#BTC/USDT LONG Ready to go higher#BTC
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 101300
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 101900
First target 103400
Second target 105500
Third target 107500
Btcusdtshort
Bitcoin targets for correctionBitcoin after 222 days range hit 27 zone. Now I would like to see correction BINANCE:BTCUSDT.P
Possible Targets and explanation idea
➡️Over 200 days in a range! We move impulse sideways Impulse.
➡️Its a daily timeframe only local zones. Main zones 48-52K by end of year or April May 2024 still relevant
➡️Now we are in a market stage when Bears and Bulls will loose the money
➡️Consensus about "we can't move higher" will be soon from both camp
➡️in a range we got deviation at the top of range and deviation at the bottom
➡️Impulse up, sideways and last impulse to 27 zone work almost in 99% cases like a clock)
➡️Healthy correction will be to 0.23 zone and good correction block for futures marked with SL.
➡️On MP indicator you could see how whales fix main % of position on D tf, then RSI div on daily and continuation of fixations.
➡️ Waiting on D blue zone of money inflow. I think its can took just a week or so before continuation of main trend
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BTCUSDT, is 112K available?Hello traders, hope you're doing great.
with Trump presidency, we can expect another( and probably the last for a while) upward movement for BINANCE:BTCUSDT. therefore I expect a downward correction at first and after that Price will continue to raise to 112K.
what do you think? are you agree with me or not? comment your opinion below this post.
#BTC/USDT Ready to go higher#BTC
The price is moving in a descending channel on the 30-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 98500
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 99100
First target 100090
Second target 101025
Third target 101990
Why Bitcoin is going down, Reason? - fxdollars- {13/01/2025}Educational Analysis says BTCUSD may move DOWN from this range, according to my technical.
Broker - COINBASE
Because the BTCUSD pair showed some bullish weakness, it finally did liquidity, which was taken out on buy-side orders to show a sign of a downtrend, and I am looking to counter-trend this position.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
Top?BTC has potentially formed a top, as mentioned in my previous article, where I discussed the psychological significance of the $100k mark and how the market might react around it.
The market appears uncertain at this level, and if the $92,500 support breaks, we could see a sharp move toward the $79,500 region. Key levels to watch are $73,000 and $53,000.
I am currently short at $100,200, with a trailing stop set at $97,500.
BTCUSDT - its Dead cat bounce ? what's next??#BTCUSDT.. well guys market perfectly holds our area that was discussed in our last idea and now market again make a resonable high for now,
that is 25800
keep close that level because it will be next key level and if market hold it then you can see again drop from here.
downside areas are mentioned on chart..
good luck
trade wisely
"BTC Alert: Sellers Dominate Until the Price Hits the Bottom!"BINANCE:BTCUSDT
COINBASE:BTCUSD
📈Which side you pick?
Bulls or Bears
Bitcoin (BTC) is currently forming a repetitive pattern. 📈 The price will test the identified support at the bottom of the channel, which could drive the price down toward the 86K-88K level. 📉
If the price drops below 92K, we may see a more significant decline into the 84K range, possibly accompanied by a long shadow reaching the 80-82K area (highlighted in red). 🔻🔍
🧐The Alternate scenario:
If the price stabilizes against the direction of the position below or above the trigger zone (92K), the setup will be canceled.
some more bleeding for BitcoinersLike most other charts, a massive dump followed by a downward channel
expected scenario is here
Yellow line MUST work as bottom and lead to a V shape recovery
if it doesn't we can go much lower as medium term bullish structure will be definitively broken. Let's hope the support holds
"BTCUSDT Alert: Short Signal Activated at the Hunt Level!"BINANCE:BTCUSDT
COINBASE:BTCUSD
📈Which side you pick?
Bulls or Bears ----> Quick help: look at Negan's bat!
SL1 ---> Low-risk status: 1x-2x Leverage
SL2 ---> Mid-risk status: 3x-4x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
As you can see, Bitcoin (BTC) is currently forming a repetitive pattern. 📈 When the price pulls back to the identified resistance level, we can expect another bearish move, which could potentially drive the price down toward the 92K level. 📉
If the price drops below 92K, we may see a more significant decline into the 88K-84K range, possibly accompanied by a long shadow in a recent candle pattern. 🔍
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
96,779
95,247
93,254
🔴SL:
101,826
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
BTC/USD Short: FibCloud Rejection and 200MA TargetOn the 8-hour BTC/USD timeframe, I have executed a short position following a clear rejection from the FibCloud, signaling strong resistance at this level. The price action showcases a classic flip of old support into new resistance, further solidifying bearish momentum.
My target for this trade is the $90,000 price zone, aligning with the 200MA on the 8-hour chart. Additionally, order flow data confirms significant sell-side activity, with large orders clustered between the $90,000 and $89,000 levels, providing further confluence for this setup.
The trade is structured to capitalize on the retracement move, with the potential for price consolidation or reversal upon hitting the $90K psychological and technical support zone.
Technicals:
• Entry Trigger: Rejection from FibCloud and resistance flip.
• Target: $90,000 (aligned with the 200MA and key order flow levels).
• Stop Loss: Positioned above the FibCloud to mitigate risk.
• Order Flow Insight: Large sell orders between $90,000–$89,000 add weight to the bearish scenario.
This setup emphasizes a disciplined approach to risk management, leveraging technical and order flow alignment for optimal execution. Stay sharp, and remember to pay yourself!
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.
Bitcoin SellThis coin has been bearish for the past few days, before retracting 50% of the current range.
Currently, it is on the 50% mark, filled the IFVG before strongly rejecting it and acted as a bearish order block.
I do anticipate that the price might be drawn to the sell side liquidity at 91000.
Entry at 95500, Sl at 96700 and target at 91000
BTCUSDT Next Suppport at $87kBINANCE:BTCUSDT technical analysis update
BTC is trading at the support trend line and about to break below it. The price is trading below the 100 and 200 EMA, indicating bearish momentum. If the price breaks down, we can expect a bearish move, with a possible drop to $87K. The next strong support is at the $87-88K level, where we can anticipate a significant bounce.
Regards
Hexa
Will Bitcoin Hold $91,600 Support or Drop to $86K?The BTC/USD 4-hour chart highlights a key support zone at $91,600–$92,200, acting as a strong barrier against further downside. The price is consolidating near this level, with a descending trendline adding bearish pressure.
A bounce from this support could retest the trendline around $94,000–$95,000, while a break below $91,600 may trigger a decline toward $86,000 or lower. Traders should watch for confirmation of a bounce or breakdown.
BITCOIN - Time to be Bearish!The 3-day chart shows a bearish divergence on the RSI indicator.
-A bearish divergence occurs when:
1. Price Action: The asset's price forms higher highs (uptrend).
2. RSI Indicator: The RSI forms lower highs instead of following the price
This divergence suggests that the upward momentum is weakening, even though the price is climbing, which could lead to a potential downtrend or correction.
Based on this a drop to the 80k region is expected, which aligns with the 0.618 Fibonacci level.
This decline perfectly corresponds to the fourth wave of the Elliott Impulse Wave.
Afterward, a significant recovery is expected, representing Bitcoin's final bullish wave in the Elliott Wave cycle (the fifth wave)
My outlook for the chart suggests a decline starting now and lasting until mid-February at most
Best regards Ceciliones🎯
Bitcoin's collapse is imminent Bitcoin's collapse is imminent
Over the past 24 hours, the price swept the shelf of liquidity at 99467, after which right now we are seeing a downward reaction.
The market capitalization is 3.39 trillion and the dominance index is 59.06%.
The fear and greed index is 79 (Extreme Greed).
If we consider BTC from the point of view of structure - the price forms a local descending context. I expect further decline in BTC, at least to the removal of the shelf at 92278, I also do not exclude the deviation from the bottom of the current sidewall, and this is below 90218, up to the test of the first reference area in the form of 1D IMB 85159 - 81534.
I did not take short positions, I will consider long positions when forming a set-up.
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