BitcoinBullishness remains, should it retrace to 70000 i'll be looking to add to my long position with a first target at 80000Longby lell03124
#BTC reaches the buy zone📊#BTC reaches the buy zone✔️ 🧠From a structural perspective, the ideal target area of the small double top structure has been fully achieved, so it is very reasonable to have a strong rebound, but unfortunately, it was only $100 away from our second entry point and was not triggered, so we missed this rising wave. You can check it in the previous post. I marked the price on the chart. If you bought when the price touched the green buy zone, then the profit return now is sufficient. You can lock in the main profit and then look forward to more. In this way, even if the price falls again, you will not be troubled by profit retracement. ➡️From the current structure, we have two expectations. One is that we will continue to rise after stabilizing from the neckline support area and build a bullish cup-handle structure. The other is to build a large double top structure after breaking the neckline support area and enter a deeper adjustment stage. ➡️In general, the market is not very clear at present. We need more patience to observe. Don’t guess too much about how the market will develop. Just wait patiently for market signals to appear and make corresponding transactions. 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 Longby wolf_king8885
bitcoin targets using fib ### Chart Overview: - **Timeframe:** The chart is set to a 4-hour (4h) interval, meaning each candlestick represents 4 hours of trading activity. - **Price:** The current price of Bitcoin is 71,423.43 USDT. - **Volume:** The volume bars at the bottom indicate the trading volume for each time interval. ### Technical Indicators and Tools: - **Fibonacci Retracement Levels:** These horizontal lines represent key levels where the price might find support or resistance based on the Fibonacci sequence. Common levels are 0.236, 0.382, 0.5, 0.618, and 1.618. - The price is currently around the 0.5 Fibonacci level. - **Moving Averages:** - **Green and Red Lines:** These are likely moving averages, possibly the 50-period and 200-period moving averages, which traders use to identify trends and potential reversals. - **Buy and Sell Signals:** - **Buy Zones:** Green areas where the price might be a good point to buy, often where the price finds support. - **Sell Zones:** Red areas where the price might be a good point to sell, often where the price faces resistance. ### Trading Activity: - **Candlesticks:** Each candlestick shows the price movement for that 4-hour period. The green candlesticks indicate a price increase, while red candlesticks indicate a price decrease. - The chart shows recent price action with a series of green candlesticks, suggesting an upward trend. ### TradingView Indicators: - **Volume Profile:** The histogram at the bottom shows the volume traded at different price levels, helping traders identify significant support and resistance zones. - **RSI (Relative Strength Index):** The line chart below the main price chart is likely the RSI, which measures the speed and change of price movements to evaluate overbought or oversold conditions. ### Additional Information: - **Price Levels:** - **High:** 74,788.88 USDT - **Open:** 71,929.00 USDT - **Low:** 63,768.36 USDT - **Close:** 71,423.43 USDT - **Change:** The price has decreased by 28.58 USDT (-0.04%). ### Interpretation: - The price of Bitcoin is currently in an upward trend, having bounced off the 0.5 Fibonacci level. - The moving averages are trending upwards, indicating bullish momentum. - The RSI might be in a neutral or slightly overbought state, suggesting caution for potential reversals. - Volume spikes can indicate significant market activity, often at key support or resistance levels. This chart provides a snapshot of Bitcoin's price action, technical indicators, and potential buy/sell zones for traders to make informed decisions.Longby chrisGTR1
BTC Long BTC Long Idea: Enter a 15-minute timeframe long position at current levels targeting $71,500. Look for a clear breakout above immediate resistance with volume confirmation. Consider a stop-loss below the recent support level to manage risk in case of reversal.Longby cuteMoth17140Updated 444
What is Divergence?Divergence in trading occurs when the price of an asset moves in the opposite direction of a technical indicator. This mismatch indicates that the momentum behind the price action may be weakening, often suggesting a potential reversal. By learning to spot divergence, traders can anticipate market changes, either as a reversal in trend (regular divergence) or a trend continuation (hidden divergence). Types of Divergence Regular Divergence Hidden Divergence 1. Regular Divergence Regular divergence is a classic form that suggests a potential trend reversal. It happens when the price action and an oscillator (like RSI or MACD) display conflicting information, often indicating that the current trend may be losing strength. Types of Regular Divergence: Bullish Regular Divergence: Occurs when the price makes lower lows, but the indicator makes higher lows. This suggests a potential reversal to the upside as the selling momentum weakens. Bearish Regular Divergence: Occurs when the price makes higher highs, but the indicator forms lower highs. This indicates potential downside momentum, often preceding a downtrend. How to Identify Regular Divergence: Use an oscillator such as the RSI, MACD, or stochastic indicator. Look for situations where the price action forms new highs or lows, while the oscillator forms opposite lows or highs. Confirm the trend by observing the price trendlines to determine the type of regular divergence (bullish or bearish). Trading Regular Divergence: Bullish Regular Divergence: When you identify bullish regular divergence, consider entering a long position once the price shows signs of reversal, like a bullish engulfing candle or another bullish reversal pattern. Bearish Regular Divergence: For bearish regular divergence, a short position may be taken once you confirm a bearish reversal pattern, such as a bearish engulfing candle or shooting star formation. Example: If the price of a stock is making higher highs but the RSI is making lower highs, this is a bearish regular divergence. You could consider shorting the asset or closing long positions as a precaution, anticipating a potential trend reversal. 2. Hidden Divergence Hidden divergence indicates potential trend continuation. It suggests that although there may be a pullback, the primary trend will likely resume. Types of Hidden Divergence: Bullish Hidden Divergence: Occurs when the price forms higher lows, but the indicator makes lower lows. This pattern signals that the uptrend is likely to continue. Bearish Hidden Divergence: Occurs when the price makes lower highs, but the oscillator makes higher highs, indicating a potential continuation of a downtrend. How to Identify Hidden Divergence: Observe the trend direction of the price. Hidden divergence typically appears during pullbacks in a strong trend. Use the oscillator (RSI, MACD, etc.) and compare the highs and lows formed by both the price and indicator. Confirm the pattern: if the price and indicator form opposing highs or lows, it may indicate hidden divergence. Trading Hidden Divergence: Bullish Hidden Divergence: Enter a long position after identifying bullish hidden divergence, especially if the primary trend is upwards and the oscillator is showing a lower low. Bearish Hidden Divergence: A short position can be considered when bearish hidden divergence is identified, and the primary trend is downwards, with the oscillator showing a higher high. Example: Suppose an asset’s price makes higher lows in an uptrend, but the RSI makes lower lows. This indicates bullish hidden divergence, suggesting that the pullback might end, and the uptrend is likely to continue. Enter a long position, placing a stop loss below the recent swing low to manage risk. Indicators Used for Identifying Divergence Relative Strength Index (RSI): RSI measures the strength and speed of price movement, making it ideal for identifying overbought and oversold conditions. Moving Average Convergence Divergence (MACD): MACD tracks the difference between two moving averages of the price and can be used to detect shifts in momentum. Stochastic Oscillator: This oscillator helps detect potential turning points by comparing the closing price to the range over a set period. Each of these indicators helps identify divergence differently. For example: If RSI or Stochastic is diverging from price action, it may indicate that momentum is waning. MACD can be useful to spot both regular and hidden divergences, especially on larger timeframes. How to Trade Divergence Confirm Divergence: Use divergence to identify a potential reversal or continuation pattern, but confirm it with additional signals such as candlestick patterns or volume analysis. Set Entry Points: Wait for a price action signal (e.g., a candlestick pattern) in the direction indicated by the divergence. A bullish divergence might signal a buying opportunity after a bullish candlestick, while a bearish divergence could indicate a selling opportunity after a bearish pattern. Use Stop Loss Orders: Place a stop loss slightly below or above recent highs or lows to manage risk. For example, in bullish divergence, place a stop loss below the swing low to protect against downside risk. Set Profit Targets: Use support and resistance levels, Fibonacci retracement levels, or moving averages to set profit targets. Tips for Successful Divergence Trading Combine with Other Indicators: Use moving averages or trendlines to confirm the overall trend direction. Choose Longer Timeframes for Stronger Signals: Divergence on longer timeframes (e.g., daily or weekly) tends to produce stronger signals than shorter timeframes (e.g., 15-minute or hourly). Don’t Trade Divergence in Choppy Markets: Divergence is more effective in trending markets. Avoid using divergence in low-volume or range-bound conditions, as it could result in false signals. Stay Aware of False Signals: Not all divergences result in profitable trades. Always use risk management tools, such as stop losses and position sizing, to minimize potential losses. 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 Crypto4light2
The $100,000 Bitcoin Chase: Can You Catch It?Hello traders, It's been a while since BTC reach all time high $73000 spot. As you traders notice that price started making all those LH, HH and even LL making the market in a state of uncertainty. In fact, the BTC market is accumulating a very strong momentum making ready to skyrocket at time especialy at this time when Gold is making superbe HH. I am seeing Bitcoing nothing but going forward the golden spot $100000! Keep a close eye on the market and never miss the great opportunity when it comes. Good luck!Longby YMtradingsystem3
Whale Indicator ($2300 Revenue Available, Congratulations)Hello, I'm Whale Signal Here's a quick recap of the Bitcoin trading ideas I shared in Trading View yesterday Bitcoin is forming a triangular convergence pattern, and we need to closely monitor whether it breaks through the upper resistance line or deviates from the lower low based on the important sell-off. We've explained that, and we've shared some of the main sell-offs that you must check for that As a result, Bitcoin broke above the top of the trend, supporting the main resistance stand within the triangle convergence pattern Following the retest, additional gains were made using the main selling point as a springboard, and the opportunity to realize $2,300 in revenue was provided One thing that's unfortunate is that if a clearer retest had been made after the breakthrough, more people would have easily earned profits In fact, some of those who expected a retest missed the opportunity, but those who entered after seeing the breakthrough rise must have made a good profit because they clearly broke through the sale table and closed it immediately Congratulations to those who responded flexibly as Bitcoin broke through the main selling point and met the rising conditions <> Yesterday, I made the first purchase in the retest section of triangular convergence, and after the breakthrough of the sale table was confirmed, I added the second purchase of burning, and I am currently proceeding with the partial next day The remaining holdings are holding in anticipation of further upside, with the price of StopRose set at the price of the buy We are currently expecting further rise and are waiting for TP2 (target to reach 2) Looking at the price range, we're looking at the early-mid 72K, and you can find the specific price target in the real-time chart link below The next inflection section could be a very important point for futures traders, so be sure to check it carefully *I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis* *For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below* <> 1. The whale indicator simply points to support and resistance 2. Please refer to the whale index to find a trading RBI suitable for your analysis 3. The shapeby Whale_signal2
Bitcoin / TetherUSHello community, Small daily chart on BTC. I have displayed the accumulation zones. The historical high is at $73,777, I think we will go for it. The 200-period simple average is flat. Not being a crypto specialist, my analyte may be wrong. Make your opinion, before placing an order. ► Thank you for boosting, commenting, subscribing!Longby DL_INVEST4
#BTC 72800 $ Confirmed. ..#BTC 72800 $ Confirmed. .. Watch My Previous Analysis For #BTC.. And All ALTS Exit Pump Series.. Longby ShashvataTradingUpdated 4
Bitcoin's rise to around 200k will be available with the break oBitcoin's rise to around 200k will be available with the break of the previous channel and ceilingLongby electronicHope79274111
BTC/USDT Analysis 📍 #BTC/USDT Analysis Bitcoin #BTC has finally broken out of a broadening wedge pattern after 8 months of consolidation, indicating strong potential for a midterm rally . The midterm target lies between 88k - 90k if this momentum continues. This breakout could lead #Bitcoin to new Longby VIPROSE2
Chart Pattern Analysis Of Bitcoin K2 nearly close upon the neck line, And K3 keeps climbing up. It seems that the large scale consolidation had ended. And another bull run had started earlier. If I hadn’t bought it earlier, I will have to buy it here. If the close price of this month close at high price area, It is very likely that the three years bull market will finish its motive wave(5) in the following 6-7 months.Longby nothingchangehere113
BTC....ATH INCOMING???Hello all, Today we will be discussing the current outlook of BTC. Price has broken out of the downward channel on the daily timeframe and is currently retesting the resistance level of $74-72K. I expect to see a pullback to retest the new support area around $69-67K and continue the bullish momentum Longby Miles4life1110
BTC BULLISH AFOmg! The weekly looks so bullish We closed two weekly candles above the downward resistance Fingers crossed for this to play out🤞 One last pullback from near the ath for last wave 2 and then blast off into multiple 3s Longby Mashood_Abidi945
Bitcoin Buy Signal (1H)MEXC:BTCUSDT As we knew before that when IDMs got grabbed, after getting a SCOB on our structure time frame, or wait for a ChoCh on the lower time frame (which now the LTF is 5 mins chart), we can get into the position (which here is a Buy Position). And now we had a ChoCh on the 5 mins time frame on Bitcoin which allows us to open a Buy Position. P.S: Money & Risk Management is Crucial, Because nothing's certain in the market. :) I will update Bitcoin regularly, Follow me on TradingView for more. Happy trading.. Cheers, AurioLongby x-AurioUpdated 3
BTC LONG 8HR TP:69400+ 27-10-2024New analysis on an 8-hour timeframe, expected to fulfill in 2-3 days. Speculating on manipulation to push above 69,400 up to 72k. This trade is based on a potential manipulative move to liquidate longs. The analysis remains bullish. #Trading #BitcoinLongby ReyDragon21Updated 2
BTC printing HL on 4HRHi all, This is my 3rd post and I'd love to share a very simple idea with you. No excessive indicators, just simple SR and factual information. On the 4hr #BTC we can observe a peak to about 69,500 USD with the RSI gradually moving lower (sorry, Im using the free version and do not have the ability to show more than 3 indicators). Eventually, a steep drop followed to the support at about 65,200 USD with a wick closing above 66,400 USD. We had quite a nice recovery to 68,850 USD followed by the same steep drop to 65,500 this time and a wick closed above 66,700 USD leading to a higher low. Another important fact, is that the price wicks towards the 100 SMA on the 4HR (which is rising) leading to strong buying pressure and higher lows. The last drop occured due to the Israel - Iran bombings, which was a great way to use externalities in retesting a support. Three things can be observed here: - A test of our ATH cluster - A breakdown to the 65k support & 100SMA on the 4hr TF - Retest to 68,850 (which is a LH btw), followed by a breakdown and retest of support at 65,5k which coincides with the rising 100SMA on the 4hr TF and, eventually a HL. What does that mean? It means that, if we keep this structure, the only way is UP. Im expecting the move to reveal within the next 48 - 72 hrs. Let's see, though. Geo situation is very dynamic and the crypto market has proven to be quite sensitive to whatever events. Good luck yall. *This analysis is based purely on my personal observation and should serve as educational material. It is not a financial advice by any means. Longby raichostanevUpdated 110
Bitcoin is mainting strong bullish momentumHey traders, BTC price was rejected from a major weekly level at 69566 and retraced back to another major level which is 67355 and consolidated building a strong market structure then the priced flactuated between minor levels up and down the 1H 66398 and 68844 where the actual price is stuck now during the Chicago and New York sessions. There is a high probability that the price could reach a main level which is the Weekly level of 69566 but be cautious the price might reject back and look for the daily level 67346. In case the price breaks the weekly level of 69566, should you wait for a pullback then long only for long positions targetting the 71591. Keep a close eye on the chart and happy trading!Longby YMtradingsystem1
If you are uncertain, put your holdings in a stable coinIf you have been holding for a long period of time and you're uncertain of where the markets will swing due to the elections, the safe thing to do is sell your holdings into a stable coin, then wait for the markets to stabilize before getting back in Also, if you plan on riding the swings of the volatile market remember to put your system first and your emotions second. There's nothing more disheartening than making big losses during a bull run16:37by Blayno_MTOPS1
#BTC Bullish Cup with Handle📊#BTC Bullish Cup with Handle📈 🧠From a structural perspective, we have built a bullish cup with handle structure in a sideways consolidation, and also completed the TP2 of the long position. Currently, it has touched the neckline resistance, and there is an expectation of a decline, but the structure belongs to the long position, so after the pullback occurs, we will be bullish, but we need to pay attention to the blue resistance area above. 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 Longby wolf_king8882
BTC LONG 2HR TP:69400 27-10-2024A complementary analysis suggests that the upward movement in the next 48 hours could start from between 66,850 - 67,320, leading to a continuation towards 69,400. Therefore, I do not rule out the possibility of manipulation. #Trading #BitcoinLongby ReyDragon21Updated 3
Sel?!Bitcoin is in a limited upward phase, after that there is a strong possibility that we will see a sharp decline. Can we overcome this complex?!! This is just an analysis to describe itShortby sabri20034
Macro ABC on BTC to 74,000 USDT A simple grasp of the ABC move here the wicks are big under current 4hr chart Longby NuclearSunset5