BTC analysisBTC retracement trade. I'm entering a short position and aiming to hit recent support on the downside which is marked on the chart. Trade is invalidated if we break upwards the trendline.Shortby TheSuccessfulOneUpdated 2
Pulse of an Asset via Fibonacci: BTC at A.T.H. Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several. Part of my ongoing series to collect examples of my Methodology: (click links below) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place <= Current Example Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.Educationby EuroMotifUpdated 22
The key to understanding movements🔐Hello, traders and investors!🫶 I'm glad to welcome You to my page! Today I wanna share with You a possible key to understanding Bitcoin's movements. In the world of finance, there are often questions about why asset prices behave the way they do. Some seem chaotic and unpredictable, but there is always a certain logic behind them, the main thing is to want to see it. And that's what we'll do together now.😊 Let's take a look at the weekly Bitcoin chart👀 Every trader can see something of their own. The most striking thing is the ascending trendline under which triangles are depicted. Each triangle is a cycle. In it, I discovered an interesting pattern, that I want to share with You. I have highlighted the pattern on a white background on the left side of the chart.📊 Even before the formation of the triangle, the price forms an accumulation zone (orange 🟠 color), then goes through a distribution phase (red 🔴 color), then there is a 100% growth 🟢, after which the price corrects by 30%, and then comes the final phase - parabolic growth. This is where the bull market ends. Then comes the bear time, and the price forms a descending triangle trend for several years. In addition to what I have depicted on the chart, it is important to consider such factors as: ▪️ Fundamental analysis: Understanding economic, political, and social factors influencing the market helps predict its movement. This may include data on interest rates, inflation, unemployment, geopolitical conflicts, and other events. ▪️ Technical analysis: Analyzing charts and statistical data helps identify patterns and trends in price behavior. This includes using various indicators, chart patterns, and support and resistance levels. ▪️ Market sentiment: Understanding the moods and emotions of traders also plays an important role. Market sentiment can be optimistic, pessimistic, or neutral, and this affects trading decisions. ▪️ Manipulations: Sometimes prices may be subject to manipulations by large players or institutional investors. Understanding their strategies and tactics can help determine possible price directions. Understanding the key factors that determine market movements is an important tool for successful trading. Whether you are a novice or an experienced trader, continuous learning and analysis will help improve your results. And remember, the market is always full of opportunities if you can recognize them. Happy trading! Sincerely yours, Kateryna Longby RocketBombUpdated 101052
Fib Retracement questions smart money SPOOFING!Fib Retracement with an interesting smart money contraction. Trend line points parallel upwards to wear the smart money contraction, horizontal red dotted line. If there’s a breakout then the 2MO TF BEARS loose. Stoch RSI will confirm it by bull trend must cross the bear trend making a curve to the upside. No price range, not possible. If there’s spoofing manipulation happening, knowing where the trending ends is difficult to understand. Best I can go by is knowing when smart money buys and sells. NO BUY has been confirmed. Enough BULLS RUNS have been confirmed, it’s a matter of time. Longby The_ForexX_MindsetUpdated 303033
BTCUSD Channel on the 4HDespite the recent push upwards, we are still very much in a downward channel. Just look how perfectly the prices align to it and how quickly a break to the downside was bought up. I dont see we are out of the woods yet in the long term unless this channel gets broken to the upside and price stays clear of reentering. I myself would try to enter longs on the bottom line and scale in the further we go up, take some profit before the upper line ..wait and see. The same goes for short plays - go short around the upper line, scale in and take some profit before hitting the lower line. This is the 4H so these are long term trades. Good hunting. by MaPaCUpdated 112
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 24, 2024Technical Analysis and Outlook: Bitcoin has broken through our Mean Resistance at 66900, completed our Inner Coin Rally at 69800, and then pulled back to the trading zone. The target for an upward movement is now set at the newly established Mean Resistance at 71500 and the aged Key Resistance at 73200. On the downside, we are looking at the newly established Mean Support at 67100 and a possible extension to Mean Support at 65000.by TradeSelecter3
Bitcoin Upward WavesSince the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There are two possible areas for the current Bitcoin't correction wave. The first is the purple triangle, and the second is the orange one. The only difference between these two areas is that if the Bitcoin reaches the orange triangle, the major ascending channel will be invalidated, since Bitcoin has breached the channel's bottom. Let's see what happens.by SaeedSalehiniaUpdated 4422
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Hi. BITSTAMP:BTCUSD ✅Today, I want to analyze BTC for you in a 12H time frame so that we can have a MID-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, BTC has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves . ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Starting 5th waves. 🟢 Bullish Divergence 🟢Falling Wedge ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguardUpdated 3357
Bitcoin Macro Parabolic Continuation?If continuation, the steepness of the parabola implies a large move...$85k at a minimum. If the parabola breaks, distribution targets (~50% correction) are on the table.by NgUTech2
BTCUSD(Elliott Wave)Hello friends Today, I have prepared an analysis with a high and short-term success rate for you. In Bitcoin currency, we have a 5-wave pattern with waves 1, 2, 3 and 4 completed. Bitcoin is definitely completing the 5th wave, so BUY Order is definitely recommended. Don't forget the stop loss at $69,000. The resistance target is $73,200. To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.Longby M_Gheysvandi3
Bitcoin bull flag Bitcoin bull flag on the 3 day chart is a possibility? A bull flag is a bullish chart pattern formed by two rallies separated by a brief consolidating retracement period. The flagpole forms on an almost vertical price spike as sellers get blindsided from the buyers, then a pullback that has parallel upper and lower trendlines, which form the flag. This pattern is reliable, consistent, and common. A bull flag fails or is invalidated once it breaks the low of the breakout candle. That would be 55k in this BTC 3 day chart. long = 61k stop = 55k profit = 75kLongby Options360Updated 449
Bitcoin (BTC): Will We See Soon $74K or $60K?We are back with Bitcoin this time on a daily timeframe, where we see that the price is not showing any remorse toward the current resistance zone and is still trying to push and break it. As we are seeing some attempts to break that zone, we are also looking here for two possible scenarios. Overall, the gameplan has not changed, as our final target is still that lower zone of $50K (after we secure $60K). It is just a matter of time.... But what we see is a potential re-test of the ATH zone if we somehow break the current resistance. If we see a fakeout near the current market price, then we will be looking for a potential start to a correction. Swallow Team Shortby SwallowPremiumUpdated 5
BTC Gaining Momentum💥Hey guys, Keep an Eye on the Inverted Head and Shoulders Pattern!💥 It's time to stay vigilant as Bitcoin gains momentum. The inverted head and shoulders pattern remains in play, signaling potential bullish movement ahead. If Bitcoin manages to break through the crucial 65,650 level, it could serve as a significant signal for the bullish trend, indicating a possible victory over the bearish trend. We can see 70 000 - 71 000 soon! Don't forget to keep an eye on this fractal for potential insights into market behavior. 👇 Stay tuned for more updates and analysis! Always Yours, Kateryna💙💛Longby RocketBombUpdated 3319
Simple Bitcoin analysis (Long Term) Higher no matter what?Let's keep things simple on a daily since the chart patterns seem to make the most sense here. As you can see when Bitcoin formed a double top on the daily it was all downhill from there. Now it is forming a cup and handle pattern on the daily time frame - So it will most likely just be massively up from here. Don't say I didn't warn you that the TA should be kept simple when trying to guess long-term moving averages. Pay attention to the support line I drew. BTC will never go below this line. If it does I will delete my account.Longby JasonValiceUpdated 557
BTC daily update Hello everyone Maybe I should have waited and see what will happen but I really want to give you all of my ideas. BTC is in wave 4 (The worst corrective pattern) and so we should wait to get a reliable confirmation to get in. This idea is not very strong but just keep it in mind. One of my annoying problems is that Altcoins do not have much more chance to correct deepper and they need a trigger to start their Rally or we will see an unpredicted bearish market for them. Everything is possible in the market, it is the most important lesson I have learned during these years. Thanks by AMA_FXUpdated 224
BTCUSDPair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Head and Shoulder RSI - Divergence Completed " 12345 " Impulsive Waves Break of Structure S / R Levelby ForexDetective6
Bullish Flag continuation pattern in BTCUSDA bullish flag continuation pattern is observed in BTCUSD in 4-hour timeframe. The current trend is bullish and there is no noticeable divergence as well. This can be a good point to take long position and the bullish trend is expected to continue till the projection of the flag pole as highlighted in the chart.Longby wakqas122
bitcoin is bullish The Bitcoin market has been very positive in the early hours on Wednesday, as the market continues to pay close attention to the crucial $60,000 level underneath. Ultimately, this market looks as if it is trying to build a case for higher levels. That rounding bottom of course, could be indicative of traders trying to buy into every short term pullback. That gives us an opportunity to pick up Bitcoin on the cheap. I also recognize that we had shot straight up in the air for so long that it’s probably worth noting that we, for the most part, need some type of consolidation.Longby MtICHIUpdated 3
up to 78 ,WOW !!!In the next month or two, the price can move up to 78000 ... by crypto_mastermindUpdated 2
🟣 Channel Trading Strategy 🟣 Hello, friends! 👋🏻Today I'll wanna share with You my knowledge about channel trading strategy. ❗️ Channel Trading Strategy ❗️ is a classic form of trading in both crypto and other markets. This is a trend trading strategy , so accuracy and safety are very high. Today, I will present all of you about the Channel pattern and how to trade with it in the most complete and detailed way. ❓ What is a Channel Pattern? ❓ The Channel pattern is a development of price following the trend which consists of two parallel support and resistance levels. Prices will fluctuate and create trends along the corridor created by these two levels. ⚡️This pattern ends when the price breaks out of either the resistance or support and creates a new trend . The breakout direction is often in the opposite direction to the direction of the pattern.👇 Two Common Types of Channel Patterns With two parallel and horizontal resistance and support levels, this is a rectangular price pattern. Channel Up or Ascending Channel This Channel pattern type has two parallel and upward levels of Resistance and Support . The breakout of this pattern will usually be at the support. After the breakout, the price will reverse down. In some cases, the price may retest this support. Channel Down or Descending Channel In contrast to the Channel Up pattern, we have the Channel Down pattern with two parallel and downward levels of resistance and support. After creating this pattern, the price usually breaks out upwards (resistance breakout) and goes up. It is possible for a strong uptrend to appear after this breakout. Trade Effectively with the Channel Pattern There are two types of trading using the Channel pattern: trading within the price channel and trading as per the breakout of the pattern. 💡With this type of trading, You should remember clearly: In a Channel Up, only open UP orders. Conversely, in Channel Down, you can only open DOWN orders. How to Open an Order? 🔺 For a Channel Up: 🔺 Entry Point: When the price hits the support of the price channel. Stop-Loss: At the previous position where the price touched the support. Take-Profit: When the price hits the resistance. If the previous order wins, the stop-loss of the following order will be the entry point of the previous order. 🔻 For a Channel Down: 🔻 Entry Point: When the price hits the resistance. Stop-Loss: At the previous position where the price touched the resistance. Take-Profit: When the price hits the support. Trade After the Breakout The trading strategy is based on the breakout point of the price channel. This is a very good signal of a trend reversal. You open an order as follows. 🔺 For a Channel Up: 🔺 Entry Point: When the candlestick breaks out of the support. Stop-Loss: At the previous position where the price touched the resistance. Take-Profit: When price re-touches the support levels it creates within the pattern. 🔻 For a Channel Down: 🔻 Entry Point: When the candlestick breaks out of the resistance. Stop-Loss: At the previous position where the price touched the support. Take-Profit: When price re-touches the resistance level it creates within the pattern. The article is a bit long. However, I have covered everything I know when trading with price channels. Thank you for reading. Do you have any tips for trading with price channels? Please help me improve myself. Subscribe to stay updated!🫶 Thanks for Your attention💋 Sincerely yours, Kateryna💙💛 Educationby RocketBombUpdated 1127
BTC/USD has a strong bullish momentum, could it rise further?Price is falling towards a support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 67,458.88 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 65,117.28 Why we like it: There is an overlap support level that is slightly above the 61.8% Fibonacci retracement. Take profit: 72,103.21 Why we like it: There is a pullback resistance level 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 VantageMarkets9