MICRO BITCOIN FUTURES (MBT1!), H4 Potential for Bearish DropType : Bearish Drop Resistance : 22485 Pivot: 20720 Support : 18870 Preferred Case: On the H4, with price breaking out of a bullish channel and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 20720 where the 161.8% fibonacci extension and swing low support are. Once we have downside confirmation of price breaking pivot structure, we would expect bearish momentum to carry price to 1st support at 18870 where the swing low support, -61.8% fibonacci expansion and 161.8% fibonacci extension are. Alternative scenario: Alternatively, price could rise to 1st resistance at 22485 where the pullback resistance, 61.8% fibonacci projection and 38.2% fibonacci retracement are. Fundamentals: Since institutional investors have been pulling out of Bitcoin for the past two weeks, we have a bearish outlook on Bitcoin.by Tickmill1
MICRO BITCOIN FUTURES (MBT1!), H4 Potential for Bearish DropType : Bearish Drop Resistance : 22485 Pivot: 20720 Support : 18870 Preferred Case: On the H4, with price breaking out of a bullish channel and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 20720 where the 161.8% fibonacci extension and swing low support are. Once we have downside confirmation of price breaking pivot structure, we would expect bearish momentum to carry price to 1st support at 18870 where the swing low support, -61.8% fibonacci expansion and 161.8% fibonacci extension are. Alternative scenario: Alternatively, price could rise to 1st resistance at 22485 where the pullback resistance, 61.8% fibonacci projection and 38.2% fibonacci retracement are. Fundamentals: Since institutional investors have been pulling out of Bitcoin for the past two weeks, we have a bearish outlook on Bitcoin .Shortby Genesiv0
How to control your trading mentality 🧠Mental training helps individuals to improve their performance by preparing their emotions and mind. Focus, confidence, and motivations are important factors of mental factors. According to a study done at Brown University, it may be possible to train your brain’s automatic emotional responses. It may improve your experience in trading. To be a mentally tough trader, one should tap into his emotional and mental resources that keep his mind in check at its peak as often and consistently as possible. One may make wrong decisions when he/she is unstable emotionally and mentally. Stop 🚫 It does not matter how you good or how experienced you are in trading. If you don't see the whole picture 100%, your trading experience would end unsuccessfully. What happens when you keep hitting that stop loss and losing money? Your body starts to release cortisol, the primary stress hormone, which increases blood sugar in the bloodstream. When cortisol level is more than normal, you will have high blood pressure, will become agitated, irritated and start to sweat. You have to STOP! You will only lose more if you continue to trade. Take a breath and take a step back. When you come back, you will have a better perspective and a better picture of how to trade. Accept ✅ Every trader has their own pace of learning and trading. Don't compare yourself to others. Your friend may have started earlier and made more than you. You just have to ACCEPT! Trading is not about competition. You cannot start trading with a competing mentality. Don’t take a higher risk than you can handle. If you have only $100, just accept that you have $100. 100 is a start of a bigger number. Don’t follow social media group who claims how much they made and how easy it is. Your brain may unconsciously make competitive decisions. Make a plan 📝 You have to make a plan. You may have made a plan and failed. Let me tell you what worked for me. Like many traders, I lost in the beginning. The more you lose money while trading, the more you focus on the money not on the trading. When you focus on money, you may try to find money by different ways; borrowing, stealing and some in easy ways. To make a plan to trading, you have to see the whole picture; the risk, the situation it is creating for you, your family and finance and your future. Summary It is important to stop when you are overwhelmed and take a step back. When come back you will see how much difference it makes when you are calm and in control of your emotions and mind. Accepting that you have your own pace of learning and trading is also crucial in trading. Last but not least, to make a plan consider the risk and the situation. Be prepared and be in control of your emotions. Now you know when to stop and accept. You are ready to start your trading journey. Don't put at risk what you already built. Take it slow at your own pace.Educationby YertuntsTrader8826
BTC! Small time pump then will Tank, hence we still in bare market so Tp When happy and sniper entery the top with sellls😎💰#cryptoKing Longby VdubzFx0
Hello World Hello, world! I think it's time to get meet. I see the true trading volumes of the markets. At what point in time did someone buy or sell How big is the position of a major player the average price of his entry and the moment he exits the market I literally read the market. And I see its essence. Predicting movements is a thankless and foolish business. Nobody knows the future. NO ONE It's much more important to see the present, the point at which everything will change. Turning points . Right now, I see trend changes in the most liquid indices and crypto stocks. Follow me and I will show you the truth Let’s starts I transferred the data on entry and exit of trades to the BTC chart entry on July 8, 2021 to short position from 33430 - exit on July 21, 2021 at 30860 - profit 7.87% entry on July 21, 2021 to long position from 30860 - exit on September 7, 2021 at 50655 - profit 64.25% entry on September 7, 2021 to short position from 50655 - exit on September 30, 2021 to 43480 - 14.15% profit entry in long position on September 30, 2021 from 43480 - exit on 21 October, 2021 from 64600 - profit 48.79% entry in deal on October 21, 2021 short from 64600 - exit on February 24, 2022 by 38765 - profit 41.50% entry in trade on February 24, 2022 long from 38765 - exit April 1, 2022 at 44780 - profit 18.65% entry in deal on April 1, 2022 to short from 44780 - exit on May 26, 2022 by 29555 - profit 34.03% entry in long position at 29555 on May 26, 2022 - exit on June 1, 2022 at 30725 - profit 3.92% entry in the deal on June 1, 2022 short from 30725 - exit on June 21, 2022 at 20895 - profit 31.96% entry 21 June 2022 long from 20895 - exit 19 August 2022 at 21480 - profit 2.70% entry in August 19, 2022 short - trade opened at the moment You can see the result 267% in 14 months - which is a very decent result I will try to publish the information about the changes in my trading position on the day when it changes or with a slight delayby mr_Plusoviu0
MICRO BITCOIN FUTURES (MBT1!), H4 Potential for Bearish DropType : Bearish Drop Resistance : 22490 Pivot: 20695 Support : 18890 Preferred Case: On the H4, with price breaking out of a bullish channel and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 20695 where the 161.8% fibonacci extension and swing low support are. Once we have downside confirmation of price breaking pivot structure, we would expect bearish momentum to carry price to 1st support at 18890 where the swing low support is. Alternative scenario: Alternatively, price could rise to 1st resistance at 22490 where the pullback resistance, 61.8% fibonacci projection and 38.2% fibonacci retracement are. Fundamentals: Since institutional investors have been pulling out of Bitcoin for the past two weeks, we have a bearish outlook on Bitcoin .by Tickmill0
Bitcoin and strong S/R zone 💪On BITCOIN is nice to see strong sell-off from the price 22700 and 23340, there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Downtrend + Strong volume area is my mainly reason for this short trade.... Happy trading Daleby Trader_Dale1111
MICRO BITCOIN FUTURES (MBT1!), H4 Potential for Bearish DropType : Bearish Drop Resistance : 22490 Pivot: 20695 Support : 18890 Preferred Case: On the H4, with price breaking out of a bullish channel and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 20695 where the 161.8% fibonacci extension and swing low support are. Once we have downside confirmation of price breaking pivot structure, we would expect bearish momentum to carry price to 1st support at 18890 where the swing low support is. Alternative scenario: Alternatively, price could rise to 1st resistance at 22490 where the pullback resistance, 61.8% fibonacci projection and 38.2% fibonacci retracement are. Fundamentals: Since institutional investors have been pulling out of Bitcoin for the past two weeks, we have a bearish outlook on Bitcoin.Shortby Genesiv0
CME Expire for AugustCME Futures for BTC will Expire on 26th August 16:00 UTC. Since mid June price has been ranging near the previous bull cycle ATH. So this can be implied as a retest of ATH by technical aspects. Last July, we saw a price dump closer to expiry week and then a quick pump again by closure of expiry week. This august we see similar price action so far. Currently the price is above previous ATH showing some bullish nature. by cryptochi19860
BTC zoomed in buy printsBTC zoomed in buy prints, doesnt mean we hit the bottom, can very well extend down into ideal target zone of below 18k to 14kby RealTima224
BTC nothing much to add since my last update,perfectly followingBTC is looking bearish here and I have a time window for the first temp low on week of Sep 5th Checkout my previous posts, no line moved since after, just following the script There are a lot of buy prints on the recent low, a small move up is expected into EOWShortby RealTima0
BTC- Entering DowntrendLooking for some downside here before a move back up to $31 k or so... Should move short with the banks and tech and market next couple weeks of choppy trading and downside imo... Shortby ismartinvesting5
Personally I think Red path wins here.Opinion: - Biden inflation pivot ahead of mid-terms BIDEN: WE ARE SEEING PROGRESS ON GASOLINE PRICE REDUCTIONS AND INFLATION. - FOMC minutes announcing 50bps or lower futures hikes to "Gauge the effect of previous hikes" - Mid-terms nearing and political funding needs - E.U cost of living crisis/ German PPI @ 37% / Continued conflict in Ukraine & commodities crisis GERMAN PPI YOY ACTUAL 37.2% (FORECAST 31.8%, PREVIOUS 32.7%) $MACRO With these factors in mind and an acknowledgement that we do need more QT and hikes; all the while, taking into account that any further tightening will place us on a 3rd quarter of negative GDP growth. It is my opinion that instead the political needs will be more important. This makes me think that the E.U in the name of self-preservation will subsidize house-holds, while increasing barriers to debt over winter. ("Controlled" inflationary action). U.S should as announced by the FOMC minutes go through a period of hike stabilization (Re-instating stability in the procurement of structured leverage / Inflation action) From here I see 2 option: 1. Politics forcing us into hyper-inflation and bitcoin aswell as other assets experience a fast recovery. 2. Politics forcing us into hyper-inflation and bitcoin aswell as other assets experience a short lived fast recovery. (A.K.A tightening and QT break). Lasting possibly until the end of the mid-terms. What I do not think is possible: A return to BTC sub 9k when inflation is running high. What to keep in mind: Inflation comes second to job market. Recession/Depression is a much worse evil than inflation. Notes on how I personally use my charts/NFA: Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic. Just my personal way of using this. This is not intended or made to constitute any financial advice. This is not intended or made to constitute any financial advice. FED Macro Situation Consideration: All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over. NOT INVESTMENT ADVICE I am not a financial advisor. The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information. Longby TheBitcoinGeneration113
Timing $BTC lows into the end of Sept working well so far ...Something to watch as a guide. Not trading off of this, but using it as a verifier. Good timing on the low so far. maybe a bounce from here and then a look at the next level lower. We shall see. FiboShortby FiboSwanny3325
Micro Bitcoin Futures (MBT1!), H4 Potential for Bearish DropType : Bearish Drop Resistance : 24315 Pivot: 22430 Intermediate Support: 20740 Support : 18875 Preferred Case: On the H4, with the price moving below the ichimoku cloud and breaking the ascending channel , we have a bearish bias that the price may drop from the pivot at 22430 where the overlap resistance is to the 1st support at 18875 where the swing low support, -61.8% fibonacci expansion and 161.8% fibonacci extension are. Take note of intermediate support at 20740 where the -61.8% fibonacci expansion , 161.8% fibonacci extension , 78.6% fibonacci retracement and swing low support are. Alternative scenario: Alternatively, price could break pivot structure and rise to the 1st resistance at 24315, where the overlap resistance and 61.8% fibonacci projection are. Fundamentals: After the minutes of the Federal Reserve's July meeting dashed hopes that looser monetary policy is set to return to the U.S. next year, we have a bearish view on Bitcoin .by Tickmill0
Micro Bitcoin Futures (MBT1!), H4 Potential for Bearish DropType : Bearish Drop Resistance : 24315 Pivot: 22430 Intermediate Support: 20740 Support : 18875 Preferred Case: On the H4, with the price moving below the ichimoku cloud and breaking the ascending channel, we have a bearish bias that the price may drop from the pivot at 22430 where the overlap resistance is to the 1st support at 18875 where the swing low support, -61.8% fibonacci expansion and 161.8% fibonacci extension are. Take note of intermediate support at 20740 where the -61.8% fibonacci expansion, 161.8% fibonacci extension, 78.6% fibonacci retracement and swing low support are. Alternative scenario: Alternatively, price could break pivot structure and rise to the 1st resistance at 24315, where the overlap resistance and 61.8% fibonacci projection are. Fundamentals: After the minutes of the Federal Reserve's July meeting dashed hopes that looser monetary policy is set to return to the U.S. next year, we have a bearish view on Bitcoin.Shortby Genesiv0
Shorting Bitcoin futures at $23,170www.tradingview.com Breaking down, out of the wedge pattern, potentially the beginning of a major down move. Shortby DannyFoss0
Bitcoin futures gapThe price of bitcoin futures gap waiting to be covered is 27365 to 28748, and the highest gap is 34455 to 35180. The gap above can be covered if it needs to rise, so please buy bitcoin and wait for the riseby ZhongBenCong0012
✅BITCOIN BREAKOUT SHORT🔥 ✅BITCOIN was trading in a rising wedge But now we are seeing a bearish breakout So I am bearish biased and I think That the price will fall down To retest the demand level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx668
MICRO BITCOIN FUTURES (MBT1!), H4 Potential for bullish riseType : Bullish Rise Resistance : 27225 Pivot: 24315 Support : 22495 Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise to the pivot at 24315 where the overlap resistance is. Once there is upside confirmation that price has broken pivot structure, we would expect bullish momentum to carry price to 1st resistance at 27225 where the 61.8% fibonacci retracement, -61.8% fibonacci expansion and 161.8% fibonacci extension are. Alternative scenario: Alternatively, price could break drop to 1st support at 22495 where the overlap support, 61.8% fibonacci retracement and 78.6% fibonacci projection are. Fundamentals: Due to the weakening chinese economy, we have a bearish view on Bitcoin. We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.Longby Genesiv0
Consider it sold.Although I cant show my renko chart and strategy we are constantly rejecting the top resistance and if you look we have a major seller(s)(smart money) come in recently. We are headed down folks.Shortby philstodd841
Bitcoin - For Trading Not for InvestingWhen Bitcoin was trading at around 60,000 level in late 2021 and before that year, whenever friends, acquaintance and participants asked my opinion about investing into cryptocurrency, immediately I knew they may not know much about cryptocurrency. To clarify, I am not an expert in cryptocurrency, but I know its intrinsic value could not be calculated then and even today, therefore it is an instrument not for investing but for trading. Let me elaborate, as long as we cannot define its intrinsic value to any so-call an asset, it is not an asset, but an instrument for trading. When we get into trading, meaning, we have to acknowledge the getting in and out, out also represent to exit the market with either a profit or a loss, it is part of the deal in trading – we have to be quick when we make a wrong decision. However, if you position yourself as an investor in crypto, you will either always perceive it will break new high or hope that it will someday go back to its former glory. Throughout the whole tutorial, I will do a recap on how I have spotted this top here in November 2021. I have done this in another personal forum I have back then. I will go through that and it may seem like a hindsight view, but I will apply the same strategy to the current market using just trendline and divergence. Bitcoin Futures Minimum Tick: $5.00 = US$25 or $1.00 = US$5 Contract Value: 20,000 x US$5 = US$100,000 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. Education10:54by konhow229