Bullish option for BTCThis could be a bullish option for BTC.
Wait for a good entry signal and ride 1 or 2 waves up.
Check other idea for bearish option.
This is not financial advice.
BTCEUR trade ideas
$BTCEUR bullish case till end of February 2021Strong bullish case with a huge inflow of retail & institutional investors still happening. The mainstream indicator "should I buy bitcoin?" from your quasi-trader friends is significantly slower due to COVID-19 social restrictions. RSI & Stoch indicators have taken a bit of a breather with the black monday of 11/1/2021. On this date 325k bitcoin exhanged hands and we experienced "only" a 30% drop - nobody said its going to be a straight path up and those who expected continues and consistent gains were wiped out by funds and whales dumping their positions at all-time highs. Thus we are ready for another leg up and we continue from there. Looking for confirmation with a strong daily and weekly close above 30k EUR.
Other:
+BTCEUR is proving to be a much more liquid market than 2017
+Plan ahead of time and stick to your planned trades
+Expect a disaster wick, hope for the close in the right direction - hedge your positions accordingly
*Not trading advice*
Bullish Unique Three River Bottom in the making?I think we will continue going up.
Just sharing for discussion and may continue updating TA if pattern is confirmed :)
Must close day well above 27,7k
BTC forming an H&S?Looks like BTC is forming a big H&S on 1h timeframe. Closed al position at €32k for now
BTC/EUR almost ready to bounce up?Does the golden cross and its opposite make sense in BTC? I think looking at trendlines is better and RSI.
RSI line should remain in the green area for it to be bullish and the price movements should close above the trendlines...
Let's see what the BTC price movement will do next.
BTC vs Euro & the Money Flow Index (MFI)I'm sure everyone is now knowing a big move is imminent. However the question is, which way is price action going to go? Studying BTC against the Euro helps a lot as I believe the dollar is seeing increased volatility (more than BTC!) against other currencies, and the Euro seems to provide stronger signals at the moment. Also the money flow index is a fascinating oscillator to study, especially when looking left. The purple circles above indicate the last time MFI touched 11, you can see a fall in price action followed. Perhaps this time is different.
Following the correction we need between 15 & 25 days to see higher lows on the MFI before price action recovers. Historically speaking the month of August has represented some of the best times during the calendar year to take a position.
Short to 2017 ATH1. 1 dump (4h frame 210MA 23500)
2. Retracement to 29000 eur.
3. CME gap fill (20000Eur)
4. correction to 23500
5. Bounce of 2017 ath and new big run.
Maybe a reverse head & shoulders for bitcoinMaybe a reverse head & shoulders
The target is 35224 line.
Don't forget to push the like bottum. Thank you.
Symmetrical triangle and bitcoin went down.Symmetrical triangle and bitcoin went down.
I was perfectly right.
Click on the like bottum. Thank you.
Symmetrical triangle and going down to 30580 line.Symmetrical triangle and going down to 30580 line.
Click on my chart below. Don't forget to push the like bottum. Thanks.
M-pattern for bitcoin and we did go down.M-pattern for bitcoin and we did go down.
Click on my chart below. Don't forget to push the like bottum. Thanks
Bitcoin in maybe breaking the triangle !!!! We can go to 29400 !Bitcoin in maybe breaking the triangle !!!!
We can go to 29400 !!!!!!
Push the like bottum. Thank you.
Ascending triangle we go up to 36800 line !!!!!Ascending triangle we go up to 36800 line !!!!!
Click on my chart below. Don't forget to push the like bottum. Thanks.
Bitcoin maybe shall go downOBV indicator shows it shall go down the same as before and the drop was 18,59 %.
If we drop the same as before, we go to 26512 line but I think we shall go down to the next support line and that's 24379 line.
We shall see what bitcoin shall do.
Click on my chart below. Don't forget to push the like bottum. Thanks
Rising wedge maybe we are going down for bitcoinRising wedge maybe we are going down to the 24400 line.
It's also possible that we go sideways. We shall see.
Click on my chart below. Don't forget to push the like bottum. Thanks
The percent if we drop from the top of bitcoinThe percent if we drop from the top of bitcoin.
Click on my chart below. Don't forget to push the like bottum. Thanks
We are still going in the rising wedge bitcoinBitcoin is still going in the rising wedge. We had a drop but it is still in the wedge. We have a nother rising wedge normally it go's down. But with bitcoin you never now.
We had already rising wedge and everytime it go's up. Maybe between 35387 en 35745.
Click on my chart below. Don't forget to push the like bottum. Thanks
BTC approaching 2017's RSI peak, still some room to push higherI've been focusing mostly on the daily chart and the 8-day and the 21-day MAs, but when we take a look at the monthly chart, we're still not at the peak RSI levels we've seen in 2017. At the very least, this suggests we've room to push higher in the short term.
I would like to see it cool off a bit, though, but every dip is being bought with strength, suggesting we can still go a lot higher in the short term.
btceur same rally like 2017 will end with same crush like 2017If this is similar rally like 2017 with parabolic grow, then it will end with similar parabolic crush with 18 Month Bear Market with prices as low as 10 000 and 5000.
