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BTCUPUSDT trade ideas

Bitcoin -->Continues to GrowBINANCE:BTCUSDT reached $91,433, up $899 (0.99%) from the previous session. During the trading session, the highest price recorded was $92,654 and the lowest was $89,240. This growth was driven by factors such as the US Federal Reserve (Fed) keeping interest rates unchanged and the increasingly widespread acceptance of Bitcoin in financial transactions. In addition, geopolitical tensions in Europe also caused investors to seek Bitcoin as a safe haven asset. Experts predict that if this trend continues, Bitcoin could surpass the $100,000 mark in the near future.
Long
by JerrytradingCR
How would Bitcoin react? Btc/Usdt Chart analysis Bitcoin on Hourly chart is has formed HH & HL (HIGHER HIGH, HIGHER LOW). Trend is definitely bullish but after a massive move every assets goes for a correction. Looking at hourly chart we can see that Bitcoin is trading in range bound and it need to take any side liquidity for any trade to be executed. For buy we would suggest to wait for the ATH (All time high) to be breaken out. So sell side we would suggest to wait for a MSS( Market structure shift). Weekends are usually slower for Crypto market. We will wait for the first Asian session of the day to start and will trade plan accordingly
by Trade_lyst
1
BTC ANALYSIS 16TH NOV 2024🚀 BTC Update - Bullish Trend Intact 📈 Overall Trend: Strongly bullish. ⏳ 1H Analysis: Price has broken the previous high and is now consolidating in a range. Imbalances are visible below. 📊 Current Move: Price has broken out of the range and is moving to fill the imbalances identified on the 1H and 15M timeframes. A retracement and rejection from key levels have already occurred, confirming momentum. 💡 Trading Advice: Take profits strategically. Avoid greed and focus on proper risk management to protect your capital. 📌 Like & Follow for more updates! 💬 Drop a comment below for analysis on other assets.
Short
by priceactiongold1
BTCUSDT’s Surge: A Bullish Breakout UnfoldsBTCUSDT is currently trading around 75,000 USDT, showing a swift bullish breakout. This upward movement is reinforced by powerful waves that continue to build momentum, establishing fresh support levels on the chart. Adding to the bullish sentiment, signals from the EMA 34 and 89 indicate stability and strength for the bulls. From my perspective, a buying strategy remains favorable, with a target set at 80,000 USD. What’s your take on it?
Long
by Sanhara
BTCUSDT struggling to make higher highs it can show a correctionBTCUSDT is seen struggling after its all time high near 93265 and has also formed a selling order block (93254-91491) and also retested this level and got a rejection after a break of structure for the lower side at the level of 90432 i have entered into a short position at the retest level 91490 with stop loss of 93315 and once it shows a strong bearish closing breaking down the levels of 81548 and 85072 it can give us the targets of 81470 and 77510
Short
by Trading-Unicorn
Selling in BTCUSDT from the level of 90000BTCUSDT was strongly bullish from last few days now it has been seen struggling near the level of 90000 as it marked the high of 89940 and has given a break of structure at the level of 86928 and it can change its character strongly once it closes below 86372, i have entered a short trade at the level of 86928 with stop loss of 90050 and i'm targeting that it will fill its FVG which are left behind near the level of 82000 and 77500 once it breaks 77500 it can move toward 75000 and then we can see some recovery toward upside.
Short
by Trading-Unicorn
86k break out, and now ?First, I was wrong. I expected a longer fight toe, but I did not consider surpassing the 86K target and ringing in our particular period. The explicit exposition of the US president in supporting crypto led tons of new people and industries to buy Bitcoin and Altcoin as investments. The UK minister agreed to include BTC in the pension plans as an anti-inflation asset, and the everyday growing cost of mining makes more attractive the direct purchase of the crypto coin instead of producing. The exact opposite scenario in confront to the start of the year. What's now? We are all looking for the 100K.
Long
by itsmcasalinii
BTCUSDT shortBitcoin Short - I was looking at the recent bitcoin rally that I was unfortunately not able to catch. So I was waiting for it to halt at some point and give me an opportunity to grab a quick counter trend retracement play. As soon as I saw that Bitcoin pulled back and made a double top formation I was interested in a short. Once it gave me a confirmation by taking out the liquidity from ATH and closing below in a reversal candle I became more confident about the trade. After waiting for a 15m confirmation candle I punched my sell orders and I've been riding the fall - waiting for my TP!
Short
by tarunk325
1
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by CryptoTitanAlgo
Bitcoin will do some price correction now! Bitcoin has shown a very bullish movement during the past one week and made an all time high at $90,000! 🚀🚀🚀😍 This is a moment of celebration for all bitcoin investors. However we should expect a correction from here as people will definitely book their profits and that will create a fear in the entire crypto market. So prepare for a downward movement now. As per my analysis bitcoin will retrace to $65,000 area and the take support from there and slowly move towards $100,00!
Short
by BitcoinProTrader
BTC ANALYSIS 12TH NOV 2024🚀 BTC Market Update 🚀 Bitcoin's recent surge has left multiple imbalances on the downside across higher time frames. As of now, we've seen the 1-hour candle close below the recent low, hinting at a potential retracement. Plan of Action: Wait for Retracement: The focus is on waiting for price to fill the Fair Value Gap (FVG) and observe a rejection from that level. Profit Target (TP1): If this retracement leads to a downside move, our initial target will be the demand zone below. Extended Target: Should the price continue to dump, hold positions as BTC may aggressively move downward to trap buyers and clear those imbalances. 🔔 Stay Tuned: Follow, like, and comment for more in-depth market insights!
Short
by priceactiongold1
5
Will we get Breakout this time in Bitcoin?Hello Everyone i hope you all will be doing good. From now i will always gonna to be put my analysis on Cryptos as well. Today i have brought analysis on Bitcoin. Right now BTC is trading at very important resistance zone, this time possibility is very high for breakout. if you check weekly analysis, you will get that price is forming vcp kind of pattern and it seems we have reached in that area where prices can give breakout and price should move very heavily for upside. Any breakout in Btc can take it towards 80k+ and finally it can find resistance at 84k.. I already have written this on chart but pasting it here as well for reference. (Higher Probability for breakout this time. But i think everyone should wait for perfect level to get long entry. on 7th june btcusdt has made high at 71997, i think we should wait to surpass this level for more confirmation. In case of breakout and good entry then 67500 can be best stop Loss, for short term, and 64665 can be best stop loss for medium term to long term.) Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
Long
by TraderRahulPal
BTCUSDT: Potential Breakout with Bullish Flag Pattern FormationThis 12-hour chart for BTCUSDT shows a developing bullish flag pattern within a descending channel. The first breakout of the bullish flag is essential to confirm upward momentum, targeting resistance at $67,594. A second breakout above the descending channel is needed to confirm a full trend reversal. Upon successful confirmation, BTC could potentially rally toward $90,000, but caution is advised until breakouts are confirmed.
Long
by SanelRyan