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Binancefutures

Wait to Buy it Cheaper! BTC price to hit 20k soon?My first Big Notice since April 1st is that BTC is Trapped and this could last for the rest of 2021 to first half of 2022. Not a good news right? The current pattern forming on the weekly chart is a Triangle ( a triangle is a consolidation or sideways movement that last for over 3 months to years. while other patterns that look just like the triangle exist(Pennant) They tend to complete the formation and breakout or breakdown within the period of 3months. In the case of BTC, The current pattern has lasted for 6months now, making this a triangle. for long term investing , Let's take a closer view at the Monthly chart to see the most likely next strong support that could Lead to these bulls picking back up and leading to a new ATH The above chart explains with highlighted comments what is likely forming for the rest of 2021 and 1st half of 2022 on the monthly For the Midterm, Let's Look at the weekly chart. I do see there is a support at around 42k to 38 k range aside the 44k support. We have this area stacked but is getting weak with each hit by the bears and I do expect a breakdown of this support anytime sooner than later. breaking this support will only push these bulls down to the the 32k support to the 28k support. BUT WHAT THEN HAPPENS IF THE 28K SUPPORT SHOULD FAIL THE BULLS? to answer this question let's look at the daily chart. This shows that changes of a little bounce to retest the break down support which is likely going to act as a new resistance for the bulls For short term(this is not for scalping but for a 4hrs trader. As a result of the current Triangle pattern, we will need a good patience to be able to buy cheaper BTC and to be able to see another big pump that is capable of taking btc to a new All Time High, we will not likely to be seeing that in 2021. Trading is 10% buying and 10% selling but 80% waiting, A patience trader will be able to confidently but btc below 20k to target a sell around 80k to 100k next probably in lat 2022 to 2023. Thank you for the support and Happy trading.
by MachiavelliTrader
8
$SRM Daily 09/15/2021What Is Serum? Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). (DeFi). Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users. In light of the popularity of DeFi and the growth of DEXes on Ethereum, users and developers are limited by high gas costs and slow transactions. Serum aims to resolve these traditional problems of DeFi, as well as issues of centralization, low capital efficiency, and liquidity segmentation. The SRM utility and governance token enable users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.
SLong
by amosjohndomingo
BTC Analysis Short Setup HTF HTF BTC Analysis I think the best trade right now is no trade but we can plan for the move ahead of us . In this case I favour a short off of the daily level highlighted which is confluent with the fib level shown . After the move up to the said level I would be looking to fill a short with the targets down to the 100EMA and the POC depending on other market metrics at that time . Always know your Invalidation and use a SL Like Follow and Share is always appreciated
BYBIT:BTCUSD.PShort
by SJTRADESFUTURES
OPEN LONG POSITION ON BZRX/USDTA potential 15-20% rise can be expected from BZRX. Formed an ascending triangle and soon it'll break out. I am entering this trade in the range of $0.411 to $0.425 Stop Loss will be $0.3856 Targets: $0.445, $0.469, $0.498 Try to accumulate every dip. Use max 5x leverage and 5% to 10% of your portfolio. Always keep your SL tight and if the SL is hit then look for an opportunity to re-enter the trade. Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
BLong
by Dexter_The_Trader
1
$EOS/USD 1D (Binance Coin-Futures) Symmetrical triangle breakoutEnterprise Operating System (a.k.a. EOS) is accumulating above 100EMA and looks ready for bullish continuation! Risk/Reward= 1:1.6 | 1:3.11 | 1:5.82 Expected Profit= +27.56% | +54.01% | +101.16% Possible Loss= -17.38% Fib. Retracement= 0.5 | 0.618 | 0.786 Estimated Gain-time= 2 months Exchanges: Binance Coin-Futures, ByBit Signal Type: Regular (Long) Leverage: Isolated (1X) Current Price: 5.577 Entry Zone: 5.453 - 5.075 Take-Profit Targets: 1) 6.725 2) 8.107 3) 10.589 Stop Targets: 1) 4.349
BINANCE:EOSUSD.PLong
by TradingOn
3
BTC to hit 40k if these conditions are metPrice may hit 40k region if support gets broken at 44k-43k region. Hitting a HIGH of 50600 in the month of August to me was a retest on the LOW formed on the 25th of April, 2021 unless otherwise, it turns around. That notwithstanding, price will continue its upward move to hit the fair value gap created around 51.5k-52.8k and then we will see what will happen. For now, keep watch of the market and trade with caution. Minimize your risk by waiting for clear signals in this mixed market.
by nanay4w