🤩 Long 🟢 : Bitcoin Short-Term Analysis
Pair: #BTCUSDT
Interval: 60
Date: 10/10/2024 17:02
Exchange:
Bitcoin's rally from $59,830 to $64,470 has identified key levels. The current movement near the support zone ($60,000-$59,100) and Potential Reversal Zone is being monitored. A Regular Divergence (RD+) is anticipated post-touching the support zone. As per Elliott's wave theory, completion of wave 5 is expected, with a rise above $61,000 as the first target. If the support zone is breached, further downside is likely.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
Pair: #BTCUSDT
Interval: 60
Date: 10/10/2024 17:02
Exchange:
BinanceBitcoin's rally from $59,830 to $64,470 has identified key levels. The current movement near the support zone ($60,000-$59,100) and Potential Reversal Zone is being monitored. A Regular Divergence (RD+) is anticipated post-touching the support zone. As per Elliott's wave theory, completion of wave 5 is expected, with a rise above $61,000 as the first target. If the support zone is breached, further downside is likely.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
🤩 Long 🟢 : Bitcoin Dips Below $60K: Cause for Concern?
Pair: #BTCUSD
Interval: 1D
Date: 10/10/2024 20:41
Exchange:
Bitcoin broke below the $60000 mark again for the first time since September 18. Headlines are already circulating predicting further downside, despite the formation of the first Higher High in 6 months on September 27. The uptrend since the August 05 bottom is supported by a Higher Lows trend-line, with the possibility of a breakout above the 7-month Lower Highs trend-line if the 1W MA50 holds. This pattern resembles an Inverse Head and Shoulders, with a potential price target of $80000 based on the Fibonacci extension.
#BTCUSD is tradable on CRYPTO 🚀💰
#BTCUSD | #Bitcoin | #CRYPTO
Pair: #BTCUSD
Interval: 1D
Date: 10/10/2024 20:41
Exchange:
CRYPTOBitcoin broke below the $60000 mark again for the first time since September 18. Headlines are already circulating predicting further downside, despite the formation of the first Higher High in 6 months on September 27. The uptrend since the August 05 bottom is supported by a Higher Lows trend-line, with the possibility of a breakout above the 7-month Lower Highs trend-line if the 1W MA50 holds. This pattern resembles an Inverse Head and Shoulders, with a potential price target of $80000 based on the Fibonacci extension.
#BTCUSD is tradable on CRYPTO 🚀💰
#BTCUSD | #Bitcoin | #CRYPTO
😵 Short 🔴 : Bitcoin's Impending Breakout from Pennant Formation Signals Potential Decline to $59K
Pair: #BTCUSDT
Interval: 180
Date: 09/10/2024 11:55
Exchange:
Bitcoin's price recently fluctuated within a wedge pattern, breaking support levels and reaching resistance levels. The cryptocurrency showed signs of potential decline, with traders monitoring a possible exit from the pennant formation. A target price of 59000 points was set based on this analysis.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
Pair: #BTCUSDT
Interval: 180
Date: 09/10/2024 11:55
Exchange:
BinanceBitcoin's price recently fluctuated within a wedge pattern, breaking support levels and reaching resistance levels. The cryptocurrency showed signs of potential decline, with traders monitoring a possible exit from the pennant formation. A target price of 59000 points was set based on this analysis.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
🤩 Long 🟢 : Bitcoin Projected to Surpass $70K in October
Pair: #BTCUSDT
Interval: 240
Date: 09/10/2024 23:39
Exchange:
Bitcoin is showing signs of an uptrend in the short term, with the price hitting the resistance zone of $66,000 to the $60,000 support area following a correction. The corrective trend line has been broken, indicating a potential short-term price uptrend that will continue as long as the $60,000 support holds. A Trading Signal to Buy BTCUSDT Bitcoin (4h) has been identified, with traders advised to consider opening Buy Trades at current levels or at $60,500, setting a stop loss at $58,000, and target prices at $65,500, $68,500, and $70,500.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
Pair: #BTCUSDT
Interval: 240
Date: 09/10/2024 23:39
Exchange:
BinanceBitcoin is showing signs of an uptrend in the short term, with the price hitting the resistance zone of $66,000 to the $60,000 support area following a correction. The corrective trend line has been broken, indicating a potential short-term price uptrend that will continue as long as the $60,000 support holds. A Trading Signal to Buy BTCUSDT Bitcoin (4h) has been identified, with traders advised to consider opening Buy Trades at current levels or at $60,500, setting a stop loss at $58,000, and target prices at $65,500, $68,500, and $70,500.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
😵 Short 🔴 : Impending BTCUSDT Price Correction: Target Set at $50K
Pair: #BTCUSDT
Interval: 1D
Date: 10/10/2024 12:52
Exchange:
BTCUSDT is expected to experience a significant decline towards the target of 50K. A harmonic pattern near the 66,500 level has been identified, increasing the likelihood of a bearish movement. Profit-taking opportunities are being sought near key support levels at 59,500, 56,000, 53,800, and 50,250.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
Pair: #BTCUSDT
Interval: 1D
Date: 10/10/2024 12:52
Exchange:
BinanceBTCUSDT is expected to experience a significant decline towards the target of 50K. A harmonic pattern near the 66,500 level has been identified, increasing the likelihood of a bearish movement. Profit-taking opportunities are being sought near key support levels at 59,500, 56,000, 53,800, and 50,250.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
🤩 Long 🟢 : Bitcoin Price Correction Followed by Upsurge Towards Trend Line
Pair: #BTCUSDT
Interval: 60
Date: 10/10/2024 12:43
Exchange:
Bitcoin analytics were prepared, with the price reaching the trend line and rebounding to the resistance level, coinciding with the resistance zone. Trading within this range, the price broke the 63600 level, later dropping to the support level. A small correction is expected before moving towards the trend line. The goal is set at 63000 points.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
Pair: #BTCUSDT
Interval: 60
Date: 10/10/2024 12:43
Exchange:
BinanceBitcoin analytics were prepared, with the price reaching the trend line and rebounding to the resistance level, coinciding with the resistance zone. Trading within this range, the price broke the 63600 level, later dropping to the support level. A small correction is expected before moving towards the trend line. The goal is set at 63000 points.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
😶 Neutral 🟡 : Selling Recommendation for BTCUSDT: Exercise Caution
Pair: #BTCUSD
Interval: 240
Date: 10/10/2024 03:09
Exchange:
The decision to continue shorting was made. The price was observed trading within the resistance area, then reversing and falling to the support level, breaking through the 64,000 level. The price subsequently rose briefly before falling below the support level and reaching the trend line. BTC then began rising, recovering to the 57,500 level, breaking through, and continuing its upward trajectory. The trendline was later adjusted to align with support, resulting in a rebound to resistance. Bitcoin fluctuated around this level before surpassing the resistance area. However, it recently reversed its course, falling to the trend line and dropping below it. It is anticipated that BTCUSDT will retest the trend line and proceed downward, with a target set below 60K and a final target of 53K.
#BTCUSD is tradable on Coinbase 🚀💰
#BTCUSD | #Bitcoin | #Coinbase
Pair: #BTCUSD
Interval: 240
Date: 10/10/2024 03:09
Exchange:
CoinbaseThe decision to continue shorting was made. The price was observed trading within the resistance area, then reversing and falling to the support level, breaking through the 64,000 level. The price subsequently rose briefly before falling below the support level and reaching the trend line. BTC then began rising, recovering to the 57,500 level, breaking through, and continuing its upward trajectory. The trendline was later adjusted to align with support, resulting in a rebound to resistance. Bitcoin fluctuated around this level before surpassing the resistance area. However, it recently reversed its course, falling to the trend line and dropping below it. It is anticipated that BTCUSDT will retest the trend line and proceed downward, with a target set below 60K and a final target of 53K.
#BTCUSD is tradable on Coinbase 🚀💰
#BTCUSD | #Bitcoin | #Coinbase
🤩 Long 🟢 : BTCUSD Trend Analysis: Positive Momentum Towards $70,000
Pair: #BTCUSD
Interval: 240
Date: 10/10/2024 12:04
Exchange:
A clear correction structure has been formed on the BTC chart, with an ascending wedge and a head and shoulders pattern observed. The bullish scenario is deemed more likely, with a projected rise to 67k and 70k anticipated in the near term.
#BTCUSD is tradable on Bitstamp 🚀💰
#BTCUSD | #Bitcoin | #Bitstamp
Pair: #BTCUSD
Interval: 240
Date: 10/10/2024 12:04
Exchange:
BitstampA clear correction structure has been formed on the BTC chart, with an ascending wedge and a head and shoulders pattern observed. The bullish scenario is deemed more likely, with a projected rise to 67k and 70k anticipated in the near term.
#BTCUSD is tradable on Bitstamp 🚀💰
#BTCUSD | #Bitcoin | #Bitstamp
😶 Neutral 🟡 : Bitcoin's Future Direction: Upward Surge or Final Decline?
Pair: #BTCUSD
Interval: 960
Date: 09/10/2024 20:21
Exchange:
Bitcoin's next move is being analyzed, with potential for a final dip before a bullish rally. Key patterns on the chart suggest downside risk, including bearish formations and price targets. The long-term outlook remains bullish, with price targets reinforcing positive prospects for 2024-2025. Close monitoring of Bitcoin's movements is advised.
#BTCUSD is tradable on INDEX 🚀💰
#BTCUSD | #Bitcoin all time history index | #INDEX
Pair: #BTCUSD
Interval: 960
Date: 09/10/2024 20:21
Exchange:
INDEXBitcoin's next move is being analyzed, with potential for a final dip before a bullish rally. Key patterns on the chart suggest downside risk, including bearish formations and price targets. The long-term outlook remains bullish, with price targets reinforcing positive prospects for 2024-2025. Close monitoring of Bitcoin's movements is advised.
#BTCUSD is tradable on INDEX 🚀💰
#BTCUSD | #Bitcoin all time history index | #INDEX
😶 Neutral 🟡 : Key Technical Point on BTC/USDT 1-Day Chart
Pair: #BTCUSDT
Interval: 1D
Date: 10/10/2024 13:09
Exchange:
Bitcoin is being traded within a descending channel, suggesting a bearish trend continuation unless a breakout occurs. A critical resistance range lies between $66,000 and $70,000. Breaking below the $50,000 support level on the lower trendline could trigger a substantial decline. The moving average, also acting as support and resistance, shows bearish sentiment as BTC trades below it. Market updates should guide trading strategies.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance
Pair: #BTCUSDT
Interval: 1D
Date: 10/10/2024 13:09
Exchange:
BinanceBitcoin is being traded within a descending channel, suggesting a bearish trend continuation unless a breakout occurs. A critical resistance range lies between $66,000 and $70,000. Breaking below the $50,000 support level on the lower trendline could trigger a substantial decline. The moving average, also acting as support and resistance, shows bearish sentiment as BTC trades below it. Market updates should guide trading strategies.
#BTCUSDT is tradable on Binance 🚀💰
#BTCUSDT | #Bitcoin | #Binance