Bitcoin BTC moving sideway range. No any movements. Still Bitcoin was bearish. Order block (2) is next resistance zone. So Bitcoin mitigate this orderblock to some downside movement possible.by rahulOffi0
BTC.USDT 1DAY CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. Look for a confirmed breakout above the resistance trendline and Ichimoku Cloud. If the breakout is confirmed by high volume and supportive indicators, consider a long position. For a bearish breakout: Look for a break below the support trendline of the triangle and Ichimoku Cloud. If the break is confirmed by high volume and supportive indicators, consider a short position. Summary Bitcoin is at a critical juncture, facing resistance from the symmetrical triangle and the Ichimoku Cloud. A confirmed breakout above these resistances could signal a strong bullish trend, while a break below the support trendline and Ichimoku Cloud would signal a bearish trend. Closely monitoring key levels and indicators will provide the signals needed to make informed trading decisions. Would you like more information on specific entry and exit points or additional analysis on related factors? Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!Longby CryptoSanders95630
BTC may need a rest after the massive surge from 19kBTC may consolidate for a few days before attempting another runup to balance itself. Target is around 24.5 levels before attempting another runup to the upside.by JSALUpdated 8
BTC WEEKLY VOLUME, TELLING US SOMETHING!...Hidden clues.VOLUME PERSPECTIVE : WEEKLY DATA: We got the elusive "BUBBLE UP' volume appearance (bottom indicator) after 6 weeks of waiting. Is this the sign everyone is waiting for... Every time this appears after a descending price correction (weekly), a significant series of ascend follows for a few weeks. Spotted at 27000 TAYOR.Longby JSALUpdated 225
BTC long path I see BTC in this range those days, I'm not with new ATH in this time, I think we will dump again to 40k area this year. We will see what happens Longby ibrahimbnasser0
BTCUSDT: PRICE UPDATEI would like to share this insight about the BTC price forecast. I am currently testing a code using 'Jupyter Notebook (python)' and the code generates a 14 day forecast at the 4 hour time frame using LSTM. However, I twisted the LSTM a little bit by adjusting its hyperparameters based on the model's confidence estimate. The following are the forecasted values and represented by the orange line on the graph: [ ] Based on the forecast, given the prevailing condition of the market, price will attempt to reach the resistance area. Please note that this forecasting technique using LSTM with 'Hyperparameter Adjustments using Confidence Estimates' is still at the validation period. I also added Stversteves AR Scatterplot (available in TradingView) to help us see and compare price projections (and I have no intention to disprove any ideas presented here nor determine what could be the best forecasting method). Since AR and LSTM are cousins, and LSTM is more way advance than ARIMA and AR, it would not mean that one is better than the other in terms of generating accurate forecast such as bitcoin price. But of course, neural netwroks has more cool advantages over traditional stats because it could learn from variable associations to generate a more reliable and accurate forecast. However, LSTM still uses randomized values to fine tune its own forecast. And this is the reason why I created the Hyperparameter Adjustment method using confidence estimate to minimize or reduce the random selection of parameters (which I think most of the neural netwroks are doing). More updates will be posted soon! Thanks! Longby DexterMGarciaUpdated 0
BTCUSD - Lambo Lifestyle Pending? What happened to Bitcoin reaching $100,000? Many put their whole life savings into it believing that $100,000 is the next stop when it just doesn't work like that. Markets are controlled Up is down 2+2=5 Be wise and manage risk!09:21by LegendSince0
Is this a Bitcoin bottom? I do not think so. Another day, another bitcoin daily review. Price is currently chopping around in the daily imbalance with USDT.D still being bullish. My current expectations is price chopping around for a while, run buystops and dump to 62-61k. Short08:17by SerenityEquity0
The meltThis is what I think I still think I need to fill a gap. where is the accumulation. not much of it rn to be honestby WimpwizardUpdated 331
Bitcoin BTC-06/23Bitcoin /BTC/ swing long idea /day short/ Swing long zone (62566-63712) Day short zone (65656-65962)by TraderGC880
Bitcoin is due for a rally!Technical Analysis and Outlook: Bitcoin hit our Inner Coin Dip of 64500 on the money and dipped to a lower target marked as Inner Coin Dip 63100. We anticipate a robust upward bounce from this point to reach the mean resistance level of 66500.by Thebest-traderUpdated 1
BTC FOR BEARISHYes from my previous mapping I just focus for bearish for BTC. The trend will continue. Trade with your own risk.Shortby ewtradersbh0
BTCUSD BULLISH SCENARIO I am looking for a market structure shift on the Daily and 4 Hour Timeframe and wait for a pull back to order block to Buy. The structure seems pretty obvious to me. Remember to DYOR! Longby GameChangersBTC0
BTCUSDT :We are going to the critical stage of the market, and it is possible that after this time, the market model will change completely, the market model will change, which means that every hot coin is not going to go up and give profit like last year's Bullrans. Next week, I will give you an altcoin analysis in the weekly Candle Bast Yesterday was a really good opportunity to open a position, especially the 4-hour time frame Yesterday's 63150 side was good support Weekly, if it closes like this, it may rest and RSI shows that it may go down more In this way, the close has a strong range from 61 to 59, which means that it can be sharp and whale from 63-62. If we go sharp like this, 52,000 is not far from expected, but I have 48,000 dollars for a few months, and hey, I'll tell you in my channel analysis. If the market rejects from 64373, there is a possibility of a sharp drop To open a position, if you open a position now, you may stay in the trade for two days, even if you go to lower time frames, for example, 15 min. The main level is 63581 thousand dollars I myself do not open a long Bitcoin position on Ethereum When I don't open a position myself, I can't give you an entry triggerby Armitaryan0
Bitcoin to 52K by August 2024I understand that my prediction may seem bold. However, I have meticulously conducted a comprehensive analysis that I urge you to review in detail, which should instill confidence in the validity of my prediction. Background: 1. The BTC weekly chart is squared. The price-time ratio is 859. 2. Gan Angles: The central Gann angles are the 1/2 (63), 1/1 (45), and the 2/1 (27). These angles correspond to Fibonacci ratios as well. 3. From a Gann methodology perspective, dividing the chart into four angles with 11 degree spacing is wrong. However, Gann angles are a methodology, not a theology. I don’t consider myself a disciple but a practitioner. I'll use it if it corresponds to the chart's PA. 4. From a Wyckoff perspective, it is evident that Bitcoin is in an accumulation/ distribution schematic. I was leaning towards reaccumulation. I considered the deviation below the range low as a spring action and expected a breakout. Bitcoin failed to break above 72K on May 20th and 21st and between June 5th and 7th. The final step in a distribution schematic is a missing UTAD. From a Wyckoff perspective, an Upthrust after Distribution could have provided us with clarity. It is what it is. If Bitcoin drops below the range-low, we will have all the confirmation we need. 5. Market Structure. From a market structure perspective, a downtrend has not yet been confirmed. The volatility inside the range makes it difficult to see the forest from the trees. I will zoom out, use the weekly chart, and disregard the wicks to solve this issue. We need to see a weekly close below 61.4K on the weekly chart, followed by a HL, preferably below 61.4K. Conclusion: There are some indications of a top. However, a top will not be confirmed until Bitcoin drops below the range-low and is retested as resistance. From a trader’s perspective, I have enough data to reduce exposure to spot BTC and initiate short positions, which I will increase in size after confirmation. Analysis: To gain clarity, I employed Gann angles and Fibonacci circles. The advantage of using circles and angles is that they provide a timeframe for the price to achieve a particular milestone, unlike financial astrology, which is difficult to understand and sometimes inconclusive. Every trader can easily visualize lines and circles on a price chart. I already addressed the squaring of the chart and my choice of angles in the background section. As for the circles, I used the Fibonacci circle tool, pulled from the cycle high to cycle low. Because of my unconventional use of angles, I drew the “classic” Gan Angles, the 64, 45, 27, and 15 degrees in white. The subdivision of the 45-degree triangle is in yellow. For horizontal Targets, I used a Fibonacci retracement. You can use a division by eights if it suits you better. Conclusion: Bitcoin will likely reach a price target of between 52K and 45K. Possibly as early as August 5th. Invalidation: A breakout above 74K and a S/R flip of 74K. If this occurs, the target is 89K. Shortby NewThoughtCrypto0
BTCUSDT POSSIBLE 1H MINOR PULLBACK UPBTCUSDT price is due for a minor pullback up and liquidity grab. MFI is pointing upward and STO(21,5,5,)crossed above the 20 level and an outside bar on Jun 21st @ 20 (UTC +3) is formed and the current candle broke it high ===> momentum is up Overall trend is still down LL & LH and this idea is for the minor pullback up trade and considered a risky trade so use a tight stoploss is you decide to enter countertrend. Invalid on chart Good LUck Longby Alpha_54321Updated 0
BTCBTC mitigating Daily timeframe order block to moving upside. Next Bitcoin mitigate order block (3) to moving upside is high possible. Order block (2) was sell side order block. So some downside correction possible. If the order block (2) was fail, bitcoin moving upside. Bitcoin mitigating Daily timeframe order block. So the Trend reversal was high possible. But $62800 is best support zone. Maybe Bitcoin moving downside to touch the support to moving upside is high possible.by rahulOffi0
BTC/USDT weekly analysis on 22nd/Jun/2024Hi, crypto traders. #Last week's results and review Although I couldn't update the article last week, the price continued to decline as expected. 5MA has fallen below 20MA, 60MA, and 100MA, and the candlestick is below 5MA. I believe the price will continue to decline, but the focus will be on where it will rebound. In that case, the following target points may be helpful. # Current order of the candlesticks and MA lines the candle > 5MA (red) > 60MA (green) = 100MA (black) > 20MA (blue) #Technical Positive Points - If the candlestick rebounds and moves above all MAs, there is a possibility that an uptrend may resume. #Technical Negative Points - 5MA has fallen below all MAs and seems likely to continue declining. - The slopes of 20MA, 60MA, and 100MA are all turning negative. - 20MA is crossing 60MA and 100MA, forming a downtrend with 100MA > 60MA > 20MA > 5MA. - Since the price is gradually declining rather than dropping sharply, there is a possibility of a sudden drop at some point. #Trend forecast of this week : Short 70% From a technical perspective, there are many very negative factors, so I expect the price to continue to decline. As noted below, the initial rebound target is 60,000 USD. However, if there is a sudden drop triggered by some event, it could fall below 60,000 USD and reach 56,500 USD. If you are aiming for the next upward timing, I recommend not entering during the first sudden drop but waiting for MAs to form a double bottom before entering a long position. I will continue to write articles and will mention the timing separately. #Target points If the price of Bitcoin increases 1st target: 65,900USD - 67,500USD (Cross-point with 60MA & 100MA & 20MA) 2nd target: 72,000USD (The highest price on 7th/Jun/2024) 3rd target: 73,800USD (The highest price on 14th/Mar/2024) If the price of Bitcoin decreases 1st target: 60,000USD (A nice round price, the lowest price on 10th/May/2024) 2nd target: 56,500USD (The lowest price on 1st/May/2024) 3rd target: 50,000USD (A nice round number) Let's enjoy trading this week too!Shortby Bot_Muto1
BTCUSD Bearish outlook for BTCUSD with a possible retracement upto previous resistance. BTC has mostly retraced upto previous resistance levels to liquidate long/short positions before making the next move. Entry and Key levels marked. Fib retracement is for reference. key level projected is marked with red line and labelled.Longby yoda_470
BTC - Technicall PossibilitiesWe have 2Scenario for short period of time. BTC price had corrections from 72k. We are in a range between 73k to 57k for more than 3month. We can have Short Position till 60-58K. BTC Long term period still bullish. But corrections may take more time. ✅ 📈 By the way there's a chance for Long and short positions on this descending channel. Also this channel look like Falling wedge pattern on lower frame time. So you can take short if fail to break trendline. If it doesn't fail you can take long position on pullback to the break point. 📉by salehazimi0
BTCUSD BTCUSD Open: 64000 SL: 63000 TP: 70000 ================================== Disclaimer: Any content in this text does not constitute investment advice. This text provides an objective description of the market situation and should not be considered an offer to sell or a solicitation to buy. Any decisions made based on the information provided in this text are your personal responsibility. Any investments made or to be made should be analyzed based on your financial situation and personal goals.Longby ahmedqotb19810