no joke 30k comingbtc can fall to 30k stop above 78k If you agree with me, don't forget to like and share your comments. Shortby rozane3
Is it a good idea to YOLO on Bitcoin, or should we just...Is it a good idea to YOLO on Bitcoin, or should we just trade it with good risk management like any other pair? My recent signal should probably answer that... Risk management, and a solid trading plan gets you all the things you want in trading. Is it really this easy? Plan the Trade, Trade the Plan!by liquidity_trading_Updated 2227
BTC w/ Logarithmic charts and Pattern in Relative VolumeLooking at BTC in a Logarithmic chart as well with Relative volume. I've noticed a very distinct pattern in Relative volume . During consolidation before a breakout to new ATH Relative Volume goes from extreme highs to extreme lows with consistent character. This is occurring now as well. Have your bags ready expect to Breakout out by September 2024Longby AngryBuhda4
BTC/USD Breaking Out!Since March this year, price action on the weekly timeframe has outlined a potential bullish flag pattern, drawn from the all-time high of $73,845 and a low of $60,717. As you can see, the upper boundary is currently being challenged and is poised to cede ground. On the daily chart, the decision point area at $64,612-$66,484 held ground and opened the door to an inverted head and shoulders pattern’s (off $56,478) profit objective at $73,756, which aligns with the major crypto's all-time high. Given this technical context, it would appear buyers are set to remain in command and a test of all-time highs should not raise too many eyebrows. Longby FPMarkets2
BTCUSD readies itself for another push downIdea No : 05 our last 4 ideas were spot on (check our other ideas), lets talk about 5th BTCUSD has broken below 2 trendlines and currently testing another one, it is about to move lower to follow the red arrow lets see...Shortby myself4671
BTC as support 68k then Target is 78know again make fibo to look what we are doing .. basic levels mentioned 4H chart check CRYPRICH on medica tlgrmLongby drfahim2
Bitcoin is NVDA Charts looking very similar this year, reclaim of previous ATH, consolidation above and pump. I think #BTC will deliver something of the same We can go so much higher Lets all BULLIEVELongby GerardWalker555
Bitcoin(BTC/USD) Daily Chart Analysis For Week of June 7, 2024Technical Analysis and Outlook: Bitcoin has completed our designated Intermediary Squeeze Rebound 71500 and is on its way to continue the downward movement to a Mean Sup 67500, where we are expecting a Bull Stage movement to take place to retest the Mean Res 71500 and Key Res 73200, respectively. by TradeSelecter3
Double Tap on the Resistance (Almost) No One is Talking About.. So here we are again, and most are still barely paying attention to this resistance level.. I was right about the first rejection here so lets see if we can make it 2/2.. Could that double tap finally signal the beginning of the real sell off? BTC has lost that Green dotted support line and is in the process of retesting it as I type this. Lets see what happens, but this would make for a REALLY bad time for traditional markets to sell off.. 😬 Right shoulder down to my Buy Zone incoming? Shortby Alpaca_FredUpdated 114
Bitcoin | btcusdt | btcusd on the verge of a brekout Bitcoin | btcusdt | btcusd on the verge of a brekout BINANCE:BTCUSDT btc looks extremely bullish above $69305 , support $66660 by XDataAnalystUpdated 3
LONG Bitcoin during RED days always!Morning lads, Figured I'd share my view on BTC for the following weeks. There's a chance that instead of a channel, its a descending triangle on the daily, bringing prices to 50k. But Im gonna keep that in mind and hope we move up! This trade would help alts tremendously as well.. Trade thirsty, my friends..Longby mr_willmedinaUpdated 3
Bitcoin: Navigating "The Dow of Cryptocurrencies"Approaching a Pivotal Moment: Bitcoin, often dubbed "The Dow of cryptocurrencies," is on the brink of a significant development. Symmetrical Triangle Formation: Recent price action has seen consolidation near the all-time highs within a symmetrical triangle formation. Bullish Trend Continuation: Consolidations near highs in bull trends tend to resolve upward. The current breakout above the upper trendline suggests the potential for another substantial upward move in Bitcoin. Price Targets: A rise to the $90,000-$92,000 range is anticipated, with potential resistance around $80,000-$82,000. Vigilance Required: While a false breakout remains a possibility, as long as prices stay above the May 1st low, the path of least resistance is upward. This critical period demands close monitoring to navigate the potential outcomes effectively. Stay informed and stay ahead in the Bitcoin market! 🚀📈 #Bitcoin #Crypto #BTC #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #Blockchain #Trading by Richtv_official1
BTC breakout done - ready for next move ** CRYPTOCAP:BTC performed Falling wedge in 1D TF ** Keep eye on it Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow: 1. **Identify the Falling Wedge:** - Look for a downtrend in the price movement. - Identify converging trendlines where the upper trendline (resistance) slopes down at a steeper angle than the lower trendline (support). - The pattern resembles a wedge pointing downwards. 2. **Confirm the Falling Wedge:** - Confirm the pattern using other technical indicators like volume. Ideally, during the formation of a falling wedge, the trading volume should decrease. 3. **Wait for Breakout:** - Patiently wait for a breakout to occur. Breakout refers to the point where the price moves above the upper trendline of the falling wedge. - The breakout should ideally be accompanied by a noticeable increase in trading volume, confirming the strength of the breakout. 4. **Entry Point:** - Enter a long (buy) position as soon as the price breaks above the upper trendline. - Some traders prefer to wait for a confirmed close above the upper trendline to reduce the risk of false breakouts. 5. **Stop-Loss Placement:** - Set a stop-loss order below the lower trendline or a recent swing low. This helps limit potential losses in case the breakout fails and the price moves back into the wedge. 6. **Target Price:** - Determine a target price based on the height of the wedge. Measure the distance from the widest part of the wedge to the starting point of the wedge and project that distance upwards from the breakout point. Remember that trading always involves risks, and it's crucial to have a well-thought-out strategy, risk management plan, and the discipline to stick to your plan.Longby Crypto-Adda_OfficialUpdated 223
A BULLISH SCENTThe Pressure on 72K is accumulating power for a gravitational breakthrough for the crypto Indutry.....BRIGHTSON Longby stay_23Updated 116
Bitcoin Monthly chart - right on target A nice simple post showing you how PA has repeatably tested the previous ATH line for a period before pushing up to the next ATH. The Green circles show you this. Note how the periods just below the previous ATH line are getting longer. And we are now very close. But for those that are impatient for this move higher, Hang on...this is a monthly chart -> We may have to wait as long as September.... But it could be tomorrow..... But that move up is coming......................... ACCUMULATEby Orriginal2
3 Bull Patterns on BTC about to trigger a bullish domino effectPriceaction is now for the second time solidly back above the bull flag we had been consolidating inside for the past few months ever since hitting the newest ath. It has also gone up to complete the left shoulder of an inverse head and shoulders pattern that is also overlapping the bull flag. We have yet to take price action above that neckline but by the prices current bullish behavior and how its not being rejected that heavily I would expect that we can at least send a wick above the. Teal neckline of the invh&s pattern wishing the next few daily candles if not the current one. Often times price action will go above the neckline of an invh&S pattern and then back below it multiple times before the real breakout gets triggered however in this situation, if price can maintain support above the top trendline of the green bullflag it will likely breakout of the inv h&s with way less back and forth above and below the neckline. The bullflag breakout will bring the momentum necessary to also trigger the invh&s breakout and as priceaction heads to both measured move price targets it will also surpass the purple line and flip it to support s well which is the rimline of a massive cup and handle pattern. This all culminates into one big bullish domino effect and that confluence helps greatly increase the probability of all of thee patterns confirming their breakouts. Not to mention another big invh&s pattern we confirmed the break out from many months ago had a target of 82k and we still haven’t quite reached that yet and in doing so, we also would trigger all 3 of these patterns so it may actually be the most appropriate 1st domino of this domino effect(will link that chart pattern idea below). However these 3 dominoes are clustered all very nicely together so it should lead to a pretty explosive move upwards. The inv h&S’s target is around 86k the bullflag’s target around 101k and the cup and handle target is 133k respectively. One last thing to mention though is that I am basing the bullflag’s price target of 101 k off of the size of the flag pole we see here on the daily(as well as the weekly) chart. Once you flip the timeframe to the monthly chart, you actually can see the pole of the bullflag on that time frame is much bigger and brings the bullflag target up all the way to 117k. *not financial advice* by DrDovetailUpdated 2
Bitcoin areas of interest chartorder blocks with lack of 4 hr imbalances filled could possibly move to 66k region on NY by kaynestanwayb1
Bearish Divergence in $BTC chart in LTF#bitcoin #btc has formed bearish divergence although the price breakout the ascending channel. Better to be careful. Not financial advice.by naphyse1
$BTC Bitcoin...Transition 4m falling channel to head & ShouldersFrom my previous CRYPTOCAP:BTC bitcoin analysis, Bitcoin successfully retested the rising channel for higher prices. Current Price: $69800 On closer observation, Bitcoin has further transitioned from a Falling Channel to now an inverse head and shoulder pattern with neckline resistance around $71,500 If Bitcoin is going to move to higher prices then price action need to break key resistance btw 71500-73000 to make All time highs up to 84k. This will cause altcoins to rally for higher prices. Else if #Btc continues to reject $71500, then expect retest of previous support: 67k. Consequently altcoins will further lose value.05:39by Ifiok-2sydes3
BTCNot time to be bearish imo. Notice how after each halving, price chops about its price from date of halving for about a month or so. After this chop, as price continues to close above price from date of halving, it never looks back. Ever. Literally never goes back to the pre-halving price level.Longby jhonnybrah1
BTCUSD SeellMarket has sweept ARH and PDH we have displacement to the downside and IMB and MSS we enter off the IMB and target 1:2 RRR wth stops above the high Shortby Billionairegroup_co6
BTCUSD 9/6/2024BTCUSD is now still in the premium area where after the sweep price external daily low. I expect there will be a fall towards the discount in the near future. But I will wait for the price to enter the area that has been broken.Shortby EyonGaristerus1
BTC possible setupsTomorrow Monday 10th, I see a strong possibility of downward movement first, dropping to 67000 - 66000 area. Then, we need to observe whether there is possible for upward movement. Possible long area: 1. 68400-68700 if it breaks down, then, 2.67000-66400 If 66000 breaks, then t0 62000 area is possible. Let's see how the week plays out. by Shin_diamonds1