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BTCUSD trade ideas

Bitcoin Rally Faces Key Test Head and Shoulders Pattern in FocusThe rally in Bitcoin could partly be attributed to broader market optimism, often driven by political events. When markets are buoyant, Bitcoin, seen as both a hedge and a speculative asset, benefits from increased risk appetite among investors. That said, Bitcoin’s behavior in relation to politics can be unpredictable. So, with that in mind, we’re now looking at Bitcoin on a 4-hour chart, and a head and shoulders pattern is forming. If this plays out, we could see Bitcoin break the neckline and drop to $80,064.72. But don’t forget Bitcoin is still bullish, especially with the influx of money following the November 5th victory of the newly elected president. Keep that in mind as we watch this pattern unfold. If you’re following along, hit that like button. Have a great day!
GEMINI:BTCUSD
by CryptocurrencyWatchGroup
2
Bitcoin 4 Year Fractal update 2022 I've created this because I've had literally tens of people messaging me asking for an updated chart - There isnt a huge amount to update from the last one- we topped at the right time, wrong price - I've retraced 80-85% and then onward to a price target of 330k. Trying to predict the price of a relatively new, risk asset in the middle of a pandemic and world war 3 is pretty poinless but this might be a bit of fun to track and its max pain for a lot of people, buying at 69k, seeing it drop into the teens then staying in the 20s for a year will flush a lot of people out... But like I say, I dont think price can be held that low for long, there simply isnt enough corn and theres a lot of hodlers now.
BITSTAMP:BTCUSD
by theellk
11
The Hidden Risk of Complacency in TradingWhen markets show strong trends, especially bullish ones, it’s easy to feel reassured that prices will keep going up. This was what we saw in the gold market in October , where traders are confident and optimistic about continued upward movement. Yet this very confidence can mask a significant risk for traders: the risk of complacency. What is Complacency in Trading? In trading, complacency is the state where traders grow overly comfortable with the direction of the market, often assuming that current trends will continue. This mindset can lead to a relaxation of caution and due diligence, causing traders to overlook potential risks. Instead of evaluating trades with a fresh perspective, complacent traders may focus more on profit potential than on risk. Why Complacency Can Be Dangerous Complacency is particularly dangerous in trading because markets are unpredictable and often experience shifts just when traders feel the most comfortable. As the saying goes, “The market takes the stairs up and the elevator down.” When complacency takes hold, traders may enter positions without fully considering risks, increasing the potential for significant losses if a sudden reversal occurs. Take the gold market as an example... However, this positive sentiment could be a setup for a downside reversal. Traders who enter positions at elevated prices may find themselves exposed if the market corrects. The potential rewards for going long at these high levels may not be enough to offset the risks of a pullback. Recognizing Signs of Complacency To avoid falling into the trap of complacency, traders should look for certain behaviors, both in themselves and the market: Over-optimism in Market Sentiment: When traders broadly believe in an upward trend and are unwilling to consider downside risks, it’s often a warning sign. Entering Trades Without Proper Risk Assessment: If the main driver behind a trade is FOMO rather than sound analysis, there’s a chance complacency is at play. Ignoring Key Technical Signals: Complacent traders may disregard signals suggesting a potential reversal, like overbought indicators or failure to sustain new highs. How to Stay Vigilant Against Complacency Prioritize Risk Management: In every trade, evaluate risk first. A key to success is considering what could go wrong and setting stop-loss levels accordingly. Evaluate Reward-to-Risk Ratios: Before entering a position, assess if the potential reward justifies the risk. For instance, entering a long position in a bullish market may appear promising, but it’s vital to ensure that the entry point doesn’t carry excessive downside risk. Watch for Reversal Indicators: Look for technical indicators that might signal an impending reversal. Adopt a Patient, Wait-and-See Approach: When a market shows strong upward momentum, it’s often wise to hold back and look for better entry points rather than rushing in at a peak. Exercising patience can lead to far more rewarding opportunities. The Bottom Line Complacency can be the silent risk in trading, especially when markets show strong trends. By recognizing the dangers of complacency and implementing strategies to guard against it, traders can protect themselves from entering trades with unbalanced risk. Instead of getting swept up in bullish sentiment, stay grounded in a cautious, strategic approach that considers both potential gains and possible setbacks. In this way, you not only preserve your capital but also position yourself to capture more meaningful market moves in the long run.
BITSTAMP:BTCUSDEducation
by Mihai_Iacob
7
BTCUSD: Timing the top is better than setting an actual target.Bitcoin is overbought on its 1W technical outlook (RSI = 73.472, MACD = 6115.900, ADX = 33.802) as it made new All Time Highs last week on an amazing post election bullish breakout. The 1W MACD is on a Bullish Cross, the very same buy signal it flashed before every ATH breakout. During the previous Cycle, Bitcoin peaked 45 weeks after the breakout and the one before 35 weeks after. Since the Cycle is calculated to peak towards the end of 2025, it is only reasonable to assume that this is an arithmetic progression and we will see the top probably on 10 weeks more than the previous Cycle, i.e. in 55 weeks. That places it around November 2025. If you don't have a specific target in mind, it is much more reasonable to time your sells at whatever price BTC will be at from September 2025 onwards, so that you can exit as high as possible with the maximum profit. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
Is trading profitable/valid?My argument and what most traders would say is, it depends. The reality however is that it depends on how you look at it. The users 'eye' if adjusted to look at it right, then yes it is a profitable career to say the least, or at least I think so. Understanding is one of the key factors that play a major role in whether or not you walk away smiling or sour. Simplistic comes second, the richness comes from everywhere, and the reality stares back at you. Profitability requires a show of boldness. By looking at monthly timeframes, and having decided factors on the first of the month is the first step, allows one to be rigid for a long while, to smile back and say, I told you so. Weekly evaluations the second, daily consistency tops it off.
FOREXCOM:BTCUSDLong
by st3ma
2
Bitcoin - The Beginning Of The Next Phase!Bitcoin ( BITSTAMP:BTCUSD ) is finally breaking all resistance: Click chart above to see the detailed analysis👆🏻 Patience once again paid off after Bitcoin has been retesting the previous all time high for about 250 days, not really being able to create a sustainable breakout. But now, after all this waiting, things are happening pretty quickly and Bitcoin is on its way to the magical $100.000 level. Levels to watch: $70.000, $100.000, $300.000 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSDLong
by basictradingtv
20
"Bitcoin Bullish Forecast: Fibonacci and ATR Calculations" $85KI used Fibonacci calculations with ATR guidance and the E.R. Index to arrive at a precise target of $85.803, aligning closely with my ATR-based projection of $85K. This concept, titled **"9740.1 Percentage in Pips = $85K,"** applies a Fibonacci pullback, and as we can see, Bitcoin has not yet signaled a sell. I rounded up certain figures so none of you miss out on this exceptional Bitcoin bull market. It's crucial to understand—I have been anticipating a minor correction, yet the bulls have held strong. As I’ve mentioned before, this is undeniably a bull market. My goal in creating this idea is to keep you one step ahead. However, please take note: if you enter now, there may be a pullback—a baited dip—but at least you’ll be positioned to ride the wave instead of missing out entirely. I know many of you sold too early, before the price surge, and missed out on extra revenue. This idea has been carefully scanned and validated for accuracy. Use it with confidence as you navigate the market. _______________________________________________________________________________ The ForexX_E-R-Index indicator visually represents the strength of bullish and bearish forces in the market. By calculating values above or below a central reference, it highlights shifts in buying or selling pressure. The indicator’s two main lines reveal whether bulls or bears dominate, while the shaded area between them shows the gap between their strengths, giving insight into market momentum and potential reversals. ________________________________________________________________________________ The ForexX_Rocket_Blast indicator combines Bollinger Bands and RSI to identify potential reversal points in the market, giving signals for buy or sell opportunities. When the price moves below the lower Bollinger Band and the RSI indicates an oversold condition, a buy signal appears, suggesting a potential upward reversal. Conversely, if the price goes above the upper Bollinger Band with the RSI showing overbought conditions, a sell signal is triggered, indicating a possible downward reversal. The indicator adds visual cues for these signals on the chart, helping traders spot entries and exits with minimal interference from other indicators. ________________________________________________________________________________ The ForexX_Enhanced-ATR-Trailing-Stops-Strategy** indicator combines ATR-based trailing stops with trend filtering and dynamic volatility adjustment to optimize trade entries and exits. It uses ATR values to calculate a trailing stop that follows price movements, adjusting sensitivity based on volatility levels. A trend filter (SMA) helps refine signals by aligning entries with the broader market trend. When price crosses above the trailing stop in an uptrend, a buy signal is generated, while a downward cross in a downtrend triggers a sell. Additionally, risk management adjusts position size based on the user's account size and chosen risk percentage, making the strategy adaptable and robust for various market conditions. ________________________________________________________________________________ The **ForexX_ATR-Bollinger-Shark-Finning** indicator uses both ATR and Bollinger Bands to identify potential price breakout or reversal zones. It creates ATR bands around the price based on a customizable moving average, with a multiplier that adjusts the band distance, indicating volatility zones. The indicator also adds optional Bollinger Bands, which serve as additional volatility boundaries. These two sets of bands create a visual "fin" effect, highlighting areas where price might experience sharp moves. Alerts are set to notify the user when price crosses above or below these bands, signaling potential entry or exit points. The transparency and colors are customizable, making it flexible to combine with other indicators.
COINBASE:BTCUSDLong
by The_ForexX_Mindset
56
Bitcoin’s breakout above $73,000, target of $75,000 to $77,000Here's a technical analysis based on your Bitcoin (BTC/USD) chart: 1. **Current Price and Key Levels**: - **Current Price**: Bitcoin is trading around $72,595. - **Breakout Level**: The price recently broke through the $73,000 resistance level, indicating a strong upward momentum. - **Support Levels**: Key support levels are visible around $66,593 and $54,896. 2. **Trend Analysis**: - Bitcoin is in an uptrend channel, with higher highs and higher lows forming. - The breakout above the $73,000 resistance signals potential bullish continuation. 3. **Target Levels**: - **Short-term Target**: Based on the channel and breakout, the next target range is around $75,000 to $77,000 . 4. **Stochastic RSI**: - **Current Stochastic RSI Level**: The Stochastic RSI is around 67.25, showing that it is nearing the overbought zone. - If the Stochastic RSI enters the overbought zone, it may indicate a potential pullback or consolidation. 5. **Volume**: - The net volume is relatively low, suggesting that the breakout might need more volume support for a sustainable uptrend. Summary : Bitcoin’s breakout above $73,000 indicates bullish momentum with a possible target of $75,000 to $77,000 . However, watch for overbought signals in the Stochastic RSI, which may indicate a pullback. Maintaining support above $66,593 will be crucial for the bullish trend to continue.
BINANCE:BTCUSDLong
by Z4F4R
4
BTCUSD to $100K, I guess, then back to $83K areaMODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. Price closing in on top channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is spiked positive Price at or near 2.618 Fibonacci level Buying AMEX:BITI incrementally as BITSTAMP:BTCUSD rises to $100K Target is 83K or channel bottom Manual stop loss. Holding until profit made or Dec 31.
BITSTAMP:BTCUSDShort
by chancethepug
1