btcIf we want to access the higher areas, this green box must be supported and can break the red box with power. Otherwise, you can buy in the lower lines.
Btcusdanalysis
BTCUSDT - reached at ultimate support? What's next??#BTCUSDT.. market just reached at his ultimate supporting area n region.
That is around 57300 to 58000
Keep close that region because if market clear that region then a new selling volume can be occur.
Don't be lazy here...
Good luck
Trade wisely
Bitcoin down 2.37% is getting support at the 200EMA
I scanned through all of the lowertimeframes and I saw plenty of price turnaround from the notorious double top sell-off.
I see on the mid-timeframes that bitcoin is getting support on the 200ema.
My analysis is that Bitcoin is going much much higher soon.
The weekly cup n handle system on the weekly is a mammoth system.
Expired BTC.USD Weekly outlook. 4th WK AUG 2024Expired BTC.USD Weekly outlook. 4th WK AUG 2024
> BEARISH 📉 HIT
Prior Week Closed Price: 64,511
This Week Target Price: 60,936
Strike Price: 60,273 on AUG 27, 2024
BTC Simple & Easy Buy Setup Bitcoin overall Super Bullish.
Minor Correction on H4, You must take Advantage of this correction with minimum risk.
"Good Luck folks"
DO YOUR OWN RESEARCH & TRADE WISELY
DON'T RELY ON MY OPINIONS
BTCUSDT🔍 BTC/USDT Analysis: 1-Hour Timeframe 📉
The BTC/USDT chart on a 1-hour timeframe reveals significant upcoming dates where price movements may present trading opportunities. As always, it’s crucial to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market.
• August 31, 2024, 16:00 - Red Line: This time marks a potential local peak. Traders might consider this as a moment to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• August 27, 2024, 22:00, and September 2, 2024, 07:00 - Green Lines: These times suggest potential local lows. Traders may find favorable conditions to accumulate BTC or consider entering long positions.
When working within this 1-hour timeframe, remember that these movements should be evaluated with a global perspective, incorporating insights from higher timeframes to better understand the overall market trend.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
#Bitcoin 1D chart updated#Bitcoin 1D chart;
Bitcoin is likely to touch the upper red trend line in the short term.
Let me explain why I think so, based purely on technique, far from the < emotional thinking > that I always underline, so that it is not in the air;
< ChoCh > is also known as a trend direction change. The fact that it broke the uptrend with a hard momentum candle and then unwound to the IMB area in this region, where it can hold for now, reveals this possibility.
However
The levels indicated by the orange circles are critical.
The orange circle on the left is the highest peak of the previous month. Naturally, it is the first important hurdle to cross for now. This is the 70k level . If a close above it comes, then we can talk about bullishness. For now, we can state that no chart based on rockets and flames has any basis in reality, as we have no data to suggest that it can break here hard.
What happened at the previous highs?
Not only were the highs not broken, but the downtrend line (red) also worked as resistance.
There is no reason why the same scenario cannot work again (for now).
Of course, it should not fall below the IMB level first. If this happens, the previous monthly low below will be tested.
BTC Faces Resistance and ADA Coin Struggles SHORT...Bitcoin (BTC) continues its fluctuating movements, unable to surpass the $65,000 resistance for the second time. Despite a generally positive outlook in the crypto markets, the third-quarter performance has historically been the weakest period of the year. BTC remains calm despite several promising developments.
BTC H4 Forecast Trade WiselyOverall Trend Bullish
H4 TF bullish
Do your Own Research and Trade Wisely
Bitcoin PA since 2014 and ONE Trendline = Crucial Time nowIt cannot be much simpler than this.
One Trendline that Pa needs to remain above and that is has Dropped below only Twice previously.
And it has only just managed to get back on to that Trendline.
If we Zoom in, we can see that we aer bang on that line
Since 2024, Bulls have pushed and pushed and we have been fighting a hard battle with TradFi to get back on top. The tussle, The Tug of war continues.
If we Zoom in further and use Candles, it is very clear what needs to happen right now and, if we are honest, how fragile things could become
The Arrow here is pointing towards this weeks candle that just opened, Bang on that line and is currently Red. The Validity of this line os confirmed by thos eLong wicked Candles 3 weeks ago, testing it..We then broke through and Now, we retest it as support.
We need to keep this position above.
BTCUSDT (Bitcoin), short to 63040 in near time.Hi every body. We have more then 2K bears contracts on BTC now. Target for bears is 63040. transite level - 63900. Levels thanks to X-Lines script. Have a nice trading day ;)📉
BTC BITCOIN Technical Analysis and Trade Idea👀👉 I'm keeping a close eye on BTC right now. We’re seeing a market structure break with a higher high on the chart, along with the potential formation of a base that could lead to further upward movement. If market conditions align as discussed in the video, I'll be considering a buying opportunity.
This analysis focuses on key aspects of technical analysis, such as trend identification, price action, and market structure. We’ll also discuss a potential trade setup and examine strategies that could increase the chances of success.
Please keep in mind that this analysis is for educational purposes only and should not be taken as financial advice. The observations are speculative and do not guarantee future market outcomes. It’s important to verify current price actions before making any trading decisions.
This presentation provides a comprehensive review of the current trend, market structure, and price dynamics. However, it's important to recognize that while the information is educational, it does not guarantee trading success. Trading in the foreign exchange market carries significant risks, and we strongly advise using sound risk management techniques in all your trades.
We encourage you to do thorough research and carefully consider all factors before making any trading decisions. Stay informed, exercise caution, and approach the markets with a well-thought-out strategy. 📊✅
Bitcoin will Hit $70,000 Again! Do you agree?Hello Ladies and Gentlemen,
My expectation for Bitcoin is that it will go down a little bit to about 62,250 and then continue to rise to the 70,000 and possibly beyond.
Please comment what you think!
BTCUSDT RANGEBTCUSDT is once again in a range...
I am currently in a LONG position on BTCUSDT so luckily I am already in profit on this trade as I entered on the BIG VOLUME CANDLE.
Once again, that is what we are looking for, either candles with LARGE VOLUME going long, or short.
This is a perfect time to move up our SL and liquidate some of the position, as RANGES leave you in unknown territory.
BITCOIN Is Bullish! Heading To the Highs!After breaking the ATH (All Time High) in March, BTC has formed the a huge Bear Flag, incrementally retracing to a Weekly bullish FVG (Fair Value Gap). The +FVG has proved to be resilient, holding price from going lower... and now price is rallying from said +FVG.
Friday, price formed another +FVG on the Daily TF. This is the bullish indicator I look for to get a sense of the order flow. Should price pullback into the Daily +FVG, it will use it to move higher toward the ATH.
ICT has taught that price will move towards the "smooth edges" when seeking liquidity. Look at the path to the ATH. It is a series of highs that at relatively close together. Compare that to the lows. Price had a hugh heat seeking liquidation wick to sweep the sell side liquidity before moving higher.
The liquidity pools are above now.
Price moves from IRL->ERL->IRL. This is how a trend works. HH->HL->HH.
Price is now moving from Internal Liquidity (FVGs) to External Liquidity (HIghs/Lows). This is how the market moves. It's all about the liquidity.
BTC got stuck at $64k.Hello traders,
Here's a quick update on BTC in the 2-hour timeframe.
BTC recently rallied up to FWB:65K and formed resistance at $64.4k. So far, BTC has maintained support at $63.9k and is continually attempting to break above the resistance.
The RSI is losing momentum, with a decline in the graph indicating a bearish sentiment.
BTC needs to break above the $64.4k resistance to continue the rally. A rejection will likely pull the price down to $61.5k, where we have a support trendline.
Make sure to do your own research and analysis before investing.
Regards,
Team Dexter.
BTC broke out of its 2-3 weeks rangeHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
BTC is in downwards channel. if bullishness persist and with weak USD. could see it testing 68-69k area.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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BTCUSDTDaily Time Frame Bitcoin Analysis
The daily time frame of Bitcoin is still bearish and you can enter the trade after seeing the confirmation.
Bitcoin - Buyers Are Still In ControlBITSTAMP:BTCUSD is reversing every single rejection of the previous all time high which we saw over the past couple of months, clearly showing that buyers are still overall in control of Bitcoin.
Click link above to see detailed analysis 👆🏻
For a couple of months in a row, Bitcoin has been retesting the previous all time high which was created back in 2021 but was not able to break it towards the upside sustainably. However it is quite likely that we will soon see a bullish breakout considering that investors are literally buying every single dip and traders are too hesitant to sell their positions.
Levels to watch: $60.000
Keep your long term vision,
Philip - BasicTrading
Inverse head and shoulders? Am I seeing things? Looks like Bitcoin might pump to around 80K+ if this is the starting pump of an inverse H/S.
MACD indicates a reversal. RSI is trending up as is the volume.
The support is holding nicely at 56K
BTC Short Term Swing Short into Bullmarket Long. (56k)In this video, I break down a strategic short-term swing trade that could be catalyzed by the upcoming speech from Federal Reserve Chair Jerome Powell. Such events are known to introduce significant market volatility, offering a prime setup for a potential trade.
We'll analyze key levels that could signal a strong entry point, with a particular focus on a long trade that may pave the way for a broader bullish trend. This analysis aims to position us ahead of market movements, enabling us to capitalize on any emerging opportunities.
Stay tuned as I detail how to approach this setup with precision. If you're looking to enhance your trading strategy and stay ahead of market shifts, this is a must-watch.
Don't forget to follow this channel and enable notifications to stay updated on critical market insights and trading opportunities.
Crypto and Bitcoin Market Update - Price Forecasts and MoreIn this video, I cover where I think the markets go next, including Bitcoin, ETH and Solana.
And how the NASDAQ:IBIT has become similar to the !CME in terms of how price tends to fill any gaps.
Nobody else is talking about this, but see for yourself and start tracking the IBIT gaps on a 4 Hour chart -- You'll be amazed.
I also share potential paths, likely a dip first, then push higher toward ATH.
And a new study I've been refining based on liquidity and timing cycles, showing we're very close to a major move upward in Bitcoin and the rest of the market.
Howerver, I feel the biggest bang for your $ will be BTC, SOL, and ETH from here.
Let me know what you think, and please like the video.
Bitcoin Update: Possible ScenariosBitcoin has been in consolidation mode for about 6 months, and now it's almost time to make a decisive move.
Considering the market structure, including the highs and lows, I expect BTC to make another low before heading towards a new ATH. We have two important main support levels at $44K and $37K, where the price could bounce back in case of a market crash in the upcoming month.
I find the scenario of support at $37K more probable than the other two scenarios:
a bounce back from the $44K level
or in a bullish scenario, breaking the last high at $70K to make new highs towards $100K
DYOR
