BTCUSDT Elliott Waves Analysis (Local Expectations)Hello friends.
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Everything on the chart. (update)
Entry: market and lower
Targets: 25 - 26 - 27k
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of scenario - 21500
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Btcusdtanalysis
BTCUSD ( High Probability BUY Setup SOON )* Here we can see clearly from our analysis if BTCUSD don't break our support trend line, we're going to be looking for BUY Setups in coming days & weeks,
* If we see a down trend & it breaks our support trend line, we believe it's going to be forming Inverse Head & Shoulder Reversal Pattern ( VvV ) before the big BULL run for BTCUSD this Summer,
* As for us we won't be looking to SELL BTCUSD this coming days or weeks, instead we'll be waiting for the BULL run on our favourite Crypto Currency to trade,
* We're using H4 time frame for a clearer view of our analysis, hence we can't predict the duration of our analysis to occur on the charts,
* Keep a close eye on Crypto Currency King,
* Happy pip hunting traders,
* FX KILLA.
Analysis of the current Bitcoin trendAs you can see, Bitcoin has formed a descending triangle pattern in the 30-minute chart.
and there is a possibility that the price will jump in any direction.
If you refer to the previous idea about bitcoin, you will see that bitcoin is in a daily upward trend and the last swing has not broken its previous swing and the probability of falling and rising is 50/50, so I do not enter this trade as a trader.
But if you want to follow it, you can place sell stop and buy stop for yourself from below and above and wait.
This spike is expected in the next 2-3 hours
BITSTAMP:BTCUSD
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
2 possible options:
yellow if ending diagonal(my main scenario) with touching my main target zone 27-28k, then starting of correction.
orange if correction will start soon - confimartion - fixing under ~22800
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT may head for next 4h resistance around 24450-24550So the step L1 shown in the graph was achieved as explained in the previous post. From the price action characteristics, it appears that the price is not content with being held back by this current 4h resistance 1 zone. I expect a small pull back max to the level shown by S2 step and then move higher on the L3 path. But it is possible that this S2 step might be very small.
BTCUSDT heading up for 4h resisatance zoneThe price is bouncing from 4h support as expected and mentioned in the previous post. I believe this bounce will lead the price to at least 4h resistance 1 zone. Lets target that first and based on the momentum we can see whats the probability of it going further up from that resistance zone.
BTCUSDT to break 4h resisatance and move higherPrice was consolidating under 4h resistance 1 zone and finally broke out of that to the upside. I believe this 4h resistance 2 zone is not going to bother the price much this time and the price, with just a bit of hesitation, will break it to the upside.
Bitcoin BTC price trade and analysis situation on crypto marketToday, we will try to draw up a trading plan for the BTCUSDT pair and the cryptocurrency market in general for the current week.
After BTCUSDT hit a new high last week, sellers tried to push the price down. As a result, the price dropped quite sharply from $25250 to $23350.
The weekend has passed, and it looks like buyers are not planning to give up.
It is very likely that a consolidation trade is taking place now to continue the growth.
Trading plan:
if buyers manage to keep the price above $24000 or breakthrough and gain a foothold above $25200, this is a "strong long" with a likely continuation of growth to at least $27300-27400
if the price is fixed below $24000, the correction will continue to at least $22000, and maybe even lower
The main thing is to wait until one of the conditions is fulfilled and then make a trading decision.
If you look at the ideas that we made last year on big time frames:
Bitcoin & Cryptocurrency results of 2022 and plans for 2023-2025
How much can the Crypto market capitalization grow by 2025🔥?
it seems there is still time, space, and opportunity for continued growth in the near future, both for Bitcoin and altcoins.
What are your thoughts? What will happen to the market this week? Share your thoughts in the comments
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BTCUSDT likely to hit previous 4h support zoneBTCUSDT clearly got rejected from the 4h resistance 2 zone marked on the chart. Currently it is struggling to hold the 4h resistance 1 zone from where it broke out and attempted to break next resistance zone. The price will momentarily bounce here as current zone marked as 4h resistance 1 zone will act as a support.However, a next hit to this zone will let the price flow towards the next 4h support area.
BTC Bitcoin New Week MovePair : BTC ( Bitcoin )
Description :
Break of Structure and Making its Retracement till its Daily Resistance Level
Divergence
Completed " 123 " Impulsive Wave and making Correction for the " 4th " Impulsive Wave
Impulse Correction Impulse
It can Reject from the Current Level or it can Go till the Daily S / R Level
BTCUSDT : Analysis , 1DHello traders, we want to check the Bitcoin chart in the daily time frame. The price has broken out of a descending channel, but this does not mean that the upward trend has started. After settling in a range channel, the price has now reached the channel ceiling. How the price reacts to this area plays an important role in the future trend of the market. In order for the overall market trend to become upward, the price of Byte can break this area well. If the price can break this area, the next targets we expect are the price It will reach 28,000 and then 30,000, but if the price shows its weakness and fails to break the area upwards, we expect it to fall around the price of 21,000. Good luck.
BTCUSDT right on its way to monthly resistance of 35k-37k zoneLet again have a look at the monthly view. We are on the right path on the monthly resistance around 35k-37k zone. This was also mentioned in one of the posts on 29th January.
There will be some pullbacks in between but I think the probability favors that the price hits the monthly resistance.
BTCUSDT heading for next weekly resistance at 29700Weekly candle looking very strong and good. Next weekly resistance sits around 29700. Looks like price is headed first for that weekly resistance. As mentioned in one of the previous posts on jan 29th, the significant target is monthly resistance at 35k-37k range. But let us focus on the weekly first.