Bitcoin (BTCUSD)

Shorted at 38.878

Closed with loss

Hi everyone,
I'm still learning the ropes of trading, but I've been following the discussions here in the crypto thread and appreciate the open forum for sharing insights.
Today, I wanted to share my thoughts on BTC/USD, currently sitting at 41180. Looking at the 4-hour Fibonacci levels, 41000 stands out as a key support zone that's been breached only once. Based on typical price action, I believe a retest of 41000 could be likely before further upward momentum. If that happens, I'm considering entering a long position with a stop-loss placed at the previous 4-hour low of 39973 and a take-profit target at the next Fibonacci level of 42561.

Shorted 41.114

Added 41.338

Harmonic Pattern signal triggered Sell Btc on the hourly
Tp1 40789

Tp2 39931

As Mentioned in my recent post that BTC will turn upside from 26th January. We have seen a good GREEN Candle from 38.6k to 42k.
With astrology we can predict each and every market move in advance and earn stress free returns easily.
Thank you.
Stay blessed. I shall be back with next timestamp, let me tell you that we shall see Green Market for atleast one more week, so we can buy every good dip to a potential support. Thanks Again, Stay Healthyl.

Added 41.796

Target 39.000

Added 41.921

Sell Btc Harmonic pattern Type 1 triggered

Tp 40789

Woohoo, that last TP at 42561 felt like hitting a bullseye! Now, BTC's chilling around 42411, taking a quick dip after the climb. But watch out, if it smashes through 42840 like a party wall, that could be a total trendsetter. If it does, I might jump back in for the long haul, aiming for that juicy 43799 prize with a safety net at 42113 just in case. Remember, this is just my technical analysis, not a magic 8-ball. The market's a fickle friend, so always trade with caution!

Following my earlier call, the price action has indeed played out as anticipated. BTC/USD found support at the key Fibonacci level around 41000 and rallied back up, even surpassing my initial take-profit target at 42561! As we speak, it's hovering near the new higher high (HH) of 42831.
Given this bullish confirmation, I'm re-entering long once again, aiming for the next Fibonacci level at 43799. My stop-loss will be placed just below the current HH at 42799, offering a tight risk-reward ratio.
Remember, market dynamics can shift quickly, so keep a close eye on price action and be prepared to adjust your strategy if needed.

Lucky streak continues! Hit TP at 43799 again. BTC chillin' at 43455 now. Waiting for dip below 43774 before considering long entry. TP 45048, SL 43774. Remember, market's unpredictable, trade safe!

No posts this month? Are you guys on this trend?

https://www.forexfactory.com/thread/...0#post14752910

For now the Bulls are inside the pen, I hope there is no escape...

Happy week everyone!

A 4H chart shows a lot of reaction with price failing to break 52,000 resistance and instead breaking downward, all signs shows downward movement o around 49,000

Btc / usd bounce on the 4 hourly ...

Yesterday Someone bought 26139.38 #Bitcoin worth of $1,334,555,324 ( $1.33 Billion )

Wallet Address: 3M6XXpqUc8G8GuHYKQhjAWobo5aGpkdV7u