BTCUSDT analysis based on 1d chartHello traders, today after the US data released, crypto market collapse started, and reached around 53k, and my analysis for crypto is to touch 48k then moving towards 80k or above... after breaking the high of 74k ... enjoy trading!by rawayoussef01
BTC is about to start an upward movement towards $100,000According to the chart, it seems that Bitcoin has completed a flat correction pattern. Two high-probability support areas consisting of overlapping different Fibonacci percentages are marked with green areas on the chart. This flat pattern will likely end in one of these areas. Given that the price has entered the first support zone, any price increase above the end of wave iv confirms the start of the third bullish wave of Bitcoin. I expect the start of a powerful uptrend in the coming days and even hours.Longby Mr_elliottt1
Complex wxy-abc-wxy corrective waves - Elliot Wave POVwxy-abc-wxy corrective waves are a lesser known waveform that should be familiar to the og Elliot wave traders from the 2000s. The current chart of BTC is following the same Elliot counts as the charts of SPX and NDX from 2009-2011. Often times, hedge fund trading algorithms 'map out' price patterns following these waveforms and if this is correct, the wxy pattern should end soon, and the final y leg has likely started or is about to start. If this is true, the bottom should be below 49k, and as per my OB analysis, this lies between 41k to 43k. by ToshihiroHiramatsu2
#Bitcoin Update | Saturday, 07.09.2024#Bitcoin Update | Saturday, 07.09.2024 Good Morning to All Brothers and Sisters, #Bitcoin dropped as predicted in my last analysis, touching nearly all support levels. It found support at the bottom of our yellow area, and the working week closed there. Now, the key point is where the Sunday weekly candle will close. In my opinion, it's time for a trend reversal. What's Next? In my view, the price will likely remain within the FRD line until tomorrow. After that, we may see a retracement. If the price crosses the second resistance (blue and black lines), this will confirm the trend reversal. Otherwise, if the price breaks below the yellow area, it could drop further. #ALTS There has been significant bleeding in altcoins, but after Bitcoin breaks through the first resistance, I will start providing new signals on #ALTS. Make sure to activate your notifications and stay tuned. Wishing you all a great weekend!Longby MoonTradingForecast2
BTCUSDT / UNDER UPWARD PRESSURE - 1DBTCUSDT / 1D TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure until prices trading above 52.047 . The current upward pressure on prices is supported by the fact that they are trading above the key level of 52,047. Staying above this level signals continued bullish momentum, with projections suggesting potential gains toward 57,112 and eventually reaching 64,853, a key supply zone where sellers may step in. For the uptrend to be confirmed, prices need to break through this supply zone. However, if prices drop below the turning level of 52,047 and a daily or 4-hour candle closes beneath it, this would indicate a potential reversal. In such a case, prices could fall to 46,981, with further downside potential to 44,019. A confirmed downtrend would require prices to stabilize below the 46,981 support level, signaling stronger bearish sentiment. KEY LEVELS : Turning Level : 52,047. Resistance Levels : 57,112 , 64,853. Support Levels : 46,981 , 44,019. Longby ArinaKarayi6
Bitcoin Long & ShortI think BTC will retest to Weekly and Monthly Open levels. If its move that, i will make a short setup.by kiliclifazilanil1
Expanded flat into next impulseIf price can hold the green support/ 0.618 Fib retracement / 1.618 Fib extension there is a chance for an next impulse in either wave C (wave 4 not complete) or an wave 3 (wave 4 complete) if the next impulse reaches the 1.236 fib extension the highs will be in reach a large candle or short squeeze above the highs will indicate it will be an wave 3 intermediate and wave 5 primary has already started for the long term count wave 5 could be extended like in the 2017 bullrun look for my older post for the extended wave 5 possibility for more detailsLongby Delzeyne1
SELL YOUR BTC NOW!I suggest you sell all your bitcoins The market is extremely bearish! The annual candle has always been red after the halving! I emphasize always. In the best case, he will see the price of 25,000 dollars and in the worst case, the price of Bitcoin will be 10,000 dollars. After this, we can think about bitcoin above 100 or 150 thousand dollars!Shortby test50113
BTC OUTLOOK #Bitcoin is holding above the 54k support level. As long as we remain above this level, we're in a good position. However, if BTC breaks below 54k, the next support is around 42k.Longby Profx0013
BTC Swing Long to 65k & 70kTrade Idea: Bottom for Bitcoin Might Be In This chart suggests that Bitcoin may have found its bottom, with the potential for a bullish reversal. The following elements highlight this outlook: 1. Liquidity Zones: - Liquidity/TP1: The chart highlights a take-profit zone (TP1) near the $64,000 level, where liquidity is expected to reside. This is the target area for the long trade. - Prev. Monthly High: This is noted above the $70,000 level, potentially acting as a higher resistance level and extended target if momentum continues after TP1. 2. Entry Zone: - The gray shaded area near the $55,000 level represents the entry zone, with liquidity around this price. This suggests that the price may have tapped into an important liquidity pool before starting its upward movement. - External Liquidity: This region below the current price might have acted as a liquidity sweep, further confirming the bottoming pattern. 3. Fair Value Gap (FVG): - The chart identifies a FVG (Fair Value Gap) around the $56,000 level, which could act as an area of interest. Price has filled this gap, possibly signaling the completion of its downward move. 4. Market Structure: - The market appears to have tested lower liquidity levels and rejected them, potentially signaling that a local bottom has been established. The price action shows consolidation in the entry area, indicating accumulation before a potential upward move. This trade idea would be well-suited for traders anticipating a medium-term bounce after Bitcoin’s recent downward movement.Longby SerenityEquity4
BTC Price Prediction and Elliott Wave AnalysisHello friends, Thank you for joining me in my analysis. we are still moving in this all 3rd waves of white, cyan and pink colors. After watching my Y T v i d, Remember to like, subscribe, active the B e l l to get any newer V i d and stay tuned for more updates. See you soon! Thanks, Brosby MASCryptoAna112
pump for short time!?hi guys. In my opinion price should be pumped for short time ,and the resistances as u can see are: 58k 59k 61k and62k but remember the main direction is bearish. I'LL post the main direction. Longby Amirlolal223
my predict is :;#bitcoin price fall to 34000$fractal analysis in midterm .cycle waves show the price of bitcoin after fall to34000$ can came up to new record maybe 400,000$ in long term.we will update this analysis in future.by mhhbb1362111
BITCOIN - Price can bounce up from pennant to $61600 pointsHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose until to resistance line, breaking $64400 level. Next, price turned around and made downward impulse to $49000 points, breaking two levels and exiting from rising channel. After this, price started to trades inside pennant, where it at once bounced up from support line. Price broke $55300 level and later rose to resistance line of pennant, which coincided with resistance level. But a not long time ago BTC bounced and fell to support line, where at the moment continues to trades near. Now, I think price can bounce from this line to $61600, exiting from pennant pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️Longby WalterMoon12
BTC Still inside the BOX / Careful about the BTC heatmap!BINANCE:BTCUSDT COINBASE:BTCUSD Hello Traders, Despite positive economic sentiment, BTC still fluctuating inside the box. If the price stays above the yellow area, the green scenario is valid and after that if price breaks above the 65K level and stabilize there, 66690 and 70100 levels are the next price resistances. According to the recent market heatmap, some shadows may occur inside the circle area for some market liquidation. Stay tuned for more updates.Longby CrazySUpdated 18
BTC in microscopejust want to see BTC in micro perspective. if this bits plays out, then BTC will show a bit of compliance. but who knowsby peppermint_073
Higher Time Frame SCREAMS Bearish!If you notice from the arrows, all BTC has done is reach lower high after lower high. So my expectation is that it will descend lower to the liquidity shown in the 48k. I see no reason why it would suddenly rise higher and not grab that sell side liquidity first! This is simply an opinion, not financial advice of any kind!Shortby bitcoinfiend11
Btc Perpetual Long ideaBTCUSDT Perpetual Long (4h) Entry: 56000 - 56200 TP1: 57000 TP2: 58250 TP3: 59800 SL: 54000Longby rawayoussef0Updated 5
Long on BTC/USDT – 4H TimeframeWe have entered a long position on BTC/USDT on the 4-hour timeframe after the trade was triggered at a key support level. The strategy is to leverage this 4-hour support zone with the goal of targeting the previous high. We will be actively monitoring this trade and making adjustments as the price action unfolds. Key Levels: • Entry: Initiated at the current support level on the 4-hour chart, where buyers have historically stepped in. • Target: Aiming for a move towards the previous high, where the price may encounter resistance. • Stop-Loss: Placed below the support level to protect against further downside risk, ensuring a favorable risk-to-reward ratio. Rationale: This trade is based on the assumption that the 4-hour support will hold, providing a springboard for a move back towards the previous high. The technical setup aligns with a potential bullish reversal, but we remain cautious given the market’s volatility. Risk Management: We will be actively monitoring this position, ready to adjust stop-loss levels and take partial profits as the trade progresses. The focus is on managing risk effectively while capitalizing on the potential upside. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.Longby AR33_Updated 335
50K Is Pending for #BitcoinHello Trader's If you missed this selling at this level don't be panic IT will again give you more chances for selling and buying.... So follow My Page and visit once on it And Don't miss to follow for updates about bitcoin..Shortby vikashsharmaxz6
Where is the next support zone for #BTC📊Where is the next support zone for #BTC ❓ 🧠Although there was a strong rise today due to the stimulation of the news, a long structure was not established on the hourly chart, so I cautiously maintained a wait-and-see attitude. Today's trend is very similar to yesterday's trend. They both rose sharply and then fell sharply. The difficulty of trading has increased a lot, so please be sure to do a good job in risk management. ➡️At present, we have fallen below the staged support area, and the next strong support area is 50k-52k, which deserves our focus. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P Shortby wolf_king888114
BTC SHORT M15Ssme principles as my last btc short (hoping for same results) If this will play out we will have to reconsider bearish bias after analysing price movement Good luckShortby kmiarkaUpdated 117