Bitcoin (BTCUSD) is testing today the 1D MA50 (blue trend-line) for the first time since July 19, on the most important 'break-and-pullback' re-test since October 11 2023! That was the last time BTC re-tested the 1D MA50 as a Support after a recent break-out, following the April 14 2023 - September 11 2023 Bearish Leg of the 21-month Channel Up that started back...
If we use the trend of gold as a reference, then the rise of BTCUSD should be at least around 68,000, but this time it only rose to 66,000. There is indeed strong resistance in this area. The current trend is not clear in the indicators. Judging from the shape, it is now at a critical point. If the bullish trend is confirmed, there is a 70% probability that...
My Dear Robbers / Traders, This is our master plan to Heist Bitcoin BTCUSD market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders...
This is not the first time we associate Bitcoin (BTCUSD) with our unique Global Liquidity (GL) metric (orange trend-line) and it will certainly not be the last. We are just making a highly critical update as GL is rebounding after April's Higher Low. At the same time, BTC is testing for the 5th month its ATH trend-line (has technically broken it, so we can't be...
Bitcoin (BTCUSD) is approaching the top of the 4-month Bull Flag pattern and is technically ready to break above it. When it does, expect a parabolic break-out as this will be a bullish structure within a long-term Channel Up (blue) breaking above the All Time High (ATH) trend-line. ** Bull Flags are a norm ** Similar Bull Flags that broke above the exact same...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Fibonacci Level - 23.80% CHoCH Rising Wedge as an Corrective Pattern in Short Time Frame
There is a chance for a sharp rise in Bitcoin when going long near 64,000. The rise is about 1,000 points BINANCE:BTCUSDT BYBIT:BTCUSDT.P INDEX:BTCUSD BINANCE:BTCUSDT.P TVC:DXY TVC:GOLD
From the trend point of view, Bitcoin will continue to fall. There is currently pressure at around 62,000. This round of decline is expected to go down to 60,500-60,000. So shorting Bitcoin can make money. BINANCE:BTCUSDT BINANCE:BTCUSDT.P COINBASE:BTCUSD INDEX:BTCUSD BYBIT:BTCUSDT.P TVC:DXY OANDA:XAUUSD NYMEX:WTI1! FX:GBPUSD
After the technical deviation of Bitcoin, a sharp decline is brewing.
I think there is also a trend of rebound after the decline of Bitcoin. The current price is around 61,000. The target is in the range of 62,100-63,000. Friends who like to trade cryptocurrencies can choose to buy as the main position. INDEX:BTCUSD BINANCE:BTCUSDT.P COINBASE:BTCUSD BINANCE:BTCUSDT
64500 is a good position for shorting. You can buy in small batches at present. Remember not to scalp. The risk is very high and uncontrollable. BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P INDEX:BTCUSD INDEX:BTCUSD BYBIT:BTCUSDT.P CRYPTOCAP:BTC.D
Yello Paradisers! Have you noticed the recent action on #BTCUSDT 4-hour chart? BTCUSDT seeing a clear downtrend with several successful Breaks of Structure (BOS), culminating in a lower low. Let's dive deeper into the current setup and what it means for our next moves. 💎#BTCUSDT has been in clear downtrend with several successful Breaks of Structure (BOS),...
Bitcoin (BTCUSD) broke yesterday above its 1D MA50 (blue trend-line) for the first time after 1 month (since June 18). It even closed the 1D candle above it, showcasing enormous buying pressure on the short-term. That is within the 4-month Channel Down pattern, whose 3rd Bullish Leg started after bottoming (Lower Low) on July 05. The 1st Bullish Leg was +24.30%,...
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin (h1) (Futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 56600.0 ⭕️SL @ 55600.0 🔵TP1 @ 60200.0 🔵TP2 @ 63500.0 🔵TP3 @ 66600.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
After a sharp rise, the price has entered the resistance area. The probability of a direct breakthrough is not high. Judging from the trend, the bears have a chance to counterattack, so the focus of the trading strategy is to sell in the resistance area, wait for a support backtest to be completed, and then determine whether to buy based on market conditions.
This isn't the first time we post this chart on Bitcoin (BTCUSD) and the relevance that its Cyclical Angles have but it is an added step with its RSI and phases. We are on the 1W time-frame where as you can see every Cycle has been so far approximately 10 degrees (°) less than the previous one from top to bottom. The 1st Cycle (2012 - 2013) was 54°, the 2nd (2015...
Bitcoin (BTCUSD) revisited last week more than 4-month lows and the market is again in anxiety. Righfully so but a quick look on the 4-year Cycles and what BTC has down throughout the June - September period, puts every thing again back into context. As you can see those Jun - Sep periods of 2020, 2016 and 2012 have mostly been bullish with one correction under...
After the second bottoming out, a double bottom has appeared in the current pattern, which is a relatively good long pattern. From the trend analysis, its current rise should reach 60,000, so the trading direction is mainly buying. You can enter at the current price. If there is a decline, you can continue to add orders, and the profit margin is very good.