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BTCUSDT is showing signs of a short-term declineWith the current price of 66850, BTCUSDT is showing signs of a short-term decline. This is evidenced by decreasing trading volume and bearish momentum indicators, suggesting a potential downturn in price. Additionally, there are indications of an impending significant correction, highlighting the possibility of a period of consolidation in the near future. Traders should exercise caution and monitor price movements closely.
Short
by SafeCryptoSignals
4
BTC/USDT Outlook ICT ConceptsBitcoin (BTC/USDT) Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on BTC/USDT, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡 Previous Analysis Review: We expected the price to expand lower after a brief retracement higher, which it did. The price has since swept some key liquidity levels. 📍 Current Market Overview: The current price is around 61,932.00. The price has swept the previous week low (PWL), taken out some sell-side liquidity (SSL), and tapped into a Daily Fair Value Gap (FVG). Additionally, it is inside a weekly FVG. 🔍 Identifying Key Levels: • PMH: Previous Month High • PWL: Previous Week Low • PWH: Previous Week High • PML: Previous Month Low • BSL: Buy-Side Liquidity • SSL: Sell-Side Liquidity • Daily FVG: Daily Fair Value Gap, highlighting areas of imbalance on the daily timeframe • Weekly FVG: Weekly Fair Value Gap, indicating areas of imbalance on the weekly timeframe 📊 Key Considerations: SMT at the Lows with ETH/USDT: BTC has formed higher lows while ETH has formed lower lows, indicating potential bullish divergence. Daily and Weekly FVG Interaction: The price has tapped into a Daily FVG and is inside a Weekly FVG, suggesting potential support. 📈 Bullish Scenario: Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met: • Retracement Higher: We can expect the price to have a retracement higher from here to some key levels or lower time frame low resistance levels. • Targeting Key Levels: The price could aim for the FVG above and possibly sweep minor buy-side liquidity before deciding on the next move. 📉 Bearish Scenario: A bearish scenario should be considered if the following conditions are met: • Failure to Hold Support: If the price fails to hold the support provided by the Daily and Weekly FVG, we might see a continuation lower. • Clearing Buy-Side Liquidity: For any bearish scenario, we need either one of the key buy-side levels to be taken or create some low resistance buy-side liquidity on lower time frames and sweep them, after which we could aim for lower prices. 📊 Chart Analysis Summary: • Bullish Expectation: The expectation is for the price to potentially retrace higher from the current levels, targeting the FVG above or some lower time frame low resistance levels. • Bearish Expectation: For a bearish scenario, we need to see a failure to hold the current support levels and potentially clear some buy-side liquidity before considering lower targets. 🙏 Thank you for joining us! Exploring BTC/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
5
#BTCUSD/H4. What opportunities are there for BTCUSD and Bitcoin?BTCUSD long-term analysis: After establishing a new peak at 70000; BTCUSD has dropped sharply to the previous support area of 63500, where a correction towards 64800-65000 is occurring before continuing the downward trend. There is a high possibility that BTCUSD will form a bottom around 61000-61500 and move back up. Recommended orders: Plan 1: SELL BTCUSD zone 64800-65000 SL 65300 TP 63300-62300-61000. Plan 2: BUY BTCUSD zone 60900-61100 SL 60600 TP 62000-65000-69000.
COINBASE:BTCUSD
by wetdyerap
BITCOIN - TRUMP ENDORSES BITCOIN AS US CRITICAL RESERVE - CM101BITCOIN / USD TA To provide a technical analysis of Bitcoin based on the chart, let's focus on key elements such as trend lines, chart patterns, and Fibonacci retracement levels: 1. Fibonacci Retracement Levels: - The Fibonacci retracement levels marked on the chart indicate significant price levels where Bitcoin may find support or resistance. We do not believe that we will see such levels any time soon though... These levels are: - 0.236 at approximately $21,849 - 0.382 at approximately $27,207 - 0.5 at approximately $32,484 - 0.618 at approximately $38,784 - 0.786 at approximately $49,919 2. Chart Patterns: - The chart shows a descending channel where Bitcoin has been consolidating. - The breakout from this descending channel is crucial. The chart indicates a potential breakout to the upside. 3. Support and Resistance Levels: - The immediate resistance level is around $68,846 (the previous high). - There is support at approximately $62,500, which is indicated by the red line and the lower boundary of the descending channel. - Further support levels are aligned with the Fibonacci retracement levels mentioned above. 4. Trend Analysis: - The overall trend appears to be bullish as Bitcoin has been making higher highs and higher lows since the bottom in early 2023. - The breakout from the descending channel could signal a continuation of this bullish trend. 5. Price Projections: - If Bitcoin breaks above the $69,000 resistance level and sustains the momentum, the next major psychological level is around $77,000. - In a highly bullish scenario, the price could target the $100,000 mark, as indicated by the green projection on the chart, by end of September as previously suggested. 6. Potential Bearish Scenario (Unlikely, but nothing is off the table): - If Bitcoin fails to break out and falls below the $62,500 support level, it could retest lower Fibonacci levels. The first significant support in this scenario would be around $49,919 (0.786 Fibonacci level). Summary - Bullish Scenario: Breakout above $69,000 with targets at $77,000 and potentially $100,000. - Bearish Scenario: Failure to break out and a drop below $62,500 with possible retests of $49,919 and lower Fibonacci levels. Recommendations: - For Bulls: Watch for a confirmed breakout above $69,000 before entering long positions. - For Bears: Monitor the $62,500 support level closely for potential short opportunities if the price breaks down. Not financial advice, just what we see playing out on the charts.
BITSTAMP:BTCUSDLong
by CryptoManiac101
BITCOIN - TRUMP ENDORSES BITCOIN AS US CRITICAL RESERVE - CM101BITCOIN / USD TA To provide a technical analysis of Bitcoin based on the chart, let's focus on key elements such as trend lines, chart patterns, and Fibonacci retracement levels: 1. Fibonacci Retracement Levels: - The Fibonacci retracement levels marked on the chart indicate significant price levels where Bitcoin may find support or resistance. We do not believe that we will see such levels any time soon though... These levels are: - 0.236 at approximately $21,849 - 0.382 at approximately $27,207 - 0.5 at approximately $32,484 - 0.618 at approximately $38,784 - 0.786 at approximately $49,919 2. Chart Patterns: - The chart shows a descending channel where Bitcoin has been consolidating. - The breakout from this descending channel is crucial. The chart indicates a potential breakout to the upside. 3. Support and Resistance Levels: - The immediate resistance level is around $68,846 (the previous high). - There is support at approximately $62,500, which is indicated by the red line and the lower boundary of the descending channel. - Further support levels are aligned with the Fibonacci retracement levels mentioned above. 4. Trend Analysis: - The overall trend appears to be bullish as Bitcoin has been making higher highs and higher lows since the bottom in early 2023. - The breakout from the descending channel could signal a continuation of this bullish trend. 5. Price Projections: - If Bitcoin breaks above the $69,000 resistance level and sustains the momentum, the next major psychological level is around $77,000. - In a highly bullish scenario, the price could target the $100,000 mark, as indicated by the green projection on the chart, by end of September as previously suggested. 6. Potential Bearish Scenario (Unlikely, but nothing is off the table): - If Bitcoin fails to break out and falls below the $62,500 support level, it could retest lower Fibonacci levels. The first significant support in this scenario would be around $49,919 (0.786 Fibonacci level). Summary - Bullish Scenario: Breakout above $69,000 with targets at $77,000 and potentially $100,000. - Bearish Scenario: Failure to break out and a drop below $62,500 with possible retests of $49,919 and lower Fibonacci levels. Recommendations: - For Bulls: Watch for a confirmed breakout above $69,000 before entering long positions. - For Bears: Monitor the $62,500 support level closely for potential short opportunities if the price breaks down. Not financial advice, just what we see playing out on the charts.
BITSTAMP:BTCUSDLong
by CryptoManiac101
ORAIUSDT's Promising Ascent: A Deep Dive into Its Recent The recent price surge of ORAIUSDT to 7.670 has captured the attention of investors and analysts alike, marking a significant milestone in its market journey. This upward trend can be attributed to a combination of technical indicators and broader market dynamics. The Relative Strength Index (RSI), a popular momentum indicator, has shown a bullish divergence, suggesting that the buying interest is overpowering selling pressures. Moreover, the Moving Average Convergence Divergence (MACD) indicator has crossed above the signal line, which is often interpreted as a bullish signal that indicates potential for further gains. Additionally, ORAIUSDT's trading volume has witnessed a substantial increase, pointing towards heightened investor interest and market participation. This surge in volume often precedes or accompanies price increases, reinforcing the notion of a sustained rally. The broader market sentiment around altcoins has also been favorable, driven by growing optimism in the cryptocurrency space and renewed interest in decentralized finance (DeFi) projects. Fundamentally, recent developments within the ORAI ecosystem, such as strategic partnerships and technological advancements, have strengthened investor confidence. The project's focus on innovation and scalability could be a driving factor behind the price increase. Moreover, positive news coverage and social media buzz have further fueled the upward momentum, drawing in retail and institutional investors alike. While the current price level of 7.670 is impressive, traders are keeping a close watch on key resistance levels, anticipating potential consolidation or continuation patterns. The recent bullish run of ORAIUSDT serves as a testament to the dynamic and rapidly evolving nature of the cryptocurrency market, offering both opportunities and challenges for market participants. As ORAIUSDT continues to navigate this bullish phase, investors remain cautiously optimistic, looking for signs of sustained growth and long-term value creation.
Long
by SafeCryptoSignals
BTC/USDT Outlook ICT ConceptsBitcoin (BTC/USDT) Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on BTC/USDT, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡 Previous Analysis Review: In the previous analysis, we anticipated the price to expand higher after sweeping the liquidity of the previous month's low and the sell-side liquidity below that level. This bullish outlook has continued to hold up until now. 📍 Current Market Overview: The current price is around 68,184.01. The previous week's high has already been taken, and the price is close to sweeping the buy-side liquidity (BSL) at higher levels. 🔍 Identifying Key Levels: • PMH: Previous Month High • PWH: Previous Week High • PWL: Previous Week Low • BSL: Buy-Side Liquidity • SSL: Sell-Side Liquidity • SMT: Smart Money Technique • Daily FVG: Daily Fair Value Gap, highlighting areas of imbalance on the daily timeframe 📊 Key Considerations: • Current Price Position: The price is trading around 68,184.01, close to sweeping the buy-side liquidity. • Key Levels Swept: The price has taken out the previous week's high and is near the BSL. • Potential Retracement: After sweeping the BSL, a retracement back into the previous week's low or the FVG above it is anticipated. • SMT with ETHUSDT: The Smart Money Technique (SMT) with ETHUSDT indicates a bullish outlook, suggesting that the lows below the SMT may act as protected levels. 📈 Bullish Scenario: Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met: • Retracement to Key Levels: After sweeping the buy-side liquidity, the price retraces back into the previous week's low or the FVG above it. • Protected Lows: The SMT with ETHUSDT suggests that the lows below the SMT may act as protected levels, supporting a bullish continuation. 📉 Bearish Scenario: A bearish scenario is likely if the following conditions are met: • Sweep of BSL: The price sweeps the buy-side liquidity, indicating a potential reversal and bearish movement. • Failure to Hold Above Key Levels: If the price fails to hold above the key levels and starts to decline, further bearish movement is likely. 📊 Chart Analysis Summary: • Bullish Expectation: The expectation is for the price to potentially sweep the BSL, retrace back into the previous week's low or the FVG above it, and then continue higher. The SMT with ETHUSDT supports a bullish outlook. • Bearish Expectation: If the price sweeps the BSL, it could signal a bearish scenario. If the price fails to hold above the key levels and breaks below the recent lows, further bearish movement is anticipated. 🧠 SMT Explanation Smart Money Technique (SMT): SMT divergence occurs when two correlated assets, such as BTCUSDT and ETHUSDT, exhibit different price behaviors at their respective lows. In this case, ETHUSDT created a lower low, while BTCUSDT made a higher low. This SMT divergence indicates a bullish scenario for BTCUSDT, suggesting that the lows below the SMT may act as protected levels. 🙏 Thank you for joining us! Exploring BTC/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
BITCOIN ( TRADING INSIDE DESCENDING CHANNEL ) (4H)BINANCE:BTCUSDT.P HELLO TRADERS Tendency , the price inside two turning level at 65,475 & 63,714 . TURNING LEVEL (1) : the price of this level at 65,475 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 63,714 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 68,149 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 71,671 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) . SUPPORT LEVEL (1) : this level around 60,758 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 56,890 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 63,994 , have two scenario , first corrective 65,475 , before dropping to touch a 63,714 , then 60,758, second corrective 63,714 to reach a 65,475 , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 68,149, 71,671. SUPPORT LEVEL : 60,758 , 56,890 .
BITSTAMP:BTCUSD
by ArinaKarayi
BTC if can break up higher ,e.g. 60k..pullback will be longTradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. If 60k can be cleared, the subsequent pullback will be looking for long. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
ICMARKETS:BTCUSDLong
by Shadowing_The_Big_Boys
Bitcoin Outlook ICT Concepts💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on BTC/USDT , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 🔍 Identifying Key Levels The chart highlights several significant levels and zones that influence the current market behavior: • PMH & PML: Previous Month High and Low, serving as significant resistance and support levels. • Weekly FVG: Weekly Fair Value Gap, indicating areas of market imbalance. • Minor BSL & SSL: Minor Buy-side and Sell-side Liquidity, points where traders place their buy and sell orders. • IFVG: Inversion Fair Value Gap, indicating a shift in market sentiment. 📊 Key Considerations • PML and SSL Swept: The price ran through the previous month low and the sell-side liquidity, as anticipated from the previous analysis. • Respecting Weekly FVG: The price respected the weekly Fair Value Gap at the bottom of the chart, indicating strong support. • Creation of IFVG: The creation of the Inversion Fair Value Gap (IFVG) signifies a potential shift in market sentiment. • Consolidation and Liquidity Creation: The current market is consolidating and creating liquidity, setting up potential future moves. 📈 Bullish Scenario Given the recent price action and key considerations, the bullish scenario is favored: • Consolidation Phase: The price is currently in a consolidation phase, creating liquidity in the market. • Targeting Minor Liquidity Levels: The price is expected to reach any of the minor buy-side or sell-side liquidity levels. • Positioning Based on Minor Liquidity Levels: After reaching the minor liquidity levels, traders can look for potential positions based on the market's reaction. 📈 Lower Time Frame Confirmation for Bullish Scenario: • Create Low Resistance Liquidity: On a lower time frame (e.g., 1-hour or 15-minute chart), look for the creation of low resistance liquidity (LRL). This typically appears as small retracements or consolidations within the larger bullish move. • Identify Key Entry Points: Use these LRL zones as potential entry points for long positions, targeting higher time frame resistance levels. 📉 Bearish Scenario While the current sentiment appears bullish, a bearish scenario should also be considered: • Failure to Hold Weekly FVG: If the price fails to hold above the weekly Fair Value Gap, it may revisit lower support levels. • Break of Minor SSL: A break below the minor sell-side liquidity levels could signal further downside movement. 📉 Lower Time Frame Confirmation for Bearish Scenario: • Create Low Resistance Liquidity: On a lower time frame, look for the creation of low resistance liquidity zones. These appear as small rallies or consolidations within the larger bearish move. • Identify Key Entry Points: Use these LRL zones as potential entry points for short positions, targeting lower time frame support levels. 📊 Chart Analysis Summary The market respected the weekly Fair Value Gap at the bottom of the chart, creating an Inversion Fair Value Gap ( IFVG ) and leading to an expansion higher, as anticipated. Currently, the price is in a consolidation phase , creating liquidity in the market. The expectation is for the price to reach any of the minor liquidity levels, after which traders can look for potential positions based on the market's reaction. The key levels and zones identified in the chart will play a crucial role in determining the future price direction. Understanding these key levels and the current market behavior helps in making informed trading decisions. 🙏 Thank you for joining us! Exploring BTC/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin