BTC/USDT Analysis: Is a Key Reversal Brewing?Bitcoin's price action continues to intrigue traders as it consolidates within an ascending channel on the 4-hour timeframe. The recent rejection from the channel's upper boundary at $108,000 indicates that bearish pressure might dominate the short term. Currently, BTC trades around $101,450, testing a critical support level near $102,000.
Key Observations:
Ascending Channel in Play: The structure highlights an upward trend, with BTC respecting both the upper and lower boundaries of the channel. The dotted midline has acted as a dynamic pivot, influencing price movement over recent weeks.
Bearish Breakdown Potential: A clear break below $102,000 could lead BTC toward the next significant horizontal support at $98,236. This level aligns closely with the channel's lower boundary, making it a crucial zone for bulls to defend.
Key Resistance Zone: If bulls manage to reclaim $103,000, BTC could retest the midline or even the $106,000 level. However, failure to sustain above the $102,000 support could accelerate a bearish trend.
RSI Divergence: Hidden bearish divergence on the RSI suggests weakening bullish momentum, supporting the case for a deeper correction.
Expected Scenarios:
A retest of $98,000 would provide an excellent opportunity for bullish accumulation within the channel structure.
If the price rebounds from the lower boundary, bulls may aim for $106,000-$108,000 in the medium term.
A confirmed breakdown below $98,000 might invalidate the channel, opening doors for further downside to $94,000.
Btcshort
BTC\USD Ascending Broadening Wedge FALL ALERTIn this idea we have a ascending broadening wedge On Bitcoin that really matches the behavior we have witnessed recently. I did my best to project the targets we should see as we break out to the downside assuming that is how this moves. Maybe it will maybe it won't. Only time will tell. Good luck to everyone and much love- ND
Ps-If you look at the formation in smaller frames where we are now you will see the exact formation that is towards the end of the example.
BTC SHORT TP:88,000 20-12-2024I am looking to open a short position in BTC, with a target set below 88,000. Entry points are available both now and below 101,000. It is essential to set stop losses above 103,200 to safeguard the investment. This movement is expected to unfold within a timeframe of 4 to 8 days. As the trade progresses, I will provide updates, so to stay informed, I invite you to activate notifications and follow me. #Bitcoin #Trade
BTC/USDT AnalysisBitcoin has broken down from the rising wedge pattern and retested the breakdown zone, encountering strong resistance from both the Ichimoku Cloud and the 200MA.
Key Resistance: The upper green zone is around $98,000–$99,000.
Support Zone: The horizontal black box around $92,000–$94,000 serves as immediate support.
A failure to hold above this support zone could continue the downtrend, potentially targeting the larger beige demand zone near $78,000–$80,000.
Conversely, if BTC reclaims the green resistance zone, it could invalidate the bearish outlook and push higher.
Overall, the bias remains bearish unless BTC reclaims key resistance levels.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
DYOR, NFA
@Peter_CSAdmin
BTC/USDT 4-hour chart analysis. BTC/USDT trades within an ascending parallel channel, respecting the upper and lower trendlines.
Current price: $99,789.68, retracing back towards a crucial support area.
The highlighted green area is around $98,000-$100,000, which acts as the channel’s demand zone and mid-range level.
200 MA (green line): Located near $97,830, providing dynamic support.
Immediate resistance near the upper channel trendline (~$110,000).
Psychological resistance at $105,000, a crucial round-number level.
If BTC maintains the $98,000-$100,000 support area, it is set to bounce towards:
Short-term target: $105,000.
Mid-term target: $110,000, aligned with the upper channel boundary.
If BTC breaks below $98,000, further declines to test $95,000 (lower trend line) are possible.
A breakdown below the channel will invalidate the bullish trend.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
BTC MT GOX FEVER - 110K WEN? or 101k NOW?As mentioned on my earlier charts fr, MT GOX did move and mentioned it would come to 103K and so shorts from 108k was too good as said, expecting a small range up. Ideally i would go for shorts to 101,637 but ugh huge tpo are lying here so expecting solid green candle, ideal my scenario is to short again on the highs and if vol comes would book SL.
SO If i speak english i short now and wait till 101k and if not i give up at 104k which i know is happeneing but i still want to..
IDeally the news fever is gone so neutral view but still can churn ways out.
BITCOIN's Distribution, Greed and Dutch TulipsThe **Tulip Mania** of the 1630s was the original bubble—and it was as absurd as it was dramatic. Picture this: a single tulip bulb sold for the price of a luxurious Amsterdam townhouse. Traders flipped tulips like hotcakes, fortunes were made overnight, and the humble flower became a symbol of outrageous wealth and speculation.
Then, in February 1637, the fever broke. Buyers disappeared faster than a Dutch winter thaw, and the market collapsed like a poorly built dike. Those who had mortgaged their futures for tulips were left with nothing but petals and regret. It was a dazzling rise and a catastrophic fall—a timeless lesson in the dangers of speculative greed!
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Why do I write about the Tulip Crash?
These days, not many young Trader and Investors know about it. And why not learn from the past?
Happy profits all.
BTC/USDT Weekly Chart Analysis. BTC/USDT Weekly Chart Analysis.
A classic bullish reversal pattern has played out successfully.
The structures of the left, head, and right shoulder are perfectly aligned, confirming the breakout above the neckline.
BTC has broken its previous all-time high resistance, pushing above the $100,000 level with strong momentum.
The current sharp rally suggests overextension; a pullback could occur.
Trendlines and Resistance Areas:
BTC has crossed a long-term upward trendline and broken above the resistance area (highlighted in beige).
The breakout signals a shift in price discovery with a possible consolidation or retest.
The 21 EMA (black line) remains well below the current price, confirming bullish strength.
If the momentum sustains, BTC could rise to $120,000-$130,000 in the coming weeks.
The previous resistance area ($80,000-$85,000) could be retested.
This would allow for consolidation before the next leg up.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
BTCUSDT 4h-8h long updatelast BTC idea was a succes check it out for reference. we managed to find good support on the SND after some bloody absorption which made me take a nice and easy 2rr trade. it might not seem much to some of you but this is how real trading goes. actual analysis, actual trading rules, actual entry criteria and a good amount of backtest data to back it up. this is what makes a profitable trader. I tried to look for a re-entry on the second SND touch but it didnt match my entry criteria so i sat on my hands.
I'll be looking for new trades now since another big MB was formed which needs to be mitigated ofcourse.
Bitcoin Analysis ==>>Ready for Correction!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($102,280-$101,000) . (We saw the fake break ).
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing 5 impulsive waves , and we should wait for corrective waves .
Signs of the completion of the main wave 5 in the one-hour time frame:
1-BTC broke the Uptrend lines .
2- Shooting Star Candlestick Pattern formation
3- Regular Divergence(RD-) between Consecutive Peaks.
I expect Bitcoin to fall to at least the Support zone($99,600-$98,000) in the coming hours .
⚠️Note: If Bitcoin goes above $102,540, we should expect a new All-Time High(ATH).⚠️
⚠️Note: If the Support zone($99,600-$98,000) is broken, we should wait for Bitcoin to fall at least to $96,500.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour 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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC-USDT 15MIN - Levels: Supports and ResistancesWe are still in a distribution phase with corrective signals that could lead BTC to correct 20% before continuing its rise.
TRADEX BOT NEWS:
We are developing a security system so that all users and their strategies are adequately protected.
We will have more news soon!
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BTC-USDT 15MIN - Levels: Supports and Resistances
LEVELS:
RESISTANCES:
102K (resistance)
103.5k (ath)
TP1: 106k
SUPPORTS:
95k (base of bullish channel)
90k (38% previous bullish impulse)
85k (50% previous bullish impulse)
81k (61.8% previous bullish impulse)
If you look at the TOTAL 3 = AlTcoins -ETH chart, you can see that at the moment it is more interesting to enter ALT values than BTC.
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Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
BTC Short-term Pullback or 20% Market Correction?We see BTC buyers exhaust themselves, as RSI momentum lose traction. The question now is whether, this is a short term pullback before retracing to near 100k or is this a significant correction to 80k territory before lifting off again?
My view is short term bearish, longer term to be decided later.
BITCOIN UPDATE. the lower channel boundary and 100-MA support hold, Bitcoin could resume its uptrend towards the $104,000-$106,000 range. However, a breakdown below $96,500 on the broader chart could test support near $92650 or even the 200-MA.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
BTC/USDT Weekly Chart Analysis!!Bitcoin is trading within a broad bullish structure on the weekly time-frame, following a breakout from a key long-term resistance level. The Ichimoku Cloud and moving averages provide insight into trend strength and key support areas.
BTC recently broke a long-term resistance (~$76,000). The chart suggests a possible retest of this level to confirm it as new support.
Bitcoin remains above the Cloud, indicating a continuation of the bullish trend
The Tenkan-sen and Kijun-sen are moving upwards, supporting the momentum.
Increased volume around the breakout zone confirms the upside move. Keep an eye on any spikes during the retest.
Immediate Support: $95,000 (local structure).
Key Retest Area: $76,000 (former resistance).
Short-term Target: $105,000.
Key psychological barrier: $120,000.
A successful retest of the $76,000 area could lead to a move towards $105,000, with the next target being $120,000.
Failure to hold above $76,000 could lead to a return to lower support at $65,000-$60,000.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated on market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BTC/USD Week Chart Retrace to $70,026In this idea I illustrate how a set of ascending scallops move in regards to each other. Highlighted in the chart is the first scallop that took us to justs above 100k. I know everyone is bullish and there will be dissenting views, but hear me out. The bull run is not over this is just natural movement. The first scallop almost always retraces to the left top of the hook to form the rounded bottom of the second. This scallop retraces the farthest of any in the set. I hope this helps and it looks like we will resume upwards movement in January. Blessings to you guys and long live bitcoin.
ND
BTC-USDT 1D Looks bearish... it will probably be bearishIf it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.
TRADEX BOT NEWS:
We are developing a security system so that all users and their strategies are adequately protected.
We will have more news soon!
Thank you!
_______________________________________________________
BTC-USDT 1D Looks bearish... it will probably be bearish
If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.
I'm not going to go into details. BTCUSDT broke the resistance zone and as we all know it surpassed the 100K level.
For BTC to continue rising, it needs gas, and that gas is in all the SLs below.
My strategy at the moment is to let the corrective movement take place and test the resistance to get back into a bullish position on the rebound.
Good luck to everyone in your decision making :)
__________________________________________________
Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
BTC on BUY! - But on 92 - 91k! Understand Why!Bitcoin looks promising as both retail and institutional players hold onto their profits. If BTC had reached 100K, it could have triggered liquidations worth approximately $2 billion, but that scenario didn’t unfold.
What’s worth noting here is the SMA that previously acted as support around the FWB:67K level. Historically, SMAs don’t always provide pinpoint resistance or support. Instead, they can often dip slightly before reclaiming their role as support. Buffer zones are crucial when relying on SMA levels.
Key Observations:
• BTC Outlook: Currently, BTC appears slightly weak, with potential movement toward the SMA level of $92,490 (previously $91,658 as of December 2, 2024).
• TPO Zone: Watch for a TPO zone between $91,658 and $91,091, which represents a strong area for fresh buying opportunities.
• Short Setup: Shorts can be initiated at the current market price (CMP) with a risk-reward ratio of 1:3, provided a proper stop-loss is maintained.
Trading Plan:
1. Shorts:
• Entry: CMP
• Stop Loss: Tight SL for 1:3 risk-reward.
2. Fresh Buys:
• Entry Zone: $91,658 to $91,091.
• Avoid initiating buys above this zone to ensure optimal positioning.
⚠️ Pro Tip: When trading based on SMA levels, always account for minor deviations. Incorporating a buffer ensures that sudden dips don’t shake you out of a solid trade idea.
BTC/USDT 4-Hour Chart Analysis Ascending Channel Formation !!
The chart shows a distinct ascending channel, with BTC adhering to the upper resistance and lower support trendlines.
The 21 EMA (yellow line) serves as a significant support level, with the price demonstrating signs of respecting it. The lower boundary of the ascending channel is closely aligned with the current price level, adding another layer of support.
BTC has pulled back to the channel's lower support zone (~$95,700) after struggling to maintain a higher breakout attempt. The green arrow projection indicates a potential bullish reversal.
Although volume data isn't displayed here, a rebound from this level generally requires increased buying activity to sustain a bullish momentum.
Immediate Support: ~$94,000 (channel support and psychological level).
Resistance Zone: ~$98,500–$100,000 (channel top and round-number resistance).
A successful bounce from the support zone could drive BTC towards $98,500 and possibly retest the $100,000 resistance.
A drop below the ascending channel and $94,000 could lead to further declines, targeting the $92,000–$90,000 zones.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BTCUSDT Analysis: Short Opportunity Targeting $95,093 Overview:
BTC is currently demonstrating weakness as it fails to hold above key levels. The recent rejection around the previous session’s POC and the inability to sustain above critical moving averages signal bearish momentum. A short position targeting $95,093 appears highly favorable given the prevailing market conditions.
Justification for the Short:
1. TPO Analysis:
• The visible TPO structure highlights weak buying support in the current session. The price has consistently failed to establish a solid value area above $96,178, indicating that sellers are dominating.
• The lower TPO levels below the $96,178 mark show thinly auctioned zones, suggesting that the market is likely to revisit and fill these inefficiencies.
2. POC Rejection:
• The rejection at the current session’s POC aligns with the bearish sentiment. The price was unable to reclaim this level and establish new value, reinforcing the downtrend.
• The TPO suggests strong resistance at $96,390, which further validates this bearish bias.
3. Moving Averages Breakdown:
• BTC is trading below key moving averages (marked in orange and pink), which are now acting as dynamic resistance levels. This signals that the bears are in control and a downside continuation is likely. Also a death crossover on the benign
4. Prior Analysis Nullification:
• While earlier BTC analysis leaned toward recovery, the failure to sustain momentum nullifies that outlook. The recent bearish reaction at key levels indicates that sellers are overpowering any attempt at bullish recovery.
5. Volume Profile Confirmation:
• The volume profile shows a sharp drop-off below $96,178, with low-volume nodes extending toward $95,093. This indicates minimal buying interest, paving the way for a swift move to the downside.
Key Levels:
• Resistance: $96,390 (POC), $96,178 (recent high TPO level)
• Support: $95,093 (Target and next major TPO base)
Trade Idea:
• Entry: Below $96,178 for a conservative short.
• Target: $95,093 (value area and next major support).
• Stop Loss: Above $96,390 (rejection point).
• Risk/Reward: Favorable due to clear downside levels and TPO inefficiencies.
BTC/USDT 4H Chart AnalysisBitcoin remains within an ascending channel, respecting both the upper and lower trendlines.
The price is currently hovering near the channel's midline, indicating indecision.
Support: $94,500 (ascending trendline and psychological level).
Resistance: $96,800 (recent local high).
The 21 MA (yellow line) provides dynamic support, but the price action shows some weakness in holding above it.
Declining volumes indicate low conviction in recent price activity.
Momentum appears to be neutral, awaiting a catalyst for direction.
A breakout above $96,800 could push BTC towards $100,000.
A breakdown below $94,500 could lead to a retest of $92,000 (lower trendline).
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin