Bitcoin to $64,000 and then to $54,000? Comment belowBitcoin is following this trend line as drawn on the chart. if it breaks the support line at $64,000 it can dump upto $54,000.
What is your view on this? Comment down below
BINANCE:BTCUSDT
Trade ideas
BTC ANALYSIS 3RD NOV 2024BTC Analysis
In the 1-hour timeframe, BTC has not been respecting the smaller order blocks, which is why I've highlighted a major demand area on the 4-hour timeframe as a possible reversal point. The 4-hour chart shows BTC forming consistent lower highs without breaking any recent highs, indicating a downtrend.
Key Observations:
Imbalance Filled: All imbalances on the upside have been filled, so we need clear confirmations for potential setups.
Long Setup: Watch for a break of the order block, followed by a proper retest. This confirmation can provide a safer entry for longs.
Short Setup: For shorts, wait until BTC breaks the demand zone and retests it for confirmation.
BTC previously broke a trendline, trapping sellers before reversing upward. Be mindful of similar fakeouts. Ensure strong confirmations on the retest before entering any trade.
Confirmation Tips:
Use 15-minute (or higher) timeframes for minor confirmations.
Watch for BTC to potentially find support here or fall from the order block—trade cautiously.
If this analysis helped, please like, follow, and comment!
BTC USDTBTC has taken a resistance from its all time high and we may see it coming towards 67000 levels and if it is not respected we may further see a fall upto 60000. Due to US Elections crypto market is highly volatile and market has anticipated it and we may see sideways market for few more trading sessions. Crypto's future is all now depends on US Elections result.
TP DONE BTC NOV 3RD 2024"Yesterday, I shared a BTC analysis with a potential downward move, backed by a clear trade setup. The trade played out as anticipated, netting an impressive 12R profit—an amazing result! 📈🔥
If you followed along, congrats on the profits! For those who find value in these analyses, please like, follow, and comment to stay updated. When we reach 100 followers, I’ll continue to share more high-RR setups like this. Let’s make this journey pro together! 💪🚀"
BTC SHORTING IDEA 2ND NOVTrade Analysis:
5-Minute Order Block Rejection: Noticed a clear rejection in the 5-minute order block, indicating potential downside pressure.
Minor Support Break: Confirmed entry after the minor support was broken, suggesting bearish continuation.
BTC Trend Confirmation: BTC remains in a clear downtrend, unable to break previous highs, further supporting a bearish sentiment.
Risk Management: Only 50% capital allocated for this trade to control risk. If the price breaks below the next order block, there’s potential to capture significant points on the downside.
💬 Like, follow, and comment if you find this analysis helpful!
BTC ANALYSIS 2ND NOV 2024"BTC has filled the upper imbalances and dropped back to a 1-hour demand zone. On the 4-hour timeframe, there’s a significant demand zone where price could head next. Given that BTC hasn’t broken any recent highs on the higher timeframe and has filled these imbalances, it appears likely to continue breaking lows and reach the 4-hour demand zone.
For a potential long, we need to see a break above recent highs as marked, while for a short, BTC should break below the minor order block. Always wait for the 15-minute and 1-hour candle closures to confirm, and look to enter on the retracement—avoid entering prematurely.
For more trade insights and analysis, please like, comment, and follow. Your support is greatly appreciated!"
BTC 1ST NOV 2024 ANALYISBTC Market Analysis
Bitcoin is experiencing strong bearish momentum, with consistent breakdowns of previous lows. In such conditions, always wait for a clear change of character before considering any long trades. Recently, BTC tapped into a previous order block, which initially attracted buyers. However, it quickly reversed, trapping these buyers, and moved down toward a lower order block.
This new order block is crucial since it aligns with a 1-hour timeframe resistance, which may act as potential support. My approach would be to wait for BTC to break above this minor order block zone and look for a pullback entry on the retracement.
Be mindful that price could also fake out above this level and fall back, trapping more buyers. So, it’s critical to stay patient and let price action develop rather than jumping into a trade prematurely.
Stay patient, and only trade once BTC shows its next move.
If you found this breakdown useful, consider following for more trade insights.
XAUUSD | BTCUSD | PRICE ACTION ANALYSIS | FOREX | 30 OCT | HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
Updates for October 30, 2024Bitcoin (BTC/USD)
Current Support Levels: Bitcoin now finds support near $72,000, with a critical secondary level around $70,500.
Resistance Levels: The next resistance sits near $73,500, with potential extension towards $75,000 if upward momentum holds.
Buy/Sell Strategy: Look for a buy position near $72,000, targeting resistance levels at $73,500 or higher.
Stop-Loss: Suggested stop-loss around $70,500 to safeguard against downside risk.
BTCUSD | XAUUSD | FOREX | CRYPTO | 29 OCT | HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
SWING TRADE IN BITCOIN - TRADE ON SHORT SIDE FOR HUGE PROFITSymbol - BTCUSDT
BTCUSDT is currently trading at 68200
My reversal setup has formed in BTCUSDT & I'm seeing a trading opportunity on sell side.
Shorting BTCUSDT Futures at CMP 68200
I will add more position if 69000 comes & will hold with SL 70300
Targets I'm expecting are 65920 - 63300 - 60875
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Whale Indicator ($2300 Revenue Available, Congratulations)Hello, I'm Whale Signal
Here's a quick recap of the Bitcoin trading ideas I shared in Trading View yesterday
Bitcoin is forming a triangular convergence pattern, and we need to closely monitor whether it breaks through the upper resistance line or deviates from the lower low based on the important sell-off. We've explained that, and we've shared some of the main sell-offs that you must check for that
As a result, Bitcoin broke above the top of the trend, supporting the main resistance stand within the triangle convergence pattern
Following the retest, additional gains were made using the main selling point as a springboard, and the opportunity to realize $2,300 in revenue was provided
One thing that's unfortunate is that if a clearer retest had been made after the breakthrough, more people would have easily earned profits
In fact, some of those who expected a retest missed the opportunity, but those who entered after seeing the breakthrough rise must have made a good profit because they clearly broke through the sale table and closed it immediately
Congratulations to those who responded flexibly as Bitcoin broke through the main selling point and met the rising conditions
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Yesterday, I made the first purchase in the retest section of triangular convergence, and after the breakthrough of the sale table was confirmed, I added the second purchase of burning, and I am currently proceeding with the partial next day
The remaining holdings are holding in anticipation of further upside, with the price of StopRose set at the price of the buy
We are currently expecting further rise and are waiting for TP2 (target to reach 2)
Looking at the price range, we're looking at the early-mid 72K, and you can find the specific price target in the real-time chart link below
The next inflection section could be a very important point for futures traders, so be sure to check it carefully
*I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis*
*For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below*
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1. The whale indicator simply points to support and resistance
2. Please refer to the whale index to find a trading RBI suitable for your analysis
3. The shape
Bitcoin on October 29, 2024Resistance Levels:
Primary Resistance: $69,500. If Bitcoin sustains momentum, this level could be tested as a key resistance, where profit-taking might occur.
Secondary Resistance: $70,000. Should Bitcoin push past the initial resistance, this level could be a critical barrier, potentially drawing more selling interest.
Support Levels:
Primary Support: $68,200. This level has shown recent buying interest and could offer a stabilizing point if Bitcoin faces a pullback.
Secondary Support: $67,500. A breakdown below $68,200 could lead to further declines toward this stronger support zone.
Strategy and Outlook:
Bullish Scenario: If Bitcoin breaks and holds above $69,500, it could signal a continuation toward the $70,000 mark, reinforcing a bullish outlook.
Bearish Scenario: A failure to sustain above $68,200 may increase selling pressure, pushing the price down to test the $67,500 support.
These levels provide actionable points for both potential breakouts and pullbacks, allowing traders to assess real-time movement and volume for intraday positioning
Bitcoin on October 29, 2024Resistance Levels:
Primary Resistance: $69,500. If Bitcoin sustains momentum, this level could be tested as a key resistance, where profit-taking might occur.
Secondary Resistance: $70,000. Should Bitcoin push past the initial resistance, this level could be a critical barrier, potentially drawing more selling interest.
Support Levels:
Primary Support: $68,200. This level has shown recent buying interest and could offer a stabilizing point if Bitcoin faces a pullback.
Secondary Support: $67,500. A breakdown below $68,200 could lead to further declines toward this stronger support zone.
Strategy and Outlook:
Bullish Scenario: If Bitcoin breaks and holds above $69,500, it could signal a continuation toward the $70,000 mark, reinforcing a bullish outlook.
Bearish Scenario: A failure to sustain above $68,200 may increase selling pressure, pushing the price down to test the $67,500 support.
These levels provide actionable points for both potential breakouts and pullbacks, allowing traders to assess real-time movement and volume for intraday positioning
Monday, October 28, 2024, here is a Bitcoin trading setupBuy Position: Around $63,000 if there’s a pullback to this level. This zone is seen as a strong support where buying interest might emerge, supported by recent bullish signals around $62,000 - $63,000.
Sell Position: Consider shorting if Bitcoin approaches $67,244 without breaching resistance, as this area has been noted as a likely reversal point if buying momentum does not continue.
Targets:
For a Long Position:
Target 1 (TP1): $70,000, where initial resistance could appear.
Target 2 (TP2): $72,000 for those looking to hold for a further potential upside, aiming for an 18% return if the trend holds bullishly.
For a Short Position:
Target 1 (TP1): $63,000, aligning with the support zone where buyers might re-enter.
Target 2 (TP2): $61,000 if selling pressure continues below $63,000, breaking the bullish outlook.
Stop-Loss Levels:
For a Long Position: Place a stop-loss at $60,000 to protect against potential downside if the price falls below this significant support.
For a Short Position: Use a stop-loss at $67,500 to mitigate risks if the resistance breaks and bullish momentum strengthens.
Summary:
The overall sentiment for October 28 leans toward a cautious bullish outlook, contingent on Bitcoin holding above $63,000 and breaking past $64,500. Close monitoring is advised, as failure to break resistance or a decline below $60,000 would shift the outlook toward bearis
Bitcoin is to $72,000? Bitcoin has broken the ascending triangle towards upside and looks very bullish . It can probably touch $72,000 area very soon.
What is your opinion on this? Comment below 👇
BINANCE:BTCUSDT
Bitcoin is to $72,000? Bitcoin has broken the ascending triangle towards upside and looks very bullish . It can probably touch $72,000 area very soon.
What is your opinion on this? Comment below 👇
BINANCE:BTCUSDT
10.28 Whale Indicator (predicted USD 1200 rise, congratulations)Hello, I'm Whale Signal
Through the last point of view, you were able to predict a 1,200-dollar rise and a 1,900-dollar rise
We will continue to do our best to analyze trends so that you don't miss useful information that can generate profits despite market volatility
First, let's look back on the last analysis
In the last analysis, we said that the support line of the white whale indicator would be an important defense point, but it continued to rise with a press at the hour mark
There was a very slight departure from the first candle, but the opportunity to buy the retest was again offered within the range of the hand's end, and I told you to keep an eye on the 68.5-69K range if the uptrend continues
We explained that this is because this is a section where there is a possibility of disappointing sales if the head-and-shoulder pattern and Dow theory fail to break through the high point
As a result, Bitcoin has seen a sharp decline, leaving a tail around 68.7K
Those of you who have referenced my analysis have the opportunity to expect a return of about $1,200, and if it has helped you with the sale, I would like to congratulate you from the bottom of my heart
Subsequently, a downward break from the support of the white whale indicator at the one-hour bar after receiving resistance led to a drop of about $1,900 in the next candle retest segment
In a previous article, I mentioned a strategy of maintaining a loss line in the event of a departure from the white whale indicator, implementing some blade and main liquidation, and continuing to hold the remaining volume
For those who have sold under this strategy, it is believed that it would have been possible to liquidate the partial day and the main account
However, if further guidance had been made on the support section below, it would have been more profitable
There were some regrets due to the long bottom tail, but as a result, I think we shared a good trading strategy
Let's move on to today's analysis
⚠️Btcusdt - 1H
Bitcoin has been seen going sideways over the weekend in a breathtaking segment
Now, a week before the U.S. presidential election, there is a possibility that there will be a move to confirm the direction in the market
Currently, Bitcoin appears to be forming a convergence pattern
If this convergence is correct that it is progressing, we need to look closely at whether it breaks through the previous high or if it deviates from the previous low or if it can support it without
In particular, if the upper resistance trendline and previous high breakthrough are confirmed, more attention will be paid to the important "core interval" in the whale indicator
This is because we believe that the key section can be an important gateway to open up new market trends in the future
In addition, we will carefully watch for the breakaway from the low, as trading volume has been on the defensive lately, whether it is triangular convergence or not
If the trend continues to break lows in Dow theory, we need to focus on the sell-off segments below
The whale surface area plans to respond flexibly based on specific trend lines in this situation
(I've shared important sales tables that I must check today, so please check them out when you have time.)
*I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis*
*For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below*
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1. The whale indicator simply points to support and resistance
2. Please refer to the whale index to find a trading RBI suitable for your analysis
3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy
4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistance






















