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Bitcoin Price Action Day trade SetupHello as we seen bitcoin price dropped of on 32950$ level then we have seen a bullish sentiment on the market price action and it push to 45850$ and got rejected and it dropped again 39490$ area which we can consider it as correction of that bullish sentiment. So i am accepting that the price of Bitcoin will push up again to the previous area and it may breakup this time to the next resistance area. So i decided to go long for next couple of days until it hit my Take profit or Stop loss zone. What do you guys think let me know on comment below. Thank and we will see you all again on my next trade.
BITSTAMP:BTCUSDLong
by Market_Maker-
2
Bitcoin – new local tradeHello, everyone! Yesterday I gave you short signal which successfully reached target. Now I found the long signal, it has not confirmation with the divergence, but the price is testing the Demand Zone. The price can show us the reaction with the bounce. Moreover the bullish hammer candlestick pattern was formed next to this area. The take profit should be set at the Supply Zone. The trade attribute are following: Buy level: current price ($48930) Take profit: $51500 Stop-loss: $47642 DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Long
by Skyrexio
6
The Most Bullish Dump!The path of Max pain is not easy but for those that can withstand it you will be rewarded. For months I have been going over this channel for Bitcoin and I still think this channel will be the most important channel to follow this bullrun. The top being 0.618 Fib Fan and the bottom being the 2/1 Gann Fan both tools combined showing the bull run channel and if we ever going to 100k first we must have the correct setup and price being too close to the 0.618 FIb Fan was never looking to me like the setup to me. The perfect launch pad for the final leg would be for price to come back down to the 2/1 Gann at around 53k. If Bitcoin does come down to 53k down to the orange circle , it would be the start of the biggest rally in Bitcoin history, pay close attention to December the 9th.
COINBASE:BTCUSDLong
by Sporia
4
Bitcoin Chart Update: BTC May Visit $53000/$50000 Price Zone. Fundamental View: Inflation concerns primarily drive the recent rally in Bitcoin. This suggests that the supposed ETFs are not to blame but just an after-effect of increased demand for cryptocurrency due to economic uncertainty around the globe. This week's most exciting development comes from financial institution JPMorgan who believes there may be more behind it than what meets the eye, namely potential investment opportunities ahead should investors want them. All digital currencies, including Ethereum Classic (ETC) or Litecoin, are even higher for price fluctuations. Bitcoin's price rose a whopping 79% between September 21 and October 20. This is an impressive rally. But it might be due to some Corrections as two reasons could cause the correction. Firstly, bitcoin broke its previous all-time high at $65k only to experience five days of declines shortly after. Secondly, there was profit-taking following such substantial gains from those who had been accumulating coins leading up until now. Technical View It is expected that bitcoin rose its highest level because of inflation, and there raised a rumor that the USA given an ETF approval for BTC. So, downside correction is a must. And the fact is, BTC rose because of inflationary pressure. From the present rate, BTC's swing area is $65000 t0 $67000 price zone. So, it is expected that BTC may go to a downside correction level. Immediate support is identified at the $53000 Price zone. So, I expect gold to revisit the $53000 price at least for correction; maybe later from the $53000 price, it will revisit nearly $75000 Price. $53000/50000 price zone will play strong support. Unless BTC breaks below the $50000 price zone, we can't go for a long-term sell. We can sell from the present level to the $53000 Price zone. If the price drops below the $50000 price zone, we will think about the long-term sell, otherwise not. On the other hand, I expect BTC to rise again by testing the $53000/50000 Price zone. So if it happens, I will buy from that level, and our first target would be $65000 price zone and finally $75000 Price zone.
Short
by Gold_Trading_Expert
3
Bitcoin Entries + Exits for FREEThe ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how to play it: How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat. All likes/comments and feedback are very much appreciated! Thank you to all of those who support me on a weekly basis, it really does mean a ton to me!
BITSTAMP:BTCUSD
by ExclusivelyFX
1
Bitcoin to the MOON !!!!BINANCE:BTCUSDT In the daily timeframe we see a bat pattern with a very strong X. The price is strongly supported in touch with X. In this way, the price has touched X five times but has not been able to stay below X. I guess the price will see a growth soon. Tip 1: Monitor Price Action in the X range to enter at the best time Tip 2t: in case of failure of range X, this analysis will be invalidated Tip 3: This is just a personal analysis so be careful in your actions BEDONE FILTER ASLI
Long
by Mr_Flower
1
Bitcoin to the MOON !!!!BINANCE:BTCUSDT In the daily timeframe we see a bat pattern with a very strong X. The price is strongly supported in touch with X. In this way, the price has touched X five times but has not been able to stay below X. I guess the price will see a growth soon. Tip 1: Monitor Price Action in the X range to enter at the best time Tip 2t: in case of failure of range X, this analysis will be invalidated Tip 3: This is just a personal analysis so be careful in your actions BEDONE FILTER
Long
by Mr_Flower
BTC / USDT : 🚀 Update analysisBuy : 31200$ x10 Target 1 : 32500 Target 2 : 34000 Target 3 : 36000 Stop loss : 30000 The current movement for BTC above critical support at $31.2K if bulls holding and price rebound again to $38K, in this case, will see BTC breakout probably. if the Bulls fail to do that and the bears breakdown this support zone we will see $30K as the next level for bears!! in time like that, you have two option to do: 1-Open long position from support area with tiny stop - loss. 2-Wait for confirmation and trade with market direction. The current bullish targets above $33K located at
Long
by AltsVision
BTC / USDT Update Analysis TO LONGBTC / USDT : 🚀 Update analysis BTC once again from 30K to 34K firsr scalping zone in our list for now $39K is rseistance and we looking for bounce from it to 27k/23K next scalping zone!! Shows BTC still holds above this trendline which Bulls created since 11 Dec and that indicate how the bulls still strong and $31500/29K can be scalping area from a good zone. By breakdown of this trendline, the next zone will be at 27/23K and we keep eye on price reaction from these levels.
by AltsVision
2