Swing BTC thesis by Titan_KarmaPrediction( investment_thesis='**Market Sentiment Analysis:** The current market sentiment for Bitcoin is predominantly bullish, driven by recent price highs and positive predictions for future growth. However, the movement of Bitcoin to exchanges by short-term holders suggests potential volatility and price corrections. This mixed sentiment indicates a need for a balanced approach, considering both the bullish long-term outlook and the potential for short-term fluctuations. **Technical Analysis:** The technical indicators present a mixed picture. On the 1-day chart, the RSI is slightly overbought, and the MACD shows bearish momentum, while the ADX indicates a strong upward trend. The price is below the EMA20 and SMA20, suggesting short-term bearishness. The 4-hour chart shows bullish momentum with a positive MACD, but a weak trend as indicated by a low ADX. The 1-hour chart supports short-term bearishness with a negative MACD and low ADX. Key support is around $90,000, with resistance at $98,000. **Fundamental Analysis:** The bullish sentiment is supported by increased long positions among top traders and significant trading volume, indicating strong market interest. However, the potential for increased volatility due to short-term holders moving Bitcoin to exchanges should not be overlooked. Diversification and risk management are crucial in navigating these market conditions. **Risk Management Strategy:** Given the mixed technical signals and potential for volatility, a cautious approach is recommended. Set a stop-loss at $90,000 to protect against downside risk, and a take-profit at $98,000 to capitalize on potential upward movements. Monitor market conditions closely and adjust these levels as needed based on new data and sentiment shifts. CONFIDENCE LEVEL: 78% OUTCOME: HOLD_BUY STOP_LOSS: $90,000.00 TAKE_PROFIT: $98,000.00 EXIT_POINT: $96,000.00 CURRENT PRICE: $95,014.49 ENTRY CRITERIA: - **TIMEFRAME**: 1d - **RSI**: above 60 - **MACD**: Bearish crossover - **MA20**: Below price - **ATR**: Moderate volatility - **Bollinger Bands**: Price near upper band - **Stochastic Oscillator**: Neutral - **News Impact**: Positive - **Historical Data**: Resistance at $98,000, Support at $90,000 CURRENT OPEN LONG POSITIONS: 0 CURRENT OPEN SHORT POSITIONS: 0' )
Tradinglevels
BTCUSDT Short 15 / 5 Minutes Scalping Levels (22 May 23)Based on my analysis and current market conditions, I have shared my levels which I am following today for my trades. Today I will be Only buying on dips each time price takes supports on any of shared levels. Normally I love to trail my profits, however in current situation today I will be booking full profits each time a level is achieved and rejection is seen and initiate a new trade once any of shared levels is retested.
However, if markets starts to hold below these levels and start making red candles under 26,500, then will be the time for me to go for short trade and from there I am expecting a sharp move of 800-1000 Points (minimum).
📣 BTC/USD Quick Update: A Look at the Bigger Picture 📣Hey #Crypto enthusiasts! 👋 Before we dive into other markets, let's have a quick update on BTC/USD. We're now in the 3rd week of consolidation, so it's crucial to take a step back and consider the bigger picture. 🌅
🔍 Looking at the weekly chart, we can identify some key levels that may come into play once price breaks out with momentum and direction. 📈
🔐 Immediate Levels:
Resistance: £30,000 - £32,000
Support: £25,300 - £24,800
🔐 Beyond Immediate Levels:
Support: Just above £22,000
Resistance: £35,000
Keep these levels in mind as you navigate the crypto market, and adjust your strategy accordingly. 🧭
Stay tuned for more updates and insights into other markets. As always, remember to trade safely! 🛡️
#BTCUSD #BitcoinTrading #BiggerPicture #CryptoMarket #TradingLevels #Consolidation
📣 Weekend Key Levels for BTC/USD 📣Hey there, #Crypto enthusiasts! 👋 Ready for a rollercoaster ride this weekend? 🎢 Here are the key levels to watch for #Bitcoin against the US Dollar. 📈 Make sure to check the accompanying chart image for a visual breakdown! 🔍
✅ Support Levels:
1️⃣ S1: £28,200 - The first line of defence. A break below could signal a short-term downtrend.
2️⃣ S2: £27,600 - Stronger support lies here. Watch for a potential bounce.
❌ Resistance Levels:
1️⃣ R1: £28,800 - First target for the bulls. A break above could open doors for more gains.
2️⃣ R2: £29,200 - A key resistance zone. Keep a close eye as it could prove tough for the bulls.
Remember, crypto trading can be volatile! 💥 So keep your risk management in check, and don't forget to set stop losses. Trade safely, and may the odds be ever in your favour! 🍀
Hit the like button if you find these levels helpful, and don't forget to share with fellow traders! 👍💬
#BTCUSD #BitcoinTrading #WeekendTrading #CryptoMarket #TradingLevels
Key Levels and US Market Review for the Asian session open 23/03US Share markets indexes move lower after the US Fed raised interest rates by 0.25% as expected. There are a number of concerns that the market sees and is reacting to as risk assets take a hit. The US Fed showed concern for the banking crisis and expect credit conditions to tighten which does not bode well for growth in an interest rate raising environment. I expect that we will see more risk off trading in the coming days and will see Europe play catchup with a move lower on open in the coming session. UK CPI showed inflation is moving up which I expect will cap any rally into the FTSE100 (UK100 Index).
Asian markets will open weaker to follow on from the US session.
A review of the price action from the European session and the US session where I look at some key levels to watch and the price action setups I expect to see play out on the major markets below.
Markets covered :-
DOW
Nasdaq
DAX
FTSE
ASX200
Hang Seng
USD Index
Gold
Oil
Copper
Gold sellers held up at 1854.30 support.Looking at gold on the 4H in today’s Asian session, we can see that sellers are being held up at a previous level of support. For now, this level is trying to reconfirm support but could this just be a new consolidation pause before the next wave begins?
A break below yesterday’s low could suggest the trend is back on, but a hold could start to put up a double bottom / HL idea. After that, we would like to see a new HL to really start suggesting buyers are back in control.
Good trading
KEY TRADING LEVELS FOR BITCOIN THIS SEPTEMBER - ALTUS.FINANCEGreetings TradingView!
Here we have all of the most important trading levels you need to know to stay head and shoulers ahead of market participants this month.
Included:
- DAILY LEVELS
- WEEKLY LEVELS
- FIBONACCI RETRACEMENT
Happy Trading!
ALTUS
AUDUSD OPEN MARKET ANALYSISOVERALL TREND- PRICE IS CURRENTLY AT CONSOLIDATION ON THE DAILY TF (OF AN OVERALL UPTREND), TRENDING BEARISH ON THE 4H AND 1H.
WE HAVE 3 OPTIONS TO TAKE FROM HERE.
Based on our Fib levels, scenario 1 would present a short where price may look to get down to our 50%, break below, retest and proceed down into our 23.6%.
Scenario 2, price can bounce back up from our 50% to create higher highs and give us long opportunities.
Scenario 3, price can push back above our 61.8%, where we can take a possible long position into higher highs.
Leaning more towards scenario 1 and 2.
What do you think?
26/11/2020 #EURUSD At Resistance, Possible PullbackPossible pullback to 1.1887-95 before further up. Will watch for reaction at that level for entry.
Upper resistance we have 1.19080(now support), 1.1934 (is a strong resistance zone so rejection is a shorting opportunity). I expect 1.1961 to cap high of day as it is a strong resistance zone, if not we have 1.1981 above.
Below, if 1.1887 breaks, support are at 1.1854-63, 1.1841 and 1.182 should cap low of day.
20/11/2020 #SPX Bull Bear fight continuesYesterday was a lackluster Doji day. I said it multiple times that the bears need to take this down earlier than later, and this week is better than next. Price still above 3510 which is good for the bulls.
Today is #OPEX, supposed to be volatile day, and let's see if we will get a resolution today.
Bias to downside below 3566-71.1, targeting 3555.1 and 3545.7, 3526, and strong 3505-3509 support zone. 3480 if traded, should cap low of day, providing low risk buy level.
Above 3571.1, upside targets are 3584, 3592 and 3606. 3624 should cap high of day.
18/11/2020 #DAX30 Pretty strong but pullback is healthyYesterday was a ranging day, hitting the highs and lows but trapping both buyers and sellers. But I would say #DAX30 is probably stronger compared to #NDX #SPX #FTSE. Price above my support zone so bias is to the upside but with the consolidation either way is possible. Price is probably preparing for a big move.
Bias to the upside above 13130, targeting 13190, 13238, 13310. 13412 if hit, should cap high of day.
If 13090 breaks, looks for 13072 as 1st support, with below targets as 13000-14, 12940-52. 12860 will be a good level to look for longs.
17/11/2020 #DAX30 Bullish for nowWe have quite a bit of whipsaw yesterday and we closed mid of range.
Price still in a balance area and TBH #DAX30 #FTSE are the stronger indices now.
I am looking at 13058-62 zone. Expect a pullback to this zone and see the reaction from there.
Above we have 13168, 13264, 13374. I expect 13472 to cap high of day even if there are any news.
If 13058 breaks, look for 13014, 12962-64, 12852 to trade. 12730-750 is strong support zone, should cap low of day
12/11/2020 #SPX Don't be too bullishYesterday we had a rally brought up by #NDX. #RTY was quite flat. Where's the money? Any MORE left?
Blue zone at 3576.2-3580. Cautiously bearish below. Upside targets are 3596 and 3612 and 3641.2 will offer a low risk sell level.
Price is now already below my 1st support at 3566.6 (I tweeted on a return to 3552 and took a short at 3576). Lower support at 3550.4, 3536, 3520.9, 3500.6-3504. 3474.6-80.2 should cap low of day, can look to buy there.
11/11/2020 #NDX looking for further downside#NDX continues to be weak. Consolidation yesterday.
Downside risk still exist. Price is now at my orange zone where we can sell from here, but I also factor in a possible deeper pullback to 11672-84 or even 11714-28. These levels aren't far away.
You can actually scale in along the way up, if that's your trading style, or watch for reactions off the zones.
Downside levels are 11500, 11440-11460 (strong support zone), 11290, 11330 and 11158. If big selloff, 11074 should offer low risk buy level.
Above my blue zone, look for 11856 and 11920 for reaction. Not expecting price above that. If 12080 trades today, selling shall be good
10/11/2020 #XAU #gold flat to minor selling todayMy bias was bearish yesterday. Perfectly hit my resistance and went down 100 dollars to hit my support. Now bouncing up. Watch 1890.48-91.84-96 for possible pullback to this zone for further down.
With such a huge swing yesterday, today's action should be more muted. Looking at more sideways to down, but not too much off a sell
If it moves upon 1896, it might trade to 1904.64, 1921.22, 1928.12. High of day should be capped at 1935.16.
If it pullbacks back from 1890, look for 1847.9 (yesterday's low) to be re-tested, then 1841.16 and 1818.24. 1774.92, if it sells off again, will offer good buy.
09/11/2020 #XAUUSD #gold Strong but beware of pullbacksGold closed last week strongly but is at key resistance 1962.214-1963.8 now.
If this strong resistance breaks, we are looking at 1973.58, 1982.
Watch this zone careful, if rejected, we should go to 1946.4-48.86. If this zone breaks too, we are looking at 1936.42-37.48, 1928.12-29.10 and 1921.24-24.10. 1912.74 should safely cap low of today if it trades
09/11/2020 #NDX #NQ_F Up and up. Till it stopsMarket opened gap up on Biden's win, though the win is probably expected since last week.
Price is going higher on momentum.
Overextended but it is difficult to call tops and you need skill to short such a market.
Price is above 1st resistance at 12270. We should get a pullback before going higher, targets above are 12428, 12502. In the event of FOMO buying, 12742 should cap high of day.
If 12158 breaks, look for shorts, targetting 12034, 11922-48 and 11858.11800 will safely cap lows of day