BTCUSD 5RR Trading SetupBTCUSD is Looking Bullish
BTC is in Their Strong Support
And IT is ready For a Bull run
1-BTCUSD
Bitcoin bybit chart analysis July 13
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
*In arrow movement path
long position strategy
1. $30488.5 long position / stop loss when breaking the green support line
2. $30911 long position target -> Top 2nd target
The good section at the top is for an upward trend, while the green support line at the bottom is for a downward trend.
In the meantime, I stayed at 31K for a long time.
Nasdaq is also showing good moves.
Because it is a condition that can fall strongly even in tether dominance
Movement seems important today.
I may have been a day early
The movement expected yesterday can be connected today
Real-time operation is good.
My analysis in each position, long and short, please simply refer to it.
I hope you operate safely with principle trading / stop loss essential.
thank you
Metrics: DrawdownDrawdown is the metric used to measure the decline in a performance curve relative to a previous peak. It represents the distance between a maximum point in the capital curve and its subsequent minimum.
This indicator can be visualized in relative terms (%) or absolute terms (€, $...). In my opinion, I always recommend using relative data as it makes the analysis more intuitive.
From this concept arises the maximum drawdown of a strategy, which indicates the maximum percentage loss between a peak and a trough over a specific period of time. This period can range from the last month to the entire historical series, known as the drawdown from origin.
Therefore, drawdown is used in the risk assessment of a system, both on its own and in combination with other related measures that provide a higher degree of information.
Correlation between different assetsCorrelation is a measure that establishes the degree of relationship between different assets. It is measured on a scale of +100% to -100%.
In the case of a +100% correlation (perfect positive correlation), both assets move in an identical manner in the market. Conversely, if the correlation is -100% (perfect negative correlation), we are talking about two assets that move in an exactly opposite manner.
Correlation is a crucial measure to consider because not being aware of the correlations between assets could inadvertently increase our risk. For example, if we open a sell position in NDJPY and another with the same lot size in NZDUSD based on an analysis conducted on the 4H timeframe, we would be multiplying our risk by 2 due to the high correlation between both assets in that timeframe (88%). The correct way to handle this situation may be to either reduce the risk of both trades by half or only trade the pair with a clearer scenario in your analysis.
Bitcoin bybit chart analysis July 12Hello
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Bitcoin 30 minute chart.
Arrow movement path, one-way long position strategy.
As you all know
After a while, there is a CPI announcement at 9:30.
Combining the Nasdaq flow, bitcoin, tether dominance waves and signal lights
I made a strategy for the day.
*At the red arrow path
long position strategy
1. Entry into long position at $30588.5 / stop loss when green support line completely breaks
2. $31,068 1st target -> Top section 2nd target
I don't think I can reach the top section
Without greed, I lowered it slightly.
From today's touch of the green support line, the pattern may break again.
It's better not to touch it at all.
Even if it touches, it must be connected to the uptrend unconditionally at the top.
The 30399 dollar shown with the light blue support line is the 1+4 section.
Since there is no proper support line from the bottom true blue support line,
It can be pushed all the way to the Bottom.
If today's strategy is successful,
As explained at noon
All altcoins can become a sea of fire again
Bitcoin + major alt move
Minor alt circulation pumping may come out in the sidewalk section.
My analysis so far is for reference only.
I hope you operate safely with principle trading / stop loss essential
I'll see you in a while.
thank you
LONG TERM SWING BUY OPPORTUNITY IN J&K BANKThe stock has strongly broken the Weekly Range.
For long-term one can enter the upcoming week once the stock retests the breakout area for a long term swing trade.
Please refer the Chart for SL and TARGETS.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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LONG TERM SWING BUY TRADE OPPORTUNITY IN SOUTH BANKThe stock has strongly broken the daily and Weekly Range.
Please refer the Chart for SL and TARGETS.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
TO CONNECT WITH ME CHECK OUT MY BIO.
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Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis.
Thank you
Bitcoin bybit chart analysis July 11
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It's a Bitcoinguide.
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Bitcoin 30 minute chart.
Today, the possibility of sideways movement is too high
Strategies are very late.
In the case of tether dominance, there is a possibility of an additional rebound
Nasdaq 1:00 indicator announced
It is also pushing down on the MACD signal.
Overall, the upward rebound is weighed on,
It was finished with a light blue finger long waiting strategy.
*In light blue finger movement path
long position strategy
1. Entry into long position at $30,154 / stop loss when completely breaking the green support line
2. $30833.5 long position target -> Top section 2nd target
If you hold on well from your current position, you can climb smoothly to the top section.
If the green support line breaks
The light blue support line below is the 6-hour support line.
The top section is the daily support line.
Nasdaq upside potential
I think the biggest variable of the day will be the Nasdaq.
I hope you will be able to operate well in preparation for tomorrow's CPI while watching in real time.
My analysis so far is for reference only.
Principle trading / stop loss is essential, so please operate safely.
thank you
Bitcoin bybit chart analysis July 10Hello
It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
There is no separate Nasdaq indicator announcement today.
On the Nasdaq trend, upward rebound
Looking at the tether dominance pattern, it can gradually decline.
If the pink resistance line fails to break through,
Please note that there is a rebound section of the $29730.5 major at the bottom.
Moderately put weight on the rebound to the right.
*In arrow movement path
long position strategy
1. $30168.5 long position / stop loss when breaking the green support line
2. $30402 long position 1st target -> Great section 2nd target
Short position switching was not carried out because there is a possibility of further increase.
Depending on today's movement, further upside or re-correction may come tomorrow.
Also, if the rebound is not good, there may be sideways protection.
If it finishes within the light blue support line,
There is a high possibility of further decline tomorrow, and it is not the best for long positions.
My analysis so far is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you
Understanding Price Action and Volume in TradingIntroduction:
In trading, there are two main components to consider: the psychological aspect and the technical aspect. While this tutorial will focus on the technical part, it's important to note that the psychological aspect is also crucial for trading success. In the technical realm, two key elements to prioritize are price action and volume. By understanding and analyzing these factors, traders can gain valuable insights into market dynamics. This tutorial will provide an overview of price action and volume and explain their significance in trading.
Understanding Volume
Definition of Volume:
- Volume represents the number of transactions in the marketplace.
- Each unit of volume indicates a single transaction (e.g., a sale).
Volume as an Indicator of Strength:
- Volume does not indicate the presence of more buyers or sellers.
- It reveals the level of aggressiveness exhibited by buyers and sellers.
- Higher volume suggests greater interest or activity at specific price levels.
- Lower volume may indicate a lack of interest or support at certain levels.
Auction Market Theory:
- The market functions as an auction place with buyers and sellers seeking price equilibrium.
- Bid and ask prices reflect the orders placed by traders and institutions.
- Understanding the auction market theory helps decipher the relative strength of buyers and sellers.
- Level 2 data, including bids, asks, and time and sales, provide insights into order flow.
Understanding Price Action
Importance of Price Action:
- Price action refers to the movement and behavior of price on the charts.
- Analyzing price action helps identify trends, breakouts, and reversals.
- Price action reflects market sentiment and the acceptance of certain price levels.
Components of Price Action:
- Candlestick patterns: Analyzing the shape and structure of individual candlesticks.
- Supply and demand: Evaluating imbalances between buying and selling pressure.
- Support and resistance: Identifying key price levels where buyers or sellers are active.
Combining Price Action and Volume:
- Integrating volume analysis with price action enhances trading decisions.
- Volume confirms or contradicts price movements, providing validation or cautionary signals.
- Analyzing price action and volume together helps identify strength, trends, and traps.
Using Indicators Properly
Limitations of Indicators:
- Many indicators are lagging, meaning they rely on price data to generate signals.
- Price action and volume are leading indicators that provide real-time insights.
Simplifying Your Trading Approach:
- Remove unnecessary indicators and clutter from your charts.
- Focus on price action and volume as primary tools for analysis.
- Develop trading strategies and playbooks based on these essential components.
Conclusion:
Mastering the technical aspects of trading requires a deep understanding of price action and volume. By simplifying your approach and focusing on these key components, you can develop a solid foundation for trading success. This tutorial has provided an introductory overview of price action and volume. In subsequent lessons, we will delve into more advanced topics such as order flow and deeper levels of analysis. Remember to avoid overcomplicating your trading and always seek continuous learning and improvement.
BITCOIN WEEKLY ANALYSIS bitcoin technical analysis with respective zones , currently btc in a short term uptrend zone , if you are following btc then this zones for you
BTC ANALYSIS 🔴BTCUSDT next target 29500 and below that
1.) formed triple top🔼
2.) RSI showing good strength in downtrend.
3.) 29500 is now a weak low which failed to break above 31500.
Oh hail yeah Today's volatility day also...Stay away from any trades👀
FOMC meeting event.
BTC Forming Elliot wave?Well if 4th wave sounds good support will long it with a 3X lev or use a Cross account.
Overall BTC looks bullish
If BTC fails to sustain 25200 levels then another bearish trend ahead :(
Bitcoin bybit chart analysis July 4
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It's a Bitcoinguide.
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Bitcoin 30 minute chart.
Today's strategy has several risks.
** Sideways possibility, tether dominance current rebound touches the 12-hour support line (section with some strength),
Beat daily chart MACD dead cross in progress (ignored if it rises strongly from today) ,
4-Hour Chart MACD Dead Cross Order, Lower Gap Retracement Possibility
If the strategy doesn't go as planned
Please note that after that, you can return the lower Gap of 30388 dollars.
*In arrow movement path
One-way long position strategy
1. $31023.5 long position / stop loss when breaking the green support line
2. $31760.5 1st target -> Great section 2nd target -> From Booster to 34K, this week's final target
If it breaks through the green support line today
It can be pushed to the gap section, so be careful
(If it is pushed today, it seems advantageous to wait long in the lower gap section.)
The position of the candlestick on the monthly chart for the month of July
With the strength from the MACD Golden Cross of the Wolbong Chart
Because you may miss the long entry spot
It went on aggressively.
If the strategy is successful,
In the spot exchange, the overall bull market may come out again.
So far ,
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
It looks like I'll be away for summer vacation this week.
I left a small gift at the bottom,
See you next Monday.
Bitcoin 4 hour chart
At the top is the design of the rice cake train.
Please check the price of the overshooting section displayed in the upper right corner until this weekend.
thank you
Bitcoin bybit chart analysis July 3
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It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
*In light blue finger movement path
long position strategy
A bearish wave is underway, and the pattern is slowly breaking.
Even if you go short, there is no place to eat, so it is a strategy to wait for a long position.
Currently, the 4-hour chart MACD dead cross is pushing.
In the lower gap section, we created a suitable upward-sloping strategy.
1. Entry into long position at $30388 / stop loss when breaking the green support line
2. $30907.5 long position target -> 2nd target of the top section
This month, the Wolbong Chart MACD Golden Cross is in progress.
Tether Dominance is also breaking away from the center line on the weekly chart.
It's hard to upload right now
I think it will gradually rise from tomorrow.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you
Bitcoin bybit chart analysis June 30Hello
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weekend bonus
This is a 30-minute chart of Tether Dominance.
Watch the opposite movement in real time with the beat
Below the purple support line is a pit.
Sections 1 and 2 are down until the weekend
7.34 -> 7.41 at the top is the rebound zone.
Bitcoin 30 minute chart.
The purple vertical line on the right is the time when the main bar was created next Monday.
1 -> 2 -> $34016 at the top is a long position target.
I made it longer so that you can use it comfortably until the weekend.
Overshooting section in the morning
It was the move I was aiming for yesterday, but it came out late
Strategize your moves.
*At the red arrow path
One-way long position strategy
1. 30801.5 dollar long position / stop loss when breaking the light blue support line
2. $31753.5 long position target -> when reaching Booster section
I think it would be nice to aim for the target section at the top during the weekend.
If you reach the top section before 9pm
There can be strong adjustments, so be careful. (Bollinger Band 12-hour resistance line)
Because the overshooting section a while ago is the 6-hour resistance line section
From now on, the upward trend is connected or
Please note that it may end with a sideways finish.
From the departure of the light blue support line, the Ichimoku balance sheet also thins out.
It can be dangerous, so be careful.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
Thank you so much for the recent participation rate.
I left it for high quality analysis.
You worked hard this week in the hot weather.
thank you
Bitcoin bybit chart analysis June 26Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
I think it would be nice to use short -> long depending on the situation.
Nasdaq no major indicators released
I made a strategy centered on tether dominance.
*In arrow movement path
long position strategy
1. $30249.5 long position / stop loss when breaking the green support line
2. $30913.5 long position 1st target -> Top section 2nd target
I think the middle wave can be seen autonomously.
I think it will be long, so I will omit it.
Those who have been maintaining long since the 16th
If the purple parallel line support is maintained, it is expected to be a sideways movement to the right.
Just keep an eye out for breaking the maximum green support line.
Even if you maintain only the green support line, today in the spot exchange
Minor -> Major switching movement seems to come out
It looks like it could end with a sea of fire.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you
BTCUSDT SHORT 15 MIN ENTRY @3025
SL @30353
TGT@30010, 29800, 29540 +
After a SL in long entry previously I have taken a short position as per my setup post retest and a breakdown of support. There is also a bearish crossover and it is below 0 level so let us see if this takes a SL or target. There is no shame in taking SL for me as I know my setup gives me a 1:5+ ratio in trades so I do not mind taking SL 5-10 times straight. I tried taking trades on 5 min they work on BTC but now as 15 min or 1 hour. So from next time I will try to trade only on 15 min min frame ignoring shorter frame of 5 or less in Bitcoin.
Bitcoin bybit chart analysis June 23
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
*At the red arrow path
long position strategy
1. Entry into long position at $30015 / stop loss when purple support line completely breaks
2. 1st target of $30064 -> 2nd target for the top section
When you reach the top section of $31377
Autonomous operation of short positions with short stop loss
The bright sky blue parallel line section marked on the gown
It's an extreme cross-section that can happen today.
I think it would be nice to use it for support resistance counter trading.
The sky blue finger section at the bottom
This is the 1+4 major support line.
During the weekend, if you touch the $31756 Booster section in the upper right corner
It can go up to $37,608 by the weekend.
If the strategy succeeds
On the spot exchange over the weekend, major alts today
Tomorrow is Minor Alt Circulation Pumping -> Major in order
There may be a whole sea of fire.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you
BTC has took the LQTook this Short on BTC
BTC has took the LQ, Now it will trap all the long position.
We can see a massive sell from these levels.
Before that we need to a Change of Character,
i took this risky short, lets see how it plays out.
