Crytotrader
BTCUSD - Top Down AnalysisStarting with the 1 hour timeframe, price-action is currently trading in a wedge formation below the 200 Simple Moving Average (SMA) RSI is also below 50 suggesting that bears are currently stronger.
Let's take a look at the 4hr.
With the 4hr timeframe we can get a better view of the wedge. RSI is below 50, and it appears price action wants to pullback to the 200 SMA.
Lastly let's take a look at the daily, the timeframe that really matters the most.
This timeframe convinces me that price action is likely to drop back down to the ascending trendline. However I believe on another retest, that ascending TL very well could break is we get strong bearish momentum. If PA breaks the ascending TL, expect 50k to be the next level of support in the days/weeks ahead.
That's it - That's all
Trade Safe
BTC got a dandruff problem?If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Head and shoulders ideas. Dont have to use all that fancy stuff... some times, some times, the old school stuff will work out too.
Cheers.
Buy Ocean Now Now On Supportocean Usdt = Buy FromGreen Line Support And Sell On Resistance It Can Now Pump From Here
Buy Your Own Risk It's just My Research
SOL: Preparing to open a short orderWe have a expanded target at around $257.
Two options for a short order:
1. We'll wait it goes down $241 and open a short order with TP at $220 and SL $245. This is a safer option.
2. We'll open a short order when it surge above trend line with the same TP's option 1 and SL at $258.
The diagonal wave is a chance to take huge profit.
Wait and see
I ANALYZE FOR YOUR COMFORT - DOGENeutral prediction, with declining trends for DOGE, who seems to have been abandoned by his "father". Musk announces the suspension of payments in Bitcoin for Tesla, and thus gives a push down the entire Crypto sector. Patience and tobacco for now .....
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BTCUSD: Sell Limit - Go onHi, my name is Shooter_Forex .
BTCUSD After retest at exactly 59000. If a return of 59000 creates a signal, you can sell. A strong or weak force must see the signal is created then.
I use the following methods:
1. Price Action
2. Supply Demand Zone
3. Risk management: Investment capital (4% / deal)
Bitcoin Signal Is Doing WellGood day guys! I am updating you all on this trade. We are still holding this buying signal, since last week. Make sure to push your SL into profit. I would say around the .786 fibonacci level or 57934.30 price level. This trade turned out to be tremendous for us and those who took the signal. We do see more bullish momentum to the upside, however, a good pullback could come. Remember to secure your bag. Be sure to like and leave a comment below. We appreciate you for checking out our post and remember, we will see you on the other side.
Rodrick (CEO)
Third Eye Traders