$BTC Market Analysis
If the price action maintains its lower high level, we could see it filling out the candle imbalance level marked between $60,660 to $59,413 before any downward liquidity movement.
However, if the price action shifts and flips its resistance level, an upward price movement could be expected. 📊🔄
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Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
August 17, 2024
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⚪️TECHNICAL (1D)
Bitcoin is currently in a consolidation phase following a robust bullish rally from the $38.5K zone. After a significant upward surge, the market is now experiencing a period of sideways movement, characterized by lower volatility and reduced trading volumes. This phase often represents a temporary pause where the market gathers momentum for the next decisive move.
⚪️WRAP-UP (VIP)
A breakout above the consolidation range could signal the continuation of the bullish trend, while a breakdown might suggest a deeper retracement before the next significant move.
$BTC DAILY RANGE:
📈Upper Limit: 60000
📉Lower Limit: 57000
(+-10% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲55000
🔴SHORT
💲62500
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Bitcoin Bullets® Trading
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Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
August 16, 2024
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⚪️TECHNICAL (2H)
BTC appears to be forming a harmonic pattern, suggesting a potential trend reversal near the upcoming Potential Reversal Zone (PRZ). If bulls manage to push the price above the $60,000 level and sustain a candle close or successful retest above it, it will reinforce a bullish outlook.
⚪️WRAP-UP (VIP)
BTC is forming a harmonic pattern, with a possible reversal at the potential reversal zone. A candle close or retest above $60K would confirm a bullish signal.
$BTC DAILY RANGE:
📈Upper Limit: 59900
📉Lower Limit: 56000
(+-11% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲52000
🔴SHORT
💲63000
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Bitcoin Bullets® Trading
📌$STEEM/USDT (LONG)
Leverage: 5-10x
TARGETS
0.161✅
0.164✅
0.17✅
Profit: 75.9% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$BICO/USDT (LONG)
Leverage: 5-10x
TARGETS
0.2243✅
0.227✅
Profit: 22.1% (10X)🥂🔥
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- Bitcoin Bullets® Trading
$TON Market Analysis
The price action of $TON on the daily timeframe has formed a rising wedge pattern and has played out accordingly, bouncing back from its horizontal support level marked between $5.542 to $5.303.
Currently, the price has broken out of the resistance trendline, but we might expect a drop as a retest level.
However, if the price action flips the horizontal resistance level into a support level, we could see a potential pump in the price action. 🚀📉
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Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
August 14, 2024
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⚪️TECHNICAL (1H)
Bitcoin has recently broken out of a symmetrical triangle pattern, accompanied by a notable increase in trading volume, which is a positive sign for potential upward momentum. However, a failure to maintain this level, resulting in a rejection and a subsequent candle close back below the triangle, would invalidate the breakout. This could indicate a potential bearish reversal.
⚪️WRAP-UP (VIP)
BTC has broken out of the triangle with good volume. A successful retest above confirms a bullish move; a rejection and close below signal a bearish reversal.
$BTC DAILY RANGE:
📈Upper Limit: 61600
📉Lower Limit: 58300
(+-12% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲58000
🔴SHORT
💲68000
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Bitcoin Bullets® Trading
$BICO Market Analysis
$BICO on the M5 timeframe has already hit our 2 TPs! 🎯
Consider moving your stop-loss to breakeven for a smoother and stress-free ride. 🚀
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Bitcoin Bullets® Trading
📌$LQTY/USDT (LONG)
Leverage: 5-10x
TARGETS
0.86✅
0.87✅
0.91✅
Profit: 70.6% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$BICO/USDT (LONG)
Leverage: 5-10x
ENTRY
0.2 to 0.2221
OTE: 0.21
TARGETS
0.2243
0.227
0.230
0.235
0.245
0.3
0.6
1
SL
0.1885
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- Bitcoin Bullets® Trading
$SAGA Market Analysis
$SAGA Daily Timeframe Update: 📈 The price action is bouncing back from its horizontal support level after breaking out of the descending triangle's resistance trendline.
Currently, it's respecting the horizontal resistance zone between $1.94 to $1.67. 🛑
However, the price action has left a candle imbalance above the level marked between $2.74 to $2.54.
Keep an eye out for potential moves to fill this gap! 🚀
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Bitcoin Bullets® Trading
📌$OXT/USDT (LONG)
Leverage: 5-10x
TARGETS
0.0682✅
0.0695✅
Profit: 112% (10X)🥂🔥
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- Bitcoin Bullets® Trading
$WAXP Market Analysis
$WAXP Down 11.5% with 10X Leverage! 🚨 Move Your Stop Loss to Breakeven NOW for a Smoother Ride! ⏳💥
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Bitcoin Bullets® Trading
📌$STEEM/USDT (LONG)
Leverage: 5-10x
TARGETS
0.161✅
0.164✅
Profit: 38% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$STEEM/USDT (LONG)
Leverage: 5-10x
TARGETS
0.161✅
0.164✅
0.17✅
Profit: 75.9% (10X)🥂🔥
➖➖➖➖➖
- Bitcoin Bullets® Trading
📌$OXT/USDT (LONG)
Leverage: 5-10x
TARGETS
0.0682✅
0.0695✅
Profit: 112% (10X)🥂🔥
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- Bitcoin Bullets® Trading
$BTC Market Analysis
The price action of $BTC on the H4 timeframe is consolidating at its horizontal resistance level, marked between $58,600 and $58,099.
There's a potential for rejection at this level, which could lead to a drop in the price of $BTC. 📉
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Bitcoin Bullets® Trading
📌$BICO/USDT (LONG)
Leverage: 5-10x
TARGETS
0.2243✅
0.227✅
0.230✅
0.235✅
Profit: 58.1% (10X)🥂🔥
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
August 15, 2024
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⚪️TECHNICAL (1H)
BTC is currently trading within a well-defined range, characterized by horizontal support and resistance levels. The price has recently rebounded from the support area, signaling continued interest from buyers at this level. Given the technical setup, we can anticipate a phase of consolidation within this range until a decisive breakout or breakdown occurs.
⚪️WRAP-UP (VIP)
BTC is range-bound, currently rebounding from horizontal support. Consolidation is expected until a breakout or breakdown is confirmed by a retest.
$BTC DAILY RANGE:
📈Upper Limit: 62000
📉Lower Limit: 57600
(+-10% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲55000
🔴SHORT
💲65000
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Bitcoin Bullets® Trading
📌$BLZ/USDT (SHORT)
Leverage: 5-10x
TARGETS
0.260✅
0.257✅
0.253✅
0.249✅
0.24✅
0.20✅
0.17✅
Profit: 370.4% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$WAXP/USDT (SHORT)
Leverage: 5-10x
TARGETS
0.033✅
0.032✅
Profit: 49% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$STEEM/USDT (LONG)
Leverage: 5-10x
TARGETS
0.161✅
0.164✅
0.17✅
Profit: 75.9% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$BICO/USDT (LONG)
Leverage: 5-10x
STATUS UPDATE
Expected price action, make sure to have entry and take profit orders in place for this position. The market is expected to see further volatility meaning tight risk management should be in place at all times.
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
August 13, 2024
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⚪️TECHNICAL (1H)
Bitcoin is currently consolidating within a symmetrical triangle pattern. This pattern typically reflects a period of market indecision, where neither the bulls nor the bears have a clear advantage. The direction of the breakout or breakdown will likely define the short-term trend, offering traders and investors a critical point of reference for their strategies.
⚪️WRAP-UP (VIP)
Bitcoin's symmetrical triangle indicates market indecision. A breakout or breakdown will confirm the short-term trend.
$BTC DAILY RANGE:
📈Upper Limit: 60700
📉Lower Limit: 57600
(+-12% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲55300
🔴SHORT
💲62800
➖➖➖➖➖
Bitcoin Bullets® Trading
📌$STEEM/USDT (LONG)
Leverage: 5-10x
TARGETS
0.161✅
0.164✅
0.17✅
Profit: 75.9% (10X)🥂🔥
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
August 12, 2024
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⚪️TECHNICAL (1D)
Bitcoin is attempting to reclaim the $60K level after an indecisive weekly candle closure. A successful breakout and retest above $60K would serve as a bullish confirmation, signaling potential upward momentum. However, if the bulls fail to achieve this, the market could be poised for further correction.
⚪️WRAP-UP (VIP)
Bitcoin is eyeing a reclaim of the $60K zone after an indecisive weekly close. A breakout above $60K would confirm a bullish trend, but failure could lead to further market correction.
$BTC DAILY RANGE:
📈Upper Limit: 61900
📉Lower Limit: 57600
(+-13% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲55000
🔴SHORT
💲63500
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Bitcoin Bullets® Trading
📌$CTSI/USDT (LONG)
Leverage: 5-10x
TARGETS
0.143✅
Profit: 59.3% (10X)🥂🔥
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
August 11, 2024
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⚪️TECHNICAL (1D)
Bitcoin is currently trading within a descending channel near the $60,000 level. The upcoming weekly candle closure is crucial, as it could signal potential market volatility. A close above $61,000 would be a bullish indicator, suggesting further upward momentum. Conversely, a close below $60,000 may indicate a market correction.
⚪️WRAP-UP (VIP)
BTC is trading in a descending channel around $60K. The weekly candle closure is key, with a close above $61K signaling bullish momentum, while below $60K suggests a potential correction.
$BTC DAILY RANGE:
📈Upper Limit: 61900
📉Lower Limit: 60200
(+-12% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲56000
🔴SHORT
💲68000
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Bitcoin Bullets® Trading
📌$BLZ/USDT (SHORT)
Leverage: 5-10x
TARGETS
0.260✅
0.257✅
0.253✅
0.249✅
0.24✅
0.20✅
0.17✅
Profit: 370.4% (10X)🥂🔥
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- Bitcoin Bullets® Trading