TradingView
AlanSantana
May 16, 2020 3:34 PM

Bitcoin 8X Lev. Trade W/ Over 290% Potential Profits 

BITMEX:XBTUSD.P240
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

⋅
Here we are SHORT now with XBTUSD (Bitcoin) and we are going on 8X... Let's have a quick description of the above setup.

1) First, we have the higher low which we mentioned in previous articles.
2) Prices are now trading below EMA10 and we have decreasing trading volume, going lower and lower.
3) A recent rejection of prices while they tried to move and close above EMA10.
4) We are seeing long wicks pointing down.

These signals are telling us of a possible drop.
We also have the moving average lines moving below XBTUSD, prices tend to gravitate towards these lines.

  • We are active on this setup with 8X lev.
  • The total potential profits sit at 290%.


If you would like to see the full trade details (buy-in, targets, stop-loss, Liq. price, + additional information), make sure to hit LIKE. We will share the full trade at 200 likes.

Thanks a lot for your continued support.

Feel free to leave a comment if you have any questions.

This is not financial advice. Always build a plan if you decide to trade.

Namaste.

Comment

⋅
I will share tomorrow in a new trade idea, but you can also find the full trade below.

THANKS A LOT FOR YOUR SUPPORT.

This is not financial advice.
Make sure to have a plan before you trade.

-------
Trade: SHORT XBTUSD | Bitcoin 💎 @BBLREGBOT

Leverage: 8X

Buy-in: $9350 - $9800

Targets:

1) $9090
2) $8870
3) $8600
4) $8200
5) $7710
6) $6900

Stop-loss: Close daily (D) candle above $9990

Liq. price: $10728
(Buy-in calculated at $9430)

Potential profits: 293%

Capital allocation: 7%.
-------

Namaste.

Comment

⋅
A new updated trade idea will be share for Bitcoin (XBTUSD).

------------
For your entertainment...

☘️ YOU ARE ALWAYS NEEDED

In times of uncertainty.

In times of danger.

In times of pain, doubt, worries, and disease...

It is easy to get lost and entertain the feeling that life will cease to exist, but reality doesn't work like this.

Change is always happening...

Catastrophes come and go.

Now that everything is happening, it is time for some self-growth.

This stage of life will pass and once the uncertainty is all gone...

You will be called back to life...

You will be needed more than before.

Namaste.

Comment

⋅
Here we have Bitcoin (XBTUSD) signals on the hourly (1H) timeframe.

BEARISH
1 - Bearish divergence, MACD, and RSI.
2 - Lower high.
3 - Trading volume decreasing overall.

BULLISH
1 - Prices trading above EMA10
2 - Strong RSI.
3 - Bitcoin holding strong and growing.
4 - Trading above the local trendline.
5 - Higher high based on candle close.

Chart:

Comment

⋅
Feel free to visit below for the altcoins.

Make sure to leave a comment and hit LIKE if you have any questions.
It is my pleasure to help.

✳️ Bancor Prints High Volume, Time To Jump (150%+)


✳️ Enigma Gains Momentum, Conquers Resistance (Easy 120%)


✳️ Zcash, The Same Pattern Repeats, Easy 30.30% Mapped


✳️ Ambrosus Falling Wedge + Really High Volume (333%)


✳️ OmiseGO Builds On Bullish Momentum


💵 Red Pulse Phoenix Binance Final Call (Trade Inside)

Comment

⋅
1H Breaking down:


4H update:

Comment

⋅
Altcoins...

✳️ Cartesi Breaks Falling Wedge (Short-Term Move)


✳️ Take A Look At This... Contentos Breaks!


✳️ Ren Potrocol Is Set up To Print Another Jump!

Comment

⋅
Let's take a look at how Bitcoin performs in May in past years...

BTCUSD May 2017 (UP)


BTCUSD May 2018 (DOWN)


BTCUSD May 2019 (UP)


BTCUSD May 2020 (UP... or DOWN?)

Comment

⋅
Here we have Paxos Standard (PAXBTC), a stablecoin, it moves inverse to Bitcoin.

Chart:


The 4H candle is now active and moving above EMA50.
On a close above this level PAXBTC goes bullish.
Below this level bearish.

PAXBTC bullish = BTCUSD bearish.

Some altcoins are also moving inverse to Bitcoin... Here we have EOSBTC, dropping while Bitcoin moving up and recently printed a reversal signal:


The same for Bitcoin Cash (BCHBTC):


Bitcoin might have peaked.

Keep an eye on the numbers.

This is not financial advice.

Thanks a lot for your continued support, truly appreciated.

Namaste.

Comment

⋅
XBTUSD 4H:

Comment

⋅
It is happening now... Prices are starting to drop.
Lock in your position...

ENJOY THE PROFITS.

Namaste.

Comment

⋅
New update (BTCUSD on the weekly timeframe)

Comment

⋅
Enjoy the profits...

ADAM20


LTCM20


EOSM20


BCHM20

Comment

⋅
Targets:

1) $9090 |Hit 21-May (+75%)
2) $8870 |Next target...
3) $8600
4) $8200
5) $7710
6) $6900

Comment

⋅
Targets:

*) $9280 |Hit 18-May (+53%)
1) $9090 |Hit 21-May (+75%)
2) $8870 |Hit 21-May (+102%)
Trend AnalysisTechnical IndicatorsBeyond Technical AnalysisXBTUSDxbtBitcoin (Cryptocurrency)alanmastersaltcoinscryptobitmexbinancebittrex
Comments
Popovich
⋅
That's why it's so important to have a truth seeker as a technical analyst, than let a charlatan wield meretricious empty metrics to pontificate market directions. Any religious affiliation notwithstanding, all this baloney and bunk under the guise of wisdom and virtue demonstrate regardless the lack of substance and genuine insight of your posts. I don't think we are going down, to 6900 no less. To short at 8x when you have no idea what is happening is very unwise.
AlanSantana
⋅
@Popovich, Where do you think prices are going?

Where is your chart/trade?

Feel free to share it with us.

Namaste.
Headcase
⋅
@alanmasters, up. It’s obvious the move is up.
AlanSantana
⋅
@forekast, Prices can't drop here?
Nine_Five
⋅
@alanmasters, sure they can drop but 10500 is more probable
AlanSantana
⋅
@Nine_Five, And after hitting $10,500?

That's strong resistance right now... Let's just wait and see how it goes.
Nine_Five
⋅
@alanmasters, 10000-10500 is one big resistance, breaking it leads to 11k+ and then we retrace i believe
AlanSantana
⋅
@Nine_Five, Thanks for sharing.
More