Hello everyone! We can all agree that it's been an exiting week for BTC, after it managed to break the 38k resistance and climb to 42k in a couple of hours. So, what can we expect next? I'ts difficult to predict where the pair will go, if not imposible, however, we can analyze its past performance to try and identify future patterns. BTC has been in a downtrend...
As mentioned before, im just a day trader, please do not take my ideas as financial advice. Always do your own research. In previous ideas we could see BTC was accumulating at lower levels, with failed attempts to breach the 40k support, where buyers quickly step in to buy every dip. However, the buying preassure was still low and the pair got stuck in a range,...
I'm just a day trader sharing my ideas, please do not take them as financial advice. Always do your own research. It's been a while since my last update, and on my previous idea, I expected BTC to spring off support at 41k, which it momentarily did before heading to lower lows. We had a false breakout to 39.6k, which lasted no more than a few minutes (Scaring a...
Hello guys, as mentioned in previous ideas, im just a day trader sharing my ideas. Please do not take them as financial advice, always do your own research. As mention before, we've been shorting since 52k and waiting on BTC to descend to its highest support and demand zone, which spans all the way from 43k to 40k, to enter into some fresh LONG positions. In...
As mentioned before, Im just a day trader sharing my ideas, please DO NOT take them as financial advice, always do your own research. As seen in my previous ideas, BTC was stuck in a range (46k-48k) for over a month, and it failed to breach the 48k resistance multiple times. The 200ema (In the 1hr chart) was pushing its celing lower and lower and it slowly...
Hello guys, as mentioned in previous posts, Im just a day trader showing my ideas, do not take this as financial advice, always do your own research (DYOR). In previous ideas I talked about how BTC was struggling to get past the 48k resistance, suck in a range between 48k and 46k. We expected some downturn, which we got, and we are now trading in the low side of...
Hello guys, as usual, I'm just a day trader, I'm in no position to give advice. Im just testing out my strategies and Im looking to validate them with the comunity. On my past ideas, I talked about the support and resistance BTC was facing, and anticipated some price action succesfully. In summary, we are seeing BTC stuck in a range from 46k up to 48k, with...
Hello everyone, as mentioned in other ideas, I’m just a day trader looking to learn. Im in no ways an expert so please don’t take my ideas as financial advise. Always do your own research. As I suggested in my first post, BTC attempted to breach 48k just before new year, formed a descending triangle and with options expiryng at 00:00 (With the max pain price at...
Hello everyone, New Year’s update. Following my two previous ideas, BTC attempted to break the 48k resistance but formed a descending triangle. With options expiring at midnight, the maximum pain price being 48k and the formation of a descending triangle, I expected the price to drop to the 46k resistance, which ended up playing out. On my second idea, I noticed...
Hello everyone again, I'f fairly new at, just looking for feedback. As seen in my previous idea, BTC was forming a descending triangle after an attempt to break the 48k resistance. This with the options expiry at 00:00 I expected a breakout to the downside with very high volatility, which ended up happening and the pair quickly dropped to 46k. Now the 46k level...
Hello everyone, this is my first time posting an idea on BTCUSDT , I'm in no ways an expert, just a day trader looking to learn. With that out of the way, I notice BTC has made several failed attempts to breach the 48k resistance and trade volumes are decreasing. We had a small breakout attempt from that resistance, which lasted no more than a few minutes,...
Hello everyone, this is my first time posting an idea. I'm in no ways an expert, just a day trader looking to learn. With that out of the way, I notice BTC has made several failed attempts to breach the 48k resistance and trade volumes are decreasing. There is strong support at 46k so I can see some ranging between these two for the next couple of days. I...