2 shorts positions. 2 take in profit. BTC/USDTHello dear traders.
Please accept my sincere congratulations on the achievement of 2-3 goals (as with whom, because on different exchanges and 3 take profit has been achieved, namely 23,000)
As for my positions, one of them today was closed by hands, with a small loss of 25 points.
No, not because it didn’t work, but because I’m tired, and if the first take is not reached in my position, and it is still open without moving the stop loss to breakeven, I try to close it with my hands at the mark that the entry was made ...
In order not to lose what you earned.
As you know, I have another short position.
My tradingwiev idea -
you can see it below, in graph 1) ""triangle breakout", I open a short position"
It is open at a price of 24,090.
Here, 2 targets have also been reached, and the stop loss is at breakeven - 790 pips in our wallet.
So far, I have made a decision for myself - not to open a new position, since I will devote the whole day to my analysis of the bitcoin price.
But based on what I saw today, I would also start working further from short positions.
NO, not because I want to, but because for me this growth is insane.
there are 2 strong levels for 2 hours TF.
Namely - 24090-24000
and 23300-23100
The price goes beyond these boundaries to give a clear idea of where the price will lead.
For me a the meantime, I wait for the price to return to 23000.
Trade wisely, set take profit, trade stop loss, respect risk management and money management.
You don't have to trade the way you want to, even if you lose. Trade should be your friend, not your enemy.
All successful deals, profit and calm trading plus
Btc-short
"triangle breakout", I open a short positionHello dear traders.
The triangle has broken through!
My previous idea - worked so far by 75% = 1240 pips in our wallet
since only 3 targets have been achieved
you can see this in my previous idea.
I open a new position in Long - triangle breakout! BTC / USDT
But I plan to close this long. And open a short position from the current price in order to update again 23500.
Because the weakness in the market is visible.
And the expectation of a breakdown, as well as an impulse, happened.
I want to close this position from 24090 with a stop loss at 24300
and for purposes such as:
23800-23300-23000 22750
Following my risk management and money management, I can allocate 4% for this position,
no margin trading, only with a certain market.
Bitcoin ready to drop to 14,000
Hello to all respected traders !!!
As I have shown in the chart, Bitcoin is within its historical resistance at the weekly timeframe, and the last candlestick to close is a perfect pendant with a hanging man.
The RSI also indicates that Bitcoin is in full saturation, so I think all the conditions are in place for a correction to the 14000 range.
I will be very happy to write your comments for me. Thanks
BTC retrace
I've already explained some key points on the chart.
Volume shows top is in.
My initial top target was 1.618 BC blue Fibonacci level.
I believe we current leg up started in Sep-Oct. This is where I placed my first golden Fibonacci extension.
From the breakout to top green Fibonacci 0.5 0.618 levels are ~15k and ~16k points of bounce for B leg.
Final C leg down target could be ~13.9k top of 2019, pretty close to 0.618 level red Fibonacci of March to top.
CVCUSD dead :(Its hard to believe a CVC would die or complete fizzle out with such a large community, active traders, incredibly high volume, incredible features, COINBASE listing!!! But I regret to inform you its true. 0.005 her we come. :(
AMD leading indicator for the COMING recession/depression event?How do you even sustain a 1000% growth that gone parabolic? We all saw btc in 2017.
People assume we are "clear" of a recession but realistically we havent even had one yet.
what even is this lol
Ray Dalio talking about we are going to have a 1930 event based on debt basically and honestly im not too bullish
Short only short BTC!!!!Hello to all traders!
I want to congratulate those who listened to my idea with a very good profit! We did not reach 13,500, but built a new peak!
Oh well. My medium-term forecast for the price of bitcoin has come true!
PS You can find it in my previous two ideas, which worked out for all 100 without any mistake!
And what now.
at the moment - I sold 80% of my wallet!
And I open a short position to take the least - 2800 points.
Why so much. There are many explanations for this - but the main reason is my trading strategy.
The sale and the short position itself is open for exactly $ 13,000 for bitcoin.
I expect the price to drop to $ 9,500 in 1,5-2 months!
The only thing that doesn't bother me is just one thing - EMA 200 LOOKING UP.
BTC/USDT Day Chart THE Bitcoin pattern Descending triangleWe fall far from here all the way to 3800. We will bounce off key support levels which I will post following this chart. You will see we are finished up a descending scallop and am falling from here. Watch your alt coins as BTC falls to its support levels. As it enters HCR (Horizontal Consolidation Regions) we will see pumps from alts so keep an eye out to catch some of those for some quick scalps,but don't over stay your welcome. Its also advised to get out of any shorts on BTC and avoid trying to long the HCR's as they will chop you up and spit you out very easily if you slip up trading the waves. It is important to remember that everything involved with these charts are fractals. Given this information you then determine the overwhelming pattern. Whatever market direction is associated with a certain pattern you can then see it echoed in the sub patterns. You see this when you see the descending scallops within the descending triangle. A lot of money to be made on this drop be careful keep to your rules. if you like the content throw me a like and follow me for great ideas.
Bitcoin Will Melt Once Again!!Hello Traders. I know most people think Crypto is about to make a major rise right now, but I'm seeing a few Bearish sentiments that say other wise. Bitcoin recently lost some bullish momentum testing some MA's and a Daily Zone. After recent bearish engulfing, price failed to rise back above a few key levels including the median of the engulfment. I predict a bleed out towards the Daily Pivot Point. If close under that occurs, I predict more bearish movements to the downside near my -61% Fib Level. It is possible for Bitcoin to dip back under $10,750, but no guarantees on that yet.
What Are Your Thoughts On Bitcoin??
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