Rektproof Inspired longI like the way he draws those boxes to show a liquidity hunt. Sell TWAP seems to be over, coinbase back to TWAPing in.Longby r90000Updated 4
BTCUSDTHello Traders! Should You Buy or Sell Bitcoin? Overall, Bitcoin has been trending higher, after it broke above the parallel triangle, indicating significant potential for the Bulls in the near term. However, the price is now approaching the important resistance zone near $64,280, which is likely to result in a temporary correction. After that, from the psychological support zone of $61,200, along with the push of the 34.89 EMA, we expect a major upside move. Traders can consider buying and targeting a profit at $69,580. If you found this analysis helpful, don’t forget to like and share your thoughts in the comments! ❤️Longby Dominic_BitcoinUpdated 5
Bitcoin Daily TargetsToday we have two targets for Bitcoin. The short moves looks exhausted, and the whole pattern (volume+pattern+order flow) looks bullish. The first target is the area at $59.100, next if Bitcoin will have enough strength, we can target the area at $59.700/$60.000Longby SaliJournal5
BTCUSDT- Be optimistic! - Trending up!Hello, guys, It is observed that price is traded within a band (blue channel) forming a pattern known as the bullish flag which is highlighted (green) pole and a trading channel (blue). This present a massive opportunity as this chart structure indicates a prospective price rise of about 70%. This also aligns with the other fundamentals like the US elections in November as usually market makers will take position before significant events. The idea is to buy at the lower troughs of the blue channel while expecting a price break-out to about $88,000 ACTION PLAN 61200-64200 -- BUY 60800 -56500 --WAIT/ DO NOTHING BELOW 56000 --SELL However, this trade idea gives a risk reward ratio of 8.9. Good luck to youby Illusory-lifeUpdated 4
Weekend trades for you The price action breakdown with high predictive probability are the best to trade. In this video I talk you through some of those set ups 📝Continuation plays Reaction demand on the way up Model 1 and 2 range deflection plays For each one of these plays I will be waiting for a change in market structure before entry. Watch the full video for a detailed analysis and stay ahead of the curve! 🔍📈 Make sure to follow for regular updates and insights! 🔔💡 Watch video IN CHANNEL for full breakdown ▶️ #500FOLLOWERS 🎉 #500GIVEAWAY 🎁by Trade-Journal3
BTCUSDT.1DIn this analysis of the Bitcoin/USDT daily chart, we observe several key technical patterns and indicators that guide my trading decisions. Currently, Bitcoin is trading at around $60,532.70, showing a significant increase of 3.98% on the day. Firstly, the resistance levels (R1 and R2) and support levels (S1 and S2) are crucial in understanding potential price barriers. The first resistance level (R1) at approximately $56,715.30 has been recently breached, suggesting a bullish momentum. The next significant resistance level (R2) is at around $65,272.36, which could be the target if the bullish trend continues. Conversely, the support levels (S1 and S2) at $48,629.92 and roughly $49,000 respectively, provide areas where price pullbacks might stabilize and potentially reverse. The price has recently broken out of a downward trend, indicated by the red trendline, and has moved upward, crossing this boundary, which is a bullish signal. If the price can maintain above this breakout level, it would confirm the continuation of the bullish trend. The Moving Average Convergence Divergence (MACD) is also indicative of growing bullish momentum, as the MACD line (blue) crosses above the signal line (orange). This crossover, coupled with a positive histogram, supports the idea of increasing buying pressure. Additionally, the Relative Strength Index (RSI) at 46.21, though closer to the middle, shows that there's room for upward movement before the asset becomes overbought. This indicates potential for further price increases before hitting overbought territory. In conclusion, my analysis suggests that Bitcoin is currently on a bullish trajectory, having broken key resistance and showing strong signals on both MACD and RSI indicators. My strategy will involve closely watching the $65,272.36 resistance level for potential sell signals, while maintaining vigilance on the support levels for buy opportunities should any pullbacks occur.by MarsSignals4
BTC short to low 40's and back up to 56k before October 1st I've been working to get into this trade the last couple of days and seem to have a good entry for now. Let's see how the volatility will be tomorrow. I expect another bump n run, but have my risk managed. Shortby Dutch_Viking4
There Is No Reason To Be Bearish At Current Situation👉 In My Idea At Current BTC Situation There Is No Worry About The Market And We Are At The Corrective Phase At Low Timeframe Before Breakout The Trend Line 📈 57500$ Is a PRZ That I Named It As a Wave 2 From Main Impulse Or Wave A From Main 2, At Both Scenarios We Are At The Correction Wave Not a New Bear Trend And At Worst Scenario We Will See 56k Area As a Wave 2 Low Before Break The 60700$ Resistance Longby Bullish_Traders4
BTC Daily analysisBTC finds it hard to punch through 64k, 200MA Daily TF Rejection. FVG around 62k level Bullish OB at 58kby abberto88gi4
BTC Update (4H)This analysis is an update of the analysis you see in the "Related Ideas" section It looks like the symmetrical is over and we are in a new pattern or wave X We specified the main supply on the chart. We are looking for sell/short positions in this range. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank Youby behdark6
SHORT BTC Looking at the chart for **Bitcoin (BTC/USDT)**, here’s a breakdown of the analysis: ### 1. **Market Structure:** The chart shows a series of **consolidation ranges**, marked by the purple boxes, with the price moving between these ranges over time. These ranges suggest that the market is in a sideways, ranging phase, with clear support and resistance levels being respected. ### 2. **Key Levels:** - **Resistance Level (around 61,176 USDT):** Bitcoin is currently near a resistance zone, and from the recent history of the price movement, this level has acted as a barrier multiple times. - **Support Level (around 59,569 USDT):** The price has bounced off this level a few times as well, and it seems to be a significant support zone in the current market. ### 3. **RSI Indicator:** The RSI is hovering around **64**, which is approaching overbought territory but is not quite there yet. This suggests that the price could still move upward a bit before the market considers it overbought, but caution is warranted as a reversal could happen. ### 4. **Trade Plan:** - Based on the current structure, you seem to be expecting a **rejection from the resistance** level near 61,176 USDT. - The **downward arrow** in the chart indicates that you're anticipating a sell-off or correction once Bitcoin reaches this resistance zone, with the price potentially moving toward the next support area. ### 5. **Potential Targets:** - **Short-Term Target:** You may expect the price to drop back to the 59,569 USDT level initially, which is the nearest support zone. - **Longer-Term Target:** If the price breaks through this support level, the next target could be around 54,000 USDT, as indicated by the lower support zone. ### 6. **Conclusion:** This trade idea appears to be a **sell setup**: - **Sell near resistance (61,176 USDT)** if a rejection occurs. - **First target** at **59,569 USDT** (support). - If the price breaks lower, you could look for a **further decline toward 54,000 USDT**. This setup follows a classic range-bound trading strategy where the price is expected to reverse at resistance and head toward the nearest support level. Monitoring the RSI and price action around these key levels will be crucial for timing the entry and exit of the trade.Shortby Ryantungle5
head and shoulderit seems head and shoulder pattern and we can predict falling price Shortby kamyardn4
BTC/USDT Technical Analysis Overview: BTC recently broke above a key resistance trendline after forming a higher low near the 52,000-53,000 USD range. It is currently trading at around 63,445 USD. The brown-shaded area on the chart highlights a zone between approximately 62,000 and 70,000 USD, which appears to be a significant resistance zone. The green trendline below seems to represent a long-term support level, from which BTC has rebounded multiple times. The yellow and purple moving averages on the chart suggest a short-term bullish momentum, with the shorter-term average trending upward and the price breaking above it. Downward Resistance Line: A previously descending resistance line was broken, indicating a potential bullish breakout. BTC appears to be entering a bullish continuation phase, attempting to push further into the resistance zone. If the price holds above the 62,000 USD level, it could target the upper end of the brown zone near 70,000 USD. Let me know if you'd like a more detailed technical analysis! Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.Longby CryptoSanders95633
BTC Short (Full Trade Plan)Traders, let's look at this traditional bearish chart setup. 1) For the past six months, there has been a bearish consolidation in the price of bitcoin. The market appears to be in the distribution phase, 2) as seen by the decline in volume (you can observe volumes in a one-month timeframe). I'm wishing you success and financial gain. SHORT BTCUSDT Current price: $60,408 Entry levels: 1) $61,000 2) $62,000 3) $63,000 Targets: 1) $52,500 2) $48,000 3) $42,444 4) $39,000 Stop-loss: $66,000 Potential profits: 70% - 200% Capital allocation: 2% Shortby limitissky774
Rate Cuts Play out cup and handle patternFOMC Rate Cut: The Federal Reserve cut rates by 50 basis points in September 2024, aiming to boost economic activity as inflation eases. This cut provides increased liquidity and lowers borrowing costs, likely benefiting speculative assets. Bitcoin’s Cup and Handle Pattern: The cup and handle pattern in Bitcoin suggests a bullish breakout with a potential target of $120,000. Lower interest rates increase investor demand for Bitcoin, encouraging price gains. The favorable monetary environment supports a move toward this target, as investors seek higher returns in alternative assets like cryptocurrencies. BITSTAMP:BTCUSD Longby chartzilla3
Bitcoin Analysis on the H4 18/09/2024 - Macro Overview Investors continue to withdraw bitcoin, putting pressure on exchange balances, which have dropped below 2.99 million BTC. An additional $130.2 million investment into spot bitcoin ETFs, excluding IBIT, FBTC, and BRRR due to pending results, confirmed previous figures. Investors are more optimistic about the positive momentum in Q4, supporting bitcoin prices. - Technical Analysis After retesting the 57,660 level, BTCUSD recovered above both EMAs and formed a higher high. This strong bullish momentum has shifted the structure upwards, accumulating strength. If BTCUSD extends its rally beyond 60,600, the price could test 61,600 before reaching 62,800. Conversely, if BTCUSD remains below 60,600, the price may retreat to 59,200 before continuing the trend.Shortby Golden-Fund-Forex4
BTCUSDT - In Bullish trendThis coin has been assessed on a 15m time frame and soon after bullish divergence an entry is decided as a pending order with TP3 as target. Longby MuhammadArif0395
Are we headed for the all time highs?The price action breakdown with high predictive probability are the best to trade. In this video I talk you through some of those set ups 📝Continuation plays Reaction demand on the way up Model 1 and 2 range deflection plays For each one of these plays I will be waiting for a change in market structure before entry. Watch the full video for a detailed analysis and stay ahead of the curve! 🔍📈 Make sure to follow for regular updates and insights! 🔔💡 Watch video IN CHANNEL for full breakdown ▶️ #500FOLLOWERS 🎉 #500GIVEAWAY 🎁24:54by Trade-Journal3
BTC LongOrder fill level is near around 60150 this time i am looking for double supply after order fill level which is also retest area and taget i will look for after seeing double supply is 85698. it will be swing. for long time. Longby MeghalTrivedi2
BTC update - Sep 20 2024Following FED's announcement and the 0.5% rate cut, market's reaction was positive and many coins experienced pumps as was expected. #BTC was no exception as well and the announcement helped BTC push through the 60,000 - 61,000 resistance zone. Most important level ahead is probably 65,700 as daily close above the mentioned level can take BTC to 71,000 area.Longby AlgoBotTrading3
Bitcoin_idea.exeBitcoin's price action continues to show a strong bullish trend. 4f 6e 20 46 72 69 64 61 79 2c 20 66 6f 6c 6c 6f 77 69 6e 67 20 74 68 65 20 72 65 6c 65 61 73 65 20 6f 66 20 74 68 65 20 4e 46 50 20 64 61 74 61 2c 20 42 69 74 63 6f 69 6e 20 65 78 70 65 72 69 65 6e 63 65 64 20 61 20 73 68 61 72 70 20 64 72 6f 70 2e 20 48 6f 77 65 76 65 72 2c 20 62 79 20 74 68 65 20 65 6e 64 20 6f 66 20 74 68 65 20 64 61 79 2c 20 74 68 65 20 70 72 69 63 65 20 66 61 69 6c 65 64 20 74 6f 20 67 61 69 6e 20 66 75 72 74 68 65 72 20 64 6f 77 6e 73 69 64 65 20 6d 6f 6d 65 6e 74 75 6d 2c 20 61 6e 64 20 69 6e 73 74 65 61 64 20 6f 66 20 63 6f 6e 74 69 6e 75 69 6e 67 20 6c 6f 77 65 72 20 74 6f 20 74 65 73 74 20 74 68 65 20 73 75 70 70 6f 72 74 20 6f 66 20 74 68 65 20 66 6c 61 67 20 66 6f 72 6d 61 74 69 6f 6e 20 28 77 68 65 72 65 20 42 69 74 63 6f 69 6e 20 68 61 73 20 62 65 65 6e 20 74 72 61 64 69 6e 67 20 66 6f 72 20 74 68 65 20 70 61 73 74 20 73 69 78 20 6d 6f 6e 74 68 73 29 2c 20 69 74 20 72 65 76 65 72 73 65 64 20 74 6f 20 74 68 65 20 75 70 73 69 64 65 2eLongby JasonValice4
I have moved my stop loss to break evenI have moved my stop loss to break even as I said in my previous BTC trade idea fro this week. The idea seems working pretty well until now and let’s see what happens next. I will publish my take profits too if they hit.Longby TraderKempo3
bitcoin jump coimingh upwe see hire the trend line break now we wait for the retest lettsss go Longby jjvdmeulen923