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Bitcoinusdt

Bitcoin is forming bullish BAT | A good long opportunityIn my previous idea we have seen that on 2 hour chart the Bitcoin was forming bullish Gartley then finally as per prediction the priceline entered in buying zone and after hitting the sell zone dropped down. Formation of new BAT pattern: This time on short term 4 hour based chart the price action of BTC is forming bullish harmonic BAT pattern and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: $6853 to $6777 Sell between: $7034 to $7307 Stop Loss: The potential reversal zone area which is up to $6777 can be used as stop loss in case of complete candle sticks closes below this level. Possible profit and loss ratio: As per above targets this trade has the profit possibility of 7.8% and as per stop loss the loss possibility is 1.10%. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
BITFINEX:BTCUSDLong
by moon333
2
BTCUSD forming bullish Gartley | A good long opportunityFormation of bullish Gartley: This time on very short term 2 hour based chart the price action of leading cryptocurrency Bitcoin is forming bullish harmonic Gartley pattern and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Gartley pattern should be: Buy between: $7276.7 to $7245.9 Sell between: $7301 to $7359.5 Stop Loss: The potential reversal zone area which is up to $7245.9 can be used as stop loss in case of complete candle sticks closes below this level. This idea is for short term traders not a long term idea; I will be keep posting more trading ideas. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
BITFINEX:BTCUSDLong
by moon333
3
Bitcoin Has Completed Gartley Move And Ready To Hit Upto $12KFormation of bullish Gartley: This time on very long term monthly chart the price action of Bitcoin (BTC) has formed bullish harmonic Gartley pattern and entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Gartley pattern should be: Buy between: $7231 to $5424 Sell between: $8654 to $12070 Stop Loss: The potential reversal zone area which is up to $5424 can be used as stop loss in case of complete candle sticks closes below this level. This idea is for long term traders not a short term idea; I will be keep posting more trading ideas. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
BITSTAMP:BTCUSDLong
by moon333
5
LONG VERY IMPORTANT UPDATE URGEN, IF THIS NOT COME I WILL CLOSE VERY IMPORTANT AND URGENT UPDATE DEPENS ON WHALE EFFECT EXCHANGE VinDAX ABOUT TO INCREASE THE VOLUME AGAIN. ----> transactions confirmed time ago ( usdt) i have done a gold chart before from 6K to 7K and more with the same whale effect study ---> all was right. I do only post this title if I'm sure about it. i did add a update before also with the same effect , and did expect btc from 6300 to 7k+ this was happend in max 24H. And now the same update title share with you that bitcoin will breakout by whale effect to above 7K. Expecting bitcoin in the next 48 H max above the trend 7200 Area. If you like this post pleas give it a like, and follow me for more new updates. # this is not and advice, trade on your way.
BITSTAMP:BTCUSDLong
by Protixder
19
Weekly 200 Simple Moving Average Is Holding Bitcoin Very WellSince starting of March 2020 we are watching that the Bitcoin is holding very strong support of 200 simple moving average on weekly chart. Even though the candlesticks has hit the price beyond this support level but now the priceline is moving above this support. At this time we can see that we have third green candlestick signaling that the price action is turning bullish. We also have the 100 simple moving average resistance above the priceline. And at this time the Bitcoin is in a kind of sandwich situation. We have also witnessed such situation back in November 2018 to April 2019 when the priceline broke down the 100 simple moving average support and touched the 200 simple moving average support and the Bitcoin was moving between these two SMAs and eventually price action turned very strong bullish and moved up by more than 300%. What happened when the priceline broke down 100SMA previously? If we dig the situation more deeper back in November 2018 then it can be observed that when the price of Bitcoin broke down the 100 simple moving average support it also formed a downtrend line and the volume profile of the complete price action moving above that trend Line was showing that the trader’s interest was very low below 6000 dollars and the point of control of the volume profile was at $6500 therefore in the area that interest. Therefore when the priceline moved in the area where we had weak interest of the traders the priceline moved up. Same as like that down trendline another down trendline has been formed by the Bitcoin price action and the volume profile of the recent downtrend line is showing that interest of the traders is very weak below 7000 dollars and the volume profile is at $10,300 therefore there are strong chances that the priceline will take another bullish divergence from this level. The big bullish Gartley will be executed soon: Here I would like to again divert your attention to the very big bullish Gartley pattern that has been formed on monthly chart by the price line of Bitcoin. And we can see even the priceline has hit beyond the PRZ level or buying zone but now it is moving in the potential reversal zone. And very soon the next month candlestick will be started in this potential reversal zone. We need some price consolidation at this level and after that priceline will take another powerful bullish divergence to hit the Fibonacci projection of A to D leg. And as we have discussed earlier that potential reversal zone or buying zone of this pattern starts from $7231 and ends at $5424 and Fibonacci projection or sell zone starts from $8654 and ends at $12070. But if the price line will cross up 0.786 projection level then it can start more powerful bullish rally than the previous one. Conclusion: Bitcoin is likely to embrace strong support of 200 simple moving average on weekly chart and there are strong chances that it will be bounced up from here like it was bounced back in 2019. The volume profile is also giving the bullish signal and the formation of bullish Gartley pattern is also giving bullish signals. but this time the situation is also critical as well. If the people will panic and start dumping the Bitcoin and cryptocurrency then we can lose this support and in that situation the priceline may go for the formation of bullish butterfly pattern. Therefore we should use the potential personal zone of Gartley and 200 simple moving average of weekly chart as our stop loss.
BITSTAMP:BTCUSDLong
by moon333
3
BITCOIN ABOUT TO BREAKOUT HUGE BACK NEXT TARGET 6500 BULL RUN!bitcoin on way to new bull run effect ---> depens on volumes at this moment are on MX-390 expecting the first target to 6500 usd a back trend! 6200-6250 are great enter target for next target increase. --> after btc will hit above 7k, expecting the first target 6500 usd i did share before a idea trend of 9K.. see here below the idea. Why i expect a bull run? i did expect before this trend a correction, this correction was very important for bitcoin to increase to new high level. there are so mutch new trends on market, that will make btc have a bullrun, i have it not about the dollar low- or the halving that are coming over some days, but more than that. ---> as you see the whale effect are MX-390 ---> the final update will be at 6500 with more info about the increase, and trends - whale effects This is not an advice, trade on your way. # this is expecting depens on data/study/whale effects, and trends. for more updates follow my channel for private signals ccontact me Thank you.
BITSTAMP:BTCUSDLong
by Protixder
13