Trading Signal For BTCUSDT BitcoinTrading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (Futures) (1h)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 61555.0
⭕️SL @ 62400.0
🔵TP1 @ 59300.0
🔵TP2 @ 57900.0
🔵TP3 @ 55500.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
Cryptopamm
Crypto Market will fly!I did a lot of research an analysis, but everything is pointing out to the upcoming rally across the crypto market. When looking at Total Market Cap, it is quite obvious that there is a huge bull flat. If I to trade TOTAL, this would be my setup, but this could only be the very beginning of a huge rally.
EURPLN Short Trade SetupAfter conducting an analysis on EURPLN, we are excited to present our trade setup.
This opportunity boasts a favorable risk/reward ratio, although it does require patience due to a longer waiting period.
Nevertheless, swing traders may find this setup intriguing and worth considering.
30% collapse by Wealth Fargo (WFC)Wells Fargo (WFC) recently tested and briefly exceeded the key psychological resistance at $60. However, this move above $60 was short-lived, followed by a strong downside wave accompanied by significant selling volume. This price action could be an early indication of potential weakness.
Additionally, a bearish divergence has formed on the CCI oscillator, further supporting the idea of a possible trend reversal. Given these signals, WFC is presenting a solid risk-reward short opportunity that seems worth considering. Keep a close eye on this setup as it develops!
Premium Long Trade Setup: DUSKUSDTToday, I’m excited to share our premium long trade setup for DUSKUSDT. Let’s start by focusing on the critical $1.45 support level, where we observed a clean rejection of the 161.8% Fibonacci support. This rejection is a strong positive signal, indicating a potential trend reversal for DUSK.
Currently, we see the completion of a 5-wave move to the upside, which confirms that this rally is not merely an ABC correction. With the 5-wave structure complete, it’s logical to anticipate an ABC correction to the downside.
We’ve strategically placed our buy limit order at $0.2211, offering a robust 1:3 risk-reward opportunity. Additionally, we’ve set three upside targets. Upon reaching the first target, we plan to secure 50% of the profit and simultaneously eliminate the trade’s risk. This approach allows us to manage the trade with confidence, knowing that we’re in a strong position for potential gains.
Let’s monitor this setup together and enjoy the process. Happy trading!
Altcoin Season Approaching? BTC Dominance Signals Major Shift!Yesterday, Bitcoin Dominance (BTCD) tested the 50% Fibonacci resistance level at 2,848, resulting in a significant daily bounce off this key level. Today, BTCD is attempting to break higher. However, if the daily close remains below this resistance, we anticipate a sharp decline.
In this scenario, Bitcoin Dominance could experience a substantial pullback, potentially targeting the 50% Fibonacci support area near 2,600. This support level not only aligns with Fibonacci analysis but also corresponds to a previous resistance zone, indicating strong market activity at this point.
If this bearish scenario unfolds, it may signal the onset of a robust Altcoin Season. Traders should prepare for the opportunities that may arise during this period!
BANDUSDT Elliott Wave BreakdownIn this video, we conduct an in-depth analysis of BANDUSDT, examining its price action across multiple timeframes. By applying Elliott Wave theory, we aim to map out the potential future price movements and identify key turning points in the market. Additionally, we integrate insights from the Smart Money Concepts indicator, which provides us with a clearer understanding of market dynamics and potential zones of interest. This comprehensive approach allows us to develop a well-rounded trading strategy for BANDUSDT, balancing both short-term and long-term perspectives.
Bitcoin Bull Run Continues: Why Bitcoin Could Break Through $74kThe long-term Bitcoin trend remains distinctly bullish, highlighted by a powerful breakout above the top of the average-price uptrend channel. This breakout propelled BTCUSDT to a high of $73,881, followed by a significant 33% correction. This pullback found strong support at the 50% Fibonacci retracement level, around the critical $50,000 psychological mark. This price level is pivotal for several reasons.
Firstly, it was previously a strong resistance zone that has now flipped into solid support, demonstrating a classic technical analysis principle. Secondly, this level aligns with the concept of equilibrium, based on the Smart Money Concepts indicator, demonstrating a balance between buyers and sellers at this price area. Thirdly, it's the bottom boundary of the average-price ascending channel, adding further significance to this support zone.
Moreover, the robust defense of this $50k area by buyers underscores the healthy long-term demand for Bitcoin. This combination of factors suggests that as long as BTCUSDT stays above the $50k support zone, the overall trend will remain bullish. Consequently, the likelihood of a continued price increase outweighs the possibility of a downturn.
Looking forward, we expect BTCUSDT to continue its upward trajectory, with a potential target at the previous high near $74k. If this resistance level is breached, the next target could be the 161.8% Fibonacci retracement level, corresponding to the $90k psychological price mark.
However, it’s essential to remain vigilant. A sharp break below the $50k support zone could trigger a significant decline, potentially pushing Bitcoin down to the $40k or even GETTEX:25K support areas. Traders and investors should be prepared for such a scenario, balancing their bullish outlook with prudent risk management strategies.
Altseason ahead: Bitcoin Dominance - a Pullback, or Reversal?BTCDOMUSDT is showing signs of being overheated, and we believe the price may have topped out, at least in the short term. This comes after a strong rejection at the double Fibonacci resistance level around the psychological 2600 mark, suggesting that a significant pullback could be coming.
Currently, the price seems ready for a relief bounce, which should mark the beginning of a long-term trend reversal. If this scenario plays out, we might witness a massive altcoin rally as funds rotate out of Bitcoin dominance and into alternative cryptocurrencies.
Keep an eye on this setup, as it could signal an exciting opportunity for altcoin traders. Prepare for the potential shift, and stay tuned for what could be an electrifying period in the crypto markets! 🔥
TokenUSDT 50% Growth in just one WeekTOKENUSDT has established a strong demand zone around the $0.07 price level, marked by significant bounces on June 18 and just yesterday, July 24. These rebounds highlight that buyers are actively defending this support level, indicating potential bullish momentum ahead.
Given the current price action, we're anticipating a 50% rally in the near term. The key resistance to watch is around the psychological $0.10 level. This area is reinforced by both the Volume Profile and Fibonacci retracement indicators, making it an ideal target for mid-term bullish traders.
What makes this setup even more intriguing is the convergence of the resistance trendline and Fibonacci resistance around July 30. This suggests that the rally could unfold any time, and last just one week, offering an exciting opportunity for those looking to capitalize on this potential move.
KLAYUSDT is about to explode!Today we had a buy signal on KLAYUSDT, which offers a great risk/reward opportunity.
What we expect is the price to go for the top of the channel and also test 88.6% Fibonacci resistance.
HBAR could have completed long-term ABC correctionBased on the Elliott Wave theory, it seems that HBARUSDT has been undergoing an ABC corrective pattern throughout the past two months. The correction has ended right at the previous supply area, which has transformed into a demand zone.
Therefore, it is reasonable to assume that buyers are starting to be active from the current price and we expect quite a rally from this coin. By the way, out buy signal has triggered, with precise stop loss and exit price.
How to double your Bitcoin with TONBTCThe long term analysis on TONBTC shows a completion of a 440 days of an ABC correction. Based on the Elliott Wave pattern we expect a continuation of an uptrend, and potential completion of a major wave 3 to the upside.
The nearest upside target is 80% away, which allows nearly double the Bitcoin value.
What do you think of this setup?
NEOUSDT is up for a 300% jumpAre you one of those long-term investors? Then the NEO coin might be just for you. By the looking at the weekly chart we can observe a breakout of the long term supply zone, indicating a shift in trend. Following the breakout, price has corrected heavily, and found the support at 88.6% Fibonacci retracement level. So as can e seen, this Fib level is also a great demand zone for long term investors.
Therefore, we expect a 300% rally in the coming months. It will not be an easy and fast ride, but a bumpy one. Nonetheless, the great RR buying opportunity is open for those who see the massive potential for NEOUSDT.