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Btctrading

Scalping Idea For Trading Bitcoin today {10/03/2024}Educational Analysis says BITCOIN BTCUSD may move in this range for some time according to my technical. Broker - bit stamp This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the 15-minute time frame has made Change of Character show signs of weakness of the bull run, maybe head short selling for discount level in 4 hour time frame, plus 1 min time frame has turned bearish also has Change of Character look on So I will be trading this pair for a 1:15 risk-reward ratio for short selling. Let's see what this pair brings to the table in the future for us. Btc Short at 69,196 Stop loss at 69,556 Take profit at 63,409 Please check the Comment section on how it turned out for this trade. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
BITSTAMP:BTCUSDShort
by VishalBudhrani
BTC…whats coming next ? BTC / USDT BTC is seeing a significant surge in price by more than 13k since my last analysis! (see in the attachment below) ⚜️ CHART ANALYSIS: We can see BTC is moving in a massive ascending channel since 3 years ! The middle-line of channel acted as important S/R key level its also equates the 0.618 fibo level thats why after breaking out this level with strong volume 2 weeks ago, I published my last bullish idea about BTC is targeting 100k ! ⚜️ So whats coming next here : According to my view,Iam bullish and The possible scenarios are: 1- Break ATH first, pullback and continuation toward near 100k 2- Pullback first toward the middle line of channel and then breakout ATH I tried to simplify my view as much as i can Whats ur opinion and thoughts? and what scenario has higher chance for you ? Don't forget to support this analysis and follow for more ideas, setups and analysis Best of wishes.
Long
by Babenski
36
Daily Bitcoin Update - March 5, 2024Yesterday CRYPTOCAP:BTC rose above the light blue resistance zone, and rallied towards previous all time highs around $69k. However, BTC stopped just short of reaching new all time highs at the orange trendline. There has been a pullback and retest of FWB:65K , and BTC is continuing to show some strength this morning with a bullish bounce. I think the price is likely to trade sideways below SWB:69K for now, and we'll see if BTC starts to break down over the next few days. CRYPTOCAP:BTC Attempting a Bullish Retest of $63.9K Here CRYPTOCAP:BTC has started dropping, but BTC is attempting to form a bullish retest of this $63.9k resistance line to flip it into support here. Looks like there will be a bounce and rebound here. I think BTC could continue trading between GETTEX:64K and SWB:69K for now.
BITSTAMP:BTCUSDShort
by realchartchamp
Every Fair Value Gap & Volume Gap For Bitcoin {10/02/2024}Educational Analysis says BITCOIN BTCUSD may move in this range for some time according to my technical. Broker - Coinbase This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because I think It's going to be short selling for Bitcoin this year or up to the end of this year, There is a lot of liquidity as fvg & volume gaps to the downside. Bitcoin Institutional traders have built a lot of liquidity when the price was very low, I think it's time to collect it and after that go for an all-time high. Let's see what this pair brings to the table in the future for us. Please check the Comment section on how it turned out for this trade. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
COINBASE:BTCUSD
by VishalBudhrani
1
Shorting Bitcoin at $62,000Bitcoin bears have been getting wrecked for the past few months, but I think Bitcoin is finally forming a peak here. I'm willing to take my chances and will exit my trade if BTC continues to show bullishness above $64k. So far this week Bitcoin has increased by GETTEX:14K in just 3 days. I shorted at $62k, the price is now above my entry at around $62.9k. I'm comfortable leaving my shorts opened as long as Bitcoin doesn't continue climbing above $63.9k. Ideally I would like to see a strong move down over the next few days. For now I'm still leaving my shorts opened and will see how things are trending later BTC had a rejection near $63.9k and is starting to show some weakness here. I'll give another update later today to see how things are looking. Yesterday I emphasized that the the $61,561 price level is a key price level to monitor, and this remains as my key price level today as well. BTC is trying to find support here and ideally I would like to see a failed support that leads to a drop down lower.
BITSTAMP:BTCUSDShort
by realchartchamp
Was i wrong? BTCI wasn't posting updates on BTC for a reason: nothing is clear yet. Was i wrong? I am short with an avg entry of 53k actually, and yes, i am in loss. I am still holding it. I am holding because we are at major resistance ($51.800 is a major daily resistance) and Greed is Extreme. Honestly, i think this is a trap from ETF funds that are just showing potential profits to new, big clients. As soon as funds will take profits, we could see and massive correction. $50.000 is the first support zone, $42.000/$44.000 is the second main support zone.
Short
by SaliJournal
BTC- They want to Trap you. Do not sell. There is hidden support💵Pair Name : BTC Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Spot Type : Mid Term Swing —————————— They want to Trap you. Do not sell. There is hidden support 💲Don't sell just because of a false breakout There is real strong support at $41,000 ( Buy Spot ) 💲 Then another buying zone with a maximum at $37,600 The increase in buying positions in these areas gives an advantage in the next bull run
BINANCE:BTCUSDLong
by GentleGoldenEngine
3
BTC BITCOIN Technical Analysis and Trade Idea (video)This is a full video explanation of my previous post. #BTC has encountered substantial resistance at both weekly and monthly (1W/1M) timeframes. The 4-hour (4H) chart reveals sideways price action and a formation of a lower high, indicating potential bearish pressure. Expect a retracement targeting the 61.8% - 78.6% Fibonacci zone, derived from a significant daily swing low to swing high. Trade Suggestion: - Monitor for signs of a bearish shift in the trend on the lower time frame to confirm the retracement. - Consider short positions upon breakdown from the current range, targeting the Fibonacci zone. - Stop-Loss: Implement a carefully calculated stop-loss above the recent swing high to manage risk effectively. Disclaimer: This analysis is offered for educational purposes only and should not be interpreted as direct financial advice. Always conduct your own thorough research and implement sound risk management practices before initiating any trades.
OANDA:BTCUSDShort
by fxtraderanthony