BTC Buy and Sell ChartBTC Buy and Sell Chart based on a custom RSI. Know exactly when to buy and when the seell BTC, apply the custom indicator to any asset.
BEARUSD trade ideas
BTC - Finally a Trade Worth TakingSo in our group the other day I posted a trade with a potential target of 95k. Yes we have been patient and patient and even more patient waiting for the right setup. Finally I there was a setup I liked and so we took it.
This was a broad seven (7) month consolidation which is often indicative of 4th waves. Look at Gold for example, broad consolidation before the next leg higher. Well same here for Bitcoin.
Now why Goldie do you take a trade at "the high"? I know you will hear many so called Furu's talk about not wanting to take a trade at a high. Well the philosophy on this is equities making new highs, make higher highs, and after a broad consolidation, a breakout is generally bullish for the equity.
This is exactly what we have here is a pretty broad breakout. So where was the signal?
Pretty simple here, nice inside bullish pinbar on the weekly with two closes above the upper boundary. I like that, shows selling is likely exhausted. Continuations occur after selling is exhausted and often when shorts get stuck trading the boundary. Here we are.
Though I have added some Bitcoin during the consolidation, (I sold my BITO and bought BTC outright, I didn't like the speed of decay) I am also taking a trade here.
Now who knows what happens, it is not uncommon to get a retest of the boundary before the move happens, and if so, and we get tapped out, I will just look for another trade. The key here is we are getting 3:1 or better on our RR so if I am right 50% of the time, I am making money!
There are a couple other coins I am looking at for this next bull run, and as I shared with the group today I have bought another coin in anticipation for a bull run. I am looking at always adding some more because once my buds that don't trade anything start talking about buying ELO I already want to be positioned.
Markets are still bull and I am going to follow up with a silver report. BULLL on silver baby!!
BTC - Current State of the MarketAfter a phenomenal rally above the critical $70,000 level, BTC has accomplished another feat.
It has successful closed above the critical $71,300 level.
This is one of the confirmations of the start of the next leg of the bull market, but we are not out of the territory of a pullback yet.
Once we close a second 3D candle above this key level (outlined in orange) this will be our confirmation candle of the breakout. What we could see happening is a slight pullback over the next three day to retest that line, close at that level with the next 3D candle, then start the bounce. This would demonstrate a very strong bullish retest.
No matter what happens, BTC is in a very good spot and is following the same bullish patterns presented in previous 4 year cycles.
BTC to 72 Ultimate ICT/SMC Concepts Clarity wow look at the algorithm at work if you know you know. lets start with the sellstop raid of 53 then we proceeded with orderflow of bullish order blocks being respected as well as the fair value gaps. present time we price breaking out of an inversion fair value gap. the highs over 72 are too smooth price will want to gravitate towards that. that is my bias
I take it this is it....Buckle up and I will see you on the other side. Don't forget to cash out profits on the way up. Otherwise you will be panic selling on the way down.
BTC bullish signsBitcoin looking quite bullish on the 1W.
-RSI finding support and sustainable beakout
-breakout of bearish trendline
Daily chart also promising.
-blue band broke out of the 200d-SMA
-blue band acting as support
All in all very bullish outlook. But there still is more strength to be prooved.
BTC POSSIBLE ROUTE TOWARDS DECEMBER !!Sorry for the mess, what you're interested in is the purple arrow here.
We might be looking at a correction before it reaches a new top again, something like 75K in beginning December ;
Even though a lot of traders tend to think now's the time to get in for the 100K rally, we think this is more a zigzag/scalping opportunity and not a long term yet.
BTCUSD Eyes New Highs Amid Bullish MomentumHello,
BITSTAMP:BTCUSD is currently pushing toward new highs, testing the previous 1-year peak at 73,835.57. Elevated selling pressure appears to be emerging, likely as a short-term response. However, all signs point to continued bullish momentum in the medium to long term. Setting a trailing stop loss is advisable at this stage. If the price consolidates above the 73,835.57 high, further upside is likely; if not, we may see a retest of the 1-week/1-day pivot points.
TradeWithTheTrend3344
The 2-year MA multiplier for bitcoinThe 2-Year MA Multiplier is intended to be used as a long term investment tool.
It highlights periods where buying or selling Bitcoin during those times would have produced outsized returns. ...
Buying Bitcoin when price drops below the 2yr MA (green line) has historically generated outsized returns.
We still in the bullish zone, do not fear!Still a bullish trend, small pull backs are required, so don't fear the red sticks... embrace them
Inverted expanding triangle completed in BitcoinCRYPTOCAP:BTC has now completed the 7-month inverted expanding triangle. Consolidation at new ATHs sets a target of 94,000.
Exciting Movement In BTC!!! Watch Me Break It Down!!!I mentioned multiple scenarios but, I sort of cut myself short on the bear scenario #2. This is where climatic activity turns into bearish selling pressure. For bulls we really want to hit the measured move target at $75k that means we have likely broken out.
BTC about to create a new highPrice has been bullish on BTC and currently price is moving to create a new high
Is the bitcoin rally over? Am I too late?no. usually bitcoin continues to hit new all time highs when it double tops at resistance and breaks through on higher timeframes like the weekly. the daily may be overbought, but look for this to push toward $79k soon.
Bitcoin - 100 Billion $ Historical Liquidations | ALL TIME HIGH!Bitcoin is only a very small step away from reaching a new all-time high. On the following chart, we can see high leverage liquidity from traders around the world.
The most liquidity is around 70k - 73k. Over 100 billion dollars are ready to be liquidated! How is this possible? Most people have their liquidation price exactly around this level on their short positions on futures. They believe the market will go down, but as you know, liquidity can be a very sweet spot for whales; of course they want all orders.
From a technical perspective, bitcoin is forming a bullish pennant, and we have a strong bullish Elliott Wave combo (impulse wave + zigzag wave (1+2)). Wave 3 is in progress.
Bitcoin will most likely experience a massive flash pump, now it depends on whales - will they take the liquidity for their sell orders or let it be to push the price higher? What do you think? Let me know in the comment section. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITCOIN turns parabolic every time the ATH breaks.Bitcoin is testing March's ATH today and history has shown that when broken at this stage of the Cycle, the trend explodes parabolically upwards.
That was the case on the week of November 30th 2020 ATH test. The price pulled back next week but the one after it started an aggressive multi month rally to the 1.618 Fib.
This is the time to buy BTC again and potentially target 190000 by the end of 2025.
Follow us, like the idea and leave a comment below!!
Bitcoin (BTC/USD) on the 4-hour timeframeBullish Scenario: If Bitcoin manages to break above the key resistance zone of $74,000-$75,000, it could confirm a continuation of the uptrend, targeting the upper boundary of the channel around $78,000-$80,000. Strong bullish momentum would need to be sustained, with RSI and MACD confirming the move.
Pullback and Consolidation: Given the overbought conditions on the RSI and Stochastic RSI, there is a likelihood of a short-term pullback towards the $70,000-$71,000 zone or even down to $66,000. If this occurs, maintaining the lower boundary of the ascending channel will be key for sustaining the bullish outlook.
Bearish Reversal: A failure to hold the support levels, accompanied by bearish divergences in momentum indicators, could indicate a potential bearish reversal. In this case, the price could retest key lower supports near $64,000 or even the 200 SMA.
Short-Term Strategy: Monitor the resistance zone of $74,000-$75,000 closely for signs of a breakout or rejection. If Bitcoin breaks this resistance with volume and strong bullish confirmation, it could be an opportunity to go long.
Caution on Overbought Levels: Watch for potential consolidation or minor pullbacks to key support zones, given the overbought readings on RSI and Stochastic RSI.
Election Day Impact: Be prepared for increased volatility leading up to and after Election Day, as this could lead to sharp moves in either direction.
$BTC Hyper Bull CloseupHyperbull is a new phrase, spawned from the depths of the Micro Strategy NASDAQ:MSTR
Get ready for a wave of HyperBull
short-term 4H extended, weekly resistance, ATH resistanceThe BTCUSD chart is on fire, but the moon is beyond the final boss.
This glass ceiling is very unlikely to crack the first time, perhaps take some off the table
Reload on pullbacks to former levels of supports
BTCUSD can defy all logic and run straight through, just don't see it since massive potential good news is priced in. Could be wrong.
not financial advice
BTCUSD: Will it make new All Time High or get rejected?Bitcoin turned overbought on its 1D technical outlook (RSI = 71.973, MACD = 1675.300, ADX = 39.493) as it is on the 4th straight bullish day, approaching the 73,800 All Time High. The rise is being charged by the 1D Golden Cross formation two days ago and with the 1W time-frame still far from being overbought, we can see this bullish trend extending. If it breaks the ATH, we expect a slower ascend to 80,000 but if the price is rejected on the ATH level, we may see a new test of the 1D MA50 (TP = 67,500) so that the market tests the buying strength once more before breaking the ATH.
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BTC - Cup & Handle pattern - 1W - Next Target 118,000BTC completed its Cup & handle pattern, its RIGHT TIME to buy at the breakout of Cup neckline as described in the entry level, Super Bullish environment.
Entry, Stop loss & Take Profit are mentioned in the chart.
Happy Trading
