#btc #btcusd #elliottwave short sell setup wave 4 28Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
BTCUSD.P trade ideas
Corrective It is expected that the downward trend will continue until the support levels as well as the specified time frame. Then, according to the behavior of the price in this range, the continuation of the movement process will proceed according to the specified paths
HolderStat | BTC pullback from resistance📉 BTC price fell by 2.6% overnight to $95,840, confirming expectations of a pullback from the key resistance level. At the same time, trading volumes grew by 14%.
📊 Funding rates remain low and open interest in futures rose 0.9% overnight - signs that players are preparing for the next move. Notably, one tracked wallet made a selloff at $98,031, which could indicate profit taking by a major player.
💡 The market is showing signs of localized weakness, but the dynamics of volumes and open interest hint at a possible accumulation of positions. Watch for further support levels and activity of large purses for entry points.
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Bitcoin Short: End of Wave 2From the chart you can see that Bitcoin has completed 5-waves on multiple degrees and then we have a first wave down after an ending diagonal.
Now my target for it will be $72,000. For this idea, that also means that Microstrategy is going to crash.
Three Valley, A river on $BTCDid you spot this famous pattern forming on bitcoin usd chart. It will be interesting to see how it plays out. Merry Xmas and happy New year
Are we just getting a bull trap for $BTC?That is the Christmas spirit. Looks like we've been bull-trapped.
Hopefully this will not last and our demand zone will prevent this correction.
For now there's nothing we can do about it except watch it.
Stay safe.
Be kind to the world and each other!
$BTC following yesterday's updatesYesterday I was initially a bit skeptical that we might not have corrected hard on an Eliot wave yet. But after I delved more into the charts and the altcoins around them, I became more and more positive.
Now we actually seem to be getting a bullish breakout that looks solid for now there are a few zones that are super important to keep an eye on.
There are a lot of bears on the road around 97k. (Dutch pronunciation: Meaning obstacles on the road)
If we manage to break the bears and have the 100k in sight again, that is our last piece of trouble to complete the bull run.
For now, wish you a very Merry Christmas Eve and Merry Christmas.
More later
Be kind to each other and the world!
Next Bitcoin Long Setup at $87K
Next Bitcoin Long Setup at GETTEX:87K
Hey Crypto Enthusiasts,
I'm eyeing a LONG setup on Bitcoin (BTC) at the $87,000 mark. Here’s why this level is significant:
Historical Resistance: GETTEX:87K has previously acted as a resistance level where Bitcoin faced considerable selling pressure. Breaking this barrier could signal strong bullish momentum.
Market Sentiment: With recent posts on X discussing accumulation around this price point, there seems to be a consensus forming around this level as a potential entry point for long positions.
Technical Indicators: Technical analysis from various sources suggests that this price could be where Bitcoin consolidates before another push to new highs. Analysts are looking at GETTEX:87K as a key area for a bullish breakout, especially if Bitcoin reclaims $59,600 first, which could act as a springboard.
Market Dynamics: The surge past GETTEX:87K in November 2024, coupled with significant institutional inflows and a post-election rally, indicates that this level could be a pivot for the next leg up. With Bitcoin ETF volumes soaring and daily network inflows robust, the stage seems set for a possible rally.
My Strategy:
Entry Point: I'm setting my limit orders around $86,386, just below the GETTEX:87K mark, to catch any dip buying opportunities.
Stop Loss: Manual stop loss below $83,831 on a 4-hour close to protect against unexpected drops.
Targets: Aiming for new highs, with immediate targets at $93K and $96.5K, based on current market liquidity and futures data.
Remember, always do your own research and manage risk appropriately. The crypto market can be volatile, and this is just one perspective on a potential setup.
Stay tuned for updates, and let's see if Bitcoin can make another significant move!
Merry Christmas!
#Bitcoin #CryptoTrading #LongSetup
This is not financial advice
BTC USD IdeaWe are closely looking level 90,682.58 on the BTC/USD pair. It appears the market is entering a bearish pullback towards the end of the year. On the order book, we see large funds selling positions to secure year-end profits. We consider this market condition a pullback phase if we break through the 90,682.58 fractal low. This is normal and occurs every December in the markets. Overall, we only scalp trade during December and January, without expecting any significant moves. We will keep you posted if volume returns to the markets.
FinalThe next stage has begun.
No comments. Just silence and patience is all that is needed.
When we finish, there will be comments again.
Don't fight the market!
BTC/USD "Bitcoin" Crypto Market Heist Plan on Bearish Side🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the BTC/USD "Bitcoin" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a short trade at any point,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest high level.
Goal 🎯: 86,000
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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I'll see you soon with another heist plan, so stay tuned 🫂
BTCUSD-MONTHLY CRT PATTERN FORMING!I'm eyeing the $66,000 level and FVG zone for a potential BIG DROP!
Are you ready? Do you agree?
Bitcoin With a double bottom on the 15 min Identify the Pattern: Look for two distinct lows at approximately the same price level, separated by a peak. This pattern resembles the letter "W" and indicates a potential reversal from a downtrend to an uptrend.
Confirm the Pattern: Ensure that the second bottom is not lower than the first, and the price has bounced off the support level twice. The peak between the two bottoms should act as a resistance level.
Entry Point: Consider entering a long position when the price breaks above the resistance level (the peak between the two bottoms). This breakout confirms the pattern and suggests a potential upward movement.
Stop-Loss Placement: Place a stop-loss order below the second bottom to manage risk. This helps protect against false breakouts or unexpected price movements.
Target Price: Set a target price by measuring the distance from the bottoms to the peak and projecting it upwards from the breakout point. This gives an estimated price target for the trade.
Monitor Volume: Look for increased trading volume during the breakout, as this can confirm the strength of the pattern and the likelihood of a successful trade.
Risk Management: Ensure proper risk management by not risking more than a small percentage of your trading capital on this single trade.
Disclaimer: Trading cryptocurrencies involves significant risk, and it's important to conduct thorough research and consider your risk tolerance before making any trading decisions. Always use proper risk management techniques and consult with a financial advisor if needed.
Bitcoin back to 70K?Bitcoin Heading toward to 70K, On Daily TF CISD, But Monthly Candle Also Closing in Previous Candle Range. No More Bullrun
$BTC bull and bearTo be honest. I'm a little afraid of that line. Everything above seems like a bull market and everything below seems like a bear market.
If we break this, I expect we can go down quite a bit.
In that case we can make a correction to 87k, 82k or even deeper to 76k. In terms of correction, this could be fine. Although I am afraid that we will see other altcoins that will follow suit.
Now let's see how this line holds up.
Be kind to the world and each other!
Bitcoin Ready for the New YearTether fud is what we needed .
That just makes me more bullish.
Starting from the next week i think btc will start to show who she really is .
Prepare for the next leg up , it will melt faces . Those who sold now will regret for their entire life.
The best is yet to come .
If u think this run is over ,then this is your first bull run.
btcLet me make a prediction To get to that blue one above, the red box must be broken, and until it is broken, the lower lines are available.
BTC favouring the downside BTC support is holding around 92K HOWEVER , it’s been chipping away at this level over the past few weeks since it broke 100k and made its move to the all time high.
Price has consolidated between 100k and 92k and appears to be showing a bias to the downside and bearish flag formation as it’s been chipping away at that level and this obviously weakens support.
The air pocket between 92k - 73k is looking to be a near term probability of where price is expected to retrace to strong support. If this plays out it will be a big trade and then a discount buy from support of FWB:73K
Back to the Roots: BitcoinAs predicted in the previous analysis, Bitcoin was rejected at **$100k** and is now approaching a cycle low. 📉
📊 Current Analysis:
❌ We’re not at the bottom yet, and it’s not time to buy.
🔵 The 1-day indicator (dark blue line) is currently at **68** and looks poised to reverse to the downside, signaling a potential cycle break.
⏳ Even if this doesn’t happen, the 1-day cycle will need approximately a week to return to the **20 range**, marking Bitcoin’s 60-day cycle low.
📍 The low could form anywhere between **$85k and $91k**.
💡 Remember: **Cycles don’t predict prices; they provide timing bands for tops and bottoms.**
🔮 Next Cycle Outlook:
⚠️ The upcoming 60-day Bitcoin cycle doesn’t look promising:
1️⃣ The **1-week indicator** spent a significant amount of time above **80** and is now trending downward.
2️⃣ This cycle reflects the general trend for the next 1-2 months and currently leans **bearish**.
3️⃣ We may need more time before the market reverses to the upside.
✨ Despite this, there are intriguing opportunities in the market right now. More details are available in the **Premium group**.
✅ Stay safe, trust the cycles, and build your wealth.💪
Let me know if you’d like further tweaks! 🚀
bitcoin in the next 10 years.i am from the future, and besides the crickets for breakfast lunch and dinner, and sorros STILL being alive, the price of bitcoin is pretty great.
Bitcoin"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
BTC Analysis: Current Market InsightsBitcoin has settled in the range of $99,000–$95,000, showing signs of weakening bullish momentum. Diminishing trading volumes and macroeconomic pressure suggest the market may be preparing for a downward move.
🔥 FinCaesar’s Key Insights and Strategy:
1. Market Analysis:
Downside Probability: High. A break below $95,000 could lead to a rapid decline to $87,000 or even $75,000.
Upside Potential: A breakout above $102,000 might reignite bullish momentum, but current market conditions favor a correction.
2. Action Plan:
Sell: If price drops below $95,000, secure profits and prepare for a further decline.
Wait to Buy: Avoid buying now. Look for accumulation opportunities near $92,000 or a clear breakout above $102,000 for safe re-entry.
3. Recommendation:
At this moment, selling and waiting for clearer signals or lower levels is the optimal strategy.
"The market rewards patience. Make the right move before it's too late." — FinCaesar
#FinCaesar #Bitcoin #CryptoStrategy #BTCForecast #CryptoAnalysis #Blockchain #FinancialFreedom
10% LONG POSITION As we cab see the price bounced from that support level multiple times, and this time not only boncing from it , this time clearly have swept the liquidity from tha recent low , and have given as a good reaction and a good confirmation to the up side , possibly headed to the previous high ( HRLR)
