BITCOIN targets post breakout which seems to happen soonFirst target is around 104k usd (P&F) and 2nd one is around 125k usd (rounding bottom).
** This is not a trade advise but just the possible target predictions based on chart analysis.
BULLUSD trade ideas
Bitcoin push-Could it be "Buy the New, Sell the Event" ? Maybe..Using the fractel chart again as it is the most Bullish chart I have and yet, in the back of my head, in all the Euphoria of the latest crypto rush, I am feeling a warning bell in my head.
I do like to consider Both Bullish and Bearish AT ALL TIMES - that way, I am ready for all events, nearly.
Anyway, I have been going on about a pull back for ages and if we are following this Fractel from 2013-2017 ATH, then we are due one. And we aRE LATE for it.
But, apart from the Bitcoin Weekly MACD which maybe turning Bearish, PA has strength to continue pushing higher
The Fractal has a -30% pull back in it, a sharp fall that was bought back up., which we are already late for.
Now, I also have been talking about a date that is coming up in a number of charts as a date of interest. that date is 23rd January. Given a tolerence of error, that could point towards 20th - the day Trump gets appointed President.
As the media will have us understand, He is a Crypto friendly Man But who is to say that will avoid the "Buy the News, Sell the Event" type moment.
The most bullish Crypto coins have suffered sharp pull backs after "events", including BTC in the past.
So, Maybe just have this in mind and have a plan in place.
There is NO guarantee that if BTC pulls back, that ALTS will run.
I doubt I will get many Boosts on this...
But, It is a possible outcome and you are well advised to have precautions...because, at some point, BTC will begin to pull back
Get that plan ready now, it may happen on Monday
a big move is up tooa flag and pole pattern and w pattern with a clear channel accumulation and breakout waiting for US news on 20 th January. new highs can be seen
Bitcoin Bybit chart analysis january 16Hello
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This is the Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 10:30 in a little while.
In the 3-hour chart, where there is MACD dead cross pressure,
Nasdaq has a possibility of a vertical rise in real time,
and Tether Dominance has a possibility of a vertical fall from the current position.
As you can see from this week,
it just opened its mouth and went up to about $11,000, right?
Looking at the candle shape and cost-effectiveness,
I could miss the entry point, so I set a short stop loss and operated aggressively.
*Red finger movement path
One-way long position strategy
1. Pursuit purchase at $98,982 / When the purple support line is completely broken
Or when the 2nd section is touched, stop loss price
2. Top section 101,883.5 dollars 1st target -> Good 2nd target price
Since it is touching the expected support line first today, I am going to see the outcome.
The purple finger 99.7K at the top is the best short position entry point for today.
Since the 2nd section is the center line touching section of the 2-hour Bollinger Band chart
The short-term pattern can be broken,
It is best to raise it from the purple support line if possible
From the perspective of a long position.
The convergence section of the 1st and 2nd sections is a sideways market
The 3rd section is the 1+4 major support line.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you operate safely with the principle of trading and cut-off price.
Thank you.
BITCOIN BREAKING RANGEafter negating to break base now Bitcoin is trying to come out from raange of triangle but just above there is resistance whenever this will sustain above resistance and break previous high then there may be chance to go for its all time high.but now we should wait for signal to be long this is not my buy/sell call.Its my view only.
BTC futures live analysis for 16 jan 2025BTC futures chart creating head and shoulder pattern & break down is expected.
But Overview will be changed if price breaks & sustain above resistance sharp Upmove will b expected
Bitcoin Bybit chart analysis january 14Hello
It's a Bitcoinguide.
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Here is the Bitcoin 30-minute chart.
The Nasdaq indicator will be announced at 10:30 shortly.
The purple finger at the bottom left, $91,217,
maintained the position after entering the long position yesterday,
and connected today's strategy.
Also, Bitcoin is currently
in the process of a 12-hour + daily chart MACD golden cross,
but
it is watching the Nasdaq while the candle is overlapping the 12-hour Bollinger Band and the center line of the daily chart.
*One-way long position strategy when the red finger moves
1. $95,811.5 long position entry section / When the purple support line is broken or
When the bottom section is touched, the stop loss price
2. $99,966.5 long position 1st target -> Good -> Great in that order
I marked the 1st section with the purple finger at the top. Because I calculated that there will be an adjustment in Nasdaq,
If Bit touches section 1 first,
The probability of success of today's strategy increases.
Cut the loss in section 1 and operate an autonomous short position.
If the strategy is successful, you can use it as a long position re-entry section after tomorrow.
The orange resistance line at the top and the bottom sky blue support line convergence section are sideways sections.
Also, the current position is in the Bollinger Band 12-hour chart, and the daily chart's center line
The candle is breaking through.
Since it is the second touch, not the first,
I expected an upward trend,
and the reason I set the target price at Top is
It is difficult for one candle to touch the center line -> resistance line at once on the daily chart.
Lastly,
in the case of the current Bitcoin and Tether Dominance,
since the 5-minute chart support line or resistance line was not touched,
I bet on a vertical rise as the Tether Dominance vertically declined
and the Bitcoin 12-hour + daily chart MACD golden cross was imprinted.
The Nasdaq movement will be important today as well.
Up to this point, I ask that you simply use my analysis for reference and use,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
Bitcoin 1D Commentary and Bull Run Technical Analysis - Bitcoin is currently trading at 99,779$
- Bitcoin kept behaving choppy and the Price Behaviour was very sluggish in January
- We saw BTC printing a candle 4000$, which helped BTC cross 100,000$ after a long time.
- Coming back to the current Price Action of BTC we are currently trading at a crucial zone and if we flip a weekly candle close above 102,686$ then the Market structure will change to Bullish
- However, if we do not close above 102,000$ then we can see BTC revisiting 85,000-90,000$
- Trump's inaugural is due next week and will bring in a lot of volatility.
- I am leaning more on the Bullish side, however, if we don't see supporting Macros then we might have a rough time chopping out and getting distributed the whole month.
SHORT $BTCUSDShort BITSTAMP:BTCUSD
Targets 94970, 92960
Risk at 97400
Disclaimer mentioned in previous posts. Please refer to that before trading.
Head and Shoulders Pattern with Key Price LevelsThis chart illustrates the classic Head and Shoulders pattern, a key reversal indicator. The formation includes a Left Shoulder, Head, and Right Shoulder, which suggest a potential market reversal. Notable price levels such as the 1W High and 1W Low, along with support and resistance zones, are highlighted for further analysis and trade decision-making and a fake breakdown forming a wick
Bitcoin following 2013-2017 ATH Fractal UPDATE
Welcome to the latest update
I have been posting this idea for a long time now and it is still playing out and I am so pleased to see some respected Crypto people now saying the same.
To recap
Bitcoin Fractal anchored at the 2021 Nov ATH - some people do not like to use that ATH as a real one as there are many reason why they consider it a False one...But I use it as most BTC ATH are in End of year months and it was very simply THE ATH of that cycle. It was the highest point.
And as you can see, Current PA has followed it (all be it with a certain tolerance of error)
The 2022 period was hard for BTC as we know and so the PA was driven lower but Still survived.
We can also see how it took some time for confidence to return fully but.. Here we are now, since Q3 2023, following it again Spot on.
And if we are going to continue to do this, we need that -30% Pull back as seen on the Fractel. And we do need it.
Weekly MACD is currently turning Bearish and if we want to get to a new ATH in 2025, that MACD needs to be coming off Neutral at best.
Should PA Avoid that pullback, and Range for 6 months again, it will begin to fall under the fractel. I am not sure if that is OK or not but given that we have been Above it since Jan 2023, It is not something that would give me confidence.
So, for me, I am cautious, waiting / hoping for a Drop that would be swiftly bought back up
BUY THE DIP
But then, there will come a day where we no longer follow that Fractel because, as Fantastic as it would be to follow to the top and Get a $1.3 Million BTC, I do not think it is something we should expect just yet
But then, This IS Bitcoin
Anything can happen
Be safe
Bitcoin's Range Game: Stuck Between 90K and 100KThere's a clear resistance level at $100,000 (red horizontal line)
Three recent rejections from the $100K level (marked with red circles)
We have a support zone around $90-92K (marked in green)
The market has been making higher lows since November, indicating an overall bullish trend.
Recent price action shows formation of liquidity pools above $100K
Multiple attempts to break $100K suggest accumulation at these levels
The quick rejections from $100K could indicate stop-loss hunting by larger players
Volume profile (shown at bottom) indicates decreased volume during recent moves
Short-term (1-2 weeks):
Likely consolidation between :92 K-100K range
$100K remains a significant psychological resistance
Watch for false breakouts above $100K which could trap retail buyers
Mid-term (1-3 months):
Bullish bias as long as $90K support holds
Potential for a decisive break above $100K after sufficient accumulation
Key to watch institutional flow and spot market demand
Long-term (6+ months):
Overall structure remains bullish with higher lows
$100K level likely to be broken after sufficient consolidation
Major support zone at $90-92K needs to hold for continued uptrend
Key levels to watch:
Major resistance: $100,000
Current support: $92,000
Critical support: $90,000
Bitcoin Bybit chart analysis january 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.
This is the Nasdaq 30-minute chart.
There is no separate indicator announcement today.
According to the daily support + weekly central line rising pattern,
I bet on entering or switching a long position at the bottom of 20.4K.
There is a possibility of extreme sideways movement without touching the entry point,
so you must check whether it touches the weekly chart central line near 20.4K.
I just applied it to Bitcoin.
This is the Bitcoin 30-minute chart.
After the 94.5K Gap reversal in the morning,
4+6 MACD dead cross is in progress,
unlike Nasdaq, it is in a strong vertical decline.
In the current situation,
except for the weekly chart MACD dead cross,
there are no special danger signals,
and
Bollinger Band 6-hour chart resistance line->6-hour chart support line is being touched.
*When the blue finger moves,
it is a two-way neutral
short->long switching strategy.
1. 92764.5 dollars short position entry point / cut-off price when orange resistance line is broken
2. 91217 dollars long position switching / cut-off price when purple support line is broken
3. 93.4K long position 1st target -> Top 2nd target and then target price in order
While writing the analysis, the long position switching point
91.2K was touched in real time, so please refer to it.
To explain briefly, depending on the movement of Nasdaq,
it will probably be either the sky blue finger 91.2K long or the bottom 1 89.K long.
Today, it is in a downward trend as it touches the final 6-hour chart support line.
The bottom 1 section is the 12-hour, daily chart support line touch point.
From this section touch, the downside is open,
and a strong downward trend can continue,
so you should be careful in the long position position.
A similar situation is unfolding to the analysis article I left last week on the 9th.
In the case of touching 91.2K first without touching the sky blue finger 92.7K short entry point at the top,
rather than entering a long position right away,
you should use whether you touch the short position entry point at the top or the 5-minute trend reversal.
Today, the purple support line is also the last mid-term uptrend line.
Since it is also in an upward trend in Tether Dominance,
it needs a justification to fall.
In the current trend situation, you need to see if it is swept right away.
(In the case of Bit, which moves in the opposite direction, it skyrockets without adjustment)
The point is that the 1st section at the bottom is
*If a rebound is successful in the daily support + weekly center line pattern position on Nasdaq today,
it is possible that a rebound will occur at the 1st section at the bottom.
In the case of Bit, since it continues to fall vertically without touching the resistance line,
the 4-hour and 6-hour chart MACD dead cross is perfectly imprinted,
and the movement after 9 o'clock when additional candles are created is important.
Please refer to it in real time and operate well.
Up to this point, I ask that you simply refer to and use my analysis,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
BTC Breakdown: Inverse Cup & Handle Targets 82,970 BTC has broken below the support level, forming an inverse cup and handle pattern. The downside target, as per this pattern, aligns with 82,970, which also corresponds to the 2.618 Fibonacci extension.
Bitcoin : H n S Pattern $75000/- (Bearish)Sell Bitcoin below 91350 stoploss 98950 tgt 88615, 84750, 80500, 73600
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
BITCOIN STARTED BREAKING SUPPORTAs seen in this chart falling triangle pattern base line is voilated if it is sustaind bellow base of triange then there may be bigger correction as it is trying to form HEAD & SHOULDER PATTERN.this is my view not buy or sell call.
Red lines as resistance
Green lines as support
since november bitcoin trying to protect this base so be carefull at this level.
**Scenario for BTC**1️⃣ **Fundamental analysis:**
📊 Nonfarm data last weekend was good for the USD and impacted the interest rate cut policy. It is likely that we will have to wait until June for the next interest rate cut.
📉 Current market sentiment is affected by this information, plus the recent sharp increase in BTC price has made many people doubt the momentum to continue to increase to a higher price range. Therefore, the increase has temporarily slowed down.
2️⃣ **Technical analysis:**
🔹 **Week frame:** Last week closed not very optimistically when the price reacted badly at the resistance zone of 101k~104k.
🔹 **Frame D:** The price structure is also not good when there are 2 peaks with the latter peak lower than the previous peak. The price is approaching the support zone but there is no clear reaction, it is likely to adjust to a lower support zone.
🔹 **H4 frame:** Based on the Zigzag line, we can see the classic head-and-shoulders pattern. At this time, we should not catch the bottom when the price has created a lower peak, showing that the market sentiment is no longer interested in the possibility of BTC's price increase.
3️⃣ **Trading plan:**
✅ If you have a **SELL** order in a good position, congratulations! 🎉 You can absolutely wait for a better profit when BTC is likely to break the current support zone to reach the next support zone of 85~86xxx.
⛔ **Absolutely do not BUY** at the present time, when the price structure shows a short-term downtrend.
💪 **Wish you successful trading!** 🚀
BTC buying opportunity with small SLBTC has recently given a great move towards the up side . Looking at this move, there is a high chance of buying from here. Here the stop loss is small but the target is very big, so it will be fun to plan this trade.
BITCOIN ElliottWave for Y2025The current market phase appears to be in the final stages of a significant uptrend, with Bitcoin reaching a potential peak near $108,000. This aligns with the completion of the 5th wave in Elliott Wave theory. After this peak, a corrective phase is anticipated, which could result in a retracement of 50% or more from the top.
Key levels to watch during the correction are marked by Fibonacci retracements:
86k (23.6% retracement): Initial support zone.
72k (38.2% retracement): A critical level where a bounce could occur.
61k (50% retracement): A psychologically significant level.
51k (61.8% retracement): A deeper correction target.
The market may form a reversal pattern during this corrective phase, with potential sideways or downward consolidation lasting through 2025. Traders should remain cautious and watch for confirmation of trend reversals at these levels.
#BTCUUSD #bitcoin
Bitcoin ready for upmove Avoid sell until recent low 91500 breakDisclaimer -
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 :-
Orange/ Green / lines are work as support/Resistance.
Blacks lines are Support/ resistance based on previous important low and High level
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Todays Bit coin chartBitcoin took exact rejection from the demand zone and reaching the target of supply zone .
We trade when price reaches a key zone, observe the behavior of price and then take in the direction of price so here it took rejection so we initiated a buy trade keeping target of supply zone .
Bitcoin near Cycle Top ? Or is it really different this time ?I am a man that likes to look at Both sides of a Story, even more so when it involves trading with with large or small amounts of money
And I am even more carious with Bitcoin this Cycle.
The Adoption of Corporations that can Buy and amass large amounts of Bitcoin is Highly likely to change how Bitcoin works. So many "Experts" deny this.
And the proof that this is or not happening, is simply by looking at the Price Action, past and present.
That is what I do almost everyday since 2015 and charting it here on TV for the last 6 years.
And I have found THIS last night.
And I have to show you and explain this.
** The Figures in the Logarithmic chart below are approximate and yet near enough to accurately reflect the idea I am about to present.
This chart is Bitcoin PA since The LOW of November 2009
From that Low to cycle ATH is A and the same principle is applied to the following Cycle Low to ATH.
The Data shown is the % difference between a cycle Low to Cycle High as compared to the previous cycle.
For example. Cycle B was 95.8% smaller than Cycle A
As we can easily see, as BTC increases in price, it becomes harder to make PA move higher. More money is required and so that "ATH point" Arc becomes Flatter each cycle.
As a result, the Negative % difference is reduced each time.
And we are near that ball park now in 2025 at - 73.2%
The average of the previous 3 cycles is - 84.7 % - the first was an exceptional year and so if we remove that, we have an average of - 79,1 %
But I am looking at the simple fact that we went from - 80.1 % to - 78.2 % in 2 cycles, that are in a channel that PA has been in ever since 2014 ATH. ( I have explained this channel in other posts )
That is a - 2.1 % change and so if we apply that to the previous -78.2 %, we may expect a final figure of - 76.1 %
This still Gives PA some room to move before a final ATH - POSSIBLY
Some are Expecting a 200K figure for this cycle ATH.
If that happens, it would destroy this pattern and be a -40% difference to the previous cycle.
What is VERY important to understand here is that, if we do make it over 120K, it does begin to make things Different.
And the higher we go, the Bigger that difference to the Pattern we all now accept as the default 4 year cycle.
So, in conclusion, there is a very real possibility that we have reached cycle Top, or very near, in 3 years.
We did this in 2021 with a March ATH but we all now know, we went to November 2021 before the final ATH was reached, sticking to the 4 cycle and Keeping that % Different model explained above.
If that happens again, we will not see another ATH till later in 2025 and even then, it will not be a lot greater than the last, repeating what happened in 2021.
BUT - we do not know the impact of Corporate usage yet.
Should this drive us over and beyond the 120K Mark,Things Will be different and then, referring to the past could be prone to error.
THAT would be True Price discovery.
This is all numerical FACT as can be seen on the chart
My personnel opinion is that we do have more to come this cycle but maybe not till later in the year. It depends on market sentiment and that is likely to be Cool if the USA FED refuses to lower interest rates further this year,
The First FED meeting of the year is 28 29 Jan
We may be near a "Classic" cycle Top, and we may well be on the edge of creating a New Cycle pattern
We may not.
Only Time will tell and YOU need to make plans for Either reality
Trade Safe, be cautious and LOVE LIFE
