BULLUSD trade ideas
BTCUSD Potential Bearish Bat PatternOn the 4-hour chart, BTCUSD is currently fluctuating at a high level. At present, attention can be paid to the resistance near 99600. A break through will be expected to further rise. The upper resistance is around 106525. When the price reaches 106525, attention can be paid to the potential bearish bat pattern. The lower support is around 92000. If it falls below, it will continue to fall.
BTCUSD 1h UPDATE according to my analysis BTCUSD is going upBTCUSD 1h UPDATE according to my analysis BTCUSD is going up on 107,240 now BTCUSD
Price on 100,425
Entry poin 100,425
(Target1) 101,643
(Target 2) 102,641
(Target 3) 107,240
STOP 🛑 LOSE 98,015
Trade with your own risk
My first chart sport me and keep fallowing
BTC Trend Reversal in Bullish, Asalam.o.alaikum (Hi) Community,
Hope you are fine and doing all of your great, so yesterday i published the Bitcoin's reversal area's chart according to 30mins time frame and we've got the best move and 100% accuracy along with brokage commission.
So, now we having this chart according to market momentum, our first reversal (minor) will be happened at 50% (Mentioned in the chart) and second and major is at the 100% (Mentioned in the chart). After that we have new structure, let see what happened in the market today.
Don't forget to leave your reply about will it continue the reversal or go future bearish?
Exited to know what's your thinking....
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
23/12/2024
BTCBTC building a picture perfect distribution, which is a bearish pattern.
I will sell all my BTC once it reached the "sell zone".
A huge correction is about to come soon, new buy opportunities will come.
Have a good time! 🤝
BTC road in 96 000, the correction continuesBTC road in 96 000, the correction continues, the first target for Wolfe waves is 96t$ per BTC
BTC Target HnS and RbSAfter a significant decline, BTC has the potential to rebound. Once the Head and Shoulders (HnS) target is reached — with the full length of the Head already achieved — there is potential for a Reversal by Support (RbS) in this area, as previous price corrections occurred multiple times at this level.
BTC SHORTBTC might revisit the 95k area as projected on my chart above, a good retest of that broken trendline will further confirm this idea, so may be wait for confirmation before tagging along.
Bitcoin - Long from $95,900 to $104,500Bitcoin - Long from $95,900 to $104,500
Entry: **$95,900**
Target: **$104,500**
Stop-loss:** $91,920**
Leverage: **15x**
Profit target: **123.44%**
Bitcoin-92,000 or panic plungeBitcoin-92,000 or panic plunge
"Bitcoin investors are like gamblers - they just wear nicer suits and call their losses 'portfolio adjustments. Predicting Bitcoin is like predicting the weather - the weather is less often wrong!'"
Williams' Bitcoin weather forecast:
Theoretical basis: straight lines belong to humans, curves belong to God
God's perspective--as shown in the picture:
The most accurate support line at the moment is: around 92,000
The meaning of segment A: the accumulated shock near 92,000, just like before a 100-meter race, the athlete must squat first.
The meaning of segment B: the test market of sprinting 100,000
The meaning of segment C: forcing the shorts to death and quickly taking profits, the long and short divergence
The meaning of segment D: Accumulated adjustment, and trying to rush to a new high: 11,000, and quickly collapsed near 108,000.
The meaning of segment E: panic decline may occur
Fundamentals:
Trump is highly bullish on Bitcoin
Powell is highly bearish on Bitcoin
The news is true!
The money evaporated, which is also true!
Trump plays the red face and Powell plays the black face.
It's like Chinese crosstalk, they are singing a double act.
I will use the orange S line to show the possible trend, as shown in the figure
Long ideas:
BUY: 93000-94000
SL: 92000
TP1: 99000
TP2: 100000
TP3: 103000
----------------------------------
Short ideas:
SELL: 94000-94500
SL: 99500
TP1: 92000
TP2: 88000
TP3: 85000
As a professional analyst: From the perspective of technical analysis, I prefer the possible panic decline.
But we have to face the two super rogues in reality
I will continue to follow up the subsequent signals
If you also agree with my analysis, you can leave me a message and I will reply one by one
and continue to update for you.
BTC - $89K Range (1D)Part 2 of my GETTEX:89K range prediction… A lot of room for price ranges to be tested, event 70K is possible if it’s volatile enough
BTCUUSD TARGET 96300 POSSIBLE GUYSHere's a summary of your updated BTC/USD trade plan:
# Trade Plan
- Entry Point: 98100 (current)
- Target: 96300
- Stop-Loss: 98900
# Market Analysis
The BTC/USD is experiencing a bearish trend, driven by a strengthening US dollar and decreasing investor sentiment.
# Technical Analysis
- RSI Indicator: The Relative Strength Index (RSI) is below 40, indicating a bearish momentum.
- Moving Averages: The 50-day moving average is trending downwards, supporting the bearish view.
- Resistance Levels: The resistance levels at 98900 and 100000 could provide a selling opportunity in case of a bounce.
# Risk Management
- Risk-Reward Ratio: Your risk-reward ratio is approximately 1:1.8, which is relatively conservative.
- Position Sizing: Make sure to adjust your position size according to your risk tolerance and account size.
# Trade Progress
You're currently 1800 pips away from your target. Keep monitoring the market and adjust your strategy as needed.
Stay disciplined and stick to your trade plan. Good luck!
GUYS WHAT ABOUT THINK BTCUSD FOLLOW MY CHART GIVE ME SUPPORT AND LIKE COMANET
Potential bullish rise?The Bitcoin (BTC/USD) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance which acts as an overlap resistance.
Pivot: 92,651.63
1st Support: 87,516.30
1st Resistance: 99,246.82
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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$BTC Flipping Resistance to Support?!
Based on the provided image and the context from the web results, here's a layered analysis:
🔍 Analyzing the #BTCUSD Weekly Chart at All-Time Resistance!
We're currently witnessing Bitcoin testing an all-time resistance trendline, which is a significant milestone in its price history. Here's a detailed look:
1️⃣ Initial Growth: From late 2017 to early 2019, Bitcoin saw a significant rise, peaking at around $20,000 before correcting.
2️⃣ Bear Market: Post-2019, Bitcoin endured a prolonged bear market, hitting lows around $3,000.
3️⃣ Recovery Phase: The recovery began in 2020, with Bitcoin breaking through previous resistance levels.
4️⃣ Bull Run: The 2021 bull run pushed Bitcoin to new heights, surpassing $60,000.
5️⃣ Current Trends: Bitcoin has now reached an all-time resistance trendline, and according to Elliott Wave Theory, we still have the second half of the 3rd wave to complete. This suggests potential for further bullish movement. Possibly flipping the trendline from resistance to support.
The chart also features:
🟣 Ascending trend lines showing the overall bullish trend.
🔴 Purple lines indicating potential resistance points.
🟢 Green lines highlighting support levels.
Given Bitcoin's position at this critical resistance trendline, the question arises: Will this now flip resistance to support and begin the new age of Bitcoin?
According to Elliott Wave Theory, if Bitcoin successfully breaks and sustains above this resistance, it could indeed flip it into support, signaling the start of a new bullish phase. This would align with the completion of the 3rd wave, which is often the strongest in the sequence, indicating a powerful continuation of the trend.
However, this is contingent on several factors including market sentiment, regulatory news, and broader economic conditions. While the technical indicators are promising, the real-world impact of these factors cannot be underestimated.
What do you think about Bitcoin's potential to break this resistance and enter a new era? Share your thoughts below! 🚀💹
Please note that this analysis is based on the provided chart and general knowledge from related web results. For specific predictions, always consider multiple sources and do your own research.
BITCOIN - Sell Idea (Short-term)The failure to breakout above the key-level resistance of $106,374 suggests that price action is turning around for a technical correction at the very least. We believe that a quick drop to the levels of $94,500 is imminent. Firing off a new short-term bearish campaign, targeting $94,270. Stay tuned...
B/$Yesterday the bulls didn't have much strength to cross 100k, but they still completed the 5th wave.
Today I think it will be a correction and time for new purchases.
Bullish tendency is broken 101-102K for sellingMorning folks,
So, BTC was not able to stay above predefined support area and drop right back to the daily 92-95K level. It means that existing bullish context on daily chart is done. In general, this is reasonable - we're going to the Xmas Holidays and inauguration. There are a lot of uncertainty with coming D. Trump policy. Especially when JPowell said that the Fed doesn't intend to own any BTC... so inner conflict is ready.
So, retracement might be deeper in nearest month. Since BTC is overextended down a bit, the first thing we expect upside technical bounce, somewhere to 101-102K area. Then, if we're correct in our analysis, downside reversal should happen with potential H&S pattern.
105K for possible short entryMorning folks,
So, BTC just perfectly completed our setup for this week, turning down precisely around 107.80K, where as butterfly as H&S pattern targets were completed and falling down to predefined 98-98.5K area... Now what?
Daily trend has turned bearish, so, nominally we have no reasons for longs at least on daily chart. And should wait for the bounce to resistance levels. Now 105K seems potentially interesting for short entry, if BTC will hold bearish trend.
On intraday chart current 98-98.5 Lows in fact is a last hope for the bulls. This is K-support area, trend line support. SO tactical bounce should happen here, and it is already underway.
Thus, for intraday traders, this level might be interesting for scalp long position.
Those who would like to sell should wait for the same upside bounce. And, some resistance area, say 105K. If BTC will keep going higher, then forget about shorts for some time.
So, daily traders should wait...
Urgent btc crash/ correction incoming BTC is oversold I believe that we are going to test support at 103,000,then have a ABC correction in the short term. I am still bullish in the long term.
Why Bitcoin is not going upwardsThe cycle repeated but I am bearish right now. Tell me what you think in the comments.
Eyeing on a NEW ATH OR Is it JUST A TRAP?Eyeing on a NEW ATH OR Is it JUST A TRAP?
Bitcoin had a beautiful daily close, but it’s still trading below the dynamic support trendline. A sharp bounce off the 50 EMA resulted in a strong hammer candle, a promising sign for the bulls.
Was this a trap?
Are we on a path to a new all-time high while many players have already been shaken out and liquidated?
The next few daily candle closes will give us the answers.
