BTCUSDT Trade Set-Up for LONGHolding support and retesting the zone of 19500, a significant strong bull movement results in a bull market, as $ index shows divergence and higher chances of BTCUSDT going up in next coming weeks
Btcusdtlong
Trade range BTCUSDthe trade plan is described in the chart. you can either play in a range of S1 and R1 OR you can place sell Stop or Buy stop if it breaksout.
BTCUSDT -BTCUSDPERP - SELL - BEARISHbtcusdt is expected to fall from the exact area but could also spike up to the 25000 area and then fall heavily towards 11000$ so stay alert
always use confirmation and always use stop loss.
dont rely on me as i am not your paid investment consultant!
bitcoin analysis - crypto analysis!
BTCUSDT long from 4h or daily support zoneBTCUSDT is finally trading under the daily resistance. This is the resistance in its way before clearing the recent high of 25250. Any pullback currently is very good opportunity for day trading. There can be short opportunities but the momentum in the long direction is very strong and any short for day trade is currently not advisable. Let us try a long if this pullback hits the daily support. This would be a conservative long. A more aggressive long would be if it is taken when price hits 4h support. Let us try small position at 4h support and if price breaks though that then a bigger position at daily support 1 zone.
BTCUSDT to aim up for daily resistance around 22380BTCUSDT has finally managed to move up the very important daily support it broke a few days earlier. Now it is trading above that level and very likely to close above that level. I would expect the price to aim for the daily resistance 1 zone around 22380 with a bit of pullback.
Has the BTC's decline finally ended?
Following the release of the US NFP and unemployment rate data on Friday, BTC saw a small rebound and is currently trading steadily above 20K. In the short term, it tested support near 19500, and institutional orders continue to suppress BTC prices. Market sentiment remains bearish, and overall trend is sluggish. Some predict that the future trend will fall below 10K, but we will not comment much on these predictions.
As I mentioned in a previous article, I have been buying BTC continuously below 20K, and I am currently making a small profit. However, many traders who are bearish on BTC have questioned my strategy. Unfortunately, currently, 80% of the market does not expect BTC to rise in the future due to the large decline that has caused many to lose confidence and shift their outlook from bullish to bearish. However, what I want to say is that the market can only show you what it wants you to see.
The significant decline is obviously a large-scale sell-off and washout by the main players, hoping to clear out all long positions and wait until the market believes that there will be no more increase before starting to rebound. My strategy is to continue to build up my position at low levels. However, it is clear that the current decline has not ended yet, and there may be another wave of decline to make more people believe in the strength of the bears before ultimately forming a reversal and catching most people off guard. I will continue to update my long-term strategy, which requires a significant amount of capital and a good mindset to follow the main players. You may have a different opinion, but we let time witness the outcome. Please stay tuned, and I will update my strategy in a timely manner.
#BTC 12H Bullish PatternBitcoin in Higher Timeframe, formed a Fallin Wedge
WHAT IS A FALLING WEDGE PATTERN?
The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend.
Waiting for confirmation on Breakout above $22K Before looking to make a long position!
Patience is the Key!
BTC: Should hold this support!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC UPDATE
If BTC remains above the support, it might go up, up to 26600
but if support breaks, it could restest the 20k support area.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
3K IS THE REAL BTC PRICE - THE REST IS FOMOBTC is since 69K into the breakdown trend, and until now the trend is around the same for BTC.
There are until now no confirmations for the uptrend, which means not that it can happen.
If we study this update then we see BTC has a good chance to breakdown to START price of the trend and that is 9K
What is BTC really worth if we study the volume and trends and historical view?
Depending on our view BTC is $3055 worth at this moment depending on this TA study.
Again this means not that BTC should break down, but it's a statistic counting for the price action.
There is a good possibility BTC can breakdown between 9-11K coming time
This is our view for BTC and not trading advice.
This idea was made in case we could give a wroth price action for BTC what is it worth, $3055 is the answer
That's also the place where the volume is building. There is nobody that only will hold a lifetime, the goal of trading is to sell when it hit a price action depending on your plan. as warren buffet says, it's not a product as stocks like coca cola what brings profit, it depends here all on total investments.
Further this update is not a day trade update, its only a view of high trade time frame.
BTCUSDT Trade Set-Up for LONGWe see a break down from major support. where it will mostly be willing to come for a retest at the same level. for a short-term trade we are looking for long
BTCUSDT likely to visit weekly support around 19400 and bounceThe downward pressure did not allow the daily support to produce any significant bounce and that led the expectation from previous idea to be not fulfilled. Since the price has broken the daily support and closed below it, it is likely that it will head towards the weekly support. I believe there is going to be a very nice opportunity to long it from there.
btcusdt harmonic Pattern Crab posible relief rally coming btcusdt harmonic Pattern Crab posible relief rally coming
also long btcusdt
my Stoploss is Red Line
and Takeprofit is Green line 1st tp green line
BTCUSDT 1D YASSINEIØS 🎗️👁️🎗️Please respect the analysis. Today is a beautiful day, a golden opportunity. Just a little patience and diligence, we will be the best Happy holiday Any questions about the transaction are welcome⏩
Today I lost 70% of my portfolio, we going to 18.5kApologies for my wronged TA. I went long at our 22.3k support, the 4h showed bearish divergences but I ignored it, initially I was in profit, but in the end I lost a lot... I think this price action no longer is like 2019, but more like 2015. We will retest 18.5~18.6k. I have my long ready. No stop loss this time.
Swing BTC daily 🟢🟢🟢Long position on Bitcoin was initiated between the price range of 20600 and 21600 with TP: 22150 or 23000. The trade has a SL set at 20150 to limit potential losses. It remains to be seen whether the price of Bitcoin will rise to the target levels or fall to trigger the SL.
SL: 20150
TP1: 22150
TP2: 23000
EN: 20600-21600
Happy trading guys! TraderB :)
BTCUSDT hit next daily support, to head up towards 21600 zoneThe price did not go as was expected in the previous post. The price has now hit the next daily support. I believe it is likely that price will have a good bounce from here.
BTCUSDT to head up for next resistance level around 22060As expected in the last post, price hit the daily support level. Now we expect a bounce from here. The price has a higher probability to reach to the next 4h resistance 1 zone around 22060. The rough path it may follow has been depicted on the chart.
BTCUSD SELLWelcome . Bitcoin currency. in a very negative state. With the price reaching strong support and breaking 24000, there is a lot of pressure from the sellers to lower the market. To 22,500 levels in the first stage. And level 22000 good luck. Note: If you liked this analysis, please give your opinion about it. in the comments. I will be glad to exchange ideas Thank you
BTCUSDTBINANCE:BTCUSDT
Although I am an investor in Bitcoin, but my experience in technical analysis says that Bitcoin in fundamental analysis and technical analysis also, unfortunately, is bearish.
BTC:Wait for the turning point
Bitcoin is currently in its third consecutive week of decline and has fallen below the 22,000 support level. Given Federal Reserve Chairman Powell's suggestion that interest rates are likely to continue to rise in the foreseeable future, Bitcoin's price has broken below its previous resistance and hit a low of 21,598 US dollars.
As the semi-annual monetary policy statement continues to affect market sentiment, both fundamental and technical factors have contributed to the price trend of Bitcoin. Higher interest rates have a negative impact on risk assets, including major cryptocurrencies, because holding cryptocurrencies does not generate interest income.
As the commodity channel index (CCI) falls into negative territory, technical indicators suggest that Bitcoin may already be oversold. However, as Bitcoin's price lingers around the next psychological support level of 22,000, breaking below this level could further tilt the price downward. The 21,376 US dollar support level from February lows could become the next support level, but it may also be a new turning point. Nevertheless, it must be admitted that breaking this level could bring market attention back to the 20,000 US dollar level. Therefore, it is advisable to maintain a light position in trading.
I have in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and I also update some daily trading layouts. Thank you for your attention and likes. If you have any questions, feel free to leave me a message, and I will give you the most prudent advice. I hope I can help you.
BTC WEEKLY 3.7.23THIS^^^ is what is correlating with the Daily chart currently . Look at related ideas BTC DAILY 3.7.23 . Well see you later people.
The Best Scenario of BTCUSDT , Personal Idea :)If the resistance and support work like in the graph, the best scenario of my expectation.
BTCUSD Long BUY IDEA KnownFXThis is a risky trade and should only be attempted with a stop loss in place.
If you enter a BUY Limit position at 21800, you should place a stop loss at 21000 to limit your losses.
Your target could be 22500 or 23100. It is important to be aware that these levels may not be reached, so you should look to exit the trade if it does not move in your favor.
BTCUSD BUY Limit 21800.00
TP1 22500.00
TP2 23100.00
SL 21000.00
Use Money Management
