Very important weekly close coming tonight.
The price is ranging around $10500 and today’s weekly close could determine the next few weeks.
If we close above TP2, we can expect positive price action next week going into the next resistance, and in case we see a breakout, we can get one big candle towards $14 000.
Can we get a bearish scenario?
Of course!
So waiting for that close and next trade setup coming probably tomorrow once we see how the market reacts to that closure.
The price is ranging around $10500 and today’s weekly close could determine the next few weeks.
If we close above TP2, we can expect positive price action next week going into the next resistance, and in case we see a breakout, we can get one big candle towards $14 000.
Can we get a bearish scenario?
Of course!
So waiting for that close and next trade setup coming probably tomorrow once we see how the market reacts to that closure.
Here’s a great example of how we prepare for a trade and how we forecast new trade opportunities.
We saw a potential failed breakout and we said if we price reclaims and moves above the broken support area, we will be looking for a long trade.
It happened, we formed the setup, entered the trade and it’s now floating at 1:1 risk reward profit.
We are now reducing the risk and trying to extract as much profit as possible from this trade.
If you want to be part of my Premium channel, message me at @CryptoSignalsAdmin.
We saw a potential failed breakout and we said if we price reclaims and moves above the broken support area, we will be looking for a long trade.
It happened, we formed the setup, entered the trade and it’s now floating at 1:1 risk reward profit.
We are now reducing the risk and trying to extract as much profit as possible from this trade.
If you want to be part of my Premium channel, message me at @CryptoSignalsAdmin.
ETHBTC made a bullish breakout but a very weak one.
Still, nothing is invalidated but the green area has to hold otherwise we’re facing a down move of at least 10% but most likely even more.
We’re still not in a trade on this one, waiting for the positive reaction of the green area and then we’re going to make a decision either spot or margin.
We’ll keep you updated!
If you want us to analyze some of your favorite coins, DM @CryptoSignalsAdmin
Still, nothing is invalidated but the green area has to hold otherwise we’re facing a down move of at least 10% but most likely even more.
We’re still not in a trade on this one, waiting for the positive reaction of the green area and then we’re going to make a decision either spot or margin.
We’ll keep you updated!
If you want us to analyze some of your favorite coins, DM @CryptoSignalsAdmin
Winning streak continues 🚀
One more winning trade in a row in our Premium Channel.
If you want to join, message @CryptoSignalsAdmin.
Join us for just one time payment and enjoy benefits for months and potentially years to come.
One more winning trade in a row in our Premium Channel.
If you want to join, message @CryptoSignalsAdmin.
Join us for just one time payment and enjoy benefits for months and potentially years to come.
Forwarded from Crypto Signals Premium Channel
New trade opportunity on BTCUSD with an awesome 1:4 risk-reward.
We’re going ahead of confirmation but that’s the risk we have to take in order to get this good risk-reward on our trade.
A big move is coming and if that will be to the upside, we could catch an awesome trade.
Good luck!
We’re going ahead of confirmation but that’s the risk we have to take in order to get this good risk-reward on our trade.
A big move is coming and if that will be to the upside, we could catch an awesome trade.
Good luck!
In the last 7-8 trades, we had only one stopping us out in reduced risk (half of the risk since we moved to stop loss from the initial point).
I’ll just say you’re missing a lot for not being part of our Premium Channel.
You get these fire signals with exact entry, stop loss and target (targets in case there are more).
Then you get a trading guide written by me that will help you realize why technicals actually work. This will help you understand the market and how to forecast potential opportunities by yourself.
All this for a yearly payment of $197.
If you want to be part of the group, message @CryptoSignalsAdmin.
I’ll just say you’re missing a lot for not being part of our Premium Channel.
You get these fire signals with exact entry, stop loss and target (targets in case there are more).
Then you get a trading guide written by me that will help you realize why technicals actually work. This will help you understand the market and how to forecast potential opportunities by yourself.
All this for a yearly payment of $197.
If you want to be part of the group, message @CryptoSignalsAdmin.
Crypto Signals pinned «In the last 7-8 trades, we had only one stopping us out in reduced risk (half of the risk since we moved to stop loss from the initial point). I’ll just say you’re missing a lot for not being part of our Premium Channel. You get these fire signals with…»
The best feeling when you move to stop loss in profit and have a risk free trade with the potential of making a great profit.
This is how you manage your trade.
It wouldn’t be that smart to hold stop loss at the initial price point because we got a new invalidation level.
This is where I see many people making mistakes. They either move their stop loss too fast or keep it at the initial point.
Trade management plays a huge role in your trading results.
That’s why stay tuned because we’re going to share few tips on trade management in upcoming days for free here in the channel.
It wouldn’t be that smart to hold stop loss at the initial price point because we got a new invalidation level.
This is where I see many people making mistakes. They either move their stop loss too fast or keep it at the initial point.
Trade management plays a huge role in your trading results.
That’s why stay tuned because we’re going to share few tips on trade management in upcoming days for free here in the channel.
**ATTENTION PLEASE**
Bitmex is in big trouble and we can see more and more people withdrawing their money from Bitmex.
We suggest you do the same and move your funds to either hardware wallet or safer exchange.
If you’re looking for an exchange similar to Bitmex, that offers high leverage trading, we suggest checking out Deribit that doesn’t require any verification and works pretty fine.
Deribit : https://www.deribit.com/reg-5508.8322?q=home
By registering via this link, you get 10% discount on trading fees.
Bitmex is in big trouble and we can see more and more people withdrawing their money from Bitmex.
We suggest you do the same and move your funds to either hardware wallet or safer exchange.
If you’re looking for an exchange similar to Bitmex, that offers high leverage trading, we suggest checking out Deribit that doesn’t require any verification and works pretty fine.
Deribit : https://www.deribit.com/reg-5508.8322?q=home
By registering via this link, you get 10% discount on trading fees.
Bitcoin looking pretty good on a weekly timeframe for bulls.
In the week ahead, I’m expecting to see a test of the wick area (red box).
If we get strength in that area (close in that area or especially above that area), we will get pretty bullish momentum that can send us even to $14 000.
In case of weakness in that area (being rejected and close back below $11500, we could get a double top that can send us way below the recent low of $9600.
Currently, Bitcoin is looking really good and the upcoming move is expected to be towards the wick area but strength is required for continuation.
In the week ahead, I’m expecting to see a test of the wick area (red box).
If we get strength in that area (close in that area or especially above that area), we will get pretty bullish momentum that can send us even to $14 000.
In case of weakness in that area (being rejected and close back below $11500, we could get a double top that can send us way below the recent low of $9600.
Currently, Bitcoin is looking really good and the upcoming move is expected to be towards the wick area but strength is required for continuation.
Forwarded from Crypto Signals Premium Channel
New trade opportunity on BTCUSD with an awesome 1:4 risk-reward.
We’re going ahead of confirmation but that’s the risk we have to take in order to get this good risk-reward on our trade.
A big move is coming and if that will be to the upside, we could catch an awesome trade.
Good luck!
We’re going ahead of confirmation but that’s the risk we have to take in order to get this good risk-reward on our trade.
A big move is coming and if that will be to the upside, we could catch an awesome trade.
Good luck!