Stand StillHey guys and girls,
Here is an updated chart from my (Feb 29, 2024) post.
Sometimes I add a bit to what I have thought. let's do some math here:
Technical Section:
minute:
Wave 4 = 50% of wave 3 ($ 49k)
that was the end of it
Wave 3 is greater than 161.8% of wave 1 ----> Wave 5 = 261.8 % of wave 1 ----> Target = $ 89528
minor:
Wave C = 123.6% of wave A ----> Target = $ 92115
Conclusion: There is only one possibility for the long-term outlook. BTC is about to go vertical!
Appendix:
Stand pat! (Feb 29, 2024)
Dec 28, 2022 (This is what I am basing mine on for the bull market!)
Btcusdtlong
BTC - NEW ATH Approaches and ALTSEASONThe first time I started talking about my outlook for BTC in 2024, was in MAY. This is the original post where I first propose the Elliot Wave theory, with a 30% multi-month correction:
It's been a painful journey that required a lot of patience - but today, I am pleased to see that the idea has payed out by 95% so far.
The play has always been a "multi-month" approach, and now it is the last push towards the new ATH which I believe to be anywhere from 82K upwards.
_________________________
OKX:BTCUSDT
#BTC/USDT#BTC
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 70500
Entry price 70500
First target 71700
Second target 72660
Third target 73712
BTCUSDT Breaks Free: End of Consolidation, Next Stop 100,000?Hey Realistic Traders, let’s dig deeper into the analysis of BINANCE:BTCUSDT !
In the weekly timeframe, Bitcoin is in a bullish continuation phase, potentially marking the start of wave 5. It has also broken out of a Descending Broadening Wedge pattern that formed over more than half a year, signaling the end of a prolonged consolidation phase. Such breakouts from extended consolidation often confirm a continuation of the bullish trend. Additionally, the MACD has shown a bullish crossover , indicating building momentum.
Based on these technical factors, we project a potential upside toward the target at 88,293. Upon reaching this level, a pullback to the green support zone of around 70,000 could occur before the price advances to a secondary target at 104,542.
This outlook remains valid as long as the price holds above the stop-loss level at 56,930.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin.
BTC USDT Spot trade Bullish potential Bitcoin may see a potential pump starting from $69,100, with targets around $75,000 to $78,000. A breakout above $69,100 could signal bullish momentum, especially if accompanied by strong volume. Keep an eye on broader market indicators, as well as resistance levels approaching the target range. Consider a risk-managed entry with a stop-loss below $69,100 in case of reversal.
BITCOIN Poised Bollinger Band Bottom 4 Fast Break of 73,000
BTCUSD price a bit choppy the last few hours but only because of the triple top system its traversing to ultimately break above.
Price is situated at the bottom of Bollinger Bands and it looks bullish to me for a fast move up now past 73,000 and break out into new space very explosively.
Bitcoin Bull Flag Breakout Incoming – $100k Target!!Bitcoin is forming a bull flag pattern on the daily chart, hinting at a potential breakout that could propel the price towards $100,000. Currently trading at $65,859, Bitcoin is testing the upper boundary of the flag, with multiple rejections seen in previous attempts to break out. This consolidation within a descending channel, following a strong upward trend, suggests a bullish continuation if the breakout is confirmed.
If Bitcoin successfully breaches the flag’s resistance, the measured move from the prior leg indicates a target of $100k. Bull flags are known for signaling a continuation of the prevailing trend, and with Bitcoin’s bullish momentum intact, a breakout could lead to a significant surge. Traders should watch for a clean break above the upper trendline as a confirmation of this setup.
$BTCUSDT Bouncing from Demand Zone – Eyes on $75KBINANCE:BTCUSDT Bouncing from Demand Zone – Eyes on $75K with Strong ETF Inflows!!
After a significant uptrend, CRYPTOCAP:BTC experienced a healthy correction, finding support at a key demand zone. The current bounce from this level, marked by a bullish candle, signals a potential shift towards upward momentum. Volume is steadily increasing, which further strengthens the case for a continued move higher.
Additionally, there’s a notable rise in MARKETSCOM:BITCOIN ETF inflows, adding more fuel to the current rally. This confluence of bullish factors sets the stage for BTC to reach new highs, with $75,000 being the next major target on the horizon. Traders should watch for sustained volume and momentum as key indicators of this breakout.
GBP/USD "Cable" Bank Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist GBP/USD "Cable" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 30m timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Bitcoin (BTCUSDT) - 4H Timeframe - Massive Target Achieved!The Bitcoin (BTCUSDT) 4-hour chart reveals a successful long trade setup, with all pre-determined targets reached. Here's a breakdown of the key technical elements that guided this trade:
Entry Point: Positioned at $61,732.3, the trade setup aimed to capitalize on a bullish momentum, as indicated by strong support above the Risological dotted trend line.
Stop Loss: Strategically set at $60,316.2 to limit downside exposure while providing room for price fluctuation.
Target Points:
TP1: $63,482.7
TP2: $66,315.0
TP3: $69,147.4
TP4: $70,897.7 (final target successfully hit, confirming strong upward momentum
)
Volume Analysis: The trading volume stands at 56.92K, with an average of 120.91K over the past 30 days, indicating a slightly below-average activity level, yet sufficient to support the trend.
Bitcoin's successful breach through each target highlights robust bullish sentiment. Monitoring future price action will be crucial to gauge the sustainability of this trend, especially considering potential resistance levels post-TP4.
BTCUSD: Bullish Flag Breakout AheadBTCUSDT technical analysis update
At the bottom, Bitcoin formed a falling wedge pattern over 240 days. After breaking out, the price surged by 75%. Following this rise, BTC entered a 220-day consolidation phase, forming a rectangular continuation pattern, which led to a 133% increase after its breakout. Currently, BTC has been forming a flag pattern for the last 220 days, and in the next 10-20 days, we could see a breakout, potentially signaling another strong bullish move.
Regards
Hexa
Bitcoin: Cup and Handle Breakout PotentialBTCUSD technical analysis update
BTC has formed a Cup-and-handle pattern on the weekly chart over the last 1,100 days and is currently trading at $67,000, approaching a key resistance level. A breakout above this resistance would signal a potential upward trend. Once the breakout occurs, we could see a strong bullish move, with the potential for a 100% to 200% increase.
Regards
Hexa
BTCUSDT Golden Cross Signals Strong BullishBINANCE:BTCUSDT daily chart shows a Golden Cross, a pattern that has historically been a strong indicator of bullish momentum. A Golden Cross occurs when the 50-day moving average (MA 50, in purple) crosses above the 200-day moving average (MA 200, in blue). This crossover is generally viewed as a signal of a long-term trend reversal, suggesting that bullish momentum is building. Whenever this crossover has occurred in the past, Bitcoin has experienced substantial upward price movement in the following months.
Currently, CRYPTOCAP:BTC has broken through broadening wedge resistance levels on the daily chart and is trading near $71,000. This price action aligns with the Golden Cross, reinforcing the potential for a continued bullish move. With BTC consolidating above key levels, a breakout above $70K could trigger further buying interest and sustain the uptrend.
If BTC can hold its position above the 200-day MA and breakthrough additional key resistance levels, the price could continue to climb. Potential targets range from 100-200% gains from this level, similar to past Golden Cross rallies.
Regards
Hexa
BTCUSDT Strong Bullish Channel!BTCUSDT (Day Chart) technical analysis update
BTC price is breaking the channel resistance on the daily chart after 220 days of formation. The price is trading above both the 100 and 200 EMA, indicating a potential bullish move in the coming days. My next target is $100K. This is a perfect positional trade with a risk-reward ratio of 1:5."
Buy level: Below $66,000
Support: $58,500
Regards
Hexa
Bitcoin : Inverse head and shoulder pattern in the shorttermA reverse head and shoulder pattern has formed in the short-term BINANCE:BTCUSDT Bitcoin chart
This is a weak pattern, so you can be patient until you see a stronger and clearer pattern for confirmation
Trading Setup:
There is a Trading Signal to Buy in BTCUSDT Bitcoin (1h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 66700.0
⭕️SL @ 65600.0
🔵TP1 @ 69500.0
🔵TP2 @ 72000.0
🔵TP3 @ 74000.0
What are these signals based on?
head and shoulder pattern
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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BTCUSD I Forecast and trading plan Welcome back! Let me know your thoughts in the comments!
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BTC/USD "BITCOIN" Market Money Heist Plan on Bullish Side.Bonjour! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Will Bitcoin Take Off?Bitcoin's price has been moving sideways for the last 114 days after reaching a new ATH. Now, the price has dropped below the previous ATH.
In the early stage of the bull run, Bitcoin's price moved sideways for 210 days before making a significant bullish move. This time, we can expect a similar pattern, with the price likely continuing to move sideways for the next 1-2 months.
We can expect a bullish move in the middle or end of the third quarter of 2024.
Regards
hexa
BTC to ATHI think DXY will make one last spike up and then it’s in for a nice drop. That could also benefit cryptocurrencies, especially BTC. So, I’m expecting one more low to be taken out, which could theoretically go up to 60K (but I’m leaning more towards a max of 64,500). I’ll gradually start picking up longs and aim for ATH :)