BTC potential reversal zone 29.5k12h time frame
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According to previous analysis, Bitcoin made a false breakout(or stop hunting) again.
This PA usually creates V shape as we see recently, current question is where does this pump reach, I think the top of this pump is the best opportunity to short before next BTC halving in 2024.
If we take a step back, there is a potential harmonic pattern(shark structure), its D point(PRZ) is aligned with Fibonacci retracement 0.382(as we analyzed before). Therefore, if Bitcoin can maintain this pump, it might reach the end at around 29500.
Entry: 29500
TP: 18000~20000
SL: 30500
Btcusdtsignal
Bitcoin - Nobody expects such a move.3 month liquidity hited. Level 31730.
6 month liquidity hited. Level 31730.
these levels also coincide with the fibonacci level. this is the seller's discount zone 0.5%
What is interesting is that the monthly high was also taken out, by the previous maximum.
There is still a gap below that needs to be covered.
Nobody expects such a move.
Recently, miners have put bitcoins on exchanges to hedge, I don't know how to find this information correctly.
There is no greed in the market, but there is some liveliness of the market, I started to hear a lot about 32 35 40 thousand dollars for bitcoin from some young analysts.
These are all thoughts in the ear, if you have an alternative opinion, please write.
BTC 1H trading plan1H time frame
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After huge pump from 24900, Bitcoin starts consolidating currently.
From the perspective of long, Bitcoin is creating a potential continuation pattern, such as a triangle structure. Therefore, we can focus on the support strength at 25700, if the support is workable for Bitcoin, trading plan will be triggered as below.
TP: 27385
SL: 25420
BTC makes False-breakout again1h time frame
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This market got a comparable big dump yesterday, then BTC creates a false-breakout at 25000 such like the scenario occurred on June 23rd.
The Price Action increases the possibility about right shoulder pattern, which top is around 28350~29150.
We are still under the downtrend on higher time frame, so avoid putting lots margin on long, better to find opportunity to open short!
BTC recent target 275654h time frame
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Bitcoin creating the similar structure with previous one, formed from Aug 23rd to Aug 29th.
Getting support again at 25700, according to the symmetrical pattern, Bitcoin has potential to reach 27565 in near future. Therefore, we can set up a plan as below.
TP: 27565
SL: 25090
BITCOIN more range 📖💡Hello 🐋
based on the chart, the price is in the parallel channel and range cycle ✔️📚
and
it needs some rest and more range trend and candles 📚💡
beside
for future analysis and ideas toward exact short and long, I need more confirmation hard and firm evidence and candles 📖💡📚
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Bitcoin this bear bottom 15k~18k12h time frame
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Creating a completed top structure like HS can provide more momentum to future dump.
Therefore, Bitcoin has the potential to pump again to make the right shoulder for the big HS.
Top of the potential right structure is around 28500~29500, pay attention to open short if we see this pump in near future.
Also, in order to liquidate as much long positions as possible before 2024 halving, the neckline at 25200 need to be broken, then a huge dump following based on HS structure, its final target 18500~15800, which is also the great and sweet range to buy Bitcoin!
#BITCOIN= SHOW SUPPORT TO OUR FIRST IDEA.Hey Everyone,
Price have accumulated since last few weeks and now we are expecting price to continue the bullish trend until $62000 which is our primary target, it is worth noticing that price have potential to reach that target as economic and other factors are supporting the idea.
Thanks for your support in advance :)
BTC another drop or growth is coming ?BTC / USDT
Welcome all for my new BTC analysis,
After a long boring period of low volatility price made a big move yesterday with more than 800M liquidation ‼️ ,so lets jump to the analysis,
The Price dropped hard after losing the bullish dotted trendline to finally reach the weekly demand directly and also the moving average so this is strong support
✳️ What next ?
After a few consolidations We see upcoming bullish wave (or a bounce)That can visit 30k again
The invalidation: losing 24k ❌
✳️ Summary:
1- saving 24k => 30k
2- Losing 24k => another drop and closest target is 20k or even lower
Don’t forget to like this idea and follow for more analysis/ signals, Have a good day
Bitcoin Analyze!!!🗺️(1-hour)💡Bitcoin is moving near the upper 🟡 Price Reversal Zone(PRZ) 🟡 and the 100-SMA .
🌊According to the theory of Elliott waves , Bitcoin is completing corrective waves, so it seems that wave B in 🟡 PRZ 🟡 has ended.
🌊A sign of the completion of wave B can be the 🌠Evening Star Candlestick Pattern🌠 in the 🟡 PRZ 🟡.
🔔I expect wave C to finish at one of the lower 🟡 PRZs 🟡.
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🌐➕ Positive News ➕🌐:
Exodus Of 30,000 BTC To Cold Wallets Spells Good News For Bitcoin Price.
Bitcoin supply on exchanges falls to the lowest level in nearly 6 years.
Bitcoin supply on exchanges falls to the lowest level in nearly 6 years.
🌐➖ Negative News ➖🌐:
Binance Revamps Zero-Fee Bitcoin Trading, Raising Market Concerns.
Binance Suspends P2P Transactions in Russia After Lapse Sanctions Enforcement Scrutiny.
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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.
BTC great SHORT OPPORTUNITY and the LOW BEFORE BULL12h time frame
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Market's short position is too heavy so far
I think we need a huge pump to liquidate them all, then start the last dump in this bear cycle
If go up to 28000 to create a HS, which target will be aligned with the harmonic pattern(18085~18600)
It'd be the first important price that we can try to buy spot before bull
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Short trading plan
Entry: 27766~28548
TP: 18085~18600
SL: 29830
BTC/USDT D ( downtrend & longterm ) BINANCE:BTCUSDT
Hey there dear attendants
It will be a pleasure if you could brace me with your supportive likes & comments if you would have tested my strategies
According to my analysis the downtrend of btc has been started and we should wait for 17000
is not financial advice
BTCUSDT : Long Trade , 1DHello traders, we want to check the BTCUSDT chart. The price has reached a key level that has reacted to this level several times in the past. We expect this level to play the role of a support level and if the price cannot break this level, we expect it to grow around the price of 28,200. Good luck.
📉BTC CONTINUES TO DECLINE 📉📉BTC CONTINUES TO DECLINE 📉
🔰Over the past 24 hours, Bitcoin has shown a decrease of -12% at its peak. Long liquidations amounted to over 1 billion dollars, and it seems like this is not the end yet, so it might be wise to hold off on long positions for now.
💰Based on spot market quotes, I anticipate stop losses being taken out below the $28,400 level and possibly $23,900.
🚀The nearest major support zones are $23,700-$24,200 and $22,100-$22,500. That's where I'll be considering entry opportunities for long positions.
INVERTED Bitcoin Analysis: A Tactical Blueprint to $250K In this analysis, we examine three INVERTED schematics of Bitcoin’s price dynamics— one monthly and two weekly charts.
The first schematic, an inverted monthly timeframe, illustrates a remarkable adherence to the support and resistance levels through opens/closes/wicks, showcasing pivotal turning points on a Monthly Timescale.
These two weekly charts on the right reveal well-ratioed price movements, suggesting a degree of proportionality and predictability in Bitcoin's price behavior. This symmetry highlights the robustness of my technical analysis and the self-fulfilling nature of these levels.
Please refer to my other 250k Bitcoin Target Ideas linked below.