BTC range rotation? BTC closed below the Value Area High (VAH) of the range, suggesting that the next likely move could be towards the Point of Control (POC) at 66-67k and the VAH of the range at 60k+. Will we see a range rotation?
BULLUSD trade ideas
BTCUSD weekend trade.Hi traders this is my trading I dea for BTCUSD this weekend however market is moving slowly weekend but as you can see we just hit support after a strong pull back,does this means market is crashing no,market doesn't move in one direction eventhough is trending up,the only things that you need to know as a trader,is to know when to buy n to sell exactly by the right time,however market when it hit support or resistance it doesn't just turn n goo Immediately,it moves accordingly,this is how the system works,soo you just need to work on yourself n how you handle the situations.
BTCUSD LONGBTCUSD is still trading in an upper range, with my analysis i expect more move to the upside.
btc cup and handle BTC will retest 73,5k ATH then will go doen to form the handle to 58k area then new ATh tp 83,5k then massive crash
Bitcoin broken uptrendline and now sitting at supportBitcoin broken uptrendline and now sitting at support.
BTCUSD BE SAFEPlease don't follow the hype train if you do not, I repeat DO NOT have money to lose do not take the risk, wait for a better entry point. You will risk it all zoom out and understand what you are getting yourself into. You can look easily look up chart patterns on google or bing or whatever. Do not risk it all take your profits now and wait for an obvious breakout weather its bullish or bearish. Just be patient and have discipline there are plenty of other cryptos that are moving where you can make some money. If you look up chart patterns on google, you will see that BTC is forming or formed a Bearish Rising Wedge. It will most likely go down from here even further. At least on the Daily chart. Again, not financial advice I am no expert or a professional just a simple observation.
A prediction going into the NOV 5th ElectionThere are multiple resistance levels to overcome, but once broken, its off to the races
Bitcoin Short-Term Fractal vs. Sep 30, 2023I believe Bitcoin has found its base bottom at $50K. However, it will take a lot of time to develop an uptrend after the 6-month long consolidation. The next price action can be compared with the bottom forming around September 30, 2023. Tomorrow, a FED rate cut could be a catalyst for Bitcoin to surge.
BITCOIN Risky Long! Buy!
Hello,Traders!
BITCOIN is making a retest
Of the falling support line
While trading in an uptrend
So we are bullish biased
And we will be expecting
A further move up
Buy!
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BTC update (bullish)BTC is now ranging in a bullish consolidation above key levels. I have added what I see to be a new horizonal channel, these are much more reliable than diagonals . The blue moving average is a key touch zone and should slowly move to trend. This stochastic slowing is important for cycle continuation, if you look at the monthly chart the reset is helpful. We are right there, all time highs are within reach. Statistically during an election year and halving year, BTC finds the November low within the first few days, we may have already seen it. I am only bearish on a weekly candle body closure back into the long term broadening wedge.
Setup:
Selling puts on coin,Bitx,mstr or any miners is likely to print in the coming weeks
Long term call buys are likely great too and LEAPS
I want to see the purple momentum trend line tested around 80k
Bitcoin going to 200KHere's an analysis of the BTC/USD (Bitcoin vs. U.S. Dollar) chart based on price action strategy:
1. Trend Analysis:
The chart shows a strong bullish trend over the medium term, indicated by the series of higher highs (HH) and higher lows (HL).
Recently, however, there have been some signs of consolidation as the price has struggled to break past the resistance around $73,500.
2. Market Structure and Key Levels:
Break of Structure (BOS): There are multiple BOS markers, indicating points where the price continued in the prevailing direction after significant pullbacks. This reinforces the bullish trend, as each BOS marks a higher price level.
Change of Character (CHoCH): CHoCH markers show shifts in the market's short-term direction. There are signs of both bullish and bearish CHoCH, which indicate potential reversal zones or shifts in momentum.
3. Support and Resistance Zones:
Resistance Level: The area around $73,500 has acted as a strong resistance, with multiple rejections. A breakout above this level could signal further bullish momentum.
Support Levels: Key support areas are around $64,800 and $62,000. These levels previously acted as resistance and were flipped to support, which adds to their significance. A break below $62,000 would suggest a potential bearish shift.
4. Liquidity Zones:
There are liquidity pools below recent higher lows around $64,800, where buy orders may be concentrated. These areas often attract price movements, especially in corrective phases.
5. Current Price Action and Bias:
Price is currently consolidating near the $73,500 resistance, showing signs of indecision.
Bullish Bias: If BTC/USD can break above $73,500 with strong volume, it would indicate a continuation of the bullish trend, potentially targeting new highs.
Bearish Scenario: If the price fails to break above $73,500 and instead breaks below $64,800, this could suggest a deeper retracement toward $62,000 or even lower levels, like $49,500.
6. Potential Trade Ideas:
Long Position: Enter on a confirmed breakout above $73,500, targeting the next psychological levels (e.g., $80,000), with a stop just below the breakout zone.
Short Position: If price rejects $73,500 and breaks below $64,800, look for a short position targeting $62,000 with a stop above recent highs.
Summary
The BTC/USD market is bullish but approaching a critical resistance. A breakout above $73,500 favors further bullish movement, while a rejection could lead to a consolidation or correction phase.
Saturday 2nd November = Short Term AnalysisTrade at your own risk, and apply your own methodology.
I dont trade crypto or follow Crypto news, My technical analysis is just for fun & to practice.
BTC buy dips TP 70 000 USD Octoberfest🔸Hello traders, today let's review 3 hour price chart for BTCUSD . Bitcoin trading sideways over last 7 months with extremely low volatility. Having said that, low vol always precedes high vol periods, therefore it makes sense to prepare for the new BTC move in advance.
🔸BTC stop loss clusters located at 71 000 usd / 73 000 usd / 76 000 usd.
Expecting bulls to trigger stop sweeps near overhead SL clusters.
Therefore expecting more gains in this market in October.
October is also a decent months for BTC bulls based on recent data.
🔸Recommended strategy bulls: wait for pullback to complete near 59 000 / 60 000 usd and confirm reversal signal with RSI/price div on 3 hour chart and/or use any other systems/indicators to confirm reversal. BUY low close to 60 000 usd, stops fixed at 57 500 USD, TP1 bulls is 65 000 USD TP2 bulls is 70 000 USD, 15% upside in this trade setup without leverage. break below 57 500 usd invalidates bullish outlook. good luck traders!
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Always limit your leverage and use tight stop loss.
BTC 4hr LongBTC
✅MARKET ORDER✅
💰ENTRY: 66633.3
💰STOP LOSS: 65132.2
⏰TP1: 68162.3
⏰TP2: 69589.3
⏰TP3: 71132.8
BTC has met my criteria on the Daily time frame by pulling back and correcting into the 10/20 EMAs.
Scaling down to the 4hr time frame price has made a nice 123 Advanced Engulfing candle above the 50ema.
BTCwe are currently at all time high and we can see a possible third touch of the trendline but a fakeout which look possible have occurred a break of the ctl i would be selling btc
October 30 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Bitcoin 30-minute chart.
There will be a NASDAQ indicator announcement at 9:30 in a little while.
As the short-term pattern has been broken so far,
I think the bullish train today will stay for a while.
Overall, the strategy was carried out as a downward sideways movement,
and if you look closely, there is a bullish train that will depart after tomorrow hidden in the strategy.
*When the blue finger moves,
It is a short position strategy.
To be exact, it is a short->long switching strategy.
1. 71563.5 dollars long position entry section / stop loss price when purple support line is broken
(Since the rebound has already touched the 2-hour chart center line while writing the analysis,
there is a possibility that the rebound will not occur,
so do not aim for a long position, and check whether it reaches the current position of the pink resistance line or section 1 until 10:30 when the market opens,
and you can operate it focusing on short positions.)
2. 72073.5 dollars short position switching / stop loss price when orange resistance line is broken
(After chasing the current position, check whether the pink resistance line is broken,
and operate it as stop loss price when the final orange resistance line is broken)
3. 70283.5 dollars long position switching / stop loss price when green support line is broken
2, 3-hour chart MACD dead cross in progress
Because it touched the 2-hour chart center line of Bollinger Band
Today It is judged that a strong rise or surge is difficult.
In the current position,
In case of breaking through the pink resistance line, please take a short position at 1.
Please note that it may touch 71.5K at the bottom and continue to be pushed.
The movement within the orange resistance line / purple support line is a sideways movement.
In any case, if the green support line is not broken today,
There is a possibility that it will continue to rise.
Those who have been with us for a long time
Can you roughly see where the bullish train is?
Depending on today's movement, the final entry point tomorrow may change,
Please note and I hope you operate well in real time.
Up to this point, please use my analysis articles only for reference and use,
I hope you operate safely with principle trading and stop loss prices.
Thank you.
BTC POSSIBLE NEXT MOVE !With some delay on the time BTC finally decided to come down, it eventually did what we thought, came back to lower KL ;
but with the previous days' big spike up and down, it is now a perfect time for the price to "de-correct" and come back to the 75Ks, before coming back down ;
for now and the newt few weeks, it seems really tough to break 78/79K, probably next year.
10/31/2024. BTCUSD daily chartBTC just hit daily target. It needs to hold this level and continue to next target level (white dots), or it will retrace to buy/sell line area.
BTC 4 Seasons CycleWhat I came up with is that in the bullphase Bitcoin tops out in Winter/Spring 🟦/🟩
Last cycle we had a double top but you would only miss out on 4-8% while saving yourself the headache of a 50% drop in summer 🟥
In the bearphase we bottom usually in Fall/Winter 🟧/🟦
I dont know how people can call for 48-55k or something else it would take us another year then until Winter to get back up and top out and to drop in 4-6 Months in Summer to the bottom its not usual for Bitcoin to do that.
It takes Bitcoin around 350 to 400 Days to hit the bottom you can see it in the picture below
$btc long we retested falling channel breakout zone , btc 69400 support holding well here , entries and exists in chart . lets see if we break All time high
BTCUSD sentiment we have HTF low taken while retesting a daily IMB, we have displacement to the up side we either enter of the breaker stops at the low target -2 on the standard deviation or enter of the o.62 optimal entry stops at the low and target a 1:2RRR.
BTCUSD breaks through long -term decreases: growth opportunitiesBTCUSD has just broken long -term decreases, showing new growth potential.
If the price is supported around $ 66,300, the next goal may be a new ATH search at the peak of $ 74,000.
Strategy: Buy when the price is on $ 66,300, profit at $ 75,000 or more.
Bitcoin Daily Chart -Indicates selling, it needs to rocket soon
Bitcoin BTCUSD since arriving back up at the triple-top high zone and it would seem is preparing to launch a breakout of its price to all new higher-highs and higher lows, but perhaps Bitcoin's consolidation and a lack of higher prices the past couple of days this week, is starting to make BTCUSD look a bit weaker for a Short opportunity.
No I don't think the Bitcoin price is going down with a huge sell margin, no price is simply in the 'squeeze' right now and we will see a gradual downward drift in price as consolidating price action occurs, and to a key support level or demand block, buyers will step-in at reduced Bitcoin prices and they will take advantage of a price that Bitcoin is likely to never revisit ever again.
