Bitcoin scalp long $68170Just entered a bitcoin long. Scalp Target is $68170 I anticipate lower prices potentially but first expect price to correct deeper.Longby FilnftUpdated 2
BTC updateBTC - So, Target has been hit! Congrats! What is Now? We need to see BTC closes over 70K on Closing Basis! The - we'll have new Target!Longby sunmikeePublished 3
BTC 100kBTC recently broke through resistance, and from the RSI perspective, the oversold signal has dissipated, with BTC recovering from the recent dip back to the moving average RSI. The fourth wave correction appears fully absorbed by the market, positioning BTC for the fifth wave. The conservative target price is set at $100k, aligning with the 1.618 Fibonacci level.Longby AZ_CapPublished 4
BTCUSDT: Update before weekly close!!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 higher time frame: BTCUSDT is currently exhibiting a positive trend. The upcoming weekly close will play a significant role in determining the future direction of the market. BTC is trading within a channel, and a daily close above $69,000 is crucial for initiating a rally towards $70,000. Maintaining a price above $67,500 is essential to sustain bullish momentum. Trading within this channel could potentially trigger a rally in altcoins. Key Levels: Resistance: $69,000 Support: $67,500 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!!Longby persis10tPublished 3
BTC weekly data is shifting. MASSIVE UPSIDE is waiting now! BUY!BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k. Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond. From our weekly chart diagram above, you can observe that the black bear cells has faded and the white dot (longs) has literally escaped the shorts prison cell (black cell). This signal has never missed since the 15k BTC season. The batting average of this one playing out again is very very high. This week is the best time to SEED. Get them all planted now. BTC is already up by 10% after that quick bounce from the strong major order support at 57k area. Signs of what's coming next after this week. Spotted at 60k area. TAYOR. Longby JSALUpdated 7788
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 3
BTCUSD - 10/16/2024 - Monthly Bull flag breaking upwardsBitcoin showing a bullish flag pattern on the monthly chart time and with signs of a possible upward breakout. Bullish channel on the daily chart time breaking at this moment and sustaining above the channel resistance. Next strong resistance at 70,000.00 - 73,000.00 dollars. Breaking these price levels, we can see another great appreciation of up to 100,000.00 dollars.Longby t8tadeulopessPublished 2
Bitcoin update - My next play We have slowed down in an accumulation range at demand. We could well get a rotation at either sides of our range within premium or discount. If we break up, be wary of the supply zone above. For my next play, I am watching for a continuation short, but will also be watching the 4h supply above for a reaction. For any of these plays, I want to see a flip in structure on the 10 - 15minute 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 🎁29:17by Trade-JournalPublished 4
BTC Bitcoin UpdateIf you haven`t bought BTC before the rally: nor sold the top: Now Bitcoin could be positioned for a rally toward $69,000 as U.S. major stock indices hit record levels. Historically, Bitcoin has shown a strong correlation with broader market sentiment, particularly during periods of risk-on trading. With investor confidence growing in the stock market, crypto assets like Bitcoin may also experience increased buying interest. Institutional investment could play a key role in pushing Bitcoin to new heights, especially with the favorable macro environment as GDP - in line with expectations today - and the recent 50bps rate cut.Longby TopgOptionsUpdated 3
BTC new ATH?As of October 2024, Bitcoin is in a strong but somewhat volatile position. The price has recently surged to around $68,000, which reflects a broader market rally, but has also shown fluctuations due to increased volatility and geopolitical factors. Bitcoin's market dominance has reached nearly 59%, the highest since 2021, indicating its continued strength relative to other cryptocurrencies. This rise is largely driven by factors like growing interest in Bitcoin exchange-traded funds (ETFs), which have surpassed $20 billion in inflows. But now, BTC is coming out from the trend line, new ATH is coming?Longby xMoranTomxPublished 2
BTC DAILY BREAKING OUT??After 7.5 months of what what amounts to a HTF bullflag pattern, seemingly endless chop, bitcoin looks like it's finally breaking out above and continuing the Bullrun. This post doesn't need to be overly complicated, there are a few key factors on what is happening: - Bullish continuation, a bull flag pattern is just that, after a strong rally the corrective structure looks exactly like how the chart looks before continuing the next stage of the rally. Bitcoin has hit the red zone 9 times before the current breakout move, now that the daily structure has shown repetitive higher highs and higher lows for the first time it's signalled that Bitcoin is ready to continue the move higher. - US elections, every election year since 1928 traditional markets experience a rally, this year is no exception with the $S&P500, SKILLING:US100 & TVC:DJI all at ALL TIME HIGHS. As much as we crypto traders want crypto to be separate from Tradfi, reality is these markets matter and effect Bitcoin directly. '21 ATH has been major resistance all year for bitcoin, I could see that being the target for this breakout (should it be a successful breakout) before a retest of trend channel at $66,500 on the daily. All in all this is an exciting time in crypto, lots of volatility ahead come US election and beyond. Good luck everyone! by ProR35Published 3
BTC LONG78,000 is the next stop ladies and gentlemen, come back down and bounce off that low volume node 65,338 grabbing liquidity for the wave higher. time i'm not putting a target on, I would say before end of year. conservative estimates.Longby SPYDERMARKETPublished 2
BTCUSDT IN BEARISH MARKETHi there, BTC is making lower highs, continuing a bearish trend. I made this simple SND setup where the price needs to break below the range of 61,370.41 - 60,981.62 in order to drop towards support at 57,707.62. If it breaks the support line then the price might be attracted to reach demand zone. Monitoring will be required. Happy Trading, K.Shortby KhiweUpdated 5
Start of full-scale uptrend: 64748.70-65920.71 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- In order to use the BW+ indicator in chart analysis, the existing HA-MS_BW+ indicator has been integrated and modified. -------------------------------------- The key is whether it can rise above the trend line (1). The StochRSI indicator seems to be entering the overbought zone. The fact that the StochRSI indicator has entered the overbought zone means that the upward strength is strong. Accordingly, there is a possibility that it will show an upward trend until it falls from the overbought zone, so you should look at the movement at the support and resistance points drawn on the chart. --------------------------------------- We need to check if the price can be maintained above 65618.80, which is the upper point of the HA-HIgh indicator box. The 65920.71 point is the HA-High indicator point on the 1W chart. Therefore, if the price is maintained above 65920.71, there is a high possibility that a stepwise uptrend will begin. However, since the StochRSI indicator has entered the overbought zone, it is expected to show a downward trend, so it is expected that support will be important around 65920.71. - The BW (100) line is currently formed at 73072.41. If the price rises a little more and a new BW (100) line is created, that area will be the split trading point. Otherwise, the current BW (100) line position, 73072.41, will be the split trading point. - If it falls below 64748.70-65920.71, the most important support and resistance point is 61099.25. However, before that, we need to check whether there is support near 62856.30, the lower point of the HA-HIgh indicator box. - The point of interest is whether the price can be maintained near the 64748.70-65920.71 range even after the next volatility period, around November 4th. If not, we need to check whether it is located near 56204.13. - 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 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are 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 12
Breaking The Previous ResistanceBitcoin traded in a range for two days before attempting to break the $62,700 resistance with the opening of global markets. Now, Bitcoin is on the verge of challenging the weekly downtrend. Whether it successfully breaks this trend or not, by holding the newly broken $62,700 level, Bitcoin will soon have its sights set on the $71,000 target. Additionally, the key support remains at $60,000.by MonoCoinSignalUpdated 9
Lingrid | BITCOIN bullish MOMENTUM: Potential BreakoutBINANCE:BTCUSDT made a false breakout below last week’s low by taking liquidity below that level. Afterward, it rebounded off a key support level and reached the upper boundary of the downward channel. The current movement shows strong bullish momentum, suggesting that an upside breakout is quite possible. If you examine the weekly chart, you'll notice that the weekly candles for the past couple of weeks have consistently closed above 62,500, highlighting the significance of this level. I anticipate that the market to break through of the channel and retest last month’s high. My goal is resistance zone around 65,900 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby LingridPublished 1128
BTC SHORT TP:65850 2HR 21-10-2024This technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck! 📈💼🚀Shortby ReyDragon21Updated 3
BITCOIN ON ITS WAY UP TO ATH. TECHNICAL ANALYSIS + TRADE PLAN Technical Analysis + TRADE PLAN by Blaž Fabjan. The image highlights an ascending triangle pattern. This is generally a bullish continuation pattern, especially if formed after an uptrend (as indicated in the chart). The price is consolidating near the resistance level, and a breakout is expected. Resistance and Support Levels: Resistance at $73,655.67: This is the key area the price needs to break above for a significant upward move. Support levels are marked at $68,556.87 and lower at $66,333.98. Price is currently hovering around $69,000. Indicators: VMC Cipher B: There are divergence signals, which often hint at potential reversals or strong continuation. The current setting shows a neutral position, but the past few signals indicate potential upward momentum. RSI (14): Currently at 67.42, close to the overbought zone (70). This suggests momentum but also indicates that caution should be exercised as it approaches overbought conditions. Stochastic RSI (14): Shows a reading of 72.43, also close to the overbought region. This is a confirming signal for potential bullishness but requires monitoring to avoid overextension. HMA Histogram: Shows bullish momentum (green) but with signs of weakening. This is typical before a breakout but worth monitoring. Volume: The volume remains neutral but could spike during the breakout above the resistance zone, further confirming the pattern. Trading Plan: Entry Strategy: Aggressive traders: Could consider entering a long position now, given the ascending triangle pattern and anticipation of a breakout. Conservative traders: Wait for a clear breakout above the resistance level at $73,655.67, confirmed by higher volume. Enter long on a retest of this breakout zone. Stop-Loss Placement: Place the stop-loss just below the support level at $68,556.87, or slightly lower to $66,333.98 for more conservative risk management. This will protect against any false breakout or trend reversal. Target Levels: First target: $74,000-$75,000 region (as indicated in the image by the upper blue line). This would correspond with a clean breakout. Second target: If momentum continues, aim for $78,000 - $80,000, which is the next major psychological resistance level. Risk-Reward Ratio: Ideally, maintain a risk-reward ratio of 1:3 or higher. For example, risking 1,000 points for a potential reward of 3,000 points, depending on your entry and stop-loss placements. Exit Strategy: Partial Profit-Taking: Consider taking partial profits at the first target to lock in gains, moving the stop-loss to breakeven to secure the trade. Full Exit: Close the position if price action significantly retraces back into the triangle or breaks below support zones. If the trade reaches the second target zone ($78,000-$80,000), consider a full exit. Risk Management: Limit the position size to avoid overexposure. Risk no more than 2-3% of your portfolio per trade. Use trailing stops to capture more profit as the price moves in your favor. Market Sentiment and Confirmation: The ascending triangle and technical indicators are leaning bullish. However, confirming volume on the breakout is essential to avoid false breakouts. Global economic factors and BTC news should also be considered for additional confirmation, particularly around major support/resistance levels. By following this trading plan and being mindful of the market conditions, you can take advantage of a potential bullish breakout while maintaining proper risk management.Longby elfabiianiPublished 3
BTC short againIn my opinion, BTC will continue its down trend as a retracemnt before bull run. We sold short and take small profit after tighten stop loss. Now we can again retry the chance. Don't forget to manage your risk Shortby ahmed_fawzyUpdated 334
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 3
BTCUSDT H4After the intersection of the moving average levels 200 and 50 in the general upward direction and breaking the resistance levels at 6500 and 66000, stability above them strongly supports the upward trend. Accordingly, we are looking to buy after the first decline in the buying area from levels 64900 and 63800 with a stop loss of an hourly candle below levels 63600 with large targets extending to levels 70000 and 76580.Longby OMEREYLUL34Published 3
Short trade 15min TF Entry Sellside Reason: Trending outside the range Phase E (Whykoff Metholdogy) Sat 19th Oct 4.45 am (NY time) Pair BTCUSDT LND Session Sellside trade idea Entry 68423.2 Profit level 67652.4 (1.13%%) Stop level 68479.4 (0.08%) RR 13.72Shortby davidjulien369Updated 5
4H BTC IDEAHello my view on btc on 4h Frame showing weakness if we could not break 68200 Soon we will directly go to 62500 or less Safe your trade alt's will follow for sure by emadfarg201120Published 2