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Btcuusd

BTCUSD SELLING NOW POSSIBLEHere's a summary of your updated BTC/USD trade plan: Trade Plan - *Entry Point*: 98300 (current) - *Target*: 93000 - *Stop-Loss*: 99300 Market Analysis The BTC/USD is experiencing a bearish trend, driven by a strengthening US dollar and decreasing investor sentiment. Technical Analysis - *RSI Indicator*: The Relative Strength Index (RSI) is below 40, indicating a bearish momentum. - *Moving Averages*: The 50-day moving average is trending downwards, supporting the bearish view. - *Resistance Levels*: The resistance levels at 99300 and 100000 could provide a selling opportunity in case of a bounce. Risk Management - *Risk-Reward Ratio*: Your risk-reward ratio is approximately 1:5.3, which is relatively aggressive. - *Position Sizing*: Make sure to adjust your position size according to your risk tolerance and account size. Trade Progress You're currently 5300 pips away from your target. Keep monitoring the market and adjust your strategy as needed. Stay disciplined and stick to your trade plan. Good luck!
BITSTAMP:BTCUSDShort
by Geroge_Fx
Short BTC Setup Based on Structure Break and Quasimodo Pattern Short BTC Setup Based on Structure Break and Quasimodo Pattern (1-Hour Time Frame) Here's a potential short setup for Bitcoin (BTC) using a structure break on the 1-hour time frame and the Quasimodo (QM) pattern, illustrated by the chart: Structure Break Analysis:Current Price: BTC is trading around $68,159. Key Levels: PDH (Previous Day High): $69,526.65 D-open (Day Open): $68,400 PDL (Previous Day Low): $67,159.03 Quasimodo (QM) Pattern: Higher High (HH): BTC reached a peak at $69,600. Higher Low (HL): A trough formed around $68,000. Lower High (LH): BTC formed a lower high at $68,400 (near the day open). Lower Low (LL): The potential lower low could be around $67,000 (near PDL). Entry and Execution: Entry Point: Short at the retest of the D-open level ($68,400) after the structure break. Stop Loss: Place above the recent lower high, around $68,500. Take Profit: Target the PDL level at $67,159 or adjust based on a favorable risk-reward ratio. Chart Analysis: The chart shows BTC breaking below the D-open level, indicating a potential bearish trend continuation. The Quasimodo pattern suggests a bearish reversal, with BTC forming a lower high and breaking below the higher low. By following this setup, traders can potentially capitalize on the bearish momentum in BTC. Remember to use proper risk management strategies to protect your capital.
ICMARKETS:BTCUSDShort
by TAMIone
1
🚧BITCOIN will Go Up Again🚧 Road Map(1-H)🗺️!!!As you can see, the price has reacted well to patterns in the past. If we are optimistic or realistic now, the price can grow well after breaking this pattern. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️
Long
by CobraVanguard
5
XAUUSD BULLISH We are looking to buy gold from here 1634 till 1720 almost 900 pips we are predicting last time we predicted it to go down from 1664 till 1628 almost 350 pips and now its looking up and more then just up its almost 900 pips fro our perspective so buyers here is one of the best opportunitites we have for you with proper risk amangement the stop loss will be of 1620 and the target will be of 1720 so the ratio is almost 1:9 hope traders will make a fortune out of it
OANDA:XAUUSD
by VICKY_4
BITCOIN:NEW OPPORTUNITY|DOWNTREND+SIDEWAYS|SHORT SETUP 🔔Welcome back Traders, Investors, and Community! Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
COINBASE:BTCUSDShort
by FOREXN1
4
Bitcoin with possible Whale VOLUM TO 59K TREND - BUY DIPHello friends, Bitcoin looks to have a buy dip trend by whale signal from us Watchtrend. We can expect from the 56K a new re-entery to 59K trend on day- trade and possible long term order. The markets looks now into A BUY DIP TREND. # AS its buy dip trend use a good stop limit and good riskmangement, as market can change in downtrend Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
1
Bitcoin Has Spiked Beyond $13K And Signaling To Hit $14K SoonHey friends, hope you are well and welcome to the new update on Bitcoin. In April 2020 I shared the post where I showed that on monthly chart the price action of BTC has completed final leg of bullish Garltey move. And as per Fibonacci sequence of Bullish Gartley the priceline turned bullish from the potential reversal zone of this harmonic pattern and produced more than 94% rally. At this time the 0.786 Fibonacci projection is working as a strong resistance and the candlesticks of the leading cryptocurreny is trying to break out this resistance. In my previous article I showed you few more things that the priceline of BTC is forming different harmonic moves on hourly chart and having very firm support of an uptrendline as well. And these moves were signaling for a big move soon. After using 100 simple moving average support the priceline turned bullish and broke out the $11K to $11150 resistance level . And $11000 to $11150 started working as very strong support. In the meanwhile the priceline of Bitcoin also retested these supports which were previously working as resistance and after successful re-test spiked more beyond $13K. Now I want o show you the upchannel on weekly chart that was the base of my prediction that the priceline can spike upto $13500 very soon. Previously when I posted this up channel on 2nd oct the priceline was at $10398 and now after this move the Bitcon has reached beyond $13300 that is more than 28%. Now if we take a look at this channel on live chart then the priceline of King of all cryptocurrencies is reached more than the half of this channel. The Bollinger bands is showing resistance therefore once Bollinger bands will be expanded then the price action can move upto the resistance of this channel that is almost at $14K. The price action has also good supports of simple moving averages with the time period of 25, 50, 100 and 200 as well. Conclusion: Even though the price action has turned very strong bullish and spiked beyond $13K but the Bollinger bands is showing a strong resistance. Therefore I need to keep an eye on the Bollinger bands once it will start expanding then there will be more space created for candlesticks to move upto the resistance otherwise the lower bands of bolling bands indicator is below the support of channel and the priceline can move up this level as well.
BITSTAMP:BTCUSDLong
by moon333
6