Patience is the hardest part, We will rise soon Patience is the hardest part, We will rise soon, compare market to previous times, The market seems to usually reflect past performance.
BTCUSDT.P trade ideas
going to be a nice close on the 4Hgoing to be a nice close on the 4H
good volume in that wick that would have flushed out allot of leverage
BTC - Quick Update
After sending out our warning in our last post, BTC had a 7% drop today. Not too brutal for BTC but it sure did flush out altcoins.
Just wanted to make a quick post highlighting our upwards sloping trendline on the 4H. Even with the massive wick to the downside the candle body is still holding support! Very important trendline to continue to watch.
BTC in sort term#BTC short term analysis is making a correction the correction phase can last to the first demand zone which is about 77K to 84K
BTC correction phase !#BTC is in a huge rising channel now the market is in the correction phase so we should look for good demand zones the first one is about 77K to 84K after that a rising spike can happen
BTC update - Dec 09 2024As it was mentioned several times, 104,000 zone was a critical area for BTC and as you can see upon reaching that zone, BTC had an instant sharp dump towards 90,000 level.
After some post-dump recovery (dead cat bounce), BTC and the entire market began dumping again today and based on several confluences, BTC will most probably see lower levels and the CME gap filling is also possible.
As advised before, trader/investor should have liquidity/cash in order to buy the dip.
Healthy Bitcoin: Marketwise Shakeout: Patience, HoldWe are witnessing a marketwide shakeout, nothing to fear. This is likely to end very soon. Patience. Hold.
Bitcoin is shaking right now and the Altcoins market as well and I can see more than 1.5B of late joiners and over-leveraged traders being liquidated today, in the past 24 hours.
If you've been reading what I have to share then this shakeout move doesn't concern you. Prices remain strong and this is a unique opportunity to buy-in, rebuy and reload.
Bitcoin will continue growing, the Altcoins will continue growing; we are going up.
A market shakeout is just that, weak hands are being shaken out of the market. Late joiners and over-leveraged positions are being removed before the next leg-up.
We are in a bullish trend and will continue to see higher lows and higher highs long-term. Remember the support range I mentioned in a previous post, Bitcoin is hyper-bullish above those.
Buy as much as you want focusing on the long-term and hold strong.
Each chart/pair must be considered individually.
A sound plan is needed for trading. Never buy anything in a rush.
Sell when prices are high;
Buy when prices are low.
Thanks a lot for your continued support.
Namaste.
The last bullish chance of BITCOIN in Short term!Bitcoin reached a new high yesterday but then dropped to $92,000 to liquidate positions. This price decline created a bearish scenario. As you can see, Bitcoin is forming a descending wedge. If this pattern breaks, the price could drop to $92,000. However, we cannot say Bitcoin is bearish right now because as long as the wedge does not break, Bitcoin can still be bullish. So, we wait to be sure.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Next move of BTCin my point of view next move of BTC could be like the drawn schematic.
probably btc retrace to (85-92) and moves to the new ATH.
Possible outcome for bitcoin I think the dump is a trap to fool traders. The market is seeking liquidity to move higher. I expect a price to the upside after we pick liquidity from the buliish order block I can see. Fingers crossed though, still watching... Like and follow to support me.
"BTC Drawdowns: My Target Was Picture Perfect!"Hello, everyone! 👋
Today marks the second day of significant crypto price drawdowns. 📉 I hope you managed to secure some profits earlier 💰 and are now enjoying this pullback while patiently waiting for better prices to consider long entries. 🚀
On November 21, I published an idea about BTC potentially topping out before a retracement. On December 5, BTC touched my target 🎯, and it now seems to be starting to roll over. Of course, nothing is certain in trading, but for now, the market appears to be moving in that direction. ⚖️
So, what should you do now? 🤔
It depends on your market perspective:
If you're a long-term HODLer, things are straightforward—just sit back, wait, and enjoy the price action. 🪙📈
If you're a trader, especially a swing trader, you might want to consider locking in profits. 💵 Stick to your system and follow the rules—it can be that simple. ✔️
I hope you're reading this with some realized profits in your account! 💸 Stay tuned for my next idea about potential retracement levels. 📊
Wishing you all a fantastic week! 🌟
BTC/USDT 4H Analysis - Bearish BiasPrice is consolidating below key resistance at $99,857–$101,307, with signs of rejection. A short setup is in play, targeting the daily FVG zone around $85,078. Bears are likely to stay in control unless price breaks above $101,307, which would invalidate this setup.
Trade idea: Maintain short bias, stop above $101,307, target $85,078. Monitor for reaction at the daily FVG for potential reversal opportunities.
Stay cautious and manage risk!
#BTC - Is the bull run over?Is the bull run over for #BTC?
As I mentioned in my last post, I don't think BTC is ready for a more ample correction, only once we reach the extended zone of 105-108k
There are multiple confluences that sustain this hypothesis:
1. On the Pitchfork price touched the 1.618 low and rejected
2. All the liquidity was taken from 90-91k
3. There is now more and more liquidity forming above 104k, as people believe that the huge wick sweep signalled a change of character (reversal)
4. Looking at the Fibonacci time levels, we see multiple pivots in the past that were almost perfectly on the time levels, the next one being tomorrow
Even if price keeps correcting a bit lower to 93-96k, don't be fooled and sell early, because the next sweep of highs will be very impulsive, close to inflation news.
Bitcoin's Range Between $91K and $102K Continues📊 After two days of consolidation, Bitcoin has started to gain momentum with the weekly candle closure and the reopening of financial markets.
👉🏼 The price is currently testing the lower channel support. If this level holds, Bitcoin could retest the $102,000 resistance.
🟢 As analyzed earlier, Bitcoin seems poised to range between $93,000 - $102,000 for a while. 🔴However, if the $96,000 - $97,000 hourly support zone breaks, a decline toward $93,000 could be expected.
Bitcoin Next Movement Based on Current Price Action, BTC possible next movement will be and ABC Correction before going for another Upward waves. This all depending Market Sentiment on overall Crypto industry.
Nearish divergence short term but needs seller supply If no one sells this might not go as bearish as it will be/is. This is a chance to re buy in remember there are many folk wanting it waiting for these dips… unlike last runs. People are accumulating like never before and crypto is the most volatile market we have.
Don’t assume anything expect anything and don’t be upset if the market drops by tomorrow morning and you didn’t sell.. I haven’t sold in years I have swapped but. So I’ve made gains there. Still follow your instinct. Do your own research always before executing buy or sell orders and of not swapping out but on market always make it a limit order where you place the price to buy being just below the current price or the price you see technicals showing it will or might dip to.. try not market buy unless you are a well versed trader it’s one of the BIGGEST MISTAKES new crypto traders do. Where FX traders often learn alot more same as stock traders before they start trading but crypto can be done ANYWHERE. Same with stocks and FX but crypto is different people can and do gift it every day.
It’s something you can earn and then own as an asset of some kind depending where you live.
Anyways what you think will happen come tomorrow morning or this time tomorrow? What about in 7 days? Let’s stay on topic and post positive comments that can help us all learn to destroy the stock market for our gains together!
BTC Tricky Price ActionTo be honest, I have no idea what BTC is doing right now. I think it makes more sense to me to explain it as a series of advancing corrective waves with the main move up yet to happen rather than bearish price action. This chart is my best guess but please take it with a grain of salt!
Bitcoin is comming on support buyers be ready for small #bitcoinHello trader's
Here is your bitcoin level for buying and selling zone
in between these zone market is always makes good move
for intraday trader's.
Long trade
Reason: POI zone reached
so re-entered for buyside trade
Sat 7th Dec 24
6.00 pm
NY Session PM
Buyside trade
Entry 99810.2
Profit level 103235.0 (3.43%)
Stop level 99655.7 (0.15%)
RR 22.17
BTC/USDT Weekly Chart Analysis!!Bitcoin is trading within a broad bullish structure on the weekly time-frame, following a breakout from a key long-term resistance level. The Ichimoku Cloud and moving averages provide insight into trend strength and key support areas.
BTC recently broke a long-term resistance (~$76,000). The chart suggests a possible retest of this level to confirm it as new support.
Bitcoin remains above the Cloud, indicating a continuation of the bullish trend
The Tenkan-sen and Kijun-sen are moving upwards, supporting the momentum.
Increased volume around the breakout zone confirms the upside move. Keep an eye on any spikes during the retest.
Immediate Support: $95,000 (local structure).
Key Retest Area: $76,000 (former resistance).
Short-term Target: $105,000.
Key psychological barrier: $120,000.
A successful retest of the $76,000 area could lead to a move towards $105,000, with the next target being $120,000.
Failure to hold above $76,000 could lead to a return to lower support at $65,000-$60,000.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated on market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BTCUSD H1 ANALYSISBullish Outlook:
Bitcoin prices are experiencing a significant uptrend, driven by increasing adoption and institutional investment. As investors seek exposure to the cryptocurrency market, Bitcoin has emerged as a top choice, attracting strong buying interest.
Risk Management:
1. Stop-Loss: Set at $97,570
2. Position Sizing: Manage position size to avoid over-exposure to market volatility
3. Risk-Reward Ratio: Set at 1:2 or 1:3 to ensure potential rewards outweigh potential risks
Target:
- Primary Target: $103,515
Best Wishes Tom 😎
What now Bitcoin?#bitcoin #btc price is moving in an ascending megaphone channel now. Top of the channel is located at 110 - 115K #usdt .The lower red box is the strong daily ichimoku span support zone + dEMA ribbon support zone. CRYPTOCAP:BTC price also forming a distribution schematics that matters short/ mid term holders. Touching upper red box and a price declination there will likely cause #btcusd to have a flash dump (i expect this , posted in my previous ideas). This flash dump' s strong support zone is lower red box. If #btcusdt breaks out the megaphone channel with a successful retest, then support zone will move higher and scenario will be modified. In addition, BITSTAMP:BTCUSD price is in distribution zone, avoid high leveraged margin positions and then thank me later for avoiding 10x 100x positions pals.
