BTCUSD somewhat bullish movement..It looks like we've been denied by 50 day EMA on 15 min chart but we got through.
What now?
Probable bullish movement till the area of 9970.
Then we will get resistance by:
50 EMA on 15 min at 9975,
100 EMA on 1 h at 9980.
What if it will not stop BTC?
Then we meet another resistance at 10140 and 10330 and of course let's not forget about 50 EMA resistance on 1-day chart at the level of 10100.
If the price will not cross 10140 and bounce down, we might open the SHORT position.
That's my plan, what's yours?
Disclaimer:
This is just my idea, not advice.
Make your own research before you place any orders.
Short-term
Bitcoin: even lazy didn't notice this!Well, looks pretty good setup here, bullish Inverted Head & Shoulders on 60 BTCUSD (XBT).
This bullish signal coming from last week, and everybody already noticed it and crypto-usd market look bullish again.
First entry was at 9200$ and second at 10300$. Price remain bullish until breakout from 9989$ and 9300$ as confirmation.
RSI under 40, but means nothing for this moment.
USD/JPY deciding it's next target!FX:USDJPY
Now as per looking to the fundamentals DXY is going in a bullish momentum so we need to wait for this pair until it
give us a solid confirmation.
Also keep in mind that breaking the line(green) would be beneficial for shorting for short term.
Always execute the trade after a break out , not before it.
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BTC BTCUSD Three Drivers w/ Triple H&S so far? Crazy right? v2.4The most important thing is not to panic.
Right not we are in line with 200 EMA and that's fine.
We've been here many times recently (yellow lines).
We got our stop loss so we are safe.
4h Heikin Ashi candles show are still in the bullish so now it's time to be patient
This is just an idea, not advice.
Make your own research before you place any orders.
BTC BTCUSD Three Drivers w/ Triple H&S so far? Crazy right? v2.5We actually might have much bigger left shoulder than I expected!
The most important thing is not to panic.
Rinse and repeat!
Taking a loss on v2.4 but the price actually stopped, which opened another LONG opportunity.
50 MA and 200 MA actually split, thanks to that drop so we might be able to breakthrough.
This is just an idea, not advice.
Make your own research before you place any orders.
BitcoinBitcoin reversed from 9200$ yesterday and completed wave C with bullish divergence on RSI.
Noticed this reversal signals in previous Bitcoin update here:
Now we can wait for continuation of trend here as it broke downtrend channel after bullish divergence between 9890$ and 9081$ levels. RSI reversed on 24 and now heading up to overbought region.
Kama Trading System v1.2 updateThe short trade of the previous update has been closed at even without losses, another short trade closed right now at profit.
The exit logic is simple, in case of a short trade the exit point is the perforation of the first support area, in a long trade at the breakout
of the first resistance zone. Same for the entry, when price crosses above the support level there is a buy, instead with a cross below the resistance zone there is a short sell.
In a couple of weeks, if it'll continue to perform well, i'll publish it.
BITCOIIN FREE-FALLIG TRENDI'm still short on Bitcoin until we reach 6500 level. Plan to short more when we reach 10000 and 10500 levels. I chatted 2 downwards trends for some reason. Please not this is not a trading advice its just my traded idea. If you don't have open shorts just wait till 10500 level or you will be slaughtered.
Still inside short term price bandsBitcoin tried again to move under the support area but failed, however if there is an increase in volatility, let's say an increase of 100%, the support level at $9700 would become $8600.
You can try by yourself increasing the BB DEV parameter of Kama v1.22 indicator from 20 to 40.
The Kama average used in the chart has as parameters:
BB DEV 20
BB PERIODS 500
LENGTH 20
WTC/BTC 4 hour chart bullish looking to retest 26k sats the charts looks bullish for a potential retest of 26k sats short term
BTC, in Wave-4, Bullish in the Short Term.Hi guys,
Pretty sure I was wrong about the larger diametric. I think this makes more sense overall, we are probably in an X-Wave, and this is potentially Wave-4 of the first leg of the X-wave. Should head near the high of the run again, then head downwards for a while for Wave-C of Wave-4 (see chart). I will include a larger picture of what I think potentially may be happening for BTC, but I doubt this is the bullrun still, and still guessing at 2022 for the final end of the correction.
This is forecasting pretty far into the future, and there are a lot of potential pitfalls and conditions here, so I'll have to adjust as the chart plays out. But as for now, I think this is one reasonable interpretation of what's going on.