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BTCBUSD

💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (47230.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 29. Take Profits: TP1= @ 53274 TP2= @ 57950 TP3= @ 59760 TP4= @ 62685 TP5= @ 64940 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (47230.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 29. Take Profits: TP1= @ 53274 TP2= @ 57950 TP3= @ 59760 TP4= @ 62685 TP5= @ 64940 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
16
PB&J - Short Trade ExamplesPB&J - Short Trade Examples - After an SMA 10 / EMA 30 Dead Cross, the time frame can be viewed from a short perspective, especially so when the market is in a down trend. I published a Weekly analysis of Bitcoin suggesting prices falling into $50,200 and $45,600. While I have long trades open at these locations, I took this opportunity to look for short opportunities on the 4H time frame, and this highlights the Nison PB&J strategy perfectly. - Wait for a pull up into the sweet spot between the moving averages. Wait for a bearish reversal candlestick pattern to close(!) and Western technical confirmation before opening a short trade. If the candle closes as a High Wave, Doji, or Pivot High, consider placing a short trade with a stop loss above the pattern high with a profit target of a recent swing low. - You can take profit in whichever way you want, selling a percentage of your position at your target and letting the rest ride, perhaps with a trailing stop. PB&J is a brilliant strategy and with expert knowledge about candlestick analysis you can make a ton of money. If you haven't learned your candlestick analysis from Steve Nison - you've learned second-hand garbage which will cost you money. Follow the white rabbit.
BITSTAMP:BTCUSD
by zerocashcool
BTCUSD - Weekly Analysis- The 2M chart is 8D away from closing and it is currently a Shooting Star bearish reversal pattern off of the $65,000 psychological number. - Price hit and reversed off of the the major 261.80% Fibonacci target and formed a Bearish Engulfing Pattern, setting horizontal resistance at $64,895.22. - Price is currently struggling to find support at EMA 8/9. - Price is below 1M Pivots P resistance. - TD Sequential Sell Setup 2/9 suggests a bearish wave until the Week of June 07. - Weekly Bearish Engulfing & Monthly Shooting Star Parallel Channel middle line is at 161.80% Fibonacci target. The middle of the trading range then reinforces support near $50,157.60. - 3M Pivots P support is directly below 161.80%. - Drawing a Fibonacci Retracement from the Weekly Bearish Reversal pattern to the 161.80% buy order gives a profit target of $53635.68, at 23.60% and EMA 8/9 resistance.
BITSTAMP:BTCUSDLong
by zerocashcool
Which of these BTC Scenarios will play out in few hours? I still think we will be retesting at least the 56K - 54K area before breaking the 60k again. If ever we breakout during the weekend, we won't see the higher targets. As of now, I have planned to enter a long position if BTC breaks $60,200 and short if it retracts $57,775. While BTC is flexing between 57.7K and 60.2K, We cannot predict the direction of the trend and I wouldn't enter any big positions at this time. J ust my opinion. Still in the learning process. Feel free to disagree/ correct me. "PLAN" before you enter a trade. Don't enter coz of FOMO! Do your own research and plan your strategy. Set your Stop Loss and Remember, "There is always another Trade"
B
by petermdraj7
Bitcoin in Consolidation. Where Next?So Bitcoin invalidated my last idea! (My my first one ever) and it seems to be consolidating between $59,380 and $57,698! If we have a breakout from this area I don't expect a higher ATH. We could potentially reach between 61k to 63k. If ever we retrace lower, My first target is $56,580 area. We could bounce off from this area (I think the 4H RSI seems to make this the more likely scenario). However, If we go lower, the next support is around $54,284. Below that would be a bit bearish for me. However, if we bounce back from the $54K area I expect a higher ATH at 68k - 74k. For now, I would not enter the market, either long or short. Just my opinion. Still in the learning process. Feel free to disagree/ correct me. And Always PLAN before you enter a trade. Don't enter coz of FOMO! Do your own research and plan your strategy. Set your Stop Loss and Remember, There is always another Trade.
B
by petermdraj7
Bitcoin BTC going to 68761$ on the small bull flag !Hello Everyone! Bitcoin might be ready to breakout from another bullflag here, the small one, but there is another bull flag that i will share with you in another post. The target of this one is around 68761$. For people who are looking for exits if this bull flag break, here are some key targets. 62911$ ont the 100% of this W5 SAFE EXIT : 61899$ 64447$ fibonnaci 561%, and 65580$ Fibo 161.8%, 65128$ is 123% on main W5. SAFE EXIT : 63950$ 68868.86$ is 161.8% of main W5 and target of this pole. SAFE EXIT : 67999$ Best to you, leave me a comment, let me know what you think. Cheers!
Long
by Crypto_Mercy