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BTCUSDTPERP

Bitcoin Analysis==>>Bearish Harmonic Patterns==>>Crab & SharkBitcoin moved as I expected in yesterday's post . Bitcoin is currently moving in the Resistance zone($60,080-$59,400) , near the Resistance lines and the 50_SMA(Daily) . It also seems that Bitcoin can potentially form the Bearish Crab Harmonic Pattern and Bearish Shark Harmonic Pattern . After breaking the small Support zone , I expect Bitcoin to attack the Support zone($58,000-$56,600) again. Note: We can expect more pumps if Bitcoin breaks the Resistance line (over $61,000). 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.
Short
by pejman_zwin
21
#BTC support zone rebound has been achieved📊#BTC support zone rebound has been achieved✔️ 🧠From a structural point of view, we constructed a small long structure within the target area of ​​the double top short structure. Currently, the goal of this structure has been achieved, and the target area overlaps with the uptrend resistance line, and the overlapping part is considered The heaviest resistance zone. Therefore, we need to be wary of the risk of a pullback and not chase the rise in the resistance zone. ➡️From a wave perspective, wave 4 may have ended, and we look forward to wave 5 happening. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Short
by wolf_king888
1
#BTC reaches support zone📊#BTC reaches support zone✔️ 🧠We fell back as expected after being blocked by the periodic resistance zone, and constructed a bearish double top structure in the resistance zone. Currently, all the goals of this structure have been achieved, and the target zone overlaps with our neckline and yellow support zone. The overlapping The section is considered the heaviest support area. ➡️So we placed some new long orders in this support area. The rebound has already appeared. With the winning rate, whether we can make big profits depends on whether we can build a long structure with the same cycle here. ⚠️We have currently moved our stop loss up and are in a risk-free state, so we can expect more. If you want to participate, you need to wait until the long structure here is established before entering. The next strong support is around 55000-55800. 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Long
by wolf_king888
Bitcoin Weekly Review September 15th – 21stTLDR: The prevailing concept in CT is that once the Fed begins a QE cycle, prices of financial assets immediately shoot up. The data from two previous cycles tell a different story. The market doesn’t immediately react to rate cuts, if at all. It is after the rate cuts ended that the uptrend begins. 2007/2008 Rate Cut Cycle: Based on historical data from 2007 and 2008, Nasdaq 100. The first month of QE resulted in a bullish response. However, it was followed by a downtrend until the rates were zero. 2019/2020 Rate Cut Cycle: Based on the BLX chart. Excluding the initial bullish reaction, this QE cycle did not affect Bitcoin’s price. After rates were at zero, Bitcoin’s uptrend began. Takeaways From Previous QE Cycles 1. Fed cuts don’t change the trend. At least until the cutting cycle is over. 2. Even if we assume a bullish reaction, it is short-lived. 3. The Fed is late in responding to market conditions. 4. The chances of a 50% rate cut in September are low. 5. The Fed overreacts to recession conditions. 6. When the markets begin to tumble, it is a dumpster fire. The fed cannot put out the fire with rate cuts. Bitcoin Cycle Analysis: My macro-outlook for Bitcoin remains that Bitcoin is in the process of completing a wave four correction, after which I expect a continuation of the bullish trend to at least 80K. Within the wave four correction, the two primary scenarios are: Complex Correction: This scenario presumes that Bitcoin is in a wave four correction. According to this scenario, the final leg down in wave C of Y is missing. If this is the “correct” scenario, Bitcoin should begin wave C to the downside after hitting the reversal zone between 0.618 and 0.786 retracements. ABCDE Triangle Breakout: According to this scenario, Bitcoin’s wave four bottom was on August 5th. Bitcoin consolidates in an ABCDE triangle before breaking out to the upside in the final 5th wave. If this is the “correct” scenario, Bitcoin is close to the 0.618 retracement. I expect it to be rejected between 61.1K and 62.5K (wick) to complete the final E wave. This will become the primary scenario if it can find support at around 54K and break out of the triangle. Direct Breakout Scenario: This scenario assumes that Bitcoin finished the correction process on September 6th and is now on the verge of a breakout. Even if this is the “correct” scenario, I expect a pullback to 57K - 58K before continuing. High Probability Support and Resistance Levels: 1. 65K. Resistance. 2. 62.5K. Resistance. 3. 61K. Resistance. 4. 58K. Support. 5. 56K. Support. 6. 54K. Support.
by NewThoughtCrypto
#BTC reaches the staged resistance zone📊#BTC reaches the staged resistance zone✔️ 🧠We have been consolidating sideways in the selling zone for a long time. After finally digesting the selling pressure in this range, we chose to continue to break upward, so the selling zone turned into a support zone. At present, we have reached the stage resistance zone, and we do not recommend that you chase the rise in this range. ➡️The next resistance is located near the downward trend line (around 61k). If we develop relatively strongly, then the extreme resistance is located near the turning point 65175, which is also an ideal target area for the bull structure. ➡️Therefore, we have locked in about 80% of the main profit, and will allow the remaining positions to wait for the ideal target without risk. 🙏🎯 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Long
by wolf_king888
Bitcoin Analysis==>> Bullish Flag PatternBitcoin started to rise well from near the Support line and the Support zone($55,780-$54,550) again. According to Elliott's wave theory , Bitcoin completed the main wave 4 with Zigzag Correction(ABC/5-3-5) . In terms of Classic Technical Analysis , Bitcoin has succeeded in breaking the upper line of the Bullish Flag Pattern . We can also see the Morning Star Candlestick Pattern , which can be a sign of the completion of Bitcoin correction or the main wave 4 . I expect Bitcoin to break the Resistance zone($58,000-$56,600) and 100_SMA(4-hour TF) in the coming hours and rise to at least the Potential Reversal Zone(PRZ) . Note: If Bitcoin goes below the Support zone($55,780-$54,550), we should expect Bitcoin to dump to $51,000(at least). Bitcoin Analyze (BTCUSDT), 1-hour time 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.
Long
by pejman_zwin
8
Bitcoin is Ready to PumpBitcoin has managed to break the Resistance zone($55,720-$54,550) and the Descending Channel . According to the Elliott wave theory , Bitcoin seems to have completed the Double Three Correction(WXY) in the descending channel . I expect Bitcoin to rise to at least the First Target and the width of the broken-descending channel . Note: If Bitcoin goes below the Resistance zone($55,720-$54,550), we should expect Bitcoin to dump to $51,000(at least). Bitcoin Analyze (BTCUSDT), 1-hour time 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.
Long
by pejman_zwin
18
#BTC is still in the selling zone📊#BTC is still in the selling zone✔️ 🧠From a structural perspective, we are still within the target area of ​​the double bottom bullish structure, and we still need to be alert to the occurrence of a callback before completely breaking through this range. ➡️If you want to participate in long trading, you need to wait patiently for the target area to break through. After the target area turns into a support area, you can then look for opportunities to enter the long position in this range. ➡️If we fail to break through the target zone and return to the support zone again, then we can consider participating in some new long trades. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 BINANCE:BTCUSDT.P
Long
by wolf_king888
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.
Long
by pejman_zwin
5
#BTC reaches the target zone📊#BTC reaches the target zone✔️ 🧠From a structural point of view, the double bottom bullish structure constructed near the buying zone has all the target zones achieved, so we need to be alert to the risk of a pullback. ➡️From a wave theory perspective, if we start the Elliott Pulse Wave from here, then we can expect wave 5 to occur ➡️So, if you are involved in some long transactions, you can lock in the main profits and look forward to more. Unfortunately, yesterday's pullback did not touch our entry price, so we can only wait patiently for the next opportunity to come. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Long
by wolf_king888
#BTC/USDT Weekly Update! $58k first!#BTC Weekly: Closed red at $54,881. Holding the GETTEX:54K support is a positive sign in the short term. However, the price action seems incomplete, with substantial liquidity sitting around the GETTEX:48K and $43K levels (as mentioned in my previous article on BTC). The key focus right now is maintaining the GETTEX:54K level. If we lose this level on the daily chart with a confirmation candle, expect lower levels to be swept soon. That said, as long as we hold the current level, we could see a retest of $58K to capture liquidity. BTC Daily:- The daily chart looks promising, as the price has bounced off the support, with a confirmation candle printing today. Stay tuned, and I’ll keep this chart updated. Hit that like button and share if you like it. Thank you #PEACE
COINBASE:BTCUSDLong
by Cryptorphic
Bitcoin Weekly Review September 8th - 14thTLDR: My base case is that next week, Bitcoin will make another LL. I expect volatility and at least one shakeout. Ultimately, Bitcoin will reach a low between 47K – 49K. After making the low, bitcoin will begin a relief rally, lasting until after the Fed meeting on September 17th. My analysis of Bitcoin’s reaction to the previous rate cut in 2020 points to a temporary relief rally and a resumption of the downtrend. However, this rally can be savage and even go beyond the previous high of 65K. If I am correct, next week will be extremely difficult to trade. My best bet is to wait for 49K to get hit and buy with low leverage or wait for a trend reversal confirmation. I realize I strayed from the conventional interpretation of a corrective WXYZ. Some of you were kind enough to reach out and offer your opinion. I will include these as alternative scenarios. Bitcoin Macro Outlook: I believe Bitcoin is in the final stages of a complex wave four correction. After This correction period, I expect a continuation in wave five to around 80K. Where do I draw the line? Price: A weekly close below 43.6K, which is the 0.618 of wave 3. Time: if this correction lasts after October 2024. Figure 1: Macro Outlook. Figure 2: Bitcoin Correction Price & Time Limits. Bitcoin Short-Term Outlook: The selling pressure on Bitcoin is close to exhaustion. However, I still expect the price to make an LL next week. I outlined the path the price will take. “No plan survives first contact with the enemy” (Helmuth von Moltke). The vital part of the plan is for the price to make a double-bottom scenario at around 49K. Invalidation is next. Figure 3: Bitcoin Short-Term Outlook. Bitcoin Short-Term Outlook Invalidation: Bitcoin holds the trendline and advances in a triangle breakout. This scenario is less likely for two reasons: 1. Because of the violation of the Gann Angle (2/1). 2. The daily wick from August 5th has yet to be filled. Figure 4: Bitcoin Short-Term Invalidation. Figure 5: Gann Angles & Wick Fill. Time Over Price: Gann believed that "Time is the most important factor of all." He argued that when sufficient time has elapsed, it could overbalance price, leading to a change in market trends. My premise is that we are due for a short relief rally after next week. Whatever happens after September 14th, I will look for long trades. Best Wishes
by NewThoughtCrypto
#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
Long
by CryptoAnalystSignal
Long on BTC/USDT – 4H TimeframeWe have entered a long position on BTC/USDT on the 4-hour timeframe after the trade was triggered at a key support level. The strategy is to leverage this 4-hour support zone with the goal of targeting the previous high. We will be actively monitoring this trade and making adjustments as the price action unfolds. Key Levels: • Entry: Initiated at the current support level on the 4-hour chart, where buyers have historically stepped in. • Target: Aiming for a move towards the previous high, where the price may encounter resistance. • Stop-Loss: Placed below the support level to protect against further downside risk, ensuring a favorable risk-to-reward ratio. Rationale: This trade is based on the assumption that the 4-hour support will hold, providing a springboard for a move back towards the previous high. The technical setup aligns with a potential bullish reversal, but we remain cautious given the market’s volatility. Risk Management: We will be actively monitoring this position, ready to adjust stop-loss levels and take partial profits as the trade progresses. The focus is on managing risk effectively while capitalizing on the potential upside. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Long
by AR33_
3
Where is the next support zone for #BTC📊Where is the next support zone for #BTC ❓ 🧠Although there was a strong rise today due to the stimulation of the news, a long structure was not established on the hourly chart, so I cautiously maintained a wait-and-see attitude. Today's trend is very similar to yesterday's trend. They both rose sharply and then fell sharply. The difficulty of trading has increased a lot, so please be sure to do a good job in risk management. ➡️At present, we have fallen below the staged support area, and the next strong support area is 50k-52k, which deserves our focus. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Short
by wolf_king888
1
#BTC Bullish Head and Shoulders Structure ?📊#BTC Bullish Head and Shoulders Structure❓ 🧠From a structural perspective, we encountered obstacles after completing the goal of the long structure. Yesterday we also emphasized the strong resistance near 58250. Today we saw the opportunity to build a bearish double top structure near the selling zone and entered a short trade. At present, the goals of this structure have been fully achieved and the short order has been closed. If you opened a short position near strong resistance yesterday, you should reduce or close your position now. ➡️Currently we are in a position where the support zone and the buy zone overlap, which is considered the heaviest support zone. If we rebound from here and can break through the inflection point of 58500, then we have the opportunity to build a bullish head and shoulders structure. If this The structure holds, then we may be able to reverse the downward trend. Let’s see 👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Long
by wolf_king888