btcfreak
Good evening followers! I hope you had a great weekend and I cannot wait to go straight into this Bitcoin trade idea and share it with you! Here we go! Bitcoin is trading in a beautiful triangle pattern since around 3 months already, bouncing off from strong support areas which are marked as orange zones on my charts. Always when price dropped to these demand...
Good morning trader! Please check out my first idea about Bitcoin. Meanwhile one of our buy orders was triggered. For this trade we can see signs of a possible trend reversal. There is a nice morning star pattern forming on the 4h timeframe and we can see a slight bullish divergence on the MACD. The doji bar in the middle rejecting the daily support zone with a...
Good morning traders! EUR/NDZ just finished forming a bullish pinbar, just a few pips below a strong daily resistance zone where price reversed 3 times in the past. Watch the Breakout zone carefully, there is a good chance we can breakout to the upside soon and this daily resistance would become support. We will wait for a pullback long entry after the breakout,...
Hy guys! After todays breakout with a strong impulsive wave to the upside, GJ is pulling back and is currently forming a bull flag, Checkout the screenshot, where you can find a very interesting zone of interest, consisting of a Pivot, 50EMA and the 50%-62% fib zone. Buy in this zone using a buy limit order or wait for price action and go long on a bullish...
1) 50EMA tested once 2) Higher highs and lower lows show an uptrend on the 1h and 4h 3) 50EMA right at horizontal support, Pivot and in the middle of the 50 and 61.8 fib retracement which confirms a multiple and very strong support level! 4) Safe stop loss below the 200MA I use a short term risk reward ratio of 1:1.5 for this trade. High propability trade!
Pros: 1) 1h Trendline broken 2) Bullish Pin Bar Rejection of 6,18 and 50EMA 3) Price Action at longterm multiple tested 1d support zone 4) Recent Golden Cross of the small EMA's on the 15min 5) Bullish MACD divergence Cons: 1) Downtrend 2) EMA's and price action below the 200EMA Feel free to put your stop loss below the recent swing low, that would be more...
Hy guys! I know BCH abc is totally oversold but I think as soon as the red support line breaks, BCH abc will skydive. Who knows how deep it will go then but I can see a good take profit or buying zone in the 0.002-0.0025 area. Use a close stop/loss in case this trade goes wrong. (High risk, high reward trade) Thanks! This is not a financial advice!
HY guys! Bitcoin could be heading down and make a higher low. Heavy fight around the 3900ish. If the bears succeed, we could see a higher low like shown in the charts. Thanks! PS.: This idea is not a financial advice!