BTC ALL TIME HIGH NEW TARGETHello friends as I've told earlier now BTC gets bullish as it has already taken support from daily time frame trend line.
Now new short term target I've found from pole & flag in 30min time frame. As all time high there is no resistance. Also now election is over so markdt will be stable.
This new target is valid if given proper breakout. Then with good probability and risk reward is achieved.
This is my personal view no buy sell recommendations.
Give your views in comment section.
Btcusdanalysis
Bitcoin Bullish Flag Breakout Potential Above 760000Details:
Asset: Bitcoin (BTC)
Breakout Level: Above 760,000
Potential Target: Strong upside potential based on bullish flag breakout
Stop Loss: Below 760,000 or as per individual risk management
Timeframe: Medium to long-term (weekly timeframe)
Rationale: Bitcoin is displaying a bullish flag pattern on the weekly chart, and a breakout above the 760,000 level could signal the start of a significant upward trend. The potential election of Trump, who has historically been perceived as pro-crypto, alongside Elon Musk’s pro-crypto stance, could provide additional support for Bitcoin’s upward trajectory.
Market Analysis:
Technical Setup: The weekly timeframe shows a bullish flag pattern, a signal often associated with continuation of an uptrend. Breaking above 760,000 could trigger buying momentum.
Political Influence: Trump’s and Musk’s favorable views on crypto could help attract more institutional and retail interest in Bitcoin, enhancing upward momentum.
Price Target:
The flag breakout suggests potential for a substantial move up, with further levels to be analyzed based on historical resistances if the 760,000 level is breached.
Risk Management:
Implement a stop loss below 760,000, allowing for downside protection if the breakout does not hold.
Timeframe:
The move could develop over the medium to long-term, aligning with the weekly timeframe signal, though news-driven volatility may accelerate movements.
Risk-Reward Ratio: Given the potential political support, this setup offers a favorable risk-reward ratio if Bitcoin sustains the breakout, with notable upside potential and a clear technical level to manage risk.
Stay attuned to election outcomes and market responses to political shifts, which could impact the crypto market and Bitcoin’s trajectory in particular.
BTC inverted cup and handle in 5min timeframeAs I've just seen this I thought to share with you guys.
Inverted cup and handle also form at lower time frame.
While doing btc live trading I've already seen big time frame inverted cup and handle if this coincides with smaller time frame and give breakdown as planned then there is a good opportunity for sellers to move its price further down.
Also buyers try to book their profits.
So this gives more probablity trade setup.
And with good risk to reward and money management one can become a profitable trader.
Its not buy sell advice just my personal view.
Can you share your views.
BTC more fall down possibilityAs we've seen big fall and now btc trading in back in daily time frame channel.
This shows that more fall may be coming soon. This is good possibility with high probablity of trade.
Its a really good trade if hits gives good risk to reward.
This is my personal view no buy sell advice.
BTC RETEST OR FAKE BREAKDOWNAs we've seen long consolidation into BTC now any where it is going to shoot either breakout above green or breakdown below red.
Lets give your views into comment section.
Here only money management snd high risk reward can keep you in profitable for long run.
Its not a buy or sell recommendations just my view to discuss with you all.
BTC sideways two possibilitiesHere a good consolidation since many hours. This will make sideways market.
So this will always gives good returns when we have a breakdown or breakout.
1) we've cup and handle pattern if breakout green line.
2) we've M pattern breakdown if red line breaks.
Lets see this is my personal view no buy sell recommendations.
BTC seems like a breakdown furtherAs per my favorite pattern it is forming head and shoulder pattern.
But not yet confirmed the neckline breakdown.
So lets see do we get more correction in BTC or buyers can combat once again.
Lets comment down your views.
This is just my personal view no buy sell recommendations.
SWING TRADE IN BITCOIN - TRADE ON SHORT SIDE FOR HUGE PROFITSymbol - BTCUSDT
BTCUSDT is currently trading at 68200
My reversal setup has formed in BTCUSDT & I'm seeing a trading opportunity on sell side.
Shorting BTCUSDT Futures at CMP 68200
I will add more position if 69000 comes & will hold with SL 70300
Targets I'm expecting are 65920 - 63300 - 60875
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BITCOIN SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BTC's Epic Move! This BTC trade, which I shared with you on October 26, didn’t show much movement initially. But yesterday, BTC finally took off and has given over 1.4k+ points in profit so far! 🎯🔥
If you've booked your profits, that's awesome! 👏 Due to TradingView's new update, the post option wasn’t visible on mobile, so I couldn’t give you timely updates.
To everyone who took this trade, share your profits and let me know how you found this setup! Let’s see some epic comments! 🚀📈
BTCUSD SHOWING A GOOD UP MOVE WITH 1:6 RISK REWARDBTCUSD SHOWING A GOOD
UP MOVE WITH 1:6 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Bitcoin 1D Technical Analysis & Commentary - Bitcoin is currently trading at 66,855
- Bitcoin purged above 69,000$ for the first time after 3months
- Now let's talk about the Price Behaviour of Bitcoin, if you look at the daily chart of Bitcoin you see the Highs are making higher highs and the lows are also making higher lows
- Market Structure has so far remained bullish
- The market structure will shift to bearish once we see Bitcoin trading below 58,805 on a weekly timeframe
- I see a couple of Fair Value Gaps around 63,462,64,000$ and 60,771-61,806$
- Imo these FVGs can soon get filled and according to the data buyers carry a lot of interest around 65,000$
- So what does this unfold? Bitcoin can make a quick wick followed by a sudden dump consume all limit buys and liquidate all late longs post that show us an expansionary move by filling the gaps and making a new high this time.
- For Spot buyers you should be focusing on 61-65k that zone will be good to accumulate alts majors or any other coin you want
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Where is it head for?Bitcoin trading comes with several risks, including:
Volatility : Bitcoin prices can fluctuate dramatically in a short time, leading to potential losses.
Regulatory Risk: Governments may impose regulations that affect trading or the legality of Bitcoin itself.
Security Risks : Exchanges can be hacked, and wallets can be compromised, leading to loss of funds.
Market Manipulation: The relatively low market cap compared to traditional assets can lead to price manipulation by large holders or "whales."
Lack of Consumer Protections : Unlike traditional financial markets, protections for investors can be limited in the crypto space.
Technical Risks: Trading platforms can experience outages or technical issues that prevent transactions from being executed.
Psychological Factors: The emotional highs and lows of trading can lead to poor decision-making.
Liquidity Risks : In times of market stress, it may be hard to sell assets without significantly affecting the price.
Understanding these risks is crucial for anyone considering trading Bitcoin.
BITCUSDENTRY 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.
"Conquering Bitcoin: Over 2,000 Points Captured in a Single Trad"Just like I shared yesterday, this Bitcoin trade played out perfectly, capturing over 2,000 points! We saw a strong upward move and hit all the right levels. With precise entries and exits, this trade is another example of how important it is to stay ahead of market trends. Keep following for more such golden opportunities that deliver solid returns. We are here to conquer the crypto market!"
"BTC Trade Update: Massive 1264 Points Target Hit!"
Our community is rocking with this BTC trade! As promised yesterday, we’ve hit a massive 1264 points target, and the trade is performing exactly as predicted. If you've booked profits on this one, make sure to set the comment section on fire! I want to hear about all the gains you’ve locked in—let's get the energy flowing.
Share your profit screenshots and let me know in the comments! Stay tuned because I’ll be sharing more powerful trades soon!
BTC Trade Update : "BTC Rocket Ride: 669 Points Gained, Target i"BTC's price action has come close to hitting the first target. So far, the trade has delivered 669 points, showing strong momentum towards our anticipated levels. With price testing key support zones and facing resistance near 63,462, there's still potential for further movement. Keep an eye on the next levels for a possible continuation or pullback, as the 61,602 zone below could offer critical support if the momentum shifts."
Bitcoin 1D Swing Trade Setup- Bitcoin is currently trading at 62,826$
- Bitcoin showed us an impulsive move yesterday where we saw BTC jumping from 59-63k straight
- Bitcoin in this impulsive move had made a Fair Value Gap on a daily chart
- For a Market Structure shift BTC needs to flip and make a weekly close above 66,598$
- If you are looking to build less leveraged longs then focus at 61,354$
- Market Structure will flip bearish once we see a weekly close below 58,000$
- If we look at the lows made recently BTC is still intact with a lower high structure the lows are also getting bought back impulsively
- Manage risk properly that's the ultimate mantra