BTC/USDT. #BITCOIN ON RESISTANCE 🔴
Expecting Little Retracement And Then Towards 25K 🚀
Not SHORTING Here But Will LONG Above RESISTANCE 👍
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Btcusdlong
#BTC/USDT is breaking every resistance, What's next?BTC broke out of every single resistance without any retracement.
This shows how strong this uptrend is.
In this daily chart, there's no solid resistance but $28k-$30k.
Lower support is around $22k , $20.7k
This is an important development in the price.
However looking into the weekly chart, BTC will face significant resistance around the $24k-$25k area.
So what's my plan?
I will hold on to my BTC long position which I longed publically for around $16400 and keep some USDT aside.
Alts in BTC pair will bleed when BTC pumps like this.
IMHO the best thing to do is to hold BTC and long the Altcoin dips on leverage.
NO FOMO longs though.
Wait for the red day to long.
BTC will face resistance around the $24k level once it breaks that level the target will be $30k.
This is not financial advice, DYOR.
Let me know what you think and hit the like button if you like it.
#PEACE
BTCUSD Analysis and My personal ViewBTC USDT is yet to reach the lower target of 14.5k to 12k.
It bounced upward around 15.5k to 16k region strongly now there's hope that it can go up further but there's no confirmation yet.
Because BTC might face strong resistance at 23k to 24k. after that 30k to 31k region. Share your views in the comments. Thank You
#Bitcoin potential targets if uptrend holdsSo far #Bitcoin has failed to hold its bearish breakout underneath TR3 (Trading Range 3) - once price re-entered the trading range it quickly moved to the other side performing a breakout, a sign sellers are trapped.
If the price continues to hold above the TR3 breakout successfully then it has a likelihood of visiting the previous breakdown area at TR2 (Trading Range 2) marked by red. Potentially even further depending on market conditions.
I am bullish on #BTC while price stays above the $21000 area, if price closes underneath there on the weekly or daily timeframe I will consider myself incorrect, meanwhile if it holds above then I will be targeting 26500-32000 as a take profit area (the previous "Bearish Breakdown" areas.
BTC Short Term UpdateBTC / USDT
If this is a real bottom as we think ..BTC wont pullback much when all wanted that !
As long as the bull flag (channel) in my chart still intact the priority is bullish.. priority to the breakout to upside
I will talk about the bears if this pattern is invalidated but for now everything fine
BTC Price Analysis LONNNGGGG!!Hello and good day to you! Hope all of your trading days are going great!
So here's BTC In a LONG situation.
BTC Needs to hold the 19600-20120 LVL no as support in order to continue on to the upside.
Our next target lvls to watch out for are going to be the 21159-21582 LVLs If broken we could see a test at the 23113 LVL
Then our next MAJOR LVL to look out for will be around the 24300 -25050 LVLs Which have a HUGE line of support..
Happy trading to all :) leave a comment or like, please! I'd love to hear what you think of my ideas! :)
Have an amazing day all!
BTCI want to say bottoms in but really can't, all prior corrections have corrected around 84-86%.
Now that doesn't mean 77% correction isn't possible as this is BTC and anything is possible.
But seems like there is much confluence around $10,000 and a push here to $25k would need to keep running in order to invalidate my analysis.
Seems more probable that $24-$26K holds the B wave move and we get a final nuke to $10,000 to finish up this part of the correction.
Looking at weekly, 3D stoch rsi and we see that BTC has hit overbought while struggling to break $22k and flip $20K into support.
Monthly stoch rsi very oversold, but the longer is remains oversold the weaker the move up into overbought can be.
But I think while BTC stays flat to up and finishes working out the Wave B here that many altcoins can pump.
So for now jury is out on bottoms in callers IMO.
BTCUSD: What Should You Expect After the Breakout? 🤨| Jan. 20Looks like the bulls have finally managed to take control after a long sideways battle.
In our previous analysis posted on CoinMarketCap Alexandria, we expected the price to continue the rally after breaking above the $17,700 level. We had anticipated the price to test the resistance at $19,750, which was seen on Monday. BTC extended its gains to $21,660 before being rejected by the supply zone.
At the time of writing, it looks like BTC is consolidating after the strong rally. Traders can expect a sideway movement for a few days between the range of $20,000 and $21,700.
Once the price is able to break out of the sideways zone, the path to the next resistance at $22,800 will be clear.
However, traders must be cautious as this consolidation could also lead to a breakdown of the support at $20,000. If this breakdown happens, expect the price to plummet to $17,700 once again. To be safe, traders can wait for a breakout from the consolidation phase.
The major points of interest are $20,000 and $21,700.
BTC GOING TO 32000$?Although according to the previous analysis, I believed that Bitcoin will fall to 11450 and even lower, but market fluctuations and high energy took Bit to the price of $18,000, so now I believe that the whales took Bitcoin above $18,000 and allowed it to fall further. They did not give and they have manipulated the market. But whatever it is, the new analysis shows that Bitcoin has just started its way, and the candles are breaking the blue trend line, and Chico Span is crossing the Tenken Sen, and we shouldn't wait for the Kijun Sen to break.
I believe that when the blue trend line is broken by the candles, the next move for Bitcoin is to hit the red trend line. But all in all, Bitcoin should reach 50% Fibonacci and the price will continue until 50% Fibonacci equals $32,400. Although there is a weak upward energy in the positive movement of MACD, let us know that this energy is positive and it seems that the beginning of a positive but alive energy is like a bow and arrow that arches itself to shoot up.
BTC Halving Count Down = 1 year & 2 Months . Accumulation Zone?Posting this up as reference . . . DCA 2023
Looking at the history, different cycles have had various bottoming patterns but over the next year the risk to reward seems to be good. if you can get the average price of the next year via DCA maybe post halving will show positive returns.
can bitcoin reach 400k?hello traders,
I haven't seen anyone talk about this subject technically, today I will reveal a maneuver that I have been observing in detail and encouraging me to publish.
* This is not a recommendation to buy or sell, but a vision that I have been observing since 2020.
I see the possibility of the market playing a C leg (of the abc pattern) inside wave 3, closing the target between 300k to 400k, but it is necessary that the top of the 30k confirm the support, say that ellon musk is looking to buy right? : D
NOTE: at the same time, I see the possibility of bitcoin going up to 1.8k in this case I do a complete analysis if you help me reach 500 subscribers on t3L3gram :)
I know the graph is polluted, but I put some images below for you to compare;)
1:
2
bitcoin possibility of a huge historical correctionbitcoin possibility of a huge historical correction
bitcoin manage your risk there is a possibility of a huge historical correction if the market is not bullish
my bullish view is rejection of the disruption of
If the market falls below, my opinion is that we closed a wave 5 of the whole history of bitcoin and we will correct it strongly ...
This pattern is called the top trap by the wycoff method
Where is BTC going?nothing to really do this week other than wait and let the market make more movements.
There are 3 scenarios that i can see happening.
1. i would like to see a pull back into 19300 mark before seeing a climb back higher
2. market will look to liquidate early sellers from 22000 top 22500 area before pushing down towards that 19300 area
3. market just blows right up into 24600 area
What i ultimately would like to see is scenario 2 with a slight manipulation above the current highs to get rid of all sellers before pushing back down towards 19300 area
BITCOIN UPDATES
Im expecting Price goes up here, but before that price ranging 20800-20500, then manipulate that previous low to induce short sellers, t
Then price goes back up, still price has room to goes up on previous high.
Trade base on your own decission, come and check me out.
I posted daily analysis.
"BTCUDT" LONG OPPORTUNITY!!We can see that BTCUSDT in 1 hour time frame is following a Ascending traiangle Pattern . If the market breaks the pattern with good vulume we can look for a good LONG OPPORTUNITY in FUTURES . Enrty zone when the candle breaks the trendline at "21428" with a STOPLOSS at "21321" and TARGET at "22409".
ENJOY!!!!!