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Bcusdt

Bitcoin (BTC) - August 17Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The highs are being updated. Therefore, if the price is maintained at or above the 23257.6-23804.3 range, it is expected to rise above 25459.8. If it declines in the 23257.6-23804.3 section, there is a possibility that it will turn into a downtrend. However, if it is supported in the 23257.6-23804.3 section, it is expected to rise above 25459.8. Therefore, the main position is 'LONG'. Therefore, if you enter the 'SHORT' position, I think it is advantageous to trade short. (1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. the important point is 21826.1, 22570.6, 23257.6, 23804.3, 25459.8 Thus, you can switch positions depending on whether you find support or resistance at this critical point. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
BTC: 2 ScenariosWe have seen traders interpret the BTC chart patterns as Cup & Handle or Head & Shoulders: 1. Considering the h&s pattern, we have to move lower to touch the uptrend line at about 7400$ and then we can start the move up to 14000$. 2. Considering the C&H pattern, the handle has already formed and we have begun the move up to 14000$. The coming week will clarify which one is running. which scenario do you go with? Please hit like if you agree with this analysis and please tell me about your ideas by leaving a comment:)
Long
by donya_crypto
4
BTC goes BOOOMMMM!!!Hello traders & bulls, you know it if you've been watching my latest ideas & videos: Bitcoin breaks the inverse Head-and-Shoulders pattern to the upside with 10% profit! I tried to upload a video on TV extra for todays special occasion, unfortunately it cut off after 10 mins. On CNBC & other mass media you can read now: 'Bitcoin makes 11% in sudden move! ' => of course, as traders we can only laugh about this. Like I described in the last idea, many bears had to close their positions once we broke the critical range at 6.800, and they do so by going long! => This magnifies the move. We had the exact same scenario breaking the April lows from the equilibrium, 10% move back then! But anyways: Grandpa has come a loooong way now, we're crazily overbought on the Hourly & 4H. I mean when was the last time you remember 4H RSI at 90? blink blink bulls ;) So, even if we move higher from there, the former resistance comes in at 7.800, where we had broken bearish. This would be definitive end of this first run. But it doesn't matter for tonight guys! I hope at least some of you have followed my advise, and put in their orders, for this magnificent move. For me personally it was one of my most profitable days this year, I went all-in, knowing exactly the magnifying effect the short-close would cause. Like Hannibal used to say: I love it, when a plan comes together! ;) Again: Congrats to the BTC bulls, who have shown the market: 'We ain't done yet!' If you don't wanna miss such clear breaks of beautiful patterns like inverse H&S, if you also wanna make 10% gains in 15 mins, please like & subscribe, watch my daily analysis to learn. I wish you a happy trading! ;) About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
BITFINEX:BTCUSD
by Edgy_