BTC/USD 1H TF Analysis The BITSTAMP:BTCUSD created imbalances while declining in the 1-hour time frame.
Currently, it is resting or possibly finding support at the 100 EMA.
If the candle closes below the 100 EMA and breaks the low of the previous candle, the price may find support at 103K, and it could then move up or down based on the price action that develops.
HOPE THIS WOULD EASE UR ANALYSIS!
BTCETH.P trade ideas
BTCUSD BITCOIN WEEKLY GANN ANALYSIS UPDATE 25 JAN 2025BTCUSD has broken out in 04 Nov 2024 week and therafter achieved a 6 figure high at 16 Dec 2024. We have seen consolidation between 92957 and 105351 for weeks together. Last week we made a new ATH at 109356. Gann has used many system to track the price vibrations. We can see both the highs on time coordinates on chart. Next important weeks for BTCUSD on charts are 17 Feb 2025 and 03 Mar 2025. Price staying above 105351 is positive and can be considered a new price cycle start.Note that we are yet to close above this after two ATH's. I will be watching where it goes till April 14 2025 which is the time to be vigilant in short term cycle.Above 105351 next major price hurdle is 115678. Bears can be active below 99154 so caution below this level.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
BITCOIN/USD TAKEN SUPPORTBitcoin gradually making higher lows but once it got fail from its previous top that is shown as double top so be carefull near double top and wait for breakout if planning to long.keep in mind this is not my buy/sell call and all the red lines are resistance and green are supports on the basis of gann fan.
BTCUSD updated viewA resistance zone was created on BTCUSD at the 99113 - 99944 level.
Also at the same level from top to bottom one resistance trend line shows strong resistance in that area. while looking at the HNS pattern in RSI on a closing basis and both the resistance zone and trendline we need a strong closing above the zone with the trendline breaking, then we can see the bigger target in BTCUSD.
otherwise, BTCUSD will take the resistance from the trendline and zone and can see the support level again.
I already shared what-if support level breaks.
Bitcoin Bybit chart analysis january 20
Hello
It's a Bitcoinguide.
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This is the Bitcoin 30-minute chart.
Today, Nasdaq is closed and there is a high possibility of sideways movement.
In the case of Bitcoin, the report is being updated,
and the movement is coming out as expected before.
The most important part is whether the weekly chart MACD dead cross is in progress.
If the Bollinger band weekly chart resistance line is touched,
the dead cross is ignored and can continue to rise,
but if it is not touched,
the dead cross must be imprinted while moving sideways,
so the sideways movement period may be long in the mid-term.
Today, based on trend following
* One-way long position strategy when the red finger moves
1. $ 107,086.5 long position entry section / stop loss price when the green support line is broken
2. $ 113,417 long position 1st target -> Good 2nd target
The Good section at the top is the weekly chart Bollinger band resistance line. From this section touch, you can operate a short position autonomously,
and from the update of the report, it can shake up and down greatly,
so you must proceed with the stop loss price unconditionally.
From the green support line -> Bottom, a long bullish candle is in progress,
and since it is a full candle,
even if it moves sideways,
it should not go down to the bottom and
should be supported.
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 price.
Thank you.
Bitcoin broke its lower trendline a few hours back Bitcoin broke its lower trendline a few hours back and now the same trendline is acting as resistance. This reversal suggests bearish momentum in the short term. Adding to this Bitcoin has formed an indecisive candle near its top which is a classic sign of market uncertainty and potential bearishness.
For Bitcoin to convincingly break its all-time high it might need a pullback to consolidate and build momentum. Tomorrow with Trump’s expected comments fueling market speculation, the Trump euphoria could decide the immediate future. While a bullish statement is likely.
BTC#3: Will Bitcoin continue to increase? What to do when you mi🔥 🔥🔥 Plan BTC#2 Has gone as planned. Currently, the BTC price has surpassed the Key lever 1026xx. And is approaching the old peak. I will continue to plan to help everyone have a panoramic view to make trading decisions for themselves. 🔥 🔥🔥
1️⃣ **Fundamental analysis:**
📊 Information about Donald Trump's inauguration has contributed to promoting optimism for the electronic market.
🔴 In addition, the possibility of Trump announcing a strategic Bitcoin reserve will further boost the demand for BTC in the near future when other major countries will also launch corresponding strategies.
2️⃣ **Technical analysis:**
🔹 **Frame D**: You can see that BTC is still increasing very strongly. We still don't see any signs that the price line wants to adjust, which shows the very positive sentiment of the current market.
🔹 **H4 frame**: The bearish price structure has been broken as I analyzed in the previous article #2. Currently, the price has not had any correction. However, the price is also very close to the resistance zone above
🔹 **H1 frame**: There is not much difference compared to H4, it can be seen that although there are slight corrections, the price line is still showing that the bulls are still absolutely dominant
3️⃣ **Trading plan:**
⛔ Absolutely do not hold losses at this time. The price line increasing without signs of adjustment will further torture the trading psychology of traders trading against the trend. In addition, the price increases continuously without stopping will form a FOMO mentality for those who have missed the opportunity. However, if we set up a buy position here, it will be difficult for us to achieve the desired profit when the R:R ratio is too risky
✅ The current price zone is no longer suitable for setting up a position. My advice for you is to patiently wait for the next correction when the price returns to important support zones.
🚀 At the present time, if anyone has a good position in the 955xx area, we can completely wait for even greater profits.
💪 **Wish you successful trading!**
BTCUSD is at support level of previous monthly lowBTCUSD is currently at support level which is at 91232.
if it breaks below on a closing basis then their a high chance of seeing the targets of 87287, and 85037, and if 85037 breaks on a closing basis then very soon 80510.
If the previous month's support is taken by BTCUSD then we will see a rally towards at 100000 and 103000.
*This view is for educational purposes only.
Bitcoin push-Could it be "Buy the New, Sell the Event" ? Maybe..Using the fractel chart again as it is the most Bullish chart I have and yet, in the back of my head, in all the Euphoria of the latest crypto rush, I am feeling a warning bell in my head.
I do like to consider Both Bullish and Bearish AT ALL TIMES - that way, I am ready for all events, nearly.
Anyway, I have been going on about a pull back for ages and if we are following this Fractel from 2013-2017 ATH, then we are due one. And we aRE LATE for it.
But, apart from the Bitcoin Weekly MACD which maybe turning Bearish, PA has strength to continue pushing higher
The Fractal has a -30% pull back in it, a sharp fall that was bought back up., which we are already late for.
Now, I also have been talking about a date that is coming up in a number of charts as a date of interest. that date is 23rd January. Given a tolerence of error, that could point towards 20th - the day Trump gets appointed President.
As the media will have us understand, He is a Crypto friendly Man But who is to say that will avoid the "Buy the News, Sell the Event" type moment.
The most bullish Crypto coins have suffered sharp pull backs after "events", including BTC in the past.
So, Maybe just have this in mind and have a plan in place.
There is NO guarantee that if BTC pulls back, that ALTS will run.
I doubt I will get many Boosts on this...
But, It is a possible outcome and you are well advised to have precautions...because, at some point, BTC will begin to pull back
Get that plan ready now, it may happen on Monday
Bitcoin Bybit chart analysis january 16Hello
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This is the Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 10:30 in a little while.
In the 3-hour chart, where there is MACD dead cross pressure,
Nasdaq has a possibility of a vertical rise in real time,
and Tether Dominance has a possibility of a vertical fall from the current position.
As you can see from this week,
it just opened its mouth and went up to about $11,000, right?
Looking at the candle shape and cost-effectiveness,
I could miss the entry point, so I set a short stop loss and operated aggressively.
*Red finger movement path
One-way long position strategy
1. Pursuit purchase at $98,982 / When the purple support line is completely broken
Or when the 2nd section is touched, stop loss price
2. Top section 101,883.5 dollars 1st target -> Good 2nd target price
Since it is touching the expected support line first today, I am going to see the outcome.
The purple finger 99.7K at the top is the best short position entry point for today.
Since the 2nd section is the center line touching section of the 2-hour Bollinger Band chart
The short-term pattern can be broken,
It is best to raise it from the purple support line if possible
From the perspective of a long position.
The convergence section of the 1st and 2nd sections is a sideways market
The 3rd section is the 1+4 major support line.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you operate safely with the principle of trading and cut-off price.
Thank you.
BITCOIN BREAKING RANGEafter negating to break base now Bitcoin is trying to come out from raange of triangle but just above there is resistance whenever this will sustain above resistance and break previous high then there may be chance to go for its all time high.but now we should wait for signal to be long this is not my buy/sell call.Its my view only.
Bitcoin Bybit chart analysis january 14Hello
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.
The Nasdaq indicator will be announced at 10:30 shortly.
The purple finger at the bottom left, $91,217,
maintained the position after entering the long position yesterday,
and connected today's strategy.
Also, Bitcoin is currently
in the process of a 12-hour + daily chart MACD golden cross,
but
it is watching the Nasdaq while the candle is overlapping the 12-hour Bollinger Band and the center line of the daily chart.
*One-way long position strategy when the red finger moves
1. $95,811.5 long position entry section / When the purple support line is broken or
When the bottom section is touched, the stop loss price
2. $99,966.5 long position 1st target -> Good -> Great in that order
I marked the 1st section with the purple finger at the top. Because I calculated that there will be an adjustment in Nasdaq,
If Bit touches section 1 first,
The probability of success of today's strategy increases.
Cut the loss in section 1 and operate an autonomous short position.
If the strategy is successful, you can use it as a long position re-entry section after tomorrow.
The orange resistance line at the top and the bottom sky blue support line convergence section are sideways sections.
Also, the current position is in the Bollinger Band 12-hour chart, and the daily chart's center line
The candle is breaking through.
Since it is the second touch, not the first,
I expected an upward trend,
and the reason I set the target price at Top is
It is difficult for one candle to touch the center line -> resistance line at once on the daily chart.
Lastly,
in the case of the current Bitcoin and Tether Dominance,
since the 5-minute chart support line or resistance line was not touched,
I bet on a vertical rise as the Tether Dominance vertically declined
and the Bitcoin 12-hour + daily chart MACD golden cross was imprinted.
The Nasdaq movement will be important today as well.
Up to this point, I ask that you simply use my analysis for reference and use,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
Bitcoin 1D Commentary and Bull Run Technical Analysis - Bitcoin is currently trading at 99,779$
- Bitcoin kept behaving choppy and the Price Behaviour was very sluggish in January
- We saw BTC printing a candle 4000$, which helped BTC cross 100,000$ after a long time.
- Coming back to the current Price Action of BTC we are currently trading at a crucial zone and if we flip a weekly candle close above 102,686$ then the Market structure will change to Bullish
- However, if we do not close above 102,000$ then we can see BTC revisiting 85,000-90,000$
- Trump's inaugural is due next week and will bring in a lot of volatility.
- I am leaning more on the Bullish side, however, if we don't see supporting Macros then we might have a rough time chopping out and getting distributed the whole month.