BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Bitcoinidea
Bitcoin Reached Target, Achieved Profit of +50% ROI, Woo Hoo#BTC For those looking to Book Profit in Bitcoin, now is the right time, as Bitcoin Reached the Target of Top of the Channel Pattern. GOAT moment (Greatest of All Time) in my Bitcoin Analysis, Achieved +50% ROI.
Bitcoin Analysis Chart 2 :
Bitcoin Analysis Chart 3 :
1. In the first image, Bitcoin is approaching a Breakout of the Trendline. If a Breakout occurs, Bitcoin is expected to reach the 0.5 Fibonacci level, then continue its uptrend and eventually break above the Channel Pattern.
2. In the second image, Bitcoin has reached the 0.5 Fibonacci level, and the market has continued its uptrend as anticipated above.
3. Bitcoin Breakout the Channel Pattern.
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Bitcoin Weekly TA & Commentary- Bitcoin is currently trading at 79,446$
- Bitcoin has printed a new All Time High today and we can expect this rally to continue until 84,120$ or 89,333$
- Bitcoin is currently carrying a huge parabolic momentum where we can expect large expansions and retractions this week
- From an accumulation perspective you should wait for dip and the point of interest lies at 70,000$ and 73.5k, if you see 70k getting breached then we can see 66,000 coming in play
- If you are already holding Bitcoin and confused where to lock in partials then you can watchout these 2 zones
- 84,120$
- 89,333$
- Lock in partials to roll over the same money in dips to either add BTC or Alts its upto you
BTCUSD SHOWING A GOOD UP MOVE WITH 1:6 RISK REWARDBTCUSD SHOWING A GOOD
UP MOVE WITH 1:6 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Bitcoin 1D Technical Analysis & Commentary - Bitcoin is currently trading at 66,855
- Bitcoin purged above 69,000$ for the first time after 3months
- Now let's talk about the Price Behaviour of Bitcoin, if you look at the daily chart of Bitcoin you see the Highs are making higher highs and the lows are also making higher lows
- Market Structure has so far remained bullish
- The market structure will shift to bearish once we see Bitcoin trading below 58,805 on a weekly timeframe
- I see a couple of Fair Value Gaps around 63,462,64,000$ and 60,771-61,806$
- Imo these FVGs can soon get filled and according to the data buyers carry a lot of interest around 65,000$
- So what does this unfold? Bitcoin can make a quick wick followed by a sudden dump consume all limit buys and liquidate all late longs post that show us an expansionary move by filling the gaps and making a new high this time.
- For Spot buyers you should be focusing on 61-65k that zone will be good to accumulate alts majors or any other coin you want
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
GOLDEN OPPURTINITY FOR BITCON INVESTORS BIG BREAKOUT COMEINGGOLDEN OPPURTINITY FOR BITCON INVESTORS BIG BREAKOUT COMEING
BITCON SHOWING A GOOD UP MOVE WITH BIG BREAKOUT SINARIO
DUE TO THESE REASON
A. its following a ACCENDING triangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this pattern neckline it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
D. rapid increaseing in volume shows that buyes are showing intrest to buy
so it will be a life changeing oppurtinity for investors
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BitCoin: A new Move about to start.BitCoin has been consolidated for the last 6-8 months in a channel shown in the graph.
As per prediction it is about to break that range and will move towards new and higher highs.
As per the chart and pattern structure in this current move it can go up to 100K easily and more above levels will be unlocked after that
SL must be 56k.
Targets 100k - 120k
Time range 8-10 months
it does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial advisor before carrying out specific transactions and investments.
Bitcoin is headed to 52000? Most probably YES!Symbol - BTCUSD
CMP - 63017
The recent swings in BTC confirms the bearish market structure. After the 59K retest, the price rallies 7%. There is no technical or fundamental explanation for this price behavior - 6K down, 4K up, 5K down, 4K up within just 12-15 days.
Bitcoin is still trading within a sideways range of 65K - 52K. The last resistance retest ended in a false breakdown and a price drop of 11% to 59K. Also, the local change of the market character (price confirms the downtrend) to bearish and formation of the downtrend channel. Emphasis on resistance 63400, 64130, 65000, possible retest or false breakdown followed by downside realization as we still have not reached the key liquidity zones.
Important Resistance Levels as of now : 63400, 64130
Important Support Levels as of now : 61320, 59000
The price is testing the resistance zone as part of the rally. There is no accumulation or technical potential to overcome this area for further growth. Within the bearish trend, the buyer does not show dominant signs and with high probability it will be stopped in the key zone. A reversal and decline to the lower zone of the sideways range is possible.
P.S. : My short position is open & I will add more position at mentioned resistance levels. Targets for this short position will be 57800 & 52500.
BTCUSD SHOWING A GOOD UP MOVE WITH 1:6 RISK REWARDBTCUSD SHOWING A GOOD D
UP MOVE WITH 1:6 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Bitcoin 1D Swing Trade Setup- Bitcoin is currently trading at 62,826$
- Bitcoin showed us an impulsive move yesterday where we saw BTC jumping from 59-63k straight
- Bitcoin in this impulsive move had made a Fair Value Gap on a daily chart
- For a Market Structure shift BTC needs to flip and make a weekly close above 66,598$
- If you are looking to build less leveraged longs then focus at 61,354$
- Market Structure will flip bearish once we see a weekly close below 58,000$
- If we look at the lows made recently BTC is still intact with a lower high structure the lows are also getting bought back impulsively
- Manage risk properly that's the ultimate mantra
A decending triangle patterns showing on BITCOIN 1:10 RRA decending triangle patterns showing on BITCOIN
A short term 15m tradeing setup showing on BITCOIN
Selling setup
With a risk reward ratio of 1:10
The setup giving clarity to selling because in longterm it's a Down TREND
Also in a pick top lable
And forming a DOWN setup
So according to the combine results of
15minit 1hour and daily chat
And the short term setup
All are of them indicating the same SELLING SETUP
Also cryptocurrencies are follows priseaction in a good way
Follow for more please don't use more than one percentage of your capital
Follows risk reward
Tradeing rules
And be deceplened
Try to be a better trader
Love you all❤️
Bitcoin Swing Long Update - Bitcoin is currently trading at 62,777$
- Bitcoin followed my path and filled the Fair Value Gap
- Bitcoin didn't shift its Market Structure as well and we are still Bullish unless we see a weekly close below 57,500$
- Bitcoin can easily shoot up to 64,000$ first and then we might see a small retracement that can induce BTC a little and post that we might see Bitcoin mitigating 69,000$ soon
- On the other side, we have a War ongoing and the Economic Data also came in good for the US so the flows into USD increased and this also led to the DXY pumping hard
- However, at the same time US Indexes jumped as well so this week will be very important for the overall market and how the war unfolds.
Bitcoin Swing Long Update & Levels- Bitcoin is currently trading at 61,739$
- Bitcoin has filled my Fair Value Gap, I want to see the reaction and its behavior after this
- We can see a Market Structure shift below 57,500 if we witness a weekly candle below that and the structure is going to turn bearish
- Watch out for Spot Accumulation around 58,000-60,000$
- Bitcoin can move impulsively from here as well if the War news gets digested and we see markets bouncing back by next week
- The first 2 weeks have always been bearish for the overall crypto market so we need to factor in the same.
Bitcoin 4H Swing Update Bitcoin is currently trading at 62,836
- Bitcoin needs to flip and close above 65,213$ to flip bullish and discover new prices
- On the downside, we can soon see 61,300$ getting tested before we move further impulsively
- Bitcoin followed my old path exactly the way I had predicted it to follow
- Majorly Twitter and a lot of social media outlets were bullish when BTC was trading below 58,000 and that's where accumulation was witnessed and shorts got trapped
- Learning: In order to make money in Spot from the crypto market you need to stop doing what the 99% does in order to succeed and then only you will make extravagant money, Q4 & Q1 has always been bullish for crypto according to Seasonality
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Bitcoin Worst Case Scenario Setup Update - Bitcoin is currently trading at 53,442$
- Bitcoin followed my 1st path and the second path might be followed too
- Bitcoin has only been making lower lows and higher lows which signifies a bearish trend
- Overall Price trend is bearish we need a Market Structure shift above 62,000$ to flip the trend and get bullish again
- Be cautious and avoid leverage and adding longs and short for now before you see a clear trend
- Spot buying is fine but at the same time prefer to sit on hands
Bitcoin Worst Case Scenario Setup - Bitcoin is currently trading at 59000$ and we have the August monthly closing tomorrow
- Bitcoin has a Fair Value Gap ranging from 62,500-61,000$
- Bitcoin is currently chopping getting distributed and then showing small recoveries which has changed BTC's trend to bearish more HL HL followed with LL LL
- To flip the current trend we need a strong weekly closing above 67,000$ first
- I have drawn 2 bearish paths which happens to be best possible scenario for BTC, I am being practical and not blindly bullish over Bitcoin
- In trading, you have to consider a lot of uncertainties or else you get thrown out of the market so yes 51-54,000$ will be an important accumulation and longing zone for me to track BTC
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
A decending triangle patterns showing on BITCOIN A decending triangle patterns showing on BITCOIN
A short term 15m tradeing setup showing on BITCOIN
Selling setup
With a risk reward ratio of 1:10
The setup giving clarity to selling because in longterm it's a Down TREND
Also in a pick top lable
And forming a DOWN setup
So according to the combine results of
15minit 1hour and daily chat
And the short term setup
All are of them indicating the same SELLING SETUP
Also cryptocurrencies are follows priseaction in a good way
Follow for more please don't use more than one percentage of your capital
Follows risk reward
Tradeing rules
And be deceplened
Try to be a better trader
Love you all❤️
Bitcoin Bull Run Setup - Bitcoin has been chopping in a range for 3 months now where we saw this Bitcoin Volatility slaughtering alts to the base
- Bitcoin is quite near to closing its monthly candle close now and it will be very important to see how Bitcoin closes its August candle
- September will make the end of the 3rd quarter and the start of the first FED rate cut too.
- Rate cut reaction from global markets and all asset classes except crypto was quite impulsive and bullish but we saw crypto moving down more due to some FUD or the other
- Now before the US elections I am expecting Crypto to rally hard, especially in October we can expect the whole market to outperform and especially some cryptos to breach ALL TIME HIGHS
- I am anticipating Bitcoin above 75,000$ in the month of October so if you are already holding Bitcoin its better you hold it
- If you are planning to add BTC to your spot wallet then add 50% size here 62-64k and the rest 50% below 58k