Bitcoin 72k when?If this support holds , we might soon see btc at 72k levels . If not our short is still open till 63k.
BTCUSDT.PS trade ideas
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..
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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.
BTCUSDT Potential Retracement to 60,700BTCUSDT has shown signs of a potential retracement to around 60,700. However, it remains uncertain whether this will be a bullish rebound or a bearish correction. I recommend waiting for more market information before making any decisions.
Where is the #BTC support zone?📊Where is the #BTC support zone?
🧠From a structural point of view, the previous upward trend has ended, so it is very reasonable for the corresponding pullback to occur. Originally, I wanted to wait for the short structure at the hour level to be established before participating in short trading, but the market did not develop as expected.
➡️So from the current structure, it is best to participate in short trading near the 67000-68000 resistance zone.
➡️If the current structure does not change much and continues to fall, then the first support zone to pay attention to is 64251-65124, and the second support zone is 61297-61633, which is also the support zone I want to pay attention to the most.
Let's see👀
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BINANCE:BTCUSDT.P
BTC - Next Support...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉As per my last BTC analysis (attached on the chart), we know that BTC is currently in a short-term correction phase.
The question is: till when/where?
📈From a medium-term perspective, BTC has been bullish trading within the rising channel in blue.
Moreover, the orange zone is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the orange demand and lower blue trendline.
📚 As per my trading style:
As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
