Btcusdtanalysis
📊#BTC will continue to rise through an ascending channel📈
🔥Yesterday, we suggested that there may be a correction after encountering resistance after approaching the selling zone 2. We locked in some profits in unity and the correction began as expected. Now we have obtained support in the inflection point zone and are still running well in the ascending channel. The bulls are strong Still in a dominant position.📈
Hope we can return to selling zone 2 again🙏
let us see👀
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BTC Update🚀 #BTC Update: Breaking Barriers Continues! 🚀
The Bitcoin (#BTC) saga continues with breathtaking developments! 📈
Today, the resistance at $26.8k has been decisively shattered, and #BTC is now confidently trading at $27,290. 🚀 The path ahead is clear, with no significant resistance until the $28k mark! 🌟
📊 Current Price: $27,290 (approximate)
🎯 Next Target: $28,000 and beyond
This remarkable breakthrough signifies an extraordinary surge in bullish momentum. The crypto world is electrified as #BTC embarks on a journey towards uncharted territory.
🔍 What's Next?
With no immediate resistance in sight until $28k, the stage is set for potential further gains. Keep a watchful eye on the charts, observe trading volumes, and stay attuned to market sentiment.
💪 Breaking Through! Today's achievement is a testament to the strength of Bitcoin and the resilience of the crypto community. Let's continue to ride this wave together!
#BTC #Crypto #Cryptocurrency 🌊🚀
BTC USDT 4 HR TF Outlook. BINANCE:BTCUSDT
According to my 4-hour BTC USDT analysis, the price is showing the same pattern as ETH. BTC is expected to move upwards from the current level of 26,598. The stop-loss for this trade is 26,350, and the target is 27,000-27,300. The last two 4-hour candles have shown a rejection on the downside, which indicates that buyers are pushing the price upwards.
In other words, the price is currently in a range, but there is bullish momentum building. Buyers are expected to push the price higher to hunt the stop-losses of sellers and to take out the liquidity on the upside.
Please note that this is just my analysis and is not financial advice. Please do your own research before making any investment decisions.
📊#BTC's last upward attack, can it succeed❓🧠After rising for 2 days and 16 hours, we encountered a key turning point resistance area. Now it is the third time we have started to attack upward. I think this time is likely to be the last time.
➡️If we cannot successfully break through the key resistance area this time, then we are likely to start a new round of decline. Of course, I hope that we can successfully break through. If successful, then we may go to sell zone 2.
let us see👀
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BTCUSDT - AnalysisBTCUSDT
W1 - The price is trading in the channel - 31830 - 24860. The most likely scenario is that the price may remain in the channel in the near future, and we can expect the price to move to the level of 31830.
To determine the exit from the channel and the possible start of continued movement:
Long – consolidation and retest of level 31830. Further upward movement to levels 45880 – 68680.
Short - consolidation and retest of the level of 34860. Further movement down to the levels of 19500 - 15470.
What can you expect?
Movements within the channel - with targets 28110 - 30880
Long
Targets - 27300 - 28110 - 28930
Long-term perspective – targets 28110 – 28930 – 30880.
BTC potential reversal zone 29.5k12h time frame
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According to previous analysis, Bitcoin made a false breakout(or stop hunting) again.
This PA usually creates V shape as we see recently, current question is where does this pump reach, I think the top of this pump is the best opportunity to short before next BTC halving in 2024.
If we take a step back, there is a potential harmonic pattern(shark structure), its D point(PRZ) is aligned with Fibonacci retracement 0.382(as we analyzed before). Therefore, if Bitcoin can maintain this pump, it might reach the end at around 29500.
Entry: 29500
TP: 18000~20000
SL: 30500
Look Beyond BTC : Counters get you REKTHi Traders, Investors and Speculators of Charts📈📉
The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. Trading Bitcoin NOW can be tempting, especially when prices are actively moving. However, acting on impulse without a plan leads to reckless gambling more often than not. Savvy traders wait patiently for ideal opportunities with defined risk-reward ratios.
Rather than reactively jumping into trades, experienced traders proactively plan out trades and target entries. This means identifying key price levels in advance where the risk-reward ratio is favorable. For example, if your analysis shows a strong support level for Bitcoin at $23,000, you would wait to buy until that price is reached rather than FOMO shorting at $25,000. Executing trades according to a plan have higher success rates than jumping-the-moving-train trades.
Look Beyond Bitcoin.
BTC grabs attention when it moves, but plenty of other assets offer worthwhile trading opportunities. Expand your watchlist across stocks, forex, commodities, indexes, and more. Evaluate which markets are exhibiting solid technical setups or fundamental catalysts right now. Don't feel pressured to trade BTC just because it's moving. Sometimes the best trade is no trade if conditions aren't ideal.
By targeting defined entry levels, expanding your watchlist, and waiting patiently for prime risk-reward setups, you take the gamble out of trading. Plan your next trade systematically instead of trading impulsively on emotion. This approach leads to consistent profitability over the long-term.
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Bitcoin - Nobody expects such a move.3 month liquidity hited. Level 31730.
6 month liquidity hited. Level 31730.
these levels also coincide with the fibonacci level. this is the seller's discount zone 0.5%
What is interesting is that the monthly high was also taken out, by the previous maximum.
There is still a gap below that needs to be covered.
Nobody expects such a move.
Recently, miners have put bitcoins on exchanges to hedge, I don't know how to find this information correctly.
There is no greed in the market, but there is some liveliness of the market, I started to hear a lot about 32 35 40 thousand dollars for bitcoin from some young analysts.
These are all thoughts in the ear, if you have an alternative opinion, please write.
BTCUSDT at 4h support and likely to head up towards 26600The original swing trade is on but here is another trade idea on shorter time frame. The price has pulled back to 4h support and I think it is likely to bounce from here towards 4h resistance. Therefore, a long trade is favorable here towards 26600.
📊I have a crazy plan for BTC💥The current market sentiment is mainly biased towards the short forces. It is undeniable that I am also a member of the short forces.📉
But after comparing the PA before and after, I discovered an interesting phenomenon, that is, before each plunge, it will rise to sweep the previous high, in order to collect enough liquidity to make the decline more explosive.💥
➡️So I did a trajectory simulation of a possible rising N-type structure📈
🍻If I succeed, please contact me if you want to participate in the next project. It is not easy to make. If you choose to support me, please give me a reward of 10 US dollars, and I will share the next perfect plan with you.🌕
✔️If I fail, I will send everyone a red envelope in my trading channel.🧧
Guys, do you think this plan will work?
I tried to reveal this plan to the whales.🐋
👏Welcome everyone’s messages and comments💬
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BTC 1H trading plan1H time frame
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After huge pump from 24900, Bitcoin starts consolidating currently.
From the perspective of long, Bitcoin is creating a potential continuation pattern, such as a triangle structure. Therefore, we can focus on the support strength at 25700, if the support is workable for Bitcoin, trading plan will be triggered as below.
TP: 27385
SL: 25420
📊#BTC now faces two structure options, which would you prefer❓1.The rising wedge structure will cause us to fall and lose buy zone 1 support, and may take back the entire rally.
2.The N-shaped ascending structure will allow us to extend the strength of the rally to sell zone 2 or even 3
➡️Please choose your preferred structural model and post your reasons for wanting it in the comments section
💌Or leave me a message to discuss your thoughts☕️
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BTC makes False-breakout again1h time frame
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This market got a comparable big dump yesterday, then BTC creates a false-breakout at 25000 such like the scenario occurred on June 23rd.
The Price Action increases the possibility about right shoulder pattern, which top is around 28350~29150.
We are still under the downtrend on higher time frame, so avoid putting lots margin on long, better to find opportunity to open short!
BITCOIN IN 6 HOURS TIMEFRAME.Greetings, fellow traders,
I want to share an update on Bitcoin (BTC) within the 6-hour timeframe.
BTC has broken out of a triangle pattern and is showing promising signs. After yesterday's drop to $24.9k, BTC made a commendable recovery, rising back to $26.3k. If you've been following my previous updates, you'll recall that I mentioned support around $24k. Judging by the current state of BTC, it appears we can anticipate further upward movement in the coming days.
In this timeframe, it's important to keep an eye on the FWB:25K level, as a drop below this point could alter the outlook. On a broader timeframe, the solid support rests at $24k.
I trust you find this update informative and valuable for your trading decisions.
Best regards,
Team Dexter
BTC recent target 275654h time frame
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Bitcoin creating the similar structure with previous one, formed from Aug 23rd to Aug 29th.
Getting support again at 25700, according to the symmetrical pattern, Bitcoin has potential to reach 27565 in near future. Therefore, we can set up a plan as below.
TP: 27565
SL: 25090
📊What if #BTC did not hold the wedge support line?🧠In my opinion, if BTC fails to hold the wedge support line, and there is a huge dump, then it means that the correction phase is over. Note that we have to sweep the previous low to declare the end of the correction phase
☕️This is my interesting guess on the possible future trajectory of BTC. What do you think?
Bitcoin seems to have started an interesting story with a sweet Bitcoin seems to have started an interesting story with a sweet ending. This suggests that there are forces behind the scenes that are deliberately creating these games. In any case, the analysis of Bitcoin shows that there are gaps that Bitcoin is filling, and the closest one has started a decline. That decline is a gap around the price of $19,592, after which we will have a sharp decline. However, this is a definite and undeniable fact, but I do not know if Bitcoin's path will suddenly change and rise now. I only know that if the decline continues in this way, the first point that can be touched will be $19,592.