BTC Hit the target without meBTC directly hit my target without any pullback. So it did not hit my limit buy order and my trade idea has been cancelled. Now I am watching it for another buy setup after it makes any pullback. Or if it makes a daily market structure shift then I will look for short setups. I will definitely not touch it now.
Btcusdbuy
BTC Bitcoin Technical analysis and Trade Idea👀👉 BTC is showing a solid bullish trend on the higher time frames, and I'm closely watching for a potential buying opportunity based on key conditions outlined in the video. We'll explore the critical price action signals to watch for and how to position yourself effectively to capitalize on the next move. Disclaimer: This analysis is provided for informational purposes only and should not be considered financial advice. 📊✅
BTCUSD Come on Baby, You are Ready to Bullrun1. Current Price Action
Price is trading at around $64,719, approaching the previous all-time high of $67,752.
There appears to be a breakout from a downward wedge pattern, indicating a potential continuation of the uptrend.
The price target projected from this wedge is aiming towards higher levels.
3. Future Price Targets
1.272 Fibonacci extension is marked at $100,214, which seems to be the next major target on the upside if the price breaks above the previous all-time high ($67,752).
The chart suggests that there’s a good probability of Bitcoin rallying towards this level if bullish momentum continues.
4. Trend Analysis
The breakout from the wedge is significant, as wedge patterns often signal the end of a corrective phase. The breakout suggests that the market could resume its bullish trend after the consolidation.
If Bitcoin sustains its price above $67,752, it would likely confirm a new bull run, with Fibonacci extensions providing potential targets for the next leg up.
5. Support Levels
On the downside, the first major support is around the 0.786 Fibonacci retracement at $49,793.
Below that, significant supports include $39,099 (0.618 Fibonacci level) and $32,992 (0.5 level).
Bitcoin Bear Trap: A Historical Pattern Suggests a Rally Ahead!BTCUSDT technical analysis update.
The Puell Multiple is a metric that compares the daily issuance of Bitcoin (in USD) to the 365-day moving average of that same issuance. When the Puell Multiple is low, it often indicates that Bitcoin is undervalued, signaling a potential accumulation phase or a bear trap. Conversely, a high Puell Multiple suggests overvaluation, often preceding market corrections.
Currently, the Puell Multiple shows that Bitcoin is trading at levels consistent with previous bear traps in its market history. This pattern has appeared in the last three cycles of Bitcoin, where price action initially suggested bearish momentum before reversing sharply into a bullish trend.
In the previous cycles, the Puell Multiple signaled bear traps, allowing traders to identify key accumulation points. Following these signals, Bitcoin experienced significant bullish rallies, highlighting the indicator's reliability. With the current Puell Multiple levels indicating a bear trap, we could be on the brink of a bullish rally in the coming days.
Regards
Hexa
BTC long setup occurred after leaving 1D Fair Value Gap (FVG)BTC created a bullish FVG on daily chart and tested it on the weekend. And now it wants to go higher. There is another FVG on the 4 hour chart and my setup is like on the chart. I never enter a trade which has a potential less than 2R so my entry has been adjusted to create 2R profit. I am aware that it can go there without filling my limit order and I am totally OK with that.
BINANCE:BTCUSDT.P
BTCUSDT 4h - Triangle inside the cup handle :)BTCUSDT 4h - Triangle inside the cup handle :)
If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis.
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BTCUSDT 4h - Triangle inside the cup handle :)
We have another formation to launch rockets.
The triangle that is forming inside the handle will have an explosive exit again as it has recently happened. It is possible that the price will generate great volatility to leave out both the longs and the shorts, eliminating all those who are leveraged by triggering the Stop Loss. Then it will take the direction that best suits it.
There are open buy orders up to 55k so we could make that minimum before thinking about anything. This level could be the impulse zone to look for 69k.
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Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
BTC VERSUS DESTINY C*HELLO tradingviewers (Tvs)
First of all world is now at the chaos .
As you remember ,unfourtanetly last year Russia hit the Ukraine :(
and after that coins blow up , now we are at the same situation
Our analysis also show us that
I am not like other traders , They always say If btc up or If btc down
they are just mumblıng ....
No need to over explain for pages .
THATS the chart thats the analysis
Take care Crypto brotherhood
Welcome to brotherhood .....
BTCUSDT 1D for me a long cup of coffeeBTCUSDT 1D for me a long cup of coffee
If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated Trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis.
Thank you!
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BTCUSDT 1D for me a long cup of coffee
Right now we are in an erratic zone in BTC where anything can happen within the handle formation.
It could fall again until it touches the base of the dynamic support and rise again until it reaches the neck of the cup or resistance zone at 70k.
If 49k was the lowest part of the handle, we have to start building ascending lows and break the flag resistance. That is what we have to watch out for.
:GOAL: 120000
To see the forest as a whole, we cannot be inside the forest, because there we will only see trees :)
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Automated Cryptocurrency Trading Bots:
All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
BITCOIN - Detailed important scenario of the last crashOctober 2024 will be the lowest price achieved by Bitcoin in the next 6 months,
The this correction is the latest correction,
The inflation data that was released recently came in at 2.4, higher than expectations, which were 2.3, but lower than the previous reading.
Summary Inflation is falling, but at a slower pace than expected I mean, neither strongly negative nor strongly positive, remember Every correction is a new opportunity
I expect this correnction will continue to the area between 57k - 53k (0.236 fib - 0.382 fib) as shown in chart.
This will not happen directly because before this decline, Bitcoin will rise again to test the 0.618 level 61k shown in the chart, and I will be attacked because positivity will prevail in the atmosphere , but this will be a trap.
When this happens, most currencies will fall at least 20% from this point
Because throughout the history of Bitcoin, the month of October has always been a month of strong rise for Bitcoin and currencies..
Many have high hopes and wait for profits. The US elections are approaching too, and Trump's victory will make all markets rebound then btc will be negative in october positive in November!
To break the myth of uptober
Best regards Ceciliones🎯
BTC Price Set for Potential Bounce at Lower Bollinger BandBTCUSDT Technical analysis update
Whenever the price touches the lower Bollinger Band, it has historically bounced back. Currently, the price is approaching the lower Bollinger Band at the 59K-60K level (indicated by the yellow circle), suggesting a potential bounce from that area. If historical patterns hold, we can anticipate a short-term bullish reversal, with the price aiming for the upper Bollinger Band in the upcoming sessions.
Regards
hexa
BTC next move BTC gave a choch and bos conformation of small uptrend
market came without taking a supply from trend change area and there we can see FVG
so trend have to collect that FVG for continue sell trend
or break there structure for uptrend
📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me !
Best Regards , Davis 🥰
Hit the like 🤞🏻 button to !! Motive some energy !!🥇
📌 Note :
⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading
⨹ This is my pre and post market analysis to improve my trading journey 🚀
⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀
⫸ You are responsible for your trading ✅ not me ❌ ⫷
HAPPY TRADING 🥰
Bitcoin 70,000! Can Milton Stand in the Way?Bitcoin: 70,000 or 40,000?
Bitcoin is at a critical juncture, with the price poised to either break through to new highs at 70,000 or drop to as low as 40,000. Bulls are eyeing a breakout above key resistance levels, which could lead to a sharp move upward. However, bearish forces, including macroeconomic factors and potential market sell-offs, may push the price down toward critical support. The next move will likely be driven by major events, market sentiment, and global factors. Will Bitcoin soar or correct sharply? Stay tuned for the next big move!
(BTC) October predictions - BEAR & BULLHello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
Alright.. the chart explains itself as you can see
We got 2 scenarios/targets for October:
Bull targets-> 66k-70k
Bear targets-> 52k-46k
I do find it more likely to go up than down.. Why?
Well Q4 in a bull market is usually heavy green and
especially towards a presidential election
Anyway, Keep in mind this is only an idea/prediction
that could easily be wrong in many ways.
I will update this post in the future!
BOOST if you like it and follow for more
NFA DYOR <<<<-----
Bitcoin Trading into Weekly FVG | Bottom might be inIn this video, I break down Bitcoin’s current price action as it moves into the weekly Fair Value Gap (FVG).
This could present a strong swing trade opportunity, aiming for long-term price targets of over $100,000! 📈
🔍 What to expect:
In-depth analysis of the weekly FVG zone
Evaluation of current market structure and potential support levels
Intraday perspective to identify short-term entry and exit points
Whipsaw coming as bitcoin consolidates the 50-60k levelForecasting a pullback to 50k, as i expect the out of the ordinary volume on 08/05/24- 15min, hourly, 4hr, & daily, to gravitate price back towards it; high volume candles are very likely to get backfilled due to orderbook instability- see yellow fib lines for source and measurement. This is not bearish. This is important for bitcoin to conquer this level as she gears to move higher. There are many things i cant fully articulate in my charts so if you have any questions let me know.
James