Bitcoin's Recent Surge and Potential OutlookBitcoin has experienced a significant surge in recent days, breaking through the $100,000 mark. This bullish momentum is evident on the daily chart, with the price forming higher highs and higher lows, a classic sign of an uptrend.
Potential Scenarios:
Continued Upward Momentum: If the current bullish trend persists, Bitcoin could continue to rally towards new all-time highs. Key resistance levels to watch include the psychological $110,000 and $120,000 levels.
Short-Term Correction: Given the overbought conditions, a short-term pullback to retest is possible. However, this could provide a buying opportunity for long-term investors.
Trading Strategies:
Long-Term Investors: Continue to hold Bitcoin and consider buying additional positions on any dips.
Short-Term Traders: Be cautious and consider taking profits on existing positions. If a pullback occurs, look for buying opportunities near key support levels.
Important Considerations:
Volatility: Bitcoin is a highly volatile asset, and price swings can be significant.
Market Sentiment: Positive news and developments in the cryptocurrency industry can fuel further price increases.
Regulatory Environment: Changes in regulations can impact the price of Bitcoin.
BTCUSDT
Bitcoin going to complete this head and shoulder pattern in Bitcoin at a Critical Juncture: Support or Head and Shoulders Formation?
Bitcoin is currently at a pivotal level, testing the neckline of a potential head and shoulders pattern. Here’s what traders should watch for:
Scenario 1: Bounce from the Neckline (Bullish Case)
If Bitcoin holds support at the neckline, we could see a strong rebound.
A successful bounce might lead BTC to retest resistance levels, potentially paving the way for a rally.
Key levels to watch:
Support: $96800 (neckline)
Resistance: $98100
Scenario 2: Breakdown and Completion of the Head and Shoulders Pattern (Bearish to Bullish Case)
If Bitcoin breaks below the neckline with strong volume, the head and shoulders pattern will likely play out.
This could trigger a further decline to the measured move target, offering a possible buy-the-dip opportunity at lower levels.
After completing the pattern, Bitcoin may regain momentum and resume its uptrend.
Key levels to watch:
Support : 94800
"ORDI/USDT Long Setup - Triangle Breakout with Clear Risk-RewardORDI is displaying a bullish breakout pattern from a descending triangle, indicating potential for upward momentum. After breaking out of the resistance zone near $41.6, it appears to be consolidating for another leg up.
Descending triangle broke upwards, signaling bullish sentiment.
A smaller symmetrical triangle is forming near the breakout zone, suggesting accumulation.
Keylevels-
Resistance: $41.6 (previous breakout level).
Support: $37.6 (key level for risk management).
Technical indicators
Bullish momentum evident as price makes higher lows.
Volume analysis suggests increased interest on breakout candles.
Trade plan
Entry: Buy near $39.6, at the lower boundary of the symmetrical triangle.
Profit Target: $48, based on the measured move of the descending triangle breakout.
Stop Loss: $37.6, below the recent swing low.
$BTC Bearish Divergence Signals Potential Correction to $77K GAP#Bitcoin is showing clear bearish divergence, suggesting a potential correction ahead.
The price may drop to the $77,000 level to fill the CME gap, with major support around $74,000.
Traders should monitor these key levels for potential opportunities and confirmation of a reversal.
Key Levels:
Resistance: $100,000
Potential Gap Fill: $77,000
Major Support Zone: $74,000
📉 Plan: Look for bearish confirmation and assess risk at key support areas.
If CRYPTOCAP:BTC reclaims support, it could trigger a rebound.
Btc sentimental targets I mean bull run market sentiment targets,
Target mentioned this chart
#elonTrump crypto time
Note: analysis is not new, its still old.(Already analysis from November session)
Analysis coming from smc and price action both analysis in collaboration.
Happy trade and good luck.
Take idea only for reference
Be not serious¡!!!!!!!!
Tools used : smc, price actioning, and custom Fibonacci formula with 1.618 find for supply reacting of trading method.(Reference) 😁
Bitcoin Market Cycle:Bitcoin Market Cycle:
The #Bitcoin market Cycle is here to repeat its historical pattern! Looking back at 2016-2017 and 2020-2021, we know exactly what’s coming. The next cycle starting in 2024-2025 looks promising: BINANCE:BTCUSDT
BTC Cycle: 2016-2017
🔹 Pre-Halving: Jan '16- Jun '16
🔹 Halving: July '16
🔹 Accumulation: Aug '16- Dec '16
🔹 Bull Run: Jan '17 - Dec '17
BTC Cycle: 2020-2021
🔹 Pre-Halving: Nov '19- Apr '20
🔹 Halving: May '20
🔹 Accumulation: Jun '20- Oct '20
🔹 Bull Run: Nov '20 - Nov '21
BTC Cycle: 2024-2025
🔹 Pre-Halving: Oct '23 - Mar '24
🔹 Halving: Apr '24
🔹 Accumulation: May '24- Sep '24
🔹 Bull Run: Oct '24 - Oct '25
Today Date: 20th Nov 2024
Hold Tight. altcoins are primed to pump massively. It’s going to be an exhilarating journey!
Bitcoin -->Continues to GrowBINANCE:BTCUSDT reached $91,433, up $899 (0.99%) from the previous session. During the trading session, the highest price recorded was $92,654 and the lowest was $89,240.
This growth was driven by factors such as the US Federal Reserve (Fed) keeping interest rates unchanged and the increasingly widespread acceptance of Bitcoin in financial transactions. In addition, geopolitical tensions in Europe also caused investors to seek Bitcoin as a safe haven asset.
Experts predict that if this trend continues, Bitcoin could surpass the $100,000 mark in the near future.
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.
How would Bitcoin react? Btc/Usdt Chart analysis Bitcoin on Hourly chart is has formed HH & HL (HIGHER HIGH, HIGHER LOW). Trend is definitely bullish but after a massive move every assets goes for a correction. Looking at hourly chart we can see that Bitcoin is trading in range bound and it need to take any side liquidity for any trade to be executed. For buy we would suggest to wait for the ATH (All time high) to be breaken out. So sell side we would suggest to wait for a MSS( Market structure shift). Weekends are usually slower for Crypto market. We will wait for the first Asian session of the day to start and will trade plan accordingly
Bitcoin analysis History will repeat itself bitcoin going to crash till 40000$ as bitcoin always drop 80 to 60% of its present value and there is no other momentum is there to bitcoin will hit 1lac $$$$ bit event already ended and halving us elections etf and investments from giants from other hedge funds simple logic is bitcoin hardly go above 92 thousand as need more heavy liquidity to push above 1lac$ as of now in my opinion and analysis and experience with bitcoin from last 8years bitcoin will crash till this 2025 nov and 2 year of cycle will repeats as sideways to take all the liquidity from the market and big crashes in bitcoin. the era on as investment and taking profits 2x 5x in bitcoin is already end here and this asset will be stable for day trading and swing trading for upcoming 2 to 5 years.
Check other coins and make 2 to 10x on low to high risk avoid buying at news now hype already end
BTCUSDT’s Surge: A Bullish Breakout UnfoldsBTCUSDT is currently trading around 75,000 USDT, showing a swift bullish breakout.
This upward movement is reinforced by powerful waves that continue to build momentum, establishing fresh support levels on the chart. Adding to the bullish sentiment, signals from the EMA 34 and 89 indicate stability and strength for the bulls.
From my perspective, a buying strategy remains favorable, with a target set at 80,000 USD. What’s your take on it?
Bitcoin Trading Strategy for 15th November 2024 IST 1630 HRSBitcoin Trading Strategy: Buy Above 89,800 / Sell Below 86,600
Current Price: 89,506.00 USD
Key Levels:
Buy Signal: If the price closes above 89,800 on the one-hour candle, it indicates an upward momentum, suggesting a good time to consider buying.
Sell Signal: If the price closes below 86,600 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 89,506.00 USD, indicating potential bullish activity.
Pay close attention to the range between 86,600 to 89,800 for support and resistance levels.
Recommendations:
Buy: If the price sustains above 89,800 on the one-hour candle close, consider entering long positions. Book partial profits at 89,700 levels or use a trailing stop loss to protect your profit, with targets at 90,000 and 90,500.
Sell: If the price breaks below 86,600 on the one-hour candle close, consider short positions. Book partial profits at 86,700 levels or use a trailing stop loss to protect your profit, with targets at 86,000 and 85,500.
Disclaimer: This analysis is for educational purposes only. Please conduct your own analysis before making any trading decisions.
Will we get Breakout this time in Bitcoin?Hello Everyone i hope you all will be doing good. From now i will always gonna to be put my analysis on Cryptos as well. Today i have brought analysis on Bitcoin. Right now BTC is trading at very important resistance zone, this time possibility is very high for breakout. if you check weekly analysis, you will get that price is forming vcp kind of pattern and it seems we have reached in that area where prices can give breakout and price should move very heavily for upside. Any breakout in Btc can take it towards 80k+ and finally it can find resistance at 84k..
I already have written this on chart but pasting it here as well for reference.
(Higher Probability for breakout
this time. But i think everyone
should wait for perfect level to get
long entry. on 7th june btcusdt has
made high at 71997, i think we should
wait to surpass this level for more
confirmation. In case of breakout and
good entry then 67500 can be best stop
Loss, for short term, and 64665 can be
best stop loss for medium term to long term.)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
BTCUSDT Analysis: Bullish Momentum and Key Support ZonesBTCUSDT is currently trading around 75,740 USDT after a recent bullish push, suggesting strong upward momentum. The chart shows clear support zones (highlighted in purple) that Bitcoin could revisit in case of a pullback, specifically around 74,000 USDT and 72,500 USDT.
If BTC holds above these support levels, it could gain further traction to reach new highs, with targets in the 78,000 USDT - 80,000 USDT range. The current trend suggests that if Bitcoin retraces and tests the support, it could present a buying opportunity for traders looking to join the next potential leg up.
Keep an eye on these critical levels, as a break below the 72,500 USDT support might indicate a shift in trend. However, for now, the bullish scenario remains intact, with promising upside potential if buyers continue to dominate.
AUD/USD support and buying level:- AUD made consolidation area @0.65000 and previous days gained 1100 pips. As per super trend on day basis its downtrend to comes uptrend now again AUD retesting the consolidation area uppar zone and support levels @0.65850 for buying area there can make entry for long side for 1st target 🎯 0.66500 and 2nd target 🎯 0.67100 . please follow for updates:-✌️✌️✌️✌️✌️
AUD/USD support and buying level:- AUD made consolidation area @0.65000 and previous days gained 1100 pips. As per super trend on day basis its downtrend to comes uptrend now again AUD retesting the consolidation area uppar zone and support levels @0.65850 for buying area there can make entry for long side for 1st target 🎯 0.66500 and 2nd target 🎯 0.67100 . please follow for updates:-✌️✌️✌️✌️✌️
11.07 Whale Index (note this section)Hello, I'm Whale Signal
Bitcoin Continues Bullish Flow After Trump's Recent Reelection Success, Stretching Higher
We'd like to look at RBI from a short-term perspective at our current position
Bitcoin Is Already Up Significantly, But Here's How Long Short-Term Wave Will Continue Based on Two Scenarios
The progress of short-term waves and two approaches
Currently, Bitcoin is uncertain whether the short-term bullish wave, which started at 66.8K, has progressed to wave 5
In this regard, I will divide the following two cases into strategies
1. If the short-term 5th wave has been completed
If the current short-term upward wave is a five-wave finish, we plan to focus on the "purple whale indicator" in the adjustment section
The purple whale indicator overlaps with the Fibonacci 0.382 section of this rising wave, and if the flow defending the section (a bottom-tail type candle or settling flow) is confirmed, we will proceed with the sale from a long perspective
However, in situations where the purple whale index deviates from the purple whale index, if it settles down the purple whale index again rather than from a short perspective, we will explore a long opportunity again in the retest or pressing position
Short term wave 5 is in progress
If wave 5 is still in progress, we are expecting resistance in the top white box section
However, breaking through this section also opens up the possibility of a strong further rise
When these resistance boxes are reached, we plan to recheck the short-term flow and set up more specific RBI (if that section comes, we will proceed with the indicator update again)
Based on the fact that Tether Dominance is open to "4.4-4.6", the possibility of a current five-wave progression cannot be ignored
-If Wave 5 Ends: Checks For Adjustability Near Purple Whale Indicator, Looking To Long Entry If You See Support And Bounce Flow In That Section
If we leave, we will wait conservatively until the purple whale surface re-settlement section
-If Wave 5 is underway: We expect resistance in the white box section, but if this section breaks too, there could be further upward momentum, especially as it's a short view in the bull market, so we'll take a more cautious approach
(Rather than a strategy for short, you can get resistance in the white box section when it rises.)
We will continue to watch the situation change and update the analysis in important sections
*I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis*
*For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below*
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1. The whale indicator simply points to support and resistance
2. Please refer to the whale index to find a trading RBI suitable for your analysis
3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy
4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistance
BTCUSDT: Long-Term Upside Despite Short-Term Dip ?BTCUSDT Holds Steady in a Downtrend – But Long-Term Growth Still in Sight
BTCUSDT is currently trading around 68,045 USDT, continuing its downward trend. However, in the bigger picture, the coin remains within an ascending channel, hinting at the potential for future gains.
From a technical perspective, I’m watching closely for a buying opportunity as the price approaches the lower boundary of this parallel channel.
What about you? Do you see the same potential setup?
24.11.04 Whale Index (up $2,400!! Was it accurate again??)Hello, we're Whale Signal
First, let's review the previous analysis
Previously, I uploaded a whale indicator to TradingView and informed you that if Bitcoin is located in a major supporting section, and this section is re-formed into a supporting section, we can expect further upside
As a result, there has been a trend of exactly $2,400 rise since then, and those who have used whale indicators seem to have made a significant return
Congratulations to those who made profits
Since then, the price has fallen again, but a positive profit structure would have been possible if you had set up the anti-profit half-currency well (to secure some profits and stopros)
In addition, we believe whale indicators showed good flow again this time, as the closing bar breakout and retest continued and the short position entry opportunity was provided in the fall breakaway structure
Now I'm going to talk about the current point of view
The current section is once again considered an important support section
If time rod seating is confirmed in this section consistent with where previous whale indicators were formed, entry may be considered when retesting or pressing of the candle body section occurs (personal perspective)
In addition, an upward break through the all-high point segment based on Dow theory is expected to increase the likelihood and reliability of it
However, if you leave the purple whale index again, you should also consider short withdrawal
However, as the U.S. presidential election is scheduled tomorrow, please respond briefly and thoroughly manage the risks
*I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis*
*For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below*
<>
1. The whale indicator simply points to support and resistance
2. Please refer to the whale index to find a trading RBI suitable for your analysis
3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy
4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistance