expecting BTC to touch 70k+expecting BTC to trade above 70k+ soon since it is taking nice support Longby Magesh1510-111
Bitcoin Needs More Bull Power to Cross $69,800I am sorry I could not publish charts for 2 days, however in my last update I had shared the zones to come. If you have read my last chart idea, you would knew what was going to happen. When I published my last chart we were at mark X, and I told you that there are chances BTC would move up and try to break the upper resistance and on failure it will retest the support at 1, that is exactly what happened. A tip : Always keep in mind, when you are trading, you are against the market of pros - The Market Makers. They are not normal traders, they have deep knowledge of the mindset of a normal trader. So when market gains too much green, in market language it is called Trader greed, and when market is too much red, its Trader fear. So when there is too much green they will drop the asset price and will earn from it, and when the traders are in red (shorting an asset), they will pump the price to liquidate people. You would have seen multiple times. Since I started writing charts, I am always awaring you of zones where this can happen. Let's talk about the current situation. At this moment MA20 is holding the price, however this is not the strongest of all MAs. There is a chance that we fall from this zone, and btc try to retest the lastest zone (the light orange zone with red border). The last time this zone was tested it failed, meaning this is not a solid support and hence the responsibility to hold btc price fall goes to MA50. There are very light chances this particular zone has become a good zone, but data does not show enough power here. As we know, the area of $69,800 is an old ATH of btc, and hence it has a high resistance. It will take atleast 5 attempts in normal cases or multiple hits with a good volume to cross it. Or if super charged bulls enter the market, this can be crossed within a day. I have told you before multiple times, it is easy to go red and very very difficult to go green. You can understand it like gravity, its easy to drop a thing than to make it fly. The MACD as of now shows that Bulls have reduced power and Bears are slowly gaining the control. There are huge chances we might retest the support level 1 with MA 100 hovering over it. When even market is green, MMs will dump it and when market is red and every one starts to short, MMs will do a sudden pump. Stay ALert!Longby imvijaygir1
Expecting price upsince it is breaking recent resistance and expecting should be upLongby Magesh1510-111
#Bitcoin Update On Sunday 28.07.2024A.O.A And Good Evening to All Brothers and Sisters! #Bitcoin Moved Around Our Last Week Closing Range. Yesterday Its Broked The Resistance upper Side But The Next candle Rentered agian. Now We Break Again This Range. And If Confirm then We can Continue Our Bullish Move. #Alts are Performing Very Good And We Continue Add Coins In Our Signal list. But Real Move We Can Confirm after Tomorrow Evening Candle Close on 4H. I Wish You All Very Nice EveningLongby MoonTradingForecast9
BTCUSD LIVE OVERVIEW (BULLISH)BTC is creating a Dip and its a buying trend so price should Bounce after creating a support on or near trendline. Longby jain_abhishekUpdated 2
#Bitcoin update on Saturday 27.07.2024.#Bitcoin update on Saturday 27.07.2024 A.O.A and Good Morning to Brothers and Sisters #Bitcoin Moved Perfectly how I mentioned Yesterday in My Analysis. Allhamdollilah. Now Both Resistance are Broked.(Blue Area and Old All time High). What's Next Now?? If Price Confirm This Move Then there is Another Blue Area. And I mentioned all The Resistance Point on Chart. Arrow#1,#2,#3. #ALTS Are Moving Perfectly and All Our Signals Growing up. And On The Way I send New Signals and Analysis. I Wish You All Very Nice WeekendLongby MoonTradingForecast0
BTC looks Ready to get a raise towards $68,000With all the obstacles crossed, it looks like BTC is now ready to move towards $68,000 resistance. We have seen btc moving up taking the necessary correction with every step. For this final step under zone 1, btc has almost done taking the correction and soon will start to penetrate this level to move up now. It has already tried doing that multiple times in the last few hours and failed. It will not be called a fail because these hits help in losening the resistance. Now it should be able to cross the zone 1 and reclaim the support above it. take some time off there before started the next journey which we will cover in the our morning session. In case, btc moves up we should keep in mind that there is a heavy resistance at $68,700 zone, a past ath zone. So this can and should work as a heavy resistance, pushing the price back to retest the upper level of Zone 1. or if btc kept moving with the same pattern of making steps, it should create such a mini support between the zone 1 and the resistance $68,700. There seems no chances of BTC retracting back under zone 1 as the market sentiment looks bullish and most of the liquidity is around zone 1 for as of now. So even if BTC fails to rise up, it should not fall from current level. One very important thing, that I almost forgot to cover, the MAs. We have seen multiple golden crossovers, I have covered in my past chart. One cross over that we are waiting is 100 MA crossing over 200 MA, and this will bring all the MAs in the perfect order they should be. The order from top to down should be 20,50,100,200. This shows the price is in perfect health and good to move up.Longby imvijaygir52
Bitcoin Update on Friday 26.07.2024.Bitcoin Update on Friday 26.07.2024. A.O.A And Good Morning To All Brothers and Sisters! #Bitcoin After Completing the Retracement on our Supports and Resistances Bounced Back Perfectly. And Now Broked The Resistence on 4H. And Just Rejected from the Daily Resistance(Black Line). I think The Opening of US Market Can Puch More The Price and Maybe We Can start Printing again New Highs. On The Way We Have The Resistance Blue Area. And Old All Time High. #Alts are Doing also Good. We Have Reopend Again The Last Trades On Entry Levels. I will Continue Sending new Signals after Confirmation of Uptrend. Insha Allah I Wish You All Very Nice DayLongby MoonTradingForecast1175
STRATEGY Sniper : BTCUSDT Update strategy ongoing 1. The range was respected : when the price moved outside strongly reacted by reaching our zones. 2. The inefficiency at 58.7k was recover at first range break out. This is now a interesting zone, the plot reacts every time touches it or, if overpass this levels, strong breaks. 3. The inefficiency left at 53.7k left a range, which lower bound was identify with the last higher high before the three engulfings. The price recover right after had broken the inefficiency level. 00:43by itsmcasaliniiUpdated 2
BTC BEARISH IDEABTC has entered in bearish zone again after ethereum etf went live on US market, BTC may visit 60k zone in few days. Trade carefully. Shortby HyBlockCap0
BTC bullish trend continueIt looks like, BTC will continue the bullish trend. Triangle pattern is already broken. People can follow the given targets. Longby ashishhcUpdated 2215
MACD giving signal for trend reversal, waiting for Golden Cross-The market has been playing the same since the last chart. MA 200 has been a major support, did not let BTC price to cross it. Also sent pushed it up however as discussed in the previous charts " once a support is broken it becomes a resistance ", hence our level 2 which was previously a strond support has now become a strong resistance. MACD shows a loss in Bulls potential, as the market has been in a bear sentiment for the past few days. {Always keep in mind, before taking a long jump, the price has to take a correction. This way, new buyers get the chance to get into the market and paper hands are removed.} Coming back to the chart, because MA 100, and 50 were present below the zone 2, it was hard zone due to multiple resistances and all the bull power exsausted there and because of that, the price was not able to break the upper wall of zone 2 and faced rejection (this is where we are right now). What to Expenct now? The 200 MA is continuosly providing support however, everything in this world has a breaking point. With multiple hits, even the strongest MA like 200 can be broken and psychologically setting a bearish trend is far easier than creating a bullish sentiment in the market. Most of the traders are fearful and the red in chart makes them panic and they sell causing more panic. This is dominos effect. There is a chance of a Golden cross over at the mark X , this will give a bullish push to the price. This will happen when MA 20 will cross over the MA100. This should happen near about the base of zone 2, so that the bullish power helps in breaking the resistance of zone 2 and other MAs. For the support at this point, we have 0.786 Fib level and MA 200, but they can't handle more pressure as well. The doji green candles & heavy red candles shows that bulls are finding it hard to keep up with the bears. Still the cross over in MACD is a good signal (marked). When ever the blue line in MACD crosses the orange line (signal line) from botton to up, it is a bullish signal. It should not come under orange, if that happens, we should get ready to see the $65,000 zone.by imvijaygir2287
#Bitcoin Update on Wednesday 24.07.2024.#Bitcoin Update on Wednesday 24.07.2024. A.O.A And Good Morning to All Brothers and Sisters! #Bitcoin Continue Retracement and Broked Our First Support Line Arrow#3. And Continue Dropping Down. As I Mentioned in My Last Analysis if The First Support is Broked Then We Are Going to Touch the Second One. But Till Now We Are Supported By Yellow Line Upper Then Strong Support(64854). I My Openion Price Can Drop More and Retest again 64854 before reverse. Thats Why I suggest to Wait For Buy Trades. #ALTS No New Buy trades and tight Stoplosses on You Open Trades. Don't Levarage Trades in This Situation and If You are In Profit Put Your Stoploss on Breakeven. I Wish You All Very Nice Day.by MoonTradingForecast2
200 MA being the last supportSo the market has liquidated both sides players and still going downwards even when it took support from the lower zone of point 2. The intersaction of MA 20 and 50 became its enemy and send it back to the 0.786 level of Fib just like we discussed in the last chart. The fib sent it back, and this time the level 1 acted as a resistance and btc failed to hold the position. At the current movement, btc is getting a support from MA 200 and is buring under MA 100, 50 and 20. now the level 2 is also the enemy. So btc is in such a position that it has only one friend nearby i.e. MA 200 and if it wants to go up, if has to face multiple enemies which means it require lots of positive volume. When you swim against the stream you need too much power. It would be easy for btc to fall further down and reach the $65,000 which is a light support zone, but if it goes further down, it will get the major support suzone of $63,000. The price will get some time to gather enough energy to pass all the resistances at once and reach the $69,000 once again. But this should not happen. The MA 200 should provide enough support to let the price go back and try to break the level 2 resistance once again. one major thing to keep an eye. If the cyan line (MA20) crossed the red line (MA 100) and went down, we definetly going to $63,000 zone. Too much short pressure on the market, and hence the MAAs might take advantage of it and push the price up to liquidate the short traders. Let's see in teh morning, what happens.by imvijaygir44100
#Bitcoin Update on Tuesday 23.07.2024.#Bitcoin Update on Tuesday 23.07.2024 A.O.A And Good Morning To All Brothers and Sisters! #Bitcoin Just Closed A Candle under Then Over first Support. Now Next Candle Decide if Confirem or Not. In Case If Confirm This Breakout Then The Price can drop more. Where will Be Next Support in Case If Drop The Price?? If Price Drop Then The Area Of Arrow#4 are Many Support. First one Is The Yellow Line, Second Is Strong Support 64854. The third one Is Is The blue line of 4H Support (Our Second Support Line). #ALTS can Drop More Then Bitcoin. But if You are in Spot Nothing to Worry. Tight Your Stoplosses. Or Move The Stoploss On Breakeven. I will continue Monitoring the Price and Update in gruop. I Wish You All Very Nice Day.Longby MoonTradingForecast332
BTC Trade ideaTrading near long term channel resistance. Breakout on the top side can lead to ATH levels.by ChartsbyShankar110
Bitcoin Trend Contracting FanBitcoin trend contraction fan, the main target is the upper white line resistance, the key target is the lower white line supportby ZhongBenCong001113
Is BTC about to rise?Looking at the daily line on the left, we can clearly see that BTC is coming out of a potential double top structure. Then it fell below the neckline around July 4th to 5th. But in the next few days, it turned into a bottom flip and the double top failed. And looking at the perimeter on the right The short-term EMA did not fall below the medium-term EMA At the same time, the trading volume in these two weeks was significantly lower than the trading volume in the previous rise. But it can pull the price up from the panic and short sentiment in the market. So I think this is the main force in the market cleaning up the retail investors who entered the market in the last wave. and allow them to get more chips At the same time you can see there is quite a lot of buying around 59000 Therefore, I think the next trend should be two types 1. After breaking through upward, the pressure goes back to about 70,000 and then continues upward (red arrow) 2. Go down close to the bottom of around 59,000 until the main force absorbs enough chips and then goes up (blue arrow #The cryptocurrency market has high risks, please carefully evaluate operational risks This analysis is a personal comment and does not constitute any investment advice, so please refer to it with caution.Longby Jobs_lin118
$BTC | Daily: HTF Plan:The weekly close was so bullish. BINANCE:BTCUSDT successfully flipped the POI level (67k), showcasing the strength of spot buyers in the market. Expect some consolidation before bulls push to 72k (PMH) and then new highs! 68k- POI level 72k- PMH + Liquidation 74k- New all time high.Longby femtoxbt223
#Bitcoin Update on Monday 22.07.2024.#Bitcoin Update on Monday 22.07.2024 A.O.A And Good Morning to All Brothers and Sisters!!! #Bitcoin After Hitting almost Upper Side of Our Blue Zone. Now Retrace a Bit. And With This Move We Have To Update All Resistance and Supports. Here are The New One. The Most Important is Arrow#1. Becuase Exactly Upper Side we Have Last All Time High. If Price Recover That Point Then Price Can Fly Soon. #ALTS are Doing Also Well. Just Some Dumps Based On some News. But our All Signals On spot are Still safe. I wish You All Very Nice DayLongby MoonTradingForecast110
#Bitcoin Update on Sunday 21.07.2024.#Bitcoin Update on Sunday 21.07.2024. A.O.A And Good Morning to All Brothers and Sisters. #Bitcoin Moving A Bit Now In Negative. But Remember we Closed Yesterday Candle Positive. So Now We Are In Weekly Range. That's Why no Panic. We Still Have Any Direction. Just Weekend Moves With Low Volume. I Draw Some Supports and Resistances. Where Arrow#1 Is Important One. And Then Arrow#2. If We Break Theee two Levels Then We Are Bullish. Otherwise Friday Market Had Gives Us A Huge Range Area. Between 67352 and 65800. We Follow These Two Points To Follow The Direction. #Alts All Our Signals Are Doing Very Well. We Just Have Now To Wait for Movement Till Tomorrow Evening. I Wish You All Very Nice WeekendLongby MoonTradingForecast1182
Bitcoin Update on Saturday 20.07.2024.Bitcoin Update on Saturday 20.07.2024. A.O.A And Good Morning to All Brothers and Sisters! #Bitcoin Makes A Huge Jump And Our Support and Resistances lines Was Very Helpful For Guidelines When These Rally Was Started. And Allhamdollilah We Was Good In time For Opening Our Buy Trades. What's Next Now?? Here are Again My Resistance and Supports Lines. And Today Is Saturday. Usually The Volume Is Very Low. But With Crypto You Never Know When The Price Can Move. Keep In Mind These Lines. And Final Update I Will Do Insha Allah Tomorrow Evening. I Wish You All Very nice Weekend..Longby MoonTradingForecast0
A weekly Resistance can't stop Bitcoin at this momentBitcoin's weekly chart shows that we have hit a weekly resistance causing the price to slow down. Resistance is a zone where people take their profits and hence future traders believe it to be a good zone to short the assets. That is the reason why we saw a rise in bear activity on MACD, however their power has reduced. If you keep an eye on the news, we have news about the Coindesk Bitcoin Index gaining 5.85% and Grayscale announcing its plan for Bitcoin ETF spinoff. This is a positive news and hence caused millions of liquidations of Short trades. If shorts are being liquidated that simply means we are going up, hence do not fear if you see a few candles in the hourly chart. Important to watch out is that we close above $66,800 for the day. This will hold the bears as the price will wander in this zone for some time building a strong support and then can continue the journey. As we hit the weekend, there are traders who take out there profit and take week off from trading. They will be back on monday. If we close above $68,000 and stay above this level for the weekoff, there are huge chances we will see a rise with the opening market on monday.by imvijaygir2