BITCOIN LONG TO $77,000 (UPDATE)So far running 100 PIPS in profit! It is still not too late to get into Bitcoin buy positions, if you haven't already. Just adjust your risk for a bigger invalidation level & open up a buy position according to that. Move called live. Longby BA_Investments8
Could Bitcoin drop from here?Price is currently at a resistance level which is an overlap resistance and could potentially reverse from this level to our take profit. Entry: 65,131.25 Why we like it: There is an overlap resistance level. Stop loss: 67,114.33 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Take profit: 63,099.45 Why we like it: There is a pullback support level which is slightly below the 161.8% Fibonacci extension. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets8
BITCOIN abc analysisIt is about reading the price pattern and the result of the indicators I will only share with you what the result of the analysis shows. This could be wrong. MDby MoralDiscipleUpdated 8
BTC Cycles & TA: 6/10/24It has been a long time, but not much has changed since my last video. Cycles continue to point down and charts continue to signal that something big and bad is coming. see the video and you decide. Make up your own mind. 30:14by Majorcycles334
Missed fractals? Hi, dear friends! 🫶 Missed fractals? I hope You did, because today I'm going to show You one of them.🤭 A fractal in trading refers to a recurring pattern that can predict future price movements. They play a significant role in technical analysis, offering insights into potential market trends. In November-December 2020, Bitcoin's price formed a pattern that I highlighted on the chart with a white rectangle. I've enlarged this pattern for you using a 9-hour chart. By overlaying the shadow of this movement onto the current price formation, we can see that the price is moving in a similar fashion. This suggests that the price might replicate this fractal: if it does, we could see Bitcoin's price reach $62,500, followed by a sharp increase. Continuing with this observation, it's important to monitor the market closely. If the fractal pattern holds true, traders could capitalize on the expected price movement. However, it's also crucial to consider other market factors and indicators to make well-informed trading decisions. In conclusion, while fractals offer valuable insights, they should be used in conjunction with other technical analysis tools to enhance accuracy. Keep an eye on the market and stay informed to make the most out of these patterns. Thanks for Your attention💋 Always sincerely Yours, Kateryna💙💛Longby RocketBomb16
Bullish rise?BTC/USD has reacted off the support level which is an overlap support that aligns with the 78.6% Fibonacci projection and could rise to our take profit. Entry: 65,131.25 Why we like it: There is an overlap support that lines up with the 78.6% Fibonacci projection. Stop loss: 63,176.38 Why we like it: There is a pullback support level that lines up with the 161.8% Fibonacci extension. Take profit: 68,593.43 Why we like it: There is an overlap resistance level which lines up with the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets7
Biggest Bull Run COmingHy traders, we are going to share our trade here , how do we analysis the market and take a perfect trades. here we have BTC retrace to 65k , which is very imp area for bull. we have trend line support, we fave fib retracement golden area, we have divergence in smaller 4H timeframe, And the most important thing is we have volatiliy squeeze in this daily time frame. Those are the very most important technical comming together. so, we take this trade with R:R 1:8.( As we are swing trader). if you traders want other comformation you can take according to your setup. its not any financial advice .......(Take your own RISK)......THANK YOU.Longby TrendF0llowing7
Potential bullish rise?Bitcoin (BTC/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the overlap resistance. Pivot: 65,972,81 1st Support: 64,589.11 1st Resistance: 70,123.94 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets7
SHORT BITCOINBitcoin is still bullish and in an uptrend channel but is currently correcting with a possible next target to the lower channel at level 58-60k.Shortby WaelHazUpdated 7
Falling towards overlap support, could it bounce?BTC/USD is falling towards a support level which is an overlap support that aligns with the 78.6% Fibonacci projection and could bounce from this level to our take profit. Entry: 65,131.25 Why we like it: There is an overlap support level which aligns with the 78.6% Fibonacci projection. Stop loss: 63,176.36 Why we like it: There is a pullback support level that lines up with the 161.8% Fibonacci extension. Take profit: 68,593.43 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Longby VantageMarkets6
Bearish breakout?BTC/USD has broken out of thee support level which is an overlap support an could fall to our take profit. Entry: 65,131.25 Why we like it: There is an overlap support level. Stop loss: 67,294.57 Why we like it: There is an overlap resistance level. Take profit: 63,099.45 Why we like it: There is a pullback support level which lines up with the 161.8% Fibonacci extension. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets6
BITCOIN BULLS ARE BACK !Referencing my chart, its imperative for bitcoin to make new highs. 75000 is the next price for TP. The price has the answersLong05:42by VISIONARYFOREX6
BTC FRACTAL - 20% Correction PossibleLet's do a quick recap on Bitcoin. I rediscovered a fractal from a post I made a few months ago, which compared BTC price action to NVDA price action after making an ATH. Currently, there is another Bitcoin fractal based on the M-Pattern and we take a deep dive into how far this correction could go. I'm labelling this post as "short" simply for the lack of better options. I do believe the price will correct lower, but I wouldn't take a leveraged trade so close to the a new ATH. Link to the earlier comparison with Nvidia: ___________________________ COINBASE:BTCUSD BINANCE:BTCUSDT Short06:18by CryptoCheck-8
Current Bitcoin SituationBitcoin has a massive bearish structure within this three month consolidation range. This structures targets are 60k and 57k, however if 60k were to be broken we'd be confident in far lower prices than 57k. Having said that, there is hope. Bitcoin can reverse at the 50% retracement level - $64,300 - to complete a bullish 5-0 pattern. In this scenario it would also hold the last support before 60k and pivot to all time highs. To play the bullish 5-0 you will need to monitor price action carefully and wait for some signal candles around this support. We are longing this and have already started building a position in the zone. Why is our current bias long? - Have to take a shot now as this is one of the last defences for Bitcoin to remain mid term bullish. - Volume buying at this level seems to be good so far. - Mining companies are performing very well and the bullish structures are playing out. They led the way last time. - Alts are getting absolutely destroyed, they will need to bounce and cool off soon, BTC pumping will do that. Why are we cautious - Total 2 & 3 technical structures are broken, we are definitely mid term bearish on those as there is no argument for higher prices, for now. - Indicators are not showing any bullish divergence or signs of reversing. - We are bearish on most alts and the market as a whole. Overall Takeaway We are going to long bitcoin around this level looking for the 5-0 and support to hold, if it doesn't we expect 60k to be hit pretty quickly. 60k is the last line of defence before another steeper drop and a massive break of structure that could result in a mid term bear market - which the alts are in already. Longby SynergyTradingSetups6
BITCOIN Retesting the 1D MA50. Is it alarming?Bitcoin (BTCUSD) has been practically consolidating since the May 21 High and the recent pull-back of the past 5 days is starting to inflict a certain degree of fear in the market again. So far the effect is only on the short-term as yesterday, the 1D MA50 (blue trend-line) was tested (first time since May 17) and held. This is something we have seen before on February 06 2024 and October 14 2023. All 1D MA50 re-testings have taken place after the price broke below the 1D MA50 (blue arc) and formed the bottom of the Bearish Leg. The pattern can be easily classified into phases, with BTC trading within the Mayer Multiple Bands (MMB) Mean and the MMB 2SD below. A Channel Up follows after each 1D MA50 test that approaches the MMB. The only parameter that's left to confirm the start of this (blue) Channel Up that will test the MMB is the 1W RSI to break above its MA level (yellow trend-line). As you can see 100k following that, is a rather conservative technical Target within this pattern. Do you think that critical psychological level will get hit following this pattern? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot48
BITCOIN Keep this scenario at the back of your mind.Bitcoin (BTCUSD) requires at all times that we are openminded to all possibilities and not just one. This suggests that we need to be prepared for scenarios that often go against the trend, the majority of opinions and momentum (whether euphoric or panic). Along those lines, we present you today a medium-term pattern that is possible and even though it doesn't contradict the long-term trend (which is bullish), it does go against the short-term general market euphoria of recent days. As you can see, within the dominant Channel Up since December 2022, BTC had its first major 'correction' through a Rectangle, which has basically been an accumulation pattern. The price found Support, formed a bottom and start rising again after it broke below the MA50 (blue trend-line) and just before it tested the MA100 (green trend-line). If we experience the same kind of accumulation again, then BTC is currently on a 'hammer' rejection level similar to July 12 2023. Even the RSI patterns among the two fractals are similar. This indicates that the Buy Zone will be within the MA50 and the bottom of the (green) Rectangle. But what do you think? Will this 'unpopular opinion' be materialized? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot131378
BTCUSD SHORT IDEAOn my analysis, Bitcoin will go down to my target. Trade at your own risk!Shortby jayforex0724Updated 5
Trade Heres a trade ive entered leveraged smaller set up possible to add here or join in ?? Just sharing my trade here... NFA DYOR alaways GL Longby Joe9TUpdated 5
Potential bullish rise?Bitcoin (BTC/USD is reacting off the pivot which has been identified as an overlap support and could rise to the 1st resistance. Pivot: 64,489.09 1st Support: 63,265.51 1st Resistance: 67,011.40 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets5
BTCUSD Expected Growth! BUY! My dear subscribers, BTCUSD looks like it will make a good move, and here are the details: The market is trading on 66531 pivot level. Bias - Bullish My Stop Loss - 65082 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBullish continuation. Target - 68737 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK Longby AnabelSignals116
Bitcoin: Back To 64K Again?Bitcoin has rejected the 70k to 72K resistance area AGAIN. This failed breakout may lead to a retest of the 64K to 66K support zone in the coming week. IF 64K is compromised, it will imply that the current minor impulse structure is not valid and reinforces the argument that price is likely to consolidate further. This scenario opens the possibilities of testing 60K and 56K in the coming weeks. The arrow on my chart points to the 64,500 area where waves (i) and (iv) can potentially overlap. This is key to maintaining the impulse structure and short term bullish expectations. IF this area continues to hold, it implies wave (iv) is still in play and a bullish leg higher is within reason. For this reason, the 64K to 66K area is an ideal location to anticipate bullish setups on smaller time frames. The confirmation is the key to capitalizing effectively and this is where my Trade Scanner Pro shines and what I demonstrate during my streams. IF wave (v) follows, the 73K resistance is likely to be tested and favored to break. This level still represents a place reduce risk (take profits) and look for low expectation short setups. A strong break should see price close in the 74K area at LEAST. Keep in mind "probability" means there is still a chance price can fail. A favorable pattern on a chart does NOT guarantee certainty. Knowing your levels in advance and evaluating them within the scope of a relevant trend is a key component to success in this game. Being able to adjust to new information will serve you better than clinging to an opinion, no matter how logical it may be. The collective perception of market participants is what determines the value of an asset or price. This "perceived value" is constantly changing as new information reaches the market. Having an opinion, especially a "logical" one offered by an expert is ineffective because it typically operates under the assumption that nothing material will change. This is why NO ONE was able to forecast the infamous pullback to 15K. Remember that? By utilizing a LESS IS MORE framework, I am able to anticipate short term movements but MORE importantly evaluate them in terms of RISK. If you see my articles written over previous weeks my anticipated scenarios (illustrated on the chart) have been inline with the actual outcome. These forecasts are a result of ONLY 2 components: Relevant TREND, SUPPORT/RESISTANCE level, NOTHING more. I don't aim to be right, I aim to contain RISK. Markets are MOSTLY RANDOM, which means to successfully navigate, the focus should be on what we can control. How you manage risk will shape your entire decision making process, techniques and strategies you choose to employ. By filtering out most information and purely focusing on the limited information that carries any relevance at all I am able to gain an actionable point of reference. From there it is totally up to the market to show its hand. Managing risk is about ADJUSTING to new information while following a set of rules to keep losses and expectations proportional to ones account. Thank you for considering my analysis and perspective. by MarcPMarkets99106
BTCUSD SELLHere we go again another night trade, lets see what happens in for a buyLongby Billionairegroup_co6
Update: I wasn't bearish enough on $BTC, $48-$52k coming soonTurns out after analyzing the chart again, I wasn't bearish enough on BTC. In my last idea , I thought we would move down to $57k, while I still think that's likely, I wasn't bearish enough because I think the risk is actually to GETTEX:48K -52k (which I don't think anyone is expecting, especially here). Everyone calling for $72k to break which creates a short squeeze higher, but I don't think anyone is expecting a fall below the May low... If you look at price action, it's very similar to the top that formed around May of 2021. The week that sent price from $60k back to $33k. Then we went on to form one more high in November for the final top. While I don't think the exact same thing will happen, I do think something similar is going to happen. I think we'll see price move down to the GETTEX:48K -52k support which still hasn't been retested. After that, the possibility opens up to go to the upper resistance levels. I think the move is likely to happen in the next two weeks - four weeks. Tighten stops if you're long and watch price action closely, because if the move happens, it's not going to give you a chance to get out. Alts will get slaughtered. Shortby benjihyamUpdated 15