BTC Wave 4 CorrectionThis is my updated count for Bitcoin. I´m considering a test of 60k (green zone) to be a high probability scenario. Shortby Stoic-Trader3
BTC Breaking DownThe EQ (equilibrium, center dashed line) of the range is now resistance once again, meaning the price is statistically more likely to trade between $60,000 and $67,000 than above. Important reminder - things are far from certain in these scenarios. We had price in the top half of the range and it never even managed to visit the highs, as one would “expect.” For now, things are looking decidedly weaker, but still simply annoying and sideways. Nothing to do here but wait.by ScottMelker114
A BULLISH WEEK? BTCBitcoin can give us a bullish week. There are high possibility to see BTC above $70.000 again this week, but first the price need to push above the main trendline. Next, $67.000 is a strong resistance on the short term, so the cart will turn bullish only if this resistance will get broken. Longby CryptoForexGem118
Market overviewBitcoin (BTC): $66,194.13 (-0.05%) Bitcoin Dominance: 55.4% Fear and greed index: 71 (greed) WHAT HAPPENED? Since last week, bitcoin has lost about 6% in price. The largest volumes, which were priced at ~$69,000, were sent for sell, which led to the continuation of the downward movement to the border of the local sideways. WHAT WILL HAPPEN: OR NOT? We expect the downward movement to continue at least until the next sell zone. Fixing above the $70,000 price may contribute to changing the scenario. Buy zones: $64,500-$62,700 (pushing volumes), $61,200-$60,400 (volume zone), $58,500-$57,000 (volume anomalies). Sell zones: ~$67,000 level (delta anomalies), $68,900-$69,800 (volume anomalies), $70,800-$71,400 (accumulated volume). IMPORTANT DATES We have been following macroeconomic events since Tuesday: • Tuesday, June 18, 9:00 (UTC) — publication of the consumer price index for May in the eurozone; • Tuesday, June 18, 12:30 (UTC) — publication of the base index and retail sales volume for May in the United States; • Wednesday, June 19, 6:00 (UTC) — publication of the consumer price index for May in the UK; • Thursday, June 20, 22:45 (UTC) — publication of GDP data for the 1st quarter in New Zealand; • Thursday, June 20, 7:30 (UTC) — Swiss interest rate decision; • Thursday, June 20, 11:00 (UTC) — UK interest rate decision; • Thursday, June 20, 12:30 (UTC) — publication of data on initial unemployment claims and the index of manufacturing activity in the United States; • Friday, June 21, 13:45 (UTC) — publication of the index of business activity in the manufacturing and services sectors of the United States; • Friday, June 21, 14:00 (UTC)— report on home sales in the US secondary market; • Friday, June 21, 18:00 15:00 (UTC) — The US Federal Reserve's monetary policy report. *This post is not financial recommendation. Make decisions based on your own experience. by Crypto_robotics1
Bitcoin - Continuation of the rally after $60,000?Attention to the Bitcoin chart. The orange line is similar to the short-term holders' realized price, only slightly better. Almost every time the price approached this line, Bitcoin dropped by another 4-7% and then immediately reversed and continued to rise. Looking at the current situation, we have a clear parallel channel in which the price has been for over 90 days. And 4-7% below the orange line is the lower boundary of the channel. Based on past scenarios, a likely outcome could be a drop, a liquidity grab below the channel, and then a reversal of Bitcoin and the start of a new wave of growth. If there is not enough liquidity below, then the price could easily fall and quickly reach the $53,000 level. If BTC consolidates above the channel, then the road to the $100,000 level will be open.Longby Yaroslav_Krasko114
BTCUSDT scalping personal script.So, I am still holding my scalping long and already moved my stop-loss slightly above the entry. This script is the best for 1H timeframe or lower. Hopefully, it will hit the target exactly. I have managed to add infos table for overbought and oversold warning and also level and the strength of buy and sell signal. B0- standby long/long B1 - long B2 - long (best strength) Profit-taking for buy, if the trend is bearish take the profit when the candle is close to the orange band. S0 - standby sell/sell S1 - sell S2 - sell (Best strength) Profit-taking for sell, if the trend is bullish, take profit when the candle is close to the blue band. Add this point, I take profit manually at the mid-point depending on the trend. I am considering adding a trend signal to have a better trading strategy. Longby SkyitoUpdated 3
$BTC #Bitcoin Trading IdeaBTC/USD (Bitcoin) on the daily timeframe. Still can't get my eyes off this setup (Ascending Triangle Pattern). I can imagine what would happen if this setup plays out like from a book. Money flow is flatting and looks very calm. Waiting for some signals on Monday.Longby planfomo3
BTCUSDT: Trend in 2H time framePlease pay special attention to the accurate trends, colored levels, and red level as SL. Be careful BEST MTby MT_TUpdated 2
bitcoin analysis I'm expecting long in this areabitcoin are still consolidate in 66800 to 66500 range, it will go little downside and purge some liquidity and after that there is high chance it will go upside im looking long following area buy around 66300 tp 67400 and sl 66170. Longby honey9bee220
BTC move to WAVE 4Everything is on chart Btc can have little high and then go down to 44000$ in Wave 4 It's my opinion that can be mistake My English not goodShortby Traderahnama2
BITCOIN SELL ANALYSIS BTCUSD I'm looking for sell side momentum 1:2 RR Correction completed Ready for the fall Shortby DNA_Trader_Officials223
Bitcoin (BTCUSDT) Technical Analysis on BinanceBitcoin (BTCUSDT) Technical Analysis on Binance General Context The BTCUSDT chart on Binance shows a long-term ascending channel. The current price is within this channel, indicating a continuous upward trajectory with future projections based on key resistance and support levels. Indicators Used Exponential Moving Averages (EMA): Indicators of short, medium, and long-term trends. Fibonacci Levels: Used to identify key support and resistance points over time. Identified Patterns Ascending Channel: Indicates a long-term upward trend. Future Price Projections: 240,000 USD: Projected price level within the channel. 1,410,000 USD: Projected price level as a very long-term target. Support and Resistance Analysis Supports: 90,000 USD: Main support based on the ascending channel. 40,000 USD: Additional support in the middle of the channel. Resistances: 240,000 USD: Future resistance within the channel. 1,410,000 USD: Extreme projected resistance. Possible Long Entries and Targets Main Entry: Entry Point: 100,000 USD (near the support of the ascending channel) Targets: Target 1: 240,000 USD (key resistance of the channel) Target 2: 400,000 USD (potential extension) Stop-Loss: 90,000 USD (below critical support) Justification: Entry based on the expectation of the continuation of the long-term upward trend. Additional Analysis Long-Term Strategy: The ascending channel suggests a long-term strategy with significant targets, considering future projections. Risk Management: It's crucial to adjust stop-losses as the price approaches the projected targets to protect the invested capital. Conclusion The BTCUSDT chart on Binance suggests a strong long-term upward trend. The proposed entry and exit strategies are based on key technical levels within the ascending channel, providing a high potential return investment approach. Strategy Recommendations Continuous Monitoring: Continue monitoring the price behavior within the ascending channel for necessary adjustments in strategies. Risk Management: Maintain proper risk management with well-defined stop-losses to protect capital in case of unexpected reversals. This analysis provides a clear and detailed view of long-term opportunities in the BTCUSDT pair, enabling informed and strategic investment decisions.Longby RaffDN1
BTC new long!📉 BUY: BTCUSDT 📌 Entry Point: 65700-66400 ⛔️ Stop-Loss: 62500 (5.4%) 🎯 Take-Profit #1: 68700 (4.0%) 🎯 Take-Profit #2: 71500 (8.2%) 🎯 Take-Profit #3: 78700 (19.1%)Longby GoldenTrades_224
Whales are buying bitcoinsExamining the trend in the four-hour time frame, Bitcoin has formed a BULLISH BUTTERFLY harmonic pattern and it seems that it can reach the Fibo resistance of 61.8 provided it maintains the important support interval in the range of 65221-65546 and crosses the 66710 resistance. percentage in the number of 69353 dollars to increase the price.Longby arongroups117
BTC USDT - BAT pattern - Harmonics - Just Analysis - No BiasOn 1 Day time frame I have been watching this harmonic pattern forming. Despite ETF, all this big inflow, BTC is struggling to break the resistance 72K. There is a possibility of this pattern to play and we get a chance to buy more BTC and ride it to 100,000K USD. We don't want BTC to break 60 K at any cost and it will be bad short term. Long term bullish. by BullBearBTC12
BITCOIN - Price can continue to decline in channel to $61100Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price declined to support level, which coincided with support area, and even broke it and fell lower. Then price started to grow inside rising channel, where BTC soon broke $61100 level again and then made retest. Price rose to resistance level, which coincided with resistance area, but at once made correction movement. Next, BTC reached $71300 level one more time, made fake breakout of it, and then started to decline in falling channel. Also now, price continues to decline inside this channel and I think Bitcoin can reach resistance line. After this, price can bounce and continue to decline in falling channel to $61100 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️Shortby WalterMoon115
BTC may test 61000Having a resistance around 67100. May sink to 61000 levels. Buy above resistance, ornear support. Cheers!Shortby jawwadsaif3
BTC/USDT ShortThis is a possible idea for a short on the 4 hr chart with Bitcoin I see a double top and we broke the neckline. Please leave your idea's and feedbackShortby ruanava3
BREAKOUT IN THE UPCOMING MONTH! Divergence on 4H Low Volume on weekend. Id enter my Long to early. What needs to happen for Long to Hva e higher probability. 1. BoS of 4hr 2. RSI Divergence on 4hr. > follows with Daily and Weekly Level. I also can see there's probability of better prefect Long position on 61k area. Then it will create a Inverse Head and Shoulder in Weekly and Cyper Harmonic Pattern in Daily. Life is good. Cheers. Longby Shelby2695442
BTC - Short - Update - Watch this level closely as resistance For those who have been following my Bitcoin prediction; I am expecting a major drop from around this current price point. Shortby DickDandy116
BTC/USDT weekly analysis on 30th/Jun/2024Hi, crypto traders. #Last week's results and review Last week, the price dropped as expected, temporarily falling below 60,000 USD to 58,400 USD. After that, the price rebounded, but it is currently stagnant, fluctuating between 60,000 and 62,500 USD. While it is possible for the price to temporarily rebound to 20MA, I believe that, fundamentally, the price will continue to decline. # Current order of the candlesticks and MA lines the candle = 5MA (red) > 20MA (blue) > 60MA (green) = 100MA (black) #Technical Positive Points - Since 5MA is moving sideways, if it rises and clearly exceeds 20MA, there is a possibility of another upward trend. #Technical Negative Points - 20MA has fallen below 60MA, forming a downtrend with 100MA > 60MA > 20MA > 5MA, indicating a high possibility of continued decline. - Since the slope of 20MA is significantly downward, there is a high possibility of a short-term decline. - Having once broken the psychological price target of 60,000 USD, it is likely to fall below 60,000 USD again. - If the price plummets, the slope of 5MA may temporarily turn upward, but as it is still moving sideways, there is a possibility of further decline. #Trend forecast of this week : Short 70% From a technical perspective, there are many negative factors, so I expect the price to continue to decline this week. Since it once broke below 60,000 USD, reaching 56,500 USD is now in sight. Although the price is currently struggling to stay above 60,000 USD, I believe it will break below it soon. If it falls below 56,500 USD, the next target will be 50,000 USD. Psychologically, 50,000 USD is a significant target, so I don't expect it to break below this level significantly. However, we need to closely monitor the trend. #Target points If the price of Bitcoin increases 1st target: 63,500 - 64,000USD (Cross-point with 20MA) 2nd target : 65,000USD - 66,000USD (Cross-point with 60MA & 100MA) 3rd target: 72,000USD (The highest price on 7th/Jun/2024) If the price of Bitcoin decreases 1st target: 58,400USD (The lowest price on 24th/Jun/2024) 2nd target: 56,500USD (The lowest price on 1st/May/2024) 3rd target: 50,000USD (A nice round number) Let's enjoy trading this week too!Shortby Bot_Muto2
BTCBitcoin on the 4-hour timeframe is forming a bullish harmonic pattern supporting an upward move targeting the levels specified on the chart.Longby ALSEIF_GROUB0