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
bitcoinbitcoin technical analysis basically on elliott waves Principles bitcoin made a leading diagonal as a wave 1 and it can down to current level and make a new wave as wave 3 wait and watchShortby Allver_FxPublished 4
BTC Next planThis is the scenario I will be expecting on BTC for the few days We wait a little bit correction to the daily OB below and sweep the liquidity above Follow for more market update and trade setupby MICHELXMPublished 4
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 1D analysis Inverse Head and Shoulder patternBTC Inverse Head and shoulder pattern may take price to 75000 to 80000 We saw a breakout and we could now see a pullback before looking for higher levels. Always do your research Longby Artnobelcrypto1fahomexcPublished 3
BTC, A RETEST ON SUPPORT? Currently BTC is trading at 67k area and trying to break from daily trendline. once we have confirmation of breakout there will be a "possible" target of 71k or higher. As history goes, October to December are highly bullish for BTC and US election is coming. What will happen to BTC?Longby CandleStickPatternPublished 2
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
BTCUSDT BUY ANALYSIS RECTANGLE PATTERNHere on Btcusd price just form rectangle pattern and now break the level of 66736.95 so which means the chances of going up is big therefore trader should go for LONG with expected profit target of 70158.54 and 73826.50 . Use money managementLongby FrankFx14Published 2
Bitcoin Market Outlook Elliot Wave Theory (W42/2024) // AlgoFyreThe market shows a bullish scenario with potential for an impulse wave up after a correction, possibly surpassing the all-time high post-election. However, two bearish scenarios suggest a major drop to 20K in the long term, highlighting significant downside risk. 🟢 Short-Term Outlook (Next Few Weeks to Months) - Bullish Scenario 🔸 Leading Diagonal (Green) Complete : The green lines on the chart represent the completion of the leading diagonal, which is the first wave of a larger impulse (wave 1). Leading diagonals often occur in the first wave of a new trend, indicating that a bullish trend is beginning. This is particularly important because it sets the foundation for a stronger upward movement that could follow after a corrective phase. 🔸 Corrective Phase (Red ABC) : After completing the first wave, we are now expecting a corrective structure. The red lines represent a potential ABC correction, a typical 3-wave corrective pattern in Elliott Wave theory. This correction could retrace some of the gains made in the leading diagonal, potentially finding support near key Fibonacci retracement levels (like the 0.25, 0.5, or 0.75 levels) drawn in orange on the chart. 🔸 Timing Around the US Election : The chart indicates that this ABC correction may take place leading into the US election, which is often a period of increased market uncertainty and volatility. It seems that the correction is expected to conclude before or around this event, setting the stage for the next major move. 🔸 Bullish Impulse (Wave 3) : After the correction, the chart projects a strong bullish impulse (the large green arrow), which would be the beginning of wave 3. In Elliott Wave theory, wave 3 is typically the most powerful and extended wave in an impulsive structure, often leading to significant gains. The breakout above previous highs around the 67,000-68,000 level (marked by the green wave 5 in the diagonal) would confirm the start of this impulsive wave, which could target much higher levels, possibly into the 70,000+ range. 🔸 Bullish Summary (TLDR): The leading diagonal in green (wave 1) suggests that a new bullish cycle is underway. We are currently expecting a 3-wave corrective move (ABC) before the next leg up. The correction could end around key Fibonacci levels, potentially coinciding with the US election. After the correction, a powerful wave 3 impulse is expected, likely driving prices significantly higher. 🔴 Short-Term Outlook (Next Few Weeks to Months) - Bearish Scenario 🔸 Bigger ABC Correction : The market is in the midst of a larger corrective pattern. The current movement is within the B-wave of this ABC structure. 🔸 Flat Pattern for B-Wave : The B-wave is forming a flat correction, which typically indicates a sideways consolidation with a final leg up before a downward movement. 🔸 C-Wave to 52K Area : After completing the B-wave, we expect a C-wave to the downside, targeting around the 52K level. This drop represents the completion of the B-wave within the larger ABC pattern. 🔸 Larger C-Wave Up : Following this drop, the final C-wave to the upside is projected. While this wave could potentially retest or even exceed the all-time high (ATH), it's not guaranteed. The key idea is that a significant rally is expected after the corrective B-wave down. 🔸 Major Downtrend Next Year : After this anticipated rally, a substantial downtrend is expected in the following year, potentially driving the price down to 20K or lower. 🔸 Bearish Summary (TLDR): Completing a B-wave flat correction within a larger ABC structure. Expecting a C-wave down to around 52K before a potential larger rally. After the larger C-wave up, a significant decline is expected, leading to 20K or lower in the following year. 🔴 Mid-Term Outlook (Next Few Months to Year) - Bearish Scenario 🔸 Leading Diagonal Completed (Red) : The red structure shows the formation of a large leading diagonal to the downside, suggesting that a strong downtrend has already been established. 🔸 Corrective ABC (Green) : After the diagonal, a corrective ABC pattern has formed. This correction has reached the 0.786 Fibonacci retracement level, which is a common level for corrections to complete before resuming the primary trend. 🔸 Major Move to the Downside : Following the completion of this corrective phase, the chart is signaling the beginning of a significant bearish move, potentially leading to a price target near the 20K level. This aligns with the broader bearish outlook. 🔸 Bearish Summary (TLDR): Finished a leading diagonal to the downside, followed by a corrective ABC pattern. Correction reached the 0.786 Fibonacci retracement level. Expecting a major bearish move from this point, with a potential target of 20K. 🔶 Key Takeaway The market presents both bullish and bearish possibilities. The bullish scenario suggests that after a leading diagonal (wave 1) completes, a short-term ABC correction will occur, followed by a powerful wave 3 impulse to the upside, potentially pushing prices beyond the all-time high after the US election. On the other hand, the bearish scenarios indicate a significant downturn: one expects a C-wave drop to around 52K before a larger rally, followed by a steep decline to 20K or lower next year, while the other points to a completed leading diagonal with a corrective ABC reaching the 0.786 Fibonacci level, signaling the start of a major move down to 20K. Despite the potential short-term upside, both bearish scenarios ultimately point to a substantial long-term decline. by AlgoFyrePublished 3
BTC short If BTC rejects 71,000 than short it with tp1 @ 68,000 Tp2 @ 65,000 Tp3 @ 60,000 Sl 72,000 If BTC closes above 71,000 than this trade will be invalid.Shortby Ats9Published 2
Market Consolidation Expected After Recent Fakeouts – Key SupporTypically, when we experience fakeouts from both the top and the bottom, the market tends to lose volatility and enters a consolidation phase. In this case, as long as we remain above the key support level of 63,895, there is no significant cause for concern. These movements can be considered part of a price and time correction. This analysis suggests that staying within this range will likely keep the market stable, with potential for sideways movement in the near term.by saeedalipour93Published 3
BTC Liquidity HuntingBTC Liquidity Hunting I think it is very likely that this kind of crazy plays outLongby TrevictusPublished 3
BTC LONG TP:68700 2HR 22-10-2024This 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! 📈💼🚀Longby ReyDragon21Updated 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
Bitcoin to new all time high Bitcoin daily chart closed above the 67k I'm now 14% ROI in this trade that started September 1st and 30% ROin total (2 trades) Next week will be huge we will see a new all time high Longby thebitcoin_traderPublished 3
BTC 1 WEEKDear Traders, heres my simple idea about btc price target on weekly lets see if it can play Longby skainnPublished 2
#BTCUSDT A technical possibility The compact green pattern has completed the beauty. It seems that if it can break the ceiling of this pattern with strength, he can continue the path.by akbarkarimzsfehPublished 3
BITCOIN IS FINALLY READY TO LIFT OFF !!After several months of consolidation and reaccumulation between $50,000 and $70,000 USD, OKX:BTCUSDT BINANCE:BTCUSDT INDEX:BTCUSD CME:BTC1! has formed a massive bull flag and is finally beginning to break out. Since 2012, Bitcoin has surged in the weeks leading up to U.S. presidential elections, only to experience a "sell the news" event afterward, regardless of the winning candidate or party. Mark your calendars for November 4th, 2024, to stay ahead and avoid potential liquidations. This pattern is corroborated by most altcoins, which are signaling strong buy indicators through multiple technical factors. Also, please remember the annual tax sell-off that typically occurs in late December. Bitcoin is on a path toward $140,000–$160,000 by March 2025, which I expect to be the ultimate peak. The 16-year cycle, which has held on average for the past 100 years, will conclude, leading to a global recession akin to 2008 but even more severe. The events of 2022 and the August 2024 flash crash were just preludes to what may be coming. Please note, this is not financial advice. Always conduct your own research, exercise due diligence, and practice proper risk management. (I apologize for the picture from KuCoin on top of the TradingView chart; I forgot to renew my premium subscription.) Best regards, and may fortune favor the bold, cy4neLongby cy4nePublished 6