Bullish for bitcoin Hello guys btc drop to my low risk area 68k to 69k so here we have a good oppertunity before US election for buy bitcoin.
tp 100000 dollars per bitcoin
BEARUSDT trade ideas
Support Arround 68274 , Resistent 75510.61I'm just learning to analyze, hoping this is true.
Support Arround 68274 , Resistent 75510.61
The Beginning.. h-1 US Predesident ElectionI have entered according to the picture and because it has reversed below, previously I had put a buy limit around 66K but it turned out that CRYPTOCAP:BTC did not reach support level 2.
see you tomorrow on bull run if trump win.
BTC - Daily Close SignalHere is an update to our previous post:
As you can see we did have another daily candle close the body EXACTLY on our trendline of old resistance that is trying to be flipped into new support. Also we have a hidden bullish divergence forming on the daily RSI.
Even if price wicks lower tomorrow, if we get a third daily close right on this trendline it should give us confirmation the next higher low has been set.
This volatility period is until November 5th
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When a new candle is created on the 1W chart, I will explain it in an update.
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(BTCUSDT 1M chart)
If the BTC price touches around 89K, it is expected that it will never be below 42K again.
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As the new month begins, the StochRSI indicator is showing an upward turn.
However, since the StochRSI EMA is located around the 50 point, we can see that volatility still remains.
The point to watch is whether the price is maintained above the StErr Line and rises above 71280.01 to challenge the ATH.
The black line without any numbers indicates the upper or lower point of the box section of the HA-HIgh or HA-Low indicator.
The upper or lower point of the box section of the HA-Low and HA-High indicators on the 1M and 1W charts can be used as support and resistance points when trading.
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(1D chart)
While falling below 68393.48, it is touching the entire MS-Signal indicator and showing an upward trend.
Accordingly, it is thought that the possibility of support in the 68393.48-70148.34 section has increased.
Therefore, if support is confirmed in the 68393.48-70148.34 section, it is a time to buy.
As I mentioned in the previous idea, the pull back pattern is a pattern that can be recognized when it is completed.
Therefore, it is quite difficult to buy at the bottom of the pull back pattern.
That is why, when the decline begins after the rise, you have no choice but to check the importance of the support and resistance points drawn on the 1M, 1W, and 1D charts and think about countermeasures for them before preemptively trading.
Therefore, since the probability of failure is quite high, you must think about a loss cut or selling method before trading.
If you buy in the 68393.48-70148.34 section and it rises above 70148.34,
1st: 71280.01-72344.74
2nd: 73620.12
You must check for support near the 1st and 2nd above and respond.
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This volatility period is expected to start around November 4th and end around November 16th.
Accordingly, we need to keep an eye on the movements around November 4th (November 3rd-5th), November 10th (November 9th-11th), and November 16th (November 15th-17th).
In order to rise along the linear regression channel, the price needs to rise above 70148.34 to maintain its position, so whether it can find support and rise in the 68393.48-70148.34 range is key.
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We choose the time frame chart to trade according to our investment style and trade according to the movement of that chart.
Accordingly, we will look at the time frame chart to trade most of the time.
Also, since most trading charts are likely to be below 1D charts, there is a high possibility that you will trade without understanding the overall flow.
Therefore, before starting a trade, you must check and understand the flow of the 1D chart and then trade.
Otherwise, you may trade incorrectly due to fakes or sweeps when trading on time frame charts below 1D charts.
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Add the StochRSI indicator to the 1D chart.
Set the StochRSI indicator as shown in the picture above.
Then, you can check the movement similar to the StochRSI indicator that I use.
(The best way is to share my chart and paste the indicator into your chart.)
Then, if the StochRSI indicator is rising based on the 50 point,
- you should focus on finding the time to sell,
- if it is falling, you should focus on finding the time to buy.
Depending on the location of the StochRSI indicator, volatility may occur.
1. When falling in the overbought zone
2. When located in the 50 point zone
3. When rising in the oversold zone
When the above three movements occur, the price may show volatility.
If this volatility occurs at a time, you should check the movement of the 1D chart to avoid being caught in a fake or a sweep.
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The trend-based Fibonacci extension shown on the left was drawn at the point where this rise began.
Therefore, you can use it only as a reference for chart analysis.
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It doesn't matter which time frame chart you start trading on.
However, you can create a trading strategy that matches the investment period, investment size, trading method, and profit realization method according to the time frame chart and respond accordingly.
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Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Short term analysis bit time frame of one hour.Short term analysis bit time frame of one hour. It seems that the atmosphere is a little calmer and let's attack the roof again.
BTC update (1D) - Nov 03 2024BTC reached ATH and faced a strong rejection in the ATH supply zone. BTC's correction since March has become the most sophisticated one in the entire history of Bitcoin!
So it's indeed difficult to predict moves in longer timeframes but if the chart's daily bearish divergence works, we'll probably see BTC heading for 62,000 zone within the next couple of weeks .
If price moves above 69,000 we going bullish The price appears to be retesting after breaking the support on the 1H TF, but we anticipate that it will rebound and rise.
Btc 4hr idea Those who got caught with their pants down can now pull back their pants , Macd Bearish momentum on the 4hr seems it’s getting exhausted but not quite turned bullish yet . This could probably retrace to go higher at this support. Uptrend channel has support as 66.1k if this 68700 support fails .
BTC/USDT LOCAL Short SignalI'm observing a bearish trend on BTC/USDT. Bitcoin has broken through a significant support level around $67,606, indicating potential further downside. The setup is clear, with an entry just below the support level, aiming for a substantial move lower.
Bitcoin has shown continued selling pressure, with lower highs and lower lows, indicating a downtrend. The breakdown of support aligns with this trend, suggesting a continuation of the bearish momentum. This trade follows the momentum, aiming to capitalize on the downward move.
Disclaimer:
This is not financial advice. Please conduct your own research and use appropriate risk management in trading.
BTC/USDT.P UpdateIf you haven't already, you might want to take advantage of this retrace to start building towards BTC ath breakout that is most likely coming in the near future. Here are some great DCA points you can take advantage of if that is what you would like to do. This is what I'm doing 😄
Trade safely, and remember to play on both sides! @Nate Alert
Be Prepare for The US President ElectionThe pattern is right in my box,
For now i think will sideway or liquidity grab down then will up again (if trump win)
and i just got info from insider, if you gambling and want to all in your money with meme coin trump, saga, or tremp or etc, if you believe he will win it's fine, if he lose can make market crash and will liquid with all posisition.
so be careful and trade with what you see, not what you feel.
Support Where?Price tried to find support at the red area, it held on well for a short while but price broke below the weak red support area. Price will probably head back to the blue support level. If the blue support level does not hold, then there might be a lot of blood. Stay safe.
Bearish Reversal or Bullish Continuation?Using a trendline on the close of the weekly candles we can see a clear breakout. While price has broken out of the downtrend line, price is facing residence exactly at the previous high and a giant bearish weekly candle is printing. I’m 50/50 right now. This weekly candle can be the beginning of a very ugly bear market, but at the same time we cannot neglect the fact that price has broken out of the downtrend and this may be a retrace for a retest on the weekly chart.
Bears are in trouble - 78K locked Your favourite chart guru is pointing out a crash and CT influencer have sold their bags , that's bullish.
My chart shows an income bounce which will bring us to 78K , which would mark the us elections pump, afterwards i expect i deep decline.
NFA.
Retail traders expecting bullish BTC ahead of electionsAccording to the CBOE COT report, most non-reportables (aka retail traders) are expecting bullish results in the coming days/weeks.
This is opposed to the positions of hedge funds, who are hedged neutral, likely expecting a bearish response to buy into dips later on.
A likely fakeout of the triangle will lead to a price around 64.9k, which is a decent 5% correction from current levels.
Bitcoin Forming GraveStone Doji "A reversal is on the horizon".
A "Gravestone doji" is a pattern of candlestick analysis that forms at the top of an uptrend and warns market participants of a bearish trend reversal. Sometimes, this pattern emerges at the bottom of a downtrend, signaling a bullish reversal.
Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
#BTC Cup handle bullish structure📊#BTC Cup handle bullish structure📈
🧠From a structural perspective, we broke through the short defense point, which means that the short structure was destroyed. Without the short structure as an obstacle, it will be much easier for us to continue the bullish trend at the monthly level in the future. If we continue to adjust and accumulate strength, the structure may evolve into a bullish cup handle structure.
➡️This time we challenged the historical high and failed with a gap of $156. Combined with the international situation, the Fed's interest rate cuts, and the uncertainties of the US election vote have led most assets to choose a wait-and-see attitude.
➡️Although the market is gradually cooling down, we don't need to be too discouraged. A healthy correction is conducive to a better rise in the future.
Let’s see 👀
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BINANCE:BTCUSDT
BTCUSD 65K INCOMING SELL NOW!!!!!!!!BTCUSD completed +1,678pips from my recent calls or posted idea on btc now we have the price take out the sell side liquidity and price have already made a retest from the fvg with multiple rejections my next goal liquidity level is to see BTC arrive at 65k then once that zone is taken out price is expected to keep dropping till 59k is completed for now am in on sells ....
JOIN AND ENJOY
TELL US YOUR VIEWS ON BTC.........
Bitcoin Short Signal | 4-Hour Timeframe🟣 Entry Point: Bitcoin recently lost the key support level at $68,800 with a strong bearish candle, signaling sellers’ intent to push the price further down. This break opens an opportunity for a short position.
🟢 Technical Analysis: The $65,000 level stands as an important dynamic support. This level aligns with a trendline connecting two major lows at $49,000 and $52,500. If the price reaches this zone, buyers may temporarily halt the decline. However, if $65,000 breaks with strong selling pressure, Bitcoin may likely target lower levels, indicating a further weakening in the market structure.
🔴 Key Levels:
Entry: After breaking and consolidating below $68,800
First Target: $65,000, as a dynamic support level
Second Target: If $65,000 breaks, there is potential for a move toward lower support levels
Bitcoin Scalp shortTarget $67800- $67570
I entered already but anyone just seeing this might be able to get 2RR until $67570-67550 from current price.
