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#BTC 🟢 M15 LONG (Bitcoin). Long awaited failure 📣For more than one week, Sellers have been gaining selling positions... Although they haven't reached the main selling zone 32k. But there was an impressive sale .. and at the same time, grandiose discounts for 26.2K, who didn’t have time - he didn’t have time) On the retest of the M15 imbalance near our D1 Buy Zone, we expect a hike up and a breakout of the long-awaited level of 31K. Entry price below market opening price.(✔️) M15 imbalance at the potential of the D1 range.(✔️) Below the First Buyer of Exchange Options.(✔️) According to CFTC futures reports, SHORTS prevail so far. 12851/14261 .(⚠️) input: 26560 (on test/retest) sl: 26223 tp1: 26898 tp2: 27566
BITSTAMP:BTCUSDLong
by TrEKone
#BTC 🟢 M15 Buy (Bitcoin). ImbalanceI planned to open buy positions near the lower border of the H1 range (30K). But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market. The price was below the market opening. (✔️) The price was below the level of the First Buyer of exchange options. (✔️) The price was at the lower boundary of the H1 range. (✔️) M15 imbalance. (✔️) Second target above H1 range (⚠️) input: 30435 (input on imbalance test) stop: 30175 tp-1: 30697 tp-2: 31221
BITSTAMP:BTCUSDLong
by TrEKone
BITCOIN is about to BOOM! Tap to check my analysis!Hello traders, Welcome to my page. Here is a quick analysis of Bitcoin where I will be sharing why Bitcoin is about to boom! On a daily time frame, I have observed a couple of indications for the same- a) After falling 55% from its recent high, we can see a clear base formation (accumulation) happening in it. We can further check this through the volume profile. Hence, we have a confirmation here. b) When we analyse the Relative Strength Index (RSI) (It is a momentum indicator), we also see that the price is making a lower low, while RSI is making a higher low; which suggests that the price is falling but with a low momentum. c) Finally, after the huge fall, bitcoin has managed to cross its 50 EMA and also gave a retest. Considering all the above observations, I have come to a conclusion that BITCOIN is looking good to go LONG. 1st Target: 60100 (Partial profit booking) Stop loss: 36650 Although, I will be trailing my position and if the market supports, then we will be seeing a new high i.e. Bitcoin moving above 65000 mark! If you gained some knowledge from my analysis, then please like my post. Also, if you have any query, then please drop a comment, I will be more than happy to respond. Regards, Keshaw H. Agarwalla
Long
by Keshaw_Agarwalla