Hello everyone!
I have been getting DM's about what to do with BTC and if there are any opportunities. I am already in the opportunity because of the buy ins I used when the price of BTC went to 9.3K.
Missed that buy in? that's I post my charts on Tradingview but the finer details are saved for the groups where I am a Technical Analyst.
I do always drop hints and give you all there is to see in the chart in the older BTC chart I mentioned this :
- next support is 9.3K-8.8K
You could have set a buy in based on that knowledge.
So what now? I have set a short term trade on this chart: Blue box being the new possible buy in zone. I am watching the orange line to use as a stop loss but I am watching it since this is a short term trade so price action can change the opinion on this but the suggestion is here none the less( I set it slightly lower though ). and are watching the profit zone.
I know most people are looking for the 12K+ price but that is just not interesting for me since I don't see any upside to that before we break the profit zone.
Trade based on:
- Ichimoku (customised settings).
- EMA's bullish signals.
-Price action confirming buying power.
-Lower volume than I'd like to see which is why this setup is short term.
-Support and resistance levels.
-Waves trend analysis
-Higher timeframe analysis ( check my older chart here clickable:
As always,
Happy Hunting!
This info does not hold value towards my original chart with buy ins since that one is longer term and has a different setup.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
I have been getting DM's about what to do with BTC and if there are any opportunities. I am already in the opportunity because of the buy ins I used when the price of BTC went to 9.3K.
Missed that buy in? that's I post my charts on Tradingview but the finer details are saved for the groups where I am a Technical Analyst.
I do always drop hints and give you all there is to see in the chart in the older BTC chart I mentioned this :
- next support is 9.3K-8.8K
You could have set a buy in based on that knowledge.
So what now? I have set a short term trade on this chart: Blue box being the new possible buy in zone. I am watching the orange line to use as a stop loss but I am watching it since this is a short term trade so price action can change the opinion on this but the suggestion is here none the less( I set it slightly lower though ). and are watching the profit zone.
I know most people are looking for the 12K+ price but that is just not interesting for me since I don't see any upside to that before we break the profit zone.
Trade based on:
- Ichimoku (customised settings).
- EMA's bullish signals.
-Price action confirming buying power.
-Lower volume than I'd like to see which is why this setup is short term.
-Support and resistance levels.
-Waves trend analysis
-Higher timeframe analysis ( check my older chart here clickable:
As always,
Happy Hunting!
This info does not hold value towards my original chart with buy ins since that one is longer term and has a different setup.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Comment:
Forgot to mention the safer buy in: 11.2K> with a stop loss around 10.8K-10.9K
Comment:
So right after posting a enormous bearish candle showed up...
Some bad luck with the time of posting but keep a eye on the signals the candles can give because of the short term setup.
wait for a bullish candle to buy in.
Some bad luck with the time of posting but keep a eye on the signals the candles can give because of the short term setup.
wait for a bullish candle to buy in.
Trade closed: stop reached
Trade closed: stop reached:
too bad the trade got killed so early on, luckily for us it was only -2.5%.
Comment:
A beautiful example of a whipsaw, except for those that but the stop loss slightly below the orange line as suggested.