Btcusdtanalysis
BTCUSDT at hourly resistance, likely to retraceThis short idea was originally from yesterday when the price bounced on the first hit of the daily support zone DS1, but did not have confidence to execute it. The bounce of the price was expected on both occassions when the price hit the daily support. Specially a very nice entry was there from the bottom of the support zone. I think the price is going back to the support zone again and therefore a short trade will be favorable here. The target should be the bottom of the daily support zone, 29736.
Bitcoin Road Map(15-Min)🗺️!!!Bitcoin fell again to the bottom of the Rectangle pattern and the 🟢 support zone($29,860-$29,420) 🟢; however, considering the momentum of Bitcoin's fall, I expect the growth of these few hours to be a corrective structure.
To better view the Rectangle pattern , see the post below.👇
Bitcoin was able to complete the Zigzag correction(ABC/5-3-5) on the 🔴 resistance zone($30,500-$30,370) 🔴.
I expect Bitcoin to fall back to the 🟢 support zone($29,860-$29,420) 🟢.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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BTCUSDT--34K or 25K ??Observations:
If we see on the weekly chart the previous demand zone is clearly resisting the price to go up.
on bottom side price has taken the support from previous supply zone/Resistance Acts as support and price moves up.
Weekly analysis...
Daily Analysis::
If we see on daily analysis...the price is in a range from few days...
the previous supply zone is resisting the price to gg down.
If price breaks this zone then only we have a chance of short oppurtunity...
A rally base rally is going to observe if price breaks this range, on upside.
No retest is observed after breaking the trendline as well...if it wants to test this 34000 wants to acts as resistance.
BTCUSDT heading to daily support, long favorable from thereI expect the price to head towards daily support DS1. The price is currently trading between 4h resistance 4HR1 and daily support DS1. A long will be favorable from the daily support zone DS1 if the price hits there. Lets see when and how we reach there. The tarrget of this trade should be first 4h resistance 4HR1 and then 4HR2.
BTCUSDT to head down towards 4h support around 30636The price has been pushed back by the 4h resistance 4HR2. That was a level to take a short, on the retest of the resistance after initial push down, and that was favored probabilistically. However, we have yet another chance to take a short from the retest of the 4h resistance zone from LTF reistance. The price is expected to head towards the next support level 4HS1 around 30636.
BTCUSDT to head towards 4h resistance 31136-31236The 4h resistance 4HR1 is holding the price back. The price was pushed back down from that resistance zone towards 4h support 4HS1 after our last trade concluded. After that it has moved up to the resistance zone again and has attempted on LTF several times to go beyond it but everytime it has been pushed back.However, it seems that the resistance will give the way for the price to move higher towards 4h resistance 4HR2. Please keep in mind that this is a short time frame trade analysis. The price for long time frame, I will discuss that in a separate post.
BTCUSDT - what to do with bitcoin in the new week?Everything I thought I told you in the video.
The new week is going to be powerful. We have a very important candlestick opening.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
BTCUSDT at daily support, may bounce to 30636The price dropped from 4h resistance 4HR2, which was our target for last long trade, to the daily support zone DS1. The price bounced from there only to revisit this support again. I think a long is suitable and favorable from this support zone again. I expect the price to again move towards 4h resistance zone 4HR1. That should be our target for this long trade.
BTCUSDT at 4h support, long it to 31166-31236The price has retraced from the 4h resistance zone 4HR1. Now it has hit the 4h support zone 4HS1. This can be our entry for the long trade. I expect the price to break 4h resistance 4HR1 on this attempt. Therefore lets target 4h resistance zone 4HR2 for this long trade. This resistance sits around 31166-31236.
BTCUSDT close to daily support, likely to bounce to 30636-30736The price moved according to out expectation for the last trade we took a few days ago. It did not quite reach the resistance zone target but came quite close to it. I could not provide any update after that as I was traveling. The price came back and hit the daily support which was again a level to go long. The price bounced from there and came back again when pushed down by newly formed 4h resistance zone 4HR1. The price again bounced to 4h resistance zone 4HR1 to meet the same fate. Currently the price is again heading towards daily support DS1 and likely to hit it quite soon. I think a long should be favorable again from there towards the 4h resistance 4HR1. Do you think this will work out again like other bounces from DS1 zone?
BTCUSDT H1 : Setup for long Hi Guys , Hope you well
We have two scenario for long ,we can go up with break the bearish trendline, but i agree with go down to hit the liquidity and then upward . please check your own setup. And do the best.
SecondChanceCrypto
⏰27/JUNE/23
⛔️DYOR
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TOTALMARKETCAP :CRYPTOHi Guys Hope you well.
As it was said, the downtrend channel was broken and made a significant growth. Now I am waiting to reach the daily supply area, after which we can move towards the trend again. Just note that due to the dominance of Bitcoin, the status of other altcoins is different from Bitcoin.
SecondChanceCrypto
⏰25/JUNE/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
🚨 BTCUSD HIGH PROBABILITY BUY SETUP 🚨🚨 BTCUSD HIGH PROBABILITY BUY SETUP 🚨
* Here we can see clearly the next potential move for Bitcoin coming hours.
* Baring in mind this is going to be a QUICK SCALPING BUY MOVE.
* Before Reversal Happening SOON.
* EP(BUY): 30831.25
* TP: 31290.23
* SL: 30493.42
* Keep your eye close on your trading positIons.
* Happy pip hunting traders.
* FXKILLA *
Bitcoin Cup & Handle Bullish!CME:BTC1!
CRYPTOCAP:BTC has printed a massive Cup & Handle.
Also looks like an Inverse Head & Shoulders.
Idea tagged as Neutral, as I need to see more confirmation - read below:
Measured move to 48k over time.
Requires Break and Flip of the Breakout level around 31k.
Plan A: Long Break and Retest of 31.5k level - if you're a pro trader you can look for lower bounce ideas prior to the breakout - but gathering data every second.
Plan B: Short to Possible Pullback level and watch for hold of this support for next attempt or further downside to.
No Prediction - Preparation. When CRYPTOCAP:BTC moves we move.
Thanks for all the support from my followers!
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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