BTCUSDT : Long Trade , 1hHello traders, we want to check the Bitcoin chart in the 1-hour time frame. The market is moving in an upward channel and has reached the price level of 23223 and 23323. If the price succeeds in breaking the downward trend line, it will return to the price level of 23323. It is a good entry point to enter the trade and we expect the price to grow again to around 24200. Good luck.
BTCUSDT buy Entry : 23323.03
Stop : 22885.39 , Target : 24198.31
Risk/Reward Ratio : 2
Btcusdtanalysis
BTCUSDT trading inside weekly resistance zoneThis weekly resistance range is indeed a strong one as price is not able to easily move above it even on intra week basis. However, once price trades above this resistance for a a day or so it is more likely that the weekly candle will close above this resistance zone.
By looking at the several attempts and the price trading longer in the resistance zone rather than below it, suggests the probability to break it further up side is higher. And that increases the probability for the weekly price to close above this weekly resistance zone higher.
BTCUSDT breached recent high as suggested There you go BTCUSDT crossed the recent high of 23960 as suggested in the previous post. The close of 4h candle above the 4 hour resistance and then bounce upon the retest of that support at 23300 confirmed this breach of the recent high at 23960.
However, the price could not cross the weekly resistance zone and for now pushed back and remains in this resistance zone.
BTCUSD hit the 4h support and a bounce expectedAs mentioned in the last post, the price did pullback to 22860 level. However, that was quite quick. This 4 hour support is not that strong, however, this definitely will produce some bounce.
Depending on the bounce, the direction of further move will be decided. It seems that the probability to move up from here is a bit higher. However, I will be a bit cautious and watch the price action carefully.
BTCUSDT broke the mid of the previous rangeSo as mentioned, the probability that the price tests the mid or low of the range was higher. And now the price broke through the middle of the range and it is highly probable that it will test the low of the range at 22450. That is a demand zone where we expect a bounce.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Almost nothing has changed from my last idea,
I still waiting for correction, but we have high probability that after last upward movement with target zone ~25k,
then i expect that correction will start with target zone 20500-19500.
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
I expect that correction will start very soon.
Minimal target 20k, main target zone 19500-18500
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
BTCUSDT - correction. starting . created
- Stuck at the 21500 level.
- price traded on top of the distribution.
- Kept even more liquidity from the top.
If you liked the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profit in fiat and enjoy yourself and your loved ones.
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
I expect some consolidation during +-week in zone 19500-21500 then last upward movement in ~23k zone and starting of correction.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Btcusdt looking Weak Looks Like Btc want Some Correction In Shorter Tfs
Btc Was Following 50ema In From Last few days In H1 Recently 50Ema Broken
While Rsi Printed Massive bearish divergence
Now If we Look At Price Action Where Btc Forming Ascending channel Too NoW If Its Broken To Downside My Target Will Be 18700 Area
Always Wait For Confirmed breakout To Enter
#BTC BREKOUT BULLISH FLAG PATTERN!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC
In the shorter time frame, BTC breakout this bullish flag pattern add retested it also according to the pattern Tactically we can expect a 10% bounce.
We have 21, 500 as strong resistance
Let’s see how the market reacts in a few hours.
Analysis in the higher time frame
- I have taken fractals from the past, 2019, from historical price action that we refer to as an 'echo bubble'.
- According to the fractals, one possible scenario is that we tap $14k, before making a 100% move up to $28k.
- This would be a completely reasonable trajectory to have in mind, considering that we have seen a case for Bitcoin moving from $4k to $14k
- Eventually, we would peak around the summer of 2023, with everyone thinking that the macro bull market has resumed.
- Personally, if this speculative scenario plays out, I would revert back to holding a massive cash position until the dust settles again.
- People, including myself, thought we'd never get back below 20k, and here we are now, with people calling for $7k.
Comment your view in the comment section and stay tuned, I will keep updating BTC in the different time frames.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Right now we have 2 possible options:
Yellow: if the price manages to consolidate above ~17500 and starts consolidating there, then there is a chance that the market bottom has been found and we can see movement to the 18500-19k zone.
Orange: if we get an impulsive strong downward movement - then the target zone will be the same + -15k (Confirmation - fixing under 16800)
P.s i tend more for yellow option.
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
BTCUSDT - it is not worth open short position on the minimumIf 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
your friends.
BTCUSDT - pending Inflation. The expectation of a short- Came to the area I marked in the video
here -https://www.tradingview.com/chart/BTCUSDT/g0HMDQc6-bitcoin-nachalo-bychbego-trenda-2023/
here-
here-
I started longing since January 22
The markets are coming alive because of the injection of money into the economy through military companies that produce weapons and so on. written here
money injection
Now it's more likely to see a correction than an acceleration. A big sign of this: a friend I wrote to 2 months ago who I told to buy crypto and invest in the market. But he only matured today. He says he wants to buy (haha, bitcoin is up against resistance, I am waiting for a pullback price, but he wants to gain a position).
What else to add: Broke through the trending orange.
But there was no test. So we wait for the retest a trendline. If it confirms the breakthrough. Then we will see in the near future 30k prices on the Father *BTC* .
What are your thoughts?
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Almost all targets from my last local setup was reached.
Right now we have 2 possible options:
Yellow: if the price manages to consolidate above 17600 and starts consolidating there, then there is a chance that the market bottom has been found and we can see movement to the ~18500 zone.
Orange: if we get an impulsive strong downward movement - then the target zone will be the same + -15k (Confirmation - fixing under 16500)
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart. (update)
My previous analysis also relevant but bitcoin going by orange marker, wanna try to trade local long. In any case we have very short stop-loss.
Entry: market and lower
Target: 17100 - 17300 - 17450
after first target reached move ur stop in breakeven
Stop: ~16350 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.