Hi, Analysis, short comment: if BTC goes above 46,000 we can say we broke the downtrend (Bear Market) If we go below 38,000$ then we are still in bear market. PS, in around 2 - 3 years BTC will be way above 100,000. Having said that, dont expect it soon, be realistic and dream big!.
Going long on a short trade based on 1HR chart, double bottom in previous support.
Going short, based on rising wedge (likely to fall) Also inverse head and shoulder in area of value. 40 pips possible profit, 30 pips possible lost. 1.3 x 1 RR
Order not placed in an OTZ, but based on MACD, seen some buying volume, we are following a trend. We are currently in a downtrend, however definitely see a small long position +50 pips.
Going short, only once we hit next resistance area. Put the order in there to go into it once it gets hit.
Going short, detecting strong resistance, also asemetrical path, next step is to go down. 1:1 RR.
Going short for a 2:1 RR. Seen that we are entering an OTZ (Optimal Trading Zone) Can definitely see a big opportunity here for this trade.
Shorting for a 1.5 x 1 RR. If it hits the target line.
Charting, if it hits back into support, definitely going long in it.
Going long, only if I see a double bottom / inverse head and shoulder at the listed price tag in the chart. If so I would go long with a almost 2:1 RR.
Going short in BTC - TP 33 K. Even though it wll defintely reach 29k
2:1 RR If it hits the yellow line (target) then il open a short position.
BTC is going down in a bear run. towards 29k. Then it can continue to 19k.