BITCOIN ????Im looking to this setup . Trade carefully. Previous setup on BTC running from 52000 to 77000.
( sept 8th).
BTCUSDT trade ideas
04/11/24 Weekly outlookLast weeks high: $73,633.97
Last weeks low: $67,477.38
Midpoint: $70,555.67
ELECTION WEEK IS HERE! This is the one we've all been waiting for and probably been nervous about. On the 5th November the US election takes place, now we might not know for certain who has won on that day but we should have a good idea barring no funny business. At time of writing, Trump leads the betting market polls 57.7% : 42.3% which is down significantly from last weeks high of 67%. A lot can happen between now and tomorrow but for BTC and crypto in general a Trump win should be favourable to the markets, a Harris win might delay cryptos progress IMO.
If the US election wasn't enough for one week FOMC takes place a couple of days later. With a forecasted cut of 25bps coming taking the interest rate from 5.00% to 4.75%. The last FOMC saw a 50bps cut so the FED is rapidly moving to a more risk on environment which should be pro crypto, however I do think the election result will dwarf this FOMC in importance as the 25bps cut has been known about for awhile and most likely priced in.
Obviously the election is the main focus of this week, a number of projects have token unlocks this week too:
Larger % circ. supply:
NEON,BANANA,ADA,XAI,BGB,AGI
Smaller % Cir. supply:
SOL,WLD,TIA,TAO,AVAX,DOGE,SEI,NEAR,DOT,SUI&FIL
The altcoin market is still at the mercy of BTC and BTC is at the mercy of this election currently so we'll have a better picture of what the future may look like by the end of the week.
Idea for the next 2 weeks for BitcoinBitcoin flew up perfectly according to my scenario. Bitcoin went without reaching the full correction as I expected. It only reached 65300.
US elections determined the winner, Bitcoin reached the maximum point of 75000.
A. The descending channel is destroyed. The euphoria has passed, now we expect a correction according to the chart
1 - 70000
2 - 65000
Next, Bitcoin can calmly grow to 80000.
B. It is less likely to go straight to 80000 and then correct from there to 70000
Please like my post
BTCUSD Trade LogTrade Setup (2/11/2024) - BTC Short in 4H FVG
1. Setup: Enter a short position at the 0.5 level within the 4-hour Fair Value Gap (FVG), identifying this as a potential resistance area for a bearish move.
2. Entry strategy:
- Target: 1:3 RRR.
- Risk: 1% of account.
- Entry confirmation: Wait for the price to reach the 0.5 level of the 4H FVG and observe bearish signals, such as a reversal candle or rejection wick, before entering.
3. Stop-loss and take-profit:
- Place stop-loss above the upper boundary of the 4H FVG to limit risk.
- Set take-profit at three times the stop-loss distance to maintain a 1:3 RRR.
4. Additional considerations:
- Be aware of any upcoming macroeconomic news or events that could affect BTC's price movement and increase volatility.
- Ensure that price action confirms your bias within the FVG to avoid premature entry.
bull update A bull flag pattern with strong bullish momentum has formed, and we recently saw a breakout, sweeping liquidity around 50,547. On a refined daily chart, the price is pulling back to around 61,300, which I plan to target for a buy, aiming for an upside move up to 81,000.
I think W3:83K and W5:102KYesterday's bearish wedge is gone !
I think wave 3 will calm down around 83K.
Support Where?Price tried to find support at the red area, it held on well for a short while but price broke below the weak red support area. Price will probably head back to the blue support level. If the blue support level does not hold, then there might be a lot of blood. Stay safe.
Bitcoin Forming GraveStone Doji "A reversal is on the horizon".
A "Gravestone doji" is a pattern of candlestick analysis that forms at the top of an uptrend and warns market participants of a bearish trend reversal. Sometimes, this pattern emerges at the bottom of a downtrend, signaling a bullish reversal.
Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
BTCUSDBTC/USD
all time high trading the BTC so first be careful to sell
Reason to sell LQD has taken time 60 min time and 15 min time so and seen the vailed FVG and OB in 15 min with in 1 hour time its at lower seen MSS to its risk
NOTE: TARDE AT YOUR OWN RISK NO FINANICAL ADVICE
Bitcoin surprise target
Bitcoin has touch $77.000 and make significant price movement. I really like this bullish momentum combined with US. election result. Now I want to share with you what I see in the chart on BTC. Maybe just little annoying for some people but this what I found on the price chart for Bitcoin price movement. From my simple analysis the price is going down to $71.500 - $72.000 for temporary movement before continue the next path price. The support gap is not filled yet because the price bulls so rapidly from my perspective. Remember this is not financial advice please use your own analysis to do action in the market.
BTC Break Next Session Fibonacci Our **Next Session Fibonacci** indicator suggests that if we break the Zero level, the next stop could be **$78,106** within this session. Otherwise, expect a pullback to the **0.236 level at $74,133.20**, only for the current session. 📊
BTCUSDT.P Support prevents the price from falling
Hello, intraday traders! Hope all is well with you.
BTC on the 30-minute chart looks like it’s trying to push the price up after support held for most of the day. Tonight, we have a SEC decision about rate cuts, which will definitely impact the price. All moving averages are pointing upward, and volume is steady.
This is not financial advice—stay safe!
BTCTime to share my BTC card.
In my opinion, btc has finished printing a wave 4 in the larger cycle. We are now working on wave 5.
Unfortunately, he did not reach the blue box of the inner correction after all. The first target remains between 80 and 90 thousand dollars.
never sell your BTC :-)
BTC Update:BTC Update:
BTC is still moving as I predicted in all my previous analyses. With today’s strong candle, I expect BTC to reach $86,000 before the end of the year, and possibly $100,000.
BTC updatePrice finally reached our first support zone after 6% correction & respected our number and showed nice reaction to it
Now we have to see how much recovery we can get from this support before going down again
Understanding the Danger Zone of trading. They occur oftenPatience is key, but it's easier said than done. Many of us, myself included, have fallen into the trap of opening trades at the wrong time and in the wrong place, driven by impatience.
A powerful way to avoid this mistake, especially in fast-moving markets, is to use the Gann Tool on higher time frames. The secret lies in identifying when the price is in the 'killzone'. When the price is here, it's a clear signal to step back and avoid taking trades.
Stay patient, stay safe, and make sure you're trading when the conditions are in your favor.
#TradingTips
#GannAnalysis
#MarketPatience
#TradeSmart
#KillzoneAvoidance
#ForexStrategy
#RiskManagement
#TechnicalAnalysis
#TraderMindset
#PriceAction
BTCUSDT Up trend continuationBTCUSDT has shown signs of potential consolidation after a strong retest of the all-time high (ATH), evidenced by a long-tailed bar on the weekly timeframe, which suggests buyer hesitation at elevated levels. Although BTC has broken above key highs from September, August, and July on the monthly chart—generally a bullish indicator—a deeper pullback to the 66,000 support level (September high) could occur. This retest would serve to validate 66,000 as a solid support and provide a potential entry for buyers, likely reinforcing bullish sentiment for a continued upward move. Should BTC find support here, the next target would be the resistance zone around 72,700
Bearish Reversal or Bullish Continuation?Using a trendline on the close of the weekly candles we can see a clear breakout. While price has broken out of the downtrend line, price is facing residence exactly at the previous high and a giant bearish weekly candle is printing. I’m 50/50 right now. This weekly candle can be the beginning of a very ugly bear market, but at the same time we cannot neglect the fact that price has broken out of the downtrend and this may be a retrace for a retest on the weekly chart.
Retail traders expecting bullish BTC ahead of electionsAccording to the CBOE COT report, most non-reportables (aka retail traders) are expecting bullish results in the coming days/weeks.
This is opposed to the positions of hedge funds, who are hedged neutral, likely expecting a bearish response to buy into dips later on.
A likely fakeout of the triangle will lead to a price around 64.9k, which is a decent 5% correction from current levels.
forcast "BTC""I believe that the current global geopolitical climate, the U.S.
elections, the tense situation in the Middle East, the post-Covid landscape, inflation,and economic instability in the world shouldn't be analyzed traditionally .
instead, we should stay on the safe side.
today, i don't know if bitcoin is safe or risky,but there's no choice but to stay in the game"
BTC crazinessGuys! 2 Weeks ago, another buy signal has flashed in weekly timeframe.
Say whatever you want but for sure, we can never bet against the strong trend.
Everything can happen but just go with the trend for intermediate to long-term.
BTCUSDT.P Coiling up for action
Dear Degens,
BTC is coiling up between the daily close and intraday high, with higher lows forming. Volume is looking good, though it could be stronger.
Will it break up? Or will it drop? Stay tuned, and you'll find out.
Stay safe!
