Btcusdbuy
BTCUSDT Near Strong Trendline Support!BITSTAMP:BTCUSD Techncial analssyso update
BTC price is currently trading at the 200 EMA level, which will act as strong support on the 4-hour chart. Additionally, the price is approaching the trend support line, which is considered a key support level for BTC. The volume profile also indicates significant support in the $ 94K-$96K range. A strong bounce from this level can be expected
Regards
Hexa
BTCUSDT CORRECTION OR REVERSAL?BTCUSDT CORRECTION OR REVERSAL?
Hello, colleagues!
So, what we have in the middle of the trading week:
Since the last review Bitcoin managed to rewrite its high once again and reached above 108K on the Bitstamp exchange.
Also yesterday was the Fed meeting, the decision of which was to lower the rate by another 25 basis points and followed by the traditional J. Powell conference, during and after which the shedding started in many markets.
#BTC
As for bitcoin specifically, the correction was asked for a long time ago and the asset corrected only by 9% from its high and this decline cannot be called unexpected. At the moment, BTC continues to stay in the trend and there is still room for the correction to continue at least to the upward support at $97-98K and we can't exclude the stabbing even lower, to the trading boundary at 94K. But, in general, from these values I expect a buyback and continuation of growth.
I expect such another near-term decline, mentioned above, within the framework of working out of the candlestick formation Absorption on 1D. For the first time in a long time the asset showed a strong bearish candle and just covered the gap for the last weekend on the CME exchange. In any case, a correction is necessary for any healthy market, whether bullish or bearish.
If we compare each post-halving cycle on the logarithmic chart of the 1Mes TF, we can see that the asset has continued to rise for at least another year. Therefore, there is every chance to continue rising until at least Spring 2025, or even Q4.
Overbought Warning: Exercise Caution in Current Market Cycles
⚠️ Overbought Warning: Exercise Caution in Current Market Cycles ⚠️
Bitcoin and many altcoins are significantly overbought in their respective cycles. 🚨
Caution is strongly advised.
Avoid jumping into investments late in the 1-week cycle. Instead, wait for the cycle to dip below 20 before considering an entry. 📉
🧠 Quick Recap: How to Use the Cycle Signals
- ✅ Green Zone = Potential Buy Signal
- 🚫 Red Zone = Potential Sell Signal
We’ve been in the red zone for a considerable amount of time now, signaling heightened risk. A retracement appears likely, so patience is key!
⏳ The Danger of FOMO
It’s tempting to trade when:
- The market moves 24/7 🌐
- Influencers flaunt their PnL cards 📊
- News and activity are constant. 📢
But jumping into an overheated market can lead to losses, not gains.
✅ What to Do Instead:
- Don’t chase the hype.
- Missed a 10-15% gain? No problem! Compare that to the profits from buying in the green zone and selling in the red—you’ll make far more with less risk.
🔑 Stay Smart, Stay Patient
Remember: **There’s nothing worse than watching your portfolio bleed daily.** Avoid the stress by simply waiting for better cycle opportunities. 💡
This is not financial advice. Always do your own research! 📖
BTC LONG TP:113k 16-12-2024The upward trend is expected to continue, targeting a rise towards 113k, with a potential spike reaching between 116k and 118k. Ideal entry points are around 104k to 106k, while stop losses should be set below 101k-102k. Make sure to adjust everything according to your trading style. This projection should materialize within 24 to 30 hours; otherwise, it may need to be discarded. Stay updated with market developments. #Bitcoin #Trading
Bitcoin | Low Timeframe TradeIf the market breaks below the red line, I will place an order at 98.464$ as shown in the figure. This is a low timeframe trade and please do not take too much risk on it. I usually do my analysis in the high timeframe and take most of my risk there.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Bitcoin: How to Trade the Ranges Like a ProWe are in a relative range.
The reactions from the 0.5 levels are proof of this.
In a similar analysis, I had previously made one of the best trades that could be made in BTC.
The manipulations of this range at the 0.25 and -1.25 levels are not very regular.
Also, the movements it makes are far from creating symmetry, so we cannot compare this analysis to the previous one.
How to trade here? First of all, we are not in any serious demand area and it would not be wise to assume that there is any serious resistance range.
So what will we do? We will try to find entries from the upper and lower parts of this range. My short analysis on the upper part is available here.
The initiative at the bottom can be the Range Low and the green line.
So can the price continue down without giving a short opportunity? Of course it can, in this case our stop loss order will be triggered. I don't like to take high risk in such non-serious demand areas. However, I don't want to neglect a point that can give 1 to 3-4 in the lower area of the range. If my long order comes, I will take a large part of my profit on the upper part of the range, pull my stop to the entry and open the short trade.
Don't hesitate to carry two trades in two directions, especially if the price seems to form a range. And when the price starts to go voluminously below or above the range, definitely let your stop order be executed and stop your loss.
If you think this helps you, please don't forget to boost and comment on this. These motivate me to share with you.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
BITCOIN | IF DECLINE GOES DEEPERThe possibility of a deepening decline appears serious, and it’s essential to stay prepared for such scenarios. I have identified my hedge short levels at the red boxes, which I consider key areas for managing risk and capitalizing on potential downward movements.
Monitoring these levels closely will be crucial to adapting effectively to the market's evolving structure.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Bitcoin, we're testing a correction...Bitcoin, we're testing a correction...
Not to scare anyone, testing 3 situations..... on the last developed tool.
1. growth on the last 2 fractal structures is over, so a fall follows and the trend will change, but the older structure allows maximum growth around 118000.
2. a global decline follows around 46/43000 and then 37/36000/ on the current chart.
3. very, very soon we are in for a correction in the 66666 area..... many altcoins will probably make a new low and then a rapid rise - here I am testing a correction following a growth pattern. ....
I wrote for the future.
...This is not investment advice.
...If anyone finds my postings useful and wants to thank me, they can always find me in the comments.
Disclaimer, the author of this article has not and will not open positions in bitcoins, this article is a way to analyze the price, do not open positions based on the above.
Bitcoin What to do and where to run to?Bitcoin What to do and where to run to?
Friends, don't forget to click like 🚀 under the idea, it's important.
Divergence in trading is a multidirectional movement of the price chart and indicator. On the chart, the price of an asset moves in one direction, while the technical indicator that follows it moves in the opposite direction.
Divergence warns that the current price trend may weaken and in some cases may lead to a change in price direction.
In this case, we observe a double bearish divergence on the 1D timeframe. This is a powerful correction signal. All traders see it, which will logically lead to fixing positions or opening shorts.
What will happen next?
Two main scenarios now:
1. Sellers are active and as a consequence - local correction and sideways from current values.
2. Sellers are active, but the market maker is pushing prices higher and removing sellers' stops. This will lead to a triple divergence and will further strengthen the sellers. As a result - a powerful correction and trading at the lower levels.
At the moment, both scenarios have equal priority and the decision will be determined by the balance of power in the moment. The scales of the market maker may tip to either side.
Write in the comments, what is your mood? Do you want to sell or strong hold?
Bitcoin Eyes $107K: Key Levels to WatchBitcoin is showing bullish momentum, breaking through the key intraday resistance around $102,000. However, given the weekend, I am keeping my expectations realistic.
1. Ideally, I’d like to see either (A) a quick dip below $101,662 followed by a prompt recovery, or (B) sustained price action above $101,662. Both scenarios would significantly increase the likelihood of a bullish move toward the critical resistance at $107,000 in the coming days (as per the green projections).
2. Conversely, a drop below $98,984 could lead to choppy price action, a considerable slowdown in momentum, and a high probability of retesting the $94,650 level.
Bitcoin's Bullish Run and Record HighBitcoin's meteoric rise has captivated the world, with its price surging to record highs and traders setting their sights on even more ambitious targets. As the cryptocurrency market experiences a bullish "Santa Claus Rally," Bitcoin traders are now targeting a staggering $120,000 price level.
Bitcoin's Bullish Run and Record High
Bitcoin's recent rally has been fueled by a confluence of factors, including increased institutional adoption, growing global interest, and favorable macroeconomic conditions. The cryptocurrency has consistently broken new price records, surpassing the $100,000 mark and even reaching heights above $106,000.
However, the market's optimism has been tempered by concerns about the potential impact of a "hawkish rate cut" by the Federal Reserve. While a rate cut is generally considered bullish for risk assets like Bitcoin, a hawkish tone from the Fed could dampen sentiment and lead to a price correction.
The Fed's Impact on Bitcoin
The Federal Reserve's monetary policy decisions have a significant influence on the cryptocurrency market. A rate cut can stimulate economic growth and increase liquidity, which can benefit Bitcoin and other digital assets. However, if the Fed signals a less accommodative stance or hints at future rate hikes, it could lead to a sell-off in the market.
Bitcoin's price has historically been correlated with traditional financial markets, and the Fed's actions can have a ripple effect on the cryptocurrency's value. Therefore, traders are closely monitoring the Fed's announcements and any potential shifts in its monetary policy.
Bitcoin's Potential as a Reserve Asset
Another factor that could increase Bitcoin's price is its increasing adoption as a reserve asset by institutions and governments. Several countries have expressed interest in incorporating Bitcoin into their national reserves, recognizing its potential as a store of value and a hedge against inflation.
If major economies start accumulating Bitcoin as a reserve asset, it could significantly increase demand for the cryptocurrency and drive its price to new highs. This development could further solidify Bitcoin's position as a digital gold and a valuable asset for investors.
The Road to $120,000
While the $120,000 price target may seem ambitious, it is not entirely out of reach. If the bullish momentum continues, supported by strong institutional adoption, favorable macroeconomic conditions, and potential positive developments in the regulatory landscape, Bitcoin could very well surpass this milestone.
However, it is important to approach the cryptocurrency market with caution and to be aware of the inherent risks involved. Bitcoin is a highly volatile asset, and its price can fluctuate significantly in a short period. Traders should conduct thorough research, diversify their portfolios, and consider consulting with financial advisors before making investment decisions.
In conclusion, Bitcoin's recent rally has been impressive, and the cryptocurrency's potential for further growth remains significant. While the Fed's monetary policy decisions and broader macroeconomic conditions will continue to influence the market, the increasing adoption of Bitcoin as a reserve asset and the growing interest from institutional investors could drive its price to new heights. As Bitcoin traders set their sights on the $120,000 target, it is crucial to maintain a balanced perspective and to be prepared for both upside and downside risks.
Bitcoin, we have to talk !FIRST AND FOR MOST, CONGRATS EVERYONE ON 100K !
Now, I don’t even know what to say, honestly. Right now, we’re in a bit of a situationship with Bitcoin.
You see those two trendlines (red and green)? Yeah, they’re a problem.
Both are drawn from the 2017 market cycle peak and the two 2021 market cycle peaks. (We can argue all day about which one was the real top, but honestly, that’s irrelevant in this situation.)
The real question is: what makes a trendline valid?
A valid trendline needs to touch three points, right? And here’s the catch—we can argue that these trendlines are missing that third peak to be considered valid.
Exactly. My point is that we might actually be making that third peak right now. If that happens, the trendline gets validated, and we’d have—ugh, I hate to say it—a market cycle top. In the best-case scenario, it’s just a local top.
The volume has been decreasing on the daily chart since we first breached 100k. This suggests there isn’t much conviction behind the slow grind higher we’ve been seeing. but hey its a grind i'll take it.
But nothing is guaranteed. Let’s just watch and tread carefully.
P.S. ETH hasn’t hit a new ATH yet, so I’m not saying it’s game over for the market. But for Bitcoin? Yeah, it might be. how and ETH is not even challenging the ATH , I don’t know.
Can Bitcoin slice through them like they don’t even exist? Yes, it absolutely can.
"That's it, that's the idea" - Good night !
btc long"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
BTC dell 120.000$📊 BTCUSDT Analysis:
Current Price: $102,859.06
Sell Zone: Near $120,000.00 (🟢 Major resistance)
Support Zone: $77,777.00 (🛡️ Key level for potential rebound)
🚨 Signal:
Bearish Scenario: If BTC reaches $120,000.00, it’s a sell opportunity 📉.
Bullish Scenario: In a strong bull trend (📈), you can buy dips around $77,777.00 (🚀 support area).
💡 Strategy:
Take profits near $120,000.00 🎯 if already holding BTC.
Watch for entries at $77,777.00 🔍 if BTC retraces.
📈 Trend: Overall Bullish unless support at $93,175 or $77,777 breaks (🔻).
🔐 Risk Management:
Stop-loss for buys: Below $73,316.18 (⚠️ Critical level).
Let me know if you need further clarification or tailored strategies!
BTCUSD 4-Hour Chart AnalysisOverview :
I previously had doubts about whether BTCUSD would rise or fall, but this time I'm quite confident. There's a high probability that it will break through the middle line of the channel and start an upward trend. 📈
Key Technical Indicators :
Ascending Channel Analysis :
- Channel Middle Line Breakout: The price is poised to break through the middle line of the ascending channel 📊, which is a significant bullish signal. This suggests that the previous consolidation phase might be coming to an end, paving the way for a new upward movement.
- Support & Resistance: The channel's support and resistance lines have been tested multiple times, indicating their reliability. The recent price action near the support line suggests a strong buying interest at these levels. 🔒
Volume Analysis :
- Increasing Volume: Notice the increase in volume during the recent price movements 📈, especially around the channel's support line. This indicates growing interest from both retail and institutional investors, often a precursor to significant price movements.
- Volume Spikes: The volume spikes at critical levels suggest strong market reactions, either to buying or selling pressure. The recent volume increase near the support line supports the idea of an imminent breakout. 💥
Fake Breakout :
- Bearish Trap: The recent fake breakout below the channel support 👇 adds to the bullish narrative. This "fake breakout" often traps bearish traders, leading to a sharp reversal as these positions get liquidated. 🏦
Moving Averages :
- Golden Cross: The crossing of the shorter-term moving average (yellow line) above the longer-term moving average (purple line) is a classic bullish signal, known as a Golden Cross 🔄. This crossover indicates a shift in momentum from bearish to bullish.
Conclusion :
- Given the current technical indicators, including the ascending channel, increasing volume, and the fake breakout, BTCUSD is poised for a significant upward movement 🚀. The breakout above the middle line of the channel will likely confirm this bullish trend. Keep a close watch on the middle line for confirmation of the breakout. 🔍
Trading Strategy :
- Entry Point: Consider entering a long position if the price breaks above the middle line of the channel with strong volume. 📈
- Stop Loss: Place a stop loss below the recent support level to manage risk. 🛑
Take Profit: Set take profit levels at previous resistance levels or use a trailing stop to maximize gains. 🎯
Risk Management :
- Position Sizing: Ensure your position size is appropriate for your risk tolerance. ⚖️
- Diversification: Do not put all your funds into a single trade; diversify across different assets. 🌐
Market Sentiment :
- Social Media & News: Monitor social media and news for any significant developments that might affect Bitcoin's price, such as regulatory news or major adoption announcements. 📰
BTCUSDT Trade LogBTCUSDT Continuation Setup
Trade Idea:
- Target downside liquidity to approximately $98,500 with a short, followed by a high-confluence long entry in the 4H/Daily FVG.
Short Setup:
- Target: $98,500 to capture downside liquidity.
- Stop-loss: Tight stop above $101,500 to manage risk.
- Confluence:
- 4H OB rejection.
- Rising wedge breakdown aligning with bearish structure.
Long Setup:
- Entry Zone: Around $98,500 , in the 4H/Daily FVG for a discounted entry.
- Target:
- TP1 at $101,500 .
- TP2 at $104,000 , targeting liquidity above the weak high.
- Confluence:
- 4H and daily Kijun support.
- Strong reaction potential after liquidity grab at $98,500 .
Quick Take:
This strategy aims to capture both short-term downside liquidity and the subsequent bullish continuation. Ensure confirmation on both sides for precise execution!
BTCUSDT Trade Log BTCUSDT 1H Short Setup
Trade Idea:
- Short from the micro FVG in a premium zone after rejecting an Order Block (OB).
Confluence:
- Rising Wedge: Bearish wedge structure showing signs of exhaustion.
- Bearish Divergences: RSI and CVD indicate weakening momentum.
- Macro Pressure: Bybit fined in the Netherlands for fraud; Flow Traders withdrew €157M in BTC—both signal potential bearish sentiment.
Risk-Reward:
- Tight stop-loss above the OB/FVG zone.
- 1:2 RRR targeting liquidity levels below $98,000.
Quick Take:
Macro events and bearish divergences align for a strong short opportunity. Stay cautious of volatility and confirm rejection before full entry!
BTC/USDT: Head and Shoulders Pattern with Bullish Continuation Phello guys.
let's dive into btcusdt!
Analysis:
Inverse Head and Shoulders Pattern:
A clear inverse head and shoulders pattern is visible on the 4-hour chart, signaling a potential trend reversal.
The head is formed at 93,842 USDT, with left and right shoulders forming near 96,598 USDT.
Neckline Resistance: The neckline resistance at 102,698 USDT has been tested multiple times, hinting at potential upward momentum.
Fib Retracement Levels:
The 0.618 Fibonacci retracement level at 96,598 USDT acted as strong support for the right shoulder.
The breakout target aligns with the 108,991 USDT zone, derived from the measured move of the pattern.
Bullish Projection: The price could rally toward the 105,798 USDT mid-resistance zone, with a higher probability of reaching the 108,991 USDT target.
Summary:
Support Levels:
96,598 USDT (Fibonacci and right shoulder support).
93,842 USDT (head level).
Resistance Levels:
102,698 USDT (neckline).
108,991 USDT (target zone).
Outlook: A confirmed breakout above 102,698 USDT could lead to a sharp upward move, targeting the 108,991 USDT zone.
Trade Idea: Watch for a neckline breakout with strong volume or consider a pullback toward the right shoulder for better risk-to-reward opportunities.