BTC LongLong opportunity on breaker block of 1H on the 0618 fib.
Elliot ABC retracement after breaking previous swing high
BTCUSDT.PS trade ideas
BTC Trend Shifting ? and ask about your altcoin analysisBTC / USDT
Quick summary :
190 days have passed since the BTC topping in march 2024 at 73k
Since that moment BTC was trading in downtrend with LH and LL
What we can see in chart :
finally we can start seeing serious bullish signals
1- First Higher low in 6 months
2- Triple bottom formation in RSI indicator
What I wait and expect for next ?
I think we can produce HH soon then a small final correction and after that UP ONLY
Invalidation:
Lose the current HL and continue again in LH and LL
You can ask about your fav altcoin analysis in comment section below and I will try to reply all… Ask for 1 altcoin and write complete symbol (ex: BTCUSDT)
BTC - Still Bullish...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, attached on the chart, BTC rejected the red structure and traded higher creating a new short-term structure marked in orange.
📈As long as the structure marked in orange holds, BTC will remain bullish, and a movement towards the upper bound of the blue channel and all-time high at $74,000 is expected.
📉 If the orange zone is broken to the downside, a bearish correction toward the $65,000 round number would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin can rebound up from triangle to 68400 resistance levelHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time traded near the support level, which coincided with the buyer zone and then broke it, after which it rose to 68K points. After this movement, the price made a downward impulse to support line and then grew. In a short time later it rose to a resistance level, but then corrected almost a support line, after which turned around and continued to grow. Later BTC reached the 68400 level, broke it and even rose higher than the seller zone, but soon fell below. Price some time traded near this level and then rose higher than the seller zone again, after which turned around and started to decline inside the triangle. In this pattern, BTC broke the support level with the resistance level and fell until to the buyer zone and even lower, to the support line of the triangle. After this, the price made impulse up to the 68400 level and then rebounded down to the support line. A not long time ago, BTC bounced from this line and started to grow. So, in my opinion, the price can make a move down, below the support line of the triangle, and then rebound up to the 68400 resistance level, which coincides with my TP. Please share this idea with your friends and click Boost 🚀
What could be the next BTCUSDT move?possible next target is 72800
Note : that is not an investment advice
BTC expectation (1W 1D 1H) (Support & Resistance, Trend)
In my previous post on BTC, I viewed the current downtrend as a temporary pullback before the USD presidential election.
We now have limited time left before the election and the upcoming week is going to be very important. Although the election takes place on the 4th, results may take several days, with the vote-counting pace varying state to state. This might lead to significant volatility during this period.
I do technical analysis but I also respect the fundamental analysis - we cannot overlook events like the election outcome.
✔ The price remains above the resistance line of the weekly downtrend, giving us expectation of a continued uptrend.
✔ In the hourly chart, I expected the pullback to reach as low as 67.3k where the purple arrow points. The pullback was not as aggressive as it could've been so we unfortunately missed that opportunity.
69.3k line has been resilient for the last few days but eventually failed to hold the pullback longer. The price is currently in the 68 - 69k zone which is crucial.
💡 I think there are 5 scenarios we can expect:
1. The price may move up again from here with 68 - 69k zone acting as a support zone. The aggressive dip did stop as soon as it reached 68k. However, I find this approach risky because it's just an assumption based on the zone - price does not always respect key zones & levels. While more price actions in the past indicate the higher chances it might, but it is never a guarantee. (If it was, we would all be a billionaire.) We should always react rather than predict and only trade when we see a confirmation. And even then, there's always a chance of still being wrong.
2. The price may dip further down to 67.2 - 67.3k, which in my opinion, is much more reliable level than 68 - 69k. This level aligns with the resistance line of the weekly downtrend.
If we can confirm a reversal here, I think it would make a great sign of a bull run.
If it does not, however, probability of an uptrend drops significantly.
3. The price may react around 67.3k (if it ever reaches it), but might end up continue dropping to 65.3k. While a reversal here could be a good entry opportunity, it would be less reliable than the previous one.
4. This is our last chance to hope for a reversal. If we confirm a reversal in 63.1k, we might enter for LONG. However, if the price ever drops to this level, I wouldn't put much hope.
5. This is the last scenario - unlike the above four, this one is scenario of BTC failing to keep up the uptrend and switching back to the downtrend. If the price reaches below the last trendline, likelihood of it reversing becomes very low.
✔ Conclusion
So what is the best scenario among the five for us?
In my opinion, it is scenario 2 because it proves that the resistance line of the weekly downtrend now acts as a support. This trend line is more important than any other lines in the chart.
If the price falls below this line, our chance of seeing an uptrend becomes lower. I am not saying it becomes impossible because there's never a 100% guarantee in this market - but the chances are so low and risks are too high that I wouldn't bet on it as a disciplined trader. We should always stay disciplined and manage risks.
Few successful gambles may give you a temporal gain, but will eventually drag you down in long term.
Avoid making assumptions based on key levels - they aren't respected every time.
Always trade after confirming the reversal because we never know what happens.
React, not predict.
BTC/USD : new ATH is on the way ? (READ THE CAPTION)By analyzing the #Bitcoin chart in the weekly timeframe, we can see that after the last analysis, when the price was trading around $66,500, I expected Bitcoin to find support at this level and continue rising, which is exactly what happened. Bitcoin has now gained over 5%, reaching $68,500.
We’ll have to see if the price can hold above $69,000 in the next two weeks. If it does, we could potentially witness another rally and a new high above $74,000. This analysis will be updated as the situation progresses!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Btc chart - circlesBtc chart done using circles.
The emoticons represent price targets, the red arches act as support and resistance once the price enters the area.
BITCOIN: A Possible Rejection!!!BTC didn't hit the ATH but did rally as high as $73,620, aligning with our weekly analysis. The BRR pattern played out well.
On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.
Looking at the daily timeframe, BTC is likely to face a rejection around the $68.8k to $69k range.
In my next update, I'll cover altcoins, so stay tuned and trade safely.
Setup for SHORT entry:
~ Entry: $72,800 to CMP.
~ Stoploss: $74,500.
~ Leverage: 10x.
~ Target: $68.8k.
Do your own research and analysis before investing.
In Bitcoin Ascending triangle hase been broken Bitcoin has breakdown the ascending triangle here we can see a big sell/Short and Bitcoin should hit down to next support levels.
Fundamentally we can also see the election in USA on Tuesday so this election can be a big Dump in market so all traders be careful.
Bitcoin can touch 52k also according to my analysis.
Pull back is a pattern that can be recognized after it is formed
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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(BTCUSDT 1D chart)
The HA-High indicator is showing signs of being created at the 69843.04 point.
Accordingly, the point of observation is whether it can receive support and rise near the 69843.04-70148.34 section.
We need to check whether the StochRSI indicator falls below 50 due to this decline.
When the price is supported in the 68393.48-70148.34 range, if the StochRSI indicator remains below 50 and StochRSI > StochRSI EMA, it is a time to buy.
Basically, if the StochRSI indicator is above 50, it is better to focus on finding a time to sell, and if it is below 50, it is better to focus on finding a time to buy.
In particular, you should focus more when it is in the overbought and oversold ranges.
-
The MS-Signal indicator consists of M-Signal and S-Signal.
Since S-Signal is currently in the 66668.65-68393.48 range, it is possible to touch this range and rise, so caution is required when trading.
Therefore, it is better to check the movement when the state of M-Signal < S-Signal is changed.
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(BTCUSDT.P 1D chart)
If it falls below 68447.9, liquidation is required for positions purchased (LONG) below 67044.1.
In other words, if the first installment liquidation was performed above 69835.3, the second installment liquidation is required around 68447.9.
Then, when it shows support in the 68447.9-69835.3 range and the StochRSI indicator is below 50 and StochRSI > StochRSI EMA, you can make an additional purchase (LONG).
It is recommended that this additional purchase (LONG) be made below 69835.3.
-
Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising 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 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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BTC WILL FIND ANOTHER NEW ATHNOTE: This is pure price action analysis.
A new ATH has just been hit, and since it’s likely to reach another ATH, I assume BTC will correct around 68-70K, as that’s a potential support level to lock in before the next upward wave. The parallel channel indicates a move down to retest some trend lines and find solid support.
Based on indicators, there’s significant demand around 68-69K, which is why I believe this could be a strong support level.
BUT, be cautious of any volatility that could make the price movement unpredictable, especially with potential legal challenges from the losing U.S. election candidate. Legal proceedings can be manipulated. Trust your own feelings and trade at your own risk.
Refer to the previous chart on my profile.
BTC USDT Spot trade Bullish potential Bitcoin may see a potential pump starting from $69,100, with targets around $75,000 to $78,000. A breakout above $69,100 could signal bullish momentum, especially if accompanied by strong volume. Keep an eye on broader market indicators, as well as resistance levels approaching the target range. Consider a risk-managed entry with a stop-loss below $69,100 in case of reversal.
BTC Thesis Today - Read Signal CriteriaIn the current market environment, Bitcoin (BTC) presents a mixed bag of opportunities and challenges for scalping. This analysis focuses on optimizing short-term trades over the next 4 hours, leveraging both technical indicators and market sentiment to make informed decisions.
Data Analysis
Open Interest: Shows a moderate increase, indicating heightened trader activity.
Weighted Funding Rate: Slightly positive, suggesting a bullish sentiment among futures traders.
Liquidation Data: Reveals a balance between long and short positions, indicating no extreme bias in the market.
CoinMarketCap Data
Trading Volume: Substantial over the past 24 hours.
Liquidity Score: Indicates strong market depth.
Circulating Supply: Remains stable.
Market Cap: Shows resilience despite recent volatility.
Candlestick Patterns: Suggest potential bullish reversals, but caution is advised due to mixed signals.
Sentiment
Market sentiment analysis from Augmento.ai indicates a neutral to slightly bullish sentiment, with "HODL" and "Bullish" being the top sentiments. This aligns with technical indicators suggesting potential upward momentum.
Recent news and social media sentiment are mixed:
Optimism: Around institutional interest in BTC.
Concerns: About regulatory developments.
This could lead to short-term volatility, which scalpers can exploit.
Binance Data
Volatility Index: Moderately high, suggesting potential price swings.
Order Book Analysis: Significant buy walls at lower levels (support) and sell walls at higher levels (resistance).
Momentum Indicators: Mixed signals; some show bullish potential while others suggest caution.
Technical Analysis
1-Minute Timeframe
RSI: Above 60 (Bullish).
MACD: Showing a bullish crossover.
ATR: Rising, indicating increasing volatility.
5-Minute Timeframe
RSI: Around 57 (Neutral to slightly bullish).
MACD: Below the signal line.
Price Action: Suggests potential upward movement.
15-Minute Timeframe
RSI: At 52 (Mixed signals).
Bollinger Bands: Price breaking above the upper band, indicating potential bullish momentum.
1-Hour Timeframe
RSI: Below 50 (Bearish signals).
MACD: Below the signal line.
Recommendation: Caution is advised.
4-Hour Timeframe
RSI: Around 45 (Neutral).
Price Position: Below key moving averages, suggesting potential resistance.
Trade Recommendation
Given the current market conditions and technical indicators, the recommendation is to consider short-term long positions, capitalizing on the bullish signals in the 1-minute and 15-minute timeframes. However, be prepared to adjust positions quickly if bearish signals strengthen in longer timeframes.
Outcome: OPEN_LONG
Confidence Level: 68% - Moderate-High RISK now !!
Current Price: $69,630.02
Stop Loss: $68,500
Take Profit: $70,500
Exit Point: $70,000
Entry Signal Criteria
Timeframes: 1-minute and 15-minute
RSI: Above 60
MACD: Bullish crossover
ATR: Rising, indicating increasing volatility
Bollinger Bands: Price breaking above the upper band
Stochastic Oscillator: Entering overbought region
Current Positions
Open LONG Positions: 1
Open SHORT Positions: 0
Additional Analysis
Volatility Analysis
The ATR suggests increased volatility, which can be advantageous for scalping. Avoid entering trades during sudden spikes to minimize risk.
Order Book Dynamics
Monitor buy and sell walls for potential price reversals:
Buy Walls: Significant at lower levels, providing support.
Sell Walls: Indicate resistance at higher levels.
Price Action Signals
Look for bullish candlestick patterns, such as engulfing or hammer formations, to confirm entry points.
Real-Time News Impact
Stay updated on:
Regulatory News: Any developments that could impact BTC's price.
Institutional Activity: News about institutional investments in BTC.
Momentum Indicators
Use the Stochastic Oscillator to gauge the strength of the current trend and adjust positions accordingly.
Market Sentiment
Leverage sentiment analysis to anticipate potential market shifts and adjust strategies in real-time.
Conclusion
The current BTC market presents opportunities for scalping, especially in shorter timeframes with bullish indicators. Traders should remain vigilant, monitoring both technical indicators and market sentiment to make timely decisions.
Follow us x.com
Crypto Frenzy: Elon Musk's Impact on Bitcoin and DogecoinCryptocurrencies are skyrocketing just 7 days before the presidential election, and many people are wondering why. The answer, which should come as no surprise, is of course, Elon Musk.The reason is a perfect storm of sorts. Musk’s increased prominence as he campaigns for Donald Trump, his recent comments about cryptocurrency, and his potential role in a Trump administration (should Trump win) are all driving up the price of Bitcoin as well as Dogecoin and a number of other meme coins.Dogecoin, a favorite of Musk’s, was up 9.7% on Tuesday. This comes after the tech billionaire said at a Trump political rally in Pennsylvania that he’s not “actively involved” in crypto: “I just like Dogecoin.”
The billionaire founder of Tesla and Space X and owner of X has a long history with Dogecoin, which he first promoted in 2021 on Saturday Night Live, causing the price to spike, only to plunge afterward. (The meme coin’s price has gone up and down based on Musk’s comments since.)Musk, who has been actively campaigning for the Republican nominee and raising money for Trump, has also said he would be heading the Department of Government Efficiency, dubbed DOGE, if the former president is elected. That has also contributed to the frenzy, leading to a more-than-20% gain in Dogecoin over the past seven days, and 33% over the month.
Meanwhile, Bitcoin, which is the largest cryptocurrency by total market capitalization, was up over 4.4% on Tuesday, seemingly swept up in the excitement. It’s now trading just short of its March record high.
Bitcoin and altcoin overview (November 06-07)Yesterday, we saw a full reversal on Bitcoin, almost completely ignoring resistance zones and updating the previous ATH. This happened against the backdrop of preliminary election results showing D. Trump leading in the U.S. presidential race.
Currently, the maximum price of Bitcoin stands at $75,407. We've already seen a reaction from the mirror zone at $73,000–$72,000, so we don’t recommend considering it for buying again. At the $75,000 mark, signs of retention were observed in the form of volume anomalies, so on a retest and reaction from this level, a correction to the nearest buyer zone is likely.
Buying zones: $71,400–$70,800 (mirror volume zone), $63,100–$62,500 (mirror volume zone), $60,000–$59,000 (buyer activity).
Interesting altcoins.
DOGE has a similar situation to Bitcoin. A strong volume zone formed during the rise, below which we are trying to consolidate. Additionally, the cumulative delta suggests a correction. We consider a short position if there’s a reaction from the $0.205–$0.211 zone or a false breakout of the marked local high.
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.
11/03/24 Weekly BTC move planning11/03/24 Weekly BTC move planning
- Two potential reversal zones identified.
Awaiting consolidation to make decision for entry.
Shorting Bitcoin at $105,000 would be an exciting play!Hello Padawans,
This chart shows a Bitcoin (BTC) price analysis with several Fibonacci retracement levels marked. Here are the key points in the image:
1. Price Levels and Fibonacci Extensions:
- Key Fibonacci levels are drawn across the chart, including 0.236, 0.382, 0.5, 0.618, 0.786, and several extension levels (such as 1.618 and 2.618).
- The 2.618 level, shown in red at around 104,827, represents a significant Fibonacci extension point, possibly indicating a strong resistance level for Bitcoin.
2. Price Action:
- The Bitcoin price is currently at 75,050, as shown by the green label in the middle right of the chart.
- The highest recent level on this chart is around 76,420, suggesting it might be a recent high or resistance level.
3. Volume Indicator:
- A volume bar is visible at the bottom of the chart, indicating the trading activity, with recent volume levels shown around 30.106K.
4. Potential Resistance Levels:
- There are several dashed lines indicating possible resistance levels, such as 82,800 and 87,216, with 104,827 being a significant upper target.
This chart likely represents an analysis of potential retracement or resistance zones for a Bitcoin short or long setup around these key levels, with the 104,827 area being a focal point for a potential short opportunity if reached.
Enjoy!
BTCUSDT 15 min - BEAR & BULL StrategiesBTCUSDT 15 min - BEAR & BULL Strategies
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Thank you!
_______________________________________________________
BTCUSDT 15 min - Bullish Channel Strategy
Ok, we already have a new ATH at 76k, and now what?
As always we need to set a strategy that allows us to properly manage the risk and reward equation.
We don't really know what the price will do. It may break down, correct to 73k and gain momentum. If so, we need to set buy and sell zones that improve our probability of success.
LEVELS BULLISH STRATEGY:
TP 78K
BUY: 75200
SELL: 74600
LEVELS BEAR STRATEGY:
SL: 74600
BUY: 73000
In the uncertainty zone, they will dance with us until we have not a single $ left in our pocket :)
We just have to wait for the triangulation to break in one direction or another.
Good luck in your decision making.
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I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, educate yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
$BTCUSDT ATH is break. What's next?BINANCE:BTCUSDT
Earlier I wrote about the correction idea and it turned out to be correct. The price corrected below the set level on the background of news, but after the election results the price has clearly reached the set goals and so far stopped at the levels I gave as a reference point.
I think now the price will hold at these levels or correct a bit and there will be a bigger flow of funds into alts and memes.
Let's keep our hand on the pulse and wait for the next updates.
Subscribe for quick notifications on my tg channel via the link in my profile or signature.
BTC UPDATE AND ANALYSISBTC is still in bullish trend but due to US elections market is being manipulated. Currently I have marked area where we can see pump after grabbing liquidity and MSS. Big pump after grabbing this liquidity.
