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"May's Bitcoin Options: Deep Insights & Strategy 🎯"Fellow traders, let's delve deeper into our Bitcoin options analysis, which includes option clusters, max pain price points, oversold and overbought territories, and weekly biases. According to the chart, the $28,000-$29,000 zone appears to be a prime opportunity to buy BTC throughout the month, capitalizing on dips within the equilibrium zone. Targeting the weekly oversold zones at $30,000-$31,000 seems fitting, and for those who want to aim higher, the monthly oversold territory at $32,000 is also worth considering. To manage positions effectively, consider taking half profits off the table once the price reaches these targets and move your stop loss to breakeven. This approach allows for the possibility of the monthly options market paranoia cluster playing out, keeping your strategy flexible and adaptable. Stay ahead in the ever-evolving Bitcoin market with these deeper insights and strategic trading tips. Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always do your own research and consult with a financial professional before making any investment decisions.
BITSTAMP:BTCUSDLong
by Investing_Bridge
Bitcoin Quarterly Time Pattern A chart can help frame your mindset for whats to come and I hope this chart and outline below helps you frame and prepare yourself to the 9 bull quarters remaining (over 2 years of waiting ahead or 27 months). I used the Heikin Ashi candles as visually I found them better at inflection points for determining the trend change from bear to bull (5th to 6th Quarters). Main take aways from this chart - MAIN THING IS PATIENCE AND TO BE ON OUR TOES IN Q4 2026. We should be taking profits as early as October and the majority in November. - There are 4 years between all time highs so we project next ATH Quarter will be Q4 2026. - 5 Bear Quarters are followed by 11 Bull Quarters. - We are in the 2nd Quarter of an 11 Quarter Bull Run. Patience required. - We have never seen just one green Heikin Ashi Candle so we can expect another relatively green quarter in Q3. This is saying a lot and is not the expectation. That does not mean that we could bounce off the Q2 lows of $23,190. Regardless probability Q3 would finish green (based on history) is high despite BEAR NEWS. No guarantees, just more probable based on the chart. In contrast, the weekly candles look like they could in fact turn over to the red, however we are looking at the Quarterly chart and even with some weekly red candles Q3 could still be Green. All Time Highs on this quarterly chart are all in late Q4 and 4 years apart. December 2013 - $1,258 December 2017 - $19,789 November 2022 - $32,210 to $68,675 (Fib Ext 1.618 to 2.618) November 2026 - $109,781 to $176,000 (Fib Ext 1.618 to 2.618) AGAIN!!! The MAIN THING IS PATIENCE AND TO BE ON OUR TOES IN Q4 2026. We should be taking profits as early as October and the majority in November. Patience Friends PUKA
INDEX:BTCUSDLong
by PukaCharts
Fakeout at 28,500$ Daily level? 😼 Setup : FakeoutLooking for a bounce back up for a retest of 28,500 before returning to the downside. We haev 2 days left in this Weekly Candle. I can see the weekly candle closing below 28,500. If we do this, we can anticipate a top wick retest on the next weekly candle back around 28 to 28,500 Area where we will look for short setups. I think we became a bit over extended here for the bulls. There are popular posts talking about taking more buys. This did not play out and price is ruthlessly coming back down taking out buyers from previous few weeks who have held the bag. I'm anticipating a bounce but a deadcat bounce for more shorts.
COINBASE:BTCUSDLong
by ShrewdCatfx
2
Bitcoin Daily Chart View | OKXIDEASHello traders, Bitcoin is setting up for a both sided, if you interested in sell then you just need to wait for price to break the 50 simple moving average and also the 26940 level with the candle body not wick and if you interested in buy and you have your own reasons to buy bitcoin you just need confirmation then simply look for price to breakout the white wedge and also 30020 level after that you can buy bitcoin according to your own trading system or strategy. I am currently just waiting for price to break from any side, until that time there is no trade opportunity on bitcoin it is just ranging around 26000 to 30000 levels. Bitcoin day traders are well know that they can trade bitcoin on short-term time frame in ranging market. This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis. I wish you good luck in trading.
by TheLoserMan
btc near major resistance zoonHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. Now major supports are: A. 26000$ daily support B. 23500$ major Fibonacci support levels major Resistances are: A. 30000$ Channel retest of breakout B. 32000$ major Daily resistance
by bullstraders7
BITCOIN - Keep it simple (first down, then very up)Watch the video, hopefully it is self explanatory. If not - drop a message down below! TL;DR Short term I think Bitcoin will consolidate further, in an extreme move we could even see prices below 20k. But if that happens, I expect it to turn out to be a bear trap. I don't think we will see another low for Bitcoin. Even though we are likely heading lower in the short term, I remain very bullish for Bitcoin. PS: There is actually more to the analysis than that, but I tried to keep it as short and simple as possible. If you want more explanation, e.g. why I think we've seen the bottom in Bitcoin, let me know in the comments.
INDEX:BTCUSD
by UniqueCharts
BTC - Are we in a Bull Market?Hi guys. Welcome to my Macro TA analysis on Bitcoin and the bull case. I like to use different tools to see if i can find patterns that things clear, especially for long term/ macro trends. Since it is becoming more likely that we are in the beginning stages of a bull market atleast for bitcoin. Its now necessary to keep an eye and find confluences. What i have on my charts today are: 2 moving averages Blue line = 50 month moving average Yellow line = 21 month moving average 2 indicators 1. Wave trend oscillator 2. ADX and DI These 2 indicators i like because they help establish direction of trend by marking overbought or oversold areas. Gives somewhat of a picture on momentum as well NOw lets first look at our moving averages the Blue and Yellow lines. Just looking at the placement of the candles in relation to the lines. Anytime we are above the yellow, we are in a bull market Anytime we interact with the blue, its marked a solid BUY opportunity. But taking a focus on the yellow line, as to stay on topic with our title. The green circles highlight everytime we've interacted with the yellow line coming from the blue line. Very important to highlight this, as we are CURRENTLY in the process of interacting with yellow line. We are also going to close APrils monthly candle, so how we react to the yellow line is key to knowing if we are indeed in a bull market. OUr previous data points (2 in #), which is not many. Indicates that it takes 1 candle to hover right below yellow line, BUT the next monthly candle breaks through the yellow line. So perhaps MAY we do get above yellow line. Remember, however that this does not mean its definite. It is not a definite or sure thing we repeat history. Its more about probabilities. But one way to use this in trading, would be to see what we do in May and June, and if their is a confirmation candle during Junes close. That can be an opportunity to get in for the entire duration of bull market. Now lets look at the 2 indicators. 1. Wave Oscillator -> Normally i use this in a way to determine buys and sells. And i would buy if the green line goes to the lower horizontal dotted green/ lined green combo at the bottom. And sell when the green line gets over the red horizontal line. But what im using this now for is how it moves or reacts when we get to yellow line. What i came up with is, mainly looking for curvatures and placement of green line with red dots. From previous 2 green circles, green line has to be on top of the red dots and the green line should be curved upwards. Currently we have both of those happening and we are at a lower low compared to previous times we repeated this. This is a great thing but there is a slight danger. Since this indicator is creating a lower low and price action is creating higher low as indicated by the white trend lines. This is a bearish divergence. We need to be watchful of this. If this plays out, we can see drop in price. Probability of this playing out for now is low as well. 2. ADX & DI - For this we have to note the white boxes drawn. These atleast the previous one, indicates a bear market. Ive highlighted the 2015 area because it is similar to how we are acting on ADX DI currently. One thing to note and in this chart goes against the bull case or has not yet confirmed yet. Is that the white line or moving average, needs to be curved/ pointed UPWARDS to indicate a bull case. And we must keep an eye on this as well. Currently we are showing a bull cross of green line being over the red line which is a good sign so far. If in the next couple months, the white line does curve UPWARDS. That would make this inddicator supportive of the bull case, in my opinion. CONCLUSION: AS per this analysis on the MOnthly time frame. We are still not yet in a CONFIRMED bull market. However, the current interactions with the yellow moving average, the upward curve of the Wave Trend Oscillator and its green line being on top of red dots indicate we are perhas 1 to 2 months away frm confirming. We have to keep observing the ADX and its white line particularly. If it curves up, this will support the bull case. One danger is the bearish divergence on wave oscillator. But remember confluence is more support of divergences, meaning if multiple indicators 3+ are showing it, it may be MORE likely. So it is something to search for. (be on the look out for an analysis lo0king for divergence). All in all, we could be in the beginning stage of a BULL MARKET, and next 2 or so months will be crucial for BITCOIN, how it interacts with yellow line if above or if pushed lower, if ADX white line curves up and if wave trend oscillator cointunues its upward trajectory towards red zone. Hope this sheds some light on Bitcoin. If you enjoyed this, please boost, follow and if you have any thoughts of your own COMMENT. I'd like to know what you think. Also ill be posting updates not only for crypto but other markets as well. DISCLAIMER: This is not financial advise, i am not a financial advisor. The conent expressed here are my opinion only and for educational purpose. Always remember to focus on risk management when trading and to protect yourself with stop losses.
BITSTAMP:BTCUSD
by SafofAllTrades
BTC Bitcoin Head and Shoulders Chart PatternBTC Bitcoin has manifested a technical analysis chart pattern commonly known as a "Head and Shoulders" formation, indicating a potential bearish trend. The Head and Shoulders Bearish Chart Pattern is a technical analysis chart pattern that is typically formed by three peaks in a security's price action. The first and third peaks are known as "shoulders," while the second peak is called the "head." The pattern is often viewed as a signal of a potential trend reversal from bullish to bearish, as it suggests that the security's price has reached a high point and may soon decline. The target price of the pattern is typically calculated by measuring the distance between the head and the "neckline" (a line drawn connecting the two shoulders), and projecting that distance downward from the neckline. Based on this pattern, it is estimated that the price may decline first to a target level of $27175, then to $23280. Looking forward to read your opinion about it.
Short
by TopgOptions
1
BTC correction starts .. When to expect bounce?BTC / USDT In my previous BTC analysis, I expected the correction to start from 32k-29k which is happening now (check my previous analysis in attachment below ) Are the bulls still in control and when to expect bounce ? Simply, we can say as long as price is closing above 25k key level in high time frames .. Bulls are in control BTC can bounce from any local support levels but the ideal point according to parabolic curve is around 25k (also act as a major support) and my midterm target are 36k-38k In mean while, Dominance of BTC is showing weakness which is good news for altcoins market in coming days but keep watching it for any further update Appreciate your support by rockets and comments Any questions or ideas please share with us ⬇️
BITSTAMP:BTCUSDLong
by Babenski
124
BITCOIN TO 60K AGAIN !hello, I present to you my simple analysis of bitcoin this year 2023 therefore following FIBONACCI RETRACTION (respected since 2017) and the pullback on the annual closing levels We conclude that: >> either bitcoin has already made a small pullback in March on the annual closing zone (1.618) and will go towards 40k (3.618) then 50k (4.618) then 60k (5.618) >> either we will have another correction towards the annual closing zone (1.618) after the rise and in this case we will enter thank you for commenting on my analysis good luck to all
BITSTAMP:BTCUSD
by R1TRAD
3 Days Waiting / Setup : Fakeout / Daily TF 📉 Have been waiting patiently for Shorts to Setup on BTC. I'm not totally convinced of this rally as you can observe. This trade is in anticipation that the Daily timeframe will respect the Daily and Weekly Levels in Between 28 to 28.5K. Although this retest of our Daily Level looks quite daunting, selling into strength shouldn't be too much of an issue because of the amount of orders at this level previously 28,300. It's worth a shot given the RR and the previous Weekly Engulfing Candle. I typically stick to scalping but this Fakeout Looks clear as day and so I have no issue risking some profits with reduced risk and attempting something different then the usual.
COINBASE:BTCUSDShort
by ShrewdCatfx