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Bitcoinbuy

$700 on a Saturday Morning (BTC)Probability is the name of the game with any trading setup. Let me ask you this, If I made you a bet in which you think the probability that you'd win that bet is lower than your chances of winning, would you take that bet? If you answer yes, you are a gambler because that is exactly what gambling is. If you go to the casinos, you hear it all the time - your chances (probability) of winning are very low as they are skewed in favor of the casino. Lets be real, a casino is a business and the business's goal is to make money. It is just sad that most gamblers aren't smart enough to realize that the money is mostly being made off of their backs. Conversely what about if you realized the probability is skew more in your favor, would you take the bet? You'd be foolish not to as it is more likely to be easy money for you right? That is the theory I have applied here. Simple in and out. That's it, no special strategy, special terminologies, weird candlesticks patterns and all that B.S. K.I.S.S - Keep it stupid simple Have a good day guys!
COINBASE:BTCUSDLong
by Brandon_evo4
1
BTC → Bitcoin to $40,000? Or to $80,000? Let's Answer.Hello everyone, I am back! I spent the last couple of months finishing the trading course, which is now live. With that project complete, I am back to the analysis! My Bitcoin Weekly analysis has not dramatically changed since March 25th. Bitcoin is now staring at the $65,000 to $74,000 resistance zone. A double top has formed after three pushes up, and we have closed below the Weekly 30EMA. How do we trade this? 🤔 We ought to be looking for a long entry since Bitcoin is bullish on this timeframe. We now have three completed pushes toward the upside ending with a double-top in the resistance zone, we need to at least wait for a two-legged pullback toward the Support Zone between $40,000 and $45,000. Once successful signal and confirmation candles close above the Weekly 200EMA, it's reasonable to enter a long position at a 1:2 Risk/Reward ratio. Stop loss should be set below the Weekly 200EMA at $32,350, the first take profit at 1:1 Risk/Reward at $51,600 where the stop loss is moved to your entry price, then the final take profit at $61,300 before the Resistance Zone at $65,000. 💡 Trade Idea 💡 Long Entry: $42,000 🟥 Stop Loss: $32,350 ✅ Take Profit #1: $51,600 ✅ Take Profit #2: $61,300 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Three pushes up into the Resistance Zone at $65,000 - $74,000 2. Double-top reversal pattern completed inside Resistance Zone 3. Weekly close below the 30EMA, more confirmation of a pullback 4. Wait for a two-legged pullback toward the 200EMA in the Support Zone between $40,000 and $45,000 5. RSI is near 49.00 and below the Moving Average. Wait for contact and a final drop toward 40.00 in concurrence with the price action to enter. 💰 Trading Tip 💰 It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
INDEX:BTCUSDLong
by TraderEngineering
1
Trading Bitcoin | Buy Orders | Elliott Wave (Mar 2020) - Part 1BTC/USD (weekly) has been labeled within a Cycle Degree wave III starting point. Cycle Wave II (black) has been called as the bottom during Dec 2018, unleashing the Crypto Bull Market. Primary (2) (green) hit the bottom in December 2019. Cycle II (black) Structure - Double Flat Dec 2017 peaks and down until Dec 2018 bottoms - Cycle II (black) Primary 1 (blue) Sequence - Impulse Break-out and confirmation of a bullish sequence. Primary 2 (blue) Structure - Correction Descending Channel unfolding within a complex Triple Three sequence. Next expected swing Bullish Impulse, with a rally in the 3 of 3's, of a Primary degree. Levels in focus: $7800 & $5550. Dominant Trend Bullish Impulse (Rally) presenting an Extension towards $35K and then beyond. Structure Change Primary 2 (blue) invalidation is at $3122.28.
BITSTAMP:BTCUSDLong
by Lionheart-EWA
4
UPDATE: Bitcoin target still on the way to $36,300On 22 June 2023, we sent out a buy signal on Bitcoin. This was when it broke above the Falling Wedge... The momentum was strong and so was the promising move. We got in but hasd NO idea it would be such a long hold. Unfortunately, the daily interest costs added up and the entry price went higher and higher. But we held on regardless... The loss was quite large in September, and it seemed like the market was going to break down. But as patient traders, we held. Right now it's nicely in the money and I'm still holding. And from my experience anything can change. The market can driop just as much or it can rally to the target. It still hasn't hit the target, but seeing a new rounding Bottom form - Helps show more confirmation of upside to come. It's been a long and rough ride but so far very worth it...
OANDA:BTCUSDLong
by Timonrosso
#BTC 🟢 M15 LONG (Bitcoin). Long awaited failure 📣For more than one week, Sellers have been gaining selling positions... Although they haven't reached the main selling zone 32k. But there was an impressive sale .. and at the same time, grandiose discounts for 26.2K, who didn’t have time - he didn’t have time) On the retest of the M15 imbalance near our D1 Buy Zone, we expect a hike up and a breakout of the long-awaited level of 31K. Entry price below market opening price.(✔️) M15 imbalance at the potential of the D1 range.(✔️) Below the First Buyer of Exchange Options.(✔️) According to CFTC futures reports, SHORTS prevail so far. 12851/14261 .(⚠️) input: 26560 (on test/retest) sl: 26223 tp1: 26898 tp2: 27566
BITSTAMP:BTCUSDLong
by TrEKone
#BTC 🟢 M15 Buy (Bitcoin). ImbalanceI planned to open buy positions near the lower border of the H1 range (30K). But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market. The price was below the market opening. (✔️) The price was below the level of the First Buyer of exchange options. (✔️) The price was at the lower boundary of the H1 range. (✔️) M15 imbalance. (✔️) Second target above H1 range (⚠️) input: 30435 (input on imbalance test) stop: 30175 tp-1: 30697 tp-2: 31221
BITSTAMP:BTCUSDLong
by TrEKone
1
BTCUSDT likely to head up for 29236 levelThis is a long shot long idea but like the last time this one is also worth trying. The price is not near the entry point but I will add a third a bit lower from here, a third on entry level and a third down from entry if the price dips and long still seems favorable. The target for this trade is 29236. The price may have pullbacks on the way at 27300, 28150, 28936. We will monitor those levels and take partial profit or come out of the trade accordingly.
Long
by angela_altair
THE LAST DROP OF BITCOINHello traders, Bitcoin is going to be drop one more time before run and create a new high from my perspective this is the best and maybe the last opportunity, price can drop from around 32k to 48k now the current market price is around 28k so probably it can hit 32k in coming days. Bitcoin is currently rising but in my view there is one more drop is coming it will take time a lot of time but after that bitcoin will be going to create a new high. I am waiting for bitcoin to drop and buy from the low price as much as possible, i mentioned area with box in the chart that is the potential area for buy bitcoin but right now bitcoin is for short term of time is bullish and i am not interested in that short term. watch and wait bitcoin to drop and look for a long position opportunity for a long-term period of time in the area that i mentioned. The area that i mentioned in the chart for a buy bitcoin is around 18k to 5k i will be looking for a buy bitcoin in between these two prices, i know that the distance between both prices is so long but i will update you later with the new idea if price drop and enter in the mentioned area. This is the analysis and my view about bitcoin. This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong because i will learned from it and come back stronger. Trading is like marathon race, its a long run game. I wish you good luck and good trading.
Long
by TheLoserMan
Very Strong Buy Indicator for BitcoinBitcoin seems very bullish today especially if the 1 day candle will close with a big green candle and small wicks. 1. We can see that the bitcoin price breaks out from its falling wedge in 4 hour timeframe. (Some will see the pattern as a descending triangle.) 2. The price crosses upward in the 200 SMA in the 1 hour timeframe. As long as it stays there, we are bullish. 3. DMI looks very bullish but we can see small pullbacks later on this day. As long as the ADX has positive slope its fine and the ADX has not been on above 50 level yet. I'm looking forward for reversal of the bitcoin price but we still need more confirmation. I'm looking to hold my trade for a long time.
Long
by UnknownUnicorn13326052
2
Bitcoin Buy on 1 Hour TimeframeHere are the list of why I'm buying based on 1 hour timeframe: 1. +Di is above the ADX and -DI. 2. As of now, we can see that the -DI will go below ADX which is very bullish indicator. 3. The slope of ADX also counts. The slope of ADX is preparing to go higher. 4. The 25 SMA and 100 SMA will cross. It is very short term and the trend can quickly reversed because it's only 1 hour chart. the trade will last for 1-3 days. My take profit indicator is when my +DI go below the ADX just like on my previous trade. (see link to related ideas)
Long
by UnknownUnicorn13326052
9