BTC/USDT RED LOW TIME FRAMEThis is a low time frame update which shows that BTC has the chance to have a correction in the coming time frame, the weekend trend.
We will follow the trend and see if these red signals are confirmed in the coming time frame.
We followed the BTC before, from a 54K to 62K trend. as this below update shows
About the side where BTC is going, we can't know, since we only follow data.
we never hope for a trend where BTC can go since we always check all 2 sides and where data shows a high chance.
our statics show that we are the best of all coins with data in BTC long term.
Knowing this is BTC there can be always manipulation in trends that can make fake liquidity before it will enter the real liquidity, we have seen before at 56650 before increasing to 62K, in a different way can always happen. make always plan..
data shows there is a chance that 70% BTC will make first a correction
BTCUSDTPERP
Bitcoin Rises Above Key Levels, Eyes All-Time HighBitcoin has bounced back, moving past important support levels and the 200-day Exponential Moving Average (EMA). Analysts predict a small drop in the short term, which could be a good time to buy before Bitcoin resumes its upward climb. Many believe Bitcoin will soon reach or even exceed its highest price ever, signaling a positive trend in the cryptocurrency market.
BTCUSDT (1D Chart) Technical analysis
BTCUSDT (1D Chart) Currently trading at $62800
Buy level: Above $60700
Stop loss: Below $55500
TP1: $63800
TP2: $65000
TP3: $68000
TP4: $70000
Max Leverage 3x
Always keep Stop loss
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#BTC reaches the resistance zone, be wary of falling📊#BTC reaches the resistance zone, be wary of falling⚠️
🧠 After falling according to the rising wedge pattern, we did not reach the ideal entry range, so we missed the subsequent rising space. At the same time, our short order was swept away after setting breakeven, but that's how the transaction was.
➡️At present, we have reached the resistance zone and there has been a correction. We need to be alert to the occurrence of deeper adjustments. The next support area can be focused on the overlap between the downtrend line and the gray support area.
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BITGET:BTCUSDT.P
BTC Update and trade idea by using OB+FVG+SSL Btc has done very well and pumped almost 20% from marked bottom. Now it has created strong high at level of 62.5k. So i believe we can see a pullback here. That pullback will give us oppertunity to rebuy in 57-58k zone. Because you can see a very order block and fvg below the sell side liquidity. Previous SSL has been swept as marked on the chart.
#BTC/USDT#BTC
Bitcoin
The downward channel has been clearly broken on today's frame
It is expected to touch $48,000 before the recovery and rebound begins
We have a sell saturation on the RSI indicator
We have a trend to return above the moving average 100 again
We have a strong support extending from $48,000 to $50,000
A rebound is expected from that area targeting
First target 53,800
Second target 57,300
#BTC bull goals achieved, beware of pullbacks📊#BTC bull goals achieved, beware of pullbacks✔️
🧠From a graphic point of view, we have formed a rising wedge in the ascending channel. It has now fallen below the lower edge of the wedge, which is regarded as a downward signal, so we need to be cautious when we are bullish. If you want to go long, at least wait until the price returns to the buy zone below before considering it.
Let’s see 👀
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BITGET:BTCUSDT.P
What's the nearest future for altcoins?This week, we'd like to take a local perspective through a look at BINANCE:ETHBTC significant drop last week (-7.63%). At the moment the movement is defined by three models.
AMEXP model (green) is located on the weekly timeframe, where we are interested in two levels in the local perspective: 2 point level (0.05115) and 4 point level (0.04622)👇
On the daily timeframe, the current movement is described by the AMEXP model of June 27 (turquoise) and the EXP model of July 7 (yellow).
In the turquoise model we are primarily interested in the level of 1 point (0.05151), level 0.05045 and level 0.04738 (where the price pivoted on July 27)👇
In the yellow model - level 4 point (0.05216) and level 0.044👇
In conclusion, the BINANCE:ETHBTC price may now continue to rebound towards at least the trend line of the yellow pattern, and at most to the zone of strong resistance accumulation from 0.05045 to 0.05216. After that, we may see a continuation of the drop to floor targets such as 0.04622 and 0.044👇
Based on this we can conclude that now most altcoins look weak and we don't see any opportunity to accumulate additional speculative positions - we will continue to work from the accumulated shorts.
Also, a reminder of the open GEP's on CME:BTC1! at $57,805 and $65,835 that continue to be strong magnets👇
#BTC is about to reach the resistance zone, cautiously bullish📊#BTC is about to reach the resistance zone, cautiously bullish⚠️
🧠 From a weekly level perspective, the adjustment may not be over yet, so we still need to be alert to the possibility of continued adjustment, so this period of rise can only be defined as a rebound rather than a reversal. If a bullish structure with the same cycle can appear in the future, then we will have the possibility of a reversal. Otherwise, don't be too optimistic.
➡️We are now close to the resistance zone and the downward trend line, so we need to be alert to the occurrence of adjustments. ⚠️
Let’s see 👀
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BITGET:BTCUSDT.P
$BTC Long attempt #2Despite all the fears, all BTC has done is reach below value and retest January's high to the dollar. With a great reaction to close out today's session as well. The gray box represents the year's value. As shown, short above it and long below it. Very simple. I won't be waiting for BTC to breakout above (although that is likely). Target destination is the other end of value which is 70k.
Friendly reminder that BTC was at GETTEX:29K a year ago! We are not in a bear market. (yet at least)
#Bitcoin It's Over? 🚨 #Bitcoin Update: Big changes could be coming!🚨
We're close to seeing a major shift in the market. The Super Trend indicator, which has been positive since early 2023, might turn negative soon. If Bitcoin closes below $56,000 in the next few days, it could mean the end of the current bull run.
Watch the charts closely! If the price stays above $56,000 and bounces back, we might see a strong recovery. But if it falls below, the bears might take over.
Stay alert and trade wisely! 📈💡
#Crypto
IN EXPLANATION
We are on the verge of confirming a reversal on the larger time frame.
The Super Trend indicator, which has been green throughout the entire market since the beginning of 2023, was also red during the market's decline in 2022. This indicator has been effective in determining whether we are in a bear market or a bull market on the larger time frames, rather than the short-term. While we may experience short-term dips or bearish trends, the Super Trend indicator highlights the broader bullish and bearish movements. It will turn red, confirming a bearish trend reversal on the larger time frame and indicating a bear market if we see a four-day candle close below approximately 56,000.
This would confirm a trend reversal pattern. For the market to continue, the price needs to remain above 56,000 and rebound from this level soon. This could potentially lead to the formation of a giant bull flag. However, if this pullback persists over the next few days and we see a four-day candle close below 56,000 in three days, it could signal the end of the bull market.
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🗺️Bitcoin Roadmap🗺️🧐Today, I want to analyze Bitcoin for you in a weekly time frame so that maybe it can give us a good view of the continuation of Bitcoin's movement .
🏃♂️If you look at the chart, Bitcoin is moving in the Ascending Channel in the weekly time frame, the ascending channel I have drawn seems to be a valid channel, so that the middle line of the ascending channel has played the role of resistance and support well.
🏃♂️Bitcoin is moving near the ascending channel's midline , the pitchfork line , the Resistance lines , and the 🟡 Potential Reversal Zone(PRZ)($82,800-$73,200) 🟡➡️ So it shows that Bitcoin is facing an Important Resistance(Supply zone).
⚖️If we look at the chart, it looks like we can expect similar moves before the 2020 Halving . Move 1 is similar to move 3 , and moves 2 and 4 are similar, so if we want to expect similar moves, Bitcoin should start correcting . And until the 38.2% and 50% Fibonacci corrections (we should NOT consider the decrease of Bitcoin in Covid ). I have drawn the possible move for you in the chart below.👇
🌊According to the theory of Elliott waves , Bitcoin can follow two scenarios, and it depends on future events and news . The scenario is as follows:
🚀 Bullish scenario ( more likely due to Halving, ETF, etc ): Bitcoin has completed the main wave 3 at $73,777, and we should wait for the start of the main wave 4 and then increase towards $87,000-$99,000-$112,000 .
🚨 Bearish Scenario : Bitcoin has finished the main wave C at $73,777 (or a little higher), and in case of breaking the 🟢 Heavy Support zone($50,000-$38,500) 🟢, we should wait for Bitcoin to fall (the fall can continue up to 😱 $18,000 😱). Of course, according to the current market conditions, this scenario is somewhat unlikely, but it is still possible, if Bitcoin goes above $77,000 , this scenario will be removed in general .
💡If we look at the RSI indicator in the weekly time frame , we can see that it seems that the RSI has succeeded in forming a Rising Wedge pattern , which can correct the upcoming correction of Bitcoin.
💡In the 1-hour time frame , Bitcoin has formed an Ascending Broadening Wedge pattern , which can be a sign to start the correction of Bitcoin .
🔔According to the above explanation , we can conclude that Bitcoin correction can start soon ; Bitcoin can have a correction to 🟢 Heavy Support zone($50,000-$38,500) 🟢 and then we have to wait for the next movement of Bitcoin( Re-pumping is more likely ).
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), Weekly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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BTCUSDT - SHORT [Daily Signal]Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that guarantees the security of the bitcoin blockchain. Mining consumes large quantities of electricity and has been criticized for its environmental effects.
#BTC/USDT#BTC
Bitcoin price is moving in a descending channel on the 1-hour frame
The price is moving inside the channel perfectly, it is expected after a slight rise
Then the decline will continue to fill the price gap with a target of 58,000
It is expected after the market recovers after filling the price gap
This decline is affected by the geopolitical events occurring these days
The pattern is canceled in the event of a 4-hour close above 65,000
Bitcoin can Go Up Temporary!!!==>>Short termBitcoin and other tokens faced a sharp drop in price following unfavorable US economic reports and the possibility of tension between Iran and Israel .
Bitcoin fell below $60,000 for the first time in recent weeks. The publication of the US employment report and the increase in the unemployment rate to the highest level in the last 3 years have been the main factors of this fall in previous days. The withdrawal of capital from Bitcoin ETFs and failure to maintain key support zones also fueled this downward trend, and strong selling pressure in the market also provided the conditions for further price reduction.
First of all, I must say that this analysis is short-term , and Bitcoin's trend can continue to be bearish if it does not stabilize above the 21_SMA(Weekly) .
Bitcoin is currently moving in a Heavy Support zone($61,760-$58,400) .
According to the theory of Elliott waves , it seems that a 5th downward wave has been completed and we should wait for corrective waves .
Also, we can see Regular Divergence(RD+) between Consecutive Valleys .
I expect Bitcoin to rise to at least $61,900 .
Note: Because the tension in the Middle East is increasing, especially after 20:30 UTC, try to keep an eye on long positions and make sure not to forget capital management and Stop Loss(SL).
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#BTC reaches support zone📊#BTC reaches support zone✔️
🧠 We have experienced two days of sharp decline again, and now we have reached the support area and gained support. Be wary of the risk of rebound⚠️
➡️If we can stabilize in this area and build an hourly bullish structure, then we will be able to reverse the downward trend, otherwise we cannot be too optimistic.
Let’s see 👀
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BITGET:BTCUSDT.P
#BTC & #Alts If you're down, Read this! I know how you Feel!#Bitcoin Keeping it Simple!
CRYPTOCAP:BTC : Weekly close must be above $62k for a rebound. If we close below that level, BTC could drop to as low as $50,144 to $53,288. It's better to wait for the weekly close—stop staring at the screen if you're anxious.
After a red market comes green, right? So, don't try to catch falling knives. Even my spot bags are down, but remember what we did in the last bull runs? We sold right before the real rally started. Don't make that mistake again. It's better to log out and avoid futures trading.
If BTC hits the $50k-$53k zone, that could be a great opportunity. Why? Alts will have even more discounts, presenting a rare opportunity that comes once or twice in 4 years. So, buckle up.
BTC Dominance is nearing a high, possibly creating a Bearish Divergence. DXY is breaking support, and institutions like BlackRock are buying in. @saylor is raising $2 billion to add more BTC to the @MicroStrategy portfolio. A lot is happening.
You'll thank yourself in the next few months for not panicking. I know it's tough to see your portfolio down by 20% to 40%, but when these alts start making 5x or 10x returns, you'll be in the green. That’s likely to happen soon. So, stay strong, trust yourself, and don't try to outsmart the market. The key is choosing the right coins—I've posted many altcoin setups for that—and being patient with those bags.
If you're new, steer clear of futures.
Conclusion:
BTC is trading around support. $60.3k is a good support level. A weekly close above $62k is crucial. If that doesn't happen, we'll wait for more opportunities. This price action might continue for 4 to 8 weeks before the real rally begins. The plan is simple: stick around for the next 4 to 8 weeks without making rash decisions.
I hope this post helps! If it did, please like and share so more people can read this during these challenging times. Stay strong, WAGMI :)
Thank you
#PEACE
#BTC may build a double bottom bullish structure 📊#BTC may build a double bottom bullish structure 📈
🧠We tested the main support area again and the support responded well. Structurally, as long as our major support areas are not broken, we cannot be overly bearish. If we continue to rally from here and break out of the inflection point, then we have the opportunity to build a bullish double bottom structure. If this structure holds, then our target could see around 69,000. 🎯
⚠️The market is very volatile, so we need to manage risks at all times. Faced with different expectations and results, we all need to think in advance how to respond. ✔️
Let’s see 👀
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BITGET:BTCUSDT.P
BTCUSDT at daily support, likely to head up towards 65kHere is a long idea on smaller time frame.
The price is again at daily support from where it has bounced last time.
I expect the price to bounce again from here towards daily resistance DR1.
Therefore, a long trade setup is favorable here.
Let us see how the price moves in coming hours.
Let me know what you think about this trade idea.
#BTC/USDT TA + Altcoin Strategy, Don't Repeat this mistake!!Welcome to this quick update, everyone.
**BTC Update:**
Yesterday, BTC made a low of 62,300 on Binance but quickly bounced back, closing around 65,354.02 with a beautiful Hammer candle on the Daily chart. While the 4-hour chart still looks bearish, the Daily chart is holding strong around the $63k support level, with the 100 SMA acting as a key support line. This price action is promising.
**My Strategy:**
I'm staying on the sidelines for now, waiting for another Daily candle to confirm if this price action sustains. The Weekly close will provide more clarity. Currently, the market is choppy, which isn't ideal for trading futures. My strategy remains the same; I'm expecting the market to show some fireworks in the next 3-4 weeks. There may be one last dip before a rally, so I'm keeping some USDT in reserve. By the end of this month, I plan to buy 5 strong altcoins that I believe will perform well in the next 6 months. Follow me for the list!
**Trading Advice:**
Don't lose money on futures; this is the best time to build a strong portfolio on spot. If your portfolio is small and you plan to trade futures, make sure you're taking profits on every move. Even the best traders get beaten by the market; the only thing that matters is your position size. If you lose your monthly P&L in a single trade, it simply means you're being greedy and not learning from your mistakes. Don't do this!
I hope this helps! If it did, please hit the like button to support my content and share your views, comments, questions, or chart requests in the comment section.
Thank you, and #PEACE!
BTCUSDT at weekly support, likely to head up to 106000The price had rallied well from the low it has made in the beginning of july 2024. But the weekly resistance WR1 stopped that rally again and the price has pulled back since then. This retracement has now reached a confluence of dailys support DS1 and weekly support WS1.
There is a chance that the price reverses from here but the possibility of dipping it further into weekly support zone WS1 cannot be ignored. However, this daily support will definitely cause some bounce which we can also be used for a long trade but that lower time frame setup we will talk in a separate post. This setup is meant for the long shot where the price is likely to head to 106k area after the reversal.
The current month is looking bullish from the monthly candle perspective and therefore, this a long trade is favorable from weekly support WS1, even though it might dip further into WS1 zone.