BINANCE:BTCUSDTPERP Hi guys,
I have ben searching the internet to get the complete lists of binance futures and spot crypto. it was boring to add each asset manually ! I decided to make it myself.
i'm gonna copy and paste the list for futures as available at time of writing. You can download complete crypto lists and updated every day on my website, it's free....
BTC USDT Perpetual Future Making Flag and pole target can be lower zone for short
Bearish Flag on hr Time frame BTC USDT Binance
This is just an analysis and not a trading call/signal
Bitcoin found strong support at 55.6k and bounced from there. It is forming a double bottom and can move higher to 64k if it breaks 59830.
It is a good time to long BTC. Stay careful with alts and only trade them with an event-based strategy.
LONG BTC 5X Leverage
Enter: 60250
TP: 63510
SL: 57162
The call is only an idea and not financial advice. Trade at your own...
BOUGHT some BTC at 57000. First target 63000 and second will be near 67000 and final 70k.
But the pattern was BEARISH EXPANDING for few days i will go for LONG.
Ideas for learning Only.
If you find this helpful and want more trading/Investment Ideas.
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LIKE & COMMENT
(worst case scenario) 52-54k is an important level and we can expect a bullish impulse from there for the next ATH for BTCUSD. Although I personally think it's a good to enter long at 58-59k level.
There is a fib golden pocket support on level of 53k to 51k market might take pullback till 52k as a healthy pull back is required for trend continuation next leg we can see till 85k -90k within 50 days after bounce back approax 47 days to reach new high , also market is playing in a rising channel and taking lower trendline support which is primary trend line.
BTCUSDTPERP shows the pending correction as done and it can be gearing up for a rally till 70k now, risk-takers can buy at 23% rejection where a bullish candle forms with good volumes with 38% levels as stop loss and 70k as target ensuring a 1:2 RR.
BTC to 70k can become real by Christmas with such movement although some corrections seem pending a movement till 67-68k seems to be a short achievable goal.
reason to consider this pennant pattern as a valid one -
1. Uptrend
2. Good hourly consolidation
3. High ADX
4. Good Volumes
Hold for long targets but trail stop loss might give big targets same as the size of the pole although risk significantly increases due to sheer volatility
BTC is falling but a quick update up to where the fall could be.
The first bounce will be at 55k and it goes to test 60k levels again.
This might form a XABCD bullish bat pattern. Below this, the price could go to test the 52k-50k levels.
Happy trading :)
This is just for educational purposes.
BINANCE
