BTCUSD: BUY@62600-61800
The bullish momentum has been hindered, leading to continued consolidation at higher levels, with indicators showing weakness. A partial pullback is likely, with key support in the 62,800-62,100 range. If this support is breached and the bears are strong, the next strong support should be around 61,700, which would present a great buying opportunity.
The bullish target is at least in the 68,000-71,000 range, and if the uptrend is strong, the ultimate target of 78,000 is also achievable.
Btcusdtshort
BTC : HARD DROP Likely BEFORE New ATHHold on to your horses - in today's analysis we're going to do a really deep dive on Bitcoin, the altcoin market (TOTAL 3) and Bitcoin Dominance (BTC.D) Make sure you watch all the way until the end to reach the final conclusion!
In this video, I systematically point out two main reasons why the corrective phase isn't over, as well as what could possible happen NEXT based on the rotations between alts and BTC.
COINBASE:BTCUSD COINBASE:BTCUSDT CRYPTOCAP:BTC CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D
For months I've been anticipating a multi-month corrective pattern, before another impulse wave up which I believe leads us to our final all time high (ATH) for this bullish cycle. Although I've said "multi-month" quite a few times... who knew it would be such a drag! I nearly thought BTC was ready to turn towards the upside, but after THIS* happened (together with the analysis in the video) it's likely we're still heading lower:
*https://www.tradingview.com/chart/BTCUSD/h2bMes4J-BTC-FINALLY-Bullish-BREAKOUT/
THIS* is referring to my update on BTC two days ago, where it seemed like a bullish breakout. At this point however, the price is not able to hold the support zone (which was the condition I listed) and therefore it's likely a fakeout.
If you're looking for the idea I referred to in the analysis on the Altcoin dump find it here:👇
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BTCUSDT:1 Hour AnalysisHello friends Bitcoin seems to have reached the weekly resistance area and we can expect a small correction to the indicated area and then climb up to the center of the weekly area, if confirmed we can open a sell position and then we can expect if Confirmation of an open buy position.
BTCUSDT:1 Hour AnalysisHello friends Bitcoin seems to have reached the weekly resistance area and we can expect a small correction to the indicated area and then climb up to the center of the weekly area, if confirmed we can open a sell position and then we can expect if Confirmation of an open buy position.
#BTC/USDT#BTC
#BITCOIN
The price is moving in a descending channel on the 4-hour frame and is adhering to its limits well. The price has reached the upper limit of the channel
The price also touched the 100 moving average and is expected to rebound from it
The price is now 61,000 $, which is the entry price
Targeting the 56,200 $ area,
which is the lower limit of the channel
We have an upward trend on the RSI indicator, but it is expected to break down
#BTC/USDT#BTC
Bitcoin is moving in a sideways channel on the 4-hour frame and is perfectly adhering to the lower limit of $58,000 which acts as support and the upper limit of $61,350 which acts as resistance
We have saturation on the RSI indicator and a downward trend to touch the broken trend
We have a trend to touch the moving average 100
Entry price 61,300 $
First target 59,600 $
Second target 58,000 $
BTC/USD "BITCOIN" Bullish Robbery Plan To Steal MoneyHola ola My Dear,
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This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
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#BTC/USDT
#BTC
#BITCOIN
The price is moving in a descending channel on the 1-hour frame and is adhering to its borders well. The price reached the upper limit of the channel and closed above it, which supports the rise.
The price also touched the 100 moving average and is expected to rebound from it.
The price is now at $59,200, which is the entry price.
The first target is $60,000.
The second target is $61,200.
We have a downtrend on the RSI, but from
Looking for Sell BTC around 60600(8/16/2024)Bearish Shadow is still chasing BTC. After a good retracement from the 49-50k zone, BTC faced some selling pressure around the 62700$. The pressure finally pushed the price to 56.1k $ yesterday. right now price action is showing us HH and LH and, we can see Liquidity above the 59800$ and FVG above it.
We believe the price will eventually reach the zones as mentioned earlier, then we are looking for a bearish setup around 60600$(this is important!) .
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
#BTC/USDT#BTC
#BITCION
The price is moving in a descending channel on the 4-hour frame and is adhering to its limits well
The current price is $59,102. It is expected to fall to touch the lower limit of the channel at $57,700, which is the entry price
There is a strong support point at this level, green
Targeting the upper limit of the channel at $60,000
This boot supports the lower limit as we are still below the moving average 100
But what supports the rise after touching the lower limit is the presence of an upward trend on the RSI
Bitcoin BTCUSDT currently trading around the $60,539.9 levelThe BTCUSDT chart shows Bitcoin currently trading around the $60,539.9 level. The price has seen some volatility recently, with significant movements both upwards and downwards.
Key Points:
Support and Resistance Levels:
The price recently reached a local high (TP2) around $61,112, but faced resistance near $62,375, causing a pullback.
There is significant support near $58,267.5, as indicated by the recent entry marked by RICHI. This level could act as a key point for further upward movements if the price holds above it.
Recent Trade Setups:
A long position was initiated around $59,000 with a maximum profit of 16.94%, showing a successful upward move that hit the take profit levels (TP1 and TP2).
A short position was also triggered after the price failed to break higher, leading to a brief downward movement. However, this short trade appears to have been closed as the price bounced back.
Current Scenario:
The price is now consolidating around $60,500. If it breaks above the recent high, it could retest the resistance at $63,000. Conversely, if it drops below $58,267.5, we might see further declines toward the next support levels at $57,000, $55,733, or even $54,044.
Potential Targets:
On the downside, potential targets for further decline are set at $57,000, $55,733, and $54,044. These levels align with previous support zones and Fibonacci retracement levels.
On the upside, the key resistance levels are at $62,375 and $63,335, which Bitcoin needs to overcome to continue its bullish momentum.
Conclusion:
Bitcoin is currently in a critical consolidation phase. Traders should watch for a decisive breakout above the current resistance levels or a breakdown below the support to determine the next major move. Holding above $58,267.5 could be bullish, while a fall below this level might indicate a deeper correction.
#BTC/USDT#BTC
Bitcoin
The downward channel has been clearly broken on today's frame
It is expected to touch $48,000 before the recovery and rebound begins
We have a sell saturation on the RSI indicator
We have a trend to return above the moving average 100 again
We have a strong support extending from $48,000 to $50,000
A rebound is expected from that area targeting
First target 53,800
Second target 57,300
Bulls and Bears are fighting / If Support breaks ---> 60-62KBINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Dear Traders.
📝In this post I will track the BTCUSDT movements till next week.
No more talks, BTC is in a very serious situation. At the end of the next week, BTC may reach 60-62K and after that drop to near 50K level.
📡Please visit the recent positions.
💌Thanks for your support and energy.
BTCUSDT - SHORT [Daily Signal]Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that guarantees the security of the bitcoin blockchain. Mining consumes large quantities of electricity and has been criticized for its environmental effects.
#BTC/USDT#BTC
Bitcoin price is moving in a descending channel on the 1-hour frame
The price is moving inside the channel perfectly, it is expected after a slight rise
Then the decline will continue to fill the price gap with a target of 58,000
It is expected after the market recovers after filling the price gap
This decline is affected by the geopolitical events occurring these days
The pattern is canceled in the event of a 4-hour close above 65,000