BTC lONG TERMI posted that idea 3 times. Because it happens and no one can stop it......
Don't forget, if you know how to move the price, it doesn't matter how much it is !!!!!
USTBTC trade ideas
Btcusdt 15min Inverse head and shouldering the 15 min push the price past 70k if this pattern plays out Btc can try and re take that level before the weeek is over . Anything could happen at this point with the uncertainty of elections date on Tuesday so for now would be better to hold cash and and a stop loss below hr support which is at about 68,700. 15 min charts sometimes get invalidated more often than longer time frames
BTC Update (still bearish)This analysis is an update of the analysis you see in the "Related publications" section
According to previous scenarios, this diametric is forming for Bitcoin.
We expect a correction and drop to the green range (for wave F) and then Bitcoin rejects upwards from the green range (for wave G).
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Short-Term Bearish Setup with Potential Entry PointsBitcoin is showing weakness on the 4-hour time frame but hasn't completely broken the daily swing low to confirm a mid-term downtrend. The 4-hour chart is bearish, and I'm expecting another small leg up to the premium level (above the 0.5 Fibonacci level). I've marked two potential entry areas with star icons and their targets.
Two Great Entries:
Short Limit: 70,750 (1-hour FVG Area)
Second Entry: 69,553 (only after the first limit is hit or missed)
Stop Loss: 71,712 (above the recent swing high)
Target: 63,123
Good luck!
BTCUSDT.1DAnalyzing the BTC/USDT daily chart, I've identified several key elements that will guide my trading decisions moving forward.
Key Observations:
Trendlines: A rising support trendline (green) has been effectively holding since July, suggesting a strong upward momentum. The price has respected this trendline multiple times, reinforcing its significance.
Resistance Levels: The immediate resistance is highlighted at 'R1' ($72,357.85). This level previously acted as resistance in early October, making it a critical point to watch for potential price reversals or breakthroughs.
Support Levels: The nearest support, marked as 'S1' at $65,390.97, is crucial. If the price breaks below this level, it might test the next support at 'S2' ($59,138.45), which aligns with past pricing behaviors observed in September.
Technical Indicators:
Stochastic RSI: Currently in the middle range, suggesting neither overbought nor oversold conditions, providing no immediate directional bias from this indicator.
MACD: The MACD line below the signal line and the histogram fading suggest a potential loss of bullish momentum. It will be crucial to monitor this indicator for signs of a crossover that could indicate a change in trend direction.
Trading Strategy: Given the current chart patterns and indicators, my approach involves watching for a decisive breakout above 'R1'. Such a breakout could signify continued bullish momentum, potentially making a move toward the upper resistance level viable. On the flip side, a break below the current support at 'S1' would prompt me to consider a short position, targeting 'S2' as the next support zone.
Risk Management: Implementing stop-loss orders just below key support levels will be vital to protect against unexpected reversals. Similarly, taking profits near resistance levels can help lock in gains before potential pullbacks.
Conclusion: The market conditions for BTC indicate a bullish trend but approaching significant resistance. The near-term market behavior around 'R1' will be critical in determining if the uptrend will continue. Monitoring MACD and Stochastic RSI will provide further clues to possible shifts in momentum. Always, the execution of trades must align with sound risk management practices to navigate the volatility inherent in cryptocurrency markets effectively.
Trading Signal For BTCUSDT Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (4h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 68152.3
⭕️SL @ 66338.1
🔵TP1 @ 73000.0
🔵TP2 @ 76990.0
🔵TP3 @ 80000.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
BTCUSDT 1H Falling wedgePossible long trade on 1 hour chart forms Falling wedge pattern.
The 1-hour Bitcoin chart shows a Falling wedge, indicating a short-term downtrend. However, a bullish divergence in the RSI suggests weakening selling pressure and a potential trend reversal. The price is near a support zone, making a potential long entry appealing, especially if there is a breakout above the upper trendline of the Falling wedge. A target could be set around 71,344, with an appropriate stop-loss placed below the support to limit risk. Waiting for confirmation of the breakout is advised to validate the long signal.
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Will Bitcoin Resume Higher Now?There are two ways to answer this question, we can consider the chart and look at the numbers or we can make assumptions.
Bitcoin produced a strong rejection right below the All-Time High. Bitcoin (BTCUSDT) produced six consecutive days closing red. Something never seen before. After such continued bearish action, some relief is possible and necessary, this is what we are seeing today.
Based on the numbers, as long as Bitcoin trades weekly below 70,000, the bearish bias remains intact. Say Bitcoin moves today or tomorrow above 70,000, are we bullish? Not yet. It would need to close the week above this level for the bullish potential to be confirmed and then a weekly close above 74,000 is needed to confirm a bullish bias. Any trading below these levels and the bearish potential remains intact.
It can happen that Bitcoin moves above 70,000 for a few days just to comeback crashing down. But this already happened last week.
Here we can see resistance clearly depicted on the chart, so we expect lower prices. Selling started to happen as soon as Bitcoin moved above 70K today.
If we look at ETHUSDT on the daily timeframe, we can see that this is not a bullish reversal but instead a small relief. The market never moves straight down nor straight up, it fluctuates between green and red.
Expect lower prices.
The correction is not over.
Thank you for reading.
Namaste.
BTC Update (4H)This analysis is an update of the analysis you see in the "Related publications" section
Still Valid. It was supported by hitting the green box.
There is another possibility that Bitcoin will move towards the 76K-78K-80K areas without any special correction.
Do not enter a sell/short position without confirmation
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin Today Analysis StrategyThe price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 70500
Entry price 70500
First target 71700
Second target 72660
Third target 73712
HelenP. I Bitcoin will exit from pennant and then continue riseHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price traded below support 2, which coincided with the support zone and soon broke this level. Then price tried to grow more, but failed and dropped to the trend line, breaking support 2 one more time. After this movement, the price entered the pennant, where it made at once a strong impulse up, breaking support 2 again. Then price continued to move up and later reached support 1. Price some time traded near this level, then broke it and some time traded inside one more support zone. Next, BTC little grew and then dropped below 1st support level, breaking it again, but soon turned around and backed up to the support zone (68200 - 67700). After this, the price bounced down to the trend line, after which turned around and rebounded up to the resistance line of the pennant and now trying to exit from this pattern. So, in my mind, BTCUSDT will exit from the pennant, make a retest, and continue to move up. That's why I set my goal at 71000 points. If you like my analytics you may support me with your like/comment ❤️
How to avoid babysitting a trade. So many people are reactive to the market and feel that they need to watch price action whilst they have an open trade open
The best way around this is to work with the correct entry and correct forecast on how long you should leave the trade open for, as well as at which point in the Gann Tool the price will stop at
Doing it this way also achieves the well sort after risk reward ratio's of 1:2 and 1:3
BTCUSDT.P What is this mini pump about? Hello everyone!
It's U.S. election day, so I’ll keep this one short so you can enjoy the election show!
We’re looking at **BTC** on the 30-minute timeframe.
It doesn’t look too good.
Bitcoin continues to fall?Considering the resistance in the range of 69087, after the failure of this area, it can be expected that the range of 69897 and 70773 will continue to rise. Otherwise, the support range of 68016 will be broken Expect a fall to the range of 67229 and 66449
My next setup.For my next play, I am watching for CONTINUATION LONG and deviation shorts in the internal leg down.
For any of these plays, I want to see a flip in structure on the 5 - 10 minute chart or higher before entering. Let’s be ready! We have had a few false moves lately so be careful.
Make sure to follow for regular updates and insights! 🔔💡
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BTC Cycle UpdateWith BTC now in the window of a 60 day cycle low and election approaching that are my levels i am focused on for now. If now hold 68k i tend to 62/63k for now. Great place to position for all what is about to come. Real party probably in december.
If we get any sort of liquidation candle buy it.
One more leg up for BitcoinHi traders,
Last week Bitcoin finished a triangle correction down (wave 4 orange) and started another upmove and correction down for wave 5 (orange).
So next week we could see another upmove to finish wave 5 of the diagonal.
Let's see what the market does and react.
Trade idea: Wait for the correction down to finish (ideally into the Daily FVG), a change in orderflow to bullish again and after a small correction down on a lower timeframe you could trade longs.
If you want to learn more about my analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Bitcoin (BTC): Price Near ATH (Possible Liquidity Hunting)Bitcoin is back near ATH zones and buyers are showing good dominance after breaking a smaller resistance zone (while leaving behind a CME gap).
As we mentioned yesterday as well, we have had a pretty pushy beginning of the week, so we are looking for the price to reach FWB:73K zone (Zone of ATH). where we want to see some kind of liquidity hunting to begin (with long wicks).
If we do not see that liquidity hunting, then the other option is a sharp rejection and a claim of liquidity on lower zones (and there are a lot to claim).
So we have put our two possible entry zones for Bitcoin (once we see a rejection in the upper zones) so be ready!
Swallow Team
BTC Short Price hit a high of 73.8K (74K) on the recent breakout . Most traders had TP at this level.
Might be time for a pull back. Targeting the 50% fib level. Super long from there if it hits
$BTChold here and we flip 71K to move on up otherwise 66K sweep to tag vwap from local low
good r/r here back to sleep
POST House of Pi November 2024Bitcoin Monthly House of Pi range for November 2024 using Sacred Geometry-Fruit of Life by dgtrd as the blueprint, along with Circular Fib, to identify overall Pi range and Regular Fib w/Pi & Phi to find monthly Higher and Lower Pi Pockets. Dollars above as below as always, Make More Minimal
WHAT IS BITCOIN DOING? MY NEXT TRADES For my next play, I am watching for CONTINUATION LONG and deviation shorts in the internal leg down.
For any of these plays, I want to see a flip in structure on the 5 - 10 minute chart or higher before entering. Let’s be ready! We have had a few false moves lately so be careful.
Make sure to follow for regular updates and insights! 🔔💡
🔔Enquire for 121 lessons / academy
#500FOLLOWERS 🎉 #500GIVEAWAY 🎁
