BTCUSDT IdeaG'Day Guys
This my 2nd time Analyzing Crypto. So far, BTC followed our projection. Let see, if this happening in BTCUSDT,
Generally, this pair still strong Bullish. I would like to anticipate the movement which is minor bearish might appear during the major trend.
My idea, if the previous high solid break. I consider this idea void.
Cheers guys. Let see what happen next..
Btcusdtidea
BTC/USD - triangle of uncertainty. The idea from May 11th is in action. I make sure that trading on daytime timeframes is less inaccurate.
Now we've been triangled.
We're standing at $9,000.
You can try the local long, with a stop loss per level. (drop correction.)
Or wait for the classic triangle breakdown and fixation.
I'm watching more for the downwards movement.
Yesterday's shorts paid off 100%.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
BTC/USD - a trend breakthrough.Being under the $9,300 zone.
All you have to do is look at the shorts.
The crossover of EMA 7/ EMA 21 shows a decreasing trend.
Decreasing highs.
Long position is definitely not worth it.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
BTC/USD - yesterday's HI-LOW trade.The levels are taken from yesterday's closing.
Longitude from the closing level of the day. Purpose of opening the day and update HI.
This is so called yesterday's HI-LOW trade.
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Now the price is in the middle of the whole monthly rang. $8850 level of peak volumes. As a rule, this is the level from which the impulse starts and the exit from the rang (it is not necessary that the impulse starts now!!!). A new local resistance zone of $9620-9740 has been formed from above. There is a high probability that before the impulse the price will return to this zone, and the reaction of the price at this level will probably show in which direction the exit from the whole rang will take place. Again, I would like to repeat that this is only a probability, as we are now at the peak volumes of the entire range. If $10000 was the limit of the whole growth, then there is a chance to go straight down from the current one. The main support now is the support of the whole Range=area $8080-8250. If this zone is broken down, the target to exit from the whole range will be the area of $6200-6500, i.e. longs above $6200 will bear great risks. The range is forming a whole month. Big ranges create strong trends, on the way of which it is better not to get caught and not to trade against this trend. As long as we are above the main support, and even more so above the Orange zone, there is potential for growth. If you think that $10k was the growth limit to rush to shorts in the middle of the rally, there is no need to rush to shorts (the most aggressive point for shorts is Local Resistance).
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!