BTCUSD.P trade ideas
SELL BTCUSD 66000, SL 66300, TGT- 64700My Dears Followers,
today analysis is very simple price reached it's target yesterday i have given 66200 but reach 66100 and price also break and swept all liquidity in down side at 65500 and price now today low is 65136, so here analysis says that price will get correction at same price 66100 and this is also a Block Order in 1H chart and it's a Elliote Wave analysis and trend analysis, so, SELL BTCUSD 66000, SL 66300, TGT- 64700
WILL BUY THE DIP SUPPORT BULLS & CAN BTC RECOVER TO 71K ?Earlier I discussed about double top pattern in making & captured the great free fall of more than 7,000 points.
Now, Bitcoin can be seen taking support at important levels. Bitcoin is experiencing times of high fear, high volatility and negative sentiment among the traders. From a psychological point of view, this could end in a bullish momentum as I have seen in the past that such high volatility usually lead to trend reversal.
For now, big buyers are actively holding back a possible fall amid transfers of the previously hacked crypto exchange to its debtors and BTC sell-offs by German authorities.
In April, the average cost of BTC mining among the largest public miners was $53,000, technically, the level of average cost of BTC mining plays the role of an intermediate bottom.
Judging by the growth of volumes and price entry into the area of the lower boundary of the "Flag or Megaphone" pattern, buyers appear on the market and at the moment stop the price fall, forming a sideways range of 53500-58500.
Accordingly, a breakdown of one of the boundaries may trigger an impulse to one side or the other, based on the technical nuances there is a probability that there will be an attempt to break the resistance.
Fundamentally, the environment is difficult due to news flow, but investors are waiting for the approval of ETH-ETF, which may bring back the bullish mood to the market (indirect impact on BTC). Technically, the emphasis is on the range. A break of 58500 will give bullish momentum, a break of 53500 may allow the price to decline to the 50500-51000 risk zone
We can only analyze and make a trading decision but only the time will tell whether is it headed to 71K or below 50K.
buy BTCUSD 66100, SL 65900, TGT- 67200Hello my dear followers,
as i analysis Elliote wave and price made a support at 65500 and in generated a Block Order and price come up above 0.23% and now touch 0.38% and price will go up at .061% at 67200, first price will come down at 0.23% generated a CHOCH and price will retest and most thing keep in mind that first wait for price for swept liquidity with a tall wick if happened like this than go head for buy side the target of 67200, because price every time means every time swept liquidity and you can also now sell from 66500 till target 66100 also if 5m chart gives CHOCH.
THANKS, and comments me if you like this post
BITCOIN BUYING SETUP TRADE WIH 1:5 RISK REWARDBITCOIN BUYING SETUP TRADE WIH 1:5 RISK REWARD
A good buying setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's a very good setup due to the 15 m timefram setup
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
4. its breaked the stock zone
With a small amount
Stay connected
Stay happy
BITCOIN: Double top possible + NAVARRO 200 : Watch out!!
BITCOIN: Double top possible: Watch out for 48,000 + NAVARRO 2000 bullish = 2 opposing patterns.
The Wolf of Zurich detected a possible double top on bitcoin
As expected, the 56,400 was reached perfectly thanks to my analysis.
The next levels are:
On the decline :
56,425 (again)
48,000
40,770
On the rise:
NAVAROO 200 bullish detected, and the price could reach $72,000 then $80,000
In addition, Be careful because there is a bullish divergence with the ROC!!
To watch the EMA 50 and 200, and the ICHIMOKU and Fibonacci levels
Bitcoin Bull Rally towards 80k soon after ABC Correction. Bitcoin's five waves started from 53k to completed near 66k.
Now ABC correction after five waves has been unfolding.
THis correction might be complete between 38.2 to 61.8% of prior five impulse which is
between 63k to 59k.
After completion of ABC correction we may see new impulse wave towards 80k .
#bitcoin
Is BTC To Shoot Higher?
BTC has rallied from a small hint of bullish presence displayed in the past 18 days. When it sustained by July 5th onwards from $56393. As of writing, it has surpassed the $66150 hurdle level, and it presents the possibility it could continue to rally higher in coming sessions.
Indicators have been bullish; the EMA bands have been overtaken from below, MACD showed a histogram growing upside at 966.56, and RSI flashed at 60.55.
Based on the optimism, if the rally keeps on increasing, then resistances are at $68500, and $70100, respectively. But failing below $66150 could lead towards the next support at $63400.
BTC on the move? ... Seems soIt seems like BTC will move this time for 100k. A small lot can be bought with a long term view. Even if it falls again there should not be a big loss.
In my opinion, keeping in view the coming election and happenings all around people will find safe heaven and opportunities...
Be humble be patient and be happy 😊
BTCUSD View!The S&P 500 Index (SPX) plunged about 2% last week, but the weakness in the equity markets could not dampen the enthusiasm of the cryptocurrency traders. Bitcoin
BTCUSD
made a strong comeback, rising roughly 12% for the week.
According to CoinShares da, digital asset investment products witnessed strong inflows of $1.35 billion last week, taking the total inflows in the past three weeks to $3.2 billion. Bitcoin’s strength also resulted in outflows of $1.9 million fro
SELL BTCUSD 67700, SL 68000, TGT-66000/65000SELL BTCUSD 67700, SL 68000, TGT-66000/65000
Hello Followers and traders,
Price got correction from 68500 to it's 0.61% at 67000 and get back to up at 0.23% and there is a block order at same price 0.23% 67800, and I think it will going to generated a lower high to lower low and may be price first come at 66000 and if break than will go down at 65000 if price come at 66000 that not means it is in downtrend it's totally in uptrend and may be go up.
BTC in downtrendWith daily time frame, BTC is in downtrend and it was a correction needed for further waterfall.
*Disclaimer : Only for educational purposes
Expected Short-Term BTC CorrectionThe chart shows an uptrend, but the volume and RSI indicators suggest bearish signs. Buyers seem hesitant to purchase at the current level, likely because BTC has been in an uptrend for a while. They are waiting for a pullback before entering the market. Therefore, I believe BTC might undergo a short-term correction.
Seems like BTCUSD are going to do something Simple minimalist analysis for BTCUSD to understand how Moore's Law works in the past and the time when we used to trade it
Seems like BTCUSD are going to do something Simple minimalist analysis for BTCUSD to understand how Moore's Law works in the past and the time when we used to trade it
BTCUSD Intraday !Data from Cointelegraph Markets Pro and TradingView showed a nightmare for short traders unfolding at the start of the weekend on July 19, with
BTCUSD
suddenly rising from $63,303 to $66,506.
At the time of publication, the gains were still mounting after the
BTCUSD
pair hit an intraday high of $66,773 on Bitstamp.
“New short-term highs for #Bitcoin means that the recent streak of higher highs and higher lows (uptrend behavior) is intact,” said independent Caleb Franzen, reacting to Bitcoin’s
BTCUSD
sudden uptick over the last few hours.
i’m using trading view for education purpose only i’m part i’m part time trader, using this for education proposes
BTCUSD Chart Analysis July 19th -> Click the Replay button.Hello.
It's a Bitcoin guide.
It has been a while since I conducted real-time movement path analysis on the 15-minute chart.
Click the replay button on the right
Please check the movement of the yellow line over the weekend.
thank you
Bitcoin 1D Technical Analysis - Bitcoin made a strong weekly close last week and is currently trading above 63,500$
- Bitcoin currently looks ready for a retracement and can retrace towards 59-61,000$
- Place your Altcoin and Ethereum bids accordingly after understanding Bitcoin's price action
- Do not overlap your risk rather manage it wisely
BITCOIN Poised for Huge RallyOn Weekly Basis:
BTC/USD completed its correction from 65500 to 16300 in its 3 Wave Down Correction. Previous top was made at 19000 in December, 2017 also a support level. Fibonacci 78.6% retracement from bottom 5300 to top 65500 ends at 16300, a support level. It took a support at 16300. It consolidated at 16300 till December, 2022 then started a fresh new Bull trend. Current rally has its base at 16300 with breaking a strong resistance at 46900. There is a golden cross over at 200 DMA, since then its on up trend. RSI entered in overbought zone, typically always high for Cryptos. It formed a strong base at 26000 level which is also a B Wave. Uptrend started from A Wave (January, 2023) and peaking at 30600 before it started new rally from 26000 (Completion of B Wave). Currently it has completed A and B wave. After it has broken the downward trendline and continuously going up, may give a chance for long position with handsome gains. The current C wave could prove to be very strong which may prove to breach an all time high of 65500 on weekly basis.
Warning and Disclaimer:
Above prediction should not be taken as financial advise, it is a personal opinion.
Consult your financial advisor.
Investment is subject to market risks.
Past performance is not the guarantee for future performance.
It is for educational purpose only.
Trading Vs Investment In INDIAN STOCK MarketThere are so many opinions are running in the market in the name of STRATEGY.
Somebody is saying -"Investment is safer than trading."
But not similarly nobody or rarely anybody is saying ' trading skill is very important to know'
Then what to do? Discussing problem is not the solution obviously.
In a very simple format I can say.
Example:
You need Rs.30k per month as income.
If you have skill to generate 2% ROI from X cap, then you need 15L corpus in hand.
Your strategy must have some valuable points Risk Reward, Minimum Cap Req, ROI and Frequency of trade.
Now coming to the conclusion. If you don't have 15k corpus and you don't have skill to generate 2% ROI per month then 30000 per month expectation is useless. So trading and investment nothing will work here. But if you no need to earn monthly from this market then INVESTMENT is completely fine. But if you need earning regularly then you need to know trading and investment both. So both skills are important depends upon your requirement.
I hope this will give a brief view on trading and investment.
Please let me know if you want to know more insightful topics like that or any specific topic that I can share with you.
BUY BTCUSD 64700, SL 64350, TGT-65800/66000Hello Dear Followers,
as i just analysis the chart in 30m and 1H chart also 4H chart, in three of them made Bullish Engulfing, 4H chart, a Big Bullish Engulfing this is very important candle for market in 4H chart, and in 30m today low 63900 made a long wick Doji candle and also made again a Doji candle at 64450, and price generate BOS and now price also got a correction till 64650, so, i think it will go up so, guys , buy
