Bitcoin ready for Breakout surge ?Round Bottom Breakout Setup
RSI above 70 and rising
Trading above EMA50
29 months of consolidation
Disc: for study, not a recommendation
BITCOIN trade ideas
bitcoin to 70k atleastfollowing the diametric pattern BTC is on the way to complete its last leg G which might go on for a while, and it can easily end up going 70k in near future at least, it dosent mean it will shoot upto 70 in coming days, but in a few months its a realistic target
BTC CUPnHANDLE (CnH) Correction before breaking out to new HIGHsSince 15555 we are seeing this formation and then a breakout now we have the BIGGest CUP_ ever which do deserve a BIG handle.
Market Makers I believe you will love to see that formation of the bigger charts.
We have a strong down side QS setup to follow QS downside targets 15555 ( too ambitious !!), just talking in a TA language, anything is possible.
But for now I will be more interested in finding out how deep of a handle are we getting for such a HUGE CUP
My targets are based on FIB 43210-45678 ZONE
We can still enter this trade after the confirmation and follow 620->420 Loop
which will be 62222->52222->48888->44444
This is what I see here
You guys have a closer look too, I have prepared a chart for you.
Cheers
Trader's Trance ON
BITCOIN (READY TO HIT ALL TIME HIGH)(04-03-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (04-03-2024)
Current price- 65000
"if Price stay below 70,000 then next target is 60,000 and 54,000 and above that 76,000.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of principal to follow any position.
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BTC Technical Analysis!!!Analyzing the BTC charts and expecting a breakout once the price crosses the $69275 resistance zone!
BTC Technical AnalysisAnalyzing the BTC charts and expecting a breakout once the price crosses the $69275 resistance zone!
BTC BuyOnce uppper range breaks Market will shoot up, as the market was in consolidation expect the breakout at news time.
BITCOIN BREACHING BEYOND BUDGETit has been forming a rounding bottom pattern and is on an uprecedented rally since october 23 moreover it has been a great investment as 98% of the investors are profitable however it does not have any intrisic value makes it more risky than any other asset furhtermore it can zoom till 100000 dollars if given a breakout
BTC forming bearish divergence btc staying at over bought zone, high funding rates and bearish divergence causes correction chances till 5ok or 46k. now correction is immanent.
Bitcoin(BTC) TAAnalyzing the BTC charts and expecting a breakout once the price crosses $69275 resistance zone!
BTCUSD - starting a 3rd wave rallyBtc is possibly breaking out of a flag pattern. Elliot Wave wise equality level is around 37000. The risk reward for a long view is favourable.
Bitcoin Upcomming Price Targets The Demand Of Bitcoin Remains Most Bullish On Investment in Wallstreet , The More Economy Crisis The More It Will Pump ✅ BITSTAMP:BTCUSD
BTC next Target 1LBTC touched our last Target 69k. It made a high as of the time of writing this is 68900. Now it is clear we are touching 1Ldollars. Buy signal generated. Enjoy
Bitcoin 66k Target hit given on 28 feb next 83k buy givenat 40kOn 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
#BTC IS NEAR TO ALL TIME HIGH DOES IT SUSTAINAs my analysis i shared a long side position in #btc and hence, it moves massively and now come to near all time high does it sustain and make new highs else it will come down my view is if it will break all time high then it moves toward $100k.
"Bearish Breakdown: BTCUSD Plunges with Massive Red Candle" In this scenario, the BTCUSD pair experiences a significant downward movement below a critical support level, triggering a bearish breakdown. Traders witness a sudden and drastic drop in the price of Bitcoin against the US dollar, accompanied by a large red candle on the price chart. The selling pressure overwhelms the market, causing panic among investors and further fueling the downward momentum. This event signals a potential shift in market sentiment, with traders anticipating further declines in the value of Bitcoin. The occurrence of such a big red candle below the breakdown level highlights the severity of the sell-off and the increased volatility in the cryptocurrency market. Traders must closely monitor the price action and consider implementing risk management strategies to navigate the uncertain market conditions effectively.
@TradingView
Bitcoin yet again Famous and favourite pattern is yet again ready to work on some big numbers add bitcoin to list of things to the moon $74500 visible. Let’s see
Bitcoin touching 70000 and 80000 in coming monthsThe BTC/USD pair has been consolidating within a symmetrical triangle pattern for the past few weeks. Recent price action suggests a potential bullish breakout. Here are the key points:
Symmetrical Triangle Formation:
The price has been forming higher lows and lower highs, creating a symmetrical triangle.
This pattern typically indicates an impending breakout, either to the upside or downside.
Bullish Signals:
The 50-day moving average (MA) has crossed above the 200-day MA, signaling a bullish trend reversal.
Volume has been gradually increasing during the consolidation phase, suggesting accumulation.
Potential Trade Setup:
Entry Point: Buy on a daily close above the upper trendline of the symmetrical triangle (around $65,000).
Stop Loss: Set a stop loss below the lower trendline (around $60,000).
Take Profit: Target the previous swing high near $70,000.
Risk Management:
Ensure proper risk management by adjusting position size based on your risk tolerance.
Monitor price action closely and be prepared to exit if the breakout fails.
Remember to conduct your own analysis and consider other technical indicators before executing any trades. Happy trading! 🚀📈
BTCUSD: Range Scalping
BTCUSD is trading in a range from 61700 to 62200, now it is trying to break the range which can be a liquidity grab scenario
62228 to 62250 seems to be heavy resistance area, so mostly I will be going with sell on rise
Note: This is just for analysis purpose, please do your own research before punching any orders.
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BITCOIN READY TO FLY ?The #BITCOIN party is just getting started
Bollinger bands are still tight - massive expansion ahead.
This bull run is in the early innings.
HODL on, the best is yet to come!
NFA
bullish on btcusd only for intradayas per drawn on charts we will initiates bullish trade on conformation .
always remember that trade taken before conformation has no difference with the skillset of a novice trader
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@johntradingwick
