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Bitcoin trading calls

  • #2,061
  • Jul 25, 7:34am (38 hr ago) Jul 25, 7:34am (38 hr ago)
Quoting Olu
{quote} Hi CrazyTrades, Your thoughts are not really crazy imo I didn't even see that trendline. That trendline in place may have moderated my plans. But it is what it is. I will watch for price behavior around 64609 and 64758 {image}
Thanks, I am glad it helped.

You can refer to my Trading view forum page for more.
https://www.tradingview.com/u/CrazyTrades247/

Regards
  • #2,062
  • Jul 25, 7:36am (38 hr ago) Jul 25, 7:36am (38 hr ago)
Quoting MaGiix
{quote} hello tanks for Our share. yeah i think we should go up to test67area before eventual little down side But since BTC is forming a channel below the resistance, I don't think we'll stop in this zone. Thanks for your high-quality content. {image}
Thanks, glad it helped
  • #2,063
  • Jul 25, 9:12am (36 hr ago) Jul 25, 9:12am (36 hr ago)
Quoting CrazyTrades
Bitcoin(BTC) Outlook for the upcoming week Structurally BTC is moving in an ascending channel making HH & HL, after facing rejection form bearish trendline price has declined and Currently consolidating at a strong support zone of ~63600, if this zone holds then price might again returned back to its channel and continue it's up-move, since the trend on higher timeframes are still bearish, if the level of 63640 is taken out, we can see deep correction & price could retest the level of 61750. we should be waiting for clean breakouts before entering...
Agreed CrazyTrades.
If you think you can or cannot do it you are correct
  • #2,064
  • Jul 25, 9:14am (36 hr ago) Jul 25, 9:14am (36 hr ago)
Quoting CrazyTrades
{quote} Thanks, I am glad it helped. You can refer to my Trading view forum page for more. https://www.tradingview.com/u/CrazyTrades247/ Regards
Will be following you page on TV. I do read ideas on it
If you think you can or cannot do it you are correct
  • #2,065
  • Jul 25, 9:24am (36 hr ago) Jul 25, 9:24am (36 hr ago)
The way things stand now...
BTC has near enough bounced off the up-channel low
Even in light volume BTC is starting to show signs of life.
So I am the resistance line that coincides with the 20ema (blue line) on the daily chart.
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If you think you can or cannot do it you are correct
  • #2,066
  • Jul 25, 12:39pm (33 hr ago) Jul 25, 12:39pm (33 hr ago)
SL hit unfortunately.
Attached Image (click to enlarge)
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  • #2,067
  • Jul 25, 2:32pm (31 hr ago) Jul 25, 2:32pm (31 hr ago)
Quoting mufasa.
SL hit unfortunately. {image}
Closed trade manually to protect account. Price passed the 20ema which coincides with some resistance as shown on chart - my mental stop
Edit :
Some bullish Ness is showing up. Even in weekend trading. Price could head to the upper channel border first. Will rexamine things at the start of the asean session
If you think you can or cannot do it you are correct
  • #2,068
  • Jul 25, 7:21pm (26 hr ago) Jul 25, 7:21pm (26 hr ago)
Long 64,368.0
TP 64,600.0
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  • #2,069
  • Jul 26, 12:32am (21 hr ago) Jul 26, 12:32am (21 hr ago)
Quoting Olu
{quote} Closed trade manually to protect account. Price passed the 20ema which coincides with some resistance as shown on chart - my mental stop Edit : Some bullish Ness is showing up. Even in weekend trading. Price could head to the upper channel border first. Will rexamine things at the start of the asean session
Looks to be breaking that upward channel after touching 64500. I believe the bullishness is short lived and will head back down to the 64000 level.
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  • #2,070
  • Jul 26, 7:01am (15 hr ago) Jul 26, 7:01am (15 hr ago)
BTCUSD H1
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slowly up
  • #2,071
  • Edited 12:41pm Jul 26, 11:41am (10 hr ago) | Edited 12:41pm
Likely reversal?
BTC
ETH

Short @ 64,725.0
TP 64,400
Attached Image (click to enlarge)
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  • #2,072
  • Jul 26, 5:02pm (5 hr ago) Jul 26, 5:02pm (5 hr ago)
my take on btcusd

EDIT: uploaded betetr pic of analysis
Attached Image(s) (click to enlarge)
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  • #2,073
  • Jul 26, 6:08pm (4 hr ago) Jul 26, 6:08pm (4 hr ago)
Quoting Olu
{quote} Closed trade manually to protect account. Price passed the 20ema which coincides with some resistance as shown on chart - my mental stop Edit : Some bullish Ness is showing up. Even in weekend trading. Price could head to the upper channel border first. Will rexamine things at the start of the asean session
Was right to close the trade manually.
Check out that candle - even during the weekend
Did not have the balls to go long though.
That would have been nice
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If you think you can or cannot do it you are correct
  • #2,074
  • Jul 26, 6:24pm (3 hr ago) Jul 26, 6:24pm (3 hr ago)
Quoting tommy88bgo
my take on btcusd EDIT: uploaded betetr pic of analysis {image} {image}
tommy88bgo
It looks like you are right. The bullishness is strong at the moment. Right now 67.5k could be a target.
Clearing that could mean 72k area.
However we have had strong starts like this before...
If you think you can or cannot do it you are correct
  • #2,075
  • Jul 26, 6:27pm (3 hr ago) Jul 26, 6:27pm (3 hr ago)
Quoting nospace022
Likely reversal? BTC ETH Short @ 64,725.0 TP 64,400 {image}
Nospace022
Bullishness has come into the market because of the news about the us/Iran situation.
ETH is flying on the verge of breaking out
I can't chase it here or I would have gone long
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If you think you can or cannot do it you are correct
  • #2,076
  • Jul 26, 6:30pm (3 hr ago) Jul 26, 6:30pm (3 hr ago)
Quoting Isabella_D
BTCUSD H1 {image} slowly up
Well read Isabella_D
Barring any surprises you could hit TP as it is inside the 67.5 window
If you think you can or cannot do it you are correct
  • #2,077
  • Jul 26, 6:36pm (3 hr ago) Jul 26, 6:36pm (3 hr ago)
We have been here before.
Good news over the weekend about the bombing not happening
Everything gaps up Stock market, gold, silver, BTC, ETH etc
US$ down, crude oil down
We get a day or so of strength and then things sell off again
I missed a good tradable move up though...
If you think you can or cannot do it you are correct
  • #2,078
  • Last Post: Jul 26, 7:06pm (3 hr ago) Jul 26, 7:06pm (3 hr ago)
Quoting Olu
We have been here before. Good news over the weekend about the bombing not happening Everything gaps up Stock market, gold, silver, BTC, ETH etc US$ down, crude oil down We get a day or so of strength and then things sell off again I missed a good tradable move up though...
I was kind of expecting this and closed my positions at 64,650. The positive news seems to me to be consistent with a squeeze scenario, but it's hard to say for sure – I think we're about to find out something bad.
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