Get started

BITCOIN / TETHER Standard Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BTCUSDT.PS trade ideas

10.28 Whale Indicator (predicted USD 1200 rise, congratulations)Hello, I'm Whale Signal Through the last point of view, you were able to predict a 1,200-dollar rise and a 1,900-dollar rise We will continue to do our best to analyze trends so that you don't miss useful information that can generate profits despite market volatility First, let's look back on the last analysis In the last analysis, we said that the support line of the white whale indicator would be an important defense point, but it continued to rise with a press at the hour mark There was a very slight departure from the first candle, but the opportunity to buy the retest was again offered within the range of the hand's end, and I told you to keep an eye on the 68.5-69K range if the uptrend continues We explained that this is because this is a section where there is a possibility of disappointing sales if the head-and-shoulder pattern and Dow theory fail to break through the high point As a result, Bitcoin has seen a sharp decline, leaving a tail around 68.7K Those of you who have referenced my analysis have the opportunity to expect a return of about $1,200, and if it has helped you with the sale, I would like to congratulate you from the bottom of my heart Subsequently, a downward break from the support of the white whale indicator at the one-hour bar after receiving resistance led to a drop of about $1,900 in the next candle retest segment In a previous article, I mentioned a strategy of maintaining a loss line in the event of a departure from the white whale indicator, implementing some blade and main liquidation, and continuing to hold the remaining volume For those who have sold under this strategy, it is believed that it would have been possible to liquidate the partial day and the main account However, if further guidance had been made on the support section below, it would have been more profitable There were some regrets due to the long bottom tail, but as a result, I think we shared a good trading strategy Let's move on to today's analysis ⚠️Btcusdt - 1H Bitcoin has been seen going sideways over the weekend in a breathtaking segment Now, a week before the U.S. presidential election, there is a possibility that there will be a move to confirm the direction in the market Currently, Bitcoin appears to be forming a convergence pattern If this convergence is correct that it is progressing, we need to look closely at whether it breaks through the previous high or if it deviates from the previous low or if it can support it without In particular, if the upper resistance trendline and previous high breakthrough are confirmed, more attention will be paid to the important "core interval" in the whale indicator This is because we believe that the key section can be an important gateway to open up new market trends in the future In addition, we will carefully watch for the breakaway from the low, as trading volume has been on the defensive lately, whether it is triangular convergence or not If the trend continues to break lows in Dow theory, we need to focus on the sell-off segments below The whale surface area plans to respond flexibly based on specific trend lines in this situation (I've shared important sales tables that I must check today, so please check them out when you have time.) *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 resistance
by Whale_signal
BTC/USDT.P UpdateNew week, new start. Here we are closing the week without any new bullish momentum which makes me suspect we are gonna need to seek out more liquidity before breaking above this trend line level. I've in this daily tf chart marked potential levels of where it could retrace to. It would be a swing trade or you can see this as potentially building your position before the bull rally starts to finally break that ATH into price discovery. I still think you need to trade with risk management regardless, because there are a lot of potential event volatilities coming up in the near future. I'll be scalping more in streams and swing in these market updates. Trade safely!
Short
by Nate36989
BTC targets of the Bullish scenarioBTC is going to get, like Solana, at the beginning of this next month of November, an all-time high. And breaking through $73,650.00 there opens the way for the final leg of the bull run. This leg could extend to the end of the first half of the year or even the second half of 2025. I don't believe it will go beyond that. This would be my deadline for this bull run, of course, I'm not a fortune teller, but considering the variable income market, especially the S&P500 and Nasdac, they are already extended in a possible final 5th wave. Consider managing debris with a trailing stop or with a stop at the low of the daily chart, starting in the first half of 2025.
Long
by Chemintrader
Review for 10/24/2024, how market manipulator take their profit. This article is for reviewing 10/24/2024 short position and stop loss. Unfortunately, it seems that the price has hit my stop-loss line and dropped. However, I have no regrets. Today, I want to talk about the reasons behind my short stop-loss and how market manipulators (often referred to as 'whales') take advantage of traders like us. Let’s start by discussing the Blue wedge pattern. This time, the wedge pattern, Elliott Wave counting, and the support/resistance aspects were solid. There are generally two ways to trade based on the wedge pattern: (Number 1) entering at the top line or (Number 2) entering after the price breaks below the lower line. In the first method, the stop-loss is tight but the profit potential is high, while the second method offers a higher win rate but with a larger stop-loss. In this case, it would have been better to enter using the second approach. this time I entered position at top of the line (red dot 68150) After I entered short position chart move crazy. This is a classic example of market manipulation by whales. (Number 3) The price slightly breaks above the upper wedge line and then drops sharply. Retail traders who entered short positions at the line see the price break above, they close their positions. At this moment, whales fill their own positions and then the price drops immediately. This particular wedge pattern was even more extreme. The price broke above the upper wedge line, dropped back down, it showed a candle that seemed to suggest a move upwards again. (Number 4) Then, it re-entered the wedge pattern, making even more traders open short positions. As more people entered shorts, the whales pushed the price upwards, causing those shorts to hit their stop-losses. The whales then filled their orders with the liquidity from those stop-losses. With this manipulation, they likely made a hefty profit. It's a simple principle but one that manipulators use often to fill their positions. In my case, I noticed the signs of manipulation when the price first dropped and then quickly shot back up, which is when I decided to cut my losses. I stopped out at point Blue spot. In hindsight, I should have exited at breakeven had I been more attentive to the chart. When I sense the presence of manipulators in the market, I prefer to exit because, first, it's impossible to predict which direction the price will go, and second, they often create small candle patterns which can cause immense stress and lead to poor decision-making about the direction.
by hcinteractivegames
100k after election or 6-12-months-Bart Simpson and Bull Flag. Our Current Situation Trading in a consolidating range can be really dangerous, especially if your emotions get the better of you (we have all been there). Hopefully, you have been careful with the risk. Trading a market in consolidation is rarely recommended; however, confidence in our trades should always be the most important factor before entering a position. So if you think it's right—go ahead. But the benefit of high probability is usually a strong challenge for most traders in a consolidating range, which is why it's not recommended by many traders. Continuing on the sub-topic of probabilities, I have learned from both failure and success that having patience is a necessity for good probability trades. This is why I want to zoom out to discuss my thoughts on how to trade the breakout from the current consolidation range. Before we delve into that, I will provide a broader view of the chart. Bull Market (GREEN ARROW) One could argue that we have been in a bull market since November 2022. We have experienced lower lows and higher highs. From October 2023 until March 2024, we’ve had a strong uptrend. However, from March 2024 until today (October 2024), we have been in a consolidating range. As a result, you might ask: Is this range going to break out as a Bart Simpson or bull flag pattern? Bart Simpson Scenario (Bear Target): The market structure in the Bart Simpson pattern is generally characterized by unpredictability and low-liquidity environments, which are often amplified by market manipulation. Unpredictability (Yes): The market sentiment on Twitter and mainstream news seems to be very bullish due to the halving event (which reduces supply and increases scarcity) and the fact that Trump is very pro-Bitcoin (wanting to incorporate BTC as a strategic national reserve)—he is currently leading in the presidential polls. Additionally, geopolitical tensions between nations (Israel and Iran, Russia and Ukraine) are creating discussions about a potential world war. Another topic is inflation. It seems that the market is unsure about which direction to take, confirming some unpredictability in the current range (March 2024 to October 2024). Low Liquidity and Market Manipulation (Yes): The Bart Simpson pattern thrives in low-liquidity environments, where prices can be more easily manipulated. Currently, factors like geopolitical tensions (Israel-Iran, Russia-Ukraine), inflation concerns, and uncertain macro conditions are deterring institutional investors, reducing overall market liquidity. With mostly retail participation and speculation surrounding the Bitcoin halving and Trump’s potential Bitcoin policies, the market is primed for sharp, unpredictable moves. In this environment, “whales” can manipulate prices more easily, prompting a potential sudden reversal. What if we end up creating the Bart Simpson? Price Target, $22,826: Look for shorts from major resistance all the way down to potentially the "Point of Control" (POC) for the current bull run. I will be watching for good swings. Does this mean that the bull market is over? I don’t think so. Touching the Point of Control (POC) is usually a healthy move before a trend continuation. Hence, the bull market will still be in play. The market sentiment may, however, be very dry, but when we get a sharp, strong swing up, FOMO will build, and this is when we will see the price skyrocket to over 100k. Bull Flag Pattern Scenario (Bull Target): A bull flag pattern is typically a continuation pattern in an uptrend. It begins with a strong upward movement (the flagpole), then consolidates or retraces slightly in a downward channel (the flag). After this period of consolidation, it often breaks out to the upside, continuing the trend. All the points above describe the current situation when looking at the chart. We have a pole and a downward channel that retraces slightly downward. There are billions of dollars of liquidity at the LH zones—the area of major resistance—which means we might hit it soon or use it as fuel after reaching the POC (Bart Simpson scenario). Price Target - 100k: If I were to trade the bull flag pattern, I would wait for the higher high (HH) to be broken. This way, I can hold until 100k, depending on how the market dynamics change. PS: Major support could be a good entry price if the dynamics in this hypothesis changes. In other words, the bart simpson pattern does not play out.
Long
by Mrketwizard
Eyes on BTC since Jan 2023 BTC has been up, It’s trading near all-time highs and not showing any weakness. I’m expecting seek-and-destroy (S&D) formation by market makers. Where buyers and sellers are taken out, you’ll notice millions being liquidated in the crypto world. This can occur after the US election. Once S&D is over makers will push prices accordingly. At the moment most BTC holders are in profit after engineering lows makers can buy it at a discount why I’m expecting S&D? when the price is near ATHs or ATLs and a big news event is nearby market makers tend to create an S&D situation where at some point normal retailers believe the price will continue further and at some point they will expect a reversal. In a way, retailers are taken out resulting in the market maker’s favor. So the last bearish leg can be their best buying opportunity if market makers want it to pump further
Long
by zanymmxm
Weekly BTC Update: Key Levels & Path to November ATHOn October 6th, I projected a higher low around 58k, setting up a rally to the 67-69k range, with a pullback to 64k before a move to new all-time highs (ATH) in November. The linked chart outlines this setup. For this scenario to play out, we may see one last dip into 64k—often on Tuesdays—before bulls push toward a strong monthly close. Levels to Watch This Week: 1. Key Monthly Close Level: 67,540, which needs to be held as support into monthly close for further upside. 2. 2024 Resistance Trendline: Currently moving down from 67,760 to 67,680. 3. Major Support: • 0.614 Fib: 64,312 • Upsloping Support Trendline: Spanning 63,700 to 64,600. A pullback isn’t certain, but these levels are crucial. Watch for bulls to hold these support points and build momentum toward an ATH in November. A breakdown of the 58k low would be very concerning and could invalidate this bullish outlook.
by Sellicks_forgotten_moustache
1
BTCUSDTHi. Currently, Bitcoin is approaching a potential Golden Cross, where the 50-day moving avge is expected to cross above the 200-day moving average. This technical indicator is often seen as a bullish signal, suggesting a potential upward trend in Bitcoin's price. Here are some key points about Bitcoin's situation: Current Situation: The 50-day moving average of Bitcoin's price has started to rise and is expected to surpass the 200-day moving average soon. Historical Context: The last Golden Cross for Bitcoin in November 2023 led to a significant price increase, with Bitcoin's price soaring by over 116% to reach an all-time high of $74,000 in March 2024. Potential Price Surge: Analysts suggest that if a Golden Cross occurs, it could potentially push Bitcoin's price towards $100,000. Market Volatility: While a Golden Cross is a bullish signal, the cryptocurrency market remains highly volatile, and rapid growth is not guaranteed.
Long
by mokabian
What Bitcoin's break of 74k means On the monthly and weekly timeframes, Bitcoin seems to be forming a continuation pattern which might push the price up to a new ATH (All Time High). While this is good news for Bitcoin Hodlers, I personally would only be looking for buy positions once the price breaks and stays above the 74k price line. The reasons for this decision is as follows: Bitcoin is currently at an interesting price zone as Bulls seem to be struggling to break and keep price above previous ATH's supply zone. I'm however only going to be convinced of continued bull run if price breaks and holds above 74k price line. if this happens, I'll be looking for buy positions on pull-backs. Price is forming what looks like a rising wedge on the daily timeframe. For those who might not be familiar with this pattern, it's a reversal pattern, meaning price is more probable to break and trade below the lower trendline whenever this pattern forms. Because this price level is at an interesting zone, it could be institutional traders and whales are secretly selling off their positions (price distribution) which might see us in the next phase of bear run. While this is mere speculation, it's good to be on the look at because anything can happen. Given the above reasons, I'm still very bullish on the price till I see a break below the Weekly HL (Higher Low) at 49k or a break below the Monthly Trendline. Note that I do not take positions based on what I anticipate price to do. I take positions when price does what I anticipate and presents my entry signal. Please let me know what you think about this. Would love to know your thoughts too about the short and long term price of Bitcoin.
Long
by youngbossy