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.
Btcusdtlong
BTC Playing Devils Advocate DOWNSIDE & UPSIDE (30m) pt2Holding 60 K as recent local low, potential retracement's as shown
30m strategy signals are pulling back to support then pushing higher.
Halving event brought no significant volatility into the weekend trading.
** use previous FIB level as Stoploss for LONG/BUY
*** seek next FIB zone as target for taking profits/support/pullback
--Message me for strategy settings 5, 30, 3hr, 18hr Charts
NASDAQ:APP @Aceofwaters
BTCUSDT Bullish (Triple Bottom & Divergence) - Halving TomorrowBTCUSDT shows a bullish reversal with triple bottom and bullish divergence. Buy stop is placed at slightly above the previous LH. If you still have bearish bias, you can buy 5-10% at spot and wait for another dip until 50k. I am allocating 20% of my portfolio in Gaming and AI narratives at spot.
Historically, always buy the dip in crypto bull season and prior halving which is by tomorrow. I think pre-halving, this is dip that we all anticipated. 50k levels are still in play. Don't panic, if price still drops. Buy the dips, preferably in spot.
BTCUSD Bullish Momentum Anticipated from Key Support LevelBTCUSD is currently exhibiting a Harmonic Pattern (XABCD) on the 4-hour time frame. This pattern is characterized by distinct price swings that form geometric structures. As per our analysis, the pattern is nearing completion, with Point D aligning with a crucial support level.
Trendline Analysis:
In conjunction with the Harmonic Pattern, a trendline has been identified, further reinforcing our bullish outlook. The convergence of the Harmonic Pattern and the trendline at Point D enhances the significance of this level as a potential entry point.
Trade Setup:
Entry: Long position entry is recommended at 64690, reflecting our anticipation of a bullish momentum shift from Point D.
Stop Loss: To mitigate downside risk, a stop loss is advised at 59600, safeguarding against unexpected market fluctuations.
Profit Targets:
We have identified multiple profit-taking levels to capitalize on potential upward price movements:
TP-1: 69760
TP-2: 74834
TP-3: 79870
Rationale:
The technical setup indicates a favorable risk-reward ratio, with Point D coinciding with a key support level and the formation of a Harmonic Pattern. This, coupled with the establishment of a trendline, strengthens the bullish bias.
Conclusion:
In summary, based on the analysis of the Harmonic Pattern formation and trendline dynamics, we advocate for a long position in BTCUSD with an entry at 64690 and stop loss at 59600. Profit targets are set at 69760, 74834, and 79870, reflecting our expectation of a bullish trend continuation from Point D. As always, prudent risk management is advised to navigate market volatility effectively.
📈Long Setup on BTCUSDT 2H / Next Price Stage ---> 65K?📉BINANCE:BTCUSDT
COINBASE:BTCUSD
📈BTC 2H📈
⚡️Quick long position with medium risk status.⚡️
Bitcoin may continue towards the announced targets without any correction.
But if the price pulls back to the entry area , as long as it is above the pitch-fork (near white support), the long scenario will be valid.
TP 1-2-3 and SL are on the chart.
⚠️Don't forget to de-risk your positions.⚠️
Bitcoin is Ready to Attack to Resistance zone⚔️💡Bitcoin started to rise after the Spot Bitcoin And Ethereum ETFs were Approved In Hong Kong but failed to break the 🔴 Resistance zone($66,100-$64,500) 🔴and created a Bull Trap .
🌊According to the theory of Elliott waves , Bitcoin seems to have completed 5 downtrend waves in the 15-minute time frame .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
📈From the point of view of Classical Technical Analysis , there is also a possibility of forming the Inverse Head and Shoulders pattern .
🔔I expect Bitcoin to Attack the 🔴 Resistance zone($66,100-$64,500) 🔴once again.
❗️⚠️Note⚠️❗️: We must note that there is a possibility of Israel's response to Iran's attacks and the cryptocurrency market may experience another fall.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC LONG OVERDUE HITHey as we have broken the 71266 resistance zone and liquidating over 3Billion shorts.
I truly believe we are hitting a higher zone before another correction downwards.
Following Bullish indications are:
Triangle pattern break out and anticipating to hit 83600 mark.
HHHL Resistance broken at 71266
Bearish indications:
Major resistance at 73363 another lovely liquidation level
Trade plan bias long @ 71200
SL:68130
TP1:74695
TP2:77981
TP3:81123
BTCUSD:65000-67000 short, 61000-58000 long
Support is around 63000-62000, and the small-level chart now shows that bears have a greater advantage, so the trading view is to go short first.
If the support is effective, you can go long. If it falls below, look at the 60600-58800 range, with strong support around 57200.
In the 4h chart, some indicators need to be repaired, so if it falls below 61,000, the risk factor for long transactions in this range is relatively low.
The main trading range is: 65000-67000 short, 61000-58000 long
Btc Do Or Die The BTC/USDT pair is currently at a critical juncture, with the recent breakdown of a triangle pattern followed by a retest. Currently, the price is being supported by a crucial horizontal level. It is essential for Bitcoin to sustain this support to prevent further downside. In case the price fails to hold above this support level, a drop towards the $52,000 region is anticipated. Traders and investors should closely monitor the price action around this support level for potential clues about the future direction of Bitcoin.
#Bitcoin needs to reclaim the 70K!#Bitcoin update
BTC is forming this bullish parent/symmetrical triangle pattern in the four-hour time frame; here, 200MA is working as good support.
currently tapped into the support deeper till the bottom area and reacted a bit. Price Seems to be hodling the support and might gonna reverse from here.
we need to reclaim the 70K resistance for bullish momentum.
But for now, the
Dusk is still in the air; it is better to wait for the market to stabilize.
Stay tuned for more updates.
BTCUSD:Go short first, then go long
BTCUSD:
It is currently located near the resistance level, and the strong resistance is near 72400. According to the 30M chart, the transaction should be short first, pay attention to the support and strong support before conducting long transactions. In the 2H chart, the MACD indicator is biased towards the long side.
You can choose to go long near the support, and the chance of hitting strong resistance is relatively high.
Complete analysis of BTCHello dear friends, I hope you're doing well.
Currently, Bitcoin is in a ascending channel.
Given the ongoing conflicts like Russia-Ukraine, Israel-Hamas, and Lebanon, people's excitement for buying is natural.
In my opinion, two scenarios could unfold:
1: Due to people's emotional behavior and speculative pricing, after reaching the FVG range around $73,000, Bitcoin could return to the channel's floor.
2: After a bullish move to the middle of the channel, we might head towards the historical ceiling at $74,000 and then return to the channel's floor.
----------
Please note, this market is full of smart and psychological traps.
For example :
Pay attention to the yellow triangles. They often represent strong support after multiple touches, allowing for comfortable long positions upon subsequent encounters. Also, the possibility of fake breakouts at the channel's ceiling is high.
----------
Regarding important news about USDC stablecoin:
Binance has halted support for USDC stablecoin on the Tron network.
What might be the reasons behind Circle (the issuer of USDC) removing support for the Tron network?
Most likely, USDC has been forced to take this step to appease US regulators.
There's a high likelihood that Justin Sun, a major figure in the market, might face a fate similar to CZ. He manages TRX, BTT currencies, and the Poloniex exchange.
----------
Regarding Tether dominance, the $3.80 support range is the biggest barrier to Bitcoin's upward movement.
----------
Timeline analysis:
Friday, March 28, and Tuesday, April 8, are crucial days ahead, preceding the halving event.
I'd be happy to share your opinion with me. Your likes, follows, and comments give me energy.
BTCUSDT → Trade Analysis | BUY SetupHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity BTCUSDT
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
BTC ANALYSIS🔴 #BTC Analysis : 8 Hour Timeframe
🔮The price is breakout from the triangle pattern👀
A breakout followed by a retest of the triangle's support could confirm bullish momentum📈
🔰 Current Price: $68955
🎯 Target Price: $73690
⚡️What to do ?
👀Keep an eye on #BTC price action. We can trade according to the chart and make some profits. ⚡️⚡️
#BTC #Cryptocurrency #Breakout #Retest #DYOR
btcusd analysis Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade