1-BTC
$BTC Risk-Managed Trading Beyond $64,500CRYPTOCAP:BTC Risk-Managed Trading Beyond $64,500
Red Box Resistance: The crucial resistance level is at $64,500. For a bull scenario, we need to see a confirmed candle close above this level.
Potential Breakout: If #BTCUSDT breaks above the red box, we could witness a rally toward a new all-time high.
Risk Warning: Only enter high leverage positions after clear confirmations to minimize risks. Proper risk management is essential.
#Bitcoin #cryptocurrency
Bitcoin BTC Parallel ChannelsBitcoin BTC Parallel ChannelsBitcoin BTC parallel channel, the red one is the plummeting channel, and the blue one is the falling oscillation channel.Bitcoin BTC parallel channel, the red one is the plummeting channel, and the blue one is the falling oscillation channel.
Important Liquidation Levels for Bitcoin: $50k - $73kImportant Liquidation Levels for Bitcoin: $50k - FWB:73K
#Bitcoin Liquidation Heat Map:
Approximately $3 billion can be liquidated up to $71,715. Key levels to watch:
➡ $67,420: $2.75 Billion in potential liquidations.
➡ $50,000: $5 Billion waiting to be liquidated.
Key Areas to Monitor:
➡ $56.9k - $52.1k: Weaker liquidations.
➡ $59.5k - $58.5k: Heavy liquidation zone.
➡ $52.1k - $50k: Another heavy liquidation zone.
Scenarios:
➡ Below $50k: ~$5+ billion could be liquidated.
➡ Above $74k: $6.1 billion might get liquidated.
Current price is around $63k!
Stay alert!
Important BTC Update:Bulls and Bears Face Off at $64,000BTCUSDT Update: Current Resistance at $63,000
BTC is trading at the crucial $63,000 resistance level.
Next Move:
- Bullish Scenario: A decisive breakout above the $64,000 resistance could trigger an upward rally to a new all-time high.
- Bearish Scenario: Failure to break $64,000 might lead to a downturn, pushing BTC to the year's new low in the $45,000 - $50,000 range.
Keep a close watch on these levels as they will decide the next direction of BTC. Stay tuned for further updates!
Solana Price Analysis: Will SOL Rally To $500 In Current BullRun#SOLANA/USDT Chart Analysis
HTF Perspective: The SOLANA chart looks extremely bullish on the higher timeframe (HTF). A bullish Cup & Handle pattern is emerging, signaling a potential massive upward trend.
Cup & Handle Pattern: According to my analysis, the Cup has already been completed, and we are awaiting the formation of the Handle. The handle's bottom is likely to form around $50, which presents a great opportunity to accumulate SOLANA in large quantities.
Key Takeaways:
➡ The cup pattern is completed, and the handle pattern is in the works.
➡ The handle bottom could form around $50, presenting a prime buying opportunity.
➡ Once the handle pattern completes, a significant upward move is likely.
➡ Long-term targets are around $500 to $1000.
Price Levels:
➡ Strong Support: $84/$46
➡ Resistance: $200
Current Update: I initially highlighted this pattern when CRYPTOCAP:SOL was trading at $190, and now it's touched $116. If you booked profit at the top, well done!
Disclaimer: This is not financial advice. Do your own research before investing in any cryptocurrencies.
$BTC Update: Falling Wedge PatternCRYPTOCAP:BTC Update: Falling Wedge Pattern
Bitcoin is currently bouncing back within the yellow box but remains inside the Falling Wedge pattern/Bull Flag.
Bulls need to surpass the $65,000 resistance level to confirm an upside breakout. If successful, we could see BTC headed toward $95,000
However, if BTC fails to hold the yellow Box support, expect potential downside to $50k and $40k.
Stay cautious and keep an eye on these key levels!
#Bitcoin #Crypto #TechnicalAnalysis
Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Count
Greetings traders and investors,
Current Analysis:
The current BTC scenario appears bearish. As discussed earlier, I highlighted the likelihood of a significant dump. I hope you adhered to the warning and avoided long trades around $70,000 - $72,000.
Chart Analysis Recap:
The chart shows a clear bullish pennant formation, usually indicating a bullish trend. However, based on my experience, the market often moves contrary to expectations.
Pennant Breakdown:
#BTC briefly broke upwards before a fakeout and a subsequent breakdown below the bullish pennant.
Critical Breakdown:
After breaking below the $66,000 level, #Bitcoin dropped further past the red trend line and retested $67,400. Many traders, fearing missing out, opened long positions at this level only to be liquidated shortly afterward.
Elliott Wave Count:
We're currently in the 5th count of a fresh Elliott Wave and the 3rd sub-wave count. Expect a slight upward move to fulfill the "A" and "B" count.
Upward Move:
Expect a short-term pump towards $61,000 - $62,000.
Major Dump: Post-pump, BTC could dip further to $50,000, with potential dips toward $45,000.
Support & Resistance Levels:
Support: $51,000 / $42,000
Resistance: $62,000
Note:
If BTC breaks above the $62,000 resistance, the Elliott Wave count could change, then i will update.
Like & share if you agree with my Analysis
Trade safely,
$BTC Plan Blue for Long-term #Crypto Investment:Phase 1 - Buy 50% at 58k
Phase 2 -Buy 30% at 49k
Phase 3 -Buy 20% at 38k
If you're starting a new portfolio, consider buying some Bitcoin and Altcoins at the current price levels and then remaining 50% at 49k & 38k as per our plan.
There's no need to fret over your long-term investments, just remember to HODL.
Remember, it's impossible to accurately predict the exact bottom of the market, so always do your own research before making any investment decisions.
NFA DYOR GL.
#Aptos Price Analysis: From Symmetrical Triangle to $100 APT/USDT Technical Analysis Update
➡️ Current Situation:
APT price was recently rejected at the resistance level of its previous all-time high. Observations on the higher time frame (HTF) charts indicate the formation of a symmetrical triangle. After a breakout, the price is currently retesting at the support level.
➡️ Key Support Zone:
The strong support zone and recommended entry levels are between $9 and $7.50 (spot trading). This provides a favorable risk-reward setup for potential entries.
➡️ Long-Term Outlook:
In my opinion, Aptos (APT) holds the potential to reach $100 in the long term. This makes my long-term target for APT a solid $100.
➡️ Short-Term Targets:
$18
$30
$48
These targets are set based on current market dynamics and breakout patterns observed in the chart.
➡️ Risk Management - Exit Strategy:
It's crucial to manage risks by setting an exit point. If the price breaks down below the red trend line, currently around $6.50, consider exiting to preserve capital.
➡️ Market Sentiment:
The overall sentiment will need to be monitored closely, particularly how the price reacts at the current support level. Maintaining a flexible approach will be key as market conditions evolve.
➡️ Remember:
Always do your own research (DYOR) and consider your risk tolerance when trading.
Stay Updated:
Follow for more updates and insights on cryptocurrency trading and market analysis.
$BTC | 1H: Today PlanSellers have dominated the #Bitcoin today, leading to a bearish trend with more red candles expected.
However, a potential bounce is expected around the $61k POI as Bitcoin ETFs are set to launch in Hong Kong tomorrow. LFG!
Previous Day:
VAH: $63960
POC: $63667
VAL : $63440
Date: 29 Apr 2024
ETH/BTC Technical Analysis UpdateETH/BTC Technical Analysis Update
▪️Bounced off green box support, indicating bullish momentum.
▪️ ETH/BTC Broken out on daily chart, positive for CRYPTOCAP:ETH and #Altcoins
▪️ CRYPTOCAP:BTC dominance declining, favorable for #AltSeason
Are you prepared for potential Altseason?
Bitcoin BTC Rainbow Chart Colorful ChannelsBitcoin BTC Rainbow Chart The colorful channel is the resistance line for the rise of Bitcoin and the support line for the fall. Blue and purple are the bottom, fluorescent blue-green is the relay, green and yellow are the middle track, and orange and red are the top.
$BTC | 1H: Today Plan:The local bottom has formed on the daily time frame for Bitcoin. Both spot and perp are showing continuous bids for Bitcoin, leading to higher highs.
The bulls are showing strength in lower time frames with the 50 & 200 EMA and the weekly open, aiming for at least 78k. Let's go! BINANCE:BTCUSDT
Previous Day:
VAH: $65184
POC: $64947
VAL : $65870
Date: 22 Apr 2024
#Bitcoin Bull Flag Analysis #Bitcoin Bull Flag Analysis
The #BTC Bull flag is currently holding $60,000 price Level.
A bull flag is forming with a target lying around $1,18,000
For this pattern to play out CRYPTOCAP:BTC must be above $60,000 Level.
Note: If break $60,000 level then ready for $45000
Like/RT if you agree
Bitcoin Red alertDon't get wrecked! #BITCOIN
Scalping with high leverages during times like these is a risky game. Market makers are toying with global sentiments, especially with the Big #BitcoinHalving just around the corner.
Cut through the noise; stick with spot trading exclusively.
Stay safe, earn safe.
$BTC | 1H: HTF Plan:I believe that a local top has been formed on the higher time frame for $Bitcoin. The key liquidation levels to watch are at 72k and 59k.
My prediction is that Bitcoin will likely retest the 59k level before reaching a new all-time high.
The #Bitcoin event is just two days away. Spot buyers seem to be lacking strength.
Many are currently shorting Bitcoin, but we may see a short squeeze before the halving event, followed by a subsequent dump. BINANCE:BTCUSDT
BITCOIN BEARISH OUTLOOOKBitcoin Update: Key Alert!
Quick Analysis:
As previously highlighted, #Bitcoin remains under pressure. Staying below $67,900 has shown us there’s limited upward potential, and now it's more evident with the recent rejection from $67,000. Bitcoin is currently trading below $62,000, signaling a strong bearish trend.
Current Status:
Bearish Outlook: Bitcoin's failure to surpass $67,900 has set a bearish tone. Watch out as it now trades below $63,000, which might trigger further declines.
Support: $51,000
Resistance: $63,900 / $67,700
Suggestion for Traders
Monitor these crucial thresholds and adjust your trading plans accordingly.
Stay prepared for swift market movements.
CRYPTOCAP:BTC #Cryptocrash