go to 20At some point BTC will continue against S&P again and it looks like soon Longby Alex-WeigelPublished 111
Save Bitcoin profits in the price range of $64,800 to $66,500In the price range of $64,800 to $66,500, close part of the long position of Bitcoin. This price zone can lead to a price reduction or correction. If you get a sales confirmation in the 1-hour timeframe, you can enter a sell position with a reasonable risk and rewardShortby mhbaniasadiPublished 2213
Bitcoin (BTCUSDT) Ready to Explode? Massive Gains on the HorizonThe current BTCUSDT setup shows a bullish momentum on the Risological Swing Trader following the entry point at 61,732.3 on 11th October. The price has moved steadily upward, reaching the first take profit (TP1) level at 63,482.7, which confirms the continuation of the upward trend. Key Support and Resistance Levels Entry Level: The trade entered at 61,732.3, representing a critical support level where buyers stepped in to drive the price higher. This region coincides with a prior consolidation, giving confidence to the bullish breakout. Stop-Loss (SL): Positioned at 60,316.2, this acts as a strong downside protection level, slightly below the consolidation zone to avoid premature exit. Trailing Stop: The trailing stop is now placed at 62,038, and will continue moving upwards as price action progresses. This method locks in profits while allowing for additional upside potential as BTC moves towards higher targets. Trend Analysis The price is above the Risological dotted moving average support line, confirming a healthy uptrend. BTC has made consecutive higher highs and higher lows, indicating strong bullish momentum. The current breakout from the 61,732 entry zone hints at further upside potential. As BTC moves toward TP2 at 66,315.0, we can anticipate continued bullish behavior if broader market conditions remain favorable. Targets and Profit Zones The immediate target was TP1 at 63,482.7, which has been hit or surpassed, giving confidence to the bullish scenario. Next, TP2 at 66,315.0 serves as the next resistance level where some profit-taking might occur, followed by TP3 at 69,147.4 and the ultimate TP4 target at 70,897.7. Risk Management The trailing stop set at 62,038 ensures that even in the case of a pullback, the trade will lock in gains. This dynamic risk management allows the trader to maximize profit while minimizing potential losses. With BTC showing strong momentum, moving the stop closer to the price is a sound strategy to protect profits. Conclusion Overall, Bitcoin continues to show strong bullish signs as it heads toward the next resistance levels. The key will be monitoring the price action near TP2 and adjusting the trailing stop as needed. If momentum remains intact, we could see BTC testing the higher targets of 69,147.4 and 70,897.7Longby ProfitsNinjaPublished 332
#Bitcoin Update – Monday, 14.10.2024**As-salamu alaykum and Good Morning to All Brothers and Sisters!** #Bitcoin has moved exactly as I predicted in my previous analysis, and today, we see a strong bullish movement as the price has broken out of the yellow area. Not only that, but we’ve also witnessed a breakout from our major resistance (Arrow #4). This is particularly significant because it marks the **6th attempt** to break through this crucial red line. Right below this line, we’re seeing the confirmation of a new wave forming (Arrow #3). If Bitcoin manages to break and hold above the **$65,342** level, it would be a huge achievement, opening the door for the price to potentially soar toward the **$80K** mark—something I predicted a while back on the monthly timeframe. However, it’s important to remember that it’s still a bit early to fully confirm this theory. We need to see a solid confirmation before getting too excited. **What’s Next?** We find ourselves once again at a critical juncture. There are multiple important resistance levels here, with the most significant being the **red line (Arrow #2)**. If Bitcoin successfully breaks and confirms the **$65,342** level, this would be a massive win for the bulls, setting the stage for a major uptrend that could drive the price directly to **$80K**. But let’s not get ahead of ourselves—it’s too soon to confirm these scenarios just yet. For now, keep your eyes on two crucial levels: **Arrow #2** and **Arrow #3**. They will tell us where the market is headed next. **Bearish Scenario:** If Bitcoin fails to break through or retests the yellow area unsuccessfully, or if it gets rejected from the red line, we could see a retracement. In that case, Bitcoin may fall back into its previous range, signaling a return to consolidation. **#Alts (Altcoins)** Altcoins performed exceptionally well over the weekend, hitting many of the targets from our buy signals. Several alts are continuing to move upward, and we’re actively updating our altcoin list to reflect the changing market. However, I strongly suggest updating your stop-losses at this point. If Bitcoin gets rejected from the red line, we could see altcoins giving back their recent gains. Stay tuned for further updates! I wish you all a profitable week ahead—let’s make the most of this exciting market. Have a fantastic day, everyone!Longby MoonTradingForecastPublished 1
66498 as possible targetThe price has got above an Ichimoku forecast line and the chikou span has also got above it so 66498 CRYPTOCAP:USDT might be a potential target.Longby trader77974Published 1
SELL SETUP ON BTC/USDT BINANCE:BTCUSDT Btc is currently at (64,900),but I'm expecting price to get to (65,179) which is my entry point. Reason for the sell,I make use of algo market structure,so I've marked out my sweep and break(choch), Then price formed a transactional liquidity to the sell side,then structural liquidity was formed, which i marked as well,now price is currently moving to my poi, but I'm still waiting for it to get into the 30mins order block zone, which is where I set my entry at. But before I execute, i have to go down to the 15mins time frame for confirmation,and my first target is 63,000 then my final target will be 59,900.Shortby Don_SmartPublished 8
Sell setup on BTC/USDT.BINANCE:BTCUSDT I'm expecting a sell from btc, because I've identified my sweep and a break, then price formed a transactional liquidity, now it has currently swept the structural liquidity, so I marked out my entry from the 30mins order block and I'm expecting price to react firstly from 62500 before the sells continue down to 58000.Shortby Don_SmartPublished 118
Is Bitcoin Preparing for 200k?Bitcoin ha been ranging in a potential bullish flag for months. If the bulls ensures a strong bullish close above the $67,000 this week, this could interest more buyers to rally the price of Bitcoin on the continuation of a bullish swing which would eventually tag the price of $200k based on the MOBJ of the obvious bullish chart pattern detected on the weekly chart by ChartsEmpire01Published 3
BTCUSDT Dips: Sell Near Resistance or Buy at Support ?Today's BTCUSDT market movement is influenced by several key factors, along with technical signals from the chart. Key News Impacting BTCUSDT: U.S. Economic Data: Recent positive employment data from the U.S. has strengthened the dollar, which often puts downward pressure on Bitcoin as investors lean towards safe-haven assets. Regulatory Developments: Ongoing discussions around cryptocurrency regulations, particularly in the U.S. and Europe, are creating uncertainty in the market, leading to cautious trading behavior. Institutional Interest: Despite the recent pullback, institutional interest in Bitcoin remains strong, which could support prices at key levels. Technical Analysis: The BTCUSDT chart shows a significant resistance level near $65,937, where sellers have previously dominated the market. The price has now retraced from this resistance and is showing potential to move down towards the support zone around $53,967, which could provide an ideal buy opportunity for bulls. Recommended Trading Strategy: Bearish Scenario (Sell) : If BTC remains below the resistance level of $65,937 and fails to break above, a short position can be considered. Target the $58,200 level initially, with a deeper target near the $53,967 support zone. Bullish Scenario (Buy): For those waiting to buy, entering around the $53,967 support zone offers a strong potential bounce as this area has historically attracted buyers. Traders should keep an eye on news regarding regulatory shifts and institutional moves, as these could trigger rapid market changes, particularly if BTC nears critical support or resistance levels.by SuyouuUpdated 34
BTCUSDT.4HLet's take a detailed look at the BTC/USDT chart on the 4-hour timeframe. Currently, the chart presents a noteworthy setup that might indicate some key movements in the near future. Upon analyzing the price action, the most apparent feature is the descending trendline that has been exerting pressure on BTC since August. However, the price has been showing signs of resilience as evidenced by the ascending support line labeled as 'S1'. This line suggests a gradual accumulation phase as the lows are getting higher, forming a rising trendline that started around early September. The recent breakout above the intermediate resistance 'R1', which occurred after a brief consolidation phase, indicates a potential bullish reversal. If this momentum persists, I anticipate a further push towards the next significant resistance level 'R2' around $66,510.68. This move is further corroborated by the 'Pos' arrow indicating upward potential. On the technical indicators front, the Stochastic RSI is mid-range, suggesting there is room for upward movement before becoming overbought. Similarly, the MACD line is hovering just below the signal line, hinting at a possible bullish crossover if buying pressure continues. Given the current setup, my strategy would be cautiously optimistic. I recommend monitoring the price action closely as it approaches 'R2'. A successful breach of this level could validate the bullish scenario, potentially leading to a test of higher resistances. However, it's crucial to consider risk management techniques such as setting stop-loss orders below the 'S1' line to protect against unexpected downturns, as the cryptocurrency market remains highly volatile. In conclusion, the BTC/USDT pair shows promising signs of a bullish continuation if it can maintain its upward trajectory and break through key resistance levels. Investors and traders should stay alert for any signs of reversal or breakthroughs, adjusting their strategies accordingly.Longby MarsSignalsPublished 1
$BTC DAILY ANALYSISDaily Swing is Bullish , Daily Internal Bearish After Bullish BOS ( Break Of Structure ), we are having corrective pullback to the downside and price already has mitigated weekly demand range in August. Although a deeper mitigation to the level of $44.000 is very likely imo, we are currently bullish in recent minimal structure so if price keeps pushing and we get a daily candle closure above $64.450, I personally don't think the supply zone between 64.800-66.400 will cause a strong bearish momentum. And I will be following the price in LTF to catch any short positions in this recent daily supply zone, but longs are more probable as I don't think this supply will hold for long. The main Supply range, 67.000 - 70.000, is where I will be looking for confirmation short setups until I see daily internal structure switch to bullish. Longby alplailaPublished 4
BTC LONG 1HR TP 64000 - 12-10-24This 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 6
BtcUsdt H4 technical analysisEntry Criteria: Price Action: Buy if price breaks above $63,100 and confirms the break of the trendline (confirm with strong bullish momentum or high volume). Sell if price rejects $63,100 level and fails to break the trendline (sign of bearish reversal or resistance). Target Levels: Buy Target: First Target: $65,430 Sell Target: First Target: $60,105 This setup involves using key levels and trendline confirmation for entry, ensuring you have well-defined risk management with stop-loss levels to protect your position. Adjust your targets and stop-loss levels based on your risk tolerance and market volatility.by Yforex123Published 2
BTCUSD Shor Term Bullish A littleFor short-term, it looks bullish but need candle confirmation above fib golden ratio. We need to see 1st candle confirmation for today daily candle close then 2nd candle confirmation to stay above 0.618 fib golden ration. Weekly TF HMA50 resistance at around 72k, heavy resistance. by SkyitoPublished 3
Bitcoin strong bullish Double conformation given #btcusdt Strong bullish Real bullrun begins Longby jaypee4allPublished 5
BTC scalp tradeIf BTC fails to close below 62,000 than long with tp 63,000 Sl 61,800 If it closes below 62,000 than this trade will be invalidLongby Ats9Published 1
Long trade Sun 13th Oct 24 Reason: Support level and POI reached 2.14 pm (NY time) NY Session PM Pair BTCUSD Buyside trade Entry 62415.41 Profit level 63254.14 (1.34%) Stop level 62338.08 (0.12%) RR 10.85Longby davidjulien369Updated 1
BTC LongDemand zone between 62000 and 62400 on 1 hr chart is holding strong . Price looks set to push higher from here. Good long potentialLongby stevetambo32Published 4
BTC LOOK BULLISH NEXT FEW HOURSHi Guys Btc look Bullish next Few Hours , As i can see some Buyers into market Quick in and out Best of Luck Longby rintintin1981Published 2
Flag in Flag combination? ... somekind of flag in flag combination? some Fibonacci supports are good BUY entry spots, Stoch indicator is overbought... a little wait for Buy :)Longby JsTe2xPublished 2
CONGRATS IF YOU LONGED THAT - MY NEXT TRADEHere are the trades I’m targeting in this range. We saw a clear reaction from DEMMAND after a REACTION OFF 8H SUPPLY. kudos if you caught that last trade! At this point, we’ve got A FEW possible outcomes! WATCH VIDEO FOR FUL BREAKDOWN For any of these plays, I want to see a flip in structure on the 5-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 🎁 26:43by Trade-JournalPublished 3
CONGRATS IF YOU TOOK THAT TRADE - NEXT TRADE Here are the trades I’m targeting in this range. We saw a clear reaction from DEMMAND after a REACTION OFF 8H SUPPLY. kudos if you caught that last trade! At this point, we’ve got A FEW possible outcomes! WATCH VIDEO FOR FUL BREAKDOWN For any of these plays, I want to see a flip in structure on the 5-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 🎁 by Trade-JournalPublished 3
BTC Weekly Analysis: Cup and Handle Pattern Alert🚨 BTC Weekly Analysis: Cup and Handle Pattern Alert 🚨 I've been closely watching Bitcoin's weekly chart, and we're seeing a textbook Cup and Handle pattern forming. This setup is usually a strong bullish continuation signal, and I'm ready to jump in if we break out above the handle. 🔹 Entry Point: Around 66k-67k upon a confirmed breakout. 🔹 Target: Aiming for 130k. 🔹 Leverage: Suggested max 10x leverage. Starting with 30% of the position size, keeping 70% for DCA. 🔹 Stop Loss: Placing it below the handle with a weekly close as confirmation. This could be a major move, so proper risk management is key! Let’s see how the market unfolds. 💹📈 Longby CryptoHydroPublished 111