BTC/USDTA blue horizontal line represents a possible resistance or support level. A greenish-blue zone at the bottom indicates a potential strong support area around the $52,500 level. An arrow pointing upward suggests a potential recovery after hitting the support zoneLongby Khan69_eth1
BTC Diamond Formation and Cup Formation Probably Bitcoin price didn't completed downtrend yet. There's diamond and cup formations for that possibility. Diamond Formation The price forming a diamond view since the last $70K times and you can see that by looking at purple lines. Diamond formation works as bearish formation if the price already in uptrend process. But diamond formation also works as bullish if the price already in downtrend process. Bitcoin was rising since early 2023. So i think that formation will work as bearish and will push the price down this time. Formation's mid line shows $58.6K. So if the price can hold that level it can gain more momentum towards to upside. Otherwise mid term target of the formation is $34K - GETTEX:36K range. Cup Formation There's also cup formation probability. If diamond structure works as bearish price will want to touch to cup formation's line at the bottom. It's diamond formation's target at the same time. (Red box below)by huecoshunter0
BULLISH CYPHER BTCUSD3 Bullish indicators for BTC Bullish Cyper: All the retraces are valid for this pattern. The .786 retrace from X-D is perfectly aligned with an important support from history that was created in 2021. The X-B retrace is 100% clearly present there and the A-C retrace is almost just there. Classic Bullish Divergence: Higher lows on the MACD and RSI oscillators and lower lows on the price validates this pattern. This perfectly aligns with the pivot of the Bullish Cypher and the historical support line. Overall Context of the Structure: the context of the structure is reasonable. These pattern usually appear after a correction and it seems to be the case for BTC right now. It is also easy to set a stop loss because of that support line and everything under. If BTC falls below that support line, expecting further downside. Longby diegochuw1
BTC Long/Short Just an IDEABTC stroked ATH by march and is on a downtrend for finding a support to fly high ....My small chart could help ... NAFA and NAFA DYOR ThanKyouby citruz_MIND0
A good selling trade on BitcoinAfter the second hit to this price, enter when the seller's exit trick is doneShortby myveici0
Short Position IdeaKey levels : *56.800 for short position 53.500 TP1 (50%) Between 50.000-51.000 TP2 (50%) STOP1 57.500 (25%) STOP2 58.000 (75%) not an financal advise, experimental and educational content. do not open any trades with these ideas.Shortby ilhankarbi0
BTC really going down till 45K?Hello again! Based on D1 chart, we see strong downtrend to the BTC and also based on the news whales are still going to sell their asset. Will this continue to break the level of based from previous market structure support? Let's wait and see. I'm setting the trend advanced if the trend continues to go down to the next previous level of structure as it respect the flow. Shortby jefersonroda2
Bitcoin Approaching Critical Support: Prepare for a Big MoveBitcoin is entering a decisive phase this September, with a Descending Broadening Wedge pattern forming on both the weekly and daily charts. This pattern typically signals potential volatility, and we are now approaching the descending support trendline, which also aligns with the wick from the sharp price dump on August 5th. This region, around 48K, is likely to be tested in the coming days as the market seeks to sweep liquidity. Key Support Zones to Watch: Crucial Support Zone 1: The first line of defense. If Bitcoin holds here, we could start seeing signs of bullish momentum returning. Crucial Support Zone 2: A deeper level of support. Breaking below this zone could lead to a more extended bearish trend. In the event that these levels are broken and confirmation bearish candles start forming, we could see Bitcoin testing 42K, 40K, and even 36K in the weeks ahead. However, if Bitcoin holds these zones and begins to print higher highs (HH) and higher lows (HL), it would be an early sign that the downtrend might be over. Also an important element in this setup is the 100-day EMA, which aligns perfectly with Crucial Support Zone 2. This adds a layer of confidence that the price may find strong support here. The confluence of the 100-day EMA with this key support level suggests that a touch of this zone could trigger the next major move, potentially kickstarting a rally. Strategy for Traders: Swing Traders/Spot Traders: Pay close attention to the support zones, as these levels could present excellent buying opportunities. A bounce from these areas might indicate the start of a new rally, so it’s time to prepare and fill your bags. Scalpers: Be mindful of the resistance zones. The price may spike slightly before retesting lower levels, providing potential shorting opportunities. Watch closely for a "soft" or "hard" landing around 50K-48K. Caution: Bull Trap Alert If Bitcoin encounters a pump in the near term, be cautious about falling into a bull trap. All signs currently point to a retest of the 50K and 48K zones as highly probable, so don’t get caught up in premature optimism. by AKsam882
BTC IS GOING TO ALL TIME HIGH LADIES AND GENTLEMEN ! BTC ended up in a complex WXY correction. Initially what may have seemed like a FLAT ended up being WXY. No matter how much the MM plays with the market and no matter what news hits the screen, algos always run their course guys. We are in the early formation of wave 3, which will make history. True we may retrace a bit more to tap the lower levels but this will sling shot BTC to the ATH ! Remember the deeper the retracement of wave 2, the higher will be wave 3, a slingshot - - get it ;). Mega hidden bullish divergence on the weekly also playing out well. Invalidation of this idea is at the low of Wave Y. WorD of advice guys, avoid over leverage and practice risk management fells. DCA is the name of the game. When Bitcoin hits ATH, all ALTS will pop like fireworks hence DCA and Spot Buy is the name of the game, especially for all the young bucks and inspiring traders out there. Disclaimer: Not financial advice. Longby Pakcryptonomics0
BTC 1 Week analysBTC has tested the HTF demand zone and found support on $52500 expected to bounce off of that to $66,000 Its time to buy. Follow me for more accurate setups. Longby barak45i0
BTCUSDT LONGBTCUSDT LONG PLEASE DON’T BE GREEDY ENTRY POINT : yellow point TP : blue lines SL : below red line for LONG POSITION above red Line for SHORT POSITION INSTRUCTIONS: FOR risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20 like, boost, be followers PLEASE DON’T BE GREEDYLongby RODDYTRADING2
Btc is making up TodayHi Dears. Bitcoin can fill last fvgs which made with news movement for this We can go long up to 2% in BTc Today @TradeWithMky Longby TradeWithMky0
I am not worry about Bitcoin yetAs you can see in the chart, There are 3 Strong Support lines under the price, the weekly channels bottom line + MA50 at (53500$), Long term monthly trend line at ( 51500$ apx.) and the main support at 38500$ the 100&200 moving averages. what i see , the chart is dropping down the cowards and then we could observe the main bullish trend . as i mentioned before due to weekly cup pattern we can predict to reach 115k$ or pessimistically at least 95k$ for this autumn. REMEMBER ALWAYS, TIME IS YOUR FRIEND. Wait for the good fundamental news mid of September. by aminiafshar1
Bitcoin (BTC/USDT) Technical Analysis 1. Monthly Chart (12M Renko) • Price: Currently trading at $42,282.90. • Resistance: • $46,219.80 (All-time high). • Fibonacci 0.764 at $39,216.50, which acts as a support/resistance level. • Support: • $37,376.70 (0.702 Fib level). • $31,382.40 (0.5 Fib level) represents a key support in case of a larger pullback. • Outlook: A significant uptrend is visible, but the price is approaching resistance levels. There may be some resistance near the $46,000 mark. Support is around $37,376.70. 2. Monthly Chart (1M Renko) • Current Price: $54,270.90, with a recent high of $70,000.00. • Key Levels: • Support Zone: Between $42,000 and $54,000 (highlighted by the FVG). • Resistance: $70,000, a psychological barrier. • Outlook: The chart shows that Bitcoin is testing the upper range. If it breaks below $54,000, it could revisit the $42,000 zone. The trend is still bullish but could face a correction. 3. Weekly Chart (1W Renko) • Price: Currently at $54,275.90, with a high of $66,000. • Support Zone: $44,000 to $50,000, supported by the Fair Value Gap (FVG). • Key Fibonacci Levels: • 0.618 Fib at $37,671.80, which is a critical support in case of a larger pullback. • 0.764 Fib at $29,306.10. • Outlook: A correction down to $50,000 or $44,000 is possible if the current price fails to hold. The next major support would be $37,671.80 if this correction deepens. 4. Daily Chart (1D Renko) • Current Price: $54,270.90. • Resistance: • $59,560.10 (0.236 Fib). • The upper range is near $73,000. • Support: • $52,254.30 (critical psychological support). • $44,433.10 (0.5 Fib). • RSI: At 49.39, indicating neutral conditions. • Outlook: The current price is consolidating around $54,000 with potential support at $52,254. If it breaks this level, expect it to fall to $44,433. 5. 4-Hour Chart (4H Renko) • Current Price: $54,277.90. • Resistance: • $61,407.70 (0.236 Fib). • $64,476.20 and $69,346.80 represent intermediate resistances. • Support: • Immediate support at $52,000, with more significant support near $44,000. • RSI: At 34.23, showing bearish momentum in the short term. • Outlook: If Bitcoin doesn’t bounce from $52,000, it could slide toward the $44,000 level. Bearish sentiment is prevailing in the short term. 6. 30-Minute Chart (30M Renko) • Price: $54,300. • Resistance: $69,820.60. • Support: • Immediate support at $49,800. • Bearish pressure shows that Bitcoin may retest lower levels in the short term. • RSI: At 39.21, indicating more room for bearish continuation. • Outlook: In the short term, Bitcoin might retest $49,800 and then make a decision whether to hold support or continue downward. Conclusion & Trading Strategy Short-Term (Next Few Days) • Bearish Sentiment: Short-term RSI and price action are pointing toward bearish momentum. • Support Zones: Look for support around $52,000; if broken, expect the price to fall toward $44,000. • Resistance: Any attempt to break higher will face resistance at $59,560 and $61,407. • Strategy: Consider shorting Bitcoin if it breaks below $52,000. Target $44,000 with a stop-loss above $61,000. Medium-Term (Next Few Weeks) • Correction Likely: If Bitcoin fails to regain $59,000, it may correct toward $44,000 or even $37,671 (0.618 Fib level). • Bullish Scenario: If Bitcoin rebounds from $52,000, it may retest $59,000. • Strategy: Wait for a clear bounce around $44,000 or a breakdown below $52,000 before entering a trade. Long-Term (Next Few Months) • Uptrend Intact: Bitcoin’s long-term uptrend remains intact unless it breaks below $37,000. • Potential Highs: Bitcoin can retest $70,000 if it holds $50,000-52,000. • Strategy: Long-term holders should consider buying around $44,000 with a target toward $70,000. Risk: Be cautious of external factors like regulatory news or macroeconomic changes that may affect Bitcoin’s price.Shortby stonaola1111
Next move for BtcSo, we gonna take out these 2 points off liquid, lets see where we go first. Be patient guys, Dont overtrade everyday, Wait for the setup form itselfby Heyhopikk930
BTCUSD In A Big Consolidation BTCUSD Has been consolidating , time to BID, or observe for a break lower. fear and greed index is at 29 ,(extreme fear)by kellysunderPBG1
24.09.07 Whale IndicatorsHello, I'm Whale_signal Before that, we'll review the 1H-BTCUSDT chart The problematic spot was an hour stick, showing a flow of settling the orange whale surface, and then a sharp drop came out immediately There are probably people who hosted LONG on that spot 1. If you have made a buy on Whale Indicators, you should designate an entry price cut right away -> Whale indicators are strong indicators, so if they break, which direction? We don't know how much the price will be pushed -> Profit is important, but risk response comes first 2. There's been a $250 rise from the orange whale indicator and $250 in the futures market is definitely not a small profit -> Even if you didn't eat $250, you could have avoided a big loss if you designated it as a stopper I don't feel good because there might be people who lost money. From now on, please make sure to proceed with the stoppage 1H - BTCUSDT Update It's a very complicated seat. I think it'll help, so I've added a white whale indicator If it fails to rise above the orange whale index, it could continue to face downward pressure, and if it deviates below, it could see mid to late 46K to late 47K And if the mid to late 46K to 47K are also breached, please refer to the 1D-BTCUSDT purple whale indicator You have to be careful because it's continuously being pushed down and it's located under the purple whale indicator ***whale surface intensity*** Purple>>>Orange>>>White (Purple indicators are the strongest)by Whale_signal20
BTCUSDT possible shortOver the past couple of days btc has been falling lower in form of steps, possible short term sell opportunities. comment your views.Shortby magatta4
BTC still moving inside the Bullish Channel BTC Moving inside the Bullish Channel. Now we will take a lot of Long Liquidations. After that will be strong impulse upwards. See you at the Top of the Channel. Only Spot Longby EtoYa7771
Support and Resistance BTCSupport and Resistance for BTC 2024 that also tells us more about support and resistance when in price discoevery. by oxjack110
BTCUSDT Monthly woke and brokeIs it just me, or does anyone else feel a little nauseous and like being in a long might be a really really bad idea looking at this M on BTC ... sheesh by CircusPamps1
BTCusdt targets First on downtrend 51600 is target based on ichimoku and fibonacci strategy Then maybe touching the 200 ema on weekly Next target on 68526 Shortby eja1920
Possible scenario and death cross risk.Our first rule is that everything is possible in this market. Therefore, we should not act emotionally and stick to a single thought. Fed decisions are now very critical. If Bitcoin rises above 70,000, this scenario will be cancelled. I hope Fed will make the market happy. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.by traderissoUpdated 2