BTCEUR update - correction phaseHi all,
Here's a quick update on the BTC EUR on a 4 hour chart.
Still leaning a little bearish personally, but let's see what happens. If this really was the turn-around point for btc or not.
I am very cautious at this point with my tradings, and are waiting for some solid confirmation of direction of the market.
Happy trading to all
Btceuro
BTCEUR updateAnd when the Bulls, come running in, and when the Bulls come running in..
Finally some bullis action..
Here is some scenario's and possibilities, looking at a 30 min chart.
Let's look out for follow through bull action, and building of momentum.
No rush in trading ;) always new possibilities.
This is not financial advice. Trade at your own risk ;)
Short position on BTCEUR short term?Hi guys,
It looks soo bearish right now. Anyone know how many bearish flags going down is normal? LOL Really, I'd like to know :)
Possible to - at least very short term - to play short positions with tight stop loss orders.
Again, not finacial advice, just my own ideas I'm sharing - they are not to be taken as signals to buy or sell. Remember to make your own decicions and analysis ;)
Possible BCTEUR bouncesMy TA and thoughts of BTCEUR
Looks to me that BTC likes to retrace to the 0.78 fib. level.
If this holds up for this Elliot C wave as well coming down and are about to finish,
we're looking at approx. entry points for long position at EUR 5761
If the major support is spiked/broken, we're looking at EUR 4638
This will create a double bottom, and might be a clear reversal point
Let's hope in this case that Major Support trendline is just spiked, and not broken for further Bearish momentum and lower prices...
This is only my thoughts and analysis, and are not to be considered financial advice. Please make any buys/sells at your own risk and analysis.
Don't miss this Buy trading opportunity of BTCEUR!!Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (7508.30 to 6384.70), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (7508.30)
Ending of entry zone (6384.70)
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 58.
Take Profits:
TP1= @ 8620.85
TP2= @ 9236.95
TP3= @ 10740.80
TP4= @ 12166.75
TP5= @ 14229.35
TP6= @ 16780.00
TP7= @ Free
Great Long-Term Hunting Opportunity in BTCEUR, Don't miss it!!Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (6384.70 to 5110.00), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (6384.70)
.Ending of entry zone (5110.00)
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 47.
Take Profits:
TP1= @ 7196.80
TP2= @ 8620.85
TP3= @ 9636.20
TP4= @ 10548.45
TP5= @ 11574.40
TP6= @ 14229.35
TP7= @ 16780.00
TP8= @ Free
Buy at 6947 Euros - New support line formedPrice was stagnant the last couple of days which made trading pretty boring, but we are now seeing some movement. Over the next day I expect the price to fall to around €6947 where it will find support, and then bounce back higher giving traders the opportunity to take profits.
Excellent Long-Term Hunting Opportunity in BTCEUR, Don't miss itTrading suggestion:
Price is in the support zone (9015.20 to 7950.00), traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Beginning of entry zone (9015.20)
Ending of entry zone (7950.00)
Take Profits:
TP1= @10406.40
TP2= @11574.40
TP3= @14229.35
TP4= @16780.00
TP5= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 39.
.Current short-term is range bound, but resumption of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BTCEUR, Don't miss itTrading suggestion:
Price is in the support zone (9729.4 to 7950.0), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (9729.4)
Ending of entry zone (7950.0)
Take Profit:
TP1= @10406.40
TP2= @11574.40
TP3= @13788.50
TP4= @15020.00
TP5= @16780.00
TP6= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 39.
.Current short-term is range bound, but Resumption of Uptrend is expected.