1-BTCUSD
BTC#12: Gathering signs from the price line
💎 💎 💎 Is plan #11 helping you make a profit?💎 💎 💎
🔥 As we analyzed the possibilities of BINANCE:BTCUSDT in the previous article, BTC temporarily entered the SW process. And here is the next plan for BINANCE:BTCUSD 🔥
1️⃣ **Fundamental analysis:**
📊 The Trump administration has taken the first step in loosening cryptocurrency regulations. The US SEC plans to reduce the cryptocurrency enforcement team
"eliminate excessive regulations" on digital assets.
🚀US senators from the state of Ohio have proposed a bill to establish a Bitcoin reserve fund and accept it as a form of payment.
📌The US sovereign wealth fund plan is expected to be implemented within 90 days
2️⃣ **Technical analysis:**
🔹 **D frame**: Looking at D frame, we can see that the downtrend is not over yet. If today's price surpasses yesterday's candle wick, we will see a more optimistic market situation.
🔹 **H4 frame**: The bearish price structure is not over yet. Currently, if the support zone of 96~97K is still waiting for evaluation
🔹 **H1 frame**: You can see that the price is close to the trendline. However, we are in a bearish price structure -> Don't rush to decide on this area.
3️⃣ **Trading plan:**
⛔As you can see on the chart, the downtrend has not been broken yet. We still need to wait for confirmation of the 96~97K area by the price structure. Be patient to wait for a better buying position and less risk
✅ Currently, finding a SELL position is in accordance with the price structure, but this price zone is not suitable for establishing a position. You can wait for the price to touch the larger trendline zone and consider the price reaction in that area to establish a position
💪 **Wish you successful trading!**
BTC#11: Will BTC rise or fall?. Market structure perspective
💎 💎 💎 Did you make a profit in post #10? Please share and comment your thoughts 💎 💎 💎
🔥After the Monday morning dump, we witnessed an amazing recovery of BINANCE:BTCUSD . Market sentiment has improved significantly. We continue to plan for BINANCE:BTCUSDT as follows:🔥
1️⃣ **Fundamental analysis:**
📊Data: Stablecoin on-chain trading volume decreased by 10.5% in January and legal CEX spot trading volume decreased by 18.2%
🔴According to Bybit CEO Ben Zhou, the total value of actual crypto liquidations is higher than $2 billion, he estimates this figure at around $8-10 billion.
🚀Donald Trump signed an executive order to establish a US national investment fund.
📌 In general, market liquidity is falling sharply, the loss after the recent correction has brought a cautious mentality to the majority of investors in the cryptocurrency market.
2️⃣ **Technical analysis:**
🔹 **D Frame**: Yesterday's D candle marked the amazing recovery of BTC. Currently, the price structure of frame D is still maintained as an increasing price structure.
🔹 **H4 Frame**: Gives us a different perspective. Although BTC has recovered, the price structure of frame H4 has not been broken. We will have to wait a while before seeing a more positive signal
🔹 **H1 Frame**: As you can see, BTC is still running in the downtrend channel. The KEY 977xx zone will play an important role in predicting the next direction
3️⃣ **Trading plan:**
⛔At the present time. Although the D candle is a positive sign, in the smaller time frame we still do not have a price structure confirming the recovery of the main trend. Whether placing a BUY or SELL order in this area is very dangerous because there is no confirmed price structure. You should wait to get the best trading position
✅ Based on my personal experience, I will wait for the price reaction in this 97K area. If a supportive price structure appears, we can have a good position following the main trend in the D frame.
💪 **Wish you successful trading!**
📌 For any questions, please contact us directly. I am ready to answer you for free
Bitcoin Bybit chart analysis February 3Hello
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This is the Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 12 o'clock soon.
The Nasdaq variable and the Bitcoin weekly chart MACD dead cross are in progress, so the analysis difficulty is high.
I had a hard time finding the entry point and the stop loss price.
It will be hard, but let's hold on this week.
Also, if it falls from the current position,
Nasdaq will have a vertical decline condition, so you have to be careful.
In the case of Tether Dominance, there is no resistance line yet,
so if it doesn't crash all at once, it can be shaken by a short-term wave.
I created today's strategy focusing on this part.
* When the blue finger moves,
It is a two-way neutral
Short->Long switching or long position waiting strategy.
1. 96,413 dollars short position entry section / when pink resistance line is broken
or when section 1 is touched, stop loss price
2. 95,120 dollars long position switching / when purple support line is broken
or when section 2 is touched, stop loss price
3. 99,612 dollars short position switching / when red resistance line is broken
or when Good section is touched, stop loss price
96.4K short position at the top from the current position
If the entry point is not touched
Long waiting at section 2 below / stop loss price when green support line is broken.
Section 1 at the top is a sideways market
It is the second short position entry section of today.
The final long position target and
short position switching section that I expect
is the center line of the 4-hour Bollinger Band chart.
It is expected to be around the top section,
and if it rebounds to this section,
the weekly chart MACD dead cross will be released,
so you can press it again.
There are two conditions for the dead cross to be imprinted:
it is pushed to 86.5K at the bottom (major support line)
or it is imprinted naturally while moving sideways.
It won't be easy to break through all the resistance lines at once with a vertical rise
and touch the Bollinger band resistance line, right?
Of course, it is possible if the Nasdaq goes crazy while soaring.
This week, it can continue to shake while moving sideways,
and it doesn't look easy to see an upward trend,
so short-term trading seems advantageous.
I marked 89,853.5 dollars below the bottom,
and since it is a section where a newly created mid-term upward trend is maintained,
it seems safe to just hold this spot this week.
Above all, the Nasdaq movement is the most important,
so check it in real time.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you operate safely with the principle of trading and cut-off price.
Thank you for reading.
BTC#10: BTC Adjusts as Analyzed. What's Next!!!
💎 💎 💎 Did you make a profit in the previous post #9? Like and Follow the channel to follow the earliest trading plan. 💎 💎 💎
🔥So BINANCE:BTCUSD BINANCE:BTCUSDT adjusted as analyzed in the previous post. Although there is no information, you can see that the price line reflects many signs, right? :)) . Now let's plan the next step:🔥
1️⃣ **Fundamental analysis:**
📊Trump's tax hike causes traders to seek safety, the crypto market plummets
🔴The US dollar skyrocketed after Donald Trump's tax announcement, pushing many currencies to multi-year lows. This point is believed to be the main reason for the market's lack of liquidity, causing the recent sharp decline
🚀Utah could become the first US state to establish a Bitcoin reserve fund, as the state only has 45 days to decide. The recently passed bill would allow public money to be invested in Bitcoin and other approved cryptocurrencies.
📌 Over $2 billion was liquidated, including $1.8 billion in long positions, as Bitcoin fell from $101,000 to below $92,000.
2️⃣ **Technical Analysis:**
🔹 **D Frame**: Price is still supported at the 91K area, however today's candle close will determine whether this support zone is broken or not
🔹 **H4 Frame**: The bearish structure is easy to recognize. However, the candle pattern is still very bad and there is no positive signal yet.
🔹 **H1 Frame**: The price structure is bearish and there is no reversal signal yet. We will have to wait a long time for the price structure to form before there is a change in trend
3️⃣ **Trading plan:**
⛔The current price structure is absolutely supportive of the bears, so we should not rush to catch the bottom of the support zone. The signs from previous tests are not very positive. We will have to wait for today's D candle to end to see the value of this support zone.
✅ Prioritize finding selling positions in the current area. Tax policy information is not something that can be changed. In the short term, there is no information strong enough to support the cryptocurrency market in general and bitcoin in particular. The lack of liquidity due to tax policy will keep BTC in a correction wave in the near future.
💪 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer you for free
Bitcoin Bybit chart analysis january 31
Hello
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This is Bitcoin's 30-minute chart.
There will be two Nasdaq indicators released at 10:30 in a little while.
There is a gap section at the top and bottom of Nasdaq,
so it seems likely that it will shake once.
Bitcoin has MACD dead cross pressure on the 4-hour chart.
I created today's strategy by comparing it to Tether Dominance.
*When the blue finger moves,
Bidirectional neutral
Short->Long switching, or long position waiting strategy
1. $104,641.5 short position entry section / Orange resistance line breakout, stop loss price
2. $103,12 long position switching / Green support line breakout, stop loss price
(If it comes down right away, 104.6K is the long position waiting section, same stop loss price)
3. $106,943 long position 1st target -> Target price in order
To ignore the 4-hour chart MACD dead cross,
The condition is that it touches the 1st section or more, the 4-hour chart resistance line of the Bollinger Band.
If not,
It should be imprinted while moving sideways until 9, 1, and 5 o'clock when the 4-hour candle is created,
and I created a strategy based on that.
The first section at the top is a sideways section / the blue support line at the bottom is
an upward trend line from a mid-term perspective.
If the green support line breaks,
you should be careful because it can go down to Bottom -> 2 at once.
I'm not in good condition today,
so I'll finish here and go in.
Please use my analysis so far as a reference and only
I hope you operate safely with principle trading and stop loss prices.
Thank you.
BTCUSD - HEADED LOWER?Symbol - BTCUSD
BTCUSD is currently encountering substantial resistance, with the price being significantly repelled from the 105-107K zone, establishing a strong resistance area. However, this resistance does not yet negate the broader bullish outlook in the market. A complex market structure is unfolding, characterized by both a descending channel and a symmetrical triangle pattern. The interpretation of these formations will depend largely on how market participants perceive them. A potential reaction to the support of the symmetrical triangle could result in a brief rebound; however, considering the prevailing resistance levels, it is anticipated that this rebound will be shallow, with the price likely attempting to move lower.
Looking at the descending channel, the price is currently supported by a key level at 1,01,600 which is crucial in preventing further declines. This level will play a decisive role in determining the near-term price action. The primary uncertainty lies in whether this support will hold or be breached.
On a fundamental level, the situation remains uncertain and largely dependent on developments in the United States, particularly regarding how political figures, including former President Trump, address cryptocurrencies. This could manifest in various ways: as a bubble, a strategy to influence elections, or simply as rhetorical posturing. Alternatively, it could reflect a genuine, coherent policy direction.
Resistance levels: 1,03,500 - 1,05,800
Support levels: 1,01,600 - 99,600
The 1,01,600 level remains the focal point. In the short term, a potential breakdown below this level followed by price consolidation could lead to a decline to the 100-97K range. However, given the presence of the symmetrical triangle, a false breakdown of 101.6K could trigger a brief upward bounce before a subsequent decline towards the 100K level.
BTCUSDENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
BTC#9: BTC is likely to have a correction and here's why
💎 💎 💎 Did you make a profit in the previous post #8? Like and follow the channel to follow the earliest trading plan. 💎 💎 💎
🔥 Let's plan for the next BINANCE:BTCUSDT BINANCE:BTCUSD 🔥
1️⃣ **Fundamental analysis:**
📊US consumer price inflation accelerated late last year, supporting the Fed's decision to pause interest rate cuts
🔴 Trump announces 25% tariffs on Canada and Mexico, "Trade war" begins again
🔴Trump threatens that tariffs will take effect on February 1! Influenced by Trump's tariff policy, the market's risk-off sentiment has increased significantly.
🚀 15 US states are pushing for strategic Bitcoin reserves, with Arizona and Utah temporarily leading
📌 In the past hours, the entire network has liquidated $204 million, mostly buy orders
2️⃣ **Technical analysis:**
🔹 **D Frame**: Although the price structure is still increasing, the reaction of the resistance area shows that we will have a correction.
🔹 **H4 Frame**: So the resistance area has been confirmed. The price continues to SW this area without a breakthrough, we will have an official correction. The price will find the support area below
🔹 **H1 Frame**: As you can see, the current price structure is bearish. Currently, I do not see any signs of price reversal.
3️⃣ **Trading plan:**
⛔In the previous article, you can see that this scenario was predicted. The current price reaction is very weak for the BUY side. We will have to wait at the support zone below.
✅If anyone has a good position at the resistance zone of 104k~105K, there is a basis to wait for a better profit. If anyone does not have a position, they can wait for the price structure if there is a slight recovery to the resistance zone above. Both the fundamental information and the price line support the option that there will be a deeper correction for BTC
💪 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer you for free
(Lunar New Year Special) Bitcoin Bybit chart analysis january 24Hello
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Bitcoin 4-hour chart
This is the main drawing section.
It seems to have taken about 2 and a half hours just to draw it.
The section where the flag is marked is the section where the daily chart is created,
and the last flag is January 31st, when the holiday ends.
This week, there has been absurd and bizarre repetition of
unasked rises and unasked falls.
The reason is that after the report was updated,
as I explained in detail in the last video,
it is right before the bitcoin price skyrockets.
Based on the Bollinger Band weekly chart, it is important to see whether the resistance line is touched first
(a major rise)
and whether the MACD dead cross on the weekly chart
will occur first,
and adjustments and sideways movements will occur.
Based on that, if you look at the high and low points on the right,
I have indicated the prices.
At the very top, 117,182 dollars touches the weekly chart resistance line,
moving towards a mid-term upward trend
If 99,703 dollars at the bottom is broken first,
it will be the place where the weekly candle low is broken.
It would be bad if the two light-colored sky-blue support lines I drew were broken.
Because it is the place where the sideways movement and support line are broken,
I calculated the main section, so
I think it would be good to refer to it.
This is a 30-minute chart of Tether Dominance moving in the opposite direction of the beat.
Today, in terms of the pattern,
it touched the 5-minute and 15-minute resistance lines,
and the 30-minute chart resistance line section order.
I carried out a short position strategy in the sky blue finger section/strong downward section.
In the case of Tether Dominance,
the 6-hour chart and 12-hour chart MACD dead cross are currently in progress.
I applied it to Bitcoin as is.
Here is the Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 12 o'clock tonight.
The Nasdaq is in the process of a 6-hour MACD dead cross,
and I judged that this section is not very dangerous.
The short-term pattern is still alive,
and the MACD golden cross is imprinted on the weekly chart,
and even if there is a strong adjustment in Nasdaq,
since the 1+4 rising pattern is waiting,
I focused on the rise and proceeded with the strategy.
*One-way long position strategy when the red finger moves
1. $104,740 long position entry section / stop loss price when the green support line is broken
2. $109,231.5 long position 1st target -> target price in order from the top
Based on the Tether dominance movement and the Bitcoin pattern,
I focused on the rebound from the 30+1 pattern.
Up to the first section, it is a sideways movement, and from the top section, it is a new record, and if it reaches this point, it will continue to rise significantly.
In preparation for a strong adjustment in Nasdaq,
I maintained the stop loss price for the 30-minute support + 1-hour support of the second section, which is marked as the final long position waiting section.
If it touches the bottom section today,
It is not good because the daily chart low is broken.
If it falls to 101.4K at the very bottom,
Pay attention to the 6+12 pattern that was not recovered yesterday.
Basically, if it comes down to this section,
It is not good because the center line of the 12-hour Bollinger Band chart has been touched several times,
and the support line of the 6-hour chart is also open.
Please refer to the final support line explained at the mid-term point at the top.
Today, I explained it in detail for the first time in a while,
and I did my best to analyze a week's worth,
I hope it was helpful for your actual trading.
Up to this point, I ask that you simply use my analysis for reference and use only
and I hope that you operate safely with principle trading and stop loss prices.
Since it's a long holiday,
don't just look at the charts,
and I hope all my followers have a good time with their families next week on Lunar New Year.
Happy New Year.
Thank you always.
BTC#8: Read BTC price line and trading plan
💎 💎 💎 Did you make a profit in the previous post #7? Like and follow the channel to follow the earliest trading plan. 💎 💎 💎
🔥 Let's plan for the next BINANCE:BTCUSD BINANCE:BTCUSDT 🔥
1️⃣ **Fundamental analysis:**
📊The Federal Reserve keeps interest rates unchanged
🚀Today is the expiration date of BTC futures
📌 US Senator Cynthia Lummis: will hold a public hearing on strategic Bitcoin reserves. This is important information. If BTC is accepted as a reserve asset. The cash flow into BTC will be huge in the near future.
2️⃣ **Technical analysis:**
🔹 **Frame D**: Once again, the price reacted in the 106xxx area. This test gives a weaker price reaction than the previous one.
🔹 **H4 frame**: The price has not surpassed 107xxx so it is not certain that BTC will break the peak.
🔹 **H1 frame**: The short-term price structure is still increasing. It is highly likely that the price will find the support zone below.
3️⃣ **Trading plan:**
⛔The price line has not completely escaped the SW zone, so if you participate in trading in this area, you must stick to the price structure.
✅ In my personal opinion, BTC will likely have another correction before it can break through the old peak. For the time being, we will wait for the price reaction at important support zones.
💪 **Wish you successful trading!**
📌 For any questions, please contact us directly. I am ready to answer you for free
BTC#7: Will the price continue to break the peak? Trading plan💎 💎 💎 Did you make a profit in the previous post #6? Leave a comment and tag your friends to share. 💎 💎 💎
🔥Let's plan for the next BTC 🔥
1️⃣ **Fundamental analysis:**
📊 The US CFTC Chairman has launched a series of public roundtables, including topics such as digital assets. This predicts unforeseen fluctuations in the future.
🚀The BTC futures contract expiration date is approaching, plus the market's increasing demand to buy more BTC since Trump took office is the main driving force for the current uptrend
📌 The market is currently very sensitive to information related to BTC and government policies.
2️⃣ **Technical analysis:**
🔹 **D frame**: Yesterday ended with a pinbar that brought excitement to the market sentiment
🔹 **H4 frame**: Keylever has been broken, showing signs of a correction, but we still need confirmation at the resistance area above
🔹 **H1 frame**: The price has broken out of the triangle and is currently looking for important resistance zones. However, the current price structure is bullish.
3️⃣ **Trading plan:**
⛔As you can see, the main trend is important, even though the price has decreased, it still recovers quickly. At this time, absolutely do not FOMO when the price breaks the top and bottom because the price line needs confirmation. Wrong orders not only erode capital but also distort trading psychology, leading to wrong judgments
✅ In my personal opinion, the structural breakdown in the H4 frame shows signs that the market is likely to have a correction. In addition, because the price line has been increasing for a long time, adjustments to gain momentum to move to a higher price range are common
💪 **Wish you successful trading!**
📌 For any questions, please contact us directly. I am ready to answer you for free
👉 Follow to be updated with the earliest plans.
BTCUSD TRADING POINT UPDATE > READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update 🗺🗾 Cryptocurrency Traders SMC-Trading Point update you on BTC USD Trading Signals BTC USD still holding it down trand 107k 3 Time rejected oderbolk ) 105k) rejected again Short Trade now 3H Time Frame 🖼️ target point 99k)
Key resistance level 107k) 109k)
Kye support level 102k) 101k ) 99k)
Mr SMC Trading point
Support💫 My hard analysis Setup like and following me 🤝 that star ✨ game 🎮
BTC#6: SW is uncomfortable but coming to the breakthrough.💎 💎 💎 Plan #5 first helps you make a profit. Please leave a comment and tag your friends' names to share. 💎 💎 💎
1️⃣ ** Basic analysis: **
📊 Trump signed the executive command on cryptocurrencies: Clarifying the framework of management and discovery of national cryptocurrency reserves
Buffett of Buffett's Berkshire Hathaway is gradually grasping cryptocurrencies.
🚀 Ohio state proposes a Bitcoin reserve bill
📌 A series of information that brings optimistic psychology to the cryptocurrency market in general and BTC in particular.
2️⃣ ** Technical analysis: **
🔹 ** Frame D **: The price is still swing in the past few days
🔹 ** H4 **: Price structure is still increasing and has not changed.
🔹 ** Frame H1 **: The price is still swing in the triangle and progresses to the breakthrough
3️⃣ ** Transaction plan: **
⛔ This is the SW area that is not suitable for the command. It is difficult to predict the price line in the current area. Control greed.
✅ My personal opinion that about the structure of large and small frame prices is increasing. If there is a structure, we can confirm about a adjustment beat. The current trend should wait for Buy when the price is important.
💪 ** Wish you successful transactions! **
📌 Any questions please contact directly. I am ready to answer for free
#trading #trade #tradeindia #newtrader #newbie #Blockchain #Forex #tradingView #plants #trader #tradingforex #btcusd #bitcoin
BTC#5: Summary of trading plans for BTC💎 💎 💎 In post #4, we made the choice to stay on the sidelines. What do you think about this decision? Leave a comment 💎 💎 💎
Based on yesterday's price reaction. Today, I continue to bring you the BTC trading plan and price prediction in the coming time:
1️⃣ **Fundamental analysis:**
📊 In his speech, Trump did not mention cryptocurrencies or Bitcoin, which caused:
⚫Bitcoin decreased by 3.2%.
⚫Cryptocurrency Market Liquidations Hit $200M+
🚀 Google Cryptocurrency Searches Hit 5-Year High
📌 Acting SEC Chairman Mark Uyeda Announces New Crypto Task Force Led by Commissioner Hester Peirce to Develop a Clear Regulatory Framework for Crypto Assets
2️⃣ **Technical Analysis:**
🔹 **D Frame**: Although the price broke the previous high, the closing candle shows that the Resistance Zone is not completely broken
🔹 **H4 Frame**: We can see the appearance of the 2nd peak which is lower than the 1st peak. The price structure is still bullish.
🔹 **H1 Frame**: You can see the Sideway triangle I drew on the chart. The current price structure is still increasing
3️⃣ **Trading plan:**
⛔ Regarding the trend, everything is still in an increasing price structure. However, the price reaction at the old peak area and the market's upward momentum have "cooled down", so any possibility can happen and is mentioned in the H1 Plan
✅ In my personal opinion. The price line is likely to have an adjustment to gain momentum to overcome the old resistance zone. However, the structure has not been confirmed yet, so we still focus on finding opportunities to place BUY positions in accordance with the main trend of the market.
💪 **Wishing you successful trading!**
📌 For any questions, please contact us directly. I am ready to answer you for free
👉 Follow me to see the results
Bitcoin Bybit chart analysis january 20
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Bitcoin 30-minute chart.
Today, Nasdaq is closed and there is a high possibility of sideways movement.
In the case of Bitcoin, the report is being updated,
and the movement is coming out as expected before.
The most important part is whether the weekly chart MACD dead cross is in progress.
If the Bollinger band weekly chart resistance line is touched,
the dead cross is ignored and can continue to rise,
but if it is not touched,
the dead cross must be imprinted while moving sideways,
so the sideways movement period may be long in the mid-term.
Today, based on trend following
* One-way long position strategy when the red finger moves
1. $ 107,086.5 long position entry section / stop loss price when the green support line is broken
2. $ 113,417 long position 1st target -> Good 2nd target
The Good section at the top is the weekly chart Bollinger band resistance line. From this section touch, you can operate a short position autonomously,
and from the update of the report, it can shake up and down greatly,
so you must proceed with the stop loss price unconditionally.
From the green support line -> Bottom, a long bullish candle is in progress,
and since it is a full candle,
even if it moves sideways,
it should not go down to the bottom and
should be supported.
Up to this point, I ask that you simply refer to and use my analysis,
and I hope that you operate safely with principle trading and stop loss price.
Thank you.
BTC#4: Things to watch out for when BITCOIN breaks the top💎 💎 💎 Plan BTC3# helps you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊 Trump plans to make cryptocurrency a "policy priority" and consider suspending related lawsuits and establishing a national reserve fund.
🚀 The Fed's dovish stance combined with Trump's pro-crypto stance creates the foundation for the market to grow.
📌 Liquidation of positions has exceeded $90 million, most of which are sell orders. This also contributes to pushing BTC prices higher.
2️⃣ **Technical analysis:**
🔹 **D frame**: As you can see, after scanning the 89xxx~90xxx area and closing with a pinbar, the price line has been increasing continuously until now.
🔹 **H4 frame**: The resistance zone of 102xxx has been broken and acted as support to push the price above the old peak. The price structure has been confirmed in the H4 frame that the old peak has been broken by a candle closing through the 106k~108k area
🔹 **H1 frame**: You can see the price line testing the trend line and increasing according to the textbook theory. You can see that I drew the support zone in #3 just now. Currently, the price has broken through the old trendline, but the price is still reacting at the old peak area.
3️⃣ **Trading plan:**
⛔ As I have provided you, the number of liquidated sell orders is very large. So we should not go against the trend to catch falling knives at this time.
✅ Currently, in my personal opinion. Market information is very excited with TRUMP's moves in the past time. This will attract many new investors and push BTC prices to continue to increase in the near future. However, today I will not give a trading plan because we do not know how high BTC prices can increase. Establishing a position at resistance brings high risks because R:R is no longer reasonable. 🚀 Give yourself a period of time to observe the price line and listen to information to make long-term decisions.
💪 **Wish you successful trading!**
Bitcoin Technical - Jan-2025While Bitcoin has hit a new high, the technical indicators suggest that a short-term correction might be imminent, which could be seen as an opportunity for buying at lower levels before the next rally. However, market sentiment and external factors could always sway these technical readings, so traders should remain vigilant.
BTC#3: Will Bitcoin continue to increase? What to do when you mi🔥 🔥🔥 Plan BTC#2 Has gone as planned. Currently, the BTC price has surpassed the Key lever 1026xx. And is approaching the old peak. I will continue to plan to help everyone have a panoramic view to make trading decisions for themselves. 🔥 🔥🔥
1️⃣ **Fundamental analysis:**
📊 Information about Donald Trump's inauguration has contributed to promoting optimism for the electronic market.
🔴 In addition, the possibility of Trump announcing a strategic Bitcoin reserve will further boost the demand for BTC in the near future when other major countries will also launch corresponding strategies.
2️⃣ **Technical analysis:**
🔹 **Frame D**: You can see that BTC is still increasing very strongly. We still don't see any signs that the price line wants to adjust, which shows the very positive sentiment of the current market.
🔹 **H4 frame**: The bearish price structure has been broken as I analyzed in the previous article #2. Currently, the price has not had any correction. However, the price is also very close to the resistance zone above
🔹 **H1 frame**: There is not much difference compared to H4, it can be seen that although there are slight corrections, the price line is still showing that the bulls are still absolutely dominant
3️⃣ **Trading plan:**
⛔ Absolutely do not hold losses at this time. The price line increasing without signs of adjustment will further torture the trading psychology of traders trading against the trend. In addition, the price increases continuously without stopping will form a FOMO mentality for those who have missed the opportunity. However, if we set up a buy position here, it will be difficult for us to achieve the desired profit when the R:R ratio is too risky
✅ The current price zone is no longer suitable for setting up a position. My advice for you is to patiently wait for the next correction when the price returns to important support zones.
🚀 At the present time, if anyone has a good position in the 955xx area, we can completely wait for even greater profits.
💪 **Wish you successful trading!**
Bitcoin Bybit chart analysis january 16Hello
It's a Bitcoinguide.
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If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 10:30 in a little while.
In the 3-hour chart, where there is MACD dead cross pressure,
Nasdaq has a possibility of a vertical rise in real time,
and Tether Dominance has a possibility of a vertical fall from the current position.
As you can see from this week,
it just opened its mouth and went up to about $11,000, right?
Looking at the candle shape and cost-effectiveness,
I could miss the entry point, so I set a short stop loss and operated aggressively.
*Red finger movement path
One-way long position strategy
1. Pursuit purchase at $98,982 / When the purple support line is completely broken
Or when the 2nd section is touched, stop loss price
2. Top section 101,883.5 dollars 1st target -> Good 2nd target price
Since it is touching the expected support line first today, I am going to see the outcome.
The purple finger 99.7K at the top is the best short position entry point for today.
Since the 2nd section is the center line touching section of the 2-hour Bollinger Band chart
The short-term pattern can be broken,
It is best to raise it from the purple support line if possible
From the perspective of a long position.
The convergence section of the 1st and 2nd sections is a sideways market
The 3rd section is the 1+4 major support line.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you operate safely with the principle of trading and cut-off price.
Thank you.