BTC-M
HelenP. I Bitcoin, after breaks support level, can continue fallHi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price rose to the resistance level, which coincided with the resistance zone, and when it reached it, the price made a correction movement. Then BTC rose back and repeated movement down and then continued to grow next. In a short time, the price broke the resistance level and reached the trend line, which soon broke too, and tried to grow next. But BTC couldn't rise more, turned around, and started to decline. Soon, it broke the 64600 level, made a retest, and then fell to the trend line, after which continued to decline next near this line. Also, it tried to rise but failed and dropped more, until to my past goal (60K) in the past idea, breaking the trend line and even declining a little below the 60800 support level. Next, it rose back, breaking the trend line again, but a not long time ago fell back to the support level, and now trying to break it. So, I expect that BTCUSDT will break the support level, make a retest, and then continue to decline to the trend line. For this case, I set my goal at 58800 points, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
Realio "RIO" Looks BULL on Daily but might dump to ~$0.85Looks kind of bullish on daily, but I would open short first to see where it will bottom or just wait for better entry.
We do have a bit bearish indicators on hourly timeframes.
Head & Shoulders Pattern.
Short:
Entry: 1.1825
SL : 1.25
TP: 0.85
Or just wait for Breakout confirmation and long it as it looks very Bullish.
Long:
Entry: 1.18 or any confirmation of breakout
SL: 1.13
TP: 2.23
R2F Weekly Analysis - 6th October 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
- R2F
BTC potential to continue down..Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
62,500,potential area to look for short,could see more downside to come..
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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The meaning of this volatility period
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If you look at the overall flow, you can see that the highs and lows are getting lower.
Therefore, we can say that this wave has an important meaning.
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However, what do you feel when you look at the current situation?
Don't you think it will go up soon?
Since the StochRSI indicator is showing an upward turn from the oversold zone, it feels like an upward wave will come out if it gets support near the current zone (61099.25-61759.99).
However, if it shows resistance near 61099.25, you will think that a downward wave will come out soon.
If you proceed with a transaction in advance at this time, it may only increase psychological anxiety due to the fluctuation range, so you need to be careful.
- In order for an upward trend to start, the price must rise above 64748.70-65920.71 and maintain it,
- In order for a downward trend to start, the price must fall below 56204.13 and maintain it.
Therefore, the current section, 61099.2-61759.99, can be seen as the middle section of the section where an upward and downward wave begins.
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We have one reference information for starting a transaction.
That is the BW indicator.
This is because when the BW indicator forms a horizontal line at the lowest point (0) or highest point (100), it can be judged as a signal that it is time to start a transaction.
Then, you can refer to the movements of the three auxiliary indicators, StochRSI, DMI, and OBV indicators to determine the trading time.
I will say this again, in order to talk about auxiliary indicators, the support and resistance points drawn on the 1M, 1W, and 1D charts must exist near the price position.
If there are no support and resistance points drawn on the 1M, 1W, and 1D charts, it is better not to proceed with the trade.
Otherwise, if you start trading, it is highly likely that you will not be able to respond properly due to the fluctuations as the trade progresses.
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Currently, OBV is located at the 1.0 point.
This means that it is located between the middle point of the box section and the upper point of the box section.
Therefore, it also means that it is in a position where it can rise at any time.
However, since other auxiliary indicators (StochRSI, DMI) are not yet showing an upward trend, it is burdensome to start trading.
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Since the OBV of the 1M, 1W charts are showing a convergence, it seems likely that the direction in which it moves in the current section will determine the future trend.
Therefore, we need to check what kind of movement it shows after this volatility period (up to October 4-11).
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale upward trend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Bitcoin Bear BoxIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Followed the yellow path laid out last week, good week.
Count down is a bit messy, the market can get messy.
Held 60k and now returning to an AOI for me.
If this is going to continue down, a reaction in this box is ideal.
Trade Safe,
Trade Clarity.
10/4 Nice rebound. Can we crash now? Overview:
The AMEX:SPY opened Friday significantly higher than Thursday’s close, forming a bullish hammer candle and edging closer to its all-time high. This week closed higher than the previous week, though the previous week did see higher prices.
The NASDAQ:QQQ mirrored the S&P’s action, showing similar price movement. BlackRock continues dollar-cost averaging into its ETH ETF, while other major players remain on the sidelines.
One critical trend to monitor: Bitcoin has historically struggled to hit new all-time highs or maintain upward momentum when the Global Liquidity Index is in decline. Unfortunately, the index has been falling for the past 19 days.
You can learn more about Global Liquidity Index and add it to your chart:
The CME Fed Watch Tool has now removed the possibility of a half-percentage point rate cut in November, replacing it with a chance of no rate cut at all. Currently, 2.6% of traders believe there will be no rate cut in November, while 97.4% expect a 1 basis point cut. Even with a rate cut, it will take time for liquidity to flow back into markets. By the time that happens, Bitcoin may hit its bottom for this cycle, signaling the start of a new bullish phase. Be sure to have cash ready for that opportunity.
BTC Technical Analysis:
W: BTC’s price is nearing the Bollinger Band Moving Average (BB MA) at $62.6k. If Sunday’s price rises by $456, it would close at or above that level, offering temporary hope to bulls. However, a more critical level to watch is the previous weekly close at $64.1k.
D : After a significant pullback from the bull trap, daily resistance is set at $63.3k. Breaking that level will require significant momentum.
4h & 1h: No clear signals on these timeframes. In a limbo.
Altcoins Relative to BTC:
APT and TAO have remained stable over the last 5 days, showing no significant declines after BTC’s bull trap. Shorting opportunities might arise soon.
Bull Case: Looking at the past 28 days, we see a clear bullish trend with higher highs and higher lows. As liquidity eventually enters the market, more capital could flow into crypto, pushing prices higher.
Bear Case: On a broader scale, since the start of the year, the market is still showing lower highs and lower lows, suggesting bearish risks are still present.
Fear and Greed Index: 40.78 – Back to neutral.
Bitcoin : Downtrend Line Breakout
CRYPTO:BTCUSD Bitcoin : Uptrend signs can be seen in the short-term
After the price correction, it hit the resistance zone of $66,000 to the $60,000 support area
Now the corrective trend line has been broken and there is a possibility of short-term price uptrend
The uptrend wave continues until the support 60k is broken
Trading Setup:
There is a Trading Signal to Buy in BTCUSDT Bitcoin (4h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 61300.00
⭕️SL @ 59700.00
🔵TP1 @ 65500.00
🔵TP2 @ 69000.00
🔵TP3 @ 73500.00
Previous signa l
What are these signals based on?
Classical Technical Analysis
Price Action
Candlesticks
Fibonacci
RSI
Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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(BTC) October predictions - BEAR & BULLHello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
Alright.. the chart explains itself as you can see
We got 2 scenarios/targets for October:
Bull targets-> 66k-70k
Bear targets-> 52k-46k
I do find it more likely to go up than down.. Why?
Well Q4 in a bull market is usually heavy green and
especially towards a presidential election
Anyway, Keep in mind this is only an idea/prediction
that could easily be wrong in many ways.
I will update this post in the future!
BOOST if you like it and follow for more
NFA DYOR <<<<-----
Bitcoin: looks like we're on track (check previous post)In my previous post I talked about a potential head & shoulder forming. Now, a while later, it shows that it is actually following the idea. This could be a big indicator that the market is done with accumulating and making itself ready for a good old pump.
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BTC btc "arrowhead"neutral zone orange line based on past moving averages and current measurement up to november 1st 2024,. Purple lines represent arrowhead fibonacci of price above and below the standard average neutral between support and resistance based from all the way back to october 2024, one year prior. Not a lot of activity above 160%, main range of bitcoin remaining in 78% lower half and over 100% gains upper region.
Support range: 61099.25-61759.99
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If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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As the volatility period began, the movement in the opposite direction as expected occurred.
Even if it rises, it was expected to be around 61759.99, but it has risen more.
Accordingly, the key is whether it can receive support around 61099.25-61759.99.
This volatility period is expected to be around October 5-10 (up to October 4-11).
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Since it has risen above 61759.99, you need to check if the StochRSI indicator rises in the oversold zone or switches to a state where StochRSI > StochRSI EMA.
If not, if you buy first, you are likely to feel psychologically uneasy.
Therefore, if it continues to rise, it is recommended to check if it is supported near 62856.30.
If you want to buy when the BW indicator or StochRSI indicator does not meet the purchase timing conditions, it is recommended to approach it with scalping or day trading.
Important support and resistance zones are marked with circles, so you should respond depending on how these zones are broken.
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Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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