My Idea on Euro vs Bitcoin ( XBTEUR )For any longer term investor I have the idea to buying bitcoin around the 0,618 retracement / the 1,618 extention area.
Always remember
- you are responsible for your trading, wins and losses
- i dont give trading advices, this is just an idea
- price may drop lower
- you may loose all your money
- you are unique and important
- to live and t love
BTCEUR trade ideas
BTC shows healthy growthbitcoin shows that currently negative news (even the most negative) does not affect the market so much, this is a good sign. Currently, only a large sale of btc can make a huge correction, so I recommend to watch whalealert and draw conclusions. (BTC on long is still the best investment offer)
Old chart but still valid-that is great!Hello Wonderful being!
It truly has been a very long time since my last post, but ii has not been that much reason to post lately.
Simple truth is from the title, that my old chart is still valid and been battle-tested.
The pointers I have on the chart are still what I am watching but let me summarize:
Heiken Ashi is used to remove noise from chart
The colored blocks, segments, are tested and are valid. Look for these as support and resistant if we retrace down.
The Black triangle has been breached to the upside, very good indicator.
The Head & shoulder line has been breached to the upside, but are in threat area to be broken to downside. This line must hold to maintain bullish momentum.
The very old trend line as been tested once again and still valid. If this is broken this week, look for downside correction and watch the colored blocks for resistant and supports.
Things I am concerned about this week, and late September:
Stock market is becoming weak, and seeing downside. Has correction started or is still just a breather?
If stock market correct further, we can see more red in crypto as people and companies will start to book profit in crypto to cover losses in stock market.
The capricious element now is that BTC and crypto is more accepted, which could indicate that money moving out of stock market might come into crypto AFTER it has corrected first. There has been numerous financial conferences where crypto has been a major discussion, even in the latest gold conference. This is great, as more institutional money might come into crypto market as more hedge and more investment.
As always,
stay safe, trade well, do not take risk you cannot endure.
What I THINK will happen next..Hello there, I'm a newbie on this site and I'm also a newbie in trading analysis overall, but on the other hand I'm trying to learn so don't take any of my ideas too serious because they are more like my personal log of fails and successes.
So, here's how I came up with this idea:
1. We are still in bear market since we didn't went through ATH so I think that this last trend was just one of short-term uptrends
2. Bitcoin's price fell below previus highest low which is considered half signal (I think?)
3. We are way above long-term Moving Averages so correction is needed
4. Volume during that last dip didn't really increase, which means that buyers probably think that the price is still too high/to risky
5. Pattern is very similar to that one when BTC went to 54k EUR just at smaller scale
Maybe I forgot something, but yes, this is my idea and if you like it please leave a like or comment of what you think about it because every little tip would help me in my learning journey.
Thank you
BTCEUR Pattern, lines - short termThese are just lines to demonstrate a pattern. It doesn't say anything about the direction, because the result of this pattern is the combination of several markets and numerous individual decisions. Nevertheless, bots have a tendency to act rationally, hence the fomation of patterns that refelct the optimal mathematical solution. I'm just interested in seeing that live, as it forms.
I am a sculptor, not a trader.
Rate Chart and Order 0/10 (fail)Hi,
I've just started trading on TradingView, before that was on binance. Found Binance much easier to set order but their chart is ugly. Like old pixeled screen when you zoom out and blury image.So ive actidentally failed at order ofc Limit amount wasnt executed as i wanned : D ,but its fine 30e are at stake no biggie...
So how does my chart looks. Does it make sanse ? :( :)
Btc/Eur random analisys from a newbie :) Check it outWhat do you Think ? Any ideas i could use more for analysis would be great to know :)) (Please comment below)
Thanks.