$10,500 OR BIG SLASH? MUST READ! The current zone is very important,
if the price fixed the 9550 area and bounce to the 9600 area then
we can expect to see a retracement in the 10400 area but if the price does otherwise then we should expect
the big dump.
In my opinion the got a rejected from
the bottom which can give us the big spike and let's not forget things get nasty every weekend.
However the way am currently playing these move is right on my private group, am a max leverage trader and I have develop a system to kick off Liquadations if we get 100 likes on these am going sharey system right here!
Bitmex
Bitcoin Cash Found Support (Early Signals)Has Bitcoin Cash (BCHBTC) found support?
Right now we have a very steep descending channel in which BCHBTC remains... But this can easily change.
A strong bullish divergence can be spotted with the MACD, signaling that this trend is potentially coming to an end.
Trading volume is really low and BCHBTC recently hit a new low.
On top of the divergence with the MACD, there is also short-term bullish divergence with the RSI.
This setup is good to trade with a tight stop-loss at the last low... Very simple, low risk and high potential rewards.
This is not financial advice.
Namaste.
Cardano Looking Bullish (We Are Active 8X Lev.)Cardano (ADAM20) set its low a while back and has been moving bullish recently... The chart above is what we have!
Right now a retrace taking place.
Prices can bounce here on a higher low or there can be more retrace depending on how EMA50 is handled.
Additional details are marked on the chart.
We are active with an 8X LONG leveraged trade.
If you would like to see the full details make sure to hit LIKE.
If we get 100 likes we will the full trade (Buy-in, targets, stop-loss, etc.).
Thanks a lot for your support.
Namaste.
Bitcoin 8X Lev. Trade W/ Over 290% Potential ProfitsHere we are SHORT now with XBTUSD (Bitcoin) and we are going on 8X... Let's have a quick description of the above setup.
1) First, we have the higher low which we mentioned in previous articles.
2) Prices are now trading below EMA10 and we have decreasing trading volume, going lower and lower.
3) A recent rejection of prices while they tried to move and close above EMA10.
4) We are seeing long wicks pointing down.
These signals are telling us of a possible drop.
We also have the moving average lines moving below XBTUSD, prices tend to gravitate towards these lines.
We are active on this setup with 8X lev.
The total potential profits sit at 290%.
If you would like to see the full trade details (buy-in, targets, stop-loss, Liq. price, + additional information), make sure to hit LIKE. We will share the full trade at 200 likes.
Thanks a lot for your continued support.
Feel free to leave a comment if you have any questions.
This is not financial advice. Always build a plan if you decide to trade.
Namaste.
Bitcoin Aiming Lower, Next Move MappedHere I've mapped the Bitcoin (XBTUSD) chart for you.
First, notice the trendlines...
We have a lower high.
EMA10 being challenged as support.
Indicators trending down.
Bounce completed.
This setup can easily lead to lower prices.
Make sure to have a plan if you decide to trade.
This is not financial advice.
Namaste.
Global economic crisis and bitcoin.We all know that Bitcoin is a high-risk asset.
Whether we like it or not, we are already in a global economic crisis, and perhaps a global recession awaits us. It is foolish to assume that Bitcoin will take on new heights during the crisis.
All investors know that during a crisis, the best asset is cash because after a fall it will be possible to buy shares of companies at very attractive prices. The same goes for bitcoin. Now, many bitcoin whales go out in cash (usdt, usdc, busd) to buy an asset at low prices, therefore, this amount of USDT is printed.
In my opinion, we expect another strong drop to 1200-1900 dollars for bitcoin. Wait and see, be careful.
Overview of the situation on Ethereum in the medium termAt the moment, the bearish wedge pattern is being formed on the 4-hour and 1-day timeframes (marked on the chart). I expect that the bears will be able to keep the price below the resistance level of 193.40-203.20$ and the correction will continue. I will look for an entry to the short based on what I have said, but it is also worth taking into account the local situation.
Bitcoin faces a possible pattern that will reverse the uptrend.Bitcoin price has been on the rise in a parallel channel since the last sharp fall.
As long as Bitcoin doesn't go under this channel, it would not make sense to talk about a bear market.
But there is a problem. Market left the clue of a downward parallel channel. In addition, there is a possible diamond pattern above. If the downward parallel channel is formed, the diamond pattern will work; may cause the trend to reverse. If this pattern works, bitcoin could drop towards 6800 levels.
BITCOIN Hope Arrows in Current Candle is Clear 4 the LongVery happy to present the simple idea that caught on my eyes.
This is represented using the simple ARROWs .
The underlying script i have used for this Analysis is "LongBuyLongSell" Indicator.
You can refer this in my script page ,if you wish to take a look at it.
Ok Coming to the Arrows and it is simplicity .wherever the price flatten then moved and down that i have marked by the arrow.
Now in the current candle i see the Price trying to move up . Who knows may be 500 point move . Let us wait and see.
BTC Elliot Wave counting is 20k possible again ?Dear Friends
Here i came back
Hidden Treasure HT here
sorry for being away all these days as i was busy with something else
i hope that you are doing fine specially that world passing threw bad moments , many people passed away due to COVID-19
please stay home and stay safe
ok here im gonna talk about btc and what is the status of EW structure
the photo above describe all moves
in my opinion we gonna see huge run after a small correction which is wave II before picking up again toward 14k >> 20k
the correction as per the chart gonna be between 7500/6800 areas
where we should start accumulating this golden coin
here im gonna distribute my capital with good R/R
leverage trade : (x3)
7500 >> 30%
7250 >> 20%
7000 >> 30%
and keep 20% without any contracts just let it be in market (BTC) without leverage
and stop loss would be at 6800 if day close below it !! ( if it goes down below it wait the retest then Stop loss manually )
this chart showing a weekly time frame zone and this investment mid to long term
please trade what you afford to lose
trade at your own risk this is not financial advise , here im showing my vision and willing to trade it myself
im trading at bybit if you are interested to join me please use my referral code here :
8YKkg
BITCOIN CASH / BCHM20 / BitmexBCHM20 looking its hitting a good pivot point, good opportunity for a long with a tight stop loss.
BTCUSD Bitcoin Chart Analysis May 12th
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 12th .
This is a 30-minute chart created yesterday.
Stay focused on the blue path,
Did not BreakAway from the parallel line support.
It was a sideway finish.
Daily candle chart.
After yesterday's move,
Additional candles were created at the Bolingerbands center line.
I was thinking,
All the uneasy sections were resolved,
I brought a Trading strategy focusing on this.
30 minute chart / One way long position strategy.
The content is not difficult,
I'll finish without further explanation.
good luck.
Bouncing around the 61.8 before another move to the upside.After a 17% drop over the weekend we now are back in a nice consolidation zone.
this level is right on our 61.8 fib level,
it also lines up with previous structure before we seen a move to 10k.
Short term we may head down and test the trend. IMO it wont break that overall trend and we will see another move up.
I am seeing a lot of these candles in this zone which have wicks to the downside.
That indicates buying pressure. I will be looking for longs off the trend.
Trend bias still telling us we are bearing for the minute
XBT/BTC 4hr