Bitcoin TP 170 pips 1:2 RR Total 170 pips target hit perfectly sync with our analysis cool move Trend continuation on BTCUSDTLongby DNA_Trader_Officials0
The Local levels I have my eyes onThis is a Rebound off supply/range high setup Lets see what bitcoin does at this level, I am already in a short scalp with TP at entry, if we get a good follow through, this could be a juicy one. Follow for more.Shortby Trade-Journal4
3 For 3! My next trade In today's video, we analyze the bitcoin price action as we break above the tertiary, secondary and primary ranges. As we approach the 74 K level, will bitcoin be rejected along the way at the supply zones above us.21:40by Trade-Journal4
Following the blueprintMay 13, Sunday, same setup. Commend yourself to history.Longby hkfjhfvbUpdated 332
BTC Distribution ScenarioI'm considering a new scenario following the breakdown of price below supportive structure. It's a scenario pattern that's undoubtedly familiar - everyone's favorite, the Wyckoff distribution trend. Several elements support this structure are worth noting: - The distribution phase is occurring just above the previous all-time high (ATH). - This potential top is showing a monthly bearish divergence vs 2021 ATH. While the structure of these patterns never perfectly aligns with Wyckoff's illustrations, they often follow key stages marked by significant swings in price. This scenario presents swings of around 25% The scenario assumes that we've entered Phase B, moving towards the Sign of Weakness (SOW) below initial support (target price would be GETTEX:59K range mid-April) before a move to the Upthrust (UT). Best, Hard Forkyby hardforkyUpdated 2221
Long to UT at $76,000Expecing a move up on Thursday/Friday. A prime shorting opportunity should be available on Bitcoin at the $76k level, based on this six-month Wyckoff distribution pattern. Shorting ALTs might be more challenging, with potentially more predictable price entry points occurring in Phase C. Best, Hard Forky Longby hardforkyUpdated 112
Bitcoin Update in Daily TimeframeBTC Update: In the last 24 hours, BTC touched the $70k range but quickly got rejected back to $67.5k. In this daily time frame, it is clear that BTC must break above the blue box to set a new high. The FWB:65K support still holds strong and is likely to maintain it for now. Do your own research before making any decisions. Regards, Team Dexter.by Dexter_The_TraderUpdated 1113
Long trade BTCUSD pair 4th June 24 Entry condition Reading the DOM on the 5min TF Mapping FVGs on the 1min TF 50 MA and 200 WMA (below candles for direction) Additional confluence reading price action i.e BOS/Order block mapped on the 1min TF Reading Volume Anaysis (Whykoff method) and RSI indicator. Entry 69801.7 Profit level 72020.1 (3.18%) Stop level 69780.2 (0.03%) Longby davidjulien369Updated 1
Btc 75k usdt?Btc looks bullish as of now,In upcoming week we can 75k Just wait n watch Longby Futuristic_Investors1
BTC → It will touch $75khello guys... as you can see btc made a symmetrical triangle and broke it up! on the other hand, it touched the bottom line of the ascending channel so it has a potential to start an upward movement@ targets: 1- $73099 2- $75029 ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and commentLongby melikatrader94Updated 111142
BTCUSDT.P POTENTIAL LONG/SHORT Opportunities BTCUSDT.P POTENTIAL LONG/SHORT Opportunities Bitcoin is currently consolidating according to the weekly timeframe/external structure. However, when we look at the internal structure, we can clearly see swings where BTC recently formed a bullish SPA in the price range of 64,500-62,400. This resulted in a significant pullback in the market. However, we should not ignore the equal highs on the daily timeframe and the HTF OBs, which are also sources of compression. We should keep in mind the price level of 72,500-73,800, which could potentially give us a significant rejection. SHORT OPPORTUNITY ENTRY =73850 STOP LOSS =74960 1ST TARGET=66676 2ND TARGET =65419 3RDTARGET = 63430 LONG SIGNAL WILL BE SHARED LATTER Longby MSB7883
BTC short termWe have a lot of green vectors to recover. Also we are overextended we should recover these zones to come back up and start a new cycle Shortby betterknewwUpdated 3
BTC Price Prediction and Elliott Wave AnalysisHello friends, Thank you for joining me in my analysis. Remember to like, subscribe, and stay tuned for more updates. See you soon! Thanks, Brosby MASCryptoAna4
📈 Correction Is Done And BTC About To Hit The New ATH📥 Last Night We Had a Hard Rejection From The Trend Line And It Caused The Dump To The 67k Support Level As a 2.618% PRZ And I Named It As a Wave C Low 📈 Currently Clear Bull Flag Formed At The Chart And The BTC Playing Below It And This Time I Expect a Breakout Toward a 75500$ 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 161677
BTCUSDTWe can attempt to buy BTCUSDT from specified level as 0.5 FIB , HL , trendline support intact. SL , TP mention in chart.Longby SignalEdgeUpdated 4
Bitcoin Chart Analysis: Cup and Handle PatternObserving the Pattern Upon examining the Bitcoin chart, we notice the formation of a classic Cup and Handle pattern over the past few months. Cup Formation: Period: The cup started forming in early April 2024. Bitcoin's price began at around $71,630, declined to a low of approximately $56,500 by end-April, and then gradually climbed back to the $71,630 level by late May. Shape: The bottom of the cup is rounded, indicating a strong consolidation phase, which adds strength to the pattern. Handle Formation: Period: The handle started forming in by late May 2024. The price moved sideways with a slight downward trend, fluctuating between $71,630 and $66,500. Shape: The handle is relatively short and tight, with the price consolidating without significant drops, maintaining the overall bullish structure. Breakout and Target Projection Breakout Point: The breakout has not yet occurred. We are closely watching the $71,630 resistance level. A decisive move above this level with increased volume will confirm the breakout. Volume: It is essential to observe a noticeable increase in trading volume during the breakout, which will further validate the pattern. Measuring the Target To determine the first target after the breakout, we measure the depth of the cup: Depth of the Cup: The difference between the peak ($71,630) and the bottom ($56,500) is $15,130. Target Price: Adding this depth to the breakout point gives us a target. Thus, $71,630 + $15,130 = $86,760. Conclusion As the breakout has not yet occurred, it is crucial to monitor Bitcoin's price action around the $71,630 resistance level. A successful breakout with increased volume would set the first target for Bitcoin at approximately $86,760. Investors should remain vigilant for confirming signals and be prepared to adjust their positions accordingly.by MyNameIsEmrah111
$BTClooking for a reclaim of yellow line then higher got rejected on the attempt to reclaim vwap for this move so thats what we need to reclaim for acceleration break the trend line and we likely go take liquidity under vwap from the low's by CompoundingGainUpdated 4
BTC - UpdateHere is an update to our previous post: We have been monitoring a successful breakout for BTC. We were watching for our top orange trendline to be flipped from old selling pressure into new buying pressure. So far, this seems to be the case as we have has MANY retests of this level and a follow through to the upside everytime. This morning we have seen one of the largest bounces to the upside off this trendline. Therefore, if this momentum can lead price upwards then watching for a candle close above $71.3k on the 3D will be what to look for. by VIAQUANT1
BTC eyeing $110,000 Confirming the Major Flag Pattern Since FebrSince February, a significant flag pattern has developed in Bitcoin's trading behavior, and we've just witnessed its confirmation. This pattern indicates strong continuation potential, suggesting that the price could surge higher. It's not too late to enter the market; there's still an opportunity to capitalize on this movement. In shorter term: as Bitcoin approaches its all-time high, and it has begun a nice correction. Ideally, it would maintain minimal correction above $68,000 and increasingly form some type of contracting pattern. Regardless of the specific shape of the contraction, the longer it lasts, the better, even up to 1-2 weeks. After that, the next target price is $110,000!!! If you don't want to miss out, you can start buying during the contraction with a very tight stop loss at the bottom of the sideways movement. However, be prepared for potential sharp drops. Timing is also crucial; it could reach this within a month. It's a long time to stay in a trade for a month, but in this case, I think it's worth it...Longby CoolTrader101Updated 3
#BTC is in a complex consolidation phase, stay patient📊#BTC is in a complex consolidation phase, stay patient☕️ 🧠From a structural point of view, we have entered a complex consolidation stage after achieving the weekly and daily level targets. The realization of the large cycle target means that a large cycle adjustment may occur, so the expectation of a callback will always be exist. ➡️From the perspective of wave theory, wave 5 has a chance to occur. 🔥Therefore, there are relatively large differences here. Since there are differences, what we need to do is to remain patient and wait for the price to reach the non-contradiction zone to find new participation opportunities. Even if you want to trade in this area now, try to do it in a conservative way. ⚠️Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share it 👋follow me. Learn about further structural evolution💕 BINANCE:ETHUSDT.P by wolf_king8883
bitcoinAs the US market opened, Bitcoin moved higher but failed to break above the resistance zone. Another attempt to move into the resistance zone may occur. Bitcoin needs to break above $70,000 to gain bullish momentum.by babyrichcrypto0
bitcoin update analysisPlease also check the previous analysis. Undoubtedly, these analyzes were among the best analyzes in the world today, maybe even the bestLongby Cryptonix-Empire2
bitcoinINDEX:BTCUSD BINANCE:BTCUSDT analysis chart based supply and demand theoryLongby VOCET_CAPITAL3