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Deribit

Biggest opportunity of your life, BTCI've been following BTC for a while. I haven't updated because nobody checks this tradinview page of mine, so I don't really update as frequent. If you followed my other platforms, you'll know that I was calling for downside previous to what I've posted here on tradingview. Anyways, here's the macro picture of BTC. Very easy to follow. The signal? Just wait til SAR flips for a reversal on the WEEKLY. That is all. This is very bullish setup. Nothing has changed on the macro perspective. Good luck. If you made some serious money because of this idea, please consider using my affiliate link or donating. This is a long term HOLD. Entry is when price close-in on the 20 SMA Weekly. www.deribit.com BTC Address: 3LzoD16hsSYZhws6XhFS7yXsePpjNQ7DZC
BITSTAMP:BTCUSDLong
by cooface
2
Bulls have been shaken out, time to party. Bias upside.Bulls have been shaken out of their positions, futures premium are decreasing in value. Is it time to long? 12HR is showing support on 21 EMA with its horizontal support. Must close a candle above and open above to confirm. 4HR is showing bullish divergence (not confirmed yet) Once confirmed, if 4HR can close above the 50 EMA with another candle open above that previous candle, the bullish confirmation will be confirmed. Until now, just need to wait it out and see what happens.
BITSTAMP:BTCUSD
by cooface
Daily close today is important. Short-term bias is down.A lot of folks are looking at the same thing, the symmetrical triangle. What happens when everyone looks at the same thing and expecting a bull break out? It does the opposite. I am starting to lean more bias down side to flush these bulls out of the market and then up-and-onwards we go, back up. There's bearish divergence on the daily. Today, within those couple of hours with daily candle closure, you'll see resolution really soon. CCI always wants to re-enter the top band meaning the daily is exhausted and wants to come down a bit. This idea will only be confirmed if we can close a candle below the previous daily candle. Bearish divergence will only be confirmed if we can close below the previous daily candle.
BITSTAMP:BTCUSD
by cooface
1
Bias is to the upside. Bitcoin.I'll keep it simple. I am still long since 9,800 and have been holding since the golden cross has played out. We hit our first resistance on the 2-Day time frame around 12.2k - 12.5k. The second resistance if we break above 12.2k with a candle close/open is the local high for BTC around 12.5 - 13k. The blue box is the next target I am looking at to possible add a hedge to lock in my profits and wait for trend continuation. To everyone who think this is bearish, price action is showing otherwise. We had massive 1k dump from 12.3k to 11.2k and yet, there's no follow through. This is a signature of bulls stepping in and just slowly crawling its way back up to break resistance. ------- If we close and open a candle below the 4HR, 21 EMA or bottom of the triangle. That implies BTC wants to consolidate lower, but at this point-in-time, the dips are getting bought up.
BITMEX:BTCUSD.PLong
by cooface
BTC weekly candle closed below the 10 SMA??We currently broke the 10 SMA on weekly and closed below. For those who want confirmation for an actual break of the 10 SMA, you'll need to wait for the next weekly candle to open below before taking a short. Because price can close below, but open above the following week. For those who feel itchy for a trade, shorting under the 10 SMA weekly after the retest will be your proper trade. Stop-loss above the 10 SMA. There's a couple things to keep in mind, there's a lot of support within the 9k to 8.5k region. Taking a short here would profit you between a 500 to 1,000 pt. move. BUT because this is a macro-bull market, you can have a massive dip before it instantly get bought back up almost instantaneously. You'll need to add some sort of trailing take profit. What does breaking the 10 SMA weekly means? It means price wants to revert back down to the 21 EMA weekly, which currently sits around the mid-8,000 region. You have a couple ways to play this trade, take a short, and hedge long around mid-8000's. Or, do nothing, and wait for BTC to reveal it's big trendy move as oppose to trying to short the macro-bull market. How do you know this is a bullish consolidation or a blow-off top? Time. Observe. Wait. Blow-off top doesn't consolidate for long period of time without an impulsive move down. Blow-off tops usually reveal itself within the month prior to the local top being put in. Because we've been sitting and trading within these ranges for longer period of time, this is more of a bullish consolidation than it is a blow-off top. None of it is guaranteed, but with time and observing price action, you'll be able to figure out if BTC is in-fact ready for another rally upwards or down. How am I managing my trades? I took a short from 10,500 and let that position go. I am currently doing nothing and just waiting for BTC to reveal its hands to me before my next big trade. I am currently looking for a position for a long term HODL as I see there's a big opportunity revealing itself before us, which is the 21 EMA weekly.
BITSTAMP:BTCUSD
by cooface
2
Long Scalp Idea Revealed For Bitcorn?I've tried to clean the chart and made it more easy to understand and to read with less paragraphs. This is just a scalp idea, it is not for a long term hold position. Like I stated before in my previous analysis, any rally BTC make will be sold into as we're in an active mid-term down trend on the weekly. My target for this short term scalp is around 9.7k-ish. Longing here is risky due to mid-term trend being down. It's better to look for a short in the rallies than scalping counter trend. During morning when I saw this chart, I didn't want to post the idea due to me being lazy and I didn't think the scalp idea was worth it. But I'll post it anyways to give an idea what Bitcorn wants to do and what will probably happen in the next following week. Sunday will be the day of recognition as the bulls will try to fight to close above the 10 SMA on weekly, and the bears will want to officially close under the 10 SMA. The usually fireworks happens when we get closer to the daily candle close. If you like my analysis of the market and it helped you learn or made some money, please consider using my referral links. www.deribit.com www.bitmex.com
BITSTAMP:BTCUSDLong
by cooface
A better illustration for BTC and long term HODL targetsThese are the interest of areas, where the 21 EMA weekly resides. As this week candle close fairly soon, the EMA will move up higher into the mid 8000's range. There are many confluences in these area that traders and investors are looking at for a possible long term HODL position. Notice I said possible, not guaranteed. I've posted a chart last week voicing my confident in BTC breaking the 10 SMA and it is likely to break this weekend with a candle close/open below. This will initiate a move towards the 21 EMA weekly. This is the same area where the CME Gaps are located and there is a possibility of these gaps filling with a relief rally bounce to retest the 10 SMA weekly. BTC has formed a symmetrical triangle and currently has broken this triangle on spotted chart to the downside with a measure move to 8,500 where a lot of confluences are lining up that this is the area to be looking out for a major relief bounce, and we can decide after bounce what BTC will do next at a later time. At our current moment, if BTC decides to straight dive towards the 21 EMA weekly, you're looking at possible wick towards 7,500. Am I leaning towards that happening? I am more leaning towards the first option that the 21 EMA will travel upwards to meet price, rather than price to dive down to meet the EMA. But there is possibility that price can nose dive towards the 21 EMA, that'll be my second option. Please do note, CME is closed for the weekend so price will not update til next week when it re-opens. This will leave another weekly gap to the upside which will get filled at some point in time. If you like my analysis of the market and it helped you learn or made some money, please consider using my referral links. www.deribit.com www.bitmex.com
CME:BTC1!
by cooface
Scalp Trading, BTC still in a mid-term down-trend, BUT...Longing here is risky due to the mid-term trend is down, not up. Taking a short after a rally will be more in your favor. This trading idea is more for the scalpers and for the public to have an idea what BTC is doing. I'll keep it simple. Yellow line - 21 EMA Pink line - 200 MA Purple line - 200 EMA Orange line - 10 SMA On the 8 HR time-frame, BTC is still holding on to the 200 EMA/200 MA line (purple and pink line.) We closed above the line, and as long as the next 8 HR candle closes above, it'll make for a good bounce on BTC up into the $10,000 area. This number is not exact, but the small bounce should carry between the price range of $10,000 - $10,200. But as I mentioned before, this is just a small bounce. Any rally will be sold into and the overall Mid-term trend will continue. imgur.com On the 4 HR, there is bullish divergence forming on the CCI. This will more than likely be an entry signal on the 4 HR as the CCI re-enter the lower band. When I see a bullish divergence, I typically want to see price retest its 21 EMA. On the 4 HR, the 21 EMA happens to be around the $10,100 range. This has nice confluence with our 8 HR. imgur.com On the Daily time-frame, you can see the 50 EMA is also hovering around the $10, 100 range. Going forward, this should act as resistance and a good sell point for any scalpers. The Mid-term trend is still down, as we make our way towards the mid-8,000's to meet up with the 21 EMA on the weekly time-frame. *If anyone can show me how I can post multiple charts without using a link, i'll be grateful.* If you like my analysis of the market and it helped you learn or made some money, please consider using my referral links. www.deribit.com www.bitmex.com
BITSTAMP:BTCUSDLong
by cooface
1
MId to Long Term Outlook #BTCSo on what i see happining in the next few months (ETF Pending) is that we should see a break down of this triangle which should lead to next month taking us to new lows for the year most likely our first stop will be around the $5000 to $5500 mark. which is around the 30 month moving avg. we should play around there for a month or so before we test a even lower low around $3300 area also were the 50 Month moving avg. is. Now i belive this will be a vary fast move in which we may began a new bull market. when this starts i expect it to be a slow rise for a year or so before we see another big bubble. Please comment below With thoughts Thanks..
BNC:BLXShort
by Primo_CEO
3
Post dump counter-trade retrace.XBTUSD went down to 4190 where we found a support for the moment. There was no big retracement, so I presume one might happen in the upcoming days. Im playing long for a retrace. This a counter-trend trade, so SL is mandatory! Remember, at any given moment anything can happen, the price is never too low nor too high. Max leverage recommended: 1:10, ideally 1:5. Dont invest more than 10% of your whole depo. Buy: 4300-4400 Sell: 5495 (MMD diamond and fibo 0.618) R/R: 3:1 SL: 4028 (support from 15/08/2017)
BITMEX:BTCUSD.PLong
by Makrela_Trading