Get started

Bitcoin / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BTCUSDT trade ideas

BTC/USDT Analysis – Local Downtrend Hello everyone! This is the daily analysis from a trader-analyst at CryptoRobotics. Yesterday, contrary to expectations and the overall bullish context, we broke the local low and entered a phase of a local downtrend, within a broader uptrend. At the moment, despite buyer defense and weakening selling pressure, we should expect a test of the buyer zone below $104,200–$102,300 (slightly adjusted based on the daily timeframe), from which stronger buying is more likely to resume. A local resistance area has also formed during the decline at $106,800–$107,600 (aggressive selling volumes). Sell zone: $106,800–$107,600 (aggressive selling volumes) Buy zones: $104,200–$102,300 (accumulated volume) Around $100,000 (aggressive buying volumes) $98,000–$97,200 (local support) $93,000 $91,500–$90,000 (strong buying imbalance) This publication is not financial advice.
by Crypto_robotics
Bitcoin - Bearish double top or bullish cup and handle ?As CRYPTOCAP:BTC reached a new high, we got a clear double top setup unfolding. The question is now how this will unfold ? Honest answer : We can't know as price can unfold in many different patterns from here. For now , we have to respect the bearish double top setup and therefore remain bearish on this as long as price is below 109.600$ . BUT seen the somewhat good general market context for now and the potential for a surge in bitcoin demand, we have to be open to the possibility to turn bullish here when possible. A double top setup can easily turn into a cup and handle setup, that means we could see price consolidate some more before rising again. But for that to happen, we need price to hold some key support levels , which for now is the 20day EMA in green on my chart. IF the 20dEMA is broken, we can simply look for the 50dEMA in black as the next potential support zone. Also, from an Elliott Wave perspective, it's quite simple, if price move above the 78.6% Fibonacci retracement level, although not always, more often than not we see price go up to the 127.2% and 138.2% levels around 120K here. So, what can we do from here ? For the bulls ? Simple, stay out and only look for setups on key support as mentioned above, for now you can use the 20dEMA for a small long entry with a very tight stop. For bears ? Respect the short side as long as possible and use the support zones for profit taking and if support breaks look for new entries or to add to your positions if you want to be more aggressive.
by ElliottWaveBelgium
btcusd 15mThe chart you've shared is a 15-minute candlestick chart of Bitcoin (BTC) against Tether (USDT) on Binance, showing a descending trendline with multiple rejections and a support zone highlighted in red. Key Observations: 1. Descending Trendline: Price has been rejected from the trendline multiple times (indicated by orange circles and red arrow). Suggests a bearish pattern or selling pressure on every rally attempt. 2. Support Zone (Red Box): Strong buying interest around 104,800 – 105,000 level. Price has tested this zone a few times and bounced back. 3. Potential Scenarios (Illustrated): Bullish Scenario (Green Path): A breakout above the descending trendline may lead to a short-term upward move. Bearish Scenario (Black Arrow): Rejection at the trendline could result in another drop toward the red support zone, possibly breaking below it. Technical Implication: This setup resembles a descending triangle, typically a bearish continuation pattern. A breakdown below the red support zone could confirm this, leading to a stronger downward move. Conversely, a clean breakout above the trendline would invalidate the bearish setup and could shift sentiment. Let me know if you’d like help identifying entry/exit points, setting alerts, or understanding risk management for trading this setup.
Long
by Rich_trader01
Market Analysis Bitcoin (₿) Timeframe 4H📊 Market Analysis: Bitcoin (₿) 🕒 Timeframe: 4H BTC Market Update ✅ We 🤝 Predicted This Correction Before Anyone Else on the Market. Bitcoin Fallen from 109k to 104.6k, ₿ Bitcoin's recent uptrend has been broken, indicating a potential shift in market structure. 📉 🚨The next phase will be critical Market participants 👤 will be closely watching upcoming price action to determine whether this move signals a deeper correction 💼 or simply a temporary pullback🕯
by momentumwls
Bitcoin's Breakout Fizzles: Is a Major Reversal in Play...?Bitcoin Technical Analysis – In-Depth Breakdown Over the past two months, Bitcoin has exhibited a strong bullish trend, appreciating by approximately 51%. The sustained rally was primarily driven by bullish momentum, increased investor confidence, and broader market sentiment. Recently, Bitcoin broke through its all-time high (ATH) of 106,500, surging to a new peak near 112,000. However, this breakout was short-lived as the price failed to sustain above this level, indicating significant profit-taking activity by traders and long-term holders. This inability to hold the ATH region highlights a potential liquidity pocket where sell orders accumulate, resulting in a rejection wick and a subsequent reversal. From a Technical perspective: The price has now fallen back below 106,500, turning this key level into a major resistance zone. Historically, once a strong resistance level (like an ATH) is breached and subsequently reclaimed, it often acts as a formidable barrier to upward price movement unless there’s renewed bullish momentum. Additionally, Bitcoin has broken its ascending trendline (drawn from the lows of the uptrend) and has already retested this trendline from below. The retest was successful in confirming the breakdown, which further strengthens the bearish bias. The price structure is now forming a potential lower high pattern near the 106,500 resistance. This could signal a shift in market sentiment from bullish continuation to consolidation or correction. In terms of market psychology, the all-time high region represents a crucial psychological barrier. Traders and investors often exhibit heightened caution near such levels. Many choose to lock in profits due to fear of a double top or a false breakout. This behavior can create increased volatility, especially when combined with institutional and retail order flows. Trading Strategy and Risk Management Given the technical breakdown and the psychological factors at play: ✅ A short position can be considered, particularly around the 106,500 resistance, with confirmation from the trendline retest. ✅ However, exercise caution due to the high volatility typically observed near ATH levels. Whipsaws and fakeouts are common as both bulls and bears battle for control. ✅ Avoid high-leverage positions unless you have a strict stop-loss in place. Ideally, place the stop-loss just above the 106,500 - 107,000 zone, where a decisive breakout would invalidate the short setup. ✅ For profit targets, initial supports are seen around 100,000 - 98,000, and a deeper correction could test the 94,000 - 92,000 zone. ✅ Wait for clear confirmation, such as a strong bearish candle on the retest of the resistance, before entering the trade.
Short
by Kartik_Elkunchwar
2025.05.30 BITCOIN LONGWe are the SeoVereign Trading Team. With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum. 🔔 Follow us to never miss a market update. At present, the 1.902 Crab pattern has been clearly completed on the chart, and it is therefore a point where entering a long position can be considered. This pattern suggests a strong rebound potential within the PRZ (Potential Reversal Zone), and particularly, the fact that point D in the X-A-B-C-D structure precisely aligns with the 1.902 Fibonacci ratio increases its reliability. This serves as an important signal that indicates the possibility of buying pressure inflow in an oversold zone. Assuming the validity of this Crab pattern, three major take-profit targets can be established based on Fibonacci extension and Elliott Wave counting. First Target: 106611 This zone overlaps with the 38.2% Fibonacci retracement level of the previous downward wave, and if a short-term rebound occurs, it is likely to act as the first resistance. It is a price level where partial profit-taking can be considered for the sake of avoiding quick stop-outs and for risk management. Second Target: 107123 The second target corresponds to the average retracement level that the Crab pattern typically reaches. It also converges with the previous high, where relatively strong selling pressure may appear. Therefore, a strategy of taking profits on approximately 50–70% of the position is valid. Third Target: 107600 The final target can be seen as the maximum expected zone of an extended rebound from a structural standpoint. This area may coincide with a momentum zone formed upon breaking the previous high. However, as this is a zone where strong selling pressure can occur, close monitoring and the application of a trailing stop are recommended. In addition to technical analysis, it is important to confirm the validity of the entry by examining candlestick patterns and volume trends. Especially, the appearance of strong reversal candlesticks and rising volume at point D can further enhance the credibility of the buy signal.
Long
by SeoVereign
Bitcoin Wave Analysis – 29 May 2025 - Bitcoin broke daily up channel - Likely to fall to support level 105000.00 Bitcoin cryptocurrency recently broke the support trendline of the sharp daily up channel from the start of April intersecting with the 50% Fibonacci correction of the upward impulse from the middle of May. The breakout of this up channel stopped the previous impulse wave 5 of the extended upward impulse wave (3) from April. Bitcoin cryptocurrency can be expected to fall to the next support level 105,000.00, the breakout of which can lead to further losses toward 102150,00 (low of the previous minor correction 4).
Short
by FxProGlobal
BTCUSDT – Risk of trend break, bearish signs emergingBTCUSDT is trading right at the lower boundary of its ascending channel, around the 108,800 mark. After several bounces from this trendline, price action now appears to be stalling—indicating that buying pressure is weakening. If the price breaks below the 107,500–106,500 support zone (marked by the 34 EMA and recent swing low), the short-term uptrend could be invalidated. A confirmed break below 106,500 could trigger a further correction toward the 89 EMA around 102,800. On the news front: Latest data shows Bitcoin’s dominance is slightly decreasing as capital rotates back into altcoins. Additionally, market uncertainty surrounding the Fed's monetary policy outlook is making investors more cautious about riskier assets like crypto.
Short
by Rocky_trade_
BTCUSD UPDATE 29 5 2025This chart is a 30-minute candlestick chart for Bitcoin/USDT (BTC/USDT) on Binance, published by Mr_Zakrii. Here's a detailed breakdown: --- Chart Details and Analysis 1. Asset & Timeframe: Asset: Bitcoin (BTC) / Tether (USDT) Exchange: Binance Timeframe: 30-minute candles 2. Current Price: Price at snapshot: ~108,420.51 USDT The price is shown moving upwards toward a resistance area. 3. Key Zones: Resistance Zone (Top Yellow Box): ~108,900 – 108,950 USDT Minor Resistance Zone (Middle Yellow Box): ~108,400 – 108,500 USDT Support Zone (Bottom Yellow Box): ~106,900 – 107,000 USDT 4. Trading Setup (Illustrated by Blue Arrows): A short (sell) position is being suggested: Entry: Around 108,420.51 USDT Stop-loss: ~108,902.64 – 108,953.21 USDT Take-profit: ~106,930.77 USDT The setup aims to capitalize on a reversal from the resistance zone, expecting the price to reject and drop toward the previous support. 5. Risk-Reward Visualization: Red Box: Represents the stop-loss zone (risk) Green Box: Represents the take-profit zone (reward) This indicates a favorable risk-to-reward ratio, assuming price respects resistance. 6. Market Sentiment: The price has recently surged with strong green candles and volume. The chart suggests potential exhaustion or resistance at current levels. 7. Additional Indicators: News/Economic Event Marker (Purple Icon): Indicates a possible upcoming event which could add volatility. Volume: Noticeable increase in buying volume during the upward move, which may suggest momentum, but also a potential blow-off if rejected. --- Conclusion: The chart anticipates a short-term bearish reversal from the 108,400–108,900 resistance area down to the 106,900 support zone. The trade setup is based on price action and zone rejection. It's a technical sell setup, likely based on supply zones and momentum exhaustion. Would you like help evaluating the risk/reward further, or how this setup aligns with broader Bitcoin market trends or news?
Short
by Mr_Zakrii