Trade Ideas #BTC is on a decision point and is waiting on Friday's meeting. on the other hand, the 1D time frame shows mix signals. let's wait to see what direction takes. Day Trade
Trade Ideas #bitcoin☀️ is showing a mix signals 15 minutes time frame bearish and 30 minutes bullish #BinanceEarnProgram Our pivot point is at 58750. Our preference Under pressure below 58750.
Alternative scenario The upside breakout of 58750, would call for 59880 and 60550.
Comment The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58299 and 58236).
Supports and resistances 60550 ** 59880 * 58750 ** 58310 57865 last 56520 55850 ** 55180 * 54510 ** Number of asterisks represents the strength of support and resistance levels
Trade Ideas#BTC☀ shows bearish on the 1-hour time frame. survey, anyone interested in live trading with me?. Our pivot point stands at 57960.
Alternative scenario Below 57960, expect 57100 and 56590.
Comment The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (58598) but below its 50 period moving average (59543).
Supports and resistances 61480 ** 60960 * 60440 ** 59930 58641 last 58300 57960 ** 57100 * 56590 ** Number of asterisks represents the strength of support and resistance levels
Trade Ideas #BTC is on a downtrend for correction support 56700 if breaks the next support 54600. Looking on 1 week time frame BTC has closed with Doji start showing a possible uptrend after correction. please read my previous post to understand my analysis. Who is up to have live trading with me? thumbs up. Our pivot point stands at 60520. Our preference The downside prevails as long as 60520 is resistance.
Alternative scenario Above 60520, look for 61400 and 61930.
Comment The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50-period moving average (respectively at 60380 and 60807).
Supports and resistances 61930 ** 61400 * 60520 ** 60180 59738 last 58540 58020 ** 57500 * 56970 ** Number of asterisks represents the strength of support and resistance levels.