BTCUSD IDEA BTCUSD in a Downward Trend when observing the Chart. We can enter to a trade on Downward Trendline. If it break we can enter to a long. if trend cant break the resistance short tradeby isH_Trading114
LongWait for pullback to orange lines then buy this pair and take profits at yellow lines in top @300 fib level How 🤔 ever if price breaks thru orange lines wait for pullback to those same orange lines and sell 🤔 back down to the last floorLongby SETITAND4GETIT0
BTCUSD H1 SNR LEVEL“You can take trades by seeing breakouts or pullbacks from the support and resistance levels shown on the chart.” Support and resistance levels are fundamental concepts in technical analysis used to identify potential turning points on a price chart. Here’s a brief explanation: Support: This is a level where the price tends to stop falling and bounces back up. It represents a concentration of demand, indicating that buyers are willing to purchase at this price, preventing further decline. Resistance: This is a level where the price typically stops rising and starts to fall again. It signifies a concentration of supply, suggesting that sellers are ready to sell at this price, halting further price increases. Both support and resistance levels can be identified using trendlines, moving averages, and by observing historical price action where the market has turned previously. They are not exact numbers but rather ‘zones’ where the price is likely to react. When these levels are breached, they can ‘reverse roles’—former support may become resistance, and vice versa. Understanding these levels can help traders make informed decisions about entry and exit points, stop-loss placements, and identifying potential market reversals. Remember, these levels are more like guidelines and should be used in conjunction with other analysis methods for the best results. 📈📉 by DCBFOREXTRADING1
BTC going going full and Final wave 5 of corrective pattern Its a Triple 3 and next stop is 52K for full and final Wave 5 followed by real long Bear Market. Lets see what world will witness after 5th Ends in next like few years.Shortby saajaz0
A new All Time High is coming, but not yet (revised chart) Sorry, here is the shot of the chart that was left out!Shortby searchandestroy1
Upcoming BTC downwards movmentIt would appear BTC is in a downwards channel, and we are at ideal shorting point in that channel. In the shorter time frame, we can identify a bearish flag. By drawing trendlines, we can identify the risk area. As long as the channel continues, we have a good opportunity to short. This is only an idea and nothing more, trade at your own risk. This is not financial advice.Shortby TwistedHWAY2
A new All Time High is coming, but not yet! Short in the near t.Anticipation and greed have not only slowed but are in reverse. Transactions are slowing on the network, this will strain miners financially, resulting in more negative news to continue the price drop. Whales and experienced crypto traders know this and are waiting in the deep to, once again, buy the dip. It only makes sense that a FIB retrace of 61.8% will occur. Once this level of Retracement is achieved, whales will scoop up Bitcoin like plankton. The result-a new all time high right around 90,000!!! Shortby searchandestroy0
BTCUSD to drop downThe confirmation has confirmed the downtrend to 36389.46 from 63200.00Shortby SMR_Analytics0
STOCHASTIC RSI is heading below the 80 level 📉BTCs monthly STOCHASTIC RSI is heading below the 80 level 📉 And it must hold this level for BTC to continue bullish structure. Will it hold? 🧐 Shortby JK_Market_Recap1
Bitcoin potential 85K trackIn late 2020, after the halving, Bitcoin experienced a significant pullback to around $19K-$16K, which at the time was near its previous all-time high set in late 2017. This level acted as a strong psychological and technical support area. The rebound from this level marked the beginning of a major bull run that lasted through 2021, with prices eventually soaring above $60K. Current Analysis Now it seems Bitcoin has recently tested a significant support level, similar to the scenario in 2020. Nevertheless, there are additional factors to consider: Halving Impact: The recent Bitcoin halving, typically reducing the reward for mining new blocks by half, tends to have a deflationary effect on the supply of Bitcoin. Historically, halvings have been precursors to bullish periods due to the reduced rate at which new bitcoins are generated, leading to potential supply shortages as demand remains steady or increases. Increased Block Time and Miner Incentives: There is an indication of increasing block times and a subsequent squeeze in blockchain capacity. This condition may lead to higher transaction fees, benefiting miners directly. It also implies a tightening supply, which, combined with steady or growing demand (particularly from ETFs), could push prices higher. Technical Indicators: There are potential bullish patterns and technical setups. For example, support holding at key levels suggests strong buying interest. Furthermore, indicators such as moving averages, RSI, and volume are trending upwards.. and key oscillators show oversold conditions, these could be bullish signals. Short-term View Given the similarities to the 2020 scenario with a post-halving context and technical patterns suggesting support at critical levels, there might be a bullish outlook for Bitcoin in the short term. However, the crypto market's notorious volatility, influenced by broader economic conditions, regulatory news, and market sentiment, requires constant vigilance. In conclusion, if historical patterns post-halving and technical indicators are anything to go by, Bitcoin could potentially be on the cusp of another significant bullish phase, assuming no adverse macroeconomic events disrupt market conditions. Nevertheless, as always in the crypto space, caution and continuous monitoring are advised.Longby Cryptovicci1
15 MINUTES TIME FRAME CHART BTCUSD 🌟Chart say; Market will go down in 5 minutes then market go up in 10 minutes target after 15 Mints then down only buy no sell today... Dragon ideas always confirmed..!Longby DragonTargets4
#BTC/USDT Bulls are not showing strength around the $61,000 sup#BTC/USDT Bulls are not showing strength around the $61,000 support zone, increasing the chances of a dump🐻 Averaging at $57,000 - $55,000 and below $55,000 could yield huge profits in near future📝by CryptoSkullSignal2
BTC DAILY ANALYSIS we have a displacement after taken sell side liquidity and retest FVG so we will see a expansion to taken liquidity buyside at 67319 - Tading is probability control your risk management. Good luck !Longby RedaSD3
Head and shoulders patterns Bitcoin price action shown the inverrse head and shoulders pattern Longby kishannishad973242
Bitcoin (BTC): Whats happening?Let's take a closer look at the Bitcoin chart, using a three-day timeframe. Here's the scenario we're observing: we've developed a significant bearish divergence. Additionally, Bitcoin is currently in a short but valid sideways phase, indicating an impending decision on direction—upward or downward break is expected in the coming weeks. Our analysis leans towards anticipating a Wave 4 correction. We suspect that it hasn't completed at the 23.6% level since, given the strong upward momentum previously observed. A deeper decline might be necessary before attempting to reach levels like $80,000, $85,000, or even $90,000. Nonetheless, we generally don't expect Bitcoin to surpass $100,000 in this cycle. Concerning potential downturns, if Bitcoin falls below the $49,500 mark (50% retracement level), we foresee possible support between $44,000 and $41,600, marking our worst-case scenario for this phase. The mega worst case would involve a drop to $31,000, which, while not impossible, is highly improbable under current conditions and thus unrealistic to expect. On the daily chart, the situation becomes a bit clearer after our previous analysis at $40,000. Since then, we've reached a new all-time high of $73,800 but have not regained our former strength, presenting the possibility that Wave (4) may have already concluded. There's also a chance that prices might dip again, and for this scenario, we plan to place a limit order at $55,236, corresponding to the 38.2% Fibonacci level, with a stop-loss just below the 50% level. If you're considering this setup purely for spot buys with a long-term hold strategy, you might opt to set another limit at the worst case scenario. We anticipate that the price should hold around $48,000. If it falls further, we'd consider secondary entries at around $40,000 and a third potential entry at $31,000. Depending on where the turnaround occurs, we expect the subsequent rise for Wave (5) and the overarching Wave I to reach between $78,000 and $88,000.Longby freeguy_by_wmcUpdated 224
BTCUSD Analysis (12th May 2024) Crypto Analysis (12th May 2024) BTCUSD Analysis On the 4 hour timeframe, price has swept the liquidity at 64724.63 level and proceeded to create a CHOCH to the downside. The market followed through by creating another BOS after rejecting a 4 hour OB. There are 2 scenarios i am looking at right now. 1) Price retraces into the FVG and creates a 15 minute CHOCH to continue the sells towards the 57000 Level. Its important to ensure the CHOCH that happens with a body candle close, for extra confirmation. 2) IF price breaks past the FVG and takes out the lower high created, we would have a bullish CHOCH. and i will be expecting a break and retest of the CHOCH level at 63511 level before looking for buys.Shortby CallistoFX1
BTC Price analysis, 12-May 2024 Context: As we know the Crypto market always follows the range analysis, the ranges I have drawn here is year-21 ranges. In this massive PA, the price has been failed the hold the ATH-69807, level & it has been rejected from that level. Now the price is situated in the first Quadrant of the ranges, So now its a million$ question will the price going to hold this level or not? Lets see applying the Algorithmic price action here. Monthly: In the Monthly Price we are getting support from a monthly Bullish FVG. But is the M-FVG holds then we will go to test the ATH again. But there are several levels in the M-FVG so we cant say that the price will be moving upward from here. If we got any Daily Bullish Price action from the monthly level then we will be assured that we age going to upwards. Monthly Bias: Confusion Weekly: In the weekly chart we are getting support in the W-FVG+, So if we have any H4 Bulish Reversal from this level then we can have confirmation that we are going upwards, Else we are bearish here. Weekly Bias: Confusion. Daily: Based on the Daily PA, the price has been rejected from the 69807.2 level, then it has been created D-MSS- creating a D-FVG-, again then price has been created D-MSS- on 30-apr-2024, and got support from the W&M FVG+, but is has been getting Rejection from the D-FVG-, so in the daily chart we are seeing that the bullish PDA has been rejected & the Bearish PDA has been respected. So as we are bearish & D-MSS has been formed, so daily level we are going down for sure, at least towards the last quadrant of M-FVG & O.5% f the FIB ot year 2021 Ranges. Because there are W-FVG+ & Range 0.5 level are waiting as a strong support. Daily Bias: Bearish. Shortby Trader_PKR1
Sell Idea for BTCUSDWe expect the Bitcoin price to drop to the lowest channel line. This is due to the descending channel, and the price is repeatedly failing to break above the upper side of the channel line.Shortby MA3TraderUpdated 7
From day 12 to day 7 of juneThis is my prediction based on what is most agreedable move in the Total cripto market and USDT.D (USDT DOMINANCE).Longby chemicalcesium0
BTC (Y24.P2.E1).ReaccumulationHi Traders, Yes its boring compared to previous volatility. and the weekly 20 EMA did its job. I believe this is a corrective wave rather than a distribution structure as it did not drop significantly after the neckline was taken out. Hence a liquidity grab at the 20 weekly ema (fake out). We have the main moving averages to use to gauge the reversal and we also have it as a complex corrective wave with the last part being a zigzag combination, as per chart below. We might just retest the weekly 20 ema before the reversal structure is made. If we get another failed auction structure, a rejection to the downside, we then can expect the price to break through the MAs and as per last time, use it as support and then up it goes. For now, we did not get above the MAs and for the conservative trader, wait for that confirmation. I have a long entry from the 58k range and I have a 2x shorts of lesser value to offset my fees if price was to take out my previous entry and stop losses. Hence this strategy helps ensure you take care of your entry fees or SL losses. Please give me a like and share, Regards, S.SAri if you missed a short entry, you might have this scalp entry opportunity Regular flat scenario Longby ssariUpdated 116
5.4.24 Recent Downtrend Meeting 3M Uptrend 5.4.24 Recent Downtrend Meeting 3M Uptrend HODL!Longby EnviroElkUpdated 4
BTC is on consolidation rangeBTC is on consolidation range: -Down channel consolidation. -ABCD pattern. -Demand zone. -Fibo retracement at 0.618 zone. . BTC is swinging down, preparing for taking off. Wait and see. . US STOCKS- WALL STREET DREAM (My fb Group)Longby phanvinhhai1
BTC Going Sidewaysfor awhileBITSTAMP:BTCUSD Has been following the predicted trend line since March 13, 2024. If it continues to follow the predicted trend, it will more or less continue sideways for quite some time.by FrozensoulUpdated 1