After the new penetration, wait for the climb to the most important resistance ($42800) and say goodbye kiss. Drop to the last two targets were marked with a green line
Hello you guys, As I pointed out in my previous analysis I expected a test higher. Well as you probably have noticed we moved a bit and man finally some action. We reached 9200 and got rejected which does look concerning on first sight but hey it isn't set in stone as of yet. Ofcourse the macro view isn't that bullish unfortunately but I still expect some more...
Let me know your thoughts on my analysis! Cheers, Amol
Following some of the pair’s recent technical resistance around the 5985.00 area, traders are closely eyeing the 3792, 3274, 2634, and 1599 levels as downside targets. Last week’s significant depreciation involved some of the most acute downward price activity ever experienced by BTC/USD traders. As traders decoupled from the risks associated with BTC/USD, a...
BTC/USD BUY LIMIt ORDER ENTRY 1 $9,768 ENTRY 2 $9,640 SL $9,220 TP.1 10,040 TP.2 10,268 TP.3 10,540 & TP.4 10,840 *Bitcoin (BTC/USD) appreciated early in today’s Asian session as the pair traded as high as the 10262.35 area after trading as low as the 10083.10 area during yesterday’s European session. Notably, the pair moved higher to test the 10522.51 area...
BTC/USD HALVING LONG Set up Entry 1 4,450 ENTRY 2 4,250 ENTRY 3 3680 Sl 2900 Tp.1 6800 Tp.2 8100 Tp.3 9600 Tp.4 10,400 TP.5 12,400 tp.6 13,500 if resistance breaks tp.7 15,000 tp.8 17,500 tp.9 19,000 tp.10 21,250
Good day, Selling XBTUSD between 9450-9500$ with stoploss ~ 9630$ Take profit #1 - 8950$ Take profit #2 - 8530$ idea invalidated with 4H close and open above 9630$ . #RR ratio ~ 7 Good luck, Stay safe.
must be carefull after closing on the neck-line for the bearish butterfly
if you have your market view, please share it in comments Also you can ask me questions... Have a great day everyone!
Just an update with some explanations of my simple analysis. I guess it speaks for itself. We might see a stop hunt whale move in the opposite direction as the general expectation is quite evident. Always be safe adjust your risk management accordingly. Be safe and DYOR. Added Target 4: 6800.
Flag formation occurred. Points that need to be broken , destinations are specified on the chart.
It is possible to form the opposite shoulder and Shoulder formation. Wait for the neck line to break. The goals are indicated on the chart.
BottomFinder just gave a strong bottom signal so I thought a great time to post this, since bitcoin is dumping. Many times this is psychologically the toughest trade to make. Bottomfinder can help you manage that fear at the bottom and conversely the greed at the top! Here is a profit summary for following BottomFinder signals on XBTUSD 1 Hour timeframe for the...