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BTCBUSD

BTC Completed its 4 HR HNS Pattern. Bear time?BTC just completed its 4 hr HNS drop and back touching the neckline. Whats next? My plan for today's trade: Sorry for the past 2 days absentees on publishing any new idea. I just hit a big profit with the last idea despite hitting a stop profit and decided to take a break for a while from trading (please always remember to take time off despite crypto trading 247) Everyone has probably seen that huge 4hr HNS and its now completed, along with the rebound back touching its neck. Most channels are already pointing downwards and I think we are heading towards the long needed correction before BTC can climb higher. I have just currently taken a short at 61699.9 and should a rebound hit, will further average my short at the orange channel resistance (top most red arrow somewhere around 63xxx). Should the HNS succeed, you can plan to take profit at the bottom of the light blue channel or near the blue colored marked buying area. I personally plan to hold this short for quite a while, hopefully up to 54xxx and from then on we will see how it goes. Should you decide to do a short as well, stop loss can be taken at either the green dotted line or orange dotted line depending on your risk appetite and portfolio management. Should you decide for a long, wait for the candle to hit bottom blue channel or when it hit the blue colored marked buying area. I personally feel a long is currently much riskier than a short. But please DYOR before making any decision The arrow icons are guide lines. It will not hit exactly on the same spot. Use them as guidelines to make decisions based on the ongoing channel lines closest to it. A rejection usually occurs when the line is hit. These are where u usually enter your trade, or set your stop loss, or gradually increasing your stop profit point. 1) breaking the channel line means continuation of the current trend. 2) rejection of the channel line means reversal of the current trend. The arrow patterns are possible movement path. It will not move exactly as how they were drawn. Use them as guidelines to consider your decision Please always remember to put a stop loss when you first enter a position, a stop profit when you are already in profit, and never chase a trade. Should you have any questions or inputs, please let me know in the comment section, I will always answer them as best as I can, Thanks for stopping by to my post, hope it can help you better in your decision making.
BITSTAMP:BTCUSDShort
by Vestige
8
BTC/USDT heads towards $70k according to elliot theoryHello everyone, Great to check bitcoin chart, elliot wave strategy combined with divergence theory. technical analysis : -Elliot wave has reached minimum lenght of wave three, waiting for the next candle to confirm whether wave four is over. -According to the divergence theory, MACD and RSI have canceled the bearish divergence that occurred during this period, the bullish trend will soon continue Note: - the length of wave five is the minimum peak of the current wave three, looking at today's chart, BTC is likely to touch the $70k level - After wave five ends there may be a fairly deep correction, preferably when approaching wave five, friends have made preparations, by choosing coins that might be staked with attractive rewards
by abusalmanibrahim
1
BTC/USDT 4HOUR UPDATE Welcome to this quick btc /usdt analysis. I have tried my best to bring the best possible outcome in this chart . BTC is trading around $63200 the resistances level is 21ma and previous ath or support level are $61800 . $58500 to $60900 strong support Expecting a bounce but not a trade recommendation now. I thing the price cam pump fore here . if its breaks the $62000 $59000 support then the chart will be invalid. But if it bounces from here and closes above 21 moving average 4 hour candle then we can assume that from here we can trade with alt coin Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
BTC/USDTLong , SL : 57K , can we see break out confirmation ??? , 3x . .....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Long
by Crypto-IR
Remain Bold Remain Bullish Crypt Future is Bright 🌊🏄‍♀️Levitation like rallies and Apocalyptic corrections. BTC and by extension Crypto on whole, are in extraordinary Bullish momentum phases. As a former sceptic, semi-recent convert to the cause my struggle was not comprehending what charts were actually communicating. When the mind opened, wisdom was received. Buy w/Cash. Buy Dips, Hold, Buy Dips repeat x infinitum CRYPTOCAP:BTC COINBASE:BTCUSD COINBASE:BTCUST FTX:BTCUSDT BINANCE:BTCBUSD
CRYPTOCAP:BTCLong
by d-MR96nBa
3
BTC/USDTShort , SL : 59K , Target : 42K ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Short
by Crypto-IR
BTC/USDT 4HOUR UPDATE Welcome to this quick btc /usdt analysis. I have tried my best to bring the best possible outcome in this chart . BTC is trading around $58.100 the support is 21ma and $56400 and resistances level are $62500, $63500.$64000. I thing the price cam pump fore here . if its breaks the 21ma or more then more the second support level then the chart will be invalid. The chart will become invalid. Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments section.
by CryptoSanders9563