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β‘ BTC 1D
Would BTC break this pattern for the third time? If so, your price might rise 20%+ in the coming week.
β οΈ I see a very good buying opportunity on GALA. On the left of the screen you see GALA on the daily timeframe and on the right you see the 4 hour timeframe.
β‘οΈ On the daily timeframe the price has risen back into the Falling Wedge pattern which is very positive. On the 4 hours timeframe you can now wait for a drop back to the support level and at the same time the lower side of the Falling Wedge. If the price receives support here then in my opinion the price can rise more than 46% (without leverage).
β‘οΈ Keep an eye on this opportunity. I will also send updates.
Do you believe in predictions from the Simpsons? If so, they predicted an infinite price for BTC in the future ππ
π« As a trader, it is not possible to sit at your computer 24/7. So I too sometimes make mistakes.
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I still leave the other half open for a possible second breakout. But I have my doubts if this will come since it is now weekend. On weekends, prices usually don't rise very much. I will keep you guys updated.
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π© It was another great day! I only made a silly mistake. I opened a buy position on BTC this morning when I also sent this message. But unfortunately I was unable to trade this afternoon and missed the big rise. I can only pay out the position now.
I just closed my half position with a $4741 profit. Obviously this is a nice amount but it could have been more than $9000 π΅βπ«π΅βπ«
πβ‘ And regarding BTC I am selling the whole position for now. As you can see the price has risen hard out of the channel pattern as I predicted for weeks. But the price now ends up around a very large resistance level on the weekly timeframe. I want to see how the price reacts to this before I open another BTC buying position for the long term. I made a nice $8800 profit on this position.
The total profit in just over 24 hours is $11,123. ππ€
π’π₯ Dear members, I have two important updates on MATIC and BTC. Currently I have sold part of my MATIC position with $2240 profit. This as the price hit a resistance level and we were able to make a nice 8% profit within 1 day. I am now waiting to see what the price will do. The price could rise much further but for now it is important to secure a part profit. I hope you also managed to make a nice profit π€
Today is a super good day for crypto. BTC has broken out of the channel. In addition, there is also a breakout of this Cup + Handle pattern on the weekly timeframe. This could bring very big profits. In any case, I have opened my buy positions π
β‘π A while back I made a post about BTC dominance. The price reached an important resistance level. If the price rose over this level it was possible that BTC would rise significantly. Currently the price has risen over the resistance level (on the weekly timeframe) and even over 50% for the first time in 2 years. This means that traders are already buying BTC for the upcoming bullrun. This is very positive. If you don't yet have BTC for the long term, don't wait too long
π I see a very large buying opportunity on MATIC. The price has grabbed liquidity by falling at the bottom of this Falling Wedge however on the RSI indicator we see that the price is actually supposed to be rising again already.
I often trade on these types of moves and believe me, they are often very accurate. Especially on a higher timeframe like this one. This is, in fact, the daily timeframe. π€
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ByBit USDT
#BTC/USDT All take-profit targets achieved π
Profit: 54.7996% π
Period: 8 Hours 6 Minutes β°
