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!
BULLUSD trade ideas
BITCOIN end of correctionThe chart depicts the BTC/USD price action on a 1-hour timeframe. Here’s a detailed analysis:
### Key Levels:
1. **Resistance Levels:**
- **Pink Zone (101,880 - 102,602):** A strong resistance area where price failed to break higher multiple times. This zone shows selling pressure and marks a critical area for a potential breakout or reversal.
- **108,267:** A major resistance level further up, yet to be tested.
2. **Support Levels:**
- **Blue Zone (92,628 - 94,496):** A significant support area, as price has bounced from this zone multiple times. It represents strong buyer interest.
- **90,690:** A lower support level, indicating the next target if the price breaks below the blue zone.
3. **Intermediate Levels:**
- **99,011 - 99,316 (Green Zone):** Previously acted as support and resistance, indicating a pivotal level.
- **100,698 (Orange Line):** A key psychological level, aligned with the round number of $100,000.
---
### Chart Patterns and Trendlines:
- **Downward Channel:** The red descending trendline highlights the current bearish momentum, with lower highs and lower lows.
- **Potential W Reversal Pattern:** The double bottom formation near the blue support zone suggests a possible bullish reversal. If confirmed, the price could break above the descending trendline and target higher resistance zones.
---
### Price Action Insights:
1. **Current Movement:** The price is trading around $95,433, slightly above the blue support zone. This suggests consolidation after a recent bearish trend.
2. **Key Rejections and Bounces:**
- Multiple rejections in the pink zone indicate strong resistance.
- Clear bounces from the blue support zone emphasize its importance.
---
### Potential Scenarios:
1. **Bullish Scenario:**
- If the price breaks above the descending red trendline and sustains above the green zone ($99,011 - $99,316), the next target would be the orange line ($100,698) and eventually the pink resistance zone.
- A breakout above the pink zone could trigger a strong rally toward $108,267.
2. **Bearish Scenario:**
- If the price fails to hold above the blue support zone, the next target is $92,628. Further downside could lead to a retest of $90,690.
---
### Summary:
- The chart reflects a consolidation phase after a bearish trend.
- Bulls need to reclaim $99,316 and break the red descending trendline to shift momentum.
- Bears will aim to break below $94,496 for further downside.
This analysis suggests close monitoring of the $94,496 and $99,316 levels to anticipate the next directional move.
Daily Analysis of Bitcoin – Issue 235The analyst believes that the price of { BTCUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
BTC till Trump Soo, even you are going to be sad... Should open your eyes and be objective about events and cycles. So, what do you think?
Bitcoin Mid TermFirst Impression:
The BTC/USD pair appears to have dropped below the $95,000 level and is under selling pressure. Strong support levels are evident in lower regions. The price is retracing toward levels that previously acted as support during bullish moves.
Volume Analysis:
No notable increase in volume is observed on the chart. This could indicate that the current downward move is a low-volume correction or that the market is indecisive. However, if volume increases, the likelihood of the downtrend continuing may rise.
Price Action:
The price is trading around $94,000, showing downward movement. Below, key support levels are visible near $90,700, $88,000, and $85,000. These levels have historically been areas where strong buyers stepped in, making them potential zones for price reactions.
Positive Scenario:
If the price holds at $94,000 and starts a recovery move, it could climb back above $95,000. In this case, $97,500 would be the first target. Sustained movement above this level could push the price back toward the psychological resistance at $100,000.
Negative Scenario:
If the price drops below $94,000, a decline toward $90,700 becomes more likely. A break below this support level could lead to further declines to $88,000 and then $85,000. This scenario would indicate continued selling pressure.
High Probability:
Given current market conditions, it is highly probable that the price consolidates between $90,700 and $94,000 for some time. The balance of buyers and sellers in this zone will determine the direction of the next trend.
Overall:
The BTC/USD pair is trading near a critical support zone. The $94,000 level should be closely monitored; a drop below this level could drive the price toward lower supports. For upward recoveries, $95,000 and $97,500 are the first resistance levels to watch. Strategies should be adjusted based on volume and price action.
Macro setup on BTC (bullish)Zooming out from the four-hour to the weekly (my favorite timeframe). It is easy to note that the chart does not look quite as bearish. The BBWP and stochastic RSI needed this cool off zone for a few days/weeks, this allows for continuation. BTC did not quite hit my target before the expected downturn. This remains my PT1. I believe we will see around 140k my April 1st given the fib projection. Once I see BTC hit around 140k, I will wait approximately 10 days and start to take profits on my alts I have been holding and averaging into. I am not willing to wait to see how that ends up. I will leave a few select alts to run until the end of cycle top which should be around 200k. Remember, no one ever got hurt from taking profits.
BTCUSD is taking an elevator UPClearly defined UP channel + hold very well the resistance to support line.
No matter what you hear in the news, Bitcoin is bullish.
Remember, that "worth" and "value" are subjective, not objective.
A luxury handbag... does not have its value in the cost of materials,
it has its value in the mind of the people who buy it...
Possible Reversal on BTCStep 1-3 of reversal setup has already taken place. If it fails to break the 0.27 and retest then we should consider continuation to the downside.
This is not financial advice.
Bitcoin Crucial Support LevelBitcoin is still showing strong Support around the: GETTEX:92K zone area. Multiple times this area has been retested. Until we break bellow, I’m still optimistic🚀
Bulls have still managed to prevent the bears pushing price action further to the downside 👀😬
Remember this was just a correction, not a crash 💥 🙌🏻
BTCUSD Long and Short TargetsRed dots are short entries. Green dots are long entries. BTC is in a consolidation phase along with most of the crypto market.
this is why BTC dropped from a technical standpoint this is what I see:
BTC is testing the biggest challenge which is the YEARLY top trendline so it can be tough to break
the PULLBACK can be painful for investors if btc cant break this zone (especially alts)
But if and when btc finally breaks that, it will be huge and we might not see btc below that trendline again in the future
only time will tell
BTCUSD : Good luckThis is a follow-up to the chart published on 14 Nov.
As I said, patience is important. As to what happens next, it depends on luck.
Good luck.
30minutes | Bitcoin | Analysis | 26/12/2024Asalam.o.alaikum (Hi) Community,
Hope you are fine and doing all of your great, so about yesterday analysis, we're measuring it's outcome today as we have ranging break because of Christmas, so we'll skip that move. So today we have seen only one IFC that run the recovery move. For now we have the following key levels:
Bullish
Simply, an IFC again required for corrective move, breaking up the Hammer at the Minor Character Changing level. Otherwise market continue bearish structure.
Bearish
Market is overall bearish as i told you yesterday, so volume is required for the bearish players. Exactly, volume can came from the bulls, so that's why bear welcoming bull to capture and hunt him, I mean trapping the bull's, sweeping SL's and show the powers.
I hope you understood my views about the market. Let's measure the upcoming move together.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
26/12/2024
Daily Analysis of Bitcoin - Issue 238The analyst believes that the price of { BTCUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
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! 📊💡"
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.
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
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
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)
BTC Harmonic Elliott Wave and Hurst Cyclic AnalysisIn our previous update, published on November 30th, we anticipated the completion of wave IV of A of (5) retracement on BTC, which was aligned with a 20-week (20W) cycle trough expected in the third week of December.
Now, the wave IV retracement has been completed and the 20-week (20W) cycle trough has been confirmed. As previously mentioned, the next major trough is the 40-week (40W) cycle, projected for May 1st, 2025. In the short term, we expect BTC to push higher to complete wave V, followed by a bearish phase in March and April. A potential target for the peak is 121,500.
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!
TEFOREXADVENTURE | BTCUSD BEARISH OUTLOOKbtcusd break te up trend line thats why now i focus on sell trade guys
TRADE SETUP
sell zone 95,700.00
stop loss 96,700.00
1target 94,700.00
2target 92,700.00
follow this setup with proper money management guys
guys if you like my work please support me through like , comments and follow
Bitcoin’s Christmas Trap: Be Cautious🚨 Bitcoin’s Christmas Trap: Be Cautious 🚨
CRYPTOCAP:BTC Alert
As the festive season unfolds, Bitcoin has soared to an impressive $95,233.00. While this rally might spark excitement, investors should tread carefully. History warns us of Bitcoin’s holiday volatility, where quick gains can be followed by dramatic drops.
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🔍 Key Insights to Keep in Mind:
1️⃣ ⚡ Market Volatility:
The crypto market is notorious for its unpredictability. Rapid price surges often precede steep corrections.
2️⃣ 📈 Historical Trends:
December has been a rollercoaster month for Bitcoin, with sharp gains sometimes overshadowed by sudden sell-offs.
3️⃣ 🌎 External Influences:
Global economic shifts, regulatory updates, and investor sentiment can swing Bitcoin’s price unexpectedly.
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💡 Tips for Smart Investing:
🧠 Stay Updated:
Keep a close watch on market news and trends to make informed choices.
📊 Diversify Wisely:
Spread your investments across various assets to reduce risks.
⏳ Avoid Impulses:
Resist making hasty decisions based on short-term price movements.
---
📌 Final Thought:
While the holiday season might inspire optimism, approach Bitcoin investments with caution. Align your decisions with your financial goals and risk tolerance.
Stay sharp, stay safe, and invest wisely!
