BTCUSDT trend analysis using price action and trend dynamics.As the pattern Is evolving day by day. On a weekly timeframe, we can see the pattern for a possible bullish run in the upcoming weeks.
BTCUSDT
#btc rejected from resistanceShort have some fun....................................................................
#btc if it close above the 39800 in 4 hr candle then long#btc if it close above the 39800 in 4 hr candle then i"ll take long otherwise do some DCA in your coin
But remember bull the dip sell the rumour.
BTCUSDT- Price prediction with previous fractal BTCUSDT is moving in the same pattern as it was moving in 2021 from 3 August to 10 nov.
share your views also
this is not an investment advice
#btc update 1 Hr TFDon't make any trade ignore Future trade cuz everyone expect dump cuz of #war but btc is pumping may be trap or may be try to liquidate the short leverage traders
Comment below if you need analysis of your coin
And tell me can you access my live chart? With indicators and all that
Comment your coin for analysis
BTCUSDT bear flag again?Share your views, I'm observing a bearflag in the 1H chart pattern of BTCUSDT,
BTC LongLong Entry: 38613
Stop Loss: 38300
Target: 40228
Reason: 1) Breakout and retest of expanding wedge pattern
2) Bullish RSI Divergence
3) Inverse head and shoulder ( entry on right shoulder )
BTC will reach $100K ?BTCUSDT has been trading in a Pole and Flag pattern ever since Covid. It is currently trading near the flag support levels. As per the pattern, a break out from the flag pattern will lead to $100K - $120K.
DYOR.
#BTC scalping zone Support & resis. 4 Hr TF#BTC scalping zone Support & resis. 4 Hr TF, update will post soon
BTCUSDT is Forming Head And Shoulder BTCUSDT is Forming Head And Shoulder PAttern levels are mention above good short trade With GoodRISK Reward RATIO
btcust levels long short both(btcusdt)
1.as both potential of buy and sell levels are mention above closing 0f 15 or 30 m candel take entry till target
2.make sl as per your comfort
3.let the candel close then take entry
thank you
Bear Flag in BTCUSDT 1H chart?Are we gonna have another downfall because a bear flag is forming in the 1 hour chart of BTCUSDT. what your views on this, Kindly Reply.
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This is not any investment advice just for analysis purpose.
BTCUSDT - Next possible move (Bullish Pattern)BTCUSDT is making reverse head and shoulder pattern in daily chart which means if you are hodling BTC can now have huge profit as this pattern is bullish pattern. Albeit, Market is being highly volatile and making unexpected moves in shorter time frames but in long term BTC is still bullish W.R.T. Russia- Ukraine war crisis calms down.
BTC Bearish Pennant ?After a Sudden Drop due to several FUD, BTC is Consolidating under a major trend line and forming a Pennant.
M pattern already formed.
considering that .. Will it be a Bearish Pennant. or BTC will Bounce back ..
BTC will decide its path soon..
Let's wait for a clear breakout.
DYOR.
short term price prediction of BTCUSDTShort term possible scenario of BTCUSDT
just for education purpose- not an investment advice.
Clearly visiblePattern and trend clearly shows that it will take support on 40500-41200 and it will go up till 47-49k and then fall hard. Currently it will go up to complete its inverted HS
BTC INTRADAY SETUP - Consolidation Expected today#BTC INTRADAY UPDATE
VOLATILITY EXPECTED: LOW
EXPECTED SCENARIO:
Today $BTC will consolidate and take Support at S1(42200$).
BULL CASE:
Only if we cross INTRADAY FLIP (44200$), R1(45000$) will be tested.
BEAR CASE:
Expecting BTC to take support at S1(42200$) today.
NOTE:
On higher Timeframe BTC can go as low as 39K- 40K before moving up again.
#BTC Resistance @ 43500 If resistance of 43500 is broken, massive uptrend will be seen in the BTC, as Bull are coming and technical charts indicates bullish trend too.
Bitcoin Trading Plan for 6-7 FebMy view on Bitcoin today is extremely bullish however I am prepared for an extremely good move on either side - which I am confident will be caught by my system. Here's what it looks like.
In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone".
If Bitcoin's price crosses the top-most price level, we will be looking for long opportunities and if Bitcoin's price crosses the bottom-most price level, we will be looking for short opportunities.
Entry criteria:
Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level.
Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level.
Stop Loss criteria:
Risk: 2% of capital of per trade.
Bullish case: Just below the second price level from the top.
Bearish case: Just above the second price level from the bottom.
Take profit criteria:
I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case).
I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . Both of these alternative systems have also been profitable.
Please note the given zones are valid only until the end of the day. Any open positions must be closed by 05:25 AM IST which is around when the day is about to end in the cryptocurrency markets. The mentioned zones will become irrelevant post that.
Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset.
btcusdt chat 15 min15 min chat looks like it started side waves in case 15 min candle breakup R1 it could be bullish momentum or if it close below trend line then it could be bear again
