cryptccho
@Cryptccho
Following
Followers
Liked
Shared
See original
Greetings Scalpers!
Today, the BTCUSDT price movement shows quite significant volatility. The last price was recorded at 56,557.2, a decrease of 4.44% from the previous price. This volatility certainly attracts the attention of scalpers who are looking for short-term trading opportunities.
Technical Analysis:
1. EMA (Exponential Moving Average):** The EMA indicator on a 5-minute interval shows that the price is below the EMA(5) at 56,452.1, EMA(25) at 57,018.2, and EMA(100) at 57,670.9. This indicates a bearish short-term trend, but be aware of the possibility of a pullback or reversal if the price touches or passes the EMA again.
2. MACD (Moving Average Convergence Divergence):** MACD is in negative territory with a value of -52.8, and the signal line is at -333.6. This is a strong bearish signal, indicating that selling pressure is still dominating the market at the moment.
3. RSI (Relative Strength Index):** On RSI(5), it is seen at 50.6, while RSI(15) is at 39.2 and RSI(25) is at 38.5. RSI shows a slight recovery from the oversold area, but has not shown enough strength to confirm a strong reversal.
Conclusion:
For scalpers, the current price movement provides an opportunity to make short-term trades with the potential for profit from high volatility. However, remain careful and pay attention to the support level around 55,555.0 and resistance around 57,208.4. Make sure to always secure profits and set stop-losses to minimize risks.
Always monitor the market closely and hopefully today's trading will give optimal results!
#Binance #BTC #bitcoin #scalping $BTC
Today, the BTCUSDT price movement shows quite significant volatility. The last price was recorded at 56,557.2, a decrease of 4.44% from the previous price. This volatility certainly attracts the attention of scalpers who are looking for short-term trading opportunities.
Technical Analysis:
1. EMA (Exponential Moving Average):** The EMA indicator on a 5-minute interval shows that the price is below the EMA(5) at 56,452.1, EMA(25) at 57,018.2, and EMA(100) at 57,670.9. This indicates a bearish short-term trend, but be aware of the possibility of a pullback or reversal if the price touches or passes the EMA again.
2. MACD (Moving Average Convergence Divergence):** MACD is in negative territory with a value of -52.8, and the signal line is at -333.6. This is a strong bearish signal, indicating that selling pressure is still dominating the market at the moment.
3. RSI (Relative Strength Index):** On RSI(5), it is seen at 50.6, while RSI(15) is at 39.2 and RSI(25) is at 38.5. RSI shows a slight recovery from the oversold area, but has not shown enough strength to confirm a strong reversal.
Conclusion:
For scalpers, the current price movement provides an opportunity to make short-term trades with the potential for profit from high volatility. However, remain careful and pay attention to the support level around 55,555.0 and resistance around 57,208.4. Make sure to always secure profits and set stop-losses to minimize risks.
Always monitor the market closely and hopefully today's trading will give optimal results!
#Binance #BTC #bitcoin #scalping $BTC
See original
Bitcoin (BTC) price has fallen sharply in the past 24 hours, hitting $57,838.
The drop has raised concerns among investors, especially those who rely on scalping strategies to take quick profits from price movements.
Scalpers who usually take advantage of short-term fluctuations may see this as a golden opportunity to profit from this high volatility.
However, with trading volumes soaring and market conditions uncertain, the question is:
"Are you taking advantage of this moment, or are you getting left behind?"
It can be seen that the BTC/USDT price has fallen significantly in the past day. Some indications that can be seen from the chart:
1. Volume: The trading volume that increased drastically when the price fell indicates that many traders sold BTC when this decline occurred.
2. EMA (Exponential Moving Average): The current price is below the EMA(7), EMA(25), and EMA(99), indicating strong selling pressure.
3. RSI (Relative Strength Index): The RSI is at 19.3, indicating oversold conditions. This could signal a potential upside reversal if selling pressure eases, but could also mean that prices could continue to fall if negative sentiment persists.
Overall, these conditions suggest that there is a risk of further price declines, especially if selling pressure continues. However, since the RSI is in the oversold area, there may also be a chance for a price rebound in the near term, depending on how the market situation develops.
#BTC #FutureTarding #scalping #bearish $BTC
The drop has raised concerns among investors, especially those who rely on scalping strategies to take quick profits from price movements.
Scalpers who usually take advantage of short-term fluctuations may see this as a golden opportunity to profit from this high volatility.
However, with trading volumes soaring and market conditions uncertain, the question is:
"Are you taking advantage of this moment, or are you getting left behind?"
It can be seen that the BTC/USDT price has fallen significantly in the past day. Some indications that can be seen from the chart:
1. Volume: The trading volume that increased drastically when the price fell indicates that many traders sold BTC when this decline occurred.
2. EMA (Exponential Moving Average): The current price is below the EMA(7), EMA(25), and EMA(99), indicating strong selling pressure.
3. RSI (Relative Strength Index): The RSI is at 19.3, indicating oversold conditions. This could signal a potential upside reversal if selling pressure eases, but could also mean that prices could continue to fall if negative sentiment persists.
Overall, these conditions suggest that there is a risk of further price declines, especially if selling pressure continues. However, since the RSI is in the oversold area, there may also be a chance for a price rebound in the near term, depending on how the market situation develops.
#BTC #FutureTarding #scalping #bearish $BTC
See original
#BTC #TipsTradingFutures $BTC **Latest News: BTCUSDT Price Reaches $59,242, Potential for Further Strengthening in Sight?**
*Jakarta, September 3, 2024* – Bitcoin has again shown its impressive performance in the crypto trading market, with the price of BTCUSDT (Bitcoin to USDT) now at $59,242. This increase recorded an increase of +1.61% in the last 24 hours, indicating the potential for increasingly strong bullish momentum.
In the last 24 hours, the highest price reached was $59,790, while the lowest price was at $58,075. This price movement reflects quite high volatility, but with a consistent upward trend. Bitcoin's trading volume in the last 24 hours reached 164,793 BTC, which is equivalent to 9.71 billion USDT, indicating significant interest from traders.
From a technical analysis perspective, the EMA (Exponential Moving Average) indicator shows a positive signal. The EMA (7) is at $59,075.1 and the EMA (25) is at $58,869.0, with the EMA (99) at $58,861.1. The position of the shorter EMA above the longer EMA indicates strong buying pressure, indicating the potential for further increases in the short term.
The RSI (Relative Strength Index) indicator shows a figure of 64.6, approaching the overbought area, but still within reasonable limits. This shows that buying momentum is still dominant, but traders must remain alert to the possibility of a price correction.
Looking at the overall data, Bitcoin shows the potential to continue strengthening, especially if it is able to break through the resistance level around $59,790. If buying pressure continues, it is possible that the BTCUSDT price could break through the psychological figure of $60,000 in the near future. However, traders are still advised to monitor market movements closely, given the high volatility and potential corrections that can occur at any time.
For market players, this is a crucial moment to consider their trading strategies, whether to continue holding positions or take advantage of this price increase. The crypto market is always full of surprises.
*Jakarta, September 3, 2024* – Bitcoin has again shown its impressive performance in the crypto trading market, with the price of BTCUSDT (Bitcoin to USDT) now at $59,242. This increase recorded an increase of +1.61% in the last 24 hours, indicating the potential for increasingly strong bullish momentum.
In the last 24 hours, the highest price reached was $59,790, while the lowest price was at $58,075. This price movement reflects quite high volatility, but with a consistent upward trend. Bitcoin's trading volume in the last 24 hours reached 164,793 BTC, which is equivalent to 9.71 billion USDT, indicating significant interest from traders.
From a technical analysis perspective, the EMA (Exponential Moving Average) indicator shows a positive signal. The EMA (7) is at $59,075.1 and the EMA (25) is at $58,869.0, with the EMA (99) at $58,861.1. The position of the shorter EMA above the longer EMA indicates strong buying pressure, indicating the potential for further increases in the short term.
The RSI (Relative Strength Index) indicator shows a figure of 64.6, approaching the overbought area, but still within reasonable limits. This shows that buying momentum is still dominant, but traders must remain alert to the possibility of a price correction.
Looking at the overall data, Bitcoin shows the potential to continue strengthening, especially if it is able to break through the resistance level around $59,790. If buying pressure continues, it is possible that the BTCUSDT price could break through the psychological figure of $60,000 in the near future. However, traders are still advised to monitor market movements closely, given the high volatility and potential corrections that can occur at any time.
For market players, this is a crucial moment to consider their trading strategies, whether to continue holding positions or take advantage of this price increase. The crypto market is always full of surprises.