#Bitcoin Bull Flag Analysis #Bitcoin Bull Flag Analysis
The #BTC Bull flag is currently holding $60,000 price Level.
A bull flag is forming with a target lying around $1,18,000
For this pattern to play out CRYPTOCAP:BTC must be above $60,000 Level.
Note: If break $60,000 level then ready for $45000
Like/RT if you agree
BULLUSD trade ideas
BITCOIN CHARTafter a halving, bitcoin initial view is looking good, i have marked levels on the chart, which you can add to your watchlist and do your own analyses.
BTCUSD ready for upside move, exit from sell trades 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 hit
High Leverage Long for BTC63000 (specifically around 63300) or there about seems to be a very good spot now for a high leverage long.
See the line reclaim, the line has held. THE LINE HAS HELD, so far.
Assuming the line will hold, this is a spot to accumulate High leverage longs to hold to well beyond the range highs. 80K, 100K? Who knows, until the 20 SMA breaches and the momentum daily TF cools down.
Bitcoin is now bound between a channel $61k-$73k.After touching a low of $60k, Bitcoin has now bounced back taking $61k as its new support zone. However, there is a resistance near $73.2k.
A move above $73.2k would signal a price rally towards $80k followed by $100k. However, we expect the second target of $100k only to materialize towards the end of the second half (Nov-Dec) of 2024.
A move below $61k would signal a breakdown in prices and Bitcoin might mov
Bitcoin Technical Analysis & Levels - Bitcoin has recently been very sideways and volatile
- I wouldn't call it bearish since the price has been consolidating in a range and the movements are quite range bounded
- The only concern for Bitcoin, IMO is that it can get dangerous if it closes a weekly candle below 58,000$ and post that we will see more downside in Bitcoin watch that out.
- Bitcoin needs to hold the second the Spot accumulation zone or else things will get really dark
- Warning you all the worst so that you allocate yours funds accordingly and stay prepared. Everybody stays prepared for the best but nobody stays prepared for the worst because we are in generation where everybody is too outcome oriented and nobody cares about the risk on the table
#btc #bitcoin
BITCOIN FALLING STARTED AFTER NECKLINE BREAKOUT A good falling detected on bitcoin
It's showing a fall due to these reason
1. It's following a heavy sellers pressure over here in daly chat
2. It's ready to break the neckline
3. After a good. Move refreshment will occur
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
A good falling detected on bitcoin
It's showing a fall due to these reason
1. It's following a heavy sellers pressure over here in daly chat
2. It's ready to break the neckline
3. After a good. Move refreshment will occur
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
Bitcoin Bybit chart analysis April 18Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is no Nasdaq index release today.
Nasdaq Bollinger Band weekly chart center line touch section / bottom gap created
Even in Tether Dominance, the Bollinger Band's main peak did not touch the center line.
This is the position just before the uptrend.
Basically, there are a lot of variables.
Even Nasdaq showed irregular movements.
It's really difficult to keep up with the beat.
Because the movement before and after the gap retracement occurs on NASDAQ is different.
From the current location
Above or below support or resistance levels
I created a strategy in case I touch it first.
*Red finger movement path
Long position strategy
1. $60,164 long position entry zone / stop loss when breaking out of the red support line
Target price: $63,915 Primary target -> Top secondary target
*Sky blue finger movement path
Short->Long switching strategy
1. Short position entry zone at $63,915 / Stop loss when the orange resistance line is broken
2. Long position switching at $61115.5 / Stop loss when the green support line breaks away
Top primary target -> Gap secondary target
Even if there is a extreme sideways market today
From a long position perspective, it is not good to break away from the green support line.
Section 2 at the bottom is about the center line of the Tether Dominance weekly chart.
There are many risk factors, so please be careful and aim for the double bottom.
If we succeed in rebounding today
Conditions are created for a further rise after tomorrow.
If it rises along with the Nasdaq this week
There may be an uptrend again.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading/stop loss required.
thank you
BTC : BITCOIN: : FLAG + Double Top detectedBTC : BITCOIN: : FLAG + Double Top detected
The Wolf of Zurich has detected 2 chartist famous patterns :
1st is a "Double Top" , which gives a Bearish signal , and the price can reach : 58 000 - 56 500
The second signal is Bullish .
I detected an "ascending FLAG" , which is a Bullish signal;
And the the price can reach 71 200 - 73 00
Watch the EMA.200 Daily and the ICHIMOKU levels around 51 000 Weekly
be safe
Good trades
"PAKA PAKA ! "
BTCUSD important analysis On the daily chart, there appears to be a small resistance at the 70200-70300 levels. If BTCUSDT fails to break this resistance in the next 1-2 days, it might take another 10-15 days to return to lower support levels. However, once it bounces back, the bounce is expected to be stronger. This could facilitate breaking through the 73k-74k range easily, as more short positions will likely be created during this time. A massive short squeeze is anticipated.
On the other hand, if BTCUSDT breaks through the 70200-70300 resistance now, there is a strong chance it will take a breather in the 73k-74k range.
BTCUSD updateBTCUSD is in bearish pennant pattern in 1hrs TF. Considering the global cues we can expect further fall in BTCUSD till 54000 zone. Be cautious with trades.
Bitcoin Bybit chart analysis April 17Hello
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Bitcoin 30-minute chart.
There is no separate Nasdaq indicator announcement today.
After breaking out of the light blue support line, it falls significantly.
You should pay attention to the light blue support line in each long or short position.
In any case, if we maintain the light blue support line without breaking away,
Because the likelihood of it continuing to rise increases.
Is tether dominance touching the main resistance line?
I think it would be good to see if the trend continues at this point.
*Red finger movement path
Long position strategy
1. $62499.5 long position entry zone / stop loss when breaking out of the light blue support line
2. Long position target price of $65,888 -> Gap secondary target
Section 1 at the bottom is the last extreme crossing section.
Section 2 is a place where you can play around with double bottoms on the lower tail.
I hope you make good use of it by watching the Nasdaq movements.
My analysis up to this point is
Please simply refer to it and use it.
Please operate safely with principled trading and stop loss required.
thank you
My analysis on how to make 300% ROI 2024Hello guys like share and follow and lets make money together.
VHT YOUR MENTOR SIGNING OUT
BTC Suport retestedSupport at 60k retested as expected. Good pullback in great volumes (150+) with a doji candle.
BTC Support breakdownHuge support at 60-61k. BTC is being traded at major volumes at 60-61k. Support breakdown expected if it breaks 60k.
BITCOIN IN PROFIT BOOKING ZONESince the beginning of this rally,and me posting the chart of 70k the pattern forming now seems to be a terminal impulse of the 3 wave which will also mark the end of impulsive wave 3 and price is likely to fall to 61k to 57 k in coming days weeks or even months.
Since the overall trend is bullish the fall will be slower and corrective any which way you slice the cake profit needs to be booked immediately without falling in love with your positions for greater profits.
BTCUSD updateBTC just broke the channel pattern in 15mins TF and again consolidating between 63600 & 63300 in channel pattern.
Break in either side can give a good move.
Resistance 64800
Support 61800
Strictly trading call, get out if SL hits !Target 1: 64885
target 2: 65268
Stop loss: 63631
Stoch RSI is near over sell zone, can get a small bounce for targets.
Bitcoin Bybit chart analysis April 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 a Nasdaq index release tonight at 2:15.
According to recent Nasdaq variables and movements
Because the movement occurs irregularly, analysis is not easy.
It is falling without any short entry position.
As it is coupled with Nasdaq, the rebound is also occurring in a strange section.
We followed the safest strategy.
*Sky blue finger movement path
Two-way neutral
Short->Long switching strategy
1. Short position entry area of $64585.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $61897 / Stop loss when the green support line is broken
$67,101 long position primary target -> Top secondary target
Depending on today's Nasdaq indicator announcement or movement
Variables may arise.
You can ignore the short entry section and rise as is.
If the green support line breaks away from the current position
This is the place where the number 1 double bottom can appear at the bottom.
If it breaks through the top section
Because this is where the mid-term downward trend is broken.
A further upward trend may occur.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
BITCOIN BEARISH OUTLOOOKBitcoin Update: Key Alert!
Quick Analysis:
As previously highlighted, #Bitcoin remains under pressure. Staying below $67,900 has shown us there’s limited upward potential, and now it's more evident with the recent rejection from $67,000. Bitcoin is currently trading below $62,000, signaling a strong bearish trend.
Current Status:
Bearish Outlook: Bitcoin's failure to surpass $67,900 has set a bearish tone. Watch out as it now trades below $63,000, which might trigger further declines.
Support: $51,000
Resistance: $63,900 / $67,700
Suggestion for Traders
Monitor these crucial thresholds and adjust your trading plans accordingly.
Stay prepared for swift market movements.
CRYPTOCAP:BTC #Cryptocrash
