FX_Crypto_Trader

FX_Crypto_Trader

Afternoon all, Is ETH the new KING of CRYPTO? Today I am following on from the post last week regarding our Bitcoin buy and also the pattern I noticed compared to ETH. As you can see from the charts the left hand side is Bitcoin which is currently dropping in value, the structure hasn't been broken yet but still lagging behind. Still holding longs in profit on...

FX_Crypto_Trader

Good morning all, update today is a little different. I have included what I found to be interesting with BTC and ETH. As we can see it looks like ETH is leading the way on the current price action. Price for ETH is trading above all 3 of my moving averages. Which is a good indication of a medium trend change at the least. BTC is lagging behind it so far. Could...

FX_Crypto_Trader

Good morning all, thought I would do an update today after the fed rate hike news came out yesterday. We all knew it was coming, and it seems the market did too. Looks like it has already been priced in as normal movement resumes. We are by no means bullish, but some bullish structure is forming, higher highs and higher lows on the daily here. We just hope it is...

FX_Crypto_Trader

Good morning all, another update today on the Bitcoin buy taken. We have peaked at just over 1:3 R:R. Currently price sits at 1:2. As always it is advised to lock in some profits so I have moved my SL to 1:1under the last swing low and half my position was closed at 1:2, as I missed the peak. But you cant go wrong taking profits, now we just get to watch in stress...

FX_Crypto_Trader

Good afternoon all. Just a little update today. Anyone else buy Bitcoin? I did as I said I was going to do. I know many people think we are going lower, but I think we are at the bottom. So i have to trade with my instinct don't I? I see ETH has had a little breakout today, hopefully Bitcoin will have one also. I'm well aware we could still come back down into the...

FX_Crypto_Trader

Good afternoon everyone hope you're all having a good weekend. Back again today to report our position on Bitcoin has hit SL, only 0.5% loss so it's all good. The bearish trend continues and we have broken out of this small range we have been trading in. It now look's highly likely that we may be visiting the next demand zone down at 24K. Perfect for all of us...

FX_Crypto_Trader

Good morning all. Just a small update today on Bitcoin! There is a lot of talk going on currently about what will happen next with the price of BTC. Clearly we have been in a bear market, and the majority of people say it's going to go down further, BUT ISN'T THAT THE OBVIOUS MOVE? To move down further would just be the obvious continuation from a bearish trend....

FX_Crypto_Trader

Good afternoon all. Bitcoin, what an interesting currency it is proving to be lately. With these cheaper prices it is certainly providing the less fortunate people to buy more to HODL and make big returns, me included. We come to the zone currently trading at. WILL IT HOLD? Or are we continuing and will see 20k? If you follow my YT you'll know I have opened a...

FX_Crypto_Trader

Good morning all. Lets talk about Bitcoin! As we are all aware this week has been crazy for crypto. We have seen the demise of LUNA wiping out many peoples portfolio's and crashing and burning. Bitcoin also dropped quickly during this time. But as we can see from the charts we can clearly see big buying pressure coming into play. The way we look at institutional...

FX_Crypto_Trader

Good morning all, today we are looking at Bitcoin again. We have had one successful trader of late and also one that has hit our SL. Previously on the bearish run down we had a nice sell position which we did well from. But where we find price sitting currently I am not inclined to sell at the moment. If price can hold this level of 30K then I am happy to try a...

FX_Crypto_Trader

Good morning all. Just another small update today on the Bitcoin buy trade. Price looks to be respecting bullish structure so far. We got a nice pullback in price, as you can see it wicked right down to the demand zone and closed at the level of current support. Also looks to be a nice bullish flag forming so we may soon see the next leg of the bull push come to...

FX_Crypto_Trader

Good morning all, quick update today on the BTC trade. The supply zone has been broken!! We got a nice push through in price, and we are now creating higher highs. Is the next bull run starting? Certainly looks that way. Currently we sit 942 pips in profit. TP1 zone is in sight now, we may get a small pullback in price top create a higher low next before more...

FX_Crypto_Trader

Finally! We got the breakout on Bitcoin! Price action was suggesting this would happen so i hope you following along managed to get a buy in on this move. We find price sitting in the supply zone which has contributed to recent drops back so this is the level we need to break for a nice medium term continuation trade. We are currently 618 pips in profit. So if you...

FX_Crypto_Trader

Good morning all, there hasn't been much to report on Bitcoin of late. Due to price being very idle and moving in this small range. Are we on the verge of a breakout? It certainly looks like we could be. Price is getting squeezed here, what I like most about this price action is that it is making higher lows even in the range. Is this the bottom? Have you bought...

FX_Crypto_Trader

Good morning all, little update today on the Bitcoin trade I took. I have mostly covered Bitcoin on my weekly video's on YouTube so if you watched that then you would know what I was looking for. I closed my previous buy for small profit as mentioned with the fear of falling further lower. But as we cans see the demand zone we previously bought from held quite...

FX_Crypto_Trader

Good morning all, today brings another small update on Bitcoin. Price is sitting at virtually the same point as the last update. But we have had some movement, and with that we have seen some bullish trend structure form. With the established higher high formed and the higher Low created right on the little demand zone. Price is looking good for continuation of...

FX_Crypto_Trader

Good morning all, apologies for not updating with the picture analysis. As I have mainly been covering Bitcoin on my YouTube channel I haven't done a chart update for a few weeks. As I mentioned on my video update's I bought Bitcoin after the Sell to buy price action at the trend line. As we can see we have had some nice bullish impulse price action. We have...

FX_Crypto_Trader

Bitcoin is a Bloodbath. That's all i'm reading everywhere. Yes we have hit SL on our buy position, but that is totally fine as we have had huge returns of late. We can't win all of our trades it is not sustainable, losing is part of trading. So we move onto the next re analyze and pick our next position in the market. The demand at 40K has been broken, so it...