BTSUSD get to 5800 ???After analyzing BTCUSD, we see that a month ago the price reached the lower level of the channel, after which Bitcoin reached the upper line of the channel and made a false breakdown to the upper resistance line. Now the price is at the intersection of two resistance lines, one of which is strong. In addition, analyzing the chart for a long time, we see that the trend is falling. Therefore, at the moment I expect the BTCUSD to fall to the support line ≈5800.
Btsusd
BTS/USDT TA Update (bullish breakout?)BTS/USDT
BTS finally changed the 4H trend after breaking the trend-line resistance and making its 1st Higher High.
We can see a bullish MA cross and the RSI trading above 50 condition level. If a pullback is going to happen,
the area between 0.01600-0.01440 must be defended to keep the strong bullish momentum otherwise
an equilibrium play is going to play-out which will take a longer trading action. No red flag today, market bias is to the upside.
BTS/BTC TA Update (Early sign of Bull Breakout?)BTS/BTC
BTS is starting to show some sign of potential bottoming as the volume is increasing, the price is testing the 50D MA as well.
If BTS fails to break 50MA, I'm eyeing for a pullback at the key support area. This key area must hold and consolidate for at least 1-2 weeks
to provide a decent amount of trading activity to keep the price within the range for the breakout of this bullish descending channel.
BitShares Complete RetracementHuge retracement.. Looks overwhelmingly bearish for now.. Whales may capitulate on this uncertainty within the market
BITSHARES Technical Analysis - BTSUSD - 850% Profit Expected...BITSHARES Technical Analysis - BTSUSD - 140%-850% Profit Expected
Big Trade Coming For Bitshares ... 8x - 9x Gains Expected.
Based on AB=CD pattern, Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
For Bigger Time-Frame
Target Profit Range - 0.036 - 0.114
(140%-850% Profit Expected)
TP - 1 - 0.036
TP - 2 - 0.053
TP - 3 - 0.079
TP - 4 - 0.066
TP - 5 - 0.095
TP - 6 - 0.114
Buying Zone! Long Position
Early Entry Trigger Point - 0.013 - 0.015
Ideal Entry Trigger Point - 0.010 - 0.012
***If you want to get in this trade from this point 0.026 you can still make 38.5% profit till TP1 is reached. There is a very high probability that price may continue to move upwards before it moves downwards towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Short-term Trade- 1hr- chart
I see a possible move going upwards and may hit 0.035 or it can even touch 0.04 mark that's why I have mentioned the points in a chart for a short-term long position too. As it's a short term risky trade, it is highly recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow, If you agree with my analysis :)
BITCOIN BTCUSD LONG 1 HR Hello to all watching my charts
Here is try to visualize my Resistance / Support trading
In 4 Steps i have shown in the chart.
In addition my channel system shows also trend to long which
is easy to see.
If the support holds at 8200 i exspect higher prices here.
Good trades
Renkotrade
After all is BTC break triangle???!!!I think BTC have been performing a symmetrical triangle. this triangle consists of 120 candles, so 90 bar needed to break one of those trends. A break of the downtrend is very strong. if it happen, can go up to 12k and then pullback to about 10k and under it and then rise to about 16k. if it breaks the 9k support, can fall to 7500 or even 6000. what is clear is that we should hold and see what happens in next days...in fundamentals because of BTC is safe assets for people (like GOLD), then in Wednesday if federal reserve decide to reduce Funds rate then BTC can go up, of course if FOMC chairman Powell don't any other decides!!!... so let's wait and see what happens in next days...
It's time to Bit(Share) the joy. BTS/BTC 1000%+ potential gainThis is going to be little bit of a different trade and will incorporate the same idea on my recent long time frame NANO trade I placed.
As you might've noticed, I've been sharing trades that in general have a very short time frame of selling. Get in, take the profit 5-20% and get out. We did this on BAT/BTC twice, ARK/BTC, VTC/BTC (This trade is still active) and NANO/BTC (Trade also still active). This trade will be different.
We will accumulate from 400 sats all the way to 150 sats if the price keeps falling. BTS has shown a very large correction and is one of the older cryptocurrencies.
Short term, it looks okay, but we are not here for the short term. We are projecting the price movement of this coin in the next 3-4 months. The targets are drawn on the charts. I believe this coin can easily go 1000% if not more according to my chart. Weekly RSI is looking extremely oversold and we are on one of the last support lines for BTS and very close to its all time low price in terms of BTC.
Considering that this is a longer time frame trade. We need to be patient with the price movements and take profits all the way up. We will not bother ourselves with 10% price movements for this trade.
Bitcoin - Counterintuitivity ~ Trade Set-up 8/28/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Btc Long Setup H4 timeframe (update)Here we go again.
Bitcoin broke through the daily trendline and found Support at the 9530$-9630$.
Retested the daily trendline, short orders increased and led to another drop around the
9530$-9630$ region. After that it appeared a big bullish 4h candle which had a closure above the
daily trendline again, but also broke out of the range, in which it was stuck, since the 11100$ mark.
Now we can consider long trades. I expect a quick drop to the 9800$ region, to fullfill a retest of the freshly
broken Range.
Im going to open a long position at the 9800$ region, to catch a nice entry. If the range retest does not happen,
i am just going to wait for the next oppportunity.
In my last post i mentioned, that i am not going to rush into any trades. I hope that you can see now, why i am
patient and await the right opportunity to minimize my risk.
Last but not least, never forget that cryptocurrencies are a complete different market to trade in comparison to
forex.
And never risk more then 1% of your capital!
BTCUSD (6h): Simple W-Formation ahead!Maybe it's easier than we all think. And we could have a simple W formation ahead. Many expect Bitcoin to fall further. I might be. But there are still many indicators, speaking for bullish. Many people wish to be able to buy cheaper Bitcoin. I see a bottom here, max. a little bit lower. So we have now a good buying zone. After the W formation we can see a sharp drop or bitcoin goes up to 15K.
Let's see what happens. Happy trading. :-)
BITCOIN, SELL entry after pullbackBitcoin can make drop down to Range Zone.
The price had a long growth from 3200$ to 13880$ without deep correction.
Big players need to take their positions before move the price on long distance. They need to harvest stop losses and push the price down to buy this instrument cheaper and after big move up to sell it more expensive.
Best SELL entry will be after pullback to Sell Zone.
The ramblings of a wannabe trader #184KRAKEN:XBTUSD - Do patterns stop playing out once they are identified?
In one of the concepts of multiverse, every action branches out into it's own universe thus creating gazillions of parallely exisiting universes.
I'm wondering what if, my identifying a particular pattern in this universe, results in creating an alternate universe, where the pattern actually plays out!! Hmmm... That would make me a famous trader in that universe!! Does it mean my alternate version just got a free pass, upon me publishing this chart right now? Is this what "they" call "luck"?!