Bear Flag broken on the1D, expected drop to 19-17k
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC quick update.
BTC broke the bear flag in the 1D time frame that was expected from the last few days. If prices closes below then we now can expect price to touch $19k area of support level at least.
WHY I'M ON BEARISH
1) Price broke the bearish flag pattern.
2) MACD is confirming the Bearish momentum
3) Volume continuously going down
4)"Super trend" breakout on the daily confluence with all signals down.
What do you think guys?
Share your views in the comment section.
If you agree with my points then do hit the like button.
Thank You!
Bitcoin-trade
Near Buy Setup Model Pair : Near/USDT (Binance, FTX,Kucoin)
Direction : LONG
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Position Size: 5-10%
Leverage :1-3x
Trade Type : Standard Trade
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Near is lying on strong daily support and bearish momentum shows weak in price movement, Mid term move started for this VIP beast ,which has gained short term momentum and is getting ready to reach our mid term targets.
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ENTRY:2.93-3.55
(OTE:3.26)
Targets: 3.65$-3.80$-4$-4.35$-4.80$
Stop Loss:2.52
Risk: Medium
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Yours Truly,
Trader Needs
10.2.2022
BNX : ALL TIME HIGH WITH WHALE MOVEMENT THAT CAN SUPRISEBNX is one of the coins that have a high chance to get into the new ALL-TIME HIGH.
THE DCA whales make it a possible process for BNX to be one of the top coins as the structure volume increase with time.
There is a high chance for BNX to have the ultimate breakout to ALL TIME HIGH.
For this reason, this coin will be very interesting to follow as the patterns of trading shows a green cycle for this coin.
History shows that this coin has a recovery wall: which means it's not like other recovery coins when the market gets into a breakdown.
with more of years, experience studying markets seems that BNX on more factors and it shows that it's a coin that can surprise more users.
This is not trading advice.
Never take info from the internet as 100% right and always study and filter self the charts.
Bitcoin Day Trading Setups, Scalping Entries🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 SHORT BTC - Entry Price Adj. to : $24,460 📉
💵 Length of trade: we are expecting BTC to hit a 300 scalp, with a high end of $500, and a minimum expectation of $200.
We see BTC back testing $24,000
We are playing off that generally after these news spikes with the CPI, we have a retracement in the next 48 hours.
🕰️ Duration of trade: we are expecting this to occur in 6 hours of this signal, with a maximum duration of 9 hours .
Recession's here? Don't fear, Gold signifies the new frontier.Gold monthly setting up for an explosive upward move in relation to forex bulletins and potential global bifurcation.
BTC Elliott Wave tradeThis is my plan to entry for a long positions on Bitcoin.
I am still bearish on Bitcoin and I will show after this my trade setup for short positions, but anyway the market can do anything and if it will go long than I must see something to enter for a long position.
Only count from here is to have an bigger 1 wave and now multiple 12 12. The last 1 wave it can be this expending leading diagonal and after the correction I would enter for a long position after the price breakup the B wave. The correction can also end in the area of 4th wave from the expending leading diagonal .
Invalidation will come if price goes below wave 2 from the first 12 formation.
I will keep update this trade setup so if you like it subscribe for future updates
Bitcoin easy trade / Easy SHORT on Bitcoin / Swing / 4H frame Hello.
Bitcoin is finding some huge resistance around 21800$
Easy SHORT trade with 1/2 risk-reward. (5% Stop Loss) and
Don`t use more than 10x leverage, and don`t use more than your daily limit of money for trading: If u trade with maximum 50$ for a day don`t bet more than 50$ on 10x leverage on this trade!
Good luck.
Bitcoin potential trade setupBitcoin is likely to come down to 30,832 - 30,325 before its next leg up towards 34k. This key zone also merges with our golden zone(78.6-61.8) of fib play and is a major order-block/liquidity level which is required for the push further up, as btc has ran out of steam from its previous pump.
A possible trade setup is also presenting itself,
Trade : BTCUSDTPERP
Entry - 30,736
Stop loss - 29,924
Take profit 1 - 32,307
TP 2 - 32,854
TP 3 - 33,548
DO NOT RISK MORE THEN 2% OF YOUR CAPITAL FOR THIS TRADE
Risk - Untested demand zone below stop loss. ( check charts)
XAU/USD June 1st Trade SetupHello all here is the Gold setup for the day:
Short: Look for a break and close below 1832.02 to fill the range down to 1815.
Long: Look for a break above 1838.255 to fill the range up to 1846.
Risk Management:
Stop loss: Previous candle high (1-2% Risk)
Strategy:
When the Trade is in 10 Pip's profit close 50% and add a stop loss breakeven allowing runners to final take profit. Advance traders look for larger plays when available.
Blue Vertical Lines: Major News Events