Update for BitcoinIn my previous analysis, we closed most of our shorts in enormous profit, and opened a long.
I now see some bearish signs, so I advise either closing the long in profit right now and shorting, or hedge a short and keep the long open as well.
This is a scalp trade, however if we continue the downtrend and break the local support at $20.8k - $20.9k then it can turn into a longer term swing trade!
RISK: Medium/High ( be careful!)
Risk to Reward: Excellent
Keep the short's Stop loss at $21,4k$, or slightly above!
Short term targets are the support at $20,8k - $20,9k, if we break these I will post an update with more Targets!
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Binancefutures
Long TRXUSDT aka Tron!TRXUSDT seems pretty bullish, including TRXBTC.
I think Tron will uptrend pretty well along with Bitcoin.
But the uptrend may not last too long because Bitcoin may continue the downtrend after this bounce I am expecting in the following post:
Why is Tron bullish?
Well,
1. have spotted bullish divergences
2. Tron has a good potential for a breakout from the falling wedge
3. MACD is bullish
4. Bitcoin is bullish
Please do not use high leverage on this trade if you are trading futures!
REMEMBER, Alts are very volatile and are far more unsafe than bitcoin futures!
Time to short Bitcoin!Bitcoin has shown lots of bear flags which have made me short.
Personally I shorted around 24,7k$, right now the price is about 24,4k$.
I would wait till btc goes up a few hundred more before you short, keep stop loss at $25,3k-$25.5k$!
TP1:$23.5k
TP2:$21.9k
TP3:$21.2k
TP4:$20.4k
Expecting a bounce for Bitcoin!Hello everyone, I have closed my shorts because I am expecting a bounce.
We are above some decent support here at 21k$, and we also have bullish divergences.
I am expecting a bounce in price which could take us to 22k, before either dumping or trending upwards more.
Follow me for more Bitcoin market analysis!
Analysis Update, Enjoy the gainz ;)Hello everyone! I hope you catched the short from 24,7k, and are enjoying the gainzzzz!
Here is a little update for our short:
We are approaching support from 22,4k-22.6k$ level.
We may bounce from there up to 23k$ before we continue the dump.
There is a chance we may start a bull rally from bouncing from this support, but it is unlikely.
Hold your short, take a bit of profit if you would like though!
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SHIBUSDT Long Signal Ready To Explode$SHIBUSDT (1000SHIB/USDT) (Binance Futures) ia getting ready to explode. 😘
One of our all time favourite, made us massive profits in the recent past with a 50X short this week, this gem has generated us Huge $.
$SHIBUSDT is ready to break from the bottom. Watch it for next few days.
My setup is as below:
Binance Futures (25X)
Entries
0.013790 - 0.014100
One Time entry
0.014050
Targetted Profits
0.017300 - 0.02450
As a good trader always uses Stop loss, for this i am setting 0.011500 as a stop loss.
Please be careful with your investments.
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MetaFutures
$AVAXUSDT Long SignalOne of a hidden gem, its going to explode in the next few weeks. Sitting in as a short term correction after which it will be making moves to the upper levels soon.
My setup is as follow:
Binance Futures Long (10X)
Entries
18.20 - 21.50
One time Entry
20 - 22.45
As a good trader always uses Stop Loss, for me i am setting a Stop Loss of 13.5 - 14.35 (trailing).
Please be careful with your investments.
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MetaFutures
Expecting a decent dip for Bitcoin!I am pleased to show you guys another one of my fantastic trading predictions, in this prediction I am expecting a dump down to 22-21k$.
After there we may dump much more, or we may bounce up and start a rally upwards!
I will post an update once we approach 21-22k$ or if the charts show me that we will go up!
This is a swing trade, keep low leverage and put your SL at 24,7k$ or preferably, a tiny bit over 25k$!
BNB short! Forecast !#BNB
▪️I think cz binance wants to lead us into a trap, we have come to the $300 zone, a significant level, I expect a correction in the near future, the indicators are overbought!
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UNFI/USDT Bearish scenario Binance Futures
UNFI/USDT has confirmed a bearish ABC scenario
wave B retraced around 61.8% of the wave A leg
trade guide
sell @ 62.23, the break of the lower channel of wave B
Stop loss @ 6.527
take profit @ 5.20 (-27.00) fib level