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Bitcointrading

BITCOIN triangle breakout was expected 64k will be next targetBITCOIN The recent bullish trend has given a strong confidence in crypto investment. Bitcoin has managed to break the 60k level and felled back again below 60k level Currently it was trading below the 59k level.At this level we can see a consolidation phase for the past 3 days soon we can expect a breakout here. I have identified one triangle formation here which is a clear sign of upcoming breakout on either side.On downside 50% Fibonacci will hold BTC in remain in Bullish territory while writing this analysis the price is just above the 61.8% Fibonacci level this will also provide support for bullish trend. The 50,100,200 Exponential moving averages was acting as support for bull.Ichimoku cloud is still green and proving cloud support.Bollinger band was slowly constricting a but which is a sign of either side breakout. RSI is well above 50 level,MACD is still green and the band was minor only. Stochastic has reached around 75(short term fall was expected) Trend line drawn from 11/03/2021 will act as dynamic support and resistance for both the bull and bear. 54K was acted as clear support for bull twice. We can buy while retracing towards 50.00% Fibonacci if we missed this chance we can also buy after clear break and retest. The possible upper side target was 64k. Trade call Buy @ 57500.00 Take profit @ 64000.00 Stop lose @ 57750.00
BITSTAMP:BTCUSDLong
by forexorbit
Two buy opportunities on this chart for NEOBTCMid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00173). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOBTC is in a 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 70. Take Profits: TP1= @ 0.00199 TP2= @ 0.00213 TP3= @ 0.00232 TP4= @ 0.00252 TP5= @ 0.00274 SL= Break below S2 --------------------------------------------------------------------------------------------------------------------- Short-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00180). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOBTC 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 73. Take Profits: TP1= @ 0.00199 TP2= @ 0.00205 TP3= @ 0.00228 TP4= @ 0.00245 TP5= @ 0.00273 SL= Break below S2 ❤️ 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
9
Two buy opportunities on this chart for LINKBTCMid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00110). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LINKBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. Take Profits: TP1= @ 0.00139 TP2= @ 0.00153 TP3= @ 0.00169 TP4= @ 0.01153 TP5= @ 0.01360 SL= Break below S2 --------------------------------------------------------------------------------------------------------------- Short-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00114). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LINKBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 52. Take Profits: TP1= @ 0.00129 TP2= @ 0.00139 TP3= @ 0.00153 TP4= @ 0.00169 TP5= @ 0.00192 SL= Break below S2 ❤️ 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
12
Don't miss the great buy opportunity in DASHBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00686). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DASHBTC 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 51. Take Profits: TP1= @ 0.00809 TP2= @ 0.00880 TP3= @ 0.00980 TP4= @ 0.01153 TP5= @ 0.01360 TP6= @ 0.01610 SL= Break below S2 ❤️ 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 ❤️
DLong
by ForecastCity_ME
2
BTCUSD Second Chance: Profit=76% SL=5% Reward/Risk > 15.2:1Second Chance Trade Setup summary: Profit targets=76% = {TP1= 6% + TP2= 8% + TP3= 11% + TP4= 16% + TP5= 20%} Stop Loss =5% Reward/Risk > 15.2 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (10004.00) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP1= @ 10628.00 TP2= @ 10841.00 TP3= @ 11124.00 TP4= @ 11632.00 TP5= @ 12050.00 -------------------------------------------------------------------------------------------------- First Buy Current Status: Total Profit: 10% Closed trade(s): 0% Profit Open trade(s): 10% Profit Trade Setup: We opened 5 BUY trade(s) @ 10004.00 based on 'previous Forecast' at 09.08.2020 : Open Profit: Open trade is 1024700 (current price) - 10004.00 (open price) = 2% 5 trade(s) still open, therefore total profit for open trade(s) is 2% x 5 = 10% 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 59. ❤️ 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
7
Don't miss the great buy opportunity in BTCUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (10004.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. Take Profits: TP1= @ 10628.00 TP2= @ 10841.00 TP3= @ 11124.00 TP4= @ 11632.00 TP5= @ 12050.00 SL= Break below S2 ❤️ 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
6