BTC GOING TO HIT $64,000 AGAIN(i) BTC already in a strong uptrend
(ii) The shortfall has ended at 47950 support with an amazing bounce back
(iii) Now it's raising and going to his next resistance at $64200 <<<>>>>
Btclong
BTCUSD Coinbase - Looking for EntryGood afternoon, it has been years since I last made a post here because I got out of the Crypto market awhile ago and I wish I never left. Now I find myself wanting to get my hands dirty and look for new entries into the market.
I am forced to use Coinbase as my state has strict laws on what exchanges can be used and I prefer to use USD transactions to make tax time easier to deal with, so I am using the Coinbase USD charts to trade.
I prefer long term trades so I am looking at daily charts in order to find a nice long position to enter and I have to say it may be some weeks or even a month before that happens.
We are in an overall downtrend on the daily chart. I am using the newer Supertrend strategy with the EMA 200 and I am looking for a point where the price will be above the EMA and the Supertrend indicates a buy option, or turns green. Now in the past it appears when BTC downtrends it lasts close to two months at a time before we have seen reversals. The RSI helps indicate with with low numbers only crossing the 50 mark a few times before plummeting. I count the downtrend to where the price finally fell under the 200 EMA and stayed under, and that was about May 19th.
Right now the price has been consolidating over the last two weeks, the volume has dropped and we are coming to a critical point where we could see a breakout in the next day or so. I believe I have found a solid line of resistance indicated by the green line showing a few times it has been tested as well as a top line of resistance indicated by the red line.
Where our nice triangle forms is where we have points of a possible breakout. For now I am hoping BTC follows its past trend and by July 19th or so if the prior trends that fell below the EMA continue its approx two month cycle, we will see some interest and people will begin to buy in. I still will hold on entry until I see price climb above the EMA, hold, and we see a buy signal from Supertrend. I will be patient though I am itching to get back into the market and see how it fairs.
Please let me know your thoughts.
BTCUSDT LongBTCUSDT Breakout Long R/R: 1:5
I took this trade with Smalllllll risk
Feel free to share your opinions in the comment!
BTC/USD LONGTrading suggestion:
Buy At: $37340
Take Profits:
TP1= $38260
TP2= $39620
TP3= $40660
SL= $36660
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BTC DAILY CHART SHOWS DIVERGANCE ON RSI AND CANDLE PATTREN SHOWSBTC daily Divergence on rsi, i think bottoming out here.
BTCUSDT Target 35800$Supports and resistances shown on chart. This is a very short trade with less target.
This is not an advice, it is just an idea. Kindly do your own research then trade. Thank you.
BTC long, Bear over?This is that there was a success full end of head and shoulder.
Here is 0-5 is what happens after head and shoulder, the time decided here is not calculated it assumed. But this what BTC will do next.
$BTC
For Short in BTC there is link mentioned bellow.
A short view of BTC via Fibonacci retracementsA short view of fibonacci retracements for 2-3% upside on a 7-10 day time period.
BTCUSD Inverted Head and Shoulders. Target 67000An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume.
Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.
BTCUSD C&H breakout - Target $70000As previously charted, Bitcoin corrected to low 40s (43k) and is on its way to $70000 from a C&H breakout on daily which is pending confirmation by close today
A test of the Fib Extension at $74000 for resistance is expected from this breakout
BUY BITCOIN FOR THE TARGET OF ATLEAST 70K buy Bitcoin levels are mentioned
But like if u like analysis
BTC LongBTC is currently ranging in the flag like pattern. After making it's third touch down the pattern and there is a support as well, and there is high likelihood that the price will bounce.
BTCUSD Bullish Contracting Wedge BreakoutBTCUSD has broken out of the contracting wedge pattern identified in the last idea (linked below) backed by a good surge in volume
Given the momentum here, breakout target of $25,300 could be secured in just a few sessions.
Bitcoin Market UpdateThe current range keeps sending signals of a distribution phase. Bounces will be for shorting. This 4H close will print a bullish divergence.
Invalidation point should be daily candle closing above 10300$.
Bitcoin hanging on trend lineBitcoin is currently hanging on a trend a break downwards could bring it to 8400. In case of a bounce back it could continue going upwards.
Daily Parabolic SAR Strategy 100% accurate! I am not going to predict what will happen or what is happening... I'll let stats and algorithms show results.
-I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats.
Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has been 100% accurate.
I am posting monthly and Weekly on my profile for longer term investment, have a look. They are very accurate as well. Give this a like and comment what you have to say.
Parabolic SAR Strategy Report
WEEKLY - Parabolic SAR Strategy 100% accurate! I am not going to predict what will happen or what is happening... I'll let stats and algorithms show results.
-I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats.
Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has been 100% accurate.
I am posting monthly and Daily on my profile, have a look. They are very accurate as well. Give this a like and comment what you have to say.
Parabolic SAR Strategy Report
OverviewPerformance SummaryList of
Parabolic SAR Strategy 100% accurate! Zoom OutI am not going to predict what will happen or what is happening... I'll let stats and algorithms show results.
-I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats.
Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has been 100% accurate.
On Monthly it only has 2 long entries.
1) First one at $350, that was back in November 2015. After that it hit $19,000 mark in December 2017. That is a 55X return in 2years. No other asset can give this much return in 2years. It also gave short entry in Feb 2018 $10-$11k
2) Second Long entry indication was in June 2019. Around $9000. Lets see how long can we go. Maybe $25K - 100k might actually become a reality in next 2 years?
If you havent invested yet, I would recommend to keep investing some amount whenever you see a crash(15%-20%). And only Invest as much as you are willing to loose.
I am posting Weekly and Daily on my profile, have a look. They are very accurate as well. Give this a like and comment what you have to say.
