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Longbtc

BITCOIN (BTC) – Time to ACT: Only the Strong SURVIVEThis week is crucial, especially with the FOMC meeting scheduled for the following week. With US jobs data coming out on Friday, which has historically been a significant catalyst for Bitcoin and the broader market, it's important to watch closely. Now that Bitcoin has reclaimed a key level on the chart, I believe this could be the low and it's time to act. We haven't seen a deviation play in Bitcoin for a while, and this setup seems like a prime opportunity. If it doesn’t work out, be prepared for a potential drop to $53k or possibly several months of pain. I'm taking a long position on this price reclaim, as the situation is starting to look a bit more positive. Below 53k = Shorting towards 32k
COINBASE:BTCUSDLong
by ZelfTrade
1
LONG BTC📊Analysis by AhmadArz: 🔍Entry: 60.252 🛑Stop Loss: 57.722 🎯Take Profit: 62.500 - 65.000 - 68.450 - 71.777 - 76.500 Maintaining the $58,000 Support Level 🔴: This level acts as strong support. If the price cannot break this level and remains above it, the bullish trend is likely to continue. Price Targets in the Bullish Trend 📈: $62,497.20 Level: The first significant resistance level that the price may reach. If the price can break this level, the probability of continuing the bullish trend increases. $65,008.07 Level: The second resistance level above $62,497.20. This level can be considered the next price target. Colored Resistance Zones 📊: The gray zone between $62,497.20 and $76,514.94 acts as a significant resistance area. If the price can break through this zone, it may reach higher resistance levels such as $71,773.98 and $76,514.94. Candlestick Patterns and Trading Volume 📊: Examining candlestick patterns near the $58,000 support level can provide indications of trend reversal and a return to the bullish trend. Additionally, trading volume can be an indicator of the validity of these moves. Trading Strategy: Traders can enter long positions by maintaining the $58,000 level and observing signs of a price rebound. Using a stop-loss below the $58,000 level is recommended to reduce risk. Upon reaching resistance levels like $62,497.20 and $65,008.07, traders can take partial profits or use risk management methods such as trailing stops. 📈 Conclusion: As long as the $58,000 level is maintained, the bullish trend remains intact. Traders can leverage this trend by focusing on the identified resistance levels and employing risk management tools to maximize their gains. 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Long
by ahmadarz
Bitcoin for long-term📈 **Analysis of EZ7_strategy** 🏆 In this comprehensive review, I have meticulously examined the confirmations provided by my trading strategy (based on price action) and have drawn the following conclusions. 1. The initial analysis suggests patiently awaiting the attainment of the channel ceiling, with a subsequent observation of an overbought condition in the RSI zone at the critical price point of $53,256. ⌛️ 2. The secondary analysis revolves around reaching the support floor at $28,580, serving as the primary support level, strategically aligned with the breaking zone of the bullish area at $28,580. 🎖️ 3. There exists a 50% probability of Bitcoin touching the price level of $18,387, introducing an element of uncertainty in the market dynamics. ✨ 4. Our primary target for resistance lies at the $64,485 level, with the secondary target closely aligned with the termination point of the second logarithmic function, reaching $80,000. 🚀 By leveraging these insights, investors can make informed decisions not only in Bitcoin but also in other cryptocurrencies. 🙏 Your support through likes and comments is crucial, empowering me to provide you with more refined and insightful ideas. ❤️🚀
Long
by ehsancrypto72
4
BTCUSD / Potential Long Trade ✅💡Hello Traders! BTCUSD is currently manipulating the price between 65-70k. I expect the BTC to retest the price of 70K before targeting the price of 80 K. I'm waiting for a retracement until the below FVG as a confirmation for a long entry, taking into consideration that we are in a triangle pattern that could result in a price breakout. Wait for confirmation! Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible. ____________________________________ www.tradingview.com
BITSTAMP:BTCUSDLong
by GoodTradeST
Developing A Dollar Bearish Strategy Using The Scientific MethodShould I Short USD? Yes or No? If yes, then how? If no, then why? The question is simple, but the answer may be complicated. Therefore, we will dive into the macroeconomics of the American economy, with consideration given the most significant factors influencing the value of USD. > OBSERVATIONS 1) Since March 2020, USD appears to have lost approximately 13% of it's market value. 2) Since March 2020, USD supply increased by $9.1 Trillion (COVID stimulus). datalab.usaspending.gov 3) Congress was recently asked to approve an additional $1.9 Trillion (COVID stimulus). context-cdn.washingtonpost.com > RESEARCH Part A: Three major external factors contribute to the value of USD... www.investopedia.com 1) Supply and demand: Exporting American products and services creates demand for USD, because foreign investors must exchange their currency for USD, in order to complete the transaction. Note: decreased exports = decreased demand = decreased USD value Note: decreased stock/bond issuance = decreased demand = decreased USD value 2) Sentiment and market psychology: Rising unemployment weakens the economy, reduces income, and slows consumption. If the US economy appears weak, foreign investors may sell-off their US securities, in favor of exchanging back to their national currency. Note: decreased employment = decreased consumption = decreased USD value Note: negative sentiment = decreased foreign investment = decreased USD value 3) Technicals: The release of government statistics (payroll data, GDP data, etc.) may help quantify whether the economy is strong or weak. Historical patterns generated by cyclical support/resistance levels and technical indicators also contribute to the movement of USD. Gross domestic product (GDP) is the total value of all the finished goods and services produced (in this case, within American borders) www.investopedia.com Note: decreased employment = decreased GDP = decreased USD value Part B: Four major internal tools (utilized by the Fed) contribute to the value of USD... www.federalreserve.gov 1) Discount rate: The interest rate reserve banks charge commercial banks for short-term loans. 2) Reserve requirements: The portions of deposits that banks must hold in cash in vaults or on deposit. 3) Open market operations: The buying and selling of U.S. government securities (T-bills, bonds, and notes). 4) Interest on Reserves: The interest paid on excess reserves held at reserve banks. > HYPOTHESIS Shorting USD will be profitable because the Fed is increasing money supply. Shorting USD will be profitable because the Fed is maintaining interest rates near zero. Shorting USD will be profitable because the Fed is maintaining reserve requirements at zero. Shorting USD will be profitable because the Fed is repurchasing government bonds on the open market. > EXPERIMENT Part A: Build a diversified dollar bearish portfolio. Include dollar bearish securities and commodities (FXC, FXE, UDN, GLD, IAU, DBC, DBP) Include International stock and emerging markets ETFs (open to all suggestions for this) Include foreign currencies (GBP, CAD, AUD, CNY, CHF, KRW, JPY, EUR) Include crypto currencies (BTC, ETH, LTC, and especially the DeFi sector) > RESULTS Pending... follow me for a monthly update to see if I get rekt, much love!
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by UnknownUnicorn13791118
40
Long Position On BTCAfter a bullish Pin Bar Candle on daily time frame yesterday, price action seems to be testing the support at $18662. if this were to happen traders may look for a long position at this level as reversal opportunity may come true. Plus, since target rate probabilities are expecting to be at 84% around 75bps to 100bps, traders may already priced this factor in the asset, giving more potential for bullish momentum. ENTRY PRICE: $18662 1^TARGET PRICE: $19529 2^TARGET PRICE: $20818 3^TARGET PRICE: $21404
Long
by vf_investment
2
Long on BTCThe screen shows two different time frames on BTC: 2H time frame in the top and daily in the bottom. The 2H time frame BTC graph shows a bullish set-up for a possible ascending wedge. Moreover, price action is trending on 200MA support almost in line with the 0.38 Fibonacci Retracement Level. For this reasons we set a entry price at the Fibonacci support at $22484 followed up by bullish reversal with target profit at $24296. Extending the graph on the daily, we noticed BTC price, after 4 lasting months, broke through the 50MA twice and now is testing that again suggesting more up-trust in bullish direction. Entry price: $22484 Target price: $24296 Return: 8% *use a 5 to 10X Leverage
Long
by vf_investment
closed your btcusdt positionhello guys btcusdt has sensitive situation now! that important zone will Specifies next movement of bitcoin! if bitcoin break down $21400 (I mean engulf) then scenario 1 will happen and drop at least $13200 (because of channel faking out and filling orders i will stick with this scenario, but if that important zone ($21400) does not break down (confirmed scenario 2) so btcusdt continue upward movement and will touch area that i show on chart! for now i recommend you free risk your bitcoin positions or close it until one of scenarios confirm. best luck! please write for me your opinion!
Short
by melikatrader94
7