btcusd sell signal. 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
Btcusdtlong
btcusdt signal sell. 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
Bitcoin is Ready to Attack to Resistance zone==>>Short termBitcoin is currently moving in the Resistance zone($55,720-$54,550) .
According to the Elliott wave theory , Bitcoin seems to have completed main wave 4 with the Double Three Correction(WXY) .
Also, in terms of Classic Technical Analysi s, Bitcoin is moving in a Symmetrical Triangle on the 15-minute time frame. The symmetrical triangle is the Continuation Pattern .
I expect Bitcoin to break the Resistance zone($55,720-$54,550) in the coming hours after breaking the Upper line of the Symmetrical triangle .
If you want to know more about Bitcoin, please look at the below post:
Note: If Bitcoin breaks the uptrend line, we can expect more dumps.
Bitcoin Analyze (BTCUSDT), 15-minute frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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/USDT#BITCOIN
Bitcoin is moving in a descending channel on the 4-hour frame and the price has reached a strong support area in green at $57,200
There are rising loads from the current support level but it needs upward momentum to be able to reach the targets
Entry price $58,000
First target $60,257
Second target $62,236
Third target $64,000
The pattern is canceled if the support level in green at $57,200 is broken
In that case, the price will be heading to $54,100, which is a strong support level
BTC Still inside the BOX / Careful about the BTC heatmap!BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Traders,
Despite positive economic sentiment, BTC still fluctuating inside the box.
If the price stays above the yellow area, the green scenario is valid and after that if price breaks above the 65K level and stabilize there, 66690 and 70100 levels are the next price resistances.
According to the recent market heatmap, some shadows may occur inside the circle area for some market liquidation.
Stay tuned for more updates.
Long Setup on Bitcoin / Bulls or Bears, Tell me in CommentsBINANCE:BTCUSDT
COINBASE:BTCUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
59600
60330
61150
61800
62600
🔴SL:
55925
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Be ready for the reversal!#BTC: No Major Changes Yet..!! Bitcoin has been consolidating within a Descending Broadening Wedge for the past six months. Breaking through the critical $69-70k resistance level is essential for the bulls to regain control. Despite multiple failed attempts, there is renewed optimism that this time could be different, as the resistance is showing signs of weakening.
A successful breakout above the Descending Broadening Wedge could propel Bitcoin towards the $100k mark in Q4. However, for now, leverage trading might not be the best approach. If you’re holding Bitcoin, it’s time to sit back and relax—the next bull run could be just around the corner.
#Crypto #DYRO
BTCUSD: BUY@62600-61800
The bullish momentum has been hindered, leading to continued consolidation at higher levels, with indicators showing weakness. A partial pullback is likely, with key support in the 62,800-62,100 range. If this support is breached and the bears are strong, the next strong support should be around 61,700, which would present a great buying opportunity.
The bullish target is at least in the 68,000-71,000 range, and if the uptrend is strong, the ultimate target of 78,000 is also achievable.
#BTC/USDT#BTC
#BITCOIN
The price is moving in an ascending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at $6200
We have an uptrend on the RSI indicator which supports the upside
We have a trend to stabilize above the 100 moving average which supports the upside
Entry price 62200
First target 64800
Second target 66800
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Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
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BTC - FINALLY - Bullish BREAKOUT? For the last few months, I've been preaching patience as we saw a multi-month correction play out, all as a part of the bigger-picture Elliot Wave playout.
The charts are looking positive after some bullish action started showing up from yesterday.
I'd be ready to say the corrective phase is finally over and we're starting the new impulse wave up IF Bitcoin can keep above this support level highlighted on the chart, around $63k.
This would validate a successful Flag-Breakout / Pennant breakout pattern.
However, if we close a daily UNDER this key support zone - it's likely that we're not there just yet. I'm still of the opinion we'll be on our way towards a new ATH close to December, as BTC loves Decembers historically.
______________________________
BINANCE:BTCUSDT
#BTC/USDT#BTC
#BITCOIN
The price is moving in a descending channel on the 4-hour frame and is adhering to its limits well. The price has reached the upper limit of the channel
The price also touched the 100 moving average and is expected to rebound from it
The price is now 61,000 $, which is the entry price
Targeting the 56,200 $ area,
which is the lower limit of the channel
We have an upward trend on the RSI indicator, but it is expected to break down
#BTC/USDT Bullish September+Q4 Ahead!Detailed technical analysis of the BTC/USDT pair on a daily timeframe. Here’s a breakdown of the key elements and potential trading ideas based on the chart:
### Key Observations:
1. **Descending Channel Formation**: The price action is moving within a descending channel, with clearly defined peaks (marked as 1, 2, 3, 4, 5, and a possible 6) and troughs. The price seems to respect this channel, bouncing off both the upper and lower trendlines.
2. **RSI Divergence**: The RSI (Relative Strength Index) at the bottom of the chart is showing a bullish divergence. While the price has made lower lows, the RSI is making higher lows, indicating a potential reversal or a weakening bearish momentum.
3. **Two Scenarios Outlined**:
- **Scenario 1**: A breakout above the upper trendline, leading to a potential rise towards the resistance zone around the $70,000 level. This is supported by the drawn path, suggesting a bullish move if the breakout is confirmed.
- **Scenario 2**: A pullback to the support area around $55,000 - $54,000, before a bounce that could either break the descending channel or test the upper boundary again.
4. **Volume Consideration**: The chart indicates a period covering 197 bars (days) with a total volume of 6.448M BTC traded. The consistent volume could signify accumulation or distribution phases, depending on the context of the breakout or breakdown.
### Trading Idea:
Given the current technical setup:
- **Bullish Scenario (Long Trade)**:
- **Entry**: Enter a long position on a confirmed breakout above the upper trendline, ideally above $62,000 with a daily close above this level.
- **Target**: Initial target could be around $68,000 to $70,000. Further targets can be set at key Fibonacci extensions or psychological levels such as $75,000.
- **Stop Loss**: Place a stop loss just below the breakout point, around $60,000 to $59,500, to protect against a false breakout.
- **Bearish Scenario (Short Trade)**:
- **Entry**: Enter a short position if the price fails to break out and instead pulls back towards the support zone around $55,000.
- **Target**: Target the lower end of the channel, potentially around $47,000 to $45,500.
- **Stop Loss**: Place a stop loss above the upper trendline, around $62,500, to protect against a sudden breakout.
- **Neutral (Wait and Watch)**:
- **Strategy**: If the price remains within the channel without any clear breakout or breakdown, it might be prudent to wait for a clearer signal. This could involve waiting for a decisive move outside of the channel or for confirmation via volume and RSI divergence resolution.
This analysis provides a balanced approach, allowing traders to react to the market based on the price action relative to the defined channel.
Ensure that positions are adjusted according to evolving market conditions and use proper risk management.
Not Financial Advice, Always do your own research.
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Thank you
#PEACE