Bnb is getting down and according to my analysis it will touch the support of USD245 and there is also a fib level+ support level.. this level is may be a good opportunity to buy and hold..
The Idea is all explained in the Chart it self, Tigger of 23300$, Long at max 3X Buying @ 23000$ with SL @ 22600$. TPing around 25000-28000$, For Short I am not looking much if Scenario 2 plays I will add on Spot Continuing my DCA.
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
short it now its going to hell, tp1 and tp 2 are there sl is 0.77%
A choch has occurred towards the order block from which we need to short btc. After a liquidity sweep of equals we'll see an upward movement towards our main order block from which we'll look for short trades. My analysis shows this probability, what do you think ? Help me out if you think I'm making mistakes. Thank you
#BTC has multiple supports at around 22500. 1. Ichimoku clound on daily TF 2. 50 DMA on daily TF 3. Trendline support 4. Horizontal line support Breaching 22500 on daily TF will open the floodgates on the downside. Till then this level can be safely considered to be SL for long position.
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
long btc as its making support around that whiteline use tight stoplosss and market is volatile after Elon's news
Support at 50% fib level trying to cross defending channel mid line
r : R ratio is 1 : 2 Rest as per Charts Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands...
Bitcoin Structure: Price currently took support at Multi-Year Demand Zone in Weekly Time Frame Moving Averages - 150 MA : Price is a little above 150 MA shows some good signs in the crypto market, If the price falls below 150 MA then the trend is completely bearish mood till 20K$ Expectation/Probability: Price can reverse from the current level till 46k$ or...
Kava/Usdt Long intraday trade Sl= 1.71 Tp 1.83 1.88 1.97
get ready for some red candles guys as we can see there are rejection trend lines above our price which is in the range 25000-25500 this is a range we may see a rejection and fall back to near support but as we see this was an unexpected growth which I don't feel will last long it all started due to Ethereum news pulling the BTC with it so soon we will beck to...
Its making a kinda double bottom at that trend line aim for tp1 TP2 might not hit but if it hits price can go to upto 24k because of the double bottom
Wait for bounce back from that level only after that enter into long otherwise short it if it drops below that range
What Bitcoin will do at this level? we are bullish! for educational purpose only
Bitcoin market update: #Btc has formed a W pattern on the daily, meaning a chance of a reversal towards 26.6k should we break 22,800. The RSI also has formed a higher high, indicating a possible price momentum towards the upside. Although price could go up from here, don't be fooled , that we are still extremely bearish on the daily and weekly and this move is...
Bitcoin price level hovered within the consolidation range depicted in the chart. The world’s largest cryptocurrency maintained sustainability above the strong support level of $19K. Thereafter, the price level is currently attempting for a positive breakout above the consolidation range. It must be noted that BTC faced a couple of negative breakouts after...