BTC INTRADAY UPDATE: VOLATILITY EXPECTED : HIGH EXPECTED SCENARIO: #BTC should test our SUPPOPRT1 and a small bounce is expected at that level. SUPPORT1 may not hold today. BULLISH SCENARIO: $BTC has to cross our INTRADAY FLIP line to be bullish. which is quiet difficult today. BEARISH SCENARIO: $BITCOIN may not hold at SUPPORT1 and we test our...
BTC MOVING ON AN INSTITUTIONAL WAY.....
After long time of downtrend, BTC breakout the falling wedge bullish pattern in short-term but, still beware of whales dumping manipulation!!
$BTC|USDT Once Again, BTC Got Rejected From TrendLine Resistance At 38500$ (approx.) Also Breaking Down The Support Level At 36500$ (approx.) Flipping It Back To Resistance, Approaching Towards Next Support i.e., 34500$.... If 34500$ Support Didn't Hold Then , We Likely To See a Free Fall Towards Liquidity Raid📉With A Possible Long Wi
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (58343.20). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: .BTCUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 177537 pip Closed trade(s): 100337 pip Profit Open trade(s): 77200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 : ...
Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 111758 pip Closed trade(s): 38558 pip Profit Open trade(s): 73200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31...
Trade Setup summary: Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400) Stop Loss =94000 pip Reward/Risk > 6.6 : 1 Current Status: Total Profit: 272400 pip Closed trade(s): 272400 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at...
Trade Setup summary: Profit targets=373800 pip (24200 + 34100 + 43200 + 66900 + 85700 + 119700) Stop Loss =81600 pip Reward/Risk > 4.6 : 1 Current Status: Total Profit: 70348 pip Closed trade(s): 24500 pip Profit Open trade(s): 45848 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (8953.78). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9159.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (8927.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
This is an update to recent BTC analysis. At 4-hour timeframe we can see that the price went out of the local descending channel via impulse growth waves. Subsequent corrective Elliott ABC movements brought the price at the upper edge of the channel. If we take a closer look it can be seen that there are several positive signs: 1. Stoch RSI moves to Oversold...
Midterm forecast: While the price is above the support 190.10, resumption of uptrend is expected. We make sure when the resistance at 637.00 breaks. If the support at 190.10 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 460.75 on 2018-08-14 and the...
Midterm forecast: While the price is above the support 190.10, resumption of uptrend is expected. We make sure when the resistance at 637.00 breaks. If the support at 190.10 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 460.75 on 2018-08-14 and the...
Midterm Forecast: While the price is above the support 4966.90, resumption of the uptrend is expected. We make sure when the resistance at 8200.00 breaks. If the support at 4966.90 is broken, the short-term forecast -resumption of the uptrend- will be invalid. Technical analysis: The RSI bounced from the support #1 at 26 and it prevented the price from more...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend. Technical analysis: . The RSI bounced from the support #1 at 26 and it prevented the price from more losses. . The RSI downtrend #2 is broken, so the probability of resumption of uptrend is increased. . Price is below WEMA21, if price...
New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume. *There is still a possibility of temporary retracement to suggested support line (832.10). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: There is no trend in the market and the price is in a range...