BTC/USD - Buy Opportunity

BITFINEX:BTCUSD   Bitcoin / Đô la
What's up traders, I hope you're all having a wonderful weekend.

Here we are analyzing BTC/USD on the 4H chart.

I posted a BTC/USD analysis lately, and it went perfectly to plan (See related ideas for details of this analysis). We are now seeing a new buy opportunity.

At current, price is trading at 6990 after retesting the recent Bitcoin major low at 6500 and since bouncing. It looks like we have a short term opportunity to buy if price breaks 7070. If price breaks this level, I am expecting a short term upside to at least 7440, before a retest will take place to the side-wards resistance, which will be tested as a new support before even more potential upside.

Price will now likely test the side-wards resistance and either break out, or come back into structure before finding the momentum to break the side-wards resistance line.

I will update this analysis when I receive above 40 likes.
You nailed it. Good job! :) I followed your idea.
Phản hồi
Incorrect. Short to 5k.
Phản hồi
Terrible, your losing people money, Please Stop
Phản hồi
milltay dualmass
@dualmass, you're*** losing people brain cells.
Phản hồi
@dualmass, How could anyone lose money? If it broke resistance and failed to retest as support, come out of the trade break even.

Obviously you haven't got your own strategy yet. It's fine. :-)
Phản hồi
dualmass TomProTrader
@TomProTrader, sorry to come off so negative, your doing the best you can, no place for me to say
Phản hồi
Hi Tom
What we call the current price action/drop in BTC? pure market manipulation?
How TA's can help us anticipate such price action?
Thank you
+1 Phản hồi
Another side, comrades.
Phản hồi
TomProTrader PeacefulWarrior
@PeacefulWarrior, I just want to literate, that this "other side" is the exact same as mine

Thanks for sharing nonetheless
Phản hồi
I totally agree, i have the same profit targets
+1 Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất