Bitcoin price is lingering near the important and super strong resistance area of around 10.000. The latest breakout attempt was clearly rejected and the price has returned into the flag/triangle formation it was trading in. All of the above give us grounds to be expecting a pullback from the highs to retest the flag's support. The yellow area is the target...
Bitcoin Short Trade - Another one. Right now. Sell 9590. Target 8917.80. Stop 9750. Let's see how this short trade plays out. This setup is the same that drove us down from 10200 to 9131.
Good day everyone, I hope all is going well! Let's talk about the reversal that took place throughout the night. First off on the last turnaround we looked for our short from 9.25k and had a constant battle back and forth. When we entered 9.25k I told you I would set a 1-2% stoploss and as price dipped through last week I continued to move my take profit lower in...
GOOD DAY TRADER HERE'S A SHORT IDEA ON BTCUSD RISK MANAGEMENT DAY TRADE
BITCOIN HAS BEEN REJECTED A FEW TIMES AFTER THE MOVES DOWN & DOWN THE LAST FEW DAY'S, LETS SEE IF BREAKING THE TRENDLINE PIVOT WILL GIVE US SOME STEAM TO PUSH TO 9.3, CME GAP FILL TARGET, THEN WILL PROBABLY REVALUATE FOR A SHORT POSITION!!:)))
Hello tradingview world! 🥳 We continue the battle with bitcoin! 10k was the first major rejection level as it played as a key level. Now 9k seems to be holding well. I will link previous post below to show you my previous calls on entry. We took the post 9.25k with stop at 9.4k We have now broke below the 9k we many signs of rejection. We continue to hold and...
JUST SOME CONFLUENCE GUYS! ALWAYS TRYING TO GET THE MOST REASONS POSSIBLE TO TAKE A TRADE, THIS
Yo yo yooooo, what's going on everybody! 😁✌ I am now back from my business meeting/vacation! Time to get cracking on these charts! 💰 Look up my last btc post before this one to see how we have positioned ourselves in a move for the daily chart as it has been firing red. Now let's take it a step up and look at the 3 day! This is the Crossover that we are...
I suddenly noticed this opportunity on bit coin for short. It is completing a deep correction upto 87% on recent fall, which actually changed the expectation to down on 15 mins. This is weekly Swing trade. Details inside video
it seems that there would be a correction and the BTC price will decrease to 8000 $ and after that with an ascending trend the btc price will touch 20,000 $ and complete it's flag pattern. TR 1: 20,000 $ TR 2: 30,000 $ SL: 7800-8500 Reward/Risk: 10
Pattern rejections on multiple time frames might cause a very large drop
BTCUSD 4H chart looks as if it is coiing, and there is a high probability for a breakout UP to 11,000 or DOWN to 8600 Get ready!
This chart is not too different from my previous one . The price went a little higher than I anticipated, but it makes no difference. Sure, we could see a massive bull run right now, but anyone who's been doing this for a while knows Bitcoin doesn't behave like it's been behaving lately when it's really bullish. It just doesn't. We are witnessing a Bitcoin that...
Hard to catch some sleep when you got this constant battle taking place. Come on bulls let's get bitcoin past 10k and create a new level of support. The whole market is way overdue. 🐳💰💰💰💰💲💲💲
At present, Bitcoin is consolidating just below 10,000 resistance and is gearing up for a moon shot to all time highs! Or is it? Let's take a look at some charts of the King of Crypto, Bitcoin. Infamous Swing High Over the evening Bitcoin reacted positively off a 9500 support, a level it broke out from a few days ago. If you follow me on twitter, I mentioned...
Trend/Range: As of today; we have two trends that you should be focusing on. One is the fib channel (red line), & the other is the black trend line which was support, but now acting as resistance. Ranging from 9300-9500. Scalping Strategy: To take advantage of today - try using the 30MA on low time frames such as the 15 minute & the 5 minute time frame. When we...
Though the RSI is determined by price action, we often see the RSI move in a direction before price. During the 2019 run up, both the price and RSI formed an ascending channel. 1. The RSI broke down first (white line) 2. Retested the channel (yellow line) 3. Continued its decline (red line). At this point, the price followed by falling out of the channel. Since...