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BTCUSDC trade ideas

Bitcoin Bottom Is In!Bitcoin (BTC/USDC) is looking amazing on the daily chart. Not planning on getting shaken out by this one! Reason why I believe this local bottom is in: Major hidden bullish divergence on the daily MFI Regular bullish diversion on 12H MFI Declining sell volume while price drops Low volume on that drop yesterday (that was the capitulation candle imo) Inverse head and shoulders (reversal pattern) Hidden bullish divergence on the weekly BTC Dominance chart Approaching bullish cross between MA50 and MA100 on weekly BTC Dominance chart (expecting a surge in bitcoin dominance leading up to this cross) Over $1000 CME Gap to be filled Bitcoin Halving fast approaching! BTC Dominance: Bitcoin CME Futures (Almost time to fill that gap!)
Long
by Piggy_Profit
When in doubt zoom breakout !!While still highly volatile and very much unpredictably carried by OTC trading and other factors that can not be determined due to unforeseen market consequences or variables we cannot access I. E. Coronavirus — instead using strictly fundamentals in this deduction... BUT For the first time since it’s inception we are starting to see some Healthy price action based on fundamentals and nothing too unpredictable with recent pullback to lower low , provides some perspective that for once BTC is not over or under valued & so those shorters wasted no time to wait is impatient shooters immediately made their entries Assuming nothing else in terms of an anomaly/unpredictable variable comes in to play we should see 9800 support and stop loss is set at the red horizontal which is always the limit you should be setting as. If you haven’t made your entry by now , I honestly recommend waiting/sitting this run out or risk #FOMO, Make sure to do your taxes— Uncle Sam will play nice or play hide and seek and risk ramifications as opposed to coming forward and you’ll get clemency. TGIF everyone peace and love and stay safe/sanitary!! Please do check out my LinkedIn for some recent article : TradingView/Stocktwits/IG/Twitter/LinkedIn: -@a1mTarabichi Right now I’ve got my eyes on gold silver and bitcoin as they are outpacing equity markets by a long shot and I have taken long positions on pretty much both tangible and intangible precious metals/commodities and I’m now a HODLer (Something I’m looking to change as I miss forex trading ;( but I’ll still keep a weekly publication for you guys as I know there are hands are full of you that enjoy my little tangents. :’) Next major resistance at 9800 but remember to reiterate stop losses— ALWAYS! Disclaimer Note : T his is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form. Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. A lthough forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Enjoy your weekend. <3 TGIF all! -m.T
by a1mtarabichi
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