Y'all are free to give suggestions and your opinions too. Would be glad to see a different prespective.
if bitcoin broke final frontier of 16200 -- chances of which are now more then 65% ...it will go parabola ... hope on the rocket ship.
Bitcoin's previous swing high was at 13880. For fresh buying it is only recommended when it breaches this level and retests. Momentum is very strong but if BO comes it might not sustain much as it requires some consolidation to breach such resistance. Note : This idea is for only educational purpose. Dont make any position based on this analysis.
Bitcoin - Intraday We look to Sell a break of 11227 (stop at 11336) Previous resistance, now becomes support at 11300. 50-hour EMA is at 11360. A break of yesterdays low would confirm bearish momentum. Short term bias is mildly bearish. We look for a temporary move lower. The bias is to break to the downside. Our profit targets will be 10948 and 10852...
Trade 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 : ...
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...
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...
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...
It has broken the weekly trendline.
Trade 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...
Trading 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...
Trading 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...
RSI IS DOWN TREND BUT THERE IS JUST CONVERGANCE GOING TO HAPPEN AFTER BEARISH TO 7000 - 7500 SHORT TERM BULLISH - BITCOIN( INTRADAY TRADING BTC )
#SELL AT 9400 - TARGET- 8300 .
This is a comprehensive overview of Bitcoin behaviour prior & after it's first 2 halving phases. Currently it's has formed a Triangle / Pennant pattern & seen to have taken support over its weekly 200 moving average . Let's see what's in store for it.
Hit The like if you like my Idea. Disclaimer: This information is for educational purposes only invest at your own risk !!