Trade Idea: BTCUSD Long (BUY LIMIT)Technical Analysis:
Daily Chart
• Trend: Strong uptrend with a recent bullish recovery from a pullback.
• MACD: Bullish crossover, MACD line above Signal line, histogram positive.
• RSI (14): 66.21 — momentum is strong but not overbought.
15-Minute Chart
• MACD: Positive histogram and crossover confirming short-term bullish momentum.
• RSI (14): 53.89 — mid-range, confirming no immediate exhaustion.
• Price Action: Higher lows and higher highs indicate short-term trend alignment with the Daily.
3-Minute Chart
• MACD: Bearish divergence, indicating a possible short-term pullback.
• RSI (14): 43.43 — recent dip offering a better long entry on minor weakness.
• Price: Currently consolidating near $97,000 after rejecting a local high.
⸻
Fundamental Context:
• Macro: Institutional inflows into BTC ETFs and upcoming monetary easing expectations are long-term bullish drivers.
• Market Sentiment: Risk-on behavior across equities is spilling into crypto.
⸻
Trade Setup (Long Position)
• Entry: $96,800
• Minor pullback support zone on M15/M3, aligns with moving average and volume node.
• Stop Loss (SL): $95,400
• Below recent swing low and structural support.
• Take Profit (TP): $100,200
• Near Daily resistance and psychological round number FUSIONMARKETS:BTCUSD
Bitcoin (Cryptocurrency)
Bitcoin (BTCUSD) – Bullish Continuation SetupBitcoin is showing strong bullish structure on the daily timeframe, having broken out of a key range and now approaching a potential retest zone.
Price is currently hovering around 96,990, and we’re anticipating a possible retracement into the demand zone between 91,856 – 88,533. This area aligns with a previous consolidation and breakout range, offering a high-probability buy zone if price reacts with bullish intent.
📌 Key Technical Highlights:
Break of structure confirms bullish bias
Demand zone identified between 91.8K – 88.5K
Anticipating a retracement for continuation
Bullish targets toward 100K+
We’ll be watching lower timeframes for confirmation (engulfing candles, bullish BOS, or SFPs) before entering long.
Bitcoin Analysis - 7 MayThe price continues to move within the range of $91,700 - $100,400.
In approximately 3 hours, the FED will announce its interest rate decision.
The expectation is for it to remain unchanged.
If it remains unchanged;
there could be a horizontal consolidation between 94,990 – 97,500.
If a breakout occurs, the upward movement will accelerate; otherwise, there could be a pullback to the 91,781 – 94,990 levels.
If the interest rate is reduced;
the psychological resistance at 100,400 USDT may be tested, and if surpassed, the target of 109,605 (ATH) comes into play.
If the interest rate is increased;
the supports at 94,990 USDT and below could be tested quickly.
The levels of 91,781 and 85,085 USDT become potential targets.
With stronger selling, the support zone at the 2024 ATH level of 73,776 USDT may come into play.
BTC/USDT Analysis: Watching the Reaction at the HighHello everyone! This is a daily analysis from the trader-analyst at CryptoRobotics.
Yesterday, Bitcoin finally broke out of the range to the upside. The local selling zone at $96,100–$96,600 didn’t show any reaction. On the retest, it acted as a mirror level and supported continued growth.
At the moment, the local bias has shifted. All major volume clusters are now located below the price, so we can expect a new high. If we break through the current high, it’s important to watch the sellers' reaction. A false breakout could lead to a significant drop, but if it doesn't happen, the next potential target is $105,000.
Sell zones:
$98,000 (key level)
$107,000–$109,000 (volume anomalies)
Buy zones:
$91,500–$90,000 (strong buy-side imbalance)
$88,100–$87,000 (absorption of market selling)
$85,500–$84,000 (accumulated volumes)
$82,700–$81,400 (volume zone)
$74,800 (key level)
$69,000–$60,600 (accumulated volumes)
What do you think — which scenario will play out?
Drop your thoughts in the comments — it's always interesting to compare views!
This publication is not financial advice.
BITCOIN BULLISH TO $114,000 - $116,000 (UPDATE)Bitcoin buy's running 1,200 PIPS in profit since I posted this analysis. You'll be in higher profits if you bought when I first posted it on our quarterly report🚀
We've seen Wave 4 bottom form, followed by a BOS showing BTC is now in an uptrend. 1,200 PIPS profit & counting. $116 incoming📈
Bitcoin is Overbought, but $100,000 Target is Still at HandFenzoFx—Bitcoin is overbought at $97,000, a signal indicated by the Stochastic Oscillator. The price is expected to consolidate before the uptrend resumes. In this scenario, a dip toward $93,565 may provide a favorable entry point into the bull market.
Watch this level, followed by $91,720, for bullish signals such as candlestick patterns.
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Market Overview (May 7, 2025)📊 Key Metrics
1. Funding Rate: ~0.018% (on Binance)
— positive rate indicates long position dominance and bullish sentiment
2. Open Interest (OI): GETTEX:29B , up ~ SEED_TVCODER77_ETHBTCDATA:7B in recent days
— rising OI suggests new positions are opening, increasing volatility risk
3. ETF Inflows: +$420.9M (May 6)
— strong institutional demand, especially into BlackRock’s IBIT
4. Fear & Greed Index: 67 (Greed)
— rising greed may signal potential for a short-term correction
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📈 Market Movement Probability
• Upward: 60%
(supported by ETF inflows and positive funding)
• Downward: 40%
(high greed and rising OI could trigger a correction)
⸻
Disclaimer: This is not financial advice. Always do your own research.
BITCOIN SENDS CLEAR BEARISH SIGNALS|SHORT
BITCOIN SIGNAL
Trade Direction: short
Entry Level: 96,964.04
Target Level: 86,587.12
Stop Loss: 103,865.43
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURAUD DETAILED ANALYSIS BULLISH OR BEARISHEURAUD is currently trading around 1.75600, forming a classic falling wedge pattern on the 12-hour timeframe. This structure typically signals a bullish reversal, and with price compressing near the wedge’s apex, the likelihood of a breakout to the upside increases significantly. Momentum is slowing on the downside, while buyers are beginning to show signs of re-entering the market, suggesting the pair is gearing up for a potential bullish surge toward the 1.85600 level.
Fundamentally, the euro is holding firm amid persistent inflation data from the eurozone, increasing speculation that the ECB might remain hawkish longer than expected. On the other hand, the Australian dollar is facing pressure due to softer commodity demand and cautious rhetoric from the RBA. This divergence in central bank outlooks favors euro strength in the near term. Today's minor beat on euro PMI data and lackluster performance in Aussie retail sales reinforces the strength of this directional bias.
Technically, this falling wedge is forming after a strong bullish impulsive leg, which adds further credibility to the reversal setup. Buyers have successfully defended the 1.7500 psychological zone, and a breakout above the wedge resistance could trigger a sharp rally. A move above 1.7600 would likely act as confirmation for bulls, opening the door for a measured move toward the 1.85600 target area.
As long as price holds above the 1.7400 region, this remains a high-probability bullish setup with a strong risk-reward profile. Traders will be closely watching for volume increase and price rejection candles at resistance to confirm the breakout. This is a prime example of a technical and fundamental confluence setup that professional traders look for when positioning for medium-term swing trades.
BITCOIN Mirror fractal from the past calls for massive rally!Bitcoin (BTCUSD) appears to be repeating almost the exact same price action as mid-late 2020 as it has broken above the Pivot trend-line that separates the recent distribution from the 2nd Accumulation phase and has successfully re-tested it while the MA50 (blue trend-line) is holding as Support.
If the latter continues to hold, then it might fuel a massive rally similar to October 2020 - April 2021. As you can see both fractals started of with a 1st Accumulation Phase (blue Rectangle) being supported always by their respective MA200 (orange trend-line), which led to the eventual Distribution Phase (red Arc). Even their RSI sequences are identical.
Is this another pattern supporting that BTC will reach at least $150k next? Feel free to let us know in the comments section below!
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Bitcoin Still Stuck in Resistance – Eyes on CME Gaps & USDT.D%Bitcoin ( BINANCE:BTCUSDT ) touched $92,830(first target) and started to rise as I expected in the previous idea . Overall, Bitcoin has been moving in a range for about 12 days .
Note : In general, trading in a range market is more difficult than in a trending market . If your performance in a range market is not good, it is better not to trade until the trend is clear (this is just a suggestion).
Bitcoin is currently trading at a Heavy Resistance zone($95,950-$88,500) and has failed to break through it, and it seems like Bitcoin needs more momentum to break through this zone. Do you think Bitcoin will finally break through the Heavy Resistance zone($95,950-$88,500)?
In terms of Elliott Wave theory , it appears that Bitcoin has completed a five-wave impulsive and we should expect Corrective waves .
The analytical conditions of the Bitcoin chart have been a bit ambiguous in the past few days, so it's better to take a look at the USDT.D% ( CRYPTOCAP:USDT.D ) chart to increase the accuracy of Bitcoin analysis .
USDT.D% failed to break the Support zone(5.13%-4.95%) after several attacks. It currently appears to be forming an Ascending Broadening Wedge Pattern . It appears that USDT.D% needs to complete this pattern to break the support zone, and if this pattern fails , we should expect further increases =Bitcoin crash .
I expect Bitcoin to decline to the Support zone($92,910-$91,414) , 21_SMA(Weekly) and Cumulative Long Liquidation Leverage($93,359-$92,296) and probably fill the CME Gap($92,525-$91,415) this time and then start to rise and prepare to break the Heavy Resistance zone($95,950-$88,500) and fill the CME Gap($97,680-$96,455) .
Cumulative Short Liquidation Leverage: $98,989-$97,924
Note: If Bitcoin breaks below the Support zone($92,910-$91,414), we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin is currently testing a major resistance zone between $98,000 and $100,000, which also aligns with the 0.707 Fibonacci retracement. This area has previously acted as a strong supply zone, raising the possibility of a short-term rejection.
Scenario 1 – Bullish Breakout:
If price breaks and closes above $100,000, we could see a strong continuation toward $106,000 → $112,000, driven by momentum and possible FOMO.
Scenario 2 – Deeper Pullback Before Continuation:
If Bitcoin gets rejected at resistance, a retest of the lower support zone (previous demand area) may follow.
A successful bounce from that support could reignite bullish momentum in the medium term.
Trading Strategy:
Wait for a confirmed breakout and candle close above $100K for a high-conviction long entry.
Alternatively, look for buy setups on a pullback toward the support zone for a better risk-reward entry.
How are you planning to trade this setup? Breakout or dip-buy? Share your strategy below! 👇
Don’t forget to like and share your thoughts in the comments! ❤️
TradeCityPro | Bitcoin Daily Analysis #84👋 Welcome to TradeCity Pro!
Let’s dive into the analysis of Bitcoin and major crypto indices. As usual, I’m going to review the New York futures session triggers for you.
⏳ 1-Hour Timeframe
As you can see in the 1-hour timeframe, yesterday after news of tensions between India and Pakistan, Bitcoin moved upward and made a sharp rally to the 97409 zone, returning once again to this high.
📰 This news created fear in the market, and the buying that occurred was driven by fear and news impact. In my opinion, this bullish leg won’t be sustainable in the long term unless the price stabilizes above the 97409 level and starts a new upward leg.
✨ If the 97409 level is broken, we can enter a long position since it aligns with the current bullish trend, and we can position ourselves for the breakout with a wide stop-loss.
✔️ But make sure your stop-loss is wide and placed below the market’s main support because a significant resistance is being broken, and there's a high chance of volatility before the market actually moves upward. A tight stop-loss may get triggered before the actual rally begins.
💥 A momentum confirmation for today’s long position could be RSI entering the Overbuy zone, and if that happens, the chances of breaking 97409 increase significantly.
📉 For a short position, we should wait and see how the news impact plays out in the market. If it turns out to be driven by FOMO, naturally in the next few days, the price may move back down, and we could enter short positions on breaks of levels like 95370 or 93626.
👑 BTC.D Analysis
Let’s move to Bitcoin Dominance. Yesterday, dominance stabilized above the 64.91 level and managed to move up to 65.25.
🎲 Currently, Bitcoin is a much better option for long positions since dominance is rising, and even breaking 65.28 would confirm another bullish leg in dominance, potentially pushing it toward the top of the channel.
📅 Total2 Analysis
Let’s analyze Total2. Yesterday, this index faked a breakdown below 1.01 and simultaneously moved upward with the news, now reaching the 1.03 zone. A break of this zone could confirm a bullish move toward 1.05.
⭐ The main trigger for a long position remains the break of 1.05, and I strongly recommend being positioned if that level is broken.
🔽 For a short position, you can still enter on a break of 1.01 — I still think it’s a valid trigger.
📅 USDT.D Analysis
Now for USDT Dominance: yesterday, this index also faked a move above the 5.20 level and has since dropped to 5.04.
💫 Activation of the 5.04 trigger could be confirmation for a long position and a sign of USDT dominance starting to decline. The main trigger remains the break of the 4.99 bottom.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
BTC New Update (8H)This analysis is an update of the analysis you see in the "Related publications" section
In the previous scenario, we considered that Bitcoin was in a diametric where wave E had extended. However, after reviewing the charts and analyzing various scenarios, we decided to revise the wave count as shown in this update, since wave E of the previous diametric scenario became overly extended.
You can see the complete wave count of the chart in this update. The correction in Bitcoin started from the point where we placed the red arrow on the chart. This correction was a diametric and ended where the green arrow is placed.
From the point where the green arrow is shown on the chart, Bitcoin's bullish wave has started, which is either wave A or W.
According to this scenario, the expected rejection zone should be between 98K and 103K.
The lowest-risk area for price rejection is the red box.
A daily candle close above the invalidation level will invalidate this analysis.
Let’s see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin H1 | Potential bullish bounce off a pullback supportBitcoin (BTC/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 95,480.50 which is a pullback support that aligns with the 50.0% Fibonacci retracement.
Stop loss is at 93,200.00 which is a level that lies underneath a multi-swing-low support.
Take profit is at 97,770.35 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
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BTC - Will history repeat itself?In this description, I will compare the current price action of BTC with the market behavior seen in 2021. Both cycles share notable similarities in their structure.
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2021 bullmarket
During the 2021 bull market, BTC displayed classic topping price action. The chart showed slightly higher highs and higher lows, eventually forming a bearish Head & Shoulders pattern. This signaled a shift in momentum, and BTC subsequently broke down, confirming the bearish outlook.
At the lows later in 2021, Bitcoin’s price action became more corrective, with slightly lower lows and lower highs-often an early indication of a potential trend reversal. That reversal materialized as BTC launched into a strong impulse move to the upside, rallying all the way to the key Golden Pocket Fibonacci level before experiencing a modest retracement.
Following this healthy pullback, BTC gathered enough strength to break through resistance and surge to a new all-time high (ATH), which ultimately marked the peak of that bull cycle.
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This bullmarket
In the current bull market, BTC formed a classic double top pattern, echoing similar setups from previous cycles. After reaching highs near $110k BTC experienced a significant correction, dropping to around $74k. At this level, the price action turned corrective, with a series of slightly lower lows and lower highs-reminiscent of the consolidation seen at the 2021 market bottom.
During this consolidation, BTC established three notable lows, forming a potential base for a reversal. Following this corrective phase, BTC surged upward in a strong impulse move, reaching the critical Golden Pocket-the 61.8% to 65% Fibonacci retracement zone, which is widely regarded as a key area for potential reversals or continuation of trends.
Currently, BTC is consolidating near this Golden Pocket. Traders are watching closely to see if the price will face rejection here, as it did in 2021, or if it can break above and sustain a new uptrend. The outcome at this level will likely determine whether the next major move is a continuation to new highs or a deeper retracement.
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Conclusion
When comparing the corrections following the 2021 and 2025 peaks, the similarities are striking. Both cycles feature a bottom formed through a similar pattern, followed by a strong move up to the Golden Pocket Fibonacci level. The key question now is whether BTC will experience another corrective pullback before making a renewed attempt at the all-time high, or if it will break through resistance and continue its upward momentum. Only time will tell which path the market will choose.
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GOLD - Bullish Structure with Potential Continuation PlayThe current 1-hour chart of Gold (XAU/USD) demonstrates a clean bullish structure supported by an ascending channel and multiple unmitigated Fair Value Gaps (FVGs) acting as potential demand zones. This setup highlights the strength of the ongoing uptrend and offers insights into a high-probability continuation entry should price retrace.
Market Context and Trend Structure:
Following a prolonged downtrend visible in the earlier part of the chart, Gold reversed decisively with a bullish break of structure. Since then, price has been consistently printing higher highs and higher lows while respecting an ascending parallel channel. This channel, marked by two trendlines, encapsulates the short-term bullish momentum.
The current move is strong and impulsive, suggesting that institutional order flow is behind this leg. Candles are elongated with minimal wicks on the upside, reinforcing the idea of aggressive buying pressure.
Key Demand Zones and FVG Analysis:
Three major Fair Value Gaps (FVGs) have formed along the recent bullish leg, each potentially acting as a zone of reaccumulation. These FVGs are marked in green and correspond to areas where price left inefficiency after strong upward moves without immediate retracements.
* The most recent FVG, located just beneath current price, aligns with a minor structure support zone and overlaps partially with the lower boundary of the ascending channel. This area stands out as a prime candidate for a bullish continuation entry, particularly if price retraces and shows signs of holding.
* The middle FVG, slightly lower in the structure, represents a deeper mitigation level and could serve as a secondary entry in case the initial zone fails to hold.
* The lowest FVG is a broader inefficiency zone that formed near the base of the bullish reversal. If price returns this far, it would likely signify a temporary shift in momentum or deeper liquidity hunt before another leg upward.
Channel Structure and Momentum:
The ascending channel has been respected throughout the rally, offering visual confirmation of trend strength and the rhythm of pullbacks. The current price is near the upper boundary of the channel, and a short-term retracement is a logical expectation before continuation.
A pullback into the FVG + lower channel region would represent a convergence of structure, imbalance, and trendline support. These overlapping technical elements enhance the probability of a bounce from this zone.
Projected Path:
The chart also suggests a conservative bullish continuation projection, aiming toward the zone marked around 3449.12. This level appears to be a measured move extension and a safer target in relation to the overall structure. However, the note on the chart implies that the all-time high (ATH) could also be in play if momentum continues and market conditions remain supportive.
The key here is the behavior around the nearest FVG. If price retraces and holds this area—potentially forming a bullish engulfing or confirmation on lower timeframes—it may offer an ideal continuation entry with minimal drawdown.
Conclusion:
This Gold 1-hour chart reflects a strong bullish structure with clear institutional footprints left in the form of unmitigated FVGs. The alignment of ascending channel support and bullish imbalances creates a favorable setup for continuation traders. Watching the immediate FVG zone will be critical, as it may define the next impulsive leg toward higher targets. If that zone fails, deeper FVGs below offer secondary opportunities while maintaining the bullish bias as long as structural higher lows remain intact.
BTC is suggesting a potential bearish reversalBitcoin (BTC) is currently exhibiting a head and shoulders pattern near the $96K– GETTEX:97K resistance zone, suggesting a potential bearish reversal. This pattern, characterized by three peaks—the middle being the highest—indicates that the upward trend may be weakening .
The Federal Open Market Committee (FOMC) meeting on May 7, 2025, is a pivotal event for BTC. While the consensus anticipates that the Fed will maintain current interest rates, the market is keenly awaiting Chair Jerome Powell's remarks for hints of future monetary policy directions. A dovish tone could bolster BTC prices, whereas a hawkish stance might exert downward pressure .
Technical analysis reveals that BTC has been trading within a range of $93,399.86 to $97,625.81 over the past 24 hours, with the current price around $96,362. The Relative Strength Index (RSI) stands at 58, suggesting that BTC is approaching overbought territory but hasn't crossed it yet .
A significant support level lies around $88,700, where substantial liquidity could trigger a price rebound if tested. However, if the head and shoulders pattern confirms a breakdown, BTC might retest lower support levels, potentially around $78,000 .
Actionable Insight: Traders should closely monitor the neckline of the head and shoulders pattern and the outcome of the FOMC meeting. A break below the neckline with increased volume could signal a bearish trend, while a dovish Fed stance might invalidate the pattern, leading to bullish momentum.
More Analysis and Trading Ideas on SorooshX
Bitcoin 2nd Entry? Is It Possible? Can I Do 20X Now?Can I still do Bitcoin with leverage? Absolutely but...
Where were you when the prices were low?
Where were you when Bitcoin traded below 80K, 90K?
Leveraged is for experts only so I would say no and yes.
No you cannot use leverage if you want to use leverage now that prices are going up. It means you have no plan and regardless if the action keeps going for long that no plan strategy will result in a big loss later down the road.
If you do decide to use leverage after the bottom is far away ($75,000 remember?), in that case you should use a maximum of 2-3X.
Yes you can use leverage if you can I don't need to tell you so. If I have to tell you so then it means that you are better off buying some Altcoins spot. Why? Because you can get the same growth potential but without the risk, anxiety and stress.
Why would you like to use leverage now?
You are thinking of making money, lots of it and fast. You are using greed to decide.
If that's the case, no! Go back to scratch and start from zero.
It is better to earn 100% very slow than lose everything thinking of making money fast.
Imagine you have a $5,000 capital and you want to open some positions using lev. You are thinking low risk, the market is already up and several days green. Tomorrow there is some political event and shakeouts can happen out of the blue. You might think you did it good, entered with low risk but as soon as there is advance you decide to buy more and your leverage increase. As prices rise you buy more and so your risk continues to increase. Then just a strong sudden shakeout and your whole stack is gone.
The intentions were nice, you wanted to make money now that Bitcoin is going up but you didn't plan and you ignored the market 100% when prices were low. Accept the loss and move on.
Now, instead of a leveraged position use $5,000 to do some spot trades. The market is bullish, the Altcoins are bullish and ready to grow next. It should be easy to pick 3-5 top pairs and double-up in a couple months.
Say it takes three months for a 200% profits, quite do-able with the Altcoins with current market conditions; now you have a capital of $15,000. Now you can use $5,000 to try leverage as much as you want but only after a correction hits and support is in, that's the time to go LONG.
And then you have $10,000 left. $5,000 is your initial layout and $5,000 is profits to enjoy with wife, your husband, your friends, your siblings or all by yourself, all alone. Whatever you do is up to you.
It is better to earn 200% slow, than to risk losing everything because greed is eating away at your soul.
Just let it go. It is never worth it to lose your hard earned cash for a dream that never turns up. Just let it go, you are better off reading and studying, you are better off saving that money rather than giving it up.
Either way, you will learn. If you engage the market long-term, accept your mistakes, eventually, you will be on the right side. Read, study, practice and meditate.
Money is easy when you develop the right mindset.
It is all in your mind.
Namaste.
Bitcoin Moving Averages: Back To BasicsBitcoin today is trading safely above the long-term SMA200 moving average on the daily timeframe. This is a major signal. The break above this level happened 22-April with a huge green candle. This event marks the confirmation of the next major advance. While Bitcoin was trading below SMA200 daily, black line on the chart, there was still space for doubt. Once the action moved above this indicator, the bullish bias is confirmed.
Bitcoin is also trading daily above EMA8/13/21 & 34 which are moving averages to gauge the short-term potential of an asset.
Then we have EMA55 and EMA89 which is used to measure mid-term potential. Once Bitcoin trades above EMA55 daily, we can say that mid-term growth potential is now active. 1-3 months. Once the action moves above EMA89, this potential is fully confirmed.
Finally, I track also EMA233 and EMA377, very long-term and Bitcoin trades above these as well. These are in the same range as SMA200.
Bitcoin is ultra-bullish right now and set to produce additional growth.
Remember that the MACD and RSI are also flashing bullish signals across all timeframes. Also basic.
All the technicals are 100% bullish.
Thanks a lot for your continued support.
Bitcoin (and the Altcoins) is going up.
P.S. The green action today allows for volatility tomorrow without hurting any of the bullish technicals. So bullish it is impossible to miss. The fifth consecutive week green.
Namaste.
Bitcoin Short-Term Support Zone, Buy Zone & Extreme Danger ZoneBitcoin is now trading within its main long-term 100K-200K beyond entry and buy zone. These prices are listed green on the chart.
The support zone is above $91,000 and the extreme danger zone (which won't be tested—Bitcoin is safe and strong) is $89,250.
If Bitcoin trades below $95,000 this is a major opportunity to buy and even to open LONG (lev.) positions. Any trading above $90,000 is ultra-bullish.
If Bitcoin trades at $89,250 or higher market conditions remain extremely good but this is a rare opportunity. It is likely we will not be able to enjoy these prices again but if it happens, make sure to make the best of it.
Any trading below $95,000 is a super strong buy.
Any trading above $95,000 confirms the continuation of the bullish move.
Bitcoin is neutral while the Fed decision is in. When the Fed publishes its decision, there will be some volatility followed by growth.
» Late May 2025 the entire Cryptocurrency market will be ultra-bullish. Repeat, ultra-bullish this very same month.
» Whatever you do, buy and hold and accumulate like it is the end of the world. This is truly the last chance. You've been warned.
Thanks a lot for your continued support.
You deserve the best and you are Gold!
Namaste.
Litecoin Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring LTCUSDT for a selling opportunity around 85 zone, Litecoin was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 85 support and resistance area.
Trade safe, Joe.
Bitcoin is Showing a New Trend!!!Hey Traders, in today's trading session we are monitoring BTC/USDT for a selling opportunity around 95k, Bitcoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 95k support and resistance area.
Trade safe, Joe.