BTC LONGNew week Fresh trades!!!!!!!!!
Structurally btc looks to be in a level of accumulation , the 1hr fvg had had marked up was met and we got a beautiful reaction of these key level with price rallying to 20800k before dropping back into consolidation. But its the week and pa can be slow and choppy.
Price currently sits inside the ob as marked above and this is where ill expect price to rally from, any run velow this level then we hunt shorts!!!
Going into the week im still anticipating we see a run to 21200 level completing the MMBM, depending of the time of week and our cross analysis (looking at dxy nasdaq , spx ) we can determine if we look to short this area.
Bitcoinbtcusd
BTCUSD - BT Trading Strategy in playBITSTAMP:BTCUSD
Am applying my strategy in this trade. As per my setup, price should go at least 50% back in to the setup.
I have opened 10 trades with sell limit. 7 would close at RR of 1:1.37 while the remaining 3 is set to close at 1:2.
If our expectation goes wrong, then 7 other position would have covered the cost of our trade and made some profit for us.
Let's meet at the other side of the market.
Follow my idea at your own risk.
Do not risk more than what you can afford to lose.BR,
Kingsley
(aka Rev Ben)
BTCUSDT > Near Term Prediction and Expectation for Bitcoin!!Analysis on #BITCOIN
Hello friends.
Following up with my last analysis on bitcoin, as you can see the market has moved above the trendline resistance as I explained in the last post you will see the link below this idea.
Now what: it is obvious that selling interest has decreased by a lot, and much of stable coines has moved to exchanges is ready to get in.
What worries me is the low trading volume relative to other days, as you know friends, I am fully in, and to be honest, I have a plan to sell some of my coines when BTCUSDT hits 40K to rebuild my 20% USDT.
I see 40k-41k very strong resistance, we need very good news to increase the trading volume and buying interest in bitcoin and Alts
Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Check today analysis below⠀
>>“In Trading Losses Are the Cost of The Wins, TradingAxis.”
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Correction of BTC #rocketbombquickidea🔥 Short - term trade💥Hello, my lovely friends!!!🧡 As you asked, I'm updating the Bitcoin idea for YOU!!!💋
The price is in correction now 💥 I think that's a great chance to buy for less price. 👌🏻
Let me remind you, that no need go short on a bull market .🙅🏻♀️
Stay healthy and safe !!!🙏🏻
Wish You High profits, friends !!!😊🤑
The best way to say thanks to me is to put like and write a comment under my idea. 💋
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Sincerely yours Rocket Bomb 🚀💣
My mid - term and long - term 🔥🔥👇🏻