Btcusdtlong
BTCUSDT at hourly support, likely to bounce towards 71.2kThe price has hit the weekly resistance WR1 and has pulled back from there. The price has been pushed down from that resistance and it has now hit hourly support HS1 on this pullback. This support zone will provide support to the price and the price is likely to bounce enough for a long trade opportunity. We try this long trade towards weekly resistance around 71.2k area. If we lose this support then we are going likely for the daily support zone.
BTC Fractal - 3 Reasons why ATH is still COMINGI've been saying for some time now that the real ATH is still ahead of us. I base this on a few points of observation. First, the Elliot Wave Theory:
Then we're taking a look at an inverse H&S pattern observed on the daily:
Another bullish point to consider is that we have been able to hold above 60k successfully, showing that buyers are scooping up lower entries and putting pressure on bears. Historically, it is considered bullish for the price to consolidate under a resistance zone.
Our technical indicator is also overwhelmingly bullish.
After a cooldown from being "Overbought", we're now ready for another impulse wave up.
And lastly, from a logarithmic view, BTC still has room for growth considering we haven't "peaked" out yet:
Note that here, I'm not intending to say we're going straight to 400K with the next impulse wave. Rater, it is a multi-year outlook on how BTC could grow to much higher prices.
In terms of the correction, we're seeing bullish indicators on the price and so it SEEMS that the pullback may be over and we're ready for another impulse wave up (3 steps). I used WXY to demonstrate how it legs up in three unique phases, on top of the normal Elliot 5 waves.
And so it is important to note that even if we do fall lower to continue down with a correction, as long as we do not fall LOWER than the previous point X (as seen on the fractal in green) we are still very much in a macro bullish cycle.
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BINANCE:BTCUSDT MEXC:BTCUSDT
Bitcoin CUP and HANDLE pattern ☕️ Buy the dip-Take the sip🤩🤩60000 $ to 61000 $Price Range is quite holding well.
➣ Bitcoin price is forming rounding bottom in the 60k-61k price zone.
➣ While 65000 $ is the major resistance. We may some good action this point. But the Weekly and Daily uptrend is intact which confirming the BUYING sentiment.
➣Accumulate at current market price we may see further upside in coming sessions.
BTCUSDT: 80K On The Way! Dear Traders,
BINANCE:BTCUSDT recently ranged between $60000 to $65000, however, price created lower low and then lower high and failed to continue the pattern, in other terms price took our the sell side liquidity and then after price early mitigated. Currently we are expecting price to continue the bullish momentum until it reaches 80k
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UPDATE ON BTC NOW NOW NOW LONGThe recent completion of Bitcoin’s halving has brought excitement among market watchers about what’s coming next. The focus shifts to the altcoin market, which many anticipate will experience significant growth. Renowned crypto analyst Robert Mercer notes that Bitcoin’s dominance is nearing a peak, suggesting the start of an altcoin season.
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[BTCUSD] - EXPANSION! 🔸in daily chart can notice a power of 3 (Accumulation ,, manipulation ,, Expansion)"
🔸we are in stage 3 (expansion) accordibg to my vision..
that matching so likely with RSI indicator...(breaking out multi-month trendline)
🔸must be considerd that the price breaking out a POC line with large green candle too
🔸price now testing the 0.618 fib (golden level)
🔸so that... need a daily close above the golden level and u will watch new ATH for BTC.
appreciating for supporting us with ur like and hit "follow" for more updates🎯
How Will Crypto Prices Shift Next? BTCUSDThis week, we bring you a roundup of significant events in the cryptocurrency world. Last week’s anticipation of US inflation data causing volatility was realized, pushing Bitcoin up by 10% to $67,000. With such movements in the backdrop, what can investors expect in the coming week? COINBASE:BTCUSD
Bitcoin Eyes Resistance at $71K or $73K?"www.tradingview.com
Bitcoin has finally exceeded 65,000, giving rise to the resumption of the upward trend in accordance with the pattern formed this year on the daily chart.
we can see bitcoin at the level of 74,000 in the coming weeks.
Bitcoin appears to be exhibiting strong bullish signals. Increased interest and a favorable fundamental backdrop could contribute to price strengthening. It's prudent to monitor specific levels closely, as breaking through them may signal further movement, with corresponding targets outlined on the chart.
Btcusdt Long setupBtcusdt made a cup & handle pattern on price action
handle of the cup or flag is in the making we can trade between
the range.
Buying is recommended at the area of
54650 to 44700 with the stoploss of 36900
For the target area of Tp1 84000 Tp2 115000 & trail.
If you're a leverage trader buy at above the
breakout area of 74000. SL below 66000
Target remains the same
Bitcoin - The ATH is STILL COMING ! Here's Why👉📉 BTC-USDT with Elliot Wave Theory Analysis 📈
I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far.
As I've discussed in previous posts, BTC normally stops at a -30% correction. That will put us HERE exactly:
The good news about this, is that wen the corrective wave (Wave 3-4) is over, we can expect the final impulse wave up (Wave 4-5). We may yet still see another ATH in the near future!
Remember that correction waves also consists out of smaller corrective ABC waves, as seen in the next chart.
According to Elliot Wave Theory Math, our next target should be the FINAL ATH :
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CryptoCheck
BINANCE:BTCUSDT
📈Bitcoin on its way to $80K? / Serial analysis on BTC📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders.
⚡️ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr.
📈 What to Expect Next?
💡The price of Bitcoin is in a vital situation. As long as the price is above the BB midline, the bullish scenario is quite valid.
The bullish scenario targets are on the price chart.
🔑Key Insights:
The level of $72,784 is the optimal level for risk-freeing long positions.
The risk of this position is lower in the upward direction due to the price trend. But in the case of falling prices, a possible scenario is drawn in the chart.
📉On the other hand, if the price fails to receive the necessary support at the mentioned level, the bearish scenario will be activated around the target of $69,400.
A price stabilization below the middle line of the Bollinger Band can push the price down to pullback to the pitchfork.
◀️Reverse scenario:
🔴Major and hidden divergences are also plotted in the chart. The $67000 level is Bitcoin's support in a bearish scenario.
🔴The main divergence is related to the OBV indicator, which reinforces the bearish scenario.
On the other hand, the hidden divergence is related to the RSI indicator, which reinforces the bullish scenario.
🔴The failure of specified support level will bring Bitcoin down to around $65,100.
✅Entering a bearish or bullish scenario with the help of price behavior above or below the 4-hour Bollinger midline can be the most optimal strategy in the current market conditions.
BTCUSDT long from 4h support 62.6k-63.0kThe price finally went deep into the 4h support 4HS1 and presented an ideal opportunity to go long. That is a good support zone and therefore I have taken this long. The price may head way beyond the target. But for now we keep that as a target of this trade and we will revavluate later to continue this trade further towards 4HR1 and 4HR2. Let me know what you think in the comments.
BTCUSDT: Drops Towards $53000 region may help us hitting $80000.BINANCE:BTCUSDT price currently in making of AB=CD pattern, it is likely to touch and reject at the $53000 which area remain crucial for most of the swing investors. The following news we can significant impact in the crypto market also 50k to 53k area remain extremely bullish. With accurate entry at 530000 area when we can target 80-100k possibly.
BTCUSD: Go long at support
Judging from the graph, there will be another decline, and there is a high probability that a strong support will be formed near 59500. I have marked the approximate position on the graph.
After the price reaches this point, start going long, rebound to near the upper resistance, and take profits in batches. Pay attention to risk control during the transaction, and leave me a message if you have any questions.
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.