BTCbearish divergence double top in terms of TA BTC looks like its heading downwards Use SL please good luck by YMaki2
BTC SHORTTF 1 day Breakdown Notification The main points are identified with Fibo There are also marks on the image on the candlesticks, in the range of this particular movement.Shortby Dredvik113
TradeCityPro | Bitcoin Daily Analysis #1👋 Welcome to TradeCityPro! This is the first analysis in the Bitcoin series on the channel, which will be uploaded daily. In this series, we will analyze futures triggers that can provide us with positions on the same day. Therefore, most of the analyses will be conducted in lower timeframes. ✨ However, in today’s analysis, I will also cover Bitcoin in higher timeframes since this is the first analysis and needs to be comprehensive. 📅 Weekly Timeframe In the weekly timeframe, we see a strong uptrend where the last leg started from the 54,900 bottom and moved up to the 104,700 resistance. The candle volume has been mostly bullish, aligning with the uptrend. 🔍 Currently, the price is resting below the 104,700 resistance, and the last weekly candle, which closed just yesterday, resembles a rolling pin, indicating indecision among buyers and sellers as the price moved both up and down but ultimately closed in a range. 💥 In RSI, there are two crucial support levels. The first is at 61.85, which RSI is currently near, and if it reacts positively to this level, a new bullish momentum could enter the market. The next support is at 43.90, a critical level for market momentum. As long as RSI stays above this level, bullish momentum remains in the market. 🔼 For the next bullish leg to start, RSI likely needs to enter the overbought zone, attracting more buyers and initiating the next wave. In terms of price action, breaking the 104,700 resistance would be the best trigger for the next move. ⚡️ On the other hand, the price has so far corrected to the 0.236 Fibonacci level near 90,000 and still has the potential for further corrections. If it continues, the next support levels are at the 0.382 and 0.618 Fibonacci zones, which overlap with 81,800 and 70,000, respectively. 📣 Since this series will have daily updates and we will analyze the weekly timeframe after each weekly candle closes, I won’t discuss lower supports or higher resistances until the time is right. 📅 Daily Timeframe In the daily timeframe, the price is ranging between 91,925 and 106,612. As seen, the price has been rejected from the range high for the second time and has dropped to 96,312. 🧩 Bearish momentum has been decreasing since reaching the 96,312 support, and a rounding formation is gradually forming. A positive aspect is that if Bitcoin establishes a bottom in this zone and moves toward the range high again, it will create a higher low compared to the 91,925 support, increasing the chances of a breakout to the upside. 📊 The volume of the last red candles in the bearish leg has been quite low. In the two recent green candles from yesterday and today, the volume is also very low, meaning the price might soon start its movement. So, it’s best to move to lower timeframes to find a suitable futures trigger. ⌛️ 4-Hour Timeframe In this timeframe, I won’t analyze much but will instead focus on identifying futures triggers. 🔽 For a short position, the setup is quite clear. There is a solid trigger at 95,798, which the price has tested multiple times, making it a reliable trigger. Since this short position is being opened within the range and near the range low, it should be taken quickly and secured at low risk-to-reward ratios like 2 or 3. It is not an ideal trigger for a long-term trade. 📈 For a long position, the first trigger was the breakout of 97,304, which has already happened, and the price has confirmed above this level. If you haven’t taken a position on this breakout, you can enter on a pullback if a suitable candle forms or if there’s a trigger in lower timeframes. Keep in mind that this trigger is the riskiest, so enter with minimal risk. ✔️ The next long trigger is at 98,937, which is more reliable. If the price stabilizes above this level, we can expect a bullish leg toward the range high. ⌛️ 1-Hour Timeframe In this timeframe, as seen, the price is pulling back to the 97,304 level while engulfing the previous red candles. RSI is also stabilizing above 64.12. If the candle closes as it is, a long position will be suitable. The key resistance level is at 99,730. 📉 For a short position, the trigger remains similar to the 4-hour timeframe. However, since the price has faked this level in this timeframe, we should wait for another reaction at this area to confirm the actual trigger point. ⭐️ Now, let's analyze the dominance charts. A full dominance analysis will be provided separately. The Total2 analysis will be posted tonight, and the USDT.D and BTC.D analyses will be done tomorrow, but for now, they will be reviewed in the 1-hour timeframe. ⌛️ BTC.D Analysis In the 1-hour timeframe, we see Bitcoin dominance increasing after reaching the 61.34 bottom, which has contributed to Bitcoin’s recovery following the fake breakdown at 95,798. 👑 If dominance stabilizes above 62%, more money will flow into Bitcoin. In this scenario, if the market moves upward, Bitcoin will rise more than most altcoins, and if the market drops, Bitcoin will decline less than others. The main resistance is at 62.66. 💫 On the other hand, if dominance falls below 61.34, less money will enter Bitcoin. In a bullish market, Bitcoin will underperform altcoins, and in a bearish market, Bitcoin will drop more significantly. ⌛️ Total2 Analysis In the 1-hour timeframe, the 1.22 level in Total2 overlaps with 97,304 in Bitcoin. However, as seen, Total2 is still below this support and hasn’t confirmed above it yet. The reason is the increasing Bitcoin dominance, causing altcoins to move less than Bitcoin. ☀️ The main resistance in Total2 at this timeframe is 1.28, which is also the key long trigger. 🔽 For a short position, Total2 offers a better trigger than Bitcoin. If Total2 breaks below 1.16 while Bitcoin dominance increases, shorting altcoins will be a better option than Bitcoin. ⌛️ USDT.D Analysis As seen, the candle has closed below the 4.51 support in this index, and it has more overlap with Bitcoin than Total2. ✔️ The trigger for an increase in USDT dominance is 4.64, which would lead to a market decline. The alignment of this trigger with the short triggers in Total2 and Bitcoin could provide strong confirmation for those trades. 🔑 For a long position, breaking below the 4.40 support in this index would be a good signal. The main support is currently at 4.22, and if this level is broken, the market could begin its next bullish leg. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️by tradecitypro1212130
BTCUSDT - H4 Analysis For Next Possible Move!Hello Traders! As price is moving within a downward-descending channel, which suggests a bearish trend. The chart labels this pattern as a Descending Channel, which typically signals continued downward movement unless a breakout occurs. Bitcoin is currently priced at $97,680. A breakdown from the descending channel, leading to lower price levels. The target price is set at $84,020.27. The price is expected to test the lower boundary before breaking further down. If BTC breaks below $92,604.67, it may trigger further declines toward $84,020.27. Alternative scenario May wait for a breakout above the descending channel to confirm a trend reversal. If BTC breaks upward, a move toward $100,000+ could be considered. Thanks Regard: PipsOptimizerShortby PIPsOptimizer5
Bitcoin’s Falling Wedge Pattern Breakout—Next Stop: $100K?Bitcoin ( BINANCE:BTCUSDT ) started to fall after US indices(Core CPI m/m_CPI m/m_CPI y/y) were announced but rose again. One of the reasons for the rise of Bitcoin in the previous minutes was Trump's speech , which talked about negotiations with Russia ." Trump: Putin and I agreed to have respective teams start negotiations immediately ."= The possibility of the end of wars , in general, can increase investment security. After several attempts to break the Support zone($96,520-$95,720) , Bitcoin failed to break this zone and created a Fake Break . Bitcoin is above the Support zone($96,150-$94,760) and near the upper lines of the Falling Wedge Pattern . Regarding Elliott wave theory , Bitcoin seems to be completing the Double Three Correction(WXY) as the main wave X was completed minutes ago . I expect Bitcoin to break the upper lines of the Falling Wedge Pattern soon and rise to the Targets I specified on the chart. Note: If Bitcoin goes below $93,800, we have to wait for an attack on the Heavy Support zone($93,300-$90,500), and there is a possibility of a heavy fall in this situation. Do you think the Falling Wedge Pattern will eventually increase Bitcoin? Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Longby pejman_zwinUpdated 2424129
Bitcoin Bearish ModeBitcoin cant break to back to trendline this is signal Bitcoin can go lower in around 91k and if 90k break we will see 76-80kShortby Calon_Sultan9
Btc reacting off a major resistance zoneFollowing Price action technically, price is reacting off a major resistance zone. When that holds we anticipate 104kLongby PrimeMastery1
$INDEX:BTCUSD Death Cross Potential - 200 EMA test imminent INDEX:BTCUSD BTC has been stagnant since the initial excitement over the political landscape got brought back to earth through the talk of steep tariffs by the US on imports from its main suppliers and trading partners. The DEEPSEEK bomb went off around the same time sending the big buyers to put a pause on accumulating crypto and we have seen the this translate into a very weary market. And Now because of investor insecurity smart money is waiting for the price to fall to take advantage of the fear that we are witnessing the end of the cycle and 20k btc is around the corner. No Such luck, however we do get a nice DEATH CROSS on the daily looking like weekend price movement is bound to see selling pressure that will drive the 20 EMA below the 50 EMA which will see bearish results in price and pressure to trend downwards Anyone reading my Posts knows that I've been eyeing the 200 EMA on the daily as a zone that we are bound to visit before the market can continue to increase and set higher highs. I've previously given my reasons why in previous posts ie. convergence, fvg, support. I believe this could be the pressure that will drive is into those mid to low 80k areas that seemed so far away a few weeks ago, low 70's are also in play if we can't hold the 200 EMA or the psychological 80k support . I believe that enough buyers are waiting down there for those fire sale prices that once we do hit the 200 EMA it will be paramount to assess market conditions before going full in on the bounce likely to take place around 84,500k the 200 EMA's relative area that ties into the liquidity in the FVG. by dasBoot2
BTCUSDTThis chart shows a short setup on Bitcoin. 📉 Quick Analysis: 🔹 Timeframe: 15 minutes 🔹 Entry: Around $97,550 (red line) 🔹 Stop Loss: Around $98,043 (gray box) 🔹 Target: Around $95,825 📊 Key Points: ✅ Price rejected from a previous resistance zone and entered a liquidity area ✅ Strong bearish candles after hitting resistance ✅ Favorable risk-to-reward ratio ❓ Do you think this trade will hit the target or get liquidated? Shortby Aliirezaeii4
BTC/USDT AnalysisI attempted a breakout trade on the descending channel, but unfortunately, I got stopped out. The price initially showed signs of breaking above the channel, but the resistance held, leading to a pullback. Despite the stop-loss hit, I’m still watching for a potential bullish move. If the price reclaims the breakout level with strong momentum, I’ll consider re-entering for a long position. Confirmation with volume and a higher high would strengthen the bullish case." Let me know if you want any modifications! 🚀by Tradeaione2
BTCUSDTHello Traders! 👋 What are your thoughts on BITCOIN? Bitcoin remains in a neutral and range-bound trend, currently trading below a key resistance zone. At this stage, two possible scenarios can unfold, as illustrated in the analysis: 1. Bullish Scenario: If the price successfully breaks above the resistance level, it could signal a continuation of the uptrend. In this case, entering long positions after a confirmed breakout would be a more strategic move. 2. Bearish Scenario: If Bitcoin fails to break the resistance, a rejection could lead to a decline towards lower levels. Therefore, it is advisable not to enter buy positions until the breakout is confirmed. Don’t forget to like and share your thoughts in the comments! ❤️by HAMED_AZ121286
Whether it can be supported and rise near 97226.92 is the key Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1M chart) Half of February has passed. Since the BW(100) indicator was created not long ago, it seems that it will take some more time to know whether it will act as support and resistance. The current BW(100) indicator point is 102429.56. Since the M-Signal indicator on the 1M chart is passing around 70K, it is not strange if it falls at any time. On the other hand, it is not strange if it rises at any time. - (1W chart) Since the HA-High indicator of the 1W chart was created at the 97226.92 point, it is important to see if there is support around this point. Since the M-Signal of the 1W chart > the M-Signal of the 1M chart, we need to see if the price can be maintained above the M-Signal indicator of the 1W chart. - (1D chart) The key is whether it can be supported around 97226.92 and rise above the M-Signal indicator of the 1D chart. - Since the StochRSI indicator is in the overbought zone, if it falls near 97226.92, it is possible that it will touch the 92792.05-94742.35 zone. At this time, the important thing is to maintain the price above the M-Signal indicator on the 1W chart. To do so, the price must be maintained above 91231.0, which is the low point on February 3. - This volatility period is until February 17. The next volatility period is around February 24 (February 23-25). Therefore, do not relax and check whether the price is maintained by rising above the M-Signal indicator on the 1D chart, and whether the M-Signal indicator and Trend Cloud indicator on the 1D chart turn upward. If it turns upward around 97226.92, 1st: 101947.24 2nd: 103706.66-104.463.99 You should respond depending on whether there is support around the 1st and 2nd above. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 ----------------- by readCryptoUpdated 9
BTC/USDT chart analysis.BTC is hovering around the previous trendline and will be testing it as potential support after the breakout. So far, it remains above the green demand zone ($92,000 – $95,000), indicating buyers are stepping in. 100-day MA (purple line): BTC bounced off this level, reinforcing its significance as a dynamic support. BTC remains above it, a bullish sign, but a breakdown could change the momentum. Support: $92,000 – $95,000 (green zone). Resistance: $100,000 – $102,500, which has been a selling zone recently. Do you want a trading strategy based on this setup? If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA Longby CryptoSanders95635
#BTCUSDT Broke out on the LTF!#BTCUSDT Broke out on the LTF, forming a structure similar to what we saw on February 3rd, 2025. Technically, it’s likely to hit GETTEX:98K , and then potentially $100k. The key resistance zone is currently at $102k, which is crucial. BTC is also trading right at the support level on both the LTF and HTF, which are positive signs. All we need now is a bit more volume. Don't forget, that institutions are still buying! 🚀 Let me know what you think in the comment section and please hit the like button if you like it. Thank you #PEACE Longby Cryptorphic1119
BTC CPI 1H (Jan) CPI (YoY)- PREVIOUS: 2.9% FORECAST: 2.9% ACTUAL: ?? Consumer price index data release rolls around once again, this time the forecast is no change (0.0%) remaining at the same December 2024 level of 2.9%. It is important to note that after this data release there isn't any further news events of note until next month so BTC no planned interference from data releases. As we go into the data release volatility on the LTF is common and so maybe we'll see a break of this painful trend bitcoin has been stuck in since the sell-off event. With that in mind here are some entry ideas for longs and shorts: Long: - The safest option/ highest probability would be a breakout from the bearish downtrend, a retest as new support and begin the move up back towards RANGE HIGH. - A sweep of the green bullish OB zone with a tag of the lower bearish trend line. A good R:R IMO with the first point of interest being the LOCAL RESISTANCE/ bearish trend high. Short: - The bearish scenario would be a loss of the $91K support level that has held for the last 10 weeks in a row and is the daily range low. If price accepts under that level things could get ugly as there is no support until $85K. by ProR35Updated 446
BTC/USDT chartwe haven't seen a #BTC daily candle close above $106.5k despite multiple attempts. a dailycandle closing above 107$(approx) would be bullish; other wise be prepared for another pullbackby Tradeaione1
Market is Weird (BTC down -15% ---> Altcoins -45%) Dump sign In this educational post we want to talk about investors money and Assets which is usually now down by 40% more or less and we also explain the reason of that before it happens in previous educational posts: Now lets talk about the Topic and why the market is weird and you all know that and the reason is: Take look at some major Coins i provide down here comparing to Bitcoin fall from Top to Low in previous month: 1. ETHUSDT(-48% fall): 2. DOGEUSDT(-58% dump): 3. SOLUSDT(-40% fall): 4. SHIBUSDT(-64% dump): 5. XRPUSDT(-48% dump): So Bitcoin is only down -17% from ATH and need only that much correction and soon after that it is recovering that loss but other Altcoins even did not catch new ATH and if they did now they need 50%-60% correction and dump?? Lets explain more about view of most Investors not the whales and then you see what is going on? most of the new investors or even old investors bought or buying Altcoins or meme coins or max they buy ETH because they usually say that here is Dream world and BTC can not do +300% in one day but my XRP can or my MEMECoin can do +1000% even or ... so most of traders and investors and new People have Altcoins instead of Bitcoin so the market now is receiving some fall and correction and may need that correction because we need down and Up and it is not always pump pump pump, so now most of investors which have Altcoins are in a huge loss so they open chart of Bitcoin and see every thing is fine and the supports are strong and this was short-term fall and soon my Altcoins will also rise to hit new ATH like The god bitcoin but it is not happening. and i think they are holding Bitcoin Up and hitting new ATH to sell more Altcoins to us, and make the chart of them looks good to enter now because now Altcoins charts looks great and they look like the correction and fall ended here but this may be the beginning. Notice: Long-term i am bullish too but if you are going to get panic if you see -40% or -50% on your wallet so take care because this usually happen in crypto and if you hold good coins it usually turn to +100 to +300% profit in next years or months. So take care and also i may be wrong and this weird market and dump in spot maybe was made by market to put out some panic holders and buy their token to pump market even more. so every thing is possible and this was my view that the more dump is coming. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚 by MMBTtraderUpdated 3232487
TradeCityPro | Bitcoin Daily Analysis #2👋 Welcome to TradeCityPro! Let’s analyze Bitcoin and identify suitable futures triggers for the New York session. ⌛️ 1-Hour Timeframe If you entered a position yesterday on the price pullback to the 97218 zone, you're now in profit. If your position has a risk-to-reward ratio of 2 or higher, I recommend securing some profits. Otherwise, if you want to keep your position open, watch the 98903–99946 range, and if the price gets rejected from this area, secure your profits. 🔍 We also have new trade setups for today, with two triggers for long and two for short, either of which could activate. For a long position, a breakout of 98903 or 99946 is suitable. The 98903 breakout is riskier since we’d be entering a long position within a resistance zone, while the 99946 breakout may be difficult to enter as it might not provide a strong confirmation candle but is a safer long entry. 🔼 The key resistance above these two triggers is 101819, which can be used as a target. A breakout above 64.74 in the RSI would also serve as a momentum confirmation. 📉 For short positions, the first trigger is a breakdown of 97218, which has acted as a strong minor support. If we see a reaction here, this level will be confirmed, and on a second test, we can enter a short position. A breakdown of the 50 level in the RSI would confirm this setup. However, this is a risky trade, so it should be taken with minimal exposure. ✔️ The next key level is 95797, which has seen multiple price reactions. If the price forms a lower high below 101819, the chances of breaking this level increase. The target for this short setup is 92700. 👑 BTC.D Analysis Yesterday, I mentioned that if Bitcoin dominance stabilized below 61.34, long positions on altcoins would be more logical, which played out as altcoins outperformed Bitcoin. ✨ Today, if BTC.D remains below 61.06, it could indicate a trend shift in higher timeframes. Conversely, if it reclaims 61.34, Bitcoin could once again be the better choice for long positions in a bullish market. ⌛️ Total2 Analysis Total2 triggered its setup alongside Bitcoin and is now testing the 1.24 zone. The only long trigger at the moment is a breakout of 1.24. However, keep in mind that the primary trigger was at 1.22, and the next major trigger is at 1.28, making any long entry now quite risky. Personally, I wouldn’t take this trade. 💫 For short positions, wait for the price to drop back below 1.22, then use Dow Theory and a break of the newly formed low as a short entry trigger. ⌛️ USDT.D Analysis Now, let’s analyze USDT.D. This index began its decline after breaking 4.51 and retesting it. The next trigger is at 4.41, and if it breaks, we can expect a further drop to 4.22. 🧩 On the other hand, if it reclaims 4.51 and moves toward 4.64, it could increase the likelihood of Bitcoin’s 97218 short trigger being activated. If USDT dominance rises, the target will be 4.64. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own analysis before opening any position.by tradecitypro9968
Bitcoin may drop to support line before reboundingHello traders, I want share with you my opinion about Bitcoin. We can observe how the price entered a range when analyzing the chart. It initially dropped to the support level, aligning with the buyer zone at the lower boundary of the range. After spending some time trading near this level, the price dipped further into the buyer zone but quickly rebounded, rising to the upper boundary of the range. Following this, the price reversed and fell back into the buyer zone, where it consolidated for a while before climbing back into the range. Shortly afterward, Bitcoin rallied to the resistance level, corresponding to the seller zone, breaking out of the range and eventually surpassing the 104600 level to reach a new all-time high (109000 points). However, BTC then began to decline within a downward channel, where it broke below the 104600 level again and dropped to the channel’s support line. Although the price attempted to recover, it failed and rebounded from the seller zone back to the buyer zone. Subsequently, the price moved back into the channel, creating a false breakout, and continued its downward movement within the channel. Given the current structure, I anticipate that BTC might drop to the channel's support line before initiating a new upward movement. Based on this outlook, I’ve set my target price (TP) at 101300 points. Please share this idea with your friends and click Boost 🚀Longby LegionQ8Updated 2323593
Bearish Pattern on BTC with short to pivot point.If price action breaks below 97'1K we should start to see the decline back down to the pivot at 96'2KShortby jasonrraynor114
Bitcoin's Current PlaybookBollinger Bands Squeeze: - Price is compressing near the basis ($97,100) with narrowing bands (volatility = 809 ATR). - A breakout above $98,331 or breakdown below $95,869 could trigger a strong directional move. Momentum Indicators: - RSI (48.66): Neutral, but RSI-based MA (53.57) hints at slight bullish divergence forming. - MACD: Bearish crossover (MACD < Signal line), but histogram (-18) shows weakening downward momentum. Volume & Trend Strength: - Low ADX (14.52) confirms weak trend – consolidation phase. - Volume is muted (391), typical before a volatility spike. Scenarios to Watch: 🔵 Bull Case: - A 4H close above $98,331 (Upper BB) targets $100,000+, especially with rising volume. - MACD reversal + RSI breaking above 55 would confirm bullish momentum. 🔴 Bear Case: - Breakdown below $95,869 (Lower BB) opens path to $94,500 (Zoomed-in chart support) and possibly $92,100. - Watch for MACD histogram deepening into negative territory. Strategic Takeaway: - Aggressive Traders: Scalp the range between $95,869 – $98,331. - Conservative Traders: Wait for a confirmed breakout with volume surge. - Risk Note: Always pair entries with stops (e.g., 1.5x ATR = ~1,200 points). by MonoCoinSignalUpdated 5
BTCUSDT CHART MAPPING IN 30M TF Hello Guy's Welcome To Another Day Of TRADING Here we are mapping chart of BTCUSDT ( BITCOIN ) in 30-M TF RESISTANCE LEVEL. 97300/98100 TARGET WILL BE. 94800 The analysis suggests a rising wedge pattern, which is typically a bearish signal. The price has broken below the wedge support, and the chart indicates a short trade setup with a target around 94800 USDT and a stop loss at approximately 98800 USDTShortby Art_of_TradingFXUpdated 9
BTC to $90K-$92K Range?I have to concur with those calling for BTC, fundamentals notwithstanding, to retest the order block formed by the wick down on 1/13. The 100d SMA, price action has closed beneath that. Anchor a VWAP to the 12/17 HH, price action has closed beneath that. (The order block in question is 2 standard deviations south.) Anchor a volume profile to the 12/17 HH, price action has closed beneath the POC, though it has broken back above repeatedly. Momentum has stalled, though BTC remains oversold--and both volume and money flow are weak. Is this worth a short??? We are talking about a 5% drop? I myself am inclined to eschew shorts in an oversold environment. And BTC has been fickle as #eff so far in 2025. The best play for those who want to trade the move is to wait for confirmation of a bottom in the lower 90's and long what might well result in a short squeeze. Thought? by sean788083