BITCOIN Short Trade Alert: Pullback Opportunity on 4H ChartBITCOIN (BTCUSD) Technical Analysis:
Bitcoin's 4-hour timeframe is presenting a promising short trade opportunity. The chart signals a potential pullback after testing key resistance levels. This setup is particularly appealing for traders leveraging 5x to 10x positions.
Trade Summary:
Entry Point: $76,549.8
Stop Loss (SL): $76,885.1
Targets:
TP1: $76,135.5
TP2: $75,465.0
TP3: $74,794.5
TP4: $74,380.2
Key Insights:
Trendline Breach: BTC's price action is testing a steep upward trendline, hinting at a potential reversal.
Momentum Shift: Weakening bullish momentum on the higher timeframe adds confidence to the short trade.
Risk-Reward Balance: Tight stop loss above resistance ensures a favorable risk-to-reward ratio.
Leverage Consideration:
5x Leverage: For risk-averse traders aiming for steady returns.
10x Leverage: Suitable for aggressive traders ready to maximize potential gains while managing risk.
Recommendation:
Execution: Enter short positions near the marked entry zone with targets aligned with the support levels.
Stop Placement: Keep the stop loss firm above the $76,885.1 resistance level to avoid unnecessary risks.
Trend Monitoring: Watch for sudden market sentiment changes that may invalidate the pullback.
Conclusion:
This Bitcoin short trade setup offers an excellent opportunity for traders looking to capitalize on a pullback scenario. Leverage wisely, adhere to risk management, and let the strategy play out for maximum gains.
Btctrade
#BTC/USDT / Ready to go up#BTC
The price is moving in a descending channel on the 30-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 74260
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 74854
First target 75485
Second target 76545
Third target 77746
Bitcoin Approaching Key Resistance—Watch for Breakout / PullbackSince the last analysis, Bitcoin has respected the Crucial Support Zones and is now approaching a pivotal point at the Descending Resistance trendline.
We’ve seen a bounce off the support zones, particularly the 1W BISI, which has held firm, and the next move will be decisive as BTC approaches the U.S. Election timeline in early November.
Key Developments:
Bitcoin is approaching the Descending Resistance, with a potential breakout signaling a move towards 76K and beyond.
The 1W BISI (one-week bullish imbalance support) has acted as a strong foundation for this current price action, making the upcoming resistance test a crucial moment.
The RSI is sitting comfortably above 55, showing momentum building up in favor of the bulls.
Strategy Update:
Swing Traders: Look for confirmation of the breakout above the descending resistance. If price holds and closes above this level, a run toward 76K and 80K becomes highly probable.
Scalpers: Stay cautious around the resistance zone. If Bitcoin fails to break out convincingly, a short-term pullback to retest the 1W BISI could provide shorting opportunities.
Key Levels:
Resistance: The Descending Resistance trendline is your key point for watching breakout potential. If BTC breaches this level, expect a rally to 72K and 74K.
Support: The 1W BISI and Crucial Support Zone 1 (around 64K) will act as strong support levels in case of any short-term corrections.
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This setup remains crucial as the U.S. Election date approaches, a point that may trigger increased volatility across markets. Keep your risk management tight and stay flexible as the market prepares for its next major move.
Bitcoin to 100k this year?Hey guyys!
So Trump won the election and we have new BTC ATH!
And I think we all wondering where we can go now?
Let's check the chart and daily we have bullish MA cross, huge volume on this election day.
But, another day volume is not pretty nice and looks like more manipulative movement.
So I think if we will stay long at the ATH level without moving up with descending volumes, we could potentially see some correction.
If we stay above 69k, most likely after this short correction we can go up, if we're not holding this level we can go to 59-63k level.
Cause real rally for me, will happen in 2025.
What's your ideas, guys? Let's discuss in the comments? Are we going to 100k this year or only in 2025?
BTC Breakout Incoming? Key Levels You Can’t MissGood morning, trading family! Bitcoin nailed our target, and now it’s decision time. If BTC breaks $75,600, we’re looking at moves to $77K or even $78,500. But if support at $73,600 doesn’t hold, we could see a pullback to $71,500.
Keep it simple—trade the levels, stay chill, and let the market come to you. It’s all about patience and sticking to the plan.
MINDBLOOME TRADING / KRIS
TRADE WHAT YOU SEE
BITCOIN (BTCUSDT) Hits All Targets! Massive Gains - 20x LeverageBITCOIN (BTCUSDT) Technical Analysis:
Bitcoin surged on the 15-minute timeframe, delivering stellar results as it smashed through all marked targets. The trade, taken on 20x leverage, provided a high-risk, high-reward opportunity for traders utilizing the Risological Swing Trader Indicator.
Trade Summary:
Entry Point: $68,454.9
Stop Loss (SL): $67,631.4
Targets Achieved:
TP1: $69,472.6 ✅
TP2: $71,119.5 ✅
TP3: $72,766.4 ✅
TP4: $73,784.2 ✅
Highlights:
Flawless Execution: Entry was timed to perfection using the Risological Dotted Trendline, confirming a strong bullish momentum.
Leverage Power: The 20x leverage magnified gains exponentially, showcasing the potential of well-executed high-leverage trades.
Strong Trend Support: Bitcoin continued to respect the trendline, providing consistent confidence to hold the trade to its full potential.
Risk and Reward:
While the high leverage trade amplified profits, it also carried significant risks. Only traders with a clear risk management strategy and confidence in the Risological Indicator should consider such setups.
Recommendation:
Book Profits: With all targets hit, locking in gains is prudent.
Monitor Retracement: Bitcoin may test support zones, presenting fresh opportunities for re-entry.
Stay Updated: Use the Risological Swing Trader to stay ahead of market moves and identify the next big trade.
Conclusion:
This Bitcoin trade showcases the power of strategic analysis and disciplined trading with the Risological Indicator. For traders willing to take calculated risks, the results speak for themselves.
BTC/USDT.P update - Post ElectionThere are two potential scenarios currently. One is that we continue to push into price discovery and the bull run officially starts, or we will have a decent pull back that traps all the easy retail loans at the top before the actual bull starts....
I think both are likely and I'm not here to predict, but I am going to prepare for both situations.
I've marked in yellow circle indicating where the pull back is likely to land if we do see one. If we don't, I am already packed with previous accumulations and I'm happy to ride this bull with some left over sideline capital.
It's never a good idea to spend all your resources at any given time, that is like "show hand", you can play it where you always have left over resource to do something and put yourself in an advantage. It is my opinion of course, but it's been working out great for me so far. Trade safely guys, no matter what, something is about to get down LOL. @Nate Alert
Bitcoin's Unstoppable: The next U.S. President won't matter!+67%COINBASE:BTCUSD NASDAQ:IBIT
🚀 Bitcoin’s Unstoppable: The next U.S. President won’t matter! +67% Potential! 🚀
In this video GEM, we dive deep into Bitcoin: Private Link below breakdown!
Disclaimer: The video is long, but it is thorough and informative. Worth a full watch, IMO!
1️⃣ A detailed look at the "High Five Setup" with MASSIVE Multi-Year Cup & Handle and Bull Flag Patterns.
2️⃣ A historical review of CRYPTOCAP:BTC to uncover the characteristics of TOPS and BOTTOMS. Spoiler: We haven’t TOPPED yet!
3️⃣ Potential trade insights, including entry/exit points and price targets.
PRIVATE LINK TO TV VIDEO:
Drop your 2025 Bitcoin predictions in the comments below!
LIKE | FOLLOW | SHARE
STAY TUNED 🔔
Not financial advice.
BTC conclusionAnalysis by Ahmadarz📊
Key Observations:
1. Support Zone:
- 🛡️ A significant support zone is marked around 48,987.22, which has been tested multiple times as indicated by the green arrows.
- 📈 The price has recently bounced from this support, suggesting strong buying interest in this area.
2. Resistance Levels:
- 🚧 Multiple resistance levels are identified at 58,312.00, 62,497.20 - 62,454.00, 68,067.36, 71,773.98, and 76,514.94.
- ❌ These levels are marked with red arrows and have historically acted as barriers to upward movement.
3. Chart Patterns:
- 📉 A descending triangle pattern is evident, typically a bearish pattern. However, the price has broken below the triangle but then recovered, indicating potential bullish momentum.
- 🔄 The chart suggests a possible bullish reversal, with the price projected to move upward after holding above the support zone.
4. Price Action:
- 💹 The current price is 55,530.01, showing a recent recovery from the lows.
- 📊 There is a marked projection showing a potential upward move towards 76,514.94, passing through intermediate resistance levels.
Detailed Analysis:
- Bullish Scenario 📈:
- 🟢 If the support at 48,987.22 holds, the price could see a gradual move upwards.
- 🎯 Immediate targets would be the resistance levels at 58,312.00 and 62,497.20 - 62,454.00.
- 🚀 A successful break above these levels could lead to further upside towards 68,067.36 and beyond.
- Bearish Scenario 📉:
- 🔴 If the price fails to hold the support at 48,987.22, we might see a retest of lower levels, potentially around 43,103.08 or even lower.
- ⚠️ Failure to maintain above this critical support could indicate continued bearish pressure.
Trading Strategy:
1. Entry 🛒:
- Consider entering long positions near the support zone of 48,987.22 with a stop loss slightly below this level.
- Alternatively, wait for a confirmed break above the immediate resistance at 58,312.00 before entering a position.
2. Targets 🎯:
- Initial targets would be the resistance levels at 58,312.00 and 62,497.20 - 62,454.00.
- Extended targets could be 68,067.36 , 71,773.98, and ultimately 76,514.94.
3. Stop Loss🛡️:
- Place stop-loss orders below the support zone at 48,987.22 to manage risk.
Conclusion:
📊 The chart suggests potential bullish momentum if key support levels hold, with several upside targets. However, traders should remain cautious and watch for any signs of weakness at the support levels. External factors and market sentiment should also be considered in conjunction with this technical analysis. 🚀📉💡
BITCOIN HEADING HIGHER! BUCKLE UP!!!COINBASE:BTCUSD NASDAQ:IBIT
🚀BITCOIN HEADING HIGHER! BUCKLE UP!!! 🚀
Bitcoin is unstoppable, and the next U.S. President won’t change that! 🌟 +67% Potential!
In our previous video, we did a deep dive into Bitcoin. Here's what we covered:
1️⃣ High Five Setup: MASSIVE Multi-Year Cup & Handle and Bull Flag Patterns.
2️⃣ Historical Review: CRYPTOCAP:BTC tops and bottoms – spoiler: we haven’t topped yet!
3️⃣ Trade Insights: Entry/exit points and price targets.
We've successfully bounced off the BULL FLAG retest area and are heading higher. Breaking $74k could mean a breakout of the multi-year cup n handle pattern, targeting over $100k! 🚀
It's early on election night, but in the long run, it doesn't matter for Bitcoin. Don’t believe the FUD.
NFA
#Bitcoin #Crypto #TradingStrategy #HighFiveSetup
BTC/USDT.P UpdateIf we ignore the election, we had a bearish weekly candle close this past week so I anticipate a sizeable pull back. If we considering election effects, usually the election week is bearish and then an unconditional rally comes soon after; typically it will last till the end of the year. If this pattern holds true, I would personally hedge a trade to profit on both sides. I'm still long term BTC bullish, but this week, I will consider shorting to hedge against my longs. I have marked a few places where I would take TPs on the short and DCA for my longs for you to reference. Trade safely! @Nate Alert
BTC : Riding Asia Open Volume to the Golden Zone TargetOn the 8-hour chart, I’m targeting an entry to capture potential volume influx as the Asian markets open. I plan to take partial profits along the way, with a target to reach the $71,000 zone, which aligns with the golden Fibonacci retracement level.
Fundamental Context:
This setup is influenced by the buzz around the upcoming U.S. Presidential Election and speculation around Donald Trump’s potential reentry, possibly fueling a “buy the rumor, sell the news” effect. Given the high-impact events surrounding this period, I’m managing risk closely, aiming for strategic exits to maximize profitability within this volatile environment.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
BTC/USDT.P UpdateIf you haven't already, you might want to take advantage of this retrace to start building towards BTC ath breakout that is most likely coming in the near future. Here are some great DCA points you can take advantage of if that is what you would like to do. This is what I'm doing 😄
Trade safely, and remember to play on both sides! @Nate Alert