ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
Variation of my last btc chart, with added sub parallel channels within the potential top channel from previous charts, and new projected top number around 81500, if it doesn't continue to keep selling off from here.... just guessing tho
Bitcoin is hinting at a consolidation phase above the key resistance area.
Should it decisively break the prevailing downtrend line, we're looking at a potential upward journey towards the next significant order block zone.
Keep a close eye on the breakout to confirm the bullish momentum.
I personally would recommend. Hedge Shorting the Red box If u got a long in my Prime zone filled. about 50 to 100% of the Long Position filled in the 63380$ range.
The bitcoin price moves in the consolidation zone. The ATH resistance level is 73000-73800 and the support level zone is 60000-61000. If the market breaks this ranging zone and goes further upside then the market creates a new all-time high. but, if the market breaks the support level then go downward to order blocker which is 50500-51500 zone.
📍 #BTC Update
✅ Previous Update Perfectly Worked And The BITCOIN Price Hit The 61700$ Support One More Time, Now At This Update I Wanna Talk About My Next Plan About The BTC
👉 There Is a Clear And Strong Support At The 61k Area And Its a Fourth Time That protected The Bitcoin Price, If You Followed My Previous Updates My Expectation Was About The Breakdown This...
Bitcoin has a serious problem to break through the 67,000-68,000 price range. Research on the Bitcoin price chart shows that there is a lot of supply in the 67,000-68,000 range, which could cause a serious price decline in the medium term.
On the other hand, the price crossing the range mentioned above can be very good news for medium-term buyers.
I'm weighing two potential scenarios:
1) There's a chance of breaking past the $68,000 mark on a weekly timeframe, with potential for upward momentum pushing into the range of $80,000 to $82,000.
2) Alternatively, there's a possibility of failing to breach $68,000, resulting in a weekly close below $65,500 and a potential decline towards the $57,000 zone.
p.s....
Bitcoin recently reached an all-time high of $73,777 before dropping to a low of $59,050. It's currently hovering around $66,350, which is close to its mid-range of $66,400.
The breaker point in the market is estimated to be between $69,000 and $70,000, which aligns with the Bull Rune's all-time high of around $69,000. The current market conditions are showing a...
Bitcoin (BTC) has just broken out of a well-defined parallel channel on the hourly timeframe, suggesting a potential bullish move.
Breakout: Price action has decisively closed above the upper trendline of the channel, indicating a shift in momentum.
Target: A 10-12% pump from the breakout point could push BTC towards the next resistance level at around...
I am shorting bitcoin based on this technical analysis shown. Weekly bearish trendline (currently underneath the trendline) - 65,750 to 66,200 entry - Stop Loss approximately 66,800 to avoid a liquidation wick.
Based on this TA we look to want to hit a bullish retest at the bottom of the bearish pattern - approximately 14,000.
Other levels of interest I have...
As we see that we broke the structure here, however, since we are bullish on the higher time frame plus ETF's this range can work to first push the price EQ level and then RH.
We need to check for the reaction once we reach daily imbalances.
