Btcbreakout
BTC Short Term Swing Short into Bullmarket Long. (56k)In this video, I break down a strategic short-term swing trade that could be catalyzed by the upcoming speech from Federal Reserve Chair Jerome Powell. Such events are known to introduce significant market volatility, offering a prime setup for a potential trade.
We'll analyze key levels that could signal a strong entry point, with a particular focus on a long trade that may pave the way for a broader bullish trend. This analysis aims to position us ahead of market movements, enabling us to capitalize on any emerging opportunities.
Stay tuned as I detail how to approach this setup with precision. If you're looking to enhance your trading strategy and stay ahead of market shifts, this is a must-watch.
Don't forget to follow this channel and enable notifications to stay updated on critical market insights and trading opportunities.
Amazing Unseen BTC Short Setup / Fake Breakout of WedgeThis Chart makes a lot more sense on the daily because the breakout on daily 1 candle
Daily Chart Here:
However the rejection and inability to clearly breakout of 41,639 made me want to post this as it could possibly be a fake breakout from the rising wedge on the daily chart.
I was positive if it hit 41.6K it sky rocket... but it doesn't look to be that way, but time will tell
Resistance 41.6K
Old Resistance - Wedge Line 39K ish follow the cahrt
Older Resistance - 37.9K
BTC Weekly Analysis - Will the price fall to $25,000?BTC has made contact with the top of the Weekly Bull Channel and has come up against some resistance. In my previous 4HR analysis, I showed the potential for a measured move from the 4HR Bull Channel to the Weekly Bull Channel Resistance, we have reached that price of about $38,000. Where do we go from here?
Key Points
1. Bull Channel means we should always be Long.
2. Bitcoin has touched Weekly Channel Resistance
3. Wait for the weekly candle to close below the channel top
4. There is a gap between the current price and 30EMA/200EMA
5. RSI is overbought. A weak indicator on its own but supports #2-#4.
Before trading this chart, the weekly candle needs to close tomorrow to confirm whether or not we are breaking out of the bull channel. I remain neutral until we see that result; however, I am slightly more bearish on the price given #2-#5 of the key points. Also refer to my BTC lifetime analysis where I argue that before every new all-time high, BTC touches lifetime support. We have not yet made contact with lifetime support and believe we have one more fall to $20,000-$25,000 before new all-time highs.
As always, trade at your own risk, you are responsible for your trades. I hope this analysis was insightful and useful.
Trade wisely and let us know what you think in the comment section below!
BTC Continuation upwards it seemsBitcoin broke above 31k and went straight to 35k as we said could happen over three months ago. We are now looking for continuation up to ultimately 42k.
At the 42 k level we will most likely sell most of our holdings that we acquired when we first broke out at 25k. This will claim us great profits and allow us to enter the altcoin markets that are shaping up greatly right now.
The current pattern displays accumulation. We are making higher lows and buying up the wicks on lower timeframes. Watch out for impulse moves, we will not trade this one with leverage for now.
BTC TRIANGLE BREAKOUT WILL IT CONTINUE?Last week, I published my idea about the next massive move of BTC as it enters the crucial stage of the triangle in this chart of BITSTAMP:BTCUSD
At 8 AM ET, we saw a price breakout of BTC from the near 2-year-long diagonal resistance. This leap happened upon the "breaking" news of SEC approval of the iShares Bitcoin Spot ETF application. The coin reached its price of nearly $30,000 before it was deemed to be false.
That causes it to go pump-and-dump and notice that the price movement is still above the resistance as it stabilizes after that hype, which shows the demand from the market as well as respecting the trendline that could potentially be the new diagonal support line of BTC from a technical perspective.
But be mindful that ETF approval news could happen anytime this week and, let's be aware with our trading positions at this time, set areas for stop profits and stop loss because although we're in a slightly bullish trend, we are embracing the world of cryptocurrency, volatilities is observed at any given time, thus invalidating our technical analysis. Take something with a grain of salt.
My next strategy would be a potential bounce play of the coin on the trendline at the $28,000 range. I'm optimistic that the SEC won't deny the Bitcoin ETF applications and consider the false information and the latest market manipulation as their excuse. If denied, we could expect a breakdown from the diagonal line.
Happy trading :)
BITCOIN : The BIG Breakout has just Happened 💹💰💰31070 is now support and this is now the BIG breakout that i have been 'screaming for'
Is Crypto Winter coming to an end? 🐬💰💰
BITCOIN : Big Chart - Big Levels 💹
BITCOIN's Huge LEVEL: 1, 2 3 GO? 🚀
Perfect time to buy, thank you SEC:
'FED Up' for a 'SEC' .... 🤡 They Buy their Own Dips!! 😂🚀
One Love,
The FXPROFESSOR 🎯🤝💰😎
#BTCUSD What's next, rally or crash?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC
BTC again attempted to break the horizontal resistance of the rectangular channel but couldn't close the candle above it and ended up as a fake out.
Now it is again trading below the horizontal resistance. Further consolidation could be expected inside the rectangular channel until a solid breakout or breakdown will happen.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
BTC ANALYSIS#BTC UPATE.
#BTC is now trading in accumulation range where red box then the black line is the resistance.Since we got rejection from the red box area on daily is is most likely that we might see pullback again in btc ,however if btc closes above the red box resistance we are likely to see some upside move from here.
BTC PUMP Comming !!!!!!!Not too much changes in my btc chart.Btc is still holding the major support zone of $30k - $28k . Btc can again test the lower trendline of falling wedge pattern before any pump.We are safe as far as btc is holding the support zone of 30k-28k and the lower trendline of falling wedge pattern .Total Crypto Market cap is also at major support zone OF .If btc will hold this major support zone than it can move towards 33k-37k or more upside move will be possible also{in case of Falling Wedge Pattern upside Breakout}.Total crypto market cap needs to hold its support zone . If Total market cap will lost its support zone , then no one can stop btc to dump towars $24k-$18k area .So, Both of them hold their support zone. For now , dont invest your whole portfolio in coins. must keep some spare funds to do dca in case of BTC&Total market cap support zone broken.i hope this update will be helpful for you. Hit the like button to keep us motivated.
Bitcoin is breaking the daily trend channel.This has not been confirmed yet and wait for the candle to close under it. It can be a fake out to end long positions. Stop losses in all trades.
We get confirmation this week.37150 to 37550 wil be the next support level of btc
After a three day break in the market tonight, we can see the direction of the market. Due to the weakness in the uptrend, I expect a price correction in the most important demand area in the $ 30,000 range. The second scenario is market support from the channel and trend line and up to 50,000. Bitcoin emissions from exchanges have accelerated.