lets see if we can secure this trade with at least 1:1 RR. SL of 50 points Candle close above 17840 will change every thing Until then its a good risk reward. I am posting this for Live testing purpose. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or...
The world’s largest cryptocurrency has developed positive sentiment during the past week as the price level maintained sustainability above the psychological mark of $20K. Moreover, the price level was able to have a positive breakout above the resistance zone between 0.786 FIB level and 0.618 FIB level and attained a new weekly high of nearly $21.5K. However,...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (20913). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
CRV looks like a gem fundamentally (CRV USD coming up soon) and technically breaking the daily downtrend and retesting the breakout. A possible move upwards with some hope of an altseason.
$BTC Finally trying to break $21,299. Been below $21,299 since Sep 13. Got beautiful follow thru to bullish engulfing on 4H yesterday finally breaking $20,812. Current 4H closed beautifully above $21,299 at $21,449. Next resistance at $21,791, needs to gain $21,299 support.
BTCUSD Buy trade opportunities BTCUSD is currently on major support and the movement is consolidation zone if a breakout Resistance trendline with a strong bullish candle it will be a very good point for long with the next target mentioned in the chart
$BTC bullish engulfing on 4H close failed to get follow thru yesterday resulting in bearish turn and failure to gain $20,338. Again bullish engulfing on last 4H close today and current 4H will decide. Last 1d close not good, continue watching support.
$BTC $20,066 support in effect, currently trying to gain $20,338 support. Last 4H close looking good with bullish engulfing, requires follow thru from current 4H candle to gain $20,338 and test $20,684.
$BTC $20,338 support in effect, $20,684 initial resistance here. $19,894-$20,812 range remains in effect as expected. Continue watching given S/R areas.
$BTC $20,812 resisting hard, $20,470 support in effect. Last 1W close looks good, $19,894-$20,812 range should remain in effect for short-term.
The world’s largest cryptocurrency has developed positive sentiment during the past week as the price level climbed above and maintained sustainability above the psychological mark of $20K. Building upon the positive sentiment, BTC tested the resistance at $21K which is placed at 0.618 FIB level on the Fibonacci retracement table. But it did not have a positive...
$BTC last 1D close looks fine, avoided bearish engulfing😅😅😅. $20,684 resisting hard since more than last 12H, $20,470 support currently in effect. Watch $20,338. Needs to hold $20,338 breakout resistance as support to save gains.
$BTC As expected $19,894 tested and held, currently at retest $20,812. Last 4H close looking good, Should be able to hold $20,684 support. Weekend already here so expect $19,894-$20,812 range to remain in effect unless broke out from $20,812. $21,299 resistance after $20,812
$BTC Given support areas tested, Broke $20,684 followed by a retest to climb back on it. Same with $20,338, currently retesting it. Requires to regain support here to continue the climb. Bearish Engulfing on last 4H close. Watch $19,894.
Posting after a long time - Okey so this cypher is still my Original plan. Invalidation is BTC crosses 25250 before reaching 16.2-15.5 k range. Still the price is almost 30-35 % high from there. Spread is quite high so m still trading levels by levels locally. Daily closing below 20300 will be fine for this plan and below 19200 pivot is increased probability of...
Recently brokes Trendline In Daily Tf Now Forming Bulish Flag Chart Pattern Incase of Breakout Expecting 150% BuLIsh Wave
#Bitcoin $BTC Beautiful follow thru to bullish engulfing on 1D, $20,812 key resistance holding. $20,684 support currently in effect. 13M left to current 4H close, needs to close above $20,684. $20,338 support to watch, if broke it will result in a fakeout.
Bitcoin has broken important resistance and also a pattern breakout has happened. bullish on btc and crypto