Update analysis of btc price by ict price action This is very good tha ict is the best.. Because it can predict very exact. Tp 1 and tp2 reached successfully. Waiting for final tp. Good luck dear tr🏁Longby ICTTRADER2024112
Key Level for Bitcoin Trend Reversal is ...Last week, the price closed below the previous low, forming another lower low. This further confirms that Bitcoin is in a bearish trend, which has been ongoing for the past six months. The crucial level at the moment is $64,220 (the last formed high). This key level separates us from a bullish (upward) trend. If the price on the weekly timeframe can break this level and close above it, it will be a very important indicator of a trend reversal. Until then, we remain in a bearish trend.by Yaroslav_KraskoUpdated 116
BTCUSDT.1DAs I examine the BTC/USDT daily chart, several key technical levels and patterns provide insight into Bitcoin’s current positioning and potential direction. Bitcoin is trading around 76,021.92, nearing a critical resistance level at R1 (77,199.99). This level could play a decisive role in Bitcoin's trajectory, as a breakout above it may signal a continuation of the bullish trend, while rejection here could prompt a pullback. In terms of support, I’ve identified multiple levels that may serve as buffers if the price experiences downward pressure. The closest support level is S1 (71,526.25), followed by S2 (64,796.97) and S3 (59,376.05). These levels represent zones where buying interest could re-emerge, providing potential areas for entry should Bitcoin retrace. The MACD (12, 26) indicator currently shows a positive outlook, with the MACD line above the signal line, signaling that bullish momentum is in play. However, the histogram bars are starting to decline slightly, suggesting a possible slowing in buying strength. This subtle shift in momentum could imply that Bitcoin might be approaching a temporary top, especially if R1 remains unbroken. Looking at the broader trend, the recent price action suggests Bitcoin is testing a long-term ascending trendline. A sustained move above R1 would likely reinforce the bullish outlook, with potential upside targets in the high 80,000s or even 90,000, if momentum persists. On the other hand, a pullback from this level might lead to a test of S1 or lower support levels, where I’d look for buying signals to assess potential entry points. In conclusion, my stance on BTC/USDT remains cautiously bullish, with a focus on Bitcoin’s behavior around R1. A decisive breakout would confirm the continuation of the bullish trend, while a rejection could initiate a corrective move toward S1 or lower supports. I remain vigilant, monitoring momentum indicators and support-resistance interactions to guide my decisions in this dynamic market.Shortby MarsSignals118
What is the Bitcoin plan?Given the recent pump by US election news, the dual scenario is more correct for Bitcoin. As you know, the market is probabilities and we only predict and follow probabilities, because the nature of the financial market is uncertainty. It seems that the first part of this double was a diametric that ended and then we had an X wave and now for the second part of this double we can look for rebuy in the flip range. We can consider the range of 82K - 88K as the peak of this duality. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank Youby behdark13
Must reserve order at Stop Loss point when trading Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (USDT.D 1M chart) I think the conditions for an uptrend have been met as USDT dominance has fallen below 4.97. (BTC.D 1M chart) However, it seems that it still takes time for the altcoin uptrend to start. Well, many altcoins are rising now, but there are only a few altcoins that are showing a full-fledged uptrend, so they have recorded a lot of declines. I think that for the altcoin bull market to start, BTC dominance needs to fall below 55.01 and maintain or show a downward trend. If not, altcoins may gradually move sideways or show a strange bull market where only BTC rises, so caution is required. --------------------------------------------- (BTCUSDT 1D chart) When the ATH is renewed, the target point is 1st: 1.618 (76787.43) 2nd: 1.618 (89050.0) I think it is around the 1st and 2nd points above. If the price rises above 1.618 (76787.43) and maintains, there are several points that need to be passed to rise to the 1.618 (89050.0) point. Therefore, when there is a jolt in that area, you should focus on finding the right time to trade by considering whether you can make a split trade or a new entry, and referring to the method explained below. The point where the current upward trend is likely to turn into a downward trend is the 72344.74 point. If the BW(100) line is created this time, I will report the price at that time and tell you again. - Since the ATH has been renewed, it can be seen that it has become more difficult to trade newly. Well, you can think that a market has been formed where you can make a profit by buying and waiting, but it is also a market where it is not strange for it to fall at any time. When trading in this market, you must set a stop loss point. Otherwise, you may end up in a situation where everyone is making a profit but you are the only one suffering a loss. Therefore, let's take some time to talk about how to start trading and how to set a stop loss point. - Since the current ATH is being updated, the support and resistance points drawn on the 1M, 1W, and 1D charts are almost unnecessary. For most altcoins, you can select a trading point and respond by referring to the support and resistance points drawn on the 1M, 1W, and 1D charts. (1h chart) Therefore, to start trading, you can start trading on the time frame chart below the 1D chart, that is, the chart that you mainly look at and trade. Even so, as I always say, the basic chart for trading is the 1D chart, so you must check the trend or support and resistance points on the 1D chart before starting trading. The most important things to look at when starting trading are the 5EMA on the 1D chart and the M-Signal indicator on the 1M, 1W, and 1D charts. This is because there is a high possibility of volatility depending on whether these indicators are touched and the support and resistance points around them are supported. At the current price position, the support and resistance points drawn on the 1D chart are 75571.99 points. Therefore, you should prepare to trade based on whether there is support or not based on the 75571.99 point. Since it is in an upward trend on the 1D chart, it is better to focus on finding the time to buy (LONG). - Accordingly, if you have confirmed that it is supported near 75571.99 and are thinking of buying, you should think about where to set the first stop loss point. You can select the first and second points among the various support and resistance points drawn on the chart as the first stop loss point. If you do that, you can see that the profit and loss ratio is not right. Since the loss is this large, it is important to adjust the investment ratio when starting a trade. That is why you should be more careful when finding the time to buy. In other words, it should be considered that it is a more advantageous time to conduct a breakout trade. (For altcoins that do not update the ATH, it is recommended to conduct a transaction depending on whether there is support.) Therefore, it means that it is better to proceed with a purchase when the 75571.99 point is broken upward from the bottom and receives support and rises. If the purchase is successful in that way, when the price rises and touches the 3rd point, change the stop loss point by changing the stop loss point to the 1st point or the 75571.99 point and proceed with the transaction. If you do this, there may be cases where you are sold due to sudden volatility, but it is still recommended to conduct the transaction while setting the stop loss point. This is because in the past, in 1919 and 2021, when both cases turned downward, you should not fall into a situation where you cannot do anything because you bought it as it was. - If the support and resistance points drawn on the 1M, 1W, and 1D charts are located at a point where there are no support or resistance points at all, you should trade by looking at the movements of the indicators on the time frame chart you are currently viewing (in this case, the 1h chart). To do this, you should check the positions of the 5EMA on the 1D chart and the M-Signal indicators on the 1M, 1W, and 1D charts that I mentioned earlier. Since there are no 5EMA on the 1D chart and M-Signal indicators on the 1M, 1W, and 1D charts at the current price position, the next indicators to look at are the BW(100), HA-HIgh indicator and the BW(0), HA-Low indicator. Since the BW(100) and HA-High indicators were created, it means that a high point section has been formed, so you should think that there is a high possibility of a decline. Therefore, you should buy when it falls and then breaks through the BW(100), HA-High indicators upward to show support. Therefore, in order to conduct a SHORT transaction, you can start trading depending on whether the BW(100) and HA-High indicators are generated and whether there is support. - The fact that the BW(0) and HA-Low indicators are generated means that a low point range has been formed. Therefore, when the BW(0) and HA-Low indicators are generated, you should quickly decide whether you can start trading, thinking that there is a high possibility of an increase. At this time, it is good to check the movement of the StochRSI indicator as reference material. Although it sometimes moves in the opposite direction of the price movement, if it shows a pattern of escaping from the overbought or oversold range, it can be used as a good reference material. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that a full-scale upward trend will begin when it rises above 29K. The range expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCrypto12
Buying Bitcoin It should be approached carefully, because I will scalp it, and only some of the positions will be long-termLongby KirilIlievUpdated 112
Be aware, BTCUSDT likely to retest!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyze BTCUSDT on higher time frame: Bitcoin experienced a significant 16.86% surge last week, breaking out of an inverse head and shoulder pattern following the US election and Trump's victory. This substantial price increase has boosted Bitcoin's dominance to nearly 60%. BTCUSDT reached a peak of $81,846 on Binance. However, a potential price correction from $83,000 to $85,000 range is expected, allowing for a healthy retest or sideways consolidation. As a result of this Bitcoin rally, smart money is likely to flow into alternative cryptocurrencies, particularly meme coins, Layer 1 blockchains, real-world assets, and some large-cap tokens. Bitcoin is expected to retest two key support levels: $73,000 to $70,000 zone $64,000 to $61,000 zone It is advisable to take profits at opportune moments and consider dollar-cost averaging (DCA) to accumulate positions at favorable prices. If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!by persis10t113
Expecting a possible retracement in the 73.7k-71.5k zoneExpecting a possible retracement in the 73.7k-71.5k zone, which could present both long and short opportunities. 🔄 • A pullback is healthy for continuation – buy the dip or take profits on short positions before the next surge. 💰 Stay updated for more insights. Trade wisely and safe! 🔐 DYOR NFALongby Doctortrades0112
BTC reversal pattern BTC reverse head and shoulder pattern, generically it's a reversal pattern, let's see if that's gonna play outLongby abberto88gi112
Patterns of Emotional Wallet DestructionHello Monstralians, The chart highlights three distinct patterns that reveal common emotional responses among traders and investors. A clear parallel can be drawn between these patterns and the behavior marked by the Greed and Fear Index, which shows similar levels of sentiment across the board. Currently, there's a noticeable sense of boredom and lack of motivation for investment in the market. Long-term investments are dwindling as participants increasingly question the credibility of the crypto market . This growing skepticism is also leading to a loss of hope in altcoins. Some traders, facing small losses, are selling off their assets in anticipation of even lower prices. Meanwhile, others are turning to futures trading with high leverage , hoping to profit from the market's low volatility. However, this range-bound market is causing many traders to make significant mistakes, often neglecting proper money management practices in the process. Despite all the negativity , the TA tells me that this is a bullish pattern and the target is 80k. Longby MonstralianUpdated 445
$BTC shorting nowThis is my trading idea for BTC. Yes shorting BTC now. follow arrow to join my trade. Shortby Taylan_K229
Entered the important Fibonacci ratio point 2.618 - 1.618 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) It has risen by more than 10% for the first time in a long time. It has touched the target range of 2.618 (87814.27) ~ 1.618 (89050.0). Accordingly, it is expected to determine the trend again. If there is an additional sharp rise, it is possible to touch the area around 3.618 (98841.11). The next volatility period is around November 16 (November 15-17). - (1h chart) The creation of the BW(100) line means that a high point has been formed. Therefore, when the BW(100) line is created, it will mostly show a downward trend. However, since we do not know how much it will fall, we need to check the movement at the support and resistance points. In addition, when a real decline begins, it ignores all support and resistance points and falls, so in fact, the support and resistance points do not have much meaning. However, it can be used as a location to proceed with a split sell. - We have several indicators that can respond to the decline. BW(100), HA-High, StErr Line, MS-Signal (M-Signal on 1M, 1W, 1D charts), and 5EMA on 1D charts are included. The first to appear among these are BW(100) and StErr Line. The next to appear are HA-High and MS-Signal. Therefore, when it falls below a certain indicator, you can choose whether to sell in installments or buy more. - Since BTC has risen by more than 10%, it is highly likely that it will move sideways in the current section. At this time, the point to watch is whether the HA-High indicator rises and is created. When the HA-High indicator is created, it will be easier to respond because it creates a box section. However, since there is a process of shaking up and down to form a box section, caution is required at this time. This is because it is not possible to know whether a box section is formed or a decline is in progress. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCryptoUpdated 12
BTCUSDT ProjectionBTCUSDT is likely forming a clear inverted head and shoulders on the smaller timeframe. As this chart pattern develops, the price could break above the neckline. However, there are two key level zones (a fibonacci cluster from the mid-timeframe) around 88K. IF 88K breaks upwards it could lead to a new ATH, potentially around 95K. But, IF the price faces rejection, strong demand awaits around 84K, where a retest of multiple EMAs would provide good support for an upward move. For everyone, trade carefully and wait until this movement is complete, especially with the Fed chairman scheduled to speak on the 15th, which will likely impact BTCUSDT. TRADE AT YOUR OWN RISK.by yuriakashi222
Bitcoin NEW ATHBitcoin Analysis As expected, #BTC brokeout the previous ATH with a single solid green candle ($69k to $76400) and made a NEW ATH of $77199.99. The #bullish trend started . Now everyday we will see NEW ATH .by OfficialCryptoTraders112
BTC All time highsBTC reached an all time high and looks like it's about to hit $100k before new year. I do not suggest buying the top and wait for some exhaustion. before buying. We will be posting analysis to help out with solid entries for long term holds. Longby PrimexCapital112
A fresh 26D old stick.A new 26 day candle opened on this day. You can read so many disturbing opinions that in reality this is preparation for a drop. The historical truth, however, is that a breakout in a halving year usually leads price even higher. And looking at bitcoin on a 4 hour chart doesn't make much sense now unless you are trading intraday.by averkie_skila111
Bitcoin will trap everyone! 78k then 20% crash! (must see)Bitcoin is currently very bullish; that's clearly visible and soon will hit a new all time high. That's exactly the point where a lot of people will start buying with the belief of going to 100k - 130k. But you may know that Bitcoin is under extreme manipulation by BlackRock and other institutions. This is not a stock market, so they will not let Bitcoin go up, and instead they will trigger a massive crash back to 63k. Nobody likes Blackrock, but it's how it is. So what is the plan? First, I expect Bitcoin to go up and reach 78k. Then, when everyone buys, the price will crash to 63k. Do not forget that we also need to see a successful retest of the bullish flag. There is no retest yet. Bitcoin needs to confirm this uptrend, so do not FOMO in. I have been bullish since 60k or so, and I predicted the majority of Bitcoin movements in past months. Why is 63k important? We have a 200 daily moving average and FVG (Fair Value GAP) around this level. Also, the RSI indicator is starting to be overbought; you want to buy low when everyone is bearish. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!Longby XanroxUpdated 160160516
1hr and 4hrs Bearish Cycles in syncToday the 1hr and 4hrs Bearish Cycles got in sync mark by the RED vertical lines and as long as the 4hrs Bearish Cycle is active one of two things will take place or it enters into a trading range or drop to find its balance point until the Bearish Cycle is completed and then continue higher. As of now 4hrs Bearish Cycle will last until around Nov 24th and then a NEW Bullish Cycle will starts to go and test the ATH and probably break it and fly to the $100k mark so buckle up ladies and gentlemen cause Santa is coming to town and is bringing Lambos for all. Shortby Numberfive117
BTC when breakout ? #BTC / USDT BTC was following my recent analysis 2 times in row First one which i mentioned 59-57k as bottom potential and it bounced at 59k , Second one which i mentioned 65-64k bounced at 65k Now BTC once again and again is retesting at massive resistance of +200days and taking the dominance from alts (alts rekt) ..Breakout this resistance will result into short term targets 73k and around 80k Are we ready now for massive breakout? Longby BabenskiUpdated 4436
BTCUSDT near 93K$ resistance zone wait for fallWe are looking for rest and correction now to the targets and supports like 80K$ and then easy hit 70K$ as second target and after that range market again for a while. BTC is still bullish and we may have more pump too but all of our targets which were 83K$ and 93K$ are hit and we are looking for range and correction now for a while before more gain. DISCLAIMER: ((trade based on your own decision)) < Shortby MMBTtrader114
BTC to 96,000$ ?Long-Term: Based on recent market dynamics, Bitcoin (BTC) has achieved a significant milestone, reaching the anticipated target of $81,000. Looking forward, I anticipate a potential short-term retracement, where BTC could consolidate around $71,000. This dip may allow BTC to gather momentum before potentially advancing toward the next target of $96,000. This outlook represents a swing trade perspective. Disclaimer, This is not financial advice; it is shared purely for educational insights. Trading involves substantial risk, and there's a possibility of incurring significant losses. Longby Bilind-GeniusScalper221
Retrace for Bitcoin before going up moreAfter Bitcoin recently achieved a new all-time high, we are now entering a period where the market often takes a step back to consolidate. Following such monumental price increases, it’s typical for Bitcoin to experience a temporary pullback or cooling-off phase, which is a natural and necessary part of its growth cycle. This phase allows the price to stabilize, setting up a more sustainable foundation for future increases. As we head into the weekend, it’s worth noting that weekend trading often brings more volatility due to lower trading volumes. With fewer institutional players active, the market can see sharper fluctuations, which makes it more likely for Bitcoin to experience a temporary decline. This dip provides an opportunity for consolidation, allowing new levels of support to form as some traders take profits and others prepare for the next upward movement. Historically, Bitcoin has demonstrated a pattern of retracing after hitting record highs. These pullbacks don’t signal weakness but rather reflect healthy market behavior as investors recalibrate and the market digests the recent gains. During these brief retracements, the market can gather fresh momentum for future growth. In the broader perspective, Bitcoin’s fundamentals remain strong. Demand from both institutional and retail investors, concerns about inflation, and Bitcoin’s limited supply all support its long-term bullish outlook. A temporary dip simply allows more investors to enter at a more attractive price point, adding strength to the next wave of buying. In summary, a brief pullback after an all-time high is a common occurrence in the market. As we move into the weekend, a minor retrace could set the stage for Bitcoin’s next leg up by building a stronger base. For those with a long-term perspective, this dip may present an ideal opportunity to accumulate more, while traders could find opportunities in short-term volatility. A short-term pause doesn’t change the larger picture; it simply prepares the market for the next chapter in Bitcoin’s journey upward.Shortby Gollem_111
now sell to the lowTechnical Analysis: Look at key support and resistance levels on price charts. Identify any trends or patterns that may indicate a reversal or a continuation of price movement. Set Alerts: Use trading platforms to set price alerts for specific levels where you would consider selling. Monitor Market Sentiment: Stay updated on market news and events that could influence BTC prices. Plan Your Exit: Define your target selling price and stop-loss levels to manage your risks effectively. Practice Risk Management: Ensure you're not overexposing yourself to market volatility. If you're considering selling BTC, make sure to do your own research or consult with a financial advisor for tailored advice. Shortby farzadzeraatkar110