BTC: Keep going long, target 30K
BTC has been running around 27K recently, although affected by the news, the market has ushered in a fall, but the support of 25.8K below is very obvious, personal advice, before the market has not fallen below 25.8K, always maintain a long idea, any decline is a better buying opportunity.
Personal operation strategy: btc buy@27-27.2K tp: 28-29-30K
Fifteen years of trading experience, trading signal accuracy rate is as high as 95%, I will share more trading signals to help you make profits!
Btcusdtsignal
BTC/USDT: Formed a falling wedge.BINANCE:BTCUSDT.P BINANCE:BTCUSDT.P
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Alright folks, Let's take a quick look on CRYPTOCAP:BTC , There's a formed falling wedge on daily TF and I believe that this formation could lead the price to the lower levels.
You might ask yourself why?
Well, The reason is that the last formed DARVAS box at $29000 - $32000 and the historical weekly S/R zone formed around at $28800 are rejecting the price here and filled the potential with bearish momentum, So on High TF, There's a high chance for CRYPTOCAP:BTC to gets the ladder to the lower support at $24700.
But the problem is that we can't locate a good entry for Our SHORT after the pattern breaks down (Breaking below the falling wedge).
So, We'll head to lower Time-Frame charts for better understanding of the chart!
Before that, Let's review our Factors on the current chart:
- CRYPTOCAP:BTC has formed a falling wedge and it can lead the price to the lower levels.
- If Price break below the pattern it won't be a tradeable movement, Cause it's going to be a neutral movement towards $24700.
On other hand, For those who are looking for opportunities:
- If CRYPTOCAP:BTC breaks above $28300, We'll have the chance to enter LONG towards $32000 if with a hold above the marked S/R line!
- If the price rejects below $24700 on daily TF, Then it's more likely for CRYPTOCAP:BTC to dive to the lower supports at $22850, $21650 and $20450.
Let's take a quick look on the 4H's chart too 😉
As you can see, There're two potential Price voids which are solidly made by liquidity candles (Explained it as on TV account).
So, As CRYPTOCAP:BTC gets the rejection from the higher order-block, I would like to set my eyes on the lower support at $26500, If CRYPTOCAP:BTC lose the support there, The it'll be likely for Price void to complete the pattern (Dive to $25300 with liquidity candles).
Also, There'll be more rejection if CRYPTOCAP:BTC break below the support zone at $24250, In that case;
Aside of Price void formation, There'll be high chance for CRYPTOCAP:BTC to reach $18K and $15K again! (Even lower if I want to be clear).
But, On other hand, If CRYPTOCAP:BTC breaks above the S/R zone located at $28300, As I said on High TF chart, Then there'll be a chance for bulls to show the growth towards $30200 one more time and test the resistances till $32000.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Bitcoin - resistance monthly (carrection started)The bearish a red trend line
Just as we come to the phase- Sell in May and Go Away
In 3 days the opening of a monthly candle and a weekly candle.
In the next week, the non-farm macroeconomic data will be released.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
BITCOIN short position (more correction expected) ❌🧨Hello 🐋
based on the chart, the price stick in the range market cycle and it is temporary 💡📖
beside
it is close to the descending channel resistance and resistance area and breakout of support to the downside happened 📖💡
for
any other huge pump, we need more correction to the downside 💡📖
👌 Notice: pay attention to the price on shortcut chart (located under the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Bitcoin Growth with Bullish 🚩Pennant🚩 Pattern🚀(Shor term)As I expected in the previous post, Bitcoin was not able to break the 🟢 heavy support zone($ 26,900-$ 26,400) 🟢, but as Bitcoin always does, it created a trap(🐻Bear Trap🐻).
Bitcoin seems to be completing the Bullish Pennant pattern , but maybe the ⚠️ low trading volume ⚠️ on Saturday and Sunday will affect the correct formation of this pattern.
If Bitcoin can break the upper line of the symmetrical triangle , we can consider confirmation of this pattern.
🔔I expect Bitcoin to grow at least up to the downtrend line after breaking the upper line of the symmetrical triangle, and the next step could be the 🔴 resistance zone($ 28,000-$ 27,660) 🔴.
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 be glad to see your ideas in this post.
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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.
switched my main scenario that we're in ending diagonal and now forming only wave of 2 of v.
I Expect growth from current price(yellow marker) or through one more decline in 25-24k zone(orange marker).
Main target zone: 33 - 36k
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
BITCOIN range and correction before more gain 📖💡Hello 🐋
based on the chart, the price is close to the descending channel resistance and resistance area and breakout of support to the downside happened 📖💡
for
any other huge pump, we need more correction to the downside 💡📖
if
the breakout of the first support area (25K) to the downside won't happen, we can see more gain from 25k 💡📖
but
if
breakout of the lower support zone(25k) be completed, we can see more correction to the downside at least close to 23k area and see more gain from 23k level 📖💡
range candlesticks to the upside and downside before any other sharp movement is logical 📖💡
👌 Notice: pay attention to the price on shortcut chart (located under the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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.
Nothing has changed from my last idea.
Long confirmation - consolidation above dynamic resistance (white line on top) Then the target will be 33-36k.
Confirmation of the fall - breaking through 27k, then we go to the +-25k zone, there we will need to look at the structure of the fall and make some decision
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
BTCUSDT H1Hi Guys Hope you well,
chart show you everything's , I think its Nice sell situation .
SecondChanceCrypto
⏰08/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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Mainly shorting BitcoinThe BTC/USDT trading signal given today made some profits in the trading.
So how should BTC/USDT be traded next?Overall, before the upward breakthrough of 30,000 points, the resistance above Bitcoin was relatively large. On the whole, Bitcoin's rebound after the decline was relatively small, and the overall trend of volatility was still maintained.Then in the next trend, mainly focus on the following points.
1.Pay attention to the short-term support area 28200-28000 area. If the support area is not broken, you can try to go long BTC/USDT in small batches.
2.Pay attention to the short-term resistance area 29200-29400 area. If you cannot effectively break through this area during the rebound process, you can try to go long BTC/USDT in small batches.
3.Pay attention to the resistance area 29800-30000 area above, and when the market rebounds to this area, you can boldly short BTC/USDT.
The above are the key areas of BTC that need to be paid attention to in the short term and the general trading rhythm, and I will announce the more detailed trading rhythm and entry position in my channel.If you want to grasp the detailed trading rhythm and master accurate trading signals, you can enter my channel.
Btc Latest Update Btcusdt
As I mentioned in my previous update, I remain bullish on BTC and expect it to continue trading above 27k. My current expectation is that the price of BTC will reach 32,000 to 35,000 .
Brc only needs to break 29450 level for bullish move.
However, if BTC breaks down from the current triangle pattern and closes below it on a candle, I may change my outlook to bearish. As of now, there are no indications of a bearish trend.
Bitcoin is still bullish | Update Btcusdt
BTC is currently moving with an ascending triangle pattern, which suggests a bullish trend. The price of BTC is expected to remain bullish as long as it stays above 27,000. Based on this scenario it is likely that the price of BTC will reach 32,000. However, incase of breakdown we could see a significant drop towards 25,000.
Risk is under you control
Dyor
Btcusdt still bullish till 32700 or 32900 because Best and A big signal for You
Btcusdt Still bullish till 32700 or 32900
because here we found
1: Deep crab Pattern wich is in Process to complete is D it ll be 1.62 wich is perfect area of nearby 32700 posible it can be 32900
2: another thing is our previous upper Trendline is nearby 32700 it can pushed by a wick 32900
3: on weekly Time frame 33000 is our Wave 1 so now we are in Wave 4 if it happen then our wave 1 cant touch the wave
perfect short ll be 32700 or near by 32900 our stop loss must be 33050
#BTC #btcsoaring #Binance #dyor #btcupdate
BITCOIN range market and more dump expected ❌🧨Hello 🐋
the price now again stick in the parallel channel and more range candlesticks between tow area before any other breakout of the previous high we expect to see sharp red candlesticks to the downside
besides
the range market is acceptable scenario too 📖💡
if
we lose our support level we will see correction at least $24000 area ❌🧨
and if
we lose our daily resistance here more gain is logical 💣🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BTC update, SMC...Hello traders, I posted a chart for BTC and we had 2 Scenarios, first one was to pull back and retest to 30k again from the support level of 27.1k and next one was 26k zone...
and first Scenario is activated, and now we should wait for a rejection from 31k or 32.4k before opening short positions...
and targets are 26.5k, 23.9k, 20.5k with stop loss of 33k...
and best entry zone is 30.4-32.4k depends on where and what price we get the rejection....
enjoy trading <3
Has Bitcoin stopped its decline?Is it possible to go long BTCYesterday, Bitcoin plunged as low as near 26942, and tried to break below the 27,000 integer mark successfully. Then Bitcoin is likely to continue to decline in the market and seek support below 27,000.
From a structural point of view, after the Bitcoin bears released the pressure of the technical top divergence, they are currently undergoing shock digestion treatment.So has Bitcoin stopped the decline and can you go long BTC/USDT with confidence?
I don't think so. Since Bitcoin has tried to fall below the 27,000 integer mark, Bitcoin will definitely continue to test downward in the later stage.Judging from the current strength of Bitcoin's rebound, Bitcoin's lack of rebound momentum shows that most traders are still in a wait-and-see state and dare not enter the market easily, which makes it difficult for Bitcoin to maintain an upward pattern.And there is a strong resistance area of 27800-28000 above, and a further resistance of 28800; while the lower support is in the 26600-26400 area.
In addition, special attention should be paid to the need to beware of the traps of technical inducement as much as possible, and to avoid the rising market caused by the behavior of traders who are trapped in long-term self-rescue as much as possible.Therefore, for Bitcoin trading at present, avoid trading traps as much as possible, and do not directly short or long Bitcoin for the time being. If there is a good trading opportunity, I will announce it on the channel as soon as possible. Please pay attention to the trading signals in the channel.
Bitcoin Head & Shoulders!BINANCE:BTCUSDT
Bitcoin has printed into a Head & Shoulders also evident on 4h.
Watch for Fakeout at 30k level for a fakeout and then breakout to upside.
Failing that 28.8k level could retest and provide short term short.
Bitcoin is still Bullish, but watch for major bearish retests to continue to ride to lower levels of support.
But at these levels there are many buyers lurking around so wait for entry trigger confirmations.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.