Bctusd
BTCUSDT at 4h support, likely to head to daily resistance againSo the price did hit the daily resistance as mentioned in the last post, however, could not breach it. The price has now fell down to 4HS2 level which is another long opportunity. Lets try this long from that support to the daily resistance.
BTC > PLAY THE RANGE AND WAIT...29.2k seems to hold. We left former FORK (27654 / 29184) "without PHASE C". Market Makers rushed out the Price Action with interest to test "THE" SR (30k/32k)
> Some FVG Should be covered and this is the KEY. The most interesting Zone is 28534$, but it could wick till 28k, otherwise go lower and then, Bull Market should be postponed....
IF 29.2 is a BackUp, 30k is the KEY to confirm the Take OFF of the Price Action.
TARGET ? WELL... 31k either for the double TOP, Either for flying above... 37 550$ could be just a Stage...
BULLS interest appetite till 48350 if 32k is broken .
BTC ANALYSIS#BTC UPDATE.
#BTC got rejected from the daily resistance at the red box resistance area with pink box as the support level .A daily close below to the pink would result in pullback on daily.
BTC ANALYSISBTC is currently trading in a rising wedge on 4H TF and is looking for a break down.If btc could not hold the lower band then we might see pullback to the next support level which is the yellow and the blue support level.However upside move is possible if btc bounces back from the yellow support level.
#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !Hello, dear traders welcome you to this BTC /USDT 4hr chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
If BTC supports the upper trend line will then soon we will be able to see the price rally towards the yellow resistance areas in the coming day which is around 17% from the lower levels.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BTC/USD Long Bitcoin fell below the $27,000 (€25,000) level as the sell-off in the cryptocurrency world continues. The price could experience a bullish pullback in the short term and retest the broken $30K level.
The sharp drop comes after the US Bureau of Labor Statistics reported consumer prices for April were higher than expected, causing investors to sell off riskier assets such as cryptocurrencies.
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share for more useful content:
Bitcoin technical analysis for scalp Traders#BTC Update.
#BTC doing as expected, we are not surprised.
We have been expecting this Move from #BTC since April 25th,
30.9k is inevitable
However, BTC may pullback in short term and retest 36K - 37.5K but these pullback will be short zone by whales unless 37.5K gets reclaimed as support.
Keep in mind we're still in bear market.
TS ❕ GOLD: ready to buy Buyers are waiting for the breakout of the 2000 level, after which the main target for them is the level of 2059.
BUY scenario: A conservative long option will be after breaking through the level of 2000 and closing the price above this level.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Be prepare!The Strong support line since the 4th of October 2020 was hit yesterday the 7th of January as I mention a few weeks ago and again today, we are also retesting again the previous falling wedge, we have to hold this support lines to avoid a catastrophic scenario, if we manage that prices should move to the upside from here, in my opinion I still think we could see probably the last parabolic move but for that to happen we need to hold this strong support line, fingers crossed.
BITCOIN Daily TA : 12.28.21 : $BTCThe price attacked to the 51700$ Important Resistance range for the second time to break it and failed again , as we can see, now $ 51700 has become the most important resistance right now And breaking it requires a lot of power. Let's move on to the second scenario for now : we said the first target would be 47K, and and if it is lost , the next bearish target will be the bottom of the trading range (neutral range) which is $ 45,500 range.
(The pessimistic scenario mentioned earlier is still valid .
The Pessimistic Scenario :
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 28.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Bitcoin eliminates cowards and rewards the tenaciousSummary of my advice to traders
Buy Bitcoin at $50,500
the explanation
By studying the behavior of Bitcoin, we find that it is heading towards a strong support area between $50,500 and $53,000
Bitcoin has been unable to maintain its price over the past period.
We see a repetition of the behavior of Bitcoin now for what happened on the twenty-first of July and the twenty-first of September, behavior that causes traders to fear the decline and exit with the lowest loss (stop loss) and then billions of traders’ wallets who sold at a loss will be liquidated, so that the whales start buying from the prices of Low and benefit by raising the price of Bitcoin again.
BTCUSD💲Waiting for a sell signal again❗The previous trading idea for BTCUSD worked out, the price was at $ 55503.95. At the moment, there is clearly an attempt to recover, if it was not possible to enter a buy right away, then it is better to wait for a sell signal again. The tool will roughly go up to $ 60,000, from where sales will flood again.
Have a nice trade!
GBPUSD: leaning towards salesAnd so, the GBPUSD currency pair remains bearish and after a slight recovery this week, further decline is expected. The resistance level 1.35400 will keep the price from rising, and the support level 1.34115 will serve as a target for the upcoming fall.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
☑️GOLD: there are two ways ➡️ The instrument retains its potential for growth. At the moment, the price is in the range of 1845.330$ - 1865.885$ . Fixing the price above this price area will allow GOLD to reach 1900$ , and then strive for 2000$ .
Today, there are two ways for the development of events: a more aggressive entry and a conservative entry. As the main one, I single out the aggressive one. Conservative entry: place a pending order and BUY from the lower border of the range. Entry areas for both ways are displayed on the chart. And below are the trade parameters for the mentioned aggressive entry.
🔔 Proposed deal for this tool 🔔:
🔵Entry Point - 1855.787
⛔️Stop Loss - 1842.142
✅Take Profit - 1877.286
Thanks for your comments and likes 👍
👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
GBPUSD: predominantly downtrendAnd so, at the beginning of the week, it is not yet clear how the instrument will behave. The downward movement is clearly prevailing. Any significant strengthening for the Pound is not expected. It is assumed that the first half of the week the price will trade below 1.34115.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
BTCUSD💲A $ 63,000 return or a $ 66,000 level breakout?📈Bitcoin moved as expected and broke the $ 63,800 resistance. BTC is currently trading above $ 65,000, which is an optimistic sign. This week we will see a stronger upward movement, provided that the exit from the range is not false, this can be reinforced by a retest of the upper border of the range and the continuation of the upward movement.
Or, by breaking through the resistance level, but in this case, the chance of a return to the range is higher.
The next resistance is $ 67,000 and the $ 70,000 area.
Follow our forecasts to keep abreast of developments!
Have a nice trade!
Your Solldy.