BTC DiamondI've recently noticed the Diamond pattern on BTC chart. According to this pattern Bitcoin is preparing for a pull back to $40k price tag. Of course, it doesn't have to happen, it's just what the pattern says. Anyways I'll leave it here for myself. Shortby Stan_LeimanisPublished 3
btc down now Current market conditions indicate a potential downtrend for Bitcoin (BTC) against Tether (USDT). Key factors suggesting a short position include: Technical Resistance Levels: BTC has recently encountered strong resistance at the $30,000 mark, with repeated failures to sustain upward momentum. This suggests the possibility of a reversal. Overbought Indicators: Several technical indicators, such as the RSI (Relative Strength Index), are showing overbought conditions, indicating that a correction could be imminent. Market Sentiment: Recent sentiment analysis reveals a growing bearish sentiment among retail investors, often a precursor to downward price movement. Fundamental Factors: Potential regulatory concerns and macroeconomic conditions could impact market confidence negatively, further pressuring BTC prices. Volume Trends: Decreasing trading volume during upward price movements points to weakening buyer interest, increasing the likelihood of a price pullback. Given these factors, initiating a short position on BTC/USDT may align with current market trends, but it is essential to set stop-loss orders and manage risk appropriately.Shortby farzadzeraatkarPublished 1
#Bitcoin update on #election dayHere is my plan for election day on bitcoin... Just trading bitcoin because the dominancy... Altcoins will come later... Trade safe, it can be very volatile... Doing risk management... PS: On my video I show higher lows but saying higher highs :)... Long08:56by PA_Koala_CPublished 2
BTC updatePrice finally reached our first support zone after 6% correction & respected our number and showed nice reaction to it Now we have to see how much recovery we can get from this support before going down againby qude17Published 1
Understanding the Danger Zone of trading. They occur oftenPatience is key, but it's easier said than done. Many of us, myself included, have fallen into the trap of opening trades at the wrong time and in the wrong place, driven by impatience. A powerful way to avoid this mistake, especially in fast-moving markets, is to use the Gann Tool on higher time frames. The secret lies in identifying when the price is in the 'killzone'. When the price is here, it's a clear signal to step back and avoid taking trades. Stay patient, stay safe, and make sure you're trading when the conditions are in your favor. #TradingTips #GannAnalysis #MarketPatience #TradeSmart #KillzoneAvoidance #ForexStrategy #RiskManagement #TechnicalAnalysis #TraderMindset #PriceAction11:51by Blayno_MTOPSPublished 1
bull update A bull flag pattern with strong bullish momentum has formed, and we recently saw a breakout, sweeping liquidity around 50,547. On a refined daily chart, the price is pulling back to around 61,300, which I plan to target for a buy, aiming for an upside move up to 81,000.by danielon5817Published 1
Bitcoin Short Signal | 4-Hour Timeframe🟣 Entry Point: Bitcoin recently lost the key support level at $68,800 with a strong bearish candle, signaling sellers’ intent to push the price further down. This break opens an opportunity for a short position. 🟢 Technical Analysis: The $65,000 level stands as an important dynamic support. This level aligns with a trendline connecting two major lows at $49,000 and $52,500. If the price reaches this zone, buyers may temporarily halt the decline. However, if $65,000 breaks with strong selling pressure, Bitcoin may likely target lower levels, indicating a further weakening in the market structure. 🔴 Key Levels: Entry: After breaking and consolidating below $68,800 First Target: $65,000, as a dynamic support level Second Target: If $65,000 breaks, there is potential for a move toward lower support levelsShortby arzdigitalisthaPublished 1
Bullish for bitcoin Hello guys btc drop to my low risk area 68k to 69k so here we have a good oppertunity before US election for buy bitcoin. tp 100000 dollars per bitcoinLongby MisterProfessorPublished 3
BTC - 76K in the making?Hi, hope you are doing fine. To be honest its hard to tell, but price discovery can take us to 76K or even higher. I belive it will happen and Im holding my longs. Regards.Longby KoDPreyPublished 2
What happens to Bitcoin after the U.S. election?The D-Day for U.S. elections is here, and the short-term impact of the outcome on Bitcoin (BTC) could be big. According to the latest Bernstein outlook, a Harris win could drag BTC to $50K, while Trump’s victory could rally it to a range between $80K-$90K. The research and brokerage firm cited Harris’s relatively hawkish stance as the reason for BTC’s $50K target. But if Trump emerges as the winner, the analysts projected that BTC could hit a new ATH, citing the former president’s pro-crypto stance. Amberdata, a blockchain insights firm, and asset manager Bitwise, echoed the same projection, although with slightly different targets. According to Amberdata analysts, there could be a $6K-$8K price swing depending on who wins the U.S. elections. This was consistent with recent action by hedge funds for potential bullish outcomes while covering for likely wild BTC price swings. Based on BTC’s sensitivity to Trump’s odds on Polymarket, Bitwise analysts found BTC could surge 10% if Trump wins. Conversely, BTC could drop by nearly 10% if Harris wins. That said, at press time, Deribit data showed options traders were pricing a 21% chance of BTC hitting $80K by the end of November. When zooming out from the short-term U.S. election noise, BTC’s long-term impact has always been positive in the past three election cycles, with Bernstein projecting $200K by 2025. by paul_endeoPublished 1
5 REASONS TO STAY IN THE CRYPTO MARKETThe end of September aka rektember historically the worst performing month of the year is in sight, and October is fast approaching. 1/ October aka ‘Uptober’ or better to say "Moontober" is historically one of the best performing months of the year and in the past two bull run years October’s have all been green – third time’s a charm? FYI last year we pumped 29% and so many of us ordered Countach 2/ It ain’t just October – Q4 historically yields the highest returns of the year Excited for Uptober? Just wait till we hit No Loss November baaaby! 3/ M2 projections vs. CRYPTOCAP:BTC looking bullish M2 tracks the global supply of money. The more money is in the system, the more of it can flow into crypto. Here’s Bloomberg’s 10week projection of M2 supply (black) overlaid with CRYPTOCAP:BTC ’s current performance (red) 4/ The bull market historically takes off at this point See that white line? That’s the current cycle as you see The crypto market seems to be following historical bull market trends closely. We've experienced a stronger than usual rally ahead of the halving, largely driven by expectations around spot Bitcoin ETFs. However, the post-halving rally has been weaker, bringing the market back in line with typical patterns seen in previous cycles. Potential for Growth: If past cycles are any indication, the market is expected to gain momentum from this point onward. Historically, after a weaker post-halving phase, a significant upward surge is needed to complete the cycle. Cycle Length Considerations: There is evidence suggesting that each crypto cycle is lengthening in terms of duration. This trend may reflect increasing institutional involvement, as longer cycles often point to a more mature and stable market 5/ Rate cuts are here! The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020.This is now the most unexpected Fed decision since 2009. And lowered rates allow more money to flow into markets over time. and after btc pump we will have sweet alt party so buckle up and be ready for printing money Longby moonyptoUpdated 19
Bitcoin's Bullish Pathway to New Highs Technical Analysis: Bitcoin (BTC/USDT) continues to maintain a bullish structure as it stays above the Bullish Ribbon. This indicator shows a strong upward momentum, with the price maintaining higher lows and bouncing off key support levels. The recent breakout above 65,000 has further solidified this bullish stance, making it an essential support level that the price needs to hold to maintain upward momentum. Key Levels and Potential Targets: The next major resistance lies at the 73,000 level, which, if broken, could pave the way for a more substantial rally towards Fibonacci extension targets at 84,000 and 106,000. These levels align with historical price action and projected extensions, which could serve as major areas of profit-taking for bulls. TSI Indicator and Momentum: The True Strength Indicator (TSI) is above the zero level, reinforcing the bullish outlook. Higher lows on the TSI confirm sustained buying pressure, adding confidence to the current upward trajectory. As long as TSI remains above zero, the bullish momentum is likely to continue, supporting potential moves toward the next resistance levels. Outlook: Bitcoin is showing clear bullish signals across multiple indicators, and the trend remains positive as long as the price holds above 65,000. With the Bullish Ribbon and TSI both signaling strength, the path to 73,000 and potentially higher levels remains open, as long as bulls defend key support zones. 👨🏻💻💭 Are you ready to ride the Bitcoin wave? Share your thoughts below and give this analysis a boost if you’re as bullish as we are! 🚀 _________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc. Longby 3CommasPublished 1
BTC/USDT.P UpdateIf we ignore the election, we had a bearish weekly candle close this past week so I anticipate a sizeable pull back. If we considering election effects, usually the election week is bearish and then an unconditional rally comes soon after; typically it will last till the end of the year. If this pattern holds true, I would personally hedge a trade to profit on both sides. I'm still long term BTC bullish, but this week, I will consider shorting to hedge against my longs. I have marked a few places where I would take TPs on the short and DCA for my longs for you to reference. Trade safely! @Nate Alertby Nate36989Published 1
BTC IN UP MOVEMENT + TRADE PLANTrend Identification: Descending Channel: Bitcoin is currently in a descending parallel channel after an uptrend, indicating a potential bullish continuation if it breaks out of this channel. Previous Uptrend: The price came from an uptrend, and descending channels often serve as continuation patterns, suggesting a higher probability of an upward breakout. Key Support and Resistance Levels: Support Levels: $68,556.87: Major support near the recent low in the channel. $66,333.98: Secondary support zone that could act as a cushion in case of a downside move. $64,591.15: Historical support level providing a safety net if the price dips further. Resistance Levels: $72,198.87: Immediate resistance that BTC needs to overcome for a continued uptrend. $73,655.67: Key resistance area that, if broken, could trigger a strong bullish move. Indicators Analysis: RSI (Relative Strength Index): The RSI is close to the midpoint, indicating a neutral zone. However, an upward movement in RSI could signal increasing bullish momentum. Stochastic RSI: Currently near the overbought zone. It indicates potential upward pressure, but caution is needed as it may signal short-term exhaustion. Volume: Noticeable increase in volume around the support levels, indicating buying interest. Volume confirmation on breakout above the resistance line would strengthen the bullish case. Moving Averages: HMA (Hull Moving Average): Showing a slight upward trend, aligning with the potential breakout from the descending channel. Trading Plan Entry Strategy: Aggressive Entry: Enter a long position upon the breakout of the descending channel, ideally with a confirmed volume increase above $72,198.87. This would signal a possible continuation of the previous uptrend. Conservative Entry: Wait for a confirmed breakout and retest of the $72,198.87 level. If the price holds above this level after retesting, it indicates stronger bullish confirmation. Stop Loss: Place a stop loss slightly below $68,556.87 to limit downside risk. This area aligns with recent support, and a drop below it may indicate invalidation of the breakout pattern. Take Profit Levels: Primary Target: $73,655.67 (first resistance level). Partial profits can be taken here to lock in gains. Secondary Target: $76,000, if Bitcoin gains strong momentum after breaking through the primary target. This level could be achieved in a continued bullish scenario. Final Target: $80,000 as a psychological target, if there is sustained bullish momentum and no major resistance above. Risk Management: Position Size: Limit the position size to manage risk exposure, especially with the potential volatility in cryptocurrency markets. Trailing Stop: Consider using a trailing stop after reaching the first target to lock in profits while allowing for potential upside. Monitoring Indicators: Volume: Continuously monitor the volume as the price approaches resistance zones. Higher-than-average volume would support the breakout, whereas weak volume could lead to a false breakout. RSI and Stochastic: Keep an eye on these momentum indicators. If the RSI and Stochastic enter overbought territory and start to diverge, it could signal a potential reversal. Timeframe: This setup appears on a 4-hour chart, suggesting a medium-term trading perspective. Reassess positions if the breakout fails to materialize within the next few days. Longby elfabiianiPublished 1
Bitcoin: Small Dip to $49k Or Crypto Winter down to $15k?There are two potential options for Bitcoin price. 1) Price will complete ABC correction as we have A-B in place already. The wave C could retest the valley of wave A at GETTEX:49K 2) Large red second leg down could complete a bigger correction. It could retest the bottom of leg 1 around $15k. Only below GETTEX:49K we can see what structure is unfolding. What are your thoughts why such a huge collapse is possible? Media says miners start switching to AI investments to drop cryptos. Please share your thoughts down below Shortby aibekPublished 1
Be Prepare for The US President ElectionThe pattern is right in my box, For now i think will sideway or liquidity grab down then will up again (if trump win) and i just got info from insider, if you gambling and want to all in your money with meme coin trump, saga, or tremp or etc, if you believe he will win it's fine, if he lose can make market crash and will liquid with all posisition. so be careful and trade with what you see, not what you feel. by ChorneliusyoshiPublished 2
BTC trade setupjust maybe btc is bullish but it need some correction in case of correction , this setup might be helpfulby hamidrezasa2373Published 1
Bitcoin Trend Analysishello guys As you see price breaks 69000$ zone and now this zone became support. So i think 69000$ level will be hold and price after range makes a HH Always DYORLongby pichilotradesPublished 1
BTC Short Trade Opportunity and SetupBYBIT:BTCUSDT.P / BYBIT:BTCUSDT / CRYPTO:BTCUSD Bitcoin/BTCUSD has recently hit the resistance level of a pattern that has generally held true since mid March 24 (4 preceding resistance and support confirmations). Furthermore, it has started a return downward move following on from a 3 day filter for confirmation of the resistance level (an example of how a 3/5 day filter is an important tool for crypto trading). Additionally: The RSI resistance level of 70 has been recently reached and the RSI is trending downwards - a usually statistically significant indicator The downward return move is supported by reasonable (although not enough on it's own) volume A 3 bar pattern (downward move, pause, further downward move for confirmation) A rate of change approaching and trending negative A MACD also approaching negative It's always important to assess the risk that might prove the thesis wrong. And they are: Today's candlestick pattern is close to a dragonfly, i.e. there might be a return upwards move imminent (although this is unlikely to constitute a beginning of a move beyond the previous high as an actual dragonfly candlestick is at the end of a downtrend) The MACD is trending down but has not actually turned negative yet, i.e. it is a bit early to say this indicator is stating a downward trend The ROC hasn't turned negative yet either (but is trending downwards for sure) This all leads to the following conclusion: For those with a high enough risk appetite (and usually crypto traders are those with the highest :-)) this is a good entry point for a short trade. Using the (admittedly early but still reasonable) trend for the past three days to determine the final take profit point of 45500 (blue arrow) by approx. 19 Nov 24, the following can be set as a guide for a trade: Entry: Now or latest tomorrow in case today's candlestick is an indicator of a minor move upwards SL: $70,500 TP1: $63,450 - based on the first potential moving average being a resistance (200 MA) TP2: $60,500 - based on the previous move's consistent (and twice confirmed) low TP3: $54,500 -based on a previous historic low (i.e. psychologically important price point) which also acts as a confirmation of support to a previous move TP4: $45,500 - The approximate price point of an estimated downward trend Exit date (independent of TP level): 19 Nov 24 NOTE: the 19 Nov date here is important. It is the forecasted date by which the current downward price trend would linearly reach the support level. This date would be used as a checkpoint to exit the entire trade to safeguard against the normal, usually dramatic and beyond rational calculation price gyrations of crypto.Shortby slip_streamUpdated 4
Bitcoin retested its all-time high (ATH)Bitcoin retested its all-time high (ATH) area near $73,777 last night but faced a rejection, resulting in a slight retracement to its current trading level around $71,900. This price action is a pivotal point, as a successful retest of the ATH could either: Break Through – capturing short sellers' stop losses above this level and potentially flipping the ATH area from resistance into new support. This could allow Bitcoin to push higher, continuing its upward momentum. Reject and Retrace – if the ATH level holds as resistance, we may see a pullback to lower support zones before the next move. Given Bitcoin's proximity to this critical level, traders should monitor the reaction closely, as a sustained breakout could signal strength in the overall market, whereas a rejection may indicate more consolidation ahead.by Richtv_officialPublished 2
BTCUSDT long using proprietary multi-timeframe trend detectionBTC has maintained the H1 short term trend (13D EMA) throughout the tail end of the New York session, the entire Tokyo session and now the London session. For the coming hours it will be quite interesting to gauge wether we see a reclaim of 73000. This is a crucial psychological and once support is found there if reclaimed today, we'll likely find the spring to catapult us to a new all time high. Entry: 72528 SL: 71666 TP: 77777 Short term I'd like to see the H4 close back above 73.4k for relative confidence that this leg is well underway. Will look to move the SL into BE when that happens.Longby backo3456Published 1
BTC short term tradeit is very likely that BTC will down for a correction before a big bull run. you can follow my trading advice and don't forget to readjust your stop loss and manage your risk according to your portfolio. by ahmed_fawzyUpdated 557
BTC - Price is fractalJust a small post about how to use fixed range volume profile to mark potential demand zones for a retest. It works on all timeframes, recently had these two great examples on H4 and m5. For fixed range vp, don't pay too much attention to VAL and VAH, instead focus on the high volume nodes, these should give better reactions.by TealstreetPublished 1