Whenever something gets popular it is only a matter of time before you see scammers everywhere in that particular industry. Bitcoin is no exception guys...... Please make sure you are looking out for these jokers that are trying to scam traders that are new to trading.. They are everywhere and if you think something sounds too good to be true, well, it is...
Over the last few weeks thousands and thousands of traders have been buying bitcoin. But so few are buying at the top instead of waiting for the pullbacks. Now I prefer daily pullbacks but I know some of you want to get in and out in days (or hours), not weeks. So this is my take on BTC right now. Wait for another small retracement and we should see it...
15m chart has divergence between price and RSI. Remember, divergence can be seen by comparing price action and the movement of an indicator. If the price is making higher highs, the oscillator should also be making higher highs. If price is making lower lows, the oscillator should also be making lower lows. If they are not, that means price and the oscillator...
4H chart shows retest of low failed. Higher lows and higher highs are developing Classic fib retrace entry between 38.2% to 61.8% fib TP at -27.2% and -61.8% fib
This is a classic triangle breakout strategy. Bitcoin charts trade like currency, stocks and other markets.
Bullish continuation trend failure Bearish pin bar and morning star candle patterns Price returning into range box Profit Targets are resistance and whole number levels
I get asked this question a lot... Especially the last few months. "What is the best bitcoin strategy right now?" As you go searching for your go-to indicator to get on board with bitcoin I recommend doing a few things first before you figure out what strategy is best for you. What is your Mindset? What is your Habits? What is your Discipline? ...
As long as price stays above the 50 ema there is a bullish trend. Pull backs to the 50 ema are entry points. Tight SL under 50 ema. How would you make re-entry trades on this bullish trend for the BTCJPY. Leave a comment below about your trade idea.
As price comes to decision points what direction it will go, knowing the answer to this question will help prepare you to win a triangle trade. The question is "If this happens, what then." Knowing decision points of price will help you be calm and patient while price makes its decision while you are prepared to "if price continues then I will do this" or "if...
As you can see bitcoin has been moving rapidly.... Our strategy takes advantage of the pull back that occurs on the Daily chart. This is by far the best way to trade bitcoin. Wait for it to fall then get in on a BUY.... Let us know how you trade BTCUSD in the comments below.. Every one has their own strategy, this one is ours :)
Price should pull back for entry on the 15m chart. TP will be the 100 sma on the 15m chart. Watch the Macd for directional confirmation.
This strategy is taken from our Trading Strategy Vault Library. For more information about this strategy and our Strategy Library leave a comment below.
Long from 800 sma to top of range TP Short from 800 sma to 50 sma TP 1 Enter short brake of 100 sma TP 2 bottom of range
Pair is at the top of the range. Breakout Long - Entry on 15m break-hook-go TP 1 @ .07254833 TP 2 @ .07547211 Bounce short back into range TP 1 @ 100 sma TP 2 @ Range bottom
Advanced Triangle Pattern Indicator helps find opens and TP closes from triangle patterns it finds. For more information comment below.
4H bounced off double top and created a morning star bearish candle pattern. 4H resistance level created TP @ 1.1705 1H has divergence with price and Macd. Breakout support level @ 1.1785 Enter on 15m with a break-hook-go TP @ 1.1705
1H chart has divergence with price and Macd. Enter trade on the 15 chart with a break-hook-go of the support level of 6818.29. TP will be what price is at on the 50 ema of the 1H chart.
When price stays above the 50 ema that indicates a bullish continuation trend. When price pulls back to the 50 ema and bounces long is an entry point.