Btcbuy
BTCUSD: Local prospect (23.09.2020)The price is decreasing within a downtrend, as evidenced by the downward Ichimoku cloud on H4.
Besides, the RSI on H4 is near the oversold zone, which indicates a possible start upward price correction.
On H1, the price is near to the local support level at 10300, and the RSI also declined to the oversold zone, signaling the imminent completion of the downward movement.
In general, we should expect the price to break out of the support at 9900 soon.
Locally, we recommend selling BTCUSD from 10650-10750 on price corrections upward.
The kettle has been turned onBears are losing the attempt to play the downtrend and instead turning resistance areas into support,the channel has not broken and support still stands 10.6,10k.The accumulation over the past 3 months is setting up for a huge ending quarter for the market in my personal opinion.
I think this test of resistance may be the right amount of pressure at exactly the right time for the bulls to break through.
Weekly: Very short term bearish.10.7k-10.4k
Monthly: Bullish trend occurring with increasing levels of volatility for Big 15 swaps.
BTCUSD: Analysis using Ichimoku 14/07/2020H4
On D1, the cloud is directing downward, indicating an downtrend. The price also broke the downtrend line at D1.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 38.2%.
H1
At H4, the cloud is directing upward, indicating an uptrend. The RSI of H4 is not far from the oversold level, indicating a possible end of the correction.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H1.
BTCUSD: Analysis using Ichimoku 08/07/2020H4
On D1, the cloud is directing downward, indicating a downtrend. The price also reached a downtrend line on H4.
Conclusion:
Locally, we recommend selling when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing upward, indicating an uptrend. The price also reached a downtrend line on H4.
Conclusion:
Locally, we recommend selling when the RSI reaches an overbought level on the H1 near level of 9450.
Bitcoin: Analysis using Ichimoku 23/06/2020H4
At D1, the Ichimoku cloud is directing upward, indicating an uptrend. Also, on H4, the cloud is directing upward, indicating the movement within the framework of the trend on D1.
Conclusion:
Most likely, a triangle correction model is being formed on D1. We believe that the price of Bitcoin could rise to $ 10,000.
RSI is overbought.
We recommend selling from a key Fibonacci level of 38.2% and 23.6%.
H1
At H4, the cloud is directing upward, indicating an uptrend. Also, on H1, the cloud is directing upward, indicating the movement within the framework of the trend on H4.
Conclusion:
Turning to a more significant time period, it is worth considering the sale from the level of $ 10,000. Locally, we recommend buying from the Ichimoku cloud. As a result, the RSI may form a divergence, which will be confirmation for lower of the price on H4.
Good luck!
⬇️⬆️ Honestly, Still a 50/50 Range For Bitcoin (BTC)💰 LET'S GET INTO SOME LONGTERM BITCOIN ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- We have been trapped under a major key level of resistance at 10k - 10.4k. This resistance level is the main level that will determine what happens next in the bitcoin market. I have labeled it as (King Of All Resistance) at the top of the chart.
- Notice in total that we have 7 wicks that have followed with the last 7 weekly market closes! When their is a lot of wick action at a critical level with no solid body close, this can indicate weakness for the bulls to breach to continue an uptrend.
- The last 3 weeks including the current one have all had lower bodies form with lower lows. This can be a bearish sign as we see price start to step back down.
- We currently are in a price range of 8.72k - 9.76k to develop the next major trend. Once we sustain a solid body of price price movement below or above these key levels, then we should have our idea on the next trend continuation to follow.
- Inside of this range we do sit around the 50% mark and are compressing with a DOJI candlestick pattern to indicate a lot of indecision. I do not recommend to play this candle here. Wait for a sold breach confirmation.
- Take into consideration that the red brick for our Crossover Strategy now sits above the current DOJI which can also represent bearish signs.
- The EMA DOTS indicator on the bottom does have an alignment of all 3 dots firing the same color. We use this to help identify trend reversals in any market.
- Remember that all of this is still in motion and will not close till (June 22, 2020) You always want to make sure that the timeframe closes for a more solid trade opportunity.
So overall we are just waiting for a breach on key S&R Levels as we sit at the 50% mark in the range consolidation. We are leaning bearish for now. Don't forget to use your tight stoploss on the breakouts and to never marry a bad trade! Cut loss when needed. Stay patient and let the trade come to you! Enjoy your weekend and stay safe!
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
Bitcoin: Locally prospect 16.06.2020Hello everyone!
Price continues to move within of framework of our wave map.
We all also believe that price is moving within the upward correction channel. The optimal level for the purchase can serve as the bottom line of the channel.
In general, we are continue to expect Bitcoin price growth within the framework of the impulse waves.
Good luck to all!
Continued Bitcoin Price CorrectionHello everyone!
Price moves within our trading plan.
At the moment, we expect a slow decline in prices within the correctional wave C towards the lower boundary of the channel.
In general, the price dynamics indicates weak sellers. As in the past, we expect continued upward trend in the future.
Good luck to all!
BTC - Bitcoin futures S/R zones Hello traders,
Description of the analysis:
Bitcoin futures main S/R zones before halving.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
42% SHORT ON BTC, NOT EXPECTING A SCAM LIKE THIS SHITCOINTHE BIGGEST SCAM COIN EVERY MADE, THE BIGGEST PARADISE FOR SCAMMARS.
OK NOW LET'S GO BACK TO HIGH IQ VERSION OF MY SMALL BRAIN.
THIS IS THE BOTTOM, TAPPED THE WEEKLY 200MA AND BAGS FILLED, I CAN ASSURE YOU THIS IS GOING TO RIP UPWARDS AND KILL SOME BERAS.
BTC USD - Perspectives on 24/02/2020Friends, support this idea with your Like and any Comment. Thanks.
I expect continued growth in the price of BTCUSD as part of a series of impulse waves.
Alternatively, it is worth selling after a longer local price correction at current levels.
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