BTCUSD LONGTend is still up. Next swing from strong support line. I think, it can create some green candles in daily chart. But after few days, need to again check price action pattern. Longby LivePatternPublished 2
Bitcoin will reach 73800$Bitcoin must not close under demand zone and up-trend to reach 73800$. if it still above this zone and uptrend i think it will face resistance on 69490$ if its success to close above this resistance it may reach next one on 71960 $ after that we may see 73800 $ in the other side if it closed under 65042$ we may see bitcoin fall to 60000 $.Longby AhmedragabPublished 4
BTC/USDT.P Market AnalysisHey guys, happy Friday. The analysis today will be an interesting one as we close out the week. Although recent price action has been relatively bullish, we have only closed above the most recent swing high trend line. That means the buyer dominance isn't as strong or will need more liquidity to push through the next level (yellow circle). Until we have a break out of that level, I think we might see more swing actions especially on Fridays. We are currently getting a local rejection off the bearish OB that was created a few days ago when we initially reached this most recent swing high, depends on which direction it breaks, you might want to place your trades accordingly. I think we have hit a local high for now and I would be more bullish if we can have a daily candle close above the trend line zone, I would add to my longs then. Until that happens, I'm going to hedge in a short, take some profits on my previous long setups and speculate. **Fridays are usually volatile especially during NY sessions, trade safely** @Nate Alert by Nate36989Published 1
Support and Resistance Zone: 68393.48-69031.99 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The key is whether it can find support near 68393.48-69031.99 and rise above 71280.01. If not, and it falls, you should check whether it finds support near 65920.71-67414.39. - You should check if the StochRSI indicator is rising in the oversold zone and if the StochRSI EMA falls below 50 and changes to the state of StochRSI > StochRSI EMA. This is because you should check at what point support and resistance are received when the state of StochRSI > StochRSI EMA changes. That is, if it shows support around 68393.48-69031.99, it is because it is a time when additional purchases can be made. If it shows resistance around 68393.48-69031.99, there is a possibility of another decline. This is because if you refer to the previous movement of the StochRSI indicator, it can lead to a movement similar to a double decline. - Since it touched the BW (100) section (68393.48-69031.99), it is better to approach it from the perspective that it will basically fall. However, if it shows a price maintenance in this BW (100) section and the StochRSI indicator shows an upward movement in the oversold section, the possibility of additional increase increases. Therefore, you should check whether additional purchases can be made by checking whether there is support near 69031.99. - Volatility may occur depending on the location of the StochRSI indicator. - When the StochRSI indicator falls in the overbought section - When the StochRSI indicator is near the 50 point - When the StochRSI indicator rises in the oversold section Volatility may occur in the three areas above. Due to this volatility, you can know how the movement will proceed in the future by checking whether there is support at the support and resistance points drawn on the chart. ----------------------------------------------- I think the coin market is likely to continue its upward trend unless USDT gaps down. The gap down of USDC is likely to eventually cause the coin market to fall in the short term. Therefore, I think it is better to trade from a short-term perspective until USDC stops its downward trend. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that a full-scale upward trend will begin when it rises above 29K. The expected range to touch in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCryptoPublished 9
Stacking Longs on BTC/USD at Key Confluence Zone!I am looking for a long entry on BTC/USD at the confluence of a breaker block, a 4-hour imbalance, and the golden pocket zone (61.8% to 65% Fibonacci retracement). This setup offers strong technical confluence for a potential bounce. I have three stacked entries planned within this zone to build my position as price approaches key levels. For risk management, I’ll only risk 1-1.5% of my capital in total for this trade idea, ensuring a controlled exposure while maintaining a solid risk-to-reward ratio.Longby tristanmartinusdijkmanderojas1Published 2
$BTCUSDT going downBINANCE:BTCUSDT After the correction, the price remained under the resistance level and is now testing it. Probably the decline is not over yet, but for further organic growth, it is necessary to correct even lower to form a reversal pattern. Also, don't forget that there are a lot of stops placed at the top, which can be broken. But for now I am sticking to the bearish scenario.Shortby DirectorTradingaPublished 5
BTC USDTBTC USDT is on its way to ne ATH. Now after making a small retracement BTC looks like it can resume its uptrend. Also on 1 hr Price is making an inverse head and shoulder pattern which suggests that price can go higher. Longby TRADETITANWAQASPublished 445
Very strong hammer pattern, good signal for buy Hi everyone 👋, by looking the chart we can see a very strong 4 hour hammer 🔨 candle. Elliott waves also telling us that 'ABC' correction wave is over and we can have a good pump. Longby vmoradian6Published 4
Bitcoin long 69000-70000 todayJust recently entered a bitcoin long. I would have loved a better entry but got a bit of fomo as I think this could run very quickly to 69-70k. So I now risk getting stopped out early having to potentially re-enter and risking getting stopped again if trade doesn't play out. But if plays out might be able to get a 3-6RR from it. Am monitoring closely. My TP is not set at the moment but 69-70k are 2 potential take profit areas I will be monitoring.Longby FilnftPublished 114
Bitcoin price correction will begin soon...Fundumental - According to the latest news, Tesla company has transferred 12,000 of its bitcoins. It is not clear what they have decided, but it is clear that if these assets are sold, we will see a sharp drop in the price. On the other hand, the situation in the Middle East is extremely unstable and there is a possibility of a full-scale war at any moment, which will lead to the instability of financial markets, especially high-risk markets. Technical - There is strong and credible daily channel as you see in the chart. This channel was started in the daily time frame about 8 months ago and is still valid. Currently, BTC is moving near the resistance lines and the Potential Reversal Zone. In my oponion, Bitcoin price correction will begin soon. Everything clear in the chart. Enter: 68K - 69K TP1: 65K TP2: 60K TP3: 50500 SL: 71K ** Please follow your strategy and do your research before trading; this is just my Idea, and I will glad to see your ideas in this post. Shortby meh_shadUpdated 2213
BTC - Next Support...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉As per my last BTC analysis (attached on the chart), we know that BTC is currently in a short-term correction phase. The question is: till when/where? 📈From a medium-term perspective, BTC has been bullish trading within the rising channel in blue. Moreover, the orange zone is a strong demand. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the orange demand and lower blue trendline. 📚 As per my trading style: As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalystPublished 4422
BTC INTRADAY ANALYSISBTC/USDT Technical Analysis Intraday Date: 10/24/2024 Author: Crypto Rado ( Rhino Aka Bear ) Timeframe: 1H & 15M 🔹 Overview:🔹 After completing the fifth wave in the Elliott Wave count, Bitcoin made a significant breakout of the green trendline. This move was followed by a bounce, confirmed with a bullish divergence on the 1H timeframe. The price reached the 0.5 Fibonacci retracement level, where a bearish divergence formed on the 15M chart, leading to a rejection. Typically, after such a move, we expect a retest of the broken trendline or a support/resistance flip, where the previous resistance should now turn into support. This area aligns with the 0.61 Fibonacci retracement level from this recent pump, making it a key confluence zone for a potential entry. 🔹 The entry zone 🔹 is set between $66,250 and $66,000, with a stop-loss positioned at the previous low. If this setup holds, it could form a hidden bullish divergence, signaling continuation upward. 🔹The target price 🔹is set between $67,900 and $68,260, providing a solid profit zone for this trade. Given that the risk-to-reward ratio is moderate, I’ll be reducing my risk to generate quick gains and fund future trades with less exposure. Disclaimer: ⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital. by RhinoAkaBearPublished 5
Bitcoin 72k when?If this support holds , we might soon see btc at 72k levels . If not our short is still open till 63k.Longby CrocoCryptoPublished 3
BTC View for next month Price made a Bullish Hammer on 4H after the recent fall suggesting a strong support and Trend Reversal on LTF , Performing SPX US elections Will be the supporting Macros for BTC bullish rally Longby ishashankmishraPublished 112
BTCUSDT - 10/23/2024 - Entry Zone in 4 hours on oversold (RSI)BTC making a correction after reaching the top of the channel on the daily timeframe. Next entry zone in the 4h region at an oversold level on the RSI along with important price support or possible base of the bearish channel. Longby t8tadeulopessPublished 5
My Chart is Better Than YoursI don’t like posting on trading view anymore since it is infested with illiterates sharing their charts. Look at the break out. Look how previous resistance has turned into support and then go teach your uneducated crypto gurus about break outs and breakdowns. The chart speaks for Itself.Longby Se7enSkiesPublished 5
Bitcoin scalp long 67950Just entered bitcoin scalp long. Target is $67950 Anticipating a quick push soon. Market is showing signs that it wants to continue to the upside. Just looking to catch a small piece here in the night. Later on in new york I think we'll get main pump....or dump 2RR tradeLongby FilnftPublished 4
Bitcoin Surge Continues! TP 3 Hit, Eyeing TP 4 Next!BITCOIN (BTCUSDT) 4H time frame Technical Analysis: Bitcoin (BTCUSDT) on the 4-hour timeframe shows a solid long trade with momentum intact. Price action has followed the upward curve supported by the Risological dotted trendline, providing a strong bullish foundation for the current rally. Key Levels: Entry: 61,732.3 Stop Loss (SL): 60,316.2 Target 1 (TP1): 63,482.7 ✅ (Hit!) Target 2 (TP2): 66,315.0 ✅ (Hit!) Target 3 (TP3): 69,147.4 ✅ (Hit!) Target 4 (TP4): 70,897.7 Observations : Bitcoin has already smashed through TP3, riding the wave of bullish momentum. The Risological dotted trendline is acting as strong support, indicating that TP4 is highly within reach. With TP3 completed, Bitcoin continues its bullish momentum. Keep an eye on the final resistance at TP4, as the price is showing no signs of slowing down!Longby ProfitsNinjaPublished 111
BTCUSD TF D 231024wait till price come into the zone and break out with big green/red candles entry (TF 2h,4h) SL at previous low/high TP at Fibonacci Longby JAYFREYPublished 1
Bitcoin Whale Record for 3 years: what will it lead to?The number of Bitcoin whales - large holders holding more than 1,000 BTC — has peaked since January 2021. The number of such whales has reached 1,678, which indicates an increase in the savings of large investors. This may signal an upcoming rise in bitcoin prices, especially against the background of increased demand for exchange-traded funds (ETFs) in the United States. However, the activity of retail investors, on the contrary, slowed down. Their savings have increased by only 1,000 bitcoins in the last 30 days. Against this background, bitcoin is trading around the $67,000 mark, approaching new records.Longby RocketTemaPublished 2
BTC LONG TP:68700 2HR 22-10-2024This technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck! 📈💼🚀Longby ReyDragon21Updated 5
Bitcoin will break support level and continue to fall to 61800Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some days reached the support level, which coincided with the buyer zone, but at once rebounded and declined a little below. After this movement, the price started to grow inside an upward channel, where it soon reached the 59000 level and broke it. Next, the price made a correction to the buyer zone and then continued to move up to the channel's resistance line, which coincided with the current support level and then turned around. BTC corrected the 59000 level, after which it rebounded and in a short time rose back to the 66300 level and some time traded near. Soon, the price broke this level and rose almost to the channel's resistance line, but recently it turned around and dropped to the support level, which continues to trade very close. In my opinion, the price can make a small move up and then continue to decline to support line of the upward channel, breaking the support level. That's why I set my TP at 61800 points. Please share this idea with your friends and click Boost 🚀Shortby LegionQ8Published 3332
The beginning of trading begins with waitingHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) There are indicators that are paired with indicators that show support and resistance points. The HA-Low and HA-High indicators and the BW (0) and BW (100) indicators are paired. - HA-Low, BW (0) indicators show the low range, - HA-HIgh, BW 100) indicators show the high range. Therefore, if it touches HA-HIgh or BW (100) and starts to decline, it is likely to touch HA-Low or BW (0), and you should think about a countermeasure. If it encounters resistance at the HA-High indicator (67414.39) on the current 1D chart and starts to decline, it is likely to touch the HA-Low indicator (currently 56204.13) on the 1D chart. However, you should be aware that the HA-Low indicator may move and be created as the price falls. Since the BW (50) indicator exists between the BW (100) indicator and the BW (0) indicator, it cannot be said that a decline in the BW (100) indicator will necessarily touch BW (0). Accordingly, the BW (50) indicator can replace the role of the BW (0) indicator. The above explanation is the information required when utilizing the indicators on this chart. - The 65920.71-67414.39 section is a section composed of HA-HIgh indicators. Therefore, the key is whether it can receive support and rise in this section. If not, and it falls below 65602.01, there is a possibility that it will fall to around 61099.25. However, since the M-Signal indicator on the 1W chart is passing around 62791.03, it is highly likely that it will touch around 62791.03 and rise, and you should consider a response plan. - Since the M-Signal indicator on the 1D chart is passing around 65920.71, it can be interpreted that it is currently shaking. However, if it fails to rise above 67414.39, it is expected to eventually fall below 65602.01, so caution is required when trading. - We need to check whether the StochRSI indicator will enter the oversold zone with this decline. If the STochRSI indicator has entered the oversold zone, there is a high possibility that the downward force will be strong, so it may lead to an additional decline. Therefore, whether there is support around 65602.01-65920.71 is significant. - Based on the above, we can see that it is not the time to conduct a new transaction. Therefore, in order to conduct a new transaction, we need to check whether the StochRSI indicator turns upward when it shows support around 65602.01-65920.71. If not, and it falls, it can be seen that it is time to start trading when the HA-Low indicator or BW (0) indicator is newly created or when it is confirmed to be supported around 61099.25-62791.03. - If you create a trading strategy and start trading and the movement is in the opposite direction, then you should check the movement of the support and resistance points or indicators. (SOLUSDT.P 1D chart) That is, let's assume that you started trading by selling (SHORT) when the arrow indicating the appearance of the BW (100) indicator was created and the BW (100) line was created when it showed a downward trend, as in the SOL chart. However, as the price rose, the BW (100) line disappeared and rose to around 171.63. We should also think about countermeasures for this movement and start trading. Even if you didn't think about it, you can see that the STochRSI indicator has entered the overbought zone, so it will eventually fall over time. Therefore, you just need to decide whether to proceed with additional selling (SHORT) in the current rise or wait. Since it is a futures transaction, the forced liquidation point is close, so you should consider this first and think about a response plan. Since the StochRSI indicator touches the highest point (100), it cannot be said that the decline will begin immediately, so it is better to check the movement a little more. Fortunately, the BW (100) line of the 1M chart currently exists at the 171.63 point, so it is expected that you can create a response strategy by checking whether there is support near 171.63. ------------------------------------------------- You should continue trading even if the transaction fails. Otherwise, you will lose your trading sense and it may not be easy to start trading again. However, you should not start trading at any time. You need to be able to wait for the right time to start trading, and when it's time to start trading, you need to start trading boldly. (BTCUSDT.P 1D chart) I started trading with the previous indicator chart, so it's a bit low entry price, but I'm maintaining a sell (SHORT) position at 68293.8. Unlike the BTCUSDT chart, the BTCUSDT.P chart has a volume profile section formed at 66750.0. Therefore, it is expected that it will be important whether it receives support or resistance around 66750.0-67392.1. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that the real uptrend will start when it rises above 29K. The next expected range to touch is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points that are likely to receive resistance in the future. We need to check if these points can be broken upward. We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCryptoPublished 8