USDT.D 3D : Most Important chart in CRYPTOMARKETHi Guys Hope you well.
Well, we all know that this chart is against the market trend and from this chart you can observe the whole crypto market. We have reached an important range where we can see the market move in a range for some time, but take a look at the low time for trading in crypto.
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#BTC/USDT#BTC
We have a symmetrical triangle within which the price moves
We expect a strong movement, whether up or down
If it closed below the rectangle on a 4-hour frame at the level of 42000
By closing the 4-hour candle below, we will head to the 39,000 to 38,500 level.
If a 4-hour candle closes at the top of the rectangle at the level of 43500 and the close is above The price is expected to reach 46,500 to 47,000
You must follow the close above or below the rectangle to enter the deal
#BTCUSDT: 48K Upcoming! Dear Traders,
BTCUSDT has been bullish ever since November, and it is likely to reach 48k area as price is extremely bullish at the moment. NFP will have significant impact on the price $BINANCE:BTCUSDT. We will keep you update as price move forward.
We are neutral here and coming days price can reach beyond 50k.
BTCUSD Triangle flag formation in one hour chartBTCUSD is going to break the triangle flag pattern, After reaching the 18 month high its briefly retrace back towards 35800.00 and bouncing back.36800 is currently acting as support for the bull Strong bullish momentum in the market will drive the BTC towards north. watch out the break and retest around 37200.00 level. Possible upper side target will be 38900.00.
BTC will continue to increase stronglyBitcoin ETFs give investors access to the world's largest cryptocurrency without having to hold the assets themselves. Instead, you can buy stocks backed by Bitcoin purchased from the issuer.
Seifert pointed out another caveat. Even if the SEC were to approve a rule change to allow ETF trading, it would be completely separate from approval of a fund's registration statement. Both applications must be approved for the pending Bitcoin ETF to begin trading
Although it may take months for a Bitcoin ETF to start trading, recent price gains prove that investors are optimistic about this event. BTC rose more than 20% in October thanks to hopes that the long-awaited approval of the Bitcoin Spot ETF may finally materialize. A person familiar with Grayscale's efforts to convert GBTC into a Bitcoin ETF said yesterday that the company is actively discussing the application with the SEC.
But a potential Bitcoin Spot ETF isn't just about increasing BTC prices.
BTCUSDTBINANCE:BTCUSDT
According to my previous analysis of BTC, the price has increased from 29900 to 34700. In my opinion, Bitcoin continues to exhibit bullish tendencies, although there may be some price corrections, possibly leading to a decline to 31000 or hovering around 29000. However, following these price corrections, Bitcoin is expected to continue its upward trend. It is worth noting that these fluctuations are not uncommon in the cryptocurrency market and should be viewed as part of the normal market cycle.
BTCUSDT BINANCE:BTCUSDT
The chart under consideration is characterized by exceptional clarity and detail. An examination of the chart reveals that the bearish weekly trendline was effectively broken, followed by a pullback featuring a hammer candle. The hammer candle was subsequently confirmed with a robust green candle that broke through the purple resistance level and has not fallen below it. The present pricing position is of the utmost importance, as it has the potential to reach a specific area if it successfully overcomes the resistance level. Conversely, if the resistance level rebuffs the price, no growth will occur. In light of this analysis, it is my professional opinion that October bodes well for BTC.
BTCUSDT daily to close red but above 27200 for bullish outlookThe price has been consolidating here for almost two days. The current daily candle is likely to stay and close red. However, it is alright and it does not impact the strength the price has towards upward move, negatively. In fact if the price goes a bit more down (at least to the 4h support 4HS1 zone or further down till 27300) before the daily close with a daily around or just above it, it will be very bullish and the next day/s is/are going to be greener.
BTCUSDT likely to bounce from 4h support towards 28536Here is a long idea for BTCUSDT. The price has been trending down after the peak it has made. The price bounced from hourly support but got rejected from 4h resistance 4HR1. It seems that the price is heading to the next support which is 4h support 4HS1. This support shall provide bounce for a long trade and therefore a long trade is favorable from there. The target of this long trade should be the 4h resistance 4HR1 which is sitting around 28536.
BTCUSDT accumulating for big move upto 29336The price is consolidating around the daily support. The price tapped that liquidity zone thrice and still trading above it. This is indeed an accumulcation for a upward move. The volume is low and still price not able to move down. This clearly indicates that it is accumulation and the price is due to move up. I think soon we will continuation of upward move which will last longer than any occassional spurt to the upside we have seen recently. So I see a long to be favorable for a long term position from this level. For short term trade, the idea is to aim for the daily resistance WR1 around 29336.
BTCUSDT at daily support and likely to head up to 27636The price has hit the daily support. I think this daily support will hold the price and stop it from moving downward for now. This creates a favorable condition for a long trade as the price is likely to bounce from this support. The price migh go deep further into this support zone so I will slowly build the position as the price moves into this zone. There are two targets for this trade. One target is the hourly resistance around 27396 where the price will face some resistance and pullback. Therefore offloading some size here and then adding again on pullback is favorable. The final target is the 4h resistance 4HR1 around 27636.
BTCUSDT likely to head towards daily resistance at 28106-28306The price breached through 4h resistance 4HR1 after being pushed down initially on the test of this resistance from below. Now it has retested this resistance and this resistance is going to probably act as a support. And therefore, the price is going to go higher from there. This makes a conducive environment for a long trade on this pair. The target of this trade should be daily resistance DR1 which is sitting around 28106-28306.
BTC is on the critical support1D time frame
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Bitcoin has huge volatility in these two days, pumped high and wend back soon. This scenario means bear for most people, but if we take a closer step, Bitcoin is currently on the support zone(27150~27300), which is made of a consolidation on lower time frame. Also, Bitcoin has the probability creating the Break and Retest trend, if getting support well here, we can still aim to higher target(29000~30000)
BTCUSDT at daily support, likely to bounce to 27096-27196Our swing long idea is still active and running but here is a short term long trade idea for BTCUSDT. The price has hit the daily support DS1 and it is likely to bounce towards 4h resistance 4HR1. Therefore, a long is favorable from this support towards that resistance 4HR1. This resistance zone is sitting around 27096-27196.
BTCUSDT at 4h support and likely to head up towards 26600The original swing trade is on but here is another trade idea on shorter time frame. The price has pulled back to 4h support and I think it is likely to bounce from here towards 4h resistance. Therefore, a long trade is favorable here towards 26600.
BTCUSDT heading fro hourly support, likely to bounce from thereTwo trade ideas here for this. One short and then the other long. The price is rejected from 4h resistance 4HR1 and currently pulling back. I think the price is heading for hourly support HS1. Once the price reaches there, it is likely to bounce from there providing an entry for long trade.
BTCUSDT : Long Trade , 1DHello traders, we want to check the BTCUSDT chart. The price has reached a key level that has reacted to this level several times in the past. We expect this level to play the role of a support level and if the price cannot break this level, we expect it to grow around the price of 28,200. Good luck.
BTCUSDT at daily support, likely to head up to daily resistanceThe 4h support shared last time did not hold and did not provide the bounce we were expecting for a long trade. The price fell down and came to daily support zone DS1. I believe this one should hold and the price should bounce from here. The bounce will likely towards daily resistance zone DR1 but it might face some difficulties around 29566 area. The price might still dip below the current daily support but should come back up again soon. By the way, I think this weekly candle is going to be green and if not and the price kind of maintained this zone without a significant drop by the end of this week, we shall see a green weekly candle next week.
BTCUSDT likely to head up from 2h/4h supportThe long idea has made us wait really long and the short we took did not work out. The price has come back down after spiking through the daily resistance DR1. I would really have like the price to reach to the 4h support 4HS1 in order to take a long trade as originally planned. However, I do see a case for the price bouncing from 2h support 2HS1. It has done so previously and has aimed towards 4h resistance 4HR1. Its again setting up the same scenario. I might allocate some amount in this support zone and wait for the price to come to 4HS1 for the rest. Apart from this short term view, I think BTC is ready for a good move towards upside soon. The stage is kind of being set and prepared and we shall see that very soon. The medium/long term view I will share in a separate post. But in short, I think we see a bigger up move without going below our recent lows made in last days.
BTCUSDT at 4h support, likely to move up to 30036The price is currently at 4h support 4HS1. The drop from daily support (not marked on the chart but was close to area where now daily resistance DR1 is marked) was not that significant and found support around the consolidation zone during the upward move in June. It is likely to bounce here towards daily resistance DR1. Therefore, a long trade is favorable here.