BTC has broken out and Retested in the shorter time frame and reached a reversal in the longer time frame. As we are bullish on the general trend, so we can enter a long trade.
Risk Reward Ratio - 2:1
Target near swing high. SL place below trendlines and support zones.
Bitcoin got a dump pump 'n dump today. I believe it's due to macro economic factors. Nevertheless as I posted on Twitter already, dips like this can happen. A dip of 10% is nothing compared to the dips that occured in the last bull cycle. We've seen a lot of greed in the market and it's something to really take care off.
I'll remain bullish in the short term if...
BTC has given breakout of symmetric triangle, Now leading towards our well defined targets mentioned in previous idea post
Targets 71000$
Targets 75000$
Targets 79000$
It looks like Bitcoin is forming a bull pennant on the 1h. The technical target out of the bull pennant is around 70.7K.
I would place my tp just slightly behind the target to prevent it from not being hit.
I would trade this pattern only if it break out to the upside. this how my trade setup would like. What do you think about this set-up?
NFA
share the chart of my chain link T.A .THE point levels showing in the chart are two type one are red and 2nd are green .THE GREEN ARE BUY POINT AND THE RED ARE SELL
YOU CAN MAKE A HUG AMOUNT OF PROFIT IN THE COMING ALTS SESSION SO WHAT ARE YOU DOING BUY ON THE PRICE LEVELS.
Our expectations concerning the local decrease of bitcoin quotations have not come true yet, but the probability of price decrease remains because the investors' mood is still on the ultra-optimistic marks. What exactly will be the amplitude of correction and where will be its minimum, we will see after its completion.
Altcoins:
We single out TRON and TFUEL as...
Our expectations concerning the local decrease of bitcoin quotations have not come true yet, but the probability of price decrease remains because the investors' mood is still on the ultra-optimistic marks. What exactly will be the amplitude of correction and where will be its minimum, we will see after its completion.
Altcoins:
We single out TRON and TFUEL as...
On this chart it looks like BTC got a confirmed breakout of the falling wedge, I'm curious how it will play out.
If we see some strength in the movement (aka more volume) I might reconsider to open up a long. Still longterm bullish short-term it looks a bit indecisive/choppy.
I think that if we don't make a higher high on the 4h it probably will be a bearish...
1 week chart is bullish af. If we break out the 64000 dollars, we are re tracing for a while and pumping to 80000 dollars and then a very healthy correction downwards and then crossing the 100,000 tag.
BTC made an inverted head and shoulder on the 4H timeframe, however, it looks like the
pattern has failed to breakout on the upside.
As long as the price stays in the range defined by the two green lines, we are good.
However, if we break below the channel, expect the alt coins nuke pretty hard.
