BTC1! - HARD TO BUY AT THE TOP? - BUY AT THE RED LINE - WEEKLYBTC Future price is ranging at the top of his historical price range zone.
We feel that there is a potential for the price to just leave earth and go beyond easily and at the same time deception can occur with possibility to see the price squeeze down buyers before going in its potential historical run up to new highs.
This is when DCA or Entry could potentially be done at the RED LINE zone. Long Entry to not miss history!
Who still believe that it could go to zero? here fundamental analysis is necessary depending on how regulation is going to evolve in the next years....
BTCUSDK2025 trade ideas
btc 1! time 1 Dcheking btc waves in the neo Method
btc (irregular)
wave 3 continus
btc is currently in 2_ hour time frame load in abnormal contraction triangle .
it is expected that the minimum time similarity will happen at the same time as the previous rising wave .
logic
_self-defining
self-confirmation
:)
$BTC top could very well be inOpinion:
CRYPTOCAP:BTC is likely forming a short term top.
Top is March 14th.
We've posted that consolidation takes anywhere between 1-3 months on average.
1 month from top would be April 13th.
Coincidentally, it's where the end of the #BTC pattern would break.
Sell signs signs have been there, RSI & $ Flow have been cratering.
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Let's do another scenario.
Top = 3/14, 3 months from then puts it at 6/14. The #BTC pattern can last until 6/6/23 (ooo 666).
If #bitcoin is in a hard consolidation the pattern could last until July 15th, making it a 4 month consolidation.
The Bitcoin CME Futures Gap: A Potential Refill ZoneFour-Hour Bitcoin Chart Gap: A Potential Price Target, But Not a Guaranteed Reversal
The Bitcoin (BTC) 4-hour chart displays a gap between approximately $64,890 and $65,450. This gap represents a price jump from one 4-hour timeframe to the next, leaving a void where no trading occurred. Let's explore what the gap signifies and why it might (or might not) be a significant price target:
Gaps on Charts:
Gaps on charts can point to areas where the price moved swiftly, potentially due to important news or changes in market sentiment.
Filling the Gap:
Some technical analysts believe that gaps on charts, especially those on shorter timeframes like 4-hour charts, have a tendency to "fill" at some point in the future. This means the price might return to the gap area at least temporarily.
Target, Not Guarantee:
The gap around $64,890 could be considered a potential target price for some traders, based on the idea that the price might revisit that zone. However, it's important to remember that:
Gaps do not have to fill. There's no guarantee the price will return to the gap level.
Many factors influence price movements, and past performance doesn't guarantee future results.
Focus on Context:
Don't base trading decisions solely on the presence of a gap. Analyze the broader market context, including:
Current price trend
Technical indicators
News events and market sentiment
Conclusion:
The gap around $64,890 on the 4-hour Bitcoin chart is a technical level that some traders might be watching. While it could serve as a target, it's not a guaranteed price point. Conduct thorough research and employ a well-rounded strategy before making any investment decisions.
Bitcoin 1 hour chart CME Gap to be Filled.#Bitcoin 1 hour CME Gaps chart
Could not post this the other day was was away but Here you go
We created a CME Gap on 22 March
This is noe being Filled, as it must or the CME ( Chicago Mercantile Exchange CME) losses money on its Futures trading.
80% of the Time, GAPS get filled.
Set a limit Buy order at 63K and the chances are it will get filled.
So far, since 2021, every gap has been filled. End of.
Algorithms open mean-reversion Short positions in Bitcoin.Trading algorithms have initiated mean-reversion positions in Bitcoin through Futures and other structured derivatives.
Despite the clear bullish sentiment in the mid-term and long-term trends, we are observing indications of traditional Elliott Wave patterns in conjunction with a Relative Strength Index (RSI) touching 50 on the Daily chart, signaling a potential deceleration of the current trend.
In response to these observations, several trading algorithms are adopting Short positions as a mean-reversion strategy ahead of anticipated mid-term uptrends.
This proactive approach aims to capitalize on potential short-term fluctuations in Bitcoin's price while maintaining a broader strategy aligned with long-term bullish trends.
We continue to monitor market dynamics closely to optimize trading strategies accordingly.
Smart traders don't trade. They invest in a portfolio of trading systems. You can do that with our product, Copysystems, creating a free demo account here .
Bulltraps aboundIf you were looking for an in-depth analysis, this isn't one.
I'm not offering financial advise, and I 'm only sharing this for entertainment purposes.
I am not a licensed professional and this information shouldn't be misconstrued as any kind of exchange related to professional services. Period.
BTC1WEEK
PRICE: Pullbcak at current resistance, new all-time high at weekly candle close developing. Giving confirmation to the above, we can argue for the continuation of the bullish trend under the parameters of the monthly analysis.
RSI: In an overbought zone and looking for an all-time high, waiting for exhaustion indicators. (Divergence at the top, trend change).
MACD: reaching the maximum and showing exhaustion.
BTC1WEEKLY
PRICE: formation of a cup. Who will take us to our 4 objective. The price touches the current resistance zone, giving a valid argument for the bullish price movement. This weekly close will be important for the next movement before and after the halving. High volatility
124240 TARGET 4 cup and handle.
BTC - Is this a bull flag?If you are considering a trade, a common strategy would be to wait for a breakout from the consolidation pattern (the symmetrical triangle). A breakout to the upside could be seen as a continuation of the bullish trend, and a trader might enter a long position. Conversely, if the price breaks down below the triangle, it could signal a reversal or a correction, and a trader might take a short position or exit long positions. Stop losses are typically placed just outside the opposite side of the breakout to manage risk. NOT A FINANCIAL ADVICE. JUST FOR FUN
Bitcoin near 55k, ETH maximum DUMPHello investors and realistic crypto friends. In my chart I have drawn a rising wedge pattern and a bearish Gartley. Red line SL, targets in green. If Etherium takes part in this sell-off, it will fall sharply here. I would like to go into this in more detail on Monday.
BTC might now create a new all TIME HIGH before halving!!BTC need to complete its retracement and might bounce to CME gap after bullish in the past few days. Aside that a harmonic pattern shown, we have bought BULLISH OB in 4hrs and 1 day. We have also a bullish signals from other indicators. Lets see if this chart will play soon.
Your coins can motivate me to post more ideas soon ;-) This is my 1st post again this 2024 after a year of non-posting my chart. Need more motivation now.
Flag to 92,635..?TA looks to be pointing at 92,635 as the next target.
Caution! Keep an eye on 74,365 as we pass through it...the LTF consolidation may not be complete in the 63k - 74k range. There is a chance we may bounce in this range a little more.
If we fail to make / hold 92k-ish, then look for a strong drop imo.
At some point we will probably drop back and retest previous ATH, so the potential to print a large consolidation pattern from 70k - 93k is definitely there.