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Goldenpocket

Bitcoin claws back lost gains as it looks to reclaim 20MAThe range high is the November, 10th ATH of 69000 (Coinbase) while the range low is 55600. Our current weekly candle (11/14 - 11/20) high is 66300 while the weekly low is 55600. RSI has fully reset from the bearish divergence caused by the rise in price and fall in RSI from October 21 to November 10th and is currently at level 45.20 moving towards 50 on the daily chart while it's at 41.68 moving towards 50 on the 12 hour chart and at 50 on the 4 hours chart where we see a switch from bearish to bullish MACD. The RSI on the 12 hour chart foreshadows a potential bullish crossing of the MACD and Signal line which indicates the possibility of rising price action. This portends the price moving upward towards the resistance at 60k and potentially retesting the 20MA. As always do your own due diligence. Not financial advice.
COINBASE:BTCUSDLong
by HelioHelix
KEEPUSDT 6H long setup; Bullish cont. after finished pullbackTA explained KEEP seems to be ready for a next leg up. Pullback was completed when bouncing from Golden Pocket level and previous top (lowest green dotted line). After the bounce the 6H (and 4H) 50MA got broken strong and is retested right now. Trade setup Best entries: 0.6847 - 0.7325 TP1: 0.8442 TP2: 0.9774 TP3: 1.1733 SL: 0.6238 RR: 5.52 Max leverage: 1 ————— MDSquared Crypto Lounge ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
KLong
by MattieDsCryptoLounge
1
SKLUSDT 4H long setup; Perfect W-formation neckline retestTA explained SKL formed a huge W-formation and retested the W-neckline on the pullback. Price is bouncing on the 4H 50 MA which also aligns with the Golden Pocket. Targets align with the extended fib levels calculated from the current pullback. Trade setup Best entries: 0.329910 - 0.345500 TP1: 0.45880 TP2: 0.53836 TP3: 0.62286 SL: 0.30903 RR: 10.11 Max leverage: 2 ————— MDSquared Crypto Lounge ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Long
by MattieDsCryptoLounge
BNB Update.For BNB lovers. Looking at BNB from within the 1D time frame, it looks like a fast bullshit. The BNB trade journey has also taken the form of a large symmetrical triangle. I believe it will act as a continuation pattern. It's another feature of the MA strategy that I follow, and I think the two stochastic lines will cross soon. According to the analysis, if the Golden Pocket Zone you see breaks strongly and goes up, at least it will go up to 33% or so continuously. Both futures price caps are clearly marked, and if BNB prices drop below $ 380, this analysis will invalidate.
Long
by shaviYA
BTCUSD one last breath at major support! My overall bias has been bearish but having said that I trade level to level, day-to-day, and will change my mind if we invalidate key levels to take us out of the current bear market. BTC is showing bearish momentum and a very bearish market structure but that does not mean we can't look for longs. After the perfect .618 golden pocket rejection at 48k, we now have everyone in panic so this would be the best time to take a nice, fat long again. We're almost at critical support and it will be thoroughly tested IMO. What I can see coming up is a nice swing long at around the 38.4k range. Looking at TA: We have the golden pocket (yellow lines) of the ENTIRE uptrend. There will be tons of buyers in this range from 37.2k - 38.5k We have a daily level (blue line) of 38.1k Fib 1 - 1 extension (red line) gives us 38.4k for the move down and this typically gets completed as such. 4H - 8H RSI is very, very low and this suggests we've got more room to drop from where we are. Daily hidden bullish divergence if we maintain the 38k level and don't take out the wicks. I think we'll be bouncing in this channel I have created. We're currently halfway through. I'll share some more ideas below in the comments! NFA. Good luck!
BYBIT:BTCUSD.PLong
by christophergeeltrader
Interesting confluence for BTC around $23.8K Fib + CME GapRecently found some interesting confluence around $23.8K for BTC. If you like this let me know, or why you disagree. The entire Global Fib "Golden Pocket" from Bitstamp, happens to overlap with the largest remaining CME Gap yet to be filled from Dec 2020. Fib extension from the very top has a 2:2 smack in the middle of the overlap, as well as a 1:1 Fib extension from the local price action. Will we reach this level before rising back into a full bull market? Personally, I believe we will.
BITSTAMP:BTCUSD
by DestinyJV
4