Leverage
BTC necesita otro "Momentum"/ BTC needs another "Momentum"Claramente ayer en horas de la tarde y en temporalidad de una hora, las cripto en general tuvieron un momentum, pero para el caso de BTC y nivel de resistencia, sobrepasar 9500$ pero lateralizar en la zona, es una suma más de intentos a nivel macro que requieren de lupa para no considerarlos impulsos de "gato muerto".
Se requiere al menos llegar a 10500 $ para despertar de nuevo el rally. Dentro de lo fundamental es normal esta lateralización de precios, pero en lo técnico se requiere un poco más de paciencia, al ver tantos intentos de pasar la resistencia y regresar o lateralizar.
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Yesterday, at hourly timeframe in afternoon, the general crypto market had a momentum, but in BTC case and a hard top like 9500$, becomes very unstable to fail overpassing that area and get in lateral ways arround it.
More fail impulses could lead us to fall under 9000$ in a short term.
We need to get over 10500 $ area to start a new rally. It is normal in fundamental to stay at this level, but technically speaking we need to be more patience, because we have seen several times how the price fails the resistance and get in lateral movements.
$VET vs USD how was played in Margin TradeThis chart only shared how we played in leverage trade Vechain some mins ago
# VET / USDT (X15) Long
Buyzone: 0.0187xx
Target 1: 0.018950
Target 2: 0.019100
Target 3: 0.019500
Profit 30% in 2h. It could be much more but that's how it played
follow my trades in - t.me/MikeTopCryptoSignals
Cattle prices in Brazil. Time for a REVERSAL!!!!With the high demand from China and some plants closing down due to COVID, the cattle prices in Brazil have just gone up since April. Today was the first real candle but it stopped at he 21 exp mov average.
The country has started to reopen the plants, COVId infection likely reached its plateau and we can expect the imbalance of demand supply to go to normality.
It is totally achievable to see prices of 210 or 200 very soon. Cattle prices in the US will bbe highly dependable of USDBRL correlation.
Macy's Inc 800%+ PotentialHello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
When you look at Macy's Inc on the monthly its at the ultimate all time support! You might not get another chance to enter at this sweet level for a while. With that being said it's most likely to go up from here. As you can see it's been in a major downtrend since July 2018. Previously as seen in May 2009 once that down trend is broken and begins to trade above the diagonal resistance it started to climb. Throughout the years it went up over 800% this is very possible again. If you're willing to Hodl this can play out beautifully in the next couple yrs. Bullish divergence on the MACD and RSI beginning to climb.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win
#Bitcoin - Swing Game plan - #3drive#BTC has been trading inside the channel & been sideways from past few days, wicking 200-300$ both sides & liquidating leverage traders
looking at HTF the bearish Divergence is still in play & now i see a possible Three Drive reversal
The TEXTBOOK reversal will be as I posted on chart
let's see what we get
RED is where I will look for shorts & Green is where I will long
First short 10600 then long 88xx final swing short from 112xx all the way to 7000 where we have a FVG -
will post Setups if the plan goes the way I want
#Bitcoin Risk a long if ..................we might see a bearish bat forming, to expect price to react the way we want at this early is pure hopium, so far 0.618-0.65 (fib golden pocket) supported the price nicely
as we can see on daily price is trading inside a Triangle.
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Halving is done & lot of speculations around the market, lot of sentiments both Bears & Bulls, who will win only time will tell, till then keep longing the support if holds & shorting the resistance
2k or 20k as long as we can long & short life's good
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BTC/USD Short Idea R/R Ratio: 6As always good R/R. Easiest stop loss.
Should be low leverage trade. Bearish local formation, probably because of "satoshi coins" FUD. Don't really like to trade during or after the news, but i can't move past this trade, too good of opportunity. Get out of the trade if price reaches 9700
BTC back to 5k or 10.5k, what's your prediction? Check mine!BTC Analysis
DAILY
Still inline with the bullish trend line. The recent huge push down came back to trend before pushing back up again and closing with a juicy wick.
I think there are buyers still around but will they prevail, we need more structure in order to know.
I’m looking for a break and retest of the TL in addition to the 55/200 EMAs to change direction and start sloping down again. At the moment they look like they about to cross bullish but it still may not happen.
CCI is looking healthy, not over or undersold meaning BTC could still go either way at this point.
Let’s drop down to the 4 hour and see if we can get a clearer picture.
4 HOUR
55 EMA on the 4 hour is starting to slope down which is promising. The 200 is acting as support with a couple of wicks attempting to touch it. CCI is currently below the safe zone but heading back up.
BTC looks like it’s starting to range sideways between the 23&38 fibs acting as S:R. I’d like to see it sit here for a while and build some structure.
Im currently still in my short from before the drop with profit taken on 50% of my position and the other 50% still open with stops in profit and a load up at the 50 fib level. I will reassess if we get there.
I don’t have enough confidence in either direction right now as too many indicators are conflicting. If we get more bearish signals then I can see a drop possibly eventually to around 7700 then back to 5k if it keeps going. This will line up with order block, weekly trend line and -161.8 fibs so it makes sense to me.
On the other hand, if BTC pushes up past the 61.8, I’ll be taking profit on my short and expect a second attempt at the 9800 order block and if we push through that, next level would’ve around $10,500.
BTC $1450 Downward Move = A LOT OF LIQUIDATIONBEARS TAKING ACTION… Big slice
A lot of people that are over leveraged just got REKT. $100M of leverage longs liquidated
Be ready for anything, trade to a plan and stick to it novices just had a very bad Sunday.
Trading Tip: When events like this happen its good to write down the ‘price action reason’ in your trading journal or mark on the charts. That way in a few days, weeks, months down the track if a price level comes into play you can deem how significant it is. & DON'T OVER LEVERAGE.
Bitcoin break out or rejection?I still find Bitcoin to be stuck in a HTF down trend channel leading back from the high mid to late last year.
I understand some fundamentals at play with the halving coming up and the Hash ribbons indicator indicating the minors are accumulating again but on a technical stand point of view where we are now just seems like the idea position to trap a lot of retail money and short it down.
I'm looking at the down trend as holding for a rejection but if we do push higher on a break out I'm looking at that next supply zone as the potential resistance.
Ultimately i see us bouncing on this EQ for a few more days and then looking for a break to short down to the last demand that was created, although i find is a very weak order block and wouldn't be surprised if we push lower again.
I will start to do my Weekly analysis on bitcoin and post it here for our students in the MBA Trading Academy to see and monitor
Keen to hear everyone's thoughts but im only looking short to mid term on Bitcoin right now
Bitcoin bullish or Bearish?Hello, Ive been swing trading with high leverage as always and will post my trades below, but now is very important since we are coming up to a big move. Usually trading on the weekends trading volume is low and people take profit, yet we didn't see that and saw more push upwards pretty much creating a double top at 9014, yet whats next?
Well going off what i see in the chart is weakness in the bulls not knowing if they should long atm as this morning we saw rise, yet with volume same as one hourly bull candle it took less to slam it down to the ground losing alot of last nights gains, yet still in profit.
Right now if you going to go long you need wait to see a break of 8959 (around 9hrs or before), if it doesn't break that we break under the higher lows trend line as shown. It could have a retracement back to 8564 or even as low as 8196. Remeber with the halving the bottom has to double which the bottom is bewtween low 6k bear mim or in the 7k range. Right now price is well above bear mim for post halving. Watch for the pull backs and recommended to buy in the 7k range.
Bitcoin pull backsNow watching on the sidelines is crazy what happen shooting just shy of 9563 now atm it look like a head and shoulders pattern. It only took 2k btc to dump the price past two major volume candles during the pump, which shows weakness in the orderbook. Dow is open down and so I suspect a pullback in Bitcoin so going short might be a good idea and just watch the chart and take profit when you want. Dont get greedy
TA
MACD is bearish, but could turn bullish if we go sideways
RSI is sideways more overbought
Voume is dropping
Also stoplost would be 8904 give or take with a high of 8991 if it wicks up
EASY GAP TRADE NO BRAINER- 30% PROFITHey there,
there is a gap, which you already noticed I guess! Though for beginners it might not be that obvious as it appears to you!
Gaps are happening, because when closing and opening markets, especially when there is a huge move in either direction, price action appears at certain levels below or above the price, which creates these gaps.
For me personally, gab´s are not any relevant or justifiable sources of price behavior or prediction. So I DO NOT trust them.
Interestingly, these gaps on CME (Chicago Mercantile Exchange) always close! Like literally ALWAYS- this leads me and many other traders, to the idea, that the next ones will be closed as well. For me, it turned out to work, but seriously, I cannot believe this plays always, but it actually did until today!
So, I already took the trade Bitmex at 6600 with leverage and I am looking forward to close it at 8500 area! Any gains in the circle are awesome!
RSI looking oversold!
Volume declining, which means a short term price manipulation to the upside (to fill the gap) actually is easier than in times, when volume and volatility are high!
I took my shot, I hope this inspires your technical analysis!
Your german-quality-trader!
Massive Target hitHello, well i have posted back to back TA on current market movemt on bullish, but now I'll head into Neutral zone with a trading range projected between 8196-8564. This would give the trader a hugh volitily range before the halving, which is subject to happen in just over 12days.
What to expect? Well a pull back after todays move is required and could test 8196. Like said in past post its all about miners now. Break even is at 3k ish. You halve that and you get roughly 6k low 7k, so its in the miners best interest to keep the price above 7500 which we got a massive range of a new bottom of 7231 all the way to the new support that was formed at 7688. I'll remain netural and not leverage trade and just buy BTC with my paycheck in small amounts after making 60% and 80% gains on leverage trading. Still would like to test bybit vpn checker after May 20, if that fials i would have to use TraderWay, which is only open during Forex hours (Future market open and close Friday at Noon).
So Projection is maybe a pull back at 8196 or just sideways movement with massive swings till halving. Don't think the Daily or weekly will help anyone. Just watch the order books (I use coinbase pro).