Btcusdsell
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.
#BTCUSD#Bitcoin, There is no technical change on the horizonThe downward trend is still here, although we have had two days of ups this is only a small correction on the price.
The star-shaped red candle that appeared after the 2 green candles signifies the end of the ascents and the resumption of the declines.
Red and clear Ichimoku cloud.
The BTC/USD is below the 200 moving average line.
Target: 6900