BTC | 1H: Today Plan:Today's plan is to watch for a short entry trigger with Unemployment Claims coming out. We anticipate a bull trap on CRYPTOCAP:BTC before prices continue to move down towards $26,000. Lets see! Previous day: VAH: $27451 POC: $27403 VAL : $27167 Date: 31 Aug 2023by femtoxbtUpdated 13
BTC | 1H: Today Plan:Yesterday, Crypto market experienced an impressive surge due to some news. If so, we may look to enter long positions, as late shorts are likely to be liquidated. Let's hope the bulls can keep the upward trend going and bring CRYPTOCAP:BTC back up to 28k. GL! Previous day: VAH: $27690 POC: $26077 VAL : $25920 Date: 30 Aug 2023by femtoxbtPublished 7
shortsince it is retesting the breakout area it might fall from current priceby Magesh1510-11Published 2
BTC | 1H: Today Plan:Watching for potential short entry points. The bulls seem to have taken a break. Expecting a downside continuation for CRYPTOCAP:BTC as the US Dollar Index continues to remain strong. Let's see what the weekend brings! Happy Friday! Previous day: VAH: $26571 POC: $26414 VAL : $26077 Date: 25 Aug 2023by femtoxbtUpdated 10
BTC prediction by 21st of september21 of September , we are at Rosh Hashanah, we have only USDT, BTC above 32k time to take profits. This is the scenery we predict using astronomy and technicalLongby miradornocaimaPublished 9
BTC is testing our patience. BIG MOVE INCOMING $BINANCE:BTCUSDT Last 3 months were really historical in terms of volatility and volume for BTC. BTC testing our patience. Now, as BTC price is testing important support line in 1D chart (highlighted in orange line) and also we are very close to 100 MA, we have to be very careful with our trade. My Analysis: Condition 1: A close above the $29,650 resistance could send the price toward the $30,000 resistance zone. Any more gains might change the trend and the price might rise toward $30,500. In the stated case, the price could even rise toward $31,200 or even $32,500 in the coming days. Condition 2: If Bitcoin fails to clear the $29,650 resistance, it could continue to move down. Immediate support on the downside is 29000. A downside break below the $29,000 level might start another steady decline. In the stated case, the price could drop toward $28,000. if it breaks $28000, lets face the worst decline towards $26000. Please use stop loss and respect your target price.by Mr_MainraUpdated 10
Bitcoin seems to be in dangerBitcoin, the OG cryptocurrency, appears to be in danger BTC has been following a parallel channel since October '22. However, after encountering significant resistance at the famous $32,000 level, it experienced a steep decline of approximately 20%. This decline also resulted in the breach of the established parallel channel. According to conventional technical analysis principles, the price move after the break of the channel should at least be equal to 50% of the width of the parallel channel. In the current scenario, the parallel channel has a width of around $10,000 and the breakdown occurred at ~$29,000, this analysis implies that BTC could potentially see a downturn toward the $24,000 price range in the foreseeable future. Do you agree with my assessment, or do you have additional insights to contribute? #bitcoin #btc #trading #cryptoby aryan_chandel_brinePublished 1
BTC | 1H: Today Plan: Longed CRYPTOCAP:BTC from $26,400. I'm expecting the consolidation to be positive for the price and for it to continue to rise in the short term. Remember that 24k is inevitable. Let's see what happens! Previous day: VAH: $26441 POC: $26031 VAL : $25823 Date: 24 Aug 2023by femtoxbtPublished 228
BTC | 1H: Today Plan:I am looking for a potential long setup. It looks like the bulls are ready to take action. I think CME gap could help to push the price of MIL:BTC higher. Let's hope for the best! Previous day: VAH: $26086 POC: $26032 VAL : $25811 Date: 23 Aug 2023by femtoxbtUpdated 4
Simple Bitcoin ForecastThis theory is based on a finishing of a head and shoulder pattern and reaching a higher low at or around the time of the halving. If history repeats itself the price should start to rise from that point going forward.by nick56526Published 0
$BTC | 1H: Monday Plan:Yesterday, I went long on BTC, but we had a rejection. Therefore, I opened a short order today. I anticipate a Monday dump, followed by a rally to the CME cap of $27,500 for $BTC. GL! Previous day: VAH: $26172 POC: $26110 VAL : $26058 Date: 21 Aug 2023by femtoxbtUpdated 7
BTC | 1H: Today Plan:I'm waiting for a trigger for now to get long. It looks like the bulls are making a small comeback and the bears are feeling the heat! With the long liquidity being grabbed up on $BTC. Happy Sunday! Previous day: VAH: $26145 POC: $26054 VAL : $25905 Date: 20 Aug 2023by femtoxbtUpdated 0
BTC/USDT Crossroads:Short Term Bearish Signals & What Lies Ahead💎 Paradisers, let's dive into BTC/USDT. The asset has recently slipped below its supportive trendline and is currently hovering near the demand zone of 25,792 on the weekly chart. My anticipation is that we might witness some stabilization in this region for a few days or perhaps a week before the price determines its subsequent trajectory. Presently, the scales tip towards a bearish sentiment, primarily due to the bearish divergence spotted on the RSI, signaling a potential trend reversal. Yet, it's essential to stay attuned to the price action. 💎 If BTC/USDT plunges past the 24,214 demand threshold, we might be steering towards the subsequent demand zone at 21,753. Intriguingly, this aligns with the Fibonacci's 0.618 level, often dubbed the 'golden zone'. Any bullish signs here could suggest a potential uptrend. However, if this zone crumbles, our sights are set on the 16,603 mark, a formidable demand zone and an optimal juncture for long-term accumulation. 💎The market might exhibit a lateral movement, potentially shaking out the less tenacious traders. Given the room for further decline in both the RSI and price, Stay vigilant and keep soaring, ParadiseSquad!Shortby MyCryptoParadise_NathanPublished 7
Bitcoin Consolidation - BTCUSDT$BITCOIN$ Chart Study - After a downtrend many consolidation found, 3rd Consolidation phase going on it may give breakout any time This Chart Study is only for educational purpose. No recommendation of buying. Longby be_you_akshayUpdated 4
BTC in upcoming daysBTC price took resistance from the ultimate supply zone 32000. There was also a trendline which BTC broke in previous days because of SPACEX news. If you will open weekly chart there is formation of 'M' pattern. After such fall BTC takes a relief rally. There are 2 possibilites: 1. We can expect a relief rally till 28800 and might continue its trend downside. There is a imbalance near 21000 which needs to be filled. 2. BTC can also form a range between 32000 to 24900.by sakshisingh20Published 2212
BTCUSD | D TF | ANALYSIS elliott wave.Time for a retracement? in this snapshot, btc completed 5th impulsive wave now its time for corrective wave. am expecting 25k. Elliott Wave Theory: What It Is and How to Use It What Is the Elliott Wave Theory? The Elliott Wave Theory in technical analysis describes price movements in the financial market. Developed by Ralph Nelson Elliott, it observes recurring fractal wave patterns identified in stock price movements and consumer behaviour. Investors who profit from a market trend are described as riding a wave. How Elliott Waves Work, Some technical analysts profit from wave patterns in the stock market using the Elliott Wave Theory. The theory assumes that stock price movements can be predicted because they move in repeating up-and-down patterns called waves created by investor psychology or sentiment. The theory is subjective and identifies two different types of waves: motive or impulse waves, and corrective waves. Wave analysis does not equate to a template to follow instructions. Wave analysis offers insights into trend dynamics and helps investors understand price movements. Impulse and corrective waves are nested in a self-similar fractal to create larger patterns. For example, a one-year chart may be in the midst of a corrective wave, but a 30-day chart may show a developing impulse wave. A trader with this Elliott wave interpretation may have a long-term bearish outlook with a short-term bullish view. Impulse Waves Impulse waves consist of five sub-waves that make net movement in the same direction as the trend of the next-largest degree. This pattern is the most common motive wave and the easiest to spot in a market. It consists of five sub-waves, three of which are motive waves. Two are corrective waves. Elliott Wave Theory Image by Julie Bang © Investopedia 2020 Labelled as a 5-3-5-3-5 structure: Wave 2 cannot retrace more than 100% of the first wave The third wave can never be the shortest of waves 1, 3, and 5 Wave 4 can't go beyond the third wave at any time If one rule is violated, the structure is not an impulse wave. The trader would need to re-label the suspected impulse wave. Corrective Waves Corrective waves, called diagonal waves, consist of three, or a combination of three sub-waves that make net movement in the direction opposite to the trend of the next-largest degree. Its goal is to move the market in the direction of the trend. The corrective wave consists of 5 sub-waves. The diagonal looks like either an expanding or contracting wedge. The sub-waves of the diagonal may not have a count of five, depending on what type of diagonal is being observed. Each sub-wave of the diagonal never fully retraces the previous sub-wave, and sub-wave 3 of the diagonal may not be the shortest wave. Elliot Wave Theory vs. Other Indicators Elliott recognized that the Fibonacci sequence denotes the number of waves in impulses and corrections. Wave relationships in price and time also commonly exhibit Fibonacci ratios, such as 38% and 62%. For example, a corrective wave may have a retrace of 38% of the preceding impulse. 1 Elliott Wave Oscillator Chart Elliott Wave Oscillator Chart. Other analysts have developed indicators inspired by the Elliott Wave principle, including the Elliott Wave Oscillator Chart. The oscillator provides a computerized method of predicting future price direction based on the difference between a five-period and a 34-period moving average. Elliott Wave International’s artificial intelligence system, EWAVES, applies all Elliott wave rules and guidelines to data to generate automated Elliott wave analysis. 2 What Is the Elliott Wave Theory? In technical analysis, the Elliott Wave theory looks at long-term trends in price patterns and how they correspond with investor psychology. These price patterns or ‘waves’ depend on rules developed by Ralph Nelson Elliott in the 1930s. They identify and predict wave patterns within stock markets and help predict future movement. 1 How Do Elliott Waves Work? There are different waves, or price formations, from which investors can glean insight. Impulse waves include an upward or downward trend that carries five sub-waves that may last hours or even decades. They possess three rules: the second wave cannot retrace more than 100% of the first wave; the third wave can never be the shortest of waves one, three, and five; wave four cannot ever surpass the third wave. There are also corrective waves, which fall in patterns of three. How Do You Trade Using Elliott Wave Theory? If a trader sees a stock moving on an upward trend on an impulse wave, they may go long on the stock until it completes its fifth wave. Anticipating a reversal, the trader may then go short on the stock. Underlying this trading theory is the idea that fractal patterns recur in financial markets. In mathematics, fractal patterns repeat themselves on an infinite scale. The Bottom Line The Elliott Wave Theory was developed by Ralph Nelson Elliott. It provides a technical analysis of price patterns related to changes in investor sentiment and psychology. The theory identifies impulse waves that establish a pattern and corrective waves that oppose the larger trend. It assumes that stock price movements can be predicted because they move in repeating up-and-down patterns. Correction—May 5, 2023: This article has been amended to state that the third impulse wave can never be the shortest of waves one, three, and five.Shortby fzxzzUpdated 29
BTCUSDT DAILY TFAs you see market is filling DAILY POI I already drawn on 15Jun23 @25755.67 That POI worked as a magnet! and we can see price mitigates there price started to fall -14.79% And now price will fill imbalance which is @23986.92 to @20687.13 PLUS there is a another POI for long side! price will bounce there too. After that we can expect a New High on BTCUSDT a breakout @32399 that's a previous high on 31May22 OR . . . If price gives us a breakdown on that POI @20367.48 then price will move towards WEEKLY POI {SKY BLUE} @16812.95 in my opinion that's a strong POI from 21Nov22 is there and not mitigated once! That means BTC is FILLING FUEL we can see a BULL RUN! THOSE WHOEVER READING THIS COMMENT YOUR THOUGHT SMCLongby VIJETEJBHIMRAOTAMBAREPublished 223
Inverted head & shoulder patternEasy entry with a 1:1 risk-reward ratio, trend changing to an uptrend with strong momentum00:37by shrey2104Published 3
SHORT BTC15 mins bullish candle immediately taken out by negative candle AND RISK: REWARD IS 1:3Shortby GIRL_TANUPublished 3
BITCOIN still under #BearishZone#BITCOIN 1-Day Chart Analysis- As per CRYPTOCAP:BTC daily chart, Yearly Cycles running into Ascending Broadening Wedge pattern, then its final wave is nearby touched their support level and soon break-out up to $22.5k to $19.5k to complete its Bearish Zone cycle up to 5/7 sept., while monthly cycles moving under Descending Broadening Wedge Pattern, and as per that after the current downtrend completing, its upper Bullish divergence starts soon from mid of Nov. 2023. At present, market is under volatile situation and Bears & Bulls both ready for their move, and Whaler's are also find the easy gap of 6k-7k for big Pumps & Dumps on this situation. So, as per that chart pattern will be change too, but majority of chances of Bitcoin moves as per given pattern. Always #DYOR and Trade with #StopLoss, It's #NFA & Must SHARE, LIKE & COMMENTS ON IT....Shortby AskToRahulSirohiPublished 0
BTC/USDT :- Anticipating Price Swing and Bullish Order Block? Welcome to this comprehensive technical analysis of BTC/USDT. In this analysis, we'll delve into recent price trends, potential support and resistance levels, and a notable bullish order block. Price Projection and Swing Potential: BTC/USDT has experienced a recent downturn, with the price having potential to retrace towards the 28200-28000 range. This correction could provide a healthy reset for the cryptocurrency, potentially offering traders an opportunity to accumulate at a lower price point. Anticipated Price Rally: As the price tests the support area around 28200-28000, a rebound could lead to a notable rally. Traders should closely monitor the price action as it approaches the 30200-30400 range. This resistance level could serve as a critical test for BTC/USDT's bullish momentum. Bullish Order Block Analysis: A key highlight in our analysis is the presence of a bullish order block at the 28200 level. Order blocks often act as significant support zones, reflecting a cluster of buy orders. The presence of a bullish order block enhances the likelihood of a rebound from the 28200 level, potentially validating our projection of a price swing towards the 30200-30400 range. Conclusion: The BTC/USDT technical analysis suggests a potential fall towards the 28200-28000 range, presenting an opportunity for traders to accumulate. A subsequent price rally towards the 30200-30400 range is anticipated, contingent on successful support confirmation. The presence of a bullish order block at the 28200 level further bolsters our analysis. For more insightful analyses and timely updates, follow our TradingView profile.by Un_tradePublished 5
BTC FORMED HEAD AND SHOLDERS BTC having 2 ways to move 1. bullish - if breaks yellow trend line that will be massive bullishness. 2. bearish : if it losses 28250$ support will bleed till 20000$ supporting price action forming head and shoulders, weekly bearish divergence. trade carefully at breakout. by crypto_vulture_signalsPublished 1