Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (54580). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. ....
BTCUSD is at the crossroads right now. There is a double HIGH, big BEARISH DIVERGENCE on D1 RSI and lower volume. I believe in Bitcoin, but if we do not go higher now, there is a chance to return and retest $43 000 even for a bigger correction back to $40 750 or $30 500.
". There is a possibility of temporary retracement to suggested support line (48280. 40 ). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at...
a breakdown of that HS is going to cause btc to bleed and tons of money will be flowing and pumping into alts.
we are at a crucial level here. bitcoin might make a hyper aggressive bounce and run, as it has before. if so, it should run to 50-60k, alts bleed short term, and once it tops out for the wave it will slow down, consolidate and that money will flow into alts. if this support breaks, btc will bleed and alts will pump as many will exit and hedge into other...
Just an idea of what a normal correction would look like, looking at the previous trendline and support/resistance areas. What do you guys think?
Just a friendly reminder #altseason2020 is almost upon us. My only concern is the obvious weakness to #StockMarket & the possible pump to $95 $DXY but that should resolve itself with a 1.5T stimulus from USA Gov B4 EOY so really cant go wrong buying #alts here IMO $XRP $XLM $XTZ
Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 177537 pip Closed trade(s): 100337 pip Profit Open trade(s): 77200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 : ...
BTC Bitcoin Strong Divergence 4H chart - one more high expected before a quick reversal
Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 111758 pip Closed trade(s): 38558 pip Profit Open trade(s): 73200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31...
Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 111758 pip Closed trade(s): 38558 pip Profit Open trade(s): 73200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31...
Trade Setup summary: Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400) Stop Loss =94000 pip Reward/Risk > 6.6 : 1 Current Status: Total Profit: 272400 pip Closed trade(s): 272400 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at...
Trade Setup summary: Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400) Stop Loss =94000 pip Reward/Risk > 6.6 : 1 Current Status: Total Profit: 272400 pip Closed trade(s): 272400 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at...
Midterm forecast: . While the price is above the support 22.50, beginning of uptrend is expected. . We make sure when the resistance at 50.65 breaks. . If the support at 22.50 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is...
Trade Setup summary: Profit targets=373800 pip (24200 + 34100 + 43200 + 66900 + 85700 + 119700) Stop Loss =81600 pip Reward/Risk > 4.6 : 1 Current Status: Total Profit: 70348 pip Closed trade(s): 24500 pip Profit Open trade(s): 45848 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at...