Bitcoin updated#BTC +23% Profit
Trade is going perfectly as planned on the Our Analysis.
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BULLUSD trade ideas
Bitcoin BTCUSD trying to make double top bearish M patternDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
BUY BTCUSD 63000 SL 62400, TGT65000Hello Followers,
as price today broke its Daily chart BLOCK ORDER at 63800 and made a BOS, after BOS in 4h chart price got a correction at 63100, its a pattern quality its happened every times now price in 1h chart made a BLOCK ORDER at 62800 with a Bullish Engulfing (yellow candle ) with and price already mitigated block order once time i think market will also hit its BLOCK ORDER again at 63000 because everybody buy and market hit all SL again at that point 63000 so, place a buy order at 63000 because market is in pure uptrend and now price also given CHOCH in 5m chart when i am typing here. and price will also go up at first 65000 above
After Trump Incident What Does BTC Price Shows On Daily Chart?
After declining from the $72000 supply zone, the price fell sharply 25% in a quick 30-day span and breached $54000 by July 5th. The petrified buyers started buying to maintain the support and got followed by buying from the crowd, as well, which led to showing sustenance on the chart for a while.
The latest trump incident, where he was nearly killed by a shooter, where the shooter missed an inch from his skull and penetrated the ear instead. This was taken on the optimistic side of the crypto-verse, as he's considered one of a cryptocurrency skeptic-turned-supporter. The BTC price pumped rapidly and crossed $62500. This entire history led to form a descending, broadening falling wedge, and the trump incident made it look like a breakout of this pattern.
At press time, the BTC has traded at $62820.26 with an intraday surge of 3.33% and appears headed to retest the $66150.73 level, and once passed, it could reach the supply once again, as well.
Therefore, the interruptions on daily TF lie around $63800 and $66150. While the supports are $60278 and $56393.
Indicators show that the price trades above 50-day and 200-day EMA's, making it bullish in the long term, once again. The RSI flashed at 56.87, above the zero line, and MACD shows a bullish cross with a histogram at $658.61. Overall indicators on the optimistic side.
BITCOIN IS BACK! #CRYPTORALLYBitcoin is clearly in an uptrend after forming a double bottom. It has broken the OBV resistance, and volume is increasing. The Supertrend indicator is giving a buy signal, with a target of $72k in sight.
The correction is not over in the crypto market one yet to come Current market indicators suggest a bearish trend for Bitcoin, with technical analysis pointing to a potential correction of approximately 20% from current price levels.
Historical Context:
Examining the cryptocurrency market's performance over the past seven years reveals a notable seasonal pattern. During summer periods, the market has exhibited a bearish trend in five out of seven years, with only two years showing bullish momentum. This historical data lends credence to the current bearish outlook.
Technical Analysis:
Both weekly and daily timeframes are displaying bearish chart formations, further reinforcing the likelihood of continued downward price action in the near term.
Conclusion:
While the current analysis suggests a bearish trend, it's important to note that the cryptocurrency market is known for its volatility. Investors should approach this information as one component of a comprehensive investment strategy and conduct thorough due diligence before making any financial decisions.
Short Trade in BTCUSD !!!BTCUSD Trading near its Resistance…
Sell at CMP for Good R:R Trade…
SELL, Target and Stoploss Levels Mentioned on Chart :-)
Thanks & Regards
@VishwajeetSharma
BTCUSD Btc could test 📉 58500
if closing sustains above that in hourly then could bounce back to 📈 61600 level
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
Bitcoin near on top to short move will massive fall down60000 to 53000 bitcoin downside move possible take trade on probability not certanity.this is for bitcoin direction purpose…
SELL BTCUSD 59500, SL 60,000, TGT-57800Hello Followers,
as i mentioned earlier in 4h chart of second last post which i told that price will go up at 60,000 and price now reached at 59800 0.61% of 4H chart and rejected 2 times, and in 5m chart it also given CHOCH, if price not cross above 60,000 that means it will retracement will be in lower time frame at 57800 you can easily see low Fib. Ret. so, every time price get rejected from 0.61%.
SELL BTCUSD 59500, SL 60,000, TGT-57800
Bitcoin path possibility After intercepting the lower wedge line Bitcoin might bounce higher ,retracting again to previous support line and re-entering a wedge.Accumulating at lower area from 49000 is suitable.
BITCOIN SETUP TRADE WIH 1:5 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:10 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good buying setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good buying setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BTCUSD next move (bears are in upperhand)(12-07-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for Mid term (12-07-2024) (MID TERM)
Current price- 57200
"if Price stay below 58200 then next target is 56200, 55000 and above that 60,000 .
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of principal to follow any position.
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BITCOIN SETUP TRADE WIH 1:5 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Buy btcusd 57400, sl 56900, tgt- 60,000 ,63000Dear Traders and followers,
i just analysis that price already attempt 4th times at 58400 and already took all liquidity and reached at 59400, and create a CHOCH with blue line. bitcoin now touch its low 57070, that means last candle of Block order swept its liquidity and price is at 0.38% 57400. Why this support 0.38% 57400 because when price break this support and comes down then this price take support at 0.38% every time, so, i decided to buy and most important thing is that price will break all support so don't try to sell at any point.
for more detail about this watch my video.
BUY BTCUSD 57400, SL 56900, TGT- 63000Dear Traders and followers,
i just analysis that price already attempt 4th times at 58400 and already took all liquidity and reached at 59400, and create a CHOCH with blue line. bitcoin now touch its low 57070, that means last candle of Block order swept its liquidity and price is at 0.38% 57400. Why this support 0.38% 57400 because when price break this support and comes down then this price take support at 0.38% every time, so, i decided to buy and most important thing is that price will break all support so don't try to sell at any point.
for more detail about this watch my video. post after this post
BTCUSD broke the sell side play!On July 10, investment managers REX Shares and Tuttle Capital Management launched two new exchange-traded funds (ETFs) that enable high-conviction Bitcoin
BTCUSD
traders to double down on long or short positions with 200% exposure to BTC’s price volatility.
Sell BTCUSD at 59000, SL 59400, TGT- 53000,In this 1h chart I am seeing that 4th times attempt completed and also generated a CHOCH on 1h chart. So, in downtrend pattern when gives CHOCH in up side that means price will use their Block order at lowest point at 53000, but now today 10 Jul. 24, at point of bitcoin 57400 a support of higher low of 1h chart and it will take a support and price will go up at 59000, and comes down at may be 58000, and will go up at 58700 it will generate a lower high and lower low patter, it means price will go down. So, in 1h chart price will go down within 3 days at its lowest low 53000 and there is a block order it will hit and if take support or CHOCH generate in 15m chat than I will recommend a buy call at that point may be 53500. We will not able to buy at 53000
Bitcoin $600 Million Influx Sparks Optimism for a Revival to $60Bitcoin $600 Million Influx Sparks Optimism for a Revival to $60K
Bitcoin price noted a surge of nearly 8% in the past 72 hours indicating a sharp comeback.
The Open Interest has surged by $600 Million, reaching from $9.7 Billion to $10.3 Billion.
Bitcoin noted a sharp U-turn after and surged nearly 8% in the last three sessions. Aligning with the broader market recovery, BTC price was headed upwards to reclaim $60K. At the time of writing, Bitcoin was exchanging hands near $58.5K.
Moreover, There has been a substantial inflow of $600 Million in the Open Interest in BTC in the last three sessions. The rising open interests have sparked a bullishness among the investors and the BTC has taken a bounce back.
The price reclaimed above the 200 day exponential moving average suggesting strength in the buyers. However, the bulls need to retain this buying pressure in order to a continued recovery.
Bitcoin Regaining Investor’s Confidence
Earlier, Bitcoin noted a sharp decline after plummeting below a psychological $60K mark. BTC experienced a strong selling pressure towards the GETTEX:54K liquidating nearly $2 Billion long contracts.
However, the recent scenario seems to have shifted towards the bullish side. As per the data obtained by an on-chain analytics website app.santiment.net the recent sessions have seen a robust increase in the open interest contracts. The OI data has jumped by nearly $600 Million from $9.7 Million to $10.3 Million in the last three sessions.
Moreover, the intraday transaction volume surged by a swift 2% and was at $28.52 Billion at the time of writing. BTC dominates the cryptocurrency market with a live market capitalization of $1.135 Trillion and a dominance of nearly 53.5%.
Is It Easy For Bulls To Reclaim $60K?
The recent sessions have noted a recovery initiated by the bulls along with a rise in the open interest that reveals the confidence of the investors at the lower levels. on The higher side, the $60K may now turn as a supply and BTC price may face rejection near it.
Currently, Bitcoin stalls close to $58.5K and slowly and steadily rises towards the major $60K level. Now, if the bulls successfully retain the price above the 200 day Exponential moving average, BTC may continue to show recovery.
On the contrary, if the selling pressure rises in Intraday and the price looms, it may indicate the presence of bears at the higher levels and Price may suffer more. The RSI and SMA line displays a bullish divergence on the charts indicating a continued recovery in the upcoming sessions.
What’s Ahead For Bitcoin?
Bitcoin has made a significant recovery, surging 8% in recent sessions. With the BTC price currently trading near $58.5K, the bulls seem to be aiming to reclaim the $60K mark. A notable $600 million inflow into Bitcoin's Open Interest contracts has fueled investor optimism.
The On-chain data shows a jump in Open Interest from $9.7 million to $10.3 million, indicating investor confidence. Currently, BTC price has surpassed the 200 day EMA however, the bulls need to retain at higher levels in order for a continued recovery. However, intraday selling could signal bearish presence, risking further declines despite bullish indicators like RSI and SMA showing a positive divergence.
BUY BTCUSD 58450, SL 58000, TGT-60,000BUY BTCUSD 58450, SL 58000, TGT-60,000
as i analysis the chart of bitcoin there is BOS with a big candle and price is already in uptrend in 1H chart and price didn't touch it's 0.61% at 60,000 and price will go up at 60,000 and than comes down again at 56,000 and and also there is a block order if price take support at 56,000 i will post buy call, if 60,000 breaks than market totally in up trend i will give new post
thanks
BTC looks prepping for ATHSharing my first idea here
I think it’s a faux pax that BTC is going 0$
Seems the All time highs are not so far away!!
Feel free share your counters on it.
BTC looks prepping for ATHSharing my first idea here
I think it’s a faux pax that BTC is going 0$
Seems the All time highs are not so far away!!
Feel free share your counters on it.
