📊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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Btcusdtanalysis
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.
🔻 BTCUSDT 🔻 SHORT - Local on 01/09BTC 1-hour Chart - BINANCE:BTCUSDT COINBASE:BTCUSDT BINANCE:BTCUSDT.P KRAKEN:BTCUSDT
The global targets I previously mentioned are currently being confirmed, and BTC has executed a bearish manipulation towards the 27500 targets.
Locally, after an impulsive downward movement, liquidity was removed, and we observed a rebound.
Subsequently, the market entered a small range.
I anticipate the removal of liquidity on both sides of the range, rebalancing, and further downward movement towards the primary targets.
I've identified local targets that could lead to corrective movement.
P.S. If you find this idea interesting, hit the "Rocket" 🚀 (👇). It would be greatly appreciated and motivates me to continue sharing my market insights.
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BTCUSDT heading fro hourly support, likely to bounce from thereTwo trade ideas here for this. One short and then the other long. The price is rejected from 4h resistance 4HR1 and currently pulling back. I think the price is heading for hourly support HS1. Once the price reaches there, it is likely to bounce from there providing an entry for long trade.
Bitcoin New Low?Speculative forecast for a potential new low around mid-november with a $14,353 target. Seems like a nice enough number to trick the bulls into assuming 15.4k will hold whilst also painfully disappointing the bears who wait for 8-13k.
DCA throughout the levels is the safest play. Accurate entries to nail the bottom is anybody's guess.
BTC great SHORT OPPORTUNITY and the LOW BEFORE BULL12h time frame
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Market's short position is too heavy so far
I think we need a huge pump to liquidate them all, then start the last dump in this bear cycle
If go up to 28000 to create a HS, which target will be aligned with the harmonic pattern(18085~18600)
It'd be the first important price that we can try to buy spot before bull
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Short trading plan
Entry: 27766~28548
TP: 18085~18600
SL: 29830
📈Bitcoin weekly prediction, 23K or 31K?📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders.
Due to the increase in trading volume in the last candles, I'm going to do some weekly Bitcoin analysis.
In the next few days, Bitcoin is expected to stabilize around the 24K - 26.8K.
If the price breaks below the mentioned area, the price will drop to the level of 24,080 (probably price receive support here) and then 22,500.
last stage for price decrease, is around 21K. (red area)
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BTC/USDT D ( downtrend & longterm ) BINANCE:BTCUSDT
Hey there dear attendants
It will be a pleasure if you could brace me with your supportive likes & comments if you would have tested my strategies
According to my analysis the downtrend of btc has been started and we should wait for 17000
is not financial advice
SasanSeifi 💁♂️BTC.Watching Key Levels for Potential Breakouts❗Hey there, buddy!✌️
By examining the chart in the daily timeframe, as you can see, The price has been moving back and forth between $31,000 and $29,500, showing a consolidation pattern with decent trading volume. It's crucial to keep an eye on the support level at $29,500 to see if it holds. Now, here are a couple of scenarios to consider:
Scenario 1: If the price breaks below the liquidity range, confirms a sell signal, and drops below the important support level of $29,500, we might see a correction towards $29,000, $28,400, and even $27,400. It's important to see how the price reacts to these support levels to understand the next move.💹
Scenario 2: On the flip side, if the price manages to break above the strong resistance levels at $31,400 and $32,000 and stays above them, there's a chance for further upside towards $34,000 and $36,000.💹
⭕️Remember, this analysis is for informational purposes only and shouldn't be considered investment advice.
Wishing you loads of success in your trading adventures, my friend!✌️
❎ (DYOR)...⚠️⚜️
🔹Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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