Btc for long up side momentum on weekly timeframeAs we see the strong bullish momentum in btc and here we got one pattern for more bullish momentum and the target is 80k around lets see Longby aliasgharidreesiPublished 3
Bitcoin Channel Breakout!BTCUSDT has finally broken and closed above the downward channel that has been forming since May. This move, when viewed in the bigger picture, resembles a bullish flag pattern, typically a trend continuation signal. We've seen a similar pattern recently in the gold market. After such breakouts, it's common for the market to lose some momentum and produce a pullback to retest the channel border and upward trendline. Additionally, the price action is forming an AB=CD pattern, with the completion point expected around 72,000. This setup offers a strong opportunity for continued bullish movement. The target is the resistance zone around 72,500Longby RTED_InvestingPublished 3
BTC BREAKOUTBTC has broken out and is ready to explode ahead of upcoming elections, alt coins will follow.Longby DoubleKillNilPublished 2
POV ! BTC View !hi dears. Its time to get stop of thinking ath in october and time to save your profits maybe in this munth we coundent reach new ATH (ALL TIME HIGH) but it will happen soon as you know thatShortby TradeWithMkyPublished 3
Bitcoin. The bears are in trouble.If this growth turns into the 5th wave, then the short sellers of Bitcoin may be in trouble!Longby JOE007_BitfinexPublished 2
Double 1-2, expanded flat correctionsIntroduction Bitcoin ended an impulsive wave last week, into mid term resistance piercing trough it and testing it as support. Inflows are increasing with these higher prices , giving liquidity to the market. If bitcoins manages to break last local low, the probability increases of trapping early longs in a false breakout to new all time highs Analyzing the 12h chart Accumulation / Distribution indicator showing an head and shoulders pattern and hidden bearish divergence with current priceaction The rate of change of the ATR and Accumulation/Distribution indicator showing overbought signals at high valuations, if these indicators can cool of on sideways priceaction bitcoin can be worth a buy again, otherwise priceation will follow these indicators to the downside Possible elliot wave count indicating a deep retracement as previous 1-2 count Riskmanagement Price should not go above the beginning wave 1 = Stoploss If price goes under the end of wave 1 = stoploss at wave 2 Targets 50% / 61,8% / 78,6% Fib retracements Green diagonal support Green rectangle boxShortby DelzeynePublished 2
KING BTC. 1HThe continuation of the falling movement to the target of 64,500 can start again from the two numbers of 67,800 and 68,700by kingbtc3Published 3
Updating the 2hr to the downtrend transition 🛠 Strategic Approach: Use a system and be patient, trade with the trend, and avoid reacting emotionally to stop losses. Losses are part of the game, but controlling emotions and staying focused on probabilities is key to long-term success.Short12:51by Blayno_MTOPSPublished 2
BTCUSDT : LTF update!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse BTCUSDT on lower time frame: As expected, BTCUSDT is currently trading within a defined channel. Buying activity has been observed in the orange region, suggesting potential upward momentum. A rebound from this region is likely, especially considering its proximity to the middle line of the channel. If the price breaks below the middle line, further downside could lead to a decline towards $65,500. Key Levels: Resistance: $69,000 Support: $66,800 Lower Support: $65,500 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!by persis10tPublished 3
BTC: Buffeting Under Resistance, Awaiting the Decisive BreakBTC is currently buffeting under the upper trendline, which is acting as strong resistance. According to cycle analysis, we could see a couple more days of upward movement before entering a decline. The potential for an Elliott Wave impulse (1,2,3,4,5) to break through the upper trendline is becoming clearer. If the break happens, expect BTC to pull back and sit on the trendline before continuing higher. However, the frustrating part is that volume is cooling, which isn’t typical during Wave 3 of an impulse. Ideally, we’ll see a decisive break of the upper trendline within the next 24 hours, something that’s been long anticipated.Longby cryptechcapitalPublished 4
MUST WATCH! DECISION TIME FOR BITCOIN! Here are the levels that immediately stand out. Are we headed for the range high? Are we BOUNCING OFF THE trend line, or will we rotate back down? See video for full breakdown but otherwise trade responsibly. For any of these plays, I want to see a flip in structure on the 10-minute chart or higher before entering. Let’s be ready! Make sure to follow for regular updates and insights! 🔔💡 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁 27:21by Trade-JournalPublished 113
BTCUSDTBTC ~ 1W Update #BTC Successfully broke through this bullish flag pattern. If this goes according to plan, New highs are only a matter of time.by CryptoNuclearPublished 4
BTC - Short-Term Bearish?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. The BTC market structure has been very clean lately, which I find interesting. 📉Previously, after breaking below the last major lows (marked in red), BTC dipped . 📈Similarly, after breaking above the last major highs (marked in blue), BTC surged . 🔄 If history repeats itself, and the current last major low marked in red is broken to the downside, we can expect another dip in BTC. However, as long as BTC continues trading within the rising orange channel, the overall short-term trend remains bullish. 🕝What do you think? Will BTC break below the channel for a bearish correction to start, or will it keep pushing higher within the channel to test the $70,000 round number? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalystPublished 232358
BTC/USDT Analysis UpdateBitcoin has formed an ascending triangle pattern, and the price is currently testing a key horizontal supply zone. This level has historically acted as a resistance area, making it a crucial point to watch for a breakout. The triangle's upward trendline shows steady buying pressure, with the price making higher lows. Bitcoin is trying to break through this significant resistance area, which could trigger a bullish rally if A confirmed breakout above this zone, with strong volume, would suggest a continuation of the bullish trend, targeting higher resistance levels. Consider entering a long position if there is a confirmed breakout above the supply zone with a retest showing support. To minimize risk, a stop-loss can be placed just below the ascending triangle's lower boundary. Look for profit targets around the next significant resistance levels. Keep a close eye on the price action and volume to confirm the breakout, as this could set the tone for Bitcoin's next major move. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdminby CryptoSanders9563Published 5
Bitcoin Mid term Road MapHello everyone, This post highlights a series of technical patterns, all converging towards the same target area on Bitcoin. We’ve identified a descending broadening wedge, a cup and handle formation, and another descending broadening formation. The alignment of these patterns reinforces our bullish bias on Bitcoin, suggesting that a major upside move is imminent. We believe the potential for a significant rally is stronger now than ever. Please share your comments and thoughts on this analysis.Longby wesladUpdated 3232631
The start of a new wave: 68447.9 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTC.D 1M chart) BTC dominance is rising above 58. The point to watch is whether it can face resistance in the 55.01-62.47 range and fall. If it rises above 62.47, a strange market where only BTC rises may be formed. Most altcoins are expected to gradually move sideways or show a downward trend. --------------------------------------- (USDT.D 1M chart) A decline in USDT dominance is likely to lead to a rise in the coin market. However, as I mentioned in the explanation of BTC dominance, I think that most coins in the coin market will show an upward trend only when BTC dominance also declines along with USDT dominance. If USDT dominance falls below 4.97, the coin market is expected to enter a bull market. The point of interest is whether a market where only BTC rises or a bull market where altcoins also rise will be created. ------------------------------------------ (BTCUSDT.P 1D chart) - The 68447.9 point is the BW (100) point of the 1W chart, - The 71363.0 point is the BW (100) point of the 1M chart, - The 73127.6 point is the BW (100) point of the 1D chart. Therefore, we should consider the above points as forming support and resistance points. If the price rises above the downtrend line (2) and maintains, it is expected to create a new wave. Therefore, whether there is support near 68447.9 is an important key point. - The StochRSI indicator is approaching the highest point (100) and the slope is becoming gentle. Accordingly, the pressure for a downtrend will increase over time. In order to overcome this downward pressure and create a new upward wave, it is expected that it will be possible to show a sideways movement in the 68447.9-71363.0 range. Therefore, the point of interest is how the StochRSI indicator performs the initialization process. (The initialization process of the StochRSI indicator refers to moving from the overbought range to the oversold range, and also from the oversold range to the overbought range.) - (1h chart) The BW (100) point is formed at the 67800.5 point and is showing a downward trend. The Mid (50) point is formed at the 67064.5 point. Therefore, we need to check whether there is support near 67064.5-67349.7. If it falls below 67064.5, it is likely to touch 5EMA on the 1D chart or around 65568.1-65922.3. If it touches 5EMA on the 1D chart and M-Signal indicators on the 1D, 1W, and 1M charts, it is highly likely to cause volatility. Therefore, caution is required when trading as there is a possibility of creating a new wave. - The StochRSI indicator is showing signs of entering the oversold zone. Accordingly, when it rises after entering the oversold zone, it is necessary to check at what point it is receiving support and resistance. In that sense, whether there is support around 67064.5-67349.7 is important. - If the StochRSI indicator enters the oversold zone while the BW indicator does not fall below the midpoint (50), it is likely to show a decline such as a pullback or price adjustment and rise again, so it is good to note. The most ambiguous part in interpreting the BW indicator is when it is at the midpoint (50). Therefore, when the BW indicator is at the midpoint (50), it is better to think about a response plan for the coin you are currently trading rather than conducting a new transaction. ------------------------------------ I placed a reservation order to liquidate a buy (LONG) position at the 68447.9 point, but it was not executed. I think this is a part where you can see that the downtrend line (2) is an important trend line. If you do not break through the trend line (2) strongly, it is expected that the breakout will fail. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCryptoPublished 9
Bitcoin Watch For Reversal Signs Near the Top Of Pattern Bitcoin: Watch for Reversal Signs Near the Top of the Pattern Bitcoin is testing the top of a large daily pattern, and selling pressure may soon increase to around $68,000. However, patience is key, as we should wait for reversal signs. If this happens, we may see BTC move down to previous structure areas at $60,000, $54,000, and $46,000. You may find more details in the chart 📉 PS Support with like and comments if you find this analysis useful for your Trading day ❤️Shortby MrCharlie1Published 11112
HelenP. I Bitcoin can make retest and then continue to growHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some days ago BTC dropped lower than support 2, which coincided with the support zone, but soon turned around and made a strong impulse up. BTC reached support 1 and then some time traded near, even entering to one more support zone. Later, when the price entered the support zone a third try, it broke support 1 and rose until to the trend line, after which turned around and dropped to support 2, breaking support 1 again. Also, the price started to trades inside consolidation, where it some time traded near support 2 and then rose to support 1. But then BTC at once dropped to the support zone, after which it turned around and made a strong impulse up, breaking support 1 and exiting from consolidation. Also, it broke the trend line recently, and now continues to move up, so, I expect that BTCUSDT will make a retest of the trend line and then continue to grow. For this case, I set my goal at 66400 points. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelenUpdated 111153
BTCUSDT IS NEED TO CORRECT 59000!Hi,by watching the chart, Eliot waves telling us BTC is performing *ABC* correcting waves, now we are in the wave *A* and i think price Will touch 60k .Shortby vmoradian6Published 2
BTC update - Oct 21 2024Having reached 69,000 zone, BTC started to dump right after the weekend. After some -4% drop, BTC reached the demand zone of 66,700 and recovered some of the drop but considering the bearish signs on the chart, BTC is expected to cross below the mentioned support zone and touch areas such as 65,000 and 62,000 zones!Shortby AlgoBotTradingPublished 1
Is this the top or just a temporary bounce?Bitcoin (BTC) has recently surged an impressive 17%, bringing it tantalizingly close to the $70,000 mark. This rally raises an intriguing question: Is this the peak, or are we poised for further gains? As we navigate this critical juncture for Bitcoin, I’d love to hear your thoughts. What do you think will happen next? Are you bullish or bearish on BTC?by BearBanksPublished 2
Support Zone: 64748.70-65920.71 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The M-Signal indicator on the 1D, 1W chart is formed in the 64748.70-65920.71 zone. Therefore, if the price is maintained above this zone, there is a high possibility that a stepwise uptrend will begin. Therefore, the point to watch is whether it rises along the trend line (1) and maintains the price above 68393.48 after around November 4th. If it rises above that, you should check for support near 71280.01. - The StochRSI indicator has currently entered the overbought zone. The rise to the overbought zone means that the upward trend is strong. Therefore, you should be careful when trading because there is a possibility that the upward trend will continue until it falls from the overbought zone. However, if the slope of the StochRSI indicator becomes gentle, the possibility of a downward turn increases, so you should think about a response plan for the decline. When this movement is shown, you should check if there are support and resistance points drawn on the 1M, 1W, and 1D charts, and if so, whether they are supported or resisted at those points. If you do not have support and resistance points drawn by yourself, there is no need to draw additional support and resistance points and create a response strategy. The reason is that additional support and resistance points or various chart tools drawn after the start of trading are likely to reflect your own psychological state. Then, there is a high possibility that it will be drawn according to the price volatility, so there is a high possibility that you will conduct the transaction incorrectly. It is important to start trading right now and make a profit, but I think it is most important to conduct the transaction according to the trading strategy that you originally planned. - If your psychological state has become unstable due to the price volatility, you need to make an effort to make your psychological state as stable as possible by selling in installments. If you do not, and continue to maintain an unstable state, you may end up suffering a large loss at one time, so you need to be careful. - How the StochRSI indicator is initialized, that is, whether it touches the oversold zone, is a point of observation to check the movement of the StochRSI indicator. Since the BW indicator fell from the highest point (100) on March 13, it has not touched the highest point (100) yet. This can be considered evidence that the upward strength is not strong. This time, the BW indicator will touch the highest point (100), so it is a point to watch whether the trend will change. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that the real uptrend will start when it rises above 29K. The section expected to be touched 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: 134018.28 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 readCryptoPublished 6
UPDATE WITH ENTRY. I like the risk to reward. entry and stop-loss. as we all know. The golden pocket (0.618) often play out to become the pullback area. which is why I enter a long there. the stop-loss was placed under 0.886 because according to fibonacci this is a level where a reversal of the trend gets executed. Target the 70k area is an area of resistance. I am playing it safe so I will exit my total position there. I might take partial profits on the way up on areas of resistance. Because "the 1,2 and 3 rule in making money is to not lose money" - Warren Buffet. PS: The drawn chart behavior is vague. Dont expect it to move exactly like this. Its just a draft I made really quick...Longby MrketwizardPublished 2