BTC Channel down Broken upIf we look at 4 hour timeframe, Expanding channel up support able to hold bearish wave,
and BTC already success break channel down. This is a good news for bullish, not only for BTC, but also for all alt coin.
We have 74.055 previous high as target, with maximum target at fibonaci 1.414 at 82.285
If this channel up broken down, we have 59.800 as next fibonacci support to hold bearish movement.
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Happy trading, May profit be with you.
BTCUSDTPERP
📊#BTC rebounded as expected, what’s next❓💥We made a correction based on the hourly short structure. After the short target is achieved, there is an expectation of rebound. Therefore, we found a buying opportunity in the 6-hour buying zone yesterday and successfully reached the TP zone. At the same time, we locked in the main profit. Then expect more without the risk. Congratulations to all the friends who followed Wolf King to print money and successfully obtained 800%+ income.🎉💰🎊
🧠From a structural point of view, the hourly level short structure is not enough to reverse the daily level bull trend. Therefore, if we want to complete the daily level correction, then we at least need to build a daily level short structure. However, we can enter daily and weekly level corrections, but it cannot change the monthly level bull trend, so we ultimately maintain a positive and bullish attitude towards the market.
➡️Hopefully we can continue to build a cup-and-handle bullish structure here, continuing the continuation of bull power.🙏
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Bitcoin Increase in the Coming Hours🧐🏃♂️Bitcoin is moving near the 🟡 Potential Reversal Zone(PRZ)($63,000-$61,800) 🟡,the lower line of the descending channel and 🟡 Time Reversal Zone(TRZ) 🟡.
🔔I expect Bitcoin to temporarily rise to at least the upper line of the descending channel and then the 🔴 Resistance zone($70,600-$68,400) 🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDT heading towards daily support around 60000The price broke down invalidating our previous trade. Currently it is bouncing from 4h support 4HS1, and I have taken a small position here which I will close around 65000. The price is approaching towards daily support zone DS1 on this drop. This is a broad zone. However, the more robust area is the mid of the zone marked in dark green shade. I think the price has a high probability of bouncing from the dark green zone. I will take a long from the green zone scaling more into as it goes deeper there.
📊BTC may continue to rise according to the smiley face structur🧠From a structural point of view, we have constructed a smiling face bullish structure in the buy zone. Combined with the expectation of a rebound after the short target is achieved, we have a high probability that we will continue to rise.
Let's see👀
⚠️At the same time, don’t forget about risk management.
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📊#BTC next structural evolution ideas🧠🧠We have also entered the correction stage after completing the daily level target, which is very reasonable. The daily level correction cannot be completed in a short time, and there is still about one month left before the production reduction. This month’s There should be more complex consolidation stages in time.
➡️From a structural point of view, the hourly short target area has been realized, so there is a rebound expected in the 6h area. If we build a cup-and-handle bullish structure after the rebound, then we will use this structure as a supporting force to continue to rise.
➡️If we fail to successfully build an hourly-level long structure and choose to fall, then we will most likely go to the daily-level buying zone, and then we can focus on buying opportunities in this area.
Let's see👀
⚠️At the same time, don’t forget about risk management.
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📊#BTC may have ended its correction👀➡️As I said in my last post, if we want to make a correction at the daily level, then we need a larger period short structure as a supporting force.
🧠From a wave theory perspective, it appears that we have completed Wave 5.
➡️From a structural point of view, our short target has not been fully realized, that is, it has not reached the buying zone that I am concerned about, so there will be some contradictions here.
➡️If we form a long structure near the buy zone, then we may be able to use this structure as support to begin a rebound.📈
Let's see👀
⚠️At the same time, don’t forget about risk management.
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BTC try to break falling wedge patternHi, welcome to my analysis, I have a new pattern for BTC
we have correction wave from 14 mar, and perform falling wedge pattern.
at 1 hour timeframe, BTC already break this pattern and we already have candle close above falling wedge resistance.
This pattern profit projection at previous high at $74.055, but we also have fibonacci support at 0.618 with this support our second target at $79.801
Good luck
I will update this analysis if I found a new key level.
BTCUSD We still in bullishHi welcome to my analysis,
If we look at 4 hours timeframe, bearish today only a correction wave, and BTC still inside expanding channel up.
Right now we have fibonacci support zone at $66.519 to $64.735 to hold bearish , If this support broken down,
we still have channel up support at $59.218
If this support able to hold bearish, My target at $75.055 previous high and maximum target at fibonacci 1.618 projection at $79.801
Warren Buffett : “Be fearful when others are greedy, and be greedy when others are fearful.”
Happy Trading,
May profit be with you
📊#BTC adjustment is not over yet⚠️🧠Pessimistic things still happen, but as expected, corrections are a normal phenomenon, and the corresponding adjustment level will not be too small after the daily level target is achieved, so we should pay attention to the 4-hour level correction rather than the small cycle.
➡️For the general direction, we are still in a bullish trend, so we should look for more opportunities to do long. Even if it is to enter a correction at the daily level, a 4-hour level short structure should be constructed here, otherwise a short structure with a too small period will not be able to reverse the overall bullish trend.
Let's be a little more patient☕️
⚠️At the same time, don’t forget about risk management.
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BTCUSD road to 75K$Bitcoin perform a great bullish with Bullish pennant and Symmertical triangle pattern.
If this pattern broken up, we have 2 target :
$66365 as symmetrical triangle profit projection and
$75508 as Bullish pennant profit projection
If this pattern broken down, we have $57487 - $56029 as fibonacci support to hold bearish movement.
Happy trading, Good luck
Will BTCUSD drop significantly?
Rely on technical aspects. The market still maintains a strong upward trend. The first point is the universalization and value-added of digital currency, which is also the first choice to resist inflation. The second is continued weakness in the dollar, and the third is increased demand. Three simple points outline BTC’s strength. At the same time, mysterious buyers always cover their positions at low levels. The above adds strong support to the bottom of BTC.
BITSTAMP:BTCUSD CRYPTOCAP:BTC INDEX:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSD
Whether it is value investing or short-term speculation, I think the time to buy is sooner or later. Just need to measure your own financial situation. Can you bear the risk of a correction?
Based on the above, the following suggestions for buying BTC are given. The prices are based on tradingview's prices.
BTCUSD No. 1 Buying Position 72614
BTCUSD 2nd buying position 71535
BTCUSD 3rd buying position 70500
The strong support below relies on 70k, which is an important integer level.
📊#BTC reaches the ideal target zone, cautious callback risk⚠️🧠As we set new highs again and again, my vigilance also increased a lot. At present, we have successfully reached the daily level target area, and what we have to do is to reduce our holdings or close our positions.⚙️
➡️Because the realization of the daily level target means that the daily level adjustment expectations have appeared, so I would not be surprised if it falls from here.☕️
➡️From a graphic point of view, we are rising according to the wedge model, which is not a very good signal. It often starts to fall according to this pattern.📉
➡️Although the views I expressed are somewhat pessimistic, I still stick to my principle and don’t go short! ! ! Because judging from the structure of the weekly and monthly levels, we are still in a bullish trend.
⚠️At the same time, don’t forget about risk management.
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📊#BTC is about to reach the ideal target zone🎯🧠Our divergence near the historical high is still relatively large, the fluctuations are much greater than before, and the difficulty of trading has also increased a lot, so I have recently reduced the trading frequency. Preventing a sharp retracement of profits is also an important part of the trading system. ✔️
➡️From a structural point of view, we are about to reach the ideal target area at the daily level. Reaching the ideal target area means that there is a probability that we will make adjustments at the daily level, so we need to maintain a cautious attitude.⚠️
➡️Although there is an expectation of adjustment, I will not go short because there is a long structure in the larger cycle. It is most reasonable and most profitable to continue to go long after the correction is over.✔️
Let's see👀
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Move coming for Bitcoin! My current TA suggests the next move for BTC is coming. However, which way? There are two possible scenarios. Scenario 1 will be an upside move with a move towards 77k. Scenario 2 will see a corrective move for BTC. I personally believe we will see scenario 1 play out. Most traders believe BTC will see a corrective move and I feel there will be a lot of short liquidations.
Let's see what happens ;)
Bitcoin Short Trend Reversal(Mid term)Started DCA Shorting BTC from above 68000.
Stoploss flat 69000.(1.5%)
Pretty much clean setup on this one with nice RR. Taking it won't hurt much because of the tighter stoploss.
Targeting 61k and 55k.
The price if holds here can see a significant downside.
I opened a position after very long time hopefully this will go good.
Note: Not a Financial Advice.
Bitcoin will Fall after🚨Bull Trap🚨🏃♂️Bitcoin is moving in the 🔴 Resistance zone($69,000_$65,000) 🔴.
📈From the point of view of Classic Technical Analysis , it seems that a Rising Wedge Pattern has been formed, although, at the same time, we seem to have witnessed a Bull Trap , and this Bull Trap caused a new All-Time High(ATH=$69,990) to be created for Bitcoin.
📚What is the 🐮Bull Trap🐮❗️❓
🔸 After a minimal rise, the bull trap forms when analysts and traders expect the price to move upward, so traders open their long positions, hoping for the price to go up. However, that’s not the case. The price goes down, trapping those traders who thought otherwise.
🔸In this case, traders without correct stop losses suffer heavy losses. They are the so-called bull trap fallen.
🔔I expect Bitcoin to fall to at least one of the Fibonacci levels( after completing the pullback to the lower line of the Rising Wedge Pattern .
❗️⚠️Note⚠️❗️: If Bitcoin makes a new ATH again, the analysis will be failed.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC…whats coming next ? BTC / USDT
BTC is seeing a significant surge in price by more than 13k since my last analysis! (see in the attachment below)
⚜️ CHART ANALYSIS:
We can see BTC is moving in a massive ascending channel since 3 years !
The middle-line of channel acted as important S/R key level its also equates the 0.618 fibo level thats why after breaking out this level with strong volume 2 weeks ago, I published my last bullish idea about BTC is targeting 100k !
⚜️ So whats coming next here :
According to my view,Iam bullish and The possible scenarios are:
1- Break ATH first, pullback and continuation toward near 100k
2- Pullback first toward the middle line of channel and then breakout ATH
I tried to simplify my view as much as i can
Whats ur opinion and thoughts? and what scenario has higher chance for you ?
Don't forget to support this analysis and follow for more ideas, setups and analysis
Best of wishes.
BTC short term SellHi, It is not a detailed analysis so be sure to make your own before taking a position...
with that said, I am looking for btc to retreat for couple days.
It should bounce back up to 67,000$ - 67,100$
If it starts moving down after. Then a 1:2 short position is pretty reasonable to me.
stay safe...
BTC BULL TARGET 2025As BTC will go Higher And Higher with respective correction of 20% to 30%. BTC top Can Not Be predictable but 190k is the conviction price for this bull cycle..
Real Game starts after halving Done If you Don't Understand Much In Crypto BUY What I suggest Here:-
This Cycle Higher Price
ARB $15-$20
VRA $.20-$0.30
FTM $6-$8
Dot $100
Ada $5-$10
Manta $20-$35
Allocate what you can afford :)
BTC RETURN POSSIBLITYWe have seen 2 times rejections from the trend of ATH. BTC will stay RISKY for the next correction until the trend gets confirmed up the ATH.
The ATH area will stay a risky trend for high correction which can bring BTC again below 60K.
We can speak only about healthy trends when BTC targets up ATH with confirmations and the right time frames. Until now BTC has not made this confirmation.
After the New ATH of Bitcoin, what should we expect (Reasons)❗️❓😱Today, a new All-Time High(ATH) was created in most of the exchanges . Perhaps the movement of Bitcoin last week surprised many people, and many did not expect Bitcoin to touch All-Time High(ATH) before the new Halving . But it was expected that Bitcoin would react near the previous All-Time High(ATH), and the same happened. There are many reasons why Bitcoin should be corrected ( Fear and Greed index, Open Interest value, etc.).
💡 Bitcoin has started to decline from the 🔴 Resistance zone($69,000_$65,000) 🔴 and has managed to break the Uptrend line .
🌊According to the theory of Elliot waves , the end of wave 5 was in the 🔴 Resistance zone($69,000_$65,000) 🔴 , and we should expect correction waves ; one sign of the beginning of correction waves is the breaking of the Uptrend line . Another sign is the Regular Divergence(RD-) between two Consecutive Peaks.
💡One of the other charts that can help us confirm the Bitcoin correction is the Market Cap USDT Dominance% (USDT.D%) chart.
💡 USDT.D% after breaking the Support line and the 🟢 Heavy Support zone(5.80%-5.20%) 🟢 caused the cryptocurrency market to increase significantly in these weeks.
💡Currently, USDT.D% is in 🟡 Potential Reversal Zone(PRZ) 🟡and near Support lines and has also touched the 🎯Symmetric Triangle Target🎯 . I expect USDT.D% to rise to at least one Fibonacci level .👇
🔔I expect Bitcoin to start going down again after possibly playing around $61,500 for a while and at least down to the Support line and 🟡 Potential Reversal Zone(PRZ) 🟡.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.