btc usd technical analysis btc usd technical analysis in weekly time frame next possible movement by abbasjaffri030034314492
BTC Sideways- Selling calls of short maturitySideways View on BTCUSDT Trade: Sell 44400 Call option of 4 February expiry @ $85 Stop Loss: Premium = $170 Target: Premium = $0 Max Profit: $85/BTC Rationale: The most recent movement in BTC suggests a potential temporary halt in the upward momentum, with noticeable retracements in play. Moreover, a recently established supply zone/resistance has been pinpointed on the charts.by Delta-Ex-research2
BTCUSDTBTCUSDT continues to experience slight decline on Thursday, trading around the $42,000 mark. The weakening trend has not yet ended as BTCUSDT shows signs of convergence between resistance and the 34, 89 EMA lines. Sellers are currently targeting the nearest profit-taking level at $41,700. If this level is broken, it could open up more opportunities for sellers around the $40,000 mark. Good luck everyone !!Shortby RKarina116
BUY BTCUSD 43000, SL 42500, TGT- 46000BUY BTCUSD 43000, SL 42500, TGT- 46000 Aa we know that price fall down sharp from 49000, 48000, and 47000, and there is a Block order at 46500, so price will go up at the level of 46000 and than we will be consider to sell at 46000 and target will we 44000Longby Forex_RajGuru224
BTC bullish to sideways - call spreads playBullish View on BTCUSDT Trade: Buy 44000 Call option of 2 February expiry @ $270 Sell (2x) 45000 Call option of 2 February expiry @ $130 each Stop Loss: Spot level = $41300 Target: Spot level of $45000 Max Profit: $990/BTC Rationale: The most recent movement in BTC suggests a potential temporary halt in the upward momentum, with noticeable retracements in play. Moreover, a recently established supply zone/resistance has been pinpointed on the charts. For risk management, we recommend setting a stop loss at 41300 to invalidate the aforementioned setup.by Delta-Ex-research112
BTCUSDTDear valued readers, Escaping the bull channel has caused an impressive price increase for the product, primarily due to BTCUSDT being unable to surpass the $44,000 resistance level. Given the current situation, I anticipate that BTCUSDT will experience a price decrease before any catalyst emerges to drive market growth. What are your thoughts on this matter? Do you agree with me?by RKarina1112
BTC Short Intraday 30 Jan 2024A local swing high is marked as resistance. Prices are expected to correct for the short term and this could turn out to be an intra-day shorting opportunity.Shortby ajays97Updated 447
Short Opportunity of BTC. There is a little update with our plan of shorting #BTC: If we see any another rejection candle at the red arrow area, we enter in our short position, otherwise we wait patiently for the yellow and green arrow area. In this area also we wait for our confirmation entry.Shortby Nilofar376Updated 223
BTC analysis on D1 frame. The price broke out bullishly when it hit the $39,000 support zone. Looking for peak B of wave ABC, will the next target be $44,000? At the 44,000 price range, price action will determine whether the trend continues to increase or decrease to deeper support areas. Comment: Price will go down to deeper areas after buying pressure declines. There is a phenomenon of profit taking so that BTC adjusts to test the support areas below. The decline period will be in February and March 2024Shortby Thiensat88xUpdated 227
BTC need buyer's liquidity with good bullish trend looks like the volume is fading away and price will go down to find zones where there could be order block pending or some imbalance zone to get buyers interest back looks like round figure 40k is 5.50% downside thereafter 37000 - 34000 and higher time frame supports BUY ON DIPLongby Jimmy_RebelloUpdated 337
Bitcoin Bearish Divergence Target $30,000 ?#Bitcoin Bearish Divergence Into Play CRYPTOCAP:BTC showing concerning signs, but I remain long-term bullish despite short-term uncertainties. Bearish divergence + RSI below resistance could spur pullback if $44k fails. If so, watch $43.5k-$44k level. Lose that and we may see $30k But hold> $44k = rally to $51k. Weigh scenarios carefully friends. ➡️ Bearish divergence forming ➡️ RSI struggling below resistance ➡️ $44k Critical Resistance ➡️ Below that could hit $30k ➡️ But over $44k keeps $51k+Shortby CryptoPatel1119
BITCOIN BUY OPPURTINITYBITCOIN showing trendline plus snr support a good bulish trade showing grab it bitcoin loverLongby tradergyan01Updated 2212
Sideways to Bullish BTC- Put Spreads a better choice!Bullish View on BTCUSDT Trade: Sell 40000 Put option of 2 February expiry @ $130 Buy 39500 Put option of 2 February expiry @ $80 Stop Loss: Spot level = $40000 Target: Premium = $0 in both legs Max Profit: $50/BTC Rationale: The most recent movement in BTC suggests a potential temporary halt in the downward momentum, with noticeable retracements in play. Moreover, a recently established support zone/demand zone has been pinpointed on the charts. For risk management, we recommend setting a stop loss at 40000 to invalidate the aforementioned setup.by Delta-Ex-research111
Fake Breakout | Reversal Pattern On day chart Bitcoin has soared and plunged with high volatility in range $45,8xx and $41,000 Bitcoin has important support at $40K and Supply Zone around $47K that's why Bitcoin's dropped With the last bullish candle has upper long wick, I think this is a Fake Breakout and it can create Reversal Pattern #HeadShoulders to pull Bitcoin back to $35K Wait and see confirmation to tradeShortby trieutvUpdated 113
What everybody was thinking on BTCUSDT.[write or wrong][LEARNER] I have readed the 20 to 30 ideas on tradeingview on BTCUSDT. someone is talking about the prehalving , elliott wave ,45K for liquations etc. someone is telling that LONG up to 200k others SHORT up to 20k. But in market both bulls and bears but it's is important to note that which side you are in is much more important. Generally we look at the chart observe the indicators or priceaction etc. let see what indicators are telling about the BTCUSDT. RSI in 4H is 63.88 in 1D is 48.38 while observeing back price makes the higher high but RSI makes the lower high.(in daily time frame) Bearish divergence occurs when the price of the asset makes higher highs, indicating an upward trend, while the RSI makes lower highs, signaling weakening momentum. This discrepancy between price action and momentum can be a warning sign that the upward movement may be losing strength, and a reversal or correction could be on the horizon. When comes to EMA's 26th jan 2024 candle closes the above 10 day ema (not full but half) but today may be close above the 10 day's EMA. the 21 day EMA and 50 day EMA was crossing in 27- jan -2024. price was supported at the 100 period EMA and also price moving above the 200 day EMA also trading above 200 day SMA. while MACD was prepareing to cross each other for bullishness. yesterday volume is 47.384k while observeing the price action. we have internal trendline i think this can be broken and price may reject at the level of the 42751 or 43k. if the BTC was broke 45K level it can be the bullish , also liquidate the 1.5 Billion (accroding to the Binance BTC/USDT Liquidation Map) i think will take the liquidations be carefull. Shortby HEAD-SHOT_PROUpdated 116
BTCUSDTGreetings! Welcome traders. By choosing to "Follow", you can stay updated with the latest information promptly. Kindly consider clicking "Boost" as well. Wishing you a pleasant day.Shortby TMCFX0224
Bitcoin Blueprint 2024Unpopular opinion: I don't think BTC is going straight to new ATH. A good shakeout remains ahead. A combination of price and time capitulation. After great introspection, I believe that Bitcoin will range till September this year and will begin it's parabolic expansion in that month. Previous ATH should be tested in the month of Nov/Dec, if this manifests. Halving in April will get a lot of attention but price doesn't move until 2-3 months later. Don't get liquidated trading the chop. Find new narratives and play select alts. God Speed.by Degengambleh111
HOW-TO use blackcat1402 L3 Emotion LineI. Overview The Emotion Line is an innovative technical indicator that captures market sentiment by analyzing price dynamics. It calculates the average of opening, high, low, and closing prices over the past three days and combines the concepts of Dynamic Moving Average (DMA) and Exponential Moving Average (EMA) to generate a value reflecting market sentiment. Implemented in Pine Script on the TradingView platform, the Emotion Line provides users with an intuitive tool for market sentiment analysis. II. Calculation Method Ray: Compute the average of the past three days' prices, i.e., (2 * C + H + L) / 4, where C is the closing price, H is the highest price, and L is the lowest price. Then, take the Simple Moving Average (SMA) of this average over 3 days with a smoothing factor of 2. CL (Close Line): Assign the value of Ray to CL, which serves as the basis for further calculations. DIR1 (Directional Change): Calculate the absolute difference between CL and the CL of the previous two days, indicating the magnitude of price movement. VIR1 (Volume in Range): Compute the sum of the absolute differences between CL and the previous day's CL over the past two days, measuring the accumulation of price fluctuations. ER1 (Efficiency Ratio): The ratio of DIR1 to VIR1, measuring the efficiency of price movement. CS1 (Cumulative Strength): Apply a weighted process to ER1 to obtain CS1. CQ1 (Cumulative Quotient): The square of CS1, further strengthening the cumulative effect of price movement. AMA5 (Adjusted Moving Average): Calculate the Dynamic Moving Average (DMA) of CL with the dynamic factor CQ1, then apply a 2-day Exponential Moving Average (EMA) to the result. Cost: Calculate the 7-day Simple Moving Average (SMA) of AMA5. CLX (Composite Line): Compute the average of AMA5 and Cost to obtain CLX. Emotion Line: Calculate the proportion of CLX increasing continuously for N days, with N defaulting to 7 days. Multiply the result by 100 to get the Emotion Line value. MA_emotionLine (Moving Average Emotion Line): Compute the M-day moving average of the Emotion Line, with M defaulting to 6 days. III. Market Logic By analyzing the cumulative effect and efficiency of price movement, the Emotion Line attempts to reveal the strength of market sentiment. When the Emotion Line rises, it indicates a positive market sentiment, and investors may have an optimistic attitude towards the stock; a falling Emotion Line may signal a weakening market sentiment. The absolute value and trend changes of the Emotion Line can provide investors with references for buying, holding, or selling. IV. Usage Attention Signal: When the Emotion Line exceeds 20%, the market sentiment may begin to be positive, and investors should pay attention to related stocks. Entry Signal: When the Emotion Line exceeds 40%, the market sentiment is relatively strong, and investors may consider entering the market. Reduce Position Signal: When the Emotion Line exceeds 80%, the market may be overly optimistic, and investors should consider reducing their positions to avoid risk. Exit Signal: When the Emotion Line breaks below its M-day moving average, it may signal a shift in market sentiment, and investors should consider exiting the market. V. Notes The Emotion Line is an auxiliary tool, and investors should make comprehensive judgments based on other technical analysis and fundamental analysis. Market sentiment is influenced by various factors, and the Emotion Line may have lag, so investors should use it cautiously. Investors should adjust the parameters of the Emotion Line according to their risk tolerance and investment strategy. VI. Conclusion The Emotion Line is an intuitive indicator that reflects market sentiment through quantitative methods, providing a new perspective for investors to observe market dynamics. However, no technical indicator is foolproof, and investors should remain cautious when using it, combining their personal experience and market conditions to make decisions. Through the TradingView platform, investors can easily add the Emotion Line indicator to their charts to assist in their trading decision-making process.Educationby blackcat140210
BtcusdtAll theses lines means a lot . A simple line in trading gives you everything in it. Find the perfect line . Travel with the line. Your lifeline improves.Shortby Manirathinam46113
BTC Sideways to Bearish - selling Call spreadsBearish View on BTCUSDT Trade: Sell 41400 Call option of 27 January expiry @ $130 Buy 41800 Call option of 27 January expiry @ $80 Stop Loss: Spot level = $41400 Target: Premium = $0 in both legs Max Profit: $50/BTC Rationale: The most recent movement in BTC suggests a potential temporary halt in the upward momentum, with noticeable retracements in play. Moreover, a recently established supply zone/resistance has been pinpointed on the charts. For risk management, we recommend setting a stop loss at 40500 to invalidate the aforementioned setup.by Delta-Ex-research112
buy BTCUSD 40000, SL 39700, TGT- 41500buy BTCUSD 40000, SL 39700, TGT- 41500 AS YOU know that price given a breakout of its last high at 40000 on 23 jan 24 yesterda and price is taking a support at 40000 with a block order and making a higher high to higher low Longby Forex_RajGuru1
BITCOIN good fall wil occure best fall oneBITCOIN good fall wil occure bicoin breaked todays tuf strong trendline it will down a lot for few days lie a weekShortby tradergyan012