Trade setup on 💰Bitcoin for "Swing Trader".Trade Setup for "Swing Trader" :-
Plan (A):
Sell 9692-9780 nearby target as 8874-8838 and 8842 nearby
If you can chance, then
Plan (B):
Sell, 10086-10333 nearby for target 8874-8838 and 8842 nearby
The U-turn (at 5th wave) clear on Projection in next month. We'll in down-side trend before the starting next month.
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======================= Replay (last worked) ======================
Trade-bitcoin
Tradeble Wave Trade-Setup with both side of consideration.......In-case of price is going cross LH 8952, we can see below projection:
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LH 8955 below, keep continue selling, if reversal exist then price must cross this level above.
Trade Setup:
PLAN (A) : Sell below 8955, for first T 8647 nearby and T2 8459
PLAN (B) : Buy in pull-back if price cross 8955 and stop-loss and target.
NOTE: I'll update if price crossover in Timeline.
Bitcoin - Getting Ready To Blast HigherHi traders.
BTC has approached a support trend line.
Believe it is time for a slight push upwards.
Week upwards target shown by red arrow.
Bitcoin halving coming up soon so price should hopefully rise.
Like & drop a follow if you agree!
Note: DO NOT FOLLOW THIS TRADE BLINDLY!
The possibility of something is cooking in Bitcoin kitchen...!All the major resistance and support plotted on the chart.
The price breaking out any of these R 9083 and R 8398 will give us new direction of trend .
The excess/penetration has been seen out side of parallel channel/value area. The price can be dump and damp between Upper Bound: Parallel Channel and Lower Bound: Parallel Channel.
Traders can trade both either buy at pepper bound or sell at lower bound until breakout the channel with confirmation.
Let take a closest look with different angles:
Very Low Volume
Narrow range in price with series of almost no body of candle.
price rotation
remarkable point: price falling with vol. volume before the price rotation.
---> You will get big move shortly with volume surged .
Breakout will give you a truck of money...! Yes,...It is taking more to develop value area. Money can be poured into your home by filling the sack but the right timing ad correct interpretation will give you by patience. Just wait for a breakout and focus on volume .
"Just as it takes time to make/develop something happens, it also takes to break it. This statement also applied to bitcoin."
The price will also hold or take time to fall therefore forecast of a future move in a forecast of a future conspiracy.
We are on the radar of the U-turn cause of channel.
Seeking a clue for breakout and direction, Bitcoin chart!Hello! Friends,
I came with new research an idea but, before to start talk about technical Let's share your LOVE by giving me LIKES and COMMENTS . Thanks in advance.
Till trend is up in other timeframe so, 10% higher chance to move up the side.
seeking a clue for the time of breakout and direction.
The consolidation will continue until we didn't get test of money makers.
Don't take any position: See k first to understand, then to be understood.
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"" Intraday(30min charts) CHART ""
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Presently Bitcoin price is following parallel channel on 30 minutes timeframe chart:
Target was achieved.
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"" DAILY CHART ""
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PART (i):
Wave Theory
This is the only chart which is looking for a downward move. ..!
PART (ii):
We have seen upbreak as expected.
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"" WEEKLY CHART ""
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PART (i):
Till not found any -ve sign on weekly chart of patterns:
Relation of Cong estion vs. Volume exa mination:
Herein, 4 CONGESTION found throughout VOLUME declined. 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs.
All the Congestion has low volume and after the breakout, we are seeing a single directional move.
If we are at the CONGESTION phase, we will see a surge in price after the breakout. In the current case, we have more volume compared to all other Congestion phases.
PART (ii):
Following patterns has been detected-:
initiative movie
two triangles
rounded move with low volume
tails (while u-turn )
Bitcoin is trading in Up-Wave .
Parallel Channel proved its important, Bitcoin Kinnari_PrajapatiHello! Friends,
I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS . Thanks in advance.
Bitcoin is following channel which was drawn by me on 11th APRIL (I will put the link and result bottom of the page)
The breakdown point is important for long traders. I will update the new trend after breaking the breakdown. A trader can by BTCUSD at value.
=> In the last posted idea, many traders were asking "to buy bitcoin" and my replied w as:
Buy Bitcoin at gravitation line and at the value low. This bounce is exactly from Value low.
The next move projected on the chart.
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"" WEEKLY CHART ""
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This is " Price Action with Volume theory".
PART (i):
Relation of Congestion vs. Volume examination:
Herein, 4 CONGESTION found throughout VOLUME declined . 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs.
All the Congestion has low volume and after the breakout, we are seeing a single directional move.
If we are at CONGESTION phase , we will see a surge in price after the breakout. In the current case, we have more volume compared to all other Congestion phases.
PART (ii):
Patterns are on the chart:-
Similarity showed by a Black circle .
Following patterns has been detected-:
initiative movie
two triangles
rounded move with low volume
tails (while u-turn )
Bitcoin is trading in Up-Wave .
PERFORMANCE Of Bitcoin link:
STRUCTURE SHORT Lovely Lola here with you again with a technical structure Litecoin analysis.
Having taken a look at multiple timeframe I came up with this structure analysis.
The local uptrend in a channel, with a sub-UPTEND in a smaller channel below, which acts as a massive support.
The two circles indicate Ltc behaviour near the lower channel and the rectangle indicates the area of enering into the short trade, after the circle behaviour plays out.
Like comment subscribe and share!
Take care,
Yours truly
Lola
Idea for Planned Trade with Risk ManagementOther than a small HODL bag I am in USD waiting to buy on break out above 10540. Might take some profit in the 10900 range if it struggles. However I am hoping for a straight shot to 11500 in this scenario. Honestly if we go down from here below STOP range I don't know if 10k will hold again. If that happens I will wait, reflect on my life, and most likely be buying on trend reversal somewhere between 7500-8000. Happy trading friends.
Join my trading floor on Telegram and take this Bitcoin journey with me.
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BTC tradeLeveraged Short avg entry 7955 currently. Against weekly and 3D trend/signals so protective only, preserving profits. Retrace expected but not trend change.
Additional entries 7900-8100
Stop at highs. Will monitor on low TF and take hedge longs as necessary in order to build a larger short and reduce risk.
Target 7100 or lower
BTC/USD completes downtrend?On the weekly chart you can see a certain picture:
- 200 MA Took all the hit and became a big support in this downtrend
- The shape of the descending triangle almost perfectly played itself, not having worked just a couple of percent, since 200MA stopped the fall almost at the very end of the figure!
- Weekly volumes are falling, which also gives a sign that the bear market is weakening and there are fewer sellers
The best solution for this scenario is to re-test the support of 200MA as this will put an end to the Bear trend and will give the opportunity for the start of the bull ralis and new heights! Now the important point is the support of 0.236 for fibonacci, punch it means we are going to repeat the test
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BTC/USD indicator say $3000k?As can be seen on Bitcoin's monthly chart, the indicators still need to descend to the bottom, and if you draw a parallel with the beginning of the indicator and its current position, then the indicator still needs to go down by 58%, which in the price range is equal to the price of $ 3000-3100.
But we also went above this mark, which could mean either now, or catch the price of $ 5000-3000, but MACD say SHORT!
You can find a top inside new at www.dabinside.com this platform the first or at telegram channel: t.me
SHORT. AGAIN. 3100.2800 Final destination.People this triangles keeps forming and forming . maybe 4100 or 4200 first to get high lev bears out and then down. again. no signs of this bear market is done yet.
My final destination to this is 2800 or 1800 when i will stop trading and start just buying in cash but not longing just in case.
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LONG Bitcoin to 7000 SHORT TERM TRADEYou can see on the 1hr chart that there is a flag and pennant forming, and based on the martin trendline indicator it's been validated as bullish throughout the formation so i think we will see another spike up of a similar amount or magnitude, ~$300 like the previous jump from 64 to now at 67. You can also see on the volume oscillators spikes supporting the bullish price move.
Not sure how long this bullish momentum will carry on but a good time to reevaluate is 6900-7000 and watch for any red candles on the martin trendline, which would indicate a reversal most likely so stop loss at 6681.
Taken in the larger context we are approaching a long set upper parallel with the flag and pennant which i think means we are going to have a breakout from the upper trendline. Or we could get rejected and be heading down with a loss of $22.3. Based on a $1000 account with 100% risk, Risk/Reward ratio is 8.72x so your risk is $22.3 and your potential reward is $281.
Bitcoin's price the following months - It's all going down.Bitcoin have ever since 2017 September, when the actual bullrun started, followed a certain pattern. This is a pattern of a bubble, and the closest resemble to the BTC chart we have is the dotcom bubble. If you compare them side by side you can see BTC is following the dotcom patten exactly alike. This makes us believe it will continue to do it, and if that's the case we will bounce back up hard when we hit 5.5k, because that means we are double bottoming the sell off in 2017 November.
So the targets are like these:
Target 1: 5.5k
then bounce up to
around 9k
then drop down to 3.3k
Give me your ideas.
Ethereum Classic - End of Bear MArket ^Ethereum Classic^
1.The major bear market trendline has broken out and is now retesting the zone of support and has made a good green candle on an intraday basis.If prices persist and head higher we could be in for a 40$ plus range in the coming quarter.
2.A major bullish sign can be seen in the price rsi divergence which signals a bullish move is brewing and we could be in more a major pop.