Btcusdsell
Channel formation in BTC/USDTIt already hit 9500 level, that was intersect point where green line that represent Symmetrical triangle on weekly time frame which got cross over with purple line that represent channel resistance on 4 hrs time frame.
now I expect, It to be fall on 7950 or 7600 level within next 4-5 days
BTCUSD - INTRADAY - 28. APR. 2020Welcome to our daily trade setup ( BTCUSD )!
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1 HOUR
Bullish reaction to 7660 $ towards previous resistance.
4 HOUR
Slowly rising range market at its high, expecting a drop!
OVERALL
Overall bullish market need a pullback shortly..
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CRYPTO INTRADAY
SELL BTCUSD
ENTRY LEVEL @ 7726 $
SL @ 7769 $
TP @ 7632 $
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
BTCUSD - Opportuntiy to SELLHey everyone, here's my analysis on BTCUSD
Summary:
There was a breakout of the trend line and price is making a pullback to its previous breakout level where we could see a drop, as illustrated by the yellow dotted lines.
Action:
Sell Limit: 7120
Stop Loss: 7343
Take Profit: 6567
Analysis:
On the D1 chart, price is facing a key resistance zone which it failed to break above, as seen by the most recent wave of drop in price. When we look at the H4 chart, there was a breakout of the trend line and price is making a pullback to test the previous breakout level and we could see a drop from the first resistance zone, between 7120 - 7195.
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Waiting for channel break!Whole movement seems to be manipulated as I said in previous idea. I'm still out of position. MY setup for this will be waiting to break a channel then wait to retest back and i will enter a short position with nice RRR as follows
1st target the long support line
2nd target 0,5-0,618
3rd target 0,618-0,786
Follow me on twitter: @realMarketMage
BTCUSD; the 7200$ ResistanceBTCUSD is trading on the resistance level of 7200$, if bitcoin breaks this level then we need to see if it resist again on the upper trendline of the channel which is 7250-7260$, the volume is not big enough and this indicates a reversal or correction from here.
if it can't break above it we can initiate a short position from this level 7250-7260$ with max Stop of 3%
BTCUSD - CRYPTO - 17. MAR. 2020Welcome to our weekly trade setup ( BTCUSD )!
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1 HOUR
Cryptomarket heavily oversold together with most stocks / indices etc.
4 HOUR
Price action slowed down and consolidated pumping buyers before dumping them ;)
DAILY
Market will take another push to the downside forming new lows since too many people
jumped on long positions now, greed will kill them with another -35% drop in value.
Watch out crypto halving in May might push prices back to the upside or even faster,
still a big fan of blockchain technology and looking for all time highs end of this or next Year!
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CRYPTO SETUP
SELL BTCUSD
ENTRY LEVEL @ 5434 $
SL @ 6006 $
TP @ 3500 $
RR: 3.0+
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
BTCUSDT - do not give in to emotions! 🙏Good afternoon, colleagues! What to expect now?
The main thing is not to succumb to emotions! The graph clearly shows the beginning of a new five-wave in the third wave. I think many see it. But above the price, 9750 bitcoins are not expected. Therefore, it is unlikely that the price will go higher.
Most likely in the near future we will see the correction headlight ABCDE. It is indicated on the chart. And after that it will be possible to say exactly where the price will go.
Thanks to all my subscribers and readers for your attention! 🙏
Success and profit!
Do not leave without like, and if you liked my analytics sign up, and you definitely will not miss anything!
Bitcoin Forecast: BTCUSD - A Simple Bitcoin Analysis Bitcoin has gained around 35%, entering the year 2020 a significant progress of 25%.
Markets reached highs of $9K on Friday January the 17th 2020, before hitting resistance, which occurs simultaneously with the 200-day moving average price, something which has historically sweltering bullish progress.
But hey! watch for a correction: ( Possibly - 7k, 6k, ) and Bitcoin will head back up.
Be safe. Enjoy trading
BTC/USD SHORT SET UP TO $7,000/ AT $7,000 GO LONG TO $10,480Sell BTC/USD
Entry 1 8680
Entry 2 8568
Sl 8900
Tp.1 8,180
Tp.2 7,775
Tp.3 7,520
Tp.4 7,186
BTC/USD’s ability to remain above the 7473.42 area will be closely scrutinised by traders intent on assessing the sustainability of the recent move, as this area represents the 23.6% retracement of the 10540.49 – 6526.00 range. Likewise, a move back above the 8059.54 area will be seen as a bullish development as this represents the 38.2% retracement of the same range. Below current price activity, traders anticipate Bids around the 7597, 7473, 7313, and 7117 areas. Above current price activity, traders anticipate Offers around the 8177, 8340, 8585, and 8799 areas.
ONCE SHORT ends
BUY limit set up
entry 1 $7,080
entry 2 $ 6,680
sl 6300
Tp.1 7,600
Tp.2 8,100
Tp.3 8,600
Tp.4 9,600
Tp.5 10,240
BTC/USD SHORT SET UP(GO LONG AT FINAL TAKE PROFIT10540.49 – 6526.00 range. Likewise, a move back above the 8059.54 area will be seen as a bullish development as this represents the 38.2% retracement of the same range. Below current price activity, traders anticipate Bids around the 7597, 7473, 7313, and 7117 areas. Above current price activity, traders anticipate Offers around the 8177, 8340, 8585, and 8799 areas.