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Bitcoinlong

Bitcoin consolidating in a wedge pattern.Bitcoin on the daily time frame has been consolidating in a range and is taking support around its 20 DMA. On the weekly analysis, the moving averages are getting close enough but the price is below both 20 and 200 ema. The coin price is around its hourly 20 ema and its taking a support from it. The coin is forming a rising wedge pattern on daily time frame. Once the pattern gives a break out, bitcoin can give nice targets on both side. Watch for the price action before trading the setup. Support and resistance levels are mentioned in the chart itself.
BITSTAMP:BTCUSD
by Mambotrade
Bitcoin Analysis !! #Bitcoin📈 Bitcoin 📉 It has broken out from downtrending trend zone and given first signs of forming higher high higher low. Started forming up upside trending trend zone (this zone is yet to be tested to be strong support zone). Immediate Upside resistance is at 46000 levels. Have to watch how price behave around these levels. My Personal view :- Price should face rejection at 46000 levels and fall down till 40000 level then again rise up to around 51000 levels. Rest I have drawn complete analysis with possible support and resistance zones.
Long
by ShelendrAgrawal
Bitcoin Trading Plan for 6-7 FebMy view on Bitcoin today is extremely bullish however I am prepared for an extremely good move on either side - which I am confident will be caught by my system. Here's what it looks like. In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone". If Bitcoin's price crosses the top-most price level, we will be looking for long opportunities and if Bitcoin's price crosses the bottom-most price level, we will be looking for short opportunities. Entry criteria: Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level. Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level. Stop Loss criteria: Risk: 2% of capital of per trade. Bullish case: Just below the second price level from the top. Bearish case: Just above the second price level from the bottom. Take profit criteria: I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case). I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . Both of these alternative systems have also been profitable. Please note the given zones are valid only until the end of the day. Any open positions must be closed by 05:25 AM IST which is around when the day is about to end in the cryptocurrency markets. The mentioned zones will become irrelevant post that. Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset.
BLong
by abhineetramjiwal
Bitcoin 70000- 75000- ... ???? After nice breakout, the price managed to breakout through the median of the pitchfork which is the golden line the green lines are following pitchfork acting as support and resistance on higher time frame the greenish zone is the 4h halting zone is the price breaks the golden line it is consolidating and forming triangle pattern not gonna go short the trend is up but this looks like a pullback or buildup, profit booking from previous trend buyers long is the price get rejections from golden line with strong bullish candle can trade after the breakout of triangle pattern the full range of pitchfork ive drawn has indicated max 77500 levels but with some slight pullbacks and corrections
Long
by Jimmy_Rebello
1
BTCUSD LONG SETUPBTCUSD looks strong on the upside. The chart first formed a strong support with TDI diversions. Followed by the first leg of up move. We are watching some resistance because of the trend line firstly and secondly this area has acted to be a resistance zone earlier too, hence 55000 is an important zone. Now two trades are possible- Case 1- Breakout- If it breakout above 55300 then it is a good buy. Case 2- We can see a pullback and if it takes support on the trend line then we can add long position. In both the cases, a strong up move is expected which can take it to 57000 followed by 60,000 levels.
BITSTAMP:BTCUSDLong
by Siddharth_Ruhil
BTCUSD POTENTIAL BREAKOUTSince we have 2 phases of the upward move and forming ascending triangle pattern in the 15 min time frame, we can expect that it can give a big breakout from levels of 49000-51000 levels. The market can enter into a long long uptrend phase with some frequent minor correction and it can sustain the uptrend till 55000 levels followed by 58000. Happy Trading. :-) Note - This idea is only for educational purposes and the application of the idea provided here in your own trading is dependent on you and any loss caused by that is totally your responsibility. The author is not liable for any loss/damages that happened to any party.
BITSTAMP:BTCUSDLong
by TraderParth
2
Elon Wants Your Bitcoins !! 😵️😲️As we have seen in the past after buying the bitcoin by the Warren Buffet , The BTC dump heavily. These wealthy people want your bitcoin , DOn't make them fool again. First they create the news then they dump on retail trader. As market dump down, they start buying again. History is repeating again. Don't let them fool us again and again. Sell your bitcoins now and Buy at 12K. 12K is the support zone from where the Elon will Buy again. Yes bitcoin will go to moon but every market go through the cycle. And this BTC will fall hard to 12K. Don't leverage trade now. Don't just blindly Go Buy bitcoin. Hodl from the position of Strength. Trade also from Position of strength. We and our clients are already shorted bitcoin as we have provided our Free Pro call to you. For more info contact us.
Long
by PatelsBro
Why So Serious !!! Journey Toward 12k has started but we were already into cash and we have shorted the market at the right time. Bitcoin is doing what we have predicted. This Is The Golden Time That We All Are Waiting For. The last opportunity of the decade. Within in a one month Last Golden Opportunity awaits to get ultra Rich. This Bitcoin cycle is special and Powerful than previous cycle, Because now Many Billionaire, Millionaire and Many of Big Business are into the Bitcoin . Plus We have so much Uncertain into the market. Covid-19, Fear of USD collapse, Trade war, Monetary Shift, Unsustainable stocks prices, Unsustainable Real Estate market, Biggest of all Job Crises Etc. Smart money is spooked by this uncertainty and loading their wealth into the Crypto Space. Not only We have made money into the last 2017 cycle and successfully Sold at highs as well as we have shorted the market 12k to 4K successfully. Even we were into with leverage at march low, our clients and we had tremendous Wealth. Don't loose your hard earn money by day trading. Now this its coming , the last opportunity to ride the bull-run with the leverage and riding this ultra super cycle we are foresee. For more info contact us for Pro tips.
Long
by PatelsBro
6
Bitcoin to the Moon !!!We have converted all our Bitcoin into cash !!! It doesn't mean that bitcoin will go to zero. As we can see in the chart that prices are over extended and multiple fear and greed index now at Extrema Greed. Prices will correct about the support level 11.6k to 12k and then it will Moon Again. This will be healthy correction for prices to stay bullish, to shake out the novice traders. As we will recognize some bullish setup around the support level we will go long on bitcoin as well as we will trade it with leverage.
Long
by PatelsBro
HUUUUUGE Warning !! 😣😲As we consider the money printing than the new all time high of bitcoin will be 27k to 29k Range. Bitcoin will likely to crash upto 60% at the range of 9k to 11K ( Reload Zone) In addition to that we are observing this strange pattern when the prices mooning consequences three month. 2nd candle is bigger than 1st.3rd candle is bigger than 2nd candle. As the bitcoin complete the month of bull run, it crash to Reload zone. So its nice opportunity to buy some more Bitcoin 😁 To the Moon 🌙
Long
by UnknownUnicorn3756651