BTC BullishLooking to see the Bull Market Support Band continue to act as support now that it has been reclaimed RSI also looking healthy Invalidation if price shows continued weakness below the Bull Market Support BandLongby cruisnnPublished 2
500R BTC LongExpecting a move to $140k within 4 weeks once the all time high breaks. High risk trade.Longby TipsOfPipsPublished 1
BTC is moving earlier then what I was expectingBTC moved above the downtrend consolidation channel earlier than I anticipated, with volumes confirming this change in trend. The breakout occurred on the 14th of October. Currently, there is a low chance that the price will return to the bottom of the channel at 53k-50k, in my opinion. I guess the price will just retest the top of the channel at around 64k-62k and continue to the upside, probably to the higher part of the channel at around 73k, maybe a little more. On the weekly chart, volatility is still low on BBWP (13th percentile), while on the daily chart, it is at the 63rd percentile, with extremes around the 85th-95th percentiles. So, there is still momentum to continue to the upside.Longby danywaystrigePublished 1
shortbtc was make it higher high, higher low on previous uptrend range we can see there is more seller then buyer on this down range hopefully going down Shortby gpsaroj33Published 3
$BTC Daily UpdateSo BTC Price Action has been played out as expected so far. You could check my previous analysis for more information. Very strong bearish momentum after mitigating premium and unmitigated daily supply range that we have been waiting for. Price have collected a lot of internal liquidity in Dailly Fractal Structure and I assume the next level price might go is down to $44.000 There is daily flip demand zone at the level of 62.000 - 63.300, and we might get a bullish reaction from that level, but I personally think that level will be used as liquidity and price to mitigate 59.000 - 61.300 demand range. And that is where we could get a bullish reaction If we get any. Do not try to catch any longs before getting any bullish reaction from the demand zones. Shorts from 65.200 - 68.000 more probable imoShortby alplailaPublished 4
Is $btc Bitcoin's Channel about to do the Most or the Least? Bitcoin is in a Very huge falling channel! Current Price: 65600 CRYPTOCAP:BTC Price action has rejected upper trend line Resistance 6 times - steadily creating lower highs. Currently, Price action is at this Major resistance. Will it reject again? It remains to be seen! A break above this major resistance will lead to ALL time highs and a continuation of the bull run. CRYPTOCAP:BTC Up Resistances: 70.4k, 74.8k, 80.2k Note: #BTC remains bullish if price action stays above the 200EMA (red Moving Average) Another rejection of this upper channel resistance will lead to down supports up to 50.5k. What will it be? by Ifiok-2sydesPublished 1
BITCOIN range market with potential of gainHello and greetings to all my valued followers and crypto enthusiasts. In this analysis, I aim to provide an overview of the crypto market and Bitcoin’s position. 🙌 According to the charts and data, we are currently experiencing a range-bound phase, with both major players and smaller assets exhibiting this trend. This situation presents strong growth potential, but it requires renewed interest and increased trading volume in the market. ✔📚 On the chart, I’ve highlighted a comprehensive scenario in yellow, along with two shorter-term scenarios indicated by smaller arrows and their corresponding numerical targets. 🏹 Overall, my team’s perspective on the crypto market is that while it is currently in a range, it possesses significant potential. 🚀 I’ve also summarized the key points at the bottom of the chart for your convenience. I hope you find this information helpful. ✌🎉 If you have any questions or want analysis on a specific stock or coin, please leave a comment, and I will respond promptly. ✔ Best, Mad Whale. 🐋by MadWhalePublished 9
14/10/24 Weekly outlookLast weeks high: $64,486.09 Last weeks low: $58,947.36 Midpoint: $61,716.73 Following a busy week of Data events with CPI & PPI price can be volatile and unpredictable, that was evident as BTC can be seen selling off going into those data events and despite a worse than forecast CPI, the markets responded quite well leading to a climb from Thursday onwards up to the 0.75 line. A weekend of chop gave a positive enough close to warrant a large buy candle in the opening hours of this week, could this be setting the pace for the rest of the week? For me, I'm always a little wary of a "swing fail pattern" (SFP) as these patterns can be very bearish, a reversal at the beginning of the week can lead to a sell off that undoes the previous weeks work as price falls. Confirmation of this pattern would be a wick above weekly high followed by smaller lower highs and lower lows on a LTF (15m). Should BTC manage to stay above the weekly high and maintain structure the target is $66,500. This is an important target as Bitcoin has been trying to breakout of this downtrend for 6 months, anything beyond $66,500 is breaking out of the trend after 10 attempts! This week we have the ECB interest rate decision, a second rate cut looks likely, the first rate cut set the pace for the US 50bps cut. Now the US look likely to cut by another 50bps in November to keep up. Altcoins are starting to look better than they have in the last two quarters. The timeline is cautiously optimistic, especially if BTC manages to breakout of the trend pattern. cautious optimism on the timeline by ProR35Updated 2
btcusdt short conditionalbtcusdt short Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position INSTRUCTIONS: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20Shortby RODDYTRADINGPublished 3
BTCUSDT: Ascending triangle waiting for breakout!BTCUSDT is forming a very clear ascending triangle pattern on the daily chart, with successively lower highs and higher lows, indicating that buying pressure is gradually increasing as the price approaches a strong resistance zone. According to the price patterns, BTCUSDT is likely to continue to fluctuate within this triangle, with short-term corrections. However, a breakout from this triangle pattern is expected, and if the price can break the resistance level of 68,000 USDT, a strong rally could push the price towards new highs in the 70,000 - 74,000 USDT zone. Trading strategy: Buy around the 62,000 - 63,000 USDT zone, where there is a confluence between the EMA and the triangle support. Take profit at 68,000 - 70,000 USDT if the price breaks the resistance, and continue to hold until the price moves up to 74,000 USDT. Stop loss if the price closes below 57,000 USDT to preserve capital in the deep decline scenario.Longby Edward_FibonacciPublished 6
BTC/USDT - Rejection from Key Level with Bearish Continuationhello guys. actually, btc surprised me! Hunting Level Rejection: Bitcoin has reached the hunting level (around $65,100), showing signs of resistance and potential reversal. The price briefly spiked into this level but faced rejection, signaling exhaustion in buying pressure. Bearish Engulfing Potential: If the price fails to hold the current level and shows a bearish engulfing pattern, it will likely initiate a downward move. This move would invalidate further bullish attempts in the short term. First Target: The first significant support zone lies around $63,100, which could act as the initial target for any downward momentum. Final Target: A stronger bearish continuation could drive the price toward $59,300 (the lower hunting level), aligning with prior accumulation zones and a solid demand area.by melikatrader94Published 1115
Bitcoin scalp long to $66500Just open second long position of the day. Bitcoin scalp long to $66500 2.5RRLongby FilnftPublished 115
$BTC Daily Analysis UpdatePlease do check my referred CRYPTOCAP:BTC analysis back two days Daily Swing is Bullish We have now mitigated the Daily supply that might cause bearish pressure to the demands down below, which will be long position opportunities once we hit the daily demands. But remember, Daily Internal and Fractal Structures are still Bearish and this recent bullish momentum could be only to mitigate upper Daily Supply zones As we have internal fractal switched to Bullish now, I play longs till price mitigates the premium daily supply and we get 4H bearish momentum to kick in I have tried to explain my expectations on the chart Please do comment If you would like to discuss any trade ideaLongby alplailaPublished 1
Bitcoin Bear Trap: A Historical Pattern Suggests a Rally Ahead!BTCUSDT technical analysis update. The Puell Multiple is a metric that compares the daily issuance of Bitcoin (in USD) to the 365-day moving average of that same issuance. When the Puell Multiple is low, it often indicates that Bitcoin is undervalued, signaling a potential accumulation phase or a bear trap. Conversely, a high Puell Multiple suggests overvaluation, often preceding market corrections. Currently, the Puell Multiple shows that Bitcoin is trading at levels consistent with previous bear traps in its market history. This pattern has appeared in the last three cycles of Bitcoin, where price action initially suggested bearish momentum before reversing sharply into a bullish trend. In the previous cycles, the Puell Multiple signaled bear traps, allowing traders to identify key accumulation points. Following these signals, Bitcoin experienced significant bullish rallies, highlighting the indicator's reliability. With the current Puell Multiple levels indicating a bear trap, we could be on the brink of a bullish rally in the coming days. Regards Hexa Longby HexaTradesPublished 3
Bitcoin Breaking Out of a 220-Day Broadening WedgeBTCUSDT technical analysis update Bitcoin has been forming a broadening wedge pattern over the past 220 days, indicating increased volatility and indecision near its previous all-time highs. Recently, BTC has been moving towards the wedge’s upper resistance line around $68K, signaling a potential bullish breakout. If confirmed, this breakout could lead to a strong upward move, with targets in the $90K-$100K range. Additionally, around $60K, the 100 and 200 EMAs are acting as strong support levels for BTC. Regards HexaLongby HexaTradesPublished 15
Finally The Main Trend Line Is About To Break👉 Sorry For Not Posting Any Thing During Last Days, I Was Waiting To Get More Data From The Market, So Let’s See What’s Happened New About The Chart 📈 Today BTC Breakout From The 63500$ Trend And Support Area And I Think Finally The Price Is About To Hit And Break The Main Trend Line Toward a 71,165$ As a Next Short Term Target Longby Bullish_TradersPublished 9
24.10.14 Whale IndexHello, I'm Whale Signal Following yesterday's analysis, I recommended that you check the early 61.8K to 62K sections based on the daily wage in this morning's update. I explained that it's still moving in the upper section In addition, the purple whale indicator at the top is likely to act as a resistance line in the event of a full-high point breakthrough, and if a strong breakthrough is made, caution is needed for the subsequent pressed section Since the time and daily closing shapes are important for whale indicators, checking the purple whale indicators at the top after the closing bars will be a more stable trading strategy For those of you who entered without checking the closing bar, I think you lost about 400 dollars. I'm sorry about that! I'll share the analysis quickly from now on The purple whale surface section, currently located at the top, is an important position that overlaps with the previous sale If the upward flow continues based on this section, we believe we can expect further upward Conversely, in the event of a breakaway and further fall, we may also consider a flow to retest the top section of the previous drop channel So, from an uptrend point of view, I think at least the purple whale surface section located in the middle should be maintained as a support line to protect If this section collapses and enters the downtrend channel again, we plan to check the direction of the market more carefully and then go on sale Under these market conditions, we share notable support, resistance, and inflection sections through whale indicators, so please refer to them The whale indicator simply points to support and resistance I hope you can take the RBI through the whale index in your analysis ***whale surface intensity*** Purple>>>Orange>>>White (Purple indicators are the strongest) More detailed analysis and continuous updates will be conducted through real-time chart sharing belowby Whale_signalPublished 5
Bitcoin (BTC): Re-testing The Broken EMAsBitcoin has made a nice 5% drop since breaking those EMAs. While sellers showed a huge dominance there, we see buyers are not going for a possible re-test where ideally we should see a successful re-test (which means a rejection and a further movement to lower zones). So, now we wait for a rejection to happen, which should result in a further movement toward the major target zone! Swallow Team Shortby SwallowPremiumPublished 111125
BITCOIN - Price can bounce down from wedge to $59000 pointsHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price declined to support line and at once bounced up to $60900 level and soon broke it. Then, price made retest and continued to move up to resistance line, after which it turned around and declined to support line. Next, price rose to resistance line, but soon started to decline inside wedge, breaking $64300 level at once. After this, price fell to support line of wedge and then bounced up to resistance line, after which started to fall. In a short time, BTC fell to support line of wedge, but recently it rose higher than $60900 level, breaking it. Now, I think that price can rise slightly and then bounce to $59000, breaking support level and exiting from wedge. If this post is useful to you, you can support me with like/boost and advice in comments❤️Shortby WalterMoonUpdated 7742
#BITCOIN ⟶ DOUBLE TOP CONFIRMED! ⟶ WHAT’S NEXT?#Bitcoin Analysis Summary Time-frame: 1 hour According to the previous analysis, following the growth in #Bitcoin, we encountered a significant resistance area (the bearish trend-line on the 1-hour time-frame and the static resistance at 62,755) 📊. In the last analysis, I outlined two scenarios for the next move in #Bitcoin: Scenario 1: Growth from this area by breaking through the mentioned resistances 📈. Scenario 2: Another dip before forming a bottom and starting the bullish trend 🔻. As a result, price behavior in this resistance zone should be the basis for decision-making regarding these two scenarios to catch the next move 🎯. What we see in the chart is the formation of a double top pattern at this resistance area. Given that the neck-line of this double top has been broken downward, this confirms the dip (based on Scenario 2) 🔽. Targets for the dip, from short-term to long-term, are as follows: Target 1: 60,791.86 Target 2: 59,892.41 Target 3: 57,868.51-58,410.33 Note: The third target is a significant support zone, and if reached, we can expect the beginning of a bullish trend based on Scenario 2 🚀. Since the last dip, which led to the break of the double top neck-line, has been more gradual than the previous growth, the exact stop-loss condition for the bearish scenario and the phase shift from bearish to bullish will be provided in the lower time frames 📉➡️📈. ............................. #Bitcoin Analysis Summary Time-frame: 15 minutes Following the confirmation of the dip in the 1-hour time-frame, the bearish trendlines can act as barriers to growth and re-enter the bearish phase 📉. Stop-loss for the bearish scenario: Breaking the slower slope bearish trendline in the 15-minute time-frame will invalidate the bearish scenario and shift the trend from bearish to bullish 🚀. Shortby Eldorado_LandPublished 15
BTCUSD Shortas Israel and Iran War is on heads so due to undone Retaliatory decision of I-S-R-A-E-L BTC is stuck in a range but technically i am seeing a drop in the price of BTCUSD as BTC can fall to its daily Support level On Weekly to Daily its in Bullish but in H4 to H1 it seems to be Bearish so i am bearish on current moment if Geopolitical tension overcomes to increases we can any unexpected move on the pair but still we are Bearish over the pair to its Daily support levelShortby Wakeel_SaabPublished 3
BTC - few more scalpsWe took the yellow path first, meaning our scalps had very little chance of playing out since they were targeting that yellow sweep. Current weekend range did a nice and clean sweep of the highs already. In the past few months we saw a few of these sweep again after CME open, a few also didn't sweep so I positioned short already on the first sweep. Will re-evaluate if I get stopped and we do another sweep. Not sure if we get the green long I'm looking for. Either frontrun it a bit or go way lower, seem more likely. In any case I'll try to long somewhere 57-58k with invalidation around 56k. Best case I'll get that 66k short first but I'm happy to down from here as well.by TealstreetPublished 3