BTC Momentum lagging?BTC has been kind to us so far, and has seen 36% movement since September, it's due a small correction here...
As such, I have closed my previous long, and opened a short, above the parallel channel here.
BTCUSDT trade ideas
Simple & CleanMarket is all speculation this is NFA. Do your research and analysis, and stay safe and focused out there!
I realized throughout trading that the simpler the analysis is the better. What are your thoughts on this?
Looking forward to your comments.
Bitcoin Buy Signal (1H)MEXC:BTCUSDT
As we knew before that when IDMs got grabbed,
after getting a SCOB on our structure time frame,
or wait for a ChoCh on the lower time frame (which now the LTF is 5 mins chart),
we can get into the position (which here is a Buy Position).
And now we had a ChoCh on the 5 mins time frame on Bitcoin which allows us to open a Buy Position.
P.S: Money & Risk Management is Crucial, Because nothing's certain in the market. :)
I will update Bitcoin regularly,
Follow me on TradingView for more.
Happy trading..
Cheers,
Aurio
BTC LONG 8HR TP:69400+ 27-10-2024New analysis on an 8-hour timeframe, expected to fulfill in 2-3 days. Speculating on manipulation to push above 69,400 up to 72k. This trade is based on a potential manipulative move to liquidate longs. The analysis remains bullish. #Trading #Bitcoin
Bitcoin is mainting strong bullish momentumHey traders,
BTC price was rejected from a major weekly level at 69566 and retraced back to another major level which is 67355 and consolidated building a strong market structure then the priced flactuated between minor levels up and down the 1H 66398 and 68844 where the actual price is stuck now during the Chicago and New York sessions. There is a high probability that the price could reach a main level which is the Weekly level of 69566 but be cautious the price might reject back and look for the daily level 67346.
In case the price breaks the weekly level of 69566, should you wait for a pullback then long only for long positions targetting the 71591.
Keep a close eye on the chart and happy trading!
If you are uncertain, put your holdings in a stable coinIf you have been holding for a long period of time and you're uncertain of where the markets will swing due to the elections, the safe thing to do is sell your holdings into a stable coin, then wait for the markets to stabilize before getting back in
Also, if you plan on riding the swings of the volatile market remember to put your system first and your emotions second. There's nothing more disheartening than making big losses during a bull run
[BTCUSDT][Long] A bulk buying perspectiveA significant amount of buying has been identified in the current zone, mirroring the buying momentum observed in Zone 2 prior to the previous rally. This area is likely to serve as the third accumulation phase, indicating a high probability of an imminent breakout.
The price may initially break through the current channel, then retest the level to absorb supply.
#BTC Bullish Cup with Handle📊#BTC Bullish Cup with Handle📈
🧠From a structural perspective, we have built a bullish cup with handle structure in a sideways consolidation, and also completed the TP2 of the long position. Currently, it has touched the neckline resistance, and there is an expectation of a decline, but the structure belongs to the long position, so after the pullback occurs, we will be bullish, but we need to pay attention to the blue resistance area above.
Let's see👀
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BINANCE:BTCUSDT.P
BTC LONG 2HR TP:69400 27-10-2024A complementary analysis suggests that the upward movement in the next 48 hours could start from between 66,850 - 67,320, leading to a continuation towards 69,400. Therefore, I do not rule out the possibility of manipulation. #Trading #Bitcoin
BITCOIN - Price can bounce up to $72500, exiting from wedgeHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A few moments ago price entered to rising channel, where it at once fell to support line, breaking $57900 level.
Then price in a short time ros to this level, broke it again, and made retest, after which continued to move up.
Later BTC rose to $65900 level, turned around, and declined lower support line, thereby exiting from rising channel.
After this, price continued to move up inside wedge, where it bounced from support line and rose to $65900 level.
Soon, price broke this level, and rose to resistance line, after which made a correction and now continues to grow.
In my mind, BTC can bounce up from support line to $72500, exiting from wedge pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin longSymmetrical triangle on Bitcoin chart is broken up. Bullish movement to resistance level at 69500 is expected to happen.
Sel?!Bitcoin is in a limited upward phase, after that there is a strong possibility that we will see a sharp decline. Can we overcome this complex?!! This is just an analysis to describe it
BTC Quick Update: Bull Flag Breakout in Sight, Targeting $80k!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
Welcome to this quick BTC Update!
BTC is currently trading around $67.5k and moving within a bull flag structure on the 4-hour time frame. A breakout from this flag is still pending, and there’s a chance we might see a brief drop to FWB:65K on Monday before a breakout occurs.
Once this bull flag breaks, the target is set at $80k.
Entry Range: FWB:65K -$66k
Target: $80k
Invalidation: 4-hour close below FWB:65K
What do you think of BTC’s current price action? Are you seeing this bullish setup as well? Share your analysis in the comments, and let’s ride this wave together!
$BTC is showing a Bullish Triangle Pattern, Let's see on Chart.CRYPTOCAP:BTC is showing a Bullish Triangle Pattern, Let's see on Chart.
Open Trade FWB:67K Price and Target Order 90K when Breakout $72K Price Level .
Bull Run Starting and Don't forget to Fakeout.
btc - looks strongerif you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
my privios prognosis
BTCUSDT.1DBTC/USDT daily chart, we notice several key features that indicate potential trading opportunities and strategies.
Key Observations:
Resistance Levels: The immediate resistance level 'R1' at $72,357.85 represents a significant barrier where previous price action has faced rejections. Beyond 'R1', 'R2' at an even higher level would be the next target if a breakout occurs.
Support Levels: The primary support level 'S1' at $65,390.97 is critical. It has recently been tested, and the price has bounced off this level, indicating strong buying interest. The next support level 'S2' is at $59,138.45, which could be tested if there is a significant pullback.
Trend Lines: The chart features an ascending trendline that has been supporting the price over the recent period. This trendline is crucial for maintaining the current bullish sentiment.
Technical Indicators:
Stochastic RSI: The Stochastic RSI is in the lower end of its range, suggesting that the price might currently be oversold, which could precede a potential bullish reversal or at least some consolidation.
MACD: The MACD is showing a bearish momentum as it is below the signal line. However, monitoring this for a potential crossover could indicate a shift in momentum.
Strategic Approach: Given the proximity to 'S1' and the oversold condition indicated by the Stochastic RSI, there might be a good buying opportunity at this level, assuming the ascending trendline continues to hold. Traders should look for signs of stabilization or a bullish reversal pattern before entering to confirm that the support will hold.
If the price breaks above 'R1', it could signal a continuation of the bullish trend, and traders might consider taking long positions with 'R2' as a target. Stop-loss orders could be strategically placed just below 'S1' to protect against potential downward movements.
Conversely, a break below the ascending trendline and 'S1' could indicate a shift to a bearish trend, necessitating a reevaluation of the bullish stance. In such a scenario, the focus would shift to 'S2' for potential short positions or to watch for further declines.
Conclusion: The BTC/USDT pair is at a crucial juncture, with potential for both upward and downward movements. Traders should remain vigilant and react to price actions near these critical technical levels. It's essential to monitor further developments in the technical indicators and adjust strategies accordingly while maintaining sound risk management practices to navigate the inherent volatility effectively.
Are you ready to go into space next week? $BTC Open interest has declined significantly, which is a green light for growth! I also wrote earlier about the concentration of leading assets in hands and that we will see card draws on a number of assets by market makers. From a technical perspective, we see consolidation above the parallel channel and an up trend at the 50 EMA. Blockchain analysis still points us to further upside, buckle up!
BITCOIN BEARISH AS OF NOWBTC doesn't have good enough support to move up. Testing lower levels if we can hold needed.
RAG-GPT-4o . Thesis investment BTC Next 12 hoursHi Traders.
This Server analize the alredy open positions or potencials.
Investment Thesis
As a trader specializing in intraday scalping strategies for Bitcoin (BTC), the current market conditions present both opportunities and risks. The recent price of BTCUSDT is $68,452.00, with a current open position at $68,500. Given the ongoing legal actions involving North Korea's Lazarus Group, there is potential for market volatility that could impact Bitcoin's price. Therefore, it is crucial to remain vigilant and ready to adjust trading strategies based on real-time data.
Data Analysis
Open Interest: Fluctuating, indicating uncertainty in market participation.
Weighted Funding Rate: Showing slight bearish sentiment.
Liquidation Levels: Stable, but caution is advised as sudden market movements can trigger liquidations.
Monitoring Intervals: Essential to monitor metrics every 1m, 5m, and 8h for informed decision-making.
Binance Data
Trading Volume: Relatively stable.
Long-Short Ratio: Suggests bearish sentiment with long positions below 50%.
Expert Predictions: Advises caution and waiting for confirmation of upward momentum before entering new positions.
Trading Volume (Last Hour): Approximately $243 million.
Circulating Supply: 19 million BTC.
Market Cap: Approximately $1.3 trillion.
Analysis: Highlights the liquidity of BTC, which is favorable for scalping strategies.
Sentiment Analysis
Market Sentiment: Mixed, with some analysts expressing caution due to recent regulatory news.
Top Crypto Sentiments: Slight bearish outlook, suggesting traders should be prepared for potential downward movements.
Technical Analysis
RSI: Currently at 62, indicating bullish momentum but approaching overbought territory.
MACD: Showing a bullish crossover, supporting potential upward movement.
Short-Term Indicators (5m and 15m): Showing signs of weakness, suggesting a possible pullback.
Key Support Level: $67,968.56.
Key Resistance Level: $68,200.
Recommendation: Given the current open position and market conditions, it is advisable to monitor the price closely. If BTC approaches the take-profit level of $68,800, consider adjusting the stop loss to secure profits. Conversely, if the price shows signs of reversal before reaching the take-profit, be prepared to exit to minimize losses.
Summary
The current market conditions suggest a cautious approach. Vigilant monitoring of price action is essential, especially as BTC approaches key resistance levels. Adjust the stop loss to protect profits if the price nears the take-profit level.
Long Setup, TP1:74K, TP2:82KWe have a curve trendline here. I will long BTC once touch this curve.
SL & TP are showed.
The key is whether it can rise above the 1st section
Hello, traders.
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(BTCUSDT 1W chart)
When a new candle is created, you should check whether there is support near 68393.48.
And you should also check what movement the StochRSI indicator will show.
From the current position, the important support and resistance sections are
- 68393.48-71280.01
- 65602.01-65920.0
- 61099.25
The three sections above.
If the price is maintained above the HA-HIgh indicator, a full-scale uptrend (stepwise uptrend) is likely to begin.
However, it is important how the BW (100) indicator section, 68393.48-71280.01 section, is broken upward.
-
(1D chart)
Therefore, the key is whether the price can be maintained by breaking upward through the first section, 68393.48-69031.99 section.
If not, you should check for support near 65920.71-67414.39.
Since the HA-High indicator on the 1D chart is formed at the 67414.39 point, the point to watch is whether it can receive support near 67414.39 and rise.
-
The StochRSI indicator is showing signs of turning upward.
However, it has not yet risen from the overbought zone, and StochRSI < StochRSI EMA.
Therefore, when a new candle is created, you should check how the StochRSI indicator appears.
When the StochRSI indicator falls below 50, the decline is interpreted as a strong decline, but eventually you will find the time to buy.
Therefore, when the StochRSI indicator is below 50, it is recommended to create a trading strategy from a buy (LONG) perspective.
If you trade from a sell (SHORT) perspective, you need to respond quickly and briefly.
The StochRSI indicator is not an all-purpose indicator, but it allows you to know the timing of response and the intensity of the wave to some extent.
Therefore, if you use the StochRSI indicator, you will have less conflict about whether to go up or down right now.
In addition, since you are more likely to trade in the direction of the trend, you will be able to reduce the number of times you cut your loss.
-
Due to the changes in the chart, the next volatility period is likely to start around November 4th.
So, let's check the overall flow when the new month starts.
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If you use the Linear Regression Channel indicator in TradingView indicators, it will automatically draw a parallel channel according to the current price position.
You can set the indicator settings to suit you.
However, the recommended settings are 50 (Length), ohlc4 (Source).
I think that chart tools such as trend lines, channels, and Fibonacci are tools for chart analysis.
Therefore, I do not recommend using chart tools to create trading strategies.
In order to create a trading strategy, you must have support and resistance points drawn on the 1M, 1W, and 1D charts.
If you have drawn support and resistance points, you can create a trading strategy by checking whether there is support at the support and resistance points by referring to the analysis with the chart tool.
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises 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 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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BTC LONG TP:68580 1 HR 25-10-2024This analysis is based on a 1-hour timeframe, with an expectation to reach its target within 24 hours. If the target is not met within this period, the analysis will be considered invalid. It is recommended to close or protect the position, or to ignore it if it has already been executed.
**Disclaimer**: The information provided in this analysis is for educational purposes only and should not be considered financial advice. Trading involves risk, and you should only invest what you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a financial advisor before making any trading decisions.
A new RAG-GPTo4 Thesis Investment BTC Hi Traders! I am telecom engineer and I make a RAG-GPT-o4 trading scalper with more than 10.000 data each 25 minuts.
I hope that help you.
As a scalping trader focusing on Bitcoin (BTC), the current market conditions present a nuanced landscape for intraday trading. The analysis of various indicators and market sentiment suggests a cautious approach, with potential opportunities for both long and short positions depending on the evolving market dynamics.
Market Analysis
The open interest for BTC has shown fluctuations, with a notable increase in the 1-minute and 5-minute intervals, indicating heightened trading activity. The weighted funding rate remains slightly negative, suggesting a bearish sentiment among futures traders. Liquidation data reveals a mix of long and short liquidations, with a slight bias towards long positions being liquidated, reinforcing the cautious sentiment.
Binance's trading data indicates strong trading volume in the 1-minute and 5-minute intervals, with a slight decrease in the 8-hour interval. Top experts, including CryptoCapo and The Wolf of All Streets, suggest a mixed outlook—some advocate caution due to overbought conditions, while others see potential for a breakout if resistance levels are breached.
CoinMarketCap reports a 24-hour trading volume of $35 billion for BTC, with a circulating supply of 18.8 million BTC and a market cap of $1.27 trillion. Robust trading volume in the 1-minute and 5-minute intervals indicates active trading and potential for scalping opportunities.
Sentiment analysis
Reveals a predominantly neutral sentiment towards BTC, with slight bearish undertones. Top sentiments include "caution," "volatility," and "opportunity," reflecting the current market conditions.
Technical Analysis
The technical indicators for BTC present a mixed picture. Momentum oscillators suggest neutral momentum, indicating neither strong buying nor selling pressure at this time. Trend indicators point to a weak trend, suggesting that the market may be consolidating. The price is currently near the upper Bollinger Band, which could signal potential volatility and the possibility of a reversal or breakout.
Key support levels are identified at $67,500 and $67,200. These levels may act as safety nets if the price experiences a downturn, providing potential entry points for long positions upon confirmation of a bounce. Resistance levels are noted at $68,200 and $68,500. A break above these levels with strong trading volume could indicate the continuation of the bullish trend, while failure to do so may result in a pullback.
Given the overbought conditions and the price's proximity to resistance levels, it is advisable to monitor the market closely for signs of a breakout or reversal. Traders should be prepared to adjust their strategies accordingly, considering both long and short positions based on real-time market developments.
Trade Recommendation
Action: Hold Buy
Confidence Level: 72% (75%-100%)
Current Price: $67,809.99
Stop Loss: $67,600
Take Profit: $68,200
Exit Point: $68,000
