BTC | 1H: Today Plan:Watching for potential short entry points. The bulls seem to have taken a break. Expecting a downside continuation for CRYPTOCAP:BTC as the US Dollar Index continues to remain strong. Let's see what the weekend brings! Happy Friday!
Previous day:
VAH: $26571
POC: $26414
VAL : $26077
Date: 25 Aug 2023
BTCUSDT
BTC is testing our patience. BIG MOVE INCOMING $BINANCE:BTCUSDT Last 3 months were really historical in terms of volatility and volume for BTC. BTC testing our patience. Now, as BTC price is testing important support line in 1D chart (highlighted in orange line) and also we are very close to 100 MA, we have to be very careful with our trade.
My Analysis:
Condition 1: A close above the $29,650 resistance could send the price toward the $30,000 resistance zone. Any more gains might change the trend and the price might rise toward $30,500. In the stated case, the price could even rise toward $31,200 or even $32,500 in the coming days.
Condition 2: If Bitcoin fails to clear the $29,650 resistance, it could continue to move down. Immediate support on the downside is 29000. A downside break below the $29,000 level might start another steady decline. In the stated case, the price could drop toward $28,000. if it breaks $28000, lets face the worst decline towards $26000.
Please use stop loss and respect your target price.
BTC/USDT Crossroads:Short Term Bearish Signals & What Lies Ahead💎 Paradisers, let's dive into BTC/USDT. The asset has recently slipped below its supportive trendline and is currently hovering near the demand zone of 25,792 on the weekly chart. My anticipation is that we might witness some stabilization in this region for a few days or perhaps a week before the price determines its subsequent trajectory. Presently, the scales tip towards a bearish sentiment, primarily due to the bearish divergence spotted on the RSI, signaling a potential trend reversal. Yet, it's essential to stay attuned to the price action.
💎 If BTC/USDT plunges past the 24,214 demand threshold, we might be steering towards the subsequent demand zone at 21,753. Intriguingly, this aligns with the Fibonacci's 0.618 level, often dubbed the 'golden zone'. Any bullish signs here could suggest a potential uptrend. However, if this zone crumbles, our sights are set on the 16,603 mark, a formidable demand zone and an optimal juncture for long-term accumulation.
💎The market might exhibit a lateral movement, potentially shaking out the less tenacious traders. Given the room for further decline in both the RSI and price, Stay vigilant and keep soaring, ParadiseSquad!
GBPUSD | 1D | my view Please be careful with this pattern most of the time it gives false breakouts and sudden fall, sometimes it takes a retest and creates a bullish setup, if we see a rejection from the resistance level we can look for shorting opportunities, if we see a successful breakout retest and bullish confirmation candles then we can go for the long position. (only enter if we get a confirmation candle, do not enter in a trade early or without analysing the chart)
BTCUSDT DAILY TFAs you see market is filling DAILY POI I already drawn on 15Jun23 @25755.67
That POI worked as a magnet! and we can see price mitigates there price started to fall -14.79%
And now price will fill imbalance which is @23986.92 to @20687.13 PLUS there is a another POI for long side! price will bounce there too.
After that we can expect a New High on BTCUSDT a breakout @32399 that's a previous high on 31May22
OR . . .
If price gives us a breakdown on that POI @20367.48 then price will move towards WEEKLY POI {SKY BLUE} @16812.95 in my opinion that's a strong POI from 21Nov22 is there and not mitigated once!
That means BTC is FILLING FUEL we can see a BULL RUN!
THOSE WHOEVER READING THIS COMMENT YOUR THOUGHT
SMC
Bitcoin - Important Support and Resistance LevelsI have marked IMPORTANT support and Resistance levels for BTCUSDT.
These levels have been marked for a reason, utilise it with your indicators for MORE profitable trading trades
please do like and comment if you want Support and Resistance for any other scripts.
Thanks :)
BTC | 1H: Monday Plan$29,000 Buy wall. CRYPTOCAP:BTC Big liquidation hunted and also strong buyback. If buyers stay strong and push the price higher, we could see a continuation to the upside. Let's hope the market agrees and we see a bullish trend. Let's do it! 🚀
Previous day:
VAH: $29440
POC: $29391
VAL : $2956
Date: 14 August 2023
#BTCUSDT in a triangle wait for EnterBTCUSDT IN triangle wait for breakout or breakdown
if breakdown than traget 1st target is 28850 2nd TG is 28000
in other hand if its a breakout than 1st TG is 30400 and 2nd TG is 31600
SL is breakout or breakdown candle High or low frequently.
its my idea im just share for eduction perpose.
Bitcoin BTC bull market comparisonBitcoin BTC bull market comparison, Bitcoin BTC2025, history will not repeat itself, but it is always surprisingly similar, replay the historical bull market of 2016~2018, welcome the bull market of 2023~2025, refer to the historical market, it does not mean that it will end up the same, but similar , the focus is on the angle and distance between the trend line and the K line, and the goal of Bitcoin is more than 100,000. Bitcoin founder, Satoshi Nakamoto: If you don't understand or don't believe it, I'm sorry, I don't have time to convince you.
BTC UPDATEBtc is ranging now for quite a long time.. accumulating .
Soon we will see manipulation (high volatility to hunt both side stop losses).
And then continuation to the trend it would like to(pump or dump).
Currently Money flow in global stocks as all the stocks are near to ATH or crossed ATH already.
Expecting institution and banks to enter BTC sooner or later and make it huge pump.
Bitcoin BTC Bull Market Fifth CycleIn the fifth cycle of the Bitcoin BTC bull market, Bitcoin has entered the fifth cycle of the long-term upsurge in the bull market. The general direction of the general trend has been formed. Only by continuing to rise, no one can compete with this bull market trend. Only by following the trend can traders get the results they want.
GMX 👀BINANCE:GMXUSDT.P
Pull back on head and shoulders pattern breakout.
Long 5x -10x
Entries - 57.00 -55.43
Targets 61.90 63.40 67.30
Sl-52.00
1% of your capital only highly recommended. If not don't take the trade.
We closed above 59.15 ,good bullish sign ,we trying to catch up the pull back and ride the next rally⬆️.