BTC QM(1H)right shoulder was 69 ... maby a oull back to but doeswt show that much long liqudd they didnt carry price to top still sellers are strong... it shows pull back was 68.5 we can have another bull before real bear down for make imb yellow is posible 2:) we will see 63.8) Future_No_1_NZby Future_NO_1_NZPublished 0
Bitcoin’s Inverse Head and Shoulders–Bullish Reversal or FakeoutSummary : Bitcoin has formed an inverse head and shoulders, a classic bullish reversal pattern. Currently, it’s retesting the neckline around $67,500. Will the retest hold and confirm the breakout, or is a deeper pullback in play? Chart Setup : Inverse Head and Shoulders: Bitcoin formed an inverse head and shoulders pattern with the left shoulder around $60,000, the head near $57,500, and the right shoulder again at $60,000. The neckline sits at $67,500. Retest of Neckline: After breaking out above the neckline, Bitcoin is now retesting this level. A successful bounce could signal continuation toward higher levels. Volume Watch: A strong volume spike on this retest would confirm the breakout. Low volume, however, might indicate a fakeout and potential drop. Entry & Exit : Bullish Case: Entry on a confirmed bounce off $67,000-$67,500, with targets around $70,000 and beyond. Bearish Case: A failure to hold the neckline could lead to a drop back to $65,000 or lower, signaling a return to the previous downtrend. Conclusion : Bitcoin is at a critical point. A successful retest of the neckline would confirm the bullish reversal and open the door to new highs. However, if the retest fails, a return to the prior downtrend is possible. Volume will be key in determining the next major move. by Papi_JamminPublished 1
BTC: WeeklyI see the divergence effect here, which can be aimed as follows: EP: 68269.55 SL: 70686.71 TP: 61147.17 I determined the resistance level (for TP) using Ichimoku.Shortby ejamshidi71Published 0
BTC/USDT Price Surge: Strategic Entry Points and Profit Targets BTC/USDT Analysis - October 21, 2024 Current Trend : Bitcoin is showing strong bullish signs. With the latest price at 68,342 USDT, it is well above the 20-day moving average (64,235.45 USDT) and the 50-day moving average (61,978.03 USDT), indicating that the uptrend is healthy. Technical Indicators: RSI : Currently at 66.57, there is no overbought or oversold signal. The market appears balanced, which bodes well for the stability of the current trend. MACD : At 1,812.23, with the signal line at 1,308.61, the positive divergence indicates bullish momentum. ADX : At 22.40, the ADX is slightly below the threshold of 25, indicating a trend that is not extremely strong but still significant. Support and Resistance Levels: Support: The closest support level is at 58,946 USDT, where buyers have previously stepped in to drive prices higher. Resistance: The next major resistance level is at 69,519.52 USDT. If Bitcoin breaks through this level, we could expect further upward momentum. Volume: Trading volume is robust at 8,705.56, suggesting sustained interest in Bitcoin at these price levels. Outlook: With solid momentum and technical indicators supporting the uptrend, Bitcoin seems poised to continue its rise unless a major surprise occurs. It will be crucial to monitor the support and resistance levels to adjust strategies, especially as the price approaches these key thresholds. BTC/USDT Trading Strategy Current Setup: Current Price: 68,342 USDT Trend: Bullish, supported by technical indicators. Price Targets (Take Profit, TP) and Stop Loss (SL): TP1: 69,500 USDT Justification: Close to the resistance level at 69,519.52 USDT. Ideal to secure profits before potential significant profit-taking. TP2: 70,000 USDT Justification: A major psychological level, a logical next step if resistance is broken. TP3: 72,000 USDT Justification: An ambitious target for strong trend continuation. Achievable if momentum remains strong and volume increases. Stop Loss: 66,000 USDT Justification: Positioned below the recent significant low to avoid premature exit due to volatility. Represents a manageable loss in terms of risk management. Entry Strategy: Entry Point: Consider entering at 67,800 USDT to maximize the risk/reward ratio. If the price moves up without a significant pullback, enter at the current level with confirmation of strong momentum (e.g., rising MACD, RSI > 60). Risk Management: Position Size: Risk no more than 2% of total capital. Continuous Monitoring: Keep an eye on RSI and MACD for any signs of weakness or divergence that might indicate a potential reversal. Longby Smart-TradingsPublished 0
What do you think will happen to btc?our trend is upward, as you can see, and our priority is a long position in the direction of the trend, but we can do a little risky work, why? 🤔 The candlesticks are telling us that Rondo is weak. Also, there is a strong daily resistance area that has hit it and started to fall. We could get a reaction or if the channel is broken, I think it is possible to open a short position, but you have to save profit very soon, at least r2, and I have specified the supports that I think can react. If your strategy gives you a short position, I think you should open it with low risk. Because you did not get the approval of the change of the process😶🌫️ stay alive.🫡 ⚠️ Do capital management ⚠️Shortby parsa_xaPublished 0
bitcoin outlookpossible scenario for btc. This represents my optimistic outlook for Bitcoin.Longby attaalsalimPublished 0
BTC over 70K???In my previous post, I have predicted the continuous downtrend of BTC. Many people are getting hyped up over if BTC will reach 70K or not: some are expecting a breakout this week while others don't. While the price of BTC rose above the upper level of the downtrend(marked as a black line), it has met a resistance at 69.4k which was my entry price for short. And though I cannot tell certain (like everyone else), I can only guess there might be a support in 68k if the price keeps dropping where numerous price actions have been seen in past few days. The more obvious support level, however, will be 67.7k, which is the upper level of the downtrend which will now act as a support level. So if the price hits this level, I can only imagine major price actions will happen. Of course this doesn't really tell us anything about the future: the price could continue to drop after the consolidation, or it could gain the rebound momentum and rise up again. Nobody knows the future, really, it is up to you to decide: long or short. But most important thing is, in my opinion, is NOT to predict, but to react. My prediction for short was based on the knowledge that BTC has met the resistance level and therefore will certainly show some actions, even if it will eventually continue the breakout. So I won't be mad if BTC rises again, because it's still a win for me, though it was smaller than what it could've been. Remember: react, not predict! That's how we make money in this field :) Shortby QJEEEPublished 2
BTC sell ideaPrice swept a buyside, previous day high, pull back is expected to the daily imbalance Shortby omotoshot90Published 1
BTC Sunday scalp tradesIf BTC closes above 68,500 than long with tp @ 69,000 Sl below the candle which closes above resistance. If BTC closes below 68,000 than short with tp @ 67,600 Sl above the scandals which closes below support. by Ats9Updated 0
Bearish/BullishBearish: The descending trend line indicates a resistance level that has not yet been broken. Bullish: The price is approaching the resistance level with strong green candlesticks, indicating buying pressure. #BTC #Bitcoinby policycoinPublished 110
Will BTCUSDT fall?Hello everyone, last time I've posted is last November, so here we are again: Current movements suggest that BTC will start the downtrend soon, but we'll see about that. Shortby QJEEEPublished 3
Short trade Buyside trade Pair BTCUSDT Sun 20th Oct 24 11.00 am Entry 68611.6 Profit level 68257.0 (0.52%) Stop level 68688.9 (0.11%) RR 4.59 Reason: Pivitol price and resistance level and time 11.00 am Shortby davidjulien369Updated 0
Bitcoin’s 4-hour level wave count continues the view unchanged oBitcoin 4-hour level wave count: Continuing the unchanged view on October 12 (the overall view remains unchanged on September 23), we are still bullish next weekLongby qwekjcPublished 1
Key Bitcoin Price Levels and Dominance Analysis for Long and ShoIn my view, if I don't consider the potential breakdown of the 68,170 price level as a fakeout, we shouldn't dip below it. However, if the price breaks below, I would regard it as a false breakout and look to open a short position with a break of 67,594.47, provided that Bitcoin dominance also declines. If, during the breakdown, Bitcoin dominance remains bullish (green), shorting altcoins would be a better option. On the other hand, if the 68,170 level doesn't turn out to be a fakeout, altcoins could offer solid long positions, especially if Bitcoin moves sideways or upward and Bitcoin dominance decreases. Otherwise, Bitcoin itself might present a better long opportunity. In conclusion, monitoring the interplay between price levels and Bitcoin dominance will be key to determining the best positions, whether in Bitcoin or altcoins.by saeedalipour93Updated 0
BTC to B or not to B ?have been spending my weekend rummaging through posts by pundits and market's movers and shakers. This is my assessment (and not my recommendation). BTC will fall hard like gold in the weeks coming fore. But that does not mean you sell ok! You accumulate BTC when it dips south. Clear? pointless buying now because fomo is already in play. In the words of our guru Mr. Buffet 'be greedy when others are fearful and be fearful when others are greedy' look for 51000 levels to scale in and if price goes lower buy in increments of 1500 lower.. by ccpudaismPublished 2
btc short signalas you see in the chart the short signal is coming entry 62350 sl 64100 target 58300Shortby MR-CRYPTO-1997Updated 2
I see a bullish flag pattern in #BitcoinGet ready for a bullish rally in #Bitcoin (Weekly timeframe). Soon, this rally will start with the complete departure from the upper edge of the flag. The alligator indicator also shows us good conditions for buying this very important crypto. Buy some of this crypto every week.Longby piroozmanPublished 0
BTCUSD 15 MIN BEARISH SMC BTCUSD 15 min bearish SMC Let's see what's happening in market Target's are down side swing prev.Shortby Sandeepsingh55Published 0
Wyckoff Down sloping Accumulation TA as per Wyckoff Down sloping Accumulation, if Price the did not Break channel to down site will see new ATH, and then Distribution starting. It's not Fianacial advice, do your own researchby OryakhelPublished 1
Bitcoin | In Satoshi V Trust Gentlemen welcome to BULL MARKET The price of Bitcoin is $28,280 today with a 24hour trading volume of 45 billion dollars This represents a 4% price increase in the last 24 hours and a 40% price increase in the past 7 days When iconic US investment bank Lehman Brothers Holdings Inc. filed for bankruptcy in 2008, it shook people’s faith in banks so much that a new class of asset, which did not have the backing of any formal bank, came into being. Bitcoin, the most popular cryptocurrency, first found a mention in November 2008, about two months after the Lehman crisis. A decade later, cryptocurrencies have become one of the most debated financial assets, globally and in India, in terms of risk and returns. now in 2023 Banks fails even bigger and bitcoin is here to shine Right now all big companies including Amazon, Microsoft, BlackRock, BridgeWater ... got an eye on crypto and buying the dip while the old banking system shows its flaws all indicators sending bullish signal and be ready for 28500, 28700 and 28900$Longby moonyptoUpdated 111117
look like we may have a shift in the 1h time framelook like we may have a shift in the 1h time frame in btc/usdt lets take a look at the chart in smc trading strategy this is not a trading advice. take it with you own analysis only.Shortby Jungle_tradingPublished 0
BTC Bullish daily chartA long term measured move taking profits in critical confluent areas, Up next is the R1 pivot point on this friday, confluent with the 50% on the wick highlighted. I'm going to attempt to post here more. I really dont like writing a long "meaningful" emmotional poems.. not sure if anyone else struggles with that?? Maybe i can get used to it if i find it helpful to focus. Keep it green! Longby TJames919Published 0
BTCUSD / Bitcoin Trade IdeaAfter reaching the target I'm looking to new setup. Currently I'm looking to position myself in short till we reach point A. A) I want to see rejection of that level with bullish closure of higher timeframes = Long B) I'll trail short a bit more in this case and look to long in point B with same criteria. BUT I'll be more conservative and not have big expectations to reach higher prices labeled on chart (red line on top). That level is likely for scenario A in my perspective for now as I don't want to hold a position too long on those levels.by TiwielUpdated 0