Btc Go 40kIf the weekly candle can't close above 73000, a hammer candle is the opposite of the weekly
BTCUSDT.3L trade ideas
Btc otw for new highBitcoin Hits My Buy Zone
BTC has reached my buy zone, located between the 0.382 and 1.618 Fibonacci levels from wave A. My targeted buy range was $70,800 - $70,150. Now, I expect it to gradually start moving upward. I have three targets for this move:
TP 1: $74,100
TP 2: $74,500
TP 3: $75,000
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital.
#BTC/USDT#BTC
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 70500
Entry price 70500
First target 71700
Second target 72660
Third target 73712
Bitcoin need correction before to break new ATH?Hey guys!
Here is fresh thoughts about current BTC situation.
For me, looks like we had Elliot Waves with all this growing movement and can have some correction before to continue move up. Also RSI showing us that is need some cool off.
But volumes are growing and the MA cross is bullish here. So this correction can happen, but the movement can be not that big.
Lmk your thoughts in the comments 👇
$BTC Weekly chart.. No bajas tu guardia..One more rejection and we will enter wave 1 retracement, you can see the 0.50 and the 0.38 levels .. There is a chance we are heading there..
The Consistent Edge: A Strategy That Has Outperformed In a market that can be really hard to predict, being consistent is super important. My strategy has worked well over time and keeps doing better, no matter what the market looks like. I get real results because I use careful analysis and a clear plan that focuses on high-probability opportunities while also managing risks.
I believe in being honest and giving real value to everyone who follows me. I share not just my ideas but also explain how I make my decisions, so you can learn and improve your own trading skills.
Whether you're an experienced trader or just starting out, my advantage is staying ahead of trends without getting caught up in the hype. I focus on the right data and make smart decisions. The results speak for themselves—it's time to ignore the noise and find a strategy that really works.
Join me, and let’s improve your trading together with a proven strategy that you can trust.
#TradingStrategy #MarketEdge #ConsistentProfits #TechnicalAnalysis #ProvenResults #MarketInsights #TradingSignals #DataDrivenTrading #RiskManagement #FinancialFreedom
Yahoo profit Booked and i also posted for you # bitcoin Hello Trader's
Comment down your profit done
And i also posted for you before Selling started
Do don't forget to like or follow
This is only for learning purpose
BTC update
Price of BTC broke above all resistance lines and made a new ATH. However, since the levels it broke were monthly levels, it will need more time to stay in these higher levels to keep its momentum
Whether this move has been accumulation or distribution remains to be seen and we have to move forward step by step with it to find the understand
From what it seems, we have entered a short time correctional phase for now
BTC NEXT MOVEBTC is facing resistance between 91,800 and 92,000. If it breaks through, the next levels could be 93,000 and 94,000. Meanwhile, 87,500 is acting as support, and if it breaks, it could go down to 85,000. So, follow these levels. In the last update, the levels played out exactly as predicted. Waiting for your comments and response.
BTCUSDT Neutral On A Support LineHi there,
BTCUSDT appears neutral, seeming undecided between 72K and 44K. Bears will need a break below 59522.84, but bulls face resistance from bearish pressure at 68K.
From the perspective of SND patterns, block marked X' may favour bullish lows, while block marked Y' may influence bearish momentum.
Happy Trading,
K.
BTC Bitcoin golden pocket bounce?BTC Bitcoin golden pocket bounce? If we don't get a bounce at .61 then I'm looking at S1 confluence with .78 as a possible long entry and 87K.
Bitcoin will go down?This is my idea that I'm following. I think that now we have to move down, if we break the first support at 85K we'll go down to 77k...
What do you think?
BTCUSDT: Short-Term Analysis for 14/11/2024
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always consult multiple sources and conduct thorough research before making trading decisions.
Time Frame: 1-hour
Market Analysis:
The market has not taken any inducement, therefore, the high is not yet confirmed.
A breakout above the current high of 91,645.00 could potentially trigger a rally towards the upper target, as indicated by the XABCD pattern on the chart.
Alternative Scenario
On the other hand, if the price dips below the invalidation at 88,005.00 level, then the XABCD pattern is invalid, therefore likelihood of reaching the upper range becomes increasingly uncertain.
Key Levels:
immediate Support: 88,005.00
Resistance: 94,120.00 - 96,866.00
Local High: 93,421.00
Trading Bias:
The current market structure is forming a rising wedge pattern, a bearish reversal formation. Furthermore, the harmonic XABCD pattern suggests a high probability of trend reversal to bearish after reaching the upper level.
Additionally, the Relative Strength Index (RSI) is exhibiting bearish divergence, indicating a loss of upward momentum. Decreasing volume also supports the bearish outlook.
These technical indicators collectively suggest a heightened likelihood of a trend reversal, warranting caution and close monitoring of market developments.
chart:
How Trumponomics drove Bitcoin to $1M!!!As Mr Trump returns to the White House, his economic policies and fiscal strategy have attracted global attention. As well as powering the reshoring of domestic industry, this economic revolution is likely to accelerate the rise in the value of digital assets such as bitcoin.
At the heart of Trumpomics is a push for an "America First plan" that includes tax breaks and subsidies to lure vital industries such as semiconductors and car manufacturing back to the US. Different from the neoliberal policies of the past, this strategy focuses more on government intervention to promote the development of the real economy. The Trump administration has also proposed boosting overall nominal GDP by encouraging business expansion and household consumption through cheap loans and bank credit support.
The fiscal stimulus underlying this policy has had a direct impact on bitcoin. "Stimulus checks" during the pandemic a few years ago showed that a direct flow of money to ordinary people was effective in raising the velocity of money and boosting economic growth. If similar stimulus measures are implemented further in the future, the price of bitcoin as a safe haven against inflation and fiat currency depreciation could exceed $1M!
Buying BitcointBuying the opening Dip in order to move to the next target which would be the margin calls about the last highs. overall looking at a 94.5k bitcoin price today or tomorrow.
We will have correction in BTCBitcoin has formed a dynamic support level on the one-hour timeframe, with the latest interaction at this level indicating weakness in the current trend. This time, it is expected that Bitcoin will break below this dynamic support and attempt to test its static support range between $88,900 and $89,500. Given the significant liquidity accumulating below this dynamic support, it's anticipated that Bitcoin will dip below the static support to gather liquidity before making another attempt to test its resistance and then potentially enter a trading range. This trading range could lie between $88,000 and $92,000.
The critical support level for Bitcoin is in the $85,000 to $86,200 range. According to the analysis, before forming a new high, Bitcoin is likely to accumulate liquidity below this support. Therefore, the optimal range for re-entering a long position is between $85,000 and $86,200. Key support and resistance levels for Bitcoin are marked on the chart.
Next move to BTCWatch out!
The correction I expect it to make before 100K and form head and shoulders
Bitcoin binge ends with 200KBitcoin formed a strong bullish pattern on a 4H time frame.
I see an ascending triangle - a bullish accumulation pattern
with a confirmed breakout of its resistance.
A trend line and a broken horizontal structure compose a contracting
demand zone now.
Probabilities are high that bulls will push the prices higher.
Bitcoin continues to rise to 97,500 after a brief correction!Bitcoin continues to rise to 97,500 after a brief correction!
In the chart, we can see how the price some time traded near support 2, which coincided with the support zone and even entered to this area, where little time traded too and then started to grow inside the upward channel. Soon, BTC broke support 2 again and then reached the resistance line, after which made a correction to trend line and later broke this line and fell to the support line of the channel. A not long time price traded near this line and later rebounded to the trend line, which coincided with support 1 and broke them. Next, the price rose to the resistance line, after which made a correction back, breaking the trend line one more time, but soon BTC turned around and continued to move up between this line. At the moment, price traded below the trend line and I expect that BTCUSDT will fall to the channel's support line and then start to grow to the resistance line, breaking the trend line. For this case, I set my goal at 97500 level.
BTCUSDT- The next target will touch 98K!!BTCUSDT- The next target will touch 98K!!
Bitcoin Target for the Next Day: BTC Will Hit 98K
Bitcoin is still in an uptrend.
Bullish Structure .
We can expect to see a small correction and then a move directly to 98K.
bearish set up on bitcoin Given the pattern and current market structure, there's a strong case for a short- term bearish scenario. However, if Bitcoin finds support and bounces at the key levels mentioned it could attract buyers and potentially reverse. For now, the focus remains oon the targets set for profit-taking on the downside. This corrective phase could provide good shorting opportinyties especially after the recent bullish rally.
Bitcoin Approaching Upper Channel Resistancehello guys.
Ascending Channel: Bitcoin is trading within a well-defined ascending channel, with support and resistance levels marked by parallel lines.
Upper Resistance Zone: The price is nearing the upper boundary of the channel around $95,784, which may act as strong resistance.
Bullish Momentum: The trend is bullish as Bitcoin has consistently followed the channel upwards, respecting both support and resistance levels.
Potential Pullback: If Bitcoin faces resistance at the upper channel, a pullback towards the midline or lower boundary is possible.
Target: If the price breaks above the upper boundary, Bitcoin could see a further bullish extension around $95,784. However, rejection at this level could signal a temporary correction.
100k BTC ??Bitcoin formed a classic flag pattern and remained within a channel for about six months before breaking out of the bull flag. The next key target appears to be around the $100,000 level, where it could face significant resistance and possibly a major correction.
Once the target is reached, the market is likely to experience a sharp reversal, driven by the high anticipation around the $100k mark, a level traders have been eyeing for nearly a decade.
Expect substantial volatility as the price approaches this psychological threshold.
