Crypto
BTC/USD - Weekly OverviewAfter facing bearish momentum for the past couple of months, BTC is finally able to sustain above the crucial mark of $30K. Although the magnitude of the upside has been negligible since the start of June, sustainability might definitely provide a breather for altcoins too.
BTC price level is trading above both MA-10 & MA-25 which can be a positive signal. A positive breakout above the major resistance level of $32K might bring back the much needed bullish momentum. The MACD is also supporting the hypothesis currently as the level is in the potential to bounce back above the histogram.
Overall, resistance level of $32K will be a significant role for this week followed by $34K. On the opposite side, support levels can be placed at $30K and $28K.
#Bitcoin Break out or Break down?On H1 you see my support at 28850ishwhich is holding strong since few days. Above, you see 200 day EMA is also strongly limiting upside with a strong rejection. At some point shortly, it's either or. Breakout or breakdown.
What do you think? Let me know in comments. My bias is for breakdown.
BTCUSD Trading Plan - 20/May/2022Hello Traders,
Hope you all are doing good!!
I expect BTC to go up on short term after finishing this correction.
Short term Buy.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
BTCUSD Trading Plan - 18/May/2022Hello Traders,
Hope you all are doing good!!
I expect BTC to go up after spending some more time in this correction.
Short term Buy for now.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
BTC/USD - Weekly OverviewThe past week turned out to be a pivotal point for the world’s largest cryptocurrency. Bitcoin fell below the crucial mark of $30K, which further led to panic selling among the altcoins. A negative breakout from the descending triangle pattern during the first week of the month hinted for such a nosedive in the price level
However, looking onto the brighter side, it must be considered that the price level has entered the accumulation zone, which led BTC to achieve its new all-time of $68,790 during the past year. Therefore, it can accumulate a new set of investors within the current range to bring back the positive momentum
The technical indicators are still suffering from the wrath of bears but hints at a possible bounceback. RSI, after nosediving to the oversold region, is showcasing positive nature while residing at 33.24. The MACD is still below the histogram forming red bars and shows the potential of a bullish crossover in the upcoming days
Maintaining sustainability above $30K and $28K respectively will be very important for BTC to avoid further decline. On the positive side, resistance can be placed at $32K and $36K.
ANCUSD : Looking for long opportunity!ANCUSD is looking for great buying opportunity to the upside after having big correction to the downside.
ETHEREUM HEAD AND SHOULDER PATTERNWe could see a Head & Shoulder pattern on daily/weekly/monthly timeframe, i do think so that crypto is getting into much more correction from the current levels also.
Note : This is only an analysis, dont follw it blindly, use your own experience and knowledge also.
THANKS AND REGARDS
DAKSH SHARMA
Trading Signal For LUNAUSDT Terra (Spot)-Luna has dropped drastically and the price is at very significant support zone. We trade this signal without Stop loss.
-But you definitely apply risk management. Don't gamble, Trade
-Here is how we trade this signal:
-First, you decide how much money you are going to invest in this trade (there isn't any stop loss). Then divide your money into 3
1. Right now we open the trade with the first 1/3 of the money
2. At $1 we add another 1/3
3. For the last 1/3, wait until we post the last entry in the channel. we will keep you updated on this.
We hope this turns to a Golden opportunity for you all
Trading Setup:
There is a Trading Signal to Buy in LUNAUSDT Terra (Spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 1.00
⭕️SL @ 0.0 (without Stop Loss)
🔵TP1 @ 10.0
🔵TP2 @ 30.0
🔵TP3 @ 74.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Trading Signal For BTCUSDT Bitcoin Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin .
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 30823.00
⭕️SL @ 29620.00
🔵TP1 @ 32846.00
🔵TP2 @ 34878.00
🔵TP3 @ 38003.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
MY ANALYSIS ON BITCOIN FOR MAY 1 TO 10BINANCE:BTCUSD
As You can see these are the levels for buying and selling bitcoin these days.
As you can see the major support of the Trendline and three touch if it breaks than it will result in more downfall but watchout there are many supports on the downside.
I think btc will not fall below this level so I am bullish now : )
Note: This is only my view do trading as per your risk apetite and dont follow blindly.
BTC Breakout Happened..Bitcoin gave the breakout from the ending diagonal pattern as stated in the last post. Outlook should be bullish now from here on and the targets to look out for now are first touch 200 Day SMA and then towards 50k. #Altcoin might give bigger gains from here.
#bitcoin #altcoins #btc #crypto