FX_Crypto_Trader

FX_Crypto_Trader Jan 22, 2022

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...

FX_Crypto_Trader Jan 20, 2022

Good morning all, is it time for Bitcoin to pop? Price has been VERY stale in movement since i took the buy position. but i believe in the setup. We got our TP in the sell and now the market is getting squeezed into a corner. Currently sitting around entry area. The direction of the next mover is soon upon us. Will we see a break upwards? Or will we see a break...

FX_Crypto_Trader Jan 15, 2022

Morning all, checking back on Bitcoin today. Still holding my buy position, and currently in small profits of 1K pips, which on Bitcoin is not a huge amount. But I think the bottom is forming here at 40K. Over the next few days/weeks will be a huge factor. We need the trend line to hold and wait for the moving average to catch up with price and then start trading...

FX_Crypto_Trader Jan 12, 2022

Good morning all, good day to report on Bitcoin today. If you look back on my analysis I had that circle on the trend line drawn up well over a month ago at start of last Dec. As we can see price has touched it perfectly, you can call me mystic mac :) haha. On a serious note, we have hit TP zone for our intraday sell for 1:4 R:R 10,000 pips. Price broke below 40K...

FX_Crypto_Trader Jan 6, 2022

Bitcoin is bearish! Previous posts on Bitcoin I posted the intraday sell from the break and re test of the secondary trend line. It worked out perfectly but price was bouncing in that range throughout December. but we have finally got the break of demand for the continuation on the sell. We are heading to my desired area to buy back in on Bitcoin, on leveraged...

FX_Crypto_Trader Dec 30, 2021

Good morning all, having a look back on Bitcoin before the year comes to an end. The sell given out last time out has given some profits, but we have seen price re visit the entry zone, which has also confirmed a true supply zone as again we have seen price fall from there to virtually the same point. We seem to be stuck in this range from 52K-45K currently. This...

FX_Crypto_Trader Dec 19, 2021

Good morning all. Today I thought I would share my buying area for XRP. I believe buying XRP under $1 is a great purchase. There has been much said about this coin and once the court battle finishes I can see this coin raise in price significantly. Even last year we saw a great rise in price. So this freshly demand zone created is where I am placing longs, and...

FX_Crypto_Trader Dec 14, 2021

Good evening all, updating today on the Bitcoin intra day sell I gave out last time. We saw price break through trend and was re testing perfectly. It was the time to sell and price has respected the technical analysis very well. As we can see currently it's 3482 pips in profit on this position, was very easy one to take, and a perfect example why you should take...

FX_Crypto_Trader Dec 8, 2021

Good morning all. Having a look back on bitcoin today. We have seen price in bearish action recently. With some people calling it a crash, which is just silly in the grand scheme of things. But are we in bearish bias at the moment? What will the bottom of this short term bearish price action be? If you wanted to trade this in intra day, then you could sell here at...

FX_Crypto_Trader Nov 29, 2021

Good morning all, thought I would do a Bitcoin updater as its been a while. To be honest its been pretty stagnant with BTC since we dropped through that trend line. It has been pretty much sideways action. But it looks like the demand zone between 51-55K is where support could form for the next possible push north. I would like to see price confirm the trend line...

FX_Crypto_Trader Nov 19, 2021

Good evening all, back on Bitcoin today as we have seen some impulsive movement of late. Is Bitcoin bearish? Well it certainly looks like it could be, we have broken trend and made a lower low, if price make's a lower high next then it may look to be a short/medium term bearish move possibly. But where will it retrace to? I would like to see it find support at 54K...

FX_Crypto_Trader Nov 15, 2021

Good morning all, another look at Bitcoin today, I think this week or next we will see the push through 70K at least. The bullish nature of BTC is still clear to see. We have a primary trend and multiple secondary trend lines. Which give it more chances of staying bullish should the first break. If you were still holding that first buy we took back in June you...

FX_Crypto_Trader Nov 9, 2021

Good morning all, just thought I would share the latest Bitcoin all time high price incase anyone has managed to miss it. I closed my last positions in profit and was looking to buy back in on the pullback. I drew out the incorrect demand zone and missed the opportunity on that little pullback. But as we can see price has closed above the previous month's ATH and...

FX_Crypto_Trader Oct 26, 2021

Good morning all, I have taken profits on my Bitcoin longs as per the last update. So I am looking at the next buy in place. The demand zone at 61K would be the first place to look to buy in from. The second one at 55K level. We have nothing to aim for as we are at the ATH level so even buying in around this area could potentially easily hit our SL, so first...

FX_Crypto_Trader Oct 23, 2021

Good morning all, nice to report back on Bitcoin on both of our TP's smashed. Obviously you will of already known we made a new ALL TIME HIGH of just over 67K. If you held my original buy position then the TP of 29.2K was smashed through. The second buy stop I gave out also smashed through TP of 12K pips. not a bad haul at all. Well where will BTC go to next? One...

FX_Crypto_Trader Oct 17, 2021

Good evening all. Markets open again soon, so though I would take a look at Bitcoin before I keep more eyes on the forex markets. Price is still moving in a nice bullish trend. We have seen it hit just over 62K at the bottom of the ATH supply zone. what do you all think will se smash through and make a new ALL TIME HIGH soon? I think we will, usually I would take...

FX_Crypto_Trader Oct 12, 2021

Good evening all, checking in on our Bitcoin trade. Price has continued nicely in the bull run. In the latest position I bought in we are currently 3.1K pips in profit. not bad for a stacked position. If you continued to hold from the original buy position I posted a short while back you would be 23.4K pips in profit. Which is an INSANE amount of pips. Congrats if...

FX_Crypto_Trader Oct 8, 2021

Good morning all, yet again Bitcoin shows its power. I set a buy stop at the previous high as per the last post. Well BTC smashed right through it and I had literally zero drawdown. I do love that type of trade when it happens. I hope some of you caught it along with me. It is a slightly risky type of trade as we are close to the ATH, but I read many people...