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BTC analysis-We are reaching a crucial area!Hey guys! I thought I would start doing a second forecast using the same principles I use for EURUSD trading-as they apply to all markets! We are reaching a KEY area on the BTC daily chart, we are still contained within the daily sell range and are now reaching the back of the range that started the initial move, price has been rallying for some time without a decent pullback. If we do encounter a pullback in this region we have a strong range lower that was never mitigated either this could offer some resistance and a path up still. If the current block fails-I can see us reaching for ATHs again. As always Trade safe EnvisionEJ
BITMEX:BTCUSD.P
by EnvisionEJ
Trade the markets as you see themHey guys! Todays forecast is simple and clean, we are in both a 1hr and 4hr sell range. Both of these ranges have not been mitigated (BFI's haven't protected orders) As such I am expecting a retrace to the start of the current move down before resuming the downwards trend-Price may also only pull back to the equilibrium of the move which is something to be aware of. Alternatively a sweep of the Asian session lows and a 5min buy range would offer a reasonable entry long to fill the PA before continuing lower. As always Happy Trading EnvisionEJ
by EnvisionEJ
BTCUSD {[ BITCOIN ]} (DIVERGENCE)Whats up Gang! We can see that bitcoin came to the downside, & We know its had a strong bull run so far, we can assume that this is a correction for some, for others we can see that it grabbed liquidity to the downside collecting the stoplosses of people who had bought previously, and for others lol we can see confluence, divergence, imbalance, all synonyms to the strategy that we work around. After analyzing Divergence happening With bitcoin. We can infer that PRICE will be going up! I hope you find yourselves well today, and continue to do so throughout the wee. ~ IJackPips.
BITSTAMP:BTCUSDLong
by IJackPips
BTCUSDWhats up gang IJackPips here with another outake on BITCOIN, we see definitely see price on course to the downside, hopefully touching that 24.50 - 30.00 area on the rsi under the 30min TF. this trade is ALREADY RUNNING, but we do SEE IT projecting to those three BLUE lines. thats where we would want to se eprice slow down bop in that area and wait for the next time it shows divergence to take a buy position back to the upside... SO CURRENTLY we see price falling and are happy to see yet again another trade be running blues. Tune into the livestreams whenever available. and make sure to follow like and COMMENT, and ill reply and get to you. THANKS GANG!
BITSTAMP:BTCUSD
by IJackPips
1
CHALLENGE: AUDJPY - PLACE YOUR BETSAhoy! There is money to be made and lost here! 🤦‍♂️😂 I'm short with with an affordable loss. Others may wish to go long with an affordable loss. It's not about how right you are but how much you limit your loss if you're wrong. This is a nice one for new traders to experiment with on a paper trading account. 👊 Trading is a strange activity i.e. you can't make money unless you're prepared to lose. 😟 Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
by Captain_Walker
Bitcoin Nostalgia and AweThis post is more for fun and to just tell all bears to eat a micro penis. Remember when everyone was waiting for that 30% drop to 13k? Ya well, if that 30% drop happened now it would be at previous ATH'S. Bitcoin would retrace to 20k-19.9k region. LET THAT SINKKK IN. Absolutely incredible. AND on top of that ALTCOINS ARE FINALLLY STARTING TO MOVE!! Currently ETH is at $685.00 , LINK is at $11.81, and XRP is at -$50.00 (hahaha sorry xrp people I feel bad for you for real). I can't wait to look at this post in the future. 2021 is going to be such an amazing year.
COINBASE:BTCUSD
by Absolute_Degen