest price is above the moving average; values below zero indicate it is below. Relative Strength Index (RSI) - Purpose: Measures the speed and change of price movements. - Interpretation: Values above 50 indicate bullish momentum; values below 50 indicate bearish momentum. Stochastic Oscillator - Purpose: Compares a particular closing price to a range of its prices over a certain period. - Interpretation: Values above 50 indicate bullish conditions; values below 50 indicate bearish conditions. Bollinger Bands (BB) - Purpose: Measures market volatility and provides relative price levels. - Interpretation: Price above the middle band suggests bullishness; below the middle band suggests bearishness. Ichimoku Cloud - Purpose: Provides support and resistance levels, trend direction, and momentum. - Interpretation: Bullish signals when price is above the cloud; bearish signals when price is below the cloud. Chande Momentum Oscillator (CMO) - Purpose: Measures momentum on both up and down days. - Interpretation: Values above 50 indicate strong upward momentum; values below -50 indicate strong downward momentum. Donchian Channels - Purpose: Identifies volatility and potential breakouts. - Interpretation: Price above the upper band suggests bullish breakout; below the lower band suggests bearish breakout. Average Directional Index (ADX) - Purpose: Measures the strength of a trend. - Interpretation: DI+ above DI- indicates bullish trend; DI- above DI+ indicates bearish trend. Volume Momentum Indicators (VolMom, CumVolMom, POCMom) - Purpose: Analyze volume to assess buying and selling pressure. - Interpretation: Positive values suggest bullish volume momentum; negative values indicate bearish volume momentum. Fractals - Purpose: Identify potential reversal points in the market. - Interpretation: Up fractals may indicate a future downtrend; down fractals may indicate a future uptrend. Divergence Detection - Purpose: Identifies divergences between price and various indicators (RSI, MACD, Stochastic, OBV, MFI, A/D Line). - Interpretation: Bullish divergences suggest potential upward reversal; bearish divergences suggest potential downward reversal. - Note: This functionality utilizes the library from Divergence Indicator. --- Coloring Scheme Background Color - Purpose: Reflects the overall market sentiment by combining sentiment scores from all indicators across different timeframes. - Interpretation: - Green Shades: Indicate bullish market sentiment. - Red Shades: Indicate bearish market sentiment. - Intensity: The strength of the color corresponds to the strength of the sentiment score. Sentiment Table - Purpose: Displays the status of each indicator across different timeframes. - Interpretation: - Green Cell: The indicator suggests a bullish signal. - Red Cell: The indicator suggests a bearish signal. - Percentage Score: Indicates the overall bullish or bearish sentiment on that timeframe. Exponential Moving Averages (EMAs) - Purpose: Provide dynamic support and resistance levels. - Colors: - EMA 10: Lime - EMA 20: Yellow - EMA 50: Orange - EMA 100: Red - EMA 200: Purple Trendlines - Purpose: Visual representation of support and resistance levels based on pivot points. - Interpretation: - Upward Trendlines: Colored green, indicating support levels. - Downward Trendlines: Colored red, indicating resistance levels. - Note: Trendlines are drawn using the library from Simple Trendlines. --- Utility of Market Sentiment The indicator aggregates signals from multiple technical indicators across various timeframes to compute an overall market sentiment score. This comprehensive approach helps traders understand the prevailing market conditions by: Confirming Trends: Multiple indicators pointing in the same direction can confirm the strength of a trend. Identifying Reversals: Divergences and fractals can signal potential turning points. Timeframe Alignment: Aligning signals across different timeframes can enhance the probability of successful trades. --- Divergences Divergence occurs when the price of an asset moves in the opposite direction of a technical indicator, suggesting a potential reversal. - Bullish Divergence: Price makes a lower low, but the indicator makes a higher low. - Bearish Divergence: Price makes a higher high, but the indicator makes a lower high. The indicator detects divergences for: RSI MACD Stochastic Oscillator On-Balance Volume (OBV) Money Flow Index (MFI) Accumulation/Distribution Line (A/D Line) By identifying these divergences, traders can spot early signs of trend reversals and adjust their strategies accordingly. --- Trendlines Trendlines are essential tools for identifying support and resistance levels. The indicator automatically draws trendlines based on pivot points: - Upward Trendlines (Support): Connect higher lows, indicating an uptrend. - Downward Trendlines (Resistance): Connect lower highs, indicating a downtrend. These trendlines help traders visualize the trend direction and potential breakout or reversal points. --- Super Trend Reversals (ST Reversal) The core idea behind the Super Trend Reversals indicator is to assess the momentum of automated trading bots (often referred to as 'Supertrend bots') that enter the market during critical turning points. Specifically, the indicator is tuned to identify when the market is nearing bottoms or peaks, just before it shifts direction based on the triggered Supertrend signals. This approach helps traders: Engage Early: Enter the market as reversal momentum builds up. Optimize Entries and Exits: Enter under favorable conditions and exit before momentum wanes. By capturing these reversal points, traders can enhance their trading performance. --- Conclusion The Swiss Knife indicator serves as a versatile tool that combines multiple technical analysis methods into a single, comprehensive indicator. By assessing various aspects of the market—including trend direction, momentum, volume, and price action—it provides traders with valuable insights to make informed trading decisions.by mertenes3114
24.09.14 Whale Indicators (Following $2500 to $1300 Money Copy)Hello, I'm Whale_signal Let's get to the point BTCUSDT - There Were Two Purple Whale Indicators On The 1H Chart I Previously Posted The purple whale index below shows dirty moving, The above purple whale indicator (with whale photo) showed a precise touch and a $1300 rise Unfortunately, other rooms and real-time chart sharing should consider the above purple whale indicators (the section with whale photos) as important. The explanation has been emphasized additionally and consistently (with certification) As expected, I was able to get a good return by breaking through the second purple whale indicator (the section with whale photos) Now, you can look at the purple whale index at the top It's Chuseok holiday in Korea, so you can refer to the chart above without much updates If you're curious about more real-time updates Please refer to the real-time chart sharing (free) of whale indicators below I'll stop here for today The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$ ***whale surface intensity*** Purple>>>Orange>>>White (Purple indicators are the strongest)by Whale_signal14
BTC Update (4H)This analysis is an update of the analysis you see in the "Related Ideas" section It looks like the symmetrical is over and we are in a new pattern or wave X We specified the main supply on the chart. We are looking for sell/short positions in this range. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank Youby behdark6
SHORT BTC Looking at the chart for **Bitcoin (BTC/USDT)**, here’s a breakdown of the analysis: ### 1. **Market Structure:** The chart shows a series of **consolidation ranges**, marked by the purple boxes, with the price moving between these ranges over time. These ranges suggest that the market is in a sideways, ranging phase, with clear support and resistance levels being respected. ### 2. **Key Levels:** - **Resistance Level (around 61,176 USDT):** Bitcoin is currently near a resistance zone, and from the recent history of the price movement, this level has acted as a barrier multiple times. - **Support Level (around 59,569 USDT):** The price has bounced off this level a few times as well, and it seems to be a significant support zone in the current market. ### 3. **RSI Indicator:** The RSI is hovering around **64**, which is approaching overbought territory but is not quite there yet. This suggests that the price could still move upward a bit before the market considers it overbought, but caution is warranted as a reversal could happen. ### 4. **Trade Plan:** - Based on the current structure, you seem to be expecting a **rejection from the resistance** level near 61,176 USDT. - The **downward arrow** in the chart indicates that you're anticipating a sell-off or correction once Bitcoin reaches this resistance zone, with the price potentially moving toward the next support area. ### 5. **Potential Targets:** - **Short-Term Target:** You may expect the price to drop back to the 59,569 USDT level initially, which is the nearest support zone. - **Longer-Term Target:** If the price breaks through this support level, the next target could be around 54,000 USDT, as indicated by the lower support zone. ### 6. **Conclusion:** This trade idea appears to be a **sell setup**: - **Sell near resistance (61,176 USDT)** if a rejection occurs. - **First target** at **59,569 USDT** (support). - If the price breaks lower, you could look for a **further decline toward 54,000 USDT**. This setup follows a classic range-bound trading strategy where the price is expected to reverse at resistance and head toward the nearest support level. Monitoring the RSI and price action around these key levels will be crucial for timing the entry and exit of the trade.Shortby Ryantungle5
BTC Short (Full Trade Plan)Traders, let's look at this traditional bearish chart setup. 1) For the past six months, there has been a bearish consolidation in the price of bitcoin. The market appears to be in the distribution phase, 2) as seen by the decline in volume (you can observe volumes in a one-month timeframe). I'm wishing you success and financial gain. SHORT BTCUSDT Current price: $60,408 Entry levels: 1) $61,000 2) $62,000 3) $63,000 Targets: 1) $52,500 2) $48,000 3) $42,444 4) $39,000 Stop-loss: $66,000 Potential profits: 70% - 200% Capital allocation: 2% Shortby limitissky774
BTC Bitcoin Brief Rise, But Correction LoomsIf you haven`t sold the top on Bitcoin: Now you need to know that as the Federal Reserve's highly anticipated rate cut approaches, the market is bracing for potential volatility, and Bitcoin could be no exception. While many expect a modest 25 basis point cut, a more aggressive 50 basis point reduction is also on the table. This larger-than-expected move could trigger a “buy the rumor, sell the news” scenario, affecting not only traditional assets like the S&P 500 (SPY) and Nasdaq 100 (QQQ) but also risk assets like Bitcoin. Initially, Bitcoin may see a slight uptick in price at the beginning of next week. This short-term rise could be fueled by optimism and increased demand for alternative assets as the market digests the Fed's decision. Bitcoin has historically benefited from periods of loose monetary policy, and in the immediate aftermath of the rate cut, it might experience some buying pressure. However, this rally could be short-lived. With broader markets such as SPY and QQQ expected to correct following the Fed decision, Bitcoin is likely to follow suit. Given its high correlation with risk-on assets during periods of market stress, Bitcoin may see a sharp pullback as traditional equity markets start to sell off. Traders could also unwind their positions in Bitcoin alongside stocks, leading to a broader market correction in both traditional and crypto assets. In the short term, a Fed rate cut that exceeds expectations might signal concerns about the underlying economy, leading to heightened volatility across the board. As risk appetite wanes, Bitcoin's upward momentum could quickly reverse, aligning with the expected correction in SPY and QQQ.by TopgOptions5
Rate Cuts Play out cup and handle patternFOMC Rate Cut: The Federal Reserve cut rates by 50 basis points in September 2024, aiming to boost economic activity as inflation eases. This cut provides increased liquidity and lowers borrowing costs, likely benefiting speculative assets. Bitcoin’s Cup and Handle Pattern: The cup and handle pattern in Bitcoin suggests a bullish breakout with a potential target of $120,000. Lower interest rates increase investor demand for Bitcoin, encouraging price gains. The favorable monetary environment supports a move toward this target, as investors seek higher returns in alternative assets like cryptocurrencies. BITSTAMP:BTCUSD Longby chartzilla3
Bitcoin Analysis on the H4 18/09/2024 - Macro Overview Investors continue to withdraw bitcoin, putting pressure on exchange balances, which have dropped below 2.99 million BTC. An additional $130.2 million investment into spot bitcoin ETFs, excluding IBIT, FBTC, and BRRR due to pending results, confirmed previous figures. Investors are more optimistic about the positive momentum in Q4, supporting bitcoin prices. - Technical Analysis After retesting the 57,660 level, BTCUSD recovered above both EMAs and formed a higher high. This strong bullish momentum has shifted the structure upwards, accumulating strength. If BTCUSD extends its rally beyond 60,600, the price could test 61,600 before reaching 62,800. Conversely, if BTCUSD remains below 60,600, the price may retreat to 59,200 before continuing the trend.Shortby Golden-Fund-Forex4
BTC LongOrder fill level is near around 60150 this time i am looking for double supply after order fill level which is also retest area and taget i will look for after seeing double supply is 85698. it will be swing. for long time. Longby MeghalTrivedi2
BTC update - Sep 20 2024Following FED's announcement and the 0.5% rate cut, market's reaction was positive and many coins experienced pumps as was expected. #BTC was no exception as well and the announcement helped BTC push through the 60,000 - 61,000 resistance zone. Most important level ahead is probably 65,700 as daily close above the mentioned level can take BTC to 71,000 area.Longby AlgoBotTrading3
BTC Scalp Long To The 59680$📈 We Had a Bounce From 57700$ Support And Its a Sign Of a Breakout From 58500$, So Open a Scalp Long In Here By Small Stop Loss Is Not a Bad Idea, Target Is 59680$ Longby Bullish_TradersUpdated 1113
Bitcoin_idea.exeBitcoin's price action continues to show a strong bullish trend. 4f 6e 20 46 72 69 64 61 79 2c 20 66 6f 6c 6c 6f 77 69 6e 67 20 74 68 65 20 72 65 6c 65 61 73 65 20 6f 66 20 74 68 65 20 4e 46 50 20 64 61 74 61 2c 20 42 69 74 63 6f 69 6e 20 65 78 70 65 72 69 65 6e 63 65 64 20 61 20 73 68 61 72 70 20 64 72 6f 70 2e 20 48 6f 77 65 76 65 72 2c 20 62 79 20 74 68 65 20 65 6e 64 20 6f 66 20 74 68 65 20 64 61 79 2c 20 74 68 65 20 70 72 69 63 65 20 66 61 69 6c 65 64 20 74 6f 20 67 61 69 6e 20 66 75 72 74 68 65 72 20 64 6f 77 6e 73 69 64 65 20 6d 6f 6d 65 6e 74 75 6d 2c 20 61 6e 64 20 69 6e 73 74 65 61 64 20 6f 66 20 63 6f 6e 74 69 6e 75 69 6e 67 20 6c 6f 77 65 72 20 74 6f 20 74 65 73 74 20 74 68 65 20 73 75 70 70 6f 72 74 20 6f 66 20 74 68 65 20 66 6c 61 67 20 66 6f 72 6d 61 74 69 6f 6e 20 28 77 68 65 72 65 20 42 69 74 63 6f 69 6e 20 68 61 73 20 62 65 65 6e 20 74 72 61 64 69 6e 67 20 66 6f 72 20 74 68 65 20 70 61 73 74 20 73 69 78 20 6d 6f 6e 74 68 73 29 2c 20 69 74 20 72 65 76 65 72 73 65 64 20 74 6f 20 74 68 65 20 75 70 73 69 64 65 2eLongby JasonValice3
I have moved my stop loss to break evenI have moved my stop loss to break even as I said in my previous BTC trade idea fro this week. The idea seems working pretty well until now and let’s see what happens next. I will publish my take profits too if they hit.Longby TraderKempo3