Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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BITCOIN (XBTUSD) CAN GO HIGHER! Let's take a look at the chart below and see if you are interested in a low-risk trade with great potential and a tight stop-loss...
Bitcoin (XBTUSD) tried to break above EMA100 on the 4H time frame multiple times before succeeding. I would like to take a closer look at this... Please allow me to entertain you for a few minutes:
First we see over 12 failed attempts to break above EMA100, which is the blue line. But XBTUSD would always produce a higher low on the retrace after each attempt.
It finally broke above EMA100 and remained above it. There was an attempt to push the price down unsuccessfully and XBTUSD moved to close above $8075 with good strength and volume. With this move, we can expect additional bullish action.
Both the MACD and RSI are on the bullish zone which gives further strength to this setup.
If XBTUSD can remain trading above EMA100, it is very like that it will go higher and reach $8750 or up to $9000+... Certain conditions must be met so it can move back down.
I am looking at a low-risk but highly profitable trade setup here if you trade on BitMEX... Up to 57.5% ROE for profits potential in a short amount of time... All the details are on the chart.
Would you like to see this trade? If we get 150 likes we will share the full trade details (buy-in, targets, stop-loss, lev, and additional details).
We had a recent trade for Litecoin (LTCM19) with amazing results. We also did good with Tron (TRXM19), Ripple (XRPM19) and basically all of our latest BitMEX trades.
You can find the last one here:
Thanks a lot for reading.
Namaste.
---------- THIS IS NOT FINANCIAL ADVICE. LEVERAGE TRADING IS ULTRA HIGH RISK AND INTENDED FOR EXPERIENCED/ADVANCED TRADERS ONLY. This is not for beginners, beginners should trade altcoins in any of the major exchanges and skip BitMEX all together. -----------
Previous analysis:
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Latest BitTorrent (BTTBTC) update, shared today:
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We also did well on Cardano (ADAM19) with our trade generating 122.22% profits with more to come. You can see it here:
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Here is an example of a full trade, this one is for Ripple (XRPM19):
XRPM19]LONG]7X]286.93% ROE
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Bitcoin (BTCUSD) forms a double bottom with increasing volume on the 4H time frame, the bullish setup is playing out nicely so far... (This new upcoming trade is time sensitive... Hit like to show your support):
4H:
1H:
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[B]ChainLink (LINKBTC)[/B]
[B]Qtum (QTUMBTC)[/B]
[B]NAV Coin (NAVBTC)[/B]
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New higher high for BTCUSD on the 4H time frame... Lacking some momentum...
12H Resistance levels:
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Gaining some momentum now:
1H:
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NANOBTC:
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YOYOBTC](80%) YOYOW Is Breaking Out, Trade signal
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Bullishness Throughout Total Cryptocurrency Market (TOTAL)
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FULL TRADE as promised:
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Going good as planned... Thanks a lot for trusting and continued support. :)
We're long and up 2.77% and we are scaling out in case we get a drop but this looks like it could be a very nice trade!
Love the update Alan and this shows a lot of up for those going long :)
AlanSantana
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@TradeIndicators, Good to know you are long, you always get it right.
Thanks for the comment and sharing your chart... Your time and energy are appreciated.
Namaste.
XbladeRunner
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Thanks! :) Look at my prediction if you want :)
AlanSantana
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@Xblade66, I love its simplicity yet I believe it can turn out to be pretty accurate.