BTCUSD trade ideas
A simple guide on liquidity pathIn this picture I have shown how you will find and the place of liquidity from internal to external where you have to look for the reversal after the hunt remember
birds may not HIT every time and fall
it means market can CONTINEW also without reversal
What is liquidityLiquidity is the market's fuel to run the market further market drives from internal liquidity to external liquidity which is also called ERLIRL in short form it's the place where most of the stop loss get hunts and market shift to opposite direction
Elliott Wave View: 5 Swing Sequence in Bitcoin (BTCUSD) Favors HShort Term Elliott Wave View in Bitcoin (BTCUSD) suggests that rally from 8.5.2024 low is in 5 swing. As 5 swing is a motive sequence, this favors further upside in Bitcoin. 1 hour chart below shows the decline to 58,867 ended wave 2. The crypto-currency has extended higher in wave 3 with internal subdivision as a 5 waves impulse Elliott Wave. Up from wave 2, wave (i) ended at 63,455 and pullback in wave (ii) ended at 62,039. The crypto-currency extended higher in wave (iii) towards 67,922 and pullback in wave (iv) ended at 64,802. Final leg wave (v) ended at 69,487 which completed wave ((i)) in higher degree.
Pullback in wave ((ii)) unfolded as a zigzag Elliott Wave structure. Down from wave ((i)), wave (a) ended at 66,559 and wave (b) rally ended at 67,784. Bitcoin then extended lower in wave (c) towards 65,000 which completed wave ((ii)) in higher degree. The crypto-currency has extended higher in wave ((iii)), but it still needs to break above wave ((i)) at 69,487 to rule out a double correction. Near term, as far as pivot at 58,867 low stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.
BTC Bearish TrendAfter a clear CHOCH in the 4hr time frame, the bears have taken over the market. Taking sells to former lows
OBJECTIVE DATA ANALYSIS OF BTC 5D Chart. Starting with the main price chart: there are no supply zones above. There is a bullish order block off the 07 SEP low at 52.7k. Also notice that price have not reached equilibrium yet which is what price always retraces to. That is around 44k which suprisingly (not) is the ETF entry price. Price is also at the top of the long term bearish channel. The price bars look pretty bearish. What will probz happen is break through OB at 53k, reject off bottom of it and go down to equilibrium. From there price will head toward its new ATH as it will finally have enough supply to get there. Cannot rule out the extreme imbalance in the market on the lower levels which can be seen if zoomed out.
Now for the AWPRVC the price cloud is starting to separate after being squeezed and is curling down crossing the short territority. It has already crossed the volume candles, volume candles have rejected off bottom once and is rejecting off it again. There is also bearish divergence in volume bars compared to the main chart price bars meaning price bars likely to go down.
The Hiken Ashi Algo V6 which integrates RSI with price and volume is consolidating and about to switch bearish as well as reject off the 75 percentile and hit back into the 50 percentile line (black) or reject off the volume wave.
IDK how many more bearish signs you need but ya. idc what you do with this info just trying to help some people. whether you think I am right or wrong, all i am doing is analyzing the data in front of me COINBASE:BTCUSD INDEX:BTCUSD BINANCE:BTCUSDT
BTC may be forming a Cup & Handle? Cup and handle forming on the Daily? Possibly on RSI also. 69K is a spicy zone, Look for a quick bust!
BTC'S Downturn Has Been Started BTCUSD Technical Insight (H4)
Market Analysis:
A pivotal Bearish Order Block (CHOCH) has formed after several BOSES, decisively reversing the trend's trajectory. The Point of Interest (POI) serves as a robust resistance level, sparking instant reversals confirmed by Morning Star candle patterns. A substantial Fair Value Gap has also been identified at the CHOCH.
Trade Setup:
Set Stop Loss (SL) above the Order Block
Take Profit (TP) positioned upto the previous Lower Low
Sell Entry Zone: 68200_68250
Take Profit1: 67000
Take Profit2: 66000
Take Profit3: 65000
Stop Loss: 69200
BTC's Downturn Started XAUUSD Technical Insight (H4)
Market Analysis:
A pivotal Bearish Order Block (CHOCH) has formed after several BOSES, decisively reversing the trend's trajectory. The Point of Interest (POI) serves as a robust resistance level, sparking instant reversals confirmed by Morning Star candle patterns. A substantial Fair Value Gap has also been identified at the CHOCH.
Trade Setup:
Set Stop Loss (SL) above the Order Block
Take Profit (TP) positioned upto the previous Lower Low
Sell Entry Zone: 68200_68250
Take Profit1: 67000
Take Profit2: 66000
Take Profit3: 65000
Stop Loss: 69200
BTC to find new highs - Final Wave 3 Largest ImpulseNearly half a year after BTC's Halving we have completed consolidation and are ready to go. Currently have 6 different TA styles confirming this, some below:
- Monthly BOS , Cup and Handle - Bull Flag Handle
-Weekly ABC completion and VWAP, NWOG retest washout complete
- Weekly Momentum, RSI, and MACD upside shift
-Daily Inverse H & S , MACD divergence on all hours 10+
- 4 HR duel ABC correction leading to transition to Wave 3
Expect the most growth from solid innovative alts falling in top 50 market cap with a focus on data, interopability, & AI/Computing.
TOTAL3
will more than double in size and we wiill see all time lows on BTC dominance.
Tick-Tock-Tick: Time to Harvest the Oranges: Bitcoin🍊
It seems like everything is planned this time. With the clock ticking steadily, Bitcoin is set to climb to the $80,000 mark in just about 10 days. Yes, you heard that right, it’s harvest season! I’m calling this level the "orange-picking" zone. Think of it as the final harvest before winter because this peak isn’t likely to last very long.
After the oranges are picked—roughly 15 days later—Bitcoin is expected to start its freefall. The target? $57,666. That number might sound like a joke, but let’s be real, the markets don’t take themselves too seriously, so why should we? Imagine this dip like a kid speeding down on a trampoline—every drop just might signal the next big bounce.
Of course, the real bottom journey will kick off between December 2024 and January 2025. We’re looking at a hibernation phase around the $56,666 level. But don’t worry, it’s just a short winter nap; after all, it hasn’t been that long since the oranges were picked, right? When it’s time to rise again, Bitcoin might just bloom like a spring flower.
So, buckle up for this ride because the drops are going to be steeper than the climbs. After we pick our oranges, let’s be ready for those cold winter nights. Remember, in this market, everything is planned, but nothing is predictable. Tick-tock-tick… the clock keeps ticking!
LOOKS LIKE AN ATTACK ON ATHThis is a clean break and support on a bullish order flow...btc is looking prepared to attack ATH...God's speed traders
Bitcoin’s Journey: A Surge in the Making?Bitcoin, the world's largest cryptocurrency, has been a focal point for investors and traders alike since its inception. Over the years, it has experienced numerous cycles of bullish surges and bearish pullbacks, each one contributing to the digital asset's growing market maturity. As we approach the final months of 2024, many are questioning where Bitcoin is headed next. Is it about to repeat its historical uptrends, or will it falter amidst uncertainty?
While I may not be a popular voice in the financial community nor trying to predict the future, I believe there's something unfolding that is worth sharing with the wider crypto audience. My analysis is based on historical patterns and technical insights, specifically drawing from key trends that Bitcoin has exhibited since 2017.
Horizontal Support and Resistance Levels: The Backbone of Market Movement
When looking at the chart, one of the most immediate elements that stand out are the horizontal lines, which represent significant support and resistance levels. These are price zones where Bitcoin has historically either reversed or hesitated, indicating their importance in the market's psychology.
Over time, these levels have been tested multiple times. For example, the $60,000 to $65,000 range has served as both a ceiling (resistance) during previous bullish rallies and as a floor (support) when prices have dropped. The ability of Bitcoin to consistently interact with these horizontal zones suggests that they play a critical role in determining where the market will go next.
The Upper Trend Line: A Long-Term Perspective
Beyond these horizontal levels, there is a major upward trend line that connects several of Bitcoin’s higher price points over the years. This line is a reflection of Bitcoin's long-term trajectory — steadily increasing despite the many volatile swings in between. Every time Bitcoin’s price pulls back, it doesn’t fall too far before it once again starts climbing toward this trendline, proving its resilience and long-term growth potential.
As this line stretches further into 2024, it intersects with Bitcoin’s current price action. The market’s behavior near this line could be telling; a breach above it may signal the beginning of another substantial upward trend.
The Potential Breakout: A Circle of Interest
One of the most crucial aspects of this chart is the area marked by a green circle. This is where I believe Bitcoin is preparing for its next major movement. Based on historical price action, it appears that within the next one to two months, Bitcoin could surge dramatically, potentially breaking past previous resistance levels. The circle captures the convergence of several technical indicators, including the horizontal price zones and the upward trend line, which both suggest a confluence of bullish factors.
However, I am not here to convince anyone that this analysis is a crystal ball into the future. Rather, this is my personal observation of how the market might behave, given the technical patterns that have unfolded over the years. Whether or not Bitcoin follows this predicted path remains to be seen, but the indicators certainly provide a compelling narrative for potential price appreciation in the near term.
The Unknown: No Guarantees in a Volatile Market
It’s important to remember that the cryptocurrency market is notorious for its unpredictability. Even with years of data and sophisticated technical analysis, no one can guarantee with absolute certainty what Bitcoin will do next. External factors — ranging from macroeconomic shifts to regulatory announcements — can always derail technical predictions. That being said, technical analysis serves as a valuable tool for identifying potential trends, and right now, Bitcoin’s chart is signaling something significant is on the horizon.
Conclusion
As Bitcoin hovers around critical levels, all eyes are on its next move. The combination of historical support and resistance, long-term upward trends, and a potential breakout zone suggests that Bitcoin might be gearing up for an explosive rally within the next few months. Whether this surge materializes or not, one thing remains clear: Bitcoin is at a pivotal moment in its market cycle, and the weeks ahead will likely provide traders with a clearer sense of where it’s headed next.
In the end, while I am not claiming to have all the answers, this analysis reflects what I see happening on the horizon. As always, it's crucial for anyone engaging with these markets to approach with caution, but also with curiosity. After all, the beauty of the crypto market lies in its endless potential for surprises.
bitcoin next target longbtc if we can roll back up... that will be a buydaasfeasdfsdgfsdfdsfsdfsdfsdf
BTC ON THE RUN TO NEW HIGHS October the month for new highs
2025 bull run entries now for the run dont be late
BTCUSD: This is just a huge Bull Flag on the way to 200kBitcoin just turned borderline bullish on its 1W technical outlook (RSI = 57.457, MACD = 2355.100, ADX = 20.299), which is very positive long term as the buyers are making their presence felt for the first time since March. Supported by the 1W MA50, it is a huge development that the 1W MACD has formed a Bullish Cross. The same set of formations occurred in April 2020. We believe the two patterns to be similar and this makes the 7 month Megaphone just a mid Cycle Bull Flag. The 2020 pattern peaked on the 2.0 Fibonacci extension. If that is replicated, then Bitcoin can break 200k by the end of 2025 (TP = 215,000).
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DXY Descending Triangle predicts Bitcoin RallyIntroduction
The simplest and most powerful long term relationship or indicator we have for the price of bitcoin is the DXY (the dollar index against a basket of other main currencies comprised of US trade partners). Therefore long term chart formations in the DXY can help crypto traders or investors make very profitable long term moves. Those that ignore this inverse relationship do so at their peril.
Current analysis
A pain view of the top chart shows two fat pairs of arrows that show when bitcoin went down and DXY went up. It also has two skinny arrows that show when DXY falls Bitcoin rises. Clear and irrefutable. What is up for debate right now is if the descending triangle I note is valid. There are several good DXY ideas out there right now but none seem to have taken this wider view: www.tradingview.com
DXY Zoom In
Everything is basically on the daily chart. DXY is actually at its 4th lower high and this current high is stalling right at the previous support of the double top of April to June, 2024. The indicators show clear hidden bearish divergence. For those that need a review, here is the simple divergence primer:
Normal Divergence (Trend Reversal)
Bearish: Higher highs on price action but lower highs on the indicator
Bullish: Lower lows on price action but higher lows on the indicator
Hidden (Trend Continuation)
Bearish: Lower high on the price action and higher highs on the indicator
Bullish: Higher low on the price action and a lower low on the indicator
Hidden bearish divergence suggests the downtrend will continue and DXY will continue to fall.
Weekly DXY
Guess what? The weekly DXY looks like hell as well. This rising trend line was previously acting as support and is now acting as resistance.
Conclusion
I see no reason why the powerful and clear inverse relationship between dxy and bitcoin should not continue. Basically everything in the “anti-fiat” or “weak dollar” categories should act predictably while this descending triangle plays itself out. This trade or posture doesn’t require fancy indicators or complex theory. Just basic charting supported by some minimalistic indicators to add a bit of richness to the technical analysis and fundamental relationship between Bitcoin and the DXY.
I am long crypto in one form or another. I have a coupe of rotations planed out for the next year. Wish me luck. Please see linked ideas for some other ideas that inform my current thinking.
Bitcoin Weekly to Four Analysis: Everything To Know Good morning Trading family
So I created this video to figure out where we are currently at in Bitcoin in price but as well what levels can Bitcoin reach currently and what happens if Bitcoin reverses with the Bears
I try to go into full depth to give you some levels to look for to help you mark out good entry or short positions if you are shorting Bitcoin
If you like this video or found it helpful : like, comment, follow, boost I appreciate it all
Mindbloome Trading / Kris
Trade What You See
BTC BouncesBitcoin held support at $66,550 beautifully - it had a wick below to grab liquidity before heading back up. The last two daily candles closed and opened on that line.
Things are looking better today.
BitcoinAnalysis for Intermediate Direction:
There can be 2 scenarios
1. If market break all time high, then potential targets will be 75800, 86k, 91k
2. If market break 59k then the potential targets will be 52k, 49k, 46k and if continue final target will be 42k.
Bitcoin chartSome wave counts for fun. These are "Newsome Theory" waves. But I SEE THEM. And this chart is really nice. My target is $88,888.88 which is where I sell most of my BTC again.
Locking in NICE gains
SPY/QQQ Plan Your Trade For 10-24 : Breakaway PatternToday's trading should begin to resolve as a reversion back to the upside after yesterday's panic selling.
I spend a lot of time going over what happens when news or outside events disrupt price action and sometimes disrupt my SPY Cycle Patterns so everyone can try to understand how the SPY Cycle Patterns work.
My SPY Cycle Patterns are not immune to news or outside events. They attempt to predict what price will "most likely" try to do for a day based on Fibonacci, GANN, Tesla, and Rodin Vortex Math concepts. They don't attempt to predict or address any outside news, geo-political, earnings, or other external data.
As I like to describe them.. They represent price characteristics, showing what price would most likely attempt to do if no outside event disrupts the markets.
Given yesterday's panic selling and the fairly strong recovery/reversion we are seeing in early trading, I believe the SPY/QQQ will attempt to move into a moderate rally phase lasting till October 30-31, then move aggressively downward just before the US Elections.
Gold and Silver will follow roughly the same path but may become even more volatile just before the elections.
Bitcoin is still consolidating sideways - just as I expected/suggested.
Please pay attention to my comments about HEDGING and POSITION SIZING over the next 3+ weeks. These market trends (with lower liquidity) can often be very difficult for all traders.
It is better to cut your trading allocation down to 20-25% of normal sizes throughout these election cycles (especially so close to a hotly contested election).
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
