BTCUSDT major supports are holding the price what if it break?For sure(90% sure) the supports which are mentioned on the chart with green zones will break to the downside and Bitcoin bellow 90K$ support would be crazy and so many stop loss will hit with high volume there, even more fall and dump is expected like the red arrows on chart. Notice: we may have more range here or even fake rise before the next phase of dump which will start again and soon. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚Shortby MMBTtrader4
Is Bitcoin Poised for a Rally? Technical Analysis and Trade IdeaMany are asking, where will Bitcoin head next? Looking at this four-hour chart, we can see equal lows and a notable dip into sell-side liquidity. My question is whether this is setting up for a pre-Christmas rally or not. I'll be watching for a potential buy opportunity if we see a bullish market structure break. If that doesn't happen, then there won't be a trade. This is not financial advice.04:23by fxtraderanthony2
BTCUSDT DROPPING DOWN TO 88000This could indicate the start of a bearish trend or a temporary pullback in a larger bullish trend.by reagankevin021
BTC views on spot As it has been disclosed in the chart drawing, it appears BTC to be bearish till support as shown. 1st and 2nd resistance with possible support is well disclosed in the chart drawing. Lets hope for the best.by AMGO_Markets1
$BTC up then sweep ?going up for now and need to see reaction at yellow line shall flip short IF it deviates back down from yellow line to do a deeper sweep which should give it enough fuel to rally and make a new high as for alts still hoping dominance made a lower high nice cross on the rsi below looks to be reset Longby CompoundingGain111
BTC IdeaBTC Idea | Hourly Completion of the AB=CD harmonic pattern and forming bullish divergence hourly timeframe. Need to break 90k levels before make this idea possible. Look for confirmation before enter. Longby CaHeart0
BTCUSDT.1DThis detailed analysis of the BTC/USDT pair on the daily timeframe aims to evaluate the market's current stance, emphasizing recent price movements, key technical levels, and potential future directions based on technical indicators. Price Action and Trend: Bitcoin has shown a significant upward trend over recent weeks, with price movements forming a steady ascent above the long-term supporting trend line. The chart reveals a period of consolidation after a recent rally, potentially indicating preparation for the next movement phase. Key Levels to Watch: Resistance Levels (R1 and R2): R1: $100,295.09 - This level has previously acted as resistance. A breach here could open the path towards R2. R2: $111,514.08 - As a higher resistance level, a move past this could confirm a more significant bullish trend continuation. Support Levels (S1 and S2): S1: $89,585.14 - The first major support level which could be crucial for maintaining the current bullish trend. S2: An extended support line drawn from previous lows, providing foundational support and a potential rebound zone if S1 breaks. Technical Indicators: MACD: The Moving Average Convergence Divergence is bullish, as the MACD line is above the signal line, suggesting continued upward momentum. However, vigilance is necessary as the histogram appears to be reducing, which might indicate a slowdown or potential pullback. RSI: The Relative Strength Index is currently at 59, suggesting mild bullish momentum without being in the overbought territory. This provides room for potential upward movement without immediate risk of a reversal due to being overbought. Volume and Market Sentiment: The recent trading volume corroborates the ongoing bullish sentiment, though it has slightly decreased during the consolidation phase, which is typical as traders await further cues. Conclusion and Forecast: The outlook for BTC/USDT remains cautiously optimistic. Traders should watch for a sustained break above R1 to confirm continuation of the bullish trend, potentially targeting R2. Conversely, a breakdown below S1 could see BTC test the stronger S2 level. Trading strategies should consider these levels for setting stop losses and taking profits, keeping in mind the potential for volatility as indicated by the technical indicators. Trading Strategy: Bullish Scenario: Entry near S1 with a stop-loss just below this level can be considered, targeting R1 and then R2 if upward momentum continues. Bearish Reversal: Should the price break below S1, a short position towards S2 could be advantageous, with a strict stop-loss above S1 to mitigate risks. Summary: This analysis indicates that while the current sentiment and momentum are bullish for Bitcoin, traders should remain flexible and responsive to changes signaled by key technical levels and indicators.Longby MarsSignals1
Bitcoin will reach the $500,000 level if Trump remains aliveBitcoin will hit the $500,000 level during Trump's presidency. Trump has a clever strategy to revive the U.S. economy by shifting the burden of the dollar’s debt to cryptocurrencies and gradually distributing it through stablecoins like Tether and similar ones. This initiative gives the U.S. Treasury the ability to move unbacked dollars into the cryptocurrency network, indirectly transferring U.S. economic inflation to the global economy. As a result, the $36 trillion U.S. debt could be lifted off the shoulders of American citizens and distributed across the entire world. Only two factors could halt Bitcoin's rise to the $500,000 level. 1.The assassination of Trump, which is more likely than the assassination of John F. Kennedy. 2.A serious shock to economic foundations, such as the outbreak of a pandemic like COVID-19, or other severe shock-inducing actions targeting the foundations of the global economy with a comparable level of destruction. If these two threats do not arise, the cryptocurrency market, with the policies Trump has in place, could easily move from $3 trillion toward $36 trillion. Longby Raminchavoshi0
GuiWave987 - Is a fibonacci EMA lines and its oppositesThe Giugni Wave 987 is a strategy script to demonstrate the EMA Fibonacci numbers from 55 to 987 and its opposite differential lines to the EMA55 (base). The main idea is to evaluate and identify points of entrance or targets. You may contact me at mvgiugni@msn.com if you need to develop your own strategy on tradeview by mvgiugni0
end of btc correction? in 1hr and 4hr time frames we can see a clear downtrend. we can now see the speed of our downtrend (in 1hr &4hr timeframe) has now has decreased with infiltrating the orange trendline or even ended we don"t have the confirmtion yet i"m bullish on the market but we can still see more dumps. actually we have handful reasons to dump even more but on the other hand we have handful reasons to pump its up to you to choose what you want to see as technical analysis is subjective you see what you want to see doesn"t matter if its right or wrong yeah what im trynig to say is don"t take side in any market. as you can see we have a bullish standard divergence in 1hr timeframe if the scenario is bullish for BINANCE:BTCUSDT we can expect to btc to make a low and then brake the high its has made (blue line) if its bearish we should wait for the green line to be broken note that( if you want to open a short be very careful its the prebrakeout line you should take momentum and other things like rsi into account ) last thing i want to note is the we have reacted to 0.618 fib level i wish good luck for everyone these days with love ❤️Longby kanaroio0
BTC - DAY TRADINGHere we have a nice clean simple day trading chart for BTC, very intuitive no instructions required , this is alpha like no other , keep stops fairy tight , bank profits and let runners runby peteramner0
Price Action Analysis GoldAccording to my chart, I use 4 hour timeframe to get a more reliable data. There is a break of structure upward means the bull is winning. I mapped out my 4h high and low zone. Next is as you can see the Liquidity sitting there has been swept with a strong buying pressure after getting it. It is now look like a demand. And the sensitive area that has been plotted is my supply zone that has a chance that the price could reverse because other than being supply it in the resistance from previous lake. Thas all please give me a like if we have the same idea not an expert but that is my insights about gold miht help you to decide.Longby Zhiektrader112
btcusdthi guys . scalp for bitcoin . take care . low volume enter . i have 2 point entry with rf zone . Longby mojtabam136213620
Analysis for intraday trader's for bitcoin #bitcoinHello trader's Here is some new update on bitcoin for your intraday trade mark the support or resistance on your chart and trade accordingly to it..by ForexTradeer1
BTCThis chart illustrates an uptrend with higher highs (HH) and higher lows (HL). The recent price drop marked a fake breakout (FB) below the trendline, but the price quickly recovered, respecting the overall bullish structure.Longby mak70910
Bitcoin Macro outlook Macro outlook Just brainstorming, you could say that the run is almost over, but looking at: The Indicators, Altcoins, Time cycles, and the outlook of indexes like the S&P500 Suggest to me that there is more going on. Therefore this scenario would be the most likely for me. Keep in mind that the diagonal is way to soon to assume and can shape up in a different way. But this could give you a rough idea of what my thoughts are at the moment. by lschipdam0
btc/usdt can retrace a few points1. wait for few candel to close above 0.38 , need more volume and momentum to get into the trade . i just share the idea . lets see how it play. i wll not make entry now untill i see good bullish signals.Longby mdrock4320
Bitcoin Liquidation Levels#Bitcoin #Binance #Liquidation #Levels Short Liquidation 111550 105450 Long Liquidation 93100 by lanky900
BTC what are you up to??not financial advice. DYOR TYOR. publishing only my takes on based on my TA level.by peppermint070
BTC thesis by Titan_KarmaBitcoin Investment Thesis Market Analysis Bitcoin (BTC) is currently trading at $96,938.18, showing potential for bullish momentum. The recommendation is to OPEN LONG positions, supported by technical and market indicators suggesting upside potential. Key Technical Indicators Stop-loss: Positioned at $95,000.00, providing a safety net against sudden price drops while allowing room for market fluctuations. Take-profit: Targeted at $103,000.00, aligning with recent resistance levels for an optimal risk-reward ratio. Exit Point: Set at $100,000.00, offering a balanced opportunity for securing partial profits before hitting the take-profit level. Confidence Level With a confidence level of 75%, this strategy reflects cautious optimism. While the data supports a bullish move, traders should remain vigilant due to the neutral correlation and market volatility. Correlation with BTC The neutral correlation (0.00) indicates BTC is moving independently, unaffected by broader market dynamics or external asset influences. Position Analysis Open Long Positions: None currently, presenting an opportunity to capitalize on the suggested strategy. Open Short Positions: None, indicating no significant bearish sentiment in the market. Risk Management Strategy Entry should occur near the current price of $96,938.18, with a well-defined stop-loss at $95,000.00 to minimize downside risk. The take-profit at $103,000.00 provides an attractive upside, and the exit point at $100,000.00 allows for partial profit-taking. Maintain flexibility to adjust the stop-loss and take-profit levels based on evolving market conditions. Recommendation OPEN LONG positions near the current price, targeting the upper resistance level at $103,000.00. The neutral correlation and technical setup support this strategy, but traders should monitor the market closely for sudden shifts in sentiment or price action.Longby titankarma1
BTC LONG IDEAHello traders BTCUSDT daily pa has respected key support levels. Psychological level of 100K has been breached again. This is an indication bulls are still in control. Long positions limits set at the retest of daily support with stops just below 50 ema support. Please note; this is not financial advice. Risk 2%Longby FrontLineNegusMfalmeUpdated 0
Elliott Wave: A Running Flat?This consolidation is a bit confusing from an Elliott Wave perspective. My current working hyposthesis is we are in a giant (somewhat enlongated) running flat, with waves A and C being zig zags, and B being an expanding triangle. This being wave 4/5/5 for the cycle. Overall, on higher time frame though, a running flat seems to appear. Correction is not complete yet however so currently unsure. My previous analysis (one posted before this one) and the guideline of alternation both suggest that we won't have a big drop toward 70-80K or whatever. However this of course is always possible. Markets will do what they will do!--If this does occur, however, it will likely be a 'fake-out' or 'bear trap' to the downside and will be resolved quite quickly.by Ian_Carsen0