BTCUSD Update: Profit=340900 SL=78800 Reward/Risk > 4.3:1 Trade Setup summary:
Profit targets=340900 pip (28000 + 56500 + 91400 + 165000)
Stop Loss =78800 pip
Reward/Risk > 4.3 : 1
Current Status:
Total Profit: 111758 pip
Closed trade(s): 38558 pip Profit
Open trade(s): 73200 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 :
Closed Profit:
TP1 @ 11420.0 touched at 2020.08.01 with 5279 pip Profit.
TP2 @ 11700.0 touched at 2020.08.01 with 33279 pip Profit.
5279 + 33279 = 38558
Open Profit:
Profit for one trade is 11611.21(current price) - 11367.21(open price) = 24400 pip
3 trade(s) still open, therefore total profit for open trade(s) is 24400 x 3 = 73200 pip
Break Even 0.658
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 69.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (11420.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP2= @ 11700.0
TP3= @ 11985.0
TP4= @ 12334.0
TP5= @ 13070.0
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Btcdollar
BTCUSD Update: Profit=622900 SL=94000 Reward/Risk > 6.6:1Trade Setup summary:
Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400)
Stop Loss =94000 pip
Reward/Risk > 6.6 : 1
Current Status:
Total Profit: 272400 pip
Closed trade(s): 272400 pip Profit
Open trade(s): 0 pip Profit
Trade Setup:
We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 :
Closed Profit:
TP1 @ 9285.00 touched at 2020.07.21 with 7300 pip Profit.
TP2 @ 9384.00 touched at 2020.07.21 with 17200 pip Profit.
TP3 @ 9475.00 touched at 2020.07.22 with 26300 pip Profit.
TP4 @ 9712.00 touched at 2020.07.25 with 50000 pip Profit.
TP5 @ 9900.00 touched at 2020.07.26 with 68800 pip Profit.
TP6 @ 10240.0 touched at 2020.07.26 with 102800 pip Profit.
7300 + 17200 + 26300 + 50000 + 68800 + 102800 = 272400
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (10856.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP1= @ 11420.0
TP2= @ 11700.0
TP3= @ 11985.0
TP4= @ 12334.0
TP5= @ 13070.0
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BTCUSD Update: Profit=622900 SL=94000 Reward/Risk > 6.6:1 Trade Setup summary:
Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400)
Stop Loss =94000 pip
Reward/Risk > 6.6 : 1
Current Status:
Total Profit: 272400 pip
Closed trade(s): 272400 pip Profit
Open trade(s): 0 pip Profit
Trade Setup:
We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 :
Closed Profit:
TP1 @ 9285.00 touched at 2020.07.21 with 7300 pip Profit.
TP2 @ 9384.00 touched at 2020.07.21 with 17200 pip Profit.
TP3 @ 9475.00 touched at 2020.07.22 with 26300 pip Profit.
TP4 @ 9712.00 touched at 2020.07.25 with 50000 pip Profit.
TP5 @ 9900.00 touched at 2020.07.26 with 68800 pip Profit.
TP6 @ 10240.0 touched at 2020.07.26 with 102800 pip Profit.
7300 + 17200 + 26300 + 50000 + 68800 + 102800 = 272400
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (10856.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP1= @ 11420.0
TP2= @ 11700.0
TP3= @ 11985.0
TP4= @ 12334.0
TP5= @ 13070.0
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Don't miss the great buy opportunity in LTCUSDMidterm forecast:
. While the price is above the support 22.50, beginning of uptrend is expected.
. We make sure when the resistance at 50.65 breaks.
. If the support at 22.50 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
. While the RSI uptrend #2 is not broken, bullish wave in price would continue.
. A trough is formed in daily chart at 41.30 on 07/16/2020, so more gains maximum to Major Resistance (50.65) is expected.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index (RSI) is 67.
Total Profit: 22 pip
Closed trade(s): 0 pip Profit
Open trade(s): 22 pip Profit
Trade Setup:
We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry method at 2020.07.25.
Open Profit:
Profit for one trade is 47.51(current price) - 47.49(open price) = 2 pip
11 trade(s) still open, therefore total profit for open trade(s) is 2 x 11 = 22 pip
Take Profits:
TP1= 50.65
TP2= 56.05
TP3= 63.35
TP4= 74.35
TP5= 84.60
TP6= 104.45
TP7= 118.80
TP8= 146.55
TP9= 196.55
TP10= 237.40
TP11= Free
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BTCUSD Update: Profit=373800 SL=81600 Reward/Risk > 4.6 : 1Trade Setup summary:
Profit targets=373800 pip (24200 + 34100 + 43200 + 66900 + 85700 + 119700)
Stop Loss =81600 pip
Reward/Risk > 4.6 : 1
Current Status:
Total Profit: 70348 pip
Closed trade(s): 24500 pip Profit
Open trade(s): 45848 pip Profit
Trade Setup:
We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 :
Closed Profit:
TP1 @ 9285.0 touched at 2020.07.21 with 7300 pip Profit.
TP2 @ 9384.0 touched at 2020.07.21 with 17200 pip Profit.
7300 + 17200 = 24500
Open Profit:
Profit for one trade is 9326.62(current price) - 9212.00(open price) = 11462 pip
4 trade(s) still open, therefore total profit for open trade(s) is 11462 x 4 = 45848 pip
Break Even 0.658
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (9220.00) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP1= @ 9285.00
TP2= @ 9384.00
TP3= @ 9475.00
TP4= @ 9712.00
TP5= @ 9900.00
TP6= @ 10240.0
SL= Break below S2
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BTCUSD Update: Profit=373800 SL=81600 Reward/Risk > 4.6 : 1Trade Setup summary:
Profit targets=373800 pip (24200 + 34100 + 43200 + 66900 + 85700 + 119700)
Stop Loss =81600 pip
Reward/Risk > 4.6 : 1
Current Status:
Total Profit: 70348 pip
Closed trade(s): 24500 pip Profit
Open trade(s): 45848 pip Profit
Trade Setup:
We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 :
Closed Profit:
TP1 @ 9285.0 touched at 2020.07.21 with 7300 pip Profit.
TP2 @ 9384.0 touched at 2020.07.21 with 17200 pip Profit.
7300 + 17200 = 24500
Open Profit:
Profit for one trade is 9326.62(current price) - 9212.00(open price) = 11462 pip
4 trade(s) still open, therefore total profit for open trade(s) is 11462 x 4 = 45848 pip
Break Even 0.658
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (9220.00) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP1= @ 9285.00
TP2= @ 9384.00
TP3= @ 9475.00
TP4= @ 9712.00
TP5= @ 9900.00
TP6= @ 10240.0
SL= Break below S2
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Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9096.0). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 9303.0
TP2= @ 9484.0
TP3= @ 9791.8
TP4= @ 10009.5
TP5= @ 10497.5
SL= Break below S2
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Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9513.5). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 9796.5
TP2= @ 9868.0
TP3= @ 10001.0
TP4= @ 10380.0
SL: Break Below UpTrend
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Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9513.5). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 9796.5
TP2= @ 9868.0
TP3= @ 10001.0
TP4= @ 10380.0
SL: Break Below UpTrend
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#BTC Dominance! Fractals! Alt season is not over YET?Welcome to this quick update guys.
Like my previous Dominance update I shared both the bull and the bear scenario.
In this chart I would like to share with you some reasons why I think Alt season may continue for more 7 weeks.
Please observe the chart with me:
The Fractals, you cn see the black poly line waves have been moving like a rhyme .
50D MA: Whenever Dominance breaks below 50D MA we have seen extended rallies for altcoins.
Potential Bearish Pennant in formation which generally breaks to the downside.
And most importantly the altcoin Hypes isn’t over yet. There are still mainnets to be launched, rebranding to be done, testnet to be released, Big announcements to be done.
So on the basis of all these technical and fundamental reason I think we can see an extended alt season is not OVER YET for the next 6 weeks.
If you like this idea please hit the like button to support my work.
Do not forget to follow me for more future updates on altcoins and bitcoins.
STAY SAFE
#Peace
Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9322.8). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 9597.0
TP2= @ 9719.0
TP3= @ 9840.0
TP4= @ 10009.0
TP5= @ 10424.0
SL= Break below S2
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Symmetrical Triangle, short term bearish. A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
Since we entered descending, I expect a breakdown to the 9.2k area like I also analyzed yesterday. Then some consolidation and a breakdown later this week.
This is part of of a bigger correction to 8-8.5K
I think BTC has to pick up some more momentum and break the 10K level mid June.
Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. 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.
Technical analysis:
. 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.
. The RSI is at 80.
Take Profits:
TP1= @ 10505.20
TP2= @ 12138.65
TP3= @ 13869.90
SL= Break below S2
Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. 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.
Technical analysis:
. 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.
. The RSI is at 80.
Take Profits:
TP1= @ 10505.20
TP2= @ 12138.65
TP3= @ 13869.90
SL= Break below S2
Elliot Formation Inside An Ascending Wedge The BTC price has increased significantly since reaching a low on March 13. The increase has taken the form of an ascending wedge, which is considered a bearish reversal pattern.
It is possible that the price continues to trade inside this wedge until it reaches the next resistance level at $7750. If so, we can outline a five wave Elliott formation that would take the price all the way to this resistance line. The price is currently at the top of the third wave, after which a decrease towards the support line is expected. Afterwards, the price is likely to create the final upward move before breaking down. This possibility is supported by the slight bearish divergence that has been developing in the RSI, which is even more visible in short-term time-frames.
If the price breaks down, the closest support areas are found at $6700 and $5800.
BTC ABOUT TO BREAKDOWN to 7100 after new study in BTC WHALES -@@Dear BTC holders and traders,
After my btc study i found that btc still in down trend, and the whale effect are still high. i have checked the volume and trends, and did make this with data as expecting what btc price will become Next time. and yes -------------------------------------> 7100 area we can hit soon!
I expect btc will hit soon the 7100 area!
# This study made beacase of trends/news/data/whales effects at this moment are.
AGAIN AS I SAY ALWAYS, I HAVE SAY THIS AT TIME, BTC PRICE RATE NOW: 7855 USD
# THIS IS MY EXPCTING, NOBODY KNOW THE FUTURE.
IF YOU LIKE YOU MY POST, DONT FORGOT TO GIVE ME A LIKE AND TO FOLLOW ME FOR MORE NEW UPDATES.
THANK YOU
Bitcoin can go to Target 8200-8300 before up trend. GOLD CHART!The most important target are 8200-8300, its possible that we can get some small targets, but i am really looking for this target.
# this not mean that it will happen.. but i expecting that this are possible.
Trade always with stop limit, dont risk to mutch on trades.
Have good day all!