bitcoin chartbitcoin trade update our target achived and price agian breakout but price after breakout sideways so if sideways price breakout than enter in buy trade or selling if sideways low breakout... additional rsi watch , if price of rsi blw 80 trade so selling active and price may be touch 98000.
BTCMINI trade ideas
Bitcoin Bybit chart analysis December 4
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Here is the Bitcoin 30-minute chart.
Today, there are three indicators announced at 10:45, 12:00, and 3:30 on Nasdaq.
In the final comment on December 3, I thought a lot about how to make today's strategy successful.
I tend to take responsibility without changing my perspective when I conduct my analysis.
After entering a short position at $96,317 with the purple finger on the left,
I linked today's analysis.
*One-way long position strategy when the red finger moves.
1. 96,317 dollars long position entry section / cut-off price when green support line is broken
2. Top section 98,148 dollars 1st target -> Gap8 2nd target
When 1st target price is reached, 1st section long position autonomous section
The orange resistance line and green support line convergence section that I have indicated
The movement within 1 and 2 is sideways.
Today's entry point is exactly the winning section, right?
If the green support line is broken,
It can be connected to the bottom right away.
The drawing was also done boldly.
The lowest 92,622 dollars
I think it will be a 12+ day section.
If it goes down today,
It seems that there is a higher possibility of additional decline rather than increase in terms of time.
If the final strategy is successful up to this point,
The movement will likely change from altcoin -> Bitcoin again.
Please use my analysis for reference only and to the extent that you can.
I hope you operate safely with the principle of trading and stop loss.
Thank you.
BTCUSD GANN VIEW FOR DECEMBER 2024 ... DEC 05 2024A six figure target which was dream for its traders is finally achieved today. ATH till now while writing is 103498. We will complete a Price Cycle at 105351 from the lows of 06 Dec 2024 of 52546. BTCUSD coin has rewarded patient traders from news of beng extinct way back when it made lows of 15479 on 21 Nov 2021. Recent Swing Low completes 3 months and Nov 2021 completes 3 years. Further growth can be seen above 105351. We may see profit booking on a six figure target achievement by positional players. Watching cautiously the figure of 105351 and price action around it.
Happy Trading !!!
BTCUSD Analysis on(27/11/2024)#BTCUSD UPDATEDE
Current price - 92300
If price stay above 89000,then next target 95000,100000 and below that 85000
Plan; if price break 91500-90500 area and above that 92000 area,we will place buy oder in btc with target of 95000 and 100000 & stop loss should be placed at 89200
Bitcoin buy given at 95200 , currently at 101500 levels on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin Bybit chart analysis December 3Hello
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This is the Bitcoin 30-minute chart.
The Nasdaq index will be released at 12 o'clock in a little while.
The current position is a place where anyone can see that there will be an adjustment at the bottom.
I really thought a lot about the sideways position.
I just need to quietly collect altcoins,
but I don't know what I'm doing.
If I don't do perfect tomorrow, I'll go into hiding, so please understand...
*When the blue finger moves,
it is a two-way neutral
short->long ->short ->long switching strategy.
1. 96,314 dollars short position entry section / Stop loss price when orange resistance line is broken or Stop loss price when Top section is touched
2. 94,690.5 dollars long position switching / Stop loss price when green support line is broken or Bottom section is touched
3. 97,171 dollars long position target price / 96,314 dollars long position returning to the bottom
Re-entry and Stop loss price autonomous section -> Good section final long position target price
What is the success rate up to this point, everyone?
The 1st section of the pink resistance line indicated above is a vertical downward section before and after the touch,
and if the breakout fails, it can be connected directly from Bottom at the bottom.
The Bottom position at the bottom is a place where the mid-term pattern can be broken by touching the center line of the daily chart alone. You will see a gray support line nearby, but even if you touch the bottom,
If you maintain the blue support line,
Bitcoin and altcoin will continue to be safe.
If the rebound fails at the bottom, the blue support line at the bottom
92,622 dollars will be the last support line.
Currently, Ripple and altcoins are in a state of fire regardless of Bitcoin.
If the blue support line is maintained without breaking away today,
You can operate altcoins comfortably,
And you can also use the long position entry timing at the same time.
I did not operate the long position entry position at the current position,
But if the 5-minute trend change is successful,
After the alt pumping,
I guess a re-entry position will come out?
If the altcoin bullish train maintains the blue support line at the bottom,
Circular pumping will continue.
Up to this point, my analysis is so poor
and the winning rate is low
so please just use it as a reference and for reference only
I hope you operate safely with the principle of trading and stop loss price.
Thank you.
BITCOIN SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD BITCOIN SHOWING A GOOD 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
BITCOIN IS IN CONSOLIDATIONLooking it is consolidating be carefull and there is being patient is important what is seen in this chart is
more important look rising triangle which is making a range and BITCOIN following exactely this triangle. we should wait for long/short until it break either side.i used here another tool is gann box you can also use this.
BTC Short setup for 04-12-2024 Looking for the short setup from two point of zone.
First zone is at 97k and second one is at 97800 levels as marked in chart.
BTC seems changing the direction for the shortterm correction till 87-85k levels.
Entries would be identified after finding the reversal setup as mentioned in the chart.
Trade with right risk and reward.
This is shared only for the educational purpose.
Bitcoin Bybit chart analysis December 2
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This is the Bitcoin 30-minute chart.
It's a very tiring day.
There's a NASDAQ index announcement at 12 o'clock in a little while.
As per the comment at the bottom of the analysis article on the 29th,
I'll proceed with a manly chase purchase.
The purple finger on the lower left is 95,410 dollars. I'll proceed with the strategy as is.
This is the real-time entry price at 10:15 PM today.
Also, since this is a strategy that was carried out recklessly without a plan,
the probability of success may drop significantly,
so please refer to it and use it or just as a real-time scout.
* When the blue finger moves,
Two-way neutral
Short-> Long switching strategy
- Since I'm chasing 95,410 dollars,
I'll cut my loss if it deviates from the purple support line from the current position.
1. 97406.5 dollars short position entry section / stop loss price when breaking through the red resistance line or touching the top section
2. 96120.5 dollars long position switching / using the purple support line and autonomous stop loss price
The final long position target price is ->Top ->Gap8.
If it falls after touching the first section at the top,
there is a possibility of a strong decline.
The movement within the 2nd and 3rd sections that I have indicated is a sideways movement,
but the 3rd section is the second touch in the 6+12 section,
so I do not recommend it.
The bottom section is the single touch of the center line of the Bollinger Band daily chart.
In fact, I considered this section important today.
This is because the main stock, Nasdaq, continues to touch this section,
and I will check the movement and the pattern of this section after today.
Although there was a strong adjustment in the morning,
Bit was falling in a place without a justification,
and the downward pattern that I think of did not appear,
and the upward trend is also strong on the Ichimoku Kinko Hyo.
The main sections are still positive, and the signals are good.
All transactions are basically trend-following.
Also, there is a possibility of an increase in Nasdaq,
and the mid-term pattern in the 6+12 section has not been broken,
so it seems to have a sufficient chance of winning,
but the difficulty of today's strategy is
After the chase purchase,
all short -> long switching must be successful without cutting losses.
The 97.4K short position switching section at the top
is a place with a justification, and if it breaks through, an additional upward trend may occur.
Also, as I explained in the afternoon,
If the high or low point in the current box is not broken,
you can operate the altcoin in the same way at the long position entry point.
Up to this point, I hope you only use my analysis for reference and use.
Personally, I hope it doesn't turn out perfect.
It takes too long to make,
and even if I work hard, I feel like I only get hated.
Thank you for waiting until late at night.
Thank you for your hard work.
Bitcoin buy on dip until 9400 not break upmove Target on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Inverted Head & Shoulders Early Entry SetupTimeframe: 15 Minutes
Analysis Type: Technical
Pattern Overview
The chart highlights a bullish Inverted Head & Shoulders (H&S) pattern, signaling a potential trend reversal. Key components include:
Left Shoulder : Formed near $94,800.
Head : Created at the low of $93,500.
Right Shoulder : Developing near $94,500-$94,800.
The neckline is at $96,000, representing significant resistance and a breakout trigger level.
Key Zones
Order Block (OB):
Bullish OB between $94,348 and $95,000, acting as a critical support zone.
Sell OB or Liquidity Zone:
Resistance near $99,000, identified as a profit-taking or liquidity grab area.
Trade Plan
Entry Condition:
Enter the trade after a confirmed breakout of the descending channel and a strong close above $96,000.
Note: Entry price may vary depending on where the breakout occurs.
Stop Loss (SL):
Place the stop-loss below the bullish order block or recent swing low. This level may vary based on where the breakout happens.
Take Profit (TP):
Target 1: $99,000 (Sell OB/Liquidity Zone).
Target 2: $103,000 (Measured Move of H&S pattern breakout).
Risk Management
Reward-to-Risk Ratio (RRR): Approximately 3:1 for TP1 and 5:1 for TP2.
Adjust position size based on the distance between your entry and stop-loss levels.
Supporting Indicators
Descending Channel Breakout: A breakout confirms bullish momentum and pattern validation.
RSI Divergence: Check for bullish divergence to strengthen the reversal signal.
Expected Path
The price may retest the order block ($94,348–$95,000) before surging towards the neckline ($96,000).
Upon breaking the neckline, expect the price to target $99,000 initially and potentially $103,000.
Disclaimer: Entry price and stop-loss levels depend on the point of breakout. Always perform your due diligence and adjust based on real-time market conditions.
Bitcoin Bybit chart analysis November 29Hello
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This is the Bitcoin 30-minute chart.
Nasdaq has no indicators and closes early at 3 a.m.
If you look at the bottom left,
the purple finger is $95,021.5.
I connected the long position strategy I entered yesterday.
I almost died trying to leave the movement path including the weekend and the main drawing on one page.
Please look for Miracle above Great.
Bitcoin is in an upward trend,
but I was thinking about whether to chase it today,
and decided to proceed safely.
*Red finger movement path
One-way long position strategy
1. $96457 long position entry section / stop loss price when green support line is broken
or stop loss price when section 1 is touched
(There is a possibility of sideways movement including weekends, and the price range is large up to section 1.
Until section 1, it is a safe section for long positions due to strong increase,
but as an analyst, I held it tighter because my pride could be hurt.
I bet on a vertical increase unconditionally.)
2. Top section 1st target -> $99415 Gap section 2nd target
Here, since I have to express the weekend movement path,
I intentionally displayed the final target price up to the Gap.
The reason is probably because of the long position re-entry at the end, right?
From the Good section breakthrough, you can see that the altcoin bullish train has left
There is a Miracle section hidden above the Great
So if it breaks through, please refer to it.
Since the 2nd section is a 1+4 section
Even if it moves sideways, if you keep this weekend trend
Bitcoin and all altcoins are safe, so please refer to it.
Those who are going to buy altcoins today
I hope you have a good shopping experience with stocks that have good trading volume and names that do not pump
I burned it white today
I organized it in a haphazard manner because I had an evening appointment
I hope it was helpful.
Up to this point
Please just refer to and use my analysis
I hope you operate safely with principle trading and loss cut prices.
Thank you for your hard work this week.
Bitcoin going to complete this head and shoulder pattern in Bitcoin at a Critical Juncture: Support or Head and Shoulders Formation?
Bitcoin is currently at a pivotal level, testing the neckline of a potential head and shoulders pattern. Here’s what traders should watch for:
Scenario 1: Bounce from the Neckline (Bullish Case)
If Bitcoin holds support at the neckline, we could see a strong rebound.
A successful bounce might lead BTC to retest resistance levels, potentially paving the way for a rally.
Key levels to watch:
Support: $96800 (neckline)
Resistance: $98100
Scenario 2: Breakdown and Completion of the Head and Shoulders Pattern (Bearish to Bullish Case)
If Bitcoin breaks below the neckline with strong volume, the head and shoulders pattern will likely play out.
This could trigger a further decline to the measured move target, offering a possible buy-the-dip opportunity at lower levels.
After completing the pattern, Bitcoin may regain momentum and resume its uptrend.
Key levels to watch:
Support : 94800
BTC on the move? ... Seems soIt seems like BTC will move this time for 100k. A small lot can be bought with a long term view. Even if it falls again there should not be a big loss.
In my opinion, keeping in view the coming election and happenings all around people will find safe heaven and opportunities...
Be humble be patient and be happy 😊
Real Success Rates of the "Rising Wedge" in TradingReal Success Rates of the Rising Wedge in Trading
Introduction
The rising wedge, also known as the "rising wedge" in English, is a chart pattern that has a remarkable success rate in trading. This analysis details its performance, reliability and complementary indicators to optimize its use.
Success Rate and Performance
-Key Statistics
Overall success rate: 81% in bull markets
Average potential profit: 38% in an existing uptrend
-Breakout Direction
Bearish: 60% of cases
Bullish: 40% of cases
Contextual Reliability
Bull market: 81% success, average gain of 38%
After a downtrend: 51% success, average decline of 9%
Important Considerations
The rising wedge is generally a bearish pattern, indicating a potential reversal.
Reliability increases with the duration of the pattern formation.
Confirmation of the breakout by other indicators, especially volume, is crucial.
Complementary Indicators
-Volume
Gradual decrease during formation
Significant increase during breakout
-Oscillators
RSI (Relative Strength Index): Identifies overbought/oversold conditions
Stochastics: Detects price/indicator divergences
-Moving Averages
Crossovers: Signal trend changes
-Dynamic Support/Resistance: Confirm the validity of the wedge
-Momentum Indicators
MACD: Identifies price/indicator divergences
Momentum: Assesses the exhaustion of the trend
-Other Elements
Fibonacci Levels: Identify potential support/resistance
Japanese Candlestick Analysis: Provides indications of reversals
Conclusion
The rising wedge is a powerful tool for traders, offering a high success rate and significant profit potential. The combined use of complementary indicators increases the reliability of the signal and improves the accuracy of trading decisions. It is essential to look for a convergence of signals from multiple sources to minimize false signals and optimize trading performance.
_______________________________________________
Here are the best times to enter a trade after a rising wedge, in a professional manner:
-The confirmed breakout
Wait for the candle to close below the support line of the wedge.
Look for a significant increase in volume during the breakout to confirm its validity.
-The retest
Look for a pullback on the broken support line, which has become resistance.
Enter when the price rebounds downward on this new resistance, confirming the downtrend.
-The post-breakout consolidation
Identify the formation of a flag or pennant after the initial breakout.
Enter when this mini-formation breaks in the direction of the main downtrend.
-The confirmed divergences
Spot bearish divergences on oscillators such as the RSI or the MACD.
Enter when price confirms divergence by breaking a nearby support.
-Timing with Japanese Candlesticks
Identify bearish formations such as the Evening Star, Bearish Harami, or Dark Cloud.
Enter as soon as the next candle confirms the bearish pattern.
-Important Considerations
Always place a stop-loss to manage risk effectively.
Be patient and wait for the setup to be confirmed before entering the trade
Check the trend on higher timeframes to ensure the consistency of the trade.
Integrate the analysis of the rising wedge with other technical indicators to improve the quality of decisions.
By following these recommendations, traders can optimize their entries on rising wedges while minimizing the risk of false signals.
Bitcoin Bybit chart analysis November 28Hello
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This is the Bitcoin 30-minute chart.
Today and tomorrow, Nasdaq is closed for Thanksgiving.
It is a day when Bitcoin gains freedom,
and since there is no Nasdaq analysis, I can leave work early.
There is a section where I can bet on the candlestick,
so I cut my loss and proceeded boldly.
The purple finger on the left, $95,021.5,
is the re-entry point of the long position I took in the morning,
and I made a strategy with the same strategy as today,
cutting my loss and
with the will to die together.
*When the blue finger moves,
Two-way neutral
Long->Short->Long switching strategy
1. Pursuit purchase at $95,502 / Stop loss when the purple support line breaks and the 3rd section is touched
2. Long position 1st target at $98,379.5 -> Gdap 99,415 2nd target
If the trend dies at $98,379.5,
It would be good to use the long position re-entry point in the middle.
(Blue finger at $97,396.5)
If it reaches the gap section right away,
Short position switching and long position waiting.
(Those who have been reading the analysis diligently can see the switching point roughly, right?)
Because it proceeded with a pursuit purchase,
It can be pushed from the current position to the 2nd section,
but the short-term pattern can be broken from the 2nd touch,
so it is better to raise it right from the current position.
Also, because the candle shape can shoot strongly up or down or deviate,
You should proceed with the loss cut boldly,
and the movement within the 1st section at the top and the 3rd section at the bottom is a sideways movement.
Until the bottom, it is a downward sideways movement.
The 4th section is a single touch of the center line of the Bollinger Band daily chart.
The lowest 89,985.5 dollars is a 12+ daily section.
Up to this point, I ask that you simply refer to and use my analysis,
and I hope that you focus on the current position,
with the principle trading and the loss cut price essential.
If the strategy is successful today,
from now or the 2nd section touch,
and as long as it does not deviate from the 3rd section,
it will be the best altcoin entry timing, right?
I raised the quality to the maximum because the participation rate was good today,
and burned my soul.
Thank you for reading.