BTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD
UP MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BTCUSDTPERP
BTCUSD SHOWING A GOOD D UP MOVE WITH 1:7 RISK REWARDBTCUSD SHOWING A GOOD
UP MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BTCUSD/BITCOIN DAY BUY PROJECTION 16.10.24Reason for Bitcoin Bullish
As a result, BTCUSD is the most popular crypto-to-fiat pair, and it serves as the de facto gold standard for the cryptocurrency market; providing the price direction cue for virtually the entire crypto market. In the BTCUSD pair, Bitcoin is the base currency, while the US dollar is the quote currency.
BTCUSD SHOWING A GOOD UPWARD MOVE WITH 1:10 RISK REWARDBTCUSD SHOWING A GOOD
UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
TAKE CARE
BTCUSD Daily closing below 65867 then 📉 📉 to 62045 marked on the chart
Any Daily closing above 67438 then bullish 📈 📈 📈 77500
65867 could act as a support, so until it breaks and closes below then only 📉 📉
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
$BTC | 1H: Game plan:We will be looking to enter a long after the Monday low swept with POI and 200 EMA confluence.
It seems that spot buyers are showing strength while shorts are shorting, which could potentially send CRYPTOCAP:BTC higher.
Our targets for this week are as follows:
1. 72k Liquidation✅
2. 73k Sell order 🔄
3. 75k New ATH 🔄
Bitcoin: Mid-Term Price OutlookBitcoin Technical Analysis update
Bitcoin is forming a triangle pattern on the 4h chart. Currently, the price is trading within the triangle just above the 200EMA. We can expect sideways movement around the 65.5k level before a potential breakout. If the price fails to hold above the 200EMA, it could test support at the triangle's bottom line around 63k.
Regards
Hexa
BTC LongI was shorting BTC from 70k. You can check my previous posts. Now, we might see a change in trend.
The CME Gap will be filled at 64210, where I plan to close 80% of the short position and initiate buying orders. The levels to watch include 64210, 63411, and 61051. As for the stop-loss, it's undetermined at this stage, and I'll provide updates upon closing my positions. While this move is expected, there's a possibility of further downside, so trade cautiously and at your own risk.
Bitcoin - Important Support and Resistance LevelsI have marked IMPORTANT support and Resistance levels for BTCUSDT.
These levels have been marked for a reason, utilise it with your indicators for MORE profitable trading trades
please do like and comment if you want Support and Resistance for any other scripts.
Thanks :)
BTC | 1H: Monday Plan$29,000 Buy wall. CRYPTOCAP:BTC Big liquidation hunted and also strong buyback. If buyers stay strong and push the price higher, we could see a continuation to the upside. Let's hope the market agrees and we see a bullish trend. Let's do it! 🚀
Previous day:
VAH: $29440
POC: $29391
VAL : $2956
Date: 14 August 2023
BTCUSDT WEEKLY TIME FRAME@69198.7 All time HIGH on 08Nov2021
Marked few levels those are HIGH on weekly TF Second HIGH @48248.5 on 28March2022 Third HIGH @32446.5 on 30May2022
If market gives us a proper breakout @32446.5 then we can expect a little BULLRUN towards second high @48248.5
Right now price is between @31623.4 - @29491.1 market looks good on weekly TF
Previous week candle is a DOJI CANDLE that means buying momentum is slowing down. As the BULLS lose steam BEAR regain some control into the close of the candle with selling pressure.
But it can also be momentary indecision and the market may continue to move in the some direction afterward.
Marked 2 POI first POI @12210.7 second POI @22998.9 this 2 POI is for BUY SIDE!
If we see a Rejection or Fake Breakout @32446.5 then price will come to mitigate @22998.9 and then we can see a proper breakout @32446.5
@3621.8 All time LOW on 09March2020
WHOEVER READING THIS COMMENT YOUR THOUGHT THANK YOU!
SMC