BTC SHORT TP:66560 1HR 18-10-2024This 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! 📈💼🚀Shortby ReyDragon21Updated 3
I AM NOT FEELING GOOD ABOUT THIS!On the daily timeframe, BTC is showing signs of rejection. If this rejection plays out, be prepared to see BTC drop to $62k, where the 100 EMA provides support. The RSI indicates weak momentum and will likely reach the oversold zone. The only way we could see a positive move is if BTC breaks out and closes above $68k on the daily chart, which could then target the all-time high range. Until then, a bearish scenario is likely. Please make sure to do your own research and analysis before making any decisions. Trade safely.Shortby Dexter_The_TraderUpdated 11
BTCUSD / Bitcoin Trade IdeaAfter reaching the target I'm looking to new setup. Currently I'm looking to position myself in short till we reach point A. A) I want to see rejection of that level with bullish closure of higher timeframes = Long B) I'll trail short a bit more in this case and look to long in point B with same criteria. BUT I'll be more conservative and not have big expectations to reach higher prices labeled on chart (red line on top). That level is likely for scenario A in my perspective for now as I don't want to hold a position too long on those levels.by TiwielUpdated 0
Ready to correct with a stop loss limit trail in BTCAs mentioned in the previous analysis, as long as we are in the bullish time frame of 4 hours, we can look for a long position in the direction of the bullish market structure, and from the declared area, the long trade is active, and at 68500, half of the profit saving trade volume and the stop loss limit have been trailed, which is expected The price is going to be able to reach the high of the channel that overlaps with the weekly unmitigated wick midline, which has to be seen if the main fall can start from this area or if the high of 70,000 is going to be hit. If the high of 70,000 is reached, we will see an opportunity to buy every action up to the area of 61,000 as we specified in the weekly analysis, but if the price cannot reach the ceiling of 70,000, we can have deep falls even up to 49,000.by MrHunterTradeInsightPublished 227
BTC/USDT Reentry: Filling the Large Sell Orders Around 70KAfter being spiked out in the previous BTC setup, I decided to reenter the trade, and so far, the market is moving in our favor. An important observation is the presence of large sell orders around the 70K level, which suggests the price might first need to revisit this area before we see any major continuation. It’s unlikely for BTC to make a deep retrace to 50K before filling these orders. Technical Analysis: • BTC has shown signs of retracing into a key Fibonacci zone while still respecting the bullish structure. • The FibCloud indicator confirms that price is holding above key support levels, and we may see a continuation if momentum maintains. • The volume is increasing, particularly around the 70K zone, showing that buyers and sellers are locking in this range for potential price action. Risk Management: • Given the volatility of BTC and the presence of large orders, I’m keeping a close watch on the 70K level. • Stops have been placed below the key Fib levels to minimize potential losses if the price reverses sharply. • If the price hits this level without major bullish pressure, I may look to exit or adjust my position. While our bias remains valid, spikes like the one that triggered our previous stop loss are typical in such markets. The goal here is not to label this trade as good or bad but to demonstrate that staying calm and managing risk is crucial. The market’s conditions constantly shift, and how we adapt to these changes defines our trading success. Both sides can make money in this game—the key is how we handle it. Don’t forget to trust yourself and adjust according to the market’s signals. How are you handling your trade setups this week? Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.Longby AR33_Updated 7
btc on 4h time framehello guys…it seems bit on diametric pattern and wave g is not started i except that wave g start soon and bit can go upward as a mark that i paint on chartLongby moeinzhtUpdated 5
#BTC Rising Wedge📊#BTC Rising Wedge 🧠From a graphical perspective, we are gradually forming a rising wedge model, and we will generally fall according to this model. However, we have not yet reached the heaviest resistance area, and the current area is not volatile, so it is difficult to trade, so we need to be more patient ➡️From a structural perspective, there is currently no short structure, so you need to be cautious if you want to short. If we can break below the inflection point to build a short structure, then we can try to place some short orders in the rebound that occurs later. ⚠️This is just my trading point of view. If you follow this point of view, please don’t forget risk management 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 by wolf_king888Published 6
Bitcoin long to 70000Just opened a bitcoin long. My target is $69000 to $70000 Timeframe between today and next few days before weekly candle close. Bulls so far a maintaining the uptrend...even though the price is quite high which lead me to believe we might actually test $70000 Also trade align with my trade plan criteria apart from beingLongby FilnftPublished 4
MUST WATCH! DECISION TIME FOR BITCOIN! Here are the levels that immediately stand out. Are we headed for the range high? Are we BOUNCING OFF THE trend line, or will we rotate back down? See video for full breakdown but otherwise trade responsibly. For any of these plays, I want to see a flip in structure on the 10-minute chart or higher before entering. Let’s be ready! Make sure to follow for regular updates and insights! 🔔💡 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁 27:21by Trade-JournalPublished 113
DECISION TIME FOR BITCOIN! MY NEXT TRADE!Here are the levels that immediately stand out. Are we headed for the range high? Are we BOUNCING OFF THE trend line, or will we rotate back down? See video for full breakdown but otherwise trade responsibly. For any of these plays, I want to see a flip in structure on the 10-minute chart or higher before entering. Let’s be ready! Make sure to follow for regular updates and insights! 🔔💡 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁 by Trade-JournalPublished 3
BITCOIN - Price can make correction and then continue to riseHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price entered to wedge, where it at once declined from resistance line to support line. Also, it broke $58900 level, but later BTC backed up and broke this level one more time, after which made a correction. Then price in a short time rose to $65800 level, and even entered to support area, but then bounced down. Price exited from wedge and then started to trades inside triangle, where it fell to support line first. After this movement, BTC started to grow and soon reached $65800 level, broke it, and now trades close support line. Possible, price can exit from triangle, fall to support area, and then bounce up to $71500 If this post is useful to you, you can support me with like/boost and advice in comments❤️Longby WalterMoonPublished 11
BTC UpdateWe are getting stronger as we consolidate here and need a few more good news to break this resistance and goto a time high.by BitcoinForecastPublished 0
500R BTC LongExpecting a move to $140k within 4 weeks once the all time high breaks. High risk trade.Longby TipsOfPipsPublished 1
BTC: Facing Resistance at $67,500, Potential Downside to $65,700hello guys. Resistance at $68,400 (Top Line): Bitcoin is testing a strong resistance at $68,400, having failed to break above this level multiple times. Engulfed Area: The engulfing pattern visible below $67,000 signals a potential bearish sentiment that could drive prices lower if it fails to hold the current resistance. Potential Drop: The chart suggests a possible drop towards the $65,700 support level, which is a critical area of demand. Support Zone: The blue-dashed line around $65,700 indicates a key support level where buyers could potentially step in. Bearish Short-Term: If the top resistance continues to hold, the price is likely to head toward the lower support, suggesting short-term downside potential. if the $67500 breaks down we can expect this scenario to happen! Shortby melikatrader94Published 4424
$BTC will Re-testBitcoin has broken out of its strong dynamic according to the analysis, but it still needs to provide us with a retest. I expect Bitcoin to correct from one of the prices around 70K or 72K, dropping to 64K for the retest before continuing its upward trend. In my opinion, a Bitcoin surge is imminent, but technically, it needs to retest our range before that can be confirmed. Personally, I believe we are on the verge of an altcoin season, and I recommend starting to build your portfolio gradually.by ScorpionX_CoPublished 6
BTC Long PushStrong buy trend as we can see, and a continuation pattern confirmed as price breaks out and retested before creating another break of structure to the upside. We are currently looking at another retest hopefully the buyers will take charge by the coming week and ride long to the monthly resistance at 71,269.16. Until then, Fingers crossed... Longby Femi_ForexPublished 2