Get started

Btcusdtrading

BTCUSD: Double buy entry plan. Bottom is close.BTCUSD is technically on red indicators on the 1D time frame (RSI = 41.679, MACD = -426.400, ADX = 31.022) as it is inside a Channel Down pattern since April 14th and under the 1D MA50 since May 7th, but is near the HL trend line that is supporting throughout 2023. There are high chances of holding this trend line so our strategy involves placing the first buy now and the second on the 1D MA200 in case the HL line breaks. The medium term target is the R1 (TP = 32,000). Observe how the price action of the last month is much alike (also on the RSI) with that of December 2022, both under the 1D MA50. This bolsters the probabilities for a rebound. Additional validation will come after the RSI crosses over the LH trend line. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
2
BTC: Is it about to start a decline? After a long period of fluctuation, the market has finally started to experience a downward adjustment. If you have a short position, you can now breathe a sigh of relief. My personal recommendation is to take advantage of this opportunity to reduce your position on dips. As for long positions, we can start building positions now. The key support level is at 25K. Conservative traders can wait for the market to adjust to around 25-25.5K before entering the market, while those with large funds and aggressive strategies can directly buy on dips below 27K. Control your position size and aim for a breakout above 30K. I will continue to update my views and strategies on Bitcoin. I have already started a million-dollar challenge, where I will operate an account and aim to earn a profit of 10 million within a month. A viewing account will be provided to allow everyone to experience how large capital positions can generate profits in the market. Let's witness it together!
Long
by FlashTrades_
2
BTC, Laught now, Cry laterBTC last correction is ending, next is heading to negative value As we can see, comparing to oil chart during the covid crash, when in extreme market conditions, too much "dumb money" on same side, sharks take use of that to make big money while all the dumb money bets on the same side. 100k+ calls are a good example of the dumb money here in this market conditions when DXY is preparing a next leg to the upside. I expect same conditions as it happened on oil during 2020, more the price falls, more longs will be added to the market, market will get irrational and drop as much as it needs to get all longs out, bellow 0 is a good number to get everyone out of longs A good trade now, a short at any price, SL placed above 30k And TP bellow 10k Check previous charts as I predicted euro crash before it happened as well during 2021
BITSTAMP:BTCUSDShort
by fernandoc17
3
Million challenge: Buy BTC @27K In the short term, the rise of Bitcoin has been hindered and there has been a slight correction as the upward pressure is capped at 28,500. It has been emphasized in previous articles that 25K has become a short-term bottom, and the operation still considers buying on dips as the main strategy, with a target of 30K in mind. I have already started a million-dollar challenge, where I will operate an account and aim to earn a profit of 10 million within a month. A viewing account will be provided to allow everyone to experience how large capital positions can generate profits in the market. Let's witness it together!
Long
by FlashTrades_
1