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
Bitcointrading
Bitcoin Next Target 107,000 USD, Expected Trendline Breakout Bitcoin definitely going to reach the Trendline, so the Target is around 107,000 USD or more. And Expected Breakout above the Trendline.
I want to help People Make Profit all over the World.
My Bitcoin Navigation :
1. Reached 0.5 Fibonacci Retracement.
2. Breakout the Channel Pattern.
3. Reached Channel Top Target.
Will we get Breakout this time in Bitcoin?Hello Everyone i hope you all will be doing good. From now i will always gonna to be put my analysis on Cryptos as well. Today i have brought analysis on Bitcoin. Right now BTC is trading at very important resistance zone, this time possibility is very high for breakout. if you check weekly analysis, you will get that price is forming vcp kind of pattern and it seems we have reached in that area where prices can give breakout and price should move very heavily for upside. Any breakout in Btc can take it towards 80k+ and finally it can find resistance at 84k..
I already have written this on chart but pasting it here as well for reference.
(Higher Probability for breakout
this time. But i think everyone
should wait for perfect level to get
long entry. on 7th june btcusdt has
made high at 71997, i think we should
wait to surpass this level for more
confirmation. In case of breakout and
good entry then 67500 can be best stop
Loss, for short term, and 64665 can be
best stop loss for medium term to long term.)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Bitcoin Strategy: Cup & Handle, Flag Pole, Parallel ChannelIf you're aiming to maximize gains using multiple setups across different timeframes, this strategy combines three powerful patterns: the Weekly Cup & Handle, Flag Pole, and Daily Parallel Channel. Here’s how to execute this structured approach for optimal entry, exit, and profit potential.
Weekly Cup & Handle
Timeframe: November 15, 2021 – October 14, 2024
Breakout: Achieved on October 14, 2024
Target: 82,000 (same as the Flag Pole)
The breakout from this long-term Cup & Handle pattern suggests strong bullish momentum and a solid foundation for long-term gains. This setup aligns with the target and stop-loss criteria from the Flag Pole pattern for a consistent strategy.
Weekly Flag Pole Pattern
Timeframe: October 16, 2023 – March 11, 2024
Target: 1 lakh
Stop Loss (SL): 66,000 (below the last swing low)
The weekly Flag Pole pattern reinforces the Cup & Handle trend, providing a shorter-term opportunity within the larger uptrend. Enter in tranches to capture initial momentum and add on pullbacks.
Daily Parallel Channel
Timeframe: March 5, 2024 – October 18, 2024
Breakout: October 18, 2024 (retest completed)
The breakout and retest of the daily Parallel Channel on October 18 offer a shorter-term entry point. Targeting 1 lakh on this setup aligns with the long-term patterns, with Target 1 at 82,000 and Target 2 at 1 lakh.
Execution Strategy
Enter in Tranches: Start your position now and add on each pullback.
Confirm Pullbacks: Look for a reversal on the daily candlestick pattern after each pullback.
Manage Risk: Keep the SL at 66,000, set below the last swing low, to protect your capital.
Summary of Targets
Target 1: 82,000 (aligned with Cup & Handle and Flag Pole)
Target 2: 1 lakh (Parallel Channel breakout)
By combining these setups, you capture both long-term and short-term price movements, maximizing your potential for profit while managing risk effectively.
A decending triangle patterns showing on BITCOIN with 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❤️
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 with 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❤️
BTCUSD LIVE ANALYSIS & PREDICTION - BITCOIN PRICE ACTION 11 AUGBtc is looking bearish on 1 hour timeframe.
But without confirmation my overview will be incomplete. I will wait for confirmation.
Confirmation will be - Price should test the support and should not test it's previous resistance.
Volume will also give Confirmation so keep eyes on volume
Support break is expected and price should reach to its previous support.
BTC Prediction and analysis LIVE 6 Aug 2024BTC is creating a major retracement of selling trend, so for short period my overview is bullish.
price trying to test its previous major resistance, So for me Buying after a Dip will be high probability.
Although price will show confirmations of buyers strength on chart.
Disclaimer: Any of my posts should not be considered as a Buy/ Sell/Hold recommendation. This analysis is for educational and learning purpose only.
I always recommend using Stop Loss and following risk management rules.
BITCOIN SETUP TRADE WIH 1:5 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:10 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good buying setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good buying setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BEAR MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a fall due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram