Hello there, The resistance point was reached around 11,400 USD, the trend going from decrease to increase, which is confirmed when the price remains above the yellow line and above the point indicated on the blue flag on the chart. Depending on the chart, the BTC has some support points that it can reach in the next period, but also some reasons why it would...
Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! BTC/USD: Daytrade-preparation Market-Sell: 11870 Stop-Loss: 12500 Target 1: 11200 Target 2: 10895 Target 3: 10425 Stop-Loss: 630 pips Risk: 0,5 % - 1% Risk-Reward: 2,33 LEAVE A LIKE AND A...
Turning point 3 maybe consolidated before a breakout. Due to key support around 3.7k most probably price would bounce up if reached. Three channels of upward support line mentioned on chart. Dotted lines (upward Trend) are major support. All info is simple and mentioned on chart. Hope you easily get it/ Remember panic is dangerous and being greedy is...
BTC halted its steady uptrend and decreased by 6% in 4 hours, however it has not yet passed the value of 6800$ which was a resistance until April 6th, when BTC broke it. It will probably be tested as a support over the following hours. By looking at both RSI and MACD, it seems like both graphs are preparing for a bearish trend. This decrease could be similar to...
The trend is upward and BTC has managed to break the previous resistance around $7000. Even if its value would decrease again over the next few days, there seems to be a robust support around $6800, as BTC's value has been slightly fluctuacting around it since the beginning of the month. Taking a look to MACD index, its pattern is showing a similar behaviour...
Greetings! I couldn't find a better moment for a short description of my market view than this one, when the market is flat, if you want to see the whole picture take a look at my previous ideas. Things are simpler than we think, there is a cryptocurrency market in a digital world and we see that the whole world is shaking before something we call a...
I identified a pattern repetition between the current situation and the market behaviour from February 18th to February 27th. The market showed a downtrend in the mentioned period, divided in the following steps: 1) it started with a steep decrease in value of approximately 10% , bringing BTC value from 10300 USD to 9400 USD in one day; 2) then the value rose...
How about you? Are you long or short? Which side are we gonna break on with the halving that's coming up next?
Hello there, as you can see the chart above, the Btc's move seems to be pretty obvious, follow the line. This is not a trading advice! St.Gex
This is a continuation of my first ever post minutes ago.. this are my targets.. my resistances at red and the bullish support at black where i will be rethinking on my bearish sentiment if that line doesnt get break down in the short-mid term.. in the end im thinking simple as i always try to do so in trading ... if my short time frame resistances dont break in...
BTC has finally broken our downtrend channel resistance. Could be a mix of a short squeeze and also Bullish news from China that has caused this rally. Will that be enough to make a reversal from our downtrend channel? As of right now BTC is holding above 200 Daily SMA(red) which is a good sign but we can't seem to breach our 100 SMA(orange). Even if we break...
Today’s rise is really remarkable 35% in one day. WOW BTC still the best performing asset in the history of human kind. We have been consolidating for 31 days without any clear direction, what happened next was a retest of bear power who tried to bring the price down and failed. Remember, trading is a constant war between the two sides (bears and bulls) and...
If you didn't read my educational content, you can do it here first: How to making LOT of MONEY - Hunting Divergence So again: bullish divergence formed in the last 6-7 days. 4 hour chart divergence here: 6 hour chart divergence here: 6 hour chart divergence is a very rare and strong indication of short term trend reversal! This 4H RSI(20)...
what you guys think ABC correction inbound or we still looking bullish?
Opened a long at 10.040$ Stop in the red area. Divergences inside the 1H channel, RSI breakout. MFI oversold, divergence on every oscillator. Falling wedge is bullish pattern! And finnaly potential bullflag forming on minute chart.
exit at 9.5 and buy at 9.1-9.2. Possible short position on the way. #surfthetrend #trendsurfer