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BTCUSDTPERP

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
#BTC reaches support zone📊#BTC reaches support zone✔️ 🧠From a structural perspective, falling below the neckline means that a larger short structure has emerged, and the overall trend direction is biased towards the short side. A break below the bullish defense level at the 4-hour level means we have swept the liquidity pools, so a strong rebound is reasonable. There are two resistances we can see at present. One is resistance near the neckline 57093, and the other is strong resistance near the turning point 58250. ➡️From the perspective of wave theory, we can clearly see an Elliott pulse wave. Wave 5 stops exactly in the support zone, so it is also expected to rebound. ➡️But the overall direction is biased towards the downward trend. If we want to reverse this trend, we need to build a long structure above the hourly level near the support area. Otherwise, don’t be too optimistic. 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
Short
by wolf_king888
Bitcoin Analysis==>> Reversal Patterns==>UP/UP/UPBitcoin is moving near the Support zone($58,000-$56,600) . Regarding Classic Technical Analysis , Bitcoin seems to have succeeded in breaking the upper line of the Falling Wedge Pattern . It is also possible to form the Inverse Head and Shoulders pattern . Regarding Elliott wave theory , Bitcoin seems to have completed the Double Three Correction(WXY) . This wave is part of Corrective Waves . Also, we can see Regular Divergence(RD+) between Consecutive Valleys . I expect Bitcoin to go UP to at least the target of the Falling Wedge Pattern . My previous post titled " Bitcoin Analysis==>> Pumping Again==>>Short term " is still valid Note: If Bitcoin loses the Support zone($58,000-$56,600), we should expect Bitcoin to fall to $55,000(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
26
#BTC ideal target zone has been achieved📊#BTC ideal target zone has been achieved✔️ 🧠From a structural point of view, the target area of ​​the long structure built in the yellow support area has been fully realized, so we need to be alert to the risk of a pullback. We are currently in the red selling zone, and it is unreasonable to chase the rise. Unless we can build a new long structure or break through the selling zone again, don't be too optimistic. ➡️At the same time, all the long orders we held in the support area have been closed. Congratulations to our friends who followed Wolf King to print money and received generous returns. 💰🍻 🤜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
Short
by wolf_king888
3
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
Long
by CRYPTOMOJO_TA
11
#BTC/USDT Urgent Update!### BTC/USDT Technical Analysis (1D) **Overview:** Bitcoin is trading below the 50, 100, and 200 EMAs, within a descending channel, indicating a bearish trend. A break above these EMAs could trigger bullish price action. **Key Points:** - **Resistance:** $61,802 (channel top), $60,364. - **Support:** $54018, 47,710, $43,882. - **Invalidation Level:** $54,018 (daily close below). **Scenarios:** 1. **Bullish:** Break above EMAs and channel top could target $68,000. 2. **Bearish:** Failure to break above EMAs and a close below $54,018 may lead to a drop towards $47,710 or lower. **Conclusion:** I think the price must break soon in the next few weeks, likely following our scenario with the blue forecast lines. Watch for a breakout above the EMAs for bullish potential; otherwise, expect further downside within the channel. Do let me know what you think in the comments section and please hit the like button. Thank you #PEACE
by Cryptorphic
Bitcoin - COVID vs RECESSION fear comparison#BTC #Analysis Description --------------------------------------------------------------- The monthly chart for Bitcoin is displaying a pattern reminiscent of the 2020 COVID crash chart. In 2020, Bitcoin experienced a similar crash, leading to a significant wick in the monthly chart. We are currently observing a similar pattern in 2024, attributed to the market crash caused by recession fears. I anticipate a recovery in the price similar to what was witnessed in 2020. Such a recovery would confirm the presence of a bull market. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Bitcoin Weekly Review – September 1st – September 7th.TLDR: My bias remains bearish. According to my analysis, Bitcoin is in a complex WXYXZ correction. Ultimately, this correction will lead Bitcoin to lower prices of as low as 45K, possibly lower. However, all hope is not lost for the bulls. The possibility of a bullish continuation exists under the following conditions: 1. Bitcoin must make an HH above 65K. 2. The correction period will not exceed beyond December 2024. 3. The price must stay above 49K. High Probability Scenario for September 1st – 7th. I expect Bitcoin to dip into the daily demand zone (54K-56K). This will end Wave A, and a bullish reaction will follow in Wave B. Trade Idea: Entry: 56K SL: below 54K Target: 62.5K. R: R: 1:3.3 Don’t set a limit order. Follow the PA. Price can reverse slightly above 56K or further into the demand zone. Low Probability Scenario for September 1st – 7th. Bitcoin continues to make an HH, completing wave 1 of 5. Trade Idea: Entry: 66K SL: 67.3K TP1 58K, TP2, 55K R: R to first TP is 1:6 Is a 100K Bitcoin Still Possible? Bitcoin’s wave 3 top was 73.777K on March 13th, 2024. Since making the ATH, Bitcoin has been in a wave 4 correction. As far as the criteria for invalidation are concerned, a continuation in wave 5 is still possible. A continuation in Wave 5 is possible as long as: 1. Price: The price doesn’t close a weekly candle below the 0.618 retracement at 43.5K. 2. Time: Theoretically, wave 4 can last 300% longer than wave 3 and is still considered valid. However, this is a textbook definition, and I think it’s senseless. Between 1 and 1.618, fib time is realistic. According to this criterion, Bitcoin must enter wave 5 territory between September 9th and December 30th. You must understand that the longer Bitcoin stays in a correction, the bigger the chances of the macro headwinds catching up with Bitcoin and cutting any bullish continuation at the knees. China is already experiencing a recession, or, at the least, an economic slowdown coupled with deflation. So is the EU and the U.S. I don’t want to go into the details of each Zone’s economic performance, but if you are economically savvy, you already know the score. As I see it, Bitcoin must begin wave 5 no later than October 2024; otherwise, it will be too late. Also, for a realistic chance at 100K per Bitcoin, 49K must be the lowest price. 100K Bitcoin Roadmap: From a macro view, we must assume that 49K was the lowest point in a WXY complex correction and that Bitcoin is already at the initial stage of wave 5. Wave 5 Roadmap: For a realistic chance of continuation in wave 5, we must assume that 49K was the end of a complex WXY correction in wave 4. Also, Bitcoin must make an HH in wave 1 of 5 as early as next week! After making an HH in wave 1, Bitcoin must retrace in wave 2, no lower than 0.786 retracement at 52.8K. Bitcoin can then push higher in wave 3 to the 1.618 extension at 81K. Retrace in wave 4 to 70K and push higher between 90K and 100K in wave 5. For this scenario to be realistic, Bitcoin must make an HH to around 66K next week—it then needs to hold above 53K in the wave 2 retracement. Without an HH or if it falls below 53K, the chances of continuation in wave 5 will significantly diminish. Gann Support to EW analysis: Pulling a Gann fan from the bottom of Wave 1 to the top of Wave 3 on a squared chart supports the EW analysis. From a Gann standpoint, the current support level for Bitcoin is the 2/1 angle at 55K. If Bitcoin doesn’t close a weekly candle below 55K, it is good for continuation. Lose 55K, and it will continue lower. Daily Chart Analysis The daily chart analysis remains almost the same as the previous weeks. 58K is the most significant support level on the daily TF. If Bitcoin loses the 58K support without making an HH first, it will open Bitcoin to a bearish continuation. Initially, to fill the wicks on weekly and daily TFs but ultimately to 45K and possibly lower. The primary bias remains short. As Bitcoin continues to chop around the 200D EMA with low volatility, I am not interested in trading micro moves. If you intend to trade Bitcoin long, look for a break above the 200D EMA and a retest. Best wishes
by NewThoughtCrypto
2
BTC/USDT NEW ENTERY TO 65k+BTC has a signal long-term breakdown trend but is still able to make a new entry to 65K again since the trend still has not made the confirmation of the breakdown trend. Can BTC have a new volume that will bring BTC to 65K again? This is exactly what we will follow in the coming time frames. The best studies are made with the moment live data follow. At this moment the data shows there is a good possibility, to confirm this we should follow the trend with time since it can change. The key is to change with the trend and to expect nothing from ourselves, only what the data shows. The momentum data shows positive BTC from 59k
Long
by SatochiTrader
Bitcoin Analysis==>> Pumping Again==>>Short termBitcoin moved towards the Support zone($58,520-$57,100) as I expected . Bitcoin is moving in the Support zone($58,520-$57,100) . According to Elliott's wave theory , Bitcoin seems to have completed another Zigzag corrective wave . I expect Bitcoin to start rising again from the Fibonacci levels to my targets . Note: If Bitcoin loses the Support zone($58,520-$57,100), we should expect Bitcoin to fall to $55,000(at least). 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 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
9