$BTC | HTF: Daily Plan:The HTF chart remains bullish, and while we might experience some choppiness, it's crucial to stay bullish. Uptober is still full of promise.
The Doji weekly candle close is a good sign for BINANCE:BTCUSDT bulls. If we can hold above those EMA's, we’re on track to break last month high and we could aim for target of 70k!
Key levels to watch:
🔹 67k - Prev month high
🔹 70k - Liquidation
🔹 61k - Key level
BTCUSDT
24.10.14 Whale IndexHello, I'm Whale Signal
Following yesterday's analysis, I recommended that you check the early 61.8K to 62K sections based on the daily wage in this morning's update. I explained that it's still moving in the upper section
In addition, the purple whale indicator at the top is likely to act as a resistance line in the event of a full-high point breakthrough, and if a strong breakthrough is made, caution is needed for the subsequent pressed section
Since the time and daily closing shapes are important for whale indicators, checking the purple whale indicators at the top after the closing bars will be a more stable trading strategy
For those of you who entered without checking the closing bar, I think you lost about 400 dollars. I'm sorry about that!
I'll share the analysis quickly from now on
The purple whale surface section, currently located at the top, is an important position that overlaps with the previous sale
If the upward flow continues based on this section, we believe we can expect further upward
Conversely, in the event of a breakaway and further fall, we may also consider a flow to retest the top section of the previous drop channel
So, from an uptrend point of view, I think at least the purple whale surface section located in the middle should be maintained as a support line to protect
If this section collapses and enters the downtrend channel again, we plan to check the direction of the market more carefully and then go on sale
Under these market conditions, we share notable support, resistance, and inflection sections through whale indicators, so please refer to them
The whale indicator simply points to support and resistance
I hope you can take the RBI through the whale index in your analysis
***whale surface intensity***
Purple>>>Orange>>>White
(Purple indicators are the strongest)
More detailed analysis and continuous updates will be conducted through real-time chart sharing below
BTCUSD Key Resistance Zone: The chart highlights a strong resistance around 62,811 - 62,838 USDT, where price is expected to struggle to break higher. This area is a potential zone to look for sell setups if price retests it.
Support Zone: The green highlighted area around 60,000 USDT acts as a crucial support zone. The price is consolidating within this area, and the next move depends on whether it breaks below or holds above this support.
Bearish Scenario: If the price breaks below the support zone (around 60,000 USDT), the next target would be around 53,924 - 53,821 USDT (marked in red), a lower support area.
Bullish Retest: In case the price moves up and retests the resistance at 62,838 USDT, this could provide an opportunity for a sell-off, anticipating a reversal back down towards the lower support.
This chart shows a neutral consolidation with potential for either a breakout to the downside or a bearish retest of resistance.
Sell Strategy for BTCUSDT Based on the Provided ChartKey Resistance Zone:
The chart indicates a strong resistance area around 63,657 - 63,679 USDT. This is where the price has previously failed to break higher and has shown signs of a reversal, making it a prime area to consider selling.
Confluence Zone:
There is a notable confluence zone marked between 61,776 - 61,929 USDT. This area is significant because it aligns with various technical factors. The price is likely to retest this zone before continuing the downward trend. A rejection candle (such as a pin bar or bearish engulfing pattern) in this area would be a strong confirmation to enter a sell trade.
Entry Strategy:
Wait for the price to return to the confluence zone (highlighted by the red arrow and circle on the chart). Once the price reaches this area, enter a sell position when there is a clear rejection signal, such as a bearish candle formation indicating price reversal.
Take Profit Target:
The ideal take profit zone is around 57,876 - 57,898 USDT, which is marked as a strong support area on the chart. If the downward momentum continues, this is a likely target for the price to hit.
Stop Loss Placement:
Place your stop loss above the resistance area, around 63,679 USDT. This will protect your position in case the price breaks above the resistance and shifts towards an upward trend.
Summary of the Strategy:
Entry: Around 61,776 - 61,929 USDT, upon observing a bearish price rejection.
Take Profit: Target 57,876 - 57,898 USDT.
Stop Loss: Set above 63,679 USDT to minimize risk.
This strategy is based on the confluence of key technical levels, resistance, and support areas shown on the 4-hour chart. It focuses on waiting for a clear rejection signal before entering a sell trade.
Bitcoin Still bearish till $55000Bitcoin remains bearish as I predicted!
CRYPTOCAP:BTC perfectly dumped from $64,200, our old Bearish OB. Now, the new Bearish OB is at $62,400. As long as we're below this level, I expect a move toward $55,000. The setup is invalidated only if a 4H candle closes above $62,400.
24.10.11 Whale IndexHello, I'm Whale signal
BTCUSDT - Raise 4H Chart
As I posted before
The purple whale indicator that needs to be kept at the bottom is not being touched and a rebound is coming out
So from now on, we're going to see if we're going to continue the rise by crossing the mid-purple whale indicator, or if we're not going to touch the purple whale indicator below
I'll focus on this part
From a Bitcoin daily perspective, it's located below the purple whale index
If you're going to sell safe, it won't be too late to see the 4H purple whale index after breaking through the closing bar and settling down
I don't share views
The whale indicator simply points to support and resistance
I hope you can take the RBI through the whale index in your analysis
***whale surface intensity***
Purple>>>Orange>>>White
(Purple indicators are the strongest)
BTCUSDT: The downtrend is aiming. Based on the chart analysis provided, it is recommended to approach the market with a bearish trading strategy for the BTC/USDT pair. The chart outlines key resistance and support levels, which suggest a downward price action if certain conditions are met.
Detailed Trading Plan:
Current Market Condition:
The price of Bitcoin is trading below two key EMA lines, which signals a potential continuation of the bearish trend. The price has attempted to break through the resistance level near $62,700, but multiple rejections (indicated by red arrows) suggest that sellers are in control.
Trade Setup:
Sell Entry: Consider entering a short position if the price retests the resistance zone around $62,700 and shows rejection (bearish candlestick patterns or wicks). This is confirmed by the yellow circle on the chart, indicating potential price reversal.
Target Levels:
The immediate support level is identified near $62,000 (green zone). However, if this level is broken, the next target would be the $61,238 zone, marked by the dotted black line. This level represents a potential deeper correction.
Stop Loss:
Place a stop loss slightly above the resistance zone, around $62,800, to protect against potential upside breakouts.
24.10.9 Whale Indicator(Real-time chart sharing, $2000 drop hit)Hello, I'm a female signal
As I posted on the real-time chart sharing below, the purple whale index above showed a $2000 drop
Congratulations to those who are profitable!!
Focus!
If Bitcoin Goes Down
First, the place you want to protect
Second, you have to protect it
I'm looking at the two sections as important
The purple whale index that I'm updating today is
Second, it's a must-protect position!
Please refer to that
I don't share views
The whale indicator simply points to support and resistance
I hope you can take the RBI through the whale index in your analysis
***whale surface intensity***
Purple>>>Orange>>>White
(Purple indicators are the strongest)
Bitcoin Perfectly Dumped as I Predicted as Per SMMBitcoin followed my SMM chart perfectly!
CRYPTOCAP:BTC rejected exactly from the Bearish OB at $64,000. I'm expecting further downside, and the chart remains valid unless any 4H candle closes above $64,200. If you're using leverage, consider booking profits.
Bitcoin: BTCUSD extends recovery from 200-SMA to trim lossesBitcoin (BTCUSD) rises to a week’s high, continuing its rebound from the 200-SMA and breaking through the 100-bar simple moving average (SMA).
BTCUSD bulls aim for a new three-month high!
Along with a solid bounce from the 200-SMA, a positive RSI (14) and bullish MACD signals support BTCUSD’s push past the 100-SMA. This indicates potential for more gains, even though the RSI is nearing overbought territory, suggesting limited upward movement soon.
Key technical levels to watch…
With Bitcoin’s strong recovery from the 200-SMA and a successful run-up beyond the 100-SMA, buyers are ready to challenge a six-week-old horizontal resistance area surrounding $64,700. However, they may face hurdles at the 78.6% Fibonacci Retracement of July-August downside near $65,700 and an upward trendline from late August around $66,900 afterward.
On the downside, the 100-SMA around $63,300 is holding BTCUSD up, while the 61.8% Fibonacci retracement support is near $62,200. That said, another key support is found at the 200-day moving average of around $60,700, with the psychological level of $60,000 serving as buyers' last line of defense.
Recovery remains preferable…
With Bitcoin bouncing back from key moving averages and a potential pullback in the US Dollar due to upcoming US inflation data and FOMC minutes, BTCUSD looks set for further upside.
Bitcoin Perfectly hit at Bearish Order Block so What Next ?As per my analysis yesterday, #Bitcoin price perfectly hit the bearish order block around ~$64,000, and now I'm expecting a down move toward $60,000 again.
Bearish OB: Filled
FVG: Filled
My short position stop loss: Any 4H candle close above $64,200.
24.10.4 Whale Index (Check the important section of the daily waHello, we're WHALE_SIGNAL
Yesterday, Bitcoin closed with its first beekeeping since the decline
We expect the market to become more difficult if this segment deviates, as it is a trend to prevent the recent decline in the short term
I think I'll be able to enter a stable position only when there's a trend of trying to break the ground
I've marked that important section as a sign of the whale above
It would be nice if the closing price was formed on the daily whale index,
In addition, you have to look at the 4H and 1H charts, and that part will be revealed in the real-time chart sharing of whale indicators below
I don't share views
The whale indicator simply points to support and resistance
I hope you can take the RBI through the whale index in your analysis
***whale surface intensity***
Purple>>>Orange>>>White
(Purple indicators are the strongest)
BTCUSDT: Short term buying and selling strategy.Based on the BTCUSDT chart you provided, here’s a concise trading strategy:
Resistance Area: The price range between $64,000 and $68,000 is acting as strong resistance. The price has previously been rejected at this level, signaling a potential sell opportunity.
Sell Plan: If the price moves up and tests this resistance zone again ($64,000 - $68,000), consider entering a sell position upon seeing a bearish reversal signal. Set a stop-loss just above $68,000.
Take-Profit Target: Aim for a take-profit target around the $53,800 - $54,000 area, which is a significant support zone.
Risk/Reward: This strategy offers a reasonable risk-to-reward ratio, particularly as the price continues to move within a downtrend channel.
If the price breaks below the $53,800 support level, there could be further downside potential.
Bitcoin Testing Key Support at 64,000 USDTBitcoin is trading at 64,454 USDT, facing resistance at 65,461 USDT and showing potential for a bearish move. If it breaks below 64,000 USDT, it could drop to the support zone between 63,198 USDT and 63,500 USDT.
Key Scenarios:
Bearish: A break below 64,000 USDT could target 63,200 USDT.
Bullish: A rebound from support may lead to a retest of 65,461 USDT, aiming for 66,000 USDT.
Traders should watch the support zone for potential buy or sell signals.
24.10.02 whale indicator (3600 dollars)It's so crazy?Hello, I'm Whale Signal
In the BTCUSDT-4H chart I uploaded last time, if you've done a long strategy on the purple whale indicator, this is either the main or -$50 loss
Subsequently, the rod finish formed below the purple whale surface, resulting in a big $3600 drop
It's definitely a profitable section
Congratulations to those who are profitable!
I don't share views
The whale indicator simply points to support and resistance
I hope you can take the RBI through the whale index in your analysis
BTCUSDT - Update 4H Chart
I'm going to look at the purple whale index below
***whale surface intensity***
Purple>>>Orange>>>White
(Purple indicators are the strongest)
Will Bitcoin Hit $45000 Next ?Bitcoin Rejected from Resistance
BTC has once again been rejected from the Bull Flag Resistance Line. I'm now expecting a significant correction, with BTC/USDT potentially testing the $45,000-$50,000 level before the next leg up.
Caution:
Avoid buying until the market stabilizes. Global uncertainty with war news is adding to the volatility.
Key Levels:
Support: $48,000
Resistance: $66,000
Bull market resumes if BTC breaks above $66,000.
24.09.30 Whale Indicators (Was earnings of $2400 possible?)Hello, I'm a whale signal
It's the same as the whale index I shared last time
After failing to break strongly above the purple whale index over the weekend, it was again resisted,
The white whale index also closed lower, sending it lower over the weekend
When everyone looked at Long, the Whale Index was bearish
He explained that there must be a place where you can make 2,500 dollars in another room
I think I made a good profit of more than $2,400
Congratulations if you made a profit
Now, if the trend is strong, I'm looking for at least $2800 and $5000
We don't have much time left
I shared a lot of good things
Here's a look at this RBI in a real-time chart share of Whale Indicators below
After analyzing the main points of view
Please find out the exact trading RBI through whale indicators
***whale surface strength***
Purple>>>Orange>>White
(Purple indicators are the strongest)
I told you I was preparing to leave the last train of $5000...Hello, I'm Whale_Signal
The Purple Whale Indicator Below Is Already Up $2,000
I told you it's 1,500 dollars, 3,000 dollars, 5,000 dollars if it explodes
Said it's a section of opportunity and getting ready to leave for the last train, but it's a great uplift (certified)
BTCUSDT-4H Chart Now Shares
It's a vague position from now on. We need to focus on the purple whale index above
Breakthrough at Higher Level Will Share Next Resistance Section In Whale Index Live Chart Below
After analyzing the main points of view
Please find out the exact trading RBI through the Whale Index
***whale surface strength***
Purple>>>Orange>>White
(Purple indicators are the strongest)
BTCUSDT : The uptrend channel is still in place.BTCUSDT has experienced a decline as it approached the resistance level of 64,500 USD. However, looking at the technical picture, the uptrend remains steady, with the parallel price channel still intact and no signs of reversal from the 34 and 89 EMA.
With these carefully analyzed factors, we should consider re-entering buy positions when the price hits the lower boundary of the channel.
That said, this is merely a trading idea, so exercise caution. If the price breaks the channel, it’s time to shift your strategy to sell with the trend.
Wishing you successful trades! And don’t forget to share your thoughts on this analysis below!
BTCUSD: Prospects for continued growthBTCUSD has pulled back after hitting resistance at 64,500 USD, but the overall uptrend remains intact. The key support zone is around 60,000–61,000 USD, which could act as a springboard for a price rebound. If the price holds above this level, there is a strong possibility of a bullish move back to 64,500 USD and potentially higher. The uptrend will be reinforced if buyers step in at the support zone, driving momentum for a longer-term rally.
Bullish idea: Wait for the price to touch the support, bounce, and confirm the uptrend, then consider buying when it breaks above 62,500 USD.