If we continue sideways it's bullish!Hello, Hello, Hello,
And welcome back, To Bitcoin Beats.
Bitcoin has been going sideways for a day now and despite making a couple profitable trades, we really do need some direction here.
if we continue sideways it basically means our support is strong enough to govern a bounce upwards and potentially continuation in the bullish direction.
Thanks, And Good bye from Bitcoin Beats!
Support
January Update on BTCHey guys,
as always, thank you for taking your time.
This is a short update of about 10 minutes, which I do every one or two weeks.
Thanks for all the messages and the feeddback, our little community is growing (about 100 on TW and few hundred all togheter).
People messaged me and asked for videos about Altcoins, gold, stocks and so on. Can I do it? Sure!
Just write it down in the comment section and like what you wanna see next, so I do know what to work on.
In this video we are discussing Resistances and Supports and what they mean when the price is moving up or down.
The 9000 call hit just perfectly, thank you for checking it out, too!
This is it for today, see you in the next one,
your quality trader
USDMXN Will price respect support again? This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
Support and ResistanceIn a strong trending market like GAS currently in, support and resistance flip happens very often. Although other chart setups might not be as clean as this example, this technique can be used for all markets.
Broken Support turns into Resistance.
Broken Resistance turns into Support.
So how do we determine if a Support has been broken or not?
3 ways to view it:
- A lower low (Even if it is just a wick)
- A lower close (Candle must close below previous candle close) - Safe
- Candle close through previous low - Safest
Personally, i prefer to used the safest method to view my support and resistance. There are many nuances to trading support and resistance, try them out yourself and see what works for you! Safe trading out there!
New realm of Support and Resistance for $BTCWe have pumped above what was the watched support and resistance at the 200-week EMA and the 200-week SMA.
The new realm to watch is on the daily chart between the 233-EMA and the 377-EMA with a leaning for a break above the 377-EMA and a move to $6000 where the 377-EMA then becomes support and 6500 becomes the next critical resistance target.
Staying long the buys from Dec, Feb, and the recent trend line break. A break of the first red bullish trend line would trigger sells for me.
Happy Trading!
Still Holding Long on $EOSFibonacci patterns of support are holding this market as a bullish pattern. The internal momentum is weak and not being applied to any direction, so I am watching the near-term support and resistance i laid out on the chart as points of interest moving forward.
Happy Trading!
Buy on dips is the sentiment this week for $BTCPrice is dipping lower as expected. We talked about the dip happening on our youtube show, and so far buying interest interest is coming in on dips.
I laid out areas of support on the chart around the Fib level and the area on the RSI. Low trend momentum should keep us inside the trading zone of 3800ish to 4100ish.
Happy trading!
VIDEO ANALYSIS: BRENT CRUDE TO REMAIN BULLISHIn this video update, we take a look at Brent Crude Oil after identifying the bullish trend on the daily chart,
as the monthly retraces back to the key lows. If we expect the market to test these lows we should be
looking for continued long opportunities.
Coffee time?I've been stalking coffee in the background from many weeks. It's looking pretty ripe about now for taking a controlled loss (aka stop-loss). When coffee moves, it really moves. This is a longer time frame trade, which I do not usually get involved in - but it's probably time for me to get involved in one or two of these.
Silver - look away nowNobody or very few people have been looking at Silver. Why? Everybody is distracted by Bitcoin and GBP pairs at the moment.
In the screencast I show that Silver is ripe for a controlled loss. Oops.. nobody wants to hear about losses - right?
I'm stalking this one carefully - having been distracted and missed Palladium.
Silver is pretty cheap at the moment. It can certainly go far further south. But there are some interesting areas of support which have held.
Have a look.
This is not a recommendation to buy or sell Silver.
Long plan for XEM, DGB, OMGHi everyone!
Thanx for follow my channel
Here some ideas about the Alt coin that we can buy and take profit shortly.
What do you think about this? How many people are still investing in crypto?
Thank you for like this video and subscribe my channel!
Have a good one!!!!!
BTCUSD 3500?Hi Everyone! Me name is Kate
I am trader with a big experience of stock market. I am publishing my ideas in Russian TradingView. You can check my status there. So I decided to perform on english platform. Like this video if u really like it. Subscribe my channel and tell me what stuff is more interesting for you apart of bitcoin. Thank u
Have a good one!