Btcusdtanalysis
BTCUSD:65000-67000 short, 61000-58000 long
Support is around 63000-62000, and the small-level chart now shows that bears have a greater advantage, so the trading view is to go short first.
If the support is effective, you can go long. If it falls below, look at the 60600-58800 range, with strong support around 57200.
In the 4h chart, some indicators need to be repaired, so if it falls below 61,000, the risk factor for long transactions in this range is relatively low.
The main trading range is: 65000-67000 short, 61000-58000 long
Bitcoin is Ready to Attack to Support zone⚔️🏃♂️Bitcoin is moving near the 🔴 Resistance zone($71,350-$70,900) 🔴 and seems to have broken the Support line .
🌊According to the theory of Elliott waves , Bitcoin seems to have successfully completed the Zigzag Correction(ABC/5-3-5) .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
📈If Bitcoin's downward momentum is high , there is a possibility of forming a classic Double Top Pattern .
🔔I expect Bitcoin to ⚔️ Attack ⚔️ the 🟢 Heavy Support zone($69,300-$67,500) 🟢 once again.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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BTCUSDT to bounce from 4h or daily supportWe expected a pullback of the price after it broke to the upside and went beyond bit our target. Now the pullback is slowly maturing and coming to the targets from where it can bounce. Therefore, lets get ready with the relevant levels and the trade setups for long. I have marked two support levels which is attracting the price on this pullback. The first one is 4h support 4HS1 from where a bounce is likely. In case the price wants to go southward a bit further on this pullback then the next support is daily support DS1. That level will definitely give a long trade opportunity. Therefore, I will take some amount from 4HS1 and will add at DS1 in case the price moves a bit more southward. Lets trade it and see where the price leads us.
#BTC/USDT Technical Analysis. #BTCUSDT Update: Our initial scenario is unfolding perfectly so far.
BTC is likely to go higher when the BTC Dominance hits 58%+ followed by a correction which is likely to lead to an altseason.
Do you believe BTC will surge past $80,000, or will it continue to move sideways until the halving?
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🗺️Bitcoin Roadmap🗺️⏰(4_hour time frame)⏰✅Bitcoin broke the upper line of the classic Symmetrical Triangle Pattern a few hours ago.
🌊Regarding Elliott's wave theory , Bitcoin seems to have completed wave 4 with a Double Three Correction(WXY) in a symmetrical triangle.
🌊Currently, Bitcoin is completing microwave wave 3 of main wave 5 , which can complete around an All-Time High($73,777) ( or even a little higher ).
🔔I expect Bitcoin to start rising again to complete the main wave 5 after the pullback to the upper line of the symmetrical triangle and at least rise to the upper line of the Ascending Channel .
❗️⚠️Note⚠️❗️: If Bitcoin can break the 🟢Support zone($69,300-$67,800)🟢, the scenario will change and we have to wait for Bitcoin to fall further.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDT at daily support and likely to head upAnd here comes the setup as promised. The price has hit the daily support and has bounced from there although not significantly. Howeverm it is currently trading above that zone and it seems likely that the price will push upwards during the day and that should result in a green daily candle today. We will reevaluate the price action at the end of the day to see where we might be heading. But for now this is the plan as presented below.
⚠️Bitcoin is Ready to Go Down again by Wedge Pattern⚠️🏃♂️ Bitcoin is moving near the 🔴 Resistance zone($69,000-$67,800) 🔴.
🌊According to Elliott's wave theory , Bitcoin seems to be completing wave 4 .
📈The Classic Ascending Broadening Wedge Pattern is also visible in the chart.
🔔I expect Bitcoin to fall to at least near the Support line after breaking the lower line of the Ascending Broadening Wedge Pattern .
❗️⚠️Note⚠️❗️: If Bitcoin can break the 🔴 Resistance zone($69,000-$67,800) 🔴, the scenario can be bullish, and Bitcoin will go to a new All-Time High(ATH).
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📈Bitcoin is on a crossroads? / Trading setups (Updates soon)📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders.
As long as Bitcoin is above Bollinger midline, it will continue its upward path until returning to $75K.
The bullish scenario will be canceled when Price returns below the Bollinger midline and stabilizes there.
🚨Bitcoin Analysis🚨✅As I shared with you in previous posts, Bitcoin attacked the 🟢 Support zone($69,000-$67,800) 🟢 two times.
🏃♂️Bitcoin is moving in the 🟢 Support zone($69,000-$67,800) 🟢 and near the Support line .
🔔Based on Market Cap USDT Dominance% (USDT.D%) conditions, I expect Bitcoin to rise to $70,200 at most and then attack the Support line . The Rising Wedge Pattern is still Valid .
💡Bitcoin also seems to be completing a pullback to the lower line of the symmetrical triangle .
❗️⚠️Note⚠️❗️ : If Bitcoin can break the Resistance lines , we can expect a new All-Time High(ATH) for Bitcoin.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
⚠️Bitcoin Can Dump By Rising Wedge Pattern⚠️🏃♂️Bitcoin is moving near the 🔴 Resistance zone($73,700-$71,800) 🔴. Above the 🔴 Resistance zone($73,700-$71,800) 🔴is also an important 🟡 Potential Reversal Zone(PRZ)($82,800-$73,700) 🟡.
📈From the point of view of Classic Technical Analysis , it seems that Bitcoin has succeeded in breaking the lower line of the Rising Wedge Pattern , and there is also the possibility of forming a Double Top Pattern .
📈We can also look at the Market Cap USDT Dominance% (USDT.D%) chart for a better analysis of Bitcoin. Yesterday, I analyzed USDT.D% for you.
📈 USDT.D% has succeeded in breaking the upper line of the Falling wedge, and this is good news, which confirms the breaking of the lower line of the Rising Wedge Pattern in the Bitcoin chart.👇
📈Also, the Market Cap BTC Dominance% (BTC.D%) chart will also be bearish and can help the fall of Bitcoin.👇
🔔I expect Bitcoin will Go Down at least to the 🟢 Support zone($69,000-$67,800) 🟢, and if it breaks, we can expect BTC will go down to the Support line and Fibonacci cluster.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDT to head upward towards 72000-73500Here is a trade idea on the long side for BTCUSDT. The price has been trading under the hourly resistance (removed from the chart, but can be seen in the connected post) and now it has trading inside that zone. I mentioned in my last post that I am inclined towards an upward move and I think it seems more plausible with the price action shown in past hours. The target of this long trade is the daily resistance zone which is around 72000-73500.
BTCUSDT rejected from daily resistance, likely to visit 66600So here are the various support and resistance levels which are relevant for the current price action. The price has been rejected from the daily resistance DR1. It tapped the daily resistance DR1 and started moving down. The first support is the hourly resistance and the price may bounce here temporarily but not significantly. The next significant support is 4h support 4HS1 and I think the price will bounce enough there making an opportunity for a long trade. Lets watch it patiently if we get that pullback and if yes when do we get it.
BTCUSDT heading towards daily resistance around 72000The price was pushed down by 4h resistance 4HR1 as we were expecting. The pullback happened and the price went below the 4HR1 zone. I believe we still have move to the upside left and soon the price will continue its upward journey towards next resistance 4HR2 and then very likely towards DR1. Now the question is if the price will start moving up from here or does it have some more downside move left. I think the price will not move down significantly. It might reverse from the current level or it can go to the level B marked on the chart in the best entry case scenario. I am scaling my position up between A and B level.
BTCUSDT Elliott Waves Analysis (Local Expectations)Hello friends.
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Everything on the chart.
Both possible options on the chart,
decreasing in 60-55k (if wave of iii was alreadys setuped).
If not, then waiting for last upward movement before correction in 79-84k zone, after that will be midterm correction.
Good luck everyone!
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It's not financial advice.
DYOR!
🚨Bitcoin Is Ready to Fall🚨🏃♂️Bitcoin is moving in 🟡 Potential Reversal Zone(PRZ)($66,120-$65,350) 🟡 and Resistance line .
🌊According to the Elliott wave theory , Bitcoin seems to be able to complete the Zigzag Correction(ABC/5-3-5) in PRZs (🟡 Potential Reversal Zone(PRZ) ($66,120-$65,350)🟡 has more chances).
💡Another sign that we can point to Bitcoin correction is the formation of the Head and Shoulders Pattern .
🔔I expect Bitcoin to fall at least to my Pitchfork lines on the chart.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📈Quick Bitcoin Long Setup / 49Min (Updates soon)📉BINANCE:BTCUSDT
BINANCE:BTCUSD
Hello traders.
Bitcoin has a bullish guard above the current support.
Volume management and risk-free strategy are very important in this setup.
Bollinger band midline movement can help you manage your risk.
The divergence of the indicators is shown in the chart.
BTCUSD:Head and shoulders, short
The head is composed of a double top. The current form is closer to the head and shoulders . Once confirmed, the market will inevitably fall sharply, so my trading view is to go short as much as possible. The important resistance is 66,000, the support is around 58,000, and the target is 53,000-52,000.
This is a large trading space that requires sufficient trading funds and patience. If you have such conditions, you can follow my strategy and the probability of profit is about 90%.
Bitcoin Increase in the Coming Hours🧐🏃♂️Bitcoin is moving near the 🟡 Potential Reversal Zone(PRZ)($63,000-$61,800) 🟡,the lower line of the descending channel and 🟡 Time Reversal Zone(TRZ) 🟡.
🔔I expect Bitcoin to temporarily rise to at least the upper line of the descending channel and then the 🔴 Resistance zone($70,600-$68,400) 🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDT heading towards daily support around 60000The price broke down invalidating our previous trade. Currently it is bouncing from 4h support 4HS1, and I have taken a small position here which I will close around 65000. The price is approaching towards daily support zone DS1 on this drop. This is a broad zone. However, the more robust area is the mid of the zone marked in dark green shade. I think the price has a high probability of bouncing from the dark green zone. I will take a long from the green zone scaling more into as it goes deeper there.