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Bitcoinsignalstrategy

Bitcoin (BTC/XBT) Daily Long&Short Trade Setups 2021/02/17Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out! If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below! And don’t forget to check out my daily analysis on Ethereum! Market Overview Price Action: Bitcoin broke out above $50K. With Microstrategy's announcement of a further $600M+ Bitcoin purchase, this breakout appears fundamentally sustainable. Patterns: N/A Areas of Interest: The area(s) of interest for me are the S&R flip @ $50.7K and the 200MAs @ $49-49.3K. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time. Trade Setups Below are the potential trade setups that I would be interested in trading: Long Trade Setup #1: Retest and Continuation (S&R Flip) 1. Price Action: Price needs to move back down to the S&R flip @ $50.7K and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, Above average volume, MACD bottoming Long Trade Setup #2: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $49-49.3K by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming My Recent Trades 2021/ 02/012:I had a losing trade. I entered into a long @ $47,810, SL @ $46,647, and trade hit stop loss. 2021/ 02/04: I had a winning trade! I entered long @ $$36,819.0, SL @ $$36,528.0, price reached a high of $37,783.8, giving a risk reward ratio of 3.3:1. 2021/ 01 /31: I had a winning trade! I entered long @ $33654 SL @ $33292, price reached a high of $34220, giving a risk reward ratio of 1.6:1. About Me I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016. I have worked on Wall Street trading bonds, stocks, and options. I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward. Why Follow Me Daily analysis on the latest market movements and price zones for high probability trade setups. Sharing of live trades that I take. A great place to help each other, learn from each other, and grow together. Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials Constantly testing and adding new trading strategies and refining battle-tested ones. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
by cryptotraderog
4
Let's Go Bitcoin, Let's See That Entry!NOTE: ✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 SUMMARY: Just got a confirmed long entry on Bitcoin (BTC). Let's go! We have mapped out a bunch of potential support and resistance levels. --- STRATEGY USED: Momentum Mover Trend Confirmation = Fractal Trend Entry Signal = Breakaway Scalper Exit Signal = Breakaway Scalper OR Orderblock Mapping --- DESCRIPTION: 1. Fractal Trend is showing an uptrend (Green background color) on BTC on the 4 hour chart. 2. We are waiting for this candle to close to confirm the uptrend via Fractal Trend. 3. We just got a long entry from Breakaway Scalper (Green bar color) on the last candle. 4. Will take that long position if the Fractal Trend closes bullish (Green background color) and Breakaway Scalper is still confirmed long (Green bar color). 5. Using Breakaway Scalpers built in trialing stop loss(Yellow line) to help reduce potential drawdown and lock in gains. 6. Looking at the R1 - R3 bearish order blocks for potential resistance and as take profit targets. Will assess more if we achieve those levels with this move. 7. Looking at the S1 - S5 bullish orderblocks for support if we go lower. 8. Trade will be exited if the bar and/or background color closes not Green since those are both bearish/neutral signals. The other trade exit ability is if the trialing stop (Yellow line) is hit, that would be a full closure of our position.
BITMEX:BTCUSD.P
by AlphaBotSystem
Let's Flip a Bitcoin: Humpty Dumpty.Right now, Bitcoin is sitting on a ledge and it could go either way. There are both bullish and bearish signals active across the time frames. This one to me seems most relevant as it is inter-day, and falls during the closure of the CME due it being the weekend. Often we see unusual behavior over the weekends, so I've gone ahead and drawn up a conditional circumstance for you. Whichever way it breaks is how i'll be trading this formation and it'll most certainly be quite the violent response. Front running this formation is highly dangerous, because if it goes against you, you will be incredibly devastated. The targets of this trade activation are quite severe and large, $3000 + or -. Enjoy your profits! As always, this is ThaKrew, Krew Montice, Prestige Signals Analyst.
CME:BTC1!
by Krewbacca_xR
Let's Flip a Bitcoin Issue #2.5 Extended PlayContract: XBTUSD Exchange: BitMex Trade Tag: #LFBTC0001 Trade Signal: Bearish Pennant _________________ Trade Type: (Short) Trade #1 single 4-hour time frame UTC -8 Scheduled execution: 8:00 AM _________________ * Capital: 1-5% * Leverage: Cross * Open: ($8,550) _________________ Single Bid _________________ Stop Loss: $8590 _________________ Target Points: _________________ TP 1||$8,000 - (50%) TP 2||$7950 - (10%) TP 3||$7900- (15%) TP 4||$7850 - (20%) TP 5||$7800- (5%) Risk Assessment: low _________________ L.F.B.T.C TM
BITFINEX:BTCUSDShort
by Krewbacca_xR
4
Bitcoin - This is an important update!Bitcoin was able to post an important up move that generated the first higher high in a small timeframe in a while. Bitcoin still has a long way to go and some obstacles to overcome in multiple timeframes for us to say that we are headed up. Let's go over the battles that BTC must fight. First, A while back on Aug 22, I showed you that when price crosses down below the 200MA on the 12H it tends to stay under for months. BTC did crossed down the 200MA on the 12H just five days after my warning on the 27th. Check out the link to that post below. As you can see the meltdown is not in one shot, it goes under and then above and under... Until it completely melts down for months. Second, The green trendline on the 12H has now become resistance, that green line represents major resistance, it actually is the secondary trendline. BTC needs a lot of strength to be able to penetrate and stay above this line, so far it has stopped right on that line. In this timeframe in order for BTC to post a higher high we need to go over the channel line (faded red downtrend line) and around 12K, and that will not be easy. So far in this timeframe, we are still going downhill. Third, In the 3D, we need to go above the pink trendline and the 10MA which is currently zapping the price. To post a higher high we need to go to 12.5 or higher which may not be easy. In other words, we are still headed downhill until we go over and above the obstacles covered here.
Long
by cryptoGats
1
Bitcoin - What are we waiting for? When to jump in? What are we waiting for? Simply put, for it to go a little lower but as stated in the previous post, start setting up your Altcoins Buy Orders. There are a few death crosses forming in the lower timeframes (2 hour and 3 hour) which will nudge BTC further down. A Death Cross is when the 50MA (50 moving average) crosses down the 200ma (200 Moving Average) in any timeframe but the higher the timeframe 1D (one day) 1 week, 1 Month... The more important it has and the bigger the effect. Remember that these are just indicators and not predictors, someone can easily step in and buy a ton of BTC making it spike up, but where they buy is actually highly predictable. This usually happens in areas of high confluence (where a lot of good support meets.) Which is what we have in the 9,800- 10K area. When to jump in? You can jump in and buy BTC once it goes around the $9800 area. I personally will buy other coins when this happens. However I don't buy coins with a low market cap or coins with weak projects or teams behind them, I buy solid proven coins like LTC, ETH, BNB... They haven't made me rich but they have doubled my money every few months (which will make me rich). Particularly LTC is looking to go to the $200.00 area soon so the lower it goes (And it is already very low) the better the payout. I will start buying it once it hits the $68.00 area all the way down to the $62.00 area. I will hold for a swing trade until it gets close to $200.00 and sell it. All of this is, of course, a strategy for paper trading. Don't forget to follow me for multiple updates every day.
Long
by cryptoGats
5
EURUSD DAY DOUBLE CHOCOLATE TRADESI am using the double bollinger band strategy and the Bitcoin-signal strategy to give us a double chocolate confirmation. Watch where the day closes on the double bollinger band If the day candle closes below the bollinger yellow deviation 1 band then there can be a bearish pullback to the center bollinger 20 ma band. If price falls then it will cross below the atr band sell stop of the bitcoin-signal strategy This trade may go into the beginning of next week
Short
by Tradingstrategyguides