BTCUSDT H4: SHORT SETUPHi Guys Hope you well.
As indicated in the chart, you can see 3 selling trading positions. Don't forget to enter the trade in the low time after getting confirmation from the chart. In the first set-up of FVG and in the second and third set-up, the supply area is the place to enter the position. With the excitement on Thursday from the Ripple market court, there was a good growth especially in altcoins, but the exhaustion of the trend is completely evident in Bitcoin, and I expect the end of the uptrend.
Btcusdtanalysis
BTCUSDT at 4h support, likely to head to at least 31166And so the price has finally come to our entry for the long trade after almost waiting for a day. The price has hit the 4h support 4HS1 and likely to bounce here. I expect this bounce to head towards 4h resistance 4HR1 and making a long favorable here. The target of this long should be at least 31166.
BTCUSDT heading for 4h support, long favorable from there A new long idea on this one. The price is currently trading in 4h resistance zone 4HR1. I expect the price to retrace to 4h support 4HS1 level. A long will be favorable from there towards 31396 area. There is a support around 31066 area and price may experience some bounce there but I hope that the bounce will not be big and the price will continue to retrace to the next support 4HS1 and in turn providing the entry for our long trade.
BTCUSDT back to previous resistance, likely to head up to 31236The price was rejected from the 4h resistance 4HR2 on this push to the upside. It was pushed back down from that resistance to the previous 4h resistance 4HR1 which may act as a support now. I think a long is favorable from the 4HS1 support towards the 4HR2 and a bit above. Lets try this long.
BTCUSDT to head towards 4h resistance around 31136-31236BTCUSDT has been trading in a new range after breaking up from the previous range. Now it has formed a new support zone 4HS1 which is a good level to long from. I believe this time price will break the range high resistance 4HR1 and proceed towards 4h resistance 4HR2. Therefore a long is favorable here towards 31136-31236 zone.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
2 possible options, in any case waiting for decline in zone ~28k, then will see.
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BTCUSDT at hourly resistance, likely to retraceThis short idea was originally from yesterday when the price bounced on the first hit of the daily support zone DS1, but did not have confidence to execute it. The bounce of the price was expected on both occassions when the price hit the daily support. Specially a very nice entry was there from the bottom of the support zone. I think the price is going back to the support zone again and therefore a short trade will be favorable here. The target should be the bottom of the daily support zone, 29736.
Bitcoin Road Map(15-Min)🗺️!!!Bitcoin fell again to the bottom of the Rectangle pattern and the 🟢 support zone($29,860-$29,420) 🟢; however, considering the momentum of Bitcoin's fall, I expect the growth of these few hours to be a corrective structure.
To better view the Rectangle pattern , see the post below.👇
Bitcoin was able to complete the Zigzag correction(ABC/5-3-5) on the 🔴 resistance zone($30,500-$30,370) 🔴.
I expect Bitcoin to fall back to the 🟢 support zone($29,860-$29,420) 🟢.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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BTCUSDT--34K or 25K ??Observations:
If we see on the weekly chart the previous demand zone is clearly resisting the price to go up.
on bottom side price has taken the support from previous supply zone/Resistance Acts as support and price moves up.
Weekly analysis...
Daily Analysis::
If we see on daily analysis...the price is in a range from few days...
the previous supply zone is resisting the price to gg down.
If price breaks this zone then only we have a chance of short oppurtunity...
A rally base rally is going to observe if price breaks this range, on upside.
No retest is observed after breaking the trendline as well...if it wants to test this 34000 wants to acts as resistance.
BTCUSDT heading to daily support, long favorable from thereI expect the price to head towards daily support DS1. The price is currently trading between 4h resistance 4HR1 and daily support DS1. A long will be favorable from the daily support zone DS1 if the price hits there. Lets see when and how we reach there. The tarrget of this trade should be first 4h resistance 4HR1 and then 4HR2.
BTCUSDT to head down towards 4h support around 30636The price has been pushed back by the 4h resistance 4HR2. That was a level to take a short, on the retest of the resistance after initial push down, and that was favored probabilistically. However, we have yet another chance to take a short from the retest of the 4h resistance zone from LTF reistance. The price is expected to head towards the next support level 4HS1 around 30636.
BTCUSDT to head towards 4h resistance 31136-31236The 4h resistance 4HR1 is holding the price back. The price was pushed back down from that resistance zone towards 4h support 4HS1 after our last trade concluded. After that it has moved up to the resistance zone again and has attempted on LTF several times to go beyond it but everytime it has been pushed back.However, it seems that the resistance will give the way for the price to move higher towards 4h resistance 4HR2. Please keep in mind that this is a short time frame trade analysis. The price for long time frame, I will discuss that in a separate post.
BTCUSDT - what to do with bitcoin in the new week?Everything I thought I told you in the video.
The new week is going to be powerful. We have a very important candlestick opening.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
BTCUSDT at daily support, may bounce to 30636The price dropped from 4h resistance 4HR2, which was our target for last long trade, to the daily support zone DS1. The price bounced from there only to revisit this support again. I think a long is suitable and favorable from this support zone again. I expect the price to again move towards 4h resistance zone 4HR1. That should be our target for this long trade.
BTCUSDT at 4h support, long it to 31166-31236The price has retraced from the 4h resistance zone 4HR1. Now it has hit the 4h support zone 4HS1. This can be our entry for the long trade. I expect the price to break 4h resistance 4HR1 on this attempt. Therefore lets target 4h resistance zone 4HR2 for this long trade. This resistance sits around 31166-31236.
BTCUSDT close to daily support, likely to bounce to 30636-30736The price moved according to out expectation for the last trade we took a few days ago. It did not quite reach the resistance zone target but came quite close to it. I could not provide any update after that as I was traveling. The price came back and hit the daily support which was again a level to go long. The price bounced from there and came back again when pushed down by newly formed 4h resistance zone 4HR1. The price again bounced to 4h resistance zone 4HR1 to meet the same fate. Currently the price is again heading towards daily support DS1 and likely to hit it quite soon. I think a long should be favorable again from there towards the 4h resistance 4HR1. Do you think this will work out again like other bounces from DS1 zone?
BTCUSDT H1 : Setup for long Hi Guys , Hope you well
We have two scenario for long ,we can go up with break the bearish trendline, but i agree with go down to hit the liquidity and then upward . please check your own setup. And do the best.
SecondChanceCrypto
⏰27/JUNE/23
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