Downloading...
Download

Cripto

Btc - uptrend channelGood night traders, Btc is trading on an upside channel on our H4 timeframe (left) and after the strong dump yesterday it has respected once more the bottom of the channal. On our weekly tf (right) we have 3 dojis in a row showing strong indecision right now. The idea here is to take advantage for the price when its on the bottom and top of the channel until we have a clear breakout with reasonable volume. The only thing concerning me so far is the low buying pressure after the yesterdays dump but since the price respected the uptrend i guess we might see some improvement next week, i dont look at weekend volumes since they are tricky and low. Interesting levels: First support level = 5140 USD Second support level = 4800 USD First resistance level = 5450 USD Have a good weekend everyone! This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
BITFINEX:BTCUSD
by MarcelMartins
1
BITCOIN - Overview and opportunitiesGood evening traders, overview on BTC. H4: The coin is on short term uptrend as we can see on left chart, we have an already confirmed uptrend (3 touches) e therefore we can search for buy oportunities if the price go there again, wait for rejection and then buy. : Im using LOG CHART and then we can see there is a downtrend confirmed by 3 touches and now we broke it upside, now the price is re-testing it again and so far rejecting it, good bull signal. Daily: We had a clear bull trap above 200 sma that for sure killed some bears stop losses and triggered some early bulls into the market, now this moving average is our current resistance level for aim 6000~6400 level. So now, whats the plan? For selling: Wait another test and rejection on the daily 200 SMA. Buying: Wait anothe test and rejection on our H4 uptrend. Interesting levels to watch: 1th support level: 4800 usd Current resistance: 5370 usd (200 sma daily) Potential upside target: 6000 and 6400 usd. (Medium term) Enjoy it? Leave a like! This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
BITFINEX:BTCUSD
by MarcelMartins
6
Bitcoin - H4 outlookGood week everyone, H4 outlook for btc. As we can see btc is one more time approaching resistance level (orange) and it'll try to break it again. Bullish confluences: - Low volume on selling waves (check indicator), looks like there is no interest selling right now - Thats candle spikes (like the balloon demarcated one) are definetly killing some bulls stop losses, whales are eating them and this is bullish behaviour. - Ascending trendline already confirmed, touched more than 2 times. Bearish confluences: - Small rsi bearish divergence, no big deal IMO - We are closing WEEKLY resistance (check related idea) Strategy: either wait another touch on trendline and scalp aiming resistance or wait for a good breakout with reasonable volume (not huge, just above average) above resistance and aim previous resistances at 4600-4800 zone. This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
BITFINEX:BTCUSD
by MarcelMartins
Bitcoin Monthly viewCripto market, from the beginning, was moving x10 or x20 times faster than the traditional market. Still recoverying fuell for start again the impulse, we havn't seen the bottom yet, as the volume is not big enough to create more HH and HL. Stock markets fall hard, and part of this money can come to the criptomarket. The reason is because still very cheap this market, is not strong enough to rise more than 1Trillion, because every week we can see some theft in wallets, eschange hacks, or other stuff. But Bitcoin as a coin has enough trust to rise at least 500B in few weeks (4-5 weeks). 4 Trillions went out from stocks, the rise in last year was 33% in gains, amazing. Now it comes more volatility and ups and downs. If players change mind and put some money in cripto, they can see 100% gains in few years (don't think they can expect same gains in the traditional market). News, FUD, FOMO, bills, bans, all is in the same basket of FA. Meanwhile, robots and AI machins are trading every single day hundreds of milions in seconds, even I have seen people creating an automatitzed machine to trade between exchanges. Let's see what happens, but for sure, every time more people is involved in this world.
BITFINEX:BTCUSDLong
by triFX