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Bitcoin - The Entry for the next big Rally (Structure, S&D, ...)Hello Traders ! Today we will have a look at Bitcoin! Confirmation: 1) Double Top Formation 2) Structure 3) Support Resistance 4) Supply Demand I think that a lot of investors would invest their money when bitcoin is at a low price and a lot of people will follow then the trend. Let me now in the comment section below your view on Bitcoin and what you think about my Video Analysis. Please leave a Like. Thank you and we will see next time - Darius.
BITSTAMP:BTCUSD
by DariusFxTrading
4
300% GAIN FOR BITCOIN IN 8 MONTHS! 48,000 INCOMING! Bitcoin on the two day and gold on the monthly are following essentially identical market cycles with the same pattern of expansion compression. The similarities are uncanny and the widespread bias is currently bearish, the sentiment of "this is a sucker's rally" can be found on a vast majority top posts throughout the tradingview ideas section. Hopefully this idea can make its way to the very top! This is the perfect time to buy in with minimal risk! We just saw the bullish Daily CCI roll on Bitcoin which has been our ideal trend reentry signal for the past month. If we break a lower low, we will simply reenter bullishly on the next 14 period CCI roll. You can set this up your self by loading up the default Tradingview CCI and setting it to the 14 period. When the line goes below the -100 and crosses back up above, that will be your buy signal if this current trade fails. As long as the upward trend is defined, you can take this signal as many times as you like. Always use good risk management and godspeed! Make sure to like this idea if you found my thoughts particularly revealing. This may very well be the lowest bitcoin ever goes for the next two years. If we make a lower low, I'll wait for the CCI roll and say it again! It's ok to risk 5% when your upside is 300%.
COINBASE:BTCUSDLong
by DadShark
6