short to 54555. As a matter of fact, the price is squeezed in a triangle, we have collected liquidity very well and now we will go down. I'm shorting
**Trade Setup for BTC/USDT (1D, Binance)** - **Trade Type:** Short - **Entry Zone:** $60,300 - $65,300 (Supply Zone) - **Target:** $41,860 (Liquidity Area) - **Stop Loss:** Above $65,300 **Rationale:** - The price is approaching a key supply zone where a reversal due to selling pressure is expected. - Price action is in a bearish structure, with the...
Current Range: BTC is trading within a significant horizontal range between approximately $52,000 (support) and $68,000-$72,000 (resistance). This range has been respected since March 2024, with several bounces between these levels. Descending Channel Breakout: Recently, BTC has broken out of a descending channel pattern (marked by the white lines). This breakout...
#BTC BINANCE:BTCUSDT *** #BTC still in the correction channel since My Expectation from 22 July 2024 . *** #BTC did not reach 50% FIB level for expecting reversal. *** #BTC Whales holding the price in this range (50k --- 70K) to make their bags empty. *** #BTC Whales will drop the price again to ( 50%FIB & 60% FIB. levels ) to buy cheep again before going to...
Current Position: Bitcoin is trading around $58,227, moving within a descending trendline pattern but showing signs of upward momentum as it nears a key horizontal resistance zone between $60,000 and $65,000. The major resistance zone is the brown-shaded area between $60,000 and $65,000. A clear breakout above this zone is necessary for a bullish continuation. ...
CRYPTOCAP:BTC #BTC $56,557 support regained and again testing it! Failed to follow thru on bullish engulfing on 4H, bearish engulfing forming on 1D, RSI on 1D and 4H also suggesting a dip shortly, $54,363 remains support in effect here which could be testing if bearish engulfing on 1D played out. $58,882 support needed to reattempt at $61,953.
BTC is likely headed for a correction, with potential targets at $38K or even $30K. Keep an eye on key support levels and market sentiment for confirmation of this short trade setup. Be prepared for volatility as the market adjusts! 📉 #BTC #Bitcoin #CryptoCorrection"
Beautiful setup for Btc short, lets see if this one is going to go in our favor.:) Worth giving a try.
follow me and boost this idea for daily analysis look at this trend we BO below 56K support zone and pullback compare the momentum of bear side and bull side really do you want buy here? this is just a flag 10 % we have chance of bull BO this is very clear
The BTC/USDT weekly chart shows Bitcoin currently trading near $54,996, testing a descending trendline and a key horizontal resistance zone between $60,000 and $65,000. There is a significant support zone between $43,000 and $46,000, which Bitcoin has respected in the past. This zone could serve as a strong base for a potential bounce if tested. The highlighted...
BTC Trade Idea I expect BTC to hit the GETTEX:49K level, potentially dipping slightly lower as it fills a weekly Fair Value Gap (FVG). This zone will act as a key reversal point, where I anticipate a strong bounce and eventual rally back toward the all-time high (ATH). I’ll also show confluence with the XRP chart, which is presenting a similar bullish...
The BTC/USDT daily chart displays a descending channel pattern with a recent test of the lower trendline, indicating a key support area. The price has recently bounced from the lower boundary near $52,408, showing a potential reversal toward the upper trendline. The critical support level is highlighted at $52,408. A successful defense of this level could serve as...
The chart shows that BTC/USDT is trading within a descending wedge pattern, with price action consistently testing the lower boundary of this pattern. The price is currently sitting at a crucial support level of around $52,408, represented by the green trendline and the horizontal yellow line, which has served as a historical support area. Support and Resistance...
Current Analysis: BTC/USDT is trading within a descending channel on the 2-hour chart, suggesting that Bitcoin is in a short-term downtrend. However, BTC is currently testing the lower boundary of the channel and is showing signs of a potential bounce. The lower boundary of the channel is around $56,200 - $56,500. The upper boundary of the channel near $58,500...
BTC/USDT Analysis: Hourly Timeframe 📊 This chart highlights potential buying and selling opportunities based on forecasted movement of Bitcoin (BTC) on an hourly timeframe. Let’s analyze the key moments indicated by the green (Buy) and red (Sell) forecast lines. 🟢 September 5, 2024, 06:00 AM - Buy Date (Green Line): This is a potential local low, indicating that...
#BTCLONG Being in the market now for long is very nice choice Because 1. stoploss will be so small 2. #btc has to reach range ( 65 963 to 69 375 ) 3. they need to close the month so bearish to trap more beers THINK OUT OF THE BOX CRYPTOCAP:BTC #BTC #BTCUSDT #BTCLONG #ETH CRYPTOCAP:ETH BINANCE:BTCUSDT
BTC is in a tight consolidation range, and the next move could be decisive in the very short term. Keep an eye on key support and resistance levels and watch for volume spikes to confirm the breakout direction. As always, manage risk with appropriate stop-loss levels. This is a quick update for immediate trading decisions, so be sure to monitor closely for any...
Overall, a Short update of the analysis implies a cautiously optimistic outlook with a focus on the $52,408 support level as a crucial point. If Bitcoin can maintain above this level, a bounce towards higher levels within the descending channel is anticipated, with a potential test of the upper resistance line around $70,000. However, if this support fails,...