btc rally i am still bullish on btc however there seems that a inverted head and shoulder could form in a few days. i suspect we will have a rally tomorrow ,but i am aware that we can see a lower low in big picture, time will tell if this plays out.Longby Mrbigman1
Astrological tradingIf you heard the words "santa's rally" and "this is like 2016", you now know why. We will look at Saturn and Jupiter hours: 6,7,18,19 UTC. Mars hours: 8,20. It's literally that easy. I feel like doing t.a. tomorrow will be irrelevant to be honest. I expect extreme volatility so you might want to check the weather forecast section for the exact intraday cycles of price, along with the time pivots provided above.Longby saturnv41
$BTC following yesterday's updatesYesterday I was initially a bit skeptical that we might not have corrected hard on an Eliot wave yet. But after I delved more into the charts and the altcoins around them, I became more and more positive. Now we actually seem to be getting a bullish breakout that looks solid for now there are a few zones that are super important to keep an eye on. There are a lot of bears on the road around 97k. (Dutch pronunciation: Meaning obstacles on the road) If we manage to break the bears and have the 100k in sight again, that is our last piece of trouble to complete the bull run. For now, wish you a very Merry Christmas Eve and Merry Christmas. More later Be kind to each other and the world!Longby RidgerR2
BTCUSDT - where is supporting region? whats next??#BTCUSDT.. continues selling candles and now market just near to his current expected supporting region. that is around 89000 to 90000 keep close that region because that region will decide market next move of 5 to 8k pips. don't be lazy here. good luck trade wiselyby AdilHussain7313331
Next Bitcoin Long Setup at $87K Next Bitcoin Long Setup at GETTEX:87K Hey Crypto Enthusiasts, I'm eyeing a LONG setup on Bitcoin (BTC) at the $87,000 mark. Here’s why this level is significant: Historical Resistance: GETTEX:87K has previously acted as a resistance level where Bitcoin faced considerable selling pressure. Breaking this barrier could signal strong bullish momentum. Market Sentiment: With recent posts on X discussing accumulation around this price point, there seems to be a consensus forming around this level as a potential entry point for long positions. Technical Indicators: Technical analysis from various sources suggests that this price could be where Bitcoin consolidates before another push to new highs. Analysts are looking at GETTEX:87K as a key area for a bullish breakout, especially if Bitcoin reclaims $59,600 first, which could act as a springboard. Market Dynamics: The surge past GETTEX:87K in November 2024, coupled with significant institutional inflows and a post-election rally, indicates that this level could be a pivot for the next leg up. With Bitcoin ETF volumes soaring and daily network inflows robust, the stage seems set for a possible rally. My Strategy: Entry Point: I'm setting my limit orders around $86,386, just below the GETTEX:87K mark, to catch any dip buying opportunities. Stop Loss: Manual stop loss below $83,831 on a 4-hour close to protect against unexpected drops. Targets: Aiming for new highs, with immediate targets at $93K and $96.5K, based on current market liquidity and futures data. Remember, always do your own research and manage risk appropriately. The crypto market can be volatile, and this is just one perspective on a potential setup. Stay tuned for updates, and let's see if Bitcoin can make another significant move! Merry Christmas! #Bitcoin #CryptoTrading #LongSetup This is not financial adviceLongby orangehodler1
BTC USD IdeaWe are closely looking level 90,682.58 on the BTC/USD pair. It appears the market is entering a bearish pullback towards the end of the year. On the order book, we see large funds selling positions to secure year-end profits. We consider this market condition a pullback phase if we break through the 90,682.58 fractal low. This is normal and occurs every December in the markets. Overall, we only scalp trade during December and January, without expecting any significant moves. We will keep you posted if volume returns to the markets.Shortby themarketknight1
FinalThe next stage has begun. No comments. Just silence and patience is all that is needed. When we finish, there will be comments again. Don't fight the market!by just5Updated 1
BITCOIN end of correctionThe chart depicts the BTC/USD price action on a 1-hour timeframe. Here’s a detailed analysis: ### Key Levels: 1. **Resistance Levels:** - **Pink Zone (101,880 - 102,602):** A strong resistance area where price failed to break higher multiple times. This zone shows selling pressure and marks a critical area for a potential breakout or reversal. - **108,267:** A major resistance level further up, yet to be tested. 2. **Support Levels:** - **Blue Zone (92,628 - 94,496):** A significant support area, as price has bounced from this zone multiple times. It represents strong buyer interest. - **90,690:** A lower support level, indicating the next target if the price breaks below the blue zone. 3. **Intermediate Levels:** - **99,011 - 99,316 (Green Zone):** Previously acted as support and resistance, indicating a pivotal level. - **100,698 (Orange Line):** A key psychological level, aligned with the round number of $100,000. --- ### Chart Patterns and Trendlines: - **Downward Channel:** The red descending trendline highlights the current bearish momentum, with lower highs and lower lows. - **Potential W Reversal Pattern:** The double bottom formation near the blue support zone suggests a possible bullish reversal. If confirmed, the price could break above the descending trendline and target higher resistance zones. --- ### Price Action Insights: 1. **Current Movement:** The price is trading around $95,433, slightly above the blue support zone. This suggests consolidation after a recent bearish trend. 2. **Key Rejections and Bounces:** - Multiple rejections in the pink zone indicate strong resistance. - Clear bounces from the blue support zone emphasize its importance. --- ### Potential Scenarios: 1. **Bullish Scenario:** - If the price breaks above the descending red trendline and sustains above the green zone ($99,011 - $99,316), the next target would be the orange line ($100,698) and eventually the pink resistance zone. - A breakout above the pink zone could trigger a strong rally toward $108,267. 2. **Bearish Scenario:** - If the price fails to hold above the blue support zone, the next target is $92,628. Further downside could lead to a retest of $90,690. --- ### Summary: - The chart reflects a consolidation phase after a bearish trend. - Bulls need to reclaim $99,316 and break the red descending trendline to shift momentum. - Bears will aim to break below $94,496 for further downside. This analysis suggests close monitoring of the $94,496 and $99,316 levels to anticipate the next directional move.by amerjaradat2
Daily Analysis of Bitcoin – Issue 235The analyst believes that the price of { BTCUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.Shortby MoonriseTA1
BTC analysis Its time for correction!! Bitcoin has began a downward trend that seems to have concluded at $92,400 on the 1-hour timescale after resisting and setting a new all-time high of $108,230. The market is, nevertheless, at a pivotal juncture. Bitcoin is likely to remain positive if it breaks $101,200, and negative if it is unable to keep above $96,277. demonstrating that this reduction was only remedial. If not, a break below $96,277 would indicate a chance to short. However, prudence is urged; swiftly acquire gains and refrain from greed. Entry1: 99,000 Entry2 :"97,000 Entry3 96,000 Tp1: 92,500 TP2: 88,000 TP3:80,000 Shortby limitissky771
BTC till Trump Soo, even you are going to be sad... Should open your eyes and be objective about events and cycles. So, what do you think?Shortby olargold1
Bitcoin Mid TermFirst Impression: The BTC/USD pair appears to have dropped below the $95,000 level and is under selling pressure. Strong support levels are evident in lower regions. The price is retracing toward levels that previously acted as support during bullish moves. Volume Analysis: No notable increase in volume is observed on the chart. This could indicate that the current downward move is a low-volume correction or that the market is indecisive. However, if volume increases, the likelihood of the downtrend continuing may rise. Price Action: The price is trading around $94,000, showing downward movement. Below, key support levels are visible near $90,700, $88,000, and $85,000. These levels have historically been areas where strong buyers stepped in, making them potential zones for price reactions. Positive Scenario: If the price holds at $94,000 and starts a recovery move, it could climb back above $95,000. In this case, $97,500 would be the first target. Sustained movement above this level could push the price back toward the psychological resistance at $100,000. Negative Scenario: If the price drops below $94,000, a decline toward $90,700 becomes more likely. A break below this support level could lead to further declines to $88,000 and then $85,000. This scenario would indicate continued selling pressure. High Probability: Given current market conditions, it is highly probable that the price consolidates between $90,700 and $94,000 for some time. The balance of buyers and sellers in this zone will determine the direction of the next trend. Overall: The BTC/USD pair is trading near a critical support zone. The $94,000 level should be closely monitored; a drop below this level could drive the price toward lower supports. For upward recoveries, $95,000 and $97,500 are the first resistance levels to watch. Strategies should be adjusted based on volume and price action.by CryptoSignalAPP1
Macro setup on BTC (bullish)Zooming out from the four-hour to the weekly (my favorite timeframe). It is easy to note that the chart does not look quite as bearish. The BBWP and stochastic RSI needed this cool off zone for a few days/weeks, this allows for continuation. BTC did not quite hit my target before the expected downturn. This remains my PT1. I believe we will see around 140k my April 1st given the fib projection. Once I see BTC hit around 140k, I will wait approximately 10 days and start to take profits on my alts I have been holding and averaging into. I am not willing to wait to see how that ends up. I will leave a few select alts to run until the end of cycle top which should be around 200k. Remember, no one ever got hurt from taking profits. Longby Apollo_21mil1
Bitcoin: Pulling back to catapult forwardBitcoin isn’t done. We’re starting some pullback action. Possibly to gain some momentum for the propel forward. Don’t let this lil shit shake you out. Stand still, stand firm.Longby TheFinalBoss3
BTCUSD is taking an elevator UPClearly defined UP channel + hold very well the resistance to support line. No matter what you hear in the news, Bitcoin is bullish. Remember, that "worth" and "value" are subjective, not objective. A luxury handbag... does not have its value in the cost of materials, it has its value in the mind of the people who buy it...Longby ZoharChoUpdated 112
Possible Reversal on BTCStep 1-3 of reversal setup has already taken place. If it fails to break the 0.27 and retest then we should consider continuation to the downside. This is not financial advice. Longby breakouthunter821
Bitcoin Crucial Support LevelBitcoin is still showing strong Support around the: GETTEX:92K zone area. Multiple times this area has been retested. Until we break bellow, I’m still optimistic🚀 Bulls have still managed to prevent the bears pushing price action further to the downside 👀😬 Remember this was just a correction, not a crash 💥 🙌🏻Longby Bitcoin_Benny2
Revolutionize Your Bitcoin Trading: Top Price Action TechniquesBITSTAMP:BTCUSD @Alexgoldhunter Analysis Using Price Action Techniques Key Technical Elements Break of Structure (BOS): The chart shows multiple BOS annotations, indicating significant changes in market structure. The first BOS is marked around the 16th, showing a bullish breakout. The second BOS is marked around the 18th, indicating a bearish breakout. Fibonacci Retracement Levels: The Fibonacci retracement levels are drawn from a recent high to a recent low. The key levels are: 0.786: 103910.11 USD 0.705: 103376.675 USD 0.618: 102795.43 USD 0.5: 102012.5 USD 0.382: 101229.97 USD These levels can be used to identify potential support and resistance areas. Volume Analysis: The volume bars at the bottom of the chart show the trading volume. Higher volume bars indicate stronger buying or selling pressure. Relative Strength Index (RSI): The RSI is shown with a value of 44.80, indicating that the market is neither overbought nor oversold. Moving Average Convergence Divergence (MACD): The MACD indicator is shown at the bottom, with the MACD line crossing below the signal line, indicating bearish momentum. Buy Strategy Entry Point: Consider entering a buy position near the 0.618 Fibonacci level (102795.43 USD), especially if the price shows signs of reversal with increasing volume. Confirmation: Look for a bullish BOS and RSI moving above 50. Target: Aim for the 0.786 Fibonacci level (103910.11 USD) or higher. Partial profits can be taken at intermediate levels (0.705 and 0.618). Stop Loss: Place a stop loss below the recent low or the 0.5 Fibonacci level to minimize risk. Sell Strategy Entry Point: Consider entering a sell position near the 0.786 Fibonacci level (103910.11 USD), especially if the price shows signs of reversal with decreasing volume. Confirmation: Look for a bearish BOS and RSI moving below 50. Target: Aim for the 0.5 Fibonacci level (102012.5 USD) or lower. Partial profits can be taken at intermediate levels (0.618 and 0.382). Stop Loss: Place a stop loss above the recent high or the 0.786 Fibonacci level to minimize risk. Summary Buy Strategy: Look for a bullish BOS, high volume, RSI above 50, and enter near support levels (Fibonacci 0.618). Sell Strategy: Look for a bearish BOS, high volume, RSI below 50, and enter near resistance levels (Fibonacci 0.786). Simple VIP Signal ENTRY: 102795.43 USD TP1: 103376.675 USD TP2: 103910.11 USD SL: 102012.5 USD By using these price action techniques, traders can develop a strategic approach to buying and selling based on key levels and market structure. Remember to always manage risk with appropriate stop loss and take profit levels. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and mindsby AlexgoldhunterUpdated 2
BTCUSD Long and Short TargetsRed dots are short entries. Green dots are long entries. BTC is in a consolidation phase along with most of the crypto market.Longby fritbjorn2
this is why BTC dropped from a technical standpoint this is what I see: BTC is testing the biggest challenge which is the YEARLY top trendline so it can be tough to break the PULLBACK can be painful for investors if btc cant break this zone (especially alts) But if and when btc finally breaks that, it will be huge and we might not see btc below that trendline again in the future only time will tellby Cleerboy1
BTCUSD : Good luckThis is a follow-up to the chart published on 14 Nov. As I said, patience is important. As to what happens next, it depends on luck. Good luck.Shortby i_am_siew1
Bitcoin Likely to See Slow and Choppy Price ActionBitcoin has re-entered the range zone between $99,108 and $103,033, suggesting that we may experience slow and choppy price action in the coming days. 1. For now, Bitcoin has established support at $99,108, which could lead to increased bullish momentum toward the upper boundary of the range at $103,033. This move could occur from the current price level or after a dip back to $99,108 (dashed green projection). 2. A strong breakout above $103,033 with sustained momentum would turn Bitcoin bullish on the 4-hour chart and could set the stage for a rally toward $107,658, the next significant resistance zone (solid green projection). 3. If Bitcoin fails to hold support at $99,108 and breaks below this level, the chart would turn bearish (dashed red projection). The bulls’ last line of defense is at $97,000. A breach below this level could lead to intensified bearish pressure, driving the price toward the $94,500 support zone (solid red projection). Consolidation within the $99,108 to $103,033 range, with Bitcoin maintaining a moderately bullish bias, could create favorable conditions for Altcoins to perform well.by Trade-Lean2
Bullish Market structure Rules *A bullish market structure is defined as a structure that forms a series of Higher highs (HH) and Higher lows (HL) What can we expect on a Bullish market structure? *Price has to break previous HH and respect previous HL *We should be expecting BUYS on discounted prices How can i identify discounted prices? -You can use Gann box -You can use Fib Tool -Anything below 50% is considered "Discounted price" -Order block below 50% level I personally use the FIB tool 71.8%-78.8% levels. that's where i look for trend change. How do you identify valid trend change? * Reply in comment sections The illustration highlights the recent BTC market structure. Educationby Ocean981