Smart Money UPDATED NEW TRENDLINEFound a newly updated green smart money trendline. I've retraced it. BTC shows some major BULL RUNS on its way. 3hour time frame and below show a trend power machine taking place soon. Longby The_ForexX_MindsetUpdated 25257
SMART MONEY PLOT TRENDLINES Duplicate idea from original idea with SMART MONEY TRENDLINES. This is also a new short position double top but on a 1HR TF. Reads differently from other 5min double top idea called “be on the look out possibility”. The red trendlines are the original smart money trendlines from original idea, the green one is the most updated one which smart money has formed into a Regression Trend. Now you see they visit their PLOTS. They touched their trend line but at a later time which was at a higher value than the $69,890Longby The_ForexX_MindsetUpdated 669
BTCUSD: High chance to see 75k+ soon. Here's why!Please see previous btc ideas for more context ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!Longby Yelli_tradesUpdated 447
REVERSAL with BODY FACTS BTC Reversal signaling ready. Smart money green trendline pointing up; all I did was retrace it. White trendline pointing out to both bottom wicks equals uptrend which the body candles are also pointing out the facts. Longby The_ForexX_MindsetUpdated 776
HIDDEN BULLISH DIVERGENCE Hear are the FACTS from this BULL FLAG RSI showing hence of weakness however what you see happening, when we pair the price action and when we pair the RSI together, we get divergence. This is specifically HIDDEN DIVERGENCE. Hidden divergence is coming from a LOW to a LOWER LOW and price; a LOW to a HIGHER LOW in price. This is HIDDEN DIVERGENCE. This is nothing to play with, this has power. We see opposites happening in price with RSI explaining the hidden divergence. Here’s our warning. Is this BULLISH or BEARISH? Let’s unveil it. This is called HIDDEN BULLISH DIVERGENCE. The only way we are going to have FWB:73K again is to see Stochastic RSI CROSS on the weekly chart and what do we have now; we have stochastic RSI already crossing on the weekly chart. We are also holding key structure on the RSI. BITCOIN has to maintain the RALLY that’s happening before our eyes. We are in the beginning of our RALLY. This RALLY has to continue and the price has to move above $73k. We need to get RSI above 88. If we get all this to happen, we then have a healthy continuation BULLISH BULL RUN. If we don’t reach FWB:73K , if STOCHASTIC CROSSES BACK to BEARISH, and if BTC does not reach RSI 88 then we have a FAILED RALLY. Longby The_ForexX_MindsetUpdated 4420
Bitcoin 2020 vs 2024Hello, me dear-dear friends! Today, I have prepared a comparison chart of Bitcoin's price formation in 2020 and 2024 for You. We can see a very interesting pattern on the chart! Specifically, after forming a triangle, the price broke upwards and then halted its ascent, starting to accumulate right at the support level. That's an excellent signal, in my opinion.🚀 In the near future, we might see either reduced volatility in the market or a sharp upward surge, depending on market sentiment!🤞 Yesterday's chart is also useful, and I highly recommend You check it out :) Thanks for Your attention and interest in my work🫶 Sincerely Yours, Kateryna Longby RocketBomb1131
VOLUME and PRICE ACTION confirmed Double bottom target at $76k zone. Triangle in breakout process. Risk Ratio set at 2%. Smart Money Contraction has been at work by keep the trend within the value line. Longby The_ForexX_MindsetUpdated 998
Bitcoin is full of surprisesThe situation is bad, very bad, and Bitcoin has no chance of escaping a major crash. Everything wants to fall. We all already see how terrible the us500 is today and it continues to decline as well. A disaster awaits us. We will probably die out because of this and the world will be taken over by monkeys and elephants and other animals. Worried MoralDiscipleby MoralDiscipleUpdated 16168
Bitcoin is NVDA Charts looking very similar this year, reclaim of previous ATH, consolidation above and pump. I think #BTC will deliver something of the same We can go so much higher Lets all BULLIEVELongby GerardWalker441
#BTC/USD Forecasts Suggest a Rally to $85,000 in Q3!📊 BTC/USDT Technical Analysis by Cryptorphic 📊 As of June 3, 2024, BTC/USDT is showing promising signs of a potential breakout. The price action is currently testing the upper boundary of the bullish flag in weekly, with significant support levels around $62000. 🔍 Key Levels: - Support: $62,959.01 - Resistance: $69,001.80 (Current Price) The 200 EMA has acted as strong support, with the price bouncing off the highlighted support zone multiple times. The recent bullish momentum suggests a breakout could be imminent. 🟢 Bullish Scenario: - A breakout above the current resistance of around $69,000 could propel BTC towards the next psychological level of $72,000 and beyond. According to Fibonacci extension levels, BTC could reach approximately $86,700 within the next 6-8 weeks. 🔴 Bearish Scenario: - Failure to break above the resistance may lead to a retest of the $62,959.01 support level. Stay tuned for more updates and trade wisely! 📈 Please hit the like button if you like my charts. Thank you #PEACE Longby Cryptorphic2225
Differences between paper trading & real money tradingMost people (including me sometimes) lack the right mindset, patience, and planning when it comes to trading. There is no magic technical indicators in trading, it all comes down to simple tools, just like my paper trading journey outlined in this BTCUSD chart. In the chart, I observed that: BTC was no longer trending as its price was ranging for nearly 50 days after the ATH; BTC momentum was weakening as it broke previous two horizontal support areas; Price came to the potential 120 EMA / trendline / downward channel support clusters. Since most of the time, asset price is ranging rather than trending, all we need to do is plot out the Fib levels in our chart and buy at support sell at resistance. You can see my major trades outlined in the chart. I did the same for other crypto symbols ETH & SOL at the same time. However, when it comes to real money trading, I would trade slightly differently. The mentality in paper trading is more aggressive. Usually in real money trading, when major support areas are broken, I would not fade a trend and try to catch the falling knife even you know there is potential support. What I'll most likely do is to wait for price breaks above the descending trendline (shows the strength) and look for opportunities in a potential 1-2-3 or 2B reversal pattern. In real money trading, I try to follow the trend most of the time (price stands above all the moving average) But in paper trading, you have to be the minority in the market to stand out from the competition, which usually means go against the market. Even though we know this looks like a fib range trading scenario, it's better to enter your fading trade after a lower high or higher low is created. In reality, make full use of the capital all the time is not recommended, especially when you about to trade against the current trend. Always try a small position first when doing so and build up your position along the way. However, in this competition, the forex pair EURUSD and SPX500 have low volatility, we have to trade maximum allowed quantity of each symbol in the hope of increasing account profits. Lastly, do not overtrade, which makes sense for both paper and real money trading. It's easier to do so in paper trading as people would worry much less about the profits/losses they have made. All in all, I'm just lucky enough to get the 2nd place in this competition, always respect the market and the market is always right.Editors' picksEducationby Hakukuro3323
BITCOIN Massive liquidity signal triggered.Bitcoin (BTCUSD) is starting the final and most aggressive part of the current Bull Cycle: the Parabolic Rally. The latest and perhaps the strongest signal to confirm that comes from the well known liquidity combo indicators that we have developed these past few years. The Global bonds yields pool (blue trend-line) is reversing upwards again, the first time it does so this year, while the Dominant circulating liquidity + High Yield corporate bonds indicator (black trend-line) is also reversing upwards after seemingly hitting a bottom similar to April 2020, October 2016 and July 2012. The trigger signal is given by the Stoch RSI (2M time-frame), which just broke above the overbought 80.00 barrier. Every time it has done so historically, it has coincided with a massive bullish reversal on those Liquidity Indicators (LI) and Bitcoin made a Cycle top within 12 - 13 months later. As a result, we are expecting BTC to peak a year from now, around May 2025. Brace yourself for a wild ride ahead! But what do you think? Is liquidity about to kick in and cause a massive rally? 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 TradingShot111185
Nothing !!Hello. BITSTAMP:BTCUSD The situation you see seems that Bitcoin has completed its fourth downward wave and now it is time to break the ascending triangle and complete its 5th wave. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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 CobraVanguard54
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 TradingShot3316
BTC Fails to beat ATH- 73K ZoneFor the last couple of days to weeks bitcoin has failed to make a significant move above 73-74k zone. there has been a consolidation happening around 68k-70k zone and I think the pair has to retreat first to pick some momentum before it can burst the previous highs. Area of focus remains to be 60k, lowest 58k. Lets me know what you think Shortby alonso780776
Bitcoin short below $73k resistanceThis pair failed to beat the previous resistance between $72k to $74k and now it will have to turn south to find some momentum. If BITSTAMP:BTCUSD falls as predicted then the 1st line of defense will be at $63k then #60k and finally 58k Always do your analysis before placing and trades and use a hardstop loss in all your trading activities Shortby alonso780225
Bitcoin market cycle level.I expect a major correction at the current market level before we go on a parabolic run.Shortby CHILL_TRADER99115
NEVER TRADE without ATRATR shows a good space to move up. My external source reads up. There’s an impulse which shows moving up and down but keeps aiming up. Please be aware of any sudden movements. Longby The_ForexX_Mindset445
BTC - can't believe I'm saying it but - think we get 10-20% UP I 'm looking at the potential "false break" of the uptrend channel (and triangle pattern) on the 4H chart which would be typical market shenanigans for a Friday afternoon.... If I'm right then BTC is going to rally directly from here. You can but 67000 with a stop 65000 and target 75000+ for a 4/1 reward/risk coming days/weeksLongby WVS_Stockscreen223
BTCUSD is clearing its way for bullish to reach $73000.00.BTCUSD is clearing its way for bullish to reach $73000.00. BITSTAMP:BTCUSD BTCUSD is expected to reach $73000.00 as per the technical analysis for BTCUSD Futures Contract (May 2024) and Bitcoin (BITSTAMP:BTCUSD) as of May 1, 2024. The analysis uses indicators such as Moving Averages, Oscillators, and Pivots. Key indicators include Relative Strength Index (RSI), Stochastic %K, Commodity Channel Index (CCI), Average Directional Index (ADX), Awesome Oscillator, Momentum, MACD Level, Stochastic RSI Fast, Williams Percent Range, Bull Bear Power, and Ultimate Oscillator. Moving Averages are not specified, and the information provided is not personalized investment advice. It is recommended to conduct research and consider risk tolerance before making any trading decisions. BITSTAMP:BTCUSD BITSTAMP:BTCUSD LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.by Ali_ExplorerUpdated 5517
BTC continues to rise after retreatingFrom the 2-hour chart, BTC has been fluctuating in the range of 63340-70660 in the past two weeks, which is also the reason for the recent sharp rise and fall in prices, because the market has no clear direction. The price just broke through the 70660 resistance level, and the highest point reached around 71000. The upward trend will continue in the short term, but the price may fall sharply next. The best trading strategy is to wait for the price to fall back to the lower resistance range and buy. Trading suggestion: Buy when the price falls back to the 69500-69900 range, with a target of 71000-71500 The above suggestions are for reference only, and I will update the market analysis in my guidance group at any timeLongby q4yrf4Updated 332
Another cup n handleCup n handle this time on BTC/USD pair. Is bullrun incoming ? Stay safe ! Only use money you own !Longby Jycocorien112
BTCUSD Short (Sell Stop) Enty : 67587 TP : 61675 (5912 pts) SL : 69065 (1478 pts) TF : 4H RR : 1:4 Estimate PnL : | Lot | Max TP| Max SL |0.01| $59.12 | -$14.78 |0.02|$118.24| -$29.56 |0.03|$177.36| -$44.34 |0.04|$236.48| -$59.12 |0.05|$295.60| -$73.90 Expire : June, 08th 2024 (15:00 GMT+7) Warning : This analysis is not trading advice. Always do your own research and manage your financial risk.Shortby TradingSafe_FXUpdated 551