BTC needs some catalyst to take a move, as usual FOMC will shake up the markets. J.Pow sent some signals in his latest speech, DXY is hovering right below resistance. Overall slightly bullish to neutral, looks like BTC will range between 25k <-> 27k for a while.
Once the $40,000 ceiling is breached in Q4 2023, it will be a straight road to $100,000 within 6 to 10 months. The bitcoin halving of April 2024 will come and go. A major correction will only be after a top of $100K to $150K around mid-to late 2024. This will be followed by a mini-bear market / correction to the previous ATH of $60Ks. This correction won't...
Our last week's buy signal was purely based on the 1D RSI break-out (see chart below) and Bitcoin (BTCUSD) didn't fail to deliver: As you see, the RSI on the 1D time-frame eventually broke above its Lower Highs trend-line, and as it has done all year on three previous occasions, it is starting to rise aggressively. Today the price broke above the 1D MA50...
These trades reflect my trading history Trades will be updated on the same published chart such as Take Profit, Early Exit or Partial Exit..... STOP LOSS 4H CLOSE
Short position on BTC DCA between 28,000 - 28,200 Stop Loss 28,250 Target 1 27,690 Target 2 27,550 Target 3 27,160 Multiple confirmation for a reversal. 1. Market Structure shift 2. Elliot wave theory 1,2,3,4,5 -> a,b,c
Technical Confluences Resistance level at 29500 Support level at 27000 Idea Overall, price has been on a bull run since 21st November 2022. In terms of price action, price looks clean on the left side of the chart. We could see price continue bullish to retest the resistance at 29500. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted...
Just a quick post to show off the new HLC Area candle type, while using the less new pattern indicators from TradingView. No drawing here, just a 3-day view of the HLC Area chart using the built-in pattern indicator for an Inverted Head and Shoulders. Its target it 35k, let's follow this together and see how well the pattern indicator works! The new HLC Area...
Everyone is looking for Short Trade Will Go LONG !!!! Reason of taking this trade. *After breakdown consolidating near resistance level * Sellers are Shorting at Resistance * Increasing liquidity * more retail sellers are coming in trendline breakdown * Price Action + Trap Don't forget to FOLLOW for More IDEAS
- Smells like a Bullish Pennant Pattern. - Easy setup for scalpers. - Everything in graph like always. -------------------------------------------- Trading Plan -------------------------------------------- Buy : $26,500$ ish ( 25% invest ) Rebuy : $25,150 ish ( 75% invest ) TP1 : $37,000 TP2 : $41,000 SL : $24,500...
following up with the bitcoin chart! after getting almost 10% profits from the previous short term analysis. there is a room to get a small correction before testing 30k zone best zone to buy : 27300$ - 27000$ invalidation if BTC break 25800$
BTC target of 28700 almost reached. BTC will struggle in this area. still expecting 31k to get sweeped before a major crash next month
Trend Following is a trading strategy used in all trading markets, including stocks, futures, and currencies. It relies on technical analysis, as opposed to fundamental analysis, to identify potential trading opportunities. The principle behind trend following is quite straightforward: it's based on the premise that prices tend to move in a particular direction...
Seems Like Already bottomed Out Descending trendline breakout Has Already with Strong Momentum + Good Volume Expecting Massive Bullish Wave In Midterm Expecting 300 to 320% bullish Wave
Trend Following is a trading strategy used in all trading markets, including stocks, futures, and currencies. It relies on technical analysis, as opposed to fundamental analysis, to identify potential trading opportunities. The principle behind trend following is quite straightforward: it's based on the premise that prices tend to move in a particular direction...
BTC broke the red descending trend line recently and also we can see an obvious changing in structure (CHOCH) . By the way Head & shoulder pattern show the possibility of rising ! POI zone can attract price toward itself and after that price will be able pump up to 38k-40k technically! NFA-DYOR-IMO Stay safe *-*
Seems Like Ready For Massive Bullish impulse Descending Channel breakout Has already Confirmed Retesting In Process Incase Of successful Retest expecting 45 to 50% bullish Wave
forming Falling Wedge In Weekly Timeframe Incase Of breakout Expecting 500 To 600% Bulish Move In midterm Wait Patiently For breakout To be Confirmed
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT.P chart) (1D chart) The creation of a new uptrend line (1) created an uptrend channel corresponding to uptrend lines (1) to (1-a). This is an uptrend channel with a steeper slope...