XBT MYSTERY GOES ON @ BiTMEXXBT is really F****** up everyone's emotions, yet it tests perfectly the ceiling and resistance, we should soon see an outbreak.
Leverage
XBTUSD 4 hr Mex Chart: Volatility=trapped bulls & bears galoreLiquidations are happening on nearly every move, after trading for months, maybe folks forgot just how drastic the swings can be with Bitcoin, here's how I could see price toying with the majority of traders for a while, though I hope it wont take so long to see a bottom+recovery, BTC loves to play with emotional traders.
ETHUSD/BitMEX: INCOMING RESISTANCE LONG 20XWhats up cryptopians!! As we can see ETHUSD has UPTREND, Above i have posted a chart of resistance points! If you are looking for a community to trade with on ZOOM in REAL TIME with LiquidMEX sharing his SCREEN then drop me a comment below or send me a personal message and i will send you the link to my platform where we are trading on BitMEX as a group. I also have trading courses that i am starting to mentor NEW traders on BitMEX as my reputation on BitMEX speaks for itself.
ETHUSD OVERVIEW
Tested resistance at 120 Rejected.
Will retest 120 when Shortly will breakthrough as BTC is going to 4700-4800 at the moment.
Personal Trading plan has not been established yet with ETHUSD though i will keep you updated on how i will trade this, Most likely with lower leverage around 20x with ENTRY at 117-119
!DISCLAIMER!:THIS IS NOT FINANCIAL ADVICE AS I AM NOT A FINANCIAL ADVISER. THIS CONTENT IS INTENDED FOR EDUCATIONAL/ENTERTAINMENT PURPOSES ONLY!
XBTUSD: 4hr Mex Chart- I am not convincedI don't believe that we have reached bottom yet, yesterday morning had a promising , I expect liquidity grabs up to $4800ish or down to $4300 before another leg down, hopefully both for a couple nice scalps . Stay safe out there folks.
XBTUSD Forecast: 30min Mex Chart- Still in search of a bottomWe've seen more and more downward movement, with shorter and shorter rallies between corrections. Lots of untapped liquidity at $4500, so it seems like the next logical stop down.
XBTUSD 4hr Mex Chart: Bulltrap scenario, where's the bottom?Could see a possible bulltrap if we sweep local highs right before another dive down. $5k, $4k, $3k all seem like very real possibilities at this point for a bottom. $5400 being defended by bulls for the past 24 hours gives me hope that we are at least close to bottom, and of course we could just hold this range and get upward expansion, but I don't rule out if $5400 breaks again, things could go really fast, and $5k will be a blip like $6k was. capitulation
ETHUSD 4hr Mex Chart: Looking pretty much the same as BTCETHUSD looking pretty similar to BTC on the 4 hr chart, possibly more downside, but a lot of these larger cap alts with USD pairings have faired pretty well on BTC pairings after the initial dive down. When BTC would spike down yesterday, ETHBTC, XLMBTC, and others held strong, while XRPBTC and LTCBTC actually had some substantial gains. A market that is less reactive to BTC movement is a very good thing, and the more coins that have high volume trading again Fiat pairings, the less reactive the entire market will be to BTC movement. The difference is small currently, but gives a glimpse to how trading could change in the future. I have bids scattered from $165 down to $145, but the bottom could very well be in for ETH, it has held up very well after the initial losses in spite of BTC continuing to go down.
XBTUSD 4 hr Mex Chart: In search of bottom, yes, still.A $5k bottom would be somewhat poetic, as breaching the $5k line on the way up was a big hurdle before last year's bullrun. These lower wicks are evidence of some pretty strong buy support at these levels, but not quite enough to turn things around yet . I could be wrong, and things just consolidate here before they pop off, so I'm not looking for shorts unless there is an obvious LTF top I may try for a scalp, but mostly I am setting low bids that I expect to hit on some wicks.
XBTUSD 30m Mex Chart: In Search of Bottom...stillSo $6200 came, $6k, down to $5200. Can $5k find the buy support we need? Please sir
xrp needs to return to its trendlineFirst Post. Here is my 2satoshi on current confusing situation in crypto market this week..
Currently broke down and target 0.5 fibo and return to trend line.. quite simple to understand.
Hope this helps you to make decisions..
Happy Trading!
ETHUSD: 4hr Mex Chart-How low can we go?ETHUSD is sluggish and flailing at this point. I could see this pattern continue with gradual steps down until there is a bottom, could be $192, or just keep going until we revisit lower lows, $166.35 is not out of the realm of possibility, but BTC would have to plunge down to sub $6k probably for that to happen.
XBTUSD 4hr Mex Chart: In search of bottom$6300 hasn't proven to have much buy support as the slow ride down traps bears and bulls alike. The small bounces we've seen and lower and lower wicks downing liquidity makes me feel more and more that we have further to go. Possibly all the way down to $6142 level for a strong bounce, but hoping that $6209-6183 serves as the launch pad for a strong bounce off buy support(and hopefully market reversal). We could see something less dramatic, with a longer walk down to those levels before we see a strong reaction, but we all know Bitcoin loves the drama.
BENEFITS AND RISKS OF TRADING 101SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
BENEFITS AND RISKS OF TRADING 101
a) Market Action
Market Action is determined as the summary of data showing the trading activities in the market, which determines the differentiation between the price of the currency on which profit or loss can be generated. The rate of change in profit and loss is provided in Market action summary. This can enable the investors to determine which FOREX they should sell or buy in the market.
b) Liquidity
1. Market liquidity determines the extent to which a market, it can be a real estate or a trading market, which can allow selling and buying of assets at stable prices. In the trading market, the liquidity of securities is considered as ease of selling and buying the securities without affecting the price of the assets.
2. While trading in a FOREX market with a high volume, the bid price offered by a buyer on each share and the asking price on which seller is willing to sell shares, if based on the same or close amounts than the market highly liquid.
3. The difference between the prices is considered as the spread. The market liquidity usually affects when the difference or spread between the ask prices and bid prices increase.
c) Leverage
Traders determine margin and leveraging as the two important aspects of leveraging. The loan provided by a broker is considered as a margin, which enables traders in leveraging the securities and funds through the account to accomplish large trade activities. However, it is necessary to open and get an approval on a margin account.
The FOREX market usually uses 2:1 leverage, this means that investor can buy almost double of the amount they hold in their trading account. This means that if the investor has $50,000 then they can purchase $100,000 of currency in case their trading account leverage is 2:1.
d) Economic risks
Economic risk arises due to the changes in macro economic conditions. These risks are much capable that they can introduce changes in investments of shareholders and bondholders in the market. These changes can be the result of changes in government regulation, exchange rates, and political stability. International investment carries more investment risk as compared to domestic investment. The main reason that economic risk can adversely affect the corporate investments is due to the fact that economic risks can violate the economic sustainability.
Happy trading :)
XRPZ18: Hunt for a new long entry, short opportunityXRPZ18 has been a great long for me recently, and I still have a moonbag riding open long, but I think it may have a retest of some previous supports before it can move back up out of the current range. Would love to see this play out something like this, to give me a chance to re-open a long: some more sideways action before a deep wick down to 7440 sats with a strong reaction from buy support, followed by some consolidation before another breakout attempt of our current level.
ETHUSD 4hr Mex Chart: A failed breakout, elevator downWith not enough buy support to breakout, and with much the same story for first mover BTC, things will send ETH to re-explore $200 level. Looking to catch a long between $206-200 leading into strong a bounce.
XBTUSD bull scenario 30m Mex Chart: Was that the bottom?Seeing a decent reaction from these levels, with strong daily open last night. I'm inclined to think we need to go down further, but for fun here's a bullish scenario that I could see potentially. We are very close to breaking out of this tight range at $6363, a clean break above $6400 and a quick stop run to $6376 before a bounce to next leg up.
XBTUSD possible scenario: $6300 and bounce?Looking to play the ride down and book profits at every level, so far so good. Stopped out of long at 40% ROE, looking to catch the next stop at the $6300 level. If we can't bounce there, $6200 seems likely for the "real bounce" we're looking for.
ETHZ18(ETHUSD): 2 ways this thing will go, down, or down furtherI see ETHUSD playing out something like this, either a bounce soon from this $207 area, or a further dump down to sub $200 levels, with a brief pause at $203 before hope for the real bounce . Still no position in ETH, but it's getting close to my top bids.
[LTCZ18] LTC 15x Leverage Play [41.05% ROE]Trade: Long LTCZ18
Current Price: 0.00877
Buy In: 0.00870-00882
Time Frame: 4 Hour
Leverage: 15x
Current Resistance: 0.00906
Take Profits:
(1). 0.00883
(2). 0.00885
(3). 0.00887
(4). 0.00890
(5). 0.00901
Stop Loss: 0.00839
Profit Potential: 41.05% ROE
Capital Allocation: <5%
Namaste.
[BCHZ18-20x] BCH - What goes up must come down [42.82% ROE]Trade: Short BCHZ18’
Current Price: 0.08887
Buy In: 0.0889-0.0885
Time Frame: 1 Hour
Leverage: 20x
Current Resistance: 0.0868
Take Profits:
(1). 0.0875
(2). 0.0872
(3). 0.08870
(4). 0.0869
Stop Loss: 0.0898
Profit Potential: 42.82% ROE
Capital Allocation: <5%
[BCHZ18] Bitcoin Cash BitMex Leveraged Signal [32.93 ROE]Do you enjoy trading on BitMex?
Here is a leveraged trade for Bitcoin’ Cash for you, we really hope you enjoy it.
Let's get started... Let's trade!
Bitcoin Cash (BCHZ18’) Leveraged (BitMex) Trade by Alan Masters
Trade: Long BCHZ18’
Current Price: 0.0826
Buy In: 0.0819-0.0825
Time Frame: 1 Hour
Leverage: 10x
Current Resistance: 0.0856
Take Profits:
(1). 0.0832
(2). 0.0839
(3). 0.0840
(4). 0.0847
Stop Loss: 0.0809
Profit Potential: 32.93% ROE
Capital Allocation: <5%
Feel free to like, share, comment and follow if you like this trade, and if you want more.
Namaste.
WAIT! let BTCUSD hit a pivot point then open a position. when BTC dropped to 6509 i opened a LONG at 6521 with 50X leverage and its still active, i have an order for 100X leverage at 6574. im expecting a possible drop to the 64XX and ill add to my long on the way down at pivot points and close my short low 65XX. thats my current starategy so please like, comment, and follow to get more TA and actual trade strategies from a real crypto trader!
Be legendary. Simple Trading method with Bitcoin.
They are zones of hype and good zones of purchase. I left it the easiest way for my understanding. Just buy the flourescent green.
If you have a similar idea, pls comment it.
OT FINANCIAL ADVICE. This is just for fun and HYPE.
