Khela hone wala haiBTC is a lucrative trade, but it carries some risk as it can impact liquidity and then reach the target, so exercise caution.
BITCOIN trade ideas
Bitcoin Bybit chart analysis June 10Hello
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Bitcoin 30-minute chart.
There is no Nasdaq index release today.
Beat is after touching the support/resistance line on the 3-hour chart.
It's going sideways.
This week's CPI and US interest rate announcements seem to be a very important period.
Based on Nasdaq's upward-sloping protection
Based on tether dominance
We competed in the 1+4 rebound section.
*Sky blue finger movement path
Two-way neutral
Short -> Long switching strategy
1. Short position entry area of $69710.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $69328.5 / Stop loss when the green support line breaks away
3. $70461.5 long position primary target -> Top secondary target
In short->long switching
The cost-effectiveness is not very good.
I created a strategy based on intermediate waves.
If the adjustment is strong at 69.7K at the top,
Section 1 at the bottom (sideways to the right) -> can be pushed to the bottom.
please note.
Also, for those who are currently entering a long position,
Breaking out of the green support line can be dangerous.
You must keep your stop loss.
After reaching the first target
Once the orange resistance line is broken, you can shoot straight upward.
Watch me.
There is a high possibility of sideways movement, and Nasdaq variables may appear.
I hope you operate safely with stop loss required + principled trading.
thank you
UI has followed the decline of BTC The SUI has followed the decline of BTC on the daily chart, in the last seven days from June 11th price-performance was bearish. The BTC Declined by -5.85%, while SUI also followed the lead and degraded by -16.25 %.
At press time, SUI traded at $1.0130 with -a 1.98% dip, while, BTC at $67659 with an -2.65% intraday fall. BTC appears to be approaching the $66150 defense line, if it breaks, the SUI could also lose the $0.90 support level. As Bitcoin happens to be the number 1 crypto by market cap, it impacts the broader market sentiments as well.
Bitcoin BTCUSD sell on rise til 70600 not break 65500 downsideDisclaimer -
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 :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin Bybit chart analysis June 7Hello
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Bitcoin 30-minute chart.
At 9:30 tonight
There is one moderately important indicator announcement for the Nasdaq Non-Agricultural Index.
Even on Nasdaq, the short-term pattern is broken.
In the afternoon, Bitcoin was restored as explained in the details.
6-hour chart MACD deadcross in progress
The short-term pattern is broken.
So, after considering various conditions comprehensively,
I brought a one-way long position strategy.
This is because it is very difficult to explain positions with a high possibility of sideways trading.
I will simply summarize the analysis.
*Red finger movement path
One-way long position strategy
1. $70848.5 long position entry area / stop loss when breaking out of the light blue support line
2. $72446.5 long position primary target -> Good secondary target
Possibility of vertical rise if the purple support line is maintained
Even if we succeed in rebounding today
Because short-term patterns continue to break, NASDAQ
It must be strongly raised and coupled.
The MACD death cross on the 6-hour chart alone is not that scary.
As expected, I think the Nasdaq movement will be important.
Section 1 at the bottom is a section that traverses downward to the right.
If this section is exceeded or damaged, it will be adjusted below the Bottom during the weekend.
It can be connected, so be careful.
If you drag the chart up or down
Resistance line price and
You can check the support line price at the bottom.
If you succeed with today's strategy, this time you will really go to 100 million.
As the sideways movement gets longer, I keep turning into a shepherd boy.
Although it takes a long time
Because the overall flow and movement is in an upward trend,
Don't forget to follow principle trading and stop loss.
I hope you operate safely.
Thank you for your hard work this week too.
Although it's not enough, you're always with me
thank you!
BTC right below some weak resistances. Waiting for liftoff...Be patient. The markets can remain irrational longer than you can remain solvent. BTC is obviously volatile so don't be the house on it.
It's bullish and not hard to see on the chart. Fed meeting this week and then I guess we'll see.
NFA - looking good for a bullish breakout
BTCUSD fall will continue sell on rise Disclaimer -
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 :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin now is dropping to EMA25 daily. It's a temporary supportCurrently, Bitcoin is experiencing a decline to the daily EMA25, which is merely a provisional support at this point.
Keep a close eye on the funding rate matrix this weekend.
If there is a substantial continuation of positive funding across the spectrum, it could pose a significant threat to the EMA25 support.
Monthly timeframe looks absolutely bullishThe monthly timeframe appears decidedly optimistic with a breakout and consolidation above the primary supply zone. I believe we have a narrow window of 1-3 months to gather more #BTC before the ultimate surge commences. This could be our final opportunity.
BTCUSD fall will continue sell on till recent high not breakDisclaimer -
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 :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin Bybit chart analysis June 5Hello
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Bitcoin 30-minute chart.
Based on tonight’s 30-minute chart
There are two indicator announcements at 9:30 and 11:00.
According to Nasdaq flow and Tether dominance movement
I created a strategy.
There's a lot of complicated stuff to explain, so I'll keep it very simple today.
*Red finger movement path
One-way long position strategy
1. $70698 long position entry zone / stop loss when breaking out of the green support line
2. $72446.5 long position 1st target -> Good 2nd target
Section 1 at the top is lateral to the right.
Section 2 at the bottom moves sideways to the right.
From the point of departure from section 2, the pattern is broken.
There is a possibility of further adjustment.
The vertical line on the right is because tomorrow is a holiday.
I have left a drawing based on the daily chart being generated on Friday, June 7th.
If you drag up or down
You can check support and resistance prices that are not visible on the chart.
As mentioned in the Good section,
This is the section where Bitcoin exceeds 100 million again.
After the rebound on Nasdaq today
There is a high possibility that there will be a downward movement.
If this movement is an upward wave, or even if it is only a sideways movement,
The beat can rise strongly.
Please watch to see if Tether dominance is connected to a vertical decline.
Because tomorrow is a holiday
I'll take a break tomorrow and see you on Friday.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
buy BTCUSD 70600, SL 70200, TGT- 71700buy BTCUSD 70600, SL 70200, TGT- 71700
NOW bitcoin in uptrend last few days with 1H chart, and there is no Block Order for sell and price will be get a support at 70200, because its make a dozi block order in 30M chart i mentioned. so trade it for 1100 points
Bitcoin Bybit chart analysis June 4Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
The beat is relatively good.
Nasdaq broke its pattern and reached the danger zone.
The Nasdaq movement is very important today.
Even when looking at the beat and tether dominance movement
In sections where there is a high possibility of sideways movement
We proceeded with the most reasonable strategy.
The purple finger section on the left is $68,950.
Yesterday, June 3rd, it was the entry section for long positions,
Let’s connect and continue today’s strategy.
*Sky blue finger movement path
Two-way neutral
Short->Long switching strategy
1. Short position entry zone at $69446 / Stop loss when the orange resistance line is broken
2. Switching long position at $68732.5 / Stop loss when breaking out of the light blue support line
3. $70494.5 long position 1st target -> Top 2nd -> Good 3rd
Those who have maintained long positions since yesterday
When the light blue support line at the bottom breaks away, operate with a stop loss (1 + 4 sections).
From the point of breaking the orange resistance line,
Since the upward trend can be connected, those who operate short positions
You need to be careful
If there is an immediate adjustment without short entry
Wait for long position in section 1 at the bottom
Even if a short entry at the top is successful,
Please note that you may be delayed up to 1 section.
Strong rise if the purple support line is maintained
Even if the green support line strategy is followed,
Upward rebound -> This may lead to a vertical rise after tomorrow.
Please refer to it.
I would like to ask you to simply use my analysis up to this point.
I hope you operate safely with principled trading and stop loss required.
thank you
BITCOIN Breakout or Fakeout?To an investor, I would recommend to wait for value which is at 50,000 levels.
Do you want to participate at current levels? I may be wrong as BITCOIN is bound to rally to 100,000 one or the other day. But can it do it when rallying from 59,000 levels?
I would wait. How about you?
BTC Analysis A Glimpse into the Week AheadBitcoin Market Analysis: A Glimpse into the Week Ahead
Bitcoin's Ascending Path: EMA Strategy Insights
As we step into a new trading week, Bitcoin is making headlines once again, hovering at a significant resistance level. Traders and analysts are keenly observing this price action, given its historical context of selling pressure at this zone. However, this time, the story might unfold differently, thanks to the bullish momentum indicated by the rising 20 and 50 Exponential Moving Averages (EMAs) on the 4-hour timeframe.
Understanding EMAs and Their Significance
Exponential Moving Averages (EMAs) are a popular tool among traders for their ability to smooth out price data and identify trends more quickly compared to Simple Moving Averages (SMAs). The 20 and 50 EMAs are particularly useful in capturing short to mid-term market trends.
When both the 20 EMA and the 50 EMA are rising, it typically signals a strong bullish trend. In our current scenario, Bitcoin's price is not just above these EMAs but is also sustaining itself at a resistance level, hinting at potential strength and resilience in the market.
Current Market Dynamics
Bitcoin Price: As of now, Bitcoin is testing a key resistance level, one that has previously been a hotspot for selling. However, the persistent bullish sentiment backed by the rising EMAs suggests a possible breakthrough.
Support Levels:
20 EMA: Positioned at $66,200, this level acts as the first line of defense for the bulls.
50 EMA: Positioned at $64,680, this level serves as a stronger support and a crucial line in the sand for maintaining the bullish outlook.
Strategic Approach: Buy on Dips
Given the strength of the rising EMAs, a prudent strategy for the week would be to adopt a "buy on dips" approach. This involves looking for opportunities to enter long positions when the price pulls back to either the 20 EMA or the 50 EMA. These EMAs are expected to act as immediate supports, providing a cushion for the price to bounce back.
20 EMA: Buying at this level can be a good strategy, as it represents the initial support.
50 EMA: This level offers a more robust support and serves as a critical invalidation point. If the price dips below the 50 EMA, it may signal a potential shift in trend, making long positions less viable.
The Dynamic Nature of EMAs
It's essential to remember that EMAs are dynamic and will adjust as new price data comes in. Therefore, continuous monitoring is crucial. Traders should keep a close watch on the evolving EMA levels and the price action around these zones to make informed decisions.
Conclusion: Navigating the Bitcoin Waves
As we navigate through the upcoming week, the interplay between Bitcoin's price and the EMAs will be pivotal. While the current bullish setup looks promising, it's vital to stay agile and responsive to market changes. By keeping an eye on the dynamic support levels provided by the 20 and 50 EMAs, traders can position themselves strategically to capitalize on potential upward movements, while also being prepared to adjust their stance if the market narrative shifts.
Happy trading, and may your Bitcoin journey be prosperous! 🚀
Bitcoin Bybit chart analysis June 3Hello
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Bitcoin 30-minute chart.
There will be an announcement of Nasdaq indicators in a moment at 11 o'clock.
Rising wave on NASDAQ, Tether dominance vertical decline condition
I created today's strategy.
$67676.5 purple finger at the bottom left
I connected the long entry section on May 31st to today's strategy.
*Red finger movement path
One-way long position strategy
1. $68715.5 long position entry zone / stop loss when breaking out of the green support line
2. $70487.5 long position 1st target -> Top 2nd target -> Good 3rd target
It is a rebound from the 12+ daily candle where the pattern was restored.
In terms of overall signals, 12-hour, daily, and weekly MACD golden crosses
Because the upward trend can continue
There was no separate short position operation.
We responded by revising the stop loss.
Section 1 at the bottom is an upward traverse section.
Because a vertical decline can occur from the bottom touch
It may drop to section 2 in the early morning or after tomorrow.
If today's strategy succeeds
As I mentioned last week,
I think you can check the price of 100 million Bitcoin in Korean Won.
Because variables always arise in the market.
Please do not blindly trust it and only use it as a reference and use.
Please operate safely with principled trading and stop loss required.
thank you
#BTC/USDT Primed for Breakout#BTC/USDT Technical Analysis: Two Potential Scenarios
Scenario 1: Symmetrical Triangle Formation
- **Current Pattern**: BTC/USDT is forming a symmetrical triangle, a common continuation pattern that usually indicates a period of consolidation before the price moves in the direction of the previous trend.
- **Upward Breakout**: If BTC breaks above the upper trendline of the triangle around $75,000, this could indicate a bullish continuation. Such a breakout would likely attract significant buying interest, potentially driving the price higher and grabbing liquidity above this key level.
- **Downside Risk**: Conversely, if BTC breaks below the lower trendline, the next major support level is around $61,000. This would suggest a bearish scenario where the price could decline further, testing this support level.
Scenario 2: Bullish Pennant Formation
- **Current Pattern**: BTC/USDT is also forming a bullish pennant, another continuation pattern that often occurs after a strong upward move. This pattern indicates a brief consolidation before the price continues in the direction of the prevailing trend.
- **Bullish Breakout**: If BTC breaks out from the pennant formation with strong volume and momentum, we could expect a significant upward move. The target for this breakout is around $85,000, based on the height of the initial flagpole leading into the pennant formation.
- **Confirmation**: For this bullish scenario to be validated, the breakout needs to occur with substantial volume, confirming the strength of the move.
Bitcoin Short: Trend Breakout and Triangle PatternIn this analysis, I'm presenting a short position opportunity in Bitcoin (BTC/INR) based on a recent trend breakout and the formation of a triangle pattern on the 4-hour chart. Currently, the market is trading around 66,970 INR. Here's a detailed walk-through of my thought process:
Trend Breakout: The 4-hour chart reveals a clear trend breakout, suggesting a potential shift towards bearish momentum. This is a key signal that the market may move lower in the short term.
Triangle Pattern: A triangle pattern has formed, indicating a period of consolidation that typically precedes a breakout. The recent downward breakout from this pattern further supports a bearish outlook.
Fibonacci Retracement Level: The Fibonacci retracement level at 68,300 INR serves as a significant resistance point. I anticipate the price to retrace to this level before resuming its downward trend.
Short Entry Point: Based on the analysis, I recommend entering a short position around 68,300 INR. This retracement level offers a strategic entry point with a favorable risk-reward ratio.
Stop-Loss: To manage risk, place a stop-loss order above 69,100 INR. This helps protect against potential market reversals and limits the downside risk.
Profit Targets and Risk-Reward Ratios:
Target 1: 65,500 INR (Risk-Reward Ratio: 1:2)
Target 2: 62,800 INR (Risk-Reward Ratio: 1:3)
Target 3: 60,000 INR (Risk-Reward Ratio: 1:4)
This trading idea leverages the current technical signals to identify a well-structured short position in Bitcoin. The combination of the trend breakout, triangle pattern, and Fibonacci retracement level provides a robust framework for this analysis. Ensure proper risk management by adhering to the stop-loss and target levels.
Disclaimer:
This analysis is based on my personal observations and technical analysis. Cryptocurrency trading involves significant risk, and it's essential to do your own research and consider your risk tolerance before entering any trades. Past performance is not indicative of future results.
Bitcoin Bybit chart analysis May 31Hello
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Bitcoin 30-minute chart.
Nasdaq has an indicator announcement at 9:30.
Today is bit and tether dominance
It is really difficult to analyze because both sides are imminent.
The possibility of a sideways move is very high.
Tether dominance in patterns or flows
It is more likely to rise than beat.
Nasdaq is also in a situation where a rebound is unlikely.
We created a strategy that was as safe as possible based on sideways movements.
*Sky blue finger movement path
Long position strategy
1. $67676.5 long position entry area / stop loss when breaking out of the light blue support line
2. $69,008 long position primary target -> Top secondary target
Section 1 at the bottom is
The major support line is 12 + the daily support zone.
There is a very high probability that you will come down to this section today.
So, I took the stop loss at a breakaway from the light blue support line.
In this section, the rebound is weak or
If there is a further decline in Nasdaq
Bottom -> Section 2 at the bottom
Please note that it may continue to flow throughout the weekend.
Because there are no danger signals
There was no final short position operation today.
If today's strategy succeeds, over the weekend [
It looks like Bitcoin will surpass 100 million again.
If you drag the analysis text up or down,
I have left the main support and resistance prices above and below.
I think it would be a good idea to use it as a reference.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
BTC SWING TRADE Resistance Area - 71,400 to 73,140
If this level breaks with good closing big move will possible.
Support Area -
1st support 63,930
2nd support 60,890
Bitcoin Bybit chart analysis May 30Hello
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Bitcoin 30-minute chart.
There is a Nasdaq index release tonight at 9:30.
On the 28th and 29th, there was no direction.
It continues to fluctuate until today.
Currently, the MACD deadcross on the daily chart is being engraved.
If the rebound is strong, it may be released again.
In case of tether dominance,
The pattern is broken, but the most important thing is the NASDAQ movement.
With responsibility for analysis,
Section 1 entered in yesterday's analysis post on the 29th
I will make another chase purchase at $67,740.
I will die with you all today as well.
*Red finger movement path
One-way long position strategy
1. $67,740 long position entry zone / stop loss when breaking out of the green support line
2. $69376.5 long position primary target -> Good secondary target
As explained above,
The stronger the rebound today, the higher the MACD deadcross mark on the daily chart.
It may be released, but I judged that it could be imprinted again after tomorrow.
I ignored it without operating a short position.
Section 1 marked at the top is
upward sloping sideways market
Section 2 can come from waves.
This is the final long position entry section,
The double bottom near the light blue support line was ignored.
The last place to be pushed is the Bottom section.
A place everyone knows and waits for
In the rising pattern, it is the 12 + daily range.
Just in case, it is coupled with Nasdaq and moves in the early morning or downward direction.
If you keep dropping, you can continue to drop out of section 3 after tomorrow.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Technical Analysis - Bitcoin is trying to take some support from the zone of 67,000$
- Bitcoin on a Daily TF looks different its trying to consolidate and find a support that can stop its further drawdown
- The market from a technical perspective isn't portraying much bearish/bullish bias
- One catalyst can bring down/up prices more
- If you are looking for entries then I would highly recommend to wait for the weekends when you see prices filling back imbalances
- 63,000-65,000$ WILL BE A VERY GOOD ZONE TO ACCUMULATE ALT/ETH/BTC
Bitcoin Bybit chart analysis May 29Hello
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Bitcoin 30-minute chart.
Because today is JP’s birthday,
Because I am having dinner with my mother, I will upload the analysis earlier than usual.
First of all, the beat is the purple finger on the left
As a maintenance condition after entering a long position of $68,310
The strategy was connected as is.
There is no Nasdaq indicator announcement today.
Both Nasdaq and Bitcoin
The MACD deadcross pressure on the daily chart is in progress.
Bollinger Band 1-hour chart resistance line around 11:00 a.m.
After touching the best short position
A correction is taking place along with the Nasdaq.
I will die together with those who were with me yesterday.
*Sky blue finger movement path
Two-way neutral
Short -> Long switching strategy
1. Short position entry area of $69376.5 / Stop loss when the orange resistance line is broken
2. Switching long position at $67,105 / Stop loss when breaking out of the light blue support line
If it deviates from the green support line at the current position
Those of you who were maintaining a long position yesterday may proceed with a stop loss.
If adjustments continue to be made
I think it would be good to look at the light blue support line at the bottom -> Bottom section.
Everyone knows and is waiting for the bottom spot.
Although it is a 12+ day period, the daily chart MACD deadcross may occur depending on the situation.
Please be careful as it may not be engraved.
Once the daily MACD deadcross is resolved,
I think we will break the previous high again, but it won't be easy.
My analysis up to this point is
Please simply refer to it and use it.
Please operate safely with principled trading and stop loss required.
thank you
