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Bitcoin-btcusd

💡BTCUSDT Second Chance: Profit=22% SL=7% Reward/Risk > 3.1:1Second Chance Trade Setup summary: Profit targets=22% = {TP3= 3% + TP4= 7% + TP5= 12%} Stop Loss = 7% Reward/Risk > 3.1 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (11111) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP3= @ 11442 TP4= @ 11886 TP5= @ 12468 SL= Break below 10840 -------------------------------------------------------------------------------------------------- Current Status of First Buy: Total Profit: 39% Closed trade(s): 21% Profit Open trade(s): 18% Profit Trade Setup: We opened 5 BUY trade(s) @ 10371.00 based on 'previous Forecast' at 2020.10.02: Closed Profit: TP1 @ 10840 touched at 2020.10.08 with 4% Profit. TP2 @ 11111 touched at 2020.10.09 with 7% Profit. TP3 @ 11442 touched at 2020.10.09 with 10% Profit. 4% + 7% + 10% = 21% Open Profit: Open trade is 11333.00(current price) - 10371.00(open price) = 9% 2 trade(s) still open, therefore total profit for open trade(s) is 9% x 2 = 18% Technical analysis: . BTCUSDT is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 71. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
Resistance Became Support | BitcoinIn my last post, I made the case that Bitcoin has found its bottom at the green support zone because of the following reasons: 1: Bitcoin has fallen 20% from the current peak to the support zone 2: The support zone was key resistance multiple times. The fact that it broke resistance is significant! 3: The 21 weekly ema was at the support zone. As we can see now, Bitcoin has made it out of its support zone. What this means is that Bitcoin has made its previous resistance new support and that the 21 weekly ema was also kept as support. This is extremely bullish! So what can we expect now? First of all, the previous consolidation area has to be breached before the price can really kick off a new rally. It is likely that in the next few days, the consolidation area will be hit. When that does happen, i'll make a new update. As of now, Bitcoin seems to be incredibly bullish.
BITSTAMP:BTCUSDLong
by VinanceYT
BTCUSD Update: Profit=622900 SL=94000 Reward/Risk > 6.6:1 Trade Setup summary: Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400) Stop Loss =94000 pip Reward/Risk > 6.6 : 1 Current Status: Total Profit: 272400 pip Closed trade(s): 272400 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 9285.00 touched at 2020.07.21 with 7300 pip Profit. TP2 @ 9384.00 touched at 2020.07.21 with 17200 pip Profit. TP3 @ 9475.00 touched at 2020.07.22 with 26300 pip Profit. TP4 @ 9712.00 touched at 2020.07.25 with 50000 pip Profit. TP5 @ 9900.00 touched at 2020.07.26 with 68800 pip Profit. TP6 @ 10240.0 touched at 2020.07.26 with 102800 pip Profit. 7300 + 17200 + 26300 + 50000 + 68800 + 102800 = 272400 Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (10856.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP1= @ 11420.0 TP2= @ 11700.0 TP3= @ 11985.0 TP4= @ 12334.0 TP5= @ 13070.0 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:BTCUSDLong
by ForecastCity_ME
13
BITCOIN - THE STORY UNFOLDS WEEKLY CHARTS R SAYING A LOT MORE , IF ONE CAN SEE , RSI is drawing the same pattern , as being developed in last peaks ...look at the two circled "M" kind of peaks on RSI . .. looks like its make or break fro #bitcoin pretty soon , most probably next 1 or 2 week , STOCHrsi on weekly is already peaking out , if bitcoin starts downward journey here , we will have a bearish divergence on weekly which will lead to bearish divergence on monthly timeframe too , that means a heavy correction can happen in next month or two . but before that i expect a sudden peak in very short term towards 10100, will wait to short there . - it's My trading plan .
BITFINEX:BTCUSDShort
by sachin81ksd
1
Bitcoin Bullish or Bearish ???Hi all !! Good day !! Hope you are doing well !! Bitcoin has formed two different patterns:- --------------------------------------------------------- 1. Ascending Triangle (Bullish) 2. Rising Wedge (Bearish) Bullish Points:- --------------------------------------------------------- 1. Formed Ascending Triangle 2. High Lows 3. Resistance 6.9k broken 4. Possible Bump & Run Breakout Bearish Points:- --------------------------------------------------------- 1. Formed Rising Wedge 2. Declining Volume 3. 50 Simple Moving Average Resistance 4. Bump & Run Resistance I'm waiting for the confirmation for breaking above the Bump & Run Resistance to be bullish or breaking below the uptrend support line to be bearish. I'm slightly inclining to the bearish side due to lack of volume. For more updates, follow me here . ~RPS~ Legal disclaimer: I am not a financial adviser. The advice here given is not a financial advice even though my excitement might make it look like such. When I say: "Buy/Sell now!" or "Do's and Don'ts" or something like that — it is my personal opinion. I do what I believe is right and at the end of the day I am just a person, not an expert. You trade at your own risk and nobody can guarantee you results. I post because I care.
BITSTAMP:BTCUSD
by praveensam001