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 🎮
Btcusdsignals
Concerns about interest rates put pressure on BitcoinThe world's largest cryptocurrency once surpassed the $100,000 mark thanks to a prolonged recovery from the late December drop. However, losses on Tuesday and Wednesday wiped out this recovery entirely, bringing Bitcoin back near its late December lows.
Bitcoin fell 0.3% to $96,607.7 at 12:49 AM ET (5:49 AM GMT), after losing more than 5% on Tuesday.
Bitcoin also faced profit-taking pressure after an impressive 2024. Most of Bitcoin's gains followed Donald Trump's victory in the presidential election, as he promised to implement pro-cryptocurrency policies.
However, the cryptocurrency market is now awaiting further signals on Trump’s policy plans as he assumes office on January 20.
December’s Purchasing Managers' Index (PMI) data, while painting a brighter picture of the U.S. economy, also raised concerns that inflation may persist in the coming months, giving the Fed more reason to reduce interest rates gradually.
The central bank downgraded its rate-cut forecasts for 2025 in its December meeting, citing concerns about persistent inflation and confidence in the labor market.
Fed officials reiterated this message earlier this week.
Prolonged high interest rates are unfavorable for speculative assets like cryptocurrencies, as they limit the liquidity flowing into this sector. This trend hurt the cryptocurrency market throughout 2022 and much of 2023.
CFD Trading Strategy with BTC
The larger trend on the H4 timeframe is showing the formation of a parallel descending channel, with strong bearish candlestick closures on both H4 and D1. The analyst's view remains to wait for price retracements to key resistance levels and main FIBO levels to look for SELL opportunities.
SELL ZONE: 96,750 - 97,250
SL: 99,000
TP: 94,000 - 92,500 - 90,000 - ????
Strictly adhere to the Take Profit (TP) and Stop Loss (SL) levels to ensure account safety.
GOOD LUCK!
BTC has fallen sharply since returning to $100,000Bitcoin funds experienced a strong net outflow of approximately $543 million after two consecutive days of inflows amounting to nearly $1 billion daily. This withdrawal coincided with Bitcoin's continued testing of the $100,000 resistance level, indicating that profit-taking demand at this price zone remains high.
The inability to sustain capital inflows and maintain the price above $100,000 poses a significant challenge for the funds. Based on my observations, capital outflows at this price level are not a new phenomenon. This time, most funds experienced net withdrawals.
This could reinforce the likelihood that Bitcoin may continue a consolidation phase around the $100,000 mark. Buy orders are scattered across rounded price zones like $94,000, $93,000, $92,000, and $90,000, which remain long-standing and heavily anticipated levels. The low trading volume at these levels suggests investor uncertainty, with many avoiding holding positions over multiple days, reflecting a lack of confidence.
The BTC strategy remains in a strong upward trend on larger time frames, so wait for corrections to the noted support zones to consider potential BUY opportunities. On shorter time frames (H1-H2), the trend is showing a downward wave, so in the short term, wait for prices to retrace to the lower support zones before entering BUY positions.
Trading Strategy
SELL ZONE: 97,370 - 97,570
SL: 98,000
TP: 95,450 - 94,750 - 93,250 - 92,000
BUY ZONE: 92,200 - 92,050
SL: 91,500
TP: 93,000 - 93,750 - 94,500 - 96,000 - ????
Stick to proper volume and manage your positions carefully. Always adhere to the set TP/SL levels. Be cautious today as significant USD news (ADP Nonfarm data) is expected—ensure the safety of your account.
BTCUSD TRADING POINT UPDATE READ >THE CAPTAINBuddy'S dear friend 👋
BTC USD Trading Signals 🗺️🗾 Update crypto trader BTC list week already take a break support level 91k back up trand list week post signals 🚀 analysis Done ✅ for target 🎯 point ☝️ now post again for New analysis technical patterns looks again buying zone right now 108k target 🎯💯
Analysis target we'll see 108k
Resistance level 108k
Support ✨ 99k
Mr SMC Trading point
Support 💫 My hard analysis Setup like And Following 🤝 me that star ✨ game 🎮
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD DOWN 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 USD TRADING POINT UPDATE > READ THE CAPTAIN Buddy'S dear friend 👋
BTC USD Traders SMC-Trading Point Crypto trade. Technical fundamental analysis update
BTC USD Traders looking for a support level 93469 Big support level I think 💬 test diamond zone back 💪 up trand 😜 99k wait for confirm 🙂 💯 if breakout that support level Next target Short 90k now still see Long bullish trade BTC New year 🎊 I think we'll buying it ☺️ crypto trader Old 100k again back 🔙
Mr SMC Trading point
Support 💫 My hard analysis Setup like And Following 🤝 me that star ✨ game 🎯
BTCUSD 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
Bitcoin Analysis and Trading Levels for 19th November 2024Bitcoin has been consolidating in the range of 85,100 to 93,500 for the last seven trading sessions. A breakout on either side could lead to a potential move of 7,000 to 10,000 points.
Trading Levels (1-Hour Candle):
Buy Above: 92,700 (Enter a buy position if the 1-hour candle closes above this level, confirming a bullish breakout.)
Sell Below: 88,700 (Enter a sell position if the 1-hour candle closes below this level, confirming a bearish breakout.)
Key Support and Resistance Levels:
Resistance Levels:
93,500 (Immediate resistance and upper boundary of the consolidation range.)
95,000 – 96,200 (Potential upside target zone post-breakout.)
100,000 (Psychological level and extended bullish target.)
Support Levels:
89,000 (Intermediate support near the sell trigger.)
85,100 (Lower boundary of the consolidation range.)
82,000 – 81,000 (Extended downside target post-breakdown.)
Potential Move on Breakout (1-Hour Candle):
Upside: A sustained breakout above 93,500 could lead to a move toward 100,000.
Downside: A breakdown below 85,100 could trigger a fall toward 81,000 or lower.
Trading Tips:
Wait for Confirmation: Ensure that the 1-hour candle closes firmly above or below the breakout levels before initiating trades.
Book Profits Regularly: Secure profits at key resistance or support levels to manage risk.
Use Trailing Stop-Loss: Adjust your stop-loss as the trade progresses to protect profits while following the trend.
Monitor Volumes: A breakout with high trading volume often confirms the validity of the move.
Disclaimer:
The trading levels and analysis are based on technical indicators and the 1-hour candle chart. This information is provided for educational and informational purposes only and does not constitute financial or trading advice.
Risk Management Guidelines:
Always use appropriate risk management techniques, such as stop-loss orders and position sizing.
Cryptocurrency markets are highly volatile. Be prepared for rapid price fluctuations.
Stay updated with relevant news and macroeconomic factors affecting Bitcoin.
Risk Disclosure:
Trading cryptocurrencies carries a significant risk of financial loss and may not be suitable for all investors. Past performance is not indicative of future results. Always consult a licensed financial advisor for personalized advice and trade only with funds you can afford to lose.
Bitcoin Trading Strategy for 18th November 2024Bitcoin Trading Strategy: Buy Above 91,500 / Sell Below 88,700
Current Price: 90,706.00 USD
Key Levels:
Buy Signal: If the price closes above 91,500 on the one-hour candle, it indicates an upward momentum, suggesting a good time to consider buying.
Sell Signal: If the price closes below 88,700 on the one-hour candle, it suggests a downward momentum, indicating it might be a good time to consider selling.
Market Analysis:
The current price is around 90,706.00 USD, indicating potential for both bullish and bearish activity based on the key levels.
Pay close attention to the range between 88,700 to 91,500 for support and resistance levels.
Recommendations:
Buy: If the price sustains above 91,500 on the one-hour candle close, consider entering long positions. Book partial profits at 91,300 levels or use a trailing stop loss to protect your profit, with targets at 91,800 and 92,500.
Sell: If the price breaks below 88,700 on the one-hour candle close, consider short positions. Book partial profits at 88,900 levels or use a trailing stop loss to protect your profit, with targets at 88,000 and 87,500.
Disclaimer: This analysis is for educational purposes only. Please conduct your own analysis before making any trading decisions.
BTCUSD/BITCOIN DAY BUY PROJECTION 16.10.24Reason for Bitcoin Bullish
As a result, BTCUSD is the most popular crypto-to-fiat pair, and it serves as the de facto gold standard for the cryptocurrency market; providing the price direction cue for virtually the entire crypto market. In the BTCUSD pair, Bitcoin is the base currency, while the US dollar is the quote currency.
BTCUSD SHOWING A GOOD D UP MOVE WITH 1:10RISK REWARDBTCUSD SHOWING A GOOD D
UP MOVE WITH 1:20RISK 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
BTCUSD Inverted Head & Shoulder BULLISH above necklineUS Dollar Index extends recovery after NFP but still down for the week
The US Dollar Index (DXY) rose to 102.29 after the release of the US March jobs report and then pulled back toward 102.00, amid risk appetite. The numbers boosted US yields and equity futures on a tight volume session.
BTCUSD
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...BTC closed below the range area and now I am preparing for SELL until the hot zone is Fibonacci 618!
anyway ... I will wait to see how it closes this month because I think it is decisive for the new trend of BTC!
THIS WEEK... BTC forced and closed for the 3rd consecutive month over 0.5 Fibonacci, which should make us think about BUY!
however, I will be more reserved and will not make a decision until BTC closes for at least one week outside the range area of the week chart
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
BTC-USD (Signals) [June 16: Beyond Limits]BTC-USD is making a tough War
The Game is getting Even More Harder today.
Sentiment Level of Traders is not good.
ADX is Currently Falling from a Height from 40.
BTC is now Getting inside of Consolidation.
But DI+ is Currently on the edge of Crossing DI- which will generate another huge Momentum.
OBV is falling again and MA is Diverging which is Poor rating for OBV and Volume is Decreasing too.
But Still now the game is on Bulls side.
There are also some Institutional Investors broke in the market. (Candlestick Analysis)
Overall Strength Bullish.
Expecting a +328$ and with a Dip Value of -570$.
Don't lose your heart because BTC will make a Heart Breaking Dance today.
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