BTC / USDT
The last 4 months in crypto was very boring and very tough for altcoins market “classic crypto summer”
What can expect next ?
1- Bounce from 61-63k areas to resistance zone of descending channel (already touched 63k)
2- Another massive sell off to early 50k
In the first scenario …BTC is still copying the gold pattern before major breakout …Check...
Take a look at the chart above. I am keeping this fully transparent: I am not a perma bear, nor am I a perma bull or moon boi. I am just analyzing what I see. If I am right, that would mean that we have bottomed for the time being and the next phase of Bitcoin is preparing. I inverted the chart to make the TA make sense to me because the right side up was just too...
Buy and hold thanks me later MYX:THETA also futre trader can trade but swing and mange ur risk
Trading during the accumulation phase in the Wyckoff method involves identifying potential accumulation zones and entering positions based on signs of accumulation by smart money. Here's a basic guide on how to trade during this phase:
1. **Understand...
I don't think that BTC will keep going up again. Of course i can be wrong, that's why i set my stoploss just above local highs. I expect a retracement till $64.500, next i will post an updates
In the monthly time frame, Bitcoin looks bullish. The price of BTC is consolidating between the resistance zone (Blue) at $71,225.18 - $73,849.29 and the support zone (Green) at $58,694.30 - $60,594.35 for the last 5 months. If you look at the chart, the price of BTC did not close under the support zone (Green) not a single time.
On the chart, a bull flag pattern...
BTC is currently holding good support of $63.5k and the 100 EMA is backing it up. Expecting BTC to hit the $70k target soon.
Entry: $63.5k to CMP.
Stop Loss: A 4-hour candle close below the support level.
Leverage: 5x to 10x.
Targets: $66.3k, $68.2k, $70.3k, $71.8k.
Not financial advice.
#Crypto #BTC
Welcome all
I checked the GOLD chart after hitting new ATH recently and I found big similarities with BTC
both assets formed :
1- Accumulation phase
2- Stoploss hunt phase
3- And finally, GOLD made the uptrend phase and printed new ATH
historically BTC has followed GOLD several times before (why not? it's the digital GOLD)
if we followed the pattern of GOLD...
Yello, Paradisers! Is #BTCUSDT on the verge of a major breakout, or are we headed for a deeper correction?
💎After testing the lower descending supports, #Bitcoin had a massive upside run, hitting strong horizontal resistances between $67,300 and $68,200. This rally has now paused, and the price has entered a corrective phase.
💎Since this morning, selling...
#BTC
Bitcoin price has been moving in an upward trend on the four-hour frame since the beginning of July
The price has now touched the rising trend and produced a reversal candle on a 4-hour frame
It is expected to retest the level that the price reached two days ago
Our target is at 68186
This is supported by the bearish saturation of the RSI aperture
The rise...
Bearish Flag Pattern in BTCUSD
The BTCUSD chart is currently forming a bearish flag pattern, indicating a potential continuation of the downtrend. With Bitcoin's price hovering around $64,300, this pattern suggests that the market is likely to break out below the lower boundary of the flag, potentially targeting $62,000 or lower.
Key Characteristics:
Flagpole:...
BINANCE:BTCUSDT.P
HELLO TRADERS
Tendency , the price inside two turning level at 65,475 & 63,714 .
TURNING LEVEL (1) : the price of this level at 65,475 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 63,714 , so if the price breaking this level reach a support level (1) .
...
💥BTCUSD 15Min-TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥BTC Bitcoin
I hope my idea is clear
Support me by like and share thank you
Stay Safe💯💲💲💲
Good luck💰😍
Even tho am still bearish but i would like to see a liquidity sweep above before we head our way down to fill the CME Gap
i wont be bullish until we shift the market structure again cheers!
BITSTAMP:BTCUSD (BTC) extends its recent correction move and falls to nearly $64,000 on Thursday. CEO David Bailey confirmed Kamala Harris will not speak at the upcoming Bitcoin Conference, while the Ferrari Luxury Car Manufacturer announced the acceptance of crypto payments across Europe. Meanwhile, the bankrupt Mt. Gox exchange continues to move funds to pay...
Check the chart. We are still in this descending wedge channel, and to go higher, we need to break through the top resistance.
We may succeed and reach 100k, and the bull run could finish next week. Or we may continue to consolidate. This idea focuses on the second possibility.
- Moon boys are all chanting 81k, 100k again. That is a sign that the market is ripe...
As you can see in the chart, CRYPTOCAP:BTC dominance is showing a pennant flag consolidation pattern. This might give some relief to the altcoins that are bleeding, but unfortunately, this pattern is a bullish one, and CRYPTOCAP:BTC dominance could grow up to 57% before having a pullback.
Do your own research (DYOR). I hope I am wrong since I own a lot of...
Hey traders, here's a quick breakdown on why I'm seeing short-term bullish signals for BTC/USD, despite the recent downtrend.
We've got a classic double bottom formation here, which is a strong bullish reversal indicator. Basically, the price found solid support at this level twice, showing that the bears are losing steam and the bulls are stepping in to push...
#GFTUSDT 🔎🚀
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⏰ Time Frame: 1D🤞
The Bearish Pennant Pattern is Formed ✅
Now it's Ready to Break the Pattern🤑 😎
We are Expecting a Bullish Move of 40% 🚀📈
