BTCUSDC trade ideas
BTC USD READ IF YOU ARE INTERESTED, NO COWBOY OR ROBIN HOOD! Hi,
Beware this is not an advice or recommendation. You are the only person who is responsible for their own trade(s).
I just share my thoughts here for anyone who is interested. I follow the stocks market since 19 years now.... And BTC since about two years (not so long) But i love crypto more than stocks like Tesla and so on.
I started trading BTC USD and other cryptocurrencies since black thursday since i thought it was on a "sale".
I will buy BTC USD and go long IF it is between 10.000 and 10.700. Also IF it breaks 10.000 i will open a short and buy again around 7.000. For more explanation see my chart. I always buy small pieces with leverage 2.
Good luck and safe trading everyone!
BTC if your long term wait. If your shorter term wait. I see us filling the other side. They can only skew the chart for so long. You run out of buyer interest. Good luck and keep in mind this is only one of a dozen ways to eventually break the top. Longer term wait for 6800.
Follow up on 20/60 ema's crossing Btc dailyPut arrows and eclipses on each crossing with a note! We are at the decision time for BTC!
The btc dipAs of right now bitcoin is still bullish imo. The .618 has been front run and the volume area created over a 90 day consolidation is holding. 10k for the first time is acting as support which is curious. I expect gold and the stock market to lead btc. Bullish or bearish its whatever the global market makers have planned.
BTC/USDC JOURNEY SEPTEMBER 2020Hi,
Just sharing my thoughts here about BTC/USDC. This is not an advice. First of all i would never thought i would experience a breakthrough 10k of bitcoin because i never traded this coin before february 2020. Now it seems bearish again to my point of view. I just opened a short position with small leverage because i personally think it will go down towards 9k area.
Follow the RainbowLooking like the Trend is still Bullish and the recent Drop is still following the Trand
We can see Higher Highs and Higher Lows.
Overall trend looks unchanged
Time to Buy or Sell the digital assets?The BTC/USDC pair has been trading in a narrow range located between the levels of 11,800 - 11,900 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines as shown by Bollinger Bands Width (BBW) , which indicates pressure from the buyers of the asset and the potential continued growth of the asset’s quoted prices.
This market behavior might indicate a distribution phase close to this year's highs, so it is worth keeping an eye on the level of 11,900. Any violation of this level might lead to a corrective cycle development towards the next technical support seen at the level of 11,600. However, if the bulls will decide to continue buying, the yearly high located at the level of 12,000 is possible to reach very quickly. The next target for bulls is seen at the level of 12,500. The daily time frame chart remains bullish.
The trend on the BTC/USDC pair remains up and there are no signs of a trend reversal, so buy orders are preferred in the mid-term. The next mid-term target for bulls can move above 12,500. The key breakdown of technical support is seen at the level of 11,000.
Just under 11k and then a sharp bounce...We will be in a new trading range for several weeks before another test of $12k. This next one will likely break and go higher though.
Quick Drop to 11,600Looks likely and perhaps lower before a strong push above $12k, in the next two/three months.
