BTCUSD has Broken the Downtrend Regression ChannelTrump Presidency starts on Monday and the regression channel indicates a long bias.
BTCUSD is building a new up trend
BTCUSD.P trade ideas
BTC BUY IDEALooking for BTC to complete a confluence play here at retest 108k area. I believe a Long is like here for a few different reasons. The first on being as mentioned before, the confluence, last time we were are these price levels we ran to $108k+. So I believe confluence is likely here. Next reason being the pending orders. Naturally since the previous high there are some pending long orders to be activated and generally speaking the “institutions” would benefit from orders activating..
BITCOIN BULL CYCLE?This is just my idea on how i could see this year of 2025 going. Obviously could be very wrong so not financial advice.
BTC at a crucial spotBTC set to close right at the upper range of current long time channel on the daily time frame. It did break the trendline earlier today. With Trump coming in office next week the tailwinds exist for btc, it could be the push that blows btc through the roof and to the first level at 114k or it could be a sell the news event.
Near term bitcoin correctionLooks like bitcoin might be up for near term correction based on M2 pattern it followed in 2016
Bitcoin Testing ATH Resistance
Bitcoin is currently probing its All-Time High (ATH) resistance zone, and given the uncertainty, the outcome is unpredictable. However, the price target of 77K, suggested by the break from the rising wedge pattern, remains a possibility. Meanwhile, the expected Head and Shoulders (H&S) pattern has not materialized.
My take is this: if Bitcoin manages to close a daily candle above the previous ATH, the bullish momentum could take off!
Here's my theory on what might be happening behind the scenes: The bulls might intentionally push the Relative Strength Index (RSI) above its recent lower high to set up a new baseline for a high. This could reset the RSI peak, avoiding bearish divergence signals at the ATH. After this reset, they might then pull back to test the local low before making another attempt to break through the ATH. That's just my speculation, though.
BTCUSDW pattern forming at resistance with a 15 point range (from 107 down to 92)
- Breakout of pattern takes BTC right to 122 which is the old weekly cup and handle pattern price target
- Trump inauguration and "crypto ball" coming with a possible announcement of bitcoin strategic reserve
- Also possible sovereign wealth fund
BTCUSD - 2 months HEAD & SHOULDERS FAILURE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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#BTC update time#Bitcoin has had a solid run after breaking out of the pennant with no retest yet.
Earlier than expected sooner than hoped.
For now it looks strong and positive and we expect that we can go up for quite some time. The only thing I would like to be careful with is that where I expect that we would only go up after Trump's inauguration, we will now do that in advance.
Does this mean that we will get a kind of buy the rumors sell news and that we can then expect a retest.
So far bulls in power and still targeting 133k minimum!
Be kind to the world and each other
BTCUSD BTC/USD Analysis and Signal (4H Chart)
Market Update: Bitcoin (BTC/USD) has maintained a bullish trend, with the price pushing into key resistance levels near 104,270. The price is currently trading at 101,436, showing steady upward momentum.
Key Levels to Watch:
Resistance: 104,270
Support Zones: 99,941
Signal:
Buy Zone: Upon breakout above 104,270 with confirmation (targeting higher highs).
Sell Opportunity: If rejection occurs at 104,270, look for retracement toward 99,941.
Stop Loss: Set below 99,941 to manage risk.
Guidance:
Stay cautious near resistance zones. For buyers, confirm bullish momentum before entering trades. For sellers, watch for bearish reversals in overbought conditions.
Btcusd analysis"As shown in the chart, Bitcoin's potential scenarios are plotted in a four-hour time frame, and it is currently fluctuating within a range channel. Since Bitcoin's trend in the daily time frame is bullish, there is a higher probability of breaking the channel ceiling, making this the base scenario. If this happens, Bitcoin's trend in the daily time frame will remain bullish. In case of a pullback, you should enter with the confirmed strategy, aiming for the level of 106,000 as the first target. However, if it breaks the channel floor, Bitcoin's trend in the daily time frame will turn bearish, with the possibility of falling to the level of 50,000. Otherwise, we expect Bitcoin to continue moving within the channel according to the third scenario, allowing us to buy and sell at the ceiling and floor of the channel."
BTC new ATH incomingGreat Morning!! Bitcoin pushing for another ATH breaking out of a bull flag with a fib target of $110,000. Today is the last day of the current administration, with Trump coming in on Monday and today being Gensler's last day in office. #LFG Check out #XRP which usually runs last but this cycle is leading the way.
target hit 104000Trade Update
BTC/USD Trade
1. _Target Price:_ $104,000
2. _Status:_ TARGET HIT
Congratulations on reaching your target price! Your trade was successful!
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 wisely
target runningTrade Update
BTC/USD Trade
1. _Target Price:_ $104,000
2. _Running Pips:_ 190
3. _Status:_ TARGET RUNNING
Your trade is progressing towards the target price of $104,000. Keep monitoring the market and adjust your strategy as needed.
BTCUSD 12/20/2024Performance Recap (Previous Analysis from 10/8/2023):
• Entry: 27,948
• Targets Achieved:
o 63k (+127.81%)
o 96k (+244.56%)
• High Reached: 108k
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BTC/USD Daily Chart Analysis
Technical Analysis (Current Scenario):
Chart Patterns:
• Cup and Handle Formation:
o Confirmed breakout signals bullish continuation.
o Long-term uptrend reinforced.
Indicators:
• Golden Cross: The 50-day EMA has crossed above the 200-day EMA, signaling a bullish trend.
• MACD: Firmly in bullish territory, confirming positive momentum.
• Hammer Candlestick: Closed at support (around 92K), indicating potential reversal and entry point.
Support and Resistance Levels:
• Support:
o 92K (key level tested multiple times).
o 50-day EMA (current level).
• Resistance:
o None until the 310k target based on the Cup and Handle projection.
________________________________________
Target Analysis:
• Cup and Handle Target:
o Measured distance from the cup's bottom to its neckline.
o Projected Target: 310k.
• Timeline:
o Historical reference to 2013–2017 suggests a 6–8 month timeline with minor pullbacks for additional entry opportunities.
________________________________________
Trade Setup:
• Entry: 97,703.80
• Stop-Loss: 69,092.64 (-29.28%)
• Target 1: 310k (+217.29%, 7.42 RR ratio).
• Target 2: Use a trailing stop based on the 20-day EMA if price exceeds 310k
Summary:
BTC/USD has surged from 27K to 108k since the last analysis, forming a textbook Cup and Handle pattern, which has now broken out, confirming a bullish reversal and signaling a continuation of the long-term uptrend. Key indicators, including a Golden Cross between the 50-day and 200-day EMAs and a bullish MACD, support this momentum.
Currently, BTC is bouncing around the 92K support level and holding above the 50-day EMA, which also acts as a support. The appearance of a Hammer candlestick at this level further solidifies the bullish case and sets the stage for a new long position.
The measured move for the Cup and Handle pattern projects a target of 310k. Drawing from historical price behavior, this uptrend could unfold over the next 6–8 months, with minor pullbacks offering additional entry opportunities.
This setup presents a strong technical case for continued upside, with a clear structure, supportive indicators, and a high-probability target.
W pattern, breakup or breakdown?Greetings dear readers,
In the blue line I have drawn the W pattern that we see on the BTCUSD chart.
It can break out here from the neckline, to new highs. Maybe it can go retest the ATH (at 108k), the lower bound of the uptrend channel,...
Or the W pattern fails here and BTC goes back to retest the 90k support.
Stay Strong,
Co9
Bitcoin (BTC/USD) forming a potential triple topThe chart shows Bitcoin (BTC/USD) forming a potential **triple top** pattern at the key resistance zone of around 102,600. This is a bearish reversal structure, signaling potential downside if confirmed. Here's the short analysis:
1. **Key Observations**:
- **Triple Top Formation**: Indicates strong resistance at the 102,600 zone.
- **Bearish Structure**: Price previously rejected from this zone twice, leading to a significant decline.
- **Break of Structure (BOS)** and **Change of Character (ChoCh)** labels hint at bearish momentum after failed attempts to break resistance.
2. **Next Steps**:
- **Wait for Confirmation**: The chart suggests waiting for bearish confirmation, such as a strong rejection or a BOS to the downside, before entering a sell position.
- **Target Levels**: Downside targets could be the next significant support levels, likely around 100,000 and 96,000, as indicated by the arrow.
3. **Risk Management**:
- If price breaks above the resistance (invalidating the pattern), bullish momentum could continue, so stop-loss placement is essential above the resistance zone.
BITSTAMP:BTCUSD
BTC long trade setup using ICC conceptsBTC is showing buyers presence by pushing price back to the resistance.
If buying volume rises on the resistance, we can zoom into low timeframes to find a bullish structure.
If price breaks above that bullish structure, we can expect the price to reach the last high, 108k, our target. It's weekend so it's low volume, RSI is overbought, I expect price to chill around 100k-103k. We just wait patiently for the price to tell us what it wants to do, could be a 1:3 or 1:4 trade.
How long can the bull market continue?-A probability for this bull market cycle after an analysis with Elliott Waves shows that the game does not end until spring but only one wave, more precisely wave 3, followed by wave 4 which will last until the end of August and the probability taking into account past cycles, the game finally ends in November early December.
-It is a probability that I take into account very much.
!!! The invalidation would be if wave 3 drops below the peaks of wave 1, but also taking into account the liquidity games and that in the crypto area the volatility is extreme, anything is possible.
BTC USD UpdateWe are trading into Bullish Take Profit One, which also makes the structure on the daily timeframe bullish. Good news for scalpers, but I'm into position and swing trades. I really wanted to get deep into discounts, but oh well, we make the best out of it, whatever market makers do! We need to adapt around it; it's a job. So as of now, we have a bunch of bullish runners from scalp trades, and I'll just leave them on, hoping to get to new highs. Volume on BTC is back, so why not dream big!
BTC/USD Weekly Analysis: Close Above 102,735 to Signal Further GBTC/USD has experienced an impulsive move higher since the 89,030-swing low posted on January 13. Currently, the pair is testing key resistance levels:
Bespoke resistance: Located at 102,261.
161.8% Fibonacci extension: Positioned at 102,424.
A weekly close above 102,735 would confirm bullish momentum, increasing the likelihood of BTC/USD reaching a new all-time high next week.
Key Support: The next major support is not seen until 93,563, highlighting potential downside risks if the resistance holds.
Key Levels to Watch:
Resistance: 102,735 (weekly close for bullish confirmation).
Support: 93,563.
#BTCUSD #Crypto #WeeklyOutlook #TechnicalAnalysis #TradingStrategy
ORANGE ZONEI think it won't be long before we leave the Green Area, an area that will be abandoned and will not be visited again by Bitcoin for quite a long time.
And soon we are in the next area, an area marked with all things related to Bitcoin becoming clear for everyone to have an equal opportunity in terms of wealth without state interference and the state must provide that path to its citizens.
Eureka!
Let's walk together in the "Orange Zone"
