BTC DOUBLE TOP NECKLINE & CME GAPBTC may go to Neckline of Double top and fills CME GAP there, or may dump directly to lower CME GAP
BTCUSDT trade ideas
BTC may Go to Double Top Neckline An fIll CME GAPGot Reaction From Imbalance, Now this Zone is acting as Support, BTC may go to Fill CME GAP and after that may dump, Now the Question is which CME gap will be filled first?
BTC/USDT chart shows a Round Top (or Distribution) patternPattern Breakdown
Formation:
The chart displays a rounding top shape, where BTC price gradually increased, peaked, and then started declining.
The red shaded area represents the curved top, confirming a distribution phase.
Key Levels:
Peak: Around $110,000 (approx.).
Neckline/Support: ~$90,000, which was broken to the downside.
Measured Move: The expected drop is roughly equal to the height of the rounding top, which was around $21,300.
Breakdown & Target:
The price has broken below the $90,000 support level, confirming the pattern.
The expected price target based on the pattern is around $70,000, calculated using the height of the round top.
Additional Observations
Volume: There is an increase in volume at the breakdown point, which validates the bearish move.
Momentum: If BTC fails to reclaim $90,000, it may continue downward.
Conclusion
The chart signals a bearish trend continuation after breaking the neckline.
BTC could drop towards $70,000 unless buyers step in to regain momentum.
If BTC reclaims $90,000, the bearish scenario could be invalidated
Bitcoin and altcoin overview (February 27-28)Yesterday, Bitcoin broke through the buyer’s zone of $89,000–$86,300 (accumulated volumes), and the main scenario now is the continuation of the downward movement.
At the moment, we are testing this zone from the opposite side. If a reaction occurs, we consider a short; if there is no reaction, Bitcoin is likely to return to the global sideways range.
Sell Zones:
$107,000–$109,000 (volume anomalies).
$97,500-$98,400 (aggressive selling volumes).
$95,000-$96,700 (accumulated volumes).
$91,300-$92,600 (accumulated volumes).
$86,700-$89,600 (mirror zone, volume anomalies).
Buy Zones:
$77,000-$73,000 (volume anomalies, aggressive buying volumes).
Interesting Altcoins
For one of the coins we analyzed yesterday, AVAAI , we almost reached the volume zone of $0.053-$0.049 and instead formed a new volume zone at $0.0567-$0.0545, increasing the chances of a full-fledged long movement.
Considering one of the scenarios marked on the chart:
Sell Momentum Check my Previous analysis on bitcoin Habibi told you that this will happen.A little bit late buy perfect thats the power of analysis and knowledge.f0llow for more thanks
Btc not find and resistance still now dump mor to except 80000 kBitcoin (BTC) has recently experienced a significant decline, falling below the $86,000 mark. This downturn has been influenced by various factors, including geopolitical tensions and market volatility. Notably, President Trump's recent tariff policies have contributed to a bearish sentiment in the cryptocurrency market.
Technical analysis indicates that Bitcoin has breached key support levels, with the next potential support zone identified between $72,000 and $74,000. For a bullish reversal, the price would need to reclaim the $89,000 to $90,000 range. Additionally, a double-top pattern has formed on the daily chart, suggesting potential for further downside if the current trend continues.
It's important to note that market conditions are highly dynamic, and cryptocurrency prices can be influenced by a multitude of factors. Investors should exercise caution and stay informed about both technical indicators and broader market developments.
Please 🙏 stay away from long trade still you can add stop lose also but please only use 2 percentage of your portfolio. Every person is responsible for their own trade. I am not responsible for anyone's trade. Thank you.
BTCUSD 109K INCOMING BUY NOW!!!!!!!!!!BTCUSD dropped down to the sell side liquidity with a liquidity sweep completing the falling wedge pattern point of buys am looking forward to see price retrace and push back up to to sweep all liquidity above and maintain stability till price arrives at 109k
JOIN AND ENJOY
Short BTCSo far as BTC continues to trade below 88,500.0, I will continue looking for entries to the downside. Some say go long on BTC with no reason for entry or a specific entry price. I will consider going long when BTC starts trading above 88,500.0
Are we building a possible Super-Cycle & leave the 4-year cycleChart shows comparison to the last two cycles which have been scaled to match this cycle.
With all the differences this cycle has offered, the early run before the halving, the long drawn out mini bear market retracements, but yet all the bullish news for Bitcoin and Crypto from here on out in the U.S.A, might we not experience a traditional bear market and instead play out a Super Cycle instead? It seems to me like this is, or could be playing out like the beginning of a Super Cycle. A move that takes Bitcoin into the millions. Just the same large parabolic run, similar when you zoom out and view the traditional Dow/S&P Stock Market as a whole since the 1980s. I suppose the absence of a deep and long bear market could be another clue that indicates this theory, until then it's just a theory and time will tell all....
75k is INEVITABLE.I published my idea on BINANCE:BTCUSDT how it is forming Double Top pattern and indicators are making divergences in late January. Since BTC hit our first take profit point we might expect little bit of pullbacks and see if it is gonna react to 91k area, but Volume is not looking good that means we might see red candles all the way to 75k area. 75k area was major resistance zone which would work as support this time.
BTC - PUNCH to 95k or 78k?Well 80k looks good but now if it dances through, it goes like ballerina to fall and direct fall is the purple ones!
More downside coming, target $73,000More downside coming, target $73,000
I think there was more downward pressure and then a meteoric rise.
Next leg up? Gap just filledThere were a huge liquidity gap around 80k that just got filled. market is ready for another bull run.
Strong bearishness and strong rise starts from here, it has the Strong bearishness and strong rise starts from here, it has the
BTC UPThe price of Bitcoin has dropped to $84,676.29, reflecting a 4.52% decline. The chart highlights a sharp downward trend followed by potential recovery, indicated by two upward arrows.
Key levels marked include a resistance zone around $89,460 and a higher potential target near $94,000. The volume bars at the bottom show trading activity, while the right panel lists other market assets and their percentage changes. A news alert at the bottom mentions Bitcoin falling below $84K for the first time in three months.
The analysis suggests a possible bounce back towards resistance levels, but market conditions remain volatile.
BTCUSD READY FOR DIP TO 73909 LEVEL BTCUSD : I am apply the newtrow 3 law i.e. action = reaction , in the BTCUSD NOW its ready to down side move key level is 73909 and current resistance is 97732. on any pull back good short trade open ...
@ royalhero
Long BTC NOW! Sharp move expected 96K by Feb 27thSharp move upwards expected from BTCUSDT upto 96K.
Close the trade if it hits a new low or if it does not hit 96k by the end of Feb 27th.
BTC down down....Our rare special sell signal has sent btc down, btc continuously making HL and LL's on every possible time frame we expect another drop till 70. Stop loss above the HH of our red dot.
DYOR
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BTC where is the bottom?BTC where is the bottom? We just bounced at 86k which was the 1.26 of the current local fib. However, there is nothing else there except the Daily 200EMA. I think we go lower to S3 level for a liquidity grab before bouncing.
BTC LONGbtc has a good reaction to this level . So the 3 wave of bitcoin movment will be happen now . 85000 is end of the down trend. Buy the dip 😀
Is the decline of #BTC over? 📊 Is the decline of #BTC over? 💬
🧠From a structural point of view, we started to rebound after hitting the support area of 84000-86000, and successfully broke through the downward trend line, which means that the downward trend at the 1-hour level has ended, and we need to be alert to the risk of rebound.
➡️From a graphical point of view, an ascending wedge is constructed here. Generally, we will fall according to this model. Therefore, if you want to participate in new long transactions, you need to wait patiently for the price to return to the vicinity of the downward trend line or return to the vicinity of the yellow support area.
⚠️Note that the larger level of downside risk has not been eliminated. We still need to maintain a cautious attitude and focus on shock trading.
Let's take a look👀
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BITGET:BTCUSDT.P
