Bitcoinusd
There is a great trading opportunity to buy in BTCUSD..Midterm Forecast:
While the price is above the support 4966.90, resumption of the uptrend is expected.
We make sure when the resistance at 8200.00 breaks.
If the support at 4966.90 is broken, the short-term forecast -resumption of the uptrend- will be invalid.
Technical analysis:
The RSI bounced from the support #1 at 26 and it prevented the price from more losses.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 44.
New Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (6000.00 to 5460.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (6000.00)
Ending of entry zone (5460.00)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
New Trade Setup:
We opened 12 BUY trade(s) @ 6118.08 based on 'Hammer' entry method at 2018.08.14.
Total Profit: 462720 pip
Closed trade(s): 0 pip Profit
Open trade(s): 462720 pip Profit
Open Profit:
Profit for one trade is 6503.68(current price) - 6118.08(open price) = 38560 pip
12 trade(s) still open, therefore total profit for open trade(s) is 38560 x 12 = 462720 pip
New Take Profits:
TP1= @ 6700.00
TP2= @ 7075.00
TP3= @ 7682.60
TP4= @ 8200.00
TP5= @ 8800.00
TP6= @ 9800.00
TP7= @ 11600.00
TP8= @ 12700.00
TP9= @ 14350.00
TP10= @ 17095.65
TP11= @ 19704.20
TP12= Free
Previous Trade Setup:
We opened 11 BUY trade(s) @ 6275.35 based on 'Trough (Valley)' entry method at 2018.07.15.
Total Profit: 224590 pip
Closed trade(s): 224590 pip Profit
Open trade(s): 0 pip Profit
Previous Closed Profit:
TP1 @ 6415.00 touched at 2018.07.16 with 13965 pip Profit.
TP2 @ 6974.35 touched at 2018.07.17 with 69900 pip Profit.
TP3 @ 7682.60 touched at 2018.07.23 with 140725 pip Profit.
13965 + 69900 + 140725 = 224590 pip
8 other break-even trades closed at entry price, therefore no profit no loss.
There is a trading opportunity to buy in BTCUSD..Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The RSI bounced from the support #1 at 26 and it prevented the price from more losses.
. The RSI downtrend #2 is broken, so the probability of resumption of uptrend is increased.
. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
. Relative strength index (RSI) is 44.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would resume.
. There is a possibility of temporary retracement to suggested support zone (6000 to 5460). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (6000)
Ending of entry zone (5460)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @6415.00
TP2= @6974.35
TP3= @7682.60
TP4= @8760.45
TP5= @9774.80
TP6= @11600.00
TP7= @12700.00
TP8= @14350.00
TP9= @17095.65
TP10= @19704.20
TP11=Free
A Bullish Engulfing Pattern is formed in Bitcoin daily chartMidterm Forecast:
. While the price is above the support 6000.00, resumption of uptrend is expected.
. We make sure when the resistance at 9774.80 breaks.
. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
.While the RSI support #1 at 30 is not broken, the probability of price decrease would be too low.
. The RSI downtrend #2 is broken, so the probability of a resumption of uptrend is increased.
. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
. Relative strength index (RSI) is 41.
. A "Bullish Engulfing Pattern" is formed in the daily chart at 7469.45 on 05/29/2018, so the probability of beginning of uptrend is increased.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (6974.35 to 6000.00). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (6974.35)
Ending of entry zone (6000.00)
Take Profits:
TP1= @ 7556.25
TP2= @ 8180.60
TP3= @ 9051.90
TP4= @ 9774.80
TP5= @ 11600.00
TP6= @ 12750.00
TP7= @ 15308.00
TP8= @ 17095.65
TP9= @ 19704.20
TP10= Free
Trade Setup:
We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01.
Total Profit: 1181981 pip
Closed trade(s): 770015 pip Profit
Open trade(s): 411966 pip Profit
Closed Profit:
TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit.
TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit.
TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit.
TP4 @ 9774.80 touched at 2018.05.05 with 305895 pip Profit.
84040 + 146475 + 233605 + 305895 = 770015 pip
Open Profit:
Profit for one trade is 7402.46(current price) - 6715.85(open price) = 68661 pip
6 trade(s) still open, therefore total profit for open trade(s) is 68661 x 6 = 411966 pip
Weekly analysis: would Bullish wave continue?Midterm forecast:
While the price is above the support 6000.00, resumption of uptrend is expected.
We make sure when the resistance at 9774.80 breaks.
If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 34.
Trade Setup:
We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01.
Total Profit: 1144505 pip
Closed trade(s): 770015 pip Profit
Open trade(s): 374490 pip Profit
Closed Profit:
TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit.
TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit.
TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit.
TP4 @ 9774.80 touched at 2018.05.05 with 305895 pip Profit.
84040 + 146475 + 233605 + 305895 = 770015 pip
Open Profit:
Profit for one trade is 7340.00(current price) - 6715.85(open price) = 62415 pip
6 trade(s) still open, therefore total profit for open trade(s) is 62415 x 6 = 374490 pip
Take Profits:
TP5= @ 11600.00
TP6= @ 12670.65
TP7= @ 15308.00
TP8= @ 17095.65
TP9= @ 19704.20
TP10= Free
Bitcoin is confusedhello guys at the moment of writing this post we think that it's very difficult to predict what's going to happen next in cryto space especially by looking at charts of btc but we will try our best to give you our opinion on and our bias towards bitcoin,
ok let's start-Right now we think that our major resistance line is very crucial to break for bulls to come back with full force but we really don't think it's going to happen especially in short term,right now btc is trading around 8200 usd and it's next weak support line is around 7800usd which we think is fair price to get in if you are looking to buy but our main fear is that if btc manages to break below our major resistance line then it will be a very scary time as psychological part can also play a role for people to sell there btc,one factor which will contribute more panic in holders that it will be the first year since the creation of bitcoin when it's not surging even in the months of may and june which proved to the best months for bitcoin and other altcoins,we don't think it's going to manifest but a trader should always keep one thing in mind and that is what if? so personally we set our buy order around 7800-7900 usd and we will sell it around 9000 usd,this is where btc is consolidating from long time
Ok thank you guys,please like our idea if you found something useful,we are going to post daily idea on cryto assets while our main focus is gold and silver, many regards-neeraj pandey
A New Trading Opportunity!! TP3 hit with 1884035 profit .....!BITCOIN/DOLLAR
Midterm forecast:
There is possibility of temporary retracement to suggested support line (8180.60), if so, traders can set orders based on Price Action and expect to reach short-term targets.
While the price is above the support 8180.60, resumption of uptrend is expected.
We make sure when the resistance at 9774.80 breaks.
If the support at 8180.60 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades, if the Midterm level 8180.60 is broken.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 67.
Total Profit: 1884035 pip
Closed trade(s): 464120 pip Profit
Open trade(s): 1419915 pip Profit
Trade Setup:
We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01.
Closed Profit:
TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit.
TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit.
TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit.
84040 + 146475 + 233605 = 464120 pip
Open Profit:
Profit for one trade is 8744.30(current price) - 6715.85(open price) = 202845 pip
7 trade(s) still open, therefore total profit for open trade(s) is 202845 x 7 = 1419915 pip
Take Profits:
TP4= @ 9774.80
TP5= @ 11600.00
TP6= @ 12670.65
TP7= @ 15308.00
TP8= @ 17095.65
TP9= @ 19704.20
TP10= Free
WARNING WARNING WARNING.Bears Dominating(BITCOIN PRICE ANALYSIS)hello guys,
in my last analysis I already told you guys to exit from btc market if it broke major trend line support now we can easily see that big red candle breaks the major trend line it means bears and dominating now bitcoin chart showing full bearish moments right now it breaks that major trend line which is not good sign for bitcoin at the moment it can possible dump down to 5400$ still if anyone holding their btc sale right now it can dump huge its my personal suggestions we can buy back again at 5400_5800$ buying Zone right now market is fully bearish its only my personal suggestions 1day chart TA saying it can dump huge in coming days so sold now and buy again at that buying zone you can see that blue circle zone that will be next buying zone for us which is 5400$
Good Luck
Stay Bless.
Fib-Confluence Analysis: Two ScenariosBrief analysis
I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action.
We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a potential for 4900-5000, which is the Bat PRZ. Till then enjoy the up move.
Hope this analysis will help bitcoin traders to develop their plans more efficiently.
Do hit like and comment.
All the best.
Bravo
Disclaimer: I do not trade Bitcoin.