BTCUSDT Near Strong Trendline Support!BITSTAMP:BTCUSD Techncial analssyso update
BTC price is currently trading at the 200 EMA level, which will act as strong support on the 4-hour chart. Additionally, the price is approaching the trend support line, which is considered a key support level for BTC. The volume profile also indicates significant support in the $ 94K-$96K range. A strong bounce from this level can be expected
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Hexa
Btcsignals
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
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 - $106,967 🎯
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Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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$BTC Looks bullish and ready for more ATHs - LONGCRYPTOCAP:BTC Bullish engulfing on prev 4H close, $107,461 given resistance in effect, Key support at $103,093, $104,987 support yet to be tested. Looks great on 1D, more ATHs to come, $107,857 latest ATH closed with a wick at given resistance $107,461 and testing.
Prediction : Next key resistance areas could be $110,423, $112,255-$112,893, $114,674, $116,908, $119,756.
Bullish Patterns and Bitcoin: A Roadmap to $125KAs anticipated by many, following Trump’s election, Bitcoin experienced a significant surge. On November 14th, it encountered its first notable correction during this upward momentum.
In early December, Bitcoin crossed the critical 100k milestone for the first time. However, this achievement was followed by a swift pullback.
Since then, dips have consistently been met with strong buying activity, and as of now, the price has stabilized comfortably above this key psychological level.
The price action since mid-November reveals the formation of an ascending channel, a technical pattern that historically suggests a 70% probability of continuation to the upside.
A decisive breakout above 107k could confirm this bullish scenario, with a measured target for the next leg up around 125k if the pattern fulfills its statistical expectation.
Bitcoin will make the New ATH!?Bitcoin ( BINANCE:BTCUSDT ) is moving near the Support zone($99,600-$98,000) and has managed to break the Resistance lines .
Regarding Elliott wave theory , Bitcoin completed a corrective wave as I expected .
I expect Bitcoin to rise to at least Resistance zone($102,280-$101,000) and if the Resistance zone breaks , we can hope for a new All-Time High(ATH) soon .
⚠️Note: if BTC goes below the Support zone($99,600-$98,000), we can expect more dumps. ⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
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.
BTCUSD - Possible sells?Here is our signal on BTCUSD . Potential short opportunity.
As the price on BTCUSD is moving in a “range” we could take this into our advantage and sell BTCUSD at the top of it. With smaller time-frames such as m15 we can see a clear break of the 100k support zone. We can enter into safe sells and target at around 98k. Our entry is sitting at the break of the support zone at 100296 . Our SL (Stop Loss) is sitting at 101273 while our TP (Take Profit) is sitting at 98276 .
PARAMETERS
- Entry: 100296
- SL: 101273
- TP: 98276
KEY NOTES
- BTCUSD broke the support zone on m15.
- BTCUSD is trading in a range.
- We are at the top of the range.
Happy trading!
FxPocket
Bitcoin Analysis==>>FallingBitcoin ( BINANCE:BTCUSDT ) is breaking the Support zone($99,600-$98,620) and the lower line of the Descending channel .
According to the theory of Elliott waves , Bitcoin was able to complete Double Three Correction(WXY) .
I expect Bitcoin to fal l at least as far as the width of the descending channel(broken) .
⚠️Note: We can expect more pumps if Bitcoin goes over $99,900. ⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
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.
Is Bitcoin Losing Momentum? Correction to 85K LikelyYesterday, Bitcoin experienced another drop, falling from above 100K and reaching a low of just over 94K, briefly touching the ascending trendline that dates back to the time of Trump’s election.
While the price action since November 5 has been characterized by higher highs and higher lows—usually a sign of bullish momentum—the broader structure appears to signal a potential reversal. This pattern suggests that Bitcoin is struggling to sustain its highs, raising doubts about its ability to maintain upward momentum, at least for now.
Although a new all-time high remains a possibility, I believe it is unlikely that Bitcoin will hold gains above 100K for an extended period. Instead, the more probable scenario involves a correction toward the 85K level.
A critical area to monitor lies between 92,500 and 93,000. A decisive break below this support zone would confirm my bearish outlook and could signal the beginning of a deeper correction.
Bitcoin Roadmap==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) started to pump up late yesterday with the following three News and the important resistance of $100,000 seems to be broken:
1- Federal Reserve Chair Jerome Powell: Bitcoin is like gold( OANDA:XAUUSD ), not dollars.
2- President Putin says, “Bitcoin, Digital Assets will continue to develop".
3- 'Who's Laughing Now?' NYC Mayor Eric Adams Boasts About Bitcoin Paychecks
⚠️Note: As I said in previous posts, the crypto market has become more dependent on the news and reacts to any development or news in the world, so capital management should be observed more than before.⚠️
Let's now look at the analysis of Bitcoin after yesterday's pump .
Bitcoin is currently moving in the Potential Reversal Zone(PRZ) and near the Support zone($99,600-$98,620) .
According to the theory of Elliott waves , Bitcoin seems to be completing wave 4 , and we should wait for the start of wave 5 . The wave 4 structure is a Zigzag correction(ABC/5-3-5) .
I expect Bitcoin to start increasing again after the end of wave 4 and attack the Resistance line . If the resistance line breaks, it can at least go up to the previous top($104,088) .
⚠️Note: We should wait for Bitcoin to fall further if Bitcoin goes below the Support line and the Support zone($99,600-$98,620).⚠️
⚠️Note: Due to the Sharpie movement of wave 3, BTC may not even create a new All-Time High(ATH) (wave 5 will be Truncated). ⚠️
🙏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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Give me some energy !!!Bitcoin is currently on its way to completing the fifth wave of its upward trend, and this wave can continue up to over $100,000.
Previous Analysis
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC: This May Be Your Last Chance Before Exploding to Upside !!
Last year, when I was analyzing this, I wondered if Bitcoin could return to its golden days. At that time, Bitcoin was at $30K , and I was hopeful that good days would come again. Now that Bitcoin has surpassed $80K , I realized that our collective thoughts drive momentum in everything. We had hope , and this hope turned into reality. Now I hope Bitcoin will also reach $100K . Technically, if this weekly candle closes, it can be said that Bitcoin has successfully broken this cup and handle pattern, and after that, it can reach higher prices.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$BTC Update - Given resistance areas coming in effect spot on!CRYPTOCAP:BTC #Bitcoin #bitcoin100k
Given resistance at $103,093 came in effect just as expected, gave this resistance area and more first time on Nov 12th (x.com). Beautiful break at $97,780 and support test before climb towards $100K on 4H and 1D Both! Latest ATH at $104,000 at the time of writing this post. More resistance area predictions given in the quote. Watch Given S/R, $99,361 current key support here as CRYPTOCAP:BTC discovers new support and resistance areas.
CRYPTOCAP:XRP NYSE:TEL UPCOM:FTM LSE:ONE CRYPTOCAP:DOGE and Most ALTs looking good!
Bitcoin- Very risky sell, or wait to buy at 85kLast week, Bitcoin came tantalizingly close to the significant milestone of $100,000 but fell just shy of breaching it. After this near miss, the cryptocurrency experienced a minor correction. Yesterday, Bitcoin tested the $100,000 level once again, only to retreat once more, indicating a persistent struggle to decisively break through this psychological barrier.
Like many traders, I am anticipating a more substantial correction in the near term. One potential strategy could involve selling around the $97,000 level, assuming Bitcoin retraces upward before a deeper pullback.
However, this is undeniably a high-risk trade for two reasons.
First, selling at this level goes against the prevailing bullish trend.
Second, with so many market participants eyeing a correction, there’s a risk that the anticipated move might not play out as expected.
A safer and potentially more rewarding approach could be to wait for a more pronounced correction, targeting a buy around the $85,000 level.
This strategy would align with expectations of a continuation of the broader upward trend, with Bitcoin eventually breaking past $100,000.
If the correction materializes, this level might offer a solid entry point to capitalize on the next leg of the rally.
Bitcoin will Go Down Again!?Yesterday's data, including GDP , Core PCE , and Unemployment Claims , indicate persistent inflationary pressures and a relatively strong U.S. labor market. This could increase the likelihood of continued hawkish monetary policy from the Federal Reserve , typically strengthening the dollar and putting downward pressure on risk assets like Bitcoin( BINANCE:BTCUSDT ) .
Conversely, if markets interpret these figures as nearing the end of the Fed's rate hike cycle , it could be a bullish signal for Bitcoin .
Bitcoin has managed to break the Ascending Channel in the last two days. (as I expected in the previous post ).
Currently, Bitcoin is moving in the Resistance zone($97,642-$97,180) and near the lower line of the ascending channel and Important Resistance line . Yesterday's upward movement can be considered a pullback to the ascending channel (broken). One of the signs of the completion of a pullback can be the Shooting Star Candlestick Pattern ( You can see this pattern in the 4-hour time frame ).
According to the theory of Elliott waves, Bitcoin seems to be completing a corrective wave , a Zigzag corrective(ABC) wave structure.
Also, considering that USDT.D%( CRYPTOCAP:USDT.D ) will again follow an upward trend and BTC.D%( CRYPTOCAP:BTC.D ) will follow a downward trend , Bitcoin may be corrected again. Maybe the conditions( In terms of Correction ) of Altcoins will be better than Bitcoin.
I expect Bitcoin to start falling again after the pullback completes , and the first target is the CME Gap($93,835-$93,720) , and then attack the Support zone($90,000-$88,700) again.
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
⚠️Note: If Bitcoin goes above Resistance zone($97,642-$97,180), we can expect it to touch $100,000.⚠️
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 Daily Update#BTC CRYPTOCAP:BTC Nicely holding given support area $95,878, resistance at $99,361, more expected resistance areas could be $100,334, $103,093, $107,461, & $112,255. As it climbs to new ATH(s), we shall discover new S/R areas. Previous 4H close showing strength to bulls, so does previous 1D close! On 1D $97,780 holds good support, current sideways movement is a very good sign for more ATH(s) to come!
BTC: Potential Bullish Opportunity After RetestBTCUSDT (Day Chart) Technical Analysis update
Recently, BTC price broke through the broadening wedge resistance line and reached the peak resistance level of the wedge. However, the price was rejected at this peak and is now retesting the broadening wedge resistance, which may now act as support. After some consolidation around this level, we could anticipate a strong bullish move, making this an attractive buying opportunity for BTC.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Bullish engulfing was followed thru with a test on $92,786 resistance and breaking towards $95,878 resistance, beautiful resistance and support test on 4H at $95,878 resistance. $97,780 next resistance area, given resistance areas coming in effect nicely, beautiful bullish close on last 4h. Current support at $94,148. $92,786 key support here. Weak volume on current 4H, has plenty of time to recover bullish, let's see how it closes, current range $97,780-$92,786 for short term.
Have posted more resistance areas on my Nov 12 post (linked to this post).
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $92,786 given resistance in effect and holding, Nicely calm here with good sideways movement testing and building support, $88,674 given support in effect, RSI on 4H and 1D looking good, Bullish engulfing on prev 4H, let's see if it follows up with a test of $92,786 resistance.
Bitcoin Analysis==>>First Attack Will Fail!?Bitcoin ( BINANCE:BTCUSDT ) is moving near the Potential Reversal Zone(PRZ) and Important Resistance lines .
I don't expect Bitcoin to be able to break the important resistance lines in the first attack . What do you think !?
Bitcoin managed to form a New All-Time High again today.
According to the Elliott wave theory , Bitcoin seems to be completing the main wave 3 or even main wave 5 in the 1-hour time frame , which can end in a Potential Reversal Zone(PRZ) .
I expect Bitcoin to drop to Cumulative Long Liquidation Leverage and then to $88,000 in the coming hours .
Fear and Greed Index is Extreme Greed (84-87).
For a better understanding , I suggest you look at the analysis below in the weekly time frame .👇
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.
I'm starting to sell BTC. Here is my planIn my previous BTC analysis, I mentioned my belief that Trump would win the election, potentially driving BITSTAMP:BTCUSD to a new all-time high. However, I don’t expect this surge to lead to a sustained bull market. Instead, I anticipate this to be an emotional reaction, with prices likely falling after a few days.
Now, with BTC trading above $80,000, I’m preparing to build a short position. Here’s my strategy:
Since there are no clear resistance levels above this point, I plan to make my first short sale at $82,000 and the next at $87,000, giving me an average entry of $84,500. I’ll set my stop-loss at $89,500, and my target is $74,500, aiming for a 1:2 risk-to-reward ratio.
I acknowledge that this trade is based more on intuition than on solid technical analysis, and I’m fully aware that it goes against the prevailing strong uptrend.
My rationale is that if BTC were to reach $100,000 in a sustained move now, without a solid drop before, it would be “too easy”—perhaps even too expected by all the traders.
And if I’m wrong, well, we can’t win them all, and I’ve already accounted for the potential loss in my outlook.