BTCUSDT increases, a profit tap will take placeSamson greets everyone!
Creating an Elliott Wave model has significantly boosted the price of the product. At the time of writing, the cryptocurrency market is trading below the resistance level of $37,960. The upward trend is strong as it is consolidated at a high level with stable trading activity on the 2-hour time frame.
Therefore, it would not be surprising if this price increase reaches $40,000. What are your thoughts on this matter? Do you agree with me?
1-BTCUSD
Bitcoin bybit chart analysis November 8Hello
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Bitcoin 30-minute chart.
Powell's speech is at 11:15 today.
Nasdaq patterns and signals,
When looking at overall trend following and profit/loss ratio
I decided that a long position would be advantageous.
*Red finger movement path
One-way long position strategy
1. $35307 long position entry zone / stop loss when breaking out of the green support line
2. $36,512 long position 1st target -> Top section 2nd target -> Great section 3rd target
Short positions will not be operated separately.
From the current location
If you maintain the green support line, you are in the safe zone.
If you leave the light blue finger indicated at the bottom,
There may be a further downtrend after tomorrow.
My analysis up to this point is simply
Please note, please only use it sparingly.
6 principles of trading / Stop loss is essential and I hope you operate safely.
thank you
BTCUSDT increased sharply ??BTC has gradually been trading upwards since a significant move in late October. As seen on this chart, the parallel price channel A is still functioning well, breaking out of the port and maintaining a strong upward trend above $32,000 and stabilizing around $35,000 on the weekly timeframe.
In the long run, BTC is expected to experience strong growth, especially in the context of unstable economy, making it a viable alternative solution for investors. The expectation for a rise to $51,100 is high. As long as it holds steady above the mentioned support levels, this expectation is entirely plausible.
Bitcoin bybit chart analysis November 7Hello
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Bitcoin 30-minute chart.
There are no important indicator announcements today.
I touched the gap section.
I think there are people who are holding long positions.
I'll continue with yesterday's strategy.
Instead, it is leaving the center line of the 4-hour chart.
After 9 o'clock, it is not good if it breaks out of the green support line.
please note.
*Red finger movement path
Long position strategy
1. $34615.5 long position entry zone / stop loss when breaking out of the green support line
2. $35296.5 long position 1st target -> Top section 2nd target after tomorrow
If the green support line breaks out after 9 p.m.
Bottom section -> It can be pushed up to $33575.
please note.
Please use my analysis simply as a reference.
In long and short positions
I hope you operate safely with principled trading/stop loss required.
thank you
Bitcoin bybit chart analysis November 6Hello
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Bitcoin 30-minute chart.
There are no important indicator announcements today.
There is a strong upward trend and there are no problems with the signal.
*It is a two-way neutral strategy when using the light blue finger movement path.
Long -> Short -> Long switching strategy
1. $35,235 long position entry zone / stop loss when breaking out of the green support line
2. $36,411 long position primary target -> Top section secondary target
Short position switching period depending on overshooting / Stop loss when breaking the bright sky blue resistance line
3. Long position switching at $34914.5 / Stop loss when breaking out of the light blue support line
Nasdaq's movements are suspicious for it to rise like this.
There are some uncomfortable parts, so the strategy is to whipsaw according to the conditions.
(Whipsaw)
At the bottom is the $34615.5 gap created last week.
Depending on the movements of Nasdaq, extreme sideways trading may occur.
In the case of a small whipsaw, at the red resistance line
It can come down strongly, so pay attention to sideways markets and small waves.
Please use my analysis as a reference only.
I hope you operate safely with principled trading/stop loss required.
thank you
Optimism Trade Idea Optimism 1D Update:
- Op has been consolidating in the same zone for 2 months.
- Price action looks contracted in a range
- The overall market scenario looks bullish
- Op currently is sitting on the verge of a strong breakout
- Accumulation Zone - 1.35-1.4$
- Targets - 1.8$ - 2.6$
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How important is option chain analysis?
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Bitcoin bybit chart analysis November 2Hello
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Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement in a little while at 9:30.
There are no particular danger signs
Because the positive luck in the 30-minute chart and 1-hour chart is thin,
You can play around with the bounce of the lower tail of the candle.
*Red arrow movement path
One-way long position strategy
1. $35,286 long position entry zone / stop loss when breaking out of the orange support line
2. $36878.5 long position 1st target -> Great section 2nd target
Because there is a possibility of sideways movement today.
If Bitcoin does not break out of the green support line
I think it would be a good idea to focus on minor altcoins.
My analysis up to this point is simply for reference and use only.
6 principles of trading / Stop loss is essential and safe
I hope you run it
thank you
Bitcoin bybit chart analysis November 1
Hello
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Bitcoin 30-minute chart
It is a one-way short position strategy.
There is an announcement on US interest rates at 3 am today.
We implemented a strategy based on the overall pattern and Nasdaq movements.
Because the MACD deadcross on the daily chart is depressed.
Depending on today's rebound, there may be a further decline after tomorrow.
Please check the main time zones.
*Sky blue finger movement path
Short -> Long switching strategy
1. $34433.5 short position entry zone / stop loss when the orange resistance line is broken
2. Long position switching at $33,849 / Stop loss when breaking out of the light blue support line
Because there is a possibility of sideways movement today
I set my stop loss with plenty of room to spare.
If the purple support line is maintained, it is likely to rise to the top.
The green support line indicated
When the Bollinger Band 4-hour chart support line is reached
Depending on the rebound, a sideways market or strategy may be successful.
There will be a sideways market today,
Light blue finger long position switching section timing
Please note that miscellaneous altcoin circulation pumping may occur.
Please note that my analysis is merely for reference.
6 principles of trading / stop loss is essential to operate safely.
thank you
Bitcoin bybit chart analysis October 31
Hello
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Bitcoin 30-minute chart.
There is an indicator announcement at 11pm tonight.
Yesterday there was a sideways market, but I will continue with my perspective.
Whipsaw, a strategy centered on short positions.
*Sky blue finger movement path
Long -> Short -> Long switching strategy
1. Long chasing $34430 / Stop loss when breaking out of the green support line
2. $36032.5 short position entry zone / stop loss when the bright sky blue resistance line is broken
3. Long position switching at $33849 / Stop loss when breaking out of the light blue support line
The shape of the 12-hour bar resistance line that is created after a while.
According to the Nasdaq flow, only up to the “Whipsaw Line” indicated at the top.
Please note that touching can result in strong adjustments.
Movement within the red resistance line/purple support line
It is a extreme sideways market.
Also, Whipsaw is a large plunge that occurs within a short period of time.
My analysis up to this point is simply for reference and use only.
I hope you operate safely with principled trading/stop loss required.
thank you
Bitcoin bybit chart analysis October 30
Hello
It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
There are no important indicator announcements today.
At the bottom, a gap of $33,849 was created last week.
*Red arrow movement path
It is a one-way short position strategy.
To be precise, it is a long -> short -> long switching strategy.
Since it is unlikely that all movements will be correct today,
Please be sure to use this as a reference only.
1. Chase buy at $34471.5 / Stop loss when the green support line is broken
2. $35620.5 long position primary target -> Old Gap2 secondary target
Short position switching / stop loss when brightly colored resistance line is broken
I was aiming for the upper tail short entry section.
If it ends in the top section, a sideways upward trend is expected.
3. Long position switching at $33715 / stop loss when the deep blue support line breaks away
Please note that my analysis up to this point is merely for reference.
In the case of the green support line,
Because it intersects with the main center line
From a long position perspective, it is most important not to break away.
Until here, don’t forget the principle trading/stop loss required.
I hope you operate safely.
thank you
Bitcoin bybit chart analysis October 27
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,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
It is a one-way neutral strategy.
There is a Nasdaq indicator announcement at 9:30 tonight.
Overall, I bet on a sideways market.
Instead, there may be many variables today.
Please check the analysis carefully.
*Red arrow movement path
It is a two-way neutral strategy.
Long -> Short -> Long switching strategy
1. $34135.5 long position entry zone / stop loss when breaking out of the green support line
2. $34556.5 long position 1st target -> Top section 2nd target
Depending on real-time movement,
Short at the orange resistance line / Stop loss when the orange resistance line is broken
When reaching the top section, go long at the purple support line.
After breaking through the red resistance line,
When an upward trend is connected
In the Whipsaw section and OldGap2 at the top until dawn.
Be careful because a strong plunge may occur. (Whipsaw)
3. Long position switching at $33,931 / Stop loss when the green support line is broken
The current position is a section where the 5-minute trend reversal was successful.
If you adjust right away, pay attention to the light blue finger movement.
Although it is two-way
I focused on the red finger movement path.
The results will also be processed according to the red finger.
Please note that my analysis is merely for reference.
I hope you operate safely with principled trading/stop loss required.
Thank you for your hard work this week.
thank you
Fantom USDT - Fantom is managed by the best DE-FI developer Andre Cronje.
- Fantom has a solid ecosystem.
- Bear Run made it look very gloomy.
- The next Bull Run will be interesting for Fantom.
- In my opinion, Fantom has a straight short-term swing target of 0.33-0.38$ which depicts an upsurge of 42-50%.
- Do not get carried away by the returns and potential left inside this with a narrow view, the Crypto market is highly volatile so always be prepared for the worst as well.
- Enter this swing or accumulate this for the long term only with a view of 6-12 months in order to gain fantastic returns.
- Not Financial Advice, always research more about the same on Coinmarketcap.
- Stay Safe and follow me for Crypto, Stocks, Forex, and Commodities updates.
- #BTC #crypto #Trading signals
BTCUSDT ( 5% CORRECTION TOWARDS $33000 )Bitcoin looks like it wants to pull back before advancing higher!
CRYPTOCAP:BTC appears to have formed an ascending triangle on the hourly chart. As #BTC
trades below the hypotenuse, the odds increase for a 5% correction toward $33,000.
#bitcoin #cryptocurrency #ethereum #blockchain #priceaction #technicalanalysis #onchain #btc #usdt #pull #analysis #linkedinmembers #investor #trader #TRADEWITH_RITIK
Bitcoin bybit chart analysis October 26Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement today at 9:30 and 11:00.
*Sky blue finger movement path
It is a short->long switching two-way neutral strategy.
1. Short position entry zone of $34596 / Stop loss when the orange resistance line is broken
(If you miss the short entry position, you can wait long at the bottom entry section.)
2. $33745.5 long position switching section / stop loss when breaking out of the light blue support line
3. $34872 long position primary target -> Old Gap2 section secondary target
After breaking the orange resistance line at the current position
In case of successful rebound without breaking away from the purple support line
At the red resistance line or Old Gap2 section
Be careful because whipsaws may appear.
The 6-hour chart MACD deadcross is in progress.
Depending on the movement in the green support line rebound zone
The upward trend may be maintained again.
My analysis up to this point is simply for reference and use only.
6 principles of trading / I hope you operate safely with stop loss required.
Thanks for reading.