BCH
BTC/USDT UPDATEHey hey my friends 👋
My thoughts are written on the chart here
The weekly time frame for now is bullish but the daily is painting bearish as well as a lot of the lower time frames
BTC can not get back above the daily 200 ema or ma and it looks like we may have a bearish cross of the 21 and 200 which will trigger more selling
BCH did one of the healthiest retest of its early breakout! As you can see BCH managed to do an amazing retest, crashing below its breakout levels. I am not a huge fan of BCH but it has definitely a really good chart. ETH just only managed to retest it's parabolic breakout, so if you are looking for an undervalued coin here you have it!
---------------- Check the charts attached to get our skills ---------------------
Some of our latest results:
ETH: short: 4320$ stop out 4454$
---> 1st target 2500$
----> 2nd target 2000$
profit(spot):52% | profit(5xLeverage): 258%
BTC: short 51k$ stop out 52k$ --->Profit: 240% (5xleverage)
------> 1st target: 33k$
------> 2nd target 30k$
Open long: 33k$ -31k$ ---> stop out 29250$. ----(Modified to break even: now we are risk of from the bottom)
Pending:
1st target: 55k
2nd target: 58-60k
Open long: 2k$ ---> stop out 1920$. ----(Modified to break even stop up to 2200$: now we are risk of from the bottom)
Pending:
1st target: 4000$
2nd target: 4200$
Thank you guy being a member of our community!
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May 21 BTCUSD Bybit Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
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Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 21th .
This is an analysis on the 20th.
Sky Blue Finger Movement Path
Failing to break through the red resistance line , sideway move finish.
Up to $5870 profit segment
Congratulations to all the profitable people.
4 hours chart.
I have marked each major section.
Check the price of the top / bottom section
Please check the upward / downward movement path.
Larger red resistance line / green support line
Within the convergence section, a trading strategy was created.
This is today's trading strategy.
It's a 30-minute chart long position strategy.
At your current location,
* Red arrow on the path of movement,
Long position strategy.
Stop loss is the green support line.
Check the target price at the top
Entering the $37475 long position -> $44686 It is waiting after liquidation.
(Short position operation is also good in the short term)
*On the path of the sky blue finger movement,
Short -> Long switching strategy
Red Resistance Line Stop Loss / Short
Purple Support Line Stop Loss / Long
That’s it for today’s strategy.
We hope that you operate safely as principle trading / stop loss is essential.
Thanks for reading.
BCHUSD - TECHNICAL OVERVIEW FOR DAILY & WEEKLY TIMEFRAMEWelcome!
What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here behind the charts, Hit the thumbs up 👍 and support the work
Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
Mohamed Khalid Rafi ,
Senior Financial Analyst,
Profitlio Trading.