Bitcoin weekly roadmapHi guys, I hope the growth of Bitcoin has brought you rich profits.
What happened today was that we expected a temporary drop to fill the FVG area, which it did and it bounced back to 47,000.
This upward trend continues until reaching the price area of 48000, the existence of a lot of liquidity and more resistance can bring the price back from this area.
My idea is that Bitcoin will grow to the supply area of 48000.
By collecting all the liquidity in this area, the price will experience a decrease to the demand areas of 43550 and 41250.
Of course, you should keep in mind that with the news that will come for Bitcoin on Wednesday, let's have the possibility of any reaction for Bitcoin.
Adjust your trades with optimal risk and guaranteed loss limit.
If such analyzes are useful for you, I will be happy to support you and share your opinions with me in the comments section.
Btcusdtlong
BTC ANALYSIS🔮 #BTC Analysis 💰💰
🌟🚀 As we can see that there is a bullish divergence in #BTC in 4hr time frame. We can see a little upside moment in #BTC.📈📈
🔖Current Price --- $41290
🎯Target Price -----$44000
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #BTC. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#BTC #Cryptocurrency #DYOR
BTCUSD M30 / LONG TRADE ACTIVE ON BITCOIN💲🚀Hello Traders!
As you can see, the chart has tested multiple times the resistance level, and now I expect a STRONG BULLISH MOVE.
In the previous idea, I expected an increase after testing the resistance level.
Now the long trade is ACTIVE.
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www.tradingview.com
BTC Preparing for the Correction before Halving?Currently, BTC broke the internal (4H) uptrend market structure. 📉
Higher Timeframe (1D) Low not broke yet which is around 40k. (Which remaining uptrend) 📈
But internal market structure broken, and now it could try to retest the 50-60% fib level with the huge Fair Value Gap (FVG) as a confluence.
BTC also now in multiple trend line support, so we can aspect the upside movement attest the confluence FVG level. (Black Marked Zone)
BTCUSDT at daily support, likely to bounce to 46900The price was pushed down by the weekly resistance 1WR1. This was a significant drop which made the price drop by almost 15% from the recent high. The drop made the price land into daily support which is a strong support zone as there had been long accummulation in this area and therefore a sound bounce is expected from here. I think a long is favorable here. It is likely that this drop marks the bottom for the next leg up clearing the recent high. However, we focus on the current trade opportunity which has teh target of weekly resisatnce.
BTCUSDT: Will it hit $48000? Still remain uncertainBTCUSDT remain uncertain since last two weeks price have continuosly failed to breakthrough 44k region remain sellers strong hold. Still expecting price to bounce back and create a HH. There is high possibility that price even can drop 35k area if we see no strong bullish momentum in coming days.
Comment Down your views on btcusdt?
Trend Lines & Their Significance in Minervini's Trading StrategyIntroduction
In the world of stock trading, trend lines are vital tools for investors and traders alike. Mark Minervini, an acclaimed swing trader, is known for his strategic use of trend lines in assessing the strength of stock movements. This article delves into Minervini's approach, highlighting how he utilizes trend lines to identify optimal trade entries and exits, and emphasizes the significance of upward trend consistency in his methods.
Utilizing Trend Lines to Gauge Stock Movement Strength
Minervini leverages trend lines to evaluate the momentum and strength of a stock's movement. By connecting the lows in an upward trend or the highs in a downward trend, he creates a visual representation of the stock’s trajectory. This technique allows him to discern the stock's current trend, be it bullish or bearish, and gauge its strength. A steeper trend line indicates a stronger movement, whereas a flatter line suggests a weaker trend. In Minervini’s strategy, the angle and longevity of these trend lines are critical factors in assessing a stock's potential for continued movement in its current direction.
Identifying Trade Entries and Exits
Trend lines are more than just indicators of stock movement; they are crucial for identifying potential trade entries and exits. Minervini uses two types of trend lines: support and resistance. A support line is drawn along the low points of a stock's price, indicating a level where the price tends to find support and bounce back upwards. Conversely, a resistance line connects the high points, highlighting a price level where the stock often faces selling pressure.
For Minervini, a break above a resistance trend line signals a potential entry point, indicating that the stock might continue to climb. Similarly, a break below a support line might suggest an exit point or a short-selling opportunity, indicating that the stock could be entering a downtrend. These trend lines, therefore, play a pivotal role in his decision-making process, guiding him on when to enter or exit a trade.
The Importance of Upward Trend Consistency
In Minervini's method, consistency in an upward trend is a key factor. He looks for stocks that show a sustained upward trend, marked by higher highs and higher lows, which are typically indicative of strong buyer interest and positive momentum. This consistency not only suggests a robust bullish sentiment but also provides a measure of safety, as stocks in a consistent uptrend are less likely to experience sudden drops.
Moreover, Minervini emphasizes the importance of volume in these trends. An upward trend accompanied by increasing volume can be a sign of strong investor confidence, adding further credence to the strength of the trend. Conversely, an upward trend with declining volume may signal a loss of momentum, prompting a more cautious approach.
Conclusion
Mark Minervini’s use of trend lines is a testament to their importance in stock trading. By carefully analyzing these lines for both support and resistance, and prioritizing stocks with a consistent upward trend, he is able to make informed decisions about trade entries and exits. For traders looking to enhance their strategies, incorporating Minervini's approach to trend lines can be a valuable addition to their trading toolkit, offering a clearer perspective on the strengths and potential directions of stock movements.
Bitcoin to $1,000,000 Intuitional takeover . 2025
Lets recap the bear market,
1. Retail destroyed ☑️.
2. Fraudulent exchanges shutdown prior to intuitional bank exchanges opening ☑️.
3. Bitcoin halving next year in 2024 ☑️
4. Bitcoin sitting at an all time time low on the strength index ☑️.
5. Every halving has led to a gigantic blow off top of adoption ☑️.
6. Intuitions have allocated to Bitcoin via MSTR / Miners ☑️.
7. All the kid experts are still short a US stock market that is incredibly undervalued adjusted to the M2 supply ☑️.
8. 5.692 Trillion in money market funds waiting on rate pauses☑️.
9. Bitcoin miners have been granted a pass by the SEC meaning they are clearing Bitcoin for the main stage ☑️.
I'm really not sure what else people want for a perfect entry over the next few years for this asset, on top of that most derivatives are pricing this not happening as retail are selling the contracts still.
P.S Saylor is either going to go down as a man trying to defend his company or he is going to be in the top 10 richest people of the world. Hard enough defending millions try defending billions.
SAYLOR MICHAEL J MICROSTATEGY
2023-02-14 13G/A Citadel Securities GP LLC
2023-02-14 13G SUSQUEHANNA SECURITIES, LLC
2023-02-14 13G JANE STREET GROUP, LLC
2023-02-13 13G/A Capital World Investors
2023-02-13 13G/A Capital International Investors
2023-02-10 13G/A GROUP ONE TRADING, L.P.
2023-02-09 13G/A VANGUARD GROUP INC
2023-02-03 13G/A BlackRock Inc.
BTCUSDT. Here's where we we're headed tooIf the market momemtum/sentiments and fluctuating prices of the crypto market is confusing you, technicals analysis is your best friend.
1) Monthly: No explanation needed. We're on a clear path to 60,653, after a couple of retest on the month + week support/resist zone.
2) Weekly: Similar story on the monthly, with 2 minor resistance levels to clear. Scalpers zone right now, milking short term volatile gains.
Good time to enter and hold TBH. #NFA #MyOwnOpinion
3) Day: Talking the month and weekl resistance zone, I forecasted an ascending triangle pattern for bullish momentum to continue, after completing its sideways trend
*The longer the consolidation, the stronger the pump.
My personal entries.
- Entered long on 41,363, when resist turned supoort.
- Buy limit on 46,700 (expecting retracements from 50,000 level
BTC/USD Bullish movementHello Crypto Enthusiasts,
🚀 Exciting news! Master Chef is back in the kitchen, ready to serve up some piping hot hypotheses on crypto tokens, including potential meme tokens for us all to feast our eyes on! 🍲 Today, let's delve into why BTC is set to soar to new heights.
1.) 📈 EMA Health Check: The 4-hour time frame EMAs are looking fit and fabulous. Could this be the start of a glorious trend continuation? Let's explore!
2.) 🚀 Bullish Pennant Unveiled: Post-recent pump analysis reveals a promising bullish pennant formation. Buckle up for potential upward swings!
3.) 🌕 Bullish Moon Vibes: Riding the wave of a bullish moon cycle. The stars (and the moon) are aligning for a probable continuation of the upward trend.
Hold on to your seats, as my next post and surprise live video session won't just be about the crypto classics. I've got my eyes on a mysterious meme token that has captured my interest. 🕵️♂️
Tap that ❤️ and hit the share button if you're hungry for more insights and want me to uncover a hidden gem in my upcoming posts.
Let's cook up some crypto magic together! 🔮✨ #CryptoMagic #BitcoinRising #HiddenGems 🚀🌙
"Bitcoin's Bullish Momentum: Cloud Surge, Triangle Breakout"Bitcoin (BTC) has recently experienced a significant surge in price, characterized by a notable increase in trading volume, particularly evident in the Ichimoku cloud. This surge coincides with a breakout from a symmetrical triangle pattern, a technical analysis formation often regarded as a precursor to substantial price movements.
The Ichimoku cloud, a popular indicator in technical analysis, is comprised of various components, including the Senkou Span A and Senkou Span B, which form a cloud-like area on the price chart. The fact that BTC's price movement aligns with an expansion in the Ichimoku cloud suggests increased market activity and potential for sustained momentum.
The breakout from the symmetrical triangle pattern adds another layer of significance to this price action. Symmetrical triangles are typically considered consolidation patterns, with a breakout indicating a potential shift in market sentiment. In this case, the breakout is bullish, suggesting a favorable outlook for Bitcoin's price.
Momentum indicators further support the notion of a continued bullish rally. Traders often use indicators like the Moving Average Convergence Divergence (MACD) or the Relative Strength Index (RSI) to gauge the strength of a trend. If these indicators show positive momentum, it reinforces the likelihood of the trend's continuation.
Additionally, the concept of a successful retest of the triangle is crucial in technical analysis. After a breakout, prices often retest the broken level to confirm its newfound support or resistance. A successful retest of the symmetrical triangle in this context could provide traders with additional confidence in the sustainability of the upward trend.
In summary, the combination of a volume-driven pump from the Ichimoku cloud, a breakout from the symmetrical triangle pattern, and positive momentum indicators collectively suggest a bullish outlook for Bitcoin. Traders and investors may closely monitor the market for potential opportunities, especially if a successful retest of the triangle occurs, further solidifying the upward trend.
BTC Update - 06.01.2024 / 4 setups in one timeI don't see situations in the market at the moment, but the picture on bitcoin is very interesting, I see several situations for entry on it.
1 hour chart: almost filled the 4 hour imbalance and accumulated liquidity on both sides, from which I would watch the reaction.
Long POI:
- Compression (41920): in the moment would watch the performance of the off on the ltf and decide to enter.
- Key low (40333): here I would also wait for the Long order flop on ltf to nucleate and then take a position.
Short POI:
- Equal highs + FF (44840.8): everything is the same only shorted.
- Key High (45950): I would be careful with this zone of interest, I would take a position only if the structure breaks at 30m and above.
Not a financial advice, always observe the risks and watch the reaction in the points of interest and only then make your entry into the position!
BTCUSD: US dollar strengthens as US bond yields rise pending relInvestors are bracing for a busy week ahead of key economic data, including European inflation data and U.S. employment and non-farm payrolls. These numbers will go a long way in shaping the Federal Reserve and European Central Bank's expectations for monetary policy decisions.
Details of the Fed's discussions are expected to be revealed on Wednesday when the minutes of the December Federal Open Market Committee meeting are released.
According to the CME FedWatch tool, market sentiment reflects an 82% chance that the Fed will start cutting interest rates in March, with more than 150 basis points of easing expected by the end of the year.
Traders are also keeping an eye on volatile oil prices due to concerns about potential supply disruptions in the Middle East following recent attacks on container ships in the Red Sea. In the crypto market, Bitcoin has risen 3.25% since the beginning of the year, reaching its highest level since April 2022, on expectations that the U.S. Securities and Exchange Commission will soon approve Bitcoin spot fund trading. did.
🚀 #Bitcoin ETF Roadmap, $54k by January End??🚀
Our last 3 Roadmap charts have been spot-on and quite viral too, Thanks for your support so far!
Let's get back to the chart!
Analyzing the current market conditions, We're still on track to reach the top of the 5th wave, expected to be in the $47,000 to $54,000 range.
Following that, we anticipate an ABC correction.
This upcoming move will essentially confirm the accuracy of our Elliott Wave Theory, which has accurately predicted each wave precisely over the past two months.
Other technical rationale behind this projection:
1. Fractals: Examination of fractal patterns on the charts reveals similar PA during the last 5 months before the halving! (Charts will be posted soon)
2. Multiple Indicators: Various technical indicators align, emphasizing the bullish sentiment including much anticipated ETF News!
3. Elliot Wave Theory: So far every single wave has been on track, the 5th wave will complete our 2-month-long EW Wave.
Anticipate this movement within the coming week, but it's crucial to remain prepared for potential market shifts.
Invalidation point: A close below $41,200 could signal a deviation from the anticipated trend.
If you find this chart useful, please consider giving it a thumbs up and sharing it. Feel free to bookmark it to stay informed about any market shifts.
DYOR, NFA
Thank you
PEACE