BTC Trade setupWhile BTC is making lower low now but the swings are showing this is going to be bullish, market is trying to trap the short seller than all sudden it will pull up to the higher highs with the bullish signs.Longby Nova0112Updated 2
BTC MTF Analysis Signals Strong Bullish RallyTechnical Analysis Reveals Bitcoin's Multi Time Frame Analysis Points to Strong Bullish Rally Bitcoin's Weekly Time Frame Analysis Reveals Inverted Head and Shoulder Pattern Bitcoin (BTC) traders and analysts are buzzing with excitement as a comprehensive multi time frame analysis reveals a strong bullish trend for the leading cryptocurrency. By examining both the weekly and daily charts, technical experts have identified significant patterns that suggest a promising future for Bitcoin investors. In the weekly time frame, BTC has formed an Inverted Head and Shoulder Pattern, a highly reliable technical formation known for its potential reversal signals. The breakthrough above the neckline resistance level on March 13, 2023, marked the initiation of a long-term upward trend. Bitcoin then entered a consolidation phase, trading within a range of $25,600 to $31,100 from mid-March to early June 2023. Bitcoin's Consolidation Phase Sets Stage for Strong Bullish Rally However, between June 13 and June 23, Bitcoin witnessed an impressive rally, surging by approximately $5,000. This substantial price increase signifies a robust bullish sentiment prevailing in the current market. Based on the projected target derived from the Inverted Head and Shoulder Pattern range, experts anticipate Bitcoin to potentially reach $43,130, providing further validation for the positive outlook on BTC. Bitcoin's Impressive Rally Points to a Strong Bullish Trend Shifting focus to the daily time frame, Bitcoin's trading pattern reveals an ascending channel formation. Notably, analysts have also observed a Right Angled Descending Broadening Wedge pattern within the channel. This pattern is widely recognized as a bullish reversal signal, adding to the overall optimism surrounding Bitcoin's future price movements. By carefully analyzing the price action pattern and measuring the potential move of the Right Angled Descending Broadening Wedge, technical analysts project that Bitcoin could rally another $6,000 points from its current level of $31,120. This implies a projected target of $37,450. Projected Target and Measured Move Signal Further Bullish Potential for Bitcoin Considering the bullish trends identified across both the weekly and daily time frames, technical analysts foresee a continued upward momentum for Bitcoin. However, it is crucial for investors to exercise caution and conduct their own thorough analysis, as the cryptocurrency market remains subject to volatility and unforeseen events that can impact price movements. Despite the potential risks, the multi time frame analysis of Bitcoin provides traders and investors with valuable insights and reinforces the bullish sentiment surrounding the cryptocurrency. As Bitcoin continues to break key patterns and projections point to a significant rally, market participants are eagerly anticipating the next phase of Bitcoin's ascent.Longby TheNewsCryptoUpdated 13
LONG POSITION BY BITCIONHEY! Today i look a btc Good long trend with correction Would like to see a good liq break after correctionLongby george_ovcharenko2
BTC BEARISH DIVERGENCE BTC clearly forming bearish 3 top pattern and RSI, MACD and SCOTH RSI are indicating negative sentiment, so chances are their for the support level from 28400$ level to 26500$. #Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #cryptoShortby crypto_vulture_signals0
Update on last Chart !"Bitcoin Price Takes a Tumble: Investors Wonder if They Accidentally Invested in a Bungee Jumping Company!"Shortby deorx33Updated 110
BItcion 4h Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.Shortby Abajrfds110
BTC Trade SetupBTC Trade setup, The market is fallen too much with the spike, it required a reversal to digest it, once the reversal is there we can make a good target with the higher high swings, Entry SL and target is shown as per the strutchure.Longby Nova01120
BTC TRADE SETUPWhile the Resistence of 30361.76 is not broken with the previous swings, it shows the price weakness which will make price to make fall. You might see the down move after the trendline breaks below.Shortby Nova01125
BTC Trade Setup BTC is bullish as we have discussed, This might show a bullish move or bearish moved, Bullish move chances as per the previous levels - 80% Bearish Move chances as per the previous levels - 20%. All depends to the volume yet to come.Longby Nova01120
Breaking Through Boundaries: Is Bitcoin Set to Soar to $29K?Prepare yourself for the storm that looms on the horizon! Bitcoin, the enigmatic cryptocurrency that has enthralled investors, appears to be on the brink of a momentous bearish breakthrough. In this gripping analysis, we delve into the eerie calm before the storm, exploring the signs that foretell an imminent downturn. Get ready to have your beliefs shaken as we reveal why Bitcoin's price could be on the verge of a jaw-dropping descent. owntrend Despite SEC Approval The SEC's decision to approve XRP as a non-security was a major victory for Ripple, the company that created the cryptocurrency. However, it's not clear that this will translate into a significant uptrend in XRP's price. There are a few reasons why XRP's price could still decline in the near future. First, the SEC's decision is still being appealed by the agency. If the appeal is successful, it could mean that XRP is reclassified as a security, which would have a negative impact on its price. Second, the broader cryptocurrency market is currently in a downtrend. This means that even if XRP is approved as a non-security, it's possible that its price could still decline if the overall market continues to fall. Finally, there are some concerns about the long-term sustainability of XRP. The cryptocurrency is heavily centralized, with Ripple owning a large percentage of the total supply. This could make it vulnerable to manipulation by Ripple, which could also lead to a decline in its price. Overall, it's too early to say whether XRP's price will go up or down in the long term. However, the SEC's decision to approve XRP as a non-security is not a guarantee that its price will go up in the short term. There are a number of factors that could still contribute to a decline in XRP's price, including the appeal of the SEC's decision, the overall state of the cryptocurrency market, and the long-term sustainability of XRP. Here are some additional factors that could contribute to a downtrend in XRP's price: The continued development of other cryptocurrencies, such as Ethereum and Cardano, which could offer better functionality and security than XRP. The increasing regulation of the cryptocurrency market, which could make it more difficult for XRP to be used for payments and other financial transactions. The lack of adoption by major financial institutions, which could limit the demand for XRP. Of course, there are also some factors that could contribute to an uptrend in XRP's price: The successful launch of RippleNet, Ripple's cross-border payment network. The increasing adoption of XRP by businesses and consumers. The development of new use cases for XRP, such as decentralized finance (DeFi) and non-fungible tokens (NFTs). Ultimately, the future price of XRP is uncertain. However, the factors listed above suggest that there is a greater chance of a downtrend than an uptrend in the near future.Shortby deorx33Updated 8
BTC | 1H: Weekend Plan#Bitcoin still in the same old boring range (30k-31k). Looking for these two plans in this weekend. It should be above $30k or 28k soon. Happy weekend! Previous day: VAH: $31598 POC: $31186 VAL : $30624 Date: 15 July 2023by femtoxbtUpdated 1112
Wave count indicate BTC goes short sell to 25840ABCD wave count pattern completed From E level BTC goes short sell to 25840Shortby Dinesh_Kryptonian3
BTC Trade Setup For TodayWhile btc is consolidating in a range in 15mins, Most probably the changes are to be bullish but we can go with whereve the move comes.Longby Nova01120
BTCUSDTMarket dumped.. but the next target zone will be 33000$ in upcoming days market may dump a little more... be careful with your trade and #dyor before taking any trade THANKU..by TRADING_Aid1
BTCUSDT NEXT MOVEBINANCE:BTCUSDT BTCUSDT might sweep down side liquidity first to move upwards around 31000 again. both side EQL & EQH formed . BTC is waiting for the event to move one sideby Akshay_GourUpdated 4
BTC | 1H: Today PlanLooking for short above $30,600. CRYPTOCAP:BTC is still stuck under FWB:31K resistance so, expecting a rejection soon. Now send it back to lows or rekt. Lets see! Previous day: VAH: $30800 POC: $30717 VAL : $30470 Date: 13 July 2023by femtoxbtUpdated 1112
$BTC | 1H: Today PlanLooking for continuation higher towards $32,000. CRYPTOCAP:BTC is truly bullish until above 31k. I'm bull as long as we hold above Monthly open. If we get a bullish retest I will try long. GL! Previous day: VAH: $30235 POC: $30549 VAL : $30233 Date: 14 July 2023by femtoxbtUpdated 116
BTC | 1H: CPI PlanCPI data will be released today. Looks like CRYPTOCAP:BTC is getting ready to pump. Expect a bounce in the crypto market as the CBOE:SPX is on a strong rise. Only 0.5 risk today. I hope this range will be broken soon. Are you ready? Previous day: VAH: $30357 POC: $30528 VAL : $30397 Date: 12 July 2023by femtoxbtUpdated 449
BTC Trade Setup IdeaWhile the market is in buying zone, The low which is the support now is strong that is why price is unable to break for the down move + market sustained a lot before this move so it might be so hard to break below and easy to go above. Overall market is bullish.Longby Nova01122
BTC | 1H: Today PlanLooking to short it. We'll go sideways a bit and then dump it. Here is what I'm looking for in $BTC. Happy Weekend everyone! Previous day: VAH: $30323 POC: $30078 VAL : $30040 Date: 8 July 2023by femtoxbtUpdated 7
BTC | 1H: Today PlanShort closed for +1.2R. I don't like short here. Now flip to long and Send to 31k. CRYPTOCAP:BTC still holding well at $30,000. Flash dump also possible, But I'm Bullish. GL! Previous day: VAH: $30351 POC: $30264 VAL : $30225 Date: 10 July 2023by femtoxbtUpdated 7
BTCUSDT LONGExpecting BTCUSDT to touch UPPER SECONDARY TEST level soon. CAUTION Please consult your personal financial advisor before investing. I am not responsible for your gains (or) losses if anyLongby ajithchand-bhandaari1