One of the first most important and fundamental thing for any trader to do, is to properly define price levels on chart.
Dealing with Bitcoin price in 2019 you can witness it's peak near 20 000 price range and as price went down by now to 3750 area, this means most traders will set their levels at closest round numbers like of course at the middle 10 000 and...
Hi guys, it's all on chart as you can see, there is possible opportunity to gain our deposits.
Small trade, but thats all I have by now, as market is in it's downtrend.
Buy target at lower resistance zone upper mirror level considering presumed price down impulse 0,3400 Usdt
Stop Limit Order 0,333 (Approx. 2% Risk)
Sell Target 0,40 Usdt...
As you can see on chart, there is possibility of Bitcoin price breakthrough it's double bottom uptrend support and even 5800 horizontal support level as we double retested it, the third time can be not that supporting.
So were do we go down then?
There is possibility again for price to reach 4800 support level to test and only after that we can go up, to...
Hi there again, another trade idea from beginner trader, long this time if things turn the way they are on my Ripple chart.
Buy at 0,363
Stop loss at 0,35
I know it hurts 3% loss, but there is nice and more solid resistance area at this point.
Sell at 1,5 or trade
So yes, It's up to you to pull this trigger
See you next time, cheers!
Please keep in...
Hi there, it seems like ripple is about to test main trend line, I suggest it will not hold there for along and continue go down to maybe 0,30 price point.
Anyway the best plan for now is to watch Bitcoin price breakthrough the main trend resistance to retest at about 10000 level or breakdown to 5000.
Ripple seems like it is about to test main trend line, I have suggestion it will not stay there for long and continue the down trend maybe to 0,30 cents price level.
Anyway, the best plan now, is to watch Bitcoin price possible breakout for retest main trend at 10000 or breakdown to 5000.
Hello again, I came up with another simple idea of retesting the holy trend line, as you can see on chart, price did only one test and there must be at least another uptrend movement for bitcoin.
Maybe it's too obvious for most of the traders, but I'm only two weeks in to it, so correct me if I'm wrong please down in the comments.
"Where there is no vision, the people perish…" King James Bible
Some may say drawing simple lines is kind of primitive thing to do, but yet on the market they play a critical role when it comes to financial decision making, just saying.
So, where we at now, is really not much to say about...
Nice bear pattern has formed and no room to move uptrend, so as for...
As september has shown finally head and shoulders has formed at the highest support level on the day chart, so the fall down might be dramatically huge, down to 4150 with the first wave, and 3000 or even 2000 at last. This is my final thoughts on bitcoin future price action.
Ok, now a little price action update, I actually changed my mind to buy at 0,48 and placed my order right at the bottom support level of 0,44 and will take profit at 0.51 cheers!
Keep in mind i'm only beginner in trading and not financial advisor.