I see a possible MINOR correction in BTC before they decide to continue We love to see BTC breaking ATHs but I believe pain is about to ensue Trust me I am fully on the BULL side We gotta remember markets do not go up/down in straight lines Corrections are a good thing!!! BUY THE DIP!!!
Continued though from the last posts (in French, not sorry) so you can trace my thinking and analysis forming 4 days ago. Lots here, lots to say, let's breakdown. What if people got it wrong: Emotions may have made many want to see an unsustainable uptrend reboot via a triangle. Here is why I think they got this wrong, completely wrong, and the trick was not...
Good day, dear friends. I would like to congratulate each of you who follow my open trading ideas and make money with me. (Yellow rectangles - long / short earnings) Now I am not disclosing any details - but what I am writing here - you can earn at least 1000-2000 points on this for each trading idea. The previous trading idea made it possible to earn only...
I have a definite short bias at this point, right back down to the weekly ema 12 around 22,000 - 23,000 would be lovely but lets see. Hopefully a short will setup, maybe the break and retest of that long trendline that it's kept above since 30th Dec and retested on the latest dip.
As much as we want BTC to fly high, it can sometimes run out of fuel and therefore leads to correction. There is clear RSI/MACD/Volume divergence with the price action. The price is increases but the corresponding change in RSI is not aligned with it. This means there will be a correction coming soon and we can see a good support at 23-24k mark. Hopefully, it will...
As shown if BTC price sustains trading above $20350, we may see continuation of the bull trend. Sustain trading above $24000 may negate the downtrend.
Hello there, The resistance point was reached around 11,400 USD, the trend going from decrease to increase, which is confirmed when the price remains above the yellow line and above the point indicated on the blue flag on the chart. Depending on the chart, the BTC has some support points that it can reach in the next period, but also some reasons why it would...
Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! BTC/USD: Daytrade-preparation Market-Sell: 11870 Stop-Loss: 12500 Target 1: 11200 Target 2: 10895 Target 3: 10425 Stop-Loss: 630 pips Risk: 0,5 % - 1% Risk-Reward: 2,33 LEAVE A LIKE AND A...
Turning point 3 maybe consolidated before a breakout. Due to key support around 3.7k most probably price would bounce up if reached. Three channels of upward support line mentioned on chart. Dotted lines (upward Trend) are major support. All info is simple and mentioned on chart. Hope you easily get it/ Remember panic is dangerous and being greedy is...
BTC halted its steady uptrend and decreased by 6% in 4 hours, however it has not yet passed the value of 6800$ which was a resistance until April 6th, when BTC broke it. It will probably be tested as a support over the following hours. By looking at both RSI and MACD, it seems like both graphs are preparing for a bearish trend. This decrease could be similar to...
The trend is upward and BTC has managed to break the previous resistance around $7000. Even if its value would decrease again over the next few days, there seems to be a robust support around $6800, as BTC's value has been slightly fluctuacting around it since the beginning of the month. Taking a look to MACD index, its pattern is showing a similar behaviour...
Greetings! I couldn't find a better moment for a short description of my market view than this one, when the market is flat, if you want to see the whole picture take a look at my previous ideas. Things are simpler than we think, there is a cryptocurrency market in a digital world and we see that the whole world is shaking before something we call a...
I identified a pattern repetition between the current situation and the market behaviour from February 18th to February 27th. The market showed a downtrend in the mentioned period, divided in the following steps: 1) it started with a steep decrease in value of approximately 10% , bringing BTC value from 10300 USD to 9400 USD in one day; 2) then the value rose...
How about you? Are you long or short? Which side are we gonna break on with the halving that's coming up next?
Hello there, as you can see the chart above, the Btc's move seems to be pretty obvious, follow the line. This is not a trading advice! St.Gex