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.
Cryptocurrency
BTCUSD Trading Plan - 14/May/2022Hello Traders,
Hope you all are doing good!!
I expect BTC to go up till around 37500 level before dropping again to 20k level.
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
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/USD - Weekly OverviewThe bears continued their wrath on BTC and the overall market conditions during the past week. Bitcoin fell below the crucial support levels of $37K and $34K in no time during the past week, reflecting extreme bearish sentiment.
The price level has again formed a falling channel pattern after facing strong resistance at the 0.5FIB level. A negative breakout below the 0.236FIB level suggests some caution for investors as the potential for further downside is opened.
The directional movement index reflects the solid selling sentiment faced by the world’s largest cryptocurrency. The ADX (average) and -DI (selling pressure) move hands together, residing at 30.78 and
29.32, respectively.
On the downside, the levels to watch out for will be $32K and $28K. In the opposite case, if the bulls come back, resistance can be placed at $38K and $40K, respectively.






















