BTCZ2024 trade ideas
BTC Trendline BreakdownBTC Breaks below a trend line. Short for the target of 45710 with a stop loss at 59910.
bitcoin predictionbitcoin is still in bullish trend
but i think upcome 2 to 3 weeks goann be bearish for btc
BitcoinBitcoin formed a bearish reversal chart pattern called double top. Double top chart pattern is completed in five weeks and also got price and volume confirmation.
Sell below 57800
Stop Loss 67500 (SL above shooting Star)
Trail SL 61200 (If price goes below previous low dated 22 Nov 2021)
Target 48000
Upcoming Trade set upOne can wait for daily pause and reverse before buying in it
Its going to make NEW high before it makes final termination
Good luck
Keep selling Keep selling Bitcoin below 32600 with stop loss abv 36800 for target of 18400-16500 and 14200-12500 zone.
If you buy an unnecessary item then you will end up selling your necessities.
Disc : it's not an investment advice to buy or sell
Some Support and Resistance on BTCSome supports and resistance on BTC .31400-500 looks like an important support, if this breaks on closing basis then we may expect some major downside movement.
btcusdt#Btcusdt is having sideways structure at short time frames.
Whereas bearish high time frame structure till it is below 42000 Levels.
Bitcoin resistance is 42000 support is 30000.
Conclusion , Dont expect market to be bullish. Bitcoin & market is having good situation to be at sideways/bearish until btc is below 42000. trade only short term if you Have good trades. Holding is not advisable until you have extreme reason to hold projects.
BitCoin – Next Tulipmania?BitCoin – Next Tulipmania?
Selling Pressure is seen in BitCoin after Elon musk announcement.
Chart is around its major support level.
If 39520 breaks on weekly basis then Prices will easily reach 26650.
Extended target can be 19100.
If the above condition fails then good reversal is also possible from current level. So keep your stop losses as per your risk reward.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Keep sellingKeep selling for target of 30000 . Sell on rise around 52500-54500 with sl abv 57000.
Disclaimer : it's not an investment advice to buy or sell
Bearish wedgeBearish wedge breakdown is clearly visible. Breakdown has led to LLLH structure which is another sign of bearish market. Long wick has appeared but this might be just profit booking. Breakout gaps generally take time to fill up. So I epxect 61300 to act as stop loss for all incoming short in the range of 55500-57500 for target of 39100.
Disc : it's not an investment advice to buy or sell
BuyAs long as 43900 holds on, BTC is likely to move up for 55000 and 60000 levels. 46000-46500 is the support and if price revisits this zone then can be bought.
BITCoin with EW ( Alternate count with normal scale )Om Namah Shivay
BITCoin with EW ( Alternate count with normal scale )
Om Namah Shivay
