Above was my previous short trade on BTC and it took support and might touch 17400_18000 and then again break to the downside
$BTC Hanging on $16,750, bearish engulfing on last 1d close. Looks weak $16,750 at high risk. Watch $16,155-$16,383 for support if bearish engulfing followed thru.
took this trade earlier, my poi will be towards 16500's for now to start looking for any longs ! i try to stick to basic pa with minimal help of technical analysis for taking all my trades. also , for this trade, i had set a limit order because it was a high conviction setup even though usually im against it. will keep updating the challenge here occasionally!
BTC DIp over, Now Start Accumulating at CMP 47360.18 $, I have checked the whole chart support & Resistance and come to the conclusion that now dip over.
$BTC $16,750 testing, Last 4h failed to follow thru on bullish engulfing. Current 1d looking ugly, must hold $16,750 or it'll revisit $16,155-$16,383. Continue watching given S/R areas
btc break out of symmetrical triangle,looking for an upside move
BTC tried to sweep the liquidity above and the good short area was around $17540 to $17700 but as the 200EMA played out before it went to those areas and came down from $17400. I am aiming for 2 trades from here. 1. I will wait for a wick above $17540 to $17700 area and SHORT there with S.L above $18200 and will target for the $16400 to $16200 area (2r trade) 2....
$BTC $17,301 Continues to resist, no support from $17,097. $16,750 support currently in effect. 1D close bearish, failed to follow thru on bullish engulfing on 1D. Breaking below $16,750 will bring $16,155-$16,383 test, requires to hold $16,750 to reattempt
One POI is not respected as there is another at the bottom so there is probability of btc to touch its recent high and then go down....
The past week has regenerated positive sentiment for the world’s largest cryptocurrency as it broke and maintained sustainability above $17K. The bullish rally could be reflected in the expansion of Bollinger Band’s width. Moreover, MA-10 was able to have a positive crossover against MA-50 which could be a potential signal for more bullish momentum to come in the...
$BTC #BTC $17,097 resisted during the weekend as expected. Finally gained $17,097 as support, $17,301 resistance testing. 1D close with bullish engulfing, $17,592 next resistance from here which will require some struggle as it is a key resistance.
btc near the trend line..if broken and then we see a retest we can expect btc may touch 16000..... This is valid only if it breaks the trend line and then if it retest the trend line we can enter a scalping shorting trade in btc
BTC/USDT DAY TRADING || LONG, long here and put the stoploss as mentioned below, you can either be satisfied with tp1 or if you're risk taker go for tp2
BTC/USDT #Update. Btc had a perfect retest of trendline on 1D tf. No it's trying to break 1D resistance 16889. Close 1D candle above this price. We can see pump till next supply zones as mentioned in chart. Close below resistance again we might retrace back to major support 15600. #DYOR and take trades accordingly.
$BTC Put bullish engulfing as expected on last 1D close, current 1D trying to follow up. $17,097 resistance in effect, $16,750 current support yet to be tested. Continue watching given S/R
Btc getting ready ?........ btc may touch 16550 and may give a scalping shorting opportunity of 400 points towards 16k This shorting opportunity may be valid only if it gives a rejection around 16550 and also if it closes below the trend line
you guys can short this to 6$ for me my short is open and cuurrently sitting with 70% profit will close once it hits my TP 1 - 6$ Max it can go down is 5.5$ for now but everything depends on BTC
The technical chart of Bitcoin reflects on the consolidation faced since the past week. On the chart, the consolidation rage is formbed between the price levels from $15.5K to $17K Considering the technical indicators, RSI level is facing strong resistance for a positive breakout above 50. Currently, the level is showcasing negative nature while residing at 39.92...