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BTCUSDT trade ideas

BITCOIN breakout of the main resistance Hello and greetings to all the crypto enthusiasts, ✌ The previous analyses regarding Bitcoin have not only met but exceeded their bullish targets. In this assessment, we will provide a comprehensive summary of Bitcoin's price movements within the pertinent timeframe. 💣🚀 The price has successfully pierced through two notable resistance peaks and is now approaching one of its most significant resistance levels observed in recent months. 📚✔ Given the impressive surge in trading volume, coupled with the insights gleaned from the technical chart, I am optimistic about the potential for either a touch or a decisive break of this resistance in the immediate future. However, prior to that breakthrough, we may experience a phase characterized by sideways movement or brief bearish candles. 📚🎇 🧨🧨 Our team’s overarching perspective leans toward further bullish movement and the possibility of overcoming this prolonged resistance, with the expectation of encountering neutral or ranging candles in the short term. Additional scenarios are also illustrated on the chart, indicated with lighter arrows, while the price targets are clearly marked for your reference. 🧨🧨 To enhance your understanding, I’ve summarized the key takeaways at the bottom of the chart for your convenience. I hope you find this analysis insightful and beneficial. ✌🎉 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
4
BTC/USD : new ATH is on the way ? (READ THE CAPTION)By analyzing the #Bitcoin chart in the weekly timeframe, we can see that after the last analysis, when the price was trading around $66,500, I expected Bitcoin to find support at this level and continue rising, which is exactly what happened. Bitcoin has now gained over 5%, reaching $68,500. We’ll have to see if the price can hold above $69,000 in the next two weeks. If it does, we could potentially witness another rally and a new high above $74,000. This analysis will be updated as the situation progresses! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
9
Bitcoin surprise target Bitcoin has touch $77.000 and make significant price movement. I really like this bullish momentum combined with US. election result. Now I want to share with you what I see in the chart on BTC. Maybe just little annoying for some people but this what I found on the price chart for Bitcoin price movement. From my simple analysis the price is going down to $71.500 - $72.000 for temporary movement before continue the next path price. The support gap is not filled yet because the price bulls so rapidly from my perspective. Remember this is not financial advice please use your own analysis to do action in the market.
Short
by Wibawana
Understanding the Danger Zone of trading. They occur oftenPatience is key, but it's easier said than done. Many of us, myself included, have fallen into the trap of opening trades at the wrong time and in the wrong place, driven by impatience. A powerful way to avoid this mistake, especially in fast-moving markets, is to use the Gann Tool on higher time frames. The secret lies in identifying when the price is in the 'killzone'. When the price is here, it's a clear signal to step back and avoid taking trades. Stay patient, stay safe, and make sure you're trading when the conditions are in your favor. #TradingTips #GannAnalysis #MarketPatience #TradeSmart #KillzoneAvoidance #ForexStrategy #RiskManagement #TechnicalAnalysis #TraderMindset #PriceAction
by Blayno_MTOPS
BTCUSDT Up trend continuationBTCUSDT has shown signs of potential consolidation after a strong retest of the all-time high (ATH), evidenced by a long-tailed bar on the weekly timeframe, which suggests buyer hesitation at elevated levels. Although BTC has broken above key highs from September, August, and July on the monthly chart—generally a bullish indicator—a deeper pullback to the 66,000 support level (September high) could occur. This retest would serve to validate 66,000 as a solid support and provide a potential entry for buyers, likely reinforcing bullish sentiment for a continued upward move. Should BTC find support here, the next target would be the resistance zone around 72,700
Long
by RTED_Investing
Bearish Reversal or Bullish Continuation?Using a trendline on the close of the weekly candles we can see a clear breakout. While price has broken out of the downtrend line, price is facing residence exactly at the previous high and a giant bearish weekly candle is printing. I’m 50/50 right now. This weekly candle can be the beginning of a very ugly bear market, but at the same time we cannot neglect the fact that price has broken out of the downtrend and this may be a retrace for a retest on the weekly chart.
by Se7enSkies
Bitcoin Buy Signal: Exciting Entry Opportunity in the Correction🕒 Timeframe: 1-Hour 📉 Pattern Completed: Five-Wave Upward Pattern 🔄 Current Phase: Corrective Three-Wave Pattern with Wedge Breakdown 📊 Analysis Summary: In the 1-hour timeframe, Bitcoin has completed a five-wave upward pattern, indicating a strong bullish trend that has now transitioned into a correction phase. This three-wave corrective move, confirmed by a breakdown of the wedge pattern, often presents a profitable buying opportunity for those who anticipate a subsequent rally. 💰 Key Support Levels for Buy Entry: 📍 $74,400 — First strong support level where buyers may look for reversal signals 📍 $71,600 — Major support zone that could provide a more secure entry point These key levels have a high probability of igniting a reversal, potentially leading to a robust upward move. For traders looking to enter, these points offer attractive risk-to-reward setups. 📈 Forecast: Based on current technical patterns and market sentiment, Bitcoin has the potential to reach a new peak by the end of 2024. This market setup is a rare and valuable opportunity for those looking to capitalize on the anticipated bullish momentum. 🚀 Don't miss out on this exceptional opportunity to ride the next wave! 🌟
Long
by arzdigitalistha
BITCOIN Ending DiagonalBitcoin seems to be forming an ending diagonal structure, a pattern that typically signals the final phase of a larger trend before a reversal or correction. I am confident that this dip will be relatively shallow, as the broader market dynamics suggest strong underlying support. In this scenario, any pullbacks should be viewed as strategic buying opportunities for traders and investors. I anticipate that the price will retrace to the range of $73,500 to $72,000 , offering an ideal entry zone for those looking to capitalize on the next potential upward move.
by OnehundredBTC