Bitcoin Trend Analytics May June 13th - the massacre$BTC experienced a massacre, however, shows no resignation for now even after it touched the lower line of the downward channel ...
The expectation of the Fed’s adding 75bp climbs to nearly 30%, which could introduce another big short. Wait for more info from the fomc.
Monitor: $22309.06 has diverted to $21684.33.
The next key support is $18553.16.
#bitmidasdaily - We provide daily accurate target points analysis.
Intradaytrade
Bitcoin Trend Analytics May June 13th - What's Next?As we mentioned last Friday, BTC finally broke down the triangle and the downward channel, shorts take hold.
The newly released CPI of 8.6%, which is higher than expected, strengthened the expectation of adding interest rates. The market will be running under pressure.
The next key support is $22309.06
Bitcoin Trend Analytics May June 9th BTC is swinging around the center in the box within the triangle of the downward channel.
Box: $32120.81~$28186.09. Center: $29850.35
Longs and shorts flip violently. (Not a good time for trading as risks are more than returns.)
The overall movement is negative.
Keep monitoring the center and the key support.
US CPI stats will come out tomorrow.
Bitcoin Trend Analytics June 8th BTC will touch the upper line of the triangle, which is also the middle of the downward channel.
Box: $32189.97~$28209.81
Center: $30036.05
Long and short flips more often around the center of the box. Price holding above the center, bullish relief; otherwise, bears reign full control below. (Reference at 8:00 UTC+8)
Set protections on your position either side.
Target Reached - ADAADAUSDTPERP
Trade report :
open price : $0.58
Target - 1 : $0.6375
Current Price : 0.6381
Chart posted at the time of entry
Conclusion
Target -1 of our position triggered, started booking profits .... yea still final target is yet to reach but don't jump into this trade right now !! From target -1 to final target it is the for booking profits not to take trades !!
More trades will be published !
Note : I'm not a financial advisor
Bitcoin Trend Analytics June 6th - prepared to break the boxBTC is running in the box within the triangle of the downward channel.
Box: $31958.28~$28108.66
BTC will consolidate before breaking out of the box.
The short-term momentum is strong upward, but do remember we're in the downward channel of the mid-term.
Always set protection on your orders.
MATICUSDTPERP Intraday trade setupThis is my Intraday trade setup for MATICUSDTPERP , as of now market sentiment is clear it's continuing downward rally but i believe there gonna be another relief rally!! Let's see
Make note that even thought price is in my trade entry range !! i haven't entered into trade cause there's one thing which need to get triggered so that i'm gonna enter !! I'll update that .
Note : Not a Financial advice.
Bullish Divergence MATICUSDTPERPMATICUSDT forming bullish divergence , can we see relief rally here ......
I'm gonna post my Intraday entry and target points in update section soon !!
Note : Not a Financial Advice
AUDCHF I Short-term Short Opportunity Welcome back! Here's an analysis of this pair!
**AUDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
Bitcoin Trend Analytics June 2- back into the box BTC fell back into the box within the triangle of the downward channel;
Box: $30546.98~28271.81 ;
$30079.47 is a struggling point of the day. Only by holding above the line for 24hours could BTC retain a long momentum or shorts dominate.
Keep an eye on the key support. Don’t act in haste.
Shrinking on the B/S took effect on the market. Wait for the FOMC on June 16th.
Bitcoin Trend Analytics June 1st - lucrative for bothBTC will challenge the upper line of the triangle, the middle of the downward channel.
The price held the bounce-off support yesterday. As long as this support is not broken, BTC will spring from there across many resistances upward and then consolidate.
Long in the short-term; bearish in the mid-term. Both sides have room to operate by making use of the target points.
Bitcoin Trend Analytics May 31st - gaining forcesBTC broke out of the box with forces turning upwards;
Supports on 1day frame consolidates and is ready to challenge up higher;
The day-frame trend is still bearish. The price has not come to a reversal in the downward triangle.
Still waiting for the stats of the next FMOC.