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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.
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?
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 it's possible to buy#BTCUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
1st support:
14050
Next Zone area & horizontal swing Low support
1st Resistance
24400
Zone area & horizontal swing high resistance
btcusd forecast bitcoin might continues to fallbtcusd forecast bitcoin might continues to fall till the next support zone.
bitcoin becomes very risky to invest (long) but one can try selling with proper risk management
it's just an idea
i share with you wha i've seen in the chart
trade what you see, not what you feel.
Good Luck !
Happy Trading !
btcusd forecast
bitcoin forecast
BTCUSD bullish count targeting 85-90K end of year.BTCUSD wave count I discussed in earlier posts indicating ABC correction might have finished (less probable to me). For validation of this we should reclaim above 52.5K with sustainable volume on higher timeframes and also not to loose 40.5K on daily /weekly basis. My personal bias is towards 1st scenario leading to 18-20K
BTCUSD Important levelBTCUSD make or break level, BTCUSD is at important level Forming a ascending triangle Pattern Let's see this sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
BTCUSD important levelBTCUSD make or break level, BTCUSD is at important level Forming a Channel Pattern Let's see this sustain or not. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
BTCUSD important levelBTCUSD Which is showing a great opportunity BTCUSD is at important level. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
BTCUSD at important levelBTCUSD Which is showing a great opportunity BTCUSD is at important level. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
#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.