Buying opportunity in Bitcoin1. BTCUSD retested previous resistance and bounced back with strong candle. 2. It also respected the trendline as drawn on the chart. 3. It is also showing signs of bouncing from 200 EMA.Longby nsdtradingPublished 0
Scalp longPossibly can be pullback before attacking the all time highs of lower high at the .786 golden pocket 71200-71800Longby Crypto-holidayPublished 0
Time to go down sonBtcusd Near all time high Old buys and sell about to get triggered Time to get out or get inShortby ASFAND_GOLDUpdated 0
#BTC #Bitcoin this halving cycle may end on 2025#BTC #Bitcoin this halving cycle may end on 2025. This month, November 2024, price should end beyond last cycle's ATH at 69K. Next year RSI TF Month should go to GREEN overbought zone and then end of cycle.Longby misterpkPublished 1
Bitcoin Short: wave count update (wave 2 completed)I've updated the wave count to an old wave count for the previous upmove till mid month and the subsequent rangey move as the new wave 1 that is a leading diagonal (note that this was the original wave count until I changed it somewhere in Q3 of this year to cater for a potential strong down move, but the move up since 10th Oct has invalidated that count and this is the old-new count) Based on this count, we have a very strong wave 2 that almost completed retraced wave 1 down and in a triple combination (a supposedly rare occurrence). Right now we should be going into a wave 3 and that will be consistent with all my other analyses (for nasdaq, s&p, gold). Everything is going down because in a strong down move, beta of all assets classes converges to 1 due to liquidity.Shortby yuchaosngPublished 0
BTCUSDCan You See What I See???? hmmmm... Possible reversal or retest to Bullish continuation?? _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #ScalperTrader #DayTrader #SwingTrader #PositionalTrader #MambaMentality #GodMode #HighLevelTraderby TheeSnipeGoatPublished 1
This is a break down of Tone HAyrod the Forecastah"s master planTHis is how I have finally began on the journey to freedom. I have realized the it is the level of attention, dedication, focus without distractions is the only way to become to desired terms. I believe after 15 years of trading I have mentally developed my strategy through many teachers, research and most of all expirience. I have developed a strategy that I must complete and document before I move on. I Present the twodyago Equity Specilaist. Day 1 BTC is interesteing so lets start there.Longby ForecastahPublished 1
Chart Pattern Analysis Of Bitcoin. From K1 to K3, It is a strong bearish evening star pattern. A sharp price correction or a potential short-term bear run is on the way. It is also likely that a large scale horizontal consolidation is on the way. But the possibility is relatively low here. If there is a weak rebound after K3, It will be a good place to reduce long-term positions. And, if the following candles successfully retest the support at about 65-66K. It will be a good place to buy it then. Long-65588/Stop-65K/Target-74Kby nothingchangeherePublished 0
COULD BITCOIN CRASH -60%? (October 31, 2024)A nice video overview going over the potential of bitcoin correcting 60% and repeating this fractal pattern, which we saw back in the March 2020 crash19:23by JonaliusPublished 0
Friday 1st November Short-Term IdeaI dont trade crypto or follow Crypto news, this technical analysis is just for fun to practice Charting. Trade at your own risk, and apply your own methodology.by Blessed_786Published 0
BTC: d3cl1ne b3fore th3 FED m33t1ng?Hello.The 💪next Fed👌 meeting will ❤️take place on🚀 November 6-7,👍 2024. At 🌞these meetings,🙂 policymakers assess👑 the health of the🍆 economy by evaluating 🎁economic indicators such as the Consumer Price Index (CPI), the gross domestic product (GDP) and the unemployment rate to shape monetary policy.by Le-tradeur-de-fortune-and-coPublished 0
Elliot WaveFibo Ret and Extend: 0.382/1.786 0.5/1.5 0.618/1.382 0.786/1.272 Trend-Based Fib Extension : 100by rzhr009988Published 0
BTC NEXT MOVE IS A CORRECTIONWe will test around 67k BTC, reasonable, sensible trends there to be touched, this re-test is very high likely Shortby spedbrsPublished 1
BTCUSD view!!Patronis said he would not be surprised if the amount grew should former President Donald Trump be reelected next month. Earlier this week, Patronis said in a letter that Florida should direct "a portion of state retirement system monies into cryptocurrency." Florida is not the first U.S. governmental body to invest in crypto-related financial instruments. Both the State of Wisconsin Investment Board and Jersey City, New Jersey make up two other recent examples. In a May filing, the State of Wisconsin Investment Board said it owned $163 million in spot bitcoin ETFs. Echoing TrumpLongby FXBANkthe8055Published 0
Long Wake The f**k up! Cup and handle. Too the Moooon $$$$$ self custody, not your keys not your bitcoinLongby shatoshi_sakemotoPublished 0
BTCUSD Let's go back to sleepBTC is going to 100k. Ok bro, good luck... Take profit for now and now I will enjoy the moonboy show. As mentioned in my previous post, we are exactly rejecting from weekly HMA50. Closing the weekly candle below HMA50 just below 72k will confirm its weekly rejection.by SkyitoPublished 1
What is Profit and Loss (PNL), and How to Calculate It?Hello, Traders! 🌐 Profit and Loss (PNL) is a primary financial metric used to determine the profitability of investments or trading activities. It shows the difference between your earnings and expenses, making it an essential tool for traders and investors to assess their performance and decisions. At its core, PNL is pretty simple: it's the difference between how much you spend and earn. But diving deeper into its different types can get more interesting. To fully grasp PNL, it’s essential to understand the difference between realized and unrealized PNL and how they influence your overall profitability 👇🏻. Realized PNL vs. Unrealized PNL: What's the Difference? Let’s break it down. – Realized PNL (rPNL) refers to the actual profit or loss made after closing a position. Once the position is completely or partially closed, rPNL is calculated, giving you a final result of the trade . It is often used to assess the effectiveness of your strategies and plays a crucial role in financial reporting and tax calculations. – On the other hand, Unrealized PNL (uPNL) is all about potential. It represents the potential profit or loss from an open position. It reflects the value change of an asset but has not yet been realized because the position is still active. uPNL helps evaluate the current performance of your open positions and can guide your decision on whether to hold, close, or adjust your position to maximize profitability or minimize risk. How Is PNL Calculated? 🧮 The formula for calculating PNL is straightforward: PNL = (Exit Price x Amount Sold) – (Entry Price x Amount Bought) – Fees. Let’s break it down with an example: If you bought 1 BTC at $40,000 and later sold it at $50,000, with a fee of $100, your PNL would be: ($50,000 × 1 BTC) – ($40,000 × 1 BTC) – $100 = $9,900. This $9,900 represents your profit from the trade after accounting for fees. Calculating PNL can be done using either percentage or currency values, depending on how you want to measure your success. For instance, if your investment earned you $1,000 on an initial investment of $10,000, your realized PNL would be 10%. Why Does PNL Matter? 🔎 Understanding your PNL is crucial for several reasons. First, it helps you track the profitability of your trades and investments, giving you insight into whether your strategies are working as intended. Second, it plays a role in risk management, helping you decide when to exit a position or adjust your strategy to limit potential losses. Additionally, PNL is often used to evaluate performance over time, allowing traders to measure the success of different approaches. In conclusion, by regularly monitoring both realized and unrealized PNL, you can make data-driven decisions about your portfolio, ensuring that your financial goals are met while minimizing unnecessary risks. A Final Thought 💭 At the end of the day, PNL is much more than just numbers on a screen. So, next time you check your trades, remember that those numbers tell a story about your strategy, risks, and rewards 💼by WhiteBITPublished 1
twice whipsaw on BTCUSD today what I see in the price of bitcoin right now is exactly what is happening in the cycle November 15, 2023 03:00 UTF (tf.1h), marked with "whipsaw" and this is the first, there will be one more whipsaws in the next few minutes as you can see on chart. and after that, bitcoin wil never make any other whipsaws by tandrylaksanaPublished 0
BITCOIN BULLISH MOMENTUM IN WEEKLY!!!! The weekly BTC/USD chart above shows an Bullish Flag pattern, where Bitcoin’s price is trending upward within parallel support and resistance lines (yellow lines). This pattern often suggests a potential breakout if the price manages to break above the channel’s resistance. To set Fibonacci targets in the range of $90,000 to $100,000, let’s add levels that align with that price zone: 1. 150.00% ($90,000) - This can act as a strong psychological level within the bullish move, marking the start of the $90k range. 2. 161.80% ($94,407) - A common Fibonacci extension level that is close to the midpoint between $90k and $100k. 3. 175.00% ($100,000) - Reaching this level would mark a major milestone and could trigger significant profit-taking. These Fibonacci targets highlight possible resistance areas for Bitcoin within the $90k - $100k range, especially if momentum remains strong. This pattern suggests Bitcoin could keep climbing if a breakout happens, with these Fibonacci levels as possible profit-taking points.Longby anandahaidarrPublished 0
BTCUSD UPDATE - Bulls On The Charge!20SMA - Blue 200SMA - Pink Key Confluence Areas - Grey Lines Market Structure Support/Resistance - Green/Red Dashed Lines Your interest motivates me: If you find my analysis helpful, please boost and follow me for future analysis at your service. How I see it: For new ATH's a 1D candle must still close a body above 72740. An inside bar, "HAMMER" closed below the order block resistance yesterday. Confluence of support @ 69522 must hold. KEYNOTE: This is NFP Week, make sure you check your calendar before each session always! I deeply appreciate you taking the time to study my analysis and point of view.Longby ANROCPublished 1
Thursday 31st Oct Short Term Ideadomt act upon my analysis, trading is risky and im a noob / i dont trade im just practicingby Blessed_786Published 0
BTCUSD BULLISH PRESSUREWe can sight the strong momentum found on the 4H time frame of BTCUSD seeing the price pullback to find support, if the price remain above 73000 we can see a strong surge to 75000. Alternatively as the price is consolidating between 71458 to 72820 a break below 710286 will make the price dive down to 68411.by Austinet24Published 0