XBTUSD, forecast on D1
Saludos cripto-traders. Como bien hemos visto en los últimos días. el rebote después del retroceso ha sido muy débil, la zona de resistencia en el 200 MA será nuestro STOP LOSS. Entramos en los 8200 y pretendemos tomar ganancias entre los 7400, 6000, y los 5000 dólares. BTC:1Ci9CyHUYQHiz4mfK4MFJWDvKGCAfak5f1
After breaking support level at 9340's it plunged and many stops are ruthlessly filled... New question is where is the next support level?
Price consolidation after a one-day drop from 10k to 8k. Looking for a quick price movement to 6k or a climb back to the 10k trading range.
Bitcoin BTC has seen significant sell pressure & based on past patterns, without buy volume in equal amounts it will be hard to keep price action moving up. We are now oversold on the daily RSI for the first time since we saw a massive discount to 3K & it seems like we may have that opportunity once again around 6K as the economy stays in turbulence and BAKKT...
BTC shows a strong bearish favor in weekend After a dump and pump of BTC on Sep. 19, 2019, BTC's price has formed a descending triangle pattern on the M30 timeframe. Though local resistance prevents BTC to go down, most of the indicators on most of the lower timeframe (H4 and lower) point to bearish favor. Though triangle patterns are the bilateral patterns,...
must be carefull after closing on the neck-line for the bearish butterfly
Bitcoin had a massive dump today. It looks like the bottom should be around 8k to 7k. In the meantime, it will probably consolidate above 8k. There is a chance for it to move higher from the current price. Personally I have placed bids from 8k to 7.1k and have gotten filled for just one order which really made my day. I believe a great place to enter long is...
Despite what I believed earlier, the move up was only around 1.4%. Bitcoin just seems to want to move down. The wick just now was someone taking some longs and exiting at the top, so I don't think that is a bullish sign. Funding shows people seem eager to buy. Just my current thoughts. To reflect this, I have closed my longs. I'm not really confident with this one.
Reason to short: Resistance retested and ready to go down. Strategy: Risk/Reward Ratio = 2.13 or 5.72 Entry: around 10,325 Stop loss: 10,490 Target 1: 9,990 Target 2: 9,385 Trade safe!
*Not financial advice, nor a recommendation to buy or sell. Only an idea.* All in the chart. Make sure to zoom in to see just how similar these patterns are!
Bitcoin Fear and Greed Index is Rising which means bull is showing some buying pressure. But, most of the top traders are short as with the upcoming Bakkt futures
Harmonic pattern - Crab I am opening a short position here!
lets see how this pans out *update* - wrote this 3hours and abit ago but didn't hit the confirm posting...
Dominant Direction : Short Reason for open position : - S/R Flip - Strong Support broken - Seems big player has take profit Note : Dominant Direction will be invalid if we break 10401.5 (Stoploss)
Posición en short con un stop en 10.600, esperando importante retroceso. TP1: 10.100 TP2: 9.200