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BTCEUR trade ideas

A whacky idea based on the Coinbase IPOGoing all out here with a whacky prediction. I believe the Coinbase IPO is going to send shockwaves through the financial markets and may even break a new record for a new company listing, if this does turn out to be the spectacle we all hope for, expect a Tesla candle pushing us to €53k with a small push down for those hoping to short only for the bears to be pushed out the way with a price going straight up to €55k ATH. Its a crazy idea but I am having fun, I think the market will be calm over the weekend in anticipation. Good luck to all BTC family :)
Long
by TobesVibration
1
BTC - Kevin C. BestHi traders, 2 scenarios: 1 - Ascending Triangle that could retrace to 47500 before an uptrend price action is performed 2- Ascending Triangle bring a momentum uptrend breaking the resistance levels I am more of the 2nd scenario; because we identify a ascending Triangle pattern and a bullish expanding triangle. Which might give a neutral sentiment either uptrend or downtrend, however price action are for me conditioned to continue breaking the resistance at 50800 EUR per BTC. Like if you agree, comment if you have feedback Regards and take care, Kevin C. Best
Long
by UnknownUnicorn12149241
Analysis Bitcoin - Euro on DailyBitcoin - Euro Daily On weekly: Uptrend by Ichimoku confirmations: SSA up, TS, KS up and Chiko above Candles. On Daily: Ranging by Ichimoku confirmations: SSA and SSB flat, KS flat. Chiko touching the candles. Price is moving in P-wave; Higher lows into resistance. Im waiting for Chiko above candles, KS and SSB up for buy. Bullish scenario: Price breaks p-wave to upside. price can go to 62726 euro. Bearish scenario: Price breaks p-wave to downside. Price can go to previous support on: 42776 euro.
by Galactus2000
Small move up and then a small correctionHello wonderful person, I have just come home after a well rested Easter holiday, so this article will be shorter than usual and I have added most thoughts into the chart. Previous prediction of drawn movement was not that off, and that was quite pleasing (The light blue drawing on top). Final thoughts are that I think BTC will still move sideways with small inclination and hug the bottom trend line, only to perform a new small correction (see chart text). Oh, and if you had hedged BTC with adding some ALT into your portoflio, congrats! You would have had some nice gains when BTC was sideways. As always, be safe- trade safe- and happy trading!
Long
by egilagre
1
Interesting fact: 5 waves formedFun facts: 5 waves is formed on BTCEUR pair but not on BTCUSD on this BTCEUR chart, major point (1) and point (4) is not intersect, which is a valid elliott waves. However, the case is different on BTCUSDT pair. The point (4) is dipping below point (1) and so it is invalid. Anyway, BTC seems exhausted at the moment, it failed to break ATH 61800 whereas others cryptocurrency broke its records. Congratulation for ETH hodlers, the value of ETH will not be limited to 2100USD ONLY. UPDATE We're now testing the EMA Ribbon lines again. Let's be patient and wait for the next few block of candlesticks for a buy/sell confirmation.
by spencerlim88
2
has been a weak short term period for BTCHello wonderful person! So, the expected launch was not impressive and looked more like a hobby sized rocket launch than a NASA or Space-X version to the moon. BTC dropped and moved very cautious with any strong momentum. Could it be because stock market is strong, and yield is back up? Maybe... Personally, I need BTC to break the previous trend line in order to have full faith again (for a large bull in shorter term window, but I still have 100% faith in BTC fundamentals). The ALT coins have seen massive gains, and strong sentiment that ALT season is still upon us (for those who wish to venture into those risky adventures). Hedging BTC with large cap ALT coins within DeFi (UNI,Terra, Cake, etc), NFT (Theta, Chiliz, Flow, Enjin, Mana, etc) and Platform (BNB, Ada, Atom, DOT etc), would have given nice gains on both Euro and BTC front; and still believe that ALT have more room to grow Just mentioning some to give an example, not a financial advice. By hedging with for example 60% BTC and 40% strong ALT, you would not be that vulnerable WHEN BTC start to gain momentum again; whilst still have some nice gains from ALT coin season. Stay safe out there and have a great time with trading, and remember to trade only what you can afford to lose and do not forget to book some profit!
by egilagre
BTCEUR 28 MAR 2021 1240 hrs (order block/volume)I used to think price action alone was too high risk. But I have opened my mind to price action tactics and all i can say is yes you can trade price action with a greater than 80% success rate (or better) . So credit where credit is due and apologes where apologoes are due... to the price action guys. however.. why not use an indicator that gives you a fairly accurate estimate of the force that will likey come from that previous order block Price has been bumping off of that supply block/supply zone. I do like the idea of calling it a block versus a zone. Price wats to clear that block before getting through it. some order blocks may not get revisited for months. Its the old look to the left of your chart basic technique. Our job as retail is to target the order block... that is it. What we do when price arrives at that order block, wether to buy or sell will come back down to your range analysis. A pretty large advantage you gain using volume over price action alone is that you can roughly determine when the block is cleared and price is either ready to mark up or mark down. If the order block is in a supply zone we would look for a no demand If the order block is in a demand zone we would look for the no supply.
Short
by dee718