BTCAUDHave a look for BTCAUD (Down-Side) from my point of view it came in the 2hr. zone which is powerfull to push the price downside.
ShortIn-depth trading ideas
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Bitcoin always bounce within a boundary for a few monthsWhen it breaks out of the old boundary, it will form a new one. It's a bit of a guess work when the new tunnel is formed. It takes a few points to establish the new path. And perhaps a few more to solidify it.
BTC: Is it over or just correcting.In this part of the cycle 20% corrections are normal. If a 20% correction forms from the short term top of 68k AUD then 54k AUD is a likely base before returning to its upward run into the halving.
BTC AUD Price Monthly Chart Leading into the End of the YearBTCAUD Monthly Chart
VZO PZO is indicating it is overbought.
Saturday 12th August 2023
Monthly Chart
Take note crypto pirate heads, we are on a green TD8. USD Chart -
The candle is green so far just above the short MA.
So we could be up for 1 more month of upside, if any? Then a 1 to 4 correction leading into the end of the year, which is what we encountered in 2019, and similar downturns leading into the end of the year in 2014 and 2018.
The halving is now estimated to occur on the 5th Ap
BTCAUD Going LongAs analysis on basis of HH, HL, and candle stick pattern the BTCAUD is going long in this position
Long
BTC priced in AUDBTC will always surprise in each direction.
with a lack of earnings and producing anything tangible the price volatility is massive, with a interesting macro backdrop things could really surprise to the downside, but on the other hand if CB's step in with support the old mantra of "don't fight the fed" may come back in.
Long
Biggest bull flag in historyThis won't end well for compulsive bears... New ath any moment, but for now be careful of the bull trap anove 39700 USD and keep some funds available if we touch down near 33333 USD, Grayscale is buying at the monthly trendline so anyone one who is dreaming about btc under 33k will be shorting straight into the wallets of institutions that know how to make better use of your bitcoin than you do.
Stay safu
BTC/AUD zig zag pattern could see pull back around the corner?If price needs to fall through the bottom parallel channel to confirm short term bearish count. Long term wave count points higher
Short idea (DON NOT ENTER JUST OBSERVE)Short idea. Learning crypto patterns and pullbacks on the weekend to expand my knowledge. This is just a simple idea using EMA’s to enter a trade.
Short
BTC Pivotal pointA very important point in time for BTC with gold/silver pumping now is the time for BTC to show its strength!
Looking to break up or or potentially drop back for a retest, holding the 10.5K price will be key here!
Currently Holding and not looking to exit due to my belief in fundamentals and the requirement for a digital hedge against monetary policy of governments. Protect your wealth and purchasing power one way or another!
BTCAUD BUY TRADE SETUP FOR INTRADAY.BTCAUD BUY TRADE SETUP FOR INTRADAY.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
Long
Short
XBT Position HedgeBTC has been forming a large ascending wedge up into the Daily supply zone.
Laddered some shorts in
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Short
BTCAUD 1HR Long IdeaPrice bounced perfectly at the fib cluster i linked in this post -
We have a couple scenarios here. There is a bearish pennant forming, but also a bullish Gartley pattern.
I like that buy zone around $6500 and my plan is to scale in at that price, if price action confirms the entry . If the pennant breaks to the downside hard, then I'll wait for next opportunity. Profit targets to take some of the pie are at least 50% higher. I do not plan on having a stop loss until price moves up at least
Long
BTCAUDbullish structure within range, current swing leg pausing for more orderflow, momentum potentially holding on . Crowd psychology and market sentiment is considered with my discretionary trading. Price's tight ranging and happy atm, l'll monitor how,if, and when price pulls back lower in and around levels of interest. Neutral views anything can happen, entered my watchlist, alerts set off for a surf..
prnt.sc
A learner's Beginner Analysis for BTCUSD chart18th December,2019
ON THE 3 MIN CHART
The price has crossed both lower EMA indicators and is looking like approaching the 200 EMA resistance level.
RSI is oversold and MACD Histogram is showing peaking green.
As I have been writing this there has been 2 bear candles falling quickly to half the height of the previous bull slope although two more waves lengthen the bullish height.
RSI is no longer oversold and MACD is pale green falling hill side.
ON THE 15 MIN CHART
The RSI red troughs are no
Long