Bitcointrend
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 IS READY TO FALL 50K❗❗❗❗Price will likely to reach 52 to 50 in one or two weeks.
Price already takes the buyside liquidity.
Last 3 to 4 days it's been dropping slowly with accumulating orders to short.
It's my prediction maybe it will not happen.
Learn to analysis by yourself is better for you.
Peace.
BITCOIN SHORT❗DANGER AHEAD❌it's the perfect time to look for SHORT.
I am telling you purely on technical analysis.
May be gold continue up for sometime.
Halving is coming for BTC,but bankers buying the gold.
Because there is a confusion with the fed rate cuts, uncertainty become resilient.
So bankers go with gold to avoid impact near future( note the word).
SOMETHING IS COMING!!!!!
whats will happen if btc follow fib level of 0.5-0.6 then?whats will happen if btc follow fib level of 0.5-0.6 then market will be to the moon or to the ground as you can see #btc on weekly time frame as you can see on chart.......if any things or event is not bad for crypto market so bullish market take place and market to the moon is possible......
Bitcoin consolidating after a drop.Bitcoin for last 10 day is being consolidating after a nice fall of 10%.
The coin is consolidating in a range of 1% and there can be a nice move one it breaks the consolidation zone.
On the weekly charts, it is taking support from the 200 ema i.e. 25670 and has retested after testing the levels.
Even on the daily charts, there is also a bearish moving averages cross over and its trading below it. There might be a retest as there is a huge imbalance created.
For the intraday trades. The coin is trading around the 20 ema, on the hourly charts, and below the 200 ema.
The volumes are high when there is a fall and a reduction in the up move.
There is volatility which no giving a clear view in this range.
Let the coin give break out or break down of the levels and trades should be initiated accordingly.
Support :- 25860, 25670
Resistance :- 26185, 26500
Wait for the price action near the levels before entering a trade.
BTCUSDT SHORT 15 MIN ENTRY @3025
SL @30353
TGT@30010, 29800, 29540 +
After a SL in long entry previously I have taken a short position as per my setup post retest and a breakdown of support. There is also a bearish crossover and it is below 0 level so let us see if this takes a SL or target. There is no shame in taking SL for me as I know my setup gives me a 1:5+ ratio in trades so I do not mind taking SL 5-10 times straight. I tried taking trades on 5 min they work on BTC but now as 15 min or 1 hour. So from next time I will try to trade only on 15 min min frame ignoring shorter frame of 5 or less in Bitcoin.
BITCOIN BULLISH STRUCTURE 1 HOUR This is BTCUDT 1 hour frame long position. As per my setup it has given a long entry breaking previous swing high and now that is acting as support. Targets are marked with yellow lines upside. The structure is simple with finding Demand & supply zone. I always prefer horizontal support as I do not find trendline useful my style of trading. The RR is always 1:5 + in every trade I take.
BITCOIN USDTTime frame 1 hour, going long at support where as the risk is low like every other trade as per my setup. There were multiple thoughts before entry if I should enter or not. I am sure this happens with many novice trades like me but to be in a league of professional we've got to enter a trade as per our own trade setup without a second thought. If there is a trade plan execute, post entry there is either SL or Target but what nobody teaches us in any course or book that it what is outside the chart that is required is PATIENCE, EXECUTION, PSYCHOLOGY, PRACTICE.
WAIT & HUNT
Bitcoin BTC on the way to $1 millionThis chart shows the historical price of BTC relative to the 'Bitcoin halving' which happens every 4 years. The halving event creates a supply shock as the issuance of Bitcoin to minders is cut in half. The next halving is scheduled around April, 2024 where BTC issuance will be cut from 6.25 BTC every 10 minutes to 3.125 BTC. Reference the law of supply and demand. When will Bitcoin hit $1 million?
BITCOIN is Ready for Another Fall below 29700BITCOIN (BTC) is indicating another 7-10% fall towards 29700-28800 from around 31870-32170 Range.
Possibility will get negated if BTC closes a complete 5 minutes candle above 32170.
This Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.
BITCOIN in USD pair forming an Asymmetrical Triangle Pattern (Breakdown expected) Bitcoin is at a crucial stage. There is high selling pressure at 49K, even if it broke above there are even more sellers at 51K. So, BTC needs to fight hard and we are surely here in this range for some more time. Give a LIKE if you agree