BTCUSD SHORT Fibonacci extensions for intraday trading $BTCUSDThese are the Fibonacci retracements I am watching for BTCUSD today :
N1: 42287
N2: 43487
N3: 45429
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (48112)
TP could be @ Fibo level 0 (40345)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
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Intraday-bitcoin
BTCUSD SHORT Fibonacci levels for intraday tradingThese are the Fibonacci retracements I am watching for BTCUSD today :
N1: 54816
N2: 55993
N3: 57898
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Social trading Youtube channel
France Trading forum
Warning! ETHUSDT Next Move Hello, dear subscribers!
Today we are going to consider two possible scenarios for the Ethereum.
Background
The ascending triangle was broken through and the price found the resistance at the $1290 price level. After that the price bounced off this level and broke down the trendline support. The price drop was until the support level of ascending triangle higher band was reached. The next step was the attempt to re-enter above the trendline but there was a rejection. As a result now we have two possible scenarios.
Scenario 1
If the price be able to find support above the resistance line and re-enter above the trendline, we can see a massive price growth.
Scenario 2
This is a negative scenario. If the price break down the support line we can see the price drop to the CPR level, because this is the most powerful support level below the current support.
XZCUSDT Hammer SignalHello, dear subscribers!
After today's BTC price crack the Automatic Hammer Strategy revealed the reverse from downtrend to the uptrend for XZCUSDT price.
The price bounced off the global resistance line and this is very important global bullish signal. Local daily pivot support line was also the support for XZCUSDT price today, this means the global and the local price trend change.
At last, the price was in the descending downward trend channel for the last day, and now it broke this channel up, which also confirmed the increased bullish activity.
We expect the 4.0% price growth from 3.584 to 3.728. The alert was automatically executed by SkyRock Signals Scalping trading bot.
LUNAUSDT Intraday Trading OpportunityHello, dear subscribers!
Today we received the long signal from the Automatic Hammer Strategy.
At the time of writing this analysis the price have already almost reached the target. This growth was also confirmed by technical analysis. First of all we can see the bounce off the resistance channel and RSI lower band, which means the trend reverse. Also the price bounced off the low pivot level (BC) and crossed the central pivot level and RSI centraline, which means the uptrend confirmation.
We expect the 2.9% price growth from 0.4858 to 0.4997. The alert was automatically executed by SkyRock Signals Scalping trading bot.
INTRADAY scalp set ups. camarilla play + CPR logicWe have a wide CPR range. chances of a ranging day usually higher than a trending day. which ever of these comes first is probably old ban easy day trade. entry should be on H3 and L3 after the PA looks something like the yellow lines. if the chart is a little unclear about that.
Kinnari + Elliott's wave theory (5 + 3 = Waves), Bitcoin!Attention to the rhythm of the wave for bitcoin.
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Kinnari + Elliott's wave theory
5 + 3 = Waves
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The price is under Wave A, B, and C.
ABCDE, Triangle leading by 2-wave.
The "Parallel Channel" is respected wave 2 and waves 4 and parallel towards 3-wave.
You have figured out that Wave 4 would normally retrace 0.618% of Wave 3.
Bitcoin Bull & Bear projections Hi everyone!
Heres an analysis of Bitcoin intraday (4H) chart.
Now that Bitcoin is in post-halving we have can now gain insights on the sentiment from market participants. As you can see the market used the old wall street saying of "buy the rumor, sell the news" theory to the current price action. Bitcoin saw a sell off near the $10k region after making multiple attempts to break intraday highs. $10,000 is now the next psychology level for the bulls to take out before we can officially sound off a BULL RUN.
Key levels intraday:
$8500s (could break lower) $10,310 Measured move highs if we break $9200.
Next intraday support is between $7800-$8100. If that support range is taken out then we should see a projected wick low near $7300-$7500.
The lagging market participants will enter there longs there in hopes of a bitcoin summer bull run. Only time will tell!
Please send any questions or comments below!
Team Crypto Level UP
You need a dollar dollar, a dollar💰 on Bitcoin...!!!30-min chart - New "Value Area " negative sign (U-turn)
R-8912 nearby
The "Parallel Channel" price congestion expected with decisive zone :
still not clear up or down...?
==> ✍ Kindly Vote in comment , what you think Plan A or B?
Weekly Trouble/Downtrend:
This is the road of the Bitcoin, we can see where it goes together
You & I know, trend is downward from this pattern.
Bad times are coming and I & you reap Dollars, isn't it?
It's been a long old trouble long old troublesome road below 8241 w hich can push price down free fall.
Last Selling Successfully Target achieved of Bitcoin:
To see with more EYES👁🗨 for "A trader" & "Technical Analyst"?
How to see with More EYES is important for "A trader & Technical Research Analyst"?
Answer: Whenever this question come to my rain, I --> Sherlock Holmes ...! Let's learn from each other, If you have trick/suggestion/advice on this question, kindly type in comment section.
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Let's talk Without procrastinating, I predicted approx. 1700 $ fall from back on events and historical data. The chart below and if you look minutely, you will find a lot that is small but each ticks will give you a clue for next.
I am not going to predict future move right now but, I will post in Time-Line after sometime . If you have hit LIKE button , you will get surely Real-Time Notification of next move on bitcoin.
I have done! Thanks.
No change in PLAN, but little more advance clues! BTCPlan (B):
Sell, 10086-10333 nearby for target 8874-8838 and 8842 nearby
Bottom of the page, this plan(B) original idea posted.
=> Below 9819, the price is not bullish and its can continue to create new value are approximately given in projection.
If you are holding your position from Plan (B), trial stop-loss on closing base of candle above 9818. And you can continue to hold first target at 9444 nearby.
You can write your query in comment section and kindly dont forget to hit LIKE button.
The parallel channel has two resistance, one is at 9857 nearby and one exact near the cmp.
The positive sign is developed. two chart are opposite to each other.
Be active and careful...!
Just look at this simple support .
-------------Active call for swing traders------------
Follow me if you want more update. Thanks.
Master the downtrend! Find key entry points (HOW TO)The recent Bitcoin spike down below 10k was somehow fueled by FUD (Fear, Uncertainty, Doubt). These fast moves may be triggered by news items or one whale selling or all combined, who knows?
They are not predictable, the downtrend before this event on the other hand did provide some trade entries if you read the price action right!
So lets look at this downtrend and the key short entry points along the way:
Entry 1: The first entry is of course more agressive, because there is no established downtrend yet. But there was a bulltrap, when prices first broke above 11600 and then turned down back into the former range to 11500. When the market failed twice to go higher again (above 10600) then you could enter below the marked bar (red arrow).
Entry 2: We now had a leg down and then a sideways movement. It is not easy to enter in such a small range, but there were several reasons to look for a short.
Notice that we had reached the possible downtrend line by moving sideways.
You are are also looking for a second leg down at this point. At least you expect a retest of the supports at the lower side of the small range at 11200.
Entry 3: After entry 2 we saw a second steep leg down (blue). This again led to consolidation in a tight range.
What can you expect in a little range? Right, traps to one or even both sides! Here we had first a little trap to the downside when braking below 10880.
Why is this a trap, when you are shorting a bearish breakout in an clear downtrend?
Look at the location, the breakout occurs right into the lower downtrend channel line. This is not a key entry point!
So the market then goes up and breaks out to the other side. Now some traders go long, entering counter trend to the still intact channel.
But then the real trap happens when prices move back into the range and a attempt to go higher fails (signal bar).
Notice that we have now reached a key entry point, because we have room to go down inside the channel again to 10600!
By moving sideways prices are near the EMA and the upper channel line again.
Entry 4 + 5: After another leg down which happened after trade 3 prices were moving sideways again, you starting to see a pattern here? ;)
Of course now we had two blue legs down and then another red leg, so traders may start to think long..."maybe this is the bottom"? Some wait for a nice double bottom and the break above resistance (10880). Prices even broke the downtrend line, so now it is surely safe to go long and declare the downtrend over? Not so fast!
Price action traders still look for entering short, because after the first break of the trendline you can expect another one or two legs to a new low.
And this is exactly what happend here. The new low at 10.400 was the target from an equal length second red leg down.
Conclusion:
1. Enter at key entry points: Near the upper downtrend channel line and/or the EMA.
2. If the downtrend line is broken still look for a new low or a retest of the low. After two legs to a new low, chances for a range or reversal are much better.