Can #Bitcoin Pass $70K and Reach $150K?Can #Bitcoin Pass $70K and Reach $150K?
If you want to see Bitcoin reach a new all-time high toward $150K, the price needs to break the $70,000 resistance level.
There's strong support at $50,000."
BTCUSDT.PS trade ideas
BTCUSDTBINANCE:BTCUSDT.P
The BTCUSDT currently navigating a crucial technical phase. The price has been moving within a rising trendline that has acted as a strong support level. The chart shows a consolidation phase, with BTCUSDT testing this ascending trendline repeatedly, indicating that bulls are defending this support. The MACD indicator reveals a slight bearish divergence, with the MACD line crossing below the signal line, suggesting a potential weakening of bullish momentum. The RSI is hovering around the neutral zone at 49.44, indicating neither overbought nor oversold conditions, which aligns with the ongoing consolidation. The Ichimoku Cloud analysis shows price action near the lower boundary of the cloud, which traditionally acts as a support level, but breaking below this could signal further downside risks. A decisive break above the immediate resistance could propel the price towards the next significant resistance level around 62,000, while a breakdown below the rising trendline may lead to a decline towards the key support at 54,743.68. Volume analysis shows a relatively low trading volume, which might suggest that any breakout or breakdown could be short-lived unless accompanied by higher volume.
#Bitcoin Update on Wednesday 21.08.2024#Bitcoin Update on Wednesday 21.08.2024
A.O.A And Good Morning to All Brothers and Sisters
#Bitcoin Make A Fake Jump Yesterday and Then Gived Back all The Gain. The Breakout of Yellow Area Was Also Not Retested. And These Are All Bearish Signals.
What's Next?
There Are New Support and Resistance on 4H TF.(blue Lines). And At The Moment Price Found Under The First Support. Till Now Its Seem Like Break And Retest on Down Side. But If Price Does Not Break Upper Side The First Support Then Bitcoin Can Drop More Down. And For Trend Reversal we Need To Break Both Support and Resistance. Till Now We Have All Bearish Scenario.
#ALTS
#ALTS are Moving Mix. Some Gain And Some Lose The Gain With Bitcoin Yesterday. For The Actuall Situation i Suggest to Not Open New Buy Trades. And Tight Stoplosses on Buy Trades.
I Wish You all Very Nice Day
24.08.21 Whale IndexHello, I'm Whale_signal
Did you do a good job selling yesterday?
As I posted in the photo
1D - BTCUSDT accurately touched the orange whale indicator and came down around $2600
Today, I'm uploading 1H - BTCUSDT update
It's still going sideways
You have to keep in mind that the longer the horizontal direction, the larger the trend in one direction
We're going sideways, so please hurry up and move on
1D -> 4H -> 1H -> 30M order,
Check the direction from the big frame to the small frame
From your point of view, I hope you use the whale index to get a good profit
The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$
***whale surface intensity***
Purple>>>Orange>>>White
(Purple indicators are the strongest)
ALL In Sell BTC :)My opinion is still to short sell BTC. Currently, BTC is in a compressed price range, waiting for a breakout
BTC PRICE ACTIONCheck BTCUSD/T,
Highlighted Zones (Supply and Demand Zones):
Green Zones (Demand Zones): These zones represent areas where there has historically been significant buying interest, causing the price to increase. These are typically areas of support where demand exceeds supply, and buyers step in to push the price higher.
White Zones (Supply Zones): These zones represent areas where there has historically been significant selling interest, causing the price to decrease. These are typically areas of resistance where supply exceeds demand, and sellers push the price lower.
2. Fair Value Gap (FVG):
The FVG label on the chart indicates a fair value gap, which is the gap between the closing price of one candle and the opening price of the next, often formed after strong price movements. This gap can act as an area of interest for traders as it may indicate an imbalance in the market, potentially leading to a price reversal or continuation.
3. Yellow Boxes (Accumulation Areas):
The yellow boxes highlight areas of accumulation or consolidation, where the price moved within a tight range before a significant breakout. These areas are crucial because they often precede strong trends, and traders watch for breakouts above or below these levels to enter trades.
4. Blue and Red Arrows (Indicating Bullish and Bearish Momentum):
Blue Arrows: Indicate bullish momentum or buying pressure. They are positioned at points where the price shows strong upward movement, often after retesting a support level or breaking out from an accumulation zone.
Red Arrows: Indicate bearish momentum or selling pressure. They are positioned at points where the price shows strong downward movement, often after retesting a resistance level or failing to sustain higher prices.
5. Future Price Projection:
The blue lines extending into the future seem to be a projection of the price continuing to rise, possibly based on past bullish momentum and the breakout from the highlighted supply zone. This projection suggests a potential bullish continuation if the price holds above the current resistance level.
6. Overall Market Structure:
The chart shows a macro view of Bitcoin's price action, with significant highs and lows marked. The market structure appears to be bullish, with higher highs and higher lows forming over time. The recent breakout above the supply zone could signal the beginning of a new bullish phase, provided that the price remains above the highlighted zone.
7. Historical Context:
The historical price action in the lower green demand zone represents the bear market lows, where accumulation likely took place. As the price moved up, it broke through several resistance levels, leading to the current market structure. The supply zone near the all-time high acts as a crucial level where sellers previously controlled the market, and a breakout above this could signify a strong bullish trend.
Conclusion:
This chart suggests a strong bullish bias, especially if the price continues to trade above the highlighted supply zone. The fair value gap, accumulation zones, and market structure all point towards potential upside in the near future, provided that the market maintains its current momentum and does not fall back into lower demand zones.
BITCOIN PRICE MOVEMENT, IT IS A RIDE TO WATCHCheck BTCUSD/T,
Highlighted Zones (Supply and Demand Zones):
Green Zones (Demand Zones): These zones represent areas where there has historically been significant buying interest, causing the price to increase. These are typically areas of support where demand exceeds supply, and buyers step in to push the price higher.
White Zones (Supply Zones): These zones represent areas where there has historically been significant selling interest, causing the price to decrease. These are typically areas of resistance where supply exceeds demand, and sellers push the price lower.
2. Fair Value Gap (FVG):
The FVG label on the chart indicates a fair value gap, which is the gap between the closing price of one candle and the opening price of the next, often formed after strong price movements. This gap can act as an area of interest for traders as it may indicate an imbalance in the market, potentially leading to a price reversal or continuation.
3. Yellow Boxes (Accumulation Areas):
The yellow boxes highlight areas of accumulation or consolidation, where the price moved within a tight range before a significant breakout. These areas are crucial because they often precede strong trends, and traders watch for breakouts above or below these levels to enter trades.
4. Blue and Red Arrows (Indicating Bullish and Bearish Momentum):
Blue Arrows: Indicate bullish momentum or buying pressure. They are positioned at points where the price shows strong upward movement, often after retesting a support level or breaking out from an accumulation zone.
Red Arrows: Indicate bearish momentum or selling pressure. They are positioned at points where the price shows strong downward movement, often after retesting a resistance level or failing to sustain higher prices.
5. Future Price Projection:
The blue lines extending into the future seem to be a projection of the price continuing to rise, possibly based on past bullish momentum and the breakout from the highlighted supply zone. This projection suggests a potential bullish continuation if the price holds above the current resistance level.
6. Overall Market Structure:
The chart shows a macro view of Bitcoin's price action, with significant highs and lows marked. The market structure appears to be bullish, with higher highs and higher lows forming over time. The recent breakout above the supply zone could signal the beginning of a new bullish phase, provided that the price remains above the highlighted zone.
7. Historical Context:
The historical price action in the lower green demand zone represents the bear market lows, where accumulation likely took place. As the price moved up, it broke through several resistance levels, leading to the current market structure. The supply zone near the all-time high acts as a crucial level where sellers previously controlled the market, and a breakout above this could signify a strong bullish trend.
Conclusion:
This chart suggests a strong bullish bias, especially if the price continues to trade above the highlighted supply zone. The fair value gap, accumulation zones, and market structure all point towards potential upside in the near future, provided that the market maintains its current momentum and does not fall back into lower demand zones.
#Bitcoin Buy Setup**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
24.08.20 Whale IndicatorHello, I'm Whale_signal
1H - BTCUSDT Update
Big bounce back from 1D - BTCUSDT purple whale indicator yesterday
Congratulations to those who entered Long
1H - BTCUSDT indicators were disappointing, but it wasn't a liquidation move, and there was definitely a section to enter for a long time later
1H-BTCUSDT chart still seen as box movement today
If you break above the orange whale surface, it's powerful, so you need to touch the purple whale surface
If you don't break the whale index and keep failing
The trend is still weak
4H, 1H - See 1D- BTCUSDT Chart When You Break Down The Bottom Purple Whale Indicator On BTCUSDT
The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$
***whale surface intensity***
Purple>>>Orange>>>White
(Purple indicators are the strongest)
24.08.19 Whale IndexHello, I'm Whale_signal
Whale Indicator Of The Day 4H - BTCUSDT Uploads
1H, 4H - It gets hard when you leave the purple indicator below!
Refer to 1D - BTCUSDT if you leave (you can see my idea if you go in)
See also whale indicators that can be resisted to comfort
If you keep losing money in the box section, take a break
Please proceed with the sale only where I know it
We have a lot of opportunities
It's stable to check the candle finish before entering
The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$
***whale surface intensity***
Purple>>>Orange>>>White
(Purple indicators are the strongest)
BTC BuyIn this analysis of the BTC/USDT pair on the 15-minute chart, I’ve identified a potential bullish reversal using Fibonacci retracement levels. After a sharp decline, Bitcoin found support at the 0.618 Fibonacci retracement level, which aligns with a critical demand zone (highlighted in blue). The price action suggests a strong support base at around $59,200-$59,300, indicating a possible upward movement.
#Bitcoin Update on Friday 16.08.2024
A.O.A and Good Morning to All Brothers and Sisters.
#Bitcoin Continue Dumping And Till Now No Sign For Trend Reversal. Our Sell Trade Was Confirmed Yesterday and Reached Also The First TP.
What's Next?
#Bitcoin Now Creating a Y Wave(Arrow#2,#4) And This Is Most Worst Wave According to Ichimoku Theories. In This Wave Bitcoin Move Without Any Rule. But i Draw The Support and Resistance Lines(Blue=4H & Black=Daily TF). I prefer To Wait Breakout of YWave Lines For Next Trades.
#ALTS
#Alts Are Moving With Bitcoin. And How We Know Bitcoin Dominance is Too High. #Alts Are Moving Drastically With Bitcoin Dump. Thats Why No Reason To Waste Money on Stoplosses.
Be Patience and Wait For Right Moment
I Wish You All Very Nice Day.
24.08.15 Whale IndexHello, I'm Whale_signal
1H - BTCUSDT Update
The beat keeps going sideways
If you go below the purple whale's surface, you'll have a hard time
And check the important indicators above
1H, 4H See 1D Chart To Get Below Purple Whale Surface
Be careful because it can become more volatile
That's all for the free whale indicators
The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$
***whale surface intensity***
Purple>>>Orange
(Purple indicators are the strongest, orange whales are basic)
BItcoin -Catch intraday movementAn inverted head and shoulders pattern is forming, with the potential target highlighted on the chart.
BTCUSDT Withdrawal Probability.BTCUSDT daily chart; It is observed that price movements continue in a downward trend. It is considered that during the period when the crypto can not be passed up to 65718 levels, it can break down to 53753 levels in price movements below 62681 levels and retreat to 38751 levels.
#Bitcoin Ready For A Wave..#Bitcoin After Unsuccessful Sell Wave, Now Bitcoin Is Ready For A Buy Trade. The Confirmation of This Wave We Have Already and Here are The Entry and TPs Point. Lets See If We Can Ride This Wave or Not...
Bitcoin_for the last move before declineBeautiful cup and handle made.Target mentioned in chart.This may be the last upmove before the decline !
2024.08.14 Whale Indicator/Congratulations on the rise of $2000Hello, I'm Whale_signal
The 1H - BTCUSDT chart I posted yesterday showed a rise of around $2000 as it broke the whale indicator
It was easy for everyone to get into the correct whale index point
If I referred to your perspective + whale indicators, I think it was a place where I was able to make a big profit!
Today Posts 1D - BTCUSDT Update Chart
In the big picture, there's a sideways movement within the orange whale surface
Even if it falls, the orange whale surface below must be protected (4H, 1H, 30M all need to be checked)
If you leave, it opens up the possibility of even dropping the purple whale surface
I hope you keep the purple whale index below 1D, and if this spot is broken, it will be open to 56.5K to 55.2K as of today
You have to make a comfortable rise and check with the whale index in the upward resistance section
Small scale 30M, 1H, 4H I really want you to watch it with me (posted in my trading view idea)
If you defend well and go up, the whale index will continue to focus on the top!!!!
That's all for the free whale indicators
The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$
***whale surface intensity***
Purple>>>Orange
(Purple indicators are the strongest, orange whales are basic)
2024.08.13 Whale Index (free)Hello
It's Whale_signal
Today's 1H - BTCUSDT Whale Indicators Quick to Post
(Expiration date: Approximately until 13:00 on August 14th, Korean time)
Although there is only a sideways trend, it is expected that there will be rapid volatility from now on depending on the results of the indicator announcement starting today
30M, 1H, 4H, 1D. Please refer to all the charts I posted
Rather than sharing perspectives, if you share my whale index with your analysis, you'll get a good result
The purple whale indicator is powerful, so if you reach it, it's a place to focus
That's all for the free whale indicators
The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$
***whale surface intensity***
Purple>>>Orange
(Purple indicators are the strongest, orange whales are basic)
2024.08.12 whale indicator (free)Hello
It's Whale_signal
Today's 4H - BTCUSDT Whale Indicators Quick Post
I think it's going to be difficult if there's a downward breakthrough in the purple whale index below
Even if you go down there, you have to try to get it back up
Up there, if it rises to the purple whale surface, that's where you're going to get resistance
However, on the contrary, if the above purple whale index breaks and settles down, it opens up the possibility of further upside
Rather than sharing perspectives, if you share my whale index with your analysis, you'll get a good result
I went sideways over the weekend and I have a lot of important indicators this week, so I have to watch it carefully
That's all for the free whale indicators
The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$
***whale surface intensity***
Purple>>>Orange
(Purple indicators are the strongest, orange whales are basic)
