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BTCUSD trade ideas

Bitcoin (BTC/USD) Breakdown – Rising Wedge Signals Further Drop!1. Chart Overview This 4-hour BTC/USD chart from BITSTAMP presents a well-defined Rising Wedge pattern, which is a bearish reversal structure typically signaling an upcoming price decline. After a strong upward movement, Bitcoin formed a wedge pattern with higher highs and higher lows converging. This indicates weakening bullish momentum, leading to a confirmed breakdown. 2. Key Technical Elements & Market Structure A. Rising Wedge Formation (Bearish Pattern) A rising wedge is a bearish reversal pattern that appears after an uptrend, showing gradually weakening buying pressure. The chart shows that price action was following an upward sloping support and resistance trendline. The higher highs and higher lows formed within the wedge indicate a loss of bullish momentum. Eventually, the price broke below the lower trendline, confirming a bearish breakdown. B. Breakdown Confirmation A decisive bearish candle broke below the wedge's lower trendline, confirming the downward move. After breaking down, the price attempted a small retest of the wedge’s support, which has now turned into resistance. This successful rejection from the previous support adds to the bearish confirmation. C. Support & Resistance Levels Resistance Level ($88,547): This zone acted as a strong supply area, where previous bullish moves were rejected. If BTC/USD attempts to recover, this area may provide selling opportunities. Support Level ($79,193): This is the next downside target, aligned with previous price consolidation zones. A break below this support could trigger further selling pressure. 3. Trading Setup & Strategy A. Short Trade Setup Entry Point: After BTC/USD confirmed the breakdown of the rising wedge. Stop Loss: Placed slightly above the $88,547 resistance level to limit risk. Target Price: A decline towards $79,193, which aligns with the previous major support zone. B. Bearish Market Sentiment BTC/USD is currently trading below the wedge, reinforcing bearish bias. A successful retest of the broken wedge support would validate further downside continuation. If price remains below the $85,000 level, sellers are likely to maintain control. 4. Market Outlook & Next Price Action Bearish Scenario If BTC fails to reclaim the wedge breakdown level, further downside is expected. A breakdown below $80,000 psychological level could increase selling momentum toward $75,000-$77,000 levels. Volume analysis suggests that selling pressure is increasing. Bullish Scenario (Invalidation) If BTC/USD reclaims the $88,547 resistance and closes above it, the bearish bias could weaken. Bulls need to break above the rising wedge resistance trendline for a reversal. 5. Conclusion & Trading Plan The Rising Wedge pattern breakdown confirms a bearish outlook for BTC/USD. The risk-reward ratio for a short trade is favorable, targeting a move down to $79,193. Traders should watch for volume confirmation and trend continuation signals before entering. Key Takeaways ✅ Bearish Bias confirmed after the Rising Wedge breakdown. ✅ Short Position setup with entry, stop loss, and target defined. ✅ Resistance at $88,547 - Failure to break above it strengthens the bearish case. ✅ Target at $79,193 - A strong support area where buyers may step in. 6. Tags for TradingView Post #BTC #Bitcoin #Crypto #TradingSetup #TechnicalAnalysis #CryptoTrading #BearishPattern #RisingWedge #Breakdown #ShortTrade #PriceAction #SupportResistance #MarketAnalysis Would you like any further refinements or additional insights? 🚀
BITSTAMP:BTCUSDShort
by GoldMasterTrades
Bitcoin Breakout Confirmed, Aiming for $160K Chart Analysis: Bitcoin has just confirmed a major breakout above a key resistance zone, signaling a strong bullish continuation. Let’s dive into the details: 1.Ascending Triangle Breakout: BTCUSD had been consolidating within an ascending triangle pattern since late 2024, with the upper resistance around $80,000 and a rising support trendline (highlighted in yellow). The breakout above $80,000 on strong volume confirms the bullish pattern, which is typically a precursor to significant upward moves. 2. Accumulation Zone: Before the breakout, Bitcoin spent several months in an accumulation zone between $53,837 and $80,000. This phase allowed buyers to build positions, setting the foundation for the current rally. 3.Price Targets: The measured move of the ascending triangle (height of the pattern) projects a target around $160,000. The height of the triangle is approximately $26,163 (from the base at $53,837 to the resistance at $80,000). Adding this to the breakout point ($80,000 + $26,163) gives a target of ~$106,163. However, considering Bitcoin’s historical tendency to overshoot during bull runs and the psychological significance of $160,000 (as noted on the chart), this level seems like a realistic target. 4. Support Levels: The previous resistance at $80,000 now acts as strong support. If BTC pulls back, this level should hold to maintain the bullish structure. Additional support lies around $70,000, aligning with the lower boundary of the recent consolidation range. 5. Momentum Indicators: While the chart doesn’t display specific indicators like RSI or MACD, the sharp upward move suggests strong momentum. Traders should monitor for overbought conditions on RSI (above 70) as BTC approaches higher levels, which could indicate a potential pullback. Trade Idea: Entry: Current price around $84,599.61 (post-breakout confirmation). Stop Loss: Below $78,000 (to account for minor pullbacks while staying above the breakout zone). Take Profit: $160,000 (primary target based on the pattern projection and psychological level). Risk/Reward Ratio: Approximately 1:12, making this a high-probability setup. Key Levels to Watch: Resistance: $100,000 (psychological), $120,000, $160,000 (target). Support: $80,000 (new support), $70,000 (secondary support). Market Context: Bitcoin’s breakout aligns with a broader crypto market uptrend, potentially fueled by positive fundamentals such as institutional adoption, favorable regulatory developments, or macroeconomic factors like inflation concerns driving demand for BTC as a store of value. Ethereum’s recent breakout (as seen in similar charts) also supports the bullish sentiment across the crypto market. Conclusion: BTCUSD has broken out of a multi-month consolidation pattern, confirming a bullish trend with a target of $160,000. The $80,000 level should now act as strong support, and any pullbacks to this zone could offer additional buying opportunities. Stay cautious of overbought conditions as BTC approaches higher resistance levels. Let’s see how far this rally can go!
BINANCE:BTCUSDLong
by sohaibfx
BTCUSD What Next? BUY! My dear followers, I analysed this chart on BTCUSD and concluded the following: The market is trading on 82719 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 85417 Safe Stop Loss - 81310 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
BITSTAMP:BTCUSDLong
by AnabelSignals
1
Why We Are Expecting a Short Position in BTCUSD: Detailed Analys1. Breakout from Consolidation Phase BTCUSD has recently broken out of a prolonged consolidation phase, which is a strong indicator of a potential shift in market sentiment. Consolidation typically occurs when price moves within a narrow range, as buyers and sellers remain in equilibrium. This phase often acts as a buildup for a significant breakout in either direction. Recent Price Action: BTCUSD was trading in a tight range, forming a horizontal consolidation zone with well-defined support and resistance levels. This range was consistently tested, but no decisive movement occurred until the recent downside breakout. Significance of Breakout: The breakout below the consolidation zone signals that the sellers have gained control, leading to an increase in bearish momentum. A decisive breakout from consolidation often results in strong directional movement, favoring the breakout direction. 2. Break of Previous Low – Confirmation of Bearish Trend One of the most compelling reasons to initiate a short position is that BTCUSD has broken below a significant previous low. Previous Low as Support: The prior low acted as a critical support level that was tested multiple times during the consolidation period. When price decisively breaks below this level, it suggests that the support has failed, indicating increased selling pressure. Breakout Confirmation: A confirmed breakout below the previous low typically attracts more sellers and triggers stop-loss orders placed by buyers, leading to a further downward push. This kind of price action is a strong confirmation that the bearish trend is likely to continue. 3. Retest and Better Entry Opportunity Ideal Short Entry: After the initial breakout, BTCUSD may retest the broken support (now acting as resistance), providing an ideal opportunity to enter a short position. Retests often occur when price temporarily pulls back toward the breakout zone, giving latecomers a chance to enter at a better risk-reward ratio. If the retest is rejected near the previous support level (now resistance), it reinforces the validity of the breakout and provides a high-probability short entry. Low Risk, High Reward Setup: Entering after a retest allows placing a stop-loss slightly above the previous support-turned-resistance zone while targeting the next key support level, enhancing the risk-reward ratio. 4. Increased Bearish Momentum and Volume Confirmation Volume Spike on Breakout: A breakout accompanied by high volume further validates the move. Volume often acts as a confirmation that the breakout is genuine and not a false move. The increase in selling volume confirms that more market participants are aligned with the bearish outlook. Momentum Indicators: Momentum indicators like RSI and MACD are showing bearish divergence or have moved below key levels, suggesting that downward momentum is increasing. A break below the consolidation zone with rising bearish momentum adds further conviction to the short trade. 5. Macro and Sentiment Analysis Supporting Bearish Outlook Macroeconomic Factors: Broader market factors, such as increased risk aversion in global markets, regulatory concerns, or bearish sentiment surrounding cryptocurrencies, further strengthen the bearish case. Sentiment Shift: A shift from bullish optimism to bearish sentiment among traders often accelerates the downtrend, as fear takes over and more sell orders flood the market. 🎯 Target and Risk Management Primary Target: Initial target would be the next major support level, which can be identified through historical price levels or Fibonacci extensions. Stop-Loss Placement: Stop-loss should be placed slightly above the retested resistance level to minimize risk in case of a false breakout. ✅ Summary: We are expecting a short position in BTCUSD primarily because: A strong breakout occurred after a prolonged consolidation. Price broke below a key previous low, confirming a bearish trend. A potential retest provides a better entry point with low risk and high reward. Volume and momentum indicators support the continuation of the downtrend. This setup presents an excellent opportunity to capitalize on the bearish momentum in BTCUSD. 🚀
COINBASE:BTCUSDShort
by baladeva
M2 Global Liq/BTC Correlation Coefficient with 108 Day Lag The more money that flows into the system, the more money that flows into assets. Some assets perform better than others. However, over the past 15 years, one asset has consistently outperformed all others. This chart aims to mathematically determine the optimal lag time between global liquidity increases and BTC’s explosive upward movement. The correlation data is as follows: 60-days lookback: 84% correlation 90-days lookback: 83% correlation 180-days lookback: 88% correlation 360-days lookback: 91% correlation It transpires the most optimum lag time is 108 days which puts us mid April. These are the facts. What you choose to do with them is up to you. That said, if I were a betting man and had an 85% mathematical probability of making money on a trade, I’d take it. For generational gains, check out my Altcoin picks in my last post where I accurately predicted our last breakout from FWB:67K to $109K. Keep yourselves (and your Satoshis) safe.
BITSTAMP:BTCUSDLong
by MrGoose83
BTCUSDBINANCE:BTCUSD is currently trading around $83,232, showing signs of consolidation near a key support zone. The price is hovering around the 83,300 level, which aligns with previous resistance turned support. Key Observations: Bullish Momentum: The price has recently broken above a key resistance zone and is attempting to hold above the 83,300 level. Moving Averages: The short-term moving averages (red & green lines) are currently acting as dynamic support. Meanwhile, the black trendline (likely 200-MA) is sloping downward, indicating that the larger trend is still uncertain. Support Levels: The next immediate support lies around 82,960 - 83,000, followed by a stronger demand zone near 82,550. Resistance Levels: Bitcoin needs to break above the 83,400 - 83,600 range to continue its upward momentum toward the 84,000 psychological level.
BINANCE:BTCUSDLong
by Manish08093
BTCUSDT, ELLIOTT WAVE ANALYSIS This chart represents a technical analysis of Bitcoin based on the Elliott Wave Theory. It appears that the analyst has used this pattern to predict future price movements. Let's break it down: 1. Elliott Wave Pattern: Waves (1) to (5) indicate a large upward movement, typically consisting of five main waves. In this chart, each sub-wave (1, 2, 3, 4, 5) is nested within larger waves, confirming a bullish pattern. Wave (3) is usually the longest and strongest wave, which is clearly visible here. 2. Trend Lines: The two sloping yellow and white lines form an ascending channel. The price moves within this channel, with the upper line representing resistance and the lower line acting as support. 3. Future Projection: Wave (4) seems to be complete, and Wave (5) is forming, typically indicating a final upward move before a major correction. According to this analysis, the price could reach the range of $140,000 to $160,000. 4. Analysis Validity: If the price can sustainably remain above the midline (dashed line), this analysis will be stronger. Breaking below the lower trend line would invalidate the analysis, potentially leading to a deeper correction. ✅ Conclusion: This analysis points to a strong bullish trend that, if realized, could be highly profitable. However, as with any technical analysis, these predictions are not guaranteed, and investments should always be made with caution and risk management. This is a personal analysis and not a recommendation to buy or sell!
BITSTAMP:BTCUSD
by ehmopi
BTC/USD "Bitcoin vs U.S.Dollar" Crypto Market Heist (Swing/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the BTC/USD "Bitcoin vs U.S.Dollar" Crypto Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry and short entry. 🏆💸Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!" 🏁Buy entry above 89000 🏁Sell Entry below 81000 📌However, I recommended to place buy stop for bullish side and sell stop for bearish side. Stop Loss 🛑: 🚩Thief SL placed at 84000 for Bullish Trade 🚩Thief SL placed at 88000 for Bearish Trade Using the 4H period, the recent / swing low or high level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 🏴‍☠️Bullish Robbers TP 99000 (or) Escape Before the Target 🏴‍☠️Bearish Robbers TP 72000 (or) Escape Before the Target BTC/USD "Bitcoin vs U.S.Dollar" Crypto Market Heist Plan is currently experiencing a neutral trend,., driven by several key factors. 📰🗞️Get & Read the Fundamental, Macro, COT Report, On Chain Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 👉👉👉🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
BITSTAMP:BTCUSD
by Thief_Trader
Buy now BTCUSDFibonacci Retracement Levels The chart uses Fibonacci retracement from a low of around $60,290 to a high of $107,187 to find potential support and resistance levels. Key levels: 0.236 (23.6%) at $96,119 (resistance) 0.382 (38.2%) at $89,272 0.5 (50%) at $83,738 (current price zone) 0.618 (61.8%) at $78,205 (strong support) 0.786 (78.6%) at $70,326 Current Price Action BTC is currently trading around $83,361. It has retraced to the 50% Fibonacci level, which is often seen as a critical zone for trend continuation. Trend Projection A downward trendline was broken, suggesting a possible trend reversal. A bullish move (red arrow) is projected, targeting the green resistance box around $116,000 - $120,000. The price needs to break above $89,272 and $96,119 to confirm this upward move. Key Takeaway If BTC holds above the 50% retracement level and continues upward, it could be aiming for a new high. If it fails, it may retest the $78,205 or $70,326 support levels before another attempt at breaking out.
BITSTAMP:BTCUSDLong
by wealthsmith23
BTC/USD Forecast Using Gann and Astronomical Analysis4-hour Chart: Watch the reversals on Gann Fan lines. Today, I am sharing a comprehensive analysis of Bitcoin (BTC/USD) using a combination of Gann Angles, Planetary Cycles, and Astronomical Events. This method blends W.D. Gann's legendary market geometry with planetary transits that influence financial cycles. 🔥 Key Insights from the Chart: 1️⃣ Date of Importance: March 11, 2025 (3:00 UTC) This date marks the Gann Square Base where multiple angles converge. Significant planetary transits align with Gann angles, suggesting a potential reversal or breakout zone. Expect high volatility around this time frame. 2️⃣ Critical Angles and Price Levels: Yellow Lines: Represent major Gann angles projecting long-term resistance and support. 🌟 1x1 Angle: Strong upward trendline, which, if broken, indicates a shift in market momentum. ⚡️ 45° Angle: Positioned near $105,333 and may act as a key resistance zone. Red Lines: Bearish Gann angles acting as resistance from the base point. ⚠️ 1/8, 1/4, and 1/2 Lines: Intermediate resistance points with potential to cause retracement. Green Lines: Bullish support angles with the following key zones: ✅ 81,185 (3/8 Support): Important level that Bitcoin may retest before continuing the upward trend. ✅ 77,160 (4/8 Support): Strong support indicating a potential bottom if price corrects further. 3️⃣ Planetary Events and Their Influence: Sun Ingress (21 March 2025): Historically marks shifts in trend and market sentiment. Mercury and Venus Retrograde/Direct Movements: Key planetary events that align with trend changes in crypto markets. ⚡️ March 31, 2025: Pay close attention to this date as it coincides with Mercury Direct and possible price breakout. 4️⃣ Future Price Zones Based on Gann Squares: 109,358: Projected upper target if bullish breakout occurs. 81,185: Intermediate support where price action might bounce. 77,160: Strong long-term support, a break below indicates a potential bearish move. ⏳ Time Windows to Watch: March 31, 2025: Mercury Direct is signaling a possible change in market direction. April 7 - April 9, 2025: Gann Square 90-degree rotation, suggesting another potential market turning point. 🎯 Trading Strategy: ✅ Long Entry: If BTC finds support near the 3/8 angle ($81,185) or 4/8 angle ($77,160), anticipate a bounce toward $92,500 and beyond. 🚨 Short Entry: If BTC fails to hold the 1/2 Gann Angle and breaks below $77,160, expect further downside toward lower price levels. 🌌 Why Gann and Planetary Analysis? Gann believed that "As above, so below" — suggesting that planetary cycles often influence market trends. By aligning Gann's time cycles with astronomical events, we can predict key price reversals and market turning points with increased accuracy. 💡 Final Thoughts: Watch closely how Bitcoin reacts around the highlighted dates. Time and price alignment at Gann angles combined with planetary influence create a powerful confluence of signals that should not be ignored. 🔔 Follow for more insights and upcoming market updates. Happy Trading! 📈🌌
COINBASE:BTCUSD
by ahmed_albalooshi6666
Bear cycle begins if this happens. Not the time of buy the dipI have been thinking this Bitcoin cycle has already peaked.   I am using a weekly chart here because I can fit in three BTC cycles on the screen, but it is more clear if you look at it in the Daily chart.  I am analysing the chart by using VWAP - Volume weighted moving average. When you place VWAP (orange line) at the peak of each cycle you can see the pattern as below: 1) The price goes down steadily from the suspected peak price but eventually breaks above the descending trendline.  (please check it in daily chart).  2) The price moves and closes above the descending trendine but the upside move is limited and price gets trapped and consolidate in the sideway for a few months (blue rectangular box).    3) VWAP acts as resistance line and eventually resumes the downside move. 4) By then, all momentum indicators are deep in the bear zone, and the bear cycle begins. When I look at weekly and daily chart, I can see the same scenario is unfolding now.  I don't think the price will go straight down from here. There are good small swing trade opportunities in lower time frame for the next few months. However, if the price struggles to move above VWAP, the end of cycle scenario becomes more and more convincing. It is just my humble opinion based on one style of analysis. Final note: Bitcoin price action has been very similar to NASDAQ100 and US500, and these charts are looking very dire. If US indices go down in the the next few months, Bitcoin will go with them.
COINBASE:BTCUSDShort
by EbonyFalcon
Bitcoin Short short ermThis is just a trade idea! And an idea is an idea and exists as an idea,as nobody can predict the markets. No body! Some media say:Trump Pushes Advisers To Intensify Tariffs Ahead Of April 2.If it will be true , Then I prepare for this scenario(SEE THE CHART) above!. Someoone commented below my last idea,he wants price action and I should draw lines and paint the charts for him . I wonder,that he doesent know that there is always price action! We just need to look at the charts. Above is also a chart. Lol. But drawing lines, projection ghost lines is Not trading! It is drawing and painting. Whatever: Fundamentals align with long term trend sentiment: Bearish. Sure surprises will always be present.Thats speculation! Therefor:Put always stops. And dont follow blindly any trade idea. Also my trade idea is just an idea. But you should take responssibility to take your own decision. Because you trade with your own money. EMAS: 15 min. 200MA, 3min. 200MA Stop above val of yesterday Resisatnce:POC of yesterday red line. Breakthrough above the red line is bullish setup, and leading to val of yesterday If rejected, falls back.If holds above the price will climb.I dont think that it happens, because the trend continutation pattern I use(There are billions of trend continuation patterns!!!!!!!! Also billions of ways to define a trend!!!!!) is currently bearish!.... Ofcourse on any other TF you will have billions of reasons to do the opposite of trade idea,you you are welcomed. Have a good trading day.
PEPPERSTONE:BTCUSDShort
by DaveBrascoFX
Bitcoin Financial Project Company: International Finance Corporation Street: 2121 Pennsylvania Ave NW City: Washington Postcode: 20433 D-U-N-S® Number: 05628187 Company: World Bank Street: 1850 I St NW City: Washington Postcode: 20433 D-U-N-S® Number: 079975051 Company: Coinbase Global, Inc. Street: 1209 N Orange St City: Wilmington Postcode: 19801 D-U-N-S® Number: 117039879 Company: Twitter, Inc. Street: 1355 Market St Ste 900 City: San Francisco Postcode: 94103 D-U-N-S® Number: 004679305 Company: Meta Platforms, Inc. Street: 1 Meta Way City: Menlo Park Postcode: 94025 D-U-N-S® Number: 196337864 Company: Ripple Labs Inc. Street: 600 Battery St Fl 1 City: San Francisco Postcode: 94111 D-U-N-S® Number: 025885046 Company: Federal Reserve Bank of New York Street: 33 Liberty St City: New York Postcode: 10045 D-U-N-S® Number: 001673995 Company: TESLA, LLC Street: 941 NE 79th St City: Miami Postcode: 33138 D-U-N-S® Number: 103695437 Company: BINANCE LLC Street: 525 52nd St City: West Palm Beach Postcode: 33407 D-U-N-S® Number: 132249593 Company: X CORPORATION LTD Street: 128 City Road City: LONDON Postcode: EC1V 2NX D-U-N-S® Number: 227844608 Company: Space Exploration Technologies Corp. Street: 1 Rocket Rd City: Hawthorne Postcode: 90250 D-U-N-S® Number: 120406462
BITSTAMP:BTCUSDLong
by blacknetcorps
BITCOIN Stock Chart Fibonacci Analysis 032925Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 83,370/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: B A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
BITFINEX:BTCUSD
by fibonacci6180