SWING TRADE SETUP | ETHUSD \ MAYB..??ETH USD - BITMEX current Price $187.3 and dropping - IMO
(DOTTED GREEN) Long Points @ $181 - 173 - 163.65
#ORANGE SOLID LINES Mark Weekly Pivots
# Dotted WHITE Line is Daily PIVOT
Target @ $195 - 198 - 201 - 206 - 212 - 218 - 224 - 232
Stop-loss @OR BELOW $145
*****SWING TRADE*****
Funds ALLOCATION @ 3%-5% -
Leverage STRICKLY @ 3x ^DYOR & ONLY IF AFFORDABLE^
ALWAYS TradeSAFE & ALWAYS USE Protection {STOP LOSS}
GUDD LUCK 2Us ALL
CHeers,
bitATX
Bitmexsignals
Triangle almost done for BTCUSDI thought that this triangle/flag was an ABCDE pattern but, in ABCDE patterns you need to find 3,3,3,3,3 wave'd zig zag's. Then I thought it would be an ABC pattern but the C looked super extended. What correction pattern has an extended C wave? It would be WXY pattern!
Again i'm new to fib time zone, wave 5 has already gone past 1.618 of wave 1 distance. The extended wave 5, or this enter wave, fits the description of extended last wave therefore fits the bill for WXY. This extension I hope completes at the 2.618 which is approximately 4pm MST and the larger pattern should be complete.
What happens next should be a capitulation to $11,500 potentially, if this final larger wave does not extend.
POE on Binance !Double bottom, daily RSI looking bullish, bullish cross over on daily stoch rsi, breakout is imminent, targets buying zone of 27 - 28 and sell targets are 30 - 31 - 32 - 33 - 34 mid term sell targets 40 - 50 - 60. SL -7%. Message me directly for more premium signals like this.
Bit fall down further or just testing the supports then rally?G'day Cript-fellas,
How's your trading going?
Today, I am publishing my idea to give you possible movements of Bit price.
Here are 3 points of view in regards to my idea
A. Fibonacci (red ranged from $3121 to 13920, white 13920-7246, blue 13920-6306.5)
B. Falling wedge (green)
C. descending channel (emerald)
1. Fib
Fib range from $3121 to 13920 shows there is a 0.618 Fib at $7246 which is a possible rebound point
$6306.5 also will be a quite realiable rebound point as is used for a stop hunting recently.
2. Falling wedge is as just as shown with green triangle that with down-trend line
3. Descending channel is going on and the mid-line is at rebounding atm.
Around 25th Oct or so, above 3 points will be crossed over at 7246, which may give you an FOMO to buy.
If it rebounded, whether it's actual rally or just dead cat bounce, we could target to $7900 where the horizontal resistance exists.
However, if the line broken, $6380 can be a support to buy BTC, even though it may be a short term trading.
I guess, Sep to Nov 2018 BTC were stayed for a long time in between $6400-6300, a number of traders were waiting to buy BTC around $6380 with open there mouse wide like hippos :)
Cheers!
JB
Following up - Yesterdays callIf you had followed my analysis yesterday on BTC you can see I had predicted the move up to or above $8500 based on key resistance levels being breached at $8300, as a result of this we have seen BTC reach $8600 plus, my next move is to watch and see if we go back below $8500 it could swing back the other way, other than that I remain bullish for an upward spike, just liquidated all bitmex contracts entered at $8210 exited with 25x leverage at $8615. To join my VIP signals channel contact me directly by DM.
Remember only invest 1% of your portfolio per trade, do not get to greedy that is when you get burnt.
Bearish DivergenceWe have a rising wedge in 15 Min TF with waves beginning at the bottom, also the oscillator shows a bearish divergence while the price is moving up. We can expect a retracement down to Fib .38 levels, afterwards, we will look at the price action one more time before the next analysis.
Wave 4 short term upward position for BTCUSDThis will be the final leg up to $8362 before breaking down to $7500 region. To complete the bigger wave C and the end of the wave E grander flag formation. If you see my older charts I was expecting a price drop to at least $8500 to complete the 50% retracement of the last mini bull run.
ADAU19 Bitmex Nxt move!!In bitcoin, we can see long spikes which are liquidating longs and short.
Moreover, it gives an opportunity to earn profit in Alts in Bitmex
Currently, ADAU is in uptrend wait for a reversal and long the position
Target 470 Sats (Double top also)
Bitcoin Price Action Open LONG Position XBT/USD
Leverage 7x - 20x (or Cross Leverage)
Position Size: 1% -3%
BUY Limit Order Entry Range 1: $10194 - $ 10155
BUY LIMIT Order Entry Range 2: $ 10070 - $10025
SL: BELOW $9945
TP1: $ 10450 - $ 10480
TP2: $10655 - $10690
***DYOR***
Gudd luck to Us ALL
Cheers,
bitATX
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