This thread is for discussing everything related to Bitcoin.
Will daily comment on possible entries to trade BTCUSD.
Everyone is welcomed to share their views.
Trading BTCUSD as any other pair is the goal of this thread.
This is not for hodlers-Stay away.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
I see a good entry today on the short side as sell BTCUSD now @36200-300(depends on broker), looking to TP around 32000
The pair should base above 37200-500 to change my view
This trade can turn out to be good for weekly too with target down to around 28000
Will talk about monthly later on...Lets see..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
Which FOREX broker is best for CRYPTO trading... HELP required URGENT please.!
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Any good reputable regulated forex broker who offer crypto is good for crypto trading, mostly they will offer 1:5 leverage
If you want more leverage like 1:100 you can try EagleFx but the downside is this broker is not regulated.
I see a good entry today on the short side as sell BTCUSD now @36200-300(depends on broker), looking to TP around 32000 The pair should base above 37200-500 to change my view This trade can turn out to be good for weekly too with target down to around 28000 Will talk about monthly later on...Lets see..
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Price still hovering inside the said 37200-500, hold on..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
The pair had hit my exact weekly support at 28800(just if I share my chart for you to see a red line drawn at that exact price level but unfortunately I'm not that type) and retraced to 32000
I'm looking now toward the weekly candle close, if it can break and base below 28300-500 we are going next to around 25500 then down to 20000 that depends on monthly candle close too to be discussed later at month end..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
For the fellows messaging me for more updates, kindly understand that this is not a live signal service!
And for others asking for money transfers to deposit in their trading accounts, here is not a charity and only deposit money you can afford to loose.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
For traders to better understand my comments and benefit of trading it further on..
When I say price basing below 32k and heading to 30k-28k that means 32k became resistance after been support before..and 30-28k are the Tp levels
When price retraced from the latter to 32k that is your sell entry.
While if you already have sell entries above there like at 35-37k and you hadn't exited it at 30-28k then your trailing stop can be if price bases again above 32k
Nothing is perfect and fake breakouts exist but starting from daily close/open to weekly close/open and better for monthly especially if end month is nearing..makes the whole picture more clear.
At end, not being greedy and having a profit target amount that might meet with crucial price levels can be your hint to take profits.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
This week gonna be very important for the pair as it corresponds to the monthly close with weekly one too.
Looking for important resistance level around 33800 and possibly further retrace to around 35200 on daily.
On Weekly, it may go all the way to around 36600 and even around 38300 if trend is strongly bullish, but I think 33800 will hold it from advancing anymore.
On downside, around 27000 real support after clearing minor @30500 basing below is to 28800 stronger one and just above 20000 will hold BTC from falling further.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
