A great BUY trade executed on the strategy, not closing this one yet ! hold hold hold !
12.61% based on 1% account risk.
OUR STRATEGY EXPLAINED:
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal -...
1st Opinion. 👇
If BTC Successfully Breck Upper , It Could Be Touch 10400 - 10590.Then It Can Be Touch Again 9700 To Fill The CME Gap. I Have Drawn 2 Reistence Here.
2nd Opinion. 👇
If Price Breck Below The Triangle, After Closing CME Gap.BTC Will Touch 9700 To Fill CME Gap. From Here Price Will be Pump.
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Price respected resistance lovely as explained in my last BTC USD chart and now bears are pushing price down to my previous resistance turned support zone highlighted by my golden box. Once price gets to this zone i will be monitoring closely on the smaller timeframes to see if price slows down or if we can get a break through this support zone and then retest it...
I can see bulls pushing price higher from my support zone, as you can see i have a support zone marked at 10500 just to show you how well price respects key levels, bears pushed price down into this level before bulls quickly pushed price back up creating this spike (long lower wick)
As governments are pushing for a cashless society i can see cryptos becoming...
After some great momentum over the past few weeks after an extended period of consolidation, it looks like $BTCUSD could be making a head and shoulders pattern.
This would be a short term trade, long term still bullish.
Price has fallen below the 9k support area and seems to have bounced at a lower support. Lots of traders shorted this breakout that are now trapped. Price is slowly rising back up to the initial breakout level. I am expecting a breakout of the resistance followed by a short squeeze that has big upside potential.
As of writing market is accumulating below the...
. There is a possibility of temporary retracement to suggested support line (8953.78). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Bitcoin, which was experiencing a sharp decline before halving, recovered in a short time, and now it seems to keep its eyes up..
On 4-hour chart of #BTCUSD; we can state that some price movements are similar from past to present,just watch the fractals.. In technical
indicators; #BTCUSD is priced on ma50, and the gator has also produced a buy signal, beside...
. There is a possibility of temporary retracement to suggested support line (9159.3). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. BTCUSD is in a uptrend and the Continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Bitcoin is moving in a descending channel.. On the 15-minute chart, Curve T3 turned pozitive, it is likely that the price will go up for a while.. We will wait and see..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own...