BTCUSDT.P trade ideas
Bitcoin Breakout: Pullback and Bullish Continuation ExpectedBitcoin has recently broken above its previous trendline of highs, signaling a potential bullish momentum. The price is expected to pull back to retest the trendline as support, around the 92,000 level, before continuing its upward trajectory.
If the pullback holds above this support, it could act as a confirmation of the breakout, with a potential target set around the 200,000 level. This aligns with classical technical analysis principles, where a successful retest of a broken trendline often leads to significant upward movement.
Key Levels to Watch:
Trendline Support: ~92,000
Target Level: ~200,000
BTC PATH to $103,000, Whats next?BTC path to 103k is evident as i mentioned earlier about the candles earlier. Now follow the small dip i drew and 97500 to 96312 is a huge point of defence for buyers, Earlier i mentioned 90k fall and did exactly to 92ish. If it happens it can reach direct ath of 110k as mentioned above and earlier. Its not a scalp call so mind it
A news will play a vital role here too..
Needs to defend this in coming days or -.. .. .. . .. .. .. .. ..
BTC Resistance LevelsBitcoin Reached in the Top Resistance Zone
bitcoin grow to in Buy Side Because Gold will Top on 100K so Next strong Resistance Zone 108K
Traders Watch how to Bitcoin behaves near such resistance Levels if the fail breakthrough it could pull Back while a Successful Breakout might lead to further gains if a Possible Doors Then price will High Move to our Target.
PS Support with like and Comments For more Insights.
BITCOIN BUY ZONEBTC is still bullish with a potential take profit on correction, on technical the weekly candle broken supply roof is keeping buyers on demand , a break of that support /demand floor will see price come to 84k-83k zone with a capacity for double confluence at that zone for a buy ,
watch the box zone for potential buy entry.
What is BTC momentum doing by Ichimoku? BTC has been bullish for a while. It is moving in an ascending channel. Price failed to break out of the big inside bar and pulled back to the Kijun Sen. Because Kijun Sen has been acting as support multiple times, I expect it to do the same this time.
Also, according to Ichimoku, the momentum is bullish. Kumo is thick and long (stable uptrend), and Tenkan Sen is still above Kijun Sen. Chikou Span is getting close to candles, the momentum is slowing down, but no sign of trend reversal.
I expect the price to bounce on the Kijun Sen and then continue to go up to the top of the channel.
BTC's $107k Inverse Head & Shoulders ProjectionBitcoin is forming a potential inverse head and shoulders pattern on the 1-hour timeframe, indicating a bullish projection toward $107k.
The immediate demand zone offers a strong buy opportunity, while a break below this level shifts focus to the buy-back zone for potential re-accumulation. This bullish scenario remains valid unless price breaks below the pattern head, coinciding with the critical BIG wave 4 support level.
Volume confirmation is essential to validate the breakout above the neckline. A breach of the neckline could trigger momentum toward the projected target, while failure to sustain key levels may result in deeper retracements.
Bitcoin H1 Timeframe Looks Bullish"All Insights are given on Chart"
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Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
2024-12-17 I’m waiting for thisHi guys
Milad is here again with second idea in tradingveiw .
Today I expect Bitcoin will pump to near green line.
You will see how powerful is my technique.
BTC LEVELS FOR NEXT WEEKHere is a simple trading guide for BTC next week, Based on the weekly, key levels we are still very much bullish on BTC
BTC Price Prediction and Elliott Wave AnalysisHello friends,
Thank you for joining me in my analysis. We are reaching successfully to the the invalidation level at 0.618 with the Orange color where I ended the wave 5 with white counting and also the Orange 3rd wave in the Top, and started the Orange 4th wave which will be zigzag pattern reaching to this range ( 87000-92000) Or we will watch Running flat pattern. See you soon!
Thanks, Bros
Is the dump over??as we can see price got back up from 92k... a little more than our target of 99-91k zone...now the question is if it was a pullback or the bulls or back and we're going to attack 100k zone again
I personally gonna keep a little liquidity for the lower prices but not gonna get surpised if we go up
BTC Limit buy🔥 I recommend placing limit orders in the highlighted zone! 🔥
The LIMIT BUY zone is marked on the chart as a potential entry point. A bounce is expected after testing the support level. Remember your risk management and don’t forget to set stop-losses to protect your capital!
📈 Trading should be well-thought-out — stick to your plans!
"This is another analysis from a different angle compared to my "This is another analysis with a different perspective compared to my previous one."
BTC $103K or 90K? I choose 90K first?Feeling so bad to see btc buyers to see thier price is coming up after the dump, but here it is, Its a 1hr chart which i usually dont analuyze
What doodle shall follow?
I dunno but 90k ughh looks, evidendt
BTC Price Prediction and Elliott Wave AnalysisHello friends,
Thank you for joining me in my analysis. We reached successfully to our target as we expected it's range and hit 0.88 level with price (92722) you can look at my previous idea.
now I think we will create the first wave in ABC to end the Red wave X See you soon!
Thanks, Bros
BTCUSDT - Elliott Wave Analysis: Wave 5 Targeting $115,000 Market Overview
- BTC is unfolding a classic Elliott Wave impulse, currently correcting in Wave 4.
- This correction has established strong support near the $94,500-$96,000 zone, aligning with the 38.2%-50% Fibonacci retracement of Wave 3.
- The Wave 5 target is projected at $115,000, based on Fibonacci extensions and historical price momentum.
Technical Analysis
1. Wave Count Breakdown:
- Wave 1: Initiation of bullish momentum with a strong breakout.
- Wave 2: Healthy retracement establishing a higher low.
- Wave 3: Extended bullish rally, peaked at $108,000, showing typical impulsive strength.
- Wave 4: Ongoing corrective phase, respecting key Fibonacci retracement levels.
- Wave 5 (Projected): Anticipated bullish rally toward $115,000, potentially extending to $118,000 under strong momentum.
2. Key Levels to Watch:
- Support Zones:
- $93,000-$94,000: Key demand zone where buying interest is evident.
- Break below $92,000 invalidates the bullish Elliott Wave structure.
- Resistance Levels:
- $108,000: Wave 4 high, pivotal for confirming a bullish breakout.
- $115,000: Projected Wave 5 target based on 1.618 Fibonacci extension of Wave 3.
- $118,000: Secondary extension level if bullish momentum sustains.
3. Fibonacci Analysis:
- Wave 4 Correction:
- Aligns with the 38.2%-50% retracement of Wave 3, a standard correction zone.
- Wave 5 Projection:
- Targets 1.618 Fibonacci extension of Wave 3, landing near $115,000.
4. Trendline Analysis:
- A rising trendline connecting Waves 1 and 3 provides structural support.
- Parallel projection supports the expected upward movement toward Wave 5.
Momentum and Indicators
1. RSI (14):
- Wave 4 correction shows RSI consolidating in the 40-50 zone, indicative of oversold conditions.
- A bullish crossover above 50-60 will confirm the start of Wave 5.
2. MACD (12, 26, 9):
- MACD histogram flattening during Wave 4 indicates diminishing bearish pressure.
- A bullish crossover on MACD lines will serve as a strong signal for Wave 5 initiation.
3. Volume Profile:
- Accumulation in the $93,000-$94,000 zone reflects strong institutional interest.
- Wave 5 should see a notable rise in volume as price approaches $108,000 and breaks out toward $115,000.
Trading Plan
1. Entry Points:
- Accumulate positions in the $94,500 - $96,000 support zone.
- Add on breakout confirmation above $108,000 for conservative entries.
2. Stop-Loss:
- Place below $92,000 to limit downside risk and invalidate the current wave structure.
3. Profit Targets:
- Primary Target: $115,000 (Wave 5 Fibonacci extension).
- Stretch Target: $118,000 if momentum sustains post-breakout.
4. Risk Management:
- Risk no more than 1%-2% of capital per trade.
Scenarios
1. Bullish Scenario:
- Price holds the $94,000-$96,000 zone and breaks above $108,000 with volume confirmation.
- Wave 5 achieves $115,000, with possible extensions to $118,000.
2. Bearish Scenario:
- Failure to hold $92,000 invalidates the current Elliott Wave structure.
- Price may retrace deeper, targeting the $88,000-$90,000 zone.
Pro Summary
BTC is setting up for an impulsive Wave 5 rally, with $115,000 as the primary target. A breakout above $108,000 will confirm the next leg of the bullish trend. Maintain a disciplined approach with stops below $92,000 and adjust positions as the price action unfolds. 🚀
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risk, and you should do your own research or consult with a professional before making any investment decisions.
Bitcoin Roadmap==>>Short-termWith the start of the new week and the good news that came during the weekend , Bitcoin ( BINANCE:BTCUSDT ) began to pump again and successfully created a new All-Time High(ATH) .
Bitcoin has already managed to break the Resistance zone($104,280-$103,340) .
According to Elliott's wave theory , Bitcoin seems to be completed wave 4 ; we should wait for Bitcoin to rise again . The structure of wave 4 is of the Double Three Correction type(WXY) . Bitcoin is currently completing wave 5 .
Also, USDT.D% ( CRYPTOCAP:USDT.D ) managed to break the Support lines and the Support zone(4.00%-3.90%) ( on the chart it is currently the Resistance zone ) and we have to wait for another attack on the Next Support zone(3.82%-3.77%) . A drop in USDT.D% can make Bitcoin rise .👇
I expect Bitcoin to start rising again after the completion of microwave 4 of wave 5 . Bitcoin's Targets can be :
🎯 $107,320 - $106,967 🎯
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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BTC/USDT Next 3 Months Simply You can follow to know future of BTC movement market price .from Mid DEC to Mid March 2025
Bitcoin chart is bearish#bitcoin #btc price formed a bearish head & shoulders pattern and it looks CRYPTOCAP:BTC looks bearish in short term if market won' t be manipulated again! Not financial advice.
i think long term we will over 90k We will most likely stay over 90k until Feb or March if we are going based off previous trends. This being forecasted as a year of mass adoption by governments could lead to mostly green months all the way through.
BTC update - DEC 20 2024After sweeping the liquidity that was positioned just above 104,000 zone, BTC finally began the heavy dump on Dec 17th causing a heavy sell pressure in the market as predicted.
Current solid support zone for BTC is the 90,200 zone where the upcoming reaction must be analyzed. If BTC breaks through the support level, it will most probably head for much lower levels possibly the recent CME gap and since BTC dominance is still rather high, more dump in BTC means altcoins are going to be greatly affected and they will touch mush lower levels as well.
One thing to keep in mind is that the current heavy dump in many altcoins is probably the shakeout before the altseason so it is once again advised to consider buying the dip in the potential altcoins.
If bitcoin will not reclaim 100K, this will matter!#bitcoin #btc price' s dump has been proceeding as i revealed in my previous ideas. (See my prev. posts). Now, 100K is the bearish retest zone for CRYPTOCAP:BTC . if #btcusd declines at or below 100K usd, there' ll be a serious trouble. Not financial advice.
