BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the long . BTC Long. Long. Bitcoin / US Dollar Perpetual Inverse Swap Contract (BITMEX:XBTUSD) We might see a retest or knowing BTC it could also just power up from here. Some of the idiocy I see on TradingView. Nov 18, · TradingView. EN. TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People. BTC LONG. Long. Bitcoin / TetherUS (BINANCE:BTCUSDT) Paul_Calder .
Btc long tradingviewBTC LONG for BINANCE:BTCUSDT by Paul_Calder — TradingView
This is speculation and not trading advice. Bitcoin longs can decrease even more and send price through 10k mark. If you love the video, please press like or leave a comment below to support our work.
Thank you GH. Let's see if a EMA is a support strong enough to make it bounce back up. MACD looks bullish even if it took him long time to get to this point. RSI is really low which is another bullish indicator. BTC price is getting lower. I wouldn't be suprised to see a wall of orders at 10k and which is target we have to reach before BTC can get up in price. Hello, incredible to see how the lines I drawed months maybe a year ago acted as resistance and hopefully will act as support now.
We are in the area separating the bull fro the bear market so, if it is the case, we will see a second up leg in the longs, meaning that BTC will go up. This is also in line with the indication of my "secret indicator" next idea.
Hello, BTC Longs back above 30k units on Bitfinex which, considering the bleeding of BTC withdrawn exhange have been experiencing after Covid, is even a more positive signal than it was few months ago.
As the title says Longs got low. We've seen them rally when they get this low. MADC shows the first signs of changing direction. RSI is at its lowest oversold moment. Let's see Last time the total of positions in the market both long and short,with just bitfinex considered was that low was July '19 and btc started its decline from 13k to 6.
True that thera has been a serious outflow of btcs from exchanges in the last quarter and the data can be affected by that, but still the value is really low wouldhave If we bounce off, great. If sink back, not great. Comment: Starting to look decent. Comment: There it goes. We might see a retest or knowing BTC it could also just power up from here.
Comment: A view from the weekly. Next move to Comment: So in general when it comes to channels, the golden number is 3. We are at 2 for both Comment: Rising Wedge forming, which could signal a dump coming:. Comment: That's not a good sign, it's attempting to retest range and currently failing. We'll have to wait till end of the day:. Comment: It didn't make it back to the channel yesterady so predictably now, it's falling:. Comment: Someone asked me for a target yesterday, I don't know.
No-one knows. All we can do is comment on the price action. I've seen too many of them in my time trading. My advice, learn to trade. Don't listen to anyone, everyone is full of shit. I'm putting this here, because it does not deserve it's own post just yet. So I will just monitor it for now:. This market is immature and that makes it extremely prone to large swings.
It's simply due to the fact that professional traders use high tech tools to trade low times frames. If you are reading this, it's highly likely you are not them! But the pattern is far more robust. Use that to your advantage. Comment: Twas just an unsuspecting Wednesday:. I will wait to see what happens. Comment: Patience. Comment: Some of the idiocy I see on TradingView