Btcfutures
BTC/USD (Good Monthly Support?)💎Technical Analysis Summary💎
BTC/USD
-Finally, after 3 months of red candles. The month of July finishes strong
-Bitcoin has a monthly immediate key area of support around 35k-29k dollars
-This is the zone we need to watch for the remaining months of this year 2021
-As long as this area will hold, BTC will remain Bullish until the end of the year
-For now, I'm expecting a few months of sideways trading again
-During this consolidation, Let us see if the Altcoins space will move stronger
-Because most of the time, Altcoins performs better when BTC trade-in range
-I will always keep my watchlist updated and hopefully share some of my public ideas
-See you and Good luck! :)
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
BTC/USD (New Strength)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin finally confirms the weekly key support area
-After a strong recovery back above the 50W MA and hitting the 40k level
-We can say BTC is safe for now in the coming weeks
-But the Bulls can't stay relax because the 40k dollar is acting as a strong barrier
-And also, we have a new CME price gap of around 34k-32k dollars
-We know these gaps are likely to get filled soon
-If you noticed some Altcoins are not doing well during BTC run-up
-It is because the Bitcoin Dominance level increases too by 5%
-The Altcoin space may move weak or slow in the coming days
-Unless the BTC Dominance decreases and Bitcoin moves in a range
-Congrats for the Bulls, let us see if they can make another follow-through
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
BTC/USD (29k Last Area of Support?)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin is saved by the last area of support and 200 Moving Average on 2D TF
-If BTC will continue to move higher in the coming days
-I expect a retest of the 20 Moving Average in this 2D time frame
-This short-term 20MA may act as resistance again as seen in the past
-The Bulls and Bears are differently in a tug of war until the last one surrenders
-The market trading range is getting tighter and tighter each day
-We will soon see breakout direction either up or down
-So please always be prepared and manage your position size correctly
-Good luck and stay safe everyone!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
BTC/USD (Warning Signal?)💎Technical Analysis Summary💎
BTC/USD
-Warning sign for BTC, the price closes below the 50W Moving Average
-It is now trading below the weekly key area of support
-If BTC is unable to get above the 33k area in the coming days
-Please be cautious and manage your position sizes
-Because we don't know how far BTC will go if this downward continues
-Good luck traders and stay safe!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
BITCOIN READY FROM $30,500Bitcoin is in a range ($36,500-- $30,500) from 18 June 2021. And recently break its latest swing at 32800. So, According to my analysis: - - - - -
" if the price will retrace from here & unable to go up, fall & break the $32800 level again then We can create a Short position with the target of $30,500 or 1:2 reward ratio."
REMEMBER: Always do your own analysis before entry & take only 2-3% of risk per trade.
BEST OF LUCK
HAPPY TRADING
BTC Futures, Gold Futures, Dollar FuturesI like to use these charts to get an overall feel for investor sentiment when trading/investing in these markets. I believe having future's pricing data available gives us some insight into whether we are in a Risk On/Risk Off environment. Right now, compared to a few weeks ago we see some changes across the board. BTC is below a key weekly level (below Daily 50 and Daily 200) and trading bearishly within a Demand Zone. We see Gold now above the Daily 50/200 trading bullishly.
The Dollar and the Forex Dollar (DXY) seem to be in alignment with the bullish sentiment but is it going to be a "real" bull run or are we seeing short-term optimism waiting for the other shoe to drop based on US financial policy decisions?
TheKing Boring Phasei didn't post much for now, because right now, Have nothing to say!
- As you can see on the chart BTC is staying in a fighting tunnel ( 31k - 36k )
- We can notice a strong rebuy around 28500$ when bears try to push TheKing more dip than that area.
- Most of the time BTC bounced on EMA300 ( Violin EMA ) around 31k.
- Bollinger Bands getting tinner and tinner, it could lead to a strong movement in a near future.
- For now imo, i just see 2 Scenarios :
1. BTC break down EMA300 and will go take the missed GAP around 24-26k
2. BTC will continue to stay in the tunnel and break it up soon or later, if we break this bearish trend 42.5k will be the next level to watch closely
- We could get some worst scenario but for now nothing lead us to thing that BTC will go to 20k.
- i am still bullish and believe that for now we are in a Correction Phase, BTC is building a long consolidation area
- i don't cannot consider to be in a Bear Market at 30k.
Patience is the key !
Happy Tr4ding !
BTC expecting local UptrendHey guys,
We have success reached price level at 36450! Thats awesome!
Then Price hits local high, which looks like uptrend continue. And I decided increase my order price and my entry price moved up.
But when I recorded this video, price hits local low level. One 4h bar hits local high and low level - what does it mean?
Uptrend correction finished and we will continue fall?
Or its just a trap for Shorters and we will continue uptrend as a correction?