Btcusdtsignal
Has Bitcoin stopped its decline?Is it possible to go long BTCYesterday, Bitcoin plunged as low as near 26942, and tried to break below the 27,000 integer mark successfully. Then Bitcoin is likely to continue to decline in the market and seek support below 27,000.
From a structural point of view, after the Bitcoin bears released the pressure of the technical top divergence, they are currently undergoing shock digestion treatment.So has Bitcoin stopped the decline and can you go long BTC/USDT with confidence?
I don't think so. Since Bitcoin has tried to fall below the 27,000 integer mark, Bitcoin will definitely continue to test downward in the later stage.Judging from the current strength of Bitcoin's rebound, Bitcoin's lack of rebound momentum shows that most traders are still in a wait-and-see state and dare not enter the market easily, which makes it difficult for Bitcoin to maintain an upward pattern.And there is a strong resistance area of 27800-28000 above, and a further resistance of 28800; while the lower support is in the 26600-26400 area.
In addition, special attention should be paid to the need to beware of the traps of technical inducement as much as possible, and to avoid the rising market caused by the behavior of traders who are trapped in long-term self-rescue as much as possible.Therefore, for Bitcoin trading at present, avoid trading traps as much as possible, and do not directly short or long Bitcoin for the time being. If there is a good trading opportunity, I will announce it on the channel as soon as possible. Please pay attention to the trading signals in the channel.
Bitcoin Head & Shoulders!BINANCE:BTCUSDT
Bitcoin has printed into a Head & Shoulders also evident on 4h.
Watch for Fakeout at 30k level for a fakeout and then breakout to upside.
Failing that 28.8k level could retest and provide short term short.
Bitcoin is still Bullish, but watch for major bearish retests to continue to ride to lower levels of support.
But at these levels there are many buyers lurking around so wait for entry trigger confirmations.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTC Going downClearly seems supply is in control, very likely we will have another leg down (A measured move) which looks to be an important demand zone.
NFA
Bitcoin shortBitcoin broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 26900 is possible.
BTCUSDT +142.4% roe Short position (Perfect trading idea)More of my trade reviews are in my profile
For everyone who has studied all my trade reviews and updates. We reach our next goal in the SHORT position.
Congratulations friends. Below, you can study the complete trading history.
BTC Long PositionThis trading idea suggests opening a long position on BTC from 28900 to 28600 based on the Pattan Cypher and Navarro200 indicators. The Pattan Cypher indicator has identified a bullish reversal pattern, while the Navarro200 indicator is showing oversold conditions for BTC. If the price of BTC breaks out of the 28600 support level, it could potentially continue to rise to the next resistance level at 32000. However, traders should carefully consider their risk management strategy and trade with funds they can afford to lose.
great opportunity for alt party?!good morning folks, after two massive drop down and an aggressive pomp of bitcoin i think this digital gold will be stuck here for a small alt party.
seasonal tendencies for next month tell us we have a retrace for discount pd arrays.
finally, imo this price zone has the ability to change the trend.
BTCUSDT likely to bounce here till 29878The price is bouncing from hourly support. Not so strong but given the condition, I think it can produce desired bounce for a long trade. The target for this long is 29878.
BTC Looking bullish after a small pullback to grab liquidityAfter a deep pullback to 0.5 fib level I expect a liquidity grab and rise from there.
Everything on the chart!
NFA
Bitcoin Long - Still Strong!BYBIT:BTCUSDT.P
Bitcoin is still looking strong for continued upside.
Possible Bearish Divergence printed - opportunity for slight pullback providing ideas for:
1. Entry if you missed the move
2. Adding to positions
Wait for entry trigger on pullbacks - when BTC is hot, most of the times you will not get perfect pullbacks as the
market has a habit to front run ideas and buy the pullback early.
NB: A break below the 28.8k level (zone) would provide ideas to short to the possible pullback of 25.2k.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
btcusdt - triengle + support areaif you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
BTCUSDT 4H tf UPDATE & NEXT EXPECTED MOVEbtc currently trade at 29900$.
overall we are waiting for cpi date results.
if cpi date come positive then possible we btc price at 32000$-35000$ in comming days.
so if cpi data come positive and bitcoin touch its local support area 28500$ before cpi data then we open position in longs... and our sell targets we set around 30k$-32k$.
if cpi date come negative then possible we see btc price at 26500$ in comming daye.
on 4h tf indicators : rsi & macd looks bearish but on daily tf btc still looks strong.
follow me for more updates.
BTCUSDT Trade Set-Up for LONGsubjected to the target and sl may change at any time. be-cautious PCE data will be out in 4 hours. make tight stop loss and manage risk positions. if news favors it has higher chance of breaking 29600$
simple prediction with 2 line(btc is going to touch 16k)btc is going to 16k again.u will see,i promise u
btc is going to 30k at first it can be 32k but after that its going to fall and touch 16k again
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
I think that locally, the last upward movement to the 29-30k zone is missing,
then I expect a smooth decline on bitcoin to the 25-26k area and the fall of its dominance.
After that, the final movement to the area of 31-35k where I will close the position that I gained on 18k.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Bitcoin Multiple rejection from 28700 ...may retest 27700 !!Bitcoin is facing multiple rejections from Crucial level of 28700...so it may retest 27700 in coming days
BTCUSDT Trade Set-Up shortI'm going for a short from here since the divergence showing a bit bearish, and PCI data in 48Hours the expected forcase is like 0.3 increased, Forthis week we may see some drop to again 27000 Levels.
Watch out the same top structure on BitcoinBYBIT:BTCUSDT.P
1h time frame
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Bitcoin pumps aggressively but has low volume.
It's a bearish signal, so tend to see it breaks below this box in near future.
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
2 possible options:
Through consolidation or through a small correction to the 25-26k zone, I am still waiting for the final move up to the 31-33k zone, where I will sell what I bought at 18k
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Bitcoin H1Here is my view for BTCUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
BTC is going to make a big move!BYBIT:BTCUSDT.P
1h time frame
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Bitcoin is generating a symmetrical triangle.
After directing uptoward or downtward, it will make a huge volatilty.
I tend to see a dump to hit 25k.
It will be a good opportunity to long.
BTCUSDT : Analysis , 1DHello traders, we want to check the chart of BTCUSDT in the daily time frame. After a strong upward movement, the price has reached the key level of 28,000 and 28,500. Then the price had a drop to around the price of 26,500, but the price held this level and the price quickly rebounded. It grew and returned to the previous level, the details of which you can see in the image below.
The price is now settling down and we will check together what scenarios can happen in the future. If the price can break the level of 26500 and stabilize below this price, probably up to the price of 25000, which is the last ceiling. It is broken, it will fall, and if the strength of the fall is high, this fall may continue until around the price of 24,500. If this price stabilizes, it is likely to grow to the next key level, which is around the price of 32000. Good luck.
