Crypto proponents have long argued that Bitcoin and other digital assets, on account of their being an idiosyncratic asset class, could act as hedges against wild swings in other areas of the financial market. That proposition is currently being tested as more speculative areas of the market come under pressure amid expectations interest rates could climb higher...
BINANCE:BTCUSDT DM to get the Trend Strength Indicator
The general thesis of this multi-timeframe analysis is that BTC broke out of weekly range namely resistance at $ 38k with previous week's close, and now intraday timeframes might gift us risk defined setups for entry at $37,400 towards daily and weekly target at resistance ($45,000) (+19.75%). As seen above, the daily chart suggests that BTC was unable to...
Self explanatory. Double risk to 4%. Not financial advice. Trade at your own risk. BITFINEX:OMGUSD
BTCUSDT broke three trends in the last 7 days. The closest horizontal support I see at $ 45,000 (-10% from here) but not all is lost. There is a good bounce happening that may allow us to make a third trend reclaim, plus we are bouncing off the 100MA and 100EMA at $49,500. We can see that in the previous market cycle of 2017, the 50 Day MA acted at least 6 times...
Self Explanatory but feel free to ask anything in the comment section.
This is just my thought and not financial advice. Trade at your own risk. BINANCE:BTCUSDT
Hello World! Today I bring you this setup for NANO / USDT with a likely 10:1 Risk Reward Ratio and a 72% gain target I will likely take in the next few hours. I set a limit order to BUY set at $4.30 and a Stop loss below the previous power wick, laying at $4.00. A tight stop loss in addition to a target defined by the Highest Daily close at $7.48 from the...
BINANCE:BNBBTC 🚨PLEASE LIKE AND SHARE IF YOU FIND IT USEFULL🚨 Some of you liked the way I explained my procedure for enteering a trade and calculating position size in my EOS/USD swing trade, so today I'll try to replicate it with this new BNB/BTC setup that I found. ** This analysis is ment for educational purposes, not financial advice. Trade at your own...
BITFINEX:BTCUSD Eighty thousand might become the new twenty. - JRuiz
BITFINEX:BTCUSD How accurately will history repeat itself for BTC/USD? 3 30%-40% retracements in crypto bull markets are much more common and likely than people realize lately. It is true that Bitcoin´s volatility will be ever diminishing, but it is also true that the strong breakout from $20,000 does not prove that and therefore, neither should the...
BITFINEX:EOSUSD 🚨Please LIKE & SHARE THE LINK if you find this usefull!!🚨 In a previous idea I was asked if I could explain my procedure to enter a trade and that I will try to do here. I had an earlier idea about this triangle formation that got deleted, but after months of waiting, I can begin to say that the breakout is here and it came just as planned. 🟠...
BITFINEX:BTCUSD Is a 30-40% correction inevitable??? Only evident weekly support at 12-13k