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Bitcoin Analysis(🦀Bearish Deep Crab Harmonic Pattern🦀)🏃‍♂️Bitcoin is moving in the 🔴 Resistance zone($43,500_$42,800) 🔴 and near the Resistance line and inside the Ascending Channel . 🌊According to the theory of Elliott waves , Bitcoin seems to be completing a Zigzag(ABC/5-3-5) correction in the ascending channel so that wave A has an Expanding Leading Diagonal . 💡Also, Bitcoin has managed to form a 🦀 Bearish Deep Crab Harmonic Pattern 🦀. 🔔I expect Bitcoin to start falling after breaking the lower line of the ascending channel . ❗️⚠️Note⚠️❗️: If Bitcoin breaks the Resistance line, the scenario will change. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
32
Bitcoin Analysis (↗️Long↗️/↘️Short↘️Position)🏃‍♂️After failing to break the Support line , Bitcoin started to rise and is currently moving in the 🟢 Support zone($42,780-$42,280) 🟢. 🌊In terms of Elliott waves , Bitcoin seems to be completing microwave 4 . 🌊The structure of microwave 4 is Double Three Correction(WXY) . 🔔I expect Bitcoin to rise to the upper areas of the 🔴 Resistance zone($43,720_$43,340) 🔴 and then start to decline again . 🧐 What was the reason for the growth of Bitcoin in the last 24 hours❗️❓ 🔸 The first news of the receipt of the spot Bitcoin ETF application file by the Swiss company Pando is 3 weeks after this company's request by the SEC, which made many people hope for the approval of Bitcoin ETFs. 🔸But receiving the file does not mean approval and it is part of the standard process of reviewing ETFs by the US Securities and Exchange Commission (SEC). 🔸The second positive news is the listing of ARK 21Shares spot ETF in DTCC broker, which has caused this positive news to affect Bitcoin. ❗️⚠️Note⚠️❗️: The scenario will change if Bitcoin can close a candle in the 4-hour time frame above the Master Candle. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
by pejman_zwin
30
Bitcoin Analysis 🕯(Master Candle)🕯👋Hi, I hope you have a great weekend. 📚It is better to know that candles are considered as passports for charts. Candles alone or together ( candlestick patterns ) can convey concepts to us that help us identify price trends, and these patterns are in higher time frames , more volume and closer to standard patterns , the more valid they will be. 📉Today, I want to analyze the Bitcoin daily candles for the last week , which, along with the previous analysis, may help us identify the Bitcoin trend . 🕯If you look closely at the candle from five days ago in the daily time frame , you will see a candle with a red body , long and high volume , which contains five candles so far. The name of this candle is Master Candle . 📚 What is Master Candle ❗️❓ 🔸 There are different ways of looking at this trading strategy, but in its simplest form, a Master Candle is a candle which contains the highs and lows of at least the next four candles after it. It can be applied to forex, gold, oil , crypto, stocks, and indices. 🔸 When a Master Candle forms, a trade is taken if the High/Low breaks , taken of course in the direction of the break. 💡Also, candles number 2 , 3, and 4 together and on the 🔴 Resistance zone($43,560-$42,780) 🔴 form the Evening ​​Star Candlestick Pattern , which is one of the bearish reversal patterns . 💡Another point that may give us more insight into the value of this Master Candle is that this Master Candle is the longest and most voluminous daily Bitcoin candle since Bitcoin started its rally at $25,000 , and the other point is that this Master Candle has appeared at the top of the ascending channel and near the 🔴 Resistance zone($51,500_$45,340) 🔴 and the Regular Divergence(RD-) between two consecutive peak s can be seen.👇 💡Finally, before making a better conclusion, let's take a look at the weekly candlestick . The weekly candlestick has also formed a Hanging Man Candlestick Pattern near the 🔴 Resistance zone($51,500_$45,340) 🔴 and above the ascending channel . Hanging Man Candlestick Pattern is a bearish reversal pattern .👇 🔔As a result, I expect Bitcoin to decline and at least fill the 🔵 CME Gap($40,325-$39,290) 🔵 before falling to the 🟢 Support zone($39,000-$37,000) 🟢, given the Master Candle's red body and other analyses I shared with you earlier. ❗️⚠️Note⚠️❗️: If Bitcoin can break the High($43,810) Master Candle upwards, we can expect Bitcoin to rise to the 🔴 Resistance zone($51,500_$45,340) 🔴. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
38
🗺️Bitcoin Roadmap🗺️👋Hi, everyone; I hope you all have a positive Portfolio these days (be happy). ✅Bitcoin managed to break the 🔴 Resistance zone($38,650-$37,000) 🔴 [ In previous posts, my resistance zone was 🟡Price Reversal Zone(PRZ)🟡 ] and Important Resistance line during the weekend. However, this zone was not expected to break on Saturdays and Sundays when trading volume was generally low . 🏃‍♂️Bitcoin is moving on Important Resistance lines , Monthly Resistance (3) . It is interesting to know that all previous stations were on monthly pivots in the last two to three days. 🌊According to Elliott's wave theory , Bitcoin is on its way to completing the main wave 5 . 🌊If we want to look more closely at the waves, Bitcoin is currently completing microwave 3 of the main wave 5 . 🌊 Microwave 4 of microwave 3 of main wave 5 can end on one of the 23.6%($42,730) and 38.2%($41,676) Fibonacci lines. 💡 On-chain data shows that many Bitcoins have been purchased in the range of $45,000 and that medium-term Bitcoin holders are at a loss until now. If the price reaches this area, it is possible that a large number of holders will want to sell their Bitcoins at Breakeven ! 🔔I expect Bitcoin to make the first attack on the 🔴 Heavy Resistance zone($52,130-$45,840) 🔴 to complete microwave 3 of the main wave 5 . It is also likely that the first 🔵 CME Gap($40,325-$39,290) 🔵 will be filled after completing the main wave 5 . 📚There are at least 🔵6 CME Gaps🔵 that Bitcoin has not yet filled; generally, over 98% of these gaps have been filled in Bitcoin. 📚 Elliott waves include a series of Rules and Guidelines that you can analyze and predict the road map of the price. In general, in the theory of Elliott waves, you are faced with several scenarios that you should find the correct scenario with the help of other technical analysis tools and fundamental analysis and try to identify the correct scenario from the false scenario. ❤️In the end, here is some advice for you as a little brother: 🔸 TradingView website has provided us with a suitable space to transfer our analysis, so it is better to use it and not waste our time on destruction or ugly comments. 🔸If you have any comments, please share them with respect . 🔸 No analysis is 100% , so if you use analysis as an investment, it is better to follow capital management and take responsibility for it yourself. 🔸Please don't look at the words of Celebrities about the price of Bitcoin and other Altcoins as an investment ; check their past, and the truth will be clear(These days they are hot). 🔸I hope we can use TradingView to increase our capital and knowledge . ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Long
by pejman_zwin
60
🗺️Bitcoin Roadmap🗺️(15-minute time frame)🏃‍♂️Bitcoin is moving near the 🔵 CME Gap($40,325-$39,290) 🔵 and Support line . 🌊In terms of Elliott wave theory , Bitcoin seems to have completed its 5-wave downtrend near the support line. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect Bitcoin to Go UP at least until the end of wave 4 and at the next target of the 🔴 Resistance zone($43,180-$42,820) 🔴. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Long
by pejman_zwin
16
🚨Bitcoin is Ready for Correction🚨✅Bitcoin moved as I expected in previous posts and was able to touch the upper line of the Ending Diagonal again ( MicroStrategy helped in this movement by buying $600 million of Bitcoin). 📚The Ending Diagonal Pattern ( Elliot's point of view) is the same as the Rising Wedge Pattern ( Classical Analysis point of view). 🌊According to the theory of Elliott waves , Bitcoin is at the end of the main wave 3, so to complete this wave, microwave 5 of the main wave 3 had an Ending Diagonal structure. 💡In my opinion, the Ending Diagonal Pattern is standard so that the Fibonacci ratios are consistent with this pattern, as well as Regular Divergence(RD-) between Consecutive Peaks . 🔔I expect Bitcoin to start falling after breaking the lower line of the Ending Diagonal Pattern and Support lines and at least fall to 🟢 Support zone($36,000_$35,280) 🟢 or maybe Fill the lower 🔵 CME Gaps 🔵. ❗️⚠️Note⚠️❗️: If BTC can break the 🟡PRZ🟡, the Scenario will change. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
208
🗺️Bitcoin Roadmap🗺️⏰(1-hour time frame)⏰💡Bitcoin tried many times to break the 🟡 Price Reversal Zone(PRZ) 🟡 but failed every time. 🌊In terms of Elliott wave theory , Bitcoin seems to have found microwave 5 of the main wave C at the 🟡Price Reversal Zone(PRZ)🟡 and the upper line of the Rising Wedge Pattern . 💡One of the confirmation signs of our wave counting can be the presence of Regular Divergence(RD-) between two micro waves 3 and 5 of the main wave C. 🔔I expect Bitcoin to attack the Support lines and the lower Rising Wedge Pattern line after breaking the 🟢 Support zone($38,000_$37,650) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
26
$BTCUSD Long to 40KThe current analysis of BTCUSD suggests a discernible momentum shift, indicating potential trading opportunities. Our proprietary indicator, Cristallu ( w.aritas.io ), reinforces this observation, recommending entry points at 37,700-37,800. This strategic entry is accompanied by a Take Profit (TP) target at 40,500 and a Stop Loss (SL) set at 0.23% of 37,800. It's essential to monitor the market closely for updates and adjust positions accordingly. The context of the Bitcoin market is further enriched by insightful analysis on TradingView: .As discussed in your analysis, the imminent introduction of Bitcoin Exchange-Traded Funds (ETFs) is a pivotal factor to consider. ETFs have the potential to significantly influence market sentiment, introducing both opportunities and risks. The anticipation of Bitcoin ETFs underscores the importance of a nuanced approach to trading. While the market may experience heightened volatility and increased trading volumes, strategic entries and exits can be leveraged for optimal results. Your analysis on TradingView provides valuable context, emphasizing the need for caution and vigilance. As we navigate the dynamic cryptocurrency landscape, it's crucial to stay attuned to market developments, incorporating both technical indicators like Cristallu and broader market trends such as the potential impact of ETFs. This comprehensive approach ensures a well-informed and adaptive trading strategy, aligning with the ever-evolving nature of the cryptocurrency market.
COINBASE:BTCUSDLong
by wikitrades
Trading Bitcoin | Buy Orders | Elliott Wave (Mar 2020) - Part 1BTC/USD (weekly) has been labeled within a Cycle Degree wave III starting point. Cycle Wave II (black) has been called as the bottom during Dec 2018, unleashing the Crypto Bull Market. Primary (2) (green) hit the bottom in December 2019. Cycle II (black) Structure - Double Flat Dec 2017 peaks and down until Dec 2018 bottoms - Cycle II (black) Primary 1 (blue) Sequence - Impulse Break-out and confirmation of a bullish sequence. Primary 2 (blue) Structure - Correction Descending Channel unfolding within a complex Triple Three sequence. Next expected swing Bullish Impulse, with a rally in the 3 of 3's, of a Primary degree. Levels in focus: $7800 & $5550. Dominant Trend Bullish Impulse (Rally) presenting an Extension towards $35K and then beyond. Structure Change Primary 2 (blue) invalidation is at $3122.28.
BITSTAMP:BTCUSDLong
by Lionheart-EWA
4
Bitcoin Nearing the 35,000 Mark is ImminentAfter encountering significant resistance near the 38,000 level, BTC showed resilience by rebounding from its established support zone around 35,000 📉. However, this rally was short-lived as it faced a setback at the 100 SMA line, redirecting its course back to the 35,000 region 🔄. The sustainability of the 35,000 support is now a critical factor for Bitcoin's next directional move. It remains uncertain if this support can hold, but its role is crucial for any potential upward momentum 📈. We'll continue to monitor this closely and provide bi-daily updates on Bitcoin's price action. Stay connected for the latest insights. Best regards, GreenCrypto
INDEX:BTCUSDShort
by GreenCryptoTrades
1
Bitcoin will ⚔️Attack⚔️ to Heavy Support Zone⏰(1-Hour)⏰✅Bitcoin seems to have succeeded in forming an Ascending Broadening Wedge Pattern . 🌊Regarding Elliott waves , corrective waves in the Ascending Broadening Wedge Pattern follow the Double Three Correction structure(WXY) . 🔔After breaking the lower line of the wedge pattern, I expect Bitcoin to fall at least to 🟡 Price Reversal Zone(PRZ) 🟡and break the 🟢 Heavy Support zone($27,600-$27,300) 🟢. ❗️ Note ❗️: Corrective waves can continue; we can Confirm the end of corrective waves in the 1-hour time frame after breaking the 🟢 Heavy Support zone($27,600-$27,300) 🟢. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Satoshi Nakamoto (Bitcoin creator) woke up after 5 years! (in Twitter). Ethereum Futures ETFs Debut on Low Volumes. Blockchain finance to grow into $79.3B market by 2032 CBDC lays foundation for new global monetary system: French central bank. Elon Musk Believes Fiat Money is a Scam. Hong Kong Stock Exchange launches settlement platform powered by smart contracts 🌐➖ Negative News ➖🌐: Peter Schiff: ‘We Are Still Early in the Biggest Bond Market Crash in U.S. History’. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
110
Bitcoin Analysis: Seeking Profit with 1:2 Risk-Reward RatioAfter the short-lived spike under 25400 horizontal support (also for a very short time under 25k), Bitcoin started to reverse reaching the 27.500 mark. A new drop followed, but buyers sustained the price at 26k. At this moment a possible higher low could be in place and, in the short term, we could see more upside. That being said, I'm looking to buy dips in search of a trade with more than a 1:2 risk: reward ratio considering a rise to test the important horizontal resistance from 28.500. Negation comes with a drop under the recent low.
BITSTAMP:BTCUSDLong
by Mihai_Iacob
1
🚨Bitcoin Falls by Ending Diagonal Pattern🚨✅Bitcoin has been responding well to my 🟡 Price Reversal Zone(PRZ) 🟡 for the past few days. 🌊According to the theory of Elliott waves , Bitcoin seems to intend to form an Ending Diagonal pattern to complete microwave C of main wave Y . 🔔As a result, I expect Bitcoin to make a new high (slightly above PRZ ) and then start to Fall again. The target of Bitcoin drop in the first step can be the Support line . --------------------------------------- 🌐➕ Positive News ➕🌐: Crypto Asset Market Cap Should Explode by ‘5 or 10x’ During Next Bull Market, Says Macro Investor Raoul Pal. Grayscale CEO Michael Sonnenshein Says US Has Chance To ‘Assert Its Dominance’ With Crypto Regulation. Grayscale Submits Application for New Ethereum Futures ETF. 🌐➖ Negative News ➖🌐: Dormant Bitcoin Address Holding $56.3M Springs to Life After Nearly 6 Years. U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
80
🔴 BITCOIN | There Will Be Blood September is the worst month in history of bitcoin, its a month that all Bears order Lambo! While Shorts continue to stack into the weekend, expecting some kind of move around US Futures open and into Monday EU session. low whale order volume, the accompanying order book chart showed a lack of bid liquidity overall, with $25,500 gaining only modest interest. The BTC bullish momentum moving averages may act as resistance, It is no secret that Bitcoin has underperformed this month even by August standards, which have rarely given bulls anything to celebrate. volume is super low means more trader stopped trading and waiting for more confirmation. BTC is down 11% this month, and with the weekly close around the corner, anticipation is building among market observers. August 2023 is already vying with last year to become Bitcoin’s worst August since 2015. BTC price shed 13.9% in August 2022, a move which marked the beginning of half a year of pain. positive news events, such as the future green-lighting of the United States’ first Bitcoin spot price exchange traded fund , had not yet entered market consciousness. This week, despite containing the Fed’s preferred inflation gauge in the form of PCE, could well end up no different.PCE data is due on Aug. 31, hours before the Bitcoin monthly close, with Sep. 1 offering nonfarm payrolls and unemployment data The Bitcoin hash rate just hit 400 th/s for the first time ever which is mindblowing, considering the energy issues in Texas and the cost of electricity surging worldwide, means more whales prepare for new bull market The price of BTC is $25,965 today with a 24hour trading volume of 7 billion dollar. This represents a -0.6% price decline in the last 24hours and a -11% price decline in the past 14days most indicators all bearish and the next targets are 25,500$, 25k and 24,500$ whats your plan for September bloodbath ?
Short
by moonypto
6
Bitcoin ⚔️Attacks⚔️ the Support line again⏰(1-Hour)⏰🌟Bitcoin managed to form a Shooting Star Candlestick Pattern in 🟡 Price Reversal Zone(PRZ) 🟡. 🌊Regarding Elliott waves , it looks like Bitcoin is completing the Double Three Correction waves (WXY), although I have another wave count for wave 4, which again points to Bitcoin falling . 🔔I expect Bitcoin to Fall near the Support line . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: This Analyst Believes a Spot Bitcoin ETF Could Push Prices Over $42,000 Within 100 Days Latest Comments from Coinbase CEO: “SEC Chairman May Change in 2024, We Are Developing New System Instead of Stablecoins”. 🌐➖ Negative News ➖🌐: Crypto Liquidity Becoming More Concentrated Within Top Exchanges, Says Analytics Firm Kaiko. 🔥Mt. Gox repayment date looming.🔥 🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥 -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
56
✨GRAYSCALE WINS AND BITCOIN ETF! ✨ ✨ Absolutely amazing news here with the ruling by the D.C Circuit having ruled in favor of Grayscale in it's lawsuit against the SEC for the SEC's decision to deny Grayscale's conversion to an ETF successfully paving the way for Grayscale's filing/ETF petition to be reviewed. ✨ This amongst a series of losses and hard hits for the SEC the past few weeks has been shocking, no doubt casting doubt upon the SEC's decisions and reasonings with the Judge pointing out the fact that the SEC did in fact not offer any explanation or reason for why Grayscale could not file an ETF/go through with the conversion. ✨ This of course doesn't mean or give a 100% confirmation of Grayscale being successful with the Bitcoin ETF, but the ruling alone in itself is a huge achievement and will allow Grayscale to get another chance basically, and this time the SEC can't slap them away or deny the review. ✨ Such is the reason behind the big move up we've had today across the market with Bitcoin and XRP leading the way as whales jump back in amongst the positive news/outcome which had been weighing on the market considering Grayscale alone manages over $14 billion in assets and holds $643,572 BTC as of currently which definitely holds a lot of weight in the market. cointelegraph.com ] cointelegraph.com ✨ I'll leave the idea there for now but I've attached a link to an article below by Coin telegraph which should help explain more things about the ruling in detail for those of you that would like to read in more but regardless it's very positive and I'm happy with things of course. ✨ Thanks for joining me as we go about our crypto journey, not just as one, but together. It's not always easy but days like this really help ease the mind sometimes. Feel free to leave a like or follow, never hurts and always helps. Thanks and all the best! ~ Rock '
BITSTAMP:BTCUSD
by Rocksorgate
1
⚔️Bitcoin is ready to attack the Resistance Line⚔️(15-min)🏃‍♂️After decreasing a few hours ago, Bitcoin is again close to the Resistance Line . 🌊In terms of Elliott wave structure , Bitcoin has completed five impulse waves and is currently completing corrective waves . 🌊It seems that the structure of the corrective waves is of the type of Expanding Flat(ABC/3-3-5) . 🔔I expect Bitcoin to start going up from one 🟡 Price Reversal Zone(PRZ) 🟡, break the Resistance Line , and reach the 🔴 Resistance Zone 🔴. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Bitcoin difficulty jumps 6% to a new peak as miners ignore the BTC price dip. Bitcoin (BTC) May See Another Big Obstacle: Bloomberg's Mike McGlone 🌐➖ Negative News ➖🌐: FBI: North Korean hackers may be looking to sell $40 million worth of Bitcoin. Nearly 90% of Bitcoin Short-Term Holders Are Underwater, Onchain Data Show. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
76
BCH - What is next for Bitcoin Cash?Hi Everyone, BCH is now coming back down to close the imbalance that had been left once it broke swing highs last year. There is an order block sitting around 140, which should be the area to watch out for your buy limit orders. I expect price to continue falling to that area and I will start opening buy positions once we see confirmations that the Order Block will hold. Stop loss should be placed below the daily swing low, as the market could still drop further to the lower order block around 120.
Short
by Gaspar_Trader