BTC: Pennant Pattern$BTC Bears have been in Complete Control & Regain the 18k Crucial Support..
According to pennant pattern , Bitcoin Might going to 11-12k Before break out.
USDTBTC trade ideas
Bitcoin Update | m30 TF
Still bitcoin is pushing the price slowly on recent ATH at 104.1k resistance area but LTF movement of bitcoin fail to break the recent swing at 102.5k now present structure is forming a mini bullish structure. 👀
Keep on eye on white box area which is our possible rejection area for flip of bias as bearish. 🐻
But if price will break above on white box and same time on recent swing at 102.5k price will aggressively hit the ATH and buyers volume will kick in. 🐂
Always wait for confirmation panda fam while market is on sideways. 🧘
120K before March 2025Very clear pattern and I see 120K will be reached before March 2025.
I hope so!
30K again?And I'm expecting a double top for USD.D, then BTC can make a huge move. So beware. You don't want to sell just wait to buy more.
#BTC Rising Wedge📊#BTC Rising Wedge📉
🧠The market is boring over the weekend, there is not much volume, we should learn to take a break. From the perspective of the chart, we have the opportunity to build a rising wedge in the resistance area, and generally we fall according to this model.
➡️If the market develops as expected, then we need to pay attention to the buying opportunity when the price reaches the green buy zone and the yellow support zone.
Let's see👀
🤜If you like my analysis, please like💖 and share💬 BITGET:BTCUSDT.P
BTCUSD BULISH TREND RUNNIGBTC is on the one of the highest level we want stand for trend we recommend you long in btc if trendline bearkout then set up fail saty strong we are gonna fly to 110k in btc
BTC → Consolidation Before The Breakout When Do We Go Up?BINANCE:BNBUSDT continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse
A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution).
But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful
Resistance levels: 101.8K, 104.1K
Support levels: 98.9K, 94.15K
Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high
AMAZING - BTCUSDT %90 cylce chart Patternhi everyone ,
as you can see that cycles , 3/4 of them are about 90% and on of them 80%
after every 90% we had a correction and range until the box passed !
its not amazing ?!!
regards
$BTCUSDT 30-Min Chart Analysis for Scalp and Swing OpportunitiesI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Bitcoin ( BINANCE:BTCUSDT ): 30-Minute Chart Analysis for Scalp and Swing Opportunities
Trade Setup:
- Entry Price: $100,240.50
- Stop-Loss: $99,488.95
- Take-Profit Targets:
- TP1: $101,575.99
- TP2: $103,467.18
Technical Analysis (30-Minute Chart):
- Current Price: $100,300.75
- Moving Averages:
- 20-EMA: $100,150.00
- 50-EMA: $99,850.00
- Relative Strength Index (RSI): Currently at 62, signalling bullish momentum.
- Support and Resistance Levels:
- Immediate Support: $99,800.00
- Resistance: $101,200.00
The 30-minute chart shows a breakout from a consolidation phase, with BTC forming higher lows, indicating bullish strength. A clear break above $100,500.00 will likely trigger momentum toward TP1, with TP2 providing a longer-term scalp or swing target.
Market Sentiment:
Bitcoin continues to dominate market sentiment with strong buying interest around the $100,000 psychological level. Positive global crypto market news and increasing institutional adoption further support the bullish narrative.
Risk Management:
With a stop-loss at $99,488.95, the risk is tightly managed for intraday volatility. TP1 offers a quick reward with approximately 1.3% upside, while TP2 at $103,467.18 provides a broader 3.2% swing target.
Key Takeaways:
- Short-term scalpers can take advantage of the momentum to TP1.
- Swing traders can target TP2 for a more substantial reward.
- Strict stop-loss adherence is essential due to intraday volatility.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
BTC-USDT Shortas i saw USDT Domminance plays on a good support zone , if this zone hold the price , it can be good place for BTC correction . BTC can attack to lower price liquidity
manage you risk plz
BTC - Some review & planning aheadThe most important part about charting BTC for me is not getting the path or price prediction right, I'm much more happy if I see that the levels or zones I marked gave good reactions.
Looks like we did a good job with identifying ltf support and resistance, even following the bullish squiggle perfectly.
At the moment we are doing a second test of the supply zone, which is also following the squiggle I drew. Notice also how the green and red squiggle are different in how I expected them:
Support should give decent bounces in the current market conditions, while at resistance we expect TWAP / slow grind to continue into supply, which makes the rejections look a bit different from the bullish bounces.
I have no idea where price goes from here of course, but I added a loose support channel to the chart. As long as we keep compressing between that channel and the 105k zone, we would look out for higher prices.
Of course we will still look for short setups when price gets in the 103-105k zone, depending on momentum and ltf price action. I'm primarily a reversal trader, so high prices means selling for me, while low prices means buying.
Mars Retrograde: Financial AstrologyAccording to a friend of mine, the fact that Mars went retrograde recently, while other planets are also retrograde, will produce a period of slowness for Bitcoin and the financial markets in general.
It is said that this period will be a period of retrospection and everything is likely to slow down. Moving forward fast, as it was happening until recently, will no longer be possible.
Mars move direct again late February 2025.
Please keep in mind that between late 2022 and early 2023 Mars was also retrograde and the markets went very slow. As soon as Mars went direct in January 2023, Bitcoin shot up.
We are expecting similar dynamics for this upcoming Mars cycle. The speed which we were witnessing is taking a pause, and we will back in full growth mode when the retrograde is over in just a few months. Perfect timing for a period of consolidation.
Jupiter, Mercury and Uranus are also retrograde.
By March 2025, all these planets will be direct. Expect a bullish explosion very similar to 2023 but many times stronger; the end of the retrograde cycle for these major planets.
Thank you for reading.
Namaste.
BTC LONG TP:106k 12-12-2024I am considering opening a long position in BTC, aiming for the zone between 106k and 108k. It is essential to set a tight stop loss to safeguard our investment and manage risk effectively. Staying attentive to market dynamics will help in making informed decisions. #Bitcoin #Trading
$BTC - Key Levels$102k remains to be the trouble zone or the local resistance.
We still have 200+ Bitcoin sell orders above
We sfp'd (3-taps) and now price tagged the first imbalance (singleprint)
Any rejection we get at 100.8k, then we'll likely deviates to 98.3k.
We will see if can get a clearance thrust toward 103.7k-104k for a potential short trade.
Key Levels:
Local resistance - 102k
Local support - 98k
BTC - The Bulls Are Still Strong!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈BTC has been bullish, trading within the rising channel in blue.
Currently, BTC is in a correction phase approaching the lower bound of the channel.
Moreover, the blue zone is a strong structure and support.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #BTC approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
"BTC/USDT Weekly: Cup and Handle Bullish Setup"The weekly BTC/USDT chart shows a bullish continuation pattern, specifically a cup and handle formation. This pattern suggests a potential bullish rally, with a significant move expected once the price breaks above the key resistance level.
Retrace Is Over: The Cryptocurrency Market Will Resume GrowingIt was a very short retrace if you think about it, it only lasted two days... The Cryptocurrency market is set to continue growing, especially the Altcoins. It is normal to see retraces, shakeouts and swings as prices move up. The market never moves in a straight line that being up or down. There are always fluctuations.
With fluctuations, an uptrend means higher highs and higher lows and this is what we are seeing. Corrections are also normal but we have not seen any on Bitcoin. The current drop was only a "retrace," which means a very small correction.
On the Altcoins side of the market, these being smaller and more volatile, some retraced stronger but this too was short-lived. The market will resume growing.
When you see two, three, five days red erasing 2-3 weeks of growth, this can be considered as the market being bearish for 2-3 weeks. In 2-3 days there is a market flush, over-leveraged positions removed, weak-hands removed, and this opens the doors for additional growth.
Make no mistake. 👉 The market will continue growing. Crypto will continue growing. Bitcoin will continue growing. The Altcoins are going up.
Knowing this, what will you do now?
Will you buy and hold?
Will you accumulate?
The market always gives a second chance... There will be endless of opportunity to profit on the way up.
It is no longer early, we are already in-the-action. But this action is set to unravel based on the long-term. Some projects will peak in March, April and May, but many more will peak by the end of 2025. Allow for variations because the market is really big.
Those moving now, will continue to grow.
Those consolidating, will move up.
Those at the bottom, will wake up.
Everything grows.
The Cryptocurrency market is bullish.
We are bullish.
Bitcoin is bullish.
Prepare for the next leg up.
Higher highs and higher lows.
Namaste.
BTC update after flash dump and new scenarioafter the flash dump of BINANCE:BTCUSDT it firstly recovered above the trendline but dumped several times again bellow it - which invalidates the trendline somewhat.
therefore I looked back at the daily timeline and see the following:
- BTC found rejection on the VAH of the current upmove
- it seems to trickle down towards the 161.8 fib extension or at least consolidate between the dotted grey lines (past hights and lows)
- looking back at the last parabolic move up it first behaved similarly. it consoldiated downwards, building a bull flag in the process and then pushed upwards. if that happens again, which is likely imho, then it should push towards the 261.8 fib extension which is around 114k
let's see.
BITCOIN UPDATE. the lower channel boundary and 100-MA support hold, Bitcoin could resume its uptrend towards the $104,000-$106,000 range. However, a breakdown below $96,500 on the broader chart could test support near $92650 or even the 200-MA.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
BITCOIN → Trend reversal? The end of growth? Or ...BINANCE:BTCUSD still maintains a bullish market structure as evidenced by the local upward channel within the broader consolidation channel. After a strong rally, the price is moving into consolidation.
several possible scenarios regarding current levels and the current situation
Consolidation is the accumulation of a position. Accordingly, there can be different situations inside such a figure: traps, traps, false breakdowns, unpredictable impulses and so on. And it all has one goal - accumulation. Technically, the bullish market structure is not broken. Globally - flat. Locally - an ascending channel.
The risk of breaking the bullish structure will be if the price starts to approach 91K - 85K. Then the question about deeper correction or even reversal will become more serious, but not now.
The bulls are actively defending the boundaries of the local ascending channel and it may lead the price to retest 99-102K, but at the moment there are no preconditions for strong growth. The market will need a few days to recover its strength. Just during this period of time, the asset may show further intentions.
Resistance levels: 99K, 101.3K, 104K
Support levels: 95.9K, 91.6K
If the bears hold the defense below 99K and the price starts to fall down, then pay attention to 95.9K. Further fall or consolidation inside the channel will depend on this level.
If the bulls will be able to keep the defense inside the channel (above the support), then in the medium term we can count on the continuation of growth
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;)
Regards R. Linda!
Bitcoin is still a bullish rocket!This analysis is an update of the analysis you see in the "Related publications" section
It has reached the green zone and appears to be accumulating orders.
By holding the green zone, it could reach the targets of 120k - 169k - 250k in the mid-term.
A weekly candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BTC LONG TP:101000 10-12-2024Bitcoin long position targeted at the 101k zone, with entry points between 93,500 and 95,000. Stop loss placed below 92,500. This setup is based on a 1-hour timeframe, but the expected move could take up to 48 hours to play out. Remember, the entry points, stop loss, and take profit levels are just suggestions - feel free to adjust them to fit your own trading strategy. Stay vigilant and manage your risk carefully. #Bitcoin #Trading
#BTC long structure target achieved📊#BTC long structure target achieved✔️
🧠 From a structural perspective, we have built a bullish long structure in the overlapping support area. The target of this structure has been achieved and it has reached the resistance area, so we need to be alert to the risk of a pullback.
➡️So, the long orders we got in the overlapping support area have locked in 80% of the main profits, and then only a small part of the position is retained to maintain greed.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BITGET:BTCUSDT.P
