Analysis on BTCUSDT according to trend and fibonacci retracementThe market was respecting the trend line again and again...Just made an analysis out. watch the video <3 -Asif Hassan Risan 9 september,202404:00by Asif_Hassan_Risan3
Bearish flag printing on the charts still holding my short see BTC 48K target whit 1HTF bearish flag printing BINANCE:BTCUSDT.P Shortby Dutch_Crypto_King19821
Buy Bitcoin cos it's unlikely to dip below 52KGreetings, Among crypto traders, there is always a saying called "Uptober". You might be wondering, is it a bit too early to buy Bitcoin considering it's still early in the September? Well, check the institutional buying pressure from 50K to 53K, it's pretty unlikely Bitcoin will dip bellow 52K. While the macro economy embracing a soft landing, Bitcoin is destined to outperform S&P 500. In other words, money will pull out from the stock market and flow into bonds and crypto. The strategy is simple, Buy bitcoin now and sell around the end of November. The probability to take profit around Nov 28th is very attractive. Happy trading!Longby Coinnun0
BITCOIN / USDT PAIR ON BINANCE (TECHNICAL ANALYSIS+TRADE PLAN)Technical Analysis of the Chart by Blaž Fabjan: Descending Trading Channel: BTC is trading within a descending channel, showing lower highs and lower lows, which typically signals a downtrend. However, it is nearing the bottom of the channel, often a zone for potential reversal. Support and Resistance Zones: Support: The two orange zones indicate strong support areas around $51,000 and $50,000. BTC may find buying pressure in these regions, especially as it touches the lower bound of the descending channel. Resistance: The current resistance area is around $55,000. BTC will need to break through this level to confirm a trend reversal. Indicators: RSI (Relative Strength Index): RSI is currently around 55, indicating a neutral trend. However, it is slightly moving upwards, suggesting potential bullish momentum, though not overbought yet. Stochastic Oscillator: This is showing a crossover at 74, indicating upward momentum, but it’s close to the overbought region. This may signal some resistance to immediate bullish continuation. VMC Cipher B Divergences: This indicator is showing bullish divergences at several points, signaling potential reversal zones. Divergence with price action suggests a potential trend change in the near term. Trading Plans: 1. Intraday Trading Plan: Strategy: Trade within the current channel. Watch for a breakout from the descending channel, especially on the 1-hour chart. A breakout above the $55,000 level could confirm a short-term bullish move. Look for pullbacks towards the $53,500-$54,000 region to enter long positions, targeting $55,500. Place a stop loss just below $53,000 to protect against fake breakouts. Indicators to Watch: RSI trending above 60. Stochastic Oscillator maintaining bullish momentum. 2. Scalping Strategy: Strategy: Focus on small price fluctuations within the support and resistance zones. Look for quick entries near the support zones (around $53,500) and exits before it hits resistance ($55,000). Scalping in tight time frames (5 to 15 minutes) around these price levels. Key Levels: Enter around $53,500 and exit at $54,500. Place tight stop-loss orders around $53,000 to manage risk. 3. Swing Trading Strategy: Strategy: If BTC continues trading within this descending channel, wait for a breakout confirmation to take a long position. A breakout above the channel and $55,500 would signal a strong move upwards, potentially to $58,000 or higher. Enter long positions if BTC breaks and holds above the $55,500 resistance level, targeting $58,000 and beyond. In case of a further dip, enter long positions around $50,000 support, which appears to be a strong reversal point. Stop Loss: Below $50,000. Conclusion and Long Position Advice: Near-Term (Intraday): BTC could break above the descending channel, leading to a short-term bullish move towards $55,500. Watch closely for a breakout confirmation. You could consider entering long positions on pullbacks or a confirmed breakout. Medium-Term (Swing Trading): A solid break of the $55,500 resistance could lead to a potential rally towards $58,000. Be cautious of potential false breakouts and place stop-losses below support levels. Scalping: For those aiming for quicker profits, you can take advantage of price fluctuations within the $53,500-$55,000 range. Overall, the chart shows signs of a potential bullish reversal, especially if BTC breaks out of the descending channel. For now, conservative traders may wait for a breakout confirmation before entering long positions. However, aggressive traders can consider buying near support levels, keeping in mind the risk of downward movement in case of failure to break resistance. Longby elfabiiani1
BTC Price Prediction and Elliott Wave AnalysisHello friends, Thank you for joining me in my analysis. I made a slightly adjustment to my white counting after deeply analysis. After watching my Y T v i d, Remember to like, subscribe, active the B e l l to get any newer V i d and stay tuned for more updates. See you soon! Thanks, Brosby MASCryptoAna2
SteadyCompound Note 09.09.24analysis - price is still relatively "high" at +50k range but consolidation is prolonged hence all STF technical are all ready under water turning bearish - only weekly now at the touch for EMA, which can be a support for a bounce i.e it either bounce here for relieve, otherwise if broken, that's one of the worst scenario. so decision point is near, with liquidity problem, hand on there (currently similar to HTF of 2021) - however, on LTF, price is weak under water. silver lining is Daily time frame is testing support with higher low (reminder low was 49k, a test around low under 55k is understandably expected) strategy is - hold on to position based on weekly time frame - watch out for daily, do I want to scalp around ETH (ETH is very very weak under consideration that ETH is live), SOL turn out to be much better alternative with price holding +$125, whereas ETH is already 30% down from $3300 to $2300. A scalp from ETH to SOL at range low is prudent or not ? - blessing in disguise with own fund. let's just wait. think from another perpspective of already secured land/deal. take the time - if price crash, which break low 49k, then need serious reconsideration of both trading/investment plan and use of fund plan (but it may take time because price is still around $55k and mkt is slow)by SteadyCompound0
Market DirectionThe "Market Direction" indicator combines four advanced sub-indicators to provide a comprehensive and multi-dimensional analysis of market trends, momentum, and potential reversals. This innovative approach leverages different aspects of price action, volume, and market sentiment, offering traders an in-depth view of market conditions. 1. Fractal Indicator: Multi-Scale Price Action Analysis The Fractal Indicator identifies significant highs and lows over six different pivot lengths, offering a nuanced view of price action across multiple timeframes. By comparing distances from current closing prices to these key fractal points, the indicator determines potential trend reversals and market direction. This approach enables traders to adapt their strategies to various market conditions, capturing both short-term fluctuations and long-term trends. 2. Volume MACD Indicator: Enhanced Market Momentum The Volume MACD Indicator goes beyond traditional MACD analysis by incorporating volume-weighted movement and the structural attributes of candlesticks (such as body length and wicks). This hybrid model offers a more comprehensive understanding of market momentum by integrating both price action and trading volume. The use of Smoothed Moving Averages (SMMA) reduces noise and ensures more stable signals, helping traders focus on sustainable trends and longer-term investment opportunities. 3. Cumulative Volume Momentum Indicator: Volume Dynamics Insight The Cumulative Volume Momentum Indicator evaluates the momentum of cumulative buying and selling volumes, offering a clear picture of market strength and potential reversals. By comparing the relationship between open, close, high, and low prices, and applying a MACD approach to these volume dynamics, this indicator helps traders identify momentum shifts that often precede price movements. The visualization through histograms adds clarity to bullish and bearish volume momentum, enhancing decision-making in volatile markets. 4. POC-Price Momentum Indicator: Market Depth and Sentiment The POC-Price Momentum Indicator assesses the difference between the Point of Control (POC) and closing prices, providing insights into underlying market sentiment. Positive differences indicate a buildup of upward momentum, while negative differences suggest a bearish tilt. By calculating moving averages of these differences, the indicator highlights the strength and sustainability of ongoing trends, helping traders align their strategies with the broader market direction. Unified Rating for Confirming Market Direction The "Market Direction" indicator consolidates the outputs of these four sub-indicators into a single, aggregated sentiment score. This score helps traders confirm the prevailing market trend by weighing the combined insights from fractal analysis, volume momentum, price action, and POC dynamics. A positive score suggests a bullish market, while a negative score indicates bearish conditions. by mertenes32
Super Trend ReversalsMain Concept The core idea behind the Super Trend Reversals indicator is to assess the momentum of automated trading bots (often referred to as 'Supertrend bots') that enter the market during critical turning points. Specifically, the indicator is tuned to identify when the market is nearing bottoms or peaks, but just before it shifts direction based on the triggered Supertrend signals. This approach helps traders engage with the market right as the reversal momentum builds up, allowing for entry just as conditions become favorable and exit before momentum wanes. How It Works The Super Trend Reversals uses multiple Supertrend calculations, each with different period and multiplier settings, to form a comprehensive view of the trend. The total trend score from these calculations is then analyzed using the Relative Strength Index (RSI) and Exponential Moving Averages (EMA) to gauge the strength and sustainability of the trend. A key feature of this indicator is the isCurrentRangeSmaller() function, which evaluates if the current price range is lower than the average over the recent period. This function is critical as it helps determine the stability of the market environment, reducing the likelihood of entering or exiting trades based on erratic price movements that could lead to false signals. by mertenes34
Possible Sell for BTC Hour Chart There is short opportunity for BTC Next Few Hours , But Could bounce up a bit first . Best of luck Please note that this is not trading advice . This just my own Trading Idea to Share ..Shortby rintintin19811
BTCUSDT STRUCTURE What more can I say than sorry for your dreams and hopes for Bitcoin Halving that you thought was going to change your life and make you a millionaire and all the coins you bought and waited for Bitcoin to rise so they'll rise too, find the courage and heal and get back to work, you cant cheat your way out of structure, 1D has broken the previous high there will be a pull back before any higher prices, do yourself a favour and look for shorts only. Always remember I want you to win too.Shortby Dr_Trade12
Bitcoin analysisIn less than six months, you will see Bitcoin at $38,000 and $35,000, and you will see $70,000 in two years. You are already seeing thisLongby darmanzehn111
BTCUSDTits about to create a new low , keep shorting until the chart shows something different Shortby mitg0
the downside prevails as long as 66370 is resistancepivot point is at 66370. preference The downside prevails as long as 66370 is resistance. Alternative scenario The upside breakout of 66370, would call for 74760 and 79760. Comment The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60056 and 61883). Supports and resistances 79760 ** 74760 * 66370 ** 63070 58836 last 48890 43980 ** 39070 * 34160 **Shortby Aziztvt0
My expectations vs the possibilitiesWe can take a long on the support level and a short on the recistance level until it break trough it.by KoraalTheOcean3
#BTC All big time frames & all indicators leads to 40K & 30K #BTC **** All Big time frames & all indicators leads to 40K then 30K and may be less. **** #BTC plan here is for bigger time frames only and this plan may be take very long weeks. *** Check the daily trend in my account @Crypto_alphabit ******************************** This is my expectation for next weeks ************************** ****************( MAY BE I AM COMLETELY WRONG, PLEASE DO YOUR OWN PLANS ) ***************** #BTCUSDT #bitcoin #BTC CRYPTOCAP:BTC #BTCUSDT #BTCUSD #BTCETH #ETH BINANCE:ETHUSDT #ETHUSDT #ETHBTC #ETHUSD #trade #trading #longterminvestment #Cryptotading #cryptoinvesting #investment ##trading #cryptocurrencytrading #bitcoininvestments #Investing_Coins #Investingcoins #Crypto_investing #Cryptoinvesting BINANCE:BTCUSDT BINANCE:BTCUSDT Shortby Crypto_alphabit1
BITCOIN SCENARIOThis weakly candle is very very very important, there is a scenario that btc is registering higher low in Daily timeframe to push up price, but we should have a look on interest rates cut, its not time to be panic, the market is full of fear, dont sell your BTC to BIG GAME PLAYERS. This analysis has only an educational aspect in the form of a possible scenario and is not published for signaling purposes.by CryptoSeniorTrading3
short Bitcoin has the high volume break thats why are expecting short toward the down side ,but barrier of 52k is also very crucial it can be big long after small shortby aslamfahad0200
Expected flow during this volatility period Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- USDT, USDC seem to have gapped up as the weekend approaches. I think the gapped up is a sign of funds flowing into the coin market. The rise in USDT dominance is likely to lead to a decline in the coin market. However, since funds flow into the coin market through USDT, I think that USDT dominance will show an upward trend in the medium to long term when considering it from a medium to long term perspective. When funds flowing into the coin market purchase coins and tokens, USDT or USDC flow back into the exchange, which is expressed as a decline in USDT dominance. Therefore, I think that in order for a large bull market in the coin market to begin, USDT dominance will start to decline after a large rise. In that sense, the 4.97 point of USDT dominance is expected to be an important turning point. If USDT dominance rises above 6.39, the coin market is likely to show a large decline. I think that if it rises above 6.39 and then falls to the 4.97-6.39 range, the coin market is likely to form a bottom range. My personal hope is that it will fall after receiving resistance near 6.39 ~ Fibonacci ratio 0.75. If that happens, I think the coin market will already be on an uptrend before it is recognized as a bottom. We need to see whether individual investors will recognize it as a bottom and give them a buying opportunity, or whether they will not give them a buying opportunity. In that sense, I expect the volatility period around September 13 to be a meaningful period. In fact, this volatility period is the period set on the 1W chart. Therefore, the actual volatility period is the week before and after September 16. In other words, if expressed as a 1-day period, it corresponds to September 9-29. The strong support zone is expected to be around 42K-43K. I think this is the zone that most people are expecting. Therefore, if we give individual investors a buying opportunity as I mentioned earlier, I think it will touch around 42K-43K. If we do not give individual investors a buying opportunity, it is expected to turn upward near the M-Signal indicator on the 1M chart. In other words, it is expected to touch around the Fibonacci ratio of 0.707 (48064.07) ~ 0.786 (51606.42) and turn upward. - When looking at the NAS100USD chart, we need to check if the StochRSI indicator enters the oversold zone again when a new candle is created. The important zone is the 17854.8 point. If it falls below this point, it is likely to touch the Fibonacci ratio 0.618 (17141.4) on the right. Therefore, I expect the trend to form after the volatility period of BTC that I mentioned earlier. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that the real uptrend will start after it rises above 29K. The expected range to touch in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCrypto7
Bearish penant on 1 HTFBINANCE:BTCUSDT.P Holding on to my short entry was 64390 still believe we will visit 45K levelsShortby Dutch_Crypto_King19822
BTC Long and Short OptionsBTC in green support zone. Not interested in a long here on this double bottom there is no volume to support it on the 2hr and the daily is showing signs that volume is consistent for further down moves. Only entertaining a long position if it traps off that next low, honestly isn't a great low since that was a panic move from the Japan blow out so I'm dubious if there will be much reaction there and price action suggest it just caught a lot of people off guard. Only a V shaped reversal for now. For a short continuation price has to break that low and find some price acceptance and some sort of channel to form, be looking for a pull back to trap off one of the lower highs made. Using candle close above 21EMA on daily or 2hr setup of a similar nature. V shaped with a solid 2hr close candle across the EMA with an increase in volume. No volume, then no entry.by littlebakes0
Bitcoin constitutes the three bottoms modelBitcoin constitutes the three bottoms model, which may drive prices to visit 63,000 thousand dollar , then start for new summitsby Tegdz2
Btc SpeculationBTC fell by about 20%, at the moment we made a double bottom, we will bounce off the bottom of the support and tunnel pattern. you need to wait for confirmation when you leave the (LQ+ Sup) zone, will reach the premium buy zone and start to rise up to about 60kLongby albertasjon1
BTC/USDT Daily Chart Long Update:The BTC/USDT daily chart displays a descending channel pattern with a recent test of the lower trendline, indicating a key support area. The price has recently bounced from the lower boundary near $52,408, showing a potential reversal toward the upper trendline. The critical support level is highlighted at $52,408. A successful defense of this level could serve as a strong foundation for a bullish move. The nearest resistance is the descending upper trendline of the channel, currently around $66,000. A breakout above this level could signal the start of a new bullish phase. Potential Bullish Scenario: The chart suggests a possible rally from the current levels, with the price potentially moving towards $66,000. If the price breaks above the channel resistance, it could trigger a larger bullish momentum targeting previous highs or beyond. Bearish Consideration: A failure to sustain above $52,408 could lead to a downside continuation towards the next significant support levels around $50,000 or lower. Monitoring for false breakouts or rejections near the resistance trendline will be essential to manage risk. Pattern Analysis: The ongoing consolidation resembles a broadening formation, with increasing volatility at the boundaries of the pattern. The large upward arrow on the chart indicates a projected move higher, suggesting optimism among traders for a breakout. Key Takeaways: A sustained move above the $54,000-$55,000 range with strong volume could validate the bullish scenario. Positioning should account for both scenarios with stops below $52,000 to mitigate downside risk if the support level fails. This analysis points towards a cautious optimism for BTC, with critical resistance levels needing to be cleared to confirm a bullish continuation. Keep an eye on the volume and price action around the resistance trendline for further confirmation. Disclaimer: This is not financial advice. Stay updated with market movements and adjust your trading strategy accordingly. Keep an eye out for further updates and analysis. Thank you!by CryptoSanders95635