How to Trend the Trend for BeginnersHey Traders so today I starting a new series for beginners about how to trade trends using techincal analysis.
Enjoy!
Clifford
BMC1! trade ideas
BTC - Long around 80k after resolution of BTC Futures Volume gapI closed by BTC position (which was infact call spreads on BITO) at 107k and haven't touched it. I don't like to short in general and bitcoin can be very tricky.
I am interested in BTC at around 80k after the resolution of the BTC Futures Volume Gap and the mitigation of short interest present at former all time highs etc.
If volatility has spiked aggressively I may look to enter into a credit put spread and use that to finance OTM calls at longer expirations, I will do that all on IBIT.
On a paper trade I setup a few days ago I have OTM 45 puts on the February 21 contract on IBIT. I didn't actually take the trade as I've been busy managing QQQ and NVDA positions, but it would have served the basis of a multi leg low risk synthetic call if I had.
The open papertrade on Optionstrat is linked below. It was planned but I didn't take it because I got distracted by other things like watching 50% of my unrealized profit on NVDA vaporize because of a stupid mistake I made when hedging.
optionstrat.com
Bitcoin 69K is inevitable!BTC 2 Week chart.
Simple yet convincing with only 3 reliable indicators.
69K is inevitable.
Also filling our remaining CME gap along the way!
Bottom of channel also possible if we get a Black Swan event again.
BITCOIN; BTC Indecisive Moment What's Ahead Many annalists had started to say or speculate on the bitcoin price ,mostly regarding a short or mid term bearish case scenario in play
I kind of love the 2Weeks charts on bitcoin as well as other markets right now - for a more precise insight of basic market structure rules taking its toll and managed to
achieve new all time highs across many sectors not just crypto (SPX ;Gold and so on)
Under some sell of circumstances bitcoin may follow a bearish trend and reach lower levels
79k - could be a major support level = as a quick market shake off
70k - could be mostly represented by the next bear market lows
53K - this could happen under an economic crisis coupled with a black swan event
Greetings 🍀and the best of luck to you !
BTC1!Midrange and H4200EMA confluence seemingly providing the bounce thus far. Now closing back above Mid, having filled gap at yesterday's close at 101,495, which makes me think back up to fill 105,060 gap next, possibly before FOMC.
BTC LONGMy projection on the bitcoin. Steady uptrend and the demand zone is of good quality. Also a month known to print lows on Bitcoin
Bitcoin correction inevitableTime to Chart the King!
If you've checked my recent ideas, you'll find onefrom 11 December 2022 titled "Run it Back Turbo." Check it out!
Press the play button to see how I've pinpointed the perfect bottom!
Now, let's dive into why I've decided to close my trade:
Wave Count: I've marked the 5 waves we've seen so far.
Wave Comparison: Using the Date & Price Range tool, I've compared the size of wave 3 to wave 5. Wave 5 typically matches or exceeds wave 3, and you can see the King has done just that. How much more do you need to satisfy your greed?
ABC Correction: We're expecting an ABC correction where:
A Wave: Should hit the 0.382 Fibonacci level drawn from the bottom of the count to the current wave 5 peak.
B Wave: Logically, this would reach the 0.236 Fibonacci level.
C Wave: Expected to extend to the 0.618 Fibonacci level.
Fibonacci Retracement for Wave 5: If you draw a Fibonacci retracement just for the 5th wave, you'll see:
The A wave should touch the 0.618 level of this measurement.
The B wave goes to the 0.382
The C wave, as usual, should retrace fully to the 1.000 Fib level, where it began.
CME Gap: Check out the 1-day chart below to see there's still a CME gap to fill on the way down.
Monthly Close: We're nearing the first monthly close of Q1. Take a look at the RSI; there's a clear bearish divergence forming.
Liquidity Clusters: The liquidity clusters below look enticing and are prime for grabs, essential for further upward movements. Remember, this market thrives on the ping-pong effect with short stop hunts and liquidation hunts, followed by the same to the longs, rinse and repeat.
Here you see a freshly pulled LiqMap from The Kingfisher platform currently the only one I know of which can show you these clusters. As you can see we have a ton of liquidity to tap into before we can resume this bullrun!
Conclusion:
The King Needs to Reset!
No reason to be upset. Everyone needs a rest after such a run. We will resume our journey soon enough, reaching those higher targets sooner or later. See the bright side: we can sell now, load up at cheaper prices, and potentially make even bigger profits.
Follow me for updates to this idea and follow me on X for even more insights!
Bitcoin Futures
Another week concludes for the Bitcoin futures market without closing above the all-time high. The RSI is in overbought territory, showing a bearish divergence. It might be prudent to close the futures gap and look for a bullish divergence before expecting further upward movement. The price might revert to the high of the RSI for support, which was around the 49k area.
BTC1! Bitcoin possible crash scenario.The BTC1! chart strikes me as particularly interesting because, unlike other BTC charts, professionals use Bitcoin futures contracts here to speculate on BTC's volatility or manage risk in larger portfolios. The trading schedule runs from Monday (opening at 5:00 PM CT) to Friday (closing at 4:00 PM CT). When the Monday opening price differs from the Friday closing price, a gap is created, which is often filled, as historical data shows similar occurrences.
Currently, there is an unfilled gap between 80,000 and 78,000. While it's not guaranteed that this gap will close, it's worth keeping an eye on that zone. Interestingly, the 0.5 Fibonacci retracement level also aligns with this area. Additionally, there's the 0.25 zone where we find an nPOC (naked Point of Control).
We could see a significant bounce of 20–40% from these levels. If BTC were to experience a 50% drop from the current point, it would bring us to around 54,000. Historically, it tends to have a substantial bounce whenever BTC has fallen more than 40%, making these levels worth monitoring closely.
BTC1!Haven't seen a single "never again below 100,000" xeet on the timeline...
Personally I think they got the liq they were looking for already this week.
Quick dip at today's open to fill gap at 103,415. Gap filled now. Higher.
2 IDEAS. BULLISH AND BEARISH.BASIS JANUARY (M) CANDLE CLOSE.Bearish Scenario in Red lines.
If BTCUSD January month candle closes below 99k. A bearish momentum is possible.To 49k Unless Feb month candle briefly goes below 99k( Institutional bulk buying will create a jump up to above 105k). Then the bullish move will be restored.
Bullish scenario in Green lines
If January Monthly candle closes at above 103k. or anywhere above 100k, We will be looking at a bullish rally to 155k -take profit. Then a retracement will happen.
king's ideas.
BTC IS GOING TO 120 K !here in #BTC chart we have a nice pattern
i think the market is trying to make a rising wedge with 5 waves
these 5 waves can be markets last rise before a big correction
there is a gap around 75K that should be filled and a demand under it that should be touched
Bitcoin teases a record high (but I'm not 'buying' it)While my bias for bitcoin futures to reach 125k remain in play, I'm a tad suspicious of its attempt to take out the previous record high with any conviction this week. I take a closer look at trading volumes and futures market positioning to explain why.
Matt Simpson, Market Analyst at City Index and TradingView
BTC CMEAfter touching the weekly BISI, the price dropped behind the stops in the shorts, the daily BIs became an inversion and gave support to the price without pushing it down.
If this is a Екгьз rally, we will see how the price will react within 4 hours, a selling pattern is formed, there is inefficiency, a block of refusal is possible, which can lower the price to 0.5 range
Will this move be to fill the weekly BISI again or will it continue to send orders up?
Now those who entered long have opened positions, I think the price will follow their stops
BTC MAJOR CORRECTION LOADING......KING'S IDEAS projected a rise to 111,000. As i post this correction idea, BTC TOPPED AT 109,000 So, for the highest targets o be reached. A correction to 63,000 then a wick upto 68,000 will be necessary. Then a downward to 65000 then 67000 then 68000. As from 68,000 we are looking at ATH 200K...TO 300K. king's ideas
BTC Watch it for everyoneWorking out the signals of last week. Advantages of OKX. Canonical analysis
Limit oder area 1 15MPlace a limit buy order a area 1 for a 1/2 risk/reward waiting to be fill, strong buyer at AOI
Sell at area 1 and buy at the 50% breakPrice enter pretty strong to the 50% and stop me out, i wait to play for re enter at the break of 50% and take a stop for the Second time.. this take me to a over thinking 🤔 mode.
Fear to trader on this trader over think my execution, because of the last stop loss.... went this trader take place again NO over Think to enter a the AOI whit the stop under the 50% on the zone for a 1/2 risk/reward
LOKING A bitcoins to go down on this 15 minute, im take a shots position to profit a 1 to 2 risk/reward trade
BTC liquidity maphere i show you #BTC liq map in 2 ways
once is LIQUIDITY HEATMAP
the other is BTC chart in CME which has a gap !
you know that this gap should be filled but the main question is when ?!
i think there is a bullish pattern in the whole market and this can make bitcoin go further and further but after a big rise there will be a time for bearish waves so this gap will be targeted and this gap will be filled
check out this analysis on BTC
BITCOIN TO $250K – THE INEVITABLE💥 OANDA:BTCUSD is set to explode past $250,000 – here’s why:
1️⃣ Big Players Are In: BlackRock, Fidelity, and global institutions are driving massive adoption.
2️⃣ Supply is Shrinking: With 19M BTC mined and halving ahead, demand is skyrocketing.
3️⃣ Macro Trends Align: Inflation and fiat uncertainty make Bitcoin the ultimate safe haven.
📈 Technicals Are Screaming Bull Run:
FWB:65K ATH? Flipped to support.
$100K? Just a milestone.
$250K? The new frontier.
🔥 This isn’t a rally – it’s a revolution. Don’t miss your chance to make history.
💬 Drop your price targets below. Are you ready for the $250K era?
🔄 Share this post and join the movement.
