Btcusdanalysis
BTCUSDT🔍 BTC/USDT Analysis: 1-Hour Timeframe 📉
The BTC/USDT chart on a 1-hour timeframe reveals significant upcoming dates where price movements may present trading opportunities. As always, it’s crucial to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market.
• August 31, 2024, 16:00 - Red Line: This time marks a potential local peak. Traders might consider this as a moment to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• August 27, 2024, 22:00, and September 2, 2024, 07:00 - Green Lines: These times suggest potential local lows. Traders may find favorable conditions to accumulate BTC or consider entering long positions.
When working within this 1-hour timeframe, remember that these movements should be evaluated with a global perspective, incorporating insights from higher timeframes to better understand the overall market trend.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
#Bitcoin 1D chart updated#Bitcoin 1D chart;
Bitcoin is likely to touch the upper red trend line in the short term.
Let me explain why I think so, based purely on technique, far from the < emotional thinking > that I always underline, so that it is not in the air;
< ChoCh > is also known as a trend direction change. The fact that it broke the uptrend with a hard momentum candle and then unwound to the IMB area in this region, where it can hold for now, reveals this possibility.
However
The levels indicated by the orange circles are critical.
The orange circle on the left is the highest peak of the previous month. Naturally, it is the first important hurdle to cross for now. This is the 70k level . If a close above it comes, then we can talk about bullishness. For now, we can state that no chart based on rockets and flames has any basis in reality, as we have no data to suggest that it can break here hard.
What happened at the previous highs?
Not only were the highs not broken, but the downtrend line (red) also worked as resistance.
There is no reason why the same scenario cannot work again (for now).
Of course, it should not fall below the IMB level first. If this happens, the previous monthly low below will be tested.
BTC Faces Resistance and ADA Coin Struggles SHORT...Bitcoin (BTC) continues its fluctuating movements, unable to surpass the $65,000 resistance for the second time. Despite a generally positive outlook in the crypto markets, the third-quarter performance has historically been the weakest period of the year. BTC remains calm despite several promising developments.
Bitcoin PA since 2014 and ONE Trendline = Crucial Time nowIt cannot be much simpler than this.
One Trendline that Pa needs to remain above and that is has Dropped below only Twice previously.
And it has only just managed to get back on to that Trendline.
If we Zoom in, we can see that we aer bang on that line
Since 2024, Bulls have pushed and pushed and we have been fighting a hard battle with TradFi to get back on top. The tussle, The Tug of war continues.
If we Zoom in further and use Candles, it is very clear what needs to happen right now and, if we are honest, how fragile things could become
The Arrow here is pointing towards this weeks candle that just opened, Bang on that line and is currently Red. The Validity of this line os confirmed by thos eLong wicked Candles 3 weeks ago, testing it..We then broke through and Now, we retest it as support.
We need to keep this position above.
BTC BITCOIN Technical Analysis and Trade Idea👀👉 I'm keeping a close eye on BTC right now. We’re seeing a market structure break with a higher high on the chart, along with the potential formation of a base that could lead to further upward movement. If market conditions align as discussed in the video, I'll be considering a buying opportunity.
This analysis focuses on key aspects of technical analysis, such as trend identification, price action, and market structure. We’ll also discuss a potential trade setup and examine strategies that could increase the chances of success.
Please keep in mind that this analysis is for educational purposes only and should not be taken as financial advice. The observations are speculative and do not guarantee future market outcomes. It’s important to verify current price actions before making any trading decisions.
This presentation provides a comprehensive review of the current trend, market structure, and price dynamics. However, it's important to recognize that while the information is educational, it does not guarantee trading success. Trading in the foreign exchange market carries significant risks, and we strongly advise using sound risk management techniques in all your trades.
We encourage you to do thorough research and carefully consider all factors before making any trading decisions. Stay informed, exercise caution, and approach the markets with a well-thought-out strategy. 📊✅
BTCUSDT RANGEBTCUSDT is once again in a range...
I am currently in a LONG position on BTCUSDT so luckily I am already in profit on this trade as I entered on the BIG VOLUME CANDLE.
Once again, that is what we are looking for, either candles with LARGE VOLUME going long, or short.
This is a perfect time to move up our SL and liquidate some of the position, as RANGES leave you in unknown territory.
BITCOIN Is Bullish! Heading To the Highs!After breaking the ATH (All Time High) in March, BTC has formed the a huge Bear Flag, incrementally retracing to a Weekly bullish FVG (Fair Value Gap). The +FVG has proved to be resilient, holding price from going lower... and now price is rallying from said +FVG.
Friday, price formed another +FVG on the Daily TF. This is the bullish indicator I look for to get a sense of the order flow. Should price pullback into the Daily +FVG, it will use it to move higher toward the ATH.
ICT has taught that price will move towards the "smooth edges" when seeking liquidity. Look at the path to the ATH. It is a series of highs that at relatively close together. Compare that to the lows. Price had a hugh heat seeking liquidation wick to sweep the sell side liquidity before moving higher.
The liquidity pools are above now.
Price moves from IRL->ERL->IRL. This is how a trend works. HH->HL->HH.
Price is now moving from Internal Liquidity (FVGs) to External Liquidity (HIghs/Lows). This is how the market moves. It's all about the liquidity.
BTC got stuck at $64k.Hello traders,
Here's a quick update on BTC in the 2-hour timeframe.
BTC recently rallied up to FWB:65K and formed resistance at $64.4k. So far, BTC has maintained support at $63.9k and is continually attempting to break above the resistance.
The RSI is losing momentum, with a decline in the graph indicating a bearish sentiment.
BTC needs to break above the $64.4k resistance to continue the rally. A rejection will likely pull the price down to $61.5k, where we have a support trendline.
Make sure to do your own research and analysis before investing.
Regards,
Team Dexter.
BTC broke out of its 2-3 weeks rangeHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
BTC is in downwards channel. if bullishness persist and with weak USD. could see it testing 68-69k area.
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!
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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.
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Bitcoin - Buyers Are Still In ControlBITSTAMP:BTCUSD is reversing every single rejection of the previous all time high which we saw over the past couple of months, clearly showing that buyers are still overall in control of Bitcoin.
Click link above to see detailed analysis 👆🏻
For a couple of months in a row, Bitcoin has been retesting the previous all time high which was created back in 2021 but was not able to break it towards the upside sustainably. However it is quite likely that we will soon see a bullish breakout considering that investors are literally buying every single dip and traders are too hesitant to sell their positions.
Levels to watch: $60.000
Keep your long term vision,
Philip - BasicTrading
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.
Crypto and Bitcoin Market Update - Price Forecasts and MoreIn this video, I cover where I think the markets go next, including Bitcoin, ETH and Solana.
And how the NASDAQ:IBIT has become similar to the !CME in terms of how price tends to fill any gaps.
Nobody else is talking about this, but see for yourself and start tracking the IBIT gaps on a 4 Hour chart -- You'll be amazed.
I also share potential paths, likely a dip first, then push higher toward ATH.
And a new study I've been refining based on liquidity and timing cycles, showing we're very close to a major move upward in Bitcoin and the rest of the market.
Howerver, I feel the biggest bang for your $ will be BTC, SOL, and ETH from here.
Let me know what you think, and please like the video.
Bitcoin Update: Possible ScenariosBitcoin has been in consolidation mode for about 6 months, and now it's almost time to make a decisive move.
Considering the market structure, including the highs and lows, I expect BTC to make another low before heading towards a new ATH. We have two important main support levels at $44K and $37K, where the price could bounce back in case of a market crash in the upcoming month.
I find the scenario of support at $37K more probable than the other two scenarios:
a bounce back from the $44K level
or in a bullish scenario, breaking the last high at $70K to make new highs towards $100K
DYOR
BTC Technical analysis:Bitcoin's 2-hour chart shows a period of consolidation after a notable dip and subsequent recovery. The price is currently holding above $60,000, indicating some stability, but the RSI is hovering around 50, suggesting a lack of strong momentum in either direction. The MACD shows a bearish crossover with the histogram in the red, which could signal potential downward pressure if bulls don't step in soon. However, the overall picture suggests we're in a wait-and-see phase, with price action potentially coiling for a bigger move. Keep an eye on key support levels around $58,000 and resistance near $62,000.
BTC Trend AnalysisCRYPTOCAP:BTC is currently trading around $60,410 after a recent drop from the $61,000 level. The 1-hour chart shows that BTC faced resistance near $61,500, leading to a downward correction. Immediate support is found around $60,000, with a further drop possibly targeting the $59,000 level. On the upside, a break above $61,500 could push BTC towards the next key resistance at $63,000. The market is currently indecisive, so keep an eye on these levels for potential breakout or breakdown signals.
BTC USD Daily trades// scalp setup long# hello TRADERS , hope you’re doing well
This our scalp setup for today no further analyses of the entry since this position is lower-timeframe Based
######### POSITION SETUP ########
recommended leverage: X5
ENTRY POINT :60374
SL:59666
TP:61870
### Not financial advice disclaimer ###
#You can use leverage at your own responsability and according to your risk management strategy
## remember to stay informed and make decisions based on your own research. always, trade with caution
## Do not forget to put Stop loss for your positions
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