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BTCUSD 9 December 2020 - Weekly TimeFrameHello traders, here is the full analysis for this pair ... I saw a butterfly pattern on the weekly chart We were on board for the rally and now it is time to rest. You may not short but consider to take profit and wait for the next bull run setup... first support on the daily chart 12065.82 *Support this idea with a Like or Comments if you find it useful* ________________________________⠀ DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only
BITSTAMP:BTCUSD
by saeedmp
1
Bitcoin Price Action.With Bitcoin price action moving higher I thought that I can share with you my view on a Daily chart with some simple market geometry and some fib measurements which contain some critical levels including the golden zone fight that we keep on seeing since 2019. What caught my attention is the second break of the white trendline but not with as much significant volume as the first attempt. In my eyes, this next move is exactly what we need if we want to see that 2019 high challenged. It has all the ingredients for a plunge to the 14k pivot where we faced a very big resistance last year and the algorithm participation was incredibly precise. Bitcoin has 2 more significant pivots to break (14k, 20k) until we will be again in a no man's land and the FOMO will kick in. Stay close, manage your asset classes accordingly. Don't risk more than you are willing to lose! I wish you guys a wonderful week!
BITSTAMP:BTCUSDLong
by SebiiSb
1
Long until the $11,400 USD: Bitcoin prediction!!! There are a probability that Bitcoin is goes to the go back to $10,400 USD. So, the crypto-market is more volatil that never we see operate trading and we reccomend to invest 0.02 or 0.01 BTC lots, and not more 0.03 or more becuase we need a 2% of risk, becuase now Bitcoin is so volatil and we need t lot risk to trade, the most confortable is using your capital and know your risk to loss and earn to earn money. That pattern is so bullish what we see in H4 timeframe, and that mean a possible continuation of the trend in H4 timeframe, in case that Bitcoin goes to break up the $11,400 USD, we could to see a Bitcoin more higher too. So guys, in this situation the market is become more volatil and so, for that reason, is so difficulty to trade as Bitcoin have volatil conduct. So, I do not add any position in long or short. the most is wait if the price goes to $10,800 USD and hope a bullish candlestick with other opportunithy to long.
COINBASE:BTCUSDLong
by harisonhbn9718
2