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BTCUSD trade ideas

BTC 4-Hour - Looking for the "LONG" set-up.Well the 1-hour TF had my curiosity. There should be an obvious bounce situation here. Bring this onto the 4-hour TF suggests that PA is beginning its' turn around. This can take several days to play out. I have suggested pathways of PA.. (and I know it is nearly impossible to guess future direction). These light green lines are helping to convey my expressed idea that a possible 4-hour set-up is nearing along with price turning around. The major factor in all of this, is... The daily TF. We can all see the MACd on its' way downhill. However the strength of the RSI gives probability to yet another run upwards after a grand 4-hour set-up bounce ... to .. perhaps... that special $111k area that everyone is excepting to reach. On the rebound.. there's that chance that the Daily just keeps PA on a downhill trajectory to levels of -35%, - 50% or -77% from the most recent ATH. It is less of a chance to continue down now, than create a newer high... however keep in mind that the daily will need to reset in the next few months most likely. With all of this said, enjoy the run-chart and lets see if this plays out for the set-up "LONG". You can shrink, expand or enlarge the chart by using the date or price sidebars.
COINBASE:BTCUSDLong
by Quartz-
BTC LONG: SHORT SQUEEZEHello all, Currently positioned at $65,000, Bitcoin is on the cusp of a significant shift. The reduction in selling pressure sets the stage for a steady climb to $71,000. This increase is poised to trigger short liquidations of approximately $120 million (data from Glassnode), propelling the price further to reach $75,000 . At this critical point a staggering $3.85 billion in short positions will be liquidated (data from Glassnode), signaling to the market that Bitcoin's ascent is far from tapering off. This realization is expected to lead many to close their short positions prematurely, in anticipation of further gains, setting off a short squeeze that could robustly push Bitcoin's price to at least $85,000. However, the journey does not end there. It is at this juncture that FOMO (Fear Of Missing Out) is likely to kick in, driving the price even higher as more investors and traders rush to buy Bitcoin, spurred by the fear of missing out on further gains. Nonetheless, it's crucial to consider the inherent volatility of the cryptocurrency market. There's a conceivable scenario where Bitcoin could retract to a lower support zone between $60,000 to $62,000. This potential dip should not be overlooked, as it signifies a strong buying opportunity, buoyed by substantial buying power. The bounce back from this level, depicted as the second projection on my graph, showcases a solid reversal momentum, indicating the resilience of Bitcoin's market value. Both projections, labeled as 1 and 2 on my analysis graph, provide a holistic view of Bitcoin's potential price trajectory. Projection 1 forecasts a bullish scenario driven by a short squeeze, pushing the price towards an ambitious $85,000. In contrast, Projection 2 lays out a strategic recovery from lower support levels, emphasizing the market's potential for rapid recovery and further growth. Together, these insights underscore a period of dynamic and potentially profitable market movements for Bitcoin, highlighting the critical roles of market sentiment, investor behavior, and strategic investment opportunities in determining the future path of Bitcoin's value. In comparing the two projections for Bitcoin's potential price movements, my analysis leans more favorably towards the first projection primarily due to Bitcoin's demonstrated resilience at the $65,000 mark. This resilience is not merely a temporary market fluke but a strong indicator of underlying market confidence and investor support for Bitcoin at this level. $60,000-$62,000 (as outlined in the second projection) remains within the realm of possibilities, the momentum and market sentiment currently favor the bullish trajectory of the first projection. This conviction is rooted in recent market behaviors and the significant buying interest that emerges each time Bitcoin approaches this critical threshold, reinforcing my belief in the first projection's potential realization over the second. "Please note that the information provided in this analysis, including insights from Glassnode and any market predictions, is for informational purposes only and should not be considered financial advice. While the data and projections are shared with the intention of offering insight into potential market trends, they are based on current market conditions and assumptions that are subject to change. Investing in cryptocurrencies is inherently risky and should be done carefully after conducting your own due diligence. I am not a financial advisor, and this analysis should not serve as a basis for making investment decisions." Thanks all for hearing out my first idea! -Nathan
CRYPTO:BTCUSDLong
by Nathan_Chandra
2
Bitcoin Outlook \wGenAI assisted analysisGiven that the JP Macro Trend script integrates DeMarker and momentum indicators and now includes the OBV data, we can refine the analysis and attempt to outline a more informed probabilistic outcome for the short and longer term. However, it's important to note that probabilities in market analysis are inherently subjective and can vary widely depending on market conditions and the analyst's interpretation. Short-Term Analysis (1-4 weeks): Bullish Signals: If the price is trending upward, accompanied by rising OBV and the proprietary momentum indicators are in a bullish configuration, the confidence in a continuation of the uptrend might be relatively high. Bearish Signals : If there are any bearish divergences such as price making new highs while momentum indicators and OBV fail to confirm, the probability of a price correction or consolidation might increase. Probability Estimate : If all indicators align and confirm the current trend, one might posit a 65-75% probability of the trend continuing in the short term. In the case of divergences or conflicting signals, the probability might be adjusted down to 50-60%. Longer-Term Analysis (1-6 months): Bullish Scenario : Should the price maintain above significant moving averages, and the OBV continues to show volume backing up the price increases, one could maintain a bullish outlook. Watch for the momentum indicators to remain in a bullish posture without significant divergences. Bearish Scenario : Should the OBV and momentum indicators start to show sustained divergences with price, or if the price falls below key moving averages, one might adopt a cautious stance with a higher probability of a bearish phase. Probability Estimate: With the confirmation of the trend by OBV and proprietary indicators, one might estimate a 60-70% chance of the prevailing trend continuing . Should divergences become apparent, the probability of trend continuation might drop to around 40-50%.
BITSTAMP:BTCUSDLong
by jpantsjoha
BITCOIN - BTC/USD - 15 min. Technical analysis published 12/12My opinion Bullish above 98,537.51 USD My targets 102,534.81 USD (+1.07%) 103,995.11 USD (+2.51%) All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN - BTC/USD as long as the price remains well above 98,537.51 USD. The buyers' bullish objective is set at 102,534.81 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 103,995.11 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
BINANCE:BTCUSDLong
by abouel
BTC POSSIBLE SELLBased on DAILY and 4HR TF, the market seems to be forming a possible reversal pattern. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
COINBASE:BTCUSDShort
by WiLLProsperForex
Bitcoin Market Trend Analysis (BTC/USD) – Updated Trading Overview of the Current Bitcoin Market Trend In recent weeks, the Bitcoin (BTC/USD) BINANCE:BTCUSD market has shown a strong bullish trend, breaking several key resistance levels. From late November until now, Bitcoin's price has consistently reached new highs, but it is currently facing significant resistance levels. In this article, we will analyze Bitcoin's current trend and suggest specific trading strategies for investors in December 2024. Bitcoin BINANCE:BTCUSDT Market Overview Based on the 4-hour chart for Bitcoin, we see that the price is approaching the 103,629.86 USD resistance level and may encounter a pullback. Meanwhile, the important support level at 92,381.58 USD has been holding strong as a safeguard for the uptrend. With strong volatility and increasing trading volume, traders should watch for important technical signals to optimize their trading strategy. Bitcoin (BTC/USD) Trading Strategies Long Trading Strategy (Buy) Entry Condition: Buy when Bitcoin pulls back to the 92,381.58 USD support level and shows signs of recovery (such as reversal candlestick patterns like pin bars or other reversal setups). Watch for confirmation from the 200-period MA (blue line). If the price stays above this moving average, the uptrend should continue. Profit Target: Take profit at the 100,000 USD or 103,629.86 USD resistance levels. Stop Loss: Place stop loss just below 92,000 USD to protect the trade if the market moves lower. Short Trading Strategy (Sell) Entry Condition: If the price fails to break above 103,629.86 USD and shows signs of reversal (e.g., Bearish Engulfing candle), consider opening a short position. Profit Target: Take profit at the 100,000 USD support level or 97,600 USD. Stop Loss: Place stop loss above 103,800 USD to protect the position if the market continues higher. Breakout Trading Strategy Entry Condition: If the price breaks above 103,629.86 USD with high trading volume, consider opening a long position. After the breakout, if the price returns to retest this level and shows confirmation (e.g., candle closes above the previous resistance), consider entering a buy position. Profit Target: Take profit at 105,000 USD or higher. Stop Loss: Place stop loss below 100,000 USD to protect capital if the price retests lower levels. Pullback Trading Strategy Entry Condition: Buy when the price pulls back to the 92,381.58 USD support level and shows signs of recovery with increasing volume. Profit Target: Take profit at 100,000 USD or 103,000 USD. Stop Loss: Place stop loss below 92,000 USD or 91,000 USD. Candlestick Pattern Strategy Entry Condition: Open a buy position if a strong reversal candlestick pattern forms at the 92,381.58 USD support level. Open a sell position if a reversal candlestick pattern forms at the 103,629.86 USD resistance level. Profit Target and Stop Loss: Apply the same profit targets and stop loss levels as mentioned in the strategies above. Conclusion With Bitcoin’s strong bullish trend, investors should pay close attention to key support and resistance levels such as 92,381.58 USD and 103,629.86 USD. Trading strategies like buying when the price pulls back to support, selling when encountering resistance, or trading a breakout after breaking key resistance levels can provide profitable opportunities. However, managing risk through stop loss and setting reasonable profit targets are crucial for protecting capital and optimizing returns in a volatile market. Always monitor the charts and technical signals to make the most informed trading decisions. Wishing you success in your Bitcoin trading journey!
BINANCE:BTCUSD
by Henrybillion
Bitcoin rising wedge pattern (short-term analysis) Technical Indicators: Price Movement: The current price is around $100,891.5. Exponential Moving Average (EMA): The 200-period EMA is at $92,525.3, which indicates a long-term bullish trend as the price is well above the EMA. Chart Patterns: Rising Wedge: The chart shows a rising wedge pattern, which is typically a bearish reversal pattern. The price is nearing the upper boundary of the wedge. Support and Resistance Levels: Immediate Resistance: Around $101,275 (recent high). Immediate Support: The lower boundary of the rising wedge, currently around $100,000. Major Support: Around $92,525.3 (200 EMA) and $86,752.2 to $85,207.4 (horizontal support levels). Bullish Scenario: If the price breaks above the upper boundary of the rising wedge and surpasses the recent high at $101,275, it could signal a continuation of the bullish trend. The next potential target could be around $105,000. Bearish Scenario: If the price fails to break above the resistance and falls below the lower boundary of the rising wedge, it could indicate a bearish reversal. In this case, the price may test the 200 EMA at $92,525.3 and the horizontal support levels at $86,752.2 and $85,207.4. Volume: The chart does not provide volume details, but volume is crucial to confirm any breakout or breakdown. A breakout above the resistance with high volume would be a strong bullish signal, while a breakdown below the support with high volume would confirm the bearish reversal. Conclusion: Currently, BTC is at a critical juncture within a rising wedge pattern. Traders should watch for a breakout above $101,275 for bullish confirmation or a breakdown below the wedge for a bearish signal. Pay attention to volume during these movements to confirm the validity of the breakout or breakdown.
BINANCE:BTCUSD.PShort
by CHILL_TRADER99
Bitcoin: Hovering Around the $100K MilestoneAs Bitcoin flirts with the monumental $100,000 mark, the crypto world is abuzz with speculation. Could this be the new norm, or is the market setting up for its next big move? With institutional adoption on the rise and market sentiment strong, Bitcoin hovering around this milestone raises big questions: Will it break through decisively, or face a pullback before year-end? 📈 What are your thoughts? Drop a comment and join the discussion on where Bitcoin is headed this December!
CRYPTO:BTCUSD
by ForexCollege
Bitcoin at a Crossroads: Bullish TestBitcoin on the 7-Day Chart The 7-day chart suggests potential weakness as the current candle appears indecisive or bearish. This reflects short-term consolidation or retracement, which often occurs in a bull cycle as the market seeks to cool off and reset momentum. If this chart weakens further, it may retest key support levels (like $80,277 or $67,427) to find footing. Bitcoin on the 5-Week Chart Conversely, the 5-week chart maintains a stronger bullish structure. This time frame indicates that the broader trend is still intact, with the price holding above critical zones. The current candle has three days left to close, making its final formation crucial. A solid close with minimal retracement would reinforce bullish momentum, confirming the continuation of the upward trend. What to Watch For 1. Retests of Key Levels • If Bitcoin retraces, it will likely revisit previously broken levels (e.g., $80,277 or $67,427) to establish support. This would strengthen the foundation for further moves upward. 2. Candle Closure on the 5-Week Chart • The current candle’s close will signal whether the bull run remains strong or if further consolidation is needed. A close above $100,000 reinforces bullish sentiment. 3. Lower Time Frame Clues • Smaller time frames may show early signs of a retrace or breakout. Watch for price action around significant Fibonacci levels and trend lines for confirmation. Conclusion While the 7-day chart may indicate a short-term pullback, the 5-week chart suggests the broader bull cycle remains intact. Retracements are natural and often necessary in bullish markets, as they allow for liquidity building and stronger moves. Bitcoin’s next steps depend on its ability to hold above critical levels and maintain momentum across larger time frames.
COINBASE:BTCUSDShort
by MoNi_MoN