Bitcoin is Ready to Go 🚀UP🚀Again🚀Bitcoin started to rise near the 🟡 Price Reversal Zone(PRZ) 🟡.
🌊In terms of Elliott waves , a Zigzag(ABC/5-3-5) Correction in the 🟡 Price Reversal Zone(PRZ) 🟡 appears to have been completed .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect Bitcoin to go UP to at least the 🎯 First Target 🎯 I marked on the chart after breaking the Resistance lines .
❗️⚠️Note⚠️❗️: If Bitcoin can break the 🟡 Price Reversal Zone(PRZ) 🟡, the scenario will change.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-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.
Btcusdtsignal
BTCUSDT : Short Trade , 4hHello traders, we want to check BTCUSDT chart. The general trend of the market is up, but the price is moving in a range channel. We expect that the specified resistance level will stop the upward trend of the price and the price will fall to around the price of 42000. Good luck.
Bitcoin Analysis 🕯(Master Candle)🕯👋Hi, I hope you have a great weekend.
📚It is better to know that candles are considered as passports for charts. Candles alone or together ( candlestick patterns ) can convey concepts to us that help us identify price trends, and these patterns are in higher time frames , more volume and closer to standard patterns , the more valid they will be.
📉Today, I want to analyze the Bitcoin daily candles for the last week , which, along with the previous analysis, may help us identify the Bitcoin trend .
🕯If you look closely at the candle from five days ago in the daily time frame , you will see a candle with a red body , long and high volume , which contains five candles so far. The name of this candle is Master Candle .
📚 What is Master Candle ❗️❓
🔸 There are different ways of looking at this trading strategy, but in its simplest form, a Master Candle is a candle which contains the highs and lows of at least the next four candles after it. It can be applied to forex, gold, oil , crypto, stocks, and indices.
🔸 When a Master Candle forms, a trade is taken if the High/Low breaks , taken of course in the direction of the break.
💡Also, candles number 2 , 3, and 4 together and on the 🔴 Resistance zone($43,560-$42,780) 🔴 form the Evening Star Candlestick Pattern , which is one of the bearish reversal patterns .
💡Another point that may give us more insight into the value of this Master Candle is that this Master Candle is the longest and most voluminous daily Bitcoin candle since Bitcoin started its rally at $25,000 , and the other point is that this Master Candle has appeared at the top of the ascending channel and near the 🔴 Resistance zone($51,500_$45,340) 🔴 and the Regular Divergence(RD-) between two consecutive peak s can be seen.👇
💡Finally, before making a better conclusion, let's take a look at the weekly candlestick . The weekly candlestick has also formed a Hanging Man Candlestick Pattern near the 🔴 Resistance zone($51,500_$45,340) 🔴 and above the ascending channel . Hanging Man Candlestick Pattern is a bearish reversal pattern .👇
🔔As a result, I expect Bitcoin to decline and at least fill the 🔵 CME Gap($40,325-$39,290) 🔵 before falling to the 🟢 Support zone($39,000-$37,000) 🟢, given the Master Candle's red body and other analyses I shared with you earlier.
❗️⚠️Note⚠️❗️: If Bitcoin can break the High($43,810) Master Candle upwards, we can expect Bitcoin to rise to the 🔴 Resistance zone($51,500_$45,340) 🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), Daily 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.
🚨Bitcoin is Ready to Fill CME Gap🚨✅As I expected, Bitcoin touched the 🔴 Resistance zone($43,180-$42,820) 🔴 .
🌊According to Elliott's wave theory , Bitcoin is completing a corrective Zigzag(ABC/5-3-5) pattern.
🔔I expect Bitcoin to decrease to at least the Support line after completing the Zigzag correction structure, and if the support line breaks, we can expect 🔵 CME Gap($40,325-$39,290) 🔵 to fill.
❗️⚠️Note⚠️❗️: If BTC can break the $44,720 , the Scenario will change.
❗️⚠️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.
🚨The End of the Bitcoin Rally(💡Signs💡)🚨👋Hi, everyone. I hope you had a great weekend.
🧐Today, I decided to answer the question of whether Bitcoin has reached the end of the Bullish Rally or not ❗️❓
⏰To answer the above question, it is better to look at the Bitcoin chart in the higher time frames, such as daily, 2-day, or weekly.
🌐Bitcoin started to increase after the confirmation of ETFs , but it seems that the result of the news should NOT help Bitcoin anymore, because the reality is that no money has entered the market through companies and we have to wait for the approval of ETFs and then their implementation phase. So it seems that the cryptocurrency market has increased well so far with this news, although when the entry of ETFs is done , we can see more growth of Bitcoin ( According to the news, the first ETF will be approved on January 8-10 ).
💡If we look at the 2-day chart of Bitcoin, we will realize that Bitcoin has been moving in an Ascending channel for more than a year .
💡Another interesting point is that the Pitchfork lines played the role of Support and Resistance very well on the Bitcoin chart so that every time a line breaks upwards, Bitcoin moves up to the upper bar.
🏃♂️Bitcoin is moving near the upper line of the Ascending Channel , one of the Pitchfork lines(0.618) , and the 🔴Resistance zone($51,500_$45,340)🔴 .
🌊In terms of Elliott wave theory , Bitcoin seems to have completed the second impulse wave 5 [ although I expected Bitcoin to touch the 🔴Resistance zone($51,500_$45,340)🔴] .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
💡If Bitcoin touches the price range of $34,000-$34,300 , a large amount of LONG positions are exposed to the risk of liquidation , which is unfortunately attractive for exchanges .
💡One thing that can be said about Volume Trading is that, in general, the Volume Trading in the second five impulse waves is much less than the first five impulses == Not a good sign for the continuation of the upward trend of Bitcoin.
💡Another sign that can confirm the decline of Bitcoin is the presence of 🔵 6 CME Gaps 🔵; according to my research, Bitcoin has never created more than 5-6 CME Gaps in one direction, and in the past, Bitcoin has either been in an upward trend or moved down and filled these CME Gaps.
💡In addition, Bitcoin's Dominance(BTC.D%) has approached the 🟡 Price Reversal Zone(PRZ) 🟡, which will indicate the decrease of Bitcoin's dominance in the Cryptocurrency market in the future.👇
🔔I expect that Bitcoin will NOT be able to go above $44,700 in the next days and will fall to the 🟢 Support zone($39,000-$37,000) 🟢 and fill the 🔵 first CME Gap($40,325-$39,290) 🔵 and then spend some time above the support zone. The news of the approval of the fund, if it happens in January, can give temporary growth to Bitcoin, but it seems that the correction will continue at least until the lower line of the ascending channel and the 🔵 Second CME Gap($34,295-$34,160) 🔵.
❗️⚠️Note⚠️❗️: I will try to update you in the lower time frame every day.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 2-Days time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC/USDT Looking BullishTRADE ALERT! BTC
Ticker: BTC/USDT
Entry:43800-43999
Take Profit: 45500-48000
Stop Loss: 40215
Risk to reward: 1:2
Technical Thesis:
Bitcoin is making an inverse head and shoulder pattern ( bullish)
For this bitcoin need to hold 42000$ level.
We have neckline around 44000$
Once price breaks neckline with good volume then target can be 45500$ to 48000$
#BTCUSDT: 48K Upcoming! Dear Traders,
BTCUSDT has been bullish ever since November, and it is likely to reach 48k area as price is extremely bullish at the moment. NFP will have significant impact on the price $BINANCE:BTCUSDT. We will keep you update as price move forward.
We are neutral here and coming days price can reach beyond 50k.
🗺️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.
BTCUSDT Sells Incoming. Hang tightAs BTC approaches the 44-46k levels, we are entering higher timeframe resistance.
Also, there isn't anything on fundamentals that explains the push logically.
Prepare for liquidity grab. Possibly a wick up to 50k and a massive long candle down to 33k, giving nice clean traffic for the clear path up to 90k
🚀Bitcoin is Ready to Attack to Resistance lines Again🚀🏃♂️Bitcoin is moving near Support lines and a cluster of Fibs and lower line of Descending Channel .
🌊According to the theory of Elliott Waves , Bitcoin has successfully completed the Double Three Correction(WXY) in Descending Channel.
🔔I expect Bitcoin to Go UP at least to the Resistance lines after the Descending Channel break.
❗️⚠️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.
BTCUSDT BREAKING SOONBTCUSDT is moving in a pennant on the daily timeframe. To the left, the resistance level is at previous daily-support level.
A breakout upward against the support level will push BTCUSDT to the $4x k range.
However, if bears win, BTC has a chance to hit the $32k- FWB:31K levels
Take entries on the 4hr/1hr. Will be setting alerts both sides, and entering upon volume breakout.
📊Where will #BTC stop in its final sprint❓🧠As I said in my last post, we have completed the breakout of the ascending triangle, so our general direction remains to remain aggressively bullish. We regard the breakthrough and rise in the complex consolidation stage as the final sprint. Based on my post on November 6, it is very likely that we will complete the mid-term target and then enter the correction stage of the large cycle. By then, I plan to hold All BTC spots were sold.💯
⚠️Note that if our bullish defense point is broken, the momentum supporting our rise will be lost, which means that we will stop here. Also don’t forget about risk management.💯✔️
Let's see👀
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BTCUSDTDear Traders,
btcusd has been bullish ever since it dropped to 15000 area from where price just skyrocketed. This sudden jumped in price is due to economic side where investors are more keen in investing in crypto assets than in stock markets or DXY itself. The war conflict also influenced btcusd.
If you like our work then please do consider liking the idea and comment your views.
Bitcoin UPDATE Hello guys.
How are you doing?
I hope you feel great and always be happy and successful.
today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin.
So, as I always said it's not financial advice. please just read and do based on your strategy.
So, Let's go into details.
➖➖➖➖➖➖➖➖➖➖➖
I drew this Fibonacci channel a few months ago.do you remember that?
what a fabulous reactions.
You can find the bottom of Bitcoin easily.
please draw it on BTCUSD. and the price must be on the line chart.
after breaking line 1 (at the top of the first channel) the price changed the trend to complete the pull-bach to the top of the channel.
I expect that the maximum of this movement will be 38300 and then reverse the trend again.
But, if the price succeeds in closing above 38300 by a God Candle (a full candle without shadow at the top and the bottom) and the volume confirms this breakout, I believe that the price can go higher and the first target will be around 47000 and then 58000.
but, it's just a scenario and I don't think the price succeed in closing above the 38300.
by the way, I want to tell you something special.
Every time the stochastic managed to touch the 70 level (and above) and then reverse on the monthly time frame, we had a huge drop.
Please check it out at the below link. (Minimum 84%)
And the consequence is that I expect the trend will reverse soon. That's my idea. and the market maker played this rule to import the money into this game. and burn it.
please think about that carefully. and know that Opportunities in the market flow smoothly like a river.
Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends.
And Tell me do you agree with me or Not?
Please don't hesitate to write your comments below.
❤️❤️ Wish you the best ❤️❤️
Sincerely Yours
Ho3ein.mnD
BTCUSD CONFIRM TARGET 🎯Bitcoin (BTC) price has maintained an uptrend since early 2023. Although the bulls fumbled in September, they are back on track. While a further ascent is likely, BTC needs tailwinds, which may or may not come in the form of an ETF approval. On the contrary, the recent rally seems toppy and is likely to trigger a correction
[EN] ETF BTC: sell with the news! // GaliortiTradingThere are two big and very famous sayings in equities:
1. " the market is never generous ": things are not what they seem and logic does not usually work. Nobody gives money away.
2. " buy on the rumor and sell on the news ". Markets are anarchic and are driven, among other things, by expectations.
The recent history of BINANCE:BTCUSDT is plagued by the latter phenomenon :
1. Three Arrows Capital collapses
The second quarter of 2022 was a major correction in the cryptocurrency ecosystem. Rumors about mismatches in the real assets of most exchanges (including the most important ones) raised concerns about a possible Ponzi scheme. Also, many Altcoins had had spectacular revaluations (bubbles) that were not sustainable over time.
Contrary to common sense, when the rumors came true, the news ofThree Arrows Capital's bankruptcy became known, Bitcoin stopped falling and experienced a counter-trend rally of 43% , which is nothing for a fearful market.
2. FTX collapses
After the collapse of Luna Terra, BTC restarts again, in the summer of 2022, its downward trend. New collapses of small platforms and rumors of problems with FTX assets set off alarm bells again. New lows are reached again in November just with the news of FTX's bankruptcy.
At that time BTC changes its medium-term trend and experiences a 66% counter-trend rally .
3. Approval of BTC Futures to Coinbase
Since the summer of this year, there has been a rumor that BTC Futures will be approved for the Coinbase platform sooner rather than later. The application of different fund managers for authorization to the SEC to trade ETFs also generates expectations of revaluation in BTC. Surprisingly the week that the news of Coinbase's approval to market these futures is heard, BTC plummets counter-trend by 15% .
4. Possible approval of one or more BTC spot ETFs
The SEC will have to decide on its approval before the end of January 2024. It could probably do so during this Christmas season.
If we look at a chart of BTC in weeks we will observe that it is starting to border on overbought levels. It is more than likely that BTC will reach its liquidity zone of $40-42,000. The rumor of approval sounds persistent but this current rally could be a great bull trap for retailers .
All small investors mistakenly believe that billions of dollars will be pouring into the asset from a multitude of funds and institutional managers following the approval news. Nothing could be further from the truth:
- all the managers that have applied for ETF approval have been bought for many months now. The vast majority of the final position has already been bought .
- funds that want to position themselves for the first time in the ecosystem: why would they do it at $42,000 when they can do it at $32,000?
- Probably the largest volume of inflows into bitcoin, in this last stage of the trend, corresponds to the retailer. It is the easiest to catch and to drive out of the market. The latest buying capitulation is more than likely to trigger a gigantic short position that has not been seen for many years. This position will make it even cheaper for large institutional players to enter the ecosystem.
Good advice: BE CAREFUL NOT TO GET TRAPPED IN THE CURRENT RALLY WHEN THE NEWS IS CONFIRMED!
Pablo G.
BTC bext bottom1D time frame
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Previous analysis about Bitcoin PRZ at 31k is wrong due to ETF releated news. Because original Diamond/Head and Shoulders are broken, we will talk about new perspective for 2nd bottom today.
Firstly, dump from 69000 to 32917, there was a 0.382 Fib Retracement at 48189, then kept dumping until 15476. From here, we know the effect of 0.382 Fib, let's see current potential retracement level.
Secondly, dump from 69000 to 15476, 35992 is 0.382 Fib Retracement.
Thirdly, dump from 48189 to 15476, 35693 is 0.618 Fib Retracement.
Further, Bitcoin is creating a big ascending wedge, which is bearish. According to these three factors, we can judge 36000 is current PRZ. This PRZ is made of different Fib level and structural resistance. Therefore, if BTC get rejected, we can expect it to break below this wedge and target is 17600~18600, same as previous perspective.