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BTCUSDTPERP

Bitcoin BTC price moves according to fractal from the past v.2As we wrote in our previous idea, the Bitcoin price has been in a critical zone in recent days. Tonight, sellers decided to step up and activated the red fractal from this idea: At this idea depicted another fractal that was already on the BTCUSDT price chart. The logic of this fractal, and therefore the behavior of buyers/sellers, is similar to the fractal from the previous idea. However, there are slightly deeper drops here, but they have a chance to cover most of the CME GAPs that were formed during the current growth wave. 1. GAP $39310 - 40480, touched, but not yet completely filled. 2. Gap $34100 - 34400, not filled 3. GAP $27000 - 27300, not filled Now you need to closely monitor the indicators of USDT.D and BTC.D, because now there is a redistribution of capital: part of it goes to usdt, and the other part hastily goes to the "selected" altcoins that did not have time to reach the desired target at this bull run. Therefore, the next 1-3 days will be quite volatile, and we recommend that you refrain from trading with leverage. Two events will also "add fuel to the fire" of position breakouts: - 12.12.2023 - the announcement of the latest CPI - 12/13/2023 - the announcement of a new FED rate, the last in 2023, and the speech of Mr. Powell's speech on the outlook for the economy and financial markets in 2024 If you are interested in reading our thoughts and experience, please be active: like and comment on the idea. And we, in turn, will update this idea as events unfold.
by P_S_trade
19
See if you can create a pull back patternHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) Even if it is a movement that anyone can see, your trading strategy can completely change depending on what you react to. Coin markets follow trends. Therefore, trading is carried out using the corresponding analysis techniques. However, what is important is whether you can set the corresponding support and resistance points. (1M charts) Therefore, it was an opportunity to confirm that the HA-High indicator point, 43826.59, was an important support and resistance point. HA-Low and HA-High indicators are trading indicators created using Hikinashi. Accordingly, you can start or end a transaction when the HA-Low or HA-High indicators are touched. It rises for the first time and touches the HA-High indicator, but is unable to maintain the price above the HA-High indicator and is falling. Accordingly, if the price does not rise above the HA-High indicator quickly, it may lead to a decline to touch the HA-Low indicator, so we need to think about ways to respond. However, since the HA-Low indicator has not yet been created on the 1M chart, it is necessary to check support and resistance points. (1W chart) I think the most important chart to see trends in the coin market is the 1W chart. Therefore, the most important factor is whether the 1W chart shows a trend reversal. Looking at the current chart, you can see that Hikinashi is maintaining a strong upward trend as it has not yet fallen below the opening price. It is necessary to check whether it will touch Hikinashi's opening price or lower when a candle is created next week. The indicator that plays an important role in determining the HA-Low and HA-High indicators is the RSI indicator. Therefore, when the RSI indicator falls from the overbought range, there is a high possibility that a new HA-High indicator will be created. Currently, the RSI indicator is located at 34.27(+50) = 84.27. Usually, the overbought range of the RSI indicator is above 70, so you can see that a larger decline is necessary to get out of the overbought range. Accordingly, when the 1W chart falls to the 37253.81-38531.90 range, it is believed that the RSI indicator is likely to move out of the overbought range. Therefore, if the decline continues, the first support zone is expected to be the 37253.81-38531.90 zone. (1D chart) I told you that the 43823.59 point is an important section in re-determining the trend. The reason can be seen in the previous article. In that case, I think the key is how much it has to fall from the 43823.59 point to be considered a downward trend. I think the 1D chart is a chart interpreted from a short-term perspective. Therefore, the trend can change based on the MS-Signal (M-Signal in 1D chart) indicator. The MS-Signal indicator is currently touched. Accordingly, an important question is whether the price can be supported and rise in the current range, 39845.44-42053.66. If the price falls below the MS-Signal indicator and the MS-Signal indicator switches from a bullish sign to a bearish sign and continues to hold the price, there is a high possibility that it will eventually turn into a bearish trend. Therefore, until such a movement is seen, you should think of it as a short-term upward trend and react accordingly. As I have said before, the section most likely to create a short-term pull back pattern is when it falls near the MS-Signal indicator. Therefore, the current decline must be viewed as significant. As I said, when it rises above the 43823.59 point, it is time to split and sell, if it shows support in the current range, it is time to purchase additional items because it is highly likely to form the bottom of a pull back pattern. At this time, the important thing is that if you make additional purchases and the price falls below the support range, you must take a stop loss. In other words, if it falls below 39845.44, a stop loss is required for the additional purchases. Since the HA-High indicator is likely to be created at the 43450.03 point, it is important whether it can rise above 43450.03 quickly. To do so, it is necessary to check whether it is supported and rising in the 39845.44-42053.66 range. -------------------------------------------------- ------------ In the coin market, it is best to trade by following trends. However, you must find support and resistance points to follow the trend and create a trading strategy accordingly. Therefore, your target point is likely to have a detrimental effect on creating your trading strategy. I believe that if you identify movements at support and resistance points and respond with a trading strategy that can reduce losses, you can ultimately end up with a successful trade. The current section is a section where you need to find a time to buy, not a section where you need to worry about stop loss. If you are worried about stop loss, it means that you did not split the sale around 43823.59. Therefore, you need to make efforts to reduce your greed toward your target point. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
2
🗺️Bitcoin Roadmap🗺️(15-minute time frame)🏃‍♂️Bitcoin is moving near the 🔵 CME Gap($40,325-$39,290) 🔵 and Support line . 🌊In terms of Elliott wave theory , Bitcoin seems to have completed its 5-wave downtrend near the support line. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect Bitcoin to Go UP at least until the end of wave 4 and at the next target of the 🔴 Resistance zone($43,180-$42,820) 🔴. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. 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.
Long
by pejman_zwin
16
Bitcoin BTC price moves according to the fractal from the pastThe chart shows the same fractal stretched over at a different time frame. The BTCUSDT price is now in a critical price range. If sellers do not allow the BTC price to update the high in the coming days, there is a chance that a correction will begin according to the red fractal. If buyers manage to fix the BTCUSD price above $44500, then there will be a chance for continued growth according to the blue fractal to the FWB:52K area, which is another +20% to Bitcoin price. Which fractal do you think is more likely to work out? Vote with "like" at comment under idea.
BITSTAMP:BTCUSD
by P_S_trade
26
BITCOIN: HISTORICAL CYCLES AND HEALING ROADMAP!THIS CHART IS BASED ON HISTORICAL DATA In the first cycle, after the ATL, CRYPTOCAP:BTC took 532 days to break above it’s previous ATH. In the second cycle, it’s taken 546 days to break above its previous ATH. If history repeats itself, we could see a new ATH around 385 days from today, possibly by December 2024. ROADMAP FOR BITCOIN HEALING First Halving: July 9, 2016 546 days of the bull market! Second Halving: May 11, 2020 546 Days of Bull Market after Halving 3 Third Halving: April 25, 2024 (Expected) Likely to last 528 days to 546 days of bull market. Based on fractal analysis and chart data, it is anticipated that Bitcoin will reach its next bull market peak in September 2025. Subsequently, a shift back into the bear market is expected. Consequently, a decision to exit the market before September is considered, given that these projections are assumptions derived from fractal chart data. I hope this graph clarifies how BTC's long-term growth dynamics work. Only in a probabilistic approach, this concept is. This chart is likely to help you make better trade decisions if you consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
BITSTAMP:BTCUSDLong
by CRYPTOMOJO_TA
12
Bitcoin Inverse head and shoulders?An idea to inspire others to see the charts from another lens. This is a overall bullish perspective seeing the potential of Bitcoin forming a large inverse head and shoulders. Upside resistance targets forming a neckline around $54,650 followed by a 2024 pullback to the 0.618 around $28.6k to form the low of a right shoulder. Breaking the neckline after forming the right shoulder displayed by the black arrow forecast gives targets up to $200k, but anything above all time highs of $69,000 can be considered respectable profit taking zone. Market structure would need to be reassessed should price deviate significantly from the projected path. Trying to gauge the exact ebbs and flows of the Bitcoin price over the next 2 years is harder than rocket science as the market will of course do whatever it wants, so you should never marry any idea, double down when you're wrong, become overconfident. Always have multiple ideas in your toolkit, identify where you are wrong earlier than others and proceed with dynamism when new data is presented by the market that contradicts your original hypothesis.
BITSTAMP:BTCUSDLong
by TheCheartBreaker
Need to confirm whether to create a pull back patternHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1D chart) There may be different views on the definition of rise and fall depending on how you interpret the chart. Some may believe that the current decline has begun, while others may think that it is a correction to a sharp rise. No matter what you say, this is a problem that can be found out naturally if you wait a little longer. (1W chart) I think the 1W chart is the best way to find trends in the coin market. Therefore, if you look at the 1W chart, you can see that it has only fallen slightly. Even if the next week begins and the decline continues, if it does not fall below the opening price of the last rising candle, I don't think it can be said that the trend has turned to decline. From the perspective of those who entered a SHORT position at the high point, it can be said that it is a downward trend since it is falling anyway, but when looking at the overall trend, I think it can only be seen as a correction that can occur in an upward trend. The period of volatility began first on the futures charts and is expected to last until around December 10th. Throughout this period of volatility, we need to see if there are any changes to the existing trend. Therefore, if possible, it is recommended to avoid trading during periods of volatility when trading spot. In particular, you must be more careful when it comes to stop loss. ------------------------------------------- (4h chart) I think that in order for the price to turn into at least a short-term downtrend, the price must be maintained by falling below the M-Signal indicator on the 1D chart. Until then, I think it's just an adjustment. Therefore, the adjustment is 1st: Near 5EMA on 1D chart 2nd: Near M-Signal on 1D chart It is expected that it will proceed depending on support around the first and second rounds above. If BTC touches the 5EMA on the 1D chart, I think BTC's movement could accelerate again. ----------------------------------------------- (USDT.D 1D chart) USDT dominance fell below 5.89. Accordingly, we can see that the coin market has begun an uptrend. (BTC.D 1D chart) However, since BTC dominance is still above 50, it is ambiguous to say that it is an altcoin bull market. If BTC starts to move quickly, there is a possibility that the prices of altcoins will fall sharply. Therefore, if you purchase altcoins for day trading, I think it is important to sell them when you are making a profit. If you plan to hold it for a longer period of time through a short-term transaction, it is recommended to sell the amount equal to the purchase principal (+ transaction fee included) and reserve the number of coins (tokens) corresponding to the profit. When these methods are used for the first time, they often fail. The reason is that after selling, you buy immediately when the price rises. The above method should not be used in day trading. Since day trading is about earning cash profits anyway, it is best to just sell 100% and earn cash profits. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
6
Need to check whether shaking will start based on 43160.0Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1M charts) It rose and touched the HA-High indicator. Accordingly, the trend is expected to be redetermined based on the 43823.59 point. (1W chart) The HA-High indicator on the 1W chart is currently located at 59370.07. Accordingly, it is necessary to check whether the HA-High indicator falls by shaking around 43823.59. Therefore, as I mentioned earlier, I think it is highly likely that the trend will be determined again based on the 43823.59 point. If a shake occurs, you should check for support around 37253.81-38531.90. (1D chart) The secondary resistance range is 44200.0-47600.0. Accordingly, it is necessary to check whether there is a shake across the 39845.44-42053.66 section to the 44200.0-47600.0 section based on the 43823.59 point. Therefore, it can be said that the 43823.59 point corresponds to the split selling section. The next period of volatility was expected to be around December 9th, but it moved a little faster. However, you need to check whether a new trend is formed around December 9th (futures chart: around December 8th). ----------------------------------- (About altcoin bull market) In order for an altcoin bull market, that is, a bull market that rises even when purchasing any coin (token), to begin. 1. BTC dominance: below 50 2. USDT dominance: below 5.89-6.39 Items 1 and 2 above must be satisfied. And, the general bull market in which all coins (tokens) rise is expected to begin only when BTC dominance rises above 61 and then begins to fall. Accordingly, caution is required when trading altcoins. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
1
UNpopular opinion $BTC down $CME WOuld pay to be contrarian here. all momentum indicators are very much over extended but can run a bit more but i feel time is running out. everyone and their moms are now calling for 40k where were they at 26??? we got a perfect CME gap fill, almost seems to easy to long here which is why we short. and fade the general public. I find it also very improbable on a new rally into the halvening. Imo we go tag the bottom gap at 20,300 to ill the final gap on daily. and chad after the halvening. all shorts got liq/d on the last move. i can see this slow bleed out down to the right before resetting and everyone calling crypto a scam. Holler if ya hear me.
CME:BTC1!Short
by sheffield305
Around 43160.0: Expected to re-establish the trendHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1D chart) It touched above 38745.63 on December 1 and eventually rose above 38745.63. Accordingly, the next volatility period will be around December 9th, and the key is whether there can be a movement out of the 38745.63-41350.0 range. Since it has risen above the first resistance range of 37779.56-38745.63, if it falls below 37253.81, there is a possibility that it will turn into a short-term downtrend. The support zone for this short-term downtrend is 1st: 32917.17-34110.32 2nd: 28923.63(29241.72)-29850.45 You need to check whether you are supported in the first and second sections above. If the upward trend continues, it is expected to determine the trend again around 43160.0. However, the area expected to rise the most is around 44200.047600.0. If that happens, it is expected that the possibility of entering a full-fledged bull market will increase as the HA-High indicator on the 1M chart is touched. If a pull back pattern is created before that and again causes fear in the coin market, then it will be a good opportunity to buy. If not, you should proceed with buying when support appears near the HA-High indicator on the 1M chart. Identifying support and resistance is not an easy task. Since this is also a case that can only be known in hindsight, the key is how to create a response strategy. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
2
A bearish 2024 - 14525?Trying to speculating how bitcoin can feasibly reach 6 figure targets by developing bull structure in the form of a large pennant. This would imply a significant pullback to form new lows targeting 14,525 in 2024. Would need to see signs of weakness around this current price range ideally 45.5k rejection, however price can continue further in which case the structure of the chart would need to be reassessed to figure out what in the actual FibOnaCCi is going on. Key prices in this analysis. 45,505. 14,525. 261,000. No one knows where the market goes, the best guess wins. Oh, and blame yourself if I'm wrong.
Long
by TheCheartBreaker
📊#BTC mid-term goal has been achieved, chase cautiously⚠️➡️We have been actively bullish during this period, and we have also shared our specific bullish ideas with you. If you buy based on this idea, you can consider taking profit and leaving the market, because after we achieve the goal, most people will choose to take profit and leave the market, so in order to prevent possible dumping, it may be very wise to lock in profits in time choose.💯✔️ 💥We must not be weak when we should be greedy. 💯✔️ ⚠️We need to be cautious when others are greedy. ⚠️ 🔥Congratulations to all the friends who followed us to print money🎉💰🍻I have helped everyone make money, so I hope you can also help me. Please remember to share my analysis posts and channels. 📤 ➡️We will patiently wait for new opportunities to arise. ☕️
Long
by wolf_king888
🚨Bitcoin is Ready for Correction🚨✅Bitcoin moved as I expected in previous posts and was able to touch the upper line of the Ending Diagonal again ( MicroStrategy helped in this movement by buying $600 million of Bitcoin). 📚The Ending Diagonal Pattern ( Elliot's point of view) is the same as the Rising Wedge Pattern ( Classical Analysis point of view). 🌊According to the theory of Elliott waves , Bitcoin is at the end of the main wave 3, so to complete this wave, microwave 5 of the main wave 3 had an Ending Diagonal structure. 💡In my opinion, the Ending Diagonal Pattern is standard so that the Fibonacci ratios are consistent with this pattern, as well as Regular Divergence(RD-) between Consecutive Peaks . 🔔I expect Bitcoin to start falling after breaking the lower line of the Ending Diagonal Pattern and Support lines and at least fall to 🟢 Support zone($36,000_$35,280) 🟢 or maybe Fill the lower 🔵 CME Gaps 🔵. ❗️⚠️Note⚠️❗️: If BTC can break the 🟡PRZ🟡, the Scenario will change. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour 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.
Short
by pejman_zwin
208
Story about Bitcoin BTC price route map for the coming monthsGalleon ships called "Big Money" are increasingly openly entering the vast and boundless ocean of the cryptocurrency market. To fill their holds with gold and spices crypto assets, they need to manipulate the market a bit, and they have the resources to do so. The largest liquidity that is instantly "poured in" is hidden behind the breaking of stop orders. Yesterday, the last portion of stop orders on small long positions that had been accumulating for more than 3 weeks in the consolidation of $30-31k were broken. In addition to providing an instant large portion of liquidity, breaking stops also has another function - knocking competitors out of their positions . Without "extra passengers," it's easier to move the price in the right direction, because no one will record profits in places MM doesn't need and thus slow down the price movement. Therefore, we think that MMs have started an expedition in search of resources with a confusing route called "the Big Saw" . It is very likely that sharp trend reversals will occur in the most unexpected places, when euphoric moods such as: well, price has come out of consolidation, now it's definitely "to the mooon", or all is lost "crypto scam". Let's try to predict what kind of navigation map "Big Money" has drawn for itself: since yesterday the price of BTCUSDT was not allowed to gain a foothold below $29500, we assume that at least for the next week, the price is expected to move north, towards $32500 then on July 26, the announcement of the new Fed rate, which is expected to rise by +0.25%. This event may become a trigger for a more thorough correction in the crypto market. Further breakout of the purple trend line, which has been in place since early 2023. On the market starts to feel negative, that "everything is lost" - we fall by $20-10-5 thousand per BTC, panic is a terrible thing. But as soon as a large number of coins are sold and liquidated under the fear of "losing everything," MM can easily reverse the trend upward. We assume that this can happen around $27300. Moving upward, the BTCUSDT price begins to consolidate above $30 thousand, then above $31 thousand, and then the FOMO of small money is activated: we have been deceived, we need to buy now and immediately, after all, "to the mooon" will be. Thus, updating the annual highs of the BTC price is possible, but growth will slow down, because on increased trading volumes that can disperse by"small money", "big money" there will be a good chance to fix at least part of the profit. And in the region of $34000-34200, a fairly deep and powerful correction in the crypto market may begin. But be that as it may, we don't see the BTCUSD price falling below $24000 even in the most pessimistic forecasts by the end of 2023. In general, it is worth remembering that in 9 months, BTC will have "the halving". Roughly speaking, the cost of one mined BTC will double. Now the weighted average cost of one mined Bitcoin is more than $20 thousand. So in the long run, everything will be fine!) Disclaimer: All characters and events described are fictional. Any coincidence with real people or events is a coincidence :) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
46