Hi dear traders
Today we will examine the daily movement of BTC
Liquidity style analysis
As you can see, the price has collected the liquidity areas of buyers and sellers.
We have a strong monthly order block that has been identified.
A buy zone is identified around 18.5k to 17.6k for the long term.
The final target is close to 32.35k.
We expect the daily movement of BTC to be like this in the long term.
I hope it will be useful for long-term traders.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Today we will examine the daily movement of BTC
Liquidity style analysis
As you can see, the price has collected the liquidity areas of buyers and sellers.
We have a strong monthly order block that has been identified.
A buy zone is identified around 18.5k to 17.6k for the long term.
The final target is close to 32.35k.
We expect the daily movement of BTC to be like this in the long term.
I hope it will be useful for long-term traders.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Note
Hi dear traders Bitcoin started to move as expected.
It is moving slightly above the mentioned buy zone towards the specified target.
Of course, in this process, there are naturally reforms.
If you didn't buy, get your entry points in corrections.
Good luck
Note
Price breakout the megaphone pattern and is now back to test the upper side of the pattern as support.There is a strong order block order in the area of 26843.
If this area is maintained, the price can climb up to the 30K area in the medium term.
The main target and daily liquidity area is 32.35K.
The midline support area of the pattern is at 23K.
Let's see what happens
Note
Hi dear traders After the FOMC meeting, the market was affected.
The price dropped to the specified daily OB 26791, the upper side of the pattern acts as support.
If the support line is broken, the price will go down to the FVG area.
Targets are 25.5K, 24.277K, 23K
Otherwise, the price will return from 26791 and the first resistance is 28.8K.
Targets are 28.8K, 29.2K, 30K
In the long term, the main goal is 32K
Wait for the reaction to this area
These are the two scenarios for the move
Despite the negative divergence between price and RSI, expect to test the 25K support area
Let's see what happens
Note
Hi dear traders The price can't breakout 28.8k resistance and go down to support area
First target 26791 if lost this area next support area 25.5k
Let's see what happens
Note
Tp 26791 hit 🎯Note
The price bounced from support area and hit 29.2k 🎯Save some profit now
Next target 30k .
Note
Hi dear traders Tp 30k
Next target 32k
The price is moving according to our forecast.
Let's see what happens
Note
Hi dear traders Price is moving as per our forecast, after reaching 31k, it is now fluctuating between 30k and 31k, our expected target is near 32,35k.
Let's see what happens
Good luck
Note
Hi dear traders After reached 31k , now BTC need small correction until FVG area near 28.5 , 28.2 .
I expect price rise from this area until next target 32.3k
Let's see what happens
Good luck
Note
Hi dear traders
The price needs to accumulate liquidity to reach the 32k area.
It is now close to the daily support area.
If it holds this area, we expect a bullish scenario to near 30k.
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Note
Tp 28.025k hit 🎯As we expected, the price bounced back from 27.243k and we got a target of 28.025k.
We saved the profit.
Let's see what happens
Note
Tp 28.369k hit 🎯Save some profit now
Note
Tp 28856🎯Note
Tp 29203 hit 🎯Save some profit now
Note
Note
Tp 29617 hit 🎯Trade closed: target reached
Tp 29852 hit 🎯Full Targets 🤗
Good luck
Note
Note
Hi dear traders As you can saw in previous analysis we took porofit full targets .
Now price may bounced to near 28850 and retest this area as support.
We can open short position
Let's see what happens
Note
Tp 2985 hit🎯Note
Tp 29617 hit 🎯Note
Tp 29443 hit 🎯Note
Tp 29047 hit 🎯Trade closed: target reached
Tp 28856 hit 🎯Full Targets 🤗
Good luck
Note
Note
Hi dear traders
The price is in the 4H support area and is testing the downtrend line as support.
Three zones are marked for entry.
There is a possibility of false failure in the third area.
Last chance to reach daily liquidity zone for BTC at 32K.
Before the Great Fall...
Let's see what happens
All targets specified
This is not financial advice ( DYOR )
Good luck
Note
Hi dear traders In 1H timeframe we can see bullish divergence,
Possible secnario
1. Price rise to near 4H support area and retest this area as resistance ( long )
2. IF this area act as resistance, then price go down to support area.
All targets specified
Let's see what happens
Note
My first target from 27910 until 28464 hit 🎯First secnario
Note
Save some profit nowNote
Keep an eye to 28856 area as next targetNote
Tp2 28856 hit 🎯Save some profit now
Trade closed: target reached
I closed the long position.I am waiting for confirmation for the shorts position.
Good luck 🤗
Note
Waiting for second secnario like this 👇Note
Price return from 4H support area as we expected. First tp 28464 hit 🎯
Save some profit now
Note
Tp 28240 hit 🎯Note
Short-term sales scenario👇Let's see what happens
Trade active
Note
Tp 29203 hit 🎯Note
Tp 28856 hit 🎯Note
Tp 28464 hit 🎯Note
Note
Price tests the uptrend line as resistanceIf it fails to break this zone, the price will go down to the next support zone
We saved the profit
Note
Tp 28240 hit 🎯Note
Tp 28077 hit 🎯Trade closed: target reached
We got 4.98% profits Note
Hi dear traders As you saw in previous analysis we got 4.98% profit ( full target )
The price has formed an M pattern in the daily time frame.
Now to confirm this pattern, price tests the neckline as resistance.
If the pattern is confirmed, the price will go down to the specified area.
Let's see what happens.
All targets specified
This is not financial advice ( DYOR )
Trade active
Fake breakout in 4H time frameNote
Tp 27243 hit 🎯Note
Tp 27039 hit 🎯Note
Tp 26791 hit 🎯Note
Save some profit nowNote
Tp 26569 hit 🎯Note
Tp 26199 hit 🎯Trade closed: target reached
Full Target ✔✔We made a profit of 5.97% from the first entry
Good luck 🤗🤗
Note
In 1H time frame, RSI is oversold.
It is possible to return the price up to 27K.
This is very risky.
I open this trade, a limit buy order with an appropriate stop loss.
Let's see what happens 😉😉
This is not financial advice
Trade active
Note
SL 25500Tp1 26428
Tp2 26569
Tp3 26791
Tp4 26905
Tp5 2700
Note
Tp 1 hit 🎯Note
Tp2 hit 🎯Note
Tp3 hit 🎯Note
Save some profit nowNote
Tp 4 hit🎯Trade closed: target reached
Tp5 hit 🎯Full Targets ✔✔
Good luck 🤗
Note
As you saw in the previous analysis, we took full profit.
BTC is now moving in a descending channel.
The 27.2K area is the resistance and neckline of the H&S pattern in daily time.
There is a possibility of false breakout up to this area.
The stop of the sellers is in this area.
Therefore, we set the stop loos higher, close to the daily EMA50 (27735).
We expect the price to drop down to the daily support area, near 25.4K.
Let's see what happens
All targets specified
This is not financial advice ( DYOR )
Note
Rtest resistance area False breakout
Note
Tp 26609 hit 🎯Trade active
Note
Tp 26241 hit 🎯Note
Tp 25951 hit 🎯Trade closed: target reached
Note
Hi dear traders In the previous analysis, we saved profit.
Now in the time frame of 30 minutes, if the desired support is reached and the relevant approvals are issued, we can open a long position.
The entry support range is between 26800 and 26600.
If these areas are maintained, we expect to rise.
Let's see what happens
All targets specified
This is not financial advice ( DYOR )
Note
The price is moving as expected so far.
Let's see what happens
Note
The price reached the support area.
Strong order block area.
Bullish divergence between price and RSI
We can open a limited buy order in short term.
Let's see what happens
Trade active
Note
Tp 26809 hit🎯Tp 27139 hit 🎯
Save some profit now
Note
Tp 27410 hit 🎯Trade closed: target reached
Note
BTC possible daily movement Let's see what happens
Note
BTC Sell Limit
Let's see what happens
Note
Tp 26506 hit 🎯Trade closed: target reached
Full Target 🎯Good luck 🤗
Trade closed: target reached
Tp 24885 hit 🎯
Good luck 🤗
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.