Dear traders, what are your thoughts on BTCUSD trading? Buy or sell? Take a look at my thoughts. I hope it will be helpful to everyone. The bullish momentum of BTCUSD remains unabated, with only a small fluctuation of 4,000 points today. The current short-term support is at 88,000-86,000. Judging from the trend, BTCUSD will continue to rise, which depends on the early impact of non-agricultural data, so the support below BTCUSD is strong. Therefore, it is a wise choice to go long on BTCUSD. For reference only. Mainly follow the real-time trading plan within the analysis circle.
https://www.tradingview.com/x/EMjPTq3W/ Hello,Traders! USD-CHF is making a Bullish rebound after a Bearish breakout but the Pair will soon hit a new Horizontal resistance Of 0.8955 from where We will be expecting a Further move down Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long NASDAQ:MPWR into Earnings, good risk/reward here on supply flipped demand area that has held up well, not the mention the .768 retest is on your side as well
Tomorrow Broadcom reports it's earnings after regular trading hours. It will be very interesting to watch, because the share price is near a long term trend line. This trend line coincides with the 200 dma, which adds to the significance of this support. If earnings (and outlook) fail to satisfy the market's expectation, this long term trend can be broken and we can expect a correction to take place. In that case I would expect the price to drop to at least the first Fibonacci level of around 160. However, it can go (much) lower from there. But, let's first watch the earnings report tomorrow and then decide what to do.
Will this scenario play out for the rest of March? Strong support turned resistance at this level. Any leveraged positions must be taken out with proper risk management. Any news can happen at anytime. Stay safe traders.
Good Evening and I hope you are well. comment: Market made a lower high. Most important fact today. Higher low also but for bears it was more important than for the bulls. Range is contracting between 20300 and 20730, so play it. News bombs will likely determine what we will do tomorrow. Embrace the volatility. Trade small and take profits along the way. current market cycle: trading range - only daily closes below 20000 mark the end of this bull trend key levels: 20300 - 20730 (above 20730 we will likely go for 21k / below 20300 is 20000) bull case: Bulls are in reach to break the bear channel and melt higher again. They need to break above tomorrow or bears might do the unthinkable and go below 20000 into the weekend. We have corrected 10% from the ath and a bounce would be a bit more fitting than continuation. My W2 target is around 21200. Very important for bulls is to print higher lows tomorrow, means staying above 20215. Invalidation is below 20215. bear case: Bears continue to have deep intraday bear legs so bulls are not too happy in buying high, which is probably why we are contracting again. Bears want to continue this sharp sell off into the weekend, likely below the big round number 20000. They are still in control until the bear channel is broken. Invalidation is above 21740. short term: Neutral but I kinda slightly favor the bulls since we are at the 2024-11, 2025-02 and 2025-01 support. If the bear channel continues, so be it. Happily shorting this for 20k then but I’d be more surprised if we do not make new highs above 20740 tomorrow and test 21k again. medium-long term - Update from 2024-02-23: Neutral since we are in a 4-5 month trading range. Still leaning heavily bearish for this year but for now it’s sideways until we get consecutive daily closes below 20000. trade of the day: Range was clear and given, have to play it. Both sides made good money today.
Zu beachten ist das dies keine wierkliche Analyse sondern mehr mein Gefühl wiederspiegelt. Ich Analysiere selbst mit EW und da ist mein Primärszenario das im Chart eingezeichnete. Die Folge wäre die lilane Chartentwicklung. Die anderen beiden sind auch gut möglich wobei mir die dierekte Korrektur auch anlächelt da diese auch nicht sehr schlecht aussieht bezüglich vorallem der Indikatoren im Weekly und Monthly. Die aktuelle Marktlage ist sehr unübersichtlich, da wir einerseits ziemlich bullisches Momentum durch Trump und die Fear erwarten, anderer seits ist der Markt stark überhitzt und volatil was zu schnellen Sentimentwecheln führen kann. Naja mal sehen bin mir hier auch sehr unsicher und denke ich liege falsch, was nicht schlimm ist weil ich später mit mehr Infos mehr sagen kann und besser reagieren kann. Ist ein Versuch....
Bitcoin hat es geschafft, die 50-EMA im 4-Stunden-Chart zu überwinden und diese als Unterstützung zu etablieren. Derzeit kämpft der Kurs mit der 800-EMA, doch es sieht so aus, als könnte Bitcoin weiter nach oben ziehen. Der MACD zeigt positives Momentum im Histogramm, und der RSI liegt über der neutralen 50er-Linie – beides bullische Signale. Sollte die 200-EMA im 4-Stunden-Chart erreicht werden und als Widerstand wirken, könnte der Kurs vorerst zurückfallen. In diesem Fall müsste die 800-EMA als Unterstützung dienen und den Kurs auffangen. Optimal wäre es, wenn Bitcoin noch vor dem Wochenende die 200-EMA überwindet und sich darüber halten kann, um die bullische Struktur weiter zu festigen.
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