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Bitcoin (BTC) - August 7Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The 22751.0 area is an important section that needs support to continue the uptrend. If a decline from 22751.0 finds resistance, it is expected to lead to further declines. If it finds support and moves up near 22751.0, I would expect it to move towards 25459.8. On the 1D chart, the trend is maintaining an upward trend. I added a trend line, but you can tell it's on an uptrend just by looking at it. You cannot trade on trend lines alone. The reason is that it's a diagonal line, so it's hard to find support and resistance points. The trend line is where support and resistance are difficult to spot. However, by drawing a trend line, it is only clearly distinguished whether the current trend is in an uptrend or a downtrend. The reason why I don't draw trend lines is that MS-Signal indicators are replacing the trend lines in our chart. To trade, there must be support and resistance lines, i.e. horizontal lines. The support and resistance lines are the line drawing you start to learn after the MA line when you start studying charts. However, if you are unfamiliar with charts, drawing support and resistance lines is not difficult, and you do not trade with those lines just because you have drawn them. The reason is that he is such a support and resistance line, but he does not believe in it. The reason I do not believe is that when I draw the line, I look at the arrangement of candles and draw with a subjective opinion rather than drawing on an objective basis. Anything drawn as a subjective thought needs to be objectified because it is not easy to use once you start trading. To be objective, it is recommended to give confidence in the support and resistance levels by using indicators that have been used in the investment market for decades. From that standpoint, we are using indicators in charts. The only indicators drawn for subjective judgment in this chart are the Fibonacci Retracement Tool and the trend line. The Fibonacci Retracement tool can be drawn by specifying two or three selection points. It makes a huge difference where you place this selection point, so be careful when using it. The trend line is drawn by specifying two random selection points. This is also only for identifying the trend as it is drawn based on subjective judgment. By drawing a box on the 22570.6-23257.6 section and the 21481.1-21826.1 section, you can see that the support and resistance sections are separated. After drawing support and resistance lines, most candles are said to be either resisting or supporting depending on whether they move below or above that line. No need to try to draw 100% accurate support and resistance lines. This is because you cannot draw 100% accurate support and resistance lines themselves. Support and resistance lines are automatically created on this chart. Indicators that are creating support and resistance lines are the HA-P and MACD-P indicators, which have released formulas. The trading strategy required for trading must be created by you. Otherwise, the trading strategy will be useless when the trade starts and the price becomes very volatile. The reason for analyzing charts is to make the necessary trading strategies for trading. Even if you are not good at interpreting charts, if you have a well-thought-out trading strategy, your chances of winning the trade are quite high. trading strategy is - Investment period - Investment scale - Buy and sell strategies, etc. Before you start trading, you should think about your trading strategy. More details will be provided whenever the opportunity arises. ( 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. Expect to find support and resistance in the four box sections. On the CCI-C indicator, if the CCI line remains above the EMA line, it is likely to move higher. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Bitcoin (BTC) - August 6Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K The key is whether it can rise above 23266.90, the point of the published MACD-P indicator, to receive support. (Among the published indicators, the MACD-P indicator and the MS-Signal indicator combined are the MACD-T indicators.) (1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. You need to check if you can climb more than the 23175.25-23414.04 section. If not, you should check to see if it is supported on the 22579.68-22753.10 section. - In the CCI-C indicator, the CCI line is moving upwards above the EMA line. Therefore, if the CCI line remains above the EMA line, it is expected to rise. - However, if the price does not rise above 23414.04 and the Stoch RSI or RSI enters the overbought zone, the uptrend may be broken, so we need to keep an eye on the situation. So, when you break out of the oversold zone, you should check to see if there is support near the 23175.25-23414.04 zone. ------------------------------------------------------------ -------- ** This is part of yesterday's update to the BTCUSDTPERP chart. ** When the Nasdaq Index decouples BTC and causes the Nasdaq Index to decline, it does not mean that the BTC price will continue to rise indefinitely. The maximum climb is expected to be the 27K-29K section. The reason is that the flow of funds between USDT and USDC shows a decline in the gap. Therefore, it should be considered that BTC price is in the rebound section of the downtrend until it is supported by rising above 29K, i.e. 29840.6. Therefore, I think it is necessary to increase the number of coins (tokens) held for short-term trading until it rises above 29840.6. If it rises near the 27054.1-29840.6 zone or falls unsupported in that zone, the downtrend is likely to accelerate. Therefore, if it is resisted and falls near 26574.53, Stop Loss is required to preserve profit and loss. Stop Loss to preserve this profit and loss should proceed by securing cash that can be purchased additionally when the price falls. Therefore, if you sell 100%, you may not be able to make a proper judgment due to psychological anxiety depending on the price volatility, so you should think about alternatives in advance. If the downtrend accelerates, I expect to touch the 13137.51-15916.68 zone. From a mid- to long-term perspective, it is recommended to increase the number of coins (tokens) you have. Therefore, the above discussion is based on this point of view. If you increase the number of coins (tokens) instead of cash income, the purchase price becomes 0 for this number of coins (tokens), so when you start buying later, you will be able to reduce the psychological burden of buying. For this reason, I said that it is better to increase the number of coins (tokens) rather than cash income. In order for a full-fledged uptrend to come out, I think it will be possible by maintaining the price above 29812.52 or by falling to the 13137.51-15916.68 section and moving sideways. In any way, from a mid- to long-term point of view, a trading method that maximizes the number of coins (tokens) you have is absolutely necessary until a full-fledged uptrend occurs. I wrote this in the hope that the above information will be helpful according to your trading strategy and trading style. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
3
Bitcoin (BTC) - August 5Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The 22751.0 area is an important section that needs support to continue the uptrend. If a decline from 22751.0 finds resistance, it is expected to lead to further declines. If it finds support and moves higher near 22751.0, I would expect it to move higher around 25459.8. The big trend is maintaining an upward trend. However, if it falls below 22751.0, it will fall below the MS-Signal indicator. If the MS-Signal indicator turns into a downtrend indicator, it should be considered that the big trend has also turned into a downtrend. (For reference, sections A and B passed the MS-Signal indicator, but the color of the MS-Signal indicator did not change.) ( 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. The key is whether it can move above 22751.0. If not, there is a possibility that it will move towards the 21826.1 area. However, there is a possibility of a short rebound near 22222.2. If it fails to move above 22570.6 and finds resistance, the MS-Signal indicator on the 1D chart will eventually turn into a bearish indicator. However, it is thought that the maximum decline section is 21481.1-21826.1 section, so you need to be careful about position selection. ----------------------------------------------- (USDT + USDC 1D Chart) On July 24th, the first rise in the gap occurred after the fall in the gap. The rise in the gap is seen as a sign of money flowing into the coin market. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
2
Bitcoin (BTC) - August 4Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K The key is whether it can rise above 23266.90 to find support. The interval 27033.35-29812.52 is the interval that determines the trend. Therefore, if it falls without being supported in the section 27033.35-29812.52, Stop Loss is required to preserve profit and loss. This is because it will not turn into an uptrend and will likely form a continuous downtrend. (1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. Primary resistance: 23776.85-23901.72 Secondary resistance: 24467.77 Support: 22579.68-22753.10 The key is whether we can find support near 23175.25 and move above 23414.04. If not, there is a possibility that it will fall to the 22579.68-22753.10 section. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
3
Bitcoin (BTC) - August 3Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The 22751.0 area is an important section that needs support to continue the uptrend. If a decline from 22751.0 finds resistance, it is expected to lead to further declines. If it finds support and moves up near 22751.0, I would expect it to move towards 25459.8. The 27054.1-29840.6 interval is the interval that determines the trend. Therefore, if it falls without being supported in the 27054.1-29840.6 section, it is highly likely that the downtrend will continue, so Stop Loss is required to preserve profit and loss. Stop Loss does not mean 100% liquidation. This is a necessary measure to relieve psychological anxiety to some extent when the price has fallen, and to gain the strength to see the situation and buy when the price has stopped falling. The big trend is maintaining an upward trend. However, if it falls below 22751.0, it will fall below the MS-Signal indicator. If the MS-Signal indicator turns into a downtrend indicator, it should be considered that the big trend has also turned into a downtrend. (For reference, sections A and B passed the MS-Signal indicator, but the color of the MS-Signal indicator did not change.) Therefore, when deciding on a position, you need to select in advance how much trend you want to follow. This also has to do with the leverage ratio you choose. If you want to see the trend on the 1D chart and select a position, you need to set the leverage to x10 or less to get the strength to hold out. When using high leverage, it's a good idea to look at the 1D chart whether it's a bearish candle or a bullish candle and choose based on the shape of the candlestick. A quicker response is required when choosing a position in the opposite direction of the trend. ( 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. The key is whether the price can be maintained above 22751.0. - If the HA-High indicator creates a long horizontal line, it is more likely to decline, - When the HA-Low indicator creates a long horizontal line, it is more likely to rise. - Section A is a pattern that appears when the HA-Low indicator rises and receives resistance and shows a downtrend. - Contrary to section A, if the HA-High indicator shows a downward trend, it is more likely to show an upward trend. The HA-High index has declined, and if the price is maintained above that, it is expected to rise to the 23437.6-23772.9 section. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
btc 8-1 update ~good evening~ --- btc is starting to play out a scenario which i had shared last week - no real confirmation yet, but it's looking pretty good thus far. --- i'm expecting a stop-loss raid of all the long stops from the july 26th low, followed by the liquidation of all the range shorts before btc drops for reals. >stop the bulls >stop the bears >cliff dive. --- local bottom to be made on august 11~12th, then up to 26k into the end of this month. big drop into september. downside target at 13\14k by the end of this year. --- ps. just a theory.
by notoriousbids
2
Bitcoin (BTC) - August 2Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1M Chart) The key is whether you can sustain the price above 21475.02. Based on the 21475.02 point, it is expected to have a fluctuation range of -25% to 25% whether it is falling or rising. Therefore, it is necessary to proceed with the investment with this fluctuation in mind. I think that what you can do in this range of fluctuations depends on how much you increase the number of coins (tokens) you want to invest in. Looking at the chart as a whole, you can see that it moved higher near the previous high. Therefore, it has fallen to a level that can be said to be the bottom section. However, in this downturn, most individual investors will be reluctant to invest. For that reason, I think that the coin market should show an upward trend to some extent. I think the location is above the 29.812.52 point. A rise above 29K is expected for individual investors to move slowly. Those who mainly trade short-term will aim for altcoin circulation pumping in these market conditions. You will also prefer to invest in the futures market over investing in the spot market. However, in order to get a big profit, you need to increase the number of coins (tokens) in this market. However, if you use all your cash to buy, you will sell out when you are trying to rise under the psychological pressure. So, you need to think about how to increase the number of coins (tokens). One way to do this is to buy when the price is falling and showing support. And, when it rises above the purchased unit price, you need to increase the number of coins (tokens) by selling as much as the purchase principal (+transaction fee X 2 or more). In this case, some cash income and the number of coins (tokens) remain in the transaction fee part. You may think that the number of remaining coins (tokens) is too small, but the difference is large depending on your short-term trading ability. If you are unfamiliar with these methods, i.e., if you are not familiar with short-term trading, we recommend that you start when the BTC price drops below 21475.02. The reason is that it is a floor section that does not require Stop Loss. You never know how long you'll be using this method, so be sure to set aside some cash in installments. When you run out of cash, you'll be terrified from then on. (1W chart) As the HA-Low indicator declines, it is shorter than the horizontal length of the HA-High indicator. In order to turn into an uptrend, the horizontal line of the HA-Low indicator must be longer than the horizontal line of the HA-High indicator. To do that, you have to shake it up and down to make the HA-High indicator fall. In order to swing up and down, it must either rise higher or fall further than it is now. However, if you look at the current flow, it has fallen a lot, so I think it is more realistic to give a more upward trend than it is now. Therefore, it is expected that it will rise to the vicinity of the 27033.35-29812.52 section. Then, the decline is expected to create a stereotypical 'W' pattern. In any case, the full-fledged uptrend is expected to begin when the price is maintained above 29K. (1D chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K Section A and the current location are different. Therefore, it is expected to show a shorter decline than the decline after section A. Therefore, it is likely to find support above 22753.10 and above 60 SMA. The interval 27033.35-29812.52 is the interval that determines the trend. Therefore, if it falls without being supported in the section 27033.35-29812.52, Stop Loss is required to preserve profit and loss. This is because it will not turn into an uptrend and will likely form a continuous downtrend. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Bitcoin (BTC) - August 1Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) After breaking above the 60 SMA level, support has not yet been confirmed. So, you need to make sure it keeps the price above 22751.0. In the Long/Short-S indicator, the oversold and overbought sections of the RSI are expressed as a background color. In the CCI-C indicator, when the short-term CCI line is below -100 and above +100, oversold and overbought sections are expressed as background colors. There are differences in the trading method depending on the investment period. Therefore, it is recommended to select an investment period first and start trading before starting trading. It can be very unfavorable to look at a 1D chart and trade for same day trading. Therefore, in order to trade on the same day, it is recommended to trade by looking at the minute chart or hour chart. Determining the investment period first, starting a trade, and then changing the investment period according to the fluctuation of the price can be one of the factors that makes the trade unsuccessful. For example, trying to sail farther than your destination with a tank of oil to sail to your destination is the same as having to settle at your destination because you can drift in the open sea. In order to change the investment period during profit or loss, it is necessary to respond accordingly. In order to hold a position for a longer period of time, a split liquidation should relieve the psychological pressure of price volatility. ( 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. You need to make sure it is supported in the section 23437.6-23772.9. If unsupported, I would expect a move towards the 22751.0 area. - If the HA-High indicator creates a long horizontal line, it is more likely to decline, - When the HA-Low indicator creates a long horizontal line, it is more likely to rise. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
"the rekkoning"good afternoon ~ ---- the last month or so has been a chop filled mess. the bulls are saying the bottom is in, the bears keep getting liquidated, while i watch patiently from a distance. ---- take note of this daily rsi: once the daily rsi surpasses the level of which it was at back in march, we will confirm a significant hidden bearish divergence. if you don't know what a hidden bearish divergence is, let me tell you. h.d is a bearish continuation pattern - which means the lows will get taken out. ---- the move up has been extremely suspect to me, and i've entertained it from a hundred different angles, but nothing comes close to feeling more right than this current projection right here. ✌
by notoriousbids
1
Bitcoin | Make it or Break it..!! #BTC (Update) In Daily timeframe Chart, Bitcoin Bulls are Struggling to Clear the Trendline Resistance (24.4k) Bulls Need to Reclaim the Resistance to Confirm the Wedge Breakout & In Case of Rejection, #Bitcoin Might Retest the 20.8k Support. A Breakout and close above the 24.4k will open the Doors for a Rally to 40k 🚀 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
by Faibik
2
Bitcoin (BTC) - July 31Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K Section A and the current location are different. Therefore, it is expected to show a shorter decline than the decline after section A. Therefore, it is likely to find support above 22753.10 and above 60 SMA. The interval 27033.35-29812.52 is the interval that determines the trend. Therefore, if it falls without being supported in the section 27033.35-29812.52, Stop Loss is required to preserve profit and loss. This is because it will not turn into an uptrend and will likely form a continuous downtrend. For a full-fledged uptrend to continue, it needs to rise above 29812.52. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Bitcoin (BTC) - July 30Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) After breaking above the 60 SMA line, there has been no confirmation of support yet. So, you need to make sure you keep the price above 22751.0. To determine a position, you must first check whether the 1D chart is up or down. Otherwise, there is a possibility that the entry will be in the opposite direction. - In order to enter the 'Long' position, it is advantageous to enter when it is oversold, - To enter the 'Short' position, it is advantageous to enter the overbought period. In the Long/Short-S indicator, the oversold and overbought sections of the RSI are expressed as a background color. In the CCI-C indicator, when the short-term CCI line is below -100 and above +100, oversold and overbought sections are expressed as background colors. ( 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. You need to make sure it is supported in the section 23437.6-23772.9. - If the HA-High indicator creates a long horizontal line, it is more likely to decline, - If the HA-Low indicator creates a long horizontal line, it is more likely to rise. Therefore, the current state is more likely to rise. However, it is expected that it will lead to further upside only when support is confirmed above 23955.5. Otherwise, we expect volatility to occur when the 60 SMA line rises and crosses. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
total crypto market cap.Bitcoin longs are at all time highs, but the market continues to plunge. This could only mean one thing, they're continuing to average down. ---- There's an old saying that goes a little like: "The market can stay irrational, longer than you can stay solvent". >Once the longs run out of $, >Liquidations will kick in; >Once liquidations start spiraling, >The price will accelerate very quickly to the downside. ---- Be very cautious in the land of crypto, and understand what it is that you're getting yourself into. 💰
CRYPTOCAP:TOTAL
by notoriousbids
4
BITCOIN (BTCUSD): Very Bullish Setup ₿ After Bitcoin set a new local higher high higher close 20th of July, the price started a correctional move within a bullish flag pattern. Trading in a minor bearish trend, the market finally bounced nicely. The price managed to break and close above a resistance line of a bullish flag. It may trigger a further bullish continuation. Targets: 24,150 25,000 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
COINBASE:BTCUSDLong
by VasilyTrader
4
Bitcoin (BTC) - July 29Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K The interval 27033.35-29812.52 is the interval that determines the trend. Therefore, if it falls without being supported in the section 27033.35-29812.52, Stop Loss is required to preserve profit and loss. This is because it will not turn into an uptrend and will likely form a continuous downtrend. For a full-fledged uptrend to continue, it needs to rise above 29812.52. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Bitcoin $37,000 Target (80% on 10X = 800% Potential)Pretty simple and straight forward... How are you feeling today? Who are the winners? The winners are those who never quit; The winners are those who persist; The winners are those who can learn from mistakes; The winners are those who keep trying even after really bad days! We see Bitcoin growing by around 80% on the next bullish wave. We base this prediction on data coming from hundreds of Altcoins charts, multiple indexes both in crypto and tradfi, market cycles, fundamentals & more. We don't do leverage... I mean, we do not recommend leverage trading for beginners but we know it is a tool that can be used for profits if one has the right mindset and lifestyle. You need to be in a stable position in your life to be able to use this tool successfully. Only after you have been trading profitably for 2-3 years, spot, you can try lev. We go with 10X because the best time to go big on a LONG, is when we reach bottom not at the top. You can see the MA200 analysis with the $37,000 BTCUSD target on the chart. Thank you again for reading. I am always grateful. Namaste.
BITMEX:BTCUSD.PLong
by MasterAnanda
23