BTCEUR trade ideas
incoming break out...BTC price moving in triangle ... but new daily candle try to open above 93 HMA and BB basis line... bands is too small... that looks bullish to me...
BTCEUR March 2020 support becomes resistance?A rocky time ahead until January 1st 2020?
The price could be moving inside the blue triangle.
BTC/EUR - still waiting for direction confirmationUpdate on the previous idea - as we can see, situation has not changed a lot. Price did not manage to break resistance, but also - it did not go down from it.
So options are the same:
If price will break the level and go up - then you can enter long position (stop loss should be below 9390 level, target - around previous high at 10500).
If the price will not manage to break this level, most likely it will try to test support level at 8040 zone. This level is quie strong, because it stands from 30 April.
If you want to trade Crypto with low fees - try Binance: www.binance.com
Link to earlier idea:
Bitcoin EUR / BTC USD. Two possible scenariosWe're curently in a range which might present us actually three scenarios. The one with smaller probability not listed in this example is price stagnation and side movement, which (due to a long term breakout) has a positive impact on LONG positions.
Presented here however possibilities consider short term price movement which is restricted by previous behaviour of global traders community. Breakout above current resistance will result in signifficant price movement towards the upside - possibly well above presented here top from 17'th of August (LONG term dynamics).
We can't however exclude here long term (strong) resistance in this area, hence tight stop losses are recommended and appropriate capital managemet as always is cruicial for the long term outcome of trading activities.
For short term traders LONG here isn't a bad idea since there is a little bit of space for growth, considering visible RSI and supportive (not presented here) 100 Expotential Daily Moving Average. Apart from my cold storage capital - I stay here out of trading, waiting for further price development after unfinished yet weekend.
Have a great day - and good luck with your consistency.
BTCEUR Lows - Correlation March 2020The green lines indicate the correlation with the March 2020 lower low. After the 'inverted Batman', new lower lows in the Making?
BTC/EUR - waiting for direction confirmationBTC/EUR - has reached resistance zone (9390 price). As we can see this level was broken on 28th July.
And price managed to reach 10500 price. After it went back below 9390 zone, it did not manage to break it again until now.
Best scenario at the moment would be to wait and look what will happen:
If price will break the level and go up - then you can enter long position (stop loss should be below 9390 level, target - around previous high at 10500).
If the price will not manage to break this level, most likely it will try to test support level at 8040 zone. This level is quie strong, because it stands from 30 April.
If you want to trade Crypto with low fees - try Binance: www.binance.com
Bought right in that dipWas checking BTC yesterday, and I noticed that there could be a rise once we pass the old line of resistance from 7 till 10 september.
We're going sideways but still in the good direction.
My 4ema indicator still tells me a different story, but sometimes you just can't trust on indicators imo.
Are you thinking the same? Let's discus! :-) I'm here to learn more!
Bitcoin -EurThis is not a financial advice, i am tasting the water, if i am right about BTC we will see the range 4200 euro..You guys see what i see ? Bearish Bat right
Bitcoin long term bull, short/mid term WTFKAccording to this chart I've spent hours on over the last couple weeks, it will definitely either go up or go down. Could also go sideways. 🤷♀️
BTC - EUR possible roadmap... bull scenarioHello everybody..
Just wanted to share some observations. I noticed the last two big corrections trended in the same angle.
If we trend in te same angle up as the previous impulse we could see BTC hit 32K levels early next year.
Have a nice day
BTC support zonesLevels displayed are the ones where I would add on to my portfolio, considering it shall probably not go down to the lowest point.
Disclaimer : Don't invest more than what you can afford to loose !
