BTC Update Short BTC Update Short At 34,671$ Down Trend Support
main support at 33,024$
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Btcusdtendenciaalcista
BTCUSDT: Updates!!#BTC UPDATE
#BTC continously Testing the 60k zone Resisitance and it seems that BTC gonna Break 60k zone soon.🚀
As Long as BTC is above 57k chances of New All Time High seems inevitable 🔥
Leave your comments bellow
@Tbae_Nike
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BTCUSDT - Big range locally we are in a big sideways
support area 54-53
Breakdown of this zone will open the way to 46k
there is a possible rebound in the green square.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BTCUSDT - fell to $50000kthe last forecast worked 100%
Waiting to test the $51500 - $50000 zone
If the zone does not withstand the fall will continue.
everything looks like the beginning of a correction.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BTCUSDT - Senate Democrats passed their $1.9 trillionSenate Democrats passed their $1.9 trillion coronavirus relief package on Saturday, sending it back to the House for expected approval in the coming days.
The party hopes to have the aid bill to President Joe Biden’s desk before unemployment aid programs expire on March 14.
Democrats had to make several last-minute changes to win support from all of their members, as they say the plan is needed to get the country through the end of the pandemic.
Republicans opposed another major spending plan, contending the state of the economy does not warrant it.
New money for the market is a reason to grow.
I expect growth from the U.S. market. And I expect growth from the crypto market.
BTCUSDT - How about this option?if we fall below the key level.
It would make sense to buy in the green zone.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Bitcoin - Bearish Engulfing Pattern Definition and TacticsWhat is a Bearish Engulfing Pattern?
A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price more aggressively down (down candle) than the buyers were able to push it up (up candle).
KEY TAKEAWAYS
- A bearish engulfing pattern can occur anywhere, but it is more significant if it occurs after a price advance. This could be an uptrend or a pullback to the upside with a larger downtrend.
- Ideally, both candles are of substantial size relative to the price bars around them. Two very small bars may create an engulfing pattern, but it is far less significant than if both candles are large.
- The real body—the difference between the open and close price—of the candlesticks is what matters. The real body of the down candle must engulf the up candle.
- The pattern has far less significance in choppy markets.
What Does the Bearish Engulfing Pattern Tell You?
A bearish engulfing pattern is seen at the end of some upward price moves. It is marked by the first candle of upward momentum being overtaken, or engulfed, by a larger second candle indicating a shift toward lower prices. The pattern has greater reliability when the open price of the engulfing candle is well above the close of the first candle, and when the close of the engulfing candle is well below the open of the first candle. A much larger down candle shows more strength than if the down candle is only slightly larger than the up candle.
The pattern is also more reliable when it follows a clean move higher. If the price action is choppy or ranging, many engulfing patterns will occur but they are unlikely to result in major price moves since the overall price trend is choppy or ranging.
Before acting on the pattern, traders typically wait for the second candle to close, and then take action on the following candle. Actions include selling a long position once a bearish engulfing pattern occurs, or potentially entering a short position.
If entering a new short position, a stop loss can be placed above the high of the two-bar pattern.
Astute traders consider the overall picture when utilizing bearish engulfing patterns. For example, taking a short trade may not be wise if the uptrend is very strong. Even the formation of a bearish engulfing pattern may not be enough to halt the advance for long. Yet, if the overall trend is down, and the price has just seen a pullback to the upside, a bearish engulfing pattern may provide a good shorting opportunity since the trade aligns with the longer-term downtrend.
Limitations of Using a Bearish Engulfing Pattern
Engulfing patterns are most useful following a clean upward price move as the pattern clearly shows the shift in momentum to the downside. If the price action is choppy, even if the price is rising overall, the significance of the engulfing pattern is diminished since it is a fairly common signal.
The engulfing or second candle may also be huge. This can leave a trader with a very large stop loss if they opt to trade the pattern. The potential reward from the trade may not justify the risk.
Establishing the potential reward can also be difficult with engulfing patterns, as candlesticks don't provide a price target. Instead, traders will need to use other methods, such as indicators or trend analysis, for selecting a price target or determining when to get out of a profitable trade.
BTCUSDT - will be punished.two scenarios.
I'm looking more at the short position.
The local support will be broken through.
The market is selling more.
What do you think?
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BTCUSDT - pushing zonePreconditions:
- global uptrend
- local uptrend
- pushing zone
- bearish trap
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BTCUSDT - Full-fledged correction startedFull-fledged correction started, without indicators, you can see that the price is too stretched upward. Of course, HODLers and moon fans look only upwards, nevertheless, the probability of correction should not be excluded, especially when many have long forgotten about it.
The 3 powerful Monthly Green candles are similar in structure to the May 2019 momentum from the Accumulation Zone (December 2018-April 2019).
The entire May momentum then was balanced almost 100% down. The 2020 momentum could also balance down to at least $16000 (maybe $12000).
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
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BITCOIN (BTCUSDT) - Gives the opportunity to grow altcoins.Moving up it is more logical to collect more shorts.
And then on their feet to fly up.
This is one of the scenarios. We can also go to shoot lower liquidity.
The best scenario for me:
Bitcoin stands on the side.
ETH is growing.
Altcoin grows.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BITCOIN (BTCUDt) - still bullishThe trend line is not broken locally.
Break-down of the trend line will mean a sale. with acceleration after the break-down of the level 18300$.
with yesterday's idea so far long.
Stop Loss has resisted. and our position has not been beaten out.
I'm standing in the long. ready to roll over in a deal.
Yesterday I gave an idea:
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BITCOIN (BTCUSDT) - Largest Gap in historyThe largest GAP in history was formed at the CME. It is already 1900$ or almost 10% of the price.
How do you think? Shall we go and close the gap?
on a 1h timeframe, it looks like this:
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BITCOIN (BTCUSDT) - sidewaysIt is better not to enter the lateral movement.
I will wait for the exit from the side movement, to continue to fall.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BTCUSD - CULMINATIONI expect 17500 in order to put together a trading plan for the medium term.
This is not the culmination yet.
I recommend trading strictly from long positions.
today recommended to buy:
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These ideas are not a channel with signals and I do not give recommendations on the entry/exit points.
In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements
Thanks for your support!