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#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC 4Hr UPDATE ! BTC is trading inside the Rising Wedge if BTC breaks the uptrend line then BTC can be a bouncer from here support zone is currently $23740 and Secondary Strong Support $23230 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
1
#BTC/USDT 4HOUR UPDATE !! Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC /USDT UPDATE ! It breakdown mid-range and currently holding above the mid-range and golden pocket. If it is retested successfully below the mid-range and breakdown the order block then there is a possibility of testing the ascending trendline or the previous lows. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
More Bearish patterns....Bitcoin doesn't seem to catch a break , 4hour forming bearish continuation pattern has more chance of a breakdown especially with this volume , even though we have a bullish MACD cross if we have no volume for follow through we go nowhere. Target breakdown would be 16.5k , you could trade this either way but a short has higher probability of playing out because of such low volume. Short- Wait for 4hour candle to close under bottom of triangle . Stop Loss top of triangle 21k. Long- Wait for 4hour candle to close above triangle but also must have large volume breakout to confirm follow though. Stop loss last swing low 19700. Since this could be the move down to capitulation expect a massive distribution up thrust before heading lower , triggering all stop losses , won't be surprised if we get a move like the yellow dotted line you see on the chart, high risk trade whichever you go.
BITSTAMP:BTCUSD
by Sporia
11
BTC New Entries + Exits (Best Reverse Strat Ever)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
BITSTAMP:BTCUSD
by ExclusivelyFX
18
Bitcoin - Will BTC See $10K By The End Of This Bear Cycle?Hello traders, here is my analysis for BTCUSD. Without a doubt these market conditions are extremely difficult not only from a trade execution perspective but also from a mental perspective. - You have to stay strong and take each day as an opportunity to learn and grow as a trader. BTC Makes History - BTC hit the lowest level in it's history on the weekly RSI. What does this mean? - Basically it means BTC is extremely oversold and is overdue for a bounce. Where could BTC end up by the end of this Bear cycle? - One of the first posts that i made stated that BTC could hit $20K by the end of the cycle and possibly lower.... - I wasn't expecting BTC to hit this level as quick as it did. - Being as we are still early in on the bear cycle, this tells me that BTC still has much further downside to go. - So here are the levels I think BTC will hit. 1) $20K - High Probability 2) $12K - High Probability 3) $10K - Medium Probability 4) Below $10K - Low probability I think BTC will most likely hit $12K by the end of the bear cycle ad possibly even $10K. - In my opinion there is a low probability of price trading below $10K but it's very possibly given the current economic conditions. - Keep this in mind... This is the worst economy in the USA in over 40 years. - Meaning since Bitcoin's inception, this is the worst economy it has ever faced by far. - We don't know what kind of effect that will have on BTC after all is said and done, so don't under estimate how low BTC can go. Hang in there and don't give up. I've seen thousands of retail traders throwing in the towel, you have to stay strong and be patient. This is what separates the winners from the losers, if you can make it through the worst bear cycle in the history of crypto you can make it through anything in the future. Eventually this will end and BTC will probably have the best rally in its history after this bear cycle is over and it hits the $12K low or whatever it will be. Thanks everyone and best of luck trading!
by natef1
4
BTC Supports On Price Theory. BTC continue Going Down. And Everyone Ask Where is the Bottem. I have posted already the Time Theory Chart. And Now have Calculated the Price Theory Chart That Show All The Point Where maybe The Bottam. The First One is 20985 and The Date are From 13 To 16 June. So We hope that The First one Is Realy Bottam. I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade. Aprox. All Crypto Currencies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis If You Like My Work Just Come and Join Me. Not A Financial Advice
Short
by MoonTradingForecast