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BEARUSD trade ideas

To Moon or not to moon?- 86765 is perfect buy zone; Has plenty of support from the kijun MA, SAR and previous bounce zone. The rising clouds is also a good sign. - 89620 is the BB median value and a point of previous rejection. The presence of RSI bearish divergence before the rejection also adds weight to this number. - Presentation of two scenarios using juxtaposition of past iterations of BTC price cycle. (A) Case where resistance is shattered. (B) Case where resistance deflects and support does not hold.
BITSTAMP:BTCUSD
by fjvannini
1
BTCUSD Hits New 1-Year High: Key Support Levels in FocusHello, BITSTAMP:BTCUSD has reached a stunning new 1-year high at 89,666.00, just as expected! Now, the key question is: what’s next? Sellers are moving in heavily, but there’s no clear sign of a reversal yet. For now, it’s anticipated that the daily support structure will be tested. If the 1D pivot point acts as support, or if the strong 1D support level at 83,606.967 holds, the trend could continue upward. Trade cautiously at these elevated price levels! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
BITSTAMP:BTCUSD
by TradeWithTheTrend3344
Bitcoin hits another fresh record highBitcoin trades higher at $86,976 (+7.88%) after hitting another fresh record high of $88,480 earlier this morning. Looking at what comes next - after BTC struck a high just below $74,000 in mid-March, it then spent the next seven months winding up as tight as a spring. The election of the “pro crypto” Donald Trump last week was the trigger for the spring to uncoil and with the force of momentum behind it - a move into the low $90’s appears likely. We would also expect to see some rotation into coins like ETH which is trading about 17% below its YTD high.
BITSTAMP:BTCUSD
by IG_com
Market MoversWhat will happen when an unstoppable force meets an immovable object? -- Market Basics -- Commodities are like an "immovable object". They have no legs, they pay no dividends / yield rates. Unlike stocks, owning them doesn't give you the ability to "vote" for the growth of a company. When you buy them, you don't get a "souvenir" contract to hang on your office wall. Commodities are materials, so cumbersome that you have to store them in a freaking silo. Commodities don't expire. You can only buy them, store them and sell them. Perhaps convert them into some other material, but this is in sense a sort of selling and buying. Either we are talking about hard commodities or stocks, markets are based on the exchange of rare / (semi) fixed supply of goods. Markets is a massive supply of goods. But to dance there must be two. If there was nobody to buy and sell, then there would not be any market. Natural/abundant materials like sea water, Markets is a massive supply of traders. -- Market Patterns -- On the main chart I have drawn some colored lines. The zig-zagged orange ones (I call them springs) represent periods of accumulation (or distribution), while the blue abrupt ones represent bull (or bear) corrections. The same springs appear innumerable times in recent Bitcoin history. This cryptocurrency goes through apparent periods of accumulation (orange) and distribution (blue). All of these ovals are periods when price movement takes the shape of a "spring", and between them a short correctional move. -- Wyckoff Analysis -- Wyckoff made some observances of how markets move. Just like our previous analysis, we witness the same "upwards springs" usually seen in periods of distribution. A similar chart can be plotted for accumulation periods. -- Art of Discount -- Capitalism is the art of discounts. A shop (seller) can find customers (buyers) simply by lowering prices (and good advertising). It is the act of deliberate price change that causes market movements. Consider the following scenario. A very specific shirt from a known brand can be sold in innumerable places throughout the world. The historical price of this item is also tracked by financial firms. We consider a fixed supply of this item (this shirt is produced for one year only). Every day copies of this shirt are sold in similar prices (but not identical). A shop can make slightly better discounts to encourage buyers. Another shop in a tourist area can have higher prices due to increased demand. We realize that, while the financial firm tracks the "spot price" of a commodity, it is just calculating an "average price" of the underlying asset. -- Business 101 -- A seller will not sell lower than what they bought. Not all shops are equal. Some of them may have made a large initial order of shirts with a good price from the factory. Other ones made smaller orders with higher initial buying price. Therefore, the following table can be constructed of the available supply of shirts, based on initial buying price. 1000 shirts of $10 each 500 shirts of $11 each 250 shirts of $12 each 125 shirts of $14 each 125 shirts of $17 each IPO is the weighted average price (1000*10 + 500*11 + ... ) / 2000 = $11.1875 (notice that these prices are the ones shops bought from factory, let's say the final selling price to the customer is 2x of the prices above) -- Market Psychology -- With ample supply of shirts, a reasonable buyer will almost certainly buy the best offering they can. They will obviously buy from the cheaper shop they can find, one of the many which have prices of $20 per shirt (2 * $10). While prices are fixed, buyer habits are not constant. They will gradually exhaust the cheaper end of the supply. When 500 of the cheapest shirts are sold, the average price is calculated again. Now there are 500x10 + 500x11 + ... with a total of 1500 and an average price of $11.5833 Price before demand: $11.18, price after demand $11.58 Unsurprisingly, demand has caused prices to increase. Of course this change is not linear. Shops which bought at $10 and have many sellers, will attempt to increase prices from strong demand and increase profits. Price increase will inevitably result in lower demand. The inevitable crash will follow. Demand has vanished and prices abruptly crash. This happens when all $10 shops reached the selling price of $11 ones. A rapid correction back down to $10 follows. A chart of Bitcoin is shown to demonstrate this oscillation. -- End of the Road -- The exact same happens in periods of accumulation in the end of the cycle. In the initial period of market cycles, prices have their lowest price, in the end the highest. (this is not always the case, but it is always the target) When most shirts are sold, all shops are still working, most of them have supply in hand, and selling prices have reached $34 (2x$17). It is then when the most expensive of shops have their chance to make their target profit. Prices have gone so high and the new season is right around the corner. We have reached a dilemma. We cannot increase prices much higher because demand will not show up. If the most expensive of shops cannot reach their target price of $34, they will definitely have to make $17 per shirt to break-even. It is that pressure which makes sellers slowly and progressively reduce prices to find demand. A downward zig-zag is taking shape. -- Conclusion -- This entire idea is by itself a conclusion. A tale of a fight between the unstoppable force of traders against the immovable object of assets. The chaos of capitalism simplified. Everything should be made as simple as possible, but not simpler. Tread lightly, for this is hallowed ground. -Father Grigori
BITSTAMP:BTCUSD
by akikostas
3
Scalling out of my BTC positionHi everyone, long time since last post as i've switch my focus on just trading longer term moves and cycles. For my few subscribers that might be following along, today actually marks the first time in many years that i have sold any BTC. My strategy is to scale out of my position of BTC, and in my 2 year plan this 85k was always the first price target. I think btc can go as high as 135-150k this cycle, however perfection is the enemy of good. I want to capture the gains i have made and not hold through another bear market, but be more liquid then last cycle. The red dots represent my selling points and i will be selling 20% of my stack around each price target, 95k, 105k, 110k. If you've followed my previous idea's youd have an average buy price of 25k or less. Here is my general outlook as of today. BTC Dominance has hit its target but can go up higher. (look at btc.d - stable coins) BTC to top between 135-150. Happy with my gains especially if i can average out at 100k+ ETH to over perform going forward. Not looking to trim until 5k (20%) Doge start trimming closer to $1. Tesla, trimmed 20% today.
COINBASE:BTCUSDLong
by ecicic
BTC Smashes ATH Price Discovery engaged!Total Market Cap Breakout The crypto total market cap is poised to breach $3 trillion, fueled by increasing volume and Bitcoin's surge past $81,000 resistance. Key Indicators Next significant resistance: 2.618 Fibonacci level around $90,000 Weekly RSI remains overbought, indicating a potential pullback Trading Strategy Taking profits below $90,000 in anticipation of possible rejection Maintaining exposure due to strong upside momentum Caution: BTC unlikely to break $100,000 on the first attempt given recent rapid gains Trading Considerations Watch for rejection at key levels Pullback potential Momentum favors continuation
BITSTAMP:BTCUSD
by artashesk
Bitcoin Trade Using Trend Following IndicatorsNote Bitcoin simply bounces off the Blue support-resistance line and continues higher. Find out more about the indicators used on this chart by following the link in the signature line! --- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand. You can also think of these indicators as moving pivot points . MasterChartsTrading Price Action Indicators show good price levels to enter or exit a trade. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue line, we think about going Long (buying). For commodities and Forex, when your trading instrument closes below the Red line, we think about Shorting (selling). For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts ). A stock has to close below the Yellow line first, then rally towards the Red line and top out there. This is where I would short it.
COINBASE:BTCUSDLong
by mastercharts
BTC on the Move: Are We Heading to $118K?Hey trading family, here’s what I’m seeing for BTC right now—let’s break it down: 1️⃣ BTC could push up to $86– GETTEX:87K , then correct to $83,500 or even deeper to GETTEX:82K before making its next move. 2️⃣ If BTC breaks through $86– GETTEX:87K , we’re looking at a move to $89–$91K, followed by a correction to $84–$85K, and then another leg higher. 3️⃣ The big one: BTC could slowly push through all these levels, heading to $94K on its way to the ultimate target of $118K. Stay chill, follow the trend, and remember to trade what you see. BTC is making waves—don’t fight it, ride it. Mindbloome Trading / Kris Like, Follow, Boost , or Comment if you found this helpful
MARKETSCOM:BITCOINLong
by Mindbloome-Trading