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Bitcoin-trading

April 22' Micro Bitcoin Futures Positive DivergenceRecently, the CME April 22' Micro Bitcoin Futures contract witnessed a positive MACD divergence. The low on April 11 was repeated on April 12 (Shown with green arrows). However, the MACD (Moving Average Convergence Divergence) was higher on at the same price level on April 12, than it was on April 11. This is called positive divergence. The 12 period (in this case 30m) EMA began to gain strength vs the 26 period (again 30m) EMA, as the futures were weakening. This is a signal that the downtrend may be changing. The trade was initiated after resistance was broken, denoted by the green horizontal line. Here you had a break out above resistance, combined with the strengthening MACD. $42,300 is the next logical target, with $44,000 being the final target, as it was previous resistance. MACD Education: Developed by Gerald Appel in the late 1970’s Useful in trending markets because it is unbounded MACD Line = (12 period EMA - 26 period EMA) Signal Line = 9 period EMA of MACD Line MACD Histogram = MACD Line - Signal Line Convergence occurs when the MA move towards each other. Divergence occurs when the MA move away from each other. Typically the 26 and 12 period EMA are used Oscillates above and below 0 When MACD is positive, the shorter average is above the longer term average Signals when it crosses from below to above the signal line Histogram was developed by Thomas Aspray in 1986 Signals MACD above or below signal line
CME:BTC1!Long
by Paul_Wankmueller
1
Bitcoin - Swing Trading Idea Till End of April - 7 April 2022BITFINEX:BTCUSD recently drops to a strong support zone as my expectations from my previous trading idea last Thursday. Bitcoin conference is in progress and a big announcement coming soon - over 16:30 Miami time. In short term, such a conference is a bearish indication, but in the long run of course means more adoption. What is the supported thesis technically for the expected uptrend on Bitcoin - price finished symmetrical A-B-C correction with A=C wave - MACD indicator is at the low of 1-st April with the potential to reach the target - 25% move will be good for price action and an indication of a parabolic 5-th wave - huge probability price to range in 47-48k - day or two when starting exploding If you have any questions related to this trading idea I will be happy to provide you with answers.
BITSTAMP:BTCUSDLong
by TradingTie
10
BITCOIN - The FORMATION That Can Lead To A SURGE ABOVE $100,000!Hello, Welcome to this analysis about Bitcoin on the 4-day timeframe perspective. In recent times Bitcoin is developing crucial determinations from a fundamental as well as technical perspective. As mentioned in my previous analysis of Bitcoin there is a higher possibility given that Bitcoin has the ability to manage to hold above the $35,000 area and to form a reversal formation above this area. In this case now when looking on the more broader global perspective I detected a massive formation that Bitcoin is forming which already formed severely in Bitcoins history. This formation when completed will have a massive impact on Bitcoin's further development. Of course, it is also necessary to consider the fundamental side nevertheless in this case we can also watch positive movements going forward as the technological adoption of Bitcoin is moving forward with Exchanges adopting the Lightning Network, Bitcoin-ETF establishments making progress, and authorities looking to legalize Bitcoin. If there do not come any major disruptions or recession/depression dynamics as we have seen it within the Corona-Crash in 2020 these processes can go further. In this case, I detected the most important structures from a technical view and what to consider in this manner. As when looking at my chart we can watch there how Bitcoin already once completed this decisive Broadening-Wedge-Flag-Formation which came along after Bitcoin managed to recover from the devastating abnormal Corona-Crash-Dynamics which hit all global markets in May 2020. The Broadening-Wedge-Formation has completed after these critical events and from there on Bitcoin showed up with greatly expanded volatilities. The Broadening-Wedge-Flag-Formation that forms a second time now is having a much bigger scale and completion of this formation will just have a much stronger effect as the formation completed after the Corona-Crash-Dynamics. In this case, there is wave D and E remaining with approaching the upper and lower boundary of the formation before completion can show up. The completion of this paramount formation will activate targets above the $100,000 mark. For now, it will be important how Bitcoin completes this pattern and if it finalizes appropriately Bitcoin is looking into a bright development with the completion of the formation, it will be an interesting development. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
41
Bitcoin - 10 Days Ahead Swing Trade - 31 March 2022BITFINEX:BTCUSD correcting as expected. In the next couple of hours, the price will reach a region of $45'000 and will find strong support. In the past weeks, there was a wedging consolidation, which connected two major waves - wave 4 with wave 5. I think wave 5 by Elliot Wave Theory started and there is a huge probability for a strong quarter and reaching levels even above $100'000. In short term coming uptrend is confirmed by: - On 1-hour time frame correction is Zig-Zag - Dynamic support trendline on 1 hour TF - Tests of previous swing highs - Confirmed price action from daily & weekly If you have any questions related to this trading idea I will be happy to provide you with answers.
BITSTAMP:BTCUSDLong
by TradingTie
2
BITCOIN - Depending on TA into new uptrendHello trading friends, This is a trend update for BTCUSDT with the last trends. Into the last trend, we did show some no trading zones - also where the first confirmation could be - as it shows on this last trends: Bitcoin is now depending on TA into a new uptrend - At the same time, we are now exactly in the time frame area. it's important to hold coming time the trend in the watch - as it can breakout - but same time we should follow the confirmations on the time frame. Know its crypto - and trends could change with time - that's why it's important to follow the last trends of TA. There is not a trend that goes only up or down - but sometimes we have cycles that could take a long time to increase - all of this we should confirm with a time frame and live updates. The whale setups zone did stay strong. Give your nice like - if you like content or trading/studying the trend of BTC. and if you want to get alerts with the next BTC updates - follow the channel - Thank you Have a great day.
Long
by watchtrend
1
KCS 4 HR BreakdownOrange Area = 4 Hour Imbalance If we trade above this on a 'closing' basis then think higher prices - possibly $21.50. If we failed to do so, the first objective is $17.50, if we remain heavy the second objective is $16.00 BTC sentiment still appears bearish , this makes be bearish on crypto assets across the board. I'm not selling.. I may trade these a bit in the coming weeks. I'm waiting for extreme discount scenarios so I can invest. I honestly don't trade crypto but these markets seems really nice for swing trades. - Maradona Capital Happy learning
Short
by KnowledgeAndProfits
BTC ON RED ZONE - SINCE LAST TRENDSHello trading friends, Coming times are very important for BTC - since BTC trends are in the red zone - also since the last trends on Ukraine and Russia. its possible that the 40k+ was a fake bull trend - the time frame will confirm it, the trend did change for the breakdown trend to 38.7 since last trends There was before an update about that breakdown tren can start from 37.8 as you can see here below into this chart. weekend volume is not the best volume trend - but since the last trends from Ukraine and Russia, it could make a change. Manage in all-time you works well - as BTC can show unexpected trends. This is not a trading call - but a reminder of the before chart. Ukraine and Russia's side looks not good - I hope for all people the best - and peace. Have a great time.
Short
by watchtrend