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.
Btcusdtshort
Short Entry for Bitcoin near-termFire at will!
Bitcoin broke a short-term consolidation to the upside
Strong resistance ahead from a previous channel breakdown
Current price action is likely a short-squeeze
CME Gap at $28,500
We can short within the target box at $27,800 - $28,500
TP1 at $24,300
TP2 at $23,200
Please ensure risk management and stop-loss (trailing $29,100 , $29,600 , $30,200)
Happy Sniping!
ETH's Head and Shoulders Pattern UnraveledEthereum (ETH) is drawing attention with a head and shoulders pattern breakdown. This resembles the broader market's trend, raising prospects of a 25-30% crypto sector decline. The head and shoulders pattern signifies a shift toward bearish movement, while its alignment with BTC and total market cap projections strengthens this anticipation. Stay alert for market developments as patterns evolve.
Bitcoin Analyze!!!🗺️(15-Min)Hi everyone👋(I hope you had a great weekend)🥳.
📚Since the trading volume is generally low on Saturdays and Sundays, we should not expect any strange movement from Bitcoin.
🌊Bitcoin is completing a corrective structure , and as I said in the previous post, I expect Bitcoin to move between $27,000 and $25,000 for a few days.
🔔I expect Bitcoin to fall to around $25,000 starting Monday after breaking the 🟢 support zone(26,030-25,950) 🟢(with the 2️⃣ scenarios I've outlined for you in the chart).
--------------------------------------------------------------------------------
🌐➕ Positive News ➕🌐:
Elon Musk praises pro-crypto Republican presidential candidate.
$25,000 where Bitcoin (BTC) Could Bottom Out After Crypto Market Downturn, According to Glassnode Co-Founders.
Bitcoin Mining Stocks Are Up 200% YTD, but One Has Soared Almost 400%.
Binance CEO CZ Responds to the Periodic “Bitcoin is a Bubble” FUD: “Here We Go Again”.
🌐➖ Negative News ➖🌐:
North Korean Hackers Have Stolen $200 Million So Far This Year.
Heavy short position by Michael Burry on S&P500 and NASDAQ.
--------------------------------------------------------------------------------
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC great SHORT OPPORTUNITY and the LOW BEFORE BULL12h time frame
-
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
-
Short trading plan
Entry: 27766~28548
TP: 18085~18600
SL: 29830
BITCOIN More Downside Expected!Happy Monday Traders & Investors
As we can see Bitcoin has been ranging within this ascending channel since over a year now.
After the double top formation in the 31k to 32k area, and the break of the previous uptrend that I mentioned in my previous post. (), BTC is making it's way back down to the support of the ascending channel. There are two options as a likely path for Bitcoin to reach the 21.5k to 22.5k area.
Option A:
Bitcoin will bounce from the current support where BTC found support formed by a strong historic support and resistance area and the 38.2% Fib. Retracement Level of the Uptrend from 15.5k to 31.8k.
A logical target for that bounce would be the area that Bitcoin has recently broken down from between 28.5k and 29.2k which also lays right between the 100 SMA (green) and the 50 SMA (black)
From that area Bitcoin will then likely make it's way down to the target area betwen 21.5k and 22.5k
Option B:
In this scenario Bitcoin will find downside inmediately after breaching the current support level to the downside abd make it's way
down to the target area betwen 21.5k and 22.5k on a more direct path.
If Bitcoin finds a bounce in the target area, a strong rally with a price target of at least 35k comes into play, however if the price drops and confirms below 21.5k the price correction could extend towards the area between 20k and 18.5k
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always , A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys!
Happy Trading ✌🧡📈
📈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)
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
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
Bitcoin 🗺️Road map🗺️for 300 Days Before Halving 2024❗️Hi everyone👋 (Reading time less than 7 minutes⏰).
First, I have to apologize for the busy chart, but all the lines were really needed.😊🙏
📚As you know, Bitcoin has created an All-Time High(ATH) between both Halvings, and after the confirmation of Bitcoin's ATH, it has started a downward trend . In general, Bitcoin has started an upward trend about 500 days before each halving , although this upward trend is not stable and has undergone correction .
📚Bitcoin seems to have started a trend similar to 500 days before the 2020 Halving, and if Bitcoin wants to have a correction similar to the 2020 Halving , this correction should start at 300 days before the 2024 Halving .
In this post, I want to give you reasons that show that the movement of Bitcoin until the 2024 Halving will be very similar to the 2020 Halving.
So stay with me.🙏
🔔The reasons for the start of Bitcoin Correction :
Bitcoin started an upward trend 500 days before the 2020 Halving, and it is interesting to know that Bitcoin has started an upward trend 500 days before the 2024 Halving.
Bitcoin started a correction 300 days before the 2020 Halving, and now we are 300 days away from the 2024 Halving, and Bitcoin is expected to start its price correction in the coming weeks.
The conditions of the RSI indicator are very similar in both movements, and the Bitcoin correction in both movements has started with Regular Divergence (RD-). (Note that currently, Bitcoin has not managed to enter the Overbought area, and this indicates that the Bitcoin correction may be a little deeper than the 2020 Halving movement).👇
🔔Now let's look at the current situation of the Bitcoin chart. (I will point out the reasons for the correction).
Bitcoin has been moving in a descending channel on the weekly time frame for more than a year and a half. And currently, Bitcoin is above the descending channel, and Bitcoin will probably react to this area.
Bitcoin is attacking the 🔴 heavy resistance zone($32,420-$28,900) 🔴 for the second time.
It is interesting to know that the 🔴heavy resistance zone🔴 was broken after the fourth time when it was playing the role of the 🟢heavy support zone🟢.
So, it is not far from expecting that the second attack on the heavy resistance zone will ❌ fail ❌ and Bitcoin will go down again.
Also, Bitcoin is moving near 100-Simple Moving Average(100-SMA) , and this moving average plays the role of a dynamic resistance for Bitcoin.
Plus, Bitcoin is moving in the 🟡 Time Reversal Zone(TRZ) 🟡.
In the daily time frame, the Regular Divergence (RD-) between volume and price can be seen between two consecutive peaks.
🔔As a result, I expect Bitcoin to start its correction in the coming weeks, and this correction will deepen after the uptrend line breaks. Finally, I think Bitcoin will fill the 🔵 lower CME Gap 🔵 and then start its upward trend again (around $20,000 ).
According to the explanation above, will the movement of Bitcoin be similar to Halving 2020❗️❓
I would be happy to share your opinion with me in the comments 🙏.
Bitcoin Analyze ( BTCUSDT ), Weekly 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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📉BTC CONTINUES TO DECLINE 📉📉BTC CONTINUES TO DECLINE 📉
🔰Over the past 24 hours, Bitcoin has shown a decrease of -12% at its peak. Long liquidations amounted to over 1 billion dollars, and it seems like this is not the end yet, so it might be wise to hold off on long positions for now.
💰Based on spot market quotes, I anticipate stop losses being taken out below the $28,400 level and possibly $23,900.
🚀The nearest major support zones are $23,700-$24,200 and $22,100-$22,500. That's where I'll be considering entry opportunities for long positions.
Btc/Usdt UpdateBTC/USDT
Daily Chart:
If you've been keeping up with us, you'll know we said 32k would likely be BTC's peak this year. Now, BTC has broken down and is testing a horizontal support. There might be a slight bounce towards 29k to retest the breakdown level. Overall, I have a bearish view.
Please note: This is just an idea, not financial advice. Research before making decisions.
Wishing you luck! And if you're pleased with our work, please consider supporting us.
Happy trading!
Crypto by Ghazi
BTCUSDThey traders
Look at the chart
What u think about BTC ?
as we expected, Price reachd the target which is ATH
now, i can see something in the chart
that marubozu candel is not enough for me to take is as a break out, so i expect Bears push the price down to the previous support
u can check the potential destanation for bears, also potential support area for bulls
its my vision about BTC B4 Price break this lvl and going for 87K
share ur chart and leave a comment
BTC Moving!BINANCE:BTCUSDT.P
CRYPTOCAP:BTC moving.
Would prefer break and retest of 30k level - but sometimes CRYPTOCAP:BTC doesn't move in sequence.
Watch for this being a bearish retest or liquidity grab which you could short.
Otherwise you could position for a Long to break 32k and then further targets as per my previous CRYPTOCAP:BTC posts.
If you appreciate my efforts, spend half a second and give me a Boost! Thanks!!
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTCUSDT likely to head towards daily support around 26266-26500The price did not hold the previous daily support and broke down from there. It did not claim that support quickly and went further in the downward direction. This suggests that the price wants to visit at the next daily support which is marked as DS1 on the chart. This support is sitting around 26266-26500. I believe the price has a better chance to bounce from there now. In case for a long, I think we should have patience for the price to reach there. Meanwhile short trades can be taken on bounces on lower time frame.
📈Bitcoin prediction, 26.5K or 31.5K? 📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders
Due to the decrease in trading volume in the last few weeks, I'm going to do some weekly Bitcoin analysis.
In the next few days, Bitcoin is expected to return to the $31,000 range if it holds above the indicated areas (29600-29800).
If the price breaks below the mentioned areas, the price will drop to the level of 28,460 and then 26,500.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
BTC current price direct short
After BTC fell from the daily high of 31800
Now there is a shock rise
The next wave will continue to fall
Trend line 29600-29700 first layout a wave of short selling
The current price of 29400 is directly short
This wave of empty orders is best to deviate from the bottom of the daily line level
Below the target of 28500, we are considering doing more
Bitcoin Analyze (Road Map)!!!🗺️(15 min)Bitcoin is running on 🔴 resistance zone($29,850-$29,480) 🔴.
🌊According to Elliott's wave theory, Bitcoin is forming a Zigzag Correction(5-3-5/ABC) .
🔔I expect Bitcoin will go Down at least to $29,100 .
--------------------------------------------------------------------------------
🌐➕ Positive News ➕🌐:
PayPal Is Rolling Out A Feature To Allow Users Convert PYUSD To Bitcoin And Other Crypto.
Pro-Bitcoin Javier Milei wins most votes in Argentina primary election.
Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein.
Bitcoin (BTC) Non-Zero Addresses Have Reached An All-Time High.
PayPal Executive Says PYUSD Will Be Made Available for DeFi in the Future.
California Says Political Campaigns Can Accept Crypto, But There’s A Caveat.
Brazil Reports Record 3.3 Million Crypto Users In June As Bitcoin Adoption Surges
🌐➖ Negative News ➖🌐:
Former Binance.US CEO Says White House Trying To Keep Stablecoins ‘Out of the Discussion’
Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated.
Current SEC won't approve a spot Bitcoin ETF, former office chief says.
Brazil’s Congress moves to levy higher taxes on cryptocurrencies
--------------------------------------------------------------------------------
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Road Map)!!!🗺️(1-hour time frame)💡After the correction waves ended, Bitcoin started to go up as I expected✅.
🌊The structure of correction waves was Triple Three Correction(WXYXZ) .
🔔I expect Bitcoin to start falling again from the 🔴 resistance zone($29,850-$29,480) 🔴.
🎯The first target of Bitcoin drop can be the support line.
❗️ Note ❗️: if Bitcoin can break the resistance zone, Scenario will be change.
--------------------------------------------------------------------------------
🌐➕ Positive News ➕🌐:
Cathie Wood Says SEC Might Say Yes to Multiple Bitcoin ETFs at Same Time.
Binance sold USDC for BTC and ETH after Silvergate Bank collapse.
Singapore commits $112M to support fintech solutions like Web3.
Elon Musk’s X To Launch Trading App, Dogecoin To Play A Part.
🌐➖ Negative News ➖🌐:
Fake PayPal USD Tokens Pop up on Several Blockchains.
Crypto expert predicts one last Bitcoin dump before ‘giga pump’.
Federal Reserve Governor Hints at More Interest Rate Hikes.
--------------------------------------------------------------------------------
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.