Why So Crypto?
➖➖➖➖➖➖➖➖➖➖ #BTC (Update) Bitcoin is Still Moving inside the Rising Wedge. - If wedge Broken Downside, Bitcoin Might Revisit the 18,950 Support Area. - If Wedge Broken Upside, Next STOP Would be $32,140 ➖➖➖➖➖➖➖➖➖➖
#BTC Bears are Back in the Town..!!
Rising Wedge has Broken Downside in Daily timeframe.
Bitcoin Might Revisit the 18,950 Support Area..
Rising Wedge has Broken Downside in Daily timeframe.
Bitcoin Might Revisit the 18,950 Support Area..
❇️3 types of traders
1️⃣Scalper
Scalping is a trading strategy that involves making a large number of transactions within a day. Scalpers make at least 10 trades a day. With an active market, professionals can make up to 100 trades. Scalpers play on small price fluctuations to get a small profit from each transaction. Often, a transaction can last less than a minute.
2️⃣Day Trader
Day traders also trade within the day. They do not transfer transactions “through the night”, closing positions during the day or trading session (depending on the type of market, stock or cryptocurrency). As a rule, day traders make 1-3 trades a day.
1️⃣Scalper
Scalping is a trading strategy that involves making a large number of transactions within a day. Scalpers make at least 10 trades a day. With an active market, professionals can make up to 100 trades. Scalpers play on small price fluctuations to get a small profit from each transaction. Often, a transaction can last less than a minute.
2️⃣Day Trader
Day traders also trade within the day. They do not transfer transactions “through the night”, closing positions during the day or trading session (depending on the type of market, stock or cryptocurrency). As a rule, day traders make 1-3 trades a day.
3️⃣Swing Trader
Swing trading is based on capturing one major movement in the market (one "swing" of the price). Its essence is to exit the transaction before the price goes back to correction.
4️⃣Positional Trader
Position traders are those that have trades that last for several weeks, months, or even years. These traders know that fundamental themes will be the predominant factor when analyzing the markets and therefore make their trading decisions based on them
Swing trading is based on capturing one major movement in the market (one "swing" of the price). Its essence is to exit the transaction before the price goes back to correction.
4️⃣Positional Trader
Position traders are those that have trades that last for several weeks, months, or even years. These traders know that fundamental themes will be the predominant factor when analyzing the markets and therefore make their trading decisions based on them
Aug 20 Bitcoin update
Bitcoin fell 10% on a single day yesterday, the biggest fall after June 18
Trade Possibility: BTC dropped exactly in the trend line at $20700 and can see that bulls are buying at this zone.
✅Its good to pick at $20700-$21000 with tight stop loss just below $20700. Target can be at $22000-$22500.
▫️Resistance: $22600-$23000 will be in the resistance zone short term. Bulls will likely push the weekly candle above MA200
▫️Institutional Nasdaq investors aren’t confident on tech stock due to fear of recession and continued high interest rate.
🟩Strategy: Play the range, Buy on support and sell on resistance. Global market is uncertain for the next 6 months due to high inflation rates
Bitcoin fell 10% on a single day yesterday, the biggest fall after June 18
Trade Possibility: BTC dropped exactly in the trend line at $20700 and can see that bulls are buying at this zone.
✅Its good to pick at $20700-$21000 with tight stop loss just below $20700. Target can be at $22000-$22500.
▫️Resistance: $22600-$23000 will be in the resistance zone short term. Bulls will likely push the weekly candle above MA200
▫️Institutional Nasdaq investors aren’t confident on tech stock due to fear of recession and continued high interest rate.
🟩Strategy: Play the range, Buy on support and sell on resistance. Global market is uncertain for the next 6 months due to high inflation rates
➖➖➖➖➖➖➖➖➖➖
#BTC Hash Ribbon indicator Flashed "Buy Signal" 📈
- 11th Jan 2019 (+287%)
- 27th Dec 2019 (+54%)
- 25th Apr 2020 (+49%)
- 13th July 2020 (+110%)
- 2nd Dec 2020(+270%)
- 8th Aug 2021 (+68%)
- 21st Aug 2022 ?
Will History Repeat Itself?
➖➖➖➖➖➖➖➖➖➖
#BTC Hash Ribbon indicator Flashed "Buy Signal" 📈
- 11th Jan 2019 (+287%)
- 27th Dec 2019 (+54%)
- 25th Apr 2020 (+49%)
- 13th July 2020 (+110%)
- 2nd Dec 2020(+270%)
- 8th Aug 2021 (+68%)
- 21st Aug 2022 ?
Will History Repeat Itself?
➖➖➖➖➖➖➖➖➖➖
#BTC/UDST ANALYSIS
Bulls seems to be loosing momentum but still BTC is holding above trendline and horizontal support. A bullish move can be expected from here.
A liquidity grab might be a possible scenario, while a solid breakdown would be a bearish sign for BTC to move towards $19K support.
Bulls seems to be loosing momentum but still BTC is holding above trendline and horizontal support. A bullish move can be expected from here.
A liquidity grab might be a possible scenario, while a solid breakdown would be a bearish sign for BTC to move towards $19K support.
➖➖➖➖➖➖➖➖➖➖
Trade at ur own risk 🫂
#BNB/USDT Enter Above 291.800
Targets - 293.259 - 294.710 - 297.636 - 298.060
Stop Loss - 274.292
Leverage - 10x to 20x
➖➖➖➖➖➖➖➖➖➖
Trade at ur own risk 🫂
#BNB/USDT Enter Above 291.800
Targets - 293.259 - 294.710 - 297.636 - 298.060
Stop Loss - 274.292
Leverage - 10x to 20x
➖➖➖➖➖➖➖➖➖➖
⚡ #MATIC/USDT
Trade at ur own risk
📤 Long
💹 Buy: 0.7989 - 0.7751
🧿 Target: 0.808886 - 0.818873 - 0.838845 - 0.851790 - 0.869790 - 0.989735
🧨 StopLoss : 0.758955
🔘 Leverage: 20x - 50x
Trade at ur own risk
📤 Long
💹 Buy: 0.7989 - 0.7751
🧿 Target: 0.808886 - 0.818873 - 0.838845 - 0.851790 - 0.869790 - 0.989735
🧨 StopLoss : 0.758955
🔘 Leverage: 20x - 50x
ladder entries futures GEM signal - GTC/USDT
🛒Entries are as follows:
1. 2.35 USDT zone (20%)
2. 2.1 USDT (30%)
3. 1.8 USDT (50%)
🎯 TARGETS: 3 - 4 - 5+ USDT 🚀
🛑 Stop-Loss close daily below 1.6 or manually update
🛒Entries are as follows:
1. 2.35 USDT zone (20%)
2. 2.1 USDT (30%)
3. 1.8 USDT (50%)
🎯 TARGETS: 3 - 4 - 5+ USDT 🚀
🛑 Stop-Loss close daily below 1.6 or manually update
Why So Crypto?
➖➖➖➖➖➖➖➖➖➖ #BTC Hash Ribbon indicator Flashed "Buy Signal" 📈 - 11th Jan 2019 (+287%) - 27th Dec 2019 (+54%) - 25th Apr 2020 (+49%) - 13th July 2020 (+110%) - 2nd Dec 2020(+270%) - 8th Aug 2021 (+68%) - 21st Aug 2022 ? Will History Repeat Itself? ➖➖➖➖➖➖➖➖➖➖
It is interesting that Hash Ribbon also appeared exactly one year ago.
Don't u remember 👊🏽
Don't u remember 👊🏽
BTC Analysis:
Yesterday Weekly Update
1. BTC weekly closed today was really bearish this close at 21500 retraced last four weeks complete move.
2. Things are looking still bearish as explained in latest video if you haven't watched watch that for more clarity.
3. Now if you're looking for long scalps.
A sweep of the yellow line previous lows and reclaim above 20.8k would be the long trigger.
4. Targets for this would be around 21.6k and 22.5k and invalidation will be the new lows if created.
5. For shorts at current area near support is not a good idea. If you want to short wait for the close below 20.8k or a retest of 22.5k-23k.
Yesterday Weekly Update
1. BTC weekly closed today was really bearish this close at 21500 retraced last four weeks complete move.
2. Things are looking still bearish as explained in latest video if you haven't watched watch that for more clarity.
3. Now if you're looking for long scalps.
A sweep of the yellow line previous lows and reclaim above 20.8k would be the long trigger.
4. Targets for this would be around 21.6k and 22.5k and invalidation will be the new lows if created.
5. For shorts at current area near support is not a good idea. If you want to short wait for the close below 20.8k or a retest of 22.5k-23k.