Bitcoin #btcusd #xbtusd- Pivot or R2, decide.If you look at these support / resistance lines, it becomes clear we have two trading ranges for today that gives us a total volatility of roughly 23%. Remember the month is soon over and leaving this area becomes more unlikely. We should see some sort of movement soonish (latest tomorrow) within this borders. Keep an eye on the break-levels (all red). Pivots are always good targets and new ones will pop up in less than 48h.
*Always set stops. Dyor. No financial advice.
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BitMEX Ref-Link for 10% Fee Discount the first 6 months: www.bitmex.com
Leverage
XBT-USD Long Trade PlanCommodity : BITCOIN
Trade Type : LONG
Trading Against : USD
Exchange : BITMEX
Entries : Double-UP Entries throughout both the Buy Zones
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-7 Days
LTCM19 - LONG 5x Falling wedge, good entry, low risk.NOTE: People on twitter are misleading folks into thinking their current Litecoin balance is literally going to be halved, magically losing 50% of your stash, which is utterly false. The Litecoin halving just means block rewards for miners will be permanently halved on the confirmed date. It doesn't affect you, just miners. If you want to learn more about halving regarding bitcoin and how it affects the price, check out related ideas.
Exchange : Bitmex | Margin Trading
Trading Pair : LTCM19
Position : Long
Leverage : 5x
Approx Risking: 4.5%
Approx Reward: 13.5%
Risk/Reward: 3
STOP LOSS: 100% @ 0.012891
Approx Entry AVG: 0.013507
Entry 1: 1x @ 0.014095
Entry 2: 2x @ 0.013835
Entry 3: 6x @ 0.013552
Entry 4: 18x @ 0.013179
Approx Exit AVG: 0.033829
Exit 1: 25% @ 0.014548
Exit 2: 25% @ 0.015001
Exit 3: 25% @ 0.015453
Exit 4: 25% @ 0.015736
Reasons to enter (Prioritized from most to less important):
1. LTC Halving = less supply + same if not more demand which equals pump
2. Falling Wedge normally means it will pump and create a market reversal
3. Previous support should hold when the falling knife hits, if not, stop loss will be triggered only losing 4.5% max
TRXM19 5x Long, 2 Triangles + support.Exchange : Bitmex | Margin Trading
Trading Pair : TRXM19
Position : Long
Leverage : 5x
Approx Risking: 3.7%
Approx Reward: 13.7%
Risk/Reward: 3.7
STOP LOSS: 100% @ 0.00000338
Approx Entry AVG 0.0000351
Entry 1: 1x @ 0.0000362
Entry 2: 2x @ 0.00000360
Entry 3: 6x @ 0.00000357
Entry 4: 18x @ 0.00000348
Approx Exit AVG: 0.00000399
Exit 1: 25% @ 0.00000377
Exit 2: 25% @ 0.00000390
Exit 3: 25% @ 0.00000411
Exit 4: 25% @ 0.00000427
Reasons to enter (Prioritized from most to less important):
1. Broke Support. hanging on the purple triangle as a support
2. If it breaks, it will most likely follow the teal falling wedge/triangle
3. Should hold next support. Stagger all the way down.
[XRPM19][LONG][7X][286.93% ROE] Ripple Bullish on BitMEXHere is our new Ripple (XRPM19) full trade.
Wishing that you enjoy it and collect great profits.
Remember to hit like and show us some love and support.
For experienced/advanced traders only.
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Trade: LONG XRPM19
Leverage: 6X
Buy-in: 0.00004950 - 0.00005090
Time frame: 1D
Targets:
(1) 0.00005500
(2) 0.00005900
(3) 0.00006400
(4) 0.00006680
(5) 0.00007120
Stop-loss: Close daily below 0.00004580
Liq. price: 0.00004335
(Buy-in calculated at 0.00005050)
Potential profits: 286.93% ROE
Capital allocation: 4%.
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Thanks a lot for reading.
This is not financial advice.
Namaste.
My 10X leverage systemThis is the results of my trading with my 10X leverage system I will at some point start sending the alert to twitter or discord when i go long and short. I am currently up 13X from the beginning of 2018. This is a fresh start so everyone can see the results from a starting position.
Long and short profits using MrEther indicatorI am currently posting long and short trades on twitter for several coins @etherhodler. Working to automate the tweets through gmail. Any interested parties can join in on the XBT trading by donating to the btc QR address on twitter. Your percentage of donation will be your percentage of the profits. Nobody has access to the private indicator as of now. Indicator subscription to come in the future.
You will not survive! GREED and STUPIDITY go hand in handTo long term success is this business you have to avoid using too much leverage! I recently did a challenge to see if I can actually make money with $20. The result of that was not so great ,and the main reason was because I went in too big.The fact is that making money with a small capital is very hard.For one you won't make much an any given trade. Second, you will probably want to use more leverage because it's such a small capital. Let's all admit leverage will kill you no matter how much capital you have.
I would say that trading with a very small capital is not worth it at least not as low as $20. I believe that saving at least $1000 to get started is reasonable.This way you can avoid using too much leverage and also have the possiblity to make some decent money.Don't get me wrong I'm sure someone has made a lot of money starting with a very small capital, but that's very rare it's like winning the lottery.
Have you ever heard of a trading going from 100-10,000 in a week? Well most likely that trader went back to zero. Why? I will tell you why because trader's like that usually use too much leverage, and when you use too much leverage you can't have any consistency.Most of the time their account can go from 500 to 1000 then back to 400 and then back to 1,200 and so on. This is a horrible way to trade because you will start to have fear, live off hope, and be very emotional.Having too much leverage will test your greed level.The more greed you have the more leverage you will use.
Now, let's talk about entires it's a good thing to have good entires in any given trade. We also know it's impossible to have PERFECT entires 100% of the time because markets are unpredictable.For example trader (A) can have great entry using a lot of leverage, but the pair spikes up resulting in the trader blowing his account. On the other hand trader (B) didn't use much leverage so he was able to hold on until the trade came into his favor.When you have such a small capital you really don't have much of an option but to use a lot of leverage this is another reason to wait and save instead. We see it all around if you over leverage in real estate, in business, or anything you most likely will lose.
Quote:"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."-Jesse Livermore
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Bitcoin Cash (BCHM19) Trade Setup (60%+ ROE on 7X)Bitcoin Cash (BCHM19) Chart Setup
All details on the chart.
Leveraged trading is high-risk, not recommended for beginners.
For experienced/advanced traders only.
This is not financial advice.
Here you have my chart for Bitcoin Cash (BCHM19) on BitMEX.
Quick chart signals
Trading within an ascending channel.
Bounced after reaching strong support.
Touching the lower end of Bollinger Bands ().
If you want to see the full trade details for BCHM19, make sure to hit like. If enough people hit like we will share buy-in, targets, stop-loss, and additional information.
Thanks a lot for the support.
Namaste.
If close above 7050 $ in May, then 100% we in a F*** Bull MarketBelieve it or not, it's that EASY!! If we manage to close above 7050$ threshold, then definitely we are in a long-term bull trend. After confirmation on (1-June), I will start longing with many Bitmex accounts for BTC.
Imagine this scenario with me please, if btc closes above that moving average line especially at the monthly time frame, it means that price will at least keep climbing up creating higher highs than the previous bull market in 2017. The trend will keep pushing btc price to a new level; potentially for 100k-200k levels :O!!!! yes this is only if btc considers doing 50% from price percentage level movement from the last bull trend, if the same bull market happens again, btc will easily be at 350k $ level!
That's why Longing from 7-8k will be really a life-changing chance, what about longing 3-4 btcs for a long term? this will be the easiest 1 million you created in your life. So please take some responsibility and change your & family life. Period.
GBPJPY DAILY PERSPECTIVEGBPJPY Daily
Price pulled up and created a new possible lower high while also rejecting from key 61.8 fib retracement.
As of now price will need to break or bounce from 145.00 support.
A break below could lead price towards 144.00- 143.00 support region.
A bounce from 145.00 support would need to see price break above descending trend line in order for bulls to gain control.
Overall my bias is leaning towards seeing price stay below Trend line and break below 145.00 support.
AUDUSD D1Waiting to see AU react towards this demand region around 0.7000 - 0.69800.
Overall momentum on this pair is heavily bearish however we may see some type of retracement towards 0.7100 before the next scenario.
Patiently waiting for price to bounce or break.
USD High Impact news Today at 5:30am PST
Cardano (ADAM19) Can Bounce Here, Support & Resistance LevelsLooking at Cardano (ADAM19) on BitMEX, I am seeing a potential bounce that can happen here.
ADAM19's retrace has been speeding up until it finally found support and a bounce happened around the 0.786 Fib. retracement level from the last bullish wave.
This is a strong support zone and a bounce can happen here even if Cardano is to continue with its retrace after it.
We also have:
The RSI is coming out of oversold.
The MACD is showing a bullish crossover.
Trading above EMA10.
Hit like if you want to see more about Cardano and other BitMEX futures contracts charts.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Rising Wedge Long BTC - Custom Longs/Shorts IndicatorCheck out the ALL Longs vs Shorts Indicator, Click Here
It can display any pair's Longs/Shorts on BitFinex
The amount of Bitcoin short positions on Bitfinex fell by 20% this morning following a 6,500 Bitcoin short order being closed.
Usually a move of this magnitude would move the Bitcoin price up, but it didn't break $5,350 level of resistance.
The lack of price action could be attributed to a hidden sell order being placed, which would mean that in spite of the $34 million short position closing, price would remain pegged to the hidden order.
The amount of long positions on Bitfinex did increase from 23,800 to 26,000, which could suggest that a trader flipped their short position to long as a result of the ongoing market rally
finance.yahoo.com