Trading Opportunity In Bitcoin/Usd

in #cryptocurrency5 years ago


There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.

Technical analysis:
. The RSI bounced from the support #1 at 26 and it prevented the price from more losses.
. The RSI downtrend #2 is broken, so the probability of resumption of uptrend is increased.
. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
. Relative strength index ( RSI ) is 44.

Trading suggestion:
. The price is in a range bound and we forecast the uptrend would resume.
. There is a possibility of temporary retracement to suggested support zone (6000 to 5460). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (6000)
Ending of entry zone (5460)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.

Take Profits:
TP1= @6415.00
TP2= @6974.35
TP3= @7682.60
TP4= @8760.45
TP5= @9774.80
TP6= @11600.00
TP7= @12700.00
TP8= @14350.00
TP9= @17095.65
TP10= @19704.20

If you like the info then upvote
Follow me for more updates


Forex is best at this current moment.
He made $1550 in just 2 days and also mentioned how to signup forex trading.Happy trading

It's a good sign that bitcoin is stable make some profit in alt coins.

Ye chart app log kahan se study krte hai

You got a 41.67% upvote from @steembloggers courtesy of @amit994!

This post has received a 43.33 % upvote from @boomerang.

You got a 35.86% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @amit994! Delegate us Steem Power & get 100%daily rewards Payout! 20 SP, 50, 75, 100, 150, 200, 300, 500,1000 or Fill in any amount of SP Earn 1.25 SBD Per 1000 SP | Discord server

You got a 31.43% upvote from @dailyupvotes courtesy of @amit994!

You got a 41.37% upvote from @emperorofnaps courtesy of @amit994!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

Free but tp11 very free :) nice👍

I want to invest in bitcoin .
Please tell me that is it the best time for invest in bitcoin.

I think now time is winning time


To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

Congratulations @amit994! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Belgium vs Japan

Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

You got a 12.50% upvote from courtesy of @amit994!

Send at least 0.1 SBD to participate in bid and get upvote of 0%-100% with full voting power.

Market is pretty much stagnant, trend break or any upward moment will bring some quick action from BTC


You got a 29.41% upvote from @redlambo courtesy of @amit994! Make sure to use tag #redlambo to be considered for the curation post!

You got a 14.29% upvote from @whalecreator courtesy of @amit994! Delegate your Steem Power to earn 100% payouts.

You got a 44.13% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

Great post!
Thanks for tasting the eden!

Thank you so much for using our service! You were protected from up to 20% losses!

Help us grow by delegating to us! 100sp, 500SP, 1000SP, ANY SP

You just received 24.86% upvote from @onlyprofitbot courtesy of @amit994!

You got a 50.26% upvote from @sleeplesswhale courtesy of @amit994!

near to go moon market. market is pretty much stagnant trend break or any upward moment will bring some quick action from BTC.

You got a 55.78% upvote from @brupvoter courtesy of @amit994!

Sneaky Ninja Attack! You have just been defended with a 27.97% upvote!
I was summoned by @amit994. I have done their bidding and now I will vanish...

A portion of the proceeds from your bid was used in support of youarehope and tarc.

Abuse Policy
How to use Sneaky Ninja
How it works
Victim of grumpycat?

You received a 25.00% upvote from @brotherhood thanks to @amit994!,
join on @brotherhood community on discord channel: and share your post there.
Delegate to Bot and Get High Return Fix 100% earning return,
guaranteed positive ROI (15%)
bidders will always win something and it will adapt to distribute all the 100% upvote ,now we reached to 46000SP and recommend. send the 0.5 to 2 sbd or steem.

@amit994, you are saying there is trading opportunity in bitcoin but in India after the rbi new guidelines, the faith of people become less in the virtual currency. Zebpay and unicoin customer are in fuzz what to do in india now

very simply explained

I vote for you, you vote for me. I like your post, your post is very good.

Coin Marketplace

STEEM 0.20
TRX 0.06
JST 0.028
BTC 23607.89
ETH 1664.58
USDT 1.00
SBD 2.66