USTBTC trade ideas
MACD divergence tradingMACD divergence trading helps identify trend reversals using Bullish and Bearish divergences. Bullish divergence occurs when the price makes lower lows, but MACD makes higher lows, signaling a potential uptrend. Bearish divergence happens when the price makes higher highs, but MACD makes lower highs, indicating weakness. Combining MACD divergence with support-resistance and volume analysis increases trade accuracy.
Bitcoin - Targets 116K 126K 148KIn chart i have shown why price is holding at 83K and may not fall further now. Price height from Point of Control to ATH is all most equal to the price range from POC to low of 83 K . IT could have been taken support at 87 or above 83 but due to fear it has seen 83. True some selling came from various sources and little frauds too. But still price is acting technically now. And in wave theory its completion of 4th wave and once support seems to be taking at 83K and move in 5th wave then targets are coming as 116, 126 and 148 K. Serious. These are 5th wave levels as per wave theory. BTC is sure Bullish and soon +ve news are expected and price will follow the Bullish trend. Time duration is not sure up price will march up and up only
Bitcoin Daily just landed on the 200 SMA - what now ?Many people are expecting Bitcoin to Bounce off the 200 day SMA ( yellow & Arrowed)
But I just want to point out what happened last time we tanged for a long time.
We did NOT bounce of it untill PA was ready to
In fact, er fell below numerous times.
So, SORRY, don;t get your hopes up BUT we can watch and react.......
It may bounce but I doubt for long.....
Time will tell
BTC#18: BTC plunges, destination and trading opportunities at th🔥 So BTC has corrected. However, how much it has decreased, we will analyze it right away: 🔥
1️⃣ **Fundamental analysis:**
📊 Widespread Pessimism, Cryptocurrency Market Plunges Sharply
————
⚫Bitcoin and altcoins plunge: Bitcoin drops nearly 5% to $90,000, Ethereum loses more than 10% in two days, Solana drops 15%, Dogecoin drops 13%.
⚫The market is still affected by the $1.4 billion hack last week. Bybit announces compensation but Ethereum is still under pressure.
⚫Weak market sentiment: Many meme coins collapse, limited capital flows cause altcoins to lose value sharply. Solana under selling pressure as it prepares to unlock $1.72 billion in tokens on March 1.
⚫Crypto-related stocks also plunge: Coinbase down for six consecutive sessions, MicroStrategy down 5.7%, BTC mining stocks fall sharply.
🚀 MicroStrategy continues to buy BTC: The company bought another 20,356 BTC worth $1.99 billion, bringing its total BTC holdings to 499,096 VND (~$33.1 billion).
🛫Forecast: The downtrend may continue if market sentiment does not improve and cash flow does not return to altcoins.
2️⃣ **Technical analysis:**
🔹 **Frame D**: the bullish structure has been broken and turned bearish. Pessimistic sentiment covers the entire market so it will be difficult to see an immediate recovery
🔹 **H4 frame**: the bearish price structure is more clearly shown. The nearest resistance zone is 93x
🔹 **H1 frame**: the price line is still quite far from the horizontal or diagonal resistance zone, the current price has recovered a bit but the market sentiment is still hesitant about the Fibo 23.6 area as you can see on the chart
3️⃣ **Trading plan:*
⛔The current time is not suitable to catch the bottom of BTC, not only the market sentiment is pessimistic but the basic information has not seen any positive news for BTC. We will need to patiently wait for confirmation from the price line
✅ Priority at the moment. Currently is looking for a SELL position following the main trend. The sharp price drop will have a recovery adjustment but pay attention to stick to the price structure and do not be greedy.
💪 **Good luck trading!**
Bitcoin buy 87500-87000 SL 85500 Target 94300-700How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st D point : 0% is recent top or bottom.
Trailing SL: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 21.4% then early traders can make fresh reversals trade after breaking 11.4% safe traders can reversal trade after breaking 21.4%
Targets :
Target T1 : 28.3% ( early trade if entry at 11.4% )
Target T1 : 35.1% to 38.2%
Target T3 : 50.1% to 53.2%
T3: 61.8% to 65.1% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point D ( 0% ) .
Target is same as early 21.4% , 28.3 , 35.1 and so on
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Bitcoin long term sell given103000 , 86500 Target hit 69500 nextHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st D point : 0% is recent top or bottom.
Trailing SL: 20.2% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 20.2% then early or risky traders can reversal trade ,
Targets :
Target T1 : 28.3%
Target T1 : 37.8 %
Target T3 : 48.1%
T3: 60.2% to 66.9 % is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Next Targets are 77.5 % , 88.1 % 100% , 113.5 % , 127.3% , 141.2% and 160.2 , 177.5. final Target 200%
160.2 to 177.5% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 20.2 % or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 10.1% ) is used for re-entry then SL recent high or low Point D ( 0% ) .
Target is same as early 20.2% , 28.3 , 37.8 and so on
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
BITCOIN PA got rejected by the same Fib Circle as Nov 2021 ATH
This may not really Mean anything other than to show how amazing Fib Circles are and how they have a legacy in the past, even if the anchors are in the future.
Let me Explain.
To Draw a Fib circle, on the whole, we place one Anchor on a Low point of PA and then place a 2nd on a high
These Fib Circles have their Anchors in Early 2023
But Look how these Circles cross PA back in 2021.
The Current Circle that PA just went through and then turned down in the 2.618
On the Left side of the chart, see that Fib Circlwe that rejected March 2021 ATH..thats the 3.618 which we will cross again from July 2025
See what happened with the inner circle, the 1.618, on both occasions the PA ran into it.
Just somethin to think about while we wait for BTC PA to Dip down to 77K and bounce back up ;-)
Bitcoin book profit newr 86700 sell given at 95500How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st D point : 0% is recent top or bottom.
Trailing SL: 20.2% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 20.2% then early or risky traders can reversal trade ,
Targets :
Target T1 : 28.3%
Target T1 : 37.8 %
Target T3 : 48.1%
T3: 60.2% to 66.9 % is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Next Targets are 77.5 % , 88.1 % 100% , 113.5 % , 127.3% , 141.2% and 160.2 , 177.5. final Target 200%
160.2 to 177.5% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 20.2 % or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 10.1% ) is used for re-entry then SL recent high or low Point D ( 0% ) .
Target is same as early 20.2% , 28.3 , 37.8 and so on
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Bitcoin 1000 points profit running sell given below 95550How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st D point : 0% is recent top or bottom.
Trailing SL: 20.2% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 20.2% then early or risky traders can reversal trade ,
Targets :
Target T1 : 28.3%
Target T1 : 37.8 %
Target T3 : 48.1%
T3: 60.2% to 66.9 % is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Next Targets are 77.5 % , 88.1 % 100% , 113.5 % , 127.3% , 141.2% and 160.2 , 177.5. final Target 200%
160.2 to 177.5% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 20.2 % or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 10.1% ) is used for re-entry then SL recent high or low Point D ( 0% ) .
Target is same as early 20.2% , 28.3 , 37.8 and so on
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Here is why Bitcoin cycle ATH in Q4 maybe @ 250 K USDT
This is my oldest chart
I trust this chart - Keeping iot simple
See the Pennant PA is currently in, under resistance of the 2.618 Fib Ext.
Previous 618 Ext have been support this cycle and this leads me to think we will remain here a while.
The Rising line of support we are in pushes PA to an apex in June and PA will react shortly before that time. ( PA may drop below support and then return before June)
Weekly MACD currently falling Bearish, resetting and should be Neutral by June and so I am seeing PA rising from there.
See how PA reacts to a Fib Circle. In this Cycle,
Note that this apex of the triangle we are currently in is just after the 9.618 Fib Circle.
IF we range into the Fib circle in June, I fully expect PA to Rise after
Last time we ranged into a Fib circle with a Neutral MACD, was in Jan 2023 on the 4.618.
This lead to a rise of just under 100%
The Upper Blue Trend Line is the Ascending line of the previous Bitcoin ATH Tops, back to 2017 on this chart but to 2013 on Longer range charts.
Many charts have confluence for a cycle Top in Q4 2025 and so, using that blue line, the expected push higher from BTC PA when it breaks out of pennant in June ( or near June), we end up around the 250K USDT mark
This would, like in Jan 2023, lead to a increase in Price around 100% ( a little more actually )
While this is all based on Assumptions that PA remains Calm and in Range while the MACD resets itself from Oversold, it has happened before and there exists the chance it will again
Obviously, PA may fall through the floor and so we all need to have plans for Both Bullish and Bearish scenarios. ( there is a strong possibility of a Dip to Mid 70K and swift return )
But over all, I find THIS chart to point towards a more realistic cycle Top ATH of 250 K
Some LOG charts point to a near 1Million USDT Cycle top and that, given the market Cap required, is probably not going to happen THIS cycle....... But it will one day
As ever, we take Bitcoin PA as it comes.....and react accordingly.
This week is going to be Fun
End of Month on Friday - Monthly patterns showing some interesting things.
I'll explain those next week after month close.
Bitcoin sell below 95500buy above 96900 levels on chartHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st D point : 0% is recent top or bottom.
Trailing SL: 20.2% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 20.2% then early or risky traders can reversal trade ,
Targets :
Target T1 : 28.3%
Target T1 : 37.8 %
Target T3 : 48.1%
T3: 60.2% to 66.9 % is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Next Targets are 77.5 % , 88.1 % 100% , 113.5 % , 127.3% , 141.2% and 160.2 , 177.5. final Target 200%
160.2 to 177.5% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 20.2 % or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 10.1% ) is used for re-entry then SL recent high or low Point D ( 0% ) .
Target is same as early 20.2% , 28.3 , 37.8 and so on
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
BTC: Get Ready for the next big Rally to $150,00!1. The last trade in BTC was amazing, captured from FWB:65K levels.
2. This time as well I'm expecting a similar expansion of price after this long consolidation.
3. The trend is bullish, prices are holding the higher levels indicating the presence of buyers.
4. Till we break below 90K level on a weekly closing basis, buyers will be in charge.
✨NOTE: Don't forget to have a look to my earlier Bitcoin post, it was a good one. Even though SL was hit on the 1st entry due to whipsaw, 2nd re-entry was pretty awesome. ⚡
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 What are your thoughts on this share it in the comments below. ✌️
🔥 Happy Trading!✅🚀
Simple reasons for and against a Bitcoin push in near futureThere are so many people coming out with so many idaes about why Bitcoin should reach for New ATH's in March and, to some degree, it is possible though I am not to sure it would be a good idea now. Something will happen in March though, I am sure ogf that, just not to sure what.
For me, I like to keep things fairly simple. It has worked for me for many years.
So, Lets be simple about this and Look at some basic things
First of All, The Dreaded Hack yesterday that took the market into shock - Many ALTS Bled and are Still in shock.
Bitcoin took it in its stride and fell by -4.7% - It was Less than many a normal days pull back ! And today, we are Green. This shows MASSIVE under laying strength. The Support Structure of Bitcoin is Huge.
So, the the chart.
Reasons for a Push higher.
The Strength PA has, as just mentioned, is an obvious example of a simple reason to expect a push higher.The Daily MACD is Way down low, pretty well oversold and just ranging there, waiting....
But one thing I want to point out is the trend line that PA is running up. This is the trend line, with origins back 2017, that catapulted PA to the final 2021 ATH. It is strong support, that eventualy broke as the bear market cracked its whip, in 2022. But not before it support PA on two more occasions.
So, Can it do it again ?
PA does not need to react till we begin getting close to that Apex of the triangle we are now in, Which is in JUNE, But with the daily MACD Low and MACRO acceptance of Bitcoin and Trumps push to welcome Crypto, things may advance Quicker. PA certainly has the ability to move higher in the near future
The down side of that is simply, PA would run out of "steam"
Which brings me to why we may not see a push till JUNE and even then, that may just be the initial stage of the final push to cycle ATH. ( which I have said many times previously, is likely to be in Q4, maybe Early Q4 )
Look at this WEEKLY MACD chart
See where that projected line comes down to the Neutral zone...The date of intersection..JUNE
The last time weekly MACD was up here, as you can see, It fell in a very controlled manner and the angle of descent is the same as this projected line.
That happened while BTC PA Ranged across for 6 months
So, there it is, Nice and simple.
JUNE is the best time, or just before, for PA t make a move but it may try some Dances in the time till then
It can continue Ranging across in the Price range of 109K to 91K till then, Still making people money and keeping the world happy.
We can dive Deeper into all kinds of data, onchain etc, get all techie and confound people with new words...but end of the day, Bitcoin will still do the same thing as it always does.
MACD trading is a Latent method, as MACD shows you data after the event.....but it shows Trends.VERY WELL
My money is on the trend Range we are currently in, ending in around End of May to June.
This will lead to a series of New ATH's over 109K, all the way up to Cycle ATH in Q4
What happens than, That is going to be interesting to see.......but thats another story
Stay safe