Bitcoin Biggest Traps In The History !Is this another 1 Million dollar Bitcoin call :) ! its all about liquidation at high prices and dumping expensive corn ! We will be drinking bull blood soon. Please like and comment !
Bitmexmastertrader
XBT Channel to watch in 2020Watch price movement between uptrend lines. This is a good chart to trade in bitmex.
Only for 30 Minutes Bitmex TradersIf price touch 18MA Black Line, then easily cross the Trend line which is Green line, Then you can take short position only 2x to 5x miximum, and exit point is only for 20$ to 50$ profit. Be happy
Can we reach 4800 before going to sub 2k, The FINAL BOTTOM?So coming directly to the point here, we're having a normalised BULLISH channel after that violent dumping from 6k levels. 6 monthly candles closing in RED, have you ever seen your Corn in such a bad phase? But if you've survived until now, trust me you're really very close to have something which you'll be proud of a year later.
Okay, enough talking now lets come back to the graph and TA. This bullish channel can easily lead us to 4.8-5k regions. WHY? I see 2 reasons for that.
1 - If bears start dumping from this level i.e. 3.4k, they'll paying from their own pockets and once the whole market will be in blood bath & we've already reached the sub 2k levels then there'll not be enough buyers and literally zero retail traders who'll be willing to open any long positions at that level. Bears won't take that risk on their pockets.
2 - BULL TRAP & RELOAD by BEARS. This is quite a simple strategy followed by any big traders or market makers. They need to take profits on their non-leveraged trades and reload on there over all short positions at higher levels. It'll be sweeter for them when everyone thinks that thank god, now we're above 4.5k and I can sit on my long for days & similar moon talks. And that's when they will get hit by REALITY.
So yeah, stick to fundamentals watch it closely and learn.
If you find this helpful enough, do visit us at tychelab.com .
*This analysis should not be considered as a financial advice but yeah you can use it to educate yourself & help your own trading ideas.
Regards.
XRP (XRPH19) LONGBUY - 7941
TP1 - 7970
TP2 - 8040
TP3 - 8250
TP4 - 8600
LEVERAGE - 10-20x
STOP LOSS - 7640
Definite Big BTC Move Brewing, Contains Only Qualified AnalysisCOINBASE:BTCUSD
Self Explanatory BITMEX:XBTUSD Chart
Moving Averages, That confirm the qualified support and resistance trend lines
If this trend test fails to break above resistance, the likelihood of the support holding drops significantly, this will create a high probability of a price drop
ETHUSD/BitMEX: INCOMING RESISTANCE LONG 20XWhats up cryptopians!! As we can see ETHUSD has UPTREND, Above i have posted a chart of resistance points! If you are looking for a community to trade with on ZOOM in REAL TIME with LiquidMEX sharing his SCREEN then drop me a comment below or send me a personal message and i will send you the link to my platform where we are trading on BitMEX as a group. I also have trading courses that i am starting to mentor NEW traders on BitMEX as my reputation on BitMEX speaks for itself.
ETHUSD OVERVIEW
Tested resistance at 120 Rejected.
Will retest 120 when Shortly will breakthrough as BTC is going to 4700-4800 at the moment.
Personal Trading plan has not been established yet with ETHUSD though i will keep you updated on how i will trade this, Most likely with lower leverage around 20x with ENTRY at 117-119
!DISCLAIMER!:THIS IS NOT FINANCIAL ADVICE AS I AM NOT A FINANCIAL ADVISER. THIS CONTENT IS INTENDED FOR EDUCATIONAL/ENTERTAINMENT PURPOSES ONLY!
Support and ResistancesNothing much interesting going on with Bitcoin at the moment with same ranging zone. 4H and 1H signaled long and positions remain that way unless stopped out in profit. Red blocks are resistances to break, Green block is the soft support that should not break inorder to hold the fort. Staying long for now as per the strategy in use. SL in profit.
What shall happen when Bitcoin Futures hit today/tomorrow... ; )Trend lines, tools, levels, astrology signals, and more have led me to believe, that Bitcoin will have a nice leg up sometime soon.
- Namnaste'
