Search in ideas for "BTC USDT"
BTC/USDT we have 3 plans.Hello guys, today I have 3 plans in BTCUSDT
P1: I am looking for a long opportunity on 61k to 62k based on the price action and buyer's momentum and also, I want the CVD and DELTA with bullish candles. I am also considering the lower timeframe like 1HR and 15MIN candles.
P2: I am looking for a long opportunity in a strong support area of 59700 and 60100 area, here I want the CVD and DELTA with bullish candles. I am also considering the lower timeframe like 1HR and 15MIN candles.
P3: if the support of the 60k region was broken then I want to see the seller's momentum based on price action and the situation. I looking for a short entry.
NOTE: I am not a professional and also this is not financial advice just testing my skills always DYOR
BITCOIN CRITIAL BUY ZONE ON DAILY TIMEFRAMEBTC/USDT could easily bounce back from the immediate Buy Zone marked here in the green band. The zone still has a lot of pending Buy orders to be filled up and can act as a local support before price goes up.
BTC/USDT ~ Weekly Overview Bitcoin's recent performance has been nothing short of spectacular, marking its most bullish week of the year with a 12% surge. This rally shattered the previous consolidation zone, propelling prices beyond the FWB:42K -$43.5K range. The cryptocurrency didn't stop there; it soared past critical thresholds on the Fibonacci retracement chart, signalling the strength of this bullish trend. This momentum is underpinned by a significant increase in the cumulative volume of Bitcoin spot ETFs, now exceeding $35 billion, highlighting growing investor confidence.
Looking ahead, Bitcoin is poised to challenge the GETTEX:49K mark, driven by current market optimism. Yet, the RSI indicator, at 54.90, hints at a potential price correction with its falling channel pattern, suggesting investors should tread carefully. To preserve its recent gains, Bitcoin must sustain above the $48,000 level, supported by the EMA-20, while the EMA-50 at $47,500 serves as a pivotal support zone.
In the bullish scenario, targets are set at GETTEX:49K and $51K. Conversely, should the bears regain control, support levels are thoughtfully placed at $47K and $45K, ready to cushion any downward movements.
BTC/USDT ~ Weekly OverviewOver the previous week, Bitcoin has exhibited considerable volatility, as is characteristic of the digital asset market. The price of Bitcoin tested a critical support level around the $38,000 mark. This level proved to be robust, catalyzing a rebound as the asset's valuation ascended past the $40,000 threshold once again.
At the current juncture, Bitcoin's price is oscillating near the $42,000 level, reflecting a weekly appreciation of 2.56%. Technical analysis indicates that there is pronounced resistance encountered at the 0.786 Fibonacci retracement level, which is situated at approximately $42,432. Conversely, the support region is delineated below the 0.618 Fibonacci level, around $41,647.
The Exponential Moving Average (EMA) indicators are signalling a bullish outlook, with the price maintaining its position above the EMA-20 and with the EMA-20 itself trending above the EMA-50. The Relative Strength Index (RSI) is currently at 52.87, tracing a rising channel pattern and aptly evading a descent into the oversold domain.
In summary, immediate resistance levels for Bitcoin are projected at $43,000 and subsequently at $45,000, while support levels are anticipated at $40,000 and $38,000. These technical thresholds will be pivotal in determining Bitcoin's price trajectory in the near term.
BTC/USDT ~ Weekly Overviewn the crypto world, last week was a rollercoaster. It started on a high note with the SEC approving 11 Bitcoin Spot ETFs, generating excitement about institutional involvement. However, things soured quickly.
As ETF providers revelled in the influx of new investments, Grayscale's GBTC faced a challenging situation, marked by significant outflows coinciding with the fund's discount to net asset value reaching its lowest point since February 2021.
Turning to the technical analysis, Bitcoin (BTC) appeared to pause in the vicinity of the $42,000 mark, following a weekly descent of 3.15%. The Fibonacci retracement analysis now suggests the emergence of a potential resistance zone, spanning from the 0.236 to the 0.382 FIB levels.
In the context of moving averages, the EMA-20 experienced an adverse crossover against the EMA-50, EMA-100, and EMA-200, signalling a bearish outlook for the near term.
Nevertheless, there remains a glimmer of hope, as BTC contemplates the possibility of surpassing the EMA-20, which could potentially alter its momentum to the positive side.
The RSI level, which briefly plunged into the oversold region, swiftly rebounded into the neutral zone. From a technical standpoint, one should anticipate resistance at $43,000 and $45,000, respectively, while support levels are identifiable at $42,000 and $40,000
BTC/USDT ( Technical View )The current price of Bitcoin is $37,801.73 USD, with a 24-hour trading volume of $20.58 billion USD. Bitcoin has experienced a 0.84% decrease in the last 24 hours, and its market cap is $739.28 billion USD. The circulating supply is 19.56 million BTC, out of a maximum supply of 21 million BTC.
In the weekly analysis of BTCUSDT, all technical indicators and moving averages signal a strong buy. The RSI is at 74.00, indicating overbought conditions in Bitcoin. While the EMAs suggest a temporary bullish trend, caution is advised due to the overbought stance indicated by the RSI, with the potential for an upward swing. Key resistance levels are at $38,907, $40,032, and $41,654, while support levels are at $33,413, $34,538, and $36,160. Bitcoin exhibits high volatility, as evidenced by the ATR (14) value of 2358.
Btc USDT selling Btc is technically showing weakness in buying .
It cam goes up to 28500 .
#short btc.
BTC/USDT ~ Weekly Overview Bitcoin (BTC) recently broke down a rising channel pattern formed earlier this month.
The price has now entered a crucial support zone on the Fibonacci retracement table, ranging from the 0.618 FIB level to the 0.786 FIB level.
A further breakdown beneath this support zone could signal more significant downside potential, potentially activating the $25,000 support level.
The Relative Strength Index (RSI) is currently at 24.30, hovering in the oversold territory, indicating bearish sentiment.
In the coming days, the $25,000 and $23,000 support levels will be pivotal.
Conversely, if bulls regain control, resistance levels to watch for are $27,000 and $29,000, respectively.
BTC USDT 4H ChartSo, This is the time to touch the support again.
25k coming soon....
Ready to Short #BTC
BTC/USDT - Bearish Flag Pattern#Bitcooin 4hr. Chart Analysis
CRYPTOCAP:BTC moving into hourly chart under #BearishFlag Pattern, from last one month, since 18 August to 19 September, nearly to completing its final cycle of Uptrend into this Pattern.
Now, its Downtrend cycle will be start soon, towards $24k to $22k into #BearishZone up to in this week around 23 to 27 Sept.
You all must be ready for that, As well Trade wisely by using #StopLoss and #DYOR always before invest wisely into Crypto Currency, Its just #NFA
&
Must LIKE, SHARE, COMMENT on that post as well FOLLOW me too..
BTC/USDT ~ Daily Analysis BTC had a bullish rally in the past 24 hours in its mission to break above the psychological mark of $30,000 again. However, the resistance present at mentioned price level is proving to be too strong for the world’s largest digital asset. On the Fibonacci retracement table, the price level broke above all the levels. The Relative Strength Index (RSI) suggests that BTC is still reflecting positive sentiment with the level residing around 55.80 . This could be further validated by the Moving Average Convergence Divergence (MACD) in which the level has crossed above the histogram and formed green bars as well. Overall, a pivotal point for Bitcoin will be to break and sustain above $30,000 .
BTC/USDT ~ Weekly Overview The past week for Bitcoin was a challenging one as the price level broke below the crucial level of $30K. Since then, the world’s largest cryptocurrency is struggling between the range of $29,000 to $30,000.
On the Fibonacci retracement table, BTC is facing a strong resistance zone above the 0.382FIB level. The support zone lies around the price level of $29,000.
Considering technical indicators, the RSI level is showcasing positive nature while residing at 59.55.
Overall, the resistance level can be placed at $30K and $32K, respectively. On the other hand, the support level can be placed at FWB:29K and $27K.
BTC/USDT ~ Weekly OverviewDuring the past week, BTC faced multiple breakdowns below the crucial psychological mark of $30K. This also suggests that it has strong support zones below the mentioned level which is providing the bounceback at regular intervals.
However, during the rangebound momentum, EMA-20 suffered a negative2 crossover against EMA-50 and EMA-100, which could be a negative signal. The RSI level also fell drastically from the overbought region while currently residing around 40.
On the Fibonacci retracement table, the price level needs to break out above 0.236 FIB level in order to retest the crucial mark of $30K again.
Overall, resistance levels can be placed around $30K and $32K, while the support levels can be placed at $28K and $26K, respectively.
BTC/USDT ~ Weekly OverviewThe price momentum of Bitcoin during the past week was primarily driven by the world’s fourth-largest cryptocurrency, XRP. The crypto industry celebrated Ripple’s partial win in court during the past week, as the judge ruled XRP not a security. This created a significant positive sentiment within the market, especially for the XRP coin, which is still up by 60.45% weekly.
However, the profit-booking momentum for BTC kicked in as soon as the price level eyed $32,000. It also faces significant resistance above 0.786 FIB level on the Fibonacci retracement table.
Considering the technical indicators, the Directional Movement Index (DMI) suggests that the price level might continue to consolidate as ADX (21.50) had a positive crossover against -DI (20.18), but +DI (14.13) remains well below. For the past couple of days, the price level is also unable to sustain above the basis line of Bollinger Bands.
The resistance levels can be placed at $32,000 and $34,000, respectively. Conversely, support levels can be set at $30,000 and $28,000.
BTC/USDT ~ Weekly Overview Bitcoin experienced a week dominated by range-bound momentum. The chart illustrates a distinct consolidation range that has materialized between the price range of $30,000 and $31,000. Since the commencement of July, the price has been unable to surpass the upper boundary of the Bollinger Bands. Nevertheless, it has managed to sustain a position above the baseline, which may indicate a positive signal in the short term. In general, the resistance levels for BTC are located at $32K and $34K, whereas the support levels can be found at $30K and $28K.
BTC/USDT ~ Weekly OverviewThe past week for Bitcoin was the most anticipated one as it broke above the crucial psychological mark of $30K.
On the chart, it was observed that the bullish rally for the world’s largest digital asset started at the 0.786 FIB level and broke above the 0.236 FIB level.
From hereon, it will be crucial for BTC to maintain sustainability above 0.236 FIB level for further price discovery at higher levels.
Considering technical indicators, the RSI level is taking divergence from the overbought region and is expected to take a breather in the neutral zone.
The Directional Movement Index (DMI) suggests caution as +DI looks in potential to face a negative crossover against -DI.
Overall, resistance levels can be placed at $32K and $34K, while, the support levels can be placed at FWB:29K and FWB:27K , respectively.
BTC/USDT ~ Weekly Overview The past week for Bitcoin was full of volatility and recovery as the current price level stands at a 2.39% gain on a weekly basis.
As the overall market conditions got heated up due to the regulatory environment, BTC broke below the crucial level of FWB:25K in the past week. However, there was a strong bounceback after it crossed the 0.786 FIB level.
EMA-20 which acted as the support level for the past week might be turning into resistance mode as highlighted in the chart.
Considering technical indicators, the RSI level is struggling to cross above the neutral zone. The DMI suggests there is still negative sentiment prevailing for BTC as -DI (23.80) is moving above +DI (13.92) and ADX (20.56).
Overall, the resistance levels can be placed at FWB:27K and $29K. On the contrary, support levels can be placed at FWB:25K and $23K.
BTC/USDT ~ Weekly Overview The previous week in the cryptocurrency market was dominated by concerns regarding the Securities and Exchange Commission (SEC) targeting Binance and Coinbase. As a result, the world's largest digital asset experienced a significant decline of approximately -3.60% over the course of the week. Currently, Bitcoin (BTC) is encountering substantial resistance above the 0.618 Fibonacci level and struggles to maintain sustainability above the EMA-50.
Nonetheless, there exists a robust support level for this cryptocurrency asset below the 0.786 Fibonacci level. It is essential to closely monitor the market fundamentals this week, as they will play a crucial role in determining the market's response. The resistance levels for BTC are anticipated to be situated at $26,000 and $28,000, while the support levels are projected to be at $25,000 and $23,000.
BTC/USDT ~ Weekly Overview After being without insignificant action for quite some time, BTC showed some signs towards a potential downside. The price level faced a negative crossover against EMA-200 after it was unable to maintain sustainability above it.
The price level also went below the 0.236 FIB level and a breakdown below the crucial mark of $26K can be major bearish indicator.
The RSI level is also residing in the oversold region. This may indicate of a bounceback. Overall, the support levels can be placed at $26K and $24K. On the contrary, resistance levels can be placed at $28K and $30K, respectively.
