Bitmex
Bitcoin Update - Updated EverydayPrice action is in a Trading Range.
Support : 11000 Resistance : 12000
{These are Zone Based Levels, We can see Overshoots and Undershoots.}
It looks like that price has completed the Bear Leg and now trying to complete the Bull Leg. I am expecting to see price at Resistance Zone. It is quite probable to see price rejecting the Resistance in first attempt but I am more inclined to see a Breakout of Resistance as on Daily chart, Bull Flag is in formation and if it plays out it is likely to see 13000.
Breaking below the Blue Trendlines will likely start the Bear Leg. You can trade them as Wedge or Bull channel.
I will be updating this Idea daily and if I find good responses then I will share the 15m Analysis too.
BTCUSD Bybit Bitcoin Chart Analysis August 14th .
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 14th .
At the top, this is the 30-minute chart that I summarized yesterday.
In the indicated, triangular convergence section,
After breaking through the red resistance line
There was a strong rise.
Congratulations to the profitable people.
It is a daily chart.
I marked each of the major sections.
I have come up with a trading strategy focusing on this part.
This is a 30-minute chart, one-way long position strategy.
Blue path, long position entry section, timing,
Finally, under the condition that it does not reach the pink line
Short position switching.
When Pink line touched, it can rise strongly,
Be careful.
When deviating, pay attention to the red finger section.
And , Same as strategy,
If a blue path appears
Spot exchange,
Bitcoin SV, Bitcoin Cash
I recommend,
In the red path
It is a major altcoin.
Thank you.
BTC The bulls are back! Target $13,900BTC failed to break and hold below 11500.
Flag forming after a decent bullish run. Completed 5 touches within the channel so now looking for a failed attempt at a 6th touch on the lower trend line which will create a HL then a push out of the flag for the next bullish run. Support now created at around $11,430 so expecting the HL to be created around there.
RSI is currently still sitting above support which adds to my bullish bias.
Targets:
One - $12,000
Two - $12,500
Three - $13,267
Four - $13,887
Five - Moon
I won’t be bearish on BTC unless we break and hold below $10,500.
BTCUSD Bybit Bitcoin Chart Analysis August 12th
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 12th .
This is a 30-minute chart created in real time yesterday.
After leaving the blue path,
On the left and red finger section
Exactly, there was a downward movement.
However, in the circled section on the left,
Green parallel line
Because of mislabeling,
The support line deviated from the rebound section.
That's my mistake.
In the future, so that we can give you better information.
I'll try my best.
4 hours chart.
This is the main section of the day.
The title is, Spear and Shield.
Check the main section.
Focusing on this part, I have come up with a trading strategy.
30 minutes chart, neutral strategy.
Centering on the green support line,
Check the blue path / red path.
On the spot exchange,
In the case of the blue path,
As a major altcoin and bitcoin related coin,
Operate the same.
In the case of the red path,
You can operate it with ETC altcoins.
Thank you.
The bulls are still in control!
Following up from my Inverse head and shoulders posted on the 29th of July here we have the perfect breakout
I have indicated on this chart a strong break through resistance, which has now become a strong support zone
buyers pushed up and formed a double top and the price fell to $11500
however that strong support line pushed price back up so quickly that Bitcoin didn't break trend.
once we move from the consolidation zone and break resistance I think we will see further price action up to $12900
**NOTE** Always remember the trend is your friend
XBT 4hr
EOS BitMEX Analysis - Possible Trade Set-upPrice is rejecting the Resistance Zone. I expect price to go atleast go down till the mid.
We can see price is sideways after a Bear Leg.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
MX EFFECT SHOWS THAT 7700-7800 SHOULD BE HIT SOON! Be alertas you have seen, the mx effect still expect the crash to 7700-7800 area or lower, before we can have a stable or normaly- healty up trend.
Its not my first time i use MX effect for bitcoin. when i add a post about MX effect most think it should need hit directly, this not need always to happend, but it means soon as the MX choice the right side and end it should be hit. i still expect that area 7700-7800 coming. and yes expecting depending on data that this month JUNE should be the crash month.
we have seen a lot of whale manipulation lately, and a lot of people have lost money thinking that they are too late to enter the board. everything built on manipulation will fall. and as i know BTC price is built on manipulation since 7700 usd area . and the most top manipulation are at 9K area.
I personally assume that we will say bye to 9K area soon.
# this is not an trade advice, and its my personaly expecting depending on my data.
# Like/follow. thanks.
Bitfinex whale sent 95% of them assets to exchange what is this?Since 2019-08-16 the bitfinex whale hold bitcoin, and since last days until now, the whale sending amounts to exchange. some of the amounts already sold, and some still on the exchange ready to sell. the bitfinex whale have already sent 95% of them BTC assets to exchange, some sold, and some parts still on exchange. what means this?? all holding are since 2019-08-17 ( whale with 100k + btc) and now just 5K around on balance holding, the big part rest still on exchange. there are also some usdt manipalations to make the price to fake pump.
# we should be alert of this.. a big crash coming as expect. as the mx effect track the whale effect, this be this also the reason that bitcoin should drop.
# if you like the post pleas give it a like
# expecting the 7700 area soon.
THE LAST 3 days of the crash TR depending on MX effect. BE ACC..according to MX effect this should be the last 3 days of possible crash trend that will take place, nobody knows the future, but because this mx effect has shows before more times the right signal did i use it for long term, and it has recently been used as a strategy of my using.
Again we cant see the future. I did expect from 10k + a down trend, and did add before to build a short postion, depending on MX effect signal.
exciting time is coming. we will to see if the mx effect is again right.
# the most will not believe that its possible bitcoin will crash into 7700-7800 area in this short time.
# MX EFFECT
Like and follow - Thank you
MX effect will be right again! JUNE ARE THE CRASH MONTH As the most know depending on MX effect i did expect that this month June will be the crash month. and i still expect that this will happend. the price are now above 9200. ( this weekend are very important for the trend).
The weekend can be very important for BTC.
# the history of MX effect was all time right with long term updates. and this time it need proof it again.
# small trends
As we all know big amounts of btc will get expire over some hours also.
Have good time.
# Like, follow - Thank you.
BTC - IMPORTANT - BULL SEASON ABOUT TO BEGIN THIS MONTH?We have reached the most critical point in 3 years time,
With USA printing unlimited money and giving away ridiculous stimulus checks, NASDAQ and SP500 are pumping really hard which are totally silly bear rallies, they are about to collapse and they will be collapsing soon - september !
But WHAT ABOUT US?
Next 3 weeks will show us IF WE HAVE ENTERED THE BULL MARKET RIGHT NOW OR WE WILL WAIT A COUPLE OF MONTHS MORE.
Yes, only a couple of months left for this crazy 3 year bear season to end!
If we close below 12K this month, I am expecting a collapse in BTC with S&P500 and NASDAQ which will be a little bit concerning BUT only will be the LAST collapse we will have before the crazy bull run. It will optimally be at 6000k, but can go deeper if the global markets decide to collapse more than 50 percent in a month...
HOWEVER, WE WILL BE RECOVERING PRETTY QUICKLY, AND WILL BE ENTERING THE BULL RUN SOON.
Dollar will collapse, Gold, Silver and our DIGITAL GOLD will be rising....
Lets see what is going to happen, this is the most important month of the whole 3 years time.
XBTUSD Trading Setup#XBTUSD #Bitmex #1hr
- BTC recently broke the recent high and made a higher high.
- Now the previous high might be considered as a major support.
- The trading setup below is worth taking a risk for a mediocre risk-reward ratio.
- Note that the 1hr RSI has shown pretty decent bearish divergence signal.
Short-term Long Trading Setup
EP: 11480.0
SL: 11405.0
TP1: 11580 (RR:1.33)
TP2: 11660 (RR: 2.67)
Bitcoin - In the middle of the rangeAfter a sudden drop from 12,000 a couple of days ago, the price has calmed down a bit and is now moving in the range between $11500 and $10800. Currently in the middle of it.
From the one hand, this sharp rejection could be a start of short-term bearish reversion, but on the other hand, it holds strong, constant prints of $120MM Tether, at least 3 days in a row and Dave Portnoy express a desire to understand today how to buy bitcoin (weak statement, but it could lead an army of Robinhood traders to the crypto.
Currently without a position, buying down wicks into $10800 zone and selling $300-400 higher, i.e small scalps with relatively small size.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
Bitcoin had a wild run, could cool for a whileOBSERVATION: so we had a wild run & looks likely we gonna chill(avoid dumping) for a while. If the channel is respected, it will keep the trends short. It has a 5% width tho, which is enough to catch a couple of good 1% trades on high leverage, but caution is advised.
BTCUSD Bybit Bitcoin Chart Analysis August 3th
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 3th .
This is the 30-minute chart I left last week.
After the upward trend,
At the top peak,
There was a significant drop to the bottom " touch line" .
On a Sky blue parallel line basis,
Sky blue resistance line -> support line movement,
checked it,
Until the touch line, there was a strong drop.
Usually, when the chart movement is unknown
Parallel lines are very helpful.
Please refer to it.
Congratulations to those who made a profit.
This is a Weekendly candle.
Today a new weekendly candle, daily candle was created.
Since the listing of Bitcoin Futures,
Weekend movements are not very important.
The bitcoin futures market is important.
The red danger section
Newly created today,
Weekendly candle, daily candle bottom section,
And , The gap that occurred on the weekend was marked.
Focusing on this part, I brought a trading strategy.
30-minute chart, one-way long position strategy.
Based on the green parallel line,
I brought a Trading strategy.
Blue movement path / long position entry section, entry timing check.
The long position target is a red resistance line.
If you can't break through,
In the purple finger section, entry short postion .
On condition that they do not deviate from the green support line,
Long position switching.
When falling vertically, pay attention to the red finger at the bottom,
In the blue path,
Note to " Bitcoin SV",
At the time of departure, at the red finger timing
You can also operate with other altcoins.
Good luck.
Thank you.
August 3th BTCUSD Bybit Bitcoin Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 3th .
This is the 30-minute chart I left last week.
After the upward trend,
At the top peak,
There was a significant drop to the bottom " touch line" .
On a Sky blue parallel line basis,
Sky blue resistance line -> support line movement,
checked it,
Until the touch line, there was a strong drop.
Usually, when the chart movement is unknown
Parallel lines are very helpful.
Please refer to it.
Congratulations to those who made a profit.
This is a Weekendly candle.
Today a new weekendly candle, daily candle was created.
Since the listing of Bitcoin Futures,
Weekend movements are not very important.
The bitcoin futures market is important.
The red danger section
Newly created today,
Weekendly candle, daily candle bottom section,
And , The gap that occurred on the weekend was marked.
Focusing on this part, I brought a trading strategy.
30-minute chart, one-way long position strategy.
Based on the green parallel line,
I brought a Trading strategy.
Blue movement path / long position entry section, entry timing check.
The long position target is a red resistance line.
If you can't break through,
In the purple finger section, entry short postion .
On condition that they do not deviate from the green support line,
Long position switching.
When falling vertically, pay attention to the red finger at the bottom,
In the blue path,
Note to " Bitcoin SV",
At the time of departure, at the red finger timing
You can also operate with other altcoins.
Good luck.
Thank you.