Bearish/BullishBearish: The descending trend line indicates a resistance level that has not yet been broken. Bullish: The price is approaching the resistance level with strong green candlesticks, indicating buying pressure. #BTC #Bitcoinby policycoinPublished 110
BTC! To be or not to be ?In this chart if you look closely you will see just a pump with no fundamental rationale! I have done my research and if my birdies are right Black Rock has gotten the SEC clearance for the BTC Fund but they have not started the drive. Just a thinking point for you. Blackrock is the biggest asset manager out there in the known universe. So do you think Larry Fink will buy BTC at these prices? He will drive it down and accumulate. You all have brains you do the maths and determine the median!! I have given you my viewpoint! Educationby ccpudaismPublished 3
Will BTCUSDT fall?Hello everyone, last time I've posted is last November, so here we are again: Current movements suggest that BTC will start the downtrend soon, but we'll see about that. Shortby QJEEEPublished 4
BTCUSDT - SHORT [Daily Signal] [UPDATE]I do not know what else I need to say - the numbers does not lie. Still waiting, still increasing position volume. Welcome to The Big Short. Stay tuned.Shortby markcryptexPublished 228
BTC 100kBTC recently broke through resistance, and from the RSI perspective, the oversold signal has dissipated, with BTC recovering from the recent dip back to the moving average RSI. The fourth wave correction appears fully absorbed by the market, positioning BTC for the fifth wave. The conservative target price is set at $100k, aligning with the 1.618 Fibonacci level.Longby AZ_CapPublished 4
Open Interest ExplainedOpen interest (OI) is a critical concept in the world of trading, particularly in the futures and options markets. It represents the total number of outstanding contracts that have not been settled or closed. Understanding open interest can provide valuable insights into market sentiment, liquidity, and potential price movements. In this article, we will explore what open interest is, how it affects trading, and what traders should consider when analyzing it. What is Open Interest? Open interest is defined as the total number of outstanding derivative contracts—such as futures and options—that have not yet been settled. Each time a new contract is created (when a buyer and seller enter into a new agreement), the open interest increases. Conversely, when a contract is settled or closed, the open interest decreases. For example, if a trader buys a futures contract, open interest increases by one. If another trader sells the same contract to close their position, open interest decreases by one. Why is Open Interest Important? Open interest provides insights into market activity and can indicate the strength of a price trend. Here are some key reasons why open interest is important for traders: Market Sentiment: Open interest can help traders gauge market sentiment. Rising open interest, especially alongside rising prices, suggests that new money is entering the market and that the bullish trend may continue. Conversely, increasing open interest with falling prices may indicate that bearish sentiment is growing. Liquidity Indicator: Higher open interest generally indicates greater market liquidity. This means that traders can enter and exit positions more easily, which is especially important for large institutional traders who need to manage large orders without significantly impacting the market price. Potential Price Movements: Analyzing open interest trends can help traders predict potential price movements. For instance: - Increasing Open Interest + Rising Prices: This combination suggests that new bullish positions are being established, indicating a potential continuation of the uptrend. -Increasing Open Interest + Falling Prices: This scenario may indicate that new bearish positions are being taken, suggesting a potential continuation of the downtrend. -Decreasing Open Interest: A decline in open interest, particularly in conjunction with rising prices, may suggest that traders are closing their positions, which can signal a weakening trend. How to Analyze Open Interest When analyzing open interest, traders should consider several factors: [ b]Contextual Analysis: Always consider open interest in conjunction with price movements. Relying solely on OI without considering price action can lead to misleading interpretations. Volume Comparison: Compare open interest with trading volume. High volume alongside increasing open interest is generally a positive sign for a trend, while high volume with decreasing open interest may signal trend exhaustion. Market Events: Be aware of upcoming economic reports, earnings announcements, or other events that may impact market sentiment and influence open interest. Different Markets: Open interest can behave differently across various asset classes. For example, in commodity markets, high open interest might reflect hedging activity, while in equity options, it could indicate speculative interest. Open interest is a valuable tool for traders to assess market sentiment, liquidity, and potential price movements. By analyzing it alongside price action and volume, traders can gain deeper insights into market trends and make more informed trading decisions. However, like any trading indicator, it works best when combined with other forms of analysis for a well-rounded strategy.Educationby HexaTradesPublished 4
Configuring channeling between indicators Configuring channeling between indicators (StochRSI, BW reference) 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) From September 22 to 28, the StochRSI indicator was maintained at the highest point (100). Since October 16, the StochRSI indicator has risen above 99. Accordingly, there may be additional increases. At this time, the point of observation is whether it can rise to the vicinity of 71280.01-72078.1. It is expected that the StochRSI indicator will have to rise above 68955.88 to touch the highest point (100). I think that the longer the StochRSI indicator stays in the overbought zone, the stronger the downward pressure becomes. Therefore, this pressure is likely to appear as a sharp change in the StochRSI indicator. The StochRSI indicator cannot tell the fluctuation range. Therefore, we can only make predictions by referring to the important support and resistance points drawn on the 1M, 1W, and 1D charts. - In order for BTC to continue its full-scale upward trend, the price must be maintained above the HA-HIgh indicator. Accordingly, from the current perspective, the price must be maintained above 61099.25-65920.71. - (1M chart) It seems that the change started on the 1M chart. Accordingly, we need to look at the section where a new candle is created. From the current perspective, the BW (100) line is created at 68955.88, 71280.01, and 72078.1. Therefore, these points may correspond to resistance sections. Breaking through this point upward means renewing the high section, which increases the possibility of creating a new wave. - New indicators called OBV Up and OBV Down have been added. These indicators also display the high and low sections. It is expected to be useful when creating detailed trading strategies and response strategies. - The HA-Low, HA-High, BW (0), and BW (100) indicators display the low and high sections, respectively. Therefore, the basic trading method is to buy at the HA-Low, BW (0) point and sell at the HA-High, BW (100) point. Therefore, the HA-Low ~ HA-High, BW (0) ~ BW (100) section can be considered as the box section. A trend can be considered to be formed only when this section is exceeded. The box section consisting of the HA-Low ~ HA-High, BW (0) ~ BW (100) section can be considered as channeling in a broad sense. - (Renko 1D chart) If the price is maintained above 68K, it is highly likely to create a new wave. This makes it more likely to break out of the downward sideways movement. If it falls below 68K, it is necessary to check whether it is supported around 58K-62K. ---------------------------------------------------- (BTCUSDT.P 1D chart) The key to futures trading is forced liquidation. Therefore, I think how to close the transaction before being forced liquidated is an important issue. In order to make a big profit, you need to set the leverage or investment ratio high. However, you need to make a careful decision because the forced liquidation point is getting closer. - If you traded as a sell (SHORT) at the 69001.8 point, and the price rises, and the forced liquidation point is formed above the 72153.8 point, I think you can maintain the sell (SHORT) position. The reason is that the StochRSI indicator has entered the overbought zone and is close to the highest point (100). In this situation, I think the term used is rising short (increasing the proportion of SHORT positions when the price rises). The opposite is falling long (increasing the proportion of LONG positions when the price falls). You need to respond according to your forced liquidation point. If possible, in futures trading, it is good for your mental health to start trading with one buy (LONG) and sell (SHORT) and cut your loss when the opposite movement occurs. - Currently, the M-Signal of the 1D chart > M-Signal of the 1W chart > M-Signal of the 1M chart, that is, a regular array. In this case, it is better to trade with a buy (LONG) position. However, when the StochRSI indicator is in the overbought zone as it is now, it is not the time to start trading with a buy (LONG) position. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCryptoPublished 6
Continue to be optimistic! Bitcoin will return to 70K in OctoberContinue to be optimistic! Bitcoin will return to 70K in October! After the price correction, it hit the resistance zone of $66,000 to the $60,000 support area Now the corrective trend line has been broken and there is a possibility of short-term price uptrend The uptrend wave continues until the support 60k is broken Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin (4h) Traders can open their Buy Trades NOW Buy now or Buy on 62200.00 SL@59000.00 TP1@65000.00 TP2@68000.00 TP3@70200.00Longby TheDream-ChaserUpdated 2254
Is Bitcoin About to Run Again?Bitcoin Guard has taken a strong rise and it is natural that we were in a strong bull run that led to the breaking of the previous ceiling of Bitcoin and we have spent the last year in a boring but predictable suffering. I said in previous analyzes that Bitcoin will have monthly green and red candles back to back, but I expected these candles to be 4, not 8, and the fall to 49 and breaking the floor of 50 made me doubt, but we will see again that it has reached 140 in the growth scenario. We have strengthened our guard, it can be said that our traders' doubts can cause the growth of bit, and that drop has caused them to sell their bitcoins, and there is no longer a serious seller for bit, and we have the open run ahead of us. Of course, this is important in my mind, but this price failure and stabilization must happen in 70. And now is too early to buy.by ARCHI_TRADESPublished 113
Short trade 15min TF Sellside trade Pair BTCUSDT Sun 20th Oct 24 2.47 pm NY Session PM Entry 68620.0 Profit level 68444.2 (0.26%) Stop level 68637.8 (0.03%) RR 9.88 Reason - Pivitol price range - sellside domination observed at this time. Entry 1min TF Shortby davidjulien369Updated 1
BTC NEXTHello traider. I believe the price will experience a slight increase in the short term, potentially reaching approximately 69.5k, in order to acquire some liquidity. Subsequently, it is likely to undergo a pullback and test the uptrend within the range of 64.5k to 65.5k. During the following week, there could be another attempt to surpass the 70k mark. If successful, we may witness a consolidation phase between 70k and 74k before achieving a new all-time high. Cheers ✌️ Longby VirtuouzPublished 224
King BTC4HBit is expected to decrease from 68,600 and 69,500 to 66,400 and then to 64,400. If it is reduced to 64400. It should be investigated to continue decreasing or increasing the price towards the new peak at 64400by kingbtc3Published 4
BTC BREAKOUTBTC has broken out and is ready to explode ahead of upcoming elections, alt coins will follow.Longby DoubleKillNilPublished 2
POV ! BTC View !hi dears. Its time to get stop of thinking ath in october and time to save your profits maybe in this munth we coundent reach new ATH (ALL TIME HIGH) but it will happen soon as you know thatShortby TradeWithMkyPublished 3
Top 11 Popular and Effective Crypto Trading Strategies for BeginTop 11 Popular and Effective Crypto Trading Strategies for Beginners Cryptocurrency trading can be a lucrative but volatile venture, especially for beginners. To navigate the highs and lows of the market successfully, it's important to adopt well-tested strategies that help manage risk and improve your chances of success. Whether you’re looking to trade actively or passively, this list of the top 11 crypto trading strategies will guide you in the right direction. 1. HODLing (Buy and Hold) HODLing is a term derived from a misspelled "hold" in a Bitcoin forum that became iconic. This long-term strategy involves buying and holding onto cryptocurrencies for an extended period, regardless of short-term market fluctuations. It's popular among beginners due to its simplicity. Best For: New traders who believe in the long-term potential of assets like Bitcoin and Ethereum. Pros: Easy to implement, less stressful, low maintenance. Cons: Requires patience, may result in short-term losses. 2. Dollar-Cost Averaging (DCA) Dollar-Cost Averaging (DCA) is a straightforward strategy where you invest a fixed amount of money into a cryptocurrency at regular intervals, regardless of its price. By spreading out your investments over time, you reduce the impact of market volatility. Best For: Beginners who want to invest consistently without timing the market. Pros: Minimizes the risk of investing a lump sum during a market peak. Cons: May miss out on large gains if the market takes off quickly. 3. Day Trading Day trading involves buying and selling cryptocurrencies within a single trading day. The goal is to capitalize on short-term market movements and make multiple trades throughout the day. Best For: Active traders who have time to monitor the market closely. Pros: High profit potential in a short period. Cons: High risk due to volatility; requires significant time and attention. 4. Swing Trading Swing trading is a strategy where traders hold onto assets for days, weeks, or even months to take advantage of price "swings" or momentum in the market. It aims to capture medium-term trends rather than short, daily fluctuations. Best For: Traders who can dedicate time to analyzing market trends but don’t want to trade daily. Pros: Less stressful than day trading, potential for good profits. Cons: Markets can move against you quickly, requires technical analysis. 5. Scalping Scalping is a fast-paced strategy where traders make numerous small trades over short time frames, such as minutes or hours. The goal is to accumulate many small profits that add up over time. Best For: Experienced traders or beginners who enjoy fast-paced trading. Pros: Quick profits, low exposure to market risks. Cons: Requires intense focus, high transaction fees can eat into profits. 6. Arbitrage Trading Arbitrage trading involves taking advantage of price differences between different exchanges. You buy a cryptocurrency on one exchange where it's priced lower and sell it on another exchange where it's priced higher. Best For: Traders who are quick to spot price differences across exchanges. Pros: Low-risk if executed correctly, straightforward profits. Cons: Requires quick execution and capital in multiple exchanges, fees can reduce profits. 7. Trend Trading Trend trading, also known as "position trading," is a strategy where you identify the direction of the market trend (either bullish or bearish) and trade in the same direction. Trend traders often use technical indicators to confirm trends and make informed decisions. Best For: Traders comfortable with technical analysis. Pros: Can be highly profitable if the trend is strong. Cons: Trend reversals can lead to losses; requires constant monitoring. 8. Copy Trading Copy trading allows beginners to mimic the trades of more experienced traders. Many platforms, offer copy trading features where users can follow and replicate the strategies of successful traders automatically. Best For: Beginners who lack trading experience but want to trade like professionals. Pros: No need for deep market knowledge; can learn while following experts. Cons: Performance is tied to the skill of the trader being copied. 9. Moving Average Crossover Strategy The Moving Average Crossover strategy uses two different moving averages (usually a short-term and long-term average) to identify trends. When the short-term average crosses above the long-term average, it signals a buy. When it crosses below, it signals a sell. Best For: Beginners who are learning technical analysis. Pros: Simple and widely used, helps to identify trends. Cons: May lag behind price movements, leading to late entries or exits. 10. Relative Strength Index (RSI) Strategy The RSI strategy is based on the Relative Strength Index, a momentum oscillator that measures the speed and change of price movements. RSI values range from 0 to 100, with readings above 70 indicating overbought conditions (potential sell) and readings below 30 indicating oversold conditions (potential buy). Best For: Traders who prefer using technical indicators. Pros: Easy to use, widely available on most trading platforms. Cons: Can generate false signals in volatile markets. 11. Breakout Trading Breakout trading involves entering the market as soon as a cryptocurrency breaks out of a previously established support or resistance level. Breakouts often signal the start of a new trend, and traders look to capture profits as momentum builds. Best For: Traders who are comfortable with technical analysis and chart patterns. Pros: High profit potential if a new trend forms. Cons: Risk of false breakouts leading to losses. Conclusion For beginners stepping into the world of cryptocurrency trading, choosing the right strategy is crucial. Each of the strategies mentioned above caters to different risk tolerances, time commitments, and levels of expertise. Whether you prefer the slow and steady approach of HODLing or the fast-paced world of day trading, it’s essential to thoroughly understand each strategy before applying it in the market. Over time, you can experiment with various approaches and find the one that best suits your trading style and goals. As always, it’s important to stay informed, manage risks, and continue learning as you navigate the dynamic and exciting world of crypto trading. 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 Crypto4lightPublished 3
Short trade Buyside trade Pair BTCUSDT Sun 20th Oct 24 11.00 am Entry 68611.6 Profit level 68257.0 (0.52%) Stop level 68688.9 (0.11%) RR 4.59 Reason: Pivitol price and resistance level and time 11.00 am Shortby davidjulien369Updated 0
Bitcoin Liquidity Grab and ReversalIf the uptrend continues with 70k as the target, it is more likely to grab 70k and trendline liquidity and then reversal from 70750~73750. BUT, further confirmation is required to support this scenario.Shortby RaminzkrPublished 2
Bitcoin’s 4-hour level wave count continues the view unchanged oBitcoin 4-hour level wave count: Continuing the unchanged view on October 12 (the overall view remains unchanged on September 23), we are still bullish next weekLongby qwekjcPublished 1
BTCUSDT: Update before weekly close!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse BTCUSDT on higher time frame: BTCUSDT is currently exhibiting a positive trend. The upcoming weekly close will play a significant role in determining the future direction of the market. BTC is trading within a channel, and a daily close above $69,000 is crucial for initiating a rally towards $70,000. Maintaining a price above $67,500 is essential to sustain bullish momentum. Trading within this channel could potentially trigger a rally in altcoins. Key Levels: Resistance: $69,000 Support: $67,500 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!Longby persis10tPublished 4
Key Bitcoin Price Levels and Dominance Analysis for Long and ShoIn my view, if I don't consider the potential breakdown of the 68,170 price level as a fakeout, we shouldn't dip below it. However, if the price breaks below, I would regard it as a false breakout and look to open a short position with a break of 67,594.47, provided that Bitcoin dominance also declines. If, during the breakdown, Bitcoin dominance remains bullish (green), shorting altcoins would be a better option. On the other hand, if the 68,170 level doesn't turn out to be a fakeout, altcoins could offer solid long positions, especially if Bitcoin moves sideways or upward and Bitcoin dominance decreases. Otherwise, Bitcoin itself might present a better long opportunity. In conclusion, monitoring the interplay between price levels and Bitcoin dominance will be key to determining the best positions, whether in Bitcoin or altcoins.by saeedalipour93Updated 0
BTC to B or not to B ?have been spending my weekend rummaging through posts by pundits and market's movers and shakers. This is my assessment (and not my recommendation). BTC will fall hard like gold in the weeks coming fore. But that does not mean you sell ok! You accumulate BTC when it dips south. Clear? pointless buying now because fomo is already in play. In the words of our guru Mr. Buffet 'be greedy when others are fearful and be fearful when others are greedy' look for 51000 levels to scale in and if price goes lower buy in increments of 1500 lower.. by ccpudaismPublished 2
BTCUSDTBTCUSD ,the daily candle broke supply roof and i expect today candle to see more buy pressure and if the weekly candle breakout of supply roof ,we will see correction into broken supply roof as our new demand floor for uptick. the retest of previous all-time high is on the line and the probability of a new high in the zone of 83-81k and more advance buy could reach 100k00:52by ShavyfxhubPublished 2
btc short signalas you see in the chart the short signal is coming entry 62350 sl 64100 target 58300Shortby MR-CRYPTO-1997Updated 2