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Leverage

Bitcoin remaining stongBitcoin is in an uptrend, yet volume and volatility is still nowhere to be seen. News -None TA -Volume is picking up since last night and bitcoin is an uptrend, so curiosity is striking this market. Volume on the weekend for BTC is dropping and is down over 1000 btc since last weekend. Expected big move to coming -RSI held our position at 48.50 and is making progress to hold above 63.68. If we can surpass 63.68 we could move higher with our first test at 10768 and than 10931 -MACD is bullish with no roll over in sight. -We did hold the hourly 50ema and is string to hold the 10643-10678 range. If bulls can hold it we have a high chance to go fight for 10931. If we take down that wall we will head towards 12k Final Thoughts My 50x long is up 58% and I'll be holding with the hourly still bullish. I think its risky to short or long atm, but the volatility is slow low you could make some quick trades. Volitily is suppose to come back soon with target date of Oct, 6 with fair value of btc is 10700s.
COINBASE:BTCUSDLong
by nathanielx9
3
Bitcoin dump was expected?Now its werid to say if Bitmex has had anything to do with the price of bitcoin and let me give the reason in todays bitcoin TA. News -BitMex is getting served due to not complaining with AML/KYC of US customers. They stated their exchange will continue to run during the time being. -Stimular Bill is suppose to get ann before the elections TA Now looking at the chart what do we see? -RSI: Now as you see the RSI has two lines. One at 48.50 and one at 63.68. These I have notice if Bitcoin can hold aboe 48.50 we can suspect bullish movement, yet if we pass or hit 63.68 we will reject to the downside. Todays news happen to be at the 63.68 zone which resulted in downward movement. It's something that should be looked into futher and may help your leverage trading. Based off the RSI we can suspect a bounce back tonight hitting the target of 10643-10678 to regain control of the bullish movement. -MACD is bearish, yet a crossover is being built. -There is high buy volume, yet going onto tradinglite we can see theres more buyers even if the price drops buyers are buying up to 20-100+btc a candle stick -EMAs are turning bearish, yet tbh this news might be a little oversold Final thoughts Remove most of your bitcoin on leverage exchanges for US due to the recent news cause "Not your keys, not your bitcoin" and you might be subject to losing all your money. Also I lean towards a bullish aspect on bitcoin in the short term and why I'll leverage a 50x at this level since the news is still being developed but also it looks oversold.
COINBASE:BTCUSDLong
by nathanielx9
All eyes on the DOWToday I'm talking about the DOW cause there is a strong correlation between Bitcoin and the Global Markets atm. The DOW has made significant gains after a brutal last week, yet are we out of the woods? News -Presidential debates will take over the market until after the election TA Now Lets start of simple and wanted to say I wanted to show the 5min time frame but trading view said no, so I'll try to do my best to describe what I see even though with the high volatility that is about to happen the 5min time frame is what investors should be watching up too the election. -As of now the Dow has created a lower high after breaking out of our brutal downtrend, yet BTC took hits but is ultimately going sideways with higher swings of volatility depending ona .02% in the DOW. At the same time the DOW is creating lower highs which will result in more selling pressure going into the election. -You can see some blue circles, these repest similarties in past and present price action. This could result with a 200+ point move in the DOW, with give a 500+ point correction hitting a PT of 27696 roughly high and a 27138 low, with more movement lower next week -MACD is trending up looking for more bullish price action. -RSI is overbought showing the market could be nearing its end of a short term bull run Final Thoughts Best play is to take profit when you are in the green and don't be greedy. A recovery during heated debates could cause damage on short term trading accounts or looking for quick gains. Also quick note alot of rumors are going around that Oil will dump pretty soon and will happen before the market dumps, so watch for futures in Oil.
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by nathanielx9
Liquidation Levels Trading FuturesI've seen lots of people getting liquidated on there longs on this BTC dump. This is why I think people never take into consideration risk management or don't know how it actually works. Maybe this can help a lot of people and help them clarify things. YES, the getting rich quick by leveraging is a probability, but if you ask me, I would consider it luck in the 25x to 100x than in lower leverage positions. I think the getting rich quick scheme in crypto or FX is never talked enough and should always be addressed with proper risk management. This analysis is considering you long your whole portfolio with leverage (which most people do). If you want to long with high leverage, use 1% or 2% of your portfolio, try it out in Isolated mode first and see what it is all about. Your losses will teach you how to be a better trader, but never ever lose your ammo in your first try. I'll do a follow up of this chart with potential gains by leveraging.
Education
by Goldenperro
DXY price moving up. Creating short Opportunities on Crypto.618 As DXY seems to have possibly found bottom coming into this weeks trading session. We can can start to see the correlation between its price and bitcoin or entire crypto market actually. Created short opportunities for a low lev short with tight stop loss as we possibly swing down to close some gaps on Bitcoin. Keep s/l tight on your crypto shorts bc we have the ichi cloud and .618 before DXY confirms a true break out. DXY pushes past those then we have a serious problem degen family. Neutral until confirmation. Stay safu
TVC:DXY
by RektYoshitt
Bitcoin's pullback right on timeIt's very strange and scary how accurate indicators can be and with knowing full well TA is known to not be anything but magic. Well again not wanting to brag, but if you been following its crazy how a target of 10077.20 was hit give or take today, but why? Correlation to the stock market or something more? Well my friends heres a theory, a crypto theory on why I believe a correction was due and we hit the final accumulation phase of 2020. Theory Well stock market vs crypto have been uncorrelated until recently and well CME has accomplish their goal. Now what caused this drop, its cause crypto is partially correlated, yet is different due to fact i talked about before THE LIQUIDITY. I said theres an article that came out a while back saying theres only about 100million usd holding up the market which makes sense due to the bitcoin marketcap towards gold and most of the cryptos marketcap is from btc pairing. Thats why to my new crypto investors is why alts take massive damage in a btc dump because theres one goal in crypto trading, get as much bitcoin as possible before new ath. So why did the stock market drop? Well a few can reason at this given time of writing this can explain this -Election season in the United States: It's still uncertain, but with recent polls Trump is gaining steam due to the riots of "radical left." So its fear driven -Only news today DrFauci , that little *** came out today saying the vaccine might not work. Only major news for stocks -Too much money poured in to tech like Tesla and Apple, which caused them to dump over the past two days in which could have caused feared in other assets. Besides Gold, its holding up. Now Crypto related -Bithumb still under investigation? -DeFi bubble, yet coins like YFI and DOT havn't seen massive downward movement. Btw I guess I'm the Bill Ackman of Pokadot and think its a massive scam due to the exchanges and liquidity its on. I posted a TA, but Pokadot is acting like a ***. News -In my theory TA -We hit our goal, whats next? Why not an 80x on bitcoin leverage or atleast 40x. I'm hoping for three things, but really two of them is a if 1: Never go below 10k, yet as caution it is possible to go as low as 9563.72 to see if the CME has a control over a bull market. Yes we are in a long term bull market, yet this current market cycle is a bear cycle until we establish a bottom. 2: Go sideways for strong accumulation for the 2021 ath. 3: Third way it could go is we get a bounch back to the 11k and test it before finding a middle ground for an accumulation phase. -Now we can remove 11010.26 from our charts due to the fact we blew past it. At the moment we could see a price increase of 3.9%-9.9% upwards, yet a downward movement of 1.74%-6.6%/9% -RSI is oversold (no sh*t) -MACD well below -100 and is at -200, which is probably a go all in moment if you believe. I do suspect a massive bounce, yet we will see very soon. -EMA is sh*t Overall Best time to buy imo and don't suspect much futher downward movement besides at most and very scary a sub 10k btc at 9563.72 (maybe put some buy orders and forget about it in that range). Again at this price i believe we are getting fair value at this current level. You may refer back to my other Bitcoin TAs if you want. My stock TA are wierd since I deal with pennystocks, yet I do other blue chip stocks if I like the technology.
COINBASE:BTCUSDLong
by nathanielx9
1
BTC about to moveAt this time I do have a short position leverage and a long term not leveraged. I would like to create the case of the Short leverage case. News Well nothing really, but you know I always talk about GrayScale which maybe buy some for your Roth. Well according to Fintel Ark has a total of over 2million shares. This is very good for long term investors of Bitcoin. My reason of my short I still believe its too early to go long and second mortgage the house due to the fact that this level hasn't been broken multiple times in the past about over 8 times (4hr chart). After the bubble popped and during the run up too 14k after the bottom. -We are sitting at an overbought zone and MACD is sitting at highs, which usually means downturn. -The Fear and Greed index is sitting on Greed/Overly Greedy. This means people to them are just dumping money into Bitcoin to see the price rise without fear of a pullback. -Gold open up at its strange wick as most of the market did last week, yet Bitcoin is about 1.07% above Gold. Along with CME creating a gap of just over 260 dollars. -Target to see if we will go to the 10.6k levels will be 11225-11105. I know its a large gap, but I would pick 11191-11148, since many people don't believe in wicks as a trading tool yet I use them. Bullcase -Now long term believer in BTC the bullcase is simple and will justify the F&G (Fear and Greed). The fed came out that they don't mind inflation for now until we recover from Covid. This makes many long term believers in BTC as the asset, the best hedge against the USD inflation. -Target to watch out for is very close 11821. This will be an entry if we are in a descending wedge pattern. Final thoughts This could be a second round to build a Short position and many believe it is very possible to go as low as 10077 and not under 10k. Many traders are trying to figure out are we going to leg up first before the down turn or leg down then moon. Too me the case is bearish short term, yet with political unrest in US politics we will see how the market opens in 9hrs, where we can see the outcome of TESLA and APPLE after the stock split, which could cause market downturn and have a bloody Monday. Overall this TA is Neutral until the levels are hit Bull: 11821 Bear: 11225-11105
COINBASE:BTCUSD
by nathanielx9
1
BTC The bulls are back! Target $13,900BTC failed to break and hold below 11500. Flag forming after a decent bullish run. Completed 5 touches within the channel so now looking for a failed attempt at a 6th touch on the lower trend line which will create a HL then a push out of the flag for the next bullish run. Support now created at around $11,430 so expecting the HL to be created around there. RSI is currently still sitting above support which adds to my bullish bias. Targets: One - $12,000 Two - $12,500 Three - $13,267 Four - $13,887 Five - Moon I won’t be bearish on BTC unless we break and hold below $10,500.
BITMEX:BTCUSD.PLong
by TradeTravelChill
Back-testing the breakoutThis is just textbook bull run stuff folks. We are extremely early. We broke out with good momentum then immediately back-tested without dumping. These are what traders are looking for . They are confirmation moves. in the wall street cheat sheet I imagine We are in the "suckers rally" phase. Disbelief will come later. Now all you need to know is MAJOR three year resistance has become support. I saw someone call Excavo A God for the short he didn't actually put on . He is selling signals and posted a chart . IF He were actually a trading God He would have posted two charts. Shorting from 12,000 then immediately going long once the target was hit. But there was no target because there was no trade. Last night was the most bullish move I've seen on BTC in a while. Hit historical resistance after a mini parabola then flash crashed to 10,300 and before i could get off the toilet We were back above 11,000. Not even the mass liquidations could keep this asset down. I'll be clear. This is not a trade setup. I would not take a long in this area. You had plenty chances for that going back to 3800 in march. Fomo will get you wrecked. I would look at ETH for longs . But i don't use leverage on crypto its not needed. You don't need leverage when you regularly move 10% in a day. Leverage is debt . IF you have never been in debt especially business debt not your own fault then you have no idea how RETARDED it is to use debt to make money. How stupid it is to add debt onto free and clear extra hard earned money you were investing . Anyone that tells you different is a child trying to put big boy pants on and has no idea what leverage is actually for. Binance made 9 billion$ year before last. Some of it from fees. Most of it was liquidating scrubs accounts. Your using leverage to get rich quick. Based on the liquidation trackers your all going broke. losing everything on a trade. How is that risk management? Either your right or you lose everything. Oil companies have entire building full of people trying to use leverage correctly. Are you a company hedging commodities you pull out the ground? Are you a farmer locking in the price of corn so what your growing in the field doesn't become worthless ? Then you have ZERO business using leverage
BITSTAMP:BTCUSDLong
by Bannedhammr
2