BTC - Be Open Minded of 10,000The TA is showing a possibility of Bitcoin tapping this ultra low. See my previous posts for explanation and a deeper dive. Shortby DickDandy565646
🅱️ Bitcoin Headed To $100,000!!! FOMO! Warning! Must Read!There is no need to panic, cancel any trades nor act fast; there is always time... Did we miss the bullish wave? It is true that Bitcoin is now showing multiple very strong bullish signals and this is no cause for alarm; Bitcoin being bullish is always good for us and the Cryptocurrency market as a whole. We love Bitcoin/Crypto! First, the chart: ➖ Bitcoin closed weekly full green and back above EMA10. This means that the bulls are in full control when it comes to the short-term potential. Where the action is headed next. ➖ Next, Bitcoin is trading above $60,000 which is ultra-bullish and this after months of a strong distribution/consolidation phase... What will happen next? What happens now? 👉 Yes Bitcoin is bullish and set to move to $100,000 and much, much higher in the long-term but, regardless of the short-term noise, we will see a crash in the coming days. Bitcoin is likely to produce a lower high, not move higher and retrace to hit new lows before the major bullish wave. This fact doesn't change even though, Bitcoin is bullish! Thanks a lot for your continued support. Namaste.Shortby AlanSantanaUpdated 8484308
📈 Correction Is Done And BTC About To Hit The New ATH📥 Last Night We Had a Hard Rejection From The Trend Line And It Caused The Dump To The 67k Support Level As a 2.618% PRZ And I Named It As a Wave C Low 📈 Currently Clear Bull Flag Formed At The Chart And The BTC Playing Below It And This Time I Expect a Breakout Toward a 75500$ As a Next Target 👉 Totally By Last Night Dump I Think The Correction Is Over And The BITCOIN Is Ready To Hit The New ATHLongby Bullish_TradersUpdated 161664
BTC bullish patterns are printed BTC / USDT We can see BTC is finally starting to print bullish patterns 1st Pattern : Bull Flag This is strong bullish pattern and will be activated once we breakout the upper purple resistance line 2nd Pattern : Inverse H & S This potential pattern is still under formation If this pattern plays out ..,then BTC could revisit 65k-62k to form the second shoulder before next wild pump &breakout My view is bullish priority for BTC but the question is which scenario will playout ? are we going to make breakout directly or visit the lower levels first Best of wishes Longby BabenskiUpdated 151577
🔥 Bitcoin's HUGE Cup & Handle Pattern Breaking Out!In this analysis I want to take a look at a long-term pattern that BTC has been following over the last few years. In my eyes, BTC's price action closely resembles a cup&handle pattern, which is a bullish break out pattern. Assuming that the handle's low is in, we can place our stop right below it. Target at 150k. Be aware that the pattern has not yet been completed; wait for a new all-time high before entering a position. Share your thoughts!Longby FieryTrading9969
BTC 100X Long Followed By ShortHi all, Great play right here on Bitcoin. I did 100X long at 68.7K Once we get to the pink line is where I'm closing. I will also open a short right at that line as it should reject and quickly dump. Good Luck.Longby dogdaddevanUpdated 131321
Bitcoin - 10% crash is coming, buy at 62k (here's why)Bitcoin is preparing for a pretty significant crash (in June). Why do I think so? We need to look at the previous price action because in May, Bitcoin pumped by 25%. If we take a look at May's price action, we can see that the uptrend created a FVGAP at 62k, and these gaps tend to be filled sooner rather than later. This is, of course, not the only reason why I am bearish. From the Elliott Wave perspective, Bitcoin finished the first impulse wave (1) and after such move we can expect a corrective ABC pattern because markets always move in waves. In general, a typical retracement for waves (1) is 0.618 FIB and also 0.382 FIB in strong bull markets. The 0.618 FIB overlays perfectly with the mentioned FVGAP, which gives us a pretty solid buying opportunity if the price reaches this level. The next good opportunity is to short Bitcoin on the futures market. The next reason why I am bearish is this small red trendline. As you can see, the trendline is breaking down, which is, of course, a sign of weakness. This trendline is part of the rising wedge pattern, so it adds to the overall bearishness. Currently, I am bearish, so be careful during the summer as the price action is not the most volatile for Bitcoin during this season. Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. Shortby Xanrox131334
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 99112
btc → broke the trendlinehello guys... as you can see, btc made a double bottom and broke the trendline at the same time! we can expect an upward movement. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and commentby melikatrader94Updated 151552
💎 BITCOIN (BTC) : a Big Move Beyond $70,000? (READ THE CAPTION)With a recent analysis of the #Bitcoin chart in the weekly (logarithmic) timeframe, we can see that the price has once again succeeded in returning above the $70,000 level. As I have mentioned multiple times in recent analyses, I am expecting an explosive move from Bitcoin soon, with targets of $77,000, $85,000, and $100,000, respectively! Main Analysis : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban Longby ArmanShabanTrading181847
Lingrid | BITCOIN Preparing for NEW Bullish EXTENSIONBINANCE:BTCUSDT remains resilient, finding support at 67,000. As you will notice, a potential bull flag pattern is forming, reminiscent of the previous one. I believe this setup will eventually lead to a breakout and subsequent move higher as the overall trend remains bullish. A consolidation zone is forming just below the channel boundary, hinting at a potential breakout. If the market breaks out of this pattern, we could see new all-time highs. I expect a pullback to support followed by an upward surge that breaks the trendline. Confirmation of the continuation of the bullish trend will occur when the market breaks out of this pattern. My goal is the resistance level 71900.00. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby LingridUpdated 131350
4️⃣ Interesting Altcoins - Episode 1️⃣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here are 4 Altcoins that I find interesting from a technical analysis perspective: 1️⃣- KUCOIN:DYDXUSDT DYDX is currently hovering around the lower bound of the rising channel marked in blue. As long as the $1.8 demand holds, I will be looking for trend-following buy setups on lower timeframes. 2️⃣- BINANCE:MASKUSDT MASK has been hovering within a big range between $2.5 and $6.5. For the bulls to take over and start the next impulse movement, a break above the last major high marked in green is needed. 3️⃣- KUCOIN:TIAUSDT TIA is currently hovering around a massive support and round number $10. As long as the $8.5 support holds, I will be looking for buy setups. For the bulls to take over, a break above the last major high marked in red is needed. 4️⃣- BINANCE:ZRXUSDT ZRX has been overall bullish trading within the flat rising wedge pattern in blue. For the bulls to take over, and start the next impulse movement, a break above the last major high in red is needed. Which asset would you like me to include in the next episode? Let me know if you like this series; your feedback would encourage me to keep it running. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst161643
🅱️ Sequential Perfect Eight (8) | A Bearish SignalIt's been a while since we used this indicator, remember it? I am talking about the TD (Tom Demark) Sequential. Let's have a look at it! ➖ Notice how 1st May a perfect negative eight (8) leads to a perfect negative nine (9) followed by a reversal. The eight signaled the bottom, worked perfectly. ➖ Notice today how we have a perfect positive eight (8). This means an extended bullish move. ➖ Looking at the early May example, this can possibly be the top of the current "bounce" leading to a reversal (retrace/pull-back or correction). This indicator matches everything else we have been seeing and sharing. Take it as another piece of data in support of the bearish potential. Keeping in mind that a signal in isolation is weak and thus we combine multiple signals to support our bias. 👉 If Bitcoin moves higher, a nine will come up next and a reversal becomes even more likely, as a perfect nine would indicated a strongly extended bullish move. An extended bullish move means its end is close. I will go deeper on this indicator, go through all the workings and everything else in the coming months. I belief Tom Demark is a great personality and his indicator a great addition to our toolbox. My respect to him. His contribution to us trader and technical analysts is highly appreciated. Thanks a lot for the support. Namaste.Shortby AlanSantana161653
Bitcoin BTC price + CPI US 15.05 will stir up the marketHere is a chart of #BTCUSDT on the 12-hour timeframe. At first glance, it looks nothing special: a prolonged consolidation on falling trading volumes, everything is natural and natural. But tomorrow, at 15.05 at lunchtime with the close of the 12hr candlestick, everything can change. Tomorrow is the announcement of the "fresh" US CPI rate. Forecast: inflation will decrease from 3.5% to 3.4%. Declining inflation = a good signal for the growth of financial markets. But the tweet from Mr. Biden adds some "spice". President Biden: wants to give new home buyers $400 per month for 2 years to help people with housing. This is either a pre-election promise or a good opportunity to start the “printing press” And now for a bit of conspiracy theorizing: Let's assume for a moment that Biden knows a little more than we do. And tomorrow it will be announced that inflation has fallen not to 3.4% but to 3.2% or even 3%. This will definitely cause a powerful surge and growth in the market. The last thing that comes to mind is how massively $ were printed and distributed in the spring of 2020 as financial aid during COVID-19. Do you remember how the crypto market grew then in 20\21 from an additional portion of “retail's crazy money”?) So where do you think the CRYPTOCAP:BTC price will go in 24 hours? 👍 towards $71000 👎🏿 towards $56500Editors' picksby P_S_tradeUpdated 2121236
BITCOIN - Price can bounce down to $65700, exiting from flatHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price broke $62800 level, which coincided with support area, but later started to grow in rising channel. In this channel, BTC in a short time rose to $62800 level, but at once made correction move to support line. Soon, price turned around and made upward impulse, breaking $62800 level, and continued to grow in another rising channel. Later Bitcoin reached $69200 level, which coincided with one more support area, and soon broke this level. Price exited from rising channel and started to trades in flat, where at the moment it continues to trades. So, I think Bitcoin can make small move up and then bounce down to $65700, exiting from flat and breaking support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️Shortby WalterMoon669
BTC - Make or Break Zone 📈📉Hello TradingView Family / Fellow Traders, As per my last analysis, attached on the chart, BTC broke above the accumulation phase and traded higher. Currently, BTC is hovering around the upper bound of the range. What's next? Scenarios: 1️⃣ Bullish - Continuation For the bulls to maintain control, a break above the upper bound of the range at $72,000 is needed. In this case, a movement towards the $80,000 resistance would be expected. 2️⃣ Bearish - Correction In parallel, if the lower red trendline is broken downward, we expect a bearish movement towards the lower bound of the blue channel. Which scenario is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasrby TheSignalyst121228
ALT REQUEST FOR MONTH OF MAYDear all, We apologize for the slight delay in this announcement, but we're pleased to inform you that we are now accepting coin analysis requests for the month of May 2024. Submission Deadline: May 20th, 2024 To ensure efficiency and accuracy in our analysis, we kindly ask each member to submit only one request. Please adhere to the specified format when providing the coin ticker symbol or name, such as ETHBTC, ETHUSDT, or ETHUSD. This will greatly streamline our analysis process. Let's work together to navigate the market and uncover potential opportunities. Our aim is to provide insights for a maximum of 20 Altcoins based on the requests we receive. You can navigate through our previous alts request here: #JANUARY REQUESTS: #FEBRUARY REQUESTS: #MARCH REQUESTS: #APRIL REQUESTS: We deeply appreciate your ongoing support, which is incredibly valuable to us. Kindly take the time to review all our analyses, share your comments, and remember to click the like button as you go through them. Thank you to everyone for your continued support. You can trust us, we will give you our best as always.by wesladUpdated 8686102
Lingrid | BITCOIN Ready for NEW ALL-TIME HIGHS ?The price perfectly fulfilled my previous idea. It reached the target level. As we can see, the BINANCE:BTCUSDT has broken and closed above the flag pattern, a classic trend continuation pattern. The bullish candle that accompanied this break signals a strong display of buying power, indicating a dominant trend. At this point, I anticipate two possible scenarios: the market continues to push upwards or consolidates below the resistance level, accumulating momentum for a potential all-time high (ATH). It's also worth noting that there is a likelihood that the market may pull back to retest the flag pattern before resuming its upward trajectory. In my view, the price will likely fall below the key support level of 70,000 before making its next move upwards. My long term goal is resistance around 73500. Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻Longby LingridUpdated 161653
🚨Bitcoin will Fall by Failed Falling Wedge Pattern🚨❌ Bitcoin failed to break the 🔴 Resistance zone($65,700-$67,520) 🔴. 📈From the point of view of Classical Technical Analysis , the Failing Wedge pattern failed, and since if the reversal pattern fails , the pattern will have a continuing role , the Bitcoin fall is still expected. 🔔I expect Bitcoin to continue its downward trend after the rise to the lower line and 🟡 Potential Reversal Zone(PRZ) 🟡again. ❗️⚠️Note⚠️❗️: If Bitcoin touches $65,500 , the bullish scenario can change, I will talk about the importance of this number in the next posts . ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Shortby pejman_zwinUpdated 101043
BTCUSD - Local ShortHey folks, We have possible short on BTC. Since we passed Monthly ATR + Price testing upper boarder of the flat. SHORT ACTIVATION only if price breaks 76 800$ ! Shortby LogicalKnight_fx5514
Wave 4 of Bitcoin: Structure of a FlatHello dear friends, I hope you are doing well. It took a long time to identify the structure of this prolonged sideways movement. I watched many videos and referred to my notes, and this has been very helpful. The current wave structure in which Bitcoin is moving sideways is a flat pattern. This structure typically occurs in Wave 4 of Elliott Waves. What is a Flat? A flat is a corrective wave pattern in Elliott Wave theory that consists of three phases labeled as ABC: ------------ - Wave A consists of 3 waves. ------------ - Wave B consists of 3 waves. ------------ - Wave C consists of 5 waves. ------------ In general, the movement pattern of this structure is 3-3-5. ------------ After the pattern is complete, a breakout to the upside usually occurs (since Bitcoin was in an uptrend before this). Sometimes this pattern can combine in a double or triple formation, which we will review below: Double Flats: Double flats can be divided into three categories: 1. Flat + Flat 2. Flat + Zigzag 3. Flat + Triangle -------------- To connect them, an X wave is needed, which also has a 3-wave structure. -------------- Conclusion: If the top of this flat is broken, Wave 5 movement will begin. If the top is not broken and the correction continues, it means this upward movement was Wave X, and we should expect a larger flat, zigzag, or triangle pattern. Once the structure is identified, the chart will be updated.Longby Sadegh_Sh7713
Bitcoin BTC price move plan for incoming weeksFor the coming week, both buyers and sellers have a specific task: some have to lower the price of #BTCUSDT as low as possible to break down the structure, while others have to raise it to break up the stops of shorts positions 🔼 CRYPTOCAP:BTC buyers are currently looking stronger, and if they manage to defend $67000-67300, they may start attacking and updating #Bitcoin ATH very soon. The fuel for growth should be the stops of short positions hidden above $73K. and $74k. 🔽 Sellers now have a much more difficult task: they need to break the growth structure, and for this, they need to fix #BTCUSD price below $60-61k The next known strong macroeconomic news is expected on June 12, when the CPI US and the Fed Funds rate will be announced. If you're reading this idea and are interested, please leave a comment under the idea and put like. And then we'll write more thoughts on BTC.D and USDT.D and how altcoins may develop in the near future.by P_S_tradeUpdated 8833
Bitcoin Analysis(More fall)After Mt. Gox moved $840 million in Bitcoin to a new wallet , Bitcoin started to fall. Bitcoin has managed to break the lower line of the ascending channel . According to the theory of Elliott waves , it seems that the next corrective waves have started . I expect Bitcoin to fall at least to the Potential Reversal Zone(PRZ) . Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 1-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 8856