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BTIC on Bitcoin futures against APAC Close (Bitcoin Reference Rate APAC - BRRAP) (May 2024)

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ABBK2024 trade ideas

BITCOIN BTC on CUP & Handle Pattern | Target 1,21,00 $As per Technical analysis on weekly timeframe on BTC. I think BTC might go in an upward direction CUP & Handle pattern formation found. Now, BTC at 70000$ Also, Check my previous BTC target at $70,000 Keep Using SL and always remember below points Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary. Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.
CME:BTC1!Long
by NaveenTTR
BTC UpdateA new CME gap has formed around $67,630. Currently, there are two nearby gaps at $67,630 and $63,550. It's worth noting that approximately 90% of CME gaps tend to be filled sooner or later, whether it's within a week or a month. Keep this in mind. Regarding BTC, I anticipate it will touch the upper trendline of this symmetrical triangle or even surpass it, but it could be a fake out. There's a possibility of rejection around $74k or $75k, at which point I'll be looking for short trades. Following that, BTC may proceed to fill both CME gaps entirely and prepare for new all-time highs within the next six months.
CME:BTC1!
by Rushilism
BTC LongOld Short-Trade Update and Long-Term Plan: The CME Gap is anticipated to be filled at 64,210. I have closed 80% of my short position at 65,551 and am now planning to initiate buying orders. Key levels to monitor include 64,210, 63,411, and 61,051. As for the stop-loss, it remains undetermined at this stage, and I will provide updates upon closing my positions. While this move is expected, there is a possibility of further downside, so it's crucial to trade cautiously and at your own risk. Riskier Short Trade: There's a chance it will descend from 68,400. I will be looking for one final short trade from that level. However, it's important to note that this trade carries higher risk, and only experienced traders should consider attempting it.
CME:BTC1!Long
by Rushilism
BTC LongI was shorting BTC from 70k. You can check my previous posts. Now, we might see a change in trend. The CME Gap will be filled at 64210, where I plan to close 80% of the short position and initiate buying orders. The levels to watch include 64210, 63411, and 61051. As for the stop-loss, it's undetermined at this stage, and I'll provide updates upon closing my positions. While this move is expected, there's a possibility of further downside, so trade cautiously and at your own risk.
CME:BTC1!Long
by Rushilism
BTC CME FUTURES Trend analysis for the upcoming month If you look at last month's candle it was a long bullish candle. I personally think that many retailers made good money last month, that's why Binance made sudden restrictions on the margin for futures. this month's candle is a spinning top, there is still one day for this month's candle closing. If the candle happens to finish red(bearish candle) we may expect a fall. If it is a green candle market may remain sideways. But always remember BTC is extremely volatile. So Trade carefully with good risk management. good luck media.marketrealist.com
CME:BTC1!
by ADHDNATOR
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