btcusd short term analysishere i made some analysis for btcusd, marked important zones which can be uselful for follow price action, for educational purpose.by star63rats2
Is BTC getting ready to short?It seems like BTC buyers are not happy with the current price... so a good discount is expected in the coming weeks. Before that a retest of previous resistance is expected... Hope they(😊) make my move come true 🙂👍by WahyedUpdated 114
Bitcoin Buying ZonesHey Guys, Bitcoin has got rejection from 48k, has not retested the 31k resistance even once, so it may be able to retest 31k once, and that will be the best buying zone for the long term. Enjoy..!! I am not Financial Advisor, This is my Opinion i am some guy on the internet...!! by Earn_With_Ronak1
Yearly Base LineI noticed yearly baseline targets for Binance's BTC/USD in 2024, considering past years' trends. The hypothetical baseline is 42,852, with an optimistic target of 58,397 and a cautious one of 23,407. I also checked previous years' patterns as potential support and resistance levelsby ASIFKERIM6
BTCUSD Next potential move expectationBTCUSD Bullish flag breakout and try to form the base. Anything above 48000 level will lead a potential move towards upside. Expecting deep retracement before rally. Major SR level 40000. Expected move and targets updated. Happy trading with Swing Trade academy.Longby swingtradeacademy4
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 $40,000 Shortby TradeDog-Research0
Is BTC Landing or on the runway?I believe that BTC will undergo adjustments in the near future. Our narrative revolves around where the price of BTC will find support. Scenario 1, the bullish scenario, envisions BTC reaching the support zone at 30k and bouncing back. In this scenario, we have full confidence in a new ATH for BTC in the near future. Scenario 2, the bearish scenario, involves BTC dropping below 20k. In this case, it signals the end of prosperity for BTC. What is your opinion on BTC in 2024? Do you think BTC needs to correct at this stage? Do you choose black or green?by immortalngocthanh110
short term sell in btc/usd untill it reach buying zone according to analisis buying zone for long term buying is almost 25k$ in downside . so it could be a good opportunity for short term sell . Confirmation : there is a small liqidity break zone ,even we have two of them . potential selling is worth very good risk reward ratio of almost 1:25 . Shortby yagyasheeshjoshi7201
BTC FORMED BEARISH PENNET Btc clearly shows bearish pattern which leads till 44800Shortby crypto_vulture_signals14
RSI Bands: BTC approaching the upper bandsThe graph shows the RSI bands on BTC currently. We are in pre-halving and bullish signals for 2024 may be formed or we may return back to the long term support and eventually with lower interest rates get back to bullrun.by paavot1
Faytterro Indicator flagging for overbought, possible bullrunFaytterro Indicator is signaling pre-bullrun indicators.by paavot0
$BTC Liquidity LevelsThe liquidity levels of CRYPTOCAP:BTC are currently as follows: 🔵 Buy Side Liquidity: $48,240 | $68,900 🔴 Sell Side Liquidity: $24,240 | $15,460 🟠 Psychological Level: $50,000 The decision day for the #BitcoinETF is set for January 10, 2024. However, there seems to be strong rejection and delay vibes in the air. The SEC is playing clown games, testing our nerves. During uncertain times like these, it is best to preserve funds and stay patient. Sometimes, the best trade is no trade at all.by femtoxbt14
BTCUSD pump incoming?BTCUSD pair seems to be forming a cup and handle pattern on the weekly. $32000 remains a resistance, in case this gets breached the upside potential is massiveLongby DanishCUpdated 2261
BTC HAVE 4 CHABCES AT LAST CORRECTION WILL TAKE PLACE BTC need correction becoz of huge heated markets and if ETF approved or not approved market will see correction.Shortby crypto_vulture_signals0
btc - buy 08-01-2024 45000$----------- LIVE BRAKOUT ascending triangle chart pattern -- What Is an Ascending Triangle? An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since price will typically break out in the same direction as the trend that was in place just prior to the triangle forming. 1 An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop-loss level. It may be contrasted with a descending triangle.Longby algorithmssetup2
BTC ROAD-MAP FOR Y2024As per My elliottwave counting we may see 58-60k level in Y2024 Correction of 1st wave as shown in chart has been completed near 42k. we may see bull ride towards 54k soon if hold 42k. below 42k this analysis is nullified.Longby UltimateForexSignals3
Bitcoin us dollar Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade, this post is for educational purpose only . warning :- do not jump directly or do not copy my trades DO your analysis properly Shortby Vaishali420Updated 338
BTC Last move? Or Start?In lower time frames BTC is showing strength for bull Run, thus it should continue the uptrend in the coming days for a reversal. This is my idea for possible next move. The Stop loss is compulsory as it could drop significantly. GLLongby WahyedUpdated 1111
Bitcoin Soon $200k if ETF get to Approved ?BIG NEWS: Bitcoin Aiming for $209,000 / MIL:BTC Get ready for a potential surge as history repeats itself: 2004: Gold Spot ETF Approval Result: Gold Price Soared by 481% #Bitcoin currently at $43,480 High chance of #ETF Approval in days A 481% increase from now = $209,000 BTC Fun Fact: #Gold never returned to its pre-approval price. Are we in for a wild ride?Longby CryptoPatel1111
Before $300,000 - $500,000 Bitcoin Hits $20,000 to $11,300...It has come to my attention that some of the new readers and beginners are a bit confused... This is normal, do not worry... I am here for you. I reply to all comments and take care of everybody. Those positive, those negative and those in between. Now, to start, just keep in mind that it is normal to be confused if you are just getting started or haven't been around long enough. What I do here is read charts, I share my opinion of what is going on with the charts. Below you have everything in a nutshell. Bitcoin LONG-TERM VIEW We believe that Bitcoin will hit $300,000 to $500,00 within 3-5 years. Before Bitcoin hits $300/$500K, it will hit a new low first around $20,000 to $11,300. That's all, pretty simple. Now, this is only our view and it can be right or wrong... What happens if I am wrong? Nothing really, life goes on. What happens if I am right? Nothing really, just no surprise. This is just my view, you can easily share yours. We have here on Trading View over 30,000,000 traders according to the statistics on the front page, I am just one (1) of those. You can browse around, there will be many opinions... Who will you trust? Me, the trolls, other traders? I say you trust yourself. Do your own research. Practice, study and only decide based on your results. If you have doubts or still feel confused, just leave a comment and I will do my best to lend my support... We focus on the Altcoins though. Now, the low can happen in a few days or a few weeks or a few months.... We are not predicting the time, we are sharing our general long-term view. Is this clear enough for you? I really hope so... Thanks again for your time and reading. Remember that you can always leave a comment with your questions... I am here for you. Thanks a lot for the continued support. Namaste.by AlanSantanaUpdated 242483
Long bitcoin- Big volume at key resistance area Big volume seen at key resistance area. Likely to give a breakout. Tgt- 44144Longby Amit03085
MID WEEKLY BITCOIN ANLAYSIS ... 03/01/2024...Bitcoin has taken support at the 18.75 % levelwhich was 15701 after All Time High. Its fresh cycle of growth in Bitcoin as long as low of 15701 is held in future. After taking support on the cluster levels of 33.3% and 37.5% which were 25246 and 28001. It has risen above the 50% level of 36201. As in Gann Analysis it is the most important level of 36201 ako 50% level. Long term trend will be positive if this level is held. Next cluster levels on chart are the 62.5% and 66.66% which are 44401 and 47090. Observe the chart critically you will 3 weeks consolidation around this level. Then we had a breakout with a high of 45922. But instant profit booking was seen at highs. Both cluster will be tough to cross but as when they are crossed we may see run p to the 75% level at 52600 which is the bulls next target. If profit booking sustains and failure to sustain above 47090 we may see consolidation around these current levels and further downside till 50% level of 36201. For short term view we need to move on the lower timeframe of daily and hourly charts. Happy Trading !!! With usual disclaimer as per SEBI rules and International rules for disclosures.Not an Trading Advice. Please contact your Registerd Investment Advisor before trading this volatile instrument.by kbr91219650