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Btcusdshort

WILL BLACKROCK BTC ETF GIVE BTC UNEXPECTED $31K BREAKOUT?BTC is currently maintaining a stable outlook following the recent downward trend. Since BTC has not dropped below the 23K mark, it is holding a crucial level of support. The main question now is whether the upcoming BlackRock Bitcoin application will impact the price movement. From a broader perspective, BTC is still considered to be in a positive position. If BTC manages to sustain its upward trend and avoids dropping below 23K in the short term, there is a good possibility of a new breakout. This would result in an increase in price, pushing it towards a significant resistance level of 31K after reaching 26K. it's important to check the coming time frame, which can play an important trend for the main BTC side. The bullish long-term view if the trend holds the levels can be $47K
Long
by Goldenbreakout
3
💡Signs of the FALL of Bitcoin(4-hour time frame)💡Bitcoin has NOT seen an upward or downward Sharpie movement for about 12 days and is moving in the form of a Range market ; this Range movement generally causes the formation of a Rectangle pattern . Bitcoin is currently moving above the rectangle pattern and the 🔴 resistance zone($31,420-$31,220) 🔴. 💡 Signs 💡 of Bitcoin falling again from the resistance zone can be candlestick patterns: Hanging Man , Shooting Star , and Marubozu Candle . Also, if we look at the RSI indicator , we can see that there is a strong Regular Divergence (RD-) between two consecutive peaks inside the rectangle pattern. In addition, the RSI indicator seems to be issuing one of the most reliable sell signals, the Bearish Failure Swing .👇 🔔I expect Bitcoin to fall to at least the 🟢 support zone($29,860-$29,420) 🟢 and the bottom of the rectangle pattern after breaking the uptrend line . Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
64
Bitcoin decline after completion of pullback(1-hour time frame)Hi everyone👋 (Reading time less than 2 minutes⏰). First, I recommend you look at the 4-hour Bitcoin chart I shared yesterday.👇 Bitcoin started to decline after contacting the upper line of the rectangle pattern ; the first support in front of Bitcoin was the uptrend line . Bitcoin managed to break the uptrend line (as I expected in yesterday's post) and started to go down and managed to break the 🟢 support zone($30,700-$30,560) 🟢 a few hours ago. Bitcoin is currently completing a pullback to the broken 🟢 support zone($30,700-$30,560) 🟢. Also, the 20 Simple Moving Average (20-SMA) went below the 60-SMA , which is a sell signal , and the resistance in front of the Bitcoin are 20-SMA and downtrend line , which has reacted well to this extreme move in the previous two minor pivots . 🔔I expect Bitcoin to fall to at least the 🟢 support zone($29,860-$29,420) 🟢 and the bottom of the rectangle pattern. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
15
Bitcoin - exit from the triangle is a bullshit for the bulls?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Opened a scalp trade for BTC 20% of the deposit. Technical: the price of the asset has formed a classic "triangle" pattern at 2H with a breakdown of the upper border. I think that this exit was for the removal of stop-loss, and soon the price will go to confirm the support of the pattern. Deal plan: Entrance - 30,800/30,960$ Stop - $31,610 Take - 30,050/29,700$ P.S: guys, this is a scalp trade, try not to risk too much and take a position with a short stop loss, with any profit we move the stop to the second. Happy trading and good mood everyone!
BITSTAMP:BTCUSDShort
by DanilBlinkov
📈 BTC Trade Setup📈 BTC Trade Setup: Potential Upside Move Based on SMC Concept 📉💡 🔍 Trade Setup: Entry: $30,260 Target: $30,905 Stop Loss: $30,175 📊 Analysis: BTC is currently trading at $30,495. Based on the Smart Money Concept, consider entering a long position at $30,260, anticipating an upward move. Set the target at $30,905 and place a stop loss at $30,175 to manage risk. ⚡️ Probability Analysis: Taking into account the SMC concept, there is a probability of a price increase. Traders should closely monitor the price action for confirmation of the anticipated move. #BTC #TradingSetup #SMCConcept
Long
by TheNewsCrypto
19
Bitcoin – Doomsday ScenarioTLDR: Although I am not at all bearish on Bitcoin, I think that as traders we should be prepared for every eventuality. I listed the warning signs that may herald a bearish reversal and key level in which a reversal to the upside may be possible. This is a limited scenario. I don’t think a 10K Bitcoin is likely and there is no point is discussing such a possibility ATM. Bearish Signals: Prelude: Allow me to point out that there are two huge liquidity pools between 20K to 23.8K. Market Makers don’t like to leave such an imbalance behind before taking the market higher. I am not saying that we have to retrace but, it’s a possibility. 1. The loss of the up trending diagonal support line. The altcoin market is an example that once an up-trending support line is breached, more downside is likely. I can forgive a short period below the diagonal support but, a sustained or reoccurring break is the first sign of a downtrend. For example: The loss of Bitcoin’s diagonal support that initiated the markdown phase in December of 2021. you can look at almost all the altcoin charts and see the same picture. 2. The loss of the 25,200 USD horizontal support level. You equivocate the 25,200 level to the 53K level during the bull market. It a crucial level because it is the difference between trading in a range to the beginning of an uptrend. 3. The loss of the 200 D EMA. Currently at 23,800 USD. The 200 D EMA is the line in the sand. Once price breaks this level our bias is formally bearish, and traders will tend to go short on every opportunity. 4. The loss of the 23K level. If you look at the VRVP, you will see a high-volume node at 23K. this level can be a reversal point for price or the final seal on Bitcoin’s coffin. 5. If we lose the 23K level, then it’s pretty much over and 20K will be next. If this happens, we’ll take it up from there. No use discussing it now. Again, let me say that ATM I am looking for upside. However, we are traders, and we can make money if the market moves up or down. We need to be prepared and without bias clouding our judgment. NFA. What do you think? Please share in the comments. Best wishes to all.
by NewThoughtCrypto