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WAJIDGOLDTRADE
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#BTCUSDT $BTC {future}(BTCUSDT) WHAT IS NEXT FOR BITCOIN? This D1 TF chart is self explanatory. I have found two channels. A-Channel (Ascending) and D-Channel (Descending) . A-Channel is the continuity of Golden Cross of Sma200 & Sma44 from October 2023 and its break point I see is at 69000. D-Channel is a newly formed channel after Bitcoin made its highest ever. we are on the edge of its continuation if 66000 level gets broken. Conclusion: The Sma44 is playing a vital role at current situation as price is on the verge of getting its support or resistance. #Write2Earn!

#BTCUSDT $BTC

WHAT IS NEXT FOR BITCOIN? This D1 TF chart is self explanatory. I have found two channels. A-Channel (Ascending) and D-Channel (Descending) .

A-Channel is the continuity of Golden Cross of Sma200 & Sma44 from October 2023 and its break point I see is at 69000.

D-Channel is a newly formed channel after Bitcoin made its highest ever. we are on the edge of its continuation if 66000 level gets broken.

Conclusion: The Sma44 is playing a vital role at current situation as price is on the verge of getting its support or resistance.

#Write2Earn!

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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#BTCUSDT $BTC MONEY MANAGEMENT (Stay in the market)      100$ Balance Trade Lot size = 10 cents.      1000$ Balance Trade Lot size = 1 dollar      10,000$ Balance Trade Lot size 10 dollar        I MYSELF TRADE WITH 10K BALANCE AND PUT 0.10 1DOLLAR LOT IN IT AND RISK 3% TO 5% OF MY BALANCE. I DON'T  TRADE ANY OTHER ELEMENT IN THIS ACCOUNT EXCEPT FOR BTC and BNB. THIS INCLUDES SWING AND INTRADAY BOTH.             STOP LOSS (Save Equity) It should be 3% to 5% max of your balance. Total volume of stop losses of all entered trades must remain under this quantity. No matter stop loss volume reaches 5% mark on one trade  or several trades. Total calculated volume should be 3 to 5 percent.        TAKING PROFIT (Risk to Reward) If placing trades with a ratio 1:2 then it should be locked at after having in profit of 10% at least. However Tp1 Tp2 and Tp3 may be set with in this ratio range. A personal or friendly advise is to wait for the first trade to get locked and then enter the second as per price action.        ENTERING MARKET (Earning precautions) Find Support in Bullish trend and Resistance in Bearish trend. I don't  enter the trade for the whole day if I don't  get the top or bottom. Not trading is also a position that has your equity in your hand. For Intraday work in  H1 time frame. For Swing work in H4 and D1 time frame.        DOs and DON'Ts (Discipline must) 1)Never trade with your heart, use your brain. 2)Never trade against the trend. Trend is your friend unless it bends. 3)Never over trade, limit it with 10% to 15% loss or profit per day. 4)Be disciplined in your strategy never change your technique if it is 7:10 ratio in profit. 5)Never complicate your trade with more and more indicators combining news reports expert analysis etc etc. Keep it as simple as possible and stay with it.           Thanks n regards #Write2Earn!
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#BTCUSDT $BTC BE FRIENDS WITH CANDLESTICKS Candlestick charts are a fundamental tool in technical analysis, providing a visual representation of price movements in financial markets. Each candlestick represents a specific time period, such as a minute, hour, day, or week, and displays four key pieces of information: the opening price, closing price, highest price, and lowest price within that period. The body of the candlestick, or the thick part, shows the range between the opening and closing prices. If the closing price is higher than the opening price, the body is typically white or green, indicating a bullish market. Conversely, if the closing price is lower, the body is usually black or red, signaling a bearish market. The lines extending from the body, known as shadows or wicks, indicate the high and low prices reached during the period. Candlesticks can form various patterns that traders use to predict future price movements. For instance, a "doji" forms when the opening and closing prices are very close, suggesting market indecision. A "hammer" pattern, with a small body and long lower shadow, may indicate a potential reversal from a downtrend to an uptrend. Understanding these patterns helps traders make informed decisions, enhancing their ability to anticipate market trends and shifts. #Write2Earn!
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#BTCUSDT $BTC TRADING STRATEGY   Time Frames H4 and D1   Indicators Simple Moving Average 44 Donchian Channels 22 Relative Strength Index 11   Stalk & Hunt Find the trend by SMA44 Confirm price action by RSI11 Both the trend and price action must be synchronized means indicating same direction. A bullish trend is considered if the price is moving above the sma44 and Rsi11 above 50 and a bearish trend is admitted if the price is moving below Sma44 and Rsi11 below 50   Wait for the DC22 to break the channel Never enter the market on running candle. Let the candle close breaking the channel then place order above the closed candle for buy entry and below the closed candle for selling purpose. Stop loss will be the mid band of DC22 for Intraday and upper band / lower band for swing trade. Take profit will be on the break of mid band or Sma44.   Conclusion: High probability trades will be twice or thrice a month. Stop Loss range is large so lot size must be adjusted as per money management Take profit range is set on breaking DC22 mid line or Sma44 or at any comfortable ratio of choice.   YOU WILL NOT GET IT IN ONE DAY, BUT YOU WILL GET IT ONE DAY. (By: Sidharth Bhanushali) #Write2Earn!  
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#BTCUSDT $BTC BITCOIN NEXT MOVE. The chart is self explanatory. Only the point to be noted is to watch for the strong support, if it gets broken and becomes a resistance then descending channel will proceed otherwise we may experience another good rally towards 70xxx. #Write2Earn!
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#BTCUSDT $BTC Boom ! Pick of 66250
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