Btcusdtlong
BTC/USD Bullish Cycle (Confluence of 3 patterns)Hi everyone!
We have an interesting confluence of patterns on BTC/USD.
First, we have a bullish pennant pattern, so we can project the price according with the resistance breakout.
Second, there is an imbalance zone or price inefficiency that has not yet been mitigated, so the price will probably go to balance this area.
Third, the elliot wave pattern coincides in the formation of the fifth wave.
So, this confluence of patterns looks interesting.
All the best, traders :)
Bitcoin's rise to Middle line of Descending Channel(15-Min)🚀Bitcoin seems to have broken the heavy support zone, but to continue the downward trend, it is likely to create a pullback to the middle line of the descending channel and the 🟢 heavy support zone($ 26,400-$ 25,800) 🟢.
Also, we can see Regular Divergence(RD+) between two consecutive valleys.
I expect Bitcoin to go up to the middle line of the descending channel after breaking the downtrend line.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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.
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BTCUSDT close to daily support, long term long is favorable hereThe price has come close to the daily support zone which we talked for HTF analysis on the first drop on 5th June. The price is still a bit short of touching the daily support. So it might dip one more time to hit it formally. But lets see.
BTC - Not the time to be bearishAs you'll see from my previous charts, I've been bearish since the 31s and been waiting for the current levels for reversal (the internal pullbacks didn't exactly happen as I thought, but bounce levels gave good reactions for smaller time frame trades).
Most alts already have hit my targets or are about to hit, and Bitcoin is approaching an area full of support. Now, one can say there are good reasons to go down till the 18s and I wouldn't disagree, but IMO, these levels will give a good reaction, or at least will hold for some time to reevaluate the idea.
As I mentioned over and over, EW is not my strongest skill set but I combine it with volume and price action and these are the levels I see that should hold if we're going to have a new high in the coming months. The move down looks like a 3-wave move than an impulse, which means it can be a WXY (for 2/B), or it can just be W (of WXY, WXYXZ). Hence, the targets are unclear to me: We can do LH (28-29s)>HL (18s)>New Highs, LH into new lows, or a new high. Either case, I'm expecting choppy PA as we have done since 15k and will play it level to level till 28-29 and will see what happens there.
BITCOIN to find support at 25kAs the downmove from the 31k top seems to be a corrective move, being three wave structured, I am looking for a potential ending diagonal in wave {c} of 2. If I am correct we should briefly break the 25300 low, find support around 25k and then resume higher.
Feel free to ask me questions and trade safe!
Bitcoin Falling WEDGE!CME:BTC1!
CRYPTOCAP:BTC is still in the falling wedge we have been following for a while now.
For Long Ideas: We are waiting for reaction in highlighted Zone 24k to 25.6k for possible target to 30k to 31k zone.
For Short Ideas: Waiting on bearish retest of the same Zone and possible targets are 21k, 20k zones.
Today FOMC Interest Rate Decision data comes out at 14:30 EST. Previous 5.25 Forecast 5.25.
On larger time frames these events have smaller impact. Scalping ideas can plan for the volatility on lower time frames.
200D MA must hold to prevent further downside.
On the 12h the wedge looks like a bearish retest of the Head & Shoulders which can be viewed here: tinyurl.com
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.
BTCUSDT hit daily support and bouncedThe price has hit the daily support and bounced from there. Did not look at that support level as the move down happened quick. But it bounced good from the daily support level 1DS1. I will long on a revisit of the price to or around this zone towards the daily resistance.
Bitcoin Analysis for long Position! i did BTCUSDT Analysis on 15M and 1H TF!
Wait for the Breakout and i have clearly mentioned the Take profit 1 and TP2!
Breakout and Retest will be a strong Signal!
Do watch for volume and i don't believe in indicators only price action & volume is the key!
BTCUSDT Analysis on 15M and 1H time frame ⏰.
STOPLOSS IS MUST! and depends on your portfolio!
THIS IS NOT A FINANCIAL ADVICE. JUST SHARING MY IDEA WITH YOU GUYS.
Trade safe. :)
BTCUSDT likely to head up to 26396The price has been consolidating in this range for a while. It is trading between the daily resistance and daily support zones. Currently the price seems to be heading towards daily resistance 1DR1 which is sitting around the zone 26330-26469. A long is favorable here with the target of 26396.
🚀 BTCUSD | Bitcoin small pump 🚀The price will rise close to the weekly resistance.
We are currently at a crucial point in daily uptrend, the support will hold atleast a little pump.
Continue to be cautious when trading long positions.
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Bitcoin will go UP by Falling Wedge&Symmetrical Triangle(15-Min)Bitcoin seems to be moving in a Symmetrical Triangle during the last 3 days, and also, the Falling Wedge pattern can be seen on the chart.
I expect that if Bitcoin does not make the sixth contact with the symmetrical triangle, Bitcoin will easily break the upper line of the symmetrical triangle and move towards the 🔴 resistance zone($ 27,360-$ 27,270) 🔴.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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.
Bitcoin will go UP by Falling Wedge & Ascending Triangle(15-Min)Bitcoin managed to form Falling Wedge and Ascending Triangle patterns .
Currently, Bitcoin managed to break the upper line of the Ascending Triangle.
I expect Bitcoin to go up to the 🔴 resistance zone($ 27,360-$ 27,270) 🔴 after breaking the resistance line.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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.
Bitcoin will go UP by Expanding Flat(15-Min)🚀Bitcoin made its correction to the 🟢 heavy support zone($ 26,400-$ 25,800) 🟢 with the Zigzag structure(ABC/5-3-5) .
I expect the next corrective structure to be an Expanding Flat(ABC/3-3-5) and bring Bitcoin closer to the 🔴 resistance zone($ 27,360-$ 27,270) 🔴.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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.
BTCUSDT likely to head to daily resistance 27066-27196It seems the price has retraced to the degree it required to. Its similar degree to the one from the entry of my short. I think it is likely that the price is going to head up from here with temporal retracement. If the last push to the daily resistance DR1 was impulsive then this move to the upside shall break the daily resistance DR1. However, lets have the first target of this trade as DR1 but we will evaluate whether to close or let it run based on price action if it reaches there.
BTCUSDT at LTF support and likely to bounce to 27066-27196BTCUSDT now on LTF support and the price is holding there. I believe there should be a bounce here. I have my shorts closed. And taking long at this support. The target should be the daily resistance zone which is sitting around 27066-27196. That is the resistance which sent the price down on this upward push.
📈BTC analysis near US Retail Sales📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous BTCUSDT & ETHUSDT analysis and positions.
Bitcoin may experience growth to 28K near this month's Retail Sales release.
The trend is still bearish and the price takes another step for further correction with each rise.
Next station for BTC is near 200EMA (25200-25400).
Don't forget to risk-free your position.
Please share ideas and leave a comment
let me know what's your idea.
CrazyS✌
Bitcoin Flag!CME:BTC1!
CRYPTOCAP:BTC is printing a falling wedge on 1D and looks like possible retest at pullback area 25.2k.
On the 12h the wedge looks like a bearish retest of the Head & Shoulders which can be viewed here: tinyurl.com
You don't have to be in a trade. Let Price show you and execute your edge.
Waiting for direction with Plan A Plan B in place.
Potential for:
Long:
Breakout of wedge with target to 31k
Bullish Retest of 25.2k zone
Short:
Bearish Retest of 25.2k with possible target to 21.5k area near the Gap between 20330 and 21110
Breakdown of current level and bearish retest for move to and breakdown of 25.2k level.
200D MA must hold to prevent further downside.
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.
BTCUSDT Daily : Finally 25500 touchedHi Guys , Hope you well
Dear traders, as I said in the previous analysis, the price dropped almost heavily with the news about the complaint against the Binance exchange.
Now I expect the price to swing down to the green box.
I remember that according to the news, the price can stay in this box for a long time and I expect it to move towards $32,000.
SecondChanceCrypto
⏰6/JUNE/23
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Bitcoin: looking pretty good!I'll be brief as always, as I don't want to bore you with my words, but I'd rather have you looking at the chart the way I look at it.
I am looking for further upside into wave 3 of (3) as we are at a pullback in wave 2 which I highlighted to be less deep than the one in the higher degree wave (2).
Always happy to take questions, trade safe!
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.