We will move from current prices to the area of $10,400
and enter into a range of $10,000-10,800
We wind up nerves and break through periodically to 11k with returns below $10,800
As a result, we go to $10,400 working out hourly divergences
We break through and roll to $9,400, working out the weekly divergence and trying not to go...
Some time ago I bought bitcoin for $2000, before the birth of the bitcoin cash, and at time it seemed that bitcoin for $10,000 is totally unreal, but we know it happened .
Apart from computer viruses and nuclear war, I see no reason why Bitcoin should not come to such high level.
I look at the picture purely technically, assuming that the impossible is...
On the weekly TF, the “triple bottom” reversal formation is visible, the profit for which is around 19%, the formation is supported by convergence of senior TFs (month and 2 weeks).
I will try to buy at the prices pass above $ 125 (breakdown point on the figure)
Stop - the price will fall below $ 125
Profit 1 - $ 141 (MA200 day + level)
Profit 2 - area of $ 160,...
The price is in long-term accumulation, drawing a triangle formation, the trend line is higher, thats why I assume there will be upward exit, since all this flat movement there has been no hits on the stops of the shorts, which are standing behind the obvious level of $220, so far only longs feel the pain, a constant drain down. Bitcoin is standing on the edge of...
The first trading scenario did not happened, the level stood up and the position was not opened by me. Now the second attempt.
The test of the level + divergence on senior TF is equal to the test of entering the short, despite the positive news background or maybe because of it)
I will enter in parts, if there is a test of the area $215-225, I will enter the...
Multiple testing in the region of $170, the presence of daily divergence of MACD encourages me to open a short one if the level is broken, with a stop on the return ($174) and profit in the region of $150-153.
Day MACD divergence
Everything is growing so beautifully, but for some reason I prefer to look towards shorts in present situation. And it seems like we are holding on the level, they came beyond $ 230 and it seems that Bitcoin has a bull formation on the daily TF, but there is one big and bold BUT - this is not a worked divergence on the weekly TF for bitcoin and we do not pass zero...
On the 12 hour TF there is a convergence MACD + demand zone + minimum historical
Scenario 1: buy limit orders in the $ 52-55 zone, stop $ 50 (-7%), take profit in the $ 70-74 zone (approximately 30% +). Since the stop is still quite large, the input is 30-40% of the deposit
Scenario 2: a pending order by $ 60 - on the 12-hour timeframe it is possible to have a...
On the weekly time frame, with a price of $ 150.3, it is possible to continue falling to a new minimum or continuing correction from the last rise. There is a MACD divergence on the daily time frame.
Scenario 1: entry with a delayed stop sell order at $ 150.3, stop 151.5, profit 145, it is possible to fix a part of the profit, as it is possible the price will go...