Btcupdate
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Precisely predicted $43,145 support test, bearish engulfing on 1D and 4H from Sat played out as expected. Currently struggling to gain string support at $43,145. RSI on 4h and 1d looks fine. $43,868-$44,174 resistance area to watch for breakout, $42,070 next key support
BTCUSDT good for short (Bitcoin short position)****************************************************************************************************
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* This chart is sharing information are based on the theory of technical analysis .
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* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
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Trade entry : 37685
SL : 37848
Target : 37200 \ 36946 \ 36354
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Trading_Cafe24
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BTC bullish breakout? As per CNBC report,
It is noted that BTC has Lowest Volume participation in Last 4 Years.
"The U.S. regulatory crackdown on crypto combined with the end of the banking crisis in May (which accounted for much of its year-to-date gains) drove market makers and traders away – and they haven't had a reason to return"
But after US 10 years bond yields report,
It is acting like Catalyst.
In amid uncertainty of global market, this sudden movement in the BTC price has been Observed.
It is likely to retraced back since volume participation is not much to an expectation.
Need to see if it hold above the upper trend line.
BTCUSD : continue the strong escalation momentum While the news may not be real, the money at risk is very real. Data from tracking firm Coinglass shows that a total of more than $85 million worth of positions, mostly short positions, were liquidated in the past 24 hours.
While misinformation is inevitable with a market beloved by both scammers and digital enthusiasts, this scam has heated up the debate over whether the market has truly priced in the market. The emergence of a Bitcoin spot ETF yet. It also underscores regulators' concerns that individual investors lack basic protections in the markets — a sticking point that has previously led the Securities and Exchange Commission to limit openings. widen market access.
According to Michael O'Rourke, chief market strategist at JonesTrading, “the fake news about a Bitcoin spot ETF being approved highlights the challenge of protecting investors in an unregulated, attractive space. Shady activities and widespread speculation.”
BITCOIN btc value buying analysis hello everyone welcome to crypto trading ideas and investing charting
we are watching btc on weekly and daily basis,
from previous down trend we have seen the bullish break of structure,
we have seen some liquidity area and internal pullbacks,
but currently price is making small bars and moreover sideways
this looks like less buying demand at CMP
im expecting price to pullback at HTF demand zone
theyre marked with green and yellow arrows
this will make false breakout
need to correct 10-20%
disclaimer -
im charting this for education and not financial call
BTC SHORT TO 22786So we are again looking at a QS on daily and we are completing the 4th Leg on Daily TF, the 5th leg should start from 27860/28280 zones
SL 28888
TP1 24444
TP2 22786
we will be trapped in 220-620 loop
break of 620 we go 420 the 220
bigger picture
28888->18888
slice 1 : 27860 ->24444 (Short)
Slice 2 : 24444 ->26200 (LONG)
Slice 3 : 26200->22786 (Short)
SOL/USDT:-A Bearish Swing leading to Long-Term Buying ?SOL/USDT:- Anticipating a Bearish Swing for Long-Term Buying Opportunity
Introduction:
In this SOL/USDT technical analysis, we'll delve into the current market conditions, potential price movements, and identify an attractive long-term buying opportunity within the cryptocurrency pair.
Liquidity Swipe Area:
Our analysis suggests that SOL/USDT may experience a liquidity swipe area around the $20.620 mark. This area could act as a pivotal point where price manipulation traps buyers before a potential fall.
Anticipated Price Decline:
We foresee SOL/USDT's price declining to the range of $12 to $14.
Traders may consider this potential dip as an opportunity to capitalize on short-term moves and manage risk accordingly.
Long-Term Buying Opportunity:
For those with a long-term perspective, the $12 to $14 price zone holds promise as a buying opportunity. Cryptocurrency markets are known for their volatility, and strategic accumulation in this range could position investors for substantial capital gains over time.
By keeping a watchful eye on these key levels and executing well-informed trades, you can navigate the dynamic cryptocurrency market with confidence.
BTC/USDT :- Anticipating Price Swing and Bullish Order Block?
Welcome to this comprehensive technical analysis of BTC/USDT. In this analysis, we'll delve into recent price trends, potential support and resistance levels, and a notable bullish order block.
Price Projection and Swing Potential:
BTC/USDT has experienced a recent downturn, with the price having potential to retrace towards the 28200-28000 range. This correction could provide a healthy reset for the cryptocurrency, potentially offering traders an opportunity to accumulate at a lower price point.
Anticipated Price Rally:
As the price tests the support area around 28200-28000, a rebound could lead to a notable rally. Traders should closely monitor the price action as it approaches the 30200-30400 range. This resistance level could serve as a critical test for BTC/USDT's bullish momentum.
Bullish Order Block Analysis:
A key highlight in our analysis is the presence of a bullish order block at the 28200 level. Order blocks often act as significant support zones, reflecting a cluster of buy orders. The presence of a bullish order block enhances the likelihood of a rebound from the 28200 level, potentially validating our projection of a price swing towards the 30200-30400 range.
Conclusion:
The BTC/USDT technical analysis suggests a potential fall towards the 28200-28000 range, presenting an opportunity for traders to accumulate. A subsequent price rally towards the 30200-30400 range is anticipated, contingent on successful support confirmation. The presence of a bullish order block at the 28200 level further bolsters our analysis.
For more insightful analyses and timely updates, follow our TradingView profile.
BTCUSDT SHORT 15 MIN ENTRY @3025
SL @30353
TGT@30010, 29800, 29540 +
After a SL in long entry previously I have taken a short position as per my setup post retest and a breakdown of support. There is also a bearish crossover and it is below 0 level so let us see if this takes a SL or target. There is no shame in taking SL for me as I know my setup gives me a 1:5+ ratio in trades so I do not mind taking SL 5-10 times straight. I tried taking trades on 5 min they work on BTC but now as 15 min or 1 hour. So from next time I will try to trade only on 15 min min frame ignoring shorter frame of 5 or less in Bitcoin.
Bitcoin rocket Booster Firstly you can see Bitcoin is reversing from its down trend, Now it has formed pole and flag on 1D frame.
You can also see it has given fake breakout on 200 Ema downside (Confirmation for upside strong momentum)
It has exactly retest from 0.38 Fibonacci level.
Last resistance has becomes today's support (where it has reversed from 200ema)
Bitcoin Has Taken Its Bottom ?Bitcoin Has Taken Its Bottom.,
You Can See In The Chart That In 2017 Bitcoin Formed Support By Falling 70.71% And In 2022 By Falling 60.00%. And After That In 2017, Bitcoin Fell By 45.88% And Made The Bottom Of Its 3rd Cycle. And Even In 2022, Bitcoin Fell By 46.05% And Made A Chart Like 2017 , It Seems That Bitcoin Has Made The Bottom Of The 4th Cycle.
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