Buy BTCUSD 70100, SL 69800, TGT- 70800Buy BTCUSD 70100, SL 69800, TGT- 70800 Price has been given choch in 1H yesterday and took a Block order at 69200 and price going up with a support of 69800, so price will go up at 70900 and there is also a choch. and S/RLongby Forex_RajGuru1
Bitcoin Bybit chart analysis May 21Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no NASDAQ indicator announcement. Nasdaq upward and sideways protection strategy We created a strategy based on the possibility of a vertical decline in Tether dominance. *Red finger movement path Long position strategy 1. $70947.5 Long position entry zone / Stop loss when breaking out of the green support line 2. $73151.5 long position 1st target -> Good 2nd target -> Great 3rd target In the case of Great, you can check it by dragging the chart. Section 1 marked at the top is The more you touch, the better it is. You can shoot hard right after touching it. Even when considering the profit/loss ratio, rather than shorting unreasonably Going long seems to be advantageous. Section 2 at the bottom is where the short-term pattern is broken. If it is pushed back, the next support line becomes Bottom. My analysis up to this point is for reference only. I hope you operate safely with principled trading and stop loss required. thank youLongby BitCoinGuideUpdated 2
BTCUSD GANN WEEKLY ANALYSIS FOR 22 MAY 2024...BTCUSD has made an new All Time High at 73794 on 11 Mar 2024 weekly candle. The recent major swing low was at 15479 on 21 Nov 2022. Its been a fantastic rise to the new all time highs thereafter. Recently we have attempted to make new highs on 08 Apr 2024 a month after the 11 mar 2024. Again another attempt is being made now at 71958 in this weekly candle. The level on downside to watch was 61403. This level was hit many times in recent past 04 Mar 2024 , 18 Mar 2024 , 08 Apr 2024 , 15 Apr 2024 and 29 apr 2024 with swing low at 56500. This level responds to one of Gann Squares perfectly which gives further levels of 67500 and 78750. On charts the level of 72979 is important. Above which we may go on the next level of 76957. We have a weekly time cycle date coming in at 22 Jul 2024 which will be interesting to watch where we make a ATH till that time. Will it a big dash on the upside needs to be watched. Happy Trading !!! N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.by kbr91219653
BTCUSD - BITCOIN AT MAKE OR BREAK LEVELS ?Symbol - BTCUSD Bitcoin has climbed higher in recent months on enthusiasm and demand generated by the nearly dozen spot bitcoin ETFs that were approved in January, as well as crypto's next 'halving' event and the prospect of Fed rate cuts this year. But Fed rate cut expectations have been dialed back significantly amid hotter-than-expected inflation prints, which means central bankers look poised to keep rates higher for longer to fight inflation. Markets are now pricing in the fact that the Fed will only cut rates two times or less this year (as of now), according to the CME FedWatch tool. BTCUSD CMP - 62,000 Bitcoin is currently trading & consolidating in a wide range of 61,000 - 72,000 levels. Currently bitcoin is trading at lower range of this channel which is around 61,000-62,000 level. 60,000 is make or break level of Bitcoin as of now. Bitcoin has to sustain above 60,000 - 61,000 for any further up move. On breakdown of these levels, We may see bitcoin coming back to 52,000 - 50,000 levels. On sustaining 60,000 - 62,000 levels and moving up, we may see Bitcoin moving up to 85,000 and even 1,00,000. For me, Sustaining and moving up/breakout scenerio is likely. So I'm taking positional long positions in BTCUSD at CMP 62,000 with SL below 60,000. Incase BTCUSD breaking below 60,000 sustaining & closing below it. I'll close my long position & then I'll look to short it with SL above 62,000.by akshit_officialUpdated 42
Bitcoin Bybit chart analysis May 20Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. I thought a lot about whether or not to chase it up, but Today, we will proceed safely without overdoing it. Possibility of a correction in the Nasdaq crisis Because the beat pattern is broken I thought there was a high possibility of a sideways movement and ended with an upward rebound. *Red finger movement path One-way long position strategy 1. $66,264 long position entry zone / stop loss when breaking out of the green support line 2. $68,095 long position 1st target -> Top 2nd target -> Good 3rd target Because the present is the last short entry position. When maintaining the purple support line without breaking away There is a possibility of vertical rise to the top or higher. For those who are short, if it breaks the pink resistance line, it will be a big problem, right? The green support line is where the pattern recovers. This is a place where there must be a rebound. From section 1 at the bottom, the pattern is broken. Please note that there is a possibility of further decline after tomorrow. My analysis up to this point is Please simply refer to it and use it. I hope you operate safely with principled trading and stop loss required. thank you Longby BitCoinGuideUpdated 5
Bitcoin BTCUSD sell trade active we can see huge fall in few dayOn Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1
Bitcoin Bybit chart analysis May 17Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. Nasdaq is moderately trading sideways. Subject to vertical decline in Tether dominance I created today's strategy. At the bottom left is the entry point for yesterday's long position. I proceeded by connecting Purple Finger's $65,426 as is. *Red finger movement path One-way long position strategy 1. $66147.5 long position entry zone / stop loss when breaking out of the green support line Long position 1st target Top -> 2nd target Good -> 3rd target Great When reaching the 3rd target during the weekend The medium-term downtrend line will be broken through. After touching the resistance line on the 5-minute chart in Tether Dominance The vertical drop must be connected, MACD deadcross on the 4-hour chart was ignored. Section 1 at the bottom is guaranteed to be extremely lateral. Section 2 is the 1+4 major support line. We must support unconditionally in section 2. Lastly, please pay attention to Nasdaq variables. Key resistance prices at the top and bottom of the chart, I left the support price, so I think it would be good to use it. Please note that my analysis up to this point is merely for reference and use. Please operate safely with principled trading and stop loss required. Thank you for your hard work this week. thank you Longby BitCoinGuideUpdated 6
Bitcoin Technical Analysis- Bitcoin is currently hovering around the zone of overhead supply - Bitcoin can keep consolidating or move sideways here and that's going to help Bitcoin throw up or shoot up big - If Bitcoin gets rejected from here we can see an easy retracement to 65,000$ and then continue to move up - Avoid leverage like I always say and try building/holding positions in spot - Spot will save you from volatility much better than leverage if you still want to use leverage don't go beyond 2-3XLongby VKtradesimbalance6
BTCUSD 4HR4hr resistance area... So Sell SL maintain. Support resistance bass trading plan. Happy Trading. Thank you.Shortby Tamiltry6
#BTC/USDT Poised for Another Retest: Key Levels to Watch#BTC/USDT Analysis: Bearish Divergence and Decreasing Volume Indicate Potential Retest Levels #Bearish Divergence A bearish divergence occurs when the price of an asset is making higher highs, but the underlying technical indicator (in this case, the Relative Strength Index, or RSI) is making lower highs. This discrepancy suggests that the bullish momentum is weakening and a potential reversal or pullback could be on the horizon. For #BTC/USDT, we've identified a bearish divergence forming on the daily chart. Despite Bitcoin reaching new highs, the RSI is not confirming this upward movement, indicating that the buying pressure is not as strong as it appears on the surface. #Decreasing Volume In addition to the bearish divergence, we are also seeing a significant decrease in trading volume. Volume is a critical indicator of market strength; decreasing volume during an uptrend suggests that the momentum is fading. This declining volume trend can signal a lack of conviction among buyers and potentially foreshadow a price reversal or retest of lower support levels. #Potential Retest Levels Given these technical indicators, it is likely that BTC/USDT might take a retest at certain key support levels: 1. **Retest Around $63,500** - This level has previously acted as a strong support, and if Bitcoin's price retraces, it is likely to find initial support around this area. If the price manages to hold at $63,500, we might see a bounce-back, providing traders with a potential buying opportunity. 2. **Retest Around $61,000** - If the $63,500 support does not hold, the next significant support level to watch is around $61,000. This level has historical significance and could act as a strong support. A retest around this level would provide a crucial juncture for BTC/USDT, determining whether it will consolidate or continue its downward trend. #Trading Strategies - **Cautious Approach**: Given the bearish divergence and decreasing volume, traders might consider a cautious approach, reducing their positions or waiting for confirmation before entering new trades. - **Stop-Loss Orders**: Setting stop-loss orders just below the identified support levels ($63,500 and $61,000) can help mitigate potential losses in case of a further downturn. - **Watch for Confirmations**: Look for confirmations such as bullish reversal patterns or increasing volume at support levels before considering long positions. #Conclusion #BTC/USDT is currently showing signs of potential weakness with bearish divergence and decreasing volume. Traders should be prepared for possible retests at $63,500 and $61,000. Monitoring key technical indicators and market sentiment will be crucial in making informed trading decisions during this period. by crypto_vulture_signals1
BTCUSD Daily closing below 65867 then 📉 📉 to 62045 marked on the chart Any Daily closing above 67438 then bullish 📈 📈 📈 77500 65867 could act as a support, so until it breaks and closes below then only 📉 📉 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.by Kilopapa1
Btcusd short possible Institutional entry by Manpritfx Sell btcusd at price 66848 Stop loss 67548 (70 pips) Target 64809 (204 pips) Risk reward ratio 1:3 Small lot size recommended Balance 100 usd then use 0.01 lot Balance 200 usd then use 0.02 lot Open a sell trade and thanks me laterShortby ManpritSingh07861
BTCUSD again ready for fall On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader2
Bitcoin Price: Is a $70K Milestone in The Loop Amid CPI Data?Bitcoin Price: Is a $70K Milestone in The Loop Amid CPI Data? According to The Block, Spot Bitcoin ETFs have experienced a significant influx of funds, with a $302 million investment surge spearheaded by Fidelity's FBTC. As per data by Lookonchain, a whale accumulated 102 BTC worth of $6.72 M adding to a total of 3,385 BTC since march. Yesterday's inflation report from the U.S. sparked optimism across the market, leading to a significant rally in major cryptocurrencies. Bitcoin, the leading digital currency, experienced a notable 7.50% increase, reaching $66,350 and breaking through the key $65,000 threshold. Additionally, the release of milder-than-expected U.S. CPI figures prompted widespread short covering, resulting in a sharp uptick in the cryptocurrency markets. The Consumer Price Index (CPI) data indicated a 3.4% increase, slightly down from the 3.7% figure published in March by the U.S. Bureau of Labor Statistics (BLS). Looking forward, the question arises: Is this a definitive trend reversal for Bitcoin, or merely a temporary surge? Let's have a closer look on all these taking into account all the other metrics. Bitcoin ETFs Inflows Hits Record 2-Week High! Bitcoin Exchange-Traded Funds (ETFs) have recently seen a substantial influx, with investments nearing $303 million, equivalent to 4600 BTC. FINAL 5/15 U.S. Bitcoin ETF inflows of +$303 million (4,600 BTC) pic.twitter.com/dAX2mcgGe8— HODL15Capital 🇺🇸 (@HODL15Capital) May 16, 2024 Following a 7% increase in Bitcoin's value after the release of U.S. inflation figures, Bitcoin ETF inflows reached a two-week peak. Fidelity's FBTC led the charge with a $131 million investment, marking its most significant influx since March. In addition, Bitwise's BITB experienced an $86 million investment, while BlackRock's IBIT did not record any new investments for three consecutive days. These developments suggest an emerging demand that could potentially elevate Bitcoin's price beyond the $70,000 mark. This whale bought another 102 CRYPTOCAP:BTC ($6.72M) 8 hours ago.He has accumulated 3,385 CRYPTOCAP:BTC ($232.15M) since Mar 6, with an average buying cost of $68,579.At the current price, there is still a loss of $8.08M.Address:bc1qag725vjxxpkkl5gshfkye9xn4p5vklrlhgkw5w pic.twitter.com/k3HbqBDj3g— Lookonchain (@lookonchain) May 16, 2024 Moreover, data from Lookonchain indicates that a significant Bitcoin investor, identified by the address bc1qag725vjxxpkkl5gshfkye9xn4p5vklrlhgkw5w, has purchased an additional 102 BTC valued at $6.72 million. Since March 6, this investor has amassed a total of 3,385 BTC, worth approximately $232.15 million, with an average purchase price of $68,579. This activity underscores a robust buying trend among large-scale Bitcoin holders. Bitcoin Price Outlook: How hard Is It Bulls to Conquer $70,000 Mark? The softened inflation figures have provided some relief to investors, as Bitcoin has shown resilience against further declines. Nonetheless, the path upward appears challenging, with the price persisting within a parallel channel pattern evident on the daily chart. The recent price movements indicate that Bitcoin has bounced back from the channel's lower edge and is now ascending towards the upper edge. It will be intriguing to observe Bitcoin's behavior upon reaching this upper limit. Should Bitcoin break through the channel's confines, it could confirm the onset of a bullish trend, potentially propelling the cryptocurrency to unprecedented highs. Conversely, if Bitcoin struggles to breach the upper edge, it could be a precursor to further corrections in the near future. Conclusion. Yesterday's U.S. inflation report, showing a CPI increase of 3.4%, sparked market optimism and led to a rally in cryptocurrencies, with Bitcoin rising 7.50% to $66,350. This surge surpassed the psychological level of $65,000 level. Moreover, Bitcoin ETFs also saw a major influx of nearly $303 million. Despite this, Bitcoin's price movement within a parallel channel pattern suggests uncertainty. If Bitcoin breaks above the channel, it could signal a bullish trend towards new highs. However, failure to surpass the upper boundary might indicate impending corrections. Longby Ritika_TCR112
Bitcoin Support&Resistane levelsObserving a downward channel pattern in the 4-hour timeframe for Bitcoin, with a breakout and subsequent retest indicating a potential continuation of this pattern. Based on this analysis, anticipate immediate resistance levels around 66500 to 66800 to be tested. Additionally, if you measure the length of the channel, it's approximately 8000 points, suggesting a potential continuation of this pattern. it appears that Bitcoin may continue its downward movement in the short term, with resistance levels around 66500 to 66800 being important areas to watch for potential price action. However, it's essential to consider other factors such as market sentiment, news events, and broader market trends that could influence Bitcoin's price movements. Additionally, risk management strategies should always be employed when trading or investing in volatile assets like Bitcoin. Immediate Resistance Levels (66500 to 66800): These levels are crucial as they represent areas where selling pressure might increase, leading to potential price reversals or consolidation. Traders could consider short-term selling opportunities or profit-taking strategies if Bitcoin approaches these resistance levels. Keep a close eye on price action around these levels for signs of bullish exhaustion or strong selling pressure. Support Levels: Identify key support levels within the downward channel where buying interest might increase, potentially leading to temporary price bounces or reversals. Previous swing lows, psychological price levels, or Fibonacci retracement levels could serve as potential support zones. Traders could consider initiating long positions or scaling into existing positions near these support levels, with appropriate risk management strategies in place. by rakeshreddymUpdated 4425
Bitcoin Bybit chart analysis May 16Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is an indicator announcement at 9:30. After first touching the lower Bollinger Band, It's going sideways. On the signal, before and after the MACD deadcross on the 2-hour chart The position is a bit ambiguous. Because it is a position with a high possibility of sideways movement. Today, we will operate safely without greed. *Red finger movement path Long position strategy 1. $65,426 long position entry zone / stop loss when breaking out of the light blue support line 2. $67681.5 long position 1st target -> Good 2nd -> Great 3rd target In the case of Tether dominance, depending on today's movements The mid-term downward pattern may be broken. The beat should be stronger than the top section. It is possible to break the mid-term downward pattern. If the purple support line is maintained, Strong rising section Section 1 is a section that traverses downward to the right. If possible, within the green support line without touching this section. It would be good if you protect it. Please keep in mind that my analysis up to this point is merely for reference. Please operate safely with principled trading and stop loss required. thank you Longby BitCoinGuide222
Bitcoin Bybit chart analysis May 14Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There are two Nasdaq indicator announcements tonight at 9:30 and 11:00. Powell's speech is at 11 o'clock. There appears to be some movement. Also, the sudden rebellion of the afternoon beat? As the decline occurred once, I was really worried. When I looked at the movement yesterday, I finally saw an upward movement. My current position is a double-edged sword. Also, some patterns are broken due to the afternoon movement. Because 4+6+12 MACD deadcross is in progress. There is a possibility of a sharp decline or a gap reversal at the bottom. It is a very high position. From my point of view, it is a very disappointing position. The same goes for Nasdaq movements. I decided that it was too early to give up, so I hesitated. Anyway Unless there is a gap retracement today There are conditions for it to rise again in the medium term. When looking at Tether Dominance, from the current location The beat is a bit difficult to short. (There was no clear short position after the vertical decline) Everyone knows that it is a place where there is a long wait in the Gap section. I feel uneasy because it seems like it will go up if we ignore it... This is the strategy for that part. *Sky blue finger movement path Two-way neutral Short->Long switching strategy 1. Short position entry zone at $62432 / Stop loss when the orange resistance line is broken 2. Long position switching at $61594 / Stop loss when the green support line is broken At the top, $63,147 long position 1st target -> Top 2nd -> Good 3rd Today, if we just maintain the green support line without breaking away, It's the best If the strategy is successful, the likelihood of a strong rise after tomorrow increases. When adjustments are made immediately at the current location Please refer to the support line indicated at the bottom. at the current location The highest probability is Gap retracement -> The next one is $59,164. I hope the strategy is successful based on the daily candle tails. Why am I so obsessed with this section? Please refer to the video later. Of course, without leaving the purple parallel line. There may be a strange rebound, but Because the NASDAQ variable or probability is very low We proceeded realistically. Because tomorrow is a holiday, If you drag the chart up and down, I have also left you with the main support and resistance prices. I think it would be a good idea to check it out. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank youby BitCoinGuideUpdated 222
Little 4H PossibilityBTC has been respecting the 4H for a bit. Maybe we see something like this play out over the next 1-2 months. Bull 5-8 months after halving is my guess. But remember, just as quickly as it recently crossed the 4H 200 EMA, crypto can do full 180s as we all know. Should be exciting as always :)Longby Wayez332
Bitcoin - Ready for 1 LAC ++ Price A breakout in Inverted H&S and a Flag Pattern being created. Breakout of inveted H&S leads to 75K above tht it breaksout from the flag pattern as well. making a target of 102K. Longby Nimble_Pesos110
BITCOIN SHOWING A GOOD FALL FOR SHORTTERM TRADER A good falling detected on bitcoin It's showing a fall due to these reason 1. It's following THE 15 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for moreShortby tradergyan01Updated 17
the Bitcoin asset price could bounce backThe BTC after the rally, had ended up in a wedge. However, Bitcoin has revealed a sign of recovery as the price has spiked from the wedge's bottom trendline and has been consolidating at a crucial support level of around $60,000 on the daily chart. If the BTC crypto manages to surpass the wedge's above trendline with a thrust, it could set for a colossal surge, which could end up in the breakout of the falling wedge. This would gear up the rally to crack the resistance level (like $65,480, $67,500, and $72,470) and could also rocket to new peaks. At press time, the BTC crypto is experiencing a fall of -1.70% in the last 24 hours, trading at $62028.3. Therefore, if the demand rises, then the Bitcoin asset price could bounce back from the current level. However, if the BTC crypto price fails to stay above the $60,000 price level, it could start to decline further and could attempt to lower toward the major $50,000 support level. Longby Sam_TCR0
Bitcoin Bybit chart analysis May 13Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. A section where everyone can be scared due to last week’s decline. I reached a similar position again. Let me summarize it simply and clearly. Based on Bollinger Band 4-hour chart If you look at the section that fell vertically in the candle on April 30th, It’s similar to your current location, right? The other part is the signal, daily chart Bollinger Band after 2nd and 3rd touch. The center line trend direction is different. With the movement last Friday, All conditions for ascent have been created. Instead, there is a candle tail shape on the left. 30-minute, 1-hour, 2-hour charts Ichimoku Balance Table Yangun When looking at the thickness When it breaks away from the purple support line It's a crash. Because it is also viewed as upward on Nasdaq. If you are overwhelmed in a battle of momentum, you will decide that you cannot make a profit. I set a short stop loss and operated aggressively. *Red finger movement path Long position strategy 1. $62526.5 long position entry area / stop loss when breaking away from the purple support line 2. $64,418 long position primary target -> Top secondary target I thought a lot about whether to pursue it or not. Based on the current Bollinger band From 9 o'clock, when additional candles are created for the 6-hour and 12-hour charts, A movement that cannot be overcome by a single candle Because a breakout is possible from additional candles You can view it as a strategy for rising waves after 9 o’clock. Section 1 at the top is angled upward to the right. Number 2 at the bottom is toward the right. Below that, Gap -> Section 3 is a safe support line with an intermediate perspective. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank youLongby BitCoinGuideUpdated 3
#BTC/USDT Bulls Gather Momentum: A Potential Price Surge AheadThe #BTC/USDT pair has recently undergone a significant event, testing a key trend line and subsequently bouncing from it. This bounce has coincided with the formation of a bullish divergence, indicating a potential trend reversal and the beginning of a bullish phase for Bitcoin. The current price action suggests that #Bitcoin is now poised to retest three critical resistance levels at $62600, $67200, and $71000. If these levels are successfully breached, it could pave the way for a move towards the $85,000 target. The successful breakout above these resistance levels would confirm the strength of the bullish momentum and could attract further buying interest from traders and investors. However, it's important to monitor the price action closely, as failure to break above these levels could lead to a continuation of the current consolidation phase.Longby crypto_vulture_signals0