POV ! BTC View !hi dears. Its time to get stop of thinking ath in october and time to save your profits maybe in this munth we coundent reach new ATH (ALL TIME HIGH) but it will happen soon as you know thatShortby TradeWithMkyPublished 3
Top 11 Popular and Effective Crypto Trading Strategies for BeginTop 11 Popular and Effective Crypto Trading Strategies for Beginners Cryptocurrency trading can be a lucrative but volatile venture, especially for beginners. To navigate the highs and lows of the market successfully, it's important to adopt well-tested strategies that help manage risk and improve your chances of success. Whether you’re looking to trade actively or passively, this list of the top 11 crypto trading strategies will guide you in the right direction. 1. HODLing (Buy and Hold) HODLing is a term derived from a misspelled "hold" in a Bitcoin forum that became iconic. This long-term strategy involves buying and holding onto cryptocurrencies for an extended period, regardless of short-term market fluctuations. It's popular among beginners due to its simplicity. Best For: New traders who believe in the long-term potential of assets like Bitcoin and Ethereum. Pros: Easy to implement, less stressful, low maintenance. Cons: Requires patience, may result in short-term losses. 2. Dollar-Cost Averaging (DCA) Dollar-Cost Averaging (DCA) is a straightforward strategy where you invest a fixed amount of money into a cryptocurrency at regular intervals, regardless of its price. By spreading out your investments over time, you reduce the impact of market volatility. Best For: Beginners who want to invest consistently without timing the market. Pros: Minimizes the risk of investing a lump sum during a market peak. Cons: May miss out on large gains if the market takes off quickly. 3. Day Trading Day trading involves buying and selling cryptocurrencies within a single trading day. The goal is to capitalize on short-term market movements and make multiple trades throughout the day. Best For: Active traders who have time to monitor the market closely. Pros: High profit potential in a short period. Cons: High risk due to volatility; requires significant time and attention. 4. Swing Trading Swing trading is a strategy where traders hold onto assets for days, weeks, or even months to take advantage of price "swings" or momentum in the market. It aims to capture medium-term trends rather than short, daily fluctuations. Best For: Traders who can dedicate time to analyzing market trends but don’t want to trade daily. Pros: Less stressful than day trading, potential for good profits. Cons: Markets can move against you quickly, requires technical analysis. 5. Scalping Scalping is a fast-paced strategy where traders make numerous small trades over short time frames, such as minutes or hours. The goal is to accumulate many small profits that add up over time. Best For: Experienced traders or beginners who enjoy fast-paced trading. Pros: Quick profits, low exposure to market risks. Cons: Requires intense focus, high transaction fees can eat into profits. 6. Arbitrage Trading Arbitrage trading involves taking advantage of price differences between different exchanges. You buy a cryptocurrency on one exchange where it's priced lower and sell it on another exchange where it's priced higher. Best For: Traders who are quick to spot price differences across exchanges. Pros: Low-risk if executed correctly, straightforward profits. Cons: Requires quick execution and capital in multiple exchanges, fees can reduce profits. 7. Trend Trading Trend trading, also known as "position trading," is a strategy where you identify the direction of the market trend (either bullish or bearish) and trade in the same direction. Trend traders often use technical indicators to confirm trends and make informed decisions. Best For: Traders comfortable with technical analysis. Pros: Can be highly profitable if the trend is strong. Cons: Trend reversals can lead to losses; requires constant monitoring. 8. Copy Trading Copy trading allows beginners to mimic the trades of more experienced traders. Many platforms, offer copy trading features where users can follow and replicate the strategies of successful traders automatically. Best For: Beginners who lack trading experience but want to trade like professionals. Pros: No need for deep market knowledge; can learn while following experts. Cons: Performance is tied to the skill of the trader being copied. 9. Moving Average Crossover Strategy The Moving Average Crossover strategy uses two different moving averages (usually a short-term and long-term average) to identify trends. When the short-term average crosses above the long-term average, it signals a buy. When it crosses below, it signals a sell. Best For: Beginners who are learning technical analysis. Pros: Simple and widely used, helps to identify trends. Cons: May lag behind price movements, leading to late entries or exits. 10. Relative Strength Index (RSI) Strategy The RSI strategy is based on the Relative Strength Index, a momentum oscillator that measures the speed and change of price movements. RSI values range from 0 to 100, with readings above 70 indicating overbought conditions (potential sell) and readings below 30 indicating oversold conditions (potential buy). Best For: Traders who prefer using technical indicators. Pros: Easy to use, widely available on most trading platforms. Cons: Can generate false signals in volatile markets. 11. Breakout Trading Breakout trading involves entering the market as soon as a cryptocurrency breaks out of a previously established support or resistance level. Breakouts often signal the start of a new trend, and traders look to capture profits as momentum builds. Best For: Traders who are comfortable with technical analysis and chart patterns. Pros: High profit potential if a new trend forms. Cons: Risk of false breakouts leading to losses. Conclusion For beginners stepping into the world of cryptocurrency trading, choosing the right strategy is crucial. Each of the strategies mentioned above caters to different risk tolerances, time commitments, and levels of expertise. Whether you prefer the slow and steady approach of HODLing or the fast-paced world of day trading, it’s essential to thoroughly understand each strategy before applying it in the market. Over time, you can experiment with various approaches and find the one that best suits your trading style and goals. As always, it’s important to stay informed, manage risks, and continue learning as you navigate the dynamic and exciting world of crypto trading. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Educationby Crypto4lightPublished 3
Short trade Buyside trade Pair BTCUSDT Sun 20th Oct 24 11.00 am Entry 68611.6 Profit level 68257.0 (0.52%) Stop level 68688.9 (0.11%) RR 4.59 Reason: Pivitol price and resistance level and time 11.00 am Shortby davidjulien369Updated 0
Bitcoin Liquidity Grab and ReversalIf the uptrend continues with 70k as the target, it is more likely to grab 70k and trendline liquidity and then reversal from 70750~73750. BUT, further confirmation is required to support this scenario.Shortby RaminzkrPublished 2
Bitcoin’s 4-hour level wave count continues the view unchanged oBitcoin 4-hour level wave count: Continuing the unchanged view on October 12 (the overall view remains unchanged on September 23), we are still bullish next weekLongby qwekjcPublished 1
BTCUSDT: Update before weekly close!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse BTCUSDT on higher time frame: BTCUSDT is currently exhibiting a positive trend. The upcoming weekly close will play a significant role in determining the future direction of the market. BTC is trading within a channel, and a daily close above $69,000 is crucial for initiating a rally towards $70,000. Maintaining a price above $67,500 is essential to sustain bullish momentum. Trading within this channel could potentially trigger a rally in altcoins. Key Levels: Resistance: $69,000 Support: $67,500 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!Longby persis10tPublished 4
Key Bitcoin Price Levels and Dominance Analysis for Long and ShoIn my view, if I don't consider the potential breakdown of the 68,170 price level as a fakeout, we shouldn't dip below it. However, if the price breaks below, I would regard it as a false breakout and look to open a short position with a break of 67,594.47, provided that Bitcoin dominance also declines. If, during the breakdown, Bitcoin dominance remains bullish (green), shorting altcoins would be a better option. On the other hand, if the 68,170 level doesn't turn out to be a fakeout, altcoins could offer solid long positions, especially if Bitcoin moves sideways or upward and Bitcoin dominance decreases. Otherwise, Bitcoin itself might present a better long opportunity. In conclusion, monitoring the interplay between price levels and Bitcoin dominance will be key to determining the best positions, whether in Bitcoin or altcoins.by saeedalipour93Updated 0
BTC to B or not to B ?have been spending my weekend rummaging through posts by pundits and market's movers and shakers. This is my assessment (and not my recommendation). BTC will fall hard like gold in the weeks coming fore. But that does not mean you sell ok! You accumulate BTC when it dips south. Clear? pointless buying now because fomo is already in play. In the words of our guru Mr. Buffet 'be greedy when others are fearful and be fearful when others are greedy' look for 51000 levels to scale in and if price goes lower buy in increments of 1500 lower.. by ccpudaismPublished 2
BTCUSDTBTCUSD ,the daily candle broke supply roof and i expect today candle to see more buy pressure and if the weekly candle breakout of supply roof ,we will see correction into broken supply roof as our new demand floor for uptick. the retest of previous all-time high is on the line and the probability of a new high in the zone of 83-81k and more advance buy could reach 100k00:52by ShavyfxhubPublished 2
btc short signalas you see in the chart the short signal is coming entry 62350 sl 64100 target 58300Shortby MR-CRYPTO-1997Updated 2
HelenP. I Bitcoin will fall to trend line and then rebound upHi folks today I'm prepared for you Bitcoin analytics. Some days ago, the price declined almost to support 2 but soon turned around and started to grow. In a short time, BTC rose to support 1, which coincided with the current support zone, and some time traded near, after which it dropped to support 2. When the price fell, it broke the 62000 support level and some time traded below, after which it quickly rose back and trades higher. Later price broke support 2 again and fell to the trend line, after which it turned around and started to move up. Soon, the price reached support 2, broke it, and then made a correction to the trend line, after which rebounded and continued to move up. Later BTC reached support 1, broke it, and rose one more, but a not long time ago it turned around and started to decline. So, in my mind, BTCUSDT will fall to the trend line, which is located inside the support zone, and then continue to move up. For this case, I set my goal at 69000 points. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelenUpdated 7748
#long_btcThe breaking of the very reliable trend line, stabilization on this trend line, for the primary target, the highest ceiling can be set, and for the upper targets, according to the moving legs, up to 80,000 can be targeted. #BTC #LONG_BTC Longby Reza_kahePublished 6
Imagine new retrace to find out new $$ in next weekswe like to see market as simple as possible, take some profit if you buy in dip and wait enough to trend makes buy in the dip do not FOMO and also be carful about manipulation don't forget that market is moving because of manipulation specially for those retailers who save roughly and loss easily. anyway I have lots of prediction and scenario for next weeks but my favorite one is to buy BTC lower again and can get profit during these waves in this clear channel.Longby SepiknowsPublished 5
where is bitcoin going.Bitcoin on the Verge of a Potential Bullish Breakout: A Strategic Approach to Market Movements As Bitcoin continues to garner widespread attention in the financial markets, it finds itself approaching a pivotal price range. A breakthrough above the $70,000 to $71,000 level could signal the beginning of a new bullish phase, fundamentally altering the chart structure that has been in place for some time. This price zone serves as a critical threshold, and if Bitcoin manages to decisively close above this range, it would effectively mark the first “higher high” in what could be a prolonged uptrend, thus breaking the previous lower highs formation. The significance of this event cannot be understated as it would indicate a substantial shift in market sentiment and structure. Why the $70,000-$71,000 Range is Crucial For technical analysts and traders alike, this $70,000-$71,000 range is more than just a psychological barrier—it represents a key resistance zone that has held firm, preventing Bitcoin from moving higher. A successful move beyond this level would demonstrate that the bulls have regained control of the market, which could set the stage for a potential rally. However, caution is paramount at this stage. While breaking through resistance is a strong bullish indicator, it is important to remember that Bitcoin’s price has already been rising for an extended period—over 75 days—making the market ripe for a possible correction. Historically, price corrections often follow long rallies, as early buyers take profits and new participants in the market hesitate to jump in at high prices. Therefore, jumping into Bitcoin the moment it breaks $70,000 might not be the best strategy. Instead, a more prudent approach would be to wait for the market to cool off and establish a new support level before considering an entry point. Strategic Implications: Why Altcoins Hold Better Risk/Reward Potential Rather than focusing on Bitcoin itself once it breaches this key resistance, our attention should shift towards Altcoins and low-trading pairs or projects. Many Altcoins tend to trade in correlation with Bitcoin but often lag behind in their price movements. This lag creates opportunities for investors who are looking to maximize their risk/reward ratio. Altcoins that are currently trading near support levels or are significantly undervalued compared to their historical highs could offer a more attractive entry point than Bitcoin, especially if the broader crypto market sentiment turns bullish. It is essential to note that entering Bitcoin at the $70,000-$71,000 level carries significant risks. This is the area where many traders might get caught in a “bull trap,” where a false breakout occurs, leading to a sudden price reversal. Therefore, instead of longing Bitcoin at this point, we look to position ourselves in Altcoins that are trading near support levels, as these assets are likely to experience stronger price appreciation relative to Bitcoin, especially during the early stages of a bullish cycle. The Importance of Patience: Only Enter After Corrections at Support Levels Even if Bitcoin breaks through $70,000 and the market sentiment shifts to bullish, it’s important to emphasize that we do not advocate for immediate entry. Given that Bitcoin has been in an upward trajectory for over two months, a correction becomes more probable with each passing day. Smart investors wait for pullbacks and corrections to establish their positions rather than buying into strength at resistance levels. In essence, the strategy revolves around waiting for Bitcoin to correct back to a support level after the breakout, and only then considering an entry point. Buying at support offers a more favorable risk/reward ratio, as it allows investors to set tighter stop losses while providing greater upside potential during the next wave of bullish momentum. Understanding the Risks: What Happens if Bitcoin Fails to Hold Above $70,000? While a move above $70,000 is an encouraging signal, it is crucial to recognize the downside risks if Bitcoin cannot hold above this level for an extended period. Until Bitcoin closes firmly above $74,000, there remains the possibility of a sudden crash or sharp pullback. This scenario is particularly relevant if the price action turns into a false breakout, where Bitcoin rises briefly above resistance only to quickly reverse and plummet below previous support levels. In such cases, the lower-low scenario would come back into play, suggesting that the recent price movement was a temporary relief rally rather than the start of a new bullish trend. Traders need to be cautious and avoid being overly optimistic until the breakout has been confirmed with sustained price action above critical levels. A New Map for Market Movements: Removing the Lower-Low Scenario The one positive change that would emerge from a bullish breakout of the $70,000-$71,000 range is the removal of the lower-low scenario. In technical terms, a break above this range would eliminate the possibility of a continuation of the downtrend that has characterized Bitcoin’s price action in recent months. This shift is significant as it suggests that the market has bottomed out and is now preparing for the next phase of growth. However, the elimination of the lower-low scenario does not mean that we are in the clear. The focus should still be on identifying strong support levels where price corrections can be used to establish new positions. The key takeaway is that we do not buy into Bitcoin at resistance, but rather wait for it to correct and provide a clearer entry point at support. Final Thoughts: Staying Ahead in the Crypto Market Navigating the volatile world of cryptocurrency requires not only technical analysis but also discipline and patience. While Bitcoin’s potential move above $70,000 could open the doors to additional growth, it is important to stay grounded in a well-thought-out strategy. Rather than rushing into the market at a potential breakout, we should remain focused on identifying strong support levels for entry, both in Bitcoin and in undervalued Altcoins. The crypto market is constantly evolving, and the best opportunities often arise from moments of caution and waiting. As long as we adhere to the principle of entering at support and not resistance, we stand a much better chance of achieving a favorable risk/reward outcome in the long run. Whether Bitcoin soars or stumbles in the coming weeks, the key will be in the timing and execution of our market entries. For now, Bitcoin remains below the critical levels, and the lower-low scenario is still in play. Only time will tell how the market unfolds, but by adhering to these strategic guidelines, we position ourselves for success regardless of the outcome. by lonelyPlayer0Published 4
Bitcoin continues to rise?According to the resistance in the range of 68714 After the failure of this area, it can be expected that the range of 71194 and 73522 will continue to rise. Otherwise and after the failure of the support in the range of 66400 Expect to continue falling to the range of 64452 and 63203 by arongroupsPublished 4
History is being made and people don't seem to care In the past week we've seen CRYPTOCAP:BTC amazing performance defying all the odds ( not mine obviously) and recovering what seemed to be a historical crash Now we are seeing history being made Bitcoin will certainly make a new higher high surpassing the 74k level It's just a matter of time, and it will be explosive (huge candles)Longby thebitcoin_traderPublished 6
Bitcoin might retest again $63k level before go ATH#Bitcoin - might retest $63k level before go #ATH according to price action. Even #RSI - also at TOP 📉Shortby bullanceprimePublished 6
I see a bullish flag pattern in #BitcoinGet ready for a bullish rally in #Bitcoin (Weekly timeframe). Soon, this rally will start with the complete departure from the upper edge of the flag. The alligator indicator also shows us good conditions for buying this very important crypto. Buy some of this crypto every week.Longby piroozmanPublished 0
BTCUSDT after range here pump is expectedLong-term we are for sure bullish yet and next year would be one of the best years for crypto. now we mentioned major supports and resistances on chart and also possible paths which are all bullish and we had channel breakout to the upside as well too. DISCLAIMER: ((trade based on your own decision)) <Longby MMBTtraderPublished 7750
Bitcoin Possible scenarioADDED PITCHFAN| Added abcde in bullish scenario Break in pattern can indicate bearish On the 4 hour is does look like it wants to go down a little but on the smaller time frames there is some room for upwards. Continue monitoring the price at the levels , I think our zones and our ABDCE's and 123 45 are all more or less in line with price movement .... HOLD ON TIGHT TO YOUR DREAMS !!!by personal_brandPublished 331
BTCUSD 15 MIN BEARISH SMC BTCUSD 15 min bearish SMC Let's see what's happening in market Target's are down side swing prev.Shortby Sandeepsingh55Published 0
BTC BITCOIN GOING TO $15KIn this trend progression analysis, I track the movement of BTC across three key legs. Leg 1 began when the price closed above $6k, rallying up to $57k. Leg 2 then saw a retracement down to $16k. The start of Leg 3 was marked by BTC's failure to break below the $16k level, eventually reversing and initiating a downtrend once BTC closed below $68k. Currently, BTC has tested the $68k resistance three times, indicating weakness. I anticipate a further decline to $15k, potentially retesting the support from Leg 1. I hope this bearish scenario doesn’t play out.Shortby Novustrader679Published 7714
BTC: MACD Signals Aligning for a Potential Buying OpportunityLooking at several factors in parallel, BTC’s MACD is showing promising signs. The fast-moving average has started to curl up, suggesting a possible bullish cross above the slower line—typically a strong buy signal. The histogram has also been in the red for several weeks but is now curling upward, and we could be looking at our first green week. However, the lack of a significant volume increase means there’s no clear confirmation of a trend reversal just yet, and we aren’t seeing the momentum required for new higher highs or all-time highs. But if these signals continue to align, this could turn into a fantastic buying opportunity. The question is: will you take buying or selling actions based on these signals?by cryptechcapitalPublished 1