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Btcusdtlong

Target AREA 25958-25334 HIT!! End of sub-millennium WAVE A of X!OH YEAH.... take profit!! BITCOIN just hit my projected target area of 25958-25334 for a $3000 drop from WAVE 4 (28172). BITCOIN just ended sub-millennium WAVE A of X at a very significant pivot point since now BITCOIN will begin a BULLISH sub-millennium WAVE B of X. This will be a VERY BULLISH WAVE B of X since a sub-millennium WAVE is the 3rd largest WAVE in the history of BITCOIN. I'll post my target area for WAVE B of X on my next post. Please check your chart and let me know what you think.
BITSTAMP:BTCUSDLong
by jmlopez2
Below 28.5k: Shorting Opportunities, Longs at 26k+ for 30k+Hey everyone, let's take a moment to discuss the current BTCUSDT levels and the exciting trading opportunities they present! As we've mentioned before, there are two important levels we need to keep an eye on. First, below the 28.5k mark, we have some intriguing shorting opportunities. This means we can potentially profit from downward movements in price by entering short positions. On the other hand, we have our long positions. Once the price reaches the 26k level or drops below it, it's time to unleash our long positions and ride the upward momentum. This opens the door to potential profits at 30k and beyond. Trading always involves risks, and it's crucial to approach it with a well-informed strategy and a strong risk management plan. Stay updated on the latest market conditions, conduct thorough analysis, and adapt your trading approach accordingly. If you find this information valuable, please show your support with likes/boosts. I'm also eager to hear your advice and comments as we navigate these trading opportunities together. Let's make the most of this market situation! Stay tuned for further updates and insights.
Long
by ACrypto9
BTCUSDT DAILY : LAST CHANCE FOR BUYHi Guys. Hope you well and start great week. With the change in the daily and the decrease in the momentum in the fall, I expect to break the trend and enter the accelerated movement towards 32000. SecondChanceCrypto ⏰5/JUNE/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please dont forget to support this idea with your likes and coments. Please Join our free channel in bio
Long
by Secondchancecrypto
Bitcoin Head & Shoulders Still in Play!CME:BTC1! CRYPTOCAP:BTC is still in the head and shoulders. My original idea was posted on this link: tinyurl.com and can be referred to. Price Action is printing a downward channel providing ideas for a possible retest at the 25.2k zone. But the price action stays in the pattern until break of structure. Plan A: Short to 24k and possibly 21k ... (you could possibly get higher entries if the price is going sideways). Plan B: Long on successful retest with first target to 31k and on successful SR Flip to 45/48k!! Step by step - let the price come to you at an area of value and enter on trigger. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
CME:BTC1!Short
by imr4nkh8n
#BTC will break this resistance or we will see a pullback?#BTC UPDATE On 12H, BTC is about to break out of a lengthy falling wedge. The MA 100 and the Ichimoku cloud are both providing resistance to the descending wedge. A firm breakout of the falling wedge would indicate a significant bullish rally in the market at this time, when the price has retested above the horizontal support. Let's understand deeply Bitcoin Mining Profitability Analysis: Trends and Forecasts for 2023 Bitcoin miners' revenues have shown steady growth since the year's start, peaking on May 8 at $41.7 million. This growth aligns with an uptrend in key Bitcoin network metrics. The BTC Miner Sentiment metric, considering the network's average hash rate, difficulty, mined blocks, and block rewards, also displays a consistent rise. This growth indicates a strengthening and stabilizing Bitcoin network. The hash rate and network difficulty directly relate to Bitcoin's security and mining challenge, respectively. The number of mined blocks and block rewards influence miners' earnings. However, the expected halving of Bitcoin block reward in 2024 could impact these earnings. Forecasts suggest continued growth in miners' revenues and network resilience in the short term, though the upcoming halving could shift this trend. Regardless, Bitcoin's core network metrics reaffirm its strength and resilience, highlighting Bitcoin's role as a leading cryptocurrency and its long-term viability. In conclusion, the analysis of Bitcoin network metrics reaffirms Bitcoin's leadership and resilience in the cryptocurrency market. With sound risk management, miners can continue to secure earnings, providing investors confidence in Bitcoin's enduring stability. This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor. For more Quality Charts Analysis, follow us. I'm grateful.
Long
by CRYPTOMOJO_TA
8
BTC Major rally READY?BTC has been forming a descending channel since April 10th and has now completed this massive structure shown by the three touches, similarly to XRP as shown on my last post. When you look within the channel you can see the accumulation phase (highlighted in blue), then manipulation (highlighted in red) and finally (distribution)(phase 1). There has been a re accumulation from the top trend line back down to the Fair Value Gap at 26868. BTC broke low, then broke high, then retested, along with a major apex where current price is while keeping the higher lows intact. Every zone below current price has also already "filled". This information may not mean much to someone who aren't as familiar. But to those that count, I hope some part of this provided value to you. I tried my best to lay out many reasons I believe BTC will soon be heading towards my upwards targets of 31500 34700 and 40400. Although, this is a A+ setup in my books so it seems almost too good to be true, so i suspect some news will come amongst this rally. Bitcoin has checked all of my boxes.
BITSTAMP:BTCUSDLong
by Spiritualbeing11
Capitalizing on the Right Angled Broadening Pattern BTCCapitalizing on the Right Angled Broadening Descending Wedge Pattern Introduction: In the world of cryptocurrency trading, uncovering reliable patterns can unlock lucrative opportunities. Today, we delve into the hourly chart of Bitcoin (BTC) to explore an intriguing pattern: the Right Angled Broadening Descending Wedge. This pattern's unique structure presents a promising trading setup that traders should keep a close eye on. Pattern Analysis: The Right Angled Broadening Descending Wedge pattern on BTC's hourly chart reveals a captivating interplay between widening trend lines. The lower trend line displays a steeper slope compared to the upper trend line, creating a visually appealing and potentially profitable pattern. Trade Setup: Entry: $27,065 Target: $29,410 Stop Loss: $26,768 Based on our analysis of the Right Angled Broadening Descending Wedge pattern, we propose the following trade setup for BTC: Entry: Enter the market at approximately $27,065. This level represents a prime opportunity to capitalize on the potential breakout indicated by the pattern. Target: Set your profit target at $29,410. As the pattern unfolds, it suggests the potential for an upward move, and this target level represents a significant profit-taking opportunity. Stop Loss: Implement a stop loss order at $26,768 to manage risk effectively. This level acts as a safety net, minimizing potential losses in case the market moves against your trade. Conclusion: The Right Angled Broadening Descending Wedge pattern witnessed on BTC's hourly chart offers an enticing trading opportunity. By entering the market at $27,065, targeting a move towards $29,410, and employing a stop loss at $26,768, traders can position themselves advantageously. It's crucial to note that trading decisions should be made after considering additional factors, including other technical indicators, fundamental analysis, and overall market conditions. Utilizing a comprehensive approach will enhance your trading strategy and increase the likelihood of success. Stay vigilant and monitor BTC's price action closely. As the Right Angled Broadening Descending Wedge pattern unfolds, be prepared to seize the potential gains it may bring. Happy trading!
Long
by TheNewsCrypto
28