$BTC | 1H: Today Plan:Shorting BINANCE:BTCUSDT . Resistance has indeed formed. The crypto charts are showing signs of heaviness, and a short squeeze is anticipated to be followed by a long squeeze. GL Bears! Previous day: VAH: $37232 POC: $37131 VAL : $37005 Date: 13 Nov 2023Shortby femtoxbtUpdated 4
BTCUSDT Bitcoin bearish on Daily chartA bearish view on Bitcoin suggests a belief that the price of Bitcoin is likely to decrease or face a downturn in the future. It's important to note that the cryptocurrency market is highly speculative and influenced by various factors, so any predictions come with a degree of uncertainty. Here are some reasons someone might hold a bearish view on Bitcoin: Regulatory Concerns: If there are increased regulatory pressures or crackdowns on cryptocurrency trading or usage in major markets, it could negatively impact the demand for Bitcoin. Market Sentiment: Bearish sentiment can be driven by overall negative market sentiment, fear, uncertainty, and doubt (FUD) surrounding Bitcoin or the broader cryptocurrency market. Technical Analysis: Traders and analysts often use technical analysis to identify potential trends and patterns in price charts. Bearish technical indicators might include patterns such as descending triangles, head and shoulders, or bearish divergence. Macro Economic Factors: Economic downturns or financial crises could lead investors to sell off riskier assets like Bitcoin in favor of traditional safe-haven assets such as gold or government bonds. Competition from Other Cryptocurrencies: If other cryptocurrencies or blockchain projects offer better technology, features, or solutions to specific problems, investors might shift their focus away from Bitcoin, affecting its price. Security Concerns: Instances of significant security breaches, hacks, or vulnerabilities in the Bitcoin network or associated platforms could erode trust and confidence in the cryptocurrency. Market Manipulation: The cryptocurrency market is still relatively young and can be more susceptible to market manipulation, which could lead to artificially inflated prices followed by sharp declines. It's important to conduct thorough research and consider various perspectives when forming an opinion on the market. Predicting the future movements of Bitcoin or any other asset is challenging, and the market is subject to rapid changes based on news, sentiment, and external factors. As with any investment, it's crucial to carefully evaluate risks and make informed decisions based on your financial situation and investment goals.Shortby nikhilbansalUpdated 5
BTCUSDTAlways try to find a small consolidation and contraction in charts going uptrend A proper RR is shown in the chart for BITCOIN This chart is only for educational purposeLongby be_you_akshayUpdated 1
BTCUSDTA hammer buying trade seen on 1 hour time frame RR-1.67 This chart is only for educational purposeLongby be_you_akshayUpdated 3
BTC - Time to sellYou can vouch that I recommended buy for BTC at 25889 and now have drawn a white horizontal Line. Sell below this white line because it will come down gradually. If already long exit your position at first opportunity. 37089 is the crucial level. Disclaimer I am not a registered Analyst. by rekhi567111
#BITCOIN IS SHOWING BULL SIGN#Bitcoin need huge demand to cross 38k. 38k is major resistance.If we break with good amount of money ,we will find new support on 38k. As of now support sitting at 32k. While for short term in day chart we might see pull back but weekly chart is juicy and bullish. #BullMarket coming.🚀 2024 & 2025 going to be huge. Longby SagaKarma4
BTCUSDT increases, a profit tap will take placeSamson greets everyone! Creating an Elliott Wave model has significantly boosted the price of the product. At the time of writing, the cryptocurrency market is trading below the resistance level of $37,960. The upward trend is strong as it is consolidated at a high level with stable trading activity on the 2-hour time frame. Therefore, it would not be surprising if this price increase reaches $40,000. What are your thoughts on this matter? Do you agree with me?Longby Samson-FXUpdated 4
Bitcoin Bullish Buzz: Limited Risk - Ratio Call SpreadBullish View on BTCUSDT Trade: Buy 37600 Call option of 11 November expiry @ $230 Sell (2x) 38400 Call option of 11 November expiry @ $115 each Stop Loss: Spot level = $35000 Target: Spot level of $38400 Max Profit: $800/BTC Rationale: BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 36000 during the recent trading session, signifying a promising upward trajectory. Examining the 4-hour chart, it’s evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market. Moreover, we’ve observed a significant surge in open interest (OI) for out-of-the-money (OTM) put options expiring on November 11. This uptick in OI for such options further bolsters our confidence in the current market conditions.Longby Delta-Ex-research2
BTCUSDT increased sharply ??BTC has gradually been trading upwards since a significant move in late October. As seen on this chart, the parallel price channel A is still functioning well, breaking out of the port and maintaining a strong upward trend above $32,000 and stabilizing around $35,000 on the weekly timeframe. In the long run, BTC is expected to experience strong growth, especially in the context of unstable economy, making it a viable alternative solution for investors. The expectation for a rise to $51,100 is high. As long as it holds steady above the mentioned support levels, this expectation is entirely plausible.Longby Samson-FXUpdated 1112
BTC Flag and Pole FormationBTC has formed a flag and pole pattern and looks like its ready to breakout. If it happens, Target levels will be 38600 and 45000. If it fails to breakout, BTC may continue trading in the flag range.Longby jayaprakash994
Getting ready to go ParabolicAs seen in the chart with the help of Elliott and Fibonacci the expected impulse could take BTC to the highly anticipated level of $100000. lets see how it performs in the coming months. Longby naveen_kumar_PSUpdated 1
Bullish on Bitcoin: Profits with Protective CallsBullish View on BTCUSDT Trade: Buy 375000 Call option of 10 November expiry @ $225 Sell (2x) 39000 Call option of 10 November expiry @ $100 each Stop Loss: Spot level = $35000 Target: Spot level of $39000 Max Profit: $1515/BTC Rationale: BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 36000 during the recent trading session, signifying a promising upward trajectory. Examining the 4-hour chart, it's evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market. Moreover, we've observed a significant surge in open interest (OI) for out-of-the-money (OTM) put options expiring on November 10. This uptick in OI for such options further bolsters our confidence in the current market conditions.Longby Delta-Ex-research2
$BINANCE:BTCUSDT Finally BTC crossed our Target, Will it RockBINANCE:BTCUSDT Finally BTC crossed our Target, Will it be rocket from here ? Ignore if huge gap down or gap up. Follow strict stop loss. Disclaimer: This is not a financial, investment or trade advice. Its only for educational purpose. Longby jac001110
BTC Option: Capturing the RangeSideways View on BTCUSDT Trade: Sell 36600 Call option of 9 November expiry @ $95 Sell 34600 Put option of 9 November expiry @ $75 Stop Loss: P-34600 = $150 C-36600 = $190 Target : $0 premium in both legs Max Profit: $170/BTC Max Loss: $170/BTC Rationale: BTC appears to be trading in a tight range, hovering between the support level at 34,300 and the resistance level at 36,000, which suggests a sideways trend in the short term. Adding to our odds, our analysis of Open Interest (Oi) data on November 9 th reveals a balanced occurrence of both call and put options being written, contributing to a neutral market sentiment.by Delta-Ex-research1
Mastering the Art of Diamond Pattern Trading in Crypto and StockWhat is a Diamond Pattern? The diamond pattern is a unique formation characterized by two converging trend lines, creating a pattern that resembles a diamond or kite. Within this pattern, price movements oscillate, presenting traders with an opportunity to make informed decisions. However, to successfully navigate the diamond pattern, you need to understand its nuances and follow a disciplined trading strategy. Trading the Diamond Pattern: A Step-by-Step Approach 1. Identifying the Pattern The first step in diamond pattern trading is identifying the pattern on the price chart. Pay close attention to two converging trend lines between which prices fluctuate. This visual cue is crucial for decision-making. 2. Determining the Trend Direction Once you've identified the diamond pattern, the next step is to determine the direction of the trend. The diamond pattern's context within the existing trend is essential: If the diamond pattern forms during an uptrend, it is considered a bearish pattern. This suggests a potential reversal. If it forms during a downtrend, it indicates a bullish reversal pattern. 3. Opening the Trade After determining the trend direction, wait for a breakout from the diamond pattern to confirm your trade's direction. Your actions will differ depending on the type of pattern: For a bearish reversal pattern, open a short trade as soon as the price breaks below the lower trend line. For a bullish reversal pattern, open a long trade when the price breaks above the upper trend line. 4. Setting a Stop Loss To limit potential losses, it's essential to set a stop loss order. For a long trade, place your stop loss just below the low of the breakout candle. For a short trade, position your stop loss just above the high of the breakout candle. This ensures that you are protected if the trade goes against your expectations. 5. Setting the Target Determining the target for a diamond pattern trade is critical for managing your risk-reward ratio. The target can be calculated by measuring the height of the diamond pattern, from the highest to the lowest point, and adding this distance to the breakout point. Remember, the target can be adjusted to align with your risk tolerance and trading style. 6. Managing the Trade As the trade unfolds, closely monitor price action and adjust your stop loss and take profit orders accordingly. If the trade is moving in your favor, consider taking partial profits or tightening your stop loss to lock in gains. 7. Avoiding False Breakouts Diamond patterns are susceptible to false breakouts, where the price briefly exits the pattern but then quickly retraces. To minimize this risk, wait for the price to close outside the pattern before entering the trade. This extra confirmation can significantly improve your success rate. 8. Trading with Proper Risk Management Just like any trading strategy, risk management is paramount. Only risk a small percentage of your trading account on each trade, and never invest more than you can afford to lose. Always use stop loss orders to protect your capital. Additional Tips for Trading the Diamond Pattern - Confirm with Other Indicators While the diamond pattern can be a reliable signal, it's wise to confirm it with other technical indicators, such as moving averages, momentum indicators, or volume indicators. Seek additional signals that support the breakout direction. - Pay Attention to Multiple Time Frames To enhance your trade's probability of success, look for the diamond pattern on various time frames, including daily, weekly, and monthly charts. Trade only when it aligns with the larger trend, increasing your chances of a winning trade. - Be Patient Diamond patterns take time to develop fully. Rushing into a trade before the pattern matures can lead to false breakouts and unnecessary losses. Exercise patience and wait for the pattern to confirm before making your move. - Practice with a Demo Account Before risking real capital, practice trading the diamond pattern on a demo account. This allows you to refine your strategy, identify optimal entry and exit points, and gain confidence in your trading plan. In conclusion, mastering the diamond pattern in your trading strategy requires a combination of technical analysis skills, a disciplined approach, and a commitment to risk management. The diamond pattern can offer valuable insights into potential trend reversals or continuations, but successful trading relies on careful observation and strategic execution. Follow us for More Quality Analysis. Must Like and Share if it is really helpful. Thank youEducationby CryptoPatel22179
Long Opportunity on $BTCUSDTBitcoin has been consolidating for a long period . Now trying to play monday range with some sort of Confluences. Let's see how market reacts. Don't forget risk management above anything Longby harshcharts1
Bitcoin Rising Wedges pattern or In Channel.Hi. Currently BTC is @35000. It has Rising pattern and wait for confirmation. by pluckyHawk261488
Bitcoin Option Strangle Play for 7 Nov ExpirySidewaysView on BTCUSDT Trade: Sell 36600 Call option of 7 November expiry @ $45 Sell 33600 Put option of 7 November expiry @ $45 Stop Loss: P-33600 = $90 C-36600 = $90 Target: $0 premium in both legs Max Profit: $90/BTC Max Loss: $90/BTC Rationale: BTC appears to be trading in a tight range, hovering between the support level at 34,300 and the resistance level at 35,300, which suggests a sideways trend in the short term. Adding to our odds, our analysis of Open Interest (Oi) data on November 7th reveals a balanced occurrence of both call and put options being written, contributing to a neutral market sentiment.by Delta-Ex-research5
BTC Trade Setup for 11-06-2023Hii Guys This is Nova!! Here is the trading setup for today with 1:2.RRRLongby Nova01120
BTC wanting to make a correction next week? To trade in perpetual contrac, BTC with a bearish divergence at 4 hours. Losing the neckline is a market sell at $33.800,00 Sell below the range of the anchored vwaps, orange lines. Longer exit target would be $30.985,00 to close the fair value gap . But for the Spot market, it is purchasing the currency at a medium price, in that same range. Not a financial advice.by ChemintraderUpdated 4
shorttaking resistance again in previous rejection and expect a downside move in coming sessionby Magesh1510-116
BTC Trade setup for 04-0ct-2023Hii Guys this is Nova!! Here is the trade setup for BTC 1:4RRRLongby Nova01120
Double Play: Bull Call Spread on BTCBullish View on BTCUSDT Trade: Buy 36000 Call option of 5 November expiry @ $170 Sell (2x) 36600 Call option of 5 November expiry @ $95 each Stop Loss: C-BTC- 36000 Premium = $10 Target : Spot level of $36600 Max Profit: $360/BTC Rationale: BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 31600 during the recent trading session, signifying a promising upward trajectory. Examining the 4-hour chart, it’s evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market. Moreover, we’ve observed a significant surge in open interest (OI) for out-of-the-money (OTM) put options expiring on November 5. This uptick in OI for such options further bolsters our confidence in the current market conditions.Longby Delta-Ex-research4