BTCUSD as seen on D wavesImpulsive flats on TF4 have been nullified and breached twice. This breach will result in breakout towards 75-85k zone. Invalidation below 62k. This is not a financial advice.Longby raghufx1
Long BTC - target 82KCurrently trading BTC. I believe we are currently on the 5th wave of BTC, currently within a smaller 5th wave within that larger 5th, with the first wave of wave 5 having completed in full. There has been a wave 2 within that 5th wave and wave 1 a wave 3 has completed and we have just completed the wave 2 within that larger wave 3. I have opened longs at 65300 and overall target is 82K. stops are at 61200. Longby belikeliquid1
#BTC short update(2d)Expecting Short-Term Pullback. Price should retrace to green-line(SMA), consolidate for some time, and eventually surge towards the 100k range.Longby PF_Analysis1
Election 2024: Bitcoin to $80k? Election 2024: Bitcoin to $80k? The cryptocurrency market is turning downwards, in tandem with the broader stock market. This decline might be dashing hopes of BTC/USD breaking the $70,000 threshold. Despite the bearish trend, options traders like the odds that Bitcoin could soar to $80,000 by the end of November, regardless of the outcome of the U.S. presidential election. Kamala Harris has remained relatively quiet on the subject of cryptocurrencies, though an adviser recently signaled she would “support policies that ensure that emerging technologies, and that sort of industry, can continue to grow”. Meanwhile, Donald Trump is actively courting crypto holders, pledging to transform America into the crypto capital of the world and establishing a strategic national cryptocurrency stockpile, akin to the country's gold reserves. by BlackBull_Markets2
A new flag inside a megaphoneWe was waiting for this, now we have a bull flag inside a megaphone.Longby AllAboutMoney0
BTCUSD approaching a very strong support zone.Bitcoin is trading inside a Channel Up pattern, which since Monday is correcting. We are already below the MA50 (4h). The previous correction found the first support on the MA200 (4h), just over the 0.5 Fib. It then broke slightly below it for the final bottom of the pattern. Trading Plan: 1. Buy on the MA200 (4h). Targets: 1. 71500 (just under the -0.236 Fib extension, like the October 21 High). Tips: 1. The RSI (1d) provides the most efficient buy signal on its Rising Support trendline, which started on the August 5th Low. If its crosses below its MA, then reserve one final buy for the Rising Support. Please like, follow and comment!! Notes: Past trading plan: Longby TradingBrokersView3
BITCOIN TRADE ANALYSIS 70K TARGET!!Bitcoin Trade Analysis: October 21, 2024 Entry: $67,226 Target: $70,000 Stop Loss: $66,000 Analysis 1H Chart: The 1-hour chart shows a strong support level at $67,665, which has rejected price four times in the 15-minute timeframe1 This indicates a robust support level, making it a reliable target for your trade1 15M Chart: The 15-minute chart further confirms the strength of the $67,665 support level, with multiple rejections reinforcing its significance1 This level has acted as a solid barrier against downward price movements, making it an ideal target for your trade.Longby ProTradeHubUpdated 1
BTC Daily 50-100 sma cross Bullish SignalOn the daily chart for btc/usd, the 50 sma has crossed the 100 sma and is a bullish sign for a continuation after this correction. This could be the final leg up in a rising wedge before another breakdown in the price action. Target is marked above in white horizontal line. There are two fib levels worth watching for long set ups. Not financial Advice. Do your own DD. Thanks for checking out the idea.Longby BallsOfSteel322
BTC has to pay the price of this year's move.Hello Traders. I think a correction is due before BTC can move further. BTC has to find a higher volume in order to make a significant move. Levels are on the chart. Happy Halloween!Shortby Cryptogreen0
BTC's Downturn started Technical Analysis Report: BTCUSD (H4) Summary: A technical analysis of the BTCUSD chart on the H4 timeframe reveals a significant bearish reversal pattern. Key findings include: 1. Bearish reversal pattern identified after the CHOCH appeared 2. Trend reversal from uptrend to downtrend 3. Point of Interest (POI) serving as strong resistance 4. Formation of a substantial Fair Value Gap that will retest again BTC Recommended Trading Strategy: - Risk-Reward Ratio: 1:3 - Stop Loss: little above the Point of Interest - Take Profit: Previous Lower Low Sell Entry Zone: 68000_68500 Take Profit: 65000 Stop Loss: 69500Shortby LeonardoTrader9t96
BTCUSD I Forecast and trading plan Welcome back! Let me know your thoughts in the comments! ** BTCUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!Long03:25by BKTradingAcademy448
New correction Bitcoin D1.23.10.2024New correction Bitcoin 📉 The last analysis of bitcoin worked out perfectly with targets reached around 69k. Now I expect a new correction to the area of 62k-64k buyers zone and from there new buys with the aim of overhigh and possible retest of historical resistance 74k. This is not a one week affair and therefore the growth process may be extended till the end of the year with possible consolidation. BITSTAMP:BTCUSD Shortby KovachTrader5
BTCUSDMidweek Update. Follow Up on current Sell call/trade & what to look for next. But Price is doing exactly what the Candles told me.... _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #ScalperTrader #DayTrader #SwingTrader #PositionalTrader #MambaMentality #GodMode #HighLevelTraderShort19:41by TheeSnipeGoat445
BTCUSDThe btcusd should go back to buying once it reaches my contract block, it should start in an uptrend again.Longby MCY-TRADER-BTC_GOLD1115
btc 23-10-2024 / I think go to 63k againwhen btc gain supply zone of HTF , and break trend => trend down on 4h . Short05:35by Haingan2222225
RETESTING IN PROCESS, almost complete! BITCOIN will be retesting, Using custom Pivot blocks, Pivot low and High with Ma's, key level, and other trading methods. The yellow square is the retesting confirmed zone. This means once it reaches this area, BTC should be ready to move up. Trend Navigator still needs to confirm with PIVOT LOW with the retesting area. Pricing possibles. Possibles because BITCOIN assurance move-up is needed BITCOIN has corrected about 2k, My correction was said from $2k to $4K. So far BTC moved downward about $2k. I'm ready for any sudden downside moves. There can still be a BULL fakeout and keep moving downwards. TIDAL WAVE with PHASE 4 has been confirmed. This is only a 4HR TF, to much noise. Higher timeframes are reading TIDAL WAVE. This lower timeframe chart was created for those in Wonderland. Longby The_ForexX_MindsetUpdated 171733
Bitcoin (BTC/USD) on a 4-hour timeframe.Bearish Scenario: If Bitcoin continues to face rejection at the channel resistance, we could see the price retrace toward the channel’s midpoint around $62,000 to $60,000. A break below this level could open up the path toward the lower boundary around $56,000 to $55,000. Bullish Scenario: On the flip side, if Bitcoin can reclaim its position above the channel’s upper boundary with strong volume and bullish momentum, it could signify a breakout, leading to a move toward $68,000 to $70,000 and potentially beyond. Neutral Scenario: Given that Bitcoin is trading near the middle of the RSI and the MACD is showing mixed signals, it’s possible that the price may consolidate within a range between $62,000 and $66,000 before making a decisive move based on upcoming events (such as Election Day). Conclusion: Bitcoin is at a critical point within its descending channel, and the next few days could dictate whether the price sees a bullish breakout or a bearish continuation. The immediate resistance lies at the upper boundary, while key support levels to watch are $62,000 and $60,000. The RSI and other indicators are pointing towards a neutral to bearish bias unless a clear breakout occurs.Shortby Stoxello1
BTC/USD "BITCOIN" Market Money Heist Plan on Bullish Side.Bonjour! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 4H timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂 Longby Thief_TraderUpdated 5
Uptober Will End As Downtober | Bitcoin MonthlyI would like to call your attention to the sessions/candles of April and November 2021, both followed the same pattern we are witnessing now, in October 2024. ➖ April 2021 started green, we saw prices moving higher and by the end of the month a bearish bias developed and the session ended red. A strong correction followed and this signaled the orthodox end of the bull-market. ➖ November 2021 started green, we saw prices moving higher and by the end of the month everything was red. This was the end of the bull-market and the start of a major bear-market. Bitcoin peaked March 2024 producing a new all-time high. ➖ October 2024 started green, we saw prices moving higher and things are turning red now. We have the same Doji that showed up in April and November 2021 but still green, it can end up red. Ending red confirms a major long-term lower high (more than six months old) and potentially the start of a major correction. I say here the start but this would be the start of a bearish impulse that will end an already ongoing major correction. 👉 The main support levels are 55K, 44K and 36K. It is possible that Bitcoin moves even lower but we have to wait and see how it all ends. 👉 Bitcoin is bearish and the major Altcoins are also bearish. 👉 Ethereum's weakness reveals a major bearish bias across the Cryptocurrency market giants. 👉 Many of the medium-sized and smaller Altcoins are ultra-bullish and breaking 2-3 digits up while the giants are moving down. ➢ Conclusion Money flowing out of Bitcoin and the big Altcoin projects will move to the smaller Altcoins. Thanks a lot for your support. Namaste.Shortby AlanSantana4545114
Possible pullback on BTC before resuming the UptrendOn 15 October, Bitcoin (BTC) surged above its previous high, confirming its uptrend on the 2-hour chart. The cryptocurrency is now trading above the 200-period Simple Moving Average, with the potential to reach an all-time high in the coming months. However, shortly after surpassing its previous high, BTC formed a Head and Shoulders pattern on the 2-hour chart, indicating a possible short-term pullback. Currently, BTC appears to be breaking the neckline of this pattern, suggesting a potential decline in price over the next few days. A bearish pullback could see BTC decline to the 64,300 region, aligning with the 50% Fibonacci retracement level of the recent upward movement. This area is expected to provide support, allowing BTC the opportunity to resume its upward trajectory. Technical Summary: A steady uptrend is evident on the 2-hour chart. Breaking above the previous high signifies a potential continuation of buying momentum in the upcoming months. The Head and Shoulders pattern on the 2-hour chart indicates a possible bearish pullback in the short term. An important support zone at 64,300 could serve as a foundation for resuming the uptrend. Given these considerations, a buying opportunity may arise if BTC retraces to a range between 64,300 and 65,300 in the coming days. Traders should look for confirmation through bullish patterns, such as a Pin Bar or an Engulfing pattern on the 2-hour timeframe. It is also essential to note that upcoming US elections could significantly impact BTC's price. If Donald Trump wins, his inclination towards promoting Bitcoin may further influence market dynamics. Preparing for Potential Market Movements In summary, while BTC shows strong upward momentum, the formation of the Head and Shoulders pattern indicates that traders should remain cautious of a possible pullback. Monitoring key support levels and upcoming economic events will be vital for making informed trading decisions in the evolving market landscape. Disclaimer: 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.by Marketscom7
Buy BTC at 66.370 to 67.777BTC long. Previous day low is taken. On 5m tf a FVG has formed. Wickoff structure is forming we are at the spring imo, the buy will be the test. Target is previous day high and 4h FVG above that, before going further down.Longby pvaarleUpdated 1