BTC (Bitcoin) recovery is a positive sign! Hong Kong has just approved BTC and ETH SPOT ETFs. The price increased by 12% from our support box.
Changing my chart colors and starting Monday fresh. A lot of setups are invalidated at this moment. Have to look for new trading setups.
Last week, Bitcoin corrected by 15%. This led to the liquidation of many buyers, and the recovery of much liquidity, notably at the $65600 and $62300 levels.
This decline was accentuated by Saturday's geopolitical events.
BTC is currently trading around $65700, but the correction may not be quite over yet.
In my opinion, this correction is primarily due to...
Hello Everyone,
I have decided to post free market idea's every week or so for free, so everyone can see what i see backed by REAL data.
As you can see using Liquidation Data, Net Long/Short Data, Levels/Zones and some other analysis, we can see where the market is likely to move. Especially as we move into halving in a months time.
We can see that there's...
BTC is currently lying below triangle boundary and is above 65k, its first goal is to touch triangle boundary. After successful breakout or breakdown can only decide confirmed movement that which direction it could go in near future.
Wait for successful breakout or breakdown.
Hello TradingView Family / Fellow Traders,
For those who know me, it's clear I always like studying previous price action.
"Know yourself, know your enemy. Many battles, many victories."
~ Sun Tzu
I find the Bitcoin Daily Chart interesting.
If we compare this impulse movement to the previous two, we can see that after 58 days, the correction starts, and it...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
BTC QUICK UPDATE. 📚
👉As we can see price is trading inside this flat triangle, lining up with our support and resistance zones, where the price is respecting it quite well.
👉Meanwhile, price rejected our support zone, and...
The price of Bitcoin increased slightly on Friday, close to its all-time high. This rise is likely due to two reasons. First, hotter than expected inflation in the United States makes Bitcoin more attractive as an investment, because Bitcoin may hold its value better than traditional currencies. Second, there is anticipation of a coming "halving event" which will...
Currently, Bitcoin is exhibiting a pre-halving retracement, characterized by bearish signals and lateral market movements. A technical analysis of the weekly time frame reveals the formation of a Cup and Handle pattern in Bitcoin’s price chart. Traditionally, this pattern can precede further downward movements. Notably, there is robust support within the $60,000...
BTC still bearish
Effective risk management is crucial for success in trading. It not only helps in protecting assets but also optimizes the performance of trading strategies. The difference between seasoned traders and novices often lies in how they manage risks. Mastering the art of mitigating losses while maximizing gains is essential for long-term...
Bitcoin - Trading plans
1. In a case of range - we`ll trade breakout but price should be in a range for several days
2. Key areas for short are
- $71k area
- $74k area
3. Key area for long
- GETTEX:64K area
- $61k area
Bitcoin Is Signaling a Bigger Bearish Correction!
In-Depth BTC and ETH Analysis!
In this video, I have gone through many details about Bitcoin and Ethereum analysis.
Bitcoin has already reached a strong zone and is showing a bigger bearish correction,
but it could also be a possible change in the direction of the trend.
ETH stands in a different position,...
BTC near to a potential reversal zone
Technical Analysis:
BTC retested the top of the structure and it is facing a possible reversal zone between 72700 - 73770.
If the price doesn't break into the All Time High area, chances are we could see BTC moving back down thereby extending the current correction.
The price faced strong resistance in the same area...
Yesterday I shared a tread which gives a me a 1000 point profit
And my trailing sl get hit
Today bitcoin given a breakout in 15 min chart fream of square zone
There are High chance that this brek out will not sustain and drop further
Since over all tread in btc is nagative
If in 15 min time frem btc close bellow square zone. Or breakdown of the trending...
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(USDT chart)
(USDC chart)
I believe that the rise in the gap between USDT and USDC is a sign that funds are flowing into the coin market.
I believe that candles express the increase or decrease of...
K2 is a bearish hangman pattern,
K3 verified it.
So, a potential double top or bearish flag pattern is on the way.
I nearly closed all my long positions at K3.
The potential support is 0.5-0.618fib area,
I will try to buy back there.
If the following candles break up the flag,
I will also change my mind and try to buy back.
