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USDC / Bitcoin Spot

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USDCBTC 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!
Long
by megustadinerow
2
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.
Short
by LATOKEN
2