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BTC UPDATE:
https://www.tradingview.com/x/PAKgzXLq/
symetrical triangle - for both price and RSI - most people would define it as a bearish sign, I personally see it bullish, i've added a sample of similar triangle at GOLD-USD from march 2019, where price had a peak, later a drop and then entered what seemd to be a symetrical triangle. results shown there as well.
What worries me is the OBV's resistance line (marked in red on main chart) - as long as we don't break it - I assume we are going to fall hard.
Bottom line - I am a bit more bullish than bearish for the next 24h, I will closely monitor my trades now as it is an important point for btc.
I read couple more analysis by various traders, they all have mixed thoughts, some mention the bullish flag on daily, some mention fundamentals that are weak, some mention elliot waves for a massive correction down..
I am sticking to an HVF pattern that once broken up - will lead us very high. like 14k - 15k - but it has to be broken first.
Have a great week guys!
https://www.tradingview.com/x/PAKgzXLq/
symetrical triangle - for both price and RSI - most people would define it as a bearish sign, I personally see it bullish, i've added a sample of similar triangle at GOLD-USD from march 2019, where price had a peak, later a drop and then entered what seemd to be a symetrical triangle. results shown there as well.
What worries me is the OBV's resistance line (marked in red on main chart) - as long as we don't break it - I assume we are going to fall hard.
Bottom line - I am a bit more bullish than bearish for the next 24h, I will closely monitor my trades now as it is an important point for btc.
I read couple more analysis by various traders, they all have mixed thoughts, some mention the bullish flag on daily, some mention fundamentals that are weak, some mention elliot waves for a massive correction down..
I am sticking to an HVF pattern that once broken up - will lead us very high. like 14k - 15k - but it has to be broken first.
Have a great week guys!
Thats my current trade, super risky but I have confident in it
Entry up to 11400
Stop at 11200
Targets are marked in green
https://www.tradingview.com/x/bP3mQkpx
Entry up to 11400
Stop at 11200
Targets are marked in green
https://www.tradingview.com/x/bP3mQkpx
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Thats my current trade, super risky but I have confident in it Entry up to 11400 Stop at 11200 Targets are marked in green https://www.tradingview.com/x/bP3mQkpx
Overnight - 11625 target was hit
currently trading at ~11500
currently trading at ~11500
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Overnight - 11625 target was hit currently trading at ~11500
2nd target taken - 11975, reached 11976 🤑
🎓Market Update🎓
Bitcoin has just broken through $12k and it looks like its well on its way towards a new high at the very least! The Altcoin market has taken another massive blow today.
There are opportunities to buy Altcoins at better prices than ever before, but some people call this catching daggers. BTC is where the action is at, so don't part with it lightly.
Next Targets: $12 600 - $14 110
Bitcoin has just broken through $12k and it looks like its well on its way towards a new high at the very least! The Altcoin market has taken another massive blow today.
There are opportunities to buy Altcoins at better prices than ever before, but some people call this catching daggers. BTC is where the action is at, so don't part with it lightly.
Next Targets: $12 600 - $14 110
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
2nd target taken - 11975, reached 11976 🤑
3rd target hit 12600
that's 10% without leverage from entry at 11400
🤑
that's 10% without leverage from entry at 11400
🤑
🎓Trade Update🎓
It has been nearly 3 days since our call on #SC . 3 Very bloody days in the alt markets. I'm pleased to announce that the buying pressure on SIA has been strong enough to weather the worst of it.
On the daily chart, the RSI and MACD are both respecting the trajectory laid out a few days ago. Big volume is expected here within the next 10 days or so, if not, we'll cut this position.
It has been nearly 3 days since our call on #SC . 3 Very bloody days in the alt markets. I'm pleased to announce that the buying pressure on SIA has been strong enough to weather the worst of it.
On the daily chart, the RSI and MACD are both respecting the trajectory laid out a few days ago. Big volume is expected here within the next 10 days or so, if not, we'll cut this position.
🎓Trade Update🎓
Not doubt its the king Bitcoin causing ripples in the water again. It has been quite a day while traders across the globe come to terms with the new price. There are articles out about some entity selling 6500 BTC on Binance but it looks as if the bulls just can't get enough. It is confirmed, the dip has been bought, and our targets are still in play!
Ever since the breakout, the MACD has been positive and it's now moving towards its first test on the zero line. The RSI has cooled down just enough for another big move.
Moving up stop-loss on remaining position up to $12060
Not doubt its the king Bitcoin causing ripples in the water again. It has been quite a day while traders across the globe come to terms with the new price. There are articles out about some entity selling 6500 BTC on Binance but it looks as if the bulls just can't get enough. It is confirmed, the dip has been bought, and our targets are still in play!
Ever since the breakout, the MACD has been positive and it's now moving towards its first test on the zero line. The RSI has cooled down just enough for another big move.
Moving up stop-loss on remaining position up to $12060
Current bullish momentum is so strong it broke BTC.D upper trend since October 2018!
https://www.tradingview.com/x/KYju2c5x/
https://www.tradingview.com/x/KYju2c5x/
⚡️ SHORT XBTUSD ⚡️
Entries: 11860 - 11900 (wait for it..)
Stoploss: 12060
Take Profits: 11645, 11275
Leverage: x5 - x10
https://www.tradingview.com/x/GJ03OARy/
Entries: 11860 - 11900 (wait for it..)
Stoploss: 12060
Take Profits: 11645, 11275
Leverage: x5 - x10
https://www.tradingview.com/x/GJ03OARy/