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Btcusdtoday

GOT RECKT ?? HERE IS WHAT I AM DOING !!the market surprised all of us, we already predicted a correction for btc n we said that it may touch 31 k n bounce n this what happened. the surprise was in alts not with BTC. SXP for example made 45% correction ... damn !! from my point of view, at this moment when u r reading this article if u had alts whatever they r n still holding, so don't sell. before u ask me what is the benefit from holding after what happened let me ask u what the benefit from selling now?? some of us already lost 50% to 80% what else u can be losing more than this. but if u chose to hold we have a huge possibility to get lower loss than this n we have small probability to make profits since our entries if we wait. I think it maybe take a week or two to recover for market, believe me guys no bearish market get in this quick time. look at history when bull run ends the bearish market can last for months or years not just a week or two, n as u see with high possibility we r already in dip. we have a golden rule which says: " what go up quickly, go down quickly " n we can also say that: "what go down quickly not a bearish market at all" maybe correction or bad fundamentals but this wont last too much for alts. it doesn't make sense at all to get $1.80 Xrp on 2021 bull run while in 2017 it reached $3.85, other alts having the same idea like LTC, NEO , DASH, CRV n other I believe we still have a continue this is not the end !! I wont sell anything but I wont open any positions n consider futures NOT ALLOWED at this time. I don't advice to add more now until we get confirmation that we wont get lower !! forget about your wallets n leave it for time n u wont regret it. we all have a great loss at the moment remember this.
by BTC-fire
11
BTCUSDT - Fly to ???I'm waiting for a reaction to 55K. I wonder what will happen. important level. I want to buy on the correction. last 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
Long
by Yuriy_Bishko
7
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.
Long
by Yuriy_Bishko
67
BTCUSDT - let's try) intraday positionsPreconditions: A local correction to the rebound of the fall in price is looming. This situation can be used to join the upward movement. Therefore, it is interesting to see the retest of the local level of 47800 $, which was a local resistance for several days. In case buyers will meet the sales with limit buying, as it was near the level of 46100$, it will be possible to connect to the purchases with the targets of 51400$ and 52400$. 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
Long
by Yuriy_Bishko
21
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.
BITSTAMP:BTCUSDEducation
by Yuriy_Bishko
33