XBTUSD_LMAX trade ideas
Strictly trading call, get out if SL hits !Target 1: 64885
target 2: 65268
Stop loss: 63631
Stoch RSI is near over sell zone, can get a small bounce for targets.
Bitcoin Bybit chart analysis April 16Hello
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Bitcoin 30-minute chart.
There is a Nasdaq index release tonight at 2:15.
According to recent Nasdaq variables and movements
Because the movement occurs irregularly, analysis is not easy.
It is falling without any short entry position.
As it is coupled with Nasdaq, the rebound is also occurring in a strange section.
We followed the safest strategy.
*Sky blue finger movement path
Two-way neutral
Short->Long switching strategy
1. Short position entry area of $64585.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $61897 / Stop loss when the green support line is broken
$67,101 long position primary target -> Top secondary target
Depending on today's Nasdaq indicator announcement or movement
Variables may arise.
You can ignore the short entry section and rise as is.
If the green support line breaks away from the current position
This is the place where the number 1 double bottom can appear at the bottom.
If it breaks through the top section
Because this is where the mid-term downward trend is broken.
A further upward trend may occur.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
BITCOIN BEARISH OUTLOOOKBitcoin Update: Key Alert!
Quick Analysis:
As previously highlighted, #Bitcoin remains under pressure. Staying below $67,900 has shown us there’s limited upward potential, and now it's more evident with the recent rejection from $67,000. Bitcoin is currently trading below $62,000, signaling a strong bearish trend.
Current Status:
Bearish Outlook: Bitcoin's failure to surpass $67,900 has set a bearish tone. Watch out as it now trades below $63,000, which might trigger further declines.
Support: $51,000
Resistance: $63,900 / $67,700
Suggestion for Traders
Monitor these crucial thresholds and adjust your trading plans accordingly.
Stay prepared for swift market movements.
CRYPTOCAP:BTC #Cryptocrash
BTCUSD near important support zoneBTCUSD is trading near important support zone of 61800.
If it breaks the 61000 zone we can expect a further fall in BTC till 54000.
If its reversed from that zone we can expect a upward move till 65000.
Bitcoin Bybit chart analysis April 15Hello
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Bitcoin 30-minute chart.
There is an indicator announcement today at 9:30 on Nasdaq.
The beat has reached the gap retracement point at the top.
It is a strategy for rising waves,
There is a possibility of further decline if it breaks out of the green support line today.
You must be careful.
*Red finger movement path
Long position strategy
1. $65495.5 long position entry zone / stop loss when breaking out of the green support line
2. $69983.5 long position primary target -> Good secondary target
Currently, a short-term upward trend is underway.
It is breaking through the central line on the 4-hour chart. If there is an additional rise,
In order of Bollinger bands, 6-hour central line -> 12-hour central line -> daily central line.
We need to break through.
In Tether Dominance, we have almost reached the last resistance line.
Will it rise once more?
It seems important whether the downward trend will resume from the current position.
In terms of bits,
Should it rise immediately from the current position or hit the bottom once more and then rise?
Please note that it seems important.
Please note that my analysis is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
Panic ?? Crucial Zone.BTC is near a crucial make or break zone. It should take a support at current levels otherwise can go back to 50K-51K zone. Then it may take few weeks to recover. It will become very short term bearish if current support breaks.
Keep geopolitics in mind, Greyscale is playing spoilsport's. It may be over in next 2-3 months.
BITCOIN SHOWING A GOOD FALIt's showing a good falling due to the following reasons
1. First of all it's faceing a resistance from the upper marked trend
2. Second the deep confidence comes from the secondary neckline breaking on 15 min chat
3. Third confirmation comes from in days chat it's completely bearish
Like if agree
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It's showing a good falling due to the following reasons
1. First of all it's faceing a resistance from the upper marked trend
2. Second the deep confidence comes from the secondary neckline breaking on 15 min chat
3. Third confirmation comes from in days chat it's completely bearish
Like if agree
Follow for more
Reaching at 67500BTCUSD is forming corrective formation for a movement to the downside after reaching at 67500
Reversed and scalped 200 pointsBTCUSD reversed from the zone mentioned in my earlier post and scalped 200 points.
1 lot profit 200$
BTCUSD short term trendBTCUSD is near 1hr Demand zone. Wait for retest to happen and can try taking an entry. Once reversed can go till 65000.
Wait for reversal between 63900 & 63700
Will Bitcoin Go Down? Bitcoin Market Quick Update Will Bitcoin Go Down? Bitcoin Market Quick Update
Bearish Signal: As long as Bitcoin stays under $67,900, it’s likely not going to climb much.
Possible Drop: If #Bitcoin can't rise above $67,900 soon, we might see its price go down to somewhere between $45,000 and $50,000.
Keep an eye on $67,900. Plan your trades and consider stop-losses to manage risk.
Bitcoin Bybit chart analysis April 12Hello
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Bitcoin 30-minute chart.
Analysis is very difficult.
It is a difficult section with many intersections.
Due to the index announcement yesterday, there is a $200 difference.
It's a pity that I missed the long entry position.
Nasdaq does not release indicators.
In the case of bits, the pattern is partially broken.
A 5-minute bar trend reversal has even occurred.
There is still the power to raise it to a signal level.
If there is a vertical decline in Tether dominance
Today's strategy can succeed
It is a position with a high possibility of sideways movement, and from breaking out of the light blue support line,
This is a position where a downward trend can be connected.
*Red finger movement path
Long position strategy
1. Chase buy at $70695.5 / stop loss when the green support line is broken
2. $72,232 long position 1st target -> Good 2nd target -> Great 3rd target
Upward rebound until section 1 at the bottom
From number 2 onwards, there is extreme horizontal coverage.
In case of departure from the light blue support line
Please check the support line in Bottom -> Section 3 at the bottom.
If you drag the analysis text up or down,
You can check the displayed price.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
Thank you for your hard work this week.
thank you
BTC Prediction Until 21Apr2024
BITSTAMP:BTCUSD CRYPTO:BTCUSD BINANCE:BTCUSD COINBASE:BTCUSD GEMINI:BTCUSD BITFINEX:BTCUSD BITFINEX:BTCUSD FOREXCOM:BTCUSD OANDA:BTCUSD SAXO:BTCUSD KRAKEN:BTCUSD BITTREX:BTCUSD BINANCE:BTCUSDT TIMEX:BTCUSD BYBIT:BTCUSDT GEMINI:BTCUSDT BYBIT:BTCUSDT BINANCEUS:BTCUSDT BINANCEUS:BTCUSDC TIMEX:BTCUSD
BTC Prediction Valid until 21Apr2024
We are surely in the downtrend on the basis of price activity which we have observed with BTC and here is my BTC Price analysis for this week this week BTC will rangebound in between 68,500 and 64,500 Price the shared price levels is only for the visual representation and not necessarily be accurate.
Key Levels
Initial Resistance - $67,000-$67500
Major Resistance- $68,000-$68,500
Support for this week-15Apr until 21Apr $64,000-$64,500
Major Support $63,000.
All the levels which i have shared are my own personal Price Level analysis and it is only informational and educational Purposes kindly do not take any financial Decision on the basis of my analysis and Do your own Analysis for any financial Decision and seek financial advisor help.
Thank You.
Neutral view on BTCUSDConsidering the global view in the market we can expect a retest from 62000 zone to go up further or if it breaks the 61000 zone we can expect a further fall till 54000. As of the view is Neutral.
bitcoin looking for sell as per price action and also we can get proper risk reward in this trade . sell on premium + we can see rejection from day top.....
What's Next for Bitcoin? Understanding Its Current Price MovesWhat's Next for Bitcoin? Understanding Its Current Price Moves
#Bitcoin Market Brief
Current Status: CRYPTOCAP:BTC is trading near $64,000 amid recent declines. Bearish trends dominate due to global uncertainties affecting crypto markets.
Key Levels:
Support: Watch $63,800. Falling below could lead us to $51,000.
Resistance: Key resistance at $67,600. Below this, expect continued bearishness.
Observations: Recent charts show a trendline breakout and retest, suggesting a possible further drop. Stay alert to these patterns for trading cues.
Action Points: Maintain strict stop-losses to minimize risks. A break above $71,000 could shift momentum to bullish, signaling a potential new ATH.
Suggestion: Focus on technical analysis and update strategies with market changes. Keep an eye on global news that could sway crypto prices.
Looking Ahead: A climb over $71,000 might set the stage for new record highs.
Keep tuned for updates.
#BTC #Cryptocrash
BTC Crashing... what to expect in upcoming week?with all the news coming in about Iran Israel conflict, and if there is a counter attack from Israel.. then we can see another crash that may cause BTC to slide down to 57k level, so as this year is all about adoption and regulation, there are chances that market might be more volatile, so keeping an eye on news is a important thing while trading.
So tomorrow is Monday, and stock markets will open tomorrow and a small to mild crash is very much anticipated which will have a negative impact on market, other that that positive signs are ETFs, government changing their view on BTC and considering BTC as an asset, a BTC ETF from Hongkong is also expected very soon and then halving, so there are too many positivity as well so in long term BTC is always bullish.
ATH chance again.If Bitcoin retrace to 0.618 of fibonacci i.e. $69956, from current swing high $72756,
then the Bullish flag will complete.
I see no reason except Iran-Israel War, to make new ATH.
BTCUSD TRADE SETUPBtcusd may fall a little till 52000 zone.
Try to make a buy position only after it touched 52000-53000 zone.
BTC forming bullish triangle patternAs per my basic analysis of BTC. The day chart BTC forms the bullish Triangle pattern. So after halving, it will go up.
Bitcoin may go up to $72500, Very convincing targetThere are many shorts at $71500 to $71700. Due to short squeeze we may see $72500 today.
Target: $72500
Time frame : 1- 2days
Next resistance: $73700
BTC - Live Market Analysis
Please read the notes as mentioned on the chart. Look for the two red lines drawn. These are very crucial. Wherever these lines are broken there is going to be blast.
Disclaimer: It is only for educational purposes. I am not a registered analyst with any of the National/International agency. Please consult your financial advisor before making any decision.
Thank you
