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Btcusdforecast

BTCUSD: Elliott Waves Intraday TradingUnexpectedly for all traders, there was a local surge in volatility in the price of bitcoin. To be honest, I never found a convenient point to enter a long position, although I expected that the price might start to recover. Trading plans had to be slightly edited taking into account this price stick :) In general, the price movement, as before, indicates the possible formation of several scenarios for the development of the situation. I continue to monitor 3 trading plans, 2 of which indicate the possibility to enter a long position. Also, I take into account that the decline may continue and have a "ragged" appearance. Buying is possible at current levels when a bullish pattern appears on small timeframes. Short sales are relevant in the price range 20200-20500. Good luck in trading, friends! Sincerely, CEO Tornado Capital
BITSTAMP:BTCUSD
by HurricaneCapital
BTCUSDT: Elliott Waves Intraday TradingAt the moment, I continue to monitor the dynamics and look for entry points into a position with minimal risk. Bitcoin price dynamics allows you to track 3 trading plans, 2 of which are bullish. In addition, in case of fail of bullish scenarios, there is a backup plan that will allow you to quickly turn a long position into a short one. A long position is possible in case of formation of appropriate wave levels and a pattern. Now it is better to observe and wait for the best moment. Best Regards, CEO Tornado Capital
BITSTAMP:BTCUSD
by HurricaneCapital
BITCOIN Local Range SimplifiedEvening Traders, Investors & Gamblers 😃 Bitcoin Current Range Simplified: _______________________________________ Note: A 4h candle close above/below each line or outside of the range, would indicate further movement into that direction. I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
COINBASE:BTCUSD
by BitcoinEasyIO
BTCUSDT: Elliott Waves Intraday TradingThe price moved into the zone of alternative scenarios that I published earlier, but removed it from the previous publication, marking only the key level for changing the local trend. After the price reached 20,900 (past overturn level) my stop orders were triggered to change long positions to short positions. I closed all short sales today with a small profit. I always have a plan for the future, both for sales and for purchases, which take into account possible risks. Briefly about the price and plans at today: - I still have a basic scenario for the continuation of the price growth and, in general, its nature reflects the possible overcoming of the level of 60,000 by the price in the medium-term time range; - The alternative scenario speaks of the development of a price correction, which can be different both in terms of structure and price range. I indicated the simplest option. Alternative options will be added as the situation develops. Selling weakened, trading volume is reduced and the structure of the market indicates a possible start of an upward movement. I do not expect strong sales from current levels, and at the price levels 19600-19100 I will consider long. Plan your trading carefully and you will almost always win! Good luck, friends! Sincerely, CEO Tornado Capital
BITSTAMP:BTCUSDLong
by HurricaneCapital
5
BTC bear flag breakdown target $7075We have discovered that a bear flag was made and it broke down, Technical target of that pattern is $7075. I am NOT saying this is going to be a hit for sure but just sharing this analysis which we recently discovered. We might see a retest towards $21500 and then break down. Another confluence is rising wedge on 4H, Technical target of that is $18,474. We are poised that macro environment is not favorable for bulls in anyway as the structure of the market is making lower highs which MOSTLY leads to lower lows. Lets wait for monthly closure to analyze further price action.
Short
by NasirCrypto
4
BTCUSDT: Elliott Waves Intraday TradingThe bearish dynamics did not live up to the expectations of many traders. For the time being, I have abandoned the alternative plan, which involved reversing from long positions to short positions. In addition, due to the weak strength of both bulls and bears, and also taking into account the price movement of other coins, I added another trading plan (bullish), which involves a longer accumulation of long positions. During the work day, the critical level is at 20900. If under some circumstances this level is broken, I will reconsider my trading plans. Friends, I wish you a good day! Sincerely, CEO Tornado Capital
BITSTAMP:BTCUSDLong
by HurricaneCapital
BTCUSDT: Elliott Waves Intraday TradingThe price continues to move within my trading plan. At the moment, there has been some shift in wave levels, which indicates the presence of an additional opportunity to open long positions. I am still actively buying, but I also continue to consider an alternative scenario with a sharp decline. The short-term trend reversal level is now at 20600-20600: in case the price breaks it in the current correction, I will reverse my long positions into short. Market dynamics indicate a temporary limitation of bullish sentiment, and wave patterns indicate another cycle of urgent price corrections for many coins. Best Regards, CEO Tornado Capital
BITSTAMP:BTCUSDLong
by HurricaneCapital
3
BTCUSDT: Elliott Waves Intraday TradingHey all! The price of #bitcoin is moving within my past trading plan. I am long, but I am still considering an alternative downside scenario. What are my plans? - the base price dictates to consider purchases after any local price correction. And I will be increase the volume of long positions in case the price down to the range of 20800-20400. - the alternative scenario tells me to follow the price reaction within the framework of the base scenario, and in case of an unsuccessful correction on a set of long positions, I will reverse long positions into short positions. In general, as in the past, there is always a way out of any situation - the main thing is to have a good trading plan. Sincerely, CEO Tornado Capital
BITSTAMP:BTCUSDLong
by HurricaneCapital
6