Btcusdt Long setupBtcusdt made a cup & handle pattern on price action
handle of the cup or flag is in the making we can trade between
the range.
Buying is recommended at the area of
54650 to 44700 with the stoploss of 36900
For the target area of Tp1 84000 Tp2 115000 & trail.
If you're a leverage trader buy at above the
breakout area of 74000. SL below 66000
Target remains the same
Btcusdtlong
Bitcoin - The ATH is STILL COMING ! Here's Why👉📉 BTC-USDT with Elliot Wave Theory Analysis 📈
I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far.
As I've discussed in previous posts, BTC normally stops at a -30% correction. That will put us HERE exactly:
The good news about this, is that wen the corrective wave (Wave 3-4) is over, we can expect the final impulse wave up (Wave 4-5). We may yet still see another ATH in the near future!
Remember that correction waves also consists out of smaller corrective ABC waves, as seen in the next chart.
According to Elliot Wave Theory Math, our next target should be the FINAL ATH :
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BINANCE:BTCUSDT
📈Bitcoin on its way to $80K? / Serial analysis on BTC📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders.
⚡️ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr.
📈 What to Expect Next?
💡The price of Bitcoin is in a vital situation. As long as the price is above the BB midline, the bullish scenario is quite valid.
The bullish scenario targets are on the price chart.
🔑Key Insights:
The level of $72,784 is the optimal level for risk-freeing long positions.
The risk of this position is lower in the upward direction due to the price trend. But in the case of falling prices, a possible scenario is drawn in the chart.
📉On the other hand, if the price fails to receive the necessary support at the mentioned level, the bearish scenario will be activated around the target of $69,400.
A price stabilization below the middle line of the Bollinger Band can push the price down to pullback to the pitchfork.
◀️Reverse scenario:
🔴Major and hidden divergences are also plotted in the chart. The $67000 level is Bitcoin's support in a bearish scenario.
🔴The main divergence is related to the OBV indicator, which reinforces the bearish scenario.
On the other hand, the hidden divergence is related to the RSI indicator, which reinforces the bullish scenario.
🔴The failure of specified support level will bring Bitcoin down to around $65,100.
✅Entering a bearish or bullish scenario with the help of price behavior above or below the 4-hour Bollinger midline can be the most optimal strategy in the current market conditions.
BTCUSDT long from 4h support 62.6k-63.0kThe price finally went deep into the 4h support 4HS1 and presented an ideal opportunity to go long. That is a good support zone and therefore I have taken this long. The price may head way beyond the target. But for now we keep that as a target of this trade and we will revavluate later to continue this trade further towards 4HR1 and 4HR2. Let me know what you think in the comments.
BTCUSDT: Drops Towards $53000 region may help us hitting $80000.BINANCE:BTCUSDT price currently in making of AB=CD pattern, it is likely to touch and reject at the $53000 which area remain crucial for most of the swing investors. The following news we can significant impact in the crypto market also 50k to 53k area remain extremely bullish. With accurate entry at 530000 area when we can target 80-100k possibly.
BTCUSD: Go long at support
Judging from the graph, there will be another decline, and there is a high probability that a strong support will be formed near 59500. I have marked the approximate position on the graph.
After the price reaches this point, start going long, rebound to near the upper resistance, and take profits in batches. Pay attention to risk control during the transaction, and leave me a message if you have any questions.
If you succeed in the "BTC" retest, it will go up to hereHi friends nice to meet you I will share BTC RBI
Bitcoin Is In Retesting After Breaking through Long-Term downtrend line.
If the retest succeeds, the final goal will be at the top of the box pattern.
Check the blue long-term upward trend line
If there is a little more adjustment, it will be a target value.
#BTC/USDT#BTC
The price is moving in a cross channel on the 12-hour frame and sticking to it well
The price rebounded well from the lower channel limit at the green support level 60,000 to 62,000 $ .
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
The recovery is expected to begin gradually on the first of May, especially after the halving event
Entry price is 62,000
The first target is 67,800
Second target 73760
The third goal is 80,000
Fourth goal 85112
BTCUSDT at 4h support, likely to bounce towards 60000Here is a new long trade idea. The last trade got stopped out in spite of the price bouncing from the support we identified. The price has currently moved lower to a 4h support zone 4HS1 and likely to bounce from here to provide a long trade opportunity. If this support breaks then we are likely heading for weekly support WS1 around 51000. Since the momentum is on the downside and the current support 4HS1 is not that significant, I am keeping the position size small. The resistances on the way up are 4HR1, DR1 and WR1. For this trade, we aim for the first resistance 4HR1 and depending on how it reacts there, we can aim for DR1 with a partial position size. Lets see where we go from here. Let me know what you think in the comments.
(BTCUSD) needs positive momentumThe largest cryptocurrency in the world recorded its highest levels ever
Expected scenario: continuation of the upward trend
Bitcoin (BTCUSD) price trading stabilizes around the 70200 level after the rise it witnessed yesterday, and we notice that the Stochastic indicator is showing negative signs that hinder the price’s mission to continue rising, waiting to gather positive momentum that will contribute to pushing the price to resume the upward wave that targets the 73700 level as the next main station.
We will continue to favor the upward trend for the coming period, relying on the positive effect of the previously completed double bottom pattern, while recalling the importance of stability above 68200 as a first condition for the continuation of the expected upward wave.
The largest cryptocurrency in the world recorded its highest levels ever
The prices of the digital currency "Bitcoin" fell during trading on Friday as part of a process of breathing and profit-taking, and under the pressure of the continued rise in the levels of the US dollar ahead of the release of important economic data from the United States.
The largest cryptocurrency in the world, “Bitcoin,” provided the best quarterly performance in a year during the first quarter of this year, and recorded earlier in March trading its highest levels ever, thanks to financial flows linked to funds traded on American stock exchanges.
Throughout the trading of the first quarter of this year, which officially ends at settlement today, next Sunday, Bitcoin prices have so far risen by more than 65%, on the verge of achieving the second quarterly gain in a row, and the largest quarterly gain since the first quarter of last year. .
On Thursday, March 14, the largest cryptocurrency in the world recorded its highest levels ever at $73,794, thanks to record flows into the market and successive regulatory approvals in most parts of the world, and after Micro Strategy announced the second largest A purchase you have been making since you started owning Bitcoin approximately four years ago
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Where is the end point of Bitcoin's bullish trend?In my opinion, today seems to be Bitcoin's last bullish day.
Likely, tonight or tomorrow, we might witness a small FOMO wave leading to the range of $73,000 to $74,000 ( Area $3.80~$3.75 USDT.D)
I suggest you read the previous 3 analyzes.
I would be happy if you share your opinion with me.
Give me energy by liking and following me.
Where does the Bitcoin downtrend continue to?Hello dear friends, I hope you're doing well. Before delving into Solana and Bitcoin analysis, let me reiterate two important points for newcomers and myself:
1. If you haven't profited from market dips or experienced severe liquidation, take a few days off from the market.
2. Avoid entering the market for revenge, as emotional decisions could lead to further losses.
As you can see, Bitcoin experienced an 18% drop from the $73,600 ceiling and reached a support level of $60,000.
The question arises: Is the $60,000 range an attractive zone for market makers or major players? My answer is a resounding no, for several reasons.
As I've mentioned before, the $60,000 range serves more as a psychological barrier than a significant support level.
Market makers reinforce this range so you can comfortably take long positions at $20k, $40k, or $80k without worry, or even go full margin long.
In my opinion, the $60,000 range is the biggest bull trap that market makers have set for us.
Within less than a week before the halving, the $60,000 range has been strongly supported, but 8 to 10 days later, CZ's criminal sentencing area awaits us.
Considering the current dominance of Tether and the breakdown of the rising wedge bearish pattern, we could look to open short positions in the $64,500 to 68,000$ range. The likelihood of this scenario playing out is very high.
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Here are the potential scenarios for Tether's dominance:
1. A move of 4.7%, breaking the resistance at 5% and reaching the 5.85 range, which is the channel's midpoint.
2. A correction to the 4.5 to 4.36% range to complete the upward pullback, followed by a move towards the 5.85 range, which is the channel's midpoint.
Therefore, we conclude that Tether's dominance is very bullish. It's likely that the $60,000 support range will be broken, and the price will drop to $45,000 (the 5.85 USDT.D range).
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The Elliott Wave count I conducted in the previous analysis on the RSI indicator is nearing completion. Wave A has been completed.
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I'd be happy to share your opinion with me. Your likes, follows, and comments give me energy.
BTCUSD: $33000 AND THEN $37000Hope everyone having a great weekend, we need to address few things in here, firstly we expecting price to breakthrough consolidation and create a expansion retracement. Price needs to fill the voided area and as the price is bullish, it is very unlikely for price to drop heavily as there are no major economical data supporting it.
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USD Dominance analysis. Good for BTC Trade.Hello everyone, i want share my idea about USDT Dominance.
I will use that analysis for BTC Swing Trade.
USDT Dominance tested weekly resistance where it got rejection 3 times, price fell to 4.60 LVL where was buyers but if we look price action sellers take control and correction of bitcoin has end. bitcoin tested 60000-59000 support zone where it got pretty good reaction from buyers.
If we look total crypto market chart we will see, buyers take control and the price action came back to uptrend, in my opinion BTC correction done, now its time for new high but what will be next stop who knows.
At USDT dominance i am pretty bearish, uptrend price action losing momentum. my 3 scene of price action will show am right or not>
TIP! After i start analysis at USDT Dominance my BTC Trades win rate has raised, price action is not absolutely same of BTC but when here we have huge moves, most comes to BTC, when i want to open trade at BTC first i am looking total crypto market cap and USDT Dominance.
Always make your own research!!!
Iran attacked Israel what impact can it have on Bitcoin?😱#Bitcoin Weekly Technical Analysis 📈
Bitcoin surpassed its previous all-time high of $69,028, reaching a new peak at $73,773. Currently, it's trading above a strong support level ranging from $64,500 to $66,300, which is considered a robust technical support zone. As the week concludes, Bitcoin needs to hold above this support area.
The price of Bitcoin declined towards the week's end due to news about tensions between Israel and Iran.
If Bitcoin remains within this range, it could consolidate or potentially drop further. It's wise to observe and wait for the market to stabilize before making any decisions.
Stay tuned for further updates.
CRYPTOCAP:BTC BINANCE:BTCUSDT BINANCE:BTCUSDT
20 hours left in Bitcoin halving, what do you expect?#Bitcoin Update
Bitcoin's price dropped quickly when news broke of a potential conflict between Israel and Iran. It nearly reached a support level but then started recovering fast. This shows that the market is optimistic, but we're still stuck in a price range, so it's best to wait for a breakout.
If the price stays above this support level, we can expect a bounce upwards. However, if it breaks below this level, we might see the price drop toward $50,000.
Currently, the 100-day Simple Moving Average (SMA) is acting as support, and this blue line is strong support, which is around 50k.
20 hours left in Bitcoin halving, what do you expect?
I'll continue to provide updates, so stay tuned for more information.
#Crypto #BitcoinHalving CRYPTOCAP:BTC $BTCUS BINANCE:BTCUSDT