Limit buy №1 - 7600 №2 - 7450 Stop loss for all buy- 7200 Take profit - №1 - 8750 №2 - 9080
Sell BTCUSD - 8150-8230. Stop Loss - 8300 take Profit - 7550.
All traders and investors should be aware of two sets of key dates in BTC: 1) The date that Bitcoin Futures contracts expire (shown on the chart in black in the past, and orange in the future) Futures contracts let traders bet on whether the price will rise or fall, without actually having to hold bitcoins. Whilst in principal the start of these should push...
Until now, Day trading of #futures $btc1! with the #volume associated looking reversal. But need more time to be validated. We need to see spot market #BTCUSD breakout continues to new highs with other major #cryptocurrency. Note that: #RSI Breakout is valid positive signal
Hello. Returned to the original version with a triangle, but with a possible reassembly. 1) Going down, everything is clear: the wave (iv)-red is completed (alternatively, it is already completed - orange) and plunges farther down. There is a nuance: 5 wave can be like a simple quick impulse (relevant news background may appeare), as well as a long saw in the...
Hello. The local decline is almost completed, further the correction in the wave 2-black could follow. While there are great chances for a bottom test below 6000, however, it seems as the end of the 5-wave (i) - (v) in the wave c (circle)-red in the triple a-b-c (circle) - red, which is part of the wave 1-black in the possible final diagonal triangle-black. Also,...
Price showed another upward impulse, giving correction tonight. There are 3 options on the agenda: 2 for bulls and 1 for bears. 1) (light-blue), the price formed the i-blue wave, and now the iii-blue wave is starting to form: current purchases below 7400 will stand and go further; 2) (blue), the price forms the input wave i-blue in the form of a wedge with an...
Waiting no reach the expected sales level, and after the beginning of the local correction in the wave ii-blue, decided to quickly pick up the longs. At the moment, the wave structure indicates growth, but this does not exclude the possibility of an unexpected price reduction.
Hi Trading Viewer, This morning I saw a 3-way divergence in the RSI and MACD in the 15 min. In my opinion it was the first bullish signal. But my post - searching the low 3.0 but I deleted 10 minutes after publishing. But you can still see it on my Twitter account twitter.com But now the first idea established an Impulse and now the Bitcoin has made a higher...
Since yesterday, little has changed. The price slowly decreases in the local wave (B)-blue, in which the triple with the finale diagonal triangle in the wave (c)-red. As well as yesterday I expect a pitch in the wave (C)-blue, and following decline in the wave C-red may continue.
I guarantee that they will be located exactly there, but about point 4 we'll talk in detail. Pay attention to fibo levels, there we caught the ideal tunnel between 50% and 78.6%. I removed additional Fibo levels, coinciding with 0% so they won't clog the chart. So now we can find our next minimum, which will be enough for any opened futures and futures that have...
The price is slowly pulled into the basement, hinting at a possible "long" homocide. There is nothing much to say now. Looking at future events, can't find nothing super hype: boring. Black option target (assuming earlier completion of the triangle in (B)-black) is the area of 2500-1500. While blue option target starts from 9000.
Yesterday, the price marked the local bottom faster than it was expected. The correction from 10,000 looks complete. Perhaps buying a little is worth it. Also, a critical scenario was added: early ending of the triangle in the wave (B)-black and the plunge in the wave (C)-black, which is marked at the bottom of the graph, and possibly will take a form of (I) -...
The price catches its breath in the wave IV-red ((c)-red wave). After another round of decline, the market may recover: pessimistically to 9000 area, while optimistically - above 13,000 in midterm. Locally, you can try selling with a stop loss above 8000; on condition of working out the orange zone before another micro growth.
Due to the yesterday’s sharp plunge the short play was not possible. The local bottom has been updated; moreover while the price falling out of the range, and the model by its’ decline nature reminds the wave "c", looking for sales is not as interesting as it was yesterday: stop losses are too high. Recently I’ve studied the logic of the last 3 months, as well...
The primary growth impulse is a big question right now. The hypothetical model is pointed on the graph. You can but only after working out the yellow zone around 9000. Today, the optimal solution would be to sale from the specified range, because the parameters of risk and profit and the shift of volumes indicate.
There are still options where the decline continues within the the correction model framework (or another). However, this doesn't mean that it's not worth buying. The risk in the market is always present. The question is the correctness of personal money-management. You can try to buy with short stop-loss at the top of the 1-blue wave. In case the stop loss works...