Bitcoin on a support level.Bitcoin rejected from the crucial yellow line resistance zone and now finding support on 15 min chart for the target of 61424.Longby merchantparvez3
Bitcoin Bybit chart analysis August 8Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. There will be a Nasdaq indicator announcement at 9:30 in a little while. After entering a long position of $55,199 with a purple finger at the bottom left, I connected today's strategy as it is. There seems to be a high possibility of a sideways movement in Nasdaq Bit was operated aggressively. *One-way long position strategy when the red finger moves 1. Long position entry section of $57,106.5 / Stop loss price when the purple support line is broken 2. Top section 1st target -> Good 2nd target The convergence section at the top 1 and the bottom 2 is a sideways range The section at the top 1 is yesterday's long position 1st target The section at the bottom 2 is a sideways range. In case of a breakout of the purple support line, Be careful because it can fall sharply up to Bottom-> 3 times. For those who have been long since yesterday, It is better to maintain the stop loss price when the purple support line breaks. If it rises to the Good section today, It seems advantageous to wait for a long position without entering a short position separately. Up to this point, I ask that you simply refer to and use my analysis, and I hope that you operate safely with principle trading and stop loss prices. Thank you.Longby BitCoinGuideUpdated 4
BTC DEATH CROSS IN DAILY TIME FRAME 🚨📉Description:🔍 Death Cross on BTC Daily Timeframe When the Death Cross flashes on Bitcoin's daily chart, it typically signals a bearish scenario. Here's what you need to know:Initial Reaction: The market may initially experience a small pump, creating a false sense of security. 📈The Real Move: Following this, a significant dump often occurs, aligning with the bearish expectations. 📉BTC Price Targets: 📉 $50,000: The first line of support might be tested. 📉 $48,000: Watch for potential resistance as the price trends lower. 📉 $44,000: A deeper correction could lead to this target.Shortby crypto_vulture_signals1
Bitcoin Bybit chart analysis August 7Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. Since there is no indicator announcement for Nasdaq today, there is a high possibility of sideways movement. Instead, the 12-hour chart MACD is in golden cross order, and an upward trend can be connected from the gap reversal, and Bitcoin's pattern is not broken compared to Nasdaq and the turnover rate is good. It is the position before touching the center line of the 6-hour Bollinger Band chart, and it is a match with an upward rebound. *One-way long position strategy when the red finger moves 1. 56,170.5 dollars long position entry section / stop loss price when the green support line is broken 2. 60,856 dollars long position 1st target -> Gap, Good 2nd target, but it is roughly the center line of the 12-hour Bollinger Band chart. When touching the Gap or Good section, after switching short positions, it would be good to wait for the final long position tomorrow. I was worried that I might miss the long position entry point, but if there is a strong rebound from the current position, there is a long position entry point at around $56,722.5 (green arrow) in the return adjustment, so please refer to it. The section of $58,122.5 near the pink resistance line (red arrow) is the 6-hour Bollinger Band chart, but if a touch occurs before an additional candle is created at 9 p.m., the possibility of a sideways movement decreases. (It is difficult to break through the center line with one candle, and it looks like it is being pressed) The orange resistance line at the top The green support line at the bottom is a sideways movement, and from the bottom, it is section 3, and there is a possibility of an additional decline after tomorrow. Please use my analysis so far for reference and use only, and I hope that you operate safely with principle trading and stop loss prices. Thank you.Longby BitCoinGuideUpdated 117
Resistance for BitcoinShort term resistance faced by Bitcoin on 15 mins chart, can come to level of 15600 Shortby merchantparvez0
Again BTC Tapped Into Our Level!Btc Again Touch the Selling Level Of 4hr & 1hr of Selling Zone, So we Can make a small entry & enjoy the Flow Of the Market! CRYPTOCAP:BTC BITSTAMP:BTCUSD BINANCE:BTCUSDT BINANCE:BTCUSDT.P Shortby Desi_TradingGirl2
Bitcoin buy on dip until 54k not break if break then sell alsoDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3- (T3 : 127.2 %) Target 4- (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitLongby JaiPrakashShuklaHarmonicTrader0
Bitcoin EW analysis.Bitcoin EW analysis. After Bloodbath in Bitcoin recently, it found temporary bottom and bouncing from it and EW markings of recent swings are marked as per rules. Any suggestions or corrections are welcome.Shortby sanjay.prajapat.311116
As per the Plan!As I Spotted The Selling zone , & It Worked Well So you Can Take your Half of profit ..It seems it will take A week To reach the Target! Enjoy the Market! BITSTAMP:BTCUSD CRYPTO:BTCUSD CRYPTOCAP:BTC BINANCE:BTCUSDT Shortby Desi_TradingGirl3
Bitcoin (BTC/USD) Price Action Analysis Introduction Hold on to your digital wallets, fellow traders! We're diving into the latest price action of Bitcoin (BTC/USD), where the recent breakout has left us all on the edge of our seats. Let's dissect this chart and see what the crypto king is up to. 🚀💰 Price Action Overview Chart Analysis Current Price: $55,992.52 24-Hour High: $57,027.91 24-Hour Low: $55,909.09 Volume: 111.36 BTC (yup, that's a lot of virtual coins moving around!) Key Technical Indicators Rising Wedge Pattern: A bearish pattern indicating a potential reversal. Breakout Confirmation: Price has broken below the lower trendline of the rising wedge. Volume Analysis: Noticeable increase in volume during the breakout, hinting at strong market participation. Detailed Analysis Rising Wedge Pattern Pattern Description: A rising wedge typically forms during a downtrend and is considered a bearish continuation pattern. Implications: The breakout below the lower trendline suggests that bears are taking control. The support might be a bit weak here, like a soggy cardboard box trying to hold up your crypto dreams. Breakout Confirmation Breakout Level: Around $55,992.52 Implications: The bearish breakout indicates that the price might continue to decline. Time to buckle up, this ride could get bumpy! Volume Analysis Volume Trend: Volume has spiked during the breakout, adding credibility to the move. Significance: High volume during a breakout is often a strong indicator of the move's validity. In simpler terms, the crowd is chanting, and it doesn't look good for the bulls. Support and Resistance Levels Immediate Support: $54,600.00 - Keep an eye on this level; it might just be Bitcoin's life raft. Immediate Resistance: $57,864.53 - The bulls need to conquer this to regain any lost ground. Conclusion Bitcoin has shown a bearish breakout from a rising wedge pattern with substantial volume, indicating potential for further downside. Traders should monitor the immediate support level at $54,600.00 and resistance at $57,864.53 for potential bounce or continuation points. Stay vigilant, and may your trades be as fruitful as a bull market in full swing! Disclaimer This analysis is based on historical data and chart patterns. Always do your own research and consider your risk tolerance before making any investment decisions.Shortby TRADING-NASA3
Bitcoin Change in trendBitcoin has changed its direction from falling channel to ascending channel. Below is the chart. Longby merchantparvez2
Bitcoin Bybit chart analysis August 6Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. There is no Nasdaq index release today It is in an uptrend And I made a strategy for the part where the wave is getting bigger. I was worried a lot about missing the entry point Since the short-term pattern was broken in Tether Dominance I applied the downtrend to Bitcoin. *When the blue finger moves It is a two-way neutral Long -> Short switching strategy. 1. 53,310 dollars long position entry point / cut-off price when the green support line is broken 2. 58,122.5 dollars long position 1st target -> Top 2nd target 3. Short position switching at Top 59,164.5 dollars / cut-off price when the pink resistance line is broken Since it is a strategy aimed at perfection I lowered the long position take-profit price a little And when the top target price is reached perfectly, I switch to a short position. At the top, 1 and 2 are horizontal lines If it doesn't come down to the entry point and rebounds in the 2nd section Please pay attention to the purple parallel line. The 3rd section is a downward horizontal line If the previous low point bottom section doesn't break You can continue to play in the current channel. From the bottom Please note that there is a high possibility of additional decline after tomorrow. Up to this point, please use my analysis for reference only I hope you operate safely with the 6 types of one-shot trading and stop loss prices. Thank you.by BitCoinGuideUpdated 3311
Mid term NeoWave analysis of BITCOINHere is the mid-term NeoWave analysis of BITCOIN. As per my analysis, we are in the G wave of the diametric pattern to the upside, so we can expect upside movement. For now, I am bullish for bitcoin but as soon as this G wave is over we can expect a massive fall so invest accordingly. Longby VaibhavDhonde0
Bitcoin (BTC) Complete Price Analysis Bitcoin (BTC) Price Analysis Bitcoin's price has seen significant volatility in recent weeks, with the price ranging from a low of around $42,000 to a high of $62,500 in the coming next 6 Month BTC is heading again for $62,600 then there will a new Selloff which leads BTC to go Down for $42,000. Price History On July 5, 2024, BTC reached a low of $53,717.38 before rebounding to close at $56,662.38. The price then surged to a high of $67,779.02 on July 23, 2024 before pulling back. As of August 6, 2024, BTC is trading at $56,250, up 4.20% over the past 24 hours. Market Cap and Dominance Bitcoin's market cap has fluctuated along with the price, reaching over $1.3 trillion at the recent highs. BTC dominance, which measures Bitcoin's market share compared to altcoins, was 47.9% as of July 18, 2024. Factors Influencing Price Macroeconomic conditions, such as weak economic data, have dampened risk appetite and contributed to the recent sell-off. Regulatory developments and government actions, like Trump's plans to establish BTC as a U.S. strategic asset, have also impacted the market. Outlook Despite the volatility, Bitcoin remains the top performing asset over the past decade, up over 9,000,000% since 2010. The long-term outlook for BTC remains positive, with increasing institutional adoption and the potential for further price appreciation. However, investors should be aware of the risks associated with investing in cryptocurrencies, including high volatility, regulatory uncertainty, and the potential for significant losses. As always, it's important to do your own research and invest only what you can afford to lose.Longby TradeMing0
Bitcoin Bybit chart analysis August 5Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is a 30-minute Bitcoin chart. The analysis took a long time because it is a place to test whether the current position is a meaningful section or not. Because the difficulty level increases a lot, Beginners must be careful. Continue to pay attention to the Nasdaq variable, and when Nasdaq falls, it couples with Bitcoin. In the case of Tether Dominance, it touched the center line of the Bollinger Band monthly chart. In fact, other than looking at the entry timing or pattern, it is greatly affected by the Nasdaq movement, so it is not very important. There is no place to eat Bitcoin as a short, but there is no reason to raise it strongly today, and I am watching Nasdaq. I created a strategy based on the sideways market. *When the blue finger moves, it is a two-way neutral strategy. It is a short->long or long waiting strategy. 1. $52,756 short position entry section / stop loss price when pink resistance line is broken 2. $49,293 long position switching / stop loss price when green support line is broken 3. $54,093 1st -> 1st section 2nd target -> short switching when top is reached The final short position will probably be autonomous trading depending on the situation. The movement of Tether dominance is important, While touching the center line of the Bollinger band monthly chart, It is important whether the adjustment will continue immediately or whether the sweep will be connected. The pattern is alive and the uptrend is strong. It may fall from the current position immediately, or after shorting, the 2nd section at the bottom may become a double bottom section (Tether dominance sweep condition), and if it rebounds in the 2nd section, it may shoot strongly upward, so it is dangerous, but it is a good position for profit and loss ratio. Short->long or 2nd is the final long waiting strategy, and when the 2nd section is reached, it seems more advantageous to modify the long position stop loss price than to switch short. Please note that today's bottom may be pushed up to the 3rd section depending on the situation. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you operate safely with principle trading and stop loss price. Thank you. by BitCoinGuideUpdated 44102
Here The Selling Zone Of BTC!As There's Bearish Trend in BTC , so price is retracing now But It will Again start Selling After Touching It's Selling Zone As well as Fib 0.786 level! CME:BTC1! CRYPTOCAP:BTC BITSTAMP:BTCUSD Shortby Desi_TradingGirl445
Understanding Bearish Sentiment and Current BTC ScenarioCurrent Bearish Sentiment Reasons:- 1. Geopolitical tensions between Israel and Iran have destabilized the market, with fears of an imminent war within the next 24 to 48 hours leading to a global sell-off as investors seek safer assets. 2. Disappointing earnings reports from tech giants like Amazon, Intel, Microsoft, and Alphabet (Google) have cited slower growth and capacity constraints, dampening investor enthusiasm. This spurred fears of a recession, as evidenced by the jump in the Cboe Volatility Index (VIX), which measures market volatility. 3. In the crypto space, Jump Crypto has unstaked approximately $410 million worth of Ethereum since July 24th and sent $314.8 million to exchanges, contributing to a price dump. This large-scale transfer suggests a potential sell-off, adding downward pressure on prices. 4. All these reasons have led to total liquidations surpassing $1.6 billion, with 75% being long positions, resulting in a $531 billion reduction in the crypto market cap. Current BTC Scenario Bitcoin (BTC) is currently around $52,000 after hitting a low of $49,000. The cryptocurrency broke its bull flag pattern, indicating potential further downside. On the 2D chart, BTC showed a demand zone price action with a range between $53,000 to $50,500 , this might be the potential bottom of market however if this level breaks then next critical support zone for BTC is between $44,000 and $40,000 . This is a crucial level to go for "BUY FOR BAGS PRICE" . Investors should closely monitor these developments amid the turbulent market landscape. However with UnTrade's in house mathematically robust algorithms like BARS which almost captured entire sell-off can be a safe haven for those investors/traders looking to generate some systematic returns over their portfolio with time without having to manually open positions.by Un_trade224
Bitcoin with a few changes is still wave 4Bitcoin is forming an triangular pattern a-b-c-d-e or a complex pattern w-x-y-x-z both of which can conclude with the panic low below the neckline at 52074. Holding this level we should see wave 5 unfold soon. 5=1 using the Fibonacci extension is placed at 100000$. BTC typically goes up when the dollar is falling so we have seen a divergence in trends in the short term but it should align quickly with the trends.Longby indiacharts112
Bitcoin 1D Crash Analysis - Bitcoin flash crashed by more than 20% today where we saw World markets tanked too - Bitcoin has 2 Important POIs to Watch out - 1st POI - 49-51,000$ - 2nd POI - 39-41,000$ - Bitcoin can become more volatile if we see the war escalated - If we do not see the war getting escalated we can then see Bitcoin recovering very fast as well - Deviation is going to be there and be ready for choppy action Longby VKtradesimbalance222
Its Not Over YetThe Downtrend is not over yet as the Price is yet to touch the $40,000 level. Shortby TradeMing3
Bitcoin has taken imp supportStill down 6% but it has taken an imp support. it has taken support at the trendline and fib confluence. One asset class has reversed and is a very positive sign for the rest.Longby singh17vivek2
Decoding, What BTC Can Do Next & How? The BTC on the daily chart has dropped significantly from an ascending wedge a week ago and has slipped two critical supports at $60278 and $56393 quicker in the past 24 hours, breaking the 200-day EMA. As of writing, it hangs over a historical demand zone, where it traded at $51928 with an intraday dip of 11% on the daily chart. Breaking this would lead to $47361 and $43217, respectively. Moreover, a look at the monthly TF chart, the BTC price had an ascending wedge in play. Where the price has been deflected from the upper border of the channel, causing the plunge. In the past activity, it has been witnessed that the channels' middle line has shown previous comebacks in price, and recently, it has reached near this dynamic trendline. Based on potential buyers' interest, this trendline could hold and bounce back. But if the seller's dominance accelerates, then deterioration would lead to a severe crash, making it a resonating crash globally in the crypto realm. Over the daily, the indicators are all red and displaying further bearishness, as 50-day and 200-day EMA have been pierced down. The MACD showed a bearish cross with a broadening histogram downwards at 1542.02. However, the loss of strength in price dip has been observed by RSI, as it has entered extremely oversold territory below 30 at 23.61. Since RSI has been oversold, there happens to be a good probability for BTC to rise. Therefore, if it bounces back, then the hurdle would lie at $53614, $56393, and $60278, respectively. Longby Sam_TCR0
Bitcoin Bybit chart analysis August 2Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. First, since it has come down to the desired level on Nasdaq, I created a strategy based on the Tether Dominance Double Top. The purple finger on the lower left is the final $62,583 long position entry point yesterday. *When the red finger moves Long position strategy 1. $64,085 long position entry point / cut-off price when the green support line breaks 2. 66,522 long position 1st target, target price in the order of Good -> Great during the weekend No. 1 on the top is today's best short position entry point No. 2 on the bottom is the sideways movement point, and when it breaks it will reach the double bottom point No. 3. 3 is the section that is not broken through when maintaining the double top in Tether Dominance, and the bottom section is the daily chart Bollinger Band support line, and everyone knows it and everyone is waiting for it. I used the strategy for the red finger in the middle wave, and when cutting losses, you can do a final long wait at 3 or the bottom, right? Up to this point, please use my analysis as a reference and only operate safely with the 6 principle trading + stop loss price. Nasdaq is really a tough friend. It's hot, so you worked hard this week too. Thank you. Longby BitCoinGuideUpdated 1