Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 BTC has been overall bearish short-term trading within the falling channel in red.
🏹 For the bulls to regain control, a break above the last major high in red is needed.
Meanwhile, BTC can still trade lower to test the $59,000 - $60,000 demand zone before trading...
🏃♂️ Bitcoin is moving near the 🟡 Potential Reversal Zone(PRZ)($61,800-$60,900) 🟡 and 100_SMA(Daily) and Support lines .
🌊According to Elliott's wave theory , Bitcoin is completing corrective waves , most likely a Zigzag(ABC) corrective wave structure.
💡We can consider corrective waves in the form of a pullback to the upper line of the descending...
👉 There Is a Inverse Head And Shoulder Formed At The Chart And Currently The Price Completed Right Shoulder By Pullback Above The Previous Trend Line,I Don’t Expect a More Correction And In My Idea Correction Is Completed At 56500$ As a Wave C Low
📈 Bounce From Here Toward a 65k And Breakout Is a Main Action I Expect For Incoming Days And Then 73K As a Main...
BINANCE:BTCUSDT experienced a drop from the resistance level, tested the support level, and rebounded successfully. The market continues to find support within the range of 60000 to 61000. Currently, the market is moving within a descending channel, but I believe it will break out and move upwards as the overall trend is bullish. There is a consolidation zone...
🔮 #BTC Analysis
🌟As we can see that #BTC was following Falling Wedge Pattern in 8hr time frame Currently #BTC is trading above its major support area. Broken out of partern could lead to a bullish rally📈📈
🔖Current Price --- $61324
🎯Target Price -----$71952
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and...
Bitcoin at VAL - Buyers Must protect it or ...
Buyers must protect such are because if they fails to do it - price would drop out of value - which would be a confirmation for a down trend
in a video i shared ideas that i would trade on BTC
Bitcoin looks ready for a short-term bullish move
The price broke out from a bullish Descending Channel.
This is showing that the bulls wants to take the price control and in the short term we may see BTC rising more.
The first target zone is found near 64295
The second target zone is found near 65185.00
The third target zone is found near 66800
You may find...
Hello dear friends, I hope you're all well.
I'm currently working on refining my strategy.
I want to remind myself and all newcomers of some key points.
We all have some bad habits that need correcting to succeed in the financial market.
For example, the fear of missing out(FOMO) on market movements is common.
In my opinion, there are two types of FOMO: one...
I entry long position on Bitcoin futures.
Long position: 61200$
Stop loss: 59000$
1)Teyk proff: 64000$
2)Teyk proff: 67000$
3)Teyk proff: 70000$
If we pay attention to the US news and interest rate changes, we can see the price change soon.
The Bitcoin ETF has shown green buying colors after several days of negative selling.
After the inflation of the dollar, we...
Bitcoin will go higher in this week. So we have to be patient for Monday London killzone. Look at the PD arrays. everything is buy signal. I think 65500 is our mid-term target.
GoodLuck
given the price action of the previous days, we can have a possible increase by attacking External Liquidity starting from the Internal Licihidity FVG4 H where we have a formed support
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price made a downward move, but soon turned around and reached the resistance level, which coincided with the resistance zone, after which BTC rebounded and made a strong impulse down to the trend line, thereby breaking the 60200 support level. Then price some time traded near the trend line and...
Over the last week or so I've made a few posts on Bitcoin's inverse head & shoulders pattern, which is a bullish reversal pattern.
In my initial post below I expected the reversal to come in earlier, but apparently we first had to go down more before the right shoulder was completed.
As of now, the H&S pattern is confirmed (unless we dump in the next ~30 min)....
"Given the sudden rise in the price of Bitcoin, which led to touching the previous peak at 62785 with GAP method, and considering the William percentage placed at its ceiling, indicating readiness for a price decline, along with the downward trend in daily movement, it is likely that the next target for price decline, according to the method of GAP, is 59261(TP)."
BINANCE:BTCUSDM2024
Although there is no indicator for market shift but the demand zones for 4h time frame may indicates that Bitcoin may break through the downwards regressive channel if it stays above the demand zone
TESTING SIGNALS (PROTOTYPE ONLY)
This indicator is a detrended price series using the Parabolic Stop and Reverse (SAR) trailing stop, resulting in a bounded oscillator in the range (-100, 100). The SAR output is also normalized to obtain a noiseless oscillator which can complement the detrended price.
Settings
Start: Initial value of the convergence factor used...
#BITCOIN Breakout Alert!
1️⃣ Breakout: $63,000 ✅
2️⃣ Retest: $60,700 ✅
3️⃣ Target: $100k
- There is an expectation of a new rally towards an all-time high based on the recent breakout and retest pattern.
- Targets: $64500/$66700/$71300/New ATH
- These targets are predicted on the condition that CRYPTOCAP:BTC maintains the support level of $60,500.
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price bounced from resistance level, which coincided with resistance area, and fell to $60300 level.
After this, BTC started to rise inside wedge, where in a short time rose to resistance line from support line.
But then price turned around...
