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BTC reversal chanceBTC finished weekend with return back to 8300. That is the moment bulls shouldn't lose, as only now it is possible to push the price higher. Next drop will be to 8050-8150 and there will be decisive support. Once we will see price above 8300, downtrend will be cracked. Don't rush as that pullback may take 1-2 days. Dominance is growing, but alts ain't that bad, although its not alts season for sure, just a small period of bullish potential, while BTC takes pause. Fear & Greed index: 37 (<= 37 <= 41 <= 40 <= 40 <= 40) BTC Dominance: 66.6% (<= 66.3 <= 66.2 <= 66.2 <= 66.5) 24h Volume: $55.2 billion (<= 53.9 <= 54.9 <= 58.6 <= 58.7)
BITMEX:BTCUSD.P
by WiseAnalyze
Litecoin (LTCZ19 + LTCBTC) Full Trade on 8X Lev. (260%+ PProiftsLitecoin is looking good right now, it has been respecting this green trendline shown on the chart. It can move straight up from here (long wick) or can have another drop before bouncing... This is a strong setup. Below you can find the full trade details but before we get started please remember: Leveraged trading is not for beginners and is high-risk. This trade is intended for experienced/advanced traders only. Some trades can be successful while others can produce a loss... If you can't take a loss, you can't trade. This is not financial advice. Trade at your own risk. Thanks a lot for your continued support. Always secure your trade by selling on target for profits. Raise stop-loss above buy-in after hitting the first target. New opportunities are always coming up, so if you miss one trade, do not worry stay calm, another one will come. Another reason to secure profits always because there will be more opportunities. Sell when the prices are going up and hitting targets (Sell green). Buy when prices are moving down and hovering around support (Buy red). Always hit LIKE if you want to see more content like this or if you want to show support. NOW... Let's get started! ________________ Trade: Litecoin LONG | LTCZ19 (BitMEX) | LTCBTC (PrimeXBT, DueDEX, Bybit & Others) Leverage: 8X Buy-in: 0.006400 - 0.006750 Targets: (1) 0.007180 (2) 0.007320 (3) 0.007810 Stop-loss: Close daily (D) below 0.006400. Liq. price: 0.005970 (Buy-in calculated at 0.006705) Potential profits: 131.84% Capital allocation: 6%. ________________ Thanks a lot for your support. Namaste.
LLong
by AlanSantana
6
How to recover a losing trade, earn profit and extend liq markthis is a cooper_5e trading tip for when you mess up a trade and long the local top or short the bottom - why lose money and fees in a losing position, markets go up and down right? Disclaimer; you must have some sort of idea of market directions, reversal, support/resistance etc. So... you longed the top (and think duh why did i do that) :-( the market turns on you but you dont take loss well and decide to hold as you may do this and hold until you can breakeven (so you can relax) what you need to do is wait for temporary reversal signs in the market and add to your long (daunting i know) when the momentum pushes up your loss reduces (yay) but having doubled your stack means your liq is closer now. when you see its topped out you reduce position (do not close entirely) - nice, youve banked some cash now. but the banked cash isnt a win yet as all you have done is lower your liq mark - good idea in leverage state the market drops again and your -% increases, you see reversal - repeat the above steps - more in bank but unusable too. the market drops agani, repeat, however this time theirs a ripper candle that passes your average entry, this means your in +% and your monies made on the way down are banked as profit :-) here you can exit at breakeven... or hold for further glory this is a roulette cheat of double down (oops im giving gambling tips now) where u can take many loss but each time double up until the color you sat on wins, changing direction mid game may continue bad fate i dont do this technique too often but if im tired or making rash decisions it can be a good way to make money whilst losing to increase the wins when winning ;-)
COINBASE:BTCUSDEducation
by cooper_5e
1
Next Major Support is $7,000Lets take a look at this last "bull market". We have a perfect 0.618 retracement from our All time High to our "bottom" from last year. From there we formed market structure at the 0.382 level or $9433. That level broke which is what caused this recent dump. Our next support is $7012. From there I expect a breakout to the white dotted resistance line around $9000. Long term I am very bearish on Bitcoin. I don't believe there is anything other than hype and greed driving this market. There is little to no real world use as the currency is unusable at over 500k daily transactions. For bitcoin to be mainstream, it has to be sustainable at a few hundred million daily transactions. With the high fees and slow performance at only half a million, it is laughable at best. Your only chance at getting rich as of now is to make money on the way down. For example, I have a leveraged short position opened at $10,000 with $10,000 of my own money at 10x leverage. If bitcoin dumps to $2,000 as shown in my chart, I will make $50,000. If you shorted at the top of this downtrend channel with higher leverage, you could have made more. If you would like to actually start making money, instead of losing every time, sign up on Bitmex below using my link. www.bitmex.com
BITSTAMP:BTCUSDShort
by UnknownUnicorn1968121
2
Daily Close XBTUSDAnything can happen in Goblin Town. Right now, we are sitting at around 8122. The 200 daily MA is at 8332. This previously has acted as a very strong support/resistance. Go check it out for yourselves. We can either close above it for the daily close (in a few hours), Or we will close below it. Indicating something very bearish. CME futures ends tomorrow. Gap @ 7.1k The last time futures ended, we saw the start of this bull cycle. It would be in their best interests to lower the price so they can scoop of btc for cheap. I am not sure what will happen. I will keep my position dynamic, altering based on new information that lands in front of me. Excellent opportunity for Scalps.
BITMEX:BTCUSD.PLong
by ScalperSheng
BITCOIN - Ascending Triangle, Drop IncomingAscending Triangle on the 15m Chart. Waiting for a big drop with high volume. Position Size: 7% Entry: 8400.00 (Short) Stop Loss: 8600.00 Target: 7800.00 Leverage: 7x Leave a thumbs up if you like my idea and let me know what you think! This will keep me motivated :-) Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
BITSTAMP:BTCUSDShort
by Anton_XBT
30 Min Chart Swing Trade XBTUSDHey Peeps I outlined the very recently formed support at around 8293-8226. We had two bounces off there. I don't see it dropping below this region and closing. The resistance is as outlined, 8429-8462. We need volume to break it. Volume is on its wayinvalidate the support/resistance. down as you can see. Play these zones with caution. Think about stop loss placement, if you place it to tight, you will be stopped out. Place it within parameters that would I would also like to leave with a bit of advice I stumbled across. It has greatly impacted my style of trading. If you are planning to close a position because a trade isn't going your way, immediately open a trade in the opposite direction. This way, you will be able to catch market movements and be profitable. Also, you won't be too hasty to pre-emptivley close a winning position. Note: this is the 30 min chart. You can dive further into a 15 min chart to seek more zones for scalping. Let me know what your swing/pivot points are.
BITSTAMP:BTCUSDShort
by PrinceSinbad
BTC getting ready to dumpDaily Bitcoin chart review (copy from telegram @CryptoTrades) BTC bearish. If that market wasn't that manipulated, I'd give 146% and my head it will dump, but as it is, I keep both scenarios open, while getting ready for the dump. Yesterday post: Targets for breakout 10600-10800. Targets for break down - 9900 - 9770 - 9600. Fear & Greed index: 38 (<= 41 <= 38 <= 38 <= 39 <= 38) BTC Dominance: 67.5% (<= 69.1 <= 69.5 <= 69.7 <= 70.2) 24h Vol: $66.115 billion (<= 54.035 <= 45.273 <= 50.920)
BITMEX:BTCUSD.PShort
by WiseAnalyze