BTCThis is my opinion with technical analysis
Please respect the following rules:
1- Risk management .
2. Have your own strategy
USTBTC trade ideas
Btc btc short btc long trump harris usa Hello guys, today I gave you the general analysis of Bitcoin and a possible scenario that if Trump does not become the president of the United States, it is very likely to happen, so pay attention to the numbers in the chart, which shows a short-term downward scenario to order block and a big rise. And also the formation of a reverse shoulder serving pattern, by the way, the condition of this happening is the failure of the support of 50,000 Tether. Good luck, don't forget to like and comment...
BTC - short position? Oh wow... that really at current moment does not look good for me. I belive we will see sharp drop and ALTS will bleed more. This liq. grab could potentialy move Solana to 120-130$ maybe even lower. DOT under 3$. Watch out! Regards.
Market overviewWHAT HAPPENED?
Last week, growth continued and the ATH for bitcoin was almost reached. At the breakdown of the important $72,000 level, a large number of liquidations and volume anomalies appeared, which stopped the price and provoked a correction. We warned about it on Wednesday in our blog on TradingView.
As a result, the market followed a lower priority scenario and absorbed all of last week's growth.
WHAT WILL HAPPEN: OR NOT?
At the moment, we've bounced off the upper limit of the volume zone of $67,500-$66,800 (the maximum volume of the sideways), but we haven't yet observed a signal for a full-fledged reversal. Resistance zones are formed above, from which we're likely to receive another wave of sells.
A deeper filling of the support zone is expected this week. In the absence of a reaction, the decline will continue.
According to the concept of wave analysis, we are still in an uptrend, but the volume zones above call into question the scenario with a rapid recovery, so we are postponing the opening of long positions for the time being.
Buy zones: $67,500-$66,800 (maximum volume of the range), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
Sell zones: $70,000-$71,300 (volume zone), $72,000-$73,000 (zone of volume anomalies).
IMPORTANT DATES
The week promises to be interesting, several important events are ahead — the US presidential election and the publication of the decision on the interest rate of the US Federal Reserve. Increased volatility is possible ❗️
Macroeconomic developments this week:
Tuesday, November 5, 10:00 (UTC) — US presidential election;
Tuesday, November 5, 14:45 (UTC) — publication of the index of business activity in the US services sector for October;
Tuesday, November 5, 15:00 (UTC) — publication of the ISM Purchasing Managers Index for the non-manufacturing sector of the USA for October;
Thursday, November 7, 12:00 (UTC) — publication of the decision on the UK interest rate;
Thursday, November 7, 13:30 (UTC) — publication of the number of initial applications for US unemployment benefits;
Thursday, November 7, 18:00 (UTC) — publication of the US Federal Reserve interest rate decision;
Thursday, November 7, 19:00 (UTC) — publication of the FOMC statement;
Thursday, November 7, 19:30 (UTC) — FOMC press conference.
*This post is not a financial recommendation. Make decisions based on your own experience.
it could go on forever (in which case i'm doomed)this is a case for more sideeways well into 2025. this pennant ends in april 2025! scary stuff for hodlers and swing traders alike. only the best day traders who can somehow beat the bots (meaning no one on here) will survive.
what do you make of this?
and bonus points if you can tell me the subject reference without googling...
Highly Accurate "BUY" Signal with MACD
The "Conject28 3in1 Trend Indicator" I developed generates highly accurate BUY signals when combined with the MACD indicator.
BTC failed retest.So my next Long target can bee seen on the chart.
They are:
1) FVG Intersection of 1D - 12H - 8H - 4H
2) FVG Intersection of 8H - 4H
2nd long zone is more valid and less risky to enter long.
Weekly chart showing the largest upper wick in 10 months!Weekly chart showing the largest upper wick in 10 months! #Trading #Stocks #MarketTrends #TechnicalAnalysis #Investing
BTCUSDT BREAKOUT ON SUPPORTBitcoin has broken through the hourly support around $69,060, and we are currently observing a pullback. This pullback is expected to fill the gap left by the recent drop and retest the highs near the highlighted resistance zone. From there, we anticipate a continuation of the sell-off, pushing the price down toward the lower support level at $67,626.
11/03 Another Weekly BTC scenario11/03 Another Weekly BTC scenario
Potential scenario for BTC reversal.
Update on the Moon Strategybitcoin CRYPTO:BTCUSD INDEX:BTCUSD CME:BTC1!
daily chart: buying above the high of prior days bar on new or full moon and holding till next new new moon is somehow still a profitable strategy.
on the 15 min chart the time base entry on 2 am UTC+1 time (long on any day execpt tuesday / wednesday) and exit on 10 pm is also still profitable.
other cycle entry methods like market cipher where you need to know on which specific RSI level you need to enter work only for a short period of time
Infinity algo on Heikin Ashi Charts looks like your always winning but in range bound market phases stop outs eat all the profits.
conclusion: implement the timing element in any trading strategy its a proofen fact hat time patterns repeat and will enhance you price pattern precision.
BTCUSDT Trade without FOMOI follow my rules. I avoid the hyped. I respect TA.
If I missed the boat, I will take the plane :)
Bitcoin Bitcoin in exciting situation . Regardless bitcoin future price expectations and the dream to become 80k per coin .. there is fact that the level of 65800 is very important . I expect that down trend will continue to 65800 then 59,335 levels and the bear will lead . Target to buy cheaper in analysis .
BTC MULTI CONFLUENCE AREA WITH LIQUIDITY SWEEPWe have had a beautiful run and we should not doubt its strength. With a clear shift in market structure we should be looking for longs. Obviously there are some "too easy" areas above what I here identify but thats why I am only scalping those areas. My main focus would be this area which I have highlighted. It contains many special levels that I believe will note the last bottom for Bitcoin and probably most alts before its ascent into the final and largest leg of the bull run.
I will be looking for bullish divergences across 4 hr, 1 hr , 30 min time frames to confirm this massive trade.
BTCUSDT
1. General Trend
• The general trend on this 4-hour BTC/USDT chart appears bullish. The price has been making higher highs and higher lows, indicating strong upward momentum.
• The recent pullback may be a minor retracement, as the price is still above the major EMA lines, showing that buyers are still in control of the market.
2. Indicator Analysis
• EMAs (10, 50, and 200): The price is currently above all three EMAs. The EMA 10 (short-term trend) is above the EMA 50, and both are above the EMA 200, which generally signals a strong uptrend. This alignment is considered a “bullish EMA stack” and is a positive sign for buyers.
• SQZMOM (Squeeze Momentum Indicator): The SQZMOM indicator shows green bars, which confirms the bullish momentum. However, recent green bars are lighter, indicating a potential decrease in momentum. Traders should be cautious, as this could signal either a consolidation phase or a potential reversal.
3. Chart Pattern
• There seems to be an upward channel forming, where the price is following an ascending support line and testing resistance on the upper side.
• A potential breakout above the recent highs could lead to a continuation of the bullish trend.
4. Candlestick Pattern
• The latest candlestick shows some bearish pressure at the peak, suggesting that sellers are pushing back. This candlestick could signify a minor pullback, but unless further bearish patterns appear, it may not indicate a full reversal.
• Look for a bullish engulfing pattern or another strong bullish candlestick to confirm the continuation of the uptrend.
5. Fundamental Data and Impact
• Recent Market Fundamentals: Bitcoin prices are often influenced by news around interest rate decisions, economic data, regulatory developments, and adoption trends.
• Latest News Impact: According to recent market updates, factors like anticipated Bitcoin ETF approvals, central bank monetary policy, and institutional interest in Bitcoin have contributed to a bullish sentiment in the market. As always, keeping an eye on current economic data and crypto-related regulatory news is crucial, as any unexpected changes could affect Bitcoin’s price trajectory.
6. Future Market Prediction and Potential Trade Setup
Prediction:
• Bullish Scenario: If BTC/USDT can maintain support above the 50 EMA, we may see a continuation toward previous highs near 71,000 and potentially higher. A breakout above this level could open up targets near 73,000 or 75,000.
• Bearish Scenario: If BTC falls below the 50 EMA, a reversal may be underway, with the next support level near the 200 EMA or around 66,000.
Trade Setup:
Entry:
• Consider entering a long (buy) position if the price bounces off the EMA 50 or shows a bullish pattern near 69,500 to 69,700. Alternatively, enter on a confirmed breakout above the recent high (around 71,000) with strong volume.
Stop-Loss (SL):
• Place the stop-loss around 67,500, slightly below the EMA 50, to protect against a sudden downward move.
Take-Profit (TP):
1. TP1: Around 71,000 (previous high).
2. TP2: Around 73,000 (next resistance zone).
3. TP3: Around 75,000 (if bullish momentum is strong).
Risk Management:
Ensure risk-to-reward is at least 1:2 or 1:3 for optimal trade setup. Monitor closely for any bearish reversal patterns or changes in fundamental news, which could impact the trade.
Summary
In summary, the current BTC/USDT trend remains bullish, supported by technical indicators and EMA alignment. Entry near support or a breakout confirmation could provide good trade opportunities, with a cautious stop-loss and structured take-profit targets. As always, stay updated with fundamental news for any major shifts in sentiment.
BTC Chart on 30 MIN TimeframeKey Observations and Pattern Analysis
Trend Identification:
The chart shows a downtrend with a series of red candles before hitting a swing low, indicating potential exhaustion of selling momentum.
Following the swing low, there is a notable green candle bounce, suggesting a possible reversal or corrective upward move.
Indicators Used:
Moving Averages: Two moving averages are visible, likely a shorter and a longer period, providing a smooth trend-following component. Price breaking above the shorter moving average can signal a short-term bullish trend.
Parabolic SAR (dot indicators): These dots help confirm the trend direction. A flip below the price action after the swing low suggests the beginning of an upward trend.
Bollinger Bands (or similar bands): These envelop the price movement, showing volatility expansion during the downtrend and potential contraction as prices start to stabilize.
Support and Resistance Levels:
Demand and Supply Zones: Identified in green (demand) and red (supply) zones, suggesting areas where buying or selling pressure is expected to be strong.
Entry and Take Profit (TP) Levels: The chart shows an entry around 69972.08, with potential take profit levels at 70700.63 (TP1), 71429.18 (TP2), 72157.73 (TP3), and 72886.28 (TP4), providing potential targets for an upward move.
Swing High and Swing Low:
The marked swing high and low points help define the range of the current price action. Breaking above the swing high could confirm a trend reversal, whereas a fall below the swing low might indicate continuation of the downtrend.
Trading Signal
Current Signal: BUY
Entry: The recommended entry is around 69972.08, following the upward momentum from the swing low.
Stop Loss (SL): Positioned at 69243.54 to manage risk, below the recent low to allow some volatility but cut losses if the price reverses significantly.
Take Profit Targets: Gradual targets (TP1 to TP4) allow staged profit-taking as the price moves upward, aligning with resistance levels.
Performance Metrics and Signal Strength
Accuracy: Shown as 77.8%, indicating that the current setup and indicators used have historically produced favorable outcomes for this type of setup.
Profit & Loss (P&L): Estimated P&L values provide insight into the potential reward based on the target levels, useful for gauging risk-to-reward ratio.
Additional Considerations
Market Conditions: The dashboard shows a bullish trend with strong momentum indicators (e.g., RSI at 78.44), suggesting favorable conditions for a potential upward move.
Risk Management: The absolute stop-loss setting limits losses, while staggered take profit levels manage gains conservatively, accommodating price fluctuations.
BTC AI Thesis - TodayInvestment Thesis
As a trader specializing in intraday scalping strategies, the current market conditions for Bitcoin (BTC) present a mixed outlook. The analysis is executed every 25 minutes, allowing for dynamic adjustments to optimize profits and minimize losses. With a time thesis of 4 hours, the focus is on capitalizing on short-term price movements.
Data Analysis
Open Interest: Increasing, indicating heightened market activity.
Weighted Funding Rate: Remains positive, suggesting a bullish sentiment among traders.
Liquidation Levels: Higher occurrence of short liquidations, reinforcing the bullish bias.
Analysis: The rising open interest and positive funding rate support a bullish sentiment in the market. The higher number of short liquidations indicates that bearish positions are being liquidated, which can propel the price upward. However, continuous monitoring is essential to detect any sudden shifts in market sentiment.
CoinMarketCap Data
Current Price: $70,731.8400
Market Capitalization: Approximately $1.3 trillion.
Circulating Supply: 19 million BTC.
24-Hour Trading Volume: $157,865,192, reflecting active market participation.
Liquidity Score: High, supporting ease of entry and exit in trades.
Market Cap Fluctuations: Continues to grow, reflecting strong investor interest.
Analysis: The substantial trading volume and high liquidity score indicate strong market interest in BTC, supporting the scalability of intraday scalping strategies. The growing market cap reflects increasing investor confidence and sustained demand for BTC.
Sentiment Analysis
Sentiment Score: 75%, indicating a prevailing bullish sentiment in the crypto market.
Top Crypto Sentiments: "Bullish" and "Buy," aligning with the current market conditions.
Implications: The strong bullish sentiment suggests potential for upward price movements, supporting the decision to hold long positions. However, traders should remain vigilant for any shifts in sentiment that could impact market dynamics.
Recent News Highlights:
Lack of Significant Negative Developments: Recent news does not present major threats to BTC's price.
Social Media Sentiment: Remains positive, further supporting a bullish stance.
Analysis: The absence of negative developments and the continuation of positive social media sentiment create a supportive environment for BTC trading. This stability allows for the continuation of current trading strategies without the need for abrupt adjustments.
Binance Data
Volatility Index: Moderate, suggesting manageable risk levels for scalping.
Order Book Dynamics: Strong buy walls indicate potential support levels.
Price Action Signals: Bullish candlestick patterns reinforce upward momentum.
Analysis: The moderate volatility and strong buy walls provide a conducive environment for scalping. Bullish candlestick patterns indicate potential for short-term price increases, aligning with the overall bullish sentiment.
Technical Analysis (Enhanced)
Relative Strength Index (RSI)
1-Day (1d) Chart: 55.8200, indicating a neutral stance but approaching overbought conditions.
4-Hour (4h) Chart: 60.0000, nearing oversold levels.
1-Hour (1h) Chart: 53.5900, suggesting a neutral position.
15-Minute (15m) Chart: 49.7300, indicating potential oversold conditions.
Interpretation: While the daily RSI indicates a neutral stance, the 4-hour RSI nearing oversold levels and the 15-minute RSI suggest opportunities for short-term rebounds.
MACD (Moving Average Convergence Divergence)
Status: Currently bullish crossover on the 15-minute timeframe.
Interpretation: The bullish crossover on the 15-minute chart offers potential entry points for long positions, despite a generally cautious outlook from longer timeframes.
Bollinger Bands
Current Position: Price is breaking above the upper band at $72,000, suggesting strong upward momentum.
Implications: A breakout above the upper Bollinger Band indicates sustained bullish momentum, presenting opportunities for further price appreciation.
Moving Averages
MA20: $70,500
MA50: $69,000
Price Position: Currently above both MA20 and MA50, suggesting a continuation of the bullish trend.
Stochastic Oscillator
Status: Entering the overbought region, indicating potential bullish momentum.
Interpretation: The Stochastic Oscillator's movement into the overbought region supports the possibility of a short-term price increase, aligning with bullish momentum.
Average True Range (ATR)
Status: Rising, indicating increasing volatility.
Implications: Higher volatility presents both opportunities and risks for scalping strategies. Traders should adjust stop-loss and take-profit levels accordingly to manage potential sudden price movements.
Summary of Technical Indicators
RSI: Neutral on the daily chart, nearing oversold on the 4-hour chart, and neutral on the 1-hour chart.
MACD: Bullish crossover on the 15-minute chart.
Moving Averages: Price above MA20 and MA50 supports the bullish trend.
Bollinger Bands: Price breaking above the upper band suggests strong upward momentum.
Stochastic Oscillator: Entering overbought region indicates potential bullish momentum.
Volatility Analysis
Average True Range (ATR): Rising, indicating increasing volatility.
Implications: Higher volatility is favorable for scalping, providing more significant price movements that can be capitalized on. However, it also increases the risk of rapid losses, necessitating strict risk management strategies.
Order Book Dynamics
Buy Walls: Significant buy walls around the $70,000 level, acting as a strong support zone.
Sell Walls: Sell walls near $72,000 may cap upward movements.
Analysis: Strong buy walls provide a safety net against significant price drops, while sell walls can limit upward price movements. Traders should monitor changes in order book depth to anticipate potential shifts in market sentiment.
Price Action Signals
Candlestick Patterns: Recent patterns indicate bullish reversal signals, particularly on the 1-hour chart.
Breakouts/Reversals: Watch for breakouts above resistance at $72,000 or reversals at support levels to guide entry points.
Momentum Indicators
Stochastic Oscillator: Entering overbought region on the 15-minute chart, suggesting a potential reversal if confirmed by other indicators.
Momentum Indicators: Indicate a slight uptick, supporting the possibility of a short-term bullish move.
Market Sentiment
Real-time sentiment analysis indicates a cautious optimism, with traders anticipating potential bullish movements.
Trade Recommendation
Outcome: OPEN_LONG
Confidence Level: 85%
Current Price: $70,731.8400
Stop Loss: $69,500
Take Profit: $72,000
Exit Point: $71,500
Entry Signal Criteria
Timeframe: 5-minute
RSI: Above 60
MACD: Bullish crossover
ATR: Rising, indicating increasing volatility
Bollinger Bands: Price breaking above the upper band
Stochastic Oscillator: Entering overbought region
Action Plan
Monitor the Price Closely:
Breakout Strategy:
If Price Holds Above $72,000:
Action: Consider maintaining or adding to the long position.
Adjust Stop Loss: Tighten the STOP_LOSS to $71,500 as the price approaches resistance levels to minimize potential losses.
Take Profit Strategy:
As Price Approaches $72,000:
Action: Consider taking profits.
Adjust Exit Point: Move the EXIT_POINT to $71,500 to secure profits.
Risk Management:
Set Stop Loss at $69,500 to limit potential losses.
Take Profit at $72,000 to capitalize on expected price movement.
Exit Point at $71,500 as an intermediate target.
Be Prepared to Act:
If RSI Falls Below 50:
Action: Indicate a potential reversal; consider taking profits or adjusting positions accordingly.
Monitor Market Sentiment:
Stay informed about any changes in market sentiment or technical signals that could impact the trade outcome.
Important Considerations
Only recommend OPEN_LONG when enhanced indicators align to signal a strong entry point.
Avoid entries during high-risk periods.
Continuously monitor for sudden changes and adjust the strategy to prevent losses due to unexpected price movements.
Assumptions/Limitations
This analysis is based on current market conditions and available data. Rapid market changes may affect the accuracy of predictions. Always consider personal risk tolerance and market volatility when trading.
¡¡Updates!!: x.com
BTC Bitcoin reversal long entryBTC Bitcoin reversal long entry. We have a nice confluence of golden pocket, FVG, weekly level, and 200 ema at $68,500 for a nice entry on this bounce. 2:1 risk reward gets us to the pivot point but it is a Friday so not sure how much volume we'll get. Good place to DCA as well if you're anticipating breaking ATH in the coming days.
