Btcusdtidea
If you succeed in the "BTC" retest, it will go up to hereHi friends nice to meet you I will share BTC RBI
Bitcoin Is In Retesting After Breaking through Long-Term downtrend line.
If the retest succeeds, the final goal will be at the top of the box pattern.
Check the blue long-term upward trend line
If there is a little more adjustment, it will be a target value.
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BTCUSDT at 4h support, likely to bounce towards 60000Here is a new long trade idea. The last trade got stopped out in spite of the price bouncing from the support we identified. The price has currently moved lower to a 4h support zone 4HS1 and likely to bounce from here to provide a long trade opportunity. If this support breaks then we are likely heading for weekly support WS1 around 51000. Since the momentum is on the downside and the current support 4HS1 is not that significant, I am keeping the position size small. The resistances on the way up are 4HR1, DR1 and WR1. For this trade, we aim for the first resistance 4HR1 and depending on how it reacts there, we can aim for DR1 with a partial position size. Lets see where we go from here. Let me know what you think in the comments.
BTCUSDT at daily support, likely to head to at least 66500We expcted a pullback from 4h resistance 4HR1 and thats now a reality. The price has been rejected from 4HR1 and now it has come down to the daily support zone.Our decision to take profit at 4HR1 and then look for long opportunity on pullback was a optimal one. According to my mention in the last post, I am sharing the setup for the new long opportunity on this pullback.The price is likely to bounce from here and head towards 66500 zone at least. Lets see where we go from here. Let me know your thoughts in the comments.
BTCUSDT at weekly support, likely to bounce hereWe were right at unloading the position there mentioned in the last post while it was still in profit. The price has gone down drastically from that and that 4h support did not hold. Now the price has come down to the weekly support WS1. I think there is good probability that the price will find support here and there will be good bounce for having a long trade opportunity. I have presented a long setup here. At first the idea is to aim for that daily resistance DR1 but we will reevaluate the price action on the way to decide about keeping the position and also take profit along the way. Let me know what is your take on this.
BTCUSDT to bounce from 4h or daily supportWe expected a pullback of the price after it broke to the upside and went beyond bit our target. Now the pullback is slowly maturing and coming to the targets from where it can bounce. Therefore, lets get ready with the relevant levels and the trade setups for long. I have marked two support levels which is attracting the price on this pullback. The first one is 4h support 4HS1 from where a bounce is likely. In case the price wants to go southward a bit further on this pullback then the next support is daily support DS1. That level will definitely give a long trade opportunity. Therefore, I will take some amount from 4HS1 and will add at DS1 in case the price moves a bit more southward. Lets trade it and see where the price leads us.
BTCUSDT → Trade Analysis | BUY SetupHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity BTCUSDT
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BTCUSDT at daily support and likely to head upAnd here comes the setup as promised. The price has hit the daily support and has bounced from there although not significantly. Howeverm it is currently trading above that zone and it seems likely that the price will push upwards during the day and that should result in a green daily candle today. We will reevaluate the price action at the end of the day to see where we might be heading. But for now this is the plan as presented below.
BTCUSDT to head upward towards 72000-73500Here is a trade idea on the long side for BTCUSDT. The price has been trading under the hourly resistance (removed from the chart, but can be seen in the connected post) and now it has trading inside that zone. I mentioned in my last post that I am inclined towards an upward move and I think it seems more plausible with the price action shown in past hours. The target of this long trade is the daily resistance zone which is around 72000-73500.
BTCUSDT rejected from daily resistance, likely to visit 66600So here are the various support and resistance levels which are relevant for the current price action. The price has been rejected from the daily resistance DR1. It tapped the daily resistance DR1 and started moving down. The first support is the hourly resistance and the price may bounce here temporarily but not significantly. The next significant support is 4h support 4HS1 and I think the price will bounce enough there making an opportunity for a long trade. Lets watch it patiently if we get that pullback and if yes when do we get it.
BTCUSDT heading towards daily resistance around 72000The price was pushed down by 4h resistance 4HR1 as we were expecting. The pullback happened and the price went below the 4HR1 zone. I believe we still have move to the upside left and soon the price will continue its upward journey towards next resistance 4HR2 and then very likely towards DR1. Now the question is if the price will start moving up from here or does it have some more downside move left. I think the price will not move down significantly. It might reverse from the current level or it can go to the level B marked on the chart in the best entry case scenario. I am scaling my position up between A and B level.
BTCUSDT Elliott Waves Analysis (Local Expectations)Hello friends.
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Everything on the chart.
Both possible options on the chart,
decreasing in 60-55k (if wave of iii was alreadys setuped).
If not, then waiting for last upward movement before correction in 79-84k zone, after that will be midterm correction.
Good luck everyone!
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It's not financial advice.
DYOR!
BTCUSDT heading towards daily support around 60000The price broke down invalidating our previous trade. Currently it is bouncing from 4h support 4HS1, and I have taken a small position here which I will close around 65000. The price is approaching towards daily support zone DS1 on this drop. This is a broad zone. However, the more robust area is the mid of the zone marked in dark green shade. I think the price has a high probability of bouncing from the dark green zone. I will take a long from the green zone scaling more into as it goes deeper there.
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.
My midterm (6-10 months) expectations on BTC.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
Move coming for Bitcoin! My current TA suggests the next move for BTC is coming. However, which way? There are two possible scenarios. Scenario 1 will be an upside move with a move towards 77k. Scenario 2 will see a corrective move for BTC. I personally believe we will see scenario 1 play out. Most traders believe BTC will see a corrective move and I feel there will be a lot of short liquidations.
Let's see what happens ;)
BTCUSDT likely to move further up and set a new all time highThis is simply ballistic. The major resistance before this move to all time high was 50k-52k region. The price shied away just a bit there before breaking that level and moving up.This itself tells the story of the strength of the moves in the past couple of weeks. The only resistance, which was left, was a weekly resistance at WR1 level but at those levels, its always not a very significant ones. The price has found the way to move beyond it after initial push down towards 59k level. It seems that the price is going to close above the WR1 zone and that will open up the way to more upside moves. There is no need to be bearish and if you in a position, it makes sense to hold for now. Today's weekly close will probably confirm our hypothesis.
BTCUSD 3-9-2024 BULL RUNThis is my latest analysis for BTCUSD. We all know we just reached our previous high again of SWB:69K this month. Well, BTCUSD still have room to move. Right now we've reached a NEW high a little over $70k. BTC can continue to push for $80k or we can pullback for a retracement before we move to our ultimate target of $100k. I'm not saying $100k is the last highest point, but what I am saying, based off FIB levels, $100k is on the horizon to be a NEW ALL TIME HIGH. I will say this, prepare and do your own research. This is just the beginning of the NEXT BULL RUN. 2025 will be AMAZING. In this analysis you can see my levels I tend to track and target. Remember to enjoy the ride and take partial profits along the way. DON'T BE GREEDY!
Btcusd Looking Bullish Long trade Setup Btcusd Break the short time frame Resistance and already Break the main time frame Resistance.
Btcusd looking good for bullish move and must be going For New All Time high.
You can trade on btcusd in the long direction side as strong bullish move expected in the upcoming days as Well