Hello, my dear friends! Hope, You're good💋
Today I wanna share with You my plans for trading BTC🧡🧡🧡
The price continues forming a symmetric triangle. The exit from it can be in any direction. I advise You to act situationally.
Usually, when all bears - Bitcoin grows😉😆 Look at my statistic now 😱 The market sentiment...
After the market halve BITCOIN managed to gain back some of the earlier loses and reached towards 124000.00 level and felled towards 98100.00 as a short term correction. We can see that at 12400.00 level series of rejection happened which is halted the bullish rally happened since starting of the march. During the 2020 first quarter it has lost almost 60%...
Here is a suggested theory just based on a single technical pattern that we love to play within the larger pictures for the small scalps / swings. Exposing yourself for the trade is a whole different topic, and how to properly execute it is a strategy that I can't really go into clear detail due to the deep diversity of these patterns; however, as we can see from...
A new low has been formed plus there is not so much volume for the bulls currently in this 2H chart.
Following the price structure, a new low has to be formed for the circle to be complete.
I don't trade with indicator... I trade with a naked chart, with the help of volume analysis.
Hello everyone, although price has declined over the past 24 hours - we have suggested a possible bullish RSI divergence from our previous analysis and it's now in play.
Divergences are one of my favorite trading concepts because they offer very...
The current situation:
1. Price action has dipped below the 12HR 200MA at about 10.4K, which has been holding up the bearish price action for a lot of the past few weeks. Price is now at about 10.3K with the next levels of support being the 3D 50 and weekly 21MA at about 10.1K.
If these 2 supports break, we are bracing for 9.5K. But we do still have more than...
Here we see a Hidden Bullish Divergence on $BTC on the 6 hour chart! Great case to #BTFD
Hidden Bullish Divergence:
Bitcoin is currently in a downtrend in a larger bull market trend - and no one can deny this. As with each pullback, we are still bullish even if price reaches the lower $9,000 levels. We are witnessing a large hidden bullish divergence which may...
After yesterday's drop, we have witnessed a few interesting bullish developments that is counter productive against the main market sentiment. We are seeing a lot of bearish signs and from our last post, we mentioned a small correction that may happen due to the stock market; however, we can enter a long position here based on some of the bullish...
Bitcoin is testing the uptrend line from which is very likely to either retest $11,000 or fall to $10.000.
The 50 and 20 EMA's are in uptrend, but if the uptrend line gets broken, they will be in a downtrend.
200 and 50 EMA's are still in downtrend.
RSI is below 40, bearish.
MACD continue with a selling wave.
I will update this idea, when it's more clear if the...
Beware this is not an advice or recommendation. You are the only person who is responsible for their own trade(s).
I just share my thoughts here for anyone who is interested. I follow the stocks market since 19 years now.... And BTC since about two years (not so long) But i love crypto more than stocks like Tesla and so on.
I started trading BTC USD and...