BTCUSD Bitcoin again to the highs, as #BTCUSD has shown a good respect on daily fair value gap. It can be observed that it is now headed over to the recent highs. This is what I guess the market will do. #Happy_TradingLongby Ahtisham_The-King-Fx224
Still longWait for pullback to around 50 fib level....(light blue line) if price closes under the blue line it sits above....76 fib level Take profits at 161 fib level blue line on top How 🤔 ever if price closes above the blue line it sits above... wait for price to touch that same blue line 76 fib level and buy and take profits at the same blue line at the top 161 fib level However if price breaks thru 76 and 50 fib levels wait for pullback to 50 fib level and sell this pair back to the very last high Longby SETITAND4GETIT0
BTCUSD: Local Correction Ahead! Buy! Welcome to our daily BTCUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 63,319.90 Wish you good luck in trading to you all!Longby XauusdGoldForexSignals111
BTC/USD Ascending Triangle Pattern: Bullish Breakout Potential?The BTC/USD chart shows an ascending triangle pattern, a bullish formation with higher lows converging towards a horizontal resistance around 67,050 USD. This indicates building buying pressure. A breakout above this level could signal potential bullish momentum, targeting a price area near 68,882 USD. by JoeSignals224
ready for this?dont trade with my idea its just probability i think after correction btc ready for jump to 100,000 usd for first targetby alibasket1
ATCryptoScan : BTSUSD at that time againLooking back at the BTCUSD weekly charts, there appears to be similar, if not the same, technical conditions before the start of a massive BTCUSD rally. Marked out by time lines, the Green lines are the most similar to current (yellow), and the orange has only a differing VolDiv. All are breakout points and appears to be great accumulation start points for the next year or two. Just weeks ago, a similar technical set up was made, and today is a couple of weeks after... Clear correlation here, so we know what the most probable for the next year going forward... Bullish BTCLongby Auguraltrader0
Bitcoin at the brink of... what exactly?Seems like Bitcoin is at the brink of an outbreak, but if bulls aren't strong enough, it might go down again for a while. Since March '24, Bitcoin is building up a huge megaphone pattern, which should be a good, bullish sign. The price has escaped this pattern lately, but if Bitcoin falls below 65k, we're in it again and it might take another turn down, maybe even to 42k, until it's going up again. I'm quite positive that this is not going to happen, since we're at the end of the year, which is usually a good time for bulls. Plus the US election will relieve tensions in the market, once it's finally over - if nothing bad happens, like e.g. what happened in January at the capitol last time. If the breakout lasts, I'd say there's a good chance for a new price explosion similar to the end of 2020, which could bring up BTC to roughly 260k in the best scenario. This would also be in line with the 4-year cycle, Bitcoin follows for some more time now, mainly due to the halvings. There are however some resistances in between, for example the Fibonacci levels at 105k and 165k. Additionally the 100k threshold will most likely be hard to crack, especially since the Fibonacci level is just 5k above. Whatever the near future, I'm optimistic, we'll reach the goal of >250k within the next 18 months. I could even image it going higher, since the increase in price was almost 10x between the peaks in 2014 and 2018. Between 2018 and 2021, it was only about 3x, which in my opinion was caused by the pandemic and Trump's free money leading to an early rise and finally in a double top.Longby x-ecutor112
BTCUSDIs the BTCUSD tidying up before the elections, a question that we must ask ourselves. If, on the other hand, we look at the price in different time frames, we can see a range where bearish and uptrends were set up, all due to the fractality of the market.Shortby MCY-TRADER-BTC_GOLD14
Bitcoin: Hasn't Reached Optimal Price.Bitcoin showing a higher low consolidation just above the 64K area support. Relative to the previous bullish structure, this signifies a higher likelihood that a higher high will follow, it's just a matter of catalyst. In the mean time, price can fluctuate either way from the current point (random). While the trend may be obvious in this situation, timing it effectively has everything to do with recognizing high probability price locations, setups etc. Otherwise you can make the mistake of assuming greater risk than you realize. In this article, I will describe the high probability, lower risk scenario that the market MAY OR MAY NOT present in the coming week. One thing I recognize is that price continues to flirt with a resistance zone which makes this a tricky play for swing trades (at the time of writing current candle is inside bar). The 67K to 70K area is still a resistance zone (blue rectangle) and a higher risk location for long swing trades. In such scenarios when location is high risk but buy signals appear (break of inside bar high for example), it is more effective to assume risk on smaller time frames like 4H or 1H, and attempting to participate for a smaller bite. The risk that you are minimizing in this situation is the possibility that the 65K minor support is tested again and/or broken (see arrow). The higher probability and lower risk scenario would be IF price can test the 64K support, followed by a reversal confirmation. The location is much more attractive since the potential profit is greater (3K+ points) coupled with much lower RISK (1 to 1.5 max) compared to 3K+ points of risk at the moment relative to this time frame. The illustration on the chart summarizes the ideal scenario that IF the market shows, would be a high probability swing trade long opportunity (which requires entry confirmation). These scenarios that I present are dependent on the price action confirmation otherwise risk cannot be justified. Even having a confirmation process (like the Trade Scanner Pro) does NOT guarantee the trade idea will produce a positive outcome. After all, markets are HIGHLY random and outcomes are often the result of unexpected information being priced in. This is why technical analysis cannot be relied upon over longer time horizons, but can be helpful for quantifying risk. Managing a position effectively no matter the time frame has everything to do with having properly aligned market expectations. First you uncover an idea, LET the market confirm the idea, from there it goes the right way or the wrong way. Your expectations will then shape how you manage the position as it fluctuates. The key to effective management is having an open enough mind to let the market pay you more when IT wants to, while being decisive enough to get out the moment you recognize what "wrong" looks like (or using other risk control methods like a stop). All of this information can be acquired from price charts or tools developed to simplify this process. Without any "process" you are most susceptible to relying on intuition and "hope" which will result in the typical retail trader experience: win sometimes but the account never grows for some reason. Thank you for considering my analysis and perspective. by MarcPMarkets9996
#btc #btcusd #elliottwave short sell setup 27Oct24 wave 2This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.Shortby alibadshah88112
Monthly BULL BTCUSDMoon style incoming. This will enter alt season when it breakd ATH.Longby ahayoow0
General Prediction for BTC going into the Election of 2024.General Prediction for BTC going into the Election of 2024.Longby pyelli0
COPY to show results built into FOREXView now and before. Halving works out but into different volumes. BITCOIN has a target, we will see the MAGIC NUMBERS at a later time. Above $80K? Smart Money has a plot, so do I. Longby The_ForexX_MindsetUpdated 111121
Decoding the 70,000 Call Strike: What CME Options Are Tell UsAlright, let’s break this down. We’ve seen a significant influx of call options at the 70,000 strike on the CME, which is generally a pretty positive signal. Especially when you consider the recent breakout from a descending broad channel, with prices holding just above that upper boundary. Looks like we’re heading up—clear signal, right? But here’s the kicker: the CME gives us the tools to dig deeper. We can analyze whether that influx at the 70,000 strike is coming in as naked options (which is a good sign) or if it’s part of a more complex strategy. So, what did we find? The 70 000 call options were bought simultaneously with Futures in a 2-to-1 ratio. In other words, we’re looking at a synthetic options portfolio that resembles a "Straddle" . This means they’re betting on volatility, expecting the price to move significantly in either direction—not just sitting still. Plus, there are specific timeframes and expected movement ranges involved. So, what’s the takeaway from this example? I often come across analyses that say, “Calls at this strike are rising, so traders must be feeling bullish.” Not necessarily! Those bought calls could be neatly packaged in a Straddle or even transformed in a Naked Put using Bitcoin futures (what we call a “Synthetic” setup), which would imply completely opposite expectations for price movement. Don’t just take others’ word for it—dive into the basics at least, but ideally, get a solid grasp of the area you’re analyzing before integrating it into your trading system and building your trading plan around it. Stay critical and don’t fall for clickbait headlines! Good luck out there!by ClashChartsTeam1
COPY: PIPS ATR: The REAL DEAL $85k/ since 6/24/24Here is a copy of “ 9740.1 PERCENTAGE IN POINTS (PIPS) =$85k”. PIPS has calculated perfectly. See down at the bottom before and after Longby The_ForexX_MindsetUpdated 595986
Bitcoin trend upFor quite sometime bitcoin was undê prrssure but not nwow.....longs Longby diegotrader9988112
BTC/USD Golden Cross OverviewThis chart shows a potential "golden cross" pattern, which occurs when a short-term moving average (typically the 50-day) crosses above a long-term moving average (like the 200-day). In this chart, Bitcoin's price is hovering near $68,102, while the red and green lines (likely representing the 50-day- and 200-day moving averages) converge. The current consolidation within the channel suggests that Bitcoin could be gearing up for a bullish breakout. If the price successfully breaks out of the upper channel resistance, it might accelerate toward the next key level near $72,000. Around $48,803 and the lower channel boundary Near $72,000, aligned with the upper trendline If the golden cross confirms and holds, this may signal strong upward momentum for BTCUSD into the following months. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdminLongby CryptoSanders9563Updated 2210
BTC setupBitcoin is poised to close another weekly above the key trend breakout. With a full candle body above this is bullish. We will have to wait until Sunday close to be sure, I had a feeling the downside wick would come and it got eaten up pretty nicely. This gives us a nice reset of the daily stochastic RSI and will allow for a larger run on the weekly. We are just a mere 8-9% from all time highs. My plan: I already have my bags packed on BTC/Alts. I plan to continue to sell covered calls against my CLSK when it pumps hard, I will buy CONL shares and sell puts on that as well. I would love a test of 80k by thanksgiving .Longby Apollo_21mil1
BTC/USD H4 Update BTC is finding support on the .382 level of the most recent impulse on the H4 timeframe. The price action is also finding support on the H4 100 simple moving average. RSI is 44 at time of publishing. Price is also near a local rising support. I think anything at or above the .382 retracement level is a good buy for the weeks to come. We might have a few days of sideways as the bull flag forms. Not financial advice. Do your own DD. Thanks for viewing the idea.Longby BallsOfSteel325
Will the US Elections Cause Bitcoin's Price to Fluctuate? Bitcoin, the world's largest cryptocurrency, has experienced a recent price dip amidst rising geopolitical tensions and investor uncertainty. The cryptocurrency market is bracing for potential volatility as the United States gears up for its upcoming presidential elections. Recent Price Dip and Market Sentiment The recent decline in Bitcoin's price can be attributed to several factors. Firstly, the ongoing geopolitical tensions, particularly between the US and China, have created uncertainty in global markets. Secondly, concerns about a potential global economic slowdown have also contributed to the bearish sentiment. However, despite the recent price dip, many analysts remain bullish on Bitcoin's long-term prospects. They believe that the cryptocurrency's underlying technology, blockchain, has the potential to revolutionize various industries. Moreover, Bitcoin's limited supply and decentralized nature make it an attractive investment for those seeking to hedge against inflation and economic instability. US Elections and Market Impact The upcoming US presidential elections are expected to significantly impact the cryptocurrency market. A change in administration could lead to shifts in regulatory policies, which could, in turn, affect the price of Bitcoin and other cryptocurrencies. Historically, the cryptocurrency market has exhibited heightened volatility during election years. Investors are advised to closely monitor political developments and their potential impact on the market. Diversification Strategy for Navigating Market Uncertainty To mitigate the risks associated with market volatility, analysts suggest diversifying investments across various asset classes. This includes Bitcoin, gold, commodities, and tech stocks. • Bitcoin: As a decentralized and digital asset, Bitcoin offers potential for long-term growth and diversification benefits. • Gold: Traditionally considered a safe-haven asset, gold can provide stability during times of economic uncertainty. • Commodities: Investing in commodities like oil, natural gas, and agricultural products can help hedge against inflation and economic fluctuations. • Tech Stocks: The technology sector has been a major driver of market growth in recent years. Investing in tech stocks can provide exposure to innovative companies and potential high returns. By diversifying their portfolios, investors can reduce their exposure to specific risks and increase their chances of achieving long-term financial goals. Technical Analysis: Short-Term Outlook From a technical analysis perspective, Bitcoin's recent price action suggests a potential period of consolidation. The cryptocurrency is currently trading below key resistance levels, and a break above these levels could signal a bullish trend. However, if Bitcoin fails to break above these resistance levels, it may experience further downside. Conclusion While the recent price dip and upcoming US elections have created uncertainty in the cryptocurrency market, Bitcoin's long-term potential remains strong. By adopting a diversified investment strategy and staying informed about market developments, investors can navigate the volatile market and capitalize on potential opportunities. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult with a qualified financial advisor before making any investment decisions. by bryandowningqln0
BTCUSD Downside Target 66377Sell BTCUSD at current label 66860 for the target of 66377 with a small stoploss 67111Shortby Sudhir-Sirohi5
BTC scenario into Nov 2024Expecting a max pain scenario where longs gets trapped on the triangle breakout, followed by a sharp rotation down to 60-62.5k area. Draw in some shorts there and then rip to ATHby virtue2.05
BTC Possible SELLThe market is currently testing the current Weekly structure area. Based on Daily TF, the market seems to be forming a possible reversal chart pattern. We could see Sellers coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Shortby WiLLProsperForex7