BTCUSDT: 80K On The Way! Dear Traders,
BINANCE:BTCUSDT recently ranged between $60000 to $65000, however, price created lower low and then lower high and failed to continue the pattern, in other terms price took our the sell side liquidity and then after price early mitigated. Currently we are expecting price to continue the bullish momentum until it reaches 80k
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Btcusdtidea
BTCUSDT at daily resistance, very likely to head to 65k Our short trade is still in progress. However, here is a new short trade idea. The probability of the price to move lower now is higher than before. The price is still trading at daily resistance DR1. I have updated the resistance zone. The price is likely to head towards daily support DS1 and that is the target of our this trade idea as wll as the previous one. We will look for a long opportunity from there.
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I'll share a short-sighted RBI of Bitcoin#BTC
Hi, Friends!
Good to see you all.
I hope you have a joyful weekend.
Let me explain the short-term perspective of Bitcoin
■ The BLUE resistance line has not been able to break through upward.
■Bearish Divergence as RED appears.
■Red short-term uptrend line is broken down.
■ Expected to fall after retesting.
BTCUSDT at daily resistance, likely to pullback to 64khe price has finally hit the daily resistance DR1 and that triggers my short trade idea from there.
I think the price will pullback here towards low timeframe support LTFS1.
Therefore LTFS1 is the target of this short trade. Lets see where it goes from here. Let me know what you think in the comments.
BTCUSDT long from 4h support 62.6k-63.0kThe price finally went deep into the 4h support 4HS1 and presented an ideal opportunity to go long. That is a good support zone and therefore I have taken this long. The price may head way beyond the target. But for now we keep that as a target of this trade and we will revavluate later to continue this trade further towards 4HR1 and 4HR2. Let me know what you think in the comments.
I'm going to break the "Bitcoin"Hello friends, nice to meet you. Here's an amazing Bitcoin chart perspective today
I always support your successful investment.
I hope you do well with safe risk management.
Go for it!
Lowering the highs, the wave is moving in a downward trend.
If you succeed in retesting after breaking the red downward trend line upward, you can think of it as open to 80.4K as a medium wave.
Here we go!!
Now we need to find a moment of rebound. We need to position ourselves in a position where we have good cost-effectiveness and profit-loss ratio so that we have a shorter loss range and a larger loss day.
At the current position, on an hour-long basis, I think the upward divergence is emerging, which is the first condition for a rebound.
The thing to watch out for in the upward divergence shown in the chart above is the push of the candle or the tail end of the candle
In terms of small waves, it showed a form of raising the low point, but if the retest is successful after breaking the blue short-term upward trend line and closing the bell due to the power of the current sell-off, it should be seen that it can reach 57K once again.
Summary:
■60810 The rebound must be achieved after overcoming the price to raise the low point in the sofa statue.
■1 hour-long RSI and upward divergence appeared.
■ If you succeed in retesting after breaking the red downward trend line of the 4-hour rod, it will be open to 80.4K on a medium wave basis.
Bonus Chart
The chart below is my most reliable long-term trend line.
If the adjustment deepens, it could go down to the blue thick upward trend line (56.2K to 56.4K)
Thank you :)
BTCUSDT at 4h resistance and likely to pullback towards 61kHere is a short trade idea setup. I have taken this short trade with very tight stop loss. along with small position size. The price has moved up since we closed our long. It has now reached a key resistance level which was the level from where the price dropped last time. Therefore, this level will present significant resistance here and it will cause the price to pullback here. It has now reached a key resistance level which was the level from where the price dropped last time. Therefore, this level will present significant resistance here and it will cause the price to pullback here.
BTCUSDT: Drops Towards $53000 region may help us hitting $80000.BINANCE:BTCUSDT price currently in making of AB=CD pattern, it is likely to touch and reject at the $53000 which area remain crucial for most of the swing investors. The following news we can significant impact in the crypto market also 50k to 53k area remain extremely bullish. With accurate entry at 530000 area when we can target 80-100k possibly.
BTCUSD 12HBTC ~ 12H
#BTC On a slightly larger time horizon (12H), We see BITSTAMP:BTCUSD Moving in a descending channel. 2 scenarios for this. A break of this pattern's Resistance Line will break this descending channel pattern. or #BTCUSD Needs to Retest the Support Line in this descending pattern.
this is only for the short term. we are still bullish for the long term.
If you succeed in the "BTC" retest, it will go up to hereHi friends nice to meet you I will share BTC RBI
Bitcoin Is In Retesting After Breaking through Long-Term downtrend line.
If the retest succeeds, the final goal will be at the top of the box pattern.
Check the blue long-term upward trend line
If there is a little more adjustment, it will be a target value.
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This is our master plan to Heist of BTCUSD market based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned 2 plans with target in the chart Please look at the chart before entry, Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous area market is overbought / Oversold / Consolidation / Fundamental news occur / Strong Pullback happens at the level. Be safe and be careful and Be rich.
Loot and escape at the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of Powerful dynamic levels whether Buy or sell, Once it is cleared we can continue our heist plan to next target.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
BTCUSDT at 4h support, likely to bounce towards 60000Here is a new long trade idea. The last trade got stopped out in spite of the price bouncing from the support we identified. The price has currently moved lower to a 4h support zone 4HS1 and likely to bounce from here to provide a long trade opportunity. If this support breaks then we are likely heading for weekly support WS1 around 51000. Since the momentum is on the downside and the current support 4HS1 is not that significant, I am keeping the position size small. The resistances on the way up are 4HR1, DR1 and WR1. For this trade, we aim for the first resistance 4HR1 and depending on how it reacts there, we can aim for DR1 with a partial position size. Lets see where we go from here. Let me know what you think in the comments.
BTCUSDT at daily support, likely to head to at least 66500We expcted a pullback from 4h resistance 4HR1 and thats now a reality. The price has been rejected from 4HR1 and now it has come down to the daily support zone.Our decision to take profit at 4HR1 and then look for long opportunity on pullback was a optimal one. According to my mention in the last post, I am sharing the setup for the new long opportunity on this pullback.The price is likely to bounce from here and head towards 66500 zone at least. Lets see where we go from here. Let me know your thoughts in the comments.
BTCUSDT at weekly support, likely to bounce hereWe were right at unloading the position there mentioned in the last post while it was still in profit. The price has gone down drastically from that and that 4h support did not hold. Now the price has come down to the weekly support WS1. I think there is good probability that the price will find support here and there will be good bounce for having a long trade opportunity. I have presented a long setup here. At first the idea is to aim for that daily resistance DR1 but we will reevaluate the price action on the way to decide about keeping the position and also take profit along the way. Let me know what is your take on this.