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Bitcoin-usd

💡Don't miss the great sell opportunity in BTCUSDTTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (19074). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 40. Take Profits: TP1= @ 18484 TP2= @ 18257 TP3= @ 18025 TP4= @ 17407 TP5= @ 16340 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
18
💡Don't miss the great sell opportunity in BTCUSDTTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (19074). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 40. Take Profits: TP1= @ 18484 TP2= @ 18257 TP3= @ 18025 TP4= @ 17407 TP5= @ 16340 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
28
Bitcoin Will Turn Upwards Between 13500 and 15800We are bullish on Bitcoin and we all agree that Bitcoin will take a turn to go for a new ATH. The question this analyses answers is where the turning point will be? The answer somewhere between 13500 and 15800. Please, continue reading for the explanation: What do we see? - An ascending channel since March - A dotted support line in the middle of the ascending channel which can be considered as a support line within an ascending channel - Auto Fibonacci Retracement levels plotted on the chart on the swing of the full channel from March - A broken parabolic curve which most often retraces 50% to 70% of the rise from 3860 in March to 19450 this week (50% retracement amounts to 15590 in this analysis) - The only technical foundation holding the price is a short term indicator the red EMA 25 line What do we conclude? - We shouldn't analyze at timeframes smaller than 1D if you're not a day trader and want to follow the larger trend, so the current 25 EMA line holding the price is not a strong indicator to go long at - The broken parabolic curve has only retraced 20% yet with the low of 16300 while it most often goes for at least 50% of the swing from 3860 to 19450 - The first Fibonacci Retracement level of 0.236 hasn't been hit yet - The first Fibonacci Retracement level of 0.236 crosses the dotted middle support line in the ascending channel, meaning that this might be a strong support level at 15800 - The second Fibonacci Retracement level is at 0.382 is at the EMA 100 line which has been touched already 2 times in the channel and has hold throughout the entire channel so 13500 will most likely be a bottom support that will hold - Looking at the RSI, buyers are just gone waiting for a positive RR ratio - We shouldn't compare this rally with the one from 2017 since price has risen based on fundamentals rather than FOMO so we only look at the current long term ascending channel What do we advice? - The risk reward ratio turns only positive from 15800 since we all agree that Bitcoin in the macro trend is bullish and we go for an ATH again so from this point bulls will slowly start to enter Bitcoin again, if you're still in Bitcoin just sell and go long from here - Apply DCA dollar cost averaging since we are not sure whether the price will go for 13500 as well, while it seems a very possible target. So go long with an X percentage of your stack at 15800 and another X percent of your stack at 13500 Disclaimer: - Don't trade this idea if you don't fully understand it, then you can better keep calm, learn and hodl - Use this trading idea only as an indicator as part of your own trading plan and do your own analyses Please, let me know what you think of the idea in the comments or follow me for more updates!
BITSTAMP:BTCUSDShort
by CryptoMoneyGang
THE BIG SHORT: BTC Shorts adjusting TP for a move down to 4kBTC SHORT TARGET ADJUSTMENT for 6:1 r/r opp 61.8% to 78.6 fibo level zone extended from 1st wave of correction from all time highs provides clear positive risk: reward play for a downside correction Short limit entries above spot prices (previous posts - preferably near theextended 78.6 fibo level short BTC at around $18,035) Stops above all time highs and just below the next big figure at $20099 Final take profit targets adjusted from just above the key $12,500 pivot and $10,900 for half a position each (previous post) to around the $4k level for a r:r opportunity greater of nearly 6:1 unleveraged For more info on my trading approach - www.fxtradermagazine.com
BITSTAMP:BTCUSDShort
by skoracle
8
THE BIG BTC SHORT - Contrarian Perspective (5:1 r/R ratio) On numerous occasions, the 61.8% to 78.6 fibo level zone provided clear positive risk: reward plays for the downside corrections as outlined on charts. The 61.8% to 78.6 fibo level zone extended from 1st wave of correction from all time highs provides clear positive risk: reward value from a contrarian perspective that a downside correction is more probable as it aligns with macroeconomic top down fundamantal analyses suggesting a major BTC correction is necessary prior to any further upside above the key 20k technical and pyschological level. THE BIG BTC SHORT BTC short positions preferably near the extended 78.6 fibo level at around $18,035 with stops above all time highs and just below the next big figure at $20099 with final take profit targets just above the key $12,500 pivot provide a unique contrarian perspective with 5:1 risk reward value.
BITSTAMP:BTCUSDShort
by skoracle
Bitcoin - BTC retest before moving higher...It looks like the monster has woken up. I am not a BTC fanatic. I have a few bitcoins and XRP as a long term investment. I more look at the technical aspect of the market. I believe the current move might need support and a correction in order for it to continue going higher. I have market everything for you on the chart. Keep in mind this is my opinion so don't just trade it blindly. Take care of your risk and money management. Stay safe and happy trading.
BITSTAMP:BTCUSDLong
by Sepz2020
💡Don't miss the great buy opportunity in BTCUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (13601.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 13747.0 TP2= @ 13840.0 TP3= @ 14055.0 TP4= @ 14290.0 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:BTCUSDLong
by ForecastCity
22
💡Don't miss the great buy opportunity in BTCUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (13601.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 13747.0 TP2= @ 13840.0 TP3= @ 14055.0 TP4= @ 14290.0 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:BTCUSDLong
by ForecastCity
15
BITCOIN | BTC IS CURRENTLY GIVING US A STRONG PUSH TO THE UPSIDEPLEASE SUPPORT THE IDEA BY SMASHING LIKE AND GIVING A COMMENT <3 Hello Forex Trading Lions! PLEASE ENJOY THE FREE IDEA! BTC is giving us a bullish engulfing candle on the 4 hourly timeframe if this closes it definitely shows that BTC has potential to go further up. It also will be a recent new higher high following the moving averages, after such pushes we might see a correction move happening to the moving averages, but looking at technicals this trade definitely looks like a buy Follow & Check Out My Profile! PEACE <3
BITSTAMP:BTCUSDLong
by FX-TradingLions
💡BTCUSDT Second Chance: Profit=22% SL=7% Reward/Risk > 3.1:1Second Chance Trade Setup summary: Profit targets=22% = {TP3= 3% + TP4= 7% + TP5= 12%} Stop Loss = 7% Reward/Risk > 3.1 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (11111) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP3= @ 11442 TP4= @ 11886 TP5= @ 12468 SL= Break below 10840 -------------------------------------------------------------------------------------------------- Current Status of First Buy: Total Profit: 39% Closed trade(s): 21% Profit Open trade(s): 18% Profit Trade Setup: We opened 5 BUY trade(s) @ 10371.00 based on 'previous Forecast' at 2020.10.02: Closed Profit: TP1 @ 10840 touched at 2020.10.08 with 4% Profit. TP2 @ 11111 touched at 2020.10.09 with 7% Profit. TP3 @ 11442 touched at 2020.10.09 with 10% Profit. 4% + 7% + 10% = 21% Open Profit: Open trade is 11333.00(current price) - 10371.00(open price) = 9% 2 trade(s) still open, therefore total profit for open trade(s) is 9% x 2 = 18% Technical analysis: . BTCUSDT is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 71. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
11
ATOMUSDT Engulfing signalTechnical analysis of indicators reveals ATOMUSDT is in the downtrend. According to EMA and SMA (5, 10, 20, 30, 50, 100 and 200) the position is in a decrease phase. We can see there is an upcomming reverse according to Stochastic RSI Fast (3, 3, 14, 14), Williams Percent Range (14) and Momentum (10) indicators. Our brand new automatic Engulfing intraday strategy detected a reversal of the downtrend. The last candle obsorbed drawdown and demonstrated an increasing bullish activity. The buy level was 5.124 and we expect a 1.8% increase from this point which is 5.216 level. The alert was automaticaly execured by SkyRock Signals trading bot
Long
by Skyrexio