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BTC =>PO3 possibilityOverview of the Chart Timeframe: 1-hour (1h) candles Exchange: BINANCE Pair: BTC/USDT Current Price: Approximately 65,960 USDT Volume: 444.1 Key Chart Elements Support and Resistance Levels: Resistance Levels: Around 67,128 USDT Around 67,534 USDT Around 68,542 USDT Around 70,000 USDT (psychological level) Support Levels: 65,698 USDT 64,748 USDT 64,513 USDT 63,485 USDT Indicators: Relative Strength Index (RSI): Current RSI value around 50.24, indicating neutral momentum. MACD (Moving Average Convergence Divergence): Indicates bearish crossover, suggesting downward momentum. Volume Profile: Volume seems to have increased recently, indicating higher trading activity. Candlestick Patterns: Recent candles show a bearish trend, with a notable drop in the price to the current level. Observations and Potential Scenarios Bearish Scenario: If the price breaks below the current support at 65,698 USDT, the next potential support is at 64,748 USDT. The Ichimoku cloud and the stochastic oscillator indicate further downside potential. Bullish Scenario: If the price can hold above the support and move back above the 66,363 USDT resistance (purple moving average), it might aim for the next resistance at 67,128 USDT. RSI near neutral suggests there is room for an upward move if momentum shifts. Neutral/Balanced Scenario: Price might consolidate between 65,698 USDT and 66,363 USDT in the short term before deciding the next major move. Conclusion The chart suggests Bitcoin is currently in a critical zone, with a balance of bearish and bullish indicators. Close attention should be paid to the support at 65,698 USDT and resistance at 66,363 USDT. A break below or above these levels could indicate the next significant price movement. It's important to use this analysis in conjunction with other information and market conditions to make informed trading decisions.
Short
by alemicihan
#BTC/USDT#BTC The price is moving within a bullish channel pattern on a 30-minute frame, and the price is now at the lower border of the channel Which supports the bullish assumption because the price is based on an upward trend and is moving within it We have a higher stability moving average of 100 We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 67,000 $ With a target at the upper border of the ascending channel 68600 $
Long
by CryptoAnalystSignal
4
BTC Bitcoin Technical Analysis and Trade Idea👉🔍In this video, we take a close look at BTC. Recently, it experienced a strong bullish rally, but it appears to be overextended and has reached a key resistance level. Given the overextended move and significant imbalances below, I'm looking for a sell opportunity at the current level. In the video, I share my thoughts on price action, market structure, and the trend. Remember, this content is for educational purposes only and is not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies. 📊✅
FOREXCOM:BTCUSDShort
by fxtraderanthony
4
BITCOIN ( TRADING ABOVE DEMAND ZONE ) ( 1D )BITCOIN HELLO TRADERS TENDENCY : generally the price stabilizing above turning level , indicates is under bullish pressure TURNING LEVEL : the price around 57,056 , as long as the price trading above this level reach a resistance level , breaking this level trying to touch a support level PRICE MOVEMENT : the price in previously can be stabilizing above turning level around 57,056 , and created a demand zone , currently price at 59,731 , my opinion the price retest a turning level 57,056 after rising my goal resistance level at 62,452 . PRICE ACTION : LONG CONDITION : have two cases to rising for reach a resistance level , first case the price toward directly reach a resistance level at 62,452 , second case price corrective a turning level at 57,056 before rising , if the price breaking supply zone reach a resistance level at 68,362 SHORT CONDITION : if the price breaking 57,056 by open 1D candle below this level reach a support level at 53,664 , then stabilizing below this level reach a 49,963 . TARGET LEVEL : RESISTANCE LEVEL :62,452 , 68,362 SUPPORT LEVEL : 53,664 , 49,963
BITSTAMP:BTCUSDLong
by ArinaKarayi
BITCOIN ( SENSITIVE AREA ) ( 4H )BITCOIN HELLO TRADERS Tendency the price inside a sensitive area TURNING LEVEL : a black line between resistance and support level around 59,222 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level RESISTANCE LEVEL : there is a green line above turning level around 61,964, indicates selling have already increase this level , when you reach this level buyer have more supply for bitcoin SUPPORT LEVEL : there is a red line below turning level around 56,702 , indicates buying have already increase this level , when you reach this level selling have more demand for bitcoin PRICE MOVEMENT : the price trading a sensitive area , generally stabilizing below turning level , indicates the price has taken a bearish SHORT CONDITION : the price trying to reach a turning level around 59,222 , before dropping to touch a support level at 56,702 , then breaking this level reach demand zone at 54,321 LONG CONDITION : after breaking a turning level by open 4h or 1h candle above 59,222 , the price it will attempt to reach a resistance level at 61,964 , then breaking this level reach a 64,179 TARGET LEVEL : RESISTANCE LEVEL : 61,964, 64,179 SUPPORT LEVEL : 56,702 , 54,321
BITSTAMP:BTCUSDShort
by ArinaKarayi
1
BITCOIN ( UNDER UPWARD PRESSURE ) ( 4H )BITCOIN HELLO TRADERS Tendency after the price stabilizing support trendline , indicates the price is under bullish pressure TURNING LEVEL : there is a orange line around 57,401, indicates if the price trade above this level reach a resistance level , but if the breaking turning level reach a support level RESISTANCE LEVEL: there is a green line around 59,669 , indicates selling have already increase this level , when you reach this level buyer have more supply for bitcoin SUPPORT LEVEL : there is a red line around 54,326 , indicates buying have already increase this level , when you reach this level selling have more demand for bitcoin PRICE MOVEMNET : the price stabilizing above turning level around 57,401 , in my opinion until the price trade above turning level ,indicates buying have more supply for bitcoin, so reach a resistance level at 59,669, then breaking this level reach a next target at 63,083, if the price breaking turning level , indicates selling have more demand for bitcoin, so reach 54,326 ,stabilizing below this level reach a 51,902 TARGET LEVEL : RESISTANCE LEVEL : 59,669 , 63,083 SUPPORT LEVEL : 54,326 , 51,902
BITSTAMP:BTCUSDLong
by ArinaKarayi
BTC Potential Path To $85,000We have been selling off for quite a bit which is expected after we touched 70k, lining up the trend with previous bull runs you can see that same exact pattern which consists of dipping until the sell is exhausted and the downtrend shifts to a massive pump. This is lining up perfectly with this years price action, there is a chance that August will be the start of the massive leg up which would lead to euphoria, we are quite literally about 22 days away or the downtrend shifts within a week to two and then we see a 3 month run up, this is all hypothetical, but it also makes sense with the election lining up, etf releases, the potential squeezes on GME and AMC, the universe is aligning once again, we’re almost there…. Or we go to 0, not financial advice #WAGMI
Long
by SnyyperT
2
BTC Bearish Pattern in Weekly ChartAfter a long time, BTC has been dropped with weekly candle below bottom line of Pi cycle average line. This is a bearish pattern based on the history. Now resistance is around 65000. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
INDEX:BTCUSDShort
by rukshan2102
BTC Bitcoin Technical Analysis and Trade Idea 👉🔍 In this video, we analyze BTC Bitcoin. It's evident that BTC has been showing strong bearish momentum in recent times. However, considering today is Friday, I anticipate a potentially sharp retracement as big money wind up their trades for the week and hit stops for liquidity. My strategy involves monitoring the 3-5m chart for signs of sideways movement and a potential reversal, which could present a scalp/day trade buying opportunity targeting the previous bearish imbalance. It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before considering any buying or selling decisions, as elaborated in the video. The video provides a comprehensive analysis of the current trend, market structure, and price dynamics. Remember, this educational content is designed to enhance understanding and does not guarantee outcomes. Trading inherently involves substantial risks, so employing robust risk management techniques is essential. 📈🔔
FOREXCOM:BTCUSD
by fxtraderanthony
3