The best bitcoin trading plan is to be always a head of each scenario and plan accordingly for best reward to risk ratio trade entry .
we are looking forward for the daily candle to close , if it shape doji or shooting star most properly we will follow my last post and its related out comes
if not then we need to consider any of these possible scenario and...
Bitcoin small up trend (For Couple days) maybe target is $11800
Correction zone 0.618 Fibo: $10130.00
If you are trading Bitcoin, my recommendation:
Buy Limit = $10150.00 — $10200.00
Target zone = $11800.00 — $12000.00
Stop Loss / Stop Scenario = $9040.00
After that i see next moving down and use Global Plan $7000-$7500.
Global Plan (Bitcoin):
I'm sticking to the trend and saying that Bitcoin is still correcting. After looking at the daily chart, I noticed that the price action was catching resistance at the dotted white trend. This acted as support on the daily candle two weeks ago. But since we broke through this support level, we must consider it as a probable resistance level. If the price manages...
Bitcoin (for coming days - Scenario) Target 11300-11500 and ....
From Limit orders (Binance) All information i'm provided in Public Telegram Channel and Closed Group
Target is: $11300 - $11500
Next target for down: $9800-$9500
- $9800.00 (wall) - In Progress
- $9500.00 (wall) - In Progress
Bitcoin — will the collapse continue? From $12000 to $9000
1) Bitcoin CME Futures
We have one Gap from $8500 - $9000
in 95% of cases, the market usually covers such gaps with the shadow of a candle or the body of a candle.
2) FOMO right now is maximum and EXTREME GREED
Bitfinex Longs and Shorts:
Wedge morfed in an inverted head&shoulder with its neckline leaning to the right. It borke out quite good. Target is mentioned into the chart. You better move your stops fast with this one. Medium term I'm neutral.
Why i see fall price for Bitcoin?
1) Bitcoin Futures CME:
We have last one gap on the price $8500-$9000
2) Longs/Shorts - Bitfinex
Longs = 68%
Shorts = 32%
+ Crypto Fear & Greed Index have status EXTREME GREED = 76
4) Bitfinex, Binance
You noticed that as soon as the start of marginal positions on Bitcoin...