BTCUSD/BITCOIN 1H BUY PROJECTION 23.11.24Reason for Bitcoin Bullish
One big reason Bitcoin's price has gone up is because institutional demand continues to rise.. They're putting a lot of money into Bitcoin, which makes it more trustworthy. For example, MicroStrategy has bought a lot of Bitcoin and made a good profit as its value has increased. The way the market works also help
BTCETH.P trade ideas
Bitcoin Bybit chart analysis November 21Hello
It's a Bitcoinguide.
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Here is the Bitcoin 30-minute chart.
Shortly later at 10:30 and 12:00, the Nasdaq indicators will be released.
The Tether Dominance chart has been ruined due to the steep rise of Bitcoin.
There is no proper resistance line other than the orange resistance line at the current location,
and it is not easy to draw a support line or see how far it will rise.
*In the current location,
there are two movements that need to occur for Bitcoin to adjust.
After breaking through the all-time high, a double top or sweep
Slowly falling from the current location
On the contrary, Bitcoin absorption method that does not give an entry point and rises may occur.
It is difficult even though it is on the rise, right?
The strategy was carried out with the purple finger at the bottom left
20-day long position entry section 93,353 dollars long position maintenance condition
.
*When the red finger moves,
it is a one-way long position strategy.
1. 97217 long position entry section / stop loss price when the sky blue support line is broken
2. Top section 1st target -> Good, Great next target price.
The entry position seems to change before and after the touch of the purple finger 1st section indicated at the top.
You can see that 1->2 is connected,
and if there is no touch 1,
it normally becomes the long position waiting section from 97.2K.
First, it would be convenient to watch if it touches section 1.
The long position entry position can be pushed up to section 3,
but since the upward trend is strong,
the rebound can continue even if only the sky blue support line in section 3 is maintained.
If the strategy is successful while touching the top,
the returning section 1 becomes the long position re-entry operating section.
Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you will operate safely with the principle of trading and stop loss. Thank you.
BTCUSD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDBTCUSD SHOWING A GOOD D
UP MOVE WITH 1:7 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
Btc sentimental targets I mean bull run market sentiment targets,
Target mentioned this chart
#elonTrump crypto time
Note: analysis is not new, its still old.(Already analysis from November session)
Analysis coming from smc and price action both analysis in collaboration.
Happy trade and good luck.
Take idea only for reference
Be not serious¡!!!!!!!!
Tools used : smc, price actioning, and custom Fibonacci formula with 1.618 find for supply reacting of trading method.(Reference) 😁
GARTLEY Harmonic Pattern: How does it work?!GARTLEY Harmonic Pattern: How does it work?!
The "Gartley", as its name suggests, was introduced by Henry Mackinley Gartley.
All other harmonic patterns are modifications of the Gartley.
Its construction consists of 5 waves:
XA: This could be any violent movement on the chart and there are no specific requirements for this movement in order to be a Gartley start
AB: This is opposite to the XA movement and it should be about 61.8% of the XA movement.
BC: This price movement should be opposite to the AB movement and it should be 38.2% or 88.6% of the AB movement.
CD: The last price movement is opposite to BC and it should be 127.2% (extension) of CD if BC is 38.2% of BC. If BC is 88.6% of BC, then CD should be 161.8% (extension) of BC.
AD: The overall price movement between A and D should be 78.6% of XA
How to use it
Point D is where you come in, man! It's your entry signal.
-If it's an M pattern, you buy.
-If it's a W, you sell2.
Where to put your STOP LOSS??
-Below or "X" if you are a BUYER.
-Above "X" if you are a SELLER.
These percentages are based on the famous Fibonacci ratios, as mysterious as the pyramids of Egypt!
Ultimately, the Gartley pattern is like a good Cuban cigar: it requires patience and experience to be appreciated at its true value. But once you master it, it can become a powerful tool in your trading arsenal, as effective as a punch from Rocky Balboa!
Bitcoin Bybit chart analysis November 20
Hello
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.
There is no Nasdaq indicator announcement today.
I created a strategy with the Nasdaq rise, minimum sideways condition, and
Tether dominance vertical decline condition.
*One-way long position strategy when the red finger moves
1. Pursue purchase at $93,353 / Stop loss price when the green support line breaks
2. $95,367.5 Good section 1st target price -> Great 2nd target price
While analyzing, one more candle was created,
but there is no big difference and the perspective is the same, so I will go with it.
Depending on the situation today, the final
long position push section is section 1, and the stop loss price is the same,
Good section autonomous short -> Top autonomous long
operation section, so I think it would be good to use it.
Up to this point, please just refer to and use my analysis,
and I hope you operate safely with principle trading and stop loss price.
Thank you.
Bitcoin Market Cycle:Bitcoin Market Cycle:
The #Bitcoin market Cycle is here to repeat its historical pattern! Looking back at 2016-2017 and 2020-2021, we know exactly what’s coming. The next cycle starting in 2024-2025 looks promising: BINANCE:BTCUSDT
BTC Cycle: 2016-2017
🔹 Pre-Halving: Jan '16- Jun '16
🔹 Halving: July '16
🔹 Accumulation: Aug '16- Dec '16
🔹 Bull Run: Jan '17 - Dec '17
BTC Cycle: 2020-2021
🔹 Pre-Halving: Nov '19- Apr '20
🔹 Halving: May '20
🔹 Accumulation: Jun '20- Oct '20
🔹 Bull Run: Nov '20 - Nov '21
BTC Cycle: 2024-2025
🔹 Pre-Halving: Oct '23 - Mar '24
🔹 Halving: Apr '24
🔹 Accumulation: May '24- Sep '24
🔹 Bull Run: Oct '24 - Oct '25
Today Date: 20th Nov 2024
Hold Tight. altcoins are primed to pump massively. It’s going to be an exhilarating journey!
BTC - Livermore box set upLeft: BTC daily
-rsi sitting above the top trend line
-pink handle from the cup&handle is shown
-estimated around 105k for the top of the first pump up; this is a rough estimate
-price action took a pause to consolidate
Right: BTC 2H
-nice box consolidation (a la Livermore boxes)
-pop above box on a larger volume candle
-entry for the next leg up; it's a really nice entry spot bc even if it fails, the stop can be put just inside the box
-caveat: crypto comes with inc volatility, especially in shorter time frames
HOW HIGH CAN BITCOIN GO?Here is a detailed analysis based on Bitcoin's previous cycle. Analyzing the previous cycle chart on the weekly timeframe revealed an interesting report on the importance of technical analysis. We could have easily predicted the blow-off top by using Fibonacci retracement on different tops and pullbacks of the previous cycle. So, I used the same analysis this time to see what it tells about this cycle. But it is important to note that this is for first leg of the bull cycle only, which will be followed by the second leg. The first top will come at about 160K.
#BTC #CRYPTO
BTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD
UP MOVE WITH 1:8 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 Bybit chart analysis November 19November 19 Bitcoin Bybit chart analysis
Hello
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.
There is no separate Nasdaq indicator announcement.
Bit's short-term pattern is broken,
and I kept the $89,271 long position last week,
and I brought the same strategy.
*When the red finger moves,
Long position strategy
1. $91,337 long position entry section / green support line breakaway, stop loss price
2. $93,817.5 long position 1st target -> Good 2nd -> Great 3rd
If the strategy is successful, use the last 1st section long position re-entry
Purple finger at the top
This is a navigation and autonomous short operation section,
but if it comes down right away without touching this section,
it is the final long waiting in section 2. (91.3K strong when touched)
Movement within the 1st and 2nd sections at the top is a sideways market
The 3rd section is where the 4+6 pattern is restored
Please check the simultaneous touch of the real-time 4-hour support line + 6-hour center line.
If the 1st section is broken today
The bull market including Bitcoin may continue again
And if it moves sideways within the 1st section
The cyclical pumping will continue in the major and minor altcoins.
Up to this point, please use my analysis articles only for reference and use
I hope you operate safely with principle trading and loss cuts.
Thank you.