Bitcoin-btcusd
XRP Tries To Reclaim No.3 Spot With 0.75 resistance in sight!Hi Everyone,
Just thought I would share some of my thoughts on the current patterns and resistance zones for XRP. Now that Cardano has officially taken XRP's status as the third largest coin pressure has been coming back in from the bulls. Frist target is around $0.75 and a close above this area signalling a stronger move to $1.00! From that point we could see some serious buying opportunities and even a possible movement back up to the 2017/18 highs!
Good luck everyone,
Tom
BITCOIN - Approaching A War Zone! Now What?BITCOIN is approaching the upper War Zone as per my previous picture idea (attached below). Who do you think will win this battle?
Best of luck!
Forex => Yearly Profit
Stocks => For Your Own Retirement
Crypto => For Your Kids
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin (BTC) • Tesla pump setting us more upsideThanks to Tesla announcement of $1.5B worth of Bitcoin purchase into their corporate treasury we know many other companies will follow suit.
I was expecting correction back into the 36k support range but the news clearly canceled and market instantaneously front run by pushing price another 10% up.
We are now at another ATH in price discovery mode.
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/04Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
Live trades will be called in the latest daily post. Follow me to trade live with me!
Also check out my daily post on Bitcoin!
Market Overview
Price Action: ETH absolutely breaking out and pumping to new ATH of $1695. I had said in my previous posts that once ETH broke its previous ATH from the last cycle, it would likely go on a tear, the same way BTC did once it broke its previous resistance @ $20K.
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for us are the 200MAs @ $1545-1565 and the highs @ $1695. Once price reaches one of our areas of interest and gives us a valid entry signal, I will update the trade, so make sure you follow me to get the trade entry signals in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading. Once price reaches one of these zones, I will monitor closely and post a trade signal if we get a high probability trade setup.
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $1545-1565 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $1695, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
Recent Trades
2021/01/30: We had winning trade! We entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1, meaning if you risked 1BTC on this trade, you could've made 1.1BTC.
2021/01/28: We had two trades yesterday, 1 win and 1 loss. The losing trade we entered short @ $1272.8 and hit stop loss. The winning trade we entered short @ $1289, max TP $1260, giving a risk reward ratio of 1:44, meaning if you risked 1BTC on this trade, you could've made 1.44BTC.
2021/01/11: We had losing trade! We entered a long @ $1024.8, with Stop Loss @ $971, which was hit.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have worked at top consulting firms advising Fortune 500 companies and worked on $10Billion+ deals.
I have founded and advised blockchain projects and companies, including in the areas of defi, nft, data ownership, and personal identity.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Live trade signals so that you can take the same trades that I am taking.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
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DISCLAIMER: I'M NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE, AND I WILL NOT BE RESPONSIBLE FOR YOUR WINS OR LOSSES, DYOR.
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BTCUSD MULTI-TIMEFRAME ANALYSIS 01/02 to 05/02 Monthly and Weekly price structure is bullish , Daily is currently bullish . Once price retraces back to the support zone as highlighted and have a bullish reaction, price could go higher.
Trade Safe!
Good Health! Good Wealth!
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Bitcoin (BTC) • Not even Elon take us out of the rangeWe had nice Elon candle but ended getting pushed back into the lower range. This was the first time we saw significant volume upthrust on the way up. Most volume in what I believe to a trading range has been produced on lower swings which suggest smart-money re-accumulation.
Check video for more detailed thoughts.
What does the Fed have to do with Bitcoin?I wanted to share my fundamental take on a consequence of "mass adoption" among institutions. Bitcoin is being bought on debt financed by a low interest rate world. Trading cryptocurrency no longer means that traders and investors are immune from the wider economy. Unfortunately I think that cryptocurrencies may become influenced by interest rates...
Bitcoin Future Forecast by end of January 2021Please don't forget to FOLLOW, LIKE, and COMMENT ...
If you like my analysis:)
Trade Safe - Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
Bitcoin Dip Buying - Part 2: Risk ManagementSo we finally got a signal today! The alert conditions of the indicator worked as intended for me and others that DM'd me. Having a signal to trade is the start but it is worthless without having a proper trade structure around it to build a strategy.
To that end I have updated the indicator with an automatically drawn entry, stop, and target that can be user defined to personal risk profiles.
This video talks about today's dip and explains how to use the new functionality of the indicator. Once again and always this is free for people to learn and hopefully profit. Any questions just leave comments below!
Detailed BITCOIN Video Analysis - No More Guessing!Hello everyone, this is Rich, I promise to keep sharing original content here on TradingView. My Second Home!
If you like my trading style, do not forget to follow me for more.
Here is the top-down analysis for BITCOIN, feel free to request any pair/instrument, or ask any questions in the comment section below.
Best of luck!
Bitcoin Dip Buying - Part 1: Entry StrategyIn this video I combine the indicator I made for traders to identify high volatility bars and show how to confirm the signal with fundamentals related to forced liquidations. Make profit buying dips on others' losses... but don't get rekt yourself! Hope all can profit from this!
Victor Cobra's Crypto Market Update 12.30.2020 Part 1Hey everyone! Time for a new video idea. Here, I talk about my own personal thoughts and opinions. I also discuss price analysis for Bitcoin, Ethereum, Litecoin, XRP, XLM, and briefly BAT and LINK.
There's more I want to talk about, so I will be making a part two! Stay tuned.
This is not financial advice. This is purely my opinion and should be used for education/entertainment/speculation only!
Thanks for watching. Happy New Year!
-Victor Cobra