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Bitcoinusd

The Falling Wedge Proves Itself Again | Bitcoin In my previous analysis I talked about The falling channel Bitcoin was in. However when I took another look at it, it looked more like a falling wedge. This does not make any difference in the outcome of the price but this shows that TA can be subjective. But that is not what I wanted to talk about. Falling wedges and channels are my favorite bullish trade setups for any asset and it shows again. The setup is as follows: 1: We spot a falling wedge or channel preferibly on the daily timeframe or higher. 2: The price start going sideways at the bottom of the channel or wedge. This is where you want to buy. Look for a bullish divergence on the rsi on the hourly or maybe even the 15 min chart for an even better setup. 3: Set a stop-loss in case the price breaks support. 4: ? 5: profit On this chart we can see 2 horizontal white lines above the current price. These are the price targets for this setup.
COINBASE:BTCUSDEducation
by VinanceYT
BTCUSD Update: Profit=340900 SL=78800 Reward/Risk > 4.3:1Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 177537 pip Closed trade(s): 100337 pip Profit Open trade(s): 77200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 : Closed Profit: TP1 @ 11420.0 touched at 2020.08.01 with 5279 pip Profit. TP2 @ 11700.0 touched at 2020.08.01 with 33279 pip Profit. TP3 @ 11985.0 touched at 2020.08.01 with 61779 pip Profit. 5279 + 33279 + 61779 = 100337 Open Profit: Profit for one trade is 1153.21(current price) - 11367.21(open price) = 38600 pip 2 trade(s) still open, therefore total profit for open trade(s) is 38600 x 2 = 77200 pip 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 64. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (11420.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP2= @ 11700.0 TP3= @ 11985.0 TP4= @ 12334.0 TP5= @ 13070.0 ❤️ 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
10
BTCUSD Update: Profit=340900 SL=78800 Reward/Risk > 4.3:1 Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 111758 pip Closed trade(s): 38558 pip Profit Open trade(s): 73200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 : Closed Profit: TP1 @ 11420.0 touched at 2020.08.01 with 5279 pip Profit. TP2 @ 11700.0 touched at 2020.08.01 with 33279 pip Profit. 5279 + 33279 = 38558 Open Profit: Profit for one trade is 11611.21(current price) - 11367.21(open price) = 24400 pip 3 trade(s) still open, therefore total profit for open trade(s) is 24400 x 3 = 73200 pip Break Even 11223.00 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 69. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (11420.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP2= @ 11700.0 TP3= @ 11985.0 TP4= @ 12334.0 TP5= @ 13070.0 ❤️ 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
8
BITCOIN Most shocking but most realistic price prediction ever Hi there as you can see this chart and clearly see past history easily. You can see deminising returns on btc also I want to catch your attention on bear cycle and bull cycle which is lengthening 2.5 to 3 times every cycle. Red box is our bear market and green box is our bull market marked on data available from 2010. You can see and identify Using this chart that we can still in accumulation phase or bear phase for 1 year more.
BNC:BLX
by AjayKadam
BTCUSD Update: Profit=622900 SL=94000 Reward/Risk > 6.6:1 Trade Setup summary: Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400) Stop Loss =94000 pip Reward/Risk > 6.6 : 1 Current Status: Total Profit: 272400 pip Closed trade(s): 272400 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 9285.00 touched at 2020.07.21 with 7300 pip Profit. TP2 @ 9384.00 touched at 2020.07.21 with 17200 pip Profit. TP3 @ 9475.00 touched at 2020.07.22 with 26300 pip Profit. TP4 @ 9712.00 touched at 2020.07.25 with 50000 pip Profit. TP5 @ 9900.00 touched at 2020.07.26 with 68800 pip Profit. TP6 @ 10240.0 touched at 2020.07.26 with 102800 pip Profit. 7300 + 17200 + 26300 + 50000 + 68800 + 102800 = 272400 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 65. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (10856.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP1= @ 11420.0 TP2= @ 11700.0 TP3= @ 11985.0 TP4= @ 12334.0 TP5= @ 13070.0 ❤️ 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
13
BTCUSD Update: Profit=373800 SL=81600 Reward/Risk > 4.6 : 1Trade Setup summary: Profit targets=373800 pip (24200 + 34100 + 43200 + 66900 + 85700 + 119700) Stop Loss =81600 pip Reward/Risk > 4.6 : 1 Current Status: Total Profit: 70348 pip Closed trade(s): 24500 pip Profit Open trade(s): 45848 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 9285.0 touched at 2020.07.21 with 7300 pip Profit. TP2 @ 9384.0 touched at 2020.07.21 with 17200 pip Profit. 7300 + 17200 = 24500 Open Profit: Profit for one trade is 9326.62(current price) - 9212.00(open price) = 11462 pip 4 trade(s) still open, therefore total profit for open trade(s) is 11462 x 4 = 45848 pip Break Even 0.658 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. Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (9220.00) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP1= @ 9285.00 TP2= @ 9384.00 TP3= @ 9475.00 TP4= @ 9712.00 TP5= @ 9900.00 TP6= @ 10240.0 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
15
Don't miss the great buy opportunity in BTCUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (9322.8). 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 51. Take Profits: TP1= @ 9597.0 TP2= @ 9719.0 TP3= @ 9840.0 TP4= @ 10009.0 TP5= @ 10424.0 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_EU
11
Don't miss the great buy opportunity in BTCUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (8953.78). 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 73. Take Profits: TP1= @ 9275.30 TP2= @ 9485.85 TP3= @ 10028.85 SL= Break below S2
BITSTAMP:BTCUSDLong
by ForecastCity_EU
15
Don't miss the great buy opportunity in BTCUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (9159.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD 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 80. Take Profits: TP1= @ 10505.20 TP2= @ 12138.65 TP3= @ 13869.90 SL= Break below S2
BITSTAMP:BTCUSDLong
by ForecastCity_EU
9