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Bitcoin-btcusd

Bitcoin Weekend Scalp Setting Up Nicely with Good Risk to RewardI am watching this setup develop and want to share it with you. Now I will only take this trade if the neckline is broken confirming the entry. Even though strong support is below at $82,00 my stop loss will be below the $8,500 local support. I prefer to keep the risk to reward favorable and if we break $8500 take another look at the $8200 support. Trade safe. Be prepared. Trade smart. Go ahead and leave a like if this helped you or you appreciated the analysis. Take care everyone!
BITSTAMP:BTCUSDLong
by JordanLindsey
Bitcoin is being Bitcoin, it is NOT what you WANT it to beBitcoin is trading into support. So long as Bitcoin holds $9,475 it is extremely bullish. Remember Bitcoin is currently fairly valued versus the s2f model. Meaning it is trading purely technically in nature right now. Take advantage. As always, I will respond to comments and also keep this thread updated as the trade develops. Be prepared. Trade smart. Technical Analysis alone is meaningless. You need a complete trading system. You need proper position sizing. A watch list of what you will trade. A strategy with an edge, and the discipline and perseverance to stick to your rules allowing your edge to play out over time.
BITSTAMP:BTCUSDLong
by JordanLindsey
1
New Bitcoin Buy Signal In Play. Look Out Bears.#Bitcoin new buy signal has triggered upon the development and break of the previous inside bar high. Yet, many still argue that Bitcoin is a short. In this video I point out why I believe Bitcoin is going to low the 9Ks on the next leg, and what common mistake blinds the majority of participants to such a move. The goal here is to provide perspective, and insight into how our decision process is managed for our LONG only swing trade strategy. I aim to provide real value to the community, not persuade you to agree with my view, nor should this be taken as advice. I am providing the main points of my video here so that you do not have to watch the whole thing. Note to those who like to criticize: Disagreement is perfectly acceptable, BUT if you can't SHARE your reasoning in a way that provides educational value to the community, then please refrain. You only degrade the experience of this platform which should not be tolerated by those who are making a genuine effort to learn. 1. 8130 support has held and price structure has established a HIGHER LOW. This structure is a sign of strength since higher lows often lead to higher highs. Those who continue to focus on the series of "lower highs" that Bitcoin has established since June are NOT taking into consideration the WEIGHT of the most recent price structure. 2. Sell signals (like the outside bar the appeared about a week ago) do not guarantee there will be bearish follow through. These signals can offer attractive opportunities for very short term oriented styles such as day trading, but any expectations beyond that magnitude and you are BLIND to the clear signs of strength that are now present. In this environment, sell signals as defined by our swing trade strategy carry little weight. 3. In terms of proportionate order flow, the next target area for price is in the low to mid 9Ks. There is a resistance around the 9K area which price has reacted to previously, but short squeeze momentum can lead price through this level (which will take us out at our 3rd profit target at 9250) and into the next zone which borders the low 10K region. This means reward/risk is still attractive for long swing trades taken around the 8500 area. To be clear, my perspective and analysis is based on the swing trade strategy that we operate. Everyone has their own definitions of what trading means, and in order to compare ideas, it is important to recognize the specific time frame, and magnitude of the inflection points that we are evaluating. So questions about price action on one hour charts are not relevant in this regard. Overall, the inverted head and shoulders, followed by the recent higher low are clear signs of a momentum reversal within a corrective consolidation (defined by 14K high to 6450 low). This is NOT a bearish trend as I have been pointing out for MONTHS. And if the recent momentum continues for a break of 10,300, THEN we can argue that a broader Wave 3 is in play. And upon confirmation, that will prompt us to change our trend expectations from corrective consolidation to bullish. For our strategy, trend and momentum are not the same thing.
BITSTAMP:BTCUSDLong
by MarcPMarkets
36
DENIED But still bullish! - Bitcoin BeatsHello, Hello, Hello, And welcome back, to Bitcoin Beats. Yes. We got DESTROYED by the Chinese whales. Yes. I WAS bullish yesterday. BUT. I also said NOT to long until we CLOSE the daily candle outside of our resistance line. Because, AND I QUOTE "This could still be a trap here". So I hope you're all having a great day, we have evidence here that we are more bullish as we haven't even wicked over that resistance line since $14,000 so there is hope and I am still very bullish to get to the next area upwards but this is still a rejection and we could head down from here in the short and medium term. For continuation upwards we need to either consolidate this area or bounce hard from $8500. Thanks and Goodbye, From Bitcoin Beats
BITMEX:BTCUSD.PLong
by Hamilton_Gilpin
Bitcoin - Rubberband Effect ~ BTC, BCH, LTC, ETHWelcome to our enTHUZed trading community! Our educational crypto trading group is focused on learning trading through actual trade repetition. Learn enTHUZed’s quick and easy Strength Trading style using simple chart indicators to “short the Rips and long the Dips”! We cover these major contract/leverage trading pairs regularly: BTC , BCH, EOS, ETH, LTC & XRP along with the Binance margin trading pairs. Check out our daily TradingView Bitcoin & Altcoin market updates. Be one of the TradingView LIVE beta testers simply by watching one of our live streams. DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
by enTHUZed
2