Bitcoin 3rd Target hit buy given above 82750 , buy on dip How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 21.4% then early traders can make fresh reversals trade after breaking 1st D 11.4% safe traders can reversal trade after breaking 2nd D 21.4%
Targets :
Target T1 : 28.3% ( early trade if entry at 11.4% )
Target T1 : 35.1% to 38.2%
Target T3 : 49.1% to 53.2%
T3: 61.8% to 65.1% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point D ( 0% ) .
Target is same as early 21.4% , 28.3 , 35.1 and so on
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
BTCETH.P trade ideas
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Bitcoin Following 2013-2017 Fractal - UPDATE -still on target ?
As expected, PA has dropped below the Fractal pattern but given how overBought PA was, this is not surprising and I think I mentioned this last time I posted this chart, that we may drop below.
It does bring up the idea that we may have fallen off the pattern, as there is always a time when PA stops following Fractals..But we have to wait and see
We can see how in August 2023, PA fell below this fractal line..and indeed, to many extents, we were close to a bear entry there. as shown by some on chain data......But PA recovered
We can see how in 2023, PA Accelerated very quickly from this point on the Fractal.
Current PA is NOT in a position to do this.
Weekly MACD is Over Bought and is currently Falling Bearish, cooling off. At current rate of descent, is will be MAY when PA has enough strength on a Weekly chart to try and catch up with the Fractal once again.
You can see that rising Long Term line of support ( Dashed line )
We bounced off it Twice in this cycle...
Once when we began recovery in Jan 2023 and again, When we nearly entered that Bear when we fell under the Fractal in August 2023
A Vertical Drop by PA from current position takes us to 58K usdt on that line
I think I prefer to think we could see 65K off that line if we retrace enough in April.
But I have just posted about the expected MARCH candle Close and how we seem to be more likely to see a RED March and a Green April
So, are we still on track to follow Fractal ?
Impossible to say but if the Monthly candle close chart turns out to be accurate, then we could catch up and overtake the Fractal in Q3
We need to watch this closely...
p.s. A Red Mach candle Close need not be a big drop from current price, a decrease of only 0.01 usdt would create a RED candle....
Bitcoin Monthly Candle Close Colours from 2011 - maybe RED March
The Odds were higher to get a GREEN February Close but we ended up closing RED
Of the previous 3 RED February closes, Everyone was followed by a RED MARCH
Those same previous RED February Candles were all preceded by a GREEN JAN
We have just had a GREEN January and a RED February and so, Odds are that March will also be RED.
But as we saw in the JANUARY post of this chart, the odds were for a GREEN Feb this year....so do not take this as a certainty. For March to close RED, we do not need to see a massive drop. Just 0.01 USDT below this Feb Close is enough
Also on a BEARISH side, the candles colours since October 2024 follow the sequence from pre 2013 ATH to just after, entering a bear
From Oct 2013 till Feb, Green Green Red Green Red- followed by March and April RED also.
From Oct 2024 till Feb, Green Green Red Green Red
On the BULLISH side, and this has a higher % chance of repeating, Of those 3 previous occasions were we had Green Jan then a Red Feb and a Red March, Two of those Three were entering a Bull run. 2012 and 2020
It should be Noted that those years were the years BEFORE Cycle TOP - We are currently IN the year of expected cycle TOP
Currently March is 6 Green - 7 Red monthly closes.
March is Currently GREEN at time of writing ( 1st March )
Of the previous 7 RED March, 5 were followed by a Green April
Of the 6 Green closes, 3 were followed by a Green April
Of those 6 Green March closes, only 2 really led on to further multi month gains.
In conclusion,
We are statistically more likely to get a RED March and that would put us in a better position to continue to reach a cycle ATH later in the year as the weekly MACD is still falling Bearish from High.
This will have cooled off PA and allowed it to range, possibly in a Wyckoff distribution model
A Red March also Gives us a better buying opportunity and MAYBE, MAYBE some time for ALTS to recover some o their losses......Maybe......
But it really should be remembered that we could also be entering a bear. More info is needed before this is seen clearly but caution is certainly something I will continue to talk about.
Stay safe and remain Cautious
BTCUSD ANALYSIS @ 85000 - 02-Mar-2025BTCUSD ANALYSIS @ 85000 - 02-Mar-2025
BTC has done minimum downside target at 87300/81000
Further extension can be 73500. But, as per my view, the bottom would be already in.
Most like, there can be triangle action for couple of months, before next bull move towards 120K.
Base supports: 68500/55555.
Next Upside targets: Long Term Targets:
109K, 121-131-146K
168K
187-196-212K.
Patience vs. Speed: What Makes a Successful Trader?Hello Traders!
Today, let's dive into the age-old debate of Patience vs. Speed in trading. Both traits are critical to success, but knowing when to exercise each is what separates great traders from the rest. Let’s explore how balancing patience and speed can elevate your trading game.
Patience: The Key to Long-Term Success
Patience is a cornerstone of successful trading. It involves waiting for the perfect setup, sticking to your trading plan, and not being swayed by short-term market movements. Here’s how patience can benefit you as a trader:
Better Entry Points : Waiting for the right setup, such as the perfect breakout or the ideal pullback, helps you enter trades with a higher probability of success.
Avoid Emotional Decisions : With patience , you are less likely to make impulsive trades out of fear or greed.
Long-Term Gains : Traders with patience know that trading is a marathon, not a sprint. They focus on long-term growth, rather than trying to catch every small price move.
Speed: The Edge in Fast-Moving Markets
On the other hand, speed is crucial for traders who operate in fast-paced environments. Whether it's scalping , day trading , or reacting to breaking news, speed can help you capitalize on fleeting opportunities. Here's why speed matters:
Quick Action on Signals : Speed allows you to quickly act on technical signals or breaking news. By executing trades faster than others, you can capitalize on short-term volatility.
Maximizing Profits in Short-Term Moves : Speedy traders can take advantage of small price movements to secure profits before the market moves against them.
Faster Adaptation : Speed enables traders to adjust their strategy quickly in response to new market conditions.
Striking the Balance: Patience and Speed
The best traders understand that both patience and speed have their place in their strategy. Here’s how to strike the right balance:
Patience for Setup : Take your time to wait for the best possible entry point. Don’t rush into trades without confirming the setup.
Speed for Execution : Once the trade setup is confirmed, don’t hesitate. Execute the trade quickly to lock in the opportunity.
Know When to Act : Some trades require quick action, while others need more patience to develop. The key is knowing when to exercise each quality.
Conclusion: Mastering Patience and Speed
Successful trading is not about choosing one over the other, but about knowing how to balance patience for finding the right opportunities with the speed to act on them when the time comes. With the right balance, you can become a more efficient and profitable trader.
What do you think? Do you prefer patience or speed in your trades?
Let’s discuss in the comments below!
GREAT BUYING OPPORTUNITY IN BITCOIN. BREAKDOWN OF THE SETUPGREAT BUYING OPPORTUNITY IN BITCOIN. BREAKDOWN OF THE SETUP
In daily time frame btc has taken support from the important level of 61.8 fibonacci level. And it has taken support of 200dma also.
In 15 minutes time frame BTW Has formed head and shoulder pattern also which is showing the target of 91000. So this is a good buying opportunity in bitcoin
Bitcoin sell given at 95500 huge downside Target hit now buy 80kHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 21.4% then early traders can make fresh reversals trade after breaking 1st D 11.4% safe traders can reversal trade after breaking 2nd D 21.4%
Targets :
Target T1 : 28.3% ( early trade if entry at 11.4% )
Target T1 : 35.1% to 38.2%
Target T3 : 49.1% to 53.2%
T3: 61.8% to 65.1% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point D ( 0% ) .
Target is same as early 21.4% , 28.3 , 35.1 and so on
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Will BTCUSD Rise from the Support Zone?When the BTCUSD weekly chart is examined; It is observed that the price movements continue above the support zone with a cup formation. As long as the crypto's 67000 level is not broken down, it is evaluated that the price movements above the 74000 level can exceed the 109590 level and target the 130750 level.
Bitcoin Bybit chart analysis February 27 Hello
It's a Bitcoinguide.
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This is Bitcoin's 30-minute chart.
Nasdaq indicators will be announced at 10:30 in a little while.
It is rebounding after breaking away from the previous low yesterday,
but today's main point of view is the Bollinger Band 4-hour chart's center line touch section.
Both Nasdaq and Bitcoin are in similar positions.
I created today's strategy centered on this part.
The purple finger at $82,610 on the lower left
is the 3rd place in the long position entry section on February 26.
* When the blue finger moves,
it is a short->long switching strategy centered on long positions.
1. $88,577.5 short position entry point / stop loss price when orange resistance line is broken
2. $85,093.5 long position switching / stop loss price when green support line is broken
3. $92,090.5 long position 1st target -> Good 2nd target
If it reaches the Good section, the final short position switching
(Approximately the center line of the 12-hour Bollinger Band chart.)
If it falls immediately from the current position,
The 1st section at the bottom, $85,724.5, becomes the long position entry point.
(Same stop loss price when green support line is broken)
Since there is pressure from the 4-hour MACD dead cross in the Tether Dominance that moves in the opposite direction of the beat,
If it succeeds in rebounding in section 1,
There is also a possibility that it will strongly break through the center line of the 4-hour Bollinger Band chart. (Bitcoin is in the process of a 4-hour chart MACD golden cross)
In real time, Nasdaq is touching the center line of the 4-hour chart first.
The proper order has finally been created.
Even if Bitcoin doesn't rest on the weekend,
the order of Nasdaq -> Bitcoin is correct in terms of the pattern.
With the forced coupling with Nasdaq,
today's analysis is particularly difficult from the drawing to the entry point haha
The 2nd section at the bottom is the final long position entry point for today,
and if it reaches this section,
there is a low probability of a sweep in Tether dominance. (Bit case skyrockets)
Bottom is a double bottom -> There is a possibility of additional adjustment in the 3rd section,
so please note, and this week, if possible, it would have been good if the previous low was not broken,
but it ended up breaking and is going through a difficult time.
Up to this point, please use my analysis as a reference and only as a level of use,
and I hope you operate safely with principle trading and stop loss prices.
Thank you.
BTCUSD Analysis on(28/02/2025)BTCUSD UPDATEDE
Current price - 79000
If price stay above 72500,then next target 89000,99000,103000 and below that 69350
Plan; if price break 79000-77000 area and above that 78000 area,we will place buy oder in BTCUSD with target of 89000 and 99000 & stop loss should be placed at 72500
Tax-Efficient Investment Strategies# Tax-Efficient Investment Strategies
Maximizing returns isn't just about picking the right assets—it’s also about minimizing tax liabilities through smart investment choices. A tax-efficient strategy helps investors retain more of their gains while complying with tax laws.
## 1️⃣ Choosing Tax-Efficient Investment Vehicles
✅ Equity Mutual Funds & ELSS: Investments in Equity-Linked Savings Schemes (ELSS) offer tax deductions under Section 80C** (up to ₹1.5 lakh).
✅ Index Funds & ETFs: Lower turnover results in **fewer taxable events**, reducing capital gains tax.
✅ ULIPs & PPF: Tax-free maturity benefits make them ideal for long-term wealth building.
## 2️⃣ Managing Capital Gains Tax
✅ **Long-Term vs. Short-Term Gains:**
🔹 **LTCG (>1 year on equities)**: Taxed at **10% above ₹1 lakh**.
🔹 **STCG (<1 year on equities)**: Taxed at **15%**.
✅ **Tax Harvesting:** Book profits within the **₹1 lakh LTCG exemption limit** annually to reset acquisition costs.
## **3️⃣ Maximizing Tax Deductions & Exemptions**
✅ **Invest in NPS:** Get an additional **₹50,000 deduction under Section 80CCD(1B)**.
✅ **Tax-Free Bonds:** Earn fixed-income returns with **zero tax on interest**.
✅ **Dividend Strategy:** Choose **growth options over dividend payouts** to avoid **dividend tax at slab rates**.
## **4️⃣ Strategic Asset Allocation for Tax Efficiency**
✅ **Debt vs. Equity:** Holding period impacts tax—debt funds need **3+ years for indexation benefits**.
✅ **Hybrid Funds:** Balanced advantage funds offer **lower tax rates than direct debt funds**.
### **Conclusion**
Smart tax planning enhances net returns. Using **tax-efficient funds, harvesting strategies, and exemptions**, investors can **optimize wealth accumulation** while staying compliant with tax laws.
MACD tradingMACD Part 2 focuses on MACD Histogram and Divergence. The histogram shows the difference between the MACD line and Signal line, helping spot momentum shifts. Bullish divergence occurs when the price makes lower lows, but MACD rises, signaling a potential reversal. Bearish divergence happens when price makes higher highs, but MACD falls, indicating weakness. Using MACD with trend confirmation and support-resistance levels improves accuracy.
Bitcoin Bybit chart analysis February 25Hello
It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
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Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
The Nasdaq indicator will be released at 12 midnight tonight.
In the case of Bitcoin, it is coupled with Nasdaq and is falling without asking.
Since there is no short position entry point yet,
I proceeded a little safely until today because there was a risk factor.
*Long position strategy when the blue finger moves
1. Purple finger at the top 90394.5 dollars
Autonomous short operation section / Stop loss price when orange resistance line is broken
2. 87759.5 dollars Long position entry section / Stop loss price when green support line is broken
3. 92340 dollars Long position 1st target -> Top, Gap in order of target price.
Since it can rise strongly from dawn,
I did not operate a separate short position.
(In the case of Tether Dominance, since it is difficult to sweep from the current position, if it is not a direct crash, the rising pattern is maintained, so the part that is gradually broken is included in the strategy.)
There is an additional autonomous long entry position in the first section at the top.
The purple finger touch -> 87.7K from the current position is the safest,
and if it goes down right away, it is a long wait in the second section.
If you look closely at the green support line,
you will see a bright sky blue support line.
I used the falling wedge section as a long position.
(Daily support + weekly central pattern and candle tail)
Among the patterns I have been waiting for,
Because it is the first touch of the central line of the Bollinger Band weekly chart,
I will find the next support line and operate it from today's departure from the second section until this week.
Up to this point, my analysis article is simply asking for your help.
I will see you tomorrow depending on the participation rate today.
I hope you operate safely with the principle of trading and cut-off price.
Thank you.
BTCUSD Analysis on(27/02/2025)BTCUSD UPDATEDE
Current price - 86000
If price stay above 80500,then next target 93000,99000,103000 and below that 72900
Plan; if price break 86000-84000 area and above that 86000 area,we will place buy oder in BTCUSD with target of 93000 and 99000 & stop loss should be placed at 72900
Bitcoin PA to Fill CME Gap UPDATE - Extraordinary GamesLet me explain - A CME gap, or Bitcoin CME gap, is the difference between the trading price of Bitcoin futures contracts when the market closes on Friday and reopens on Sunday. This gap occurs because the Chicago Mercantile Exchange (CME) is closed over the weekend while Bitcoin's spot market remains open, leading to price movements that are not reflected in the futures market until it reopens.
CME is old School Traditional Finance that uses Bitcoin. In fact, CME Group first started Bitcoin futures trading on December 18, 2017.
This was Way back when TradFi was putting Bitcoin down as a "Ponzi Scheme" and not many people had even heard of it.
And through its history, the CME Bitcoin Futures has often created Gaps for the reasons above. And these Gas ALWAYS Get filled. At Times, Rapidly as PA seems to bizarrely retreat to the Gap, Fill it and bounce back rapidly.
This can all be seen VERY clearly on the BTC1! ticker in TradingView. Go back through its history, you will see what I mean.
The Current Gap is, however, being fought over Very Hard by Bulls and Bears.
The CME Gap chart above shows you How Bulls have pulled the PA Back up just above the Gap.
Teasing the CME Bears
In my mind, I can see the Two Teams, New Age Finance wearing BITCOIN T-Shirts and the TradFi crew, wearing the "CME Gaps always get filled because we are Kings" T Shirts
The Daily chart shows us how the 200 day SMA acted as support just above the Gap
And the Weekly chart shows us how that 50 SMA ( red) just just out of reach on the other side of the Gap.
If we look at the Range from March - Sep 2024, we can see similar patterns.
The 2 rounded Tops , the slide down to a low.
We are currently seeing a bounce back, off the TOP of the CME Gap....PA can smell that gap, the Gap can smell BTC PA, just cannot touch it
This bounce may or may not reach the mid 90K before turning down again but it will turn down again, I am sure of that. PA is not ready to reach for New ATH
But See that Long wick down in summer 2024 ? This is what may happen to fill the Gap.
Ultimate though, We are waiting for the Weekly MACD to reach Neutral. THIS is what gives PA strength to reach higher, to a new ATH.
The CME would like that Gap filled BEFORE PA pushes up and out of Range
Because of this sharp drop in price recently, and if it continues, MACD could reach neutral by End of April ! and not June as previously
But to sustain this angle of decrease, PA would have to go as low as 55K, reaching the Long Term rising support ( Dotted line of the weekly chart. This is also where the 100 SMA ( Blue) Sits
I do not think that will happen but if PA Drops below 70K, I will begin to reevaluate my positions.
So, I expect Pa to bounce around for a while, as in the previous Range in 2024
For now, we see the Bulls and Bears Teasing each other over this CME Gap.
Who will win this battle. Will the BTC Bulls submit and allow the gap to be filled ?
I hope so, I have a buy order at 78200 ;-)
It maybe one of the last chances to buy BTC that cheap
Exciting days ahead
COME ON BTC BULLS>...
Bitcoin : Easy to follow hype, Hard to hodl through dropsThe recent price action shows a sharp spike followed by a pullback, with a notable gap between approximately 81XXX and 84XXX. This gap suggests a rapid move that wasn’t fully filled, which could act as support in current correction phase.
The overall trajectory from 2023 to early 2025 shows that Bitcoin is in a strong bull market, potentially driven by macroeconomic factors (e.g., inflation concerns, institutional adoption, Trump Government) or halving cycles (the last one was in 2024). The break above 100K validate this sentiment.
Potential Scenarios:
Continuation: If the pullback holds above the 81XXX–85XXX (Daily or weekly TF) gap or around 73XXX-74XXX support(A test to last breakout zone ,considering worst case scenario), Bitcoin could retest 110,000 and push toward 120,000–150,000 in the mid-to-long term (2025–2026), assuming bullish momentum persists.
I lean toward a optimistic view/Bullish View when everyone is fear right now, expecting a low very soon within current to next week (Early March) which can provide buying opportunities (As marked on chart) and considering my target around 120K to 150K for long term.
BTC Monthly CandlesBTC 1M
Here is an update on the monthly chart of btc where i specify the Dec2024 monthly doji candle as a bearish sign. Although the Jan2025 candle is bullish and produce a new ATH, it still fails to breakout from the trendline resistance where all ATHs' are connected. Getting our starting reference point from 2017ath, we can see from here the market cycle of 3:1 bear:bull ratio. Also noted that an ATL is established 1 year after making an ATH;
•2017ath to 2018atl
•2021ath to 2022atl
Since price tap on our trendline resistance, big question is, will this be this cycle's top? February candle is currently printing a -17% with 2 days to go before closing. Trump tariff impacted the market heavily. "Twice". There is also the $1.4B ByBit hack.
Anyways, key support level lies at 72~73k level around the wave3&B Leg. This is ideal to be hit to fully fill the gap on this monthly candles. I think the 70k is a protected zone because this is also the range of 2021ath.