Btcusdlong
BTCUSD - Decision TimeIn the weekly, price has tipped the green CL.
The CL is a level where price is in balance, and from where it will move to a extreme.
With enough enthusiasm, price will be able to cross above the green CL. If not, we travel back to the south.
Arrows are potential profit targets.
Falls in price deceive. Bitcoin's Daily Chart is Demand-driven!
I know Bitcoin sold off really quickly about 48 hours ago trying to reach higher highs and resistance. Price also made no further attempts to retest the breakout high price, but not yet.
Daily chart is attached. It looks indicative of higher prices to my eyes, but we only see what we see. If I am missing something more bearish please write in the comments. It's a learning curve for us all.
Quickly my reasons, Bitcoin switched to a Demand-channel in recent months, you know higher highs and higher lows, now recently Bitcoin price has remained in the upper part of channel, for me that is a bullish sign. Check the chart. Thanks for reading.
BTC scalp in low timeframe Hello traders,
Here are some key points regarding my current outlook:
1. **Strong Bullish Trend**: BTC is showing strength in both high and low timeframes, indicating a solid upward momentum.
2. **Key Level for Entry**: I've identified $68,500 as a favorable level for a buy position. This could serve as a strong support point if the price retraces.
3. **Confirmation**: Look for confirmation signals at this level, such as bullish candlestick patterns or increased volume, to enhance the validity of your entry.
4. **Risk Management**: Ensure you have stop-loss strategies in place to protect your capital in case the market moves against your position.
5. **Market Monitoring**: Stay updated on any news or events that could influence BTC's price to make well-informed decisions.
If you have any further insights or questions, feel free to share!
Bitcoin targets 70K! - #BTC AnalysisBitcoin and risk assets have been looking great lately. I believe the upward momentum will continue in the upcoming weeks. The golden bull run is coming for crypto, in my opinion.
Current state:
I believe we tested diagonal resistance and were rejected there (possibly taking profits from those who bought at the bottom).
I would expect a retracement to the 'Long Zone' marked on the chart. The retracement may potentially take a bit longer and might create a range for a couple of days. However, after the retracement, I do expect to see 70K being smashed rapidly.
Are BTCUSD Longs about to be Activated? PVPSMCSHere is an analysis of BTCUSD. HTF is Corrective and mitigated. The MTF CHoCH was broken changing the btcusd immediate bias to a bullish momentum. Therefore all thats left is for LTF to align itself with the HTF & MTF to ride the Long. Overall BU is Buying. Start looking for Long opportunities from the 61 319 price.
Are BTCUSD Longs about to be Activated? PVPSMCSHere is an analysis of BTCUSD. HTF is Corrective and mitigated. The MTF CHoCH was broken changing the btcusd immediate bias to a bullish momentum. Therefore all thats left is for LTF to align itself with the HTF & MTF to ride the Long. Overall BU is Buying. Start looking for Long opportunities from the 61 319 price.
BITCOIN long setup / Bulls or Bears, Tell me in CommentsBINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Traders
💥Long position on BTC
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
63,900
64,500
65,300
66,150
67,000
🔴SL:
60,100
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
BTCUSD SELLBitcoin is following a downtrend, as we all know.
Making money in opposite direction than the market trend is sometimes difficult, but, as market is now making higher highs, I have a sell trade for you guys from here, a buy from a good zone, and after that, potential sells as the market will continue to drop.
So, I have mentioned 4 trades for you to follow at your own risk. This is just an advice depending on my own analysis.
#Happy_Trading
Long Setup on Bitcoin / Bulls or Bears, Tell me in CommentsBINANCE:BTCUSDT
COINBASE:BTCUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
59600
60330
61150
61800
62600
🔴SL:
55925
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.