$BTC ShortBINANCE:BTCUSDT Long closed at entry. Opened Short. There is no buyers. It looks like the sellers have taken control of the market. Dump it!by femtoxbtUpdated 8
BTC | 1H: Today Plan:Longing BINANCE:BTCUSDT from $27,400 is a risky proposition, but if you believe the price of BTC is about to go up, then it can be a great way to make profits. Aim to get the price of BTC to at least 28k by today. Pump it up! Previous day: VAH: $27564 POC: $27390 VAL : $27300 Date: 4 Oct 2023by femtoxbt6
Bitcoin (BTC) technical and fundamental analysisThe price of Bitcoin has entered the 4-hour Imbalance zone, as we warned in all our recent ideas. Consequently, the price has broken above the global descending trendline and moved out of the previous price range. This BTC rally is associated with a significant accumulation of short positions, with the total volume of shorts reaching up to 85% compared to longs. During the upward impulse, short positions totaling over $100 million were liquidated. Currently, we anticipate trading within the 4-hour Imbalance zone to fill gaps in horizontal trading volume levels. If the price fails to consolidate itself above the resistance block, it's likely go to correction of the recent upward impulse to the 0.61-0.78 Fibonacci levels. During this correction, it may also retest EMA50 and the descending trendline. However, if buyers manage to maintain their strength and continue the upward movement, we anticipate a test of the next significant resistance block around the psychological level 30,000. 📉 Global view of the Bitcoin market On the daily logarithmic chart, Bitcoin's price is testing the intersection of the 200-day and 200-week moving averages. If it consolidate above these moving averages, the next target for the upward movement could be a retest of the upward trendline above which lies the 1-week Imbalance zone. In this zone, gaps in horizontal trading volume levels need to be filled. However, to achieve this, buyers will need to overcome the significant resistance block at 30,000-32,000. It's important to note that the RSI indicators on the 4-hour and 1-day timeframes are already entering the oversold territory, indicating a potential trend reversal on the horizon. Additionally, it's worth remembering that the Bitcoin price has not yet fully played out the breakout from the bearish wedge pattern. Furthermore, there hasn't been a proper correction of the entire uptrend since the beginning of this year. These factors suggest that the market may still experience significant volatility and potential price movements in the near future. Traders should closely monitor these and be prepared for various scenarios. Levels long positions: 23,000 - level of the cost zone control point (POC) 22,000 - 0.61 Fibonacci retracement level 20,000 - 0.78 Fibonacci retracement level 17000-19000 - Imbalance zone 1H Levels for short positions: 29,000-30,000 - 0.78 Fibonacci retracement level 32 000-35000 - Imbalance zone 1W 36,000-38,000 - zone of possible retest of the trend line 40,000 - psychological resistance level The index of fear and greed is in the neutral zone - 50. The total capitalization of the cryptocurrency market increased to $1083 billion, and the Bitcoin dominance index increased to 50.53. According to the analysis of the accumulation of large blocks in order books, the supply and demand zones are located at the following levels: 🟢 Demand zone: 20000 - 26000 🔴 Offer zone: 29000 - 32000 📊 Fundamental analysis Historical data has shown that October has traditionally been a favorable month for Bitcoin price growth. Currently, there's an active hashtag campaign on social media called #Uptober, indicating optimism among cryptocurrency enthusiasts for a positive trend in October. Large investors continue to accumulate Bitcoin. According to on-chain analysis, addresses holding between 10 and 10,000 BTC are accumulating coins. This suggests that institutional investors remain bullish on Bitcoin. In the world of U.S. politics, a compromise bill was passed, preventing a government shutdown at least until November 17th. This news has provided support to all risk asset markets, including cryptocurrencies. The American stock market initially responded to this news with a slight upward impulse in the S&P500 index, but it was later overshadowed by a decline. Meanwhile, the U.S. Dollar Index (DXY) continues to rise. These factors highlight the dynamic and interconnected nature of the financial markets, with political developments, institutional interest, and seasonal patterns all playing a role in influencing market sentiment and asset prices. 🌐 Upcoming macroeconomic events The following dates are expected to bring increased volatility in both the stock and cryptocurrency markets: ➤ October 3rd at 17:00 - Job Openings and Labor Turnover Survey (JOLTS) data for August. ➤ October 12th at 15:30 - U.S. Consumer Price Index (CPI). ➤ November 1st at 21:00 - New Federal Reserve interest rate decision. by TradeINEX2
Bitcoin today's day trading setupThis is what look like in 15 min timeframe. We have a nice 4 hr trendline support and another support below. Bitcoin looks bullishLongby BitcoinProTrader3
BTC | 1H: Today Plan: Shorting BINANCE:BTCUSDT from $28,000 with 0.5Risk. I am expecting to see some spot selling to liquidate late longs, as the 28k sell wall has been filled. I am hoping this will lead to a short-term drop in the price of Bitcoin. Good luck to all traders! Previous day: VAH: $27233 POC: $27086 VAL : $26939 Date: 2 Oct 2023by femtoxbt9
BitcoinGet ready for the epic show before the upcoming halving! 👀 In the last 3-year bear cycle, #BTC revisited its low within 500 days. for the current bear season, there are only 150 days left to retest the bottom. 🤯 Don't wait to react – be prepared to take action at the right moment in the #Bitcoin Still skeptical? Check out my TradingView post from 2021 for more insights in the quoted thread.Shortby dCryptoMartian110
BTC | 1H: Today Plan:Seeking for potential long now. BINANCE:BTCUSDT is showing bullish signs and is likely to break the 27.5k wall. The US Dollar Index is weakening, so it's a great time to get in on long position. Happy long weekend! Previous day: VAH: $27013 POC: $26416 VAL : $26334 Date: 29 Sep 2023by femtoxbtUpdated 5
Bitcoin rising trend comparisonComparing the upward trend of Bitcoin, in the short term, it is more like the upward trend when the bull market started in 2020. The golden line is the trend direction, the vertical line is the cycle, and the trend line is the target level.by ZhongBenCong0011
#BTCSHORT you were not looking @Lets see how this plays #BTCSHORT Such a strong setup in play noone looking @, this is FOMO eyes missing on QSD wicks for past 4 weeks false Breakout above previous high TP1 25250 TP2 22444 SL 32790Shortby trancenaariUpdated 5513
BTC | 1H: Today Plan:Longed BINANCE:BTCUSDT from $26,400. There's a lot of liquidity above yesterday's high, so I'm expecting one more pump & dump today. Moreover, the SPX is in a strong position. Let's see how it plays out! Previous day: VAH: $26427 POC: $26246 VAL : $26145 Date: 28 Sep 2023 by femtoxbtUpdated 7
BTC | 1H: Today Plan: Looking to short BINANCE:BTCUSDT on the 1H chart. No buyers in sight. The weekly candle close looks pretty bearish and the possibility of a major drop in the last days of September is high. Let's get to it! Previous day: VAH: $26278 POC: $26126 VAL : $26036 Date: 26 Sep 2023by femtoxbt0
BTC - Buy above 26244www.tradin gview.com/x/GnIZOEVF/https://www.tradingview.com/x/GnIZOEVF/ Long BTC without any hesitation above the level prescribed. Please refer to my previous discussion on the coin.by rekhi5671
BTC | 1H: Monday Plan: For BINANCE:BTCUSDT , we are looking to go long today. We are done with the long squeeze and now the short squeeze is coming. However, the weekly candle close looks pretty ugly, so we may want to consider going short on upcoming days. LFG! Previous day: VAH: $26601 POC: $26573 VAL : $26433 Date: 25 Sep 2023by femtoxbt7
good risk reward setup Refer chart for details Change of character is done Pair : BTCUSDT TImeframe : Daily Longby karthikofficial71125
BTC- update You can vouch that 11:30 to 12:30 (IST) candle brought this coin into positive territory as mentioned in my previous discussion. Now for further development check 4:30 (IST) candle of this morning and mark high and low of this candle, that is most important factor. Please stay invested above high of this candle. Levels are being made and there is nothing to worry about. by rekhi5670
BTC USDT 4H ChartSo, This is the time to touch the support again. 25k coming soon.... Ready to Short #BTC Shortby thefinancialadvisor114
BTC- Fully Bullish 1H chart of BTC shows future levels. Please stay invested as per my various coverages on the the coin; link provided. It is only the time correction. Tonight's 11:30 to 12:30 candle will bring price in the positive territory. I am not a registered analyst, please consult your financial advisor before making any decision. by rekhi5671
BTC - Stay invested above 25889 Update on my earlier coverage on BTC. Trend drawn confirms that , if it is not broken, preparing for next swing.by rekhi5675
BTC | 1H: Today Plan:BINANCE:BTCUSDT HTF is turned to bearish now. The DXY may continue to strengthen, leading to further bearish pressure on Crypto. After the bounce we can look for a short entry near the yVAH. GL! Previous day: VAH: $26947 POC: $26568 VAL : $26361 Date: 22 Sep 2023by femtoxbt4
BTCUSDT IDEAHello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring BTCUSDT for a buying opportunity, BTCUSDT UPDATE Descending Channel Upside Breakout is Already Done in 1D Timeframe... Expecting Massive Bullish Wave📈 Moving As Expected Running In 12% Profit ✍️Longby ATradeSniper1
Stay Invested with SL of 25889 Live Market Analysis Buy in confidence. Watch candles of 2:30 afternoon IST and 8:30 to 9:00 in the Evening Session (IST). Nothing to worry. Refer to my previous coverages on Bitcoin. Link provided.by rekhi5673
BTC | 1H: Today Plan:Longed BINANCE:BTCUSDT from $27,000. There was a bear trap in the 1H chart, and I think it will hunt 27.5k. As the market has been volatile lately, it is likely that today's movement will be opposite of yesterday's. Good luck! Previous day: VAH: $27198 POC: $27093 VAL : $27000 Date: 21 Sep 2023by femtoxbtUpdated 15
$BTC #BITCOIN #BTC Nothing changes since my previous chart analysis... in fact we might see a world of pain soon..Shortby ObamaPump0