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Bitcoin-trading

BTCUSDT - InformativeHello traders! We have a new week here and I was doing an analysis on bitcoin now, it doesn't look very good, the weekly candle has closed bullish for us, but it is very exhausted. The daily timeframe is still at resistance, which has not been broken and can be considered tested, which may indicate very significant bearish strength. I have marked the buying zones for you on H4, but they may not be that strong, so be very careful when buying! Because we can easily fly to the new LL from this resistance. In addition, we are at a strong support on BTC .D, which means that btc's dominance can start to strengthen, and in most cases this happens when bitcoin falls more slowly and sometimes when bitcoin rises faster. Despite the fact that Bitcoin needs some retracement, I am starting to lose hope and am preparing for the option of looking lower. Note ------------------------------------------------------------------------------------------------------------------------------- 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 25% In this way, I ensure that my equity curve grows consistently without significant dips. 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!
by TraderDominik
UNIUSDT Chart AnalysisWell how to start !! Everything is in green from the past few days so as UNI, it's in nice uptrend heading towards the resistance which is at around 6% above from here ( Resistance at $8.146). Currently it's in middle of the river, so what to do now? IMO as $BTC is testing it's breakout zone, I see no reason to be bearish for short term atleast it doesn't mean that I'm suggesting you to go long here, you can trade UNI if you want but make sure you ready to take big risk cause may be the local support zone at $7.3 may hold but don't trade based on the expectations. Let the market to tell us what we need to do. So what's next? My suggestion is to let it come to one of our zones, may be retracement towards $7.31 price zone, I'll update if I observe high interest there, with respect that you can plan your trade. What if it headed towards straight away towards resistance well then we can observe again and based on the appearing interest at that time let's decide whether we have to be on long side or short side. See guys no need to rush planning is everything. Disclaimer : Anything provided here are only my opinions and ideas. I am not giving any financial advices, trade at your risk.
Long
by Livermore_Jr
1
Ummm, this is where Millionaires are made...!Hey guys, my beloved system is sending wake-up alarms to re-enter the BTC market. The long night of sleep is over, and it is time to smell the coffee and begin trading again. I am sorry, I am not up on the "news". As a matter of fact, who is? After this terrible fall, who is much interested anymore in cryptos? It is a wasteland, and many people want to put it behind them and just move on. Unless you are a crazy trader like I am, Ha! Seriously, the signals are in. I am looking for long plays. I promise I will do more broad analyses in the future, but if you think about it, you are here to make money, right? I mean, you are not here to confuse yourself with a lot of conflicting information, are you? So then just listen to what the market is saying! I have made it almost painless for you. The market patterns, combined with Stochastics and the Surge is your dream come true (or at least it is mine). Finally something to banish confusion into oblivion. Well, that is enough inspiration for now. Talk to y'all later. And, please comment or ask any questions you like! Don't be shy.
Long
by jbrelin
1
Is It Over, Are We There Yet? Bitcoin DailyI know the question that is on most people's minds right now... Is the drop over for Bitcoin? Is the bottom in? Bitcoin Daily Chart Analysis We are looking at the daily timeframe for the BTCUSD pair. Yesterday we hit a new low set at $17,605. It is the first time Bitcoin see this price since November 2020. It is only the second time that Bitcoin goes through $18,000 on the downside... Now, as for your questions, we have to wait. Yesterday marked a new low and a break of a very long-term support level and that is the $20,000 level. Since we just lost $20,000 as support for the first time in years, we have to wait for several additional sessions to close before we can have a better picture. TD Sequential is at -8 and can easily go lower but that is why we need to wait and see. The RSI hit its lowest level since March 2020. We call it weak/oversold but there is room for lower even if prices recover. We wait for this daily and weekly candle closure. Prices can grow and close above $20,000 weekly sending out a positive and sure recovery signal, but if instead the weekly closes below we have to be very careful and wait a bit longer to see how things develop. We will look together at the weekly timeframe later on today and I am hoping that you can join me. Other factors to consider Mercury is now fully direct and out of its post-shadow phase, with Saturn going retrograde this can only signal one clear thing... WORK! To me work translate into a green market and we count this one as a bullish signal; not enough, we need more. The crypto fear and greed index is almost at its lowest ever... The sentiment reads extreme fear and normally this reflects a market that is bottoming out or going through a crash/bear-run. The signal in this case is in reverse just like the RSI. When the indicator is weak, for us it signals that things can easily turn. When the sentiment is bad down, it is time to prepare to buy because for the majority of people it takes time to adapt to new market development and conditions, they don't know that things will soon change. While we were looking at the bottom/low, the crash, bear-run, etc. back in January, February, and March of this year, most people are only realizing it now. While we start to prepare for the next bull phase and the Altcoins market bull run, people are in a panic thinking that cryptocurrency is really done for. I am not sharing this to degrade the masses or talk baldly about other people... I am sharing this to point out this amazing tool that we have. Even though this is public, this is specialized information and can work in our favor. Knowing things beforehand can lead to success in the long run. Conclusion It doesn't matter what happens, after the next drop prices grow. After a bearish wave comes to a bullish wave... Patience is key. We buy and patiently we hold. Long-term.
COINBASE:BTCUSDLong
by Roberto411
BTCUSD near 20.000$ EN : BTCUSD is actually near the top of 2017's bullrun, 20.000$. This 20.000$ zone acted as a resistance. When we break a resistance, it flip usually into a support. Is it going to happen this time again? Looks like a good long term opportunity. FR : Le Bitcoin est actuellement à 2 doigts de toucher le point le plus haut du bullrun de 2017. Cette zone des 20.000$ était une résistance. En général lorsqu'on casse une résistance, elle se transforme en support. Est-ce que ça se passera comme cela cette fois? ça semble être une bonne opportunité d'achat pour le long terme.
INDEX:BTCUSDLong
by SubvertoTradingClub