BTC - Be careful of $23950BYBIT:BTCUSDT.P
4h time frame
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Shorting positions should notice 23950 in 4h (as I'm holding)
The circled place shows that it broken and went back above 23950, then reversed the bearish structure
Btcusdtanalysis
BTCUSDT probably heading for next 4h support zone Price breaking the 4h support 1 zone. This opens the way for downward movement to the next 1h support and then 4h support 2 zone. The path how I expect the price to move has been depicted on the chart.
Intraday SELL Bitcoin (21 FEB 2023)BTCUSD intraday trading alert
3 simple steps to find a quality setup !
Risk Reward Ratio 1: 2
Anyone same idea with me?
SELL Bitcoin
Good luck traders..
BTCUSDT to break 4h resisatance and move higherPrice was consolidating under 4h resistance 1 zone and finally broke out of that to the upside. I believe this 4h resistance 2 zone is not going to bother the price much this time and the price, with just a bit of hesitation, will break it to the upside.
Bitcoin BTC price trade and analysis situation on crypto marketToday, we will try to draw up a trading plan for the BTCUSDT pair and the cryptocurrency market in general for the current week.
After BTCUSDT hit a new high last week, sellers tried to push the price down. As a result, the price dropped quite sharply from $25250 to $23350.
The weekend has passed, and it looks like buyers are not planning to give up.
It is very likely that a consolidation trade is taking place now to continue the growth.
Trading plan:
if buyers manage to keep the price above $24000 or breakthrough and gain a foothold above $25200, this is a "strong long" with a likely continuation of growth to at least $27300-27400
if the price is fixed below $24000, the correction will continue to at least $22000, and maybe even lower
The main thing is to wait until one of the conditions is fulfilled and then make a trading decision.
If you look at the ideas that we made last year on big time frames:
Bitcoin & Cryptocurrency results of 2022 and plans for 2023-2025
How much can the Crypto market capitalization grow by 2025🔥?
it seems there is still time, space, and opportunity for continued growth in the near future, both for Bitcoin and altcoins.
What are your thoughts? What will happen to the market this week? Share your thoughts in the comments
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BTCUSDT likely to hit previous 4h support zoneBTCUSDT clearly got rejected from the 4h resistance 2 zone marked on the chart. Currently it is struggling to hold the 4h resistance 1 zone from where it broke out and attempted to break next resistance zone. The price will momentarily bounce here as current zone marked as 4h resistance 1 zone will act as a support.However, a next hit to this zone will let the price flow towards the next 4h support area.
BTC Bitcoin New Week MovePair : BTC ( Bitcoin )
Description :
Break of Structure and Making its Retracement till its Daily Resistance Level
Divergence
Completed " 123 " Impulsive Wave and making Correction for the " 4th " Impulsive Wave
Impulse Correction Impulse
It can Reject from the Current Level or it can Go till the Daily S / R Level
BTCUSDT : Analysis , 1DHello traders, we want to check the Bitcoin chart in the daily time frame. The price has broken out of a descending channel, but this does not mean that the upward trend has started. After settling in a range channel, the price has now reached the channel ceiling. How the price reacts to this area plays an important role in the future trend of the market. In order for the overall market trend to become upward, the price of Byte can break this area well. If the price can break this area, the next targets we expect are the price It will reach 28,000 and then 30,000, but if the price shows its weakness and fails to break the area upwards, we expect it to fall around the price of 21,000. Good luck.
BTC - Great block orderBYBIT:BTCUSDT.P
4H time frame
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Notice the possibility to make a bigger right shoulder.
Great block order is around $22800
BTCUSDT to retest 4h support around 23736Price closed below 4h support yesterday and then bounce to hit the 4h resistance 1 zone again. Price is likely to hit the current 4h support zone around 23736 level.
BTCUSDT likely to retest the 24936 levelThe price has dipped below 4h support region. But the current 4h candle is still active and very likely will close above 4h support and target for the upper resistance zone marked on the chart around 24936 level.
BTCUSDT right on its way to monthly resistance of 35k-37k zoneLet again have a look at the monthly view. We are on the right path on the monthly resistance around 35k-37k zone. This was also mentioned in one of the posts on 29th January.
There will be some pullbacks in between but I think the probability favors that the price hits the monthly resistance.
BTCUSDT heading for next weekly resistance at 29700Weekly candle looking very strong and good. Next weekly resistance sits around 29700. Looks like price is headed first for that weekly resistance. As mentioned in one of the previous posts on jan 29th, the significant target is monthly resistance at 35k-37k range. But let us focus on the weekly first.
BTCUSDT likely to head to previous 4h resistance truned supportBTCUSDT likely to hit the previous 4h support area. That level is around 22666.
Bitcoin longBitcoin broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 24200 is possible.
BTCUSD 30m Short sellingHello guys,
This is a very urgent trade. What are we going to see today is Bitcoin. COINBASE:BTCUSD is coming very fast to continue its resistance level . So speed is very important in this. This is an opportunity to short sell .
Trade safe!
Thanks & Regards,
Alpha Trading Station
