BTC gaining momentum: A potential scalping opportunityBTC is gaining momentum, with a bullish divergence signaling potential upward movement. A green candle opening and closing above the 68,109 level could trigger a significant bull run.
BTCUSDT trade ideas
DOWN TRENDBTC is in an uptrend on the daily time frame, an inverse FVG was closed below which could either be a pullback or a possible reversal either way we take advantage of it with a 1.5 R:R to stay on a safer side and could possibly trail our positions if the there is a more definite reversal.
Liquidity sweep was marked out as a zone where price could potentially hit , on the 1hr time frame a bearish FVG was spotted and reactions off that FVG i.e rejection to the upside which indicates bearish movement, then on the 15 mins time frame marked a price level (67,736.01) anticipating for a BOS to the downside . Then on the much lower time frames marked out potential take profit levels
Bitcoin updateCRYPTOCAP:BTC forming descending triangle thats a bearish formation, breakdown of this triangle could lead the price of bitcoin at least till 64000$ - 65000$, this down trend and this triangle clearly indicating the price are falling and will go more down. the green price box is indicating higher buying zone from where we can see a pull back to 68000$ again.
US elections matter alot and it will bring huge impact on crypto market, I jjust provide my review about the current direction of bitcoin...
My trades plans are still on short, Im ignoring alts coins and just trading in btc thats giving huge profit with less risk, I might re enter in bitcoin short from 68200$
Bitcoin Analysis Currently on the neck of the market: *make or break!*
1. The market has (in the past 8 months) perfectly followed the support and resistance level. We earlier had a breakout and it seems to be retracing for a retest on the resistance (🟡). Conversely, we have a trendline (🔵) closely following. We'd see how they hold.
2. On the fundamental part of things, the outcome of the 🇺🇸 election (<24hours) would certainly affect the market globally! Coupled with the FOMC meeting this Friday.
Sit back and watch🦦
Personally, I am unbothered by temporary price fluctuations and remain ULTRA BULLISH
Shalom😇
2x Shorting Before Bullrun after US President ElectionHave close 1 entry before with risk/reward 1:7.
So there is only 1 position left that is not TP yet, hoping to go deeper into 661xx soon, with 1:7 rr as well.
What's happend to btcHello, dear traders, due to the fact that the existing support level did not work. Currently, my analysis is that Bitcoin will do at all up to the specified levels, and at those levels, we should wait to see what happens. What scares me is that Candle The weekly closed negative and Warren Buffett is doing mischief in the market...
What happend go bitcoinHello, dear traders, due to the fact that the existing support level did not work. Currently, my analysis is that Bitcoin will do at all up to the specified levels, and at those levels, we should wait to see what happens. What scares me is that Candle The weekly closed negative and Warren Buffett is doing mischief in the market...
BTCThis is my opinion with technical analysis
Please respect the following rules:
1- Risk management .
2. Have your own strategy
Btc btc short btc long trump harris usa Hello guys, today I gave you the general analysis of Bitcoin and a possible scenario that if Trump does not become the president of the United States, it is very likely to happen, so pay attention to the numbers in the chart, which shows a short-term downward scenario to order block and a big rise. And also the formation of a reverse shoulder serving pattern, by the way, the condition of this happening is the failure of the support of 50,000 Tether. Good luck, don't forget to like and comment...
BTC - short position? Oh wow... that really at current moment does not look good for me. I belive we will see sharp drop and ALTS will bleed more. This liq. grab could potentialy move Solana to 120-130$ maybe even lower. DOT under 3$. Watch out! Regards.
Market overviewWHAT HAPPENED?
Last week, growth continued and the ATH for bitcoin was almost reached. At the breakdown of the important $72,000 level, a large number of liquidations and volume anomalies appeared, which stopped the price and provoked a correction. We warned about it on Wednesday in our blog on TradingView.
As a result, the market followed a lower priority scenario and absorbed all of last week's growth.
WHAT WILL HAPPEN: OR NOT?
At the moment, we've bounced off the upper limit of the volume zone of $67,500-$66,800 (the maximum volume of the sideways), but we haven't yet observed a signal for a full-fledged reversal. Resistance zones are formed above, from which we're likely to receive another wave of sells.
A deeper filling of the support zone is expected this week. In the absence of a reaction, the decline will continue.
According to the concept of wave analysis, we are still in an uptrend, but the volume zones above call into question the scenario with a rapid recovery, so we are postponing the opening of long positions for the time being.
Buy zones: $67,500-$66,800 (maximum volume of the range), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
Sell zones: $70,000-$71,300 (volume zone), $72,000-$73,000 (zone of volume anomalies).
IMPORTANT DATES
The week promises to be interesting, several important events are ahead — the US presidential election and the publication of the decision on the interest rate of the US Federal Reserve. Increased volatility is possible ❗️
Macroeconomic developments this week:
Tuesday, November 5, 10:00 (UTC) — US presidential election;
Tuesday, November 5, 14:45 (UTC) — publication of the index of business activity in the US services sector for October;
Tuesday, November 5, 15:00 (UTC) — publication of the ISM Purchasing Managers Index for the non-manufacturing sector of the USA for October;
Thursday, November 7, 12:00 (UTC) — publication of the decision on the UK interest rate;
Thursday, November 7, 13:30 (UTC) — publication of the number of initial applications for US unemployment benefits;
Thursday, November 7, 18:00 (UTC) — publication of the US Federal Reserve interest rate decision;
Thursday, November 7, 19:00 (UTC) — publication of the FOMC statement;
Thursday, November 7, 19:30 (UTC) — FOMC press conference.
*This post is not a financial recommendation. Make decisions based on your own experience.
it could go on forever (in which case i'm doomed)this is a case for more sideeways well into 2025. this pennant ends in april 2025! scary stuff for hodlers and swing traders alike. only the best day traders who can somehow beat the bots (meaning no one on here) will survive.
what do you make of this?
and bonus points if you can tell me the subject reference without googling...
Highly Accurate "BUY" Signal with MACD
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BTC failed retest.So my next Long target can bee seen on the chart.
They are:
1) FVG Intersection of 1D - 12H - 8H - 4H
2) FVG Intersection of 8H - 4H
2nd long zone is more valid and less risky to enter long.
Weekly chart showing the largest upper wick in 10 months!Weekly chart showing the largest upper wick in 10 months! #Trading #Stocks #MarketTrends #TechnicalAnalysis #Investing
11/03 Another Weekly BTC scenario11/03 Another Weekly BTC scenario
Potential scenario for BTC reversal.
Update on the Moon Strategybitcoin CRYPTO:BTCUSD INDEX:BTCUSD CME:BTC1!
daily chart: buying above the high of prior days bar on new or full moon and holding till next new new moon is somehow still a profitable strategy.
on the 15 min chart the time base entry on 2 am UTC+1 time (long on any day execpt tuesday / wednesday) and exit on 10 pm is also still profitable.
other cycle entry methods like market cipher where you need to know on which specific RSI level you need to enter work only for a short period of time
Infinity algo on Heikin Ashi Charts looks like your always winning but in range bound market phases stop outs eat all the profits.
conclusion: implement the timing element in any trading strategy its a proofen fact hat time patterns repeat and will enhance you price pattern precision.
BTCUSDT Trade without FOMOI follow my rules. I avoid the hyped. I respect TA.
If I missed the boat, I will take the plane :)
Bitcoin Bitcoin in exciting situation . Regardless bitcoin future price expectations and the dream to become 80k per coin .. there is fact that the level of 65800 is very important . I expect that down trend will continue to 65800 then 59,335 levels and the bear will lead . Target to buy cheaper in analysis .
