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Polkadot DOT/BTCDots had a solid run over the last month, i only traded this on spot and was happy to ride the waves, how ever im feeling a possible retracement coming at the moment. We have hit a level of resistance and after the run we have had and the 3 impulsive moves, I would be expecting a descent market correction over the next few weeks. Bull case is a sharp and short term pull back met with a continuation of this current momentum, breaking the level of resistance and pushing higher for a new target. Bear case is either a much deeper retracement or we double top at resistance and head back down to the EQ level between the 50-618 retracement of the entire run. I would still consider that to be some what heathy market structure but not something I will hold onto. Basically for this position im watching closely on this short term pull back, if there is a lot of selling i may take my profits early and let it cool down, if the selling is minimal and the pull back is slow, then ill hold my position and watch closely at a potential double top.
by DeNomics
BNB looking solidBNB much like Ethereum had a huge pennant play out on the higher time frames against bitcoin which broke out over the last few weeks with descent conviction despite relatively low volume. Market is having a little cool off but respecting a equilibrium level at the moment how not ruling out a sharper pull back to around the 382 fib line. If the trend stays in tact and can break the current high then looking at the supply block for another descent market correction on BNB
Long
by DeNomics
Bitcoin short term tradeLooking for a short term trade on BTC to see if its going to respect this current trend. Invalidated if it breaks and Ill continue to ride the short lower but using subaccounts on FTX im abale to take advantage of a short term long opportunity for now Looking to use limit orders to pick up a position a little lower on trend and then ride up and manage through previous resistance, but i feel if this trend stays respected then we could be heading into the new range of 50-60k offering a much higher RR on this trade.
FTX:BTCPERPLong
by DeNomics
2
Bitcoin could be ready to moveWe have had a solid rally in BTC over the past month when it comes to price action but the main thing im weary of is the lack of volume. This can be a classic retracement from the original drop back in May as we have had some seller exhaustion as the bulls took back over the game temporarily. The price action could simply be a case of low liquidity, generally if there isnt a lot of volume or liquidity we will have higher volatility which is exactly what we have seen and now Bitcoin is sitting and a short term Supply block which is also the over head resistance from the range between 50 and 62k from earlier this year (Think darvas box theory). Bear case is this resistance is strong and it was just a retracement from the original bearish trend and we either have a significant market correction back to the previous range high around 40-42k or worse case break that level and retest that 30k support possibly becoming range bound again and seeing a lot of alt coins bleed in sat value from uncertainty. Bull case would see us chomp through this supply block and head back into the 50-62k range which could be a great bullish sign and confidence for people to get hungry again. We have also seen the 50/100/200 daily ema all cross and align in a bullish trend which could give more confidence to the bulls (although these can just as easily cross back over so dont put the house on it) For now im playing it safe as I'm already long and have hedged into a short position now waiting for the reaction at this level. If we fail to break through ill leave the short open and look to manage position around 42k and re asses if we are going to drop low into the 30k range again. If we break through this supply block invalidating my short ill close out and take the hit and continue to ride the long into the 50/60k range and re asses then.
BITSTAMP:BTCUSD
by DeNomics
2
SOLANA on the breakLove trading this coin as it often has solid trends and good price action that often offers high Risk to Reward for my trading style. A lot of the ALTS have been breaking out of consolidating ranges with Bitcoin over the last few weeks and Sol more recently had a break out from this bearish structure to now form solid Higher Highs on the daily. Im trading this on spot at the moment with a healthy position back in that consolidation wedge but looking to take another entry on the perp contract if we have a descent pull back over the next few days to run price up to previous highs.
FTX:SOLPERPLong
by DeNomics
2
BTC SHIFT TO BULLISH BIAS TO BE CONFIRMED ON NEXT LEG UP TO $51kUpdate on my previous idea - see Link to Related Ideas below. As predicted BTC has had a strong impulsive upward move to $42k region followed by a healthy retracement which did break market structure which posed some concern. However (1) restrained selling volume together with the (2) extreme steepness of the impulsive moves upward trend line and (3) the RSI showing evidence of a resistance / support flip bet much diminishes this concern. A new local low seems to be in place and we can now expect the next upward movement to commence. Next Targeted Price Level approximately $51,000 . Have fun ladies & gentlemen and enjoy the ride... philtime (NB: THE BEST LOSER WINS - MANAGE YOUR RISK AND ALWAYS MAKE CAPITAL PRESERVATION YOUR PRIORITY OVER AND ABOVE PROFITS)
BITMEX:BTCUSD.PLong
by philtime
July 30 BTCUSD Bybit Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 30 th . Yesterday I wasn't feeling well. I haven't written an analysis After writing the analysis on the 28th The fluctuation range was less than $2,000. 6 hour chart MACD deadcross progress. Further bullish vs 12-hour MACD deadcross I think the direction will be decided. 4 hour chart Today's approximate Top/Bottom price is displayed. If the uptrend continues today, Up to the weekend in July You can reach $44549. Based on the purple parallel line support red up trend / sky blue Down trend I made today's trading strategy. 30 minute chart long position strategy Personally, I put weight on the arrow movement path. Since the current convergence section is small, we proceeded carefully up to the sky blue downward movement path. Upward or strong decline I have prepared two I ignored the extreme sideway move, but the orange resistance line / purple support line within a small convergence zone. If there is little movement and the wave is small, it will be polar sideway move, right? according to a detailed strategy The smile section at the top is green / the danger section at the bottom is orange has been changed * red arrow moving route long position strategy 40224 Long position entry section / Stop loss when the purple support line is broken $41518 when the top target price is reached I think it would be better to use tracking stop loss. it's a bit ambiguous here Whipsaw conditions are currently established, but because it is also connected to an uptrend For those who want to hold short, hold your hand short and proceed. When this section is broken, it can reach the dark blue resistance line at the top. Because the resistance line is also gathered at the top of the pattern. I have prepared with a good right-of-way strategy. For beginners, it seems advantageous to wait for an additional long position after the top section. * When the light blue finger moves Short -> Long Switching Strategy $39769.5 short / Stop Loss when the orange resistance line is broken $38173 Long Position Switching / Stop Loss When Breaking Orange Support Line If the rebound is not good, it can fall to the maximum bottom section. Please note We hope that you operate safely as a principle of trading / stop loss is essential. Depending on the situation, additional comments may not proceed. Have a good weekend. thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
4
BTCUSD Bybit Chart Analysis July 30 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 30 th . Yesterday I wasn't feeling well. I haven't written an analysis After writing the analysis on the 28th The fluctuation range was less than $2,000. 6 hour chart MACD deadcross progress. Further bullish vs 12-hour MACD deadcross I think the direction will be decided. 4 hour chart Today's approximate Top/Bottom price is displayed. If the uptrend continues today, Up to the weekend in July You can reach $44549. Based on the purple parallel line support red up trend / sky blue Down trend I made today's trading strategy. 30 minute chart long position strategy Personally, I put weight on the arrow movement path. Since the current convergence section is small, we proceeded carefully up to the sky blue downward movement path. Upward or strong decline I have prepared two I ignored the extreme sideway move, but the orange resistance line / purple support line within a small convergence zone. If there is little movement and the wave is small, it will be polar sideway move, right? according to a detailed strategy The smile section at the top is green / the danger section at the bottom is orange has been changed * red arrow moving route long position strategy 40224 Long position entry section / Stop loss when the purple support line is broken $41518 when the top target price is reached I think it would be better to use tracking stop loss. it's a bit ambiguous here Whipsaw conditions are currently established, but because it is also connected to an uptrend For those who want to hold short, hold your hand short and proceed. When this section is broken, it can reach the dark blue resistance line at the top. Because the resistance line is also gathered at the top of the pattern. I have prepared with a good right-of-way strategy. For beginners, it seems advantageous to wait for an additional long position after the top section. * When the light blue finger moves Short -> Long Switching Strategy $39769.5 short / Stop Loss when the orange resistance line is broken $38173 Long Position Switching / Stop Loss When Breaking Orange Support Line If the rebound is not good, it can fall to the maximum bottom section. Please note We hope that you operate safely as a principle of trading / stop loss is essential. Depending on the situation, additional comments may not proceed. Have a good weekend. thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
BITCOIN: Another opportunity for the bulls.Another opportunity for the bulls. At the close of yesterday's daily candlestick (Saturday 7/24), the price closed above a downtrend line that has already prevented the price from rising 5 times. In the long term, the price has not closed below 30k dollars, so it still does not renew the fund in the long term, which increases the chances of the bullrun to continue. Due to this I decided to buy in the region of 34,300 1/3 (one third) of my capital reserved for crypto, the stop for this purchase is in the region of 31,800.
Long
by MrClock
1
ETH/USD bounce and breakWatching ETH at the moment for a bounce on the previous support level, going for an aggressive entry and expecting a bounce to break the down trend in a squeeze. Expecting a descent bounce considering selling pressure residing and momentum on the CCI slowing down. This trade offers a descent Risk to reward of almost 8:1 although if I get my entry Ill be paying close attention incase we do not sustain any buying momentum after the break. For me this is a low risk trade of .5R
FTX:ETHPERPLong
by DeNomics
2
BNB/USD short tradeWatching this bearish channel at the moment and looking for a new short entry, I missed the last one so going to wait for it to head back up to the top of that channel which also intersects with an EQ zone which could be some good resistance. 3:1 RR and small risk for me with my stop loss above the previous swing high, clearing the previous wicks. I will manage my trade if it gets back down to the bottom of the channel, it may continue to deliver but if I see any bullish candle sticks I may close down the position and take the win.
FTX:BNBPERPShort
by DeNomics
MATIC/btc the wait tradeThis is a big call but requires some patients to see how this is going to play out, for now matic is still in a slow bleed and heading towards a level on the higher time frames that created some demand. Expecting selling pressure to slow down soon with a divergence building on the CCI, not expecting a reversal and more so a consolidation forming a new bear flag. If we get this bearish pattern Ill be taking an aggressive entry at the top of the range to offer a high RR of around 7-8:1 at 1R Targeting around .00001678 sats from where we had market structure back in may, since the run matic had being quite parabolic im expecting this to continue to retrace a good 70-80% from the new high from a base of around the 500 sat mark. My target is basically the 786 which ill be more than happy to front run at 7:1
MShort
by DeNomics
XMRUSD analysis (request for jreback)This was more of a request from another member @jreback Just to be clear I'm not trading this market right now. First thing I see is the ascending wedge that formed back at the start of July, this is one of the only types of Break out patterns I trade to the Upside as it generally offers great Risk to Reward and fast price action with very little market structure to clear to the left. How ever the failure on the squeeze saw selling pressure take over and win this battle so more downside coming. Current market structure is a slow bleed as we find new lows, the support level marked is formed from structure back on the uptrend a few months ago. One thing i noticed is the large volume spike over the last few days didnt really have the price action you woul expect and noticing 5 short candles with large wicks to the upside tells me a lot of that volume spiking is sellers pushing price down as there is obviously a large supply at that level. Im assuming this may continue to bleed lower over the next week or so and would look for a new reaction on the candles when coming to that support level around 171. Watch those 2 small circle areas from the lower support of this range, an early break could see a much faster drop imo.
XShort
by DeNomics
BTCUSD Bybit Chart Analysis July 9 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 9 th . This is a private comment from July 8th. according to the direction of the arrow It was a long position one-way strategy. Earned up to $995 in revenue. 4 hour chart. Today's approximate Top and Bottom prices are displayed. Green resistance line / orange support line within the convergence zone The direction seems to be determined. Red up trend and light blue down trend movement check. I made today's trading strategy. This is a 30 minute chart long position strategy. purple parallel lines, Arrows lifeline in the breadcrumbs. When the orange support line is broken, There can be strong declines. Sideway move is a neglected strategy. Each major time period is indicated. * When the red arrow moves Long position strategy. Before and after touch target 1 at the top, If the trend dies, enter short after liquidation $32764.5 Long position switching / Stop loss when the purple support line breaks The final target will be the Top segment. * When the light blue finger moves Short -> long switching strategy. $32156 short position entry / Stop loss when the green resistance line is broken $30186.5 Long position switching / Stop loss when the red support line is broken We hope that you operate safely as a principle of trading / stop loss is essential. Have a good weekend. See you in the evening for further comments. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
3
BTCUSD Bybit Chart Analysis July 2 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 2 th . July 1st private comment. Light blue finger movement path -> purple finger movement path. Along the orange parallel line, sideway move finish. 4 hour chart Today's Approximate Top Price / Bottom Price Check. Today is 12 Hour Candle MACD Dead Cross Day Candle MACD Dead Cross can be connected very dangerous Orange resistance line / green support line within the convergence zone , The direction seems to be determined. red top / sky blue bottom I made today's trading strategy. 30 minute chart neutral strategy. Because today is very important, I wrote the analysis carefully. Pink line futures market close. The main movement times are indicated. * When the red arrow moves Short -> long switching strategy. $34424 Short / Stop Loss when the purple resistance is broken $33733.5 Long Switching / Stop Loss When Violet Support Breaks When the light blue finger moves Short -> short -> long switching strategy. Only the section where you can earn safely, I focused on it. 33066 Short / Stop Loss on Breaking Orange Resistance 32409.5 Short / Stop Loss when orange resistance is broken Final $31339 long position switching / Stop loss when the bottom section breaks the orange support line Principle trading / stop loss required Please trade safely. Thank you.
BYBIT:BTCUSD.P
by BitCoinGuide
6