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BTCUSDT trade ideas

Potential RetestAccording to 2H RSI bearish divergence, it is likely that we may see a retest to 73k. Sometimes bearish divergences don’t work on the RSI like the textbook examples we’re used to, but in this case a healthy pullback is needed for the vast majority of short term traders to open up their longs. For now my next target is around 73k. It is also important to mention that if price does not find support around the red area and price breaks down, then we’re back to the danger zone. Important level to keep track of.
by Se7enSkies
3
BTC/USD : To The Moon ? (READ THE CAPTION)By analyzing the #Bitcoin chart in the weekly timeframe, we can see that after our last analysis, Bitcoin rose over 10%, climbing from $66,500 to $73,600, now within just $100 of its all-time high. Following this move, Bitcoin saw a slight correction down to $72,000, and I still expect the previous high to be broken soon, with Bitcoin reaching higher levels. The next bullish targets are $77,000, $81,700, and $93,800. 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
3
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 You
by behdark
BTCUSDT 1H Falling wedgePossible long trade on 1 hour chart forms Falling wedge pattern. The 1-hour Bitcoin chart shows a Falling wedge, indicating a short-term downtrend. However, a bullish divergence in the RSI suggests weakening selling pressure and a potential trend reversal. The price is near a support zone, making a potential long entry appealing, especially if there is a breakout above the upper trendline of the Falling wedge. A target could be set around 71,344, with an appropriate stop-loss placed below the support to limit risk. Waiting for confirmation of the breakout is advised to validate the long signal. If you found this analysis helpful, please SUBSCRIBE ✍️ and SHARE🙏 Good look! 🚀
Long
by crypt0AP
Bitcoin's Fate: Harris or Trump? / 19Days left for BTCBINANCE:BTCUSDT COINBASE:BTCUSD Hello Traders. With the 2024 election around the corner, Bitcoin's future is uncertain. If Kamala Harris wins, expect tougher regulations, potentially slowing down crypto growth. Meanwhile, a Trump win could bring a looser regulatory stance, possibly spurring Bitcoin's rise despite his personal dislike for it. As the U.S. prepares to choose its next leader, Bitcoin investors are left wondering: which path will shape crypto's destiny? 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. Also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 74,320 80,750 89,423 🔴SL: 54,384 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
7
BIG SHORT ENTRY at $80k down to $57k TargetAt last, we've reached the Upthrust (UT) in the Wyckoff distribution phase. The short entry target is set at $80k, exit at $57k (approx 30%), with expectations of turbulent price movements for at east a week. In reflection of previous timings, I was 2 months out on timing (expected in September) but this is a 2 year process so I expect adjustments along the way. Phase B. During this phase, institutions accumulate shares at lower prices, preparing for an eventual markup. This process can take a year or more, involving both buying shares and short sales to control price increases. Phase B often includes multiple secondary tests (STs) and upthrusts near the top of the trading range (TR). Overall, major players aim to acquire as much of the available supply as possible. End-to-end, the whole distribution phase should last at least another 10 months until Stage E. Best, Hard Forky
Short
by hardforky
Bitcoin to 100k this year?Hey guyys! So Trump won the election and we have new BTC ATH! And I think we all wondering where we can go now? Let's check the chart and daily we have bullish MA cross, huge volume on this election day. But, another day volume is not pretty nice and looks like more manipulative movement. So I think if we will stay long at the ATH level without moving up with descending volumes, we could potentially see some correction. If we stay above 69k, most likely after this short correction we can go up, if we're not holding this level we can go to 59-63k level. Cause real rally for me, will happen in 2025. What's your ideas, guys? Let's discuss in the comments? Are we going to 100k this year or only in 2025?
by SheTradesHub
1