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Bitcoinlong

$BTC | Buy Trade 1D | Buy Limit |Technical Confluences: - Price action is condolidating at the mid of downward parallel channel - Targeting the price action to move towards the area of resistances (Interest Zones, Lower-Bound of Parallel Channel, Horizontal Trendline & 50% Fibo Retracement level) - Elliot Wave 4 completed or will it extend and then, aim for the 100% Fibo Extension line @ 93,359 to complete Wave 5 Fundamental Confluences: - It's Bitcoin; it can go to whatever level it wants. - Many disagree and feel it will replace fiat. IMO, not in the near term and it will be many more moons before it happens. In the meantime, it's my speculative asset, Lol. - As the world embraces more of the blockchain adoption, Bitcoin hype will still remain. ________________________________ CRYPTOCAP:BTC orders set at the Buy Limit zones. Patiently waiting. Remember, DYOR. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
BINANCE:BTCUSDLong
by weekendanalyst
Bitcoin Rises Above Key Levels, Eyes All-Time HighBitcoin has bounced back, moving past important support levels and the 200-day Exponential Moving Average (EMA). Analysts predict a small drop in the short term, which could be a good time to buy before Bitcoin resumes its upward climb. Many believe Bitcoin will soon reach or even exceed its highest price ever, signaling a positive trend in the cryptocurrency market. BTCUSDT (1D Chart) Technical analysis BTCUSDT (1D Chart) Currently trading at $62800 Buy level: Above $60700 Stop loss: Below $55500 TP1: $63800 TP2: $65000 TP3: $68000 TP4: $70000 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
1
BTC is filling the CME Gap. Bullish or Bearish?Hello Traders, In this video, I dive deep into the current market landscape, focusing on several key aspects that are crucial for developing our trading strategies. First, we'll discuss the CME Gap and explore how this gap might influence market movements. Next, we take a closer look at the trend direction and analyze how it has evolved in recent days and what it could mean for upcoming trading opportunities. I'll show you how to identify the trend and incorporate it into your strategy. Another essential topic we'll cover is confirmations: I'll explain how to ensure that your trade is on solid ground and how to avoid unnecessary risks. Finally, I present two different trade ideas and share my expectations for these setups. You'll learn about the scenarios I envision and how I plan to respond to various market developments. Join me as we delve into chart analysis and learn how to apply this information to your own trades!
by SerenityEquity
1
DON'T LOSE HOPE: BTC LOVES DecembersOver the past few years, BTC has shows affinity for Decembers. If you've been following for a while, you'll know I've been on about this "multi-month" cycle that eventually leads to another BTC ATH before the bearish cycle starts. And it's been exactly that - a mulltimoth period of sideways trading and corrections. However, considering how BTC usually increases in Decembers I'm inclined to say we may yet see our final ATH in the last quarter of the year; specifically towards the end of the year. Currently in the 4h, we can see a strong V-shaped recovery after a dip to 49 000. The dip doesn't bother me in the least bit, because this is the original target I had from Elliot Wave analysis months ago: We're still making higher lows, and even if we trade just over and under 60K for a period I will sleep easy. _______________________________ BINANCE:BTCUSDT
Long
by CryptoCheck-
2
Alt Coin Holders are about to become RICH! ALT SEASONBitcoin dominance is topping out and is ready to shed dominance across the market! Expect a hard drop! If the bottom of the wedge is broken then we can expect a major alt cycle! I hope you're READY because alt coins are where the BIG MONEY will be made! Use non-kyc exchange TradeOgre, here is my list of coins to accumulate now! GHOST DAG Coins / $:CAS $:NXL $:SDR $:NTL $:HTN / Tickers are not on trading view All coins across the market will rally together when the dominance melts! My eyes are set on projects that utilize Ghost DAG, Similar to $KASPA
CRYPTOCAP:BTC.DLong
by IIISevens
8
Bitcoin on 4h timeframe - technical analysisFalling Wedge Pattern: The chart shows a clear falling wedge pattern, which is generally considered a bullish reversal pattern. The price has broken out of this wedge to the upside, indicating potential for a significant upward movement. Support and Resistance Zones: The chart features multiple horizontal zones marking areas of support and resistance. The price appears to have found support around the $48,000 to $50,000 range and is currently rebounding. Resistance levels seem to be marked around the $60,000 to $64,000 and $72,000 to $76,000 ranges. Indicators: Volume: There is a noticeable spike in volume at the breakout point, suggesting strong buying interest. VMC Cipher B Divergences: This indicator shows some bullish divergence, with momentum turning upwards after a period of decline. RSI (Relative Strength Index): The RSI appears to have bounced from an oversold region, moving towards the neutral or slightly bullish zone. Stochastic RSI: This indicator is currently moving upwards from an oversold condition, supporting the bullish outlook. Trading Plan Intraday Trading: Entry: Look for pullbacks to the support zone around $50,000-$51,000 for potential long entries. Monitor lower time frames (e.g., 15-minute charts) for confirmation of upward momentum. Stop-Loss: Place a tight stop-loss slightly below the most recent support level, around $49,500 to minimize risk. Targets: Consider taking profits near the next resistance level around $54,000-$56,000, or scale out at multiple levels if momentum remains strong. Scalping: Entry: Focus on entering trades during dips within the intraday support levels, ideally using lower time frame indicators such as the Stochastic RSI to identify oversold conditions. Stop-Loss: Keep a very tight stop-loss to minimize risk, ideally below recent short-term lows. Targets: Aim for quick profits, targeting smaller moves within the $1,000-$2,000 range. Exit positions if momentum starts to fade or if price approaches intraday resistance. Swing Trading: Entry: Consider entering a long position now or on a slight pullback, as the breakout from the falling wedge and the positive indicators support a bullish outlook. Stop-Loss: Place a stop-loss below the recent swing low at $48,000 to protect against any false breakouts. Targets: First target around $60,000-$62,000, with a potential to hold for a move towards $72,000-$76,000 if the momentum continues. The current technical setup for Bitcoin suggests a bullish outlook with potential for significant upward movement after the breakout from the falling wedge pattern. For Long Positions: Consider entering on pullbacks or current levels, with a stop-loss placed below key support areas to manage risk. Targeting the next resistance zones for profit-taking is advisable. Be cautious of any sudden reversals and adjust stop-losses accordingly to lock in profits as the price moves higher. This analysis favors a long position strategy based on the bullish breakout and supportive indicators. However, staying updated with market news and sentiment is also crucial, as sudden market changes could impact this outlook.
Long
by elfabiiani
Bitcoin Daily Timeframe - Daily UpdatesBitcoin is currently trading at transition prices. I am sharing a chart that highlights key price levels and potential scenarios for both short and long positions. I will provide daily updates on BTCUSD. Key Price Levels: Using the Fibonacci series: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, we derive the following levels: 0.5*(55+89)=72 72−55=17 0.5*17=8.5 Thus, the key levels are: 55K, 63.5K, 72K, 80.5K, and 89K. Long Scenario: The current price is 68.2K. According to the downtrend line, the main resistance is at 72K. If Bitcoin penetrates this level, it opens the path to the first target of 80.5K and the second target of 89K, which is the upper side of the uptrend channel on the weekly timeframe. Short Scenario: If Bitcoin fails to penetrate the 72K level, it will likely retest the support at 63.5K. I will provide updates as the situation evolves.
CRYPTO:BTCUSDLong
by Eymen-GUVEN
Bitcoin LongBitcoin is creeping lower and a downtrend appears to be establishing itself in the medium term. But I still think about all-time highs this year. However, I don't currently want to forecast the low before the all-time high. Last week was difficult for long positions. I was stopped out on trailing with small profits and also had a losing trade. I also think that the swing low will remain in the area of ​​53300 on a daily basis and that Bitcoin will take liquidity again for a further price drop for the actual weakness that exists in the market. The big money will get the necessary orders for their shorts. Such a scenario would be possible if the current price is maintained and a second impulse movement follows. Also marked in the Chart. The current trade offers a 3R profit in the short term. And should be closed when the double top and the upper Bollinger band are reached (4 H). Alternatively, for those who are thinking of more upward potential, a gradual scale out and/or trail would be possible on 4 hour swing lows. So the trade could perhaps reach all-time high levels if this was really the low. You can also currently see that a so-called fair value gap has been filled on a daily basis and the price has reached an old value zone. My mapping for the current downward movement shown by the orange box also suggests that the current downward move could be over. So lets see....good trades!
Long
by Edgezone