BITCOIN RSI The chart of bitcoin Is giving a Clear WARNING signal . Best of Trades WAVETIMER BTW I AM LONG PUTS IN BITI as of today at 60.8by wavetimer2
BITCOIN WYCKOFF accumulationscenariocast! IF that is what is occuring ... the #BTC price over the next few months could follow something similar to what I have drawn in a #Wyckoff re-accumulation range and breakout. With the recent price action being a false breakdown before recapturing the range and proceeding to reach previous levels of resistance. Let's see if this occurs, sentiment reached rock bottom last week. SO I would not be surprised!Longby BallaJiUpdated 3329
BTCUSD TECHNICAL ANALYSIS (RAED CAPTION)hi traders! share you opinion about this chart in comment section current price: 98020 after hitting highest of all time BTC has entered in sphere of retracement. all D1 candles of this week have established a bearish trend and market is trying to stabilize itself. currently market is working under parallel channel. if market rejects 98500 then its next move will be 94500. key points: resistance: 98500 and 99850 support zone: 94650 and 91500 demand zone: 94650 like, share and follow. thanks for your support Shortby Ibrahim_Gold_Traders23
$BTC Inevitable Retrace to 65k Hope this can help you guys add on to your own analysis. Remember this is not Investment advice just insights into my own perspective of this company's future price direction. Remember follow the big money to make big money. peace and love!Shortby DREAM1ZR997
Nobody appreciates it !!!As I mentioned in my previous analysis, Bitcoin managed to break through the triangle pattern and experienced significant growth. Now, the price is forming a bullish pennant pattern, which could lead to further growth after the pennant breaks. Previous Analysis Give me some energy !! β¨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.π _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ β Thank you, and for more ideas, hit β€οΈLikeβ€οΈ and πFollowπ! β οΈThings can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Longby CobraVanguard1184
Non-stop growth to 150K without correctionsBe careful begun a non-stop growth to 150 thousand without any corrections. My previous Bitcoin bear cycle prediction: Longby CapitalDollar3
BTC/USD - daily chart divergence showed the wayThe divergence was strong with this one. Both the RSI and MACD showed huge Divergence from the Price. Divergence is a very good way to try and prevent your buy trade from being someone elseβs exit liquidity at the top. It'll be interesting to see if those Liquidity Voids below get filled up. Divergence: Liquidity Voids: by TradingThroughTheLens1
BTC 30% Correction After todays news BTC doesn't seem to be holding well . With a visible bearish divergence on the RSI and a downward momentum on stochastic its most probable that BTC will return to 70K levels in near term Shortby HernandezCapital2
Bitcoin Analysis with Gann Grid and Key LevelsHello Dear traders, Let's dive into the Bitcoin chart with a detailed Gann analysis similar to the earlier breakdown for Dogecoin. This chart integrates Gann theory, showing price and time levels via angles, grids, and cycles. π1. Gann Grid and Levels Overview The chart uses Gann's principle of balancing price and time with geometric relationships: Horizontal Levels: Derived from specific price harmonics (0Β°, 30Β°, 60Β°, etc.) Diagonal Lines: Represent price momentum at certain angles regarding time and price by the grid. Vertical Lines: Time cycles marking significant trend shifts or price reversals. 2. Key Gann Levels The chart originates from 0Β° (Base level: $15,479.25) and builds upward harmonic price levels. These levels are key zones for support and resistance. Degree Price Level Significance 0Β° $15,479.25 Base level; a significant low (origin point). 30Β° $19,904.21 Minor support/resistance near cycle start. 60Β° $24,884.73 Important level; tested during upward moves. 90Β° $30,420.81 Key psychological resistance during early breakouts. 120Β° $36,512.44 Important support/resistance midway up. 150Β° $41,519.63 Indicates price accumulation or consolidation. 180Β° $50,362.37 Critical level; halfway point of the full cycle. 210Β° $58,120.67 Breakout zone for strong upward trends. 240Β° $66,434.53 Strong resistance; prior highs get tested. 270Β° $75,303.94 Major resistance level (ΒΎ of the full rotation). 300Β° $84,728.91 Resistance near extended bullish cycles. 330Β° $94,709.42 Overbought zone if price reaches quickly. 360Β° $105,245.50 Completion of the full price cycle.π€ 3. Current Market Position The current price of Bitcoin is $101,135.80, sitting near the 330Β° level ($94,709) but pushing toward 360Β° ($105,245). Key Observations: Bullish Trend: Price has broken through major resistance levels such as 240Β° ($66,434) and 270Β° ($75,303). This indicates a strong bullish continuation. Approaching the 360Β° Level: The 360Β° level at $105,245.50 represents the completion of a full cycle. This zone could act as strong resistance where price might stall or consolidate. Potential Retracement: If the price fails to sustain above 330Β° ($94,709), expect a pullback toward 300Β° ($84,728) or even 270Β° ($75,303). These zones would provide buy opportunities during a retracement. 4. Diagonal Gann Angles The diagonal lines represent price trends at specific angles, reflecting momentum: Current Angle Analysis: The price is maintaining an upward diagonal angle, suggesting sustained bullish momentum. If price dips below this angle, it could signal a trend reversal or slow-down. 5. Time Cycle Analysis The vertical dashed lines represent Gann's time cycles, marking key turning points or price accelerations. Notable Time Cycles: Dates Marked on the Chart 6. Trading Plan Based on the current market position and Gann analysis: Bullish Setup: Entry: Enter long on dips above the 300Β° level ($84,728) for continuation. Targets: First target: $94,709 (330Β°). Second target: $105,245 (360Β°). Stop Loss: Below the 270Β° level ($75,303). Bearish Setup: Entry: Enter short if price fails to hold above $94,709 (330Β°). Targets: First target: $84,728 (300Β°). Second target: $75,303 (270Β°). Stop Loss: Above the 360Β° level ($105,245). 7. Final Notes 360Β° ($105,245) is a critical level: A breakout above could indicate further bullish momentum into an expansion phase. However, this level could act as strong resistance where a reversal occurs. Time Cycles: Watch for trend changes in January 2025 and May 2025. Let me know if you need further clarification π Wish you best of Luck Tradingby Magic_xD3
Are we in for a 27% Correction?Recognition of Previous Mistake (Rising Wedge vs. Ascending Channel) Recent price action has revealed a shift in the structure. In my previous technical analysis I identified as a rising wedge. Upon breaking out of the rising wedge and further review, it now appears that Bitcoin is trading within an ascending channel. This structural adjustment suggests that while the market remains in a bullish trajectory overall, there are signs of weakening momentum, warranting a bearish outlook in the near future. **Read In full to get historical validations to validate my theory** Key Factors Supporting a Bearish Bias Bearish Divergence on Weekly Time Frame On the higher time frame, bearish divergence is evident, as price continues to make higher highs while key momentum indicators, such as the RSI, make lower highs. This divergence suggests that the current uptrend is losing strength, increasing the likelihood of a reversal. Bearish Divergence on Daily Time Frame A similar pattern is observed on the daily time frame, providing further evidence of weakening momentum. Combining divergences on both time frames strengthens the bearish case, as it highlights misalignment between price action and underlying market strength. Loss of Momentum Within an Ascending Channel Price is currently constrained within an ascending channel. While this structure supports the continuation of the uptrend in the short term, it often signals a gradual loss of momentum, especially when combined with other bearish signals. Breakout scenarios typically favor the downside in such cases, aligning with the broader bearish outlook. Stochastic RSI Analysis Weekly Time Frame: The stochastic RSI is in the overbought region, and a bearish crossover (K-line crossing below the D-line) has occurred. This signal further strengthens the probability of a reversal or significant correction from current levels. Overbought conditions on higher time frames are particularly significant as they indicate market exhaustion. Daily Time Frame: The stochastic RSI has not yet reached overbought levels, suggesting that the price has some room to move higher in the short term before a bearish reversal materializes. This indicates that patience is warranted before entering a short trade. Historical Validation Historical analysis of similar scenarios (March and July) reinforces the reliability of the current bearish setup: In both instances, price was constrained within an ascending channel. Bearish divergences were present on both weekly and daily time frames. The stochastic RSI aligned with bearish crossovers on the weekly and daily charts, signaling strong entry points for downside trades. Current Market Outlook Based on the above analysis, the bearish bias is supported by the following: Loss of momentum within the ascending channel. Bearish divergence on both weekly and daily time frames. Overbought stochastic RSI on the weekly chart, with a pending overbought signal on the daily. While the bearish setup appears robust, caution is advised as the daily stochastic RSI suggests that Bitcoin could see additional upside in the short term before the anticipated correction takes place. My Trading Plan Wait for Confirmation: Monitor the daily stochastic RSI and wait for it to reach the overbought region, followed by a bearish crossover (K-line crossing below the D-line). This will serve as an ideal signal to enter a short trade. Key Levels to Watch: Channel Resistance: Watch for price rejection near the upper boundary of the ascending channel, which would reinforce bearish momentum. Channel Support: A confirmed breakdown below the lower boundary of the ascending channel would act as a trigger for a bearish continuation. Shortby heywippa2
BTCUSD SIGNAL UPDATEHello traders look at the chart and share your ideas about it . BTCUSD looking bullish from current area our last BTC setup reached our target. BTC is unstoppable now it will make a new target lets focus on it . Further you can check my chart and share your ideas in comments Follow me for more updates about the market.Longby ALLEYPROFESSIONALSUpdated 4
Bitcoin technical analysis + trade planThe chart shows a clear falling wedge formation. This is a bullish reversal pattern that suggests a potential upward breakout. Price is nearing the wedge's apex, indicating that a breakout might be imminent. Key Support and Resistance Levels: Support Levels: $88,671.83 (near-term critical support) $86,000.00 (strong psychological support) Resistance Levels: $95,497.11 (short-term resistance near breakout zone) $108,329.96 (target resistance post-breakout) Indicators: VWMC Cipher B Divergences: Bullish divergence appears on the indicator, aligning with the falling wedge's bullish potential. RSI: RSI is below 30, indicating oversold conditions, which often precede a rebound. Money Flow Index (MFI): MFI is oversold, suggesting incoming buying pressure. Stochastic Oscillator: Stochastic is in the oversold region (<20), showing high potential for a bullish reversal. Market Sentiment: Given the oversold indicators and bullish pattern, the market is primed for a potential upside movement. However, confirmation of the breakout is critical. Trading Plan: Entry Strategy: Enter long near the wedge's lower boundary (~$90,000), with a tight stop loss below $88,000. Conservative Entry: Wait for a breakout above the wedge's resistance (~$96,000) and enter after confirmation with a retest of the breakout level. Stop-Loss Placement: Place stop-loss below the nearest support level: Aggressive traders: $87,500 Conservative traders: $92,000 (post-breakout retest failure) Profit Targets: First Target: $108,329.96 (major resistance level post-breakout) Second Target: $114,000 (psychological level, based on historical price action) Risk Management: Risk no more than 1-2% of your portfolio per trade. Use position sizing to balance risk-to-reward ratios (minimum 1:3). Monitoring Volume: Ensure the breakout is accompanied by increased volume. Candle Structure: A solid close above $96,000 validates the move. Invalidation: If the price falls below $88,000, the wedge pattern is invalidated, signaling further downside. Alternative Scenario (Bearish): If Bitcoin breaks below $86,000, expect a test of lower levels. Potential targets include $82,000 and $78,000. Bitcoin is poised for a significant move. The falling wedge, oversold indicators, and strong support levels suggest an imminent bullish breakout. However, patience for confirmation is key to minimizing risk and maximizing gains. Adjust your strategy dynamically based on market conditions.Longby elfabiiani3
BTC - Pullback to 100k - Bullish divergenceAfter a sharp drop, it seems a head and shoulder pattern is forming. Seems there is bullish divergence on the MACD as well. Will we pull back to 100k tonight?Longby souledouleUpdated 3
Ending diagonalAn ending diagonal is in sight as depicted in the diagram. A steep decline should be expected in the coming days to the region of 85,000 USD. This region is 0.382 retracement of wave 3 as well as the starting point of wave v, beginning of the ending diagonal. Shortby brown_maverick2
Bitcoin: To the MoonThis is just a chart about Bitcoin. I think it will reach 136k by EoY. I believe we are melting up and value is being grabbed rapidly. In my opinion, any type of dip in the 90k-100k region is a buy right now. As you can see, 70k-75k is on the table for a rapid breakdown. We don't want that. Watch out for it. This is only my opinion until the EoY, Respective of the lag time between Jan. 20th Inauguration. I hope everyone has a Merry Christmas! Mr. Storm. Longby LvNThL1
Elliott Wave View: Bitcoin (BTCUSD) Has Reached Inflection AreaShort Term Elliott Wave View in Bitcoin (BTCUSD) suggests rally from 6 September 2024 low is in progress as a 5 waves impulse. Up from 6 September, wave 1 ended at 66508 and dips in wave 2 ended at 58867. The crypto-currency has extended higher in wave 3 towards 103647 as the 1 hour chart below. Pullback in wave 4 unfolded as a zigzag Elliott Wave structure. Down from wave 3, wave ((a)) ended at 97917 and wave ((b)) ended at 99577. Wave ((c)) lower ended at 92310 which completed wave 4 in higher degree. Bitcoin has resumed higher in wave 5. Up from wave 4, wave ((i)) ended at 101251 and wave ((ii)) pullback ended at 94249 as a zigzag structure. Down from wave ((i)), wave (a) ended at 98752 and wave (b) ended at 101407. Wave (c) lower ended at 94249 which completed wave ((ii)) in higher degree. The crypto-currency has extended higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 102582 and pullback in wave (ii) ended at 99250. Wave (iii) higher ended at 107821. Pullback in wave (iv) is in progress as an expanded flat before it turns higher again. Near term, as far as pivot at 92310 low stays intact, expect dips to find support in 3, 7, or 11 swing and the crypto-currency to extend higher.by Elliottwave-Forecast2
Buy #BTCUSD 101300 - 100900π Buy #BTCUSD 101300 - 100900 π Stoploss 100100 Breakeven 101350 TakeProfit 1: 101500 TakeProfit 2: 101700 TakeProfit 3: 101900 TakeProfit 4: 102100 TakeProfit 5: 102300 TakeProfit 10: 103300 TakeProfit 20: 105300 TakeProfit 30: 107300 Trade at your own risk Protect your capital The Wizard π§ββοΈ Saturday 12/14/2024 03:00 PM ESTLongby SmartWizardFXUpdated 114
BITCOIN STILL BULISH WEEKLY CANDLE Still weekly candle showing bulish no rejection any ! i'm personally see BITCOIN in buy side BC market rejection declined from 96.500 again closing weekly candle in buy side so soon BITCOIN will hit 104000 106000 same area is target Shortby Mr-NicholsUpdated 2
BITCOIN (BTC) SHORT TERM TARGET AND LONG TERM TARGET It looks like you're planning to sell Bitcoin (BTC) around 103,500 with target price levels of 97,000 and 102,000. Here's a breakdown of your trade plan: Sell Position Details Sell Entry Price: 103,500 Target 1: 102,000 (short-term target) Target 2: 97,000 (longer-term target) Risk Management Set a stop-loss to manage risks effectively. For example, if BTC rises significantly above 103,500 (e.g., 104,500 or 105,000), you may consider exiting to avoid further losses. Market Analysis Tips Check for support and resistance levels near your targets. Keep an eye on market trends, news, and technical indicators (RSI, MACD) to validate price movements. CAPITALCOM:BTCUSD Shortby TRADE_CENTER_14
BTCUSD The Target Is DOWN! SELL! My dear subscribers, BTCUSD looks like it will make a good move, and here are the details: The market is trading on 10158 pivot level. Bias - Bearish My Stop Loss - 10289 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 99100 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. βββββββββββ WISH YOU ALL LUCK Shortby AnabelSignals113
BTC/USD "BITCOIN" Crypto Market Bullish Heist PlanπHi! Hola! Ola! Bonjour! Hallo!π Dear Money Makers & Robbers, π€ π° Based on π₯Thief Trading style technical analysisπ₯, here is our master plan to heist the BTC/USD "BITCOIN" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. π So Be Careful, wealthy and safe trade.πͺππ Entry π : You can enter a bull trade at any point, however I advise placing Multiple Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low & high level should be in retest. Stop Loss π: Using the 4H period, the recent / nearest low level. Goal π―: 118,000 Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money π°. Warningβ οΈ : Our heist strategy is incompatible with Fundamental Analysis news π° ποΈ. We'll wreck our plan by smashing the Stop Loss π«π. Avoid entering the market right after the news release. Take advantage of the target and get away π― Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. πSupporting our robbery plan will enable us to effortlessly make and steal money π°π΅ Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.ππͺπ€β€οΈππ I'll see you soon with another heist plan, so stay tuned π«by Thief_TraderUpdated 5
BTC ABOUT TO DUMP?The daily time frame candle from yesterday provides a significant reversal indication. on the monthly and weekly there is also clear exhaustion being shown representing positions being liquidated. The bears could potentially take over very soon for a bear market as we enter into 2025.by h77nry4
BEAR MARKET FOR 2025I Just whent back in my chard .I tink the market will dunm in this mont of 2025by MrRightChainlink2