Get started

Bitcoindollar

BTCUSD Update: Profit=340900 SL=78800 Reward/Risk > 4.3:1 Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 111758 pip Closed trade(s): 38558 pip Profit Open trade(s): 73200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 : Closed Profit: TP1 @ 11420.0 touched at 2020.08.01 with 5279 pip Profit. TP2 @ 11700.0 touched at 2020.08.01 with 33279 pip Profit. 5279 + 33279 = 38558 Open Profit: Profit for one trade is 11611.21(current price) - 11367.21(open price) = 24400 pip 3 trade(s) still open, therefore total profit for open trade(s) is 24400 x 3 = 73200 pip Break Even 11223.00 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 69. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (11420.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP2= @ 11700.0 TP3= @ 11985.0 TP4= @ 12334.0 TP5= @ 13070.0 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:BTCUSDLong
by ForecastCity
12
BTCUSD Update: Profit=340900 SL=78800 Reward/Risk > 4.3:1 Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 111758 pip Closed trade(s): 38558 pip Profit Open trade(s): 73200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 : Closed Profit: TP1 @ 11420.0 touched at 2020.08.01 with 5279 pip Profit. TP2 @ 11700.0 touched at 2020.08.01 with 33279 pip Profit. 5279 + 33279 = 38558 Open Profit: Profit for one trade is 11611.21(current price) - 11367.21(open price) = 24400 pip 3 trade(s) still open, therefore total profit for open trade(s) is 24400 x 3 = 73200 pip Break Even 0.658 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 69. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (11420.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP2= @ 11700.0 TP3= @ 11985.0 TP4= @ 12334.0 TP5= @ 13070.0 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:BTCUSDLong
by ForecastCity
21
BTC/USD: Bound for a Small Correction 4H (Aug.01)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we analyze Bitcoin's 4H chart, and assess its technicals to determine its bullish and bearish probabilities. Bullish Evidence - To begin with, Bitcoin's prices are currently trading way above significant support zones - It has managed to test and bounce off of the 10.5k support, which confirms that the trend is indeed bullish - Prices are trading above the Exponential Moving Average (EMA) Ribbon, and the Ichimoku Cloud support Bearish Evidence - However, there is a clear bearish divergence, with higher highs on the price and lower highs on the RSI - While the Moving Average Convergence Divergence (MACD) shows potentiality for a golden cross, the trend lacks momentum for confirmation - The Stochastic Oscillator is also showing signs of a potential corrective trend Market Sentiment: The long short ratio is at 71 to 29, with significantly more long positions than shorts, indicating strong signs of bullish sentiment in the market. What We Believe While there are signs of a potential correction, the fact that we have managed to secure the 10.5k support indicates extreme bullishness. It's also important to note that bullish divergences formed during strong uptrends have historically played out to a minimal degree, as Bitcoin continued to rally upwards after a very small correction. Let us know what you think in the comment section below Trade Safe.
BITSTAMP:BTCUSDLong
by XForceGlobal
8
Bitcoin: The Untold Truth about Technical Analysis (Aug. 01)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we not only explore Bitcoin's 4H chart (on the far right), but also share an important fact about Technical Analysis that most people overlook. Analysis - In the past, we have seen Bitcoin form bearish divergences on the 4H and daily charts. - A textbook bearish divergence is when prices form higher highs, while indicators (such as the Relative Strength Index) form lower highs, showing a diverging pattern - While this is typically a sign of a bearish reversal, that is not always the case - Trading based on technical analysis is all about understanding probabilities. Not many people understand that certainties in the market don't exist. - When a bearish divergence is formed, it merely means that a bearish reversal is "highly probable". - As such, it's important to understand an asset's past price history in order to have a better understanding of the probable outcomes of the market - For instance, through two proven cases, it has been identified that bearish divergences that are formed during strong bull markets can be negated easily - The divergence plays out only to a minimal degree (or does not play out at all), as Bitcoin continues its rally Market Sentiment: Long short ratios are at 70 to 30, with increased long positions in the market. As support held, bulls have regained their confidence in the market. What We Believe Again, trading based on technical analysis is all about understanding probabilities. While a bearish trend reversal is probable during normal bearish divergence formations, historical data has proven that bearish divergences formed during strong uptrends tend to have minimal effect on the market, and if anything, become good points of entry for dollar cost averaging in order to maximize one's position. We expect Bitcoin to rally further to new highs for this year. Let us know what you think in the comment section below Trade Safe.
BITSTAMP:BTCUSDLong
by XForceGlobal
4
BTCUSD Update: Profit=622900 SL=94000 Reward/Risk > 6.6:1Trade Setup summary: Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400) Stop Loss =94000 pip Reward/Risk > 6.6 : 1 Current Status: Total Profit: 272400 pip Closed trade(s): 272400 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 9285.00 touched at 2020.07.21 with 7300 pip Profit. TP2 @ 9384.00 touched at 2020.07.21 with 17200 pip Profit. TP3 @ 9475.00 touched at 2020.07.22 with 26300 pip Profit. TP4 @ 9712.00 touched at 2020.07.25 with 50000 pip Profit. TP5 @ 9900.00 touched at 2020.07.26 with 68800 pip Profit. TP6 @ 10240.0 touched at 2020.07.26 with 102800 pip Profit. 7300 + 17200 + 26300 + 50000 + 68800 + 102800 = 272400 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 65. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (10856.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP1= @ 11420.0 TP2= @ 11700.0 TP3= @ 11985.0 TP4= @ 12334.0 TP5= @ 13070.0 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:BTCUSDLong
by ForecastCity
11
BTCUSD Update: Profit=622900 SL=94000 Reward/Risk > 6.6:1 Trade Setup summary: Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400) Stop Loss =94000 pip Reward/Risk > 6.6 : 1 Current Status: Total Profit: 272400 pip Closed trade(s): 272400 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 9285.00 touched at 2020.07.21 with 7300 pip Profit. TP2 @ 9384.00 touched at 2020.07.21 with 17200 pip Profit. TP3 @ 9475.00 touched at 2020.07.22 with 26300 pip Profit. TP4 @ 9712.00 touched at 2020.07.25 with 50000 pip Profit. TP5 @ 9900.00 touched at 2020.07.26 with 68800 pip Profit. TP6 @ 10240.0 touched at 2020.07.26 with 102800 pip Profit. 7300 + 17200 + 26300 + 50000 + 68800 + 102800 = 272400 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 65. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (10856.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP1= @ 11420.0 TP2= @ 11700.0 TP3= @ 11985.0 TP4= @ 12334.0 TP5= @ 13070.0 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:BTCUSDLong
by ForecastCity
23
VISÃO BTC - BITCOIN CURTO E MÉDIO PRAZOBTC ROMPEU LTB DE LONGO PRAZO E TUDO INDICA QUE COMPLETOU A CORREÇÃO NO FUNDO DESTE ANO NOS 3.8K. PELA MINHA COTANGEM DE ELLIOT CONSIDERANDO ESTE MOVIMENTO DE 2020 APÓS O CRASH COMO ONDA 1, TEMOS ESTAVAMOS NA ONDA 5 COM PREJÇÃO DE ATINGIRMOS A REGIÃO DOS 12K ANTES DE UMA CORREÇÃO DE TODO O MOVIMENTO. VEJO AGORA A CURTO PRAZO UMA CORREÇÃO ATÉ A CASA DOS 10.4K PARA RETESTE NA ANTIGA RESISTÊNCIA E SE CONFIRMAR A ÚLTIMA ONDA NA CASA DOS 12K. APÓS ACREDITO QUE IREMOS FAZER UMA CORREÇÃO DE TODO O MOVIMENTO, CONSIDERANDO UMA ONDA 1, TEMOS UMA GRANDE PROBABILIDADE DE CORRIGIR ATÉ A RETRAÇÃO DE .618 QUE SERIA NA FAIXA DOS 7K. APÓS TERÍAMOS A ONDA 3 QUE PROVAVELMENTE COMEÇARIA NO FINAL DESTE ANO E NOS LEVARÍAMOS A PATAMARES SUPERIORES AO TOPO HISTÓRICO. QUEM CONCORDA DEIXA UM LIKE.
by gumborges
BTC/USD: Bullish Weekly Technicals 1W (Jul. 28)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we analyze Bitcoin's weekly chart in order to look for confirmations of a bullish rally that could potentially push prices back to test all time high levels. Analysis - To begin with, it's absolutely critical that traders realize Bitcoin has broken out of a descending trend line resistance that has prevented Bitcoin from creating higher highs since late 2017. - After close to three years of consolidation, Bitcoin has finally broken out of the symmetrical triangle pattern - Another huge bullish pattern we have spotted is the reverse head and shoulders continuation pattern - After a rally from 3.1k to 14k, Bitcoin has formed a reverse head and shoulders pattern, and recently finished its formation of the right shoulder - The descending trend line resistance marked in orange acted as the neckline of the bullish continuation pattern - However, we still face strong resistance at 11.4k at previous historical resistance levels - A break and close above 11.4k on the weekly would provide further confirmation for a bullish rally - Counting Elliott Waves, it could be said that Bitcoin is currently in the middle of an impulse wave which has finished its second wave. - The Relative Strength Index (RSI) shows tremendous bullish strength, but hasn't yet reached the descending trend line resistance nor overbought territories - The Moving Average Convergence Divergence (MACD) also continues to show increasing bullish histograms as a sign of momentum. Market Sentiment: Long short ratios are at 66 to 34. While long positions have decreased with people taking profits from their positions, the market sentiment still remains dominantly bullish. What We Believe We believe that while a bullish rally lies ahead for Bitcoin on the long term, it is important to keep looking for confirmations of trend continuations leading up to new highs. Let us know what you think in the comment section below Trade Safe.
BITSTAMP:BTCUSDLong
by XForceGlobal
10
BTC/USD: Advanced Elliott Wave Analysis 1D (Jul. 28)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we analyze Bitcoin's daily chart through Elliott Wave theories. Bullish Evidence - Before a breakout taking place, Bitcoin had been consolidating in a descending wedge pattern - Using Elliott Wave counts, this was a Triple Combo Wave (WXYXZ), also known as a triple three - After breakout out, Bitcoin started its bullish rally in Impulse Wave counts (12345) - As the bullish momentum has decreased, it seems as though wave 3 has played out, as Bitcoin gets ready for a corrective wave - Based on Fibonacci retracement levels, a retrace to the 0.382 Fibonacci support at 10.5k is probable before the final impulse wave up to the 1.618 Fibonacci resistance near 12k. - All technicals currently demonstrate that Bitcoin is overbought - The Relative Strength Index (RSI) remains at overbought territories - The Stochastic oscillator also shows that Bitcoin is overbought - Prices have skyrocketed through the upper Bollinger band. Market Sentiment: Long short ratios are at 66 to 34, still with significantly more longs than shorts. While the market looks for a small correction, the overall market sentiment remains bullish. What We Believe We believe that a corrective wave will be in play very soon, as many technical indicators point towards Bitcoin being overbought. However, at the same time, there is a high probability of another impulse wave playing out, leading to test 12k regions. Let us know what you think in the comment section below Trade Safe.
BITSTAMP:BTCUSD
by XForceGlobal
3
BTC/USD: Identifying Key Areas of Interest 1H (Jul. 28)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ Bitcoin has shown an immense rally, leading up to test 11.4k at a glance. In this analysis, we take a look at Bitcoin's hourly chart to assess key areas of support and resistance. Analysis - We have seen Bitcoin form an Elliott Impulse wave (12345) on its way up, forming a parabolic trend - Prices are trading above major indicators of support: the 20 Simple Moving Average (SMA), 50 SMA, and the Ichimoku Cloud - After having topped out at 11.4k levels, prices are trading between the 0.786 Fibonacci resistance and 0.382 support at 11.3k and 11k - The Moving Average Convergence Divergence (MACD) shows decreasing bullish histograms, and a potential dead cross in play Market Sentiment: Long short ratios are at 67 to 33, with long positions having decreased over the past few hours. After its bullish rally, it seems as though traders have taken profits on their long positions. Regardless, the market sentiment remains bullish. What We Believe We believe that it's imperative to identify the key areas of support and resistance stated above for further confirmations of potential trend reversals. For the immediate term, it seems as though Bitcoin's bullish momentum may have topped off. Let us know what you think in the comment section below Trade Safe.
BITSTAMP:BTCUSD
by XForceGlobal
2
BTC/USD: Testing the Make or Break Point 15m (Jul. 27)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Bitcoin's 15 minute chart, and its bullish probabilities suggested by technical evidence. Analysis - Similar to Ethereum, which is currently leading the market, Bitcoin has started to trade within a steep ascending parallel channel - Bitcoin has undergone a phase of consolidation within a descending wedge, breaking out to test new highs - It is currently consolidating within an ascending wedge. - While this may be worrying, we have recently seen several cases in which the ascending wedge patterns (both bullish and bearish) get negated - Counting Elliott Waves, we can see that Bitcoin is currently forming Elliott Impulse Waves (12345), potentially leading up to 10.5k regions at the 2.618 Fibonacci retracement resistance - We are also trading above the 50 Simple Moving Average (SMA) which is a strong sign of support for this bullish trend. Market Sentiment: Long short ratios are at 73 to 27, with significantly more long positions than shorts, reflecting the bullish market sentiment. What We Believe We believe that a test of 10.5k for the immediate term is highly probable. However, it would be important to wait for further confirmations at significant resistance levels, in order to determine Bitcoin's next measured move. Let us know what you think in the comment section below Trade Safe.
BITSTAMP:BTCUSDLong
by XForceGlobal
2
Bitcoin: Advanced Elliott Wave Analysis 1D (Jul. 27)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we'll be analyzing Bitcoin's daily chart using Elliott waves, weighing out the bullish probabilities. Analysis - To begin with, we can spot an Elliott Impulse Wave (12345) count at 5k levels. - Within the first intermediate impulse wave marked in orange, we can spot another small minor impulse wave in green - Leading up to local top levels, the impulse wave ends where the Elliott Triangle Wave (ABCDE) count beings - Bitcoin consolidates within a rather inconsistent symmetrical triangle - And within the triangle, it consolidates once more in a wedge formation as it completes wave E - After completing wave E, it breaks out of the pattern, creating new impulse wave counts - On the minor scale (green) , we are currently at impulse wave 3, within the first wave of the intermediate wave count (orange) - The first minor impulse wave played out to the 0.382 Fibonacci resistance - With sufficient momentum, we could expect the minor impulse wave to end around the 1.618 Fibonacci resistance at 11.4k Market Sentiment: Long short ratios are at 74 to 26, with significantly more long positions than short positions, reflecting the extremely bullish sentiment and trend. What We Believe We believe that while Bitcoin has made a huge comeback after weeks of consolidation, there is still more upside from the perspective of Elliott waves. Let us know what you think in the comment section below Trade Safe.
BITSTAMP:BTCUSDLong
by XForceGlobal
3
Bitcoin Attacks Resistance. (BTC)After a lot of compression of sideways range the past couple of days we have had a nice move to the upside resulting in the custom candles to shoot green and the ema dots to shift green. Now we attack the 10k Resistance level. I believe 10.5k is the magic number that you will want to play for the upside if you missed the transition. We do have the halvening on our side and if history repeats we should be in the new cycle for a big move. We can't jump the guy, need to wait for the breakout for a strong confirmation.
BITSTAMP:BTCUSD
by UnknownUnicorn2319099
6
Crypto Untapped Educational Series EP. 2: Drawing S/R LevelsIn today's episode, we review support and resistance as levels. We explain why price action moves the way it does via buyers and sellers and how to enter/exit based off liquidity in the markets. Enjoy! DISCLAIMER: Investing into cryptocurrency comes with inherent risk including technical risk, human error, platform failure and more. Invest at your own risk. None of our content is to be construed as financial advice, we are a cryptocurrency education platform.
COINBASE:BTCUSDEducation
by cryptountappedyct