Our 2 buy orders at 9750$ and 9550$ were filled. This is the best opportunity to accumulate more BTC to catch the big Altcoin season.
Here is our plan
- If you just want to trade BTC/USDT, BTC will back to above 10000$ in next 2 days and will try to test 10500$ zone
- If you want to earn money effectively in this period, let you give BTC a safe range above 9000$...
BTCUSD (Bitcoin) weekly just closed last week on a bearish candle, sending out a reversal signal.
On BitFinex prices peaked at $10,491 after breaking above EMA10 and EMA50. Now that momentum is being lost and a bearish candle has been printed on low volume, these same levels that worked as resistance will now be tested as support.
On the weekly timeframe,...
Here we have the BTCUSD (Bitcoin) chart, where some bearish signals are starting to develop.
First, Bitcoin (BTCUSD) started to move up breaking resistance after resistance until it reached $10,517.20.
After hitting ~$10,500, multiple bearish signals started to develop.
We have a high volume bearish candle printed 13-Feb., signaling that a drop is coming.
Bitcoin (BTCUSD) is starting to retrace based on the 4H timeframe chart... Let's take a look...
But wait, before we go there, here is our full Bitcoin (XBTUSD) SHORT trade:
Now, for Bitcoin (BTCUSD), prices are now moving below EMA10, which would switch our...
If you take position after price breakup trough TL2 that that was outstanding and easy position.
I have created Channel but the price did not reach upper line of the channel.
I just waited for candle to be closed. On the lower TF momentum slows down.
But we have wait until price either break trough the TL of the channel or rises higher.
Bitcoin (BTCUSD) managed to break and close above MA200 for the first time since Oct. 2019... Giving us a very strong bullish signal... Where to next?
Bitcoin hit a low on the 18-Dec. '19 and after we only see prices moving higher and higher, producing what we call slow-steady growth.
The major trendline that started with the 29-Jun. '19 peak has also...