Hi Team Analysis to follow in comments - Scalp buy for Bitcoin right now, don't want you to miss it! Good Luck, Trade safe DrBear
I’m currently more inclined to go upward because we break the horizontal channel with a strong bullish candle and it just pull back. I add more position to my long position.
I might take some profits in 26,500. If we break above the recent high, we will confirm the breakout. DMI still looks good.
I made a mistake to see it as an ascending channel. The truth is it is just horizontal channel. I adjusted my 25 MA and 50 MA to 10 MA and 20 MA because it's lagging. It is still bullish for me.
Currently listening to www.youtube.com See my related ideas for more info. If I'm wrong I will cry :(
I'm changing my sentiment to buy if it breaks above the channel I go enter a long position.
If the MA cross and the ascending channel broke, we might have a big rally to the upside. The DMI looks good because the +DI goes above 25 level and the ADX will go below the -DI which indicates a very bullish indicator. We also need to remember the confirmation that we need to break above the channel and the MA cross to be sure. But for me, I already entered...
I recently take a loss from a trade (see the link below). The -DI also go below ADX on DMI which means the bears are losing control. There is a new support and I'm waiting for confirmation of the MA to crossover. I will enter a trade if the MA crossover.
check it you know nothing else to say - the most beautiful M buy youve seen for BTC
On Jan 7 2022 we posted above analysis based on Logarithmic Growth Curves. Below is the content from the post. """"""" If we look at the entire history of bitcoin with the logarithmic curves we can see that the volatility has reduces drastically compared to previous years. As the bitcoin adoption increase, it becomes more slower and harder for BTC to break its...
As we know at the every top and every bottom of the correction in the last year there has been form either a Wyckoff Distribution or Accumulation Schematic allowing Smart Money to Accumulate their Positions for an upcoming change of Trend. This Time should be no different and we already see a possibility of the Wyckoff Accumulation Schematic forming on the Bigger...
A wall of text would do you guys and gals no good.. so let's jump to business! 1) Higher lows on short-term and longer-term time-frames. 2) Big triangle consolidation on 4H chart marked with arrows on highs and lows. 3) Around current rates (41,600) is an important resistance (triangle consolidation top) - Once surpassed, the next level is (43,300) - A break...
BITCOIN (BTCUSD) – CASH: Buying After A Pullback To Support Area (NOTE: As Bitcoin doesn’t form perfectly clean signals most of the time, and as this market has random levels of liquidity and can be very volatile, we will only annotate the clearest and well-pronounced signals that form at confluent areas of the chart. TRADING BITCOIN AND CRYPTO IS HIGH RISK, USE...
Now, bitcoin have 3 resistance and support in low timeframe. Entry: - Buy market - 38.930,71 - 38.703,73 - 38.308,83 TP: - 40.292,44 - 40.763 - 41.680 SL: - 37.000 (Invalidation level)
We are in this marked 15minute range. OB is marked. Buy from there with stop loss below the structural low.
Hey tradomaniacs, technically we see a breakout and retest scenario in the daily-chart of Bitcoin. If the support-zone holds and the re-test is done we oculd see another strong iompulse to the upside and so a bullish scenario. Some of the pre-conditions are generally a risk-on-mood. Previous sell-offs have shown that Bitcoin is not really considered a safe...
BITCOIN will Repeat the cycle, Fasten your seat belt please hit like and leave a comment
Closed 75% of my shorts and IM not trailing my SL, also went long 36720