BTC/USDT Trade Strategy for FOMC!Bitcoin is currently trading right around the $23k area.
Lower Support is around the $22.3k level.
This is my strategy for the meeting:-
I am holding no leverage long positions as of now.
I have placed orders for Doge and BTC.
Lower levels to long BTC are $22322, $22569, and $22689.
These can easily get filled with choppy price action.
FOR NEW TRADERS:- Do not trade at all!
Wait for the market to settle down and get entries a few hours after the announcement.
DYOR, This is not financial advice.
The two scenarios are shown in this chart.
Which one do you think is highly likely?
Invalidation:- Break and close below $21878, which will be our Stop Loss.
Do show your support, it motivates me to post frequently.
Thank you
#PEACE
Btcusdlong
LETS PUMP THIS BABY. BTC/USDT ANALYSIS THIS IS NOT A FINANCIAL ADVICE....this video is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.
LET'S GATHER AT 25K AND TALK WHAT ARE THE NEXT POSSIBLE ZONE! TUNE IN!
Bitcoin to leg up?Bitcoin - 24h expiry - We look to Buy a break of 24011 (stop at 23379)
Our short term bias remains positive.
There is no clear indication that the upward move is coming to an end.
A break of the recent high at 23956 should result in a further move higher.
We are trading at overbought extremes.
Daily signals are bullish.
Our profit targets will be 25641 and 25941
Resistance: 23100 / 23500 / 23923
Support: 22700 / 22500 / 22300
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BTCUSD heading higher after retesting 4h support at 22860So the last post talked about getting the support around 22860 and bounce. It bounced yesterday and again today from that level which is 4 hour support area. Now it has blasted through the recent 4 hour resistance sitting at 23200.
Price is also trading currently above the monthly resistance and inside the weekly resistance zone. Lets watch the price action but it is looking promising. I think it is going to cross the recent high as it has higher probability but before that there could be a retest of 23200 level.
Psychology of a Market Cycle Ft. BitcoinPsychology of a Market Cycle Ft. Bitcoin
Tried to match the psychology of Market Cycle with Bitcoin, I think we are about to see a price target of $14-$16k before the actual rally begins.
This was a very well executed market cycle by the whales and market makers.
Healthy for long term.
Bitcoin - THIS Support MUST HOLD❗Hi Traders, Investors and Speculators of the Charts 📈📉
Here's a quick 3min video for a potential long-setup on Bitcoin with an entry point, a take profit point and a stop loss point.
Here's my previous analysis on near term price action on BTC, which played out almost exactly:
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BITCOIN: A BULLISH RALLY AWAITS!Hello traders, I hope you all are doing great.
In this update, I am gonna answer all your doubts related to Bitcoin. Out of all the DMs, I have short-listed three questions, 1) Where BTC is heading next? 2) When are we gonna see a bull run in the market? and 3) What is the support and resistance for BTC?
Before we begin, let me clarify that this update is based on my analysis and research. So, do your own research before investing.
Alright, BTC has shown some impressive moves last January and it still continues to hold the $23k level. So far, the market has been doing well and we can expect some more positive rallies in the coming days.
1. Where BTC is heading next?
Ans: If you check the daily timeframe then you will notice that BTC has broken above the resistance trendline. And in this weekly timeframe, BTC is yet to hit the $25k resistance. So, most probably, BTC should hit the $25k target next.
2. When are we gonna see a bull run in the market?
Ans: According to this weekly chat, BTC is already in the uptrend rally and if things go with the bulls then by February to April 2024 we will witness a new all time high on BTC.
3. What is the support and resistance for BTC?
Ans: Currently, there are two support ranges for BTC, $18k to $19k, and $16k. Also, we have a resistance of $25k which is crucial for BTC to break above to continue a higher rally.
Conclusion: BTC must break out above the $25k resistance in order to continue this uptrend. We might see some corrections in between and I will consider it to accumulate more BTC and other major altcoins. BTC has done it before and BTC will do it again so keep believing and keep improving.
BTC/USDT. I think that BTC looks like correcting to EMA200 already, it would be safest scenario for us. We are expecting BTC needs this react as a pullback, red box is a important area for BTC.
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
BTC - WE GOING LONG BOIIIIIIIIS WHY NOTTHIS IS NOT A FINANCIAL ADVICE....this video is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.
Thinking to hold still for BTC for now. Hitting that 25k grab will be legit fun!
BTC Long to 21000k !- Price has taken liquidity at 17500 and respected supply zone at 18500.
- Also price taken away the liquidity at 16700 breaking the last equal lows.
- Now we have a full retest on the last low (demand zone) before changing the character.
- I See a an impulsive bullish move to 20k - 21k (Technical analysis)
BTCUSDT Weekly Close UpdateIt seems, BTCUSDT could not push price through the weekly resistance. There was not enough demand at this level and now it has been put back into the old range. It seems it needs to gain some more momentum before it can break out through this weekly resistance level at 24336 level. The price has fallen also below the monthly resistance. Usually it will not be that relevant if there are many days for the monthly candle to close. But here we have only a day left and that can become a cause of concern as that may trigger a larger pullback before any further upward move. However, there is still possibility of price to put a bit further upward into the weekly resistance and consolidate there during the monthly close and a breakout later through weekly resistance after some more consolidation. Let us see how the price action develops today and tomorrow.
Possible level for BTCThis is a very basic and general idea about what we had as a resistant and support level between the $20k to $69k. Desipite of everyone is mentioning that bear is finished and we will have new ATH or this is just bull trap, you can find yourself a pretty good simple technical analysis of what level we should pass. At worst case scenario we need to at least reach a 0.5 Fib to say that we have retracement of crash and ready for the next one. Best case scenario starts when we pass 0.786.
If we pass that level then I will be joining everyone to watch the market for better market.
ANYTHING IS POSSIBLE, AND TECHNICAL ANALYSIS IS TO FIND THE POSSIBILITIES.
While macro economy is not well I do not see a reason to be bullish for new ATH but we can be cheerful for a nice retracement.
Bitcoin (BTC) forming bullish BAT for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC)
In the previous trade setup, after a lot of sideways move, finally Bitcoin rallied more than 43%.
Now on a 2-hr time frame, BTC is about to complete the final leg of a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
#BTC Game of Bullish and Bearish Deviations..#BTC has been trading inside this channel for the last week.
Only a breakout will decide the trend.
All the marked deviations are merely a filtration process before the next leg.
But it's crucial for BTC to break the $23k level by this week.
Else the trend will weaken if it gets rejected again and again.
Keep an eye, better not be emotional.
IMHO, Wait for the breakout in HTF, You can't be bullish or bearish in a sideways trend.
You will only lose money trying to trade the sideways market.
DYOR, Not financial advice.
Do show your support with your likes and share your ideas in the comments.?
Thank you
#PEACE
BTCUSD next monthly resistanceIf we close above current monthly resistance strongly with a bit of fervor, our next target would be 35k-37k. We still got a couple of days left for monthly close. Let us hope that we have a strong push up before the monthly closes. That will be favorable recipe for another 50% increase in the price from current levels.
BTCUSDT Current monthly candle favoring longMonthly candle looking awesome. Please keep the high time frame chart always visible at it sets the trend. Such strong monthly candle from bottom have been observed not very often in bitcoin history. And whenever they have appeared, they have been a sign of uptrend. Therefore the probability currently favoring the long side.