BTC Butterfly Pattern (entry 29100)4h time frame
-
Bitcoin is approaching the falling trendline which Ethereum already broke out, so we can predict Bitcoin tend to go upside in near future. Also, Bitcoin is creating a potential bearish harmonic pattern_butterfly, which utilize 1.272 Fibonacci Projection to estimate PRZ at 28900~29100. Further, combining our previous analysis of potential Head and Shoulders structure, the top of right shoulder might appear at the range 29150~29500. Therefore, once Bitcoin maintain this pumping momentum and go into this zone, we can observe whether reversal PA appear, then it could be the best short entry before this bear bottom.
Btcusdtanalysis
SasanSeifi 💁♂️BTC daily / updateIn the daily timeframe, as you can see, based on past analysis, after a correction from the important resistance zone, the price started moving positively and is currently trading around the price range of $26,900. From a technical perspective, the previous report remains valid, and in the long term, we might witness a price correction towards the correction targets in the price range of $22,600.
Currently, the key resistance levels ahead are $27,300 and $27,800. Possible scenarios to consider are as follows:
If the price manages to break above the important resistance levels on the daily timeframe and holds above them, there's a possibility of further growth towards the liquidity zone at $28,200 and the supply area at $29,200. In this case, keep an eye on how buyers respond, as a confirmation of selling could result in a price rejection.❗
On the other hand, if the momentum weakens and confirms on lower timeframes below the resistance levels at $27,000, we might observe a price correction.❗
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
previous analysis👇
BTCUSD 29/09 MovePair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Consolidation Phase in Long Time Frame as an Corrective Pattern. It has completed " AB " Corrective Wave in a Corrective Pattern " Bullish Channel " if it Breaks Previous Resistance or Upper Trend Line then it will Complete its Impulsive Move
BTC 2 scenarios about short & long2h time frame
-
(1)Head and Shoulders
On the left chart, Bitcoin made a potential HS as our previous analysis. Currently Bitcoin broke the neckline at 26378 and is going to retest it, if get rejection at 26378 again and broke below 25990, Bitcoin will finish the retest of HS structure, and target is 25270.
(2) Falling wedge
On the right chart, Bitcoin is creating a potential wedge, which could be regarded as the continuation structure of the pump wave(24853~27485). Bitcoin might make a lower low at 25800 to reach the wedge bottom again, where is also the Fibonacci retracement 0.382. Therefore, we can keep an eye on that range to open long, if Bitcoin get rid of this falling wedge, target is 27484~27827 first.
BTCUSDT : Short Trade , 1hHello traders, we want to check BTCUSDT chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 28,800. If the price can break this level, the next price target will be 25000. Good luck.
BTCUSDTIn this part of the chart in the 4-hour time frame, we see one of the most powerful ICT concepts called PO3.
POWER OF THREE consists of three parts:
Consolidation
In this section, we see the price range, which causes the formation of liquidity at the top and bottom of this range
Manipulation
In this section, we see a fake but strong move out of the range section, which grab liquidity at the top or bottom of the range, and then returns to the range with the same strength.
Expansion
In this section, we will see the main movement of the market in the opposite direction of the previous fake movement. But before the start of the main movement, we will often see the price return to the broken line of the range and points that are of interest to market makers, such as FVG or order blocks.
In this section of BINANCE:BTCUSDT price action, we clearly see all these three upper sections.
First, Consolidation
Then Manipulation , which was accompanied by a news, and caused Sharpe move above the range line and immediately Sharpe move into the range.
And now we have to wait for the expansion movement. A pullback to the range line and probably to the FVG indicated in the chart and then the start of the main trend towards the targets indicated in the chart.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
Bull Run For BTC Traders. My Trade Lookout. {24/09/2023}Educational Analysis says BTCUSD may go Long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker Binance.
Because BTCfair value gaps are unfilled in a 4-hour time frame.
So one trade is already on with RR is 1: 17.43
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
BTCUSDT at daily support, likely to bounce to 27096-27196Our swing long idea is still active and running but here is a short term long trade idea for BTCUSDT. The price has hit the daily support DS1 and it is likely to bounce towards 4h resistance 4HR1. Therefore, a long is favorable from this support towards that resistance 4HR1. This resistance zone is sitting around 27096-27196.
BTC create small Head and Shoulders 2h time frame
-
There are two resistance zones Bitcoin reached recently.
1st at 26650~26850, 2nd at 27450~27800. Standard strong pump should turn the 1st zone into support after breaking up. However, we can see Bitcoin just went down through 26650~26850. This trend implies weak sign on market. Therefore, if Bitcoin takes more time to create a consolidation structure between 26350~26930, a Head and Shoulders will be following.
TP: 25824~25694 / 25271
WILL BTC BREAK THIS $27K CEILING???Greetings, dear readers,
Welcome to this BTC update within the 6-hour timeframe.
BTC has been making persistent efforts to overcome the FWB:27K resistance level. However, it has yet to breach the $27.5k mark. Currently, BTC has formed a resistance trendline, and its ability to surpass this trendline is crucial. A failure to do so could potentially lead to a decline back to the FWB:25K range.
In the next few hours, if BTC manages to break and secure a close above the $27.3k resistance, we might anticipate a positive trajectory for BTC. Conversely, should it face rejection and dip below the 21 MA support, we should prepare for a downturn.
I emphasize the importance of conducting your own research and analysis before arriving at any trading decisions.
Trade with care and caution.
Best regards,
Team Dexter.
📊#BTC will continue to rise through an ascending channel📈
🔥Yesterday, we suggested that there may be a correction after encountering resistance after approaching the selling zone 2. We locked in some profits in unity and the correction began as expected. Now we have obtained support in the inflection point zone and are still running well in the ascending channel. The bulls are strong Still in a dominant position.📈
Hope we can return to selling zone 2 again🙏
let us see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BTC Update🚀 #BTC Update: Breaking Barriers Continues! 🚀
The Bitcoin (#BTC) saga continues with breathtaking developments! 📈
Today, the resistance at $26.8k has been decisively shattered, and #BTC is now confidently trading at $27,290. 🚀 The path ahead is clear, with no significant resistance until the $28k mark! 🌟
📊 Current Price: $27,290 (approximate)
🎯 Next Target: $28,000 and beyond
This remarkable breakthrough signifies an extraordinary surge in bullish momentum. The crypto world is electrified as #BTC embarks on a journey towards uncharted territory.
🔍 What's Next?
With no immediate resistance in sight until $28k, the stage is set for potential further gains. Keep a watchful eye on the charts, observe trading volumes, and stay attuned to market sentiment.
💪 Breaking Through! Today's achievement is a testament to the strength of Bitcoin and the resilience of the crypto community. Let's continue to ride this wave together!
#BTC #Crypto #Cryptocurrency 🌊🚀
BTC USDT 4 HR TF Outlook. BINANCE:BTCUSDT
According to my 4-hour BTC USDT analysis, the price is showing the same pattern as ETH. BTC is expected to move upwards from the current level of 26,598. The stop-loss for this trade is 26,350, and the target is 27,000-27,300. The last two 4-hour candles have shown a rejection on the downside, which indicates that buyers are pushing the price upwards.
In other words, the price is currently in a range, but there is bullish momentum building. Buyers are expected to push the price higher to hunt the stop-losses of sellers and to take out the liquidity on the upside.
Please note that this is just my analysis and is not financial advice. Please do your own research before making any investment decisions.
📊#BTC's last upward attack, can it succeed❓🧠After rising for 2 days and 16 hours, we encountered a key turning point resistance area. Now it is the third time we have started to attack upward. I think this time is likely to be the last time.
➡️If we cannot successfully break through the key resistance area this time, then we are likely to start a new round of decline. Of course, I hope that we can successfully break through. If successful, then we may go to sell zone 2.
let us see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BTCUSDT - AnalysisBTCUSDT
W1 - The price is trading in the channel - 31830 - 24860. The most likely scenario is that the price may remain in the channel in the near future, and we can expect the price to move to the level of 31830.
To determine the exit from the channel and the possible start of continued movement:
Long – consolidation and retest of level 31830. Further upward movement to levels 45880 – 68680.
Short - consolidation and retest of the level of 34860. Further movement down to the levels of 19500 - 15470.
What can you expect?
Movements within the channel - with targets 28110 - 30880
Long
Targets - 27300 - 28110 - 28930
Long-term perspective – targets 28110 – 28930 – 30880.
BTC potential reversal zone 29.5k12h time frame
-
According to previous analysis, Bitcoin made a false breakout(or stop hunting) again.
This PA usually creates V shape as we see recently, current question is where does this pump reach, I think the top of this pump is the best opportunity to short before next BTC halving in 2024.
If we take a step back, there is a potential harmonic pattern(shark structure), its D point(PRZ) is aligned with Fibonacci retracement 0.382(as we analyzed before). Therefore, if Bitcoin can maintain this pump, it might reach the end at around 29500.
Entry: 29500
TP: 18000~20000
SL: 30500
Look Beyond BTC : Counters get you REKTHi Traders, Investors and Speculators of Charts📈📉
The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. Trading Bitcoin NOW can be tempting, especially when prices are actively moving. However, acting on impulse without a plan leads to reckless gambling more often than not. Savvy traders wait patiently for ideal opportunities with defined risk-reward ratios.
Rather than reactively jumping into trades, experienced traders proactively plan out trades and target entries. This means identifying key price levels in advance where the risk-reward ratio is favorable. For example, if your analysis shows a strong support level for Bitcoin at $23,000, you would wait to buy until that price is reached rather than FOMO shorting at $25,000. Executing trades according to a plan have higher success rates than jumping-the-moving-train trades.
Look Beyond Bitcoin.
BTC grabs attention when it moves, but plenty of other assets offer worthwhile trading opportunities. Expand your watchlist across stocks, forex, commodities, indexes, and more. Evaluate which markets are exhibiting solid technical setups or fundamental catalysts right now. Don't feel pressured to trade BTC just because it's moving. Sometimes the best trade is no trade if conditions aren't ideal.
By targeting defined entry levels, expanding your watchlist, and waiting patiently for prime risk-reward setups, you take the gamble out of trading. Plan your next trade systematically instead of trading impulsively on emotion. This approach leads to consistent profitability over the long-term.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Bitcoin - Nobody expects such a move.3 month liquidity hited. Level 31730.
6 month liquidity hited. Level 31730.
these levels also coincide with the fibonacci level. this is the seller's discount zone 0.5%
What is interesting is that the monthly high was also taken out, by the previous maximum.
There is still a gap below that needs to be covered.
Nobody expects such a move.
Recently, miners have put bitcoins on exchanges to hedge, I don't know how to find this information correctly.
There is no greed in the market, but there is some liveliness of the market, I started to hear a lot about 32 35 40 thousand dollars for bitcoin from some young analysts.
These are all thoughts in the ear, if you have an alternative opinion, please write.
BTCUSDT at 4h support and likely to head up towards 26600The original swing trade is on but here is another trade idea on shorter time frame. The price has pulled back to 4h support and I think it is likely to bounce from here towards 4h resistance. Therefore, a long trade is favorable here towards 26600.