BTC - EntriesIf we retrace, looking to add to my BITO calls on these 4 hour order blocks. out to January, not far out of the money and just ride. I really don't think we drop down past the lower order block and low volume node.
BTCUSD.P trade ideas
BTC Long to 70K Againi think we are heading again to make a new high because of the analysis on the chart.
we will break a big resistance for the forth try.
the red line is the Stoploss.
please do your own research this is not financial advice.
3 Bullish-Bitcoin Charts 4 The Knocker-Know-It-Alls!
3 Charts very recently taken showing that BTCUSD is headed to 100,000 - possibly by the end of the week. 500,000 is possible by the end of the year - that's right only 8 weeks away.
I sometimes wonder whether some very experienced traders have a concept of value. I am speaking of the cowards who wrote Cryptocurrency off in recent months, even when big Crypto's like BTCUSD were hugging their 200 daily average on D-charts. Maybe it served their agendas, maybe revengeful attacks due to losing big sums of money on Crypto, we all been there I think.
Anyway, is FOMO striking you yet? Are you sticking to your guns not to buy Solana and Bitcoin which are suppose to increase 10-fold in the months ahead.
You see, its simply a sling-shot effect for Cryptocurrency. They were pulled back in their prices quite substantially earlier in the year, then a compression / squeeze period after their selldown (no clear direction), then brought in the sling-shot, launching Crypto prices with compounded buying momentum many more times than their original sell-downs.
Thanks for reading. Here are my accumulated positions in Crypto, in case you are wondering.
AudioUSD, HotUSD, SolUSD, FTMUSD, BTCUSD,TRXUSD, ADAUSD (biggest unrealised profits), DOGEUSD (same big runner), GRTUSD, KNCUSD, HBARUSD (only loser in the red), APTUSD (bought at the weekend & doing well).
That's it I think. Plenty of positions. You don't need this many. Only need 2 or 3 star performers.
11/12/2024. BTCUSD. Hour and daily chartsBTCUSD hourly and daily.
Daily: Buyers Hold==>84,941. Needs to break and hold above 89,693 for next leg higher.
Hourly: Buyers hold==>85,814. Blue line. Break and hold above 89740 pushed to hourly target of 91,048.
Hourly: under 85,814 will push to 83,500 (redline), could see continued drop due to stop runs.
Well $BTC hit my second dip early but didn’t hit the first! This is proving to be much more GRAND than I expected the INFLOW of $ into CRYPTOCAP:BTC spot ETFs and from Alt coins moving less.
But really so much shock and awe is coming! People will continue to buy this retail. And it won’t stop until Christmas is WELL OVER! Don’t short yourself a loss here! If your a day trader go for it but I’d be just Long on small Term trades. Anyway! good luck all and well DONE HODLERS!
BTCUSD - Simplified Outlook 20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
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How I see it:
It is impossible to have an idea at which price in the current stratosphere we can expect some selling pressure.
Easiest to Pathom up at the moment is the 100k phycological level as a short-term target.
Only a correction back to the breakout zone, or at least a strong attempt can shine new light on the short-term outlook.
Just bouncing some thoughts...
I deeply appreciate you taking the time to study my analysis and point of view.
Bitcoin - Time to get in is now
Short and sweet chart - Amazing risk and reward.. Go for it.. Stop Loss is key as mentioned on the chart
Crypto VS Equity : Which you will Choose for 3rd Qtr 2024This chart is very interesting for those who are struggling to find the investment opportunities. We have technical charts, And you can see 4 windows, upper two are cryptos and lower two are Indian Equity index.
Now, if we look at the charts, you can easily understand that cryptos are running for this month whereas the equity part is falling , as we all are quick learners, so we can understand what's happening here.
In simple words money is going out of various asset classes, even the gold, Fd's ,equities and being invested or traded with cryptos.
After the US President election Crypto coins are running in optimism. As Donald Trump have positive stance towards cryptocurrency.
And Nobody wants to be left out And so money is getting out of other investment assets.
I love to here your views on this ... use Comment box
SMA Golden Ratio | CYCLE 4 ATH UpdateIn accordance with historical behavior, BTCs ATH each cycle has corresponded with the next SMA line down (following a multiplication factor of the Fibonacci sequence). As observed in CYCLE 3, BTC tag the BLUE line putting in the Technical High of this cycle meaning CYCLE 4 should tag the Yellow line if History is to repeat. The Second and ATH top of CYCLE 3 tag two lines down hitting the gray line.
We can see BTC has already tag the Yellow line when BTC tage ~73K USD. Looking at CYCLE 3, BTC played with the BLUE line multiple times before settling with the top. Considering this in CYCLE 4 BTC may make another attempt at intercepting the Yellow line again depending no how parabolic BTC will be over the AUS summer period will land the price in the zones discussed in the below post.
BTC in CYCLE 4 may also contact the gray line and in this scenario most tops out around the 100K region December 2024 / January 2025.
BUY / SELL INDICATOR| CYCLE 4 ATH UpdateAssuming we reach the Light Red line again of the BUY / SELL indicator, as per our analysis in the below post this could suggest an ATH for CYCLE 4 could land in the 117K to 157K region.
It is noted while it was the second top in CYCLE 3; our purple line met / crossed but did not exceed past our orange signal line materially (see red arrow above). This marked the second and ATH of Cycle 3. We are approaching this scenario with the orange and purple line as we approach the mid 90K region (see cross and second red arrow above). Worth tracking on your radar.
Again if we continued on as we have with prior cycles and reach either or both the Red Lines of the BUY / SELL indicator we would be expecting a very parabolic period ahead.
CYCLE PIVOT INDICATOR - CTI (Cycle Top Indicator) Cycle 4 UpdateAssuming the CTI (Cycle Top Indicator) again holds true in estimating in real time the potential top for Cycle 4 ATH, as per our analysis in the below post we would be expecting a very parabolic period ahead to land in the discussed cycle ATH zones.
Big Channel on the BTC 1D - will it hold?Hey guys, BTC is almost right at the top of a huge channel - the lines were formed in the last bullrun 21/22. Considering the beginning consolidation of the last hours, I believe we will at least have some more time below the upper line - and more time without any significant gains, might trigger lots of traders to take some profit. This is just my observation and opinion, no financial advice. Im short with targets around 87k, 85k and 83k, will add if we get closer to the upper line. SL slightly above the line. I do not believe that this is a longterm play, I believe we will go above 100k this time, but this channel is the biggest one - the last hurdle, so i expect some downside first.
15 minute Head and shoulder predictionTrump getting elected clearly has impacted the market causing a massive rally. I predict that there will be a retracement to find some common support before it likely goes further up. Low time frame charts are not ideal, but in volatile markets, they can give you clues as to how price will break. Obviously longer time frames have precedence over lower time frames. This chart is mostly just for fun.
Bitcoin TSI DivergenceNoticed something this morning that there is bullish divergence on the 1W BTC chart.
This bullish divergence has happened a few times over the last few years and is followed by a bullish cross on TSI which has always resulted in significant upside.
Possible we see some movement to the upside over the next few weeks?
Emotions Playing out - Sell BTCAfter the winner of the US Presidential Election was announced, BTCUSD like other Crypto surged to their heavens but i believe that the raise is emotional.
Bearish trend will resume in due course. i am waiting for a potential sell trade at the marked zone.
stay safe!
CYCLE 4 Mapping - Cycle 1 to 4 AnalysisMapping of Cycle 4 using Indicators / Risk Metric / Price Action / Measured Moves / Fib Extensions & Historical Cycle Lengths.
Post is intended to be used as an exploratory tool for a future post.
BTC BlowtopBTC finding a nice bounce off the 200 moving average in the middle of the summer lulz all while major stock market indices and gold are at all time highs. Once profit taking initiates from these markets the money flow will enter BTC pushing its prices up in the near final phases of this bull cycle.
a lifetime logarithmic cycle in quartersthe quarterly chart in logarithmic price shows the cyclical arrangement of bull market breaks to new all time highs on the curve. the current bull market has the typical shape of each other breakout in the time cycles along a logarithmic pattern. shown are the logarithmic trend max and channel. this indicates a move inside the curve. during these periods btcusd tends to gain 80% over 3-6 months. im remaining buy sided btcusd for the foreseeable future targeting $124k by april 2025, stop loss as low as $59k.
BTC Nov 2024 : 1000 days base before breakout new ATH
1000 days from recent highs accumulated in the base before breakout new ATH
Bitcoin vs Gold FractalsThe Bitcoin weekly chart shows price action similar to the Gold monthly chart. This fractal suggests Bitcoin may undergo a long correction until the end of 2024. It may drop to USD 50K, bounce, and retest the all-time high again. If this happens, the crypto market will not be good this year. However, it may be good for long-term investors to re-accumulate.
To Moon or not to moon?- 86765 is perfect buy zone; Has plenty of support from the kijun MA, SAR and previous bounce zone. The rising clouds is also a good sign.
- 89620 is the BB median value and a point of previous rejection. The presence of RSI bearish divergence before the rejection also adds weight to this number.
- Presentation of two scenarios using juxtaposition of past iterations of BTC price cycle.
(A) Case where resistance is shattered.
(B) Case where resistance deflects and support does not hold.
Bitcoin Nov 2024 : breakout new ATH - the cycle since 2020
weekly chart from 2020 Pandemic Euphoria , followed by double top , re-basing ( stage 1 ) then followed by breakout ATH
