Search in ideas for "BTCUSD"
BTCUSDT: Long-Term Upside Despite Short-Term Dip ?BTCUSDT Holds Steady in a Downtrend – But Long-Term Growth Still in Sight
BTCUSDT is currently trading around 68,045 USDT, continuing its downward trend. However, in the bigger picture, the coin remains within an ascending channel, hinting at the potential for future gains.
From a technical perspective, I’m watching closely for a buying opportunity as the price approaches the lower boundary of this parallel channel.
What about you? Do you see the same potential setup?
BTCUSD SHOWING A GOOD D UP MOVE WITH 1:10RISK REWARDBTCUSD SHOWING A GOOD D
UP MOVE WITH 1:20RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:20 RISK REWARD BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:20 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BTCUSDT : ICHIMOKU CLOUD SUGGESTIONBTCUSDT
Ichimoku Trade Suggestion
What Ichimoku Says?
1) Positive Cross Over: Conversion Line Crossed above Base Line at below cloud zone (Bullish Sign)
2) Positive Coincide: Lagging Span and Price both have coincided (Bullish Sign)
3) Pending Action: Lagging Span and Base Line Cross Over is Pending (Action Pending)
4) Pending Action: Price has to cross above the Ichimoku Cloud (Action Pending)
Out of four, two have given bullish signs in the Current Structure. Let's hope for the next two
Target Expectation as per Ichimoku Pattern 33000$, View negotiate below 27500$...
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.
BTCUSDT: Buy in the short term.BTCUSDT is continuing its strong uptrend, currently trading around $63,590.
In the short term, the bullish momentum is clear, with the trendline, EMA, and other technical factors all supporting the buyers. Personally, I favor a buy strategy with a take-profit target at $65,000.
You can consider buying now or waiting for a price pullback to the trendline for a better entry.
Wishing you all successful trades and plenty of profits!
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BTCUSDT potential (60K TARGET) if we break 50k with level 2BTCUSD has been known to give 2 levels to the downside and 3 levels to the upside and we have already got 2 levels to the downside which tells we are going into mark up phase remember we have already completed level 1 and we could get a retrace to 4 hours 50 ema if market makers want to shake out some retail traders, we can easily breach 60k if we get 3 rises to the upside. Peace
BTCUSD: Key Levels and Projections Based on Elliott WavesBTCUSD has formed a corrective pattern on the daily timeframe, identified as a W-X-Y structure with seven distinct waves. The price found support at the 200 EMA, reaching a low of 49,57 7 before bouncing back. The sub-waves within this structure are clearly visible, with wave (1) and wave (2) completing at 62,729 and 52,546 respectively.
Currently, BTCUSD is encountering strong resistance at the upper boundary of the corrective channel, posing a significant challenge for bullish momentum. Although wave (3) has managed to rise above wave (1), it has not yet confirmed a strong bullish breakout. To establish a decisive upward move, wave (3) needs to hold above wave B and breach the upper boundary of the channel. The breakout can help the price to get 100% of the whole correction.
Failure to break out of this resistance zone could result in the corrective structure extending into an X-Z formation, leading to a prolonged consolidation phase. This would suggest more time is needed for the pattern to play out, causing frustration for traders looking for a clear bullish trend.
We will provide further updates to our followers soon.
- Trade technique by KP
BTCUSD (CRYPTO) buy on dipsBTCUSD made All Time High 73805 on 14th March 2024
post that made low till now is 49112 on 5th Aug 2024
corrected nearly for 5 months.
Elliott Wave Analysis :
BTCUSD in Triple correction namely w-x-y-x-z
of which last leg is in progress... till now low made 49112.
Expecting wave z to form Triangle Pattern.
Indicator :
MACD given Positive Diversion and Positive cross over.
Important support :
Channel support near 53000
psychological level and low 49112
Worst case expected low : 45000
Improtant Fibonacci level :
0.618 % : 58430 (Acting as immediate resistance)
Buying opportunity :
Conservative approach: Buy on crossing 0-b trendline and sustaining above golden fib 58430
Aggressive approach : accumulate slowly near 45000-58430
Upside Potentials:
73000++ in long term
Conclusion : Be cautious now in shorting BTCUSD. Now time to look for buying opportunity in dips.
Disclaimer : Study here presented only for Educational purpose... No Trading advise..