Bitcoin (Cryptocurrency)
TradeCityPro | Bitcoin Daily Analysis #170👋 Welcome to TradeCity Pro!
Let’s dive into Bitcoin analysis. Yesterday, the U.S. unemployment rate was released. Let’s see how it impacted the market and what the conditions look like for the future.
⏳ 1-Hour Timeframe
Yesterday, after the U.S. unemployment rate report came out positive for the market, the price made an upward move and reached the 113233 resistance.
⚡️ But after hitting this level, it faced a heavy rejection and with a red candle, the price dropped back down to the 110561 support and is still ranging around this area.
✔️ After the daily candle closed, market volume dropped significantly and remains very low, which is why candle volatility has also decreased a lot.
📊 This low volume is natural because it comes after a sharp, high-volume move in the market, and also because it is the weekend—volume typically declines on Saturdays and Sundays.
⭐ It’s likely that today and tomorrow the volume will stay this low and price could continue ranging until then, with the next real move happening once the new weekly candle opens.
💥 Step by step, we are also approaching Jerome Powell’s speech and the U.S. interest rate decision on September 17, which will make the market even more indecisive as we get closer to that date.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
BTCUSDT (Daily)### 🔎 **Chart Context**
* Pair: **BTC/USDT**
* Exchange: **Binance**
* Timeframe: **1D (Daily)**
* Current price: \~**110,880**
* BTC has retraced from the **124,474 top** and is now stabilizing above the **111,920 support zone**.
* Projection points toward a **bullish continuation toward 138,000** after reclaiming mid-range resistance.
---
### 📊 **Key Observations**
1. **Market Structure**
* BTC printed a **higher high at 124,474** in August.
* Pullback into **111,920 support zone** has been defended.
* Structure remains **bullish** on daily timeframe as long as BTC holds above **100,000 – 111,000 range**.
2. **Support Zones**
* **111,920 – 110,530**: Immediate support, currently holding.
* **99,475 – 100,372**: Strong historical support cluster, high-volume node on VPVR.
* **88,765 – 90,500**: Deeper demand zone if broader correction occurs.
3. **Resistance Zones**
* **119,902 – 123,218**: First major resistance ahead.
* **124,474**: Swing high and liquidity cluster.
* **138,000 – 140,000**: Next big target & projected liquidity pool (aligned with chart’s TP).
4. **Volume Profile (VPVR)**
* Clear **volume gap above 120,000**, meaning once BTC reclaims **119,900**, price can accelerate toward **138,000**.
* Heaviest volume traded between **95,000 – 105,000**, forming a strong support base.
---
### 📈 **Bullish Scenario (Higher Probability)**
* Price sustains above **111,920 support**.
* Path:
* Retest 119,900 → Break 124,474 high → Rally into 138,000–140,000 zone.
* This aligns with projection, suggesting continuation after consolidation.
---
### 📉 **Bearish Scenario (Risk Case)**
* Breakdown below **111,920 – 110,530 support**.
* Next downside levels:
* **100,000 – 99,475** → Major support & volume shelf.
* **88,765 – 90,500** if selling accelerates.
* A daily close below **99,000** would shift structure to bearish mid-term.
---
### ⚡ **Trading Plan**
* **Long Setup (Preferred):**
* Entry: 111,920 – 110,530 support retest.
* TP1: 119,900
* TP2: 124,474
* TP3: 138,000–140,000
* Stop: Below 109,000
* **Short Setup (Countertrend):**
* Entry: Rejection from 119,900 – 124,474 zone.
* TP: 111,920 → 100,000
* Stop: Above 125,500
---
### ✅ **Conclusion**
BTC/USDT daily remains **bullish**, holding key support at **111,920**. The most probable scenario is **continuation toward 119,900 → 124,474 → 138,000**, with strong momentum if BTC reclaims **120K**. Only a breakdown below **100K** would invalidate the bullish trajectory.
We got the first profit! Next is 10k. Who's with me? ^_^
We got our perfect entry and reached our TP. Now that big institutions and whales are showing interest in BINANCE:ETHUSDT reaching 10k is more likely once the captial starts moving to ETH.
I too, with the experts have a similar view on ETH's future performance!
Not gonna list out things y'all already know. Feel free to drop your idea even if contradicting.
Good luck!
#BTC #ETH #bullrun #technicalanalysis #crypto #fundamentalanalysis #priceaction
SOLUSDT | 1 DAY | SWING TRADING Hey friends!
I’ve put together a detailed analysis on Solana just for you. The harmonic pattern has completed, and we’ve already seen some strong buying from that exact zone. 📈
Now, I’ve got two targets for you:
🎯 Target 1: 170.00
🎯 Target 2: 219.00
🔴 STOP: 75,81
"Just a heads-up — since this is a swing trade, the target might take some time to hit. Good to keep that in mind."
Remember, the more love and likes I get from you, the more motivated I am to keep sharing these analyses. All I ask is for a simple like to show your support. 💙
Huge thanks to everyone supporting with their likes — I truly appreciate it!
BTC 1H Analysis - Key Triggers Ahead | Day 34💀 Hey, how's it going ? Come over here — Satoshi got something for you!
⏰ We’re analyzing BTC on the 1-hour timeframe timeframe.
👀 On the 1H timeframe for Bitcoin, we can see that after yesterday’s NFP news, Bitcoin moved toward its resistance levels but then faced a very strong rejection. Personally, I expected some big green candles after that news. Right now, Bitcoin is consolidating, and the top and bottom of this range should be considered as breakout zones.
⚙️ The key RSI levels for Bitcoin are around 42 and 53. Once RSI breaks out of this range, Bitcoin can start its new move following the impacts of yesterday.
🕯 The size and volume of the red candles after the news increased sharply, and with one strong selling-pressure candle, the price dropped from the top of the range to the bottom.
💵📊 On the 1H timeframe for USDT.D, we can see that after yesterday’s news it had a very strong reaction from its support area and, with one massive hourly whale candle, pushed up toward its resistance at 4.49%. From there, it got rejected with several red candles and formed a higher low compared to its previous bottom. Keep in mind that if 4.49% is broken, Bitcoin could go into a deeper correction.
🔔 The alert zones for Bitcoin are the top and bottom of this range, which can give us entry signals. Our long alert zone is at 11,600$, and if this level breaks, Bitcoin could move higher. On the other hand, 11,056$ is our short alert zone, and with a breakdown of this level and selling pressure, Bitcoin could push toward lower levels.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Bitcoin Forecast: Sept 2025 | Bulls in Control?🔮 Bitcoin (BTCUSD) Technical Analysis & Trading Strategy
Date: September 6, 2025 | Closing Price: $110,656.71
🎯 Executive Summary & Market Outlook
Bitcoin is showcasing formidable strength, closing above the critical $110k psychological level. Our multi-indicator analysis suggests a bullish bias 🟢 with eyes on new all-time highs. However, the rally is maturing, and traders must be vigilant for potential volatility or a bear trap formation. This report outlines precise intraday and swing trading strategies for the week ahead.
📊 Comprehensive Technical Breakdown
1. Chart Pattern & Theory Synthesis:
Elliott Wave Theory: Price action suggests we are likely in a powerful Wave 3 of a larger impulsive bull cycle. The next minor pullback (Wave 4) should be bought into, targeting a final Wave 5 push higher.
Wyckoff Theory: Analysis points to a potential Sign of Strength (SOS) following a prolonged reaccumulation phase. A successful back-test of the breakout level ($105k - $107k) would confirm continued upward movement.
Gann Analysis: Using the Square of 9, key resistance levels are identified at $112,500 and $115,200. Gann angles from the last major low provide dynamic support; a break below could signal a deeper retracement.
Other Patterns: No classic Head & Shoulders top is present. The trend is characterized by bull flags and ascending triangles, indicating consolidation before continuation.
2. Key Indicators & Momentum:
RSI (14-period): On the daily chart, RSI is in the 60-70 range, indicating strong bullish momentum without being severely overbought. There is room for further upside before a correction becomes likely.
Bollinger Bands (BB): Price is riding the upper band, a sign of a strong trend. A move back inside the bands would signal a cooling of momentum, not necessarily a reversal.
Moving Averages: The order is perfectly bullish: Price > EMA(21) > EMA(50) > SMA(200). This "stacking" is a classic sign of a strong uptrend. Any pullback towards the EMA(21) (~$108k) would be a key intraday support.
Volume & VWAP: Anchored VWAP from the last significant low shows price trading well above it, confirming the Strong Bullish Trend ✅. Volume has been supportive on up-moves.
⚔️ Trading Strategy: Intraday (5M - 4H Charts)
Bias: cautiously bullish
Long Entries (3:1 R:R Minimum):
On a pullback to support (e.g., $109,200, $108,500, or the 21-EMA) with bullish reversal candlesticks (hammer, bullish engulfing) and increasing volume.
A breakout above the Asian session high with volume confirmation.
Short Entries (Counter-Trend, Higher Risk):
Only at clear resistance levels ($111,500, $112,500) with bearish rejection candles (shooting star, doji) and divergences on the RSI.
Stop-Loss: Tight stops, just below the recent swing low or key support level.
Take-Profit: Scale out at previous resistance levels turned support.
📈 Trading Strategy: Swing (4H - Daily Charts)
Bias: Bullish
Strategy: "Buy the Dip". Look for opportunities on any pullback into the key support zone of $105,000 - $107,000. This zone represents the previous resistance and the 50-EMA.
Invalidation: A daily close below $102,000 would invalidate the immediate bullish swing outlook and suggest a deeper correction to the $95k - $98k area.
Profit Targets:
Target 1: $115,000
Target 2: $118,000
Target 3: $125,000 (Extension)
⚠️ Risk Management & Trap Warning
Bull Trap 🚨🐂: A false breakout above $112k followed by a swift rejection and close back below $110k could lure in late buyers before a sharp drop. Confirmation: Low volume on the breakout.
Bear Trap 🚨🐻: A sharp, volatile wick down to $105k-$107k that is quickly bought up, trapping aggressive short sellers. Confirmation: A long-legged doji or hammer candle on high volume.
Always use stop-loss orders. Position size appropriately. The key is to protect capital.
💡 Conclusion
BTCUSD is in a confirmed uptrend. The path of least resistance is higher, favoring both long intraday positions and swing longs on dips. Traders should be agile, respect key support levels, and watch for trap formations at new highs. The integration of Gann targets, Elliott Wave structure, and Wyckoff phases provides a high-probability roadmap for the week ahead.
✅ Happy Trading! ✅
For individuals seeking to enhance their trading abilities based on the analyses provided, I recommend exploring the mentoring program offered by Shunya Trade. (Website: shunya dot trade)
I would appreciate your feedback on this analysis, as it will serve as a valuable resource for future endeavors.
Sincerely,
Shunya.Trade
Website: shunya dot trade
⚠️Disclaimer: This post is intended solely for educational purposes and does not constitute investment advice, financial advice, or trading recommendations. The views expressed herein are derived from technical analysis and are shared for informational purposes only. The stock market inherently carries risks, including the potential for capital loss. Therefore, readers are strongly advised to exercise prudent judgment before making any investment decisions. We assume no liability for any actions taken based on this content. For personalized guidance, it is recommended to consult a certified financial advisor.
BTC – Bulls Guarding the Key Zone!Bitcoin is retesting a major support zone 🛡️ that overlaps with the previous ATH breakout level.
This area has been acting as a strong demand zone, keeping the overall structure bullish despite recent corrections.
As long as this zone holds, we will keep looking for long opportunities 📈, with the next wave of momentum likely pushing BTC higher. If the bulls manage to reclaim the minor resistance ahead, we could see them fully take over and drive price back into an upward rally.
For now, this zone remains a crucial pivot — watch closely for bullish confirmation signals.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk management, and trade execution.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bitcoin: Edges HigherToday, Bitcoin is once again trading slightly higher than it was at the time of our update yesterday. As a result, it remains possible that price could soon make another move into the upper blue Target Zone ($117,553 – $130,891), so green wave B can form its final high. The subsequent wave C is then expected to drive BTC down significantly—ultimately completing the larger wave a and thus the first phase of the three-part wave (ii) correction in the lower blue zone ($62,395 – $51,323). Additionally, our alternative bullish scenario remains relevant. We currently estimate a 32% chance that Bitcoin is still advancing within blue wave alt.(i) and will climb into the orange alternative Target Zone ($148,363 – $168,443) to complete this move.
BITCOIN Is the end of the Bull Cycle approaching?Bitcoin (BTCUSD) may be approaching the end of its current Bull Cycle and a few weeks ago we have issued a first reminder of the dynamics of this Cycle in relation to all previous. The historic symmetry is high and this time we've presented it using the Time Cycles and Time Fibonacci levels.
As mentioned on previous studies, measuring the Super Cycle from bottom-to-bottom, the Top tends to be formed around the 0.786 Time Fib. Naturally the distance from the 0.786 Fib and 1.0 is the Bear Phase (red). What follows next is the Bear Buy (blue) of the Bull Phase from Fib 0.0 to Fib 0.236.
What concerns us most at this stage is the fact that 0.786 Time Fib is on the week starting December 01 2025. To make things more alarming, if the next Bear Phase follows the last two that measured 51 days from Top-to-Bottom, since the Super Cycle ends on October 05 2026, the next potential Top of this Cycle could be on the week starting October 13 2025!
Certainly food for thought, surely the current Cycle got derailed/ delayed a few months by Trump's tarrifs but above all this serves as a reminder that booking profits in trading is key. And especially since very few actually manage to do so on Tops.
So are you booking profits for this Cycle or not yet? Feel free to let us know in the comments section below!
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Bitcoin Drops 3%—Here’s Why It’s Happening!Bitcoin jumped past $113k right after the NFP report, then retraced 2% . Why the sudden swing? Weak jobs data, recession fears, and market sentiment all played a role.
In this video, I break down:
The NFP impact on BTC
September’s historical weakness
Correlation with the S&P 500
Potential buying opportunities if the Fed cuts rates
I analyze Bitcoin daily to make sure we don’t miss any triggers. Join the community , drop your thoughts in the comments, and share with friends if this helped!
Bitcoin Crash Incoming?Bitcoin Cycle Analysis – Are We Nearing the 2025 Peak?
The above chart highlights Bitcoin’s historical market cycles, which have shown a remarkable pattern of consistency over the past decade. Each bull cycle has lasted roughly 1,064 days from the cycle bottom to the cycle peak, followed by a sharp correction phase.
Historical Cycles
- 2013 Peak → After the 2011–2012 bottom, Bitcoin rallied for ~1,064 days before peaking in late 2013. This was followed by a deep bear market.
- 2017 Peak → From the 2015 bottom, Bitcoin surged over 12,000% in ~1,064 days, peaking in December 2017 before dropping 84%.
- 2021 Peak → From the December 2018 bottom, Bitcoin rallied for 1,064 days again, gaining over 2,000% and peaking in late 2021. The following year saw a 76% correction.
Current Cycle (2021–2025)
- The most recent bottom was established in late 2022, marking the start of the current cycle.
- We are now over 1,000 days into this bull run, and Bitcoin has gained approximately 675% so far.
- If the historical cycle length repeats, the 2025 peak could occur around late October 2025.
Price Projection Based on Curved Support & Resistance
- Bitcoin’s price action has respected a curved support–resistance channel across the past three cycles.
- If the same pattern continues, the current cycle could see Bitcoin touch the curved resistance around the $130K–$140K level in October 2025.
- Historically, October has been a bullish month for Bitcoin, with strong momentum in previous cycles. Notably, in October 2021, Bitcoin printed a powerful bullish candle that led to the cycle peak.
- If history repeats, we could see a similar October rally in 2025, potentially marking the cycle top.
After the peak, a correction in the range of 60–70% is expected, consistent with the pattern of diminishing drawdowns (84% → 76% → projected 60–70%). This would place the potential next cycle bottom in the $50K–$60K range.
Conclusion
Bitcoin is nearing the end of its 2021–2025 bull cycle, with a potential peak around $130K–$140K in October 2025. Historically, October has been a bullish month, and past cycles suggest a 60–70% correction could follow, likely bringing prices back to the $50K–$60K range. With diminishing corrections each cycle, the market shows signs of maturity, but caution and risk management remain essential as we approach the cycle top.
Cheers
Hexa
CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD
HYPE | Looking for All-Time HighsHYPE | Looking for All-Time Highs
📊 Market Sentiment
Market sentiment remains strongly bullish as the FED is set for a 0.25% rate cut, with the possibility of a 0.5% cut in September. Monetary policy is being adjusted not only in response to inflation but also weak labor market data. Recent August and September job numbers came in soft, signaling that the economy is cooling rapidly. This shift is fueling expectations for one of the strongest bullish runs in the coming weeks.
📈 Technical Analysis
HYPE continues to show a strong HTF bullish trend — one of the most bullish structures currently in crypto. Price retraced into the 0.75 HTF discounted range and reacted strongly from there. This level also aligned with the HTF bullish trendline, creating a clean confluence. Following the bounce, price established a fresh 4H demand zone, adding further validation to the bullish outlook.
📌 Game Plan
I will be watching for price to revisit the 4H demand zone, which also overlaps with the HTF bullish trendline. This zone aligns with the 0.5 Fibonacci equilibrium level, making it a key area of interest for continuation to the upside.
🎯 Setup Trigger
I will look for a confirmed 1H break of structure before entering long.
📋 Trade Management
Stoploss: Below the 1H swing low responsible for the BOS
Targets:
• TP1: $47.78
• TP2: $51.20 (ATH)
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
BTC ANALYSIS📊 #BTC Analysis
✅There is a formation of Descending Channel Pattern in daily time frame in #BTC .
Also there is a perfect breakout and retest. There is an instant major resistance and major support zone and if #BTC breaks the resistance zone then we would see a bullish move
👀Current Price: $1,10,800
🎯 Target Price : $1,21,700
⚡️What to do ?
👀Keep an eye on #BTC price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#BTC #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
Bitcoin’s Heavy Support Zone Under Attack–Will It Finally Break?Bitcoin ( BINANCE:BTCUSDT ) currently appears to have completed its pullback to the 100_EMA(Daily) , and Bitcoin has failed to break the Resistance lines with high momentum. The Resistance zone($110,920-$110,200) , Resistance lines , and Cumulative Short Liquidation Leverage($111,711-$110,745) could prevent Bitcoin from rising.
In terms of Elliott Wave theory , Bitcoin appears to have completed the wave Y of the Double Three Correction(WXY) .
I expect Bitcoin to decline at least to the Support lines and Cumulative Long Liquidation Leverage($107,230-$106,277) . And there is a possibility that Bitcoin will eventually break the Heavy Support zone($111,980-$105,820) in this attack .
Do you think Bitcoin can finally break the Heavy Support zone($111,980-$105,820)?
CME Gap: $117,235-$113,800
Stop Loss(SL): $111,880(Worst)
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
BTC/USDT Analysis. Manipulation During Macro Data Release
Hello everyone! This is the CryptoRobotics trader-analyst, and here is the daily market analysis.
Yesterday, Bitcoin reached the support level of $110,000. Just below this mark, we observed unusually strong buyer activity for this local downtrend wave, which was clearly visible in the delta. As a result, the price quickly moved back toward the local high.
Previously, we had left the resistance zone at $112,400–$113,300 (local volume zone) untouched, since liquidity above the high remained untested. As of now, this zone has been fully filled. During the release of U.S. macroeconomic data, large volumes entered Bitcoin and positioned themselves to the short side.
Trading priorities have shifted once again — at the moment, it is more favorable to look for short opportunities on pullbacks. The nearest downside potential is toward $108,000 and a possible retest of the recent low.
The zone $112,400–$113,300 remains relevant, but has shifted slightly to $112,200–$113,200.
Buy Zones:
$108,000–$102,500 (accumulated volumes)
Sell Zones:
$112,200–$113,200 (volume zone)
$114,400–$115,500 (volume zone)
~$116,500 (volume anomaly)
$117,200–$119,000 (accumulated volumes)
$121,200–$122,200 (buy absorption)
This publication is not financial advice.
ETHUSD BUY NOW 4280🟢 ETHUSD – Bullish Setup at 4280 Long Opportunity
Ethereum is showing strong bullish momentum, bouncing off key demand near 4280, with buyers stepping in aggressively. Price action confirms support holding, and technical indicators suggest continuation toward higher resistance zones.
🔹 Trade Idea: BUY ETHUSD @ 4280
- Entry: 4280
- Stop Loss: 4215 (below recent demand zone)
- Take Profit: 4450 / 4600
- Risk/Reward: ~2:1
📊 Technical Confluence:
- Bullish structure intact above 4267 support
- MACD crossover and RSI trending upward
- Price respecting ascending trendline
- Volume spike confirming buyer interest
💬 Narrative:
ETH continues to consolidate within a rising channel, with institutional interest and positive sentiment driving upside. A clean break above 4450 could open the path to 4600 and beyond.
BTCUSD: Price Drop to Support line of WedgeHello everyone, here is my breakdown of the current Bitcoin setup.
Market Analysis
From a broader perspective, the price action for Bitcoin has been bearish since the rejection from the Resistance Zone near the 122000 level. This initiated a downtrend that has since evolved from a channel into the current Downward Wedge pattern, which has been guiding the price through a series of lower highs and lower lows.
Currently, the price is at a critical decision point. After a bounce from the lower part of the wedge, it has rallied correctly and is now directly testing the descending resistance line of the formation.
My Scenario & Strategy
My scenario is based on the expectation that this Downward Wedge is a continuation pattern and the dominant downtrend will resume. I'm looking for the price to be rejected from the wedge's resistance line. A confirmed failure to break higher would signal the start of the next impulsive move down. This move is expected to have enough momentum to break through the intermediate Support zone around the 109600 level.
A breakdown below the 109600 support zone would validate the scenario. The primary target for this move is 105700 points, which aligns perfectly with the lower support line of the wedge pattern.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
BITCOIN PREDICTION: SECRET PATTERN FORMING!!! (scary) Yello Paradisers! In this video, I have been analyzing Bitcoin for you on multiple time frames because we are doing professional trading analysis. On the ultra-high timeframe chart, I have been showing you the ABC corrective mode wave formation that we are doing right now and the next targets from an ultra-high timeframe perspective. Thanks to this, we can better understand the context of the overall market and make better trading ideas on lower timeframes.
On the high timeframe chart, I'm sharing with you that the zigzag of that ultra high timeframe degree B wave was, with the highest probability, finished. We are right now working on the first wave from a lower degree. I'm sharing with you also the bullish divergence.
On the medium timeframe chart, I'm putting your focus on the volume, which is dropping with the price rising. This is usually a sign of bulls being weak. Confluence this with being at resistance; it's usually a recipe for a reversal.We are also seeing two bearish divergences, which need to be confirmed, but the medium time frame is kind of bearish.
On the lower timeframe chart, I'm revealing to you the secret pattern formation: the ending diagonal. The Fibonacci sequence levels are sharing with you all the supports and resistances. I forgot to show you the confirmed bearish cross, but that's okay because the ending diagonal itself is revealing to us the next highest probability movement of Bitcoin.
Paradisers! Keep in mind to trade only with a proper professional trading strategy. Wait for confirmations. Play with tactics. This is the only way you can be long-term profitable.
Remember, don’t trade without confirmations. Wait for them before creating a trade. Be disciplined, patient, and emotionally controlled. Only trade the highest probability setups with the greatest risk to reward ratio. This will ensure that you become a long-term profitable professional trader.
Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
Bitcoin continue to move up to resistance levelHello traders, I want share with you my opinion about Bitcoin. The prolonged corrective phase for Bitcoin appears to be concluding, as the price action signals a significant shift in momentum. After a complex journey through various corrective patterns, the price established a strong support base in the 108800 buyer zone and has now executed a decisive breakout from the final descending resistance line. Currently, following this breakout, the price of BTC is in a strong upward impulse, confirming the new bullish momentum and moving decisively away from the prior consolidation zone. The primary working hypothesis is a long scenario that anticipates a brief corrective movement before the next major leg higher. The expectation is that the price will soon make a small dip to retest the recently broken resistance line, confirming it as new dynamic support. A successful and confirmed bounce from this retest would validate the strength of the breakout and signal that buyers remain in firm control, likely triggering the continuation of the rebound to the upside. Therefore, the TP for this breakout and continuation play is logically placed at the 115800 level, which aligns with the major horizontal resistance level and seller zone. Please share this idea with your friends and click Boost 🚀
BITCOIN (BTCUSD): Bullish Wave is Coming?!
Bitcoin is now testing an Order Block zone on a daily.
Its bullish breakout and a daily candle close above that
will be a very important event.
A bullish move will be expected at least to 116800.
Patiently wait for a breakout and get ready to buy!
❤️Please, support my work with like, thank you!❤️