Bitcoin TP hitBTCUSD buy order hit TP with 120 pips 💖 Perfect analysis perfect time entered successfully 😀 Have a greate dayLongby DNA_Trader_Officials111
Correlation Between US CPI Data and BTC PriceCorrelation between US CPI data and Bitcoin price in the following period since Nov '23: 14 Nov '23: CPI -0.5% > BTC +22.59% 12 Dec '23: CPI -0.1% > BTC + 16.29% 11 Jan '24: CPI +0.3% > BTC -17.36% 13 Feb '24: CPI -0.3% > BTC +45.84% 12 Mar '24: CPI +0.1% > BTC -15.68% 10 Apr '24: CPI +0.3% > BTC -18.21% 15 May '24: CPI -0.1% > BTC +17.38% (for now) 12 Jun '24: ??? by AliferCrypto3
Bitcoin is Ready to Fall===>>Symmetrical TriangleBitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle . We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ). I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart. Important Support Zone($69,500_$68,820) : Monthly Pivot Point//Fib Cluster//100_SMA(Daily)//50_SMA(Daily) . Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze (BTCUSDT), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Shortby pejman_zwinUpdated 323287
BtcBtc start rally to 80k !!!! Now !! This is not a financial advice dyorr XecmoonLongby jupitertrade221
BTCUSDT to 81K ?!Hi everyone ... as you see the channel , mid of channel is a resistance and its 81K , if BTC closed top of that by monthly candle , then ... ( BOOM ) please trade on your own riskby LeoTrder338
BTCUSDT :The volume returned to the crypto market Monthly Bitcoin will be nothing until we are in this space, but before that we may pump I still haven't seen the confirmation of the trend change. Below 61,000 weekly, I understand that I have to save profit until it is above 48,000 bitcoins. I have the same decision, but you have to make your own decision because I'm okay with losing 31%. You have to see if you're okay? Right now, those who don't have bitcoins, I think you should go to the order book of the exchange and look, I think we don't have 72172 orders from now on, buy 17% with capital management. Our important resistance is 69411 in Bitcoin We faked the bottom of the box, so the probability of failure is higher than the top If bitcoin is 71484 and it breaks above the dominance of bitcoin, we will go to altcoins. If 71484 and Bitcoin's Dominance breaks red, altcoins will be pumped, but Bitcoin's Dominance turns green, so we will open the Bitcoin position. I am a momentum trader, or the same trader's failure, now I have one bitcoin in the box and the new suffering is giving me momentum.by Armitaryan0
BTCUSDTProvided that the price remains above 69600, there is a good chance for an AB=CD pattern to form, targeting 91000by ChartMakerPro2
BTC - 4H Valid Channel? My idea in commentBitcoin is rising within this ascending channel. Do you think it can reach the top of the channel? This could mean a new ATH around $75K! 🚀by Sober_TradingUpdated 226
BTCUSDT Forms Bullish Flag Pattern, Eyeing $80000 Target.BTCUSDT has recently formed a bullish flag pattern, indicating potential for a substantial price increase. The immediate target is set at $75,000 following three months of consolidation. However, traders are advised to maintain a stop-loss strategy to manage risks. BTCUSDT (1D Chart) Technical analysis BTCUSDT (1D Chart) Currently trading at $69600 Buy level: Above $69500 Stop loss: Below $65900 TP1: $72000 TP2: $75000 TP3: $80000 TP4: $90000 Max Leverage 5x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts Longby GreenCryptoTrades113
Short BTCUSDAccording to the photo of Bitcoin analysis, I will open a short order today. All entry points and targets are marked in the photo. The first price target will be 68380 and the last price target will be 66000. Note: The price of 66,000 is the monthly target, which means that this price must be reached by the end of this month!Shortby AhMaDrEzA98770
Bitcoin BTC large head and shoulders pattern channelBitcoin BTC large head and shoulders pattern channel, head and shoulders pattern white line: June 2021 is the left shoulder, November 2022 is the head and shoulders, and the left shoulder is expected to appear in 2024. It can be formed by falling back and stepping back to the price near June 2021. Pink channel line: It is the top price resistance line above the long line and also the short-term support line. The green channel line is the bottom price of the decline. There are three color lines. If any color line fails, the other two lines will be valid. It mainly depends on the direction of the white line, and the pink and green channels are auxiliary.by ZhongBenCong0015
BTC/USDT weekly analysis on 3rd/Jun/2024Hi, crypto traders. Last week, there was not as much movement as expected, with prices gradually declining and briefly falling slightly below 20MA. 5MA and 20MA crossed, as well as 60MA and 100MA. However, the current price has recovered slightly and is fluctuating around 69,000 USD. # Current order of the candlesticks and MA lines the candle > 5MA (red) = 20MA (blue) > 100MA (black) = 60MA (green) #Technical Positive Points - The candlestick recently broke above 5MA and 20MA, making it just the right timing to BUY. - If the price continues to rise, 5MA seems likely to bounce off 20MA. - If the price continues to rise, 60MA seems likely to bounce off 100MA. - 60MA is flat, and 100MA continues to slope upward, indicating a long-term uptrend. - If the candlestick breaks above, a bullish uptrend with 5MA > 20MA > 60MA > 100MA is likely to form. #Technical Negative Points - Since the moving averages are still clustered closely together, if the candlestick breaks down due to any catalyst, the trend could easily reverse. - If the price does not attempt to reach the recent high of 73,800 USD soon, there is a possibility that it will hit a ceiling and start declining again. - If the candlestick lacks upward momentum, 5MA and 20MA might cross, leading to a short-term price decline. - With 60MA and 100MA having crossed, if there is no upward momentum, there is a possibility of a long-term trend reversal. #Trend forecast of this week : Long 30% Technically, there are still many positive elements, but if the price does not break above 73,800 USD soon, there is a possibility that the trend could reverse into a downtrend. While it is currently a good time to BUY, if the candlestick falls below 5MA again, it might be better to close the position temporarily and wait to see how things develop. #Target points If the price of Bitcoin increases 1st target: 72,000USD (The highest price on 21st/May/2024) 2nd target: 73,800USD (The highest price on 14th/Mar/2024) 3rd target: 80,000USD (A nice round price) If the price of Bitcoin decreases 1st target: 65,500-66,000USD (Cross-point with 60MA & 100MA) 2nd target: 60,000USD (A nice round price, the lowest price on 10th/May/2024) 3rd target: 56,500USD (The lowest price on 1st/May/2024) Let's enjoy trading this week too!Longby Bot_Muto1
The Famous Monkey Story in Every Markets!The Famous Monkey Story in Every Market! Once upon a time, a rich man from the city arrived in a village. He announced to the villagers that he would buy monkeys for $100 each. The villagers were thrilled, as there were hundreds of monkeys in a nearby forest. They caught the monkeys and brought them to the rich man, who paid $100 for every monkey they gave him. The villagers began making a living by capturing monkeys from the forest and selling them to the rich man. Soon, the forest began to run out of monkeys that were easy to catch. Sensing this, the rich man offered $200 for each monkey. The villagers were ecstatic. They went back to the forest, set up traps, caught more monkeys, and brought them to the rich man. A few days later, the rich man announced he would pay $300 per monkey. The villagers started climbing trees and risking their lives to catch monkeys and bring them to the rich man, who bought them all. Eventually, there were no monkeys left in the forest. One day, the rich man announced he would like to buy more monkeys, this time for $800 each. The villagers couldn’t believe their luck. They desperately tried to catch more monkeys. Meanwhile, the rich man said he had to return to the city for some business. Until he returned, his manager would handle transactions on his behalf. Once the rich man left, the villagers were unhappy. They had been making quick and easy money from selling monkeys, but now the forest had no monkeys left. This is when the manager of the rich man stepped in. He made an offer the villagers could not refuse. Pointing to all the caged monkeys, he told the villagers he would sell them for $400 each. They could sell them back to the rich man for $800 each when he returned. The villagers were over the moon. Buy for $400 and sell for $800 in a few days—they had found the easiest way to double their money. They collected all their savings and even borrowed money. There were long queues, and within a few hours, almost all the monkeys were sold out. Unfortunately, their happiness did not last long. The manager went missing the next day, and the rich man never returned. Many villagers kept the monkeys, hoping the rich man would come back. But soon, they lost hope and had to release the monkeys back into the forest, as feeding and caring for the noisy monkeys became extremely difficult. This is exactly what happens when you buy low-quality companies in the stock market. There will be a low-priced stock that no one is interested in buying. A few rich men will suddenly start buying it. The stock price will rise because there are suddenly many buyers and very few sellers—a classic case of huge demand and no supply, like the monkeys in the forest. The stock gets plenty of coverage on business channels and newspapers. These rich men will also use tricks like sending out bulk SMS messages, asking people to buy the shares for huge returns, and giving free tips. New and inexperienced investors, hoping to double or triple their investment, get lured in. Finally, the big players who bought the stock early when no one wanted it sell it back to inexperienced investors at high prices. Don’t be greedy—there is no quick money in the stock market or in life. It takes time and effort to become wealthy, and there are no shortcuts. Hit that like button if you like the story. Follow my profile for more content.Educationby CRYPTOMOJO_TAUpdated 121226
A Practical Guide For Candlestick Patterns!Intraday trading is a method of investing in cryptocurrencies where the trader buys and sells cryptocurrencies on the same day without any open positions left by the end of the day. Intraday traders aim to either purchase a cryptocurrency at a low price and sell it at a higher price or short-sell a cryptocurrency at a high price and buy it at a lower price within the same day. This requires a good understanding of the market and relevant information to help them make the right decisions. In the cryptocurrency market, the price of a cryptocurrency is determined by its demand and supply, among other factors. Tools such as candlestick chart patterns are very helpful to traders. We will discuss these candlestick charts and offer steps to help you read them.Educationby CRYPTOMOJO_TAUpdated 1010170
HelenP. I Bitcoin can make retest of trend line and rebound upHi folks today I'm prepared for you Bitcoin analytics. A not long time ago, the price reached the resistance zone, breaking the resistance level and some time traded in this area. But later, the price turned around and made a strong impulse down to the support level, which coincided with the support zone, thereby breaking the 69800 level again. After this movement, BTC soon turned around and in a short time rose to the 69800 resistance level from the 67200 support level one more time. Also then, the price broke the 69800 level and rose to the trend line, after which at once turned around and quickly declined back to the support level, breaking the resistance level again. Price tried to rise two times, and finally at the second try rebounded from the support level and made a strong impulse up, breaking recently trend line. Just now, BTC trades near this line, and I expect that the price will make a retest of the trend line, after the breakout and then continue to grow to the 69800 resistance level. That's why I set my goal at this level. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelen226
$BTC is testing the major resistance zone#bitcoin #btc price is about reclaim the trend line. If breaks out resistance zone #btcusd price will be more optimistic. This' also the bearish retest of the zone #btcusdt lose the dormer trend support and so i call here as major resistance zone. Not financial advice.by naphyse0