Bitcoin-trading
Where Do I Buy Bitcoin? - My BreakdownWith a lot happening in the crypto market right now (not much positive) we have to consider bitcoin playing out based on the video I did a few weeks back which I linked into this description.
So I thought it was prime time to start giving a breakdown of some limit order options I am keeping a close eye on.
If you like this content, please do hit the little rocket ship button in the bottom right, ask any questions you may have and feel free to post on your socials.
Have a great day!
InvestMate|Bitcoin An opportunity to seize💰Bitcoin An opportunity to seize
💰My attitude about Bitcoin has not changed, a bullish stance still prevails with me, especially after today.
💰After the US inflation readings in which I perfectly predicted that there would be a decline and a strengthening of the dollar. I invite you to read my post on the dollar that I published on 7 November.
💰Everything I wrote in that post came true.
💰After the Republicans won the mid term elections the dollar strengthened.
💰Falling inflation which is currently at 7.7%
Has cooled markets' anticipation of the next interest rate hike.
💰The market is currently pricing in an interest rate peak of June 2023.
💰Consequently, the market is already discounting in advance, as is always its nature, a strengthening of the dollar.
💰This opens up a great opportunity for Bitcoin.
💰Since the peak, we have already made a drop of a full 77.41%
💰For halving there is still some time to go, with predictions
it is expected to fall in the first half of 2024.
💰As we know from bitcoin's halving history, it has generated a new upward wave every time.
💰Will this be the case this time too?
💰Looking at the fact that we were in accumulation at the 20k level for about 140 days after which we hit new lows, which were very quickly overbought.
💰In the past, such dips to new lows were not so quickly bought. At a time when the Bitcoin market was not so regulated, dips after accumulations were left alone.
💰Currently, we find ourselves in slightly different times.
💰In a time of big interest groups interested in profits in the cryptocurrency market, I'm talking about the big investment funds and banks, colloquially known as whales.
💰Looking at the volume and purchases that are currently taking place on bitcoin, I can only guess
what levels the big players are dreaming of.
💰Being aware of the high correlation that exists between bitcoin and the world's most important index, the S&P500, I see a large divergence in this rule in recent days.
💰There has been a divergence of sorts, juxtaposing the recent rises in the indices with the falls in bitcoin
💰Was it a simple desire to ride for stops of exchange players and clear positions, looking at the losses reported by players here we are talking about billions lost as a result of falls to new levels
💰Assuming we are at the bottom. And that a return to lower levels is unlikely.
💰If we were to rally further I would watch the area around 16.5k. As there are strong fibo levels there which would provide very strong resistance in the event of a bottom.
💰Going back assuming this is the bottom, I decided to use a fibo grid measurement from ATH to the bottom which shows that the fibonacci levels overlap beautifully with previous resistance and support.
💰Please note with what precision they delineate past points of interest.
💰I also decided to use the pitchfork projections and again the overlap of the pitchfork lines coincides perfectly with the key resistances that bitcoin has ahead.
💰I am until amazed at this accuracy.
💰To top it all off using the divergence strategy on the MACD histogram. We have another bullish signal for the collection, the divergence unambiguously shows the moment to buy at the current location.
(The histogram is smaller and the price is lower)
💰Let's hope the downtrend on cryptocurrencies is a thing of the past
💰My opinion on Bitcoin does not change, I still think we are in great places to buy.
💰I hope my extensive analysis has helped you to better understand the Bitcoin chart
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
#btcstarburst Posted before This could be our bottom thanks to the trickery of the CASINOS I have posted this is a follow up
Bitcoin Big Breakout Coming Soon#Bitcoin Technical Analysis:-
$BTC currently trading at $19160
Still Trading in Descending Triangle.
Triangle Range :- $18000-$20200
So Guys We are Very close to Breakout.
So Still Waiting for Good Trade and Watching closely.
If Breakout Up side then We can Open Long Position or Buy Bitcoin.
Up side Breakout Point :- $20200
If Break down $18000 Level then we can see $13000
So Guys Never miss this Time opportunities.
This time Spike will be big.
Breakout Max TimeLine :- 24 Days.
Upside Targets:- $25,000/$31,800
DownSide Support:- $12800
Guys Never Forget to Buy Bitcoin at Cheap price.
You still can buy for Long term Holding.
If Dip you can add more Bitcoins.
2025-2026 Target will be $200k
For Long Term Investment this is Not bad Price.
Hope you understand and Learned.
Thank you
BTC TradePlan (20/10/2022)TRADE OVERVIEW:
This is a trading plan based on the symbol BTC/USDT in the Bybit exchange.
Market analysis and setup provided by Shade from 𝗧𝗿𝗮𝗱𝗲 𝗛𝘂𝗻𝘁𝗲𝗿𝘀 .
All trading zones are marked in the chart (with all confluences/key levels noted in each zone).
Entries will not be placed automatically at the first line of the 'Trading Zone'.
Only enter trades if enough confirmations are present in the chart.
TH TERMINOLOGIES:
𝗩𝗦𝗥: 🇻🇪🇨🇹🇴🇷 🇸🇺🇵🇵🇴🇷🇹 🇦🇳🇩 🇷🇪🇸🇮🇸🇹🇪🇳🇨🇪; 𝗘𝗠𝗔: 🇪🇽🇵🇴🇳🇪🇳🇸🇮🇦🇱 🇲🇴🇻🇮🇳🇬 🇦🇻🇪🇷🇦🇬🇪; 𝗩𝗪𝗔𝗣: 🇻🇴🇱🇺🇲🇪 🇼🇪🇮🇬🇭🇹🇪🇩 🇦🇻🇪🇷🇦🇬🇪 🇵🇷🇮🇨🇪;
𝗩𝗭: 🇻🇪🇨🇹🇴🇷 🇿🇴🇳🇪; 𝗟𝗭: 🇱🇮🇶🇺🇮🇩🇮🇹🇾 🇿🇴🇳🇪; 𝗙𝗜𝗕 𝗚𝗣: 🇫🇮🇧🇴🇳🇦🇨🇨🇮 🇬🇴🇱🇩🇪🇳 🇵🇴🇨🇰🇪🇹; 𝗙𝗜𝗕 𝗘𝗫: 🇫🇮🇧🇴🇳🇦🇨🇨🇮 🇪🇽🇹🇪🇳🇸🇮🇴🇳;
𝗔𝗗𝗥: 🇦🇻🇪🇷🇦🇬🇪 🇩🇦🇮🇱🇾 🇷🇦🇳🇬🇪; 𝗔𝗪𝗥: 🇦🇻🇪🇷🇦🇬🇪 🇼🇪🇪🇰🇱🇾 🇷🇦🇳🇬🇪; 𝗣𝗦𝗬: 🇵🇸🇾🇨🇭🇴🇱🇴🇬🇮🇨🇦🇱; 𝗣𝗣: 🇵🇮🇻🇴🇹 🇵🇴🇮🇳🇹;
𝗙𝗩𝗚: 🇫🇦🇮🇷 🇻🇦🇱🇺🇪 🇬🇦🇵; 𝗣𝗢𝗖: 🇵🇴🇮🇳🇹 🇴🇫 🇨🇴🇳🇹🇷🇴🇱; 𝗩𝗔𝗛: 🇻🇦🇱🇺🇪 🇦🇷🇪🇦 🇭🇮🇬🇭; 𝗩𝗔𝗟: 🇻🇦🇱🇺🇪 🇦🇷🇪🇦 🇱🇴🇼;
LEGAL DISCLAIMER:
Trade at your own responsibility, this is not financial advice.
BTCUSDT Trade IdeaBTC has been rangebound now and nobody clearly knows where price is headed.
Luckily as a trader you can make money both ways and your job is to analyze, be prepared and react to whatever price does not to predict where price would go.
For me I don't trade ranges and I'm sure range traders must have been having fun of recent.
My trade idea is to be patient and wait for a break and retest of either level before entering any trade on BTC.
BTCUSDT - SellHello traders!
As we can see BTC has stalled and is losing volumes, it doesn't want to go up or down, at this moment it is very important to be patient and wait what will happen next, no need to push opportunities, set your alerts and wait before it rings.
Personally, I have alerts set for red selling areas, where I will sell if the price gets there and give a signal on a lower TF!
IMPORTANT WARNING:
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Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume (again 25%)
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Trading opportunity for BTCUSDT BitcoinBased on technical factors there is a Short position in :
📊 BTCUSDT Bitcoin
🔴 Short Now 19300.00
🧯 Stop loss 20400.00
🏹 Target 1 18500.00
🏹 Target 2 17700.00
💸Capital : 1%
We hope it is profitable for you ❤️
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