Unpack your bags - we ain't done.Higher highs, higher lows. This is a classic mid-wave correction to scare of unseasoned investors.
BTCUSD.P trade ideas
Bitcoin Breaks Parallel Channel🚨 **Bitcoin Breaks Parallel Channel – Liquidity Drains!** 🚨
📉 BTC breaks its **parallel channel**, triggering a **liquidity exit** from markets. Traders brace for **volatility** as capital flows out, signaling potential **trend shifts** ahead.
⚡ **What’s Next?** Watch for key support/resistance tests and volume spikes!
Drop your predictions below! 👇
#Bitcoin #BTCBreakout #CryptoMarkets #LiquidityShift
BTC: Bullish Weekly Trend, But Daily Chart CautionsKey Observations:
- Weekly candles forming higher highs and higher lows, indicating a bullish trend.
- Currently testing weekly bottom support.
- However Daily chart showing trend and EMA reversal, suggesting a potential short-term correction.
Dilemma:
- Should we buy now, given the bullish weekly trend?
- OR wait for daily EMA reversal off weekly EMA?
Possible solution is to watchout:
- for a break of the previous week's low may provide clarity.
- Alternatively, if the price holds above the previous low, to rally to 104k.
Trading Idea:
- Consider playing the 94k-104k range for a potential bounce.
- Alternatively, wait for a daily EMA reversal before entering a long position.
What are your thoughts?
A small bump for BTC, a giant drop for MSTRThe difference between 1st support and 3rd support of COINBASE:BTCUSD is 4%. The same difference in support areas for CAPITALCOM:MSTR is 30%. Should 1st, and 2nd support break, CAPITALCOM:MSTR is in big trouble..
Two potential paths to 130kPath 1: Running Continuation
Path 2: Full 20% correction, like January 2024
Short Bitcoin (BTC) (For Study Purpose Only)Short Recommendation
Entry Level: Below $94,000
Stop Loss (SL): $111,111
This surge has been largely attributed to President-elect Donald Trump's pro-cryptocurrency stance, including promises of deregulation and the establishment of a national strategic Bitcoin reserve.
However, concerns are emerging regarding Bitcoin's current valuation. Analysts warn that the market may be overheating, with some predicting a potential correction of up to 35%.
COINTELEGRAPH
Additionally, Federal Reserve Chair Jerome Powell has stated that the U.S. central bank cannot hold Bitcoin, which has introduced uncertainty into the market.
This analysis is for educational purposes only. Always consult your financial advisor before making any investment decisions. Cryptocurrency trading involves significant risk, including the potential loss of capital. Ensure to evaluate your risk tolerance and conduct thorough research.
BTC BULLISH CORRECTION Correction BTC Christmas party. Dio for buyers, hope Trump make crypto to the moon.
BTC BEARSHzone bearish TO BTC BY BTC.D
Bitcoin will enter the correction phase, and at this stage, it can have a correction capacity of up to 95000 in the first scenario and up to8700 % END 6500 in the next scenario. The analysis will be sent in the next posts.
BITCOIN Long Position This chart analysis focuses on the BTCUSD pair on a 15-minute timeframe. Below is a detailed breakdown of the key elements:
### **Key Observations**:
1. **Trendline and Pattern**:
- There is a clearly drawn ascending trendline (black) that shows an upward bias in the market's overall structure.
- The price has been respecting this trendline, indicating strong buying pressure at the lower levels.
2. **Resistance Level (108,276)**:
- A horizontal blue resistance line at 108,276 marks an important level. A breakout above this resistance with a **green candle closing above** is a key signal for entering a long position.
- Historically, this level has acted as a significant barrier, rejecting price movement multiple times (seen with price failing near this level).
3. **Support Zones**:
- The green and red shaded regions between approximately **99,358–96,122** act as demand zones. These areas have historically attracted buying interest, with clear evidence of price bouncing from these levels.
4. **Trade Setup**:
- A **long position is planned** if the price breaks above the resistance (108,276) with confirmation from a candle closure.
- The potential trade includes a favorable **risk-to-reward ratio** indicated by the green (profit zone) and red (stop-loss zone) regions.
### **Technical Indicators**:
- **Double Bottom Formation (Bullish Reversal)**:
- Two circled regions (around 96,000) suggest a double bottom, signaling potential upward momentum. This strengthens the bullish bias.
- **Historical Resistance Retests**:
- Price has tested the horizontal resistance multiple times, indicating its strength. A breakout will likely lead to a significant move higher.
### **Risk Management**:
- **Stop Loss**:
- Positioned below the recent swing lows near **96,832** to protect against invalidation of the bullish setup.
- **Take Profit**:
- Potential targets are identified using Fibonacci levels or prior resistance zones, with the first target at **109,208**, aligning with the higher trendline.
### **Final Notes**:
- The setup relies heavily on price action. Ensure confirmation of the breakout with strong volume before entering the trade.
- Monitor BTCUSD fundamentals or macroeconomic events that may influence volatility during this period.
this is not trading advice .. trading is risky
aminm75//@version=5
indicator("MACD + ADX + RSI Strategy", overlay=true)
// MACD settings
= ta.macd(close, 12, 26, 9)
macdHist = macdLine - signalLine
// ADX settings
adxValue = ta.adx(14)
// RSI settings
rsiValue = ta.rsi(close, 14)
// Conditions of purchase and sale
buySignal = (macdLine > signalLine) and (adxValue > 20) and (rsiValue < 30)
sellSignal = (macdLine < signalLine) and (adxValue > 20) and (rsiValue > 70)
// Draw the signals on the graph
plotshape(buySignal, style=shape.labelup, location=location.belowbar, color=color.green, size=size.small, title="Buy Signal", text="BUY")
plotshape(sellSignal, style=shape.labeldown, location=location.abovebar, color=color.red, size=size.small, title="Sell Signal", text="SELL")
// Display the values of the indicators in a separate panel
hline(20, "ADX Threshold", color=color.gray)
plot(adxValue, title="ADX", color=color.blue)
hline(30, "RSI Oversold", color=color.green)
hline(70, "RSI Overbought", color=color.red)
plot(rsiValue, title="RSI", color=color.orange)
$BTC has hit its target.CRYPTOCAP:BTC Earlier I specified the box as the target. Later in my update I expected something deeper. around 97500 as target.
For now, this seems like the bottom for the upcoming bull run.
We may want to test again before we actually do a run.
For now I am satisfied and happy that we have finally completed the correction.
Later update on possible target for $Bitcoin.
Be kind to the world and each other!
Bitcoin repeating??Almost identical from about a month ago. Tomorrow maybe an indecision day then onward &upwards? (identical daily candles)
$100,000 remains the key reference for bitcoinLike gold, bitcoin retraced lower around the Fed’s latest meeting, which is a normal reaction as the outlook for monetary policy becomes less dovish. Bitcoin is arguably a bit less vulnerable than gold to higher rates because there are various ways for holders of transferable bitcoins, especially now that many coins are at or close to all-time highs. Participants in crypto markets view the likely policies of the incoming Republican government positively.
Bitcoin’s momentum has been lower in December which makes sense as the price approached the critical and long-awaited area of $100,000. Volume has also decreased somewhat compared to the peak around the middle of last month and there’s no longer such a strong overbought signal as there had been for most of November. The latest retracement from the 100% weekly Fibonacci extension was also expected since this was the stretch target since the middle of last month.
Given current strong sentiment, a move back below $90,000 seems unfavourable in the near future, but $100,000 could remain an important battleground. Now that the uptrend is clearly mature and participants seem inclined to buy more quickly during even relatively modest retracements, a retest of $108,000 seems likely in the next few weeks. However, traders should prepare for higher volatility during upcoming holidays.
This is my personal opinion which does not represent the opinion of Exness. This is not a recommendation to trade.
BTC CRASH ALERT UPDATEKey Levels and Observations
Previous All-Time High (ATH):
Clearly marked and seems to have acted as both resistance and psychological reference point.
Price briefly tested this level before consolidating below.
Resistance Zones:
Highlighted in Red: These zones indicate where selling pressure is concentrated. The recent move upwards has struggled near the $106,000 zone (1.618 Fibonacci extension) and the resistance cluster below $108,000.
Red Circle near ATH: Indicates a critical rejection zone where bears might be stepping in to control the price.
Support Zones:
Fibonacci levels from $91,000 to $99,500 (0.618, 0.5, and 0.382 retracement levels) show clear support zones where buyers may accumulate.
The green lines below $92,000 show additional support extensions for deeper corrections.
Black Swan Warning ("Dump Incoming"):
Suggests the possibility of a sudden, sharp decline. This may be speculative but worth noting for risk management.
Red zone above $108,000 highlights extreme caution.
Trend Lines:
Dashed upward trendline indicates the broader uptrend still intact, but a breach below would signal a possible reversal.
Market Sentiment:
"BTC CRASH ALERT" emphasizes bearish caution.
"The Bears are out watchout" adds to the bearish sentiment as Bitcoin approaches resistance zones.
Fibonacci Analysis
Key Fibonacci Retracement Levels:
0.236 ($99,417): Currently holding as weak support.
0.382 ($100,793): Significant midpoint level currently in play.
0.5 ($101,905) and 0.618 ($103,017): Critical retracement levels to watch for continuation or reversal.
1.618 Extension ($106,436): Serves as an immediate resistance target.
Deep Retracement Zone:
0.618 ($95,308) to 1.0 ($92,918) retracement range indicates the strongest support for a larger correction.
Scenarios to Watch
Bullish Scenario (Breakout):
Price breaks and holds above $106,000 (1.618 Fibonacci).
Retests and holds $108,000, targeting new highs.
Bearish Scenario (Fakeout or Dump):
Price fails to sustain $104,000 or falls below $101,000 (0.382 retracement).
A sharp correction could target deeper support levels at $95,000–$92,000.
Neutral/Consolidation:
Price remains range-bound between $101,000 and $106,000, building momentum for a directional move.
Actionable Points
Shorting Resistance Zones: Monitor for price rejections near $106,000 and $108,000. Bearish candlestick patterns here could confirm a short trade.
Buying Support Levels: Look for bullish signals around $95,000–$92,000 or key Fibonacci levels.
Breakout Entries: If Bitcoin closes decisively above $106,000, a breakout trade could target $110,000 or higher.
Stop-Loss Management:
For longs: Place below $95,000.
For shorts: Place above $108,000.
Volume Break-out BTC The volume surge is similar to the beginning move of 7 November, 95k seems likely in present week.
Is BTC in a accumulation phase?Bitcoin is in an 7K (about 35%) range since 150 days now, and just broke to the downside.
Could this be the spring of an Wyckoff accumulation schematic?
It is no secret that price action has been choppy ever since it entered the trade range, has to shake most people out.
Of course, for this to be an spring we'd need big buyers stepping in, and defying all of the sell volume we've seen so far.
On the other hand, bulls already had absord a lot of BTC sell order and could therefore mean price is near a reversal.
Price could of course(inevitably in the bull case) retest the price range and fade of to fresh lows.
It is also no secret that BTC is highly correlated to traditional markets. It would therefore make sense for both markets to bottom at somewhat the same time.
But with everything we've seen, it could be possible for BTC to mark a bottom now and see price suppression while the DJI, NASDAQ and SPX mark their bottoms in.
It is also an great idea to keep in mind that price tend to move again the masses, and with the FTX/ALAMEDA illiquidity situation, everyone is scared and calling for lower lows.
This is only an gut feeling based on market sentiment right now and only support the unprobability that market would reverse(while everyone is bearish).
Next days/weeks are gonna determine the direction ahead for BTC.
Navigating the Current Market Turbulence: A Crypto and Stock MarBitcoin is currently trading at approximately $102,200, reflecting a decrease of 2.36% over the last week. Despite a brief rally reaching highs of $108,367.38, the digital currency has faced selling pressure. The Relative Strength Index (RSI) remains above 65, indicating that BTC might still be overbought, while the Moving Average Convergence Divergence (MACD) suggests bearish momentum could persist.
Investors should be cautious as the market shows signs of volatility. For cryptocurrencies, monitoring RSI and MACD indicators can provide insights into potential buying opportunities.
QUICK BTCUSDT SETUPWe'll look for short position at 103150.
already btc futures dropped drastically so it is clearly saying for short position again.
Entry 103150
TP 97500
SL 105800
According bbma and other indicators are claiming short position.
Don't trade if you don't feel comfortable with my analysis its totally okay. But observe well
BTC BEAR We do have lower targets and I have already rolled stops for the #btc #bear after TP1 was HIT...
This is the structure I have added for now & I will update as we GO... JUST LIKE MY #GOLD trade
Remember the current levels are BI-Directional for a reason... go look at my last idea on the bear and you will see why...
Good luck and I am sorry if I do not follow back... BUT its my policy.... and I don't break my rules.
BTC 94KBitcoin is traded in an ascending channel. The upper trend line has always regected.
At the same time, ther is a bearish divergence.
See you at 94k.
Our Short Positions are still open. LTC/ LINK / ETH / BNB.
All reached TP2 = 50% profit for each.
