BTCUST trade ideas
BTC USDT ATH weekend closing BTC usdt
BTC made a new High in the weekend and closed above the 104K that's a bullish sign for me but i would expect a pull back
marked the key areas in chart
BTC USDT ATH weekend closing BTC usdt
BTC made a new High in the weekend and closed above the 104K that's a bullish sign for me but i would expect a pull back
marked the key areas in chart
Bitcoin hits a new ATH! Potential for a higher swingBTC/USDT has reached a new all-time high, breaking out of a trend continuation pattern commonly observed in this market. The long-tailed bar on the weekly timeframe indicates potential momentum toward the 115,000 level in the near future. Currently, the market has made an impulsive upward move and is now consolidating sideways. A pullback toward the support zone and upward trendline may precede further upward continuation if rejection candles form, signalling buying pressure. The target resistance zone for this movement is around 108,000
BTC forecast 2Well, did you see our previous analysis about Bitcoin’s future?
All three of our targets were hit.
Currently, in my opinion, we will see a correction in the range of 106K to 101K, within the marked zones.
Afterward, the price will likely move between $80K and $90K before experiencing a new all-time high again.
BTC bearish condition to key levelexpecting a downward trend within this week. a reflection of this will be seen accros altcoin
Bitcoin Reaches ATH of 106,600Bitcoin has achieved a new all-time high of 106,600. A potential correction to 100k could follow, but the bullish momentum remains strong. As always, manage your risks carefully!
BTC EXTENDED's EXTENDED - ROAD to 107K - Is 110K NEar?BTC is closly following our stances as we said earlier and now you can observe the preceedence with the yellow line with the green line of 103500 is ideal buys and is major support. Observe!
$BTC Profit Target Done and It's Just Beginning? BINANCE:BTCUSDT Take Profit Done and it's just a Begging?
In the stated case, the price could rise and test the $110,000 resistance level. Any more gains might send the price toward the $112,000 level.
Bitcoin price started another increase above the $100,000 resistance zone. BTC is up nearly 5% and it traded to a new all-time high above $106,400.
Bitcoin started a fresh surge above the $100,000 Zone.
The price is trading above $102,000 and the 100 hourly Simple moving average.
There is a connecting bulish trend line forming with support at $103,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $102,500 support zone. Bitcoin Price Rallies Again Bitcoin price formed a base and started a fresh increase above the $100,000 zone. There was a move above the $102,200 and $103,500 levels. The price even cleared the $104,000 level. A new all-time high was formed at $106,487 and the price is now consolidating gains.
It is slowly moving lower below the 23.6% Fib retracement level of the recent wave from the $99,250 swing low to the $106,487 high. Bitcoin price is now trading above $102,000 and the 100 hourly Simple moving average.
There is also a connecting bullish trend line forming with support at $103,400 on the hourly chart of the BTC/USD pair. The trend line is close to the 50% Fib retracement level of the recent wave from the $99,250 swing low to the $106,487 high.
On the upside, the price could face resistance near the $105,500 level. The first key resistance is near the $106,500 level. A clear move above the $106,500 resistance might send the price higher. The next key resistance could be $108,000. A close above the $108,000 resistance might send the price further higher.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
Bitcoin Update
New ATH again on bitcoin as of now closing we have 106.6k resistance keylevel ! 🔥
Lets see what will be the confirm closing of latest ATH panda fam, Not on rush here since every ATH there is a correction incoming.
Stay cautious on every trade especially on long set up. ✨
BTCUSDT 105,300 BUY Target Our algo generated a 105,300 buy target. Our targets have 100% accuracy but do not follow a particular order or timeline, we just know that at some the point the price will go there. Always follow your own strategy!
Best,
Magellan Algo Team
BTCUSDT Weekly Analysis & Altcoin Season Prediction🚀 Bitcoin Update 🚀
Current Price: $103,181
📊 Technical Analysis:
Resistance: $105,310 (Fibo 0.62)
If this level is breached, the next targets are $110K - $124K.
Support: $100,000 (Key psychological level)
Losing this level could trigger a move down to $49,500 (Fibo 0.5) and $43,670 (Fibo 0.618).
📈 General Outlook:
Bitcoin remains in a strong uptrend, but $105K is a critical resistance. Short-term corrections could occur due to profit-taking. If momentum holds, new all-time highs are possible.
🔥 Altseason Insight:
Altcoin Season is expected to continue between Dec 10, 2024 - March 10, 2025.
⚠️ Warning: A significant drop could follow after this period!
#Bitcoin #Crypto #Altseason #TechnicalAnalysis 🚀
BTCUSD 4-Hour Chart AnalysisOverview :
I previously had doubts about whether BTCUSD would rise or fall, but this time I'm quite confident. There's a high probability that it will break through the middle line of the channel and start an upward trend. 📈
Key Technical Indicators :
Ascending Channel Analysis :
- Channel Middle Line Breakout: The price is poised to break through the middle line of the ascending channel 📊, which is a significant bullish signal. This suggests that the previous consolidation phase might be coming to an end, paving the way for a new upward movement.
- Support & Resistance: The channel's support and resistance lines have been tested multiple times, indicating their reliability. The recent price action near the support line suggests a strong buying interest at these levels. 🔒
Volume Analysis :
- Increasing Volume: Notice the increase in volume during the recent price movements 📈, especially around the channel's support line. This indicates growing interest from both retail and institutional investors, often a precursor to significant price movements.
- Volume Spikes: The volume spikes at critical levels suggest strong market reactions, either to buying or selling pressure. The recent volume increase near the support line supports the idea of an imminent breakout. 💥
Fake Breakout :
- Bearish Trap: The recent fake breakout below the channel support 👇 adds to the bullish narrative. This "fake breakout" often traps bearish traders, leading to a sharp reversal as these positions get liquidated. 🏦
Moving Averages :
- Golden Cross: The crossing of the shorter-term moving average (yellow line) above the longer-term moving average (purple line) is a classic bullish signal, known as a Golden Cross 🔄. This crossover indicates a shift in momentum from bearish to bullish.
Conclusion :
- Given the current technical indicators, including the ascending channel, increasing volume, and the fake breakout, BTCUSD is poised for a significant upward movement 🚀. The breakout above the middle line of the channel will likely confirm this bullish trend. Keep a close watch on the middle line for confirmation of the breakout. 🔍
Trading Strategy :
- Entry Point: Consider entering a long position if the price breaks above the middle line of the channel with strong volume. 📈
- Stop Loss: Place a stop loss below the recent support level to manage risk. 🛑
Take Profit: Set take profit levels at previous resistance levels or use a trailing stop to maximize gains. 🎯
Risk Management :
- Position Sizing: Ensure your position size is appropriate for your risk tolerance. ⚖️
- Diversification: Do not put all your funds into a single trade; diversify across different assets. 🌐
Market Sentiment :
- Social Media & News: Monitor social media and news for any significant developments that might affect Bitcoin's price, such as regulatory news or major adoption announcements. 📰
TMP In BTC 1day Chart :D + ascending channel patternBtc Moving in a ascending channel pattern + there is a TPM =Track price manipulation.
BTC Breaks Crucial 101,000 BarrierA green candle has closed above the crucial 101,000 price level, as established by Fib levels.
This comes after a minor pullback that was rejected from the 97,000 with a bullish engulfing candle. This means that there's enough buying power for the price to be rejected at this range, and continue trend upwards.
The Stochastic RSI is also signalling a strong bullish trend.
What to expect from Bitcoin next week and recommendations1. General analysis of the current trend
Moving Averages (SMA) :
The price is trading above all major moving averages (fast, medium, slow), confirming the presence of an upward trend. The widening gap between the moving averages indicates that the trend is currently strong.
Conclusion : The uptrend remains intact, but a temporary correction or false breakout is possible.
ADX (Average Directional Index) :
ADX = 16.64, indicating weak trend strength. A rise in the ADX above 20 would confirm a stronger continuation of the trend.
Conclusion : The trend is weak but could strengthen or experience strong volatility.
RSI (Relative Strength Index) :
RSI = 62.42. This value is in a neutral to bullish range and not yet in overbought territory (above 70). In an uptrend, the RSI often lingers in the 60-80 range without signaling a reversal. However, the current level indicates the possibility of a mild pullback.
Conclusion : The RSI does not indicate a reversal yet, but a further move towards 70 or a divergence may signal a weakening momentum.
ATR (Average True Range) :
ATR = 1.1, indicating low volatility. Such conditions often precede a strong move in either direction.
Conclusion : Be prepared for a sudden increase in volatility that could result in a sharp price movement.
Volume :
Trading volume has decreased, a common sign of trend exhaustion or consolidation. If volume spikes during a breakout, it will be crucial to assess whether the breakout is sustainable or fading.
Conclusion : Weak volume suggests that any breakout may be temporary unless confirmed by increased trading activity.
2. Key levels to watch
Resistance :
102,500-103,000 USDT is a critical zone where many stop losses from short sellers and buy stop orders are likely to be concentrated.
Support :
99,500 USDT is the next support level for a potential pullback.
97,000 USDT is a stronger support zone that could attract buying interest.
Critical support :
95,000 USDT is a key level. A break below it could signal a trend reversal.
3. Possible scenarios
Scenario 1: Continuation of the bullish trend (30% probability)
Conditions:
Price breaks through resistance at 102,500-103,000 USDT with increased volume.
ADX rises above 20, confirming the strength of the trend.
RSI moves into the 70-75 range without showing divergence.
Target: 105,000-107,000 USDT.
Scenario 2: Correction (40% probability)
Conditions:
Price fails to hold above resistance at 102,500 USDT and volume remains low.
RSI fails to break through 70 and begins to fall towards 50.
Price retreats to support levels at 99,500 or 97,000 USDT for liquidity accumulation.
Target: 99,500-97,000 USDT.
Scenario 3: Liquidity accumulation above resistance followed by a decline (20% probability)
Conditions:
The price briefly surges above resistance at 102,500-103,000 USDT, triggering stop-loss and buy-stop orders.
After gathering liquidity above resistance, the price quickly reverses back below 102,500, confirming a false breakout.
Volume spikes during the breakout, but quickly diminishes, signaling a lack of follow-through from buyers.
RSI shows divergence (price makes a new high, but RSI fails to follow).
Expected movement:
First leg up: The price rises to 103,500-104,000 USDT to gather liquidity.
Second leg down: Price falls back to 99,500 or 97,000 USDT.
Scenario 4: Trend reversal (10% probability)
Conditions:
Price breaks below key support at 95,000 USDT, accompanied by a volume spike.
The RSI drops below 40 and the ADX signals a strong bearish impulse.
The structure shifts to "lower highs and lower lows".
Target: 90,000-85,000 USDT.
5. Recommendations
For those holding positions :
Protect your profits by placing a stop loss just below 99,500 USDT.
If the price breaks through resistance at 102,500, monitor whether it holds above this level. A failure to hold could signal a liquidity grab.
For those looking to enter :
For long positions: wait for a pullback to 99,500 or 97,000 USDT and look for confirmation (e.g. bullish candlestick patterns, increased volume).
6. Additional factors for analysis
Candlestick patterns :
The current candlestick patterns do not indicate a clear reversal.
At the 102,500 resistance level, look for doji, shooting star, or hammer patterns that could signal a reversal or correction.
Near the 99,500 support level, look for bullish patterns such as Engulfing or Morning Star, which could indicate a bounce.
Fundamental Factors :
News and macroeconomic events: Monitor updates related to BTC (e.g., ETF approvals, regulatory changes) or macroeconomic events such as Federal Reserve interest rate decisions (Dec. 17-18) and inflation data, as these can impact market sentiment.
Liquidity Reports: Track BTC liquidity on exchanges. For example: if whales or institutional players withdraw significant amounts of BTC from exchanges, it could reduce supply and drive up the price. Conversely, increased deposits on exchanges could indicate selling pressure.
Conclusion
The most likely scenario is a pullback to the 99,500–97,000 USDT levels, providing liquidity for a continuation of the uptrend. However, a liquidity grab above resistance (Scenario 3) could also occur, where the price briefly spikes above 102,500–103,000 USDT before reversing sharply to lower levels. A full trend reversal remains unlikely unless the support at 95,000 USDT is breached.
2024 Overview - Whats Looking Big for 2025The crypto market is maturing to the point of clear winners and losers within the application space. The chain level has proven in 2024 not to be decided with the consistent growth of SOL Within the different chains though we have still seen winners seperately themselves from the losers.
The winning applications? Usually theyve been in three fields. Validating. Swapping. Lending. Now there are emerging winners appearing in the fields of RWA. Yield. Whatever Ethena is. These fields are distancing themselves from the losers. The zombie fields. The seed investment fields. The metaverses. The gaming. The NFTs.
The losing fields might have volatile token performance and they could definitely see strength start in 2025.. but those applications were big losers in 2024. Surprise, surprise... their token performance wasnt great. It may have something to do with the fact no one uses the application.
2025 I believe we will see those that were leading applications and leading token performers in 2024 continue to be the leaders of 2025.
EDIT - I forgot to mention in the video my favourite growth chain of SUI. SUI has been a relative leader both technically and fundamentally.
12.6R Trade BTCIt would be healthy for BTC to have a bit of a correction here to complete a measured move down. ABC correction wave.
Buy side liquidity at the highs of the range has been stopped out it seems and there is sell side liquidity likely at those lows.
The BTC miners seem close to bottoming but I am anticipating a move down lasting until Monday-Tuesday next week.
It’s 50/50 whether this move happens.
30% chance of success on the trade as it is a counter trend trade.
Bitcoin Potential to DumpWe can see potential dump because
1. Double top
2. Divergence with RSI
With this reason i can say we maybe will see Bitcoin dump to under 100k again and flush all long position in before XMas event
Bitcoin Overall--still consolidating, approaching end thereofAs mentioned in my last "Bitcoin Overall", I believe price will turn bullish again in a week or two. I expect one more move down from current levels to somewhere above the trend. There may be a (risky since against overall trend) short near current levels.
A break above this level, and BTC will moon even harderbasically waiting for BTC to break this wedge and stay above it. i think it will happen once we got some liquidations covered. Both eth and btc look ok, BTC also has an inversed head and shoulder on the 4h chart.
We are going up now! Bullish FlagI am seeing a huge bullish flag and i am long from 54363.
what do you guys think? tell me in the comments.
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