BITCOIN SETUP TRADE WIH 1:5 RISK REWARD A good selling setup detected on BTCUSD It's showing a BEAR MOVE due to these reason there is so support beetween these two lable so it will easily fall till 52000 lable 1. It's BREAKING THE SUPPORT LABLE HERE 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your...
Now that it's confirmed that BTC is consolidating in a triangle pattern, I hope you all have made some profit. I predicted the formation of this triangle pattern way earlier. The CME gap between 62,000 and 64,000 will sooner or later fill. The target prices for this trade are as follows: - 69,601 - 69,011 - 68,111 - 66,111 - 65,111 - 64,111 Stop loss (SL) at...
Monday started very stormy for the crypto market.🔥💥⚡️📉 And it showed that not only Elon Musk can manipulate the market. 😆 And while waiting for positive news, a random fake can create a storm in the desert. What happened today, when Mr. Bitcoin flew from 27.9k to 30k. The truth came out within 5 minutes, regarding BTC-ETF, and the price returned back, from where...
Reasons to short BTCUSDT --> 1) Downtrend's pullback, build up of bearish flag pattern 2) Multiple resistance to clear 3) bounce from resistance with no clear signs of follow up buying Reasons to long BTCUSDT --> 1) Price showed bounce from support with morning star doji in 4H timeframe if you are willing to short wait for confirmations like: --> candle close...
The top-down analysis of BTC/INR according to price action. Don't Put maximum reward on this short. Try 1:2 or 1:3 reward ratio.