Bitcoin-Don't try to catch a falling knife, sell rallies insteadTwo days ago I warned that Bitcoin could fall and since then, the price has lost more than 20%.
After such a dive is normal to expect a correction and this, indeed, is very probable.
However, if you are a short-term trader and you are not a buy-and-hold one, trading against such a strong move is extremely dangerous.
Considering the importance of the break after more than 4 months of consolidation the safest way to trade is to sell rallies.
At this moment 18k-18.5k represents a strong ceiling and in this zone (if is reached) traders should look for selling opportunities.
In my opinion, Bitcoin has not reached the bottom, and a new wave of selling will follow an eventual correction.
Btcsignals
#BTC/USDT 4HOUR UPDATE !!Hello, welcome to this BTC /USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-The 4-hour chart paints a clearer picture of potential short-term targets for Bitcoin. After weeks of consolidation, the price has finally broken above the $20K resistance level, turning it into a potential support area.
The recent rally was launched after an impulsive bullish breakout from the bearish trendline, and the market is now trying to hold above $20K. If this level remains intact, a continuation toward $22,500 would be likely.
However, the RSI indicator should be closely monitored as it shows massive overbought signals, pointing to a potential reversal. In this case, the recent rally would be considered another bull trap and fake breakout, which would result in the price descending back toward the $18K support area.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
GOLD SETTING UP FOR A DROP OF ABOUT 8000+Gold has been on overall fall and seems to continue as a touch at the .618 & .50 FIB region will trigger the sells momentum and most importantly rewarding SWING TRADERS with over 8000 Pips of the next couple of trading days depending on the volatility in the market + other fundamentals to trigger this technical play out.bring the price to $1620 per Ounce.
PATIENCE IS NEEDED TO ALLOW THE CONFIRMATION OF THE PLAY OUT!
📉✌BTC 15Min long Position✌📈Hi traders,We're back!!!
Between NOW and the entry area, you can open a long position in two steps.
If the price rises and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5 are on the chart.
The optimum stop-loss is below the determined area.
!!! If the bottom of the channel got broken with a strong candle, find a suitable exit position as soon as the price returns to the range of the entry point !!!
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Bitcoin - WATCH OUT ❗ BULL TRAP 📈Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
From a chart analysis, I have been watching this major triangular consolidation for a while and optimistically hoped we would see a clean breakout above the white resistance zone. In other words, see a few daily candles CLOSE ABOVE this zone. What we see instead, is lower highs and wicky range trading.
From a technical indicator perspective we can see high volume with little price action. This means, that currently there is an equal amount of buyers and sellers. Nearly the same amount of people are bullish and bearish on Bitcoin, which causes the price to trade in a range. The nest thing to remember, is that range trading attracts algo's / algorithmic trading bots. Algo's specialize in shaking people out of their positions, aka stop hunt. This means that the price might increase to just above the resistance zone where most short sellers will have their stoploss, and then the price falls again to just underneath the support zone where most long buyers have their stop loss set.
So what can we take from all of this? SPOT . If you have to trade now, spot trading is definitely your safest bet during this time of the market phase, which is the accumulation phase according to the Wyckoff Method cycle.
Algo bots are notorious for their activity during the accumulation phase, so don't take low-reward high-risk trades!
Want to know which ALT I am bullish on ? Check out this idea:
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CryptoCheck
📈✌BTC 4H Long Position✌📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders,We're back!!!
First take a look at my previous analysis and positions on TRXUSDT and others.
between now and the yellow area, you can open a long position in two steps.
If the price rises and reaches the TP1 level, you can risk-free the position.
TP1-2-3-4 are on the chart.
The optimum stop-loss is below the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
BTC/USDT 12Hr UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: -Bulls tried to break the long-descending trendline but couldn't able to give close above it and also got rejected from the horizontal resistance.
Still, the monthly close is above the key level support of $18,500, which is a positive sign for the beginning of this month.
BTC needs a successful breakout above the key resistance level of $20,400 for the bullish confirmation in the market
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USDT :: Descending, but in what way !?BTC/USDT :::
<<< The general trend is downward >>>
First mode :
for a while the upward trend and hitting the resistance range of 34,000$ to 40,000$ and finally the downward trend .
The second mode :
The downward trend is integrated with short-term corrections .
In general, it depends on the direction of the triangle break .
<<<< Top ? Or Down ? >>>>
#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC/USDT UPDATE:-BTC Very Strong Support BTC Is Strong Support Between $18700 to $18500 If BTC Breaks Down Side $18500 Our Chart Will Be Invalid
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
Bitcoin- A final spike down before reversal?Since the 68k ATH in November last year, Bitcoin is dropping and dropping, and dropping again with all rallies being sold.
However, at this moment, in my opinion, we are very close to a reversal and as I'm not a "tu da munar", I'm not "tu da gounder" either.
In the past 3 months, Bitcoin has drawn an H&S on our chart and a break under support would put pressure again on the main cryptocurrency, although the target for the pattern and also other types of analysis suggest a low of around 12k, I think we will not touch this.
A spike under this support is not out of the question though but, as I said, I expect a reversal after this final drop.
15500-16k could be a good place to buy and a price of above 25k by year's end is very probable
BTC/USDT 4H 22.09.19Hello crypto community and my followers, please if you like ideas do not forget to support it with your like and Comment and share with your friends, thank you so much
Now I'm waiting for this scenario.
I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
plan A (white) : 19500 goes to 17614 .16227
plan B (orange) : if 20226 break up , goes to 21700
📅 22.09.19
📌
BTC/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: -Bitcoin (BTC) rose for a sixth straight session to start the week, as sentiment in cryptocurrency markets remained mostly bullish.
BTC/USD rose to a high of $22,244.38 earlier in today’s session, less than 24 hours after trading at a low of $21,493.03.
Today’s rally sees the token now up by over 12% in the last seven days, with some expecting further surges this week.
Looking at the chart, the recent bullish momentum has led to price strength moving towards the overbought territory.
As of writing, the 14-day relative strength index (RSI) is currently tracking at 59.67, and this comes following a recent breakout of the 55.40 resistance point.
In addition to this, the 10-day (red) moving average is now on the cusp of a cross with its 25-day (blue) counterpart, which could signal further surges in price.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin- Will it break above 22k resistance?After the false break under 19500 support, Bitcoin has reversed strongly and has gained 10% in just one day.
Now the price is consolidating just under 22k resistance and a break above is probable.
The structure is bullish as long as the price stays above 20.400-20.800 zone support and dips towards this zone should be bought.
Next target for bulls is 25k zone resistance
#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:- 4-hour timeframe, after forming the same continuation correction pattern for the third time and consolidating inside, the price finally broke the lower threshold. This resulted in a massive decline to the $18K support level.
This is the most crucial level for the bulls to defend. If the bears successfully push the price below this critical level, another clash for power will likely occur.
However, there is a considerable bullish divergence between the price and the RSI indicator in this timeframe. The formation, alongside the sentimental power of the $18K support level, indicates a potential reversal in the next few days.
The current question is whether the bulls can hold this support for the fourth time. Next week’s price action could be a clue to determining the outcome.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
📈✌BTC 4H Long & Short Positions✌📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT.
Right now, the price is stuck between two important levels and it may rise and then fall again.
first, it can reach to 20157 level and then start falling again to lower levels.
Just don't forget to risk-free your position when it reached the first take-profit
TP1-2 are in green ==> for long position.
TP1-2-3 are in red ==> for short position.
The optimum stop-loss for each position is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
#BITCOIN 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-Like I mentioned in the previous update BTC may bounce from here and the resistance of BTC which is close to $20.1k from where BTC bounced back and BTC fell to its resistance We are back to updating you the same chart from here let's tell you that btc is still trading further of the wedge channel if the channel upside btc breaks then we can see BTC one time $20.7k if btc breaks the lower trend line of the wedge channel so we can see drop in btc thanks stay tuned for updates
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin needs to decideThere are 8 days now with Bitcoin trading in a tight range of around 5% so the main cryptocurrency should decide its future direction sooner rather than later.
At this moment the levels of support and resistance are very clear at 19500 and 20500 respectively.
A break to the upside would expose the 22500 resistance and a break under 19500 would expose the recent low under 18k.
In my personal opinion, there is a higher probability of a down break with both strong USD and weak indices not being in a favor of an up move.
Making a million - stage 2!To make sure the project has order, it would be wise to dedicate a page for each stage of the project. Stage 2 is now in action: trading within a range of 600-1,500 USD. Accordingly, I will provide my TA on this page with entry and exit points until I move to the next stage. Let's start!
Making a million - swing trading and scalping!The goal of the project is to make 1,000,000 USD from 320 USD on futures. Using trading strategies the project will show mechanisms and nuances of the real intraday and medium-term trading in maximising opportunities and making profit. Place your bets, gentlemen! )
Foreword
I received an email from one of my exchange accounts, which frankly speaking I have completely forgotten about, that 320 USD in commission has been credited to my account by my broker. I have not worked with this broker for a long time due to personal preferences, however, I decided not to withdraw such an insignificant amount and instead turn it into a million dollars by trading it on futures.
What is my incentive?
I made my fortune a long time ago in stocks and forex. When trading futures, I used 1:20 leverage and a hefty deposit, which offered a moderate risk. The incentive in this case for me is to make a million dollars using 1:100 leverage and a small deposit. The risk in this instance is much greater and the amount is less - this is my interest! I also continue to trade my main assets in my other accounts using a similar strategy, but with minimal risk and trading long term.
Trading strategy
My trading style is swing trading. However, in the accumulation and distribution phases I will resort to scalping using 15M. My forecast of price movement is based on various patterns and analysis of trend, candles, volumes, figures and divergences. I confirm my entry and exit points using signals from numerous indicators and oscillators.
The probability of an making error, however, may still be present. Whatever one may say - it is still a market with a degree of uncertainty! Therefore, a careful risk management policy will prevail.
Trading criteria
Leverage =1:100
Stop Out = 50.00%
Main instrument = BTC / USD.
Alternative secondary instruments: Forex, Metals, Oil , Indices,
Timeframes = 15M - 1D
Project management
Technical analyses (TA) will be published under the heading "Making a million". In my TA, I will publish strategies with entry and exit points and keep records of Profit & Loss (PNL). Weekly statement of my balance - will be provided on this page on Sundays. If you are interested in keeping up with the progress, then consider adding this page to your favorites!
The plan for deposit's growth is divided into 15 stages:
1. 320 - 600 USD
2. 600 - 1,500 USD
3. 1,500 - 3,000 USD
4. 3,000 - 6,000 USD
5. 6,000 - 10,000 USD
6. 10,000 - 15,000 USD
7. 15,000 - 25,000 USD
8. 25,000 - 41,000 USD
9. 41,000 - 65,000 USD
10. 65,000 - 100,000 USD
11. 100,000 - 150,000 USD
12. 150,000 - 250,000 USD
13. 250,000 - 400,000 USD
14. 400,000 - 600,000 USD
15. 600,000 USD - 1,000,000 USD
Goal's achievement
I cannot predict how long exactly it is going to take to achieve my goal as a lot will depend on the dynamics and volatility of the market for the selected instruments. To get to a successful outcome, balanced decisions with minimal risks would need to be made. Therefore, there is no reason to rush.
Your participation in the project
I invite you to take part in this project in terms of observers or users! It should be quite an educative rally. It would be good to get your feedback including ideas and comments about "Making a million" project. I am in favour of running a forum format in which you can discuss mutual topics adhering to professional etiquette.
Please note
By providing my technical analysis in my articles, I do not encourage anyone to trade according to my strategies, because risk management and leverage are individual in every single case. Please be aware!
A kind request
Please do not publish any charts or technical analysis on this specific page. This page was created solely for the purpose of the project' presentation and its weekly reporting.
Contacts
I will much appreciate if you do send any PMs! I'm a trader, not an oracle. In my individual articles, however, I will be glad to receive your comments and support! Please be constructive when making your argument to keep it more productive for everyone.
My official content - is on this site!
Profitable trades to you and good luck in trading!
Though I am not aware, it is possible that someone else has already done or is doing a similar project. In any instance, it does not matter. I am doing a personal project the way I see fit and that's the beauty of it!
Start of trading: 10 May 2022 ‐ insignificant trading
Deposit amount: 319.94 USD
An idea for the project: 17 July 2022
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3 August 2022 = 968.50 USD (start date of online project and active trading)