Hello everyone, the price of BTCUSD is currently defending a strong psychological and technical support at $10,000 while moving in a Falling Wedge pattern (lower highs & lower lows). I'm expecting a strong breakout towards our next resistance at $10,600 (green box) after revisiting our support area at $10,000 (purple box). Place your stop loss below the red box...
Hello everyone, i'm expecting the price of BTCUSD to change the direction of the trend (long -> short) within the next 7 days. A bearish crossover of the EMA20 & MA50 will activate this short trade. ____ Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market...
The price of Ethereum (ETHUSD) is moving towards the previous high at 253.43 with a strong impulse. This move is supported by increasing buy volume and a Bullish Crossover of the EMA 20 and the MA 50, which lead to a price increase of 23.58%. According to this idea, we can use the green zone to enter a long position with our previous high (253.43) as the first...
Hello guys, the price of Bitcoin (BTC/USD) is currently moving above the EMA 20, which indicates a possible uptrend. Please be aware of a possible Fakeout scenario, which we have seen multiple times in the past (yellow boxes). As long as we don't see a higher high (above $7.450) our trading direction is short . I'm expecting the price to make another move...
Hello guys, in this idea we use a basic setup to spot a possible trend change and to determine a general direction for our trades. There is one rule i always try to apply when i throw money in the market - do not trade against the trend . Especially not if you do margin-trades. How to verify an uptrend: The price is making higher highs and higher lows The...
Hey guys, I have been following Bitcoin for a while now and I think this is the moment we see Bitcoin reverse its trend and test the lows. Bitcoin has been propped up for multiple weeks now by the Federal Reserve, due to the continuous printing. In-fact, the federal reserve has been injecting $1,000,000 per second into the free-market. I want to warn you all...
Hello friends! Please take a look at my previous "Monday Volatility" analysis before diving into this one (linked below). The price of Bitcoin (BTCUSD) is moving in a Pennant, leading to a breakout which will most likely happen this monday. Use the following ranges to profitably trade Bitcoin, either short or long. Upper Range: 7200.00 - 8000.00 (long) ...
Hello friends! The price of Ethereum (ETHUSD) might be moving in a Bear Flag after a strong move, initiating a Trending Market . We can watch the price consolidating in a upwards channel. The price hit the Resistance Line of the Channel at 153.17 followed by a rejection to 114.70. The bears are still in control of the market, so please be aware of another...
Hello friends! The price of EUR/USD retraced to the 0.618 level after a strong uptrend. We use this level as an entry for the following targets in sight Target 1: 1.120 Target 2: 1.130 Target 3: 1.141 cheers, cryptobuller ___ Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are...
After our previous trade (short) from $9500 to $6000 (Rising Wedge idea linked below), we took a step back and waited for the next trading opportunity. We can now see a Symmetrical Triangle forming on the intraday timeframes, which is a continuation pattern during a trending market. This pattern consists of at least two lower highs and two higher lows. We can also...
Hello friends! Use this simple technique to determine your entries & exits during a trending market. While the price is making lower highs and lower lows (=Downtrend), we can see small pullbacks to our previous support before another move towards our next support. We can see a completion of the Rising Wedge pattern around the 6800.00 area (previous low) from...
Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
Hello friends! This is my personal trading plan for BTCUSD during the next three months. I'm expecting a bearish micro-trend back to EMA200 , followed by an accumulation phase in anticipation for the Halving 2020 in May. Use the green levels to increase your long-position on BTCUSD. It's important to trade the actual chart instead of relying on information that...
Hello friends! After a prior strong downtrend of six months, the price of Bitcoin (BTCUSD) printed a Rising Wedge pattern. This pattern was formed by higher highs combined with small pullbacks during this seven-weeks trend. Smaller pullbacks usually underline the strength of a trend. What's suspicious here is that the we see a divergence with the volume , which...