!!!Attention this is not a recommendation, it is a summary of a set of ideas from tradingview It simply serves to inform you.!!!

By: CryptoJournalPro 09:44 Dec 24, 2020 Exchange Binance

BTCUSDT: Overview of the market situation.

Greetings! I want to tell you right away that the situation with Bitcoin is now very shaky, it literally hangs in the balance. The fact of the merging of altcoins and the growth of domination only confirms the fact that people close their positions and enter the cash or stable coins, and bitcoin stands still - everyone is waiting for the next step from it. If we consider an asset on a large timeframe, then its real support is $ 19,500. And if something goes wrong, then he will stop only there. Of course we trade technical in the range of $ 22,500 - $ 24,000. So there are also levels (shown on the chart) for which you can place stop losses. But if you are trading in the long term, or you are simply afraid to enter the market now, then you should know that you need to look closely at Bitcoin only around $ 19,500.

Well, locally everything is simple. Sell ​​from the resistance level . Gaining positions from supports. Don't trade in the middle of the range. The closer to the overflow level, the lower the stop loss will be. Stop loss must be placed! I'm not saying that Bitcoin can't go between $ 25,000 and $ 26,000.

If you like my ideas, please click the "Like" button. I'll be glad.
Have a nice day and let the profit be with you!

By: CryptoGuru369 22:24 Dec 24, 2020 Exchange Bitmex

Bitcoin Bull Flag Ascending Triangle Long to $29K

Hello Future Millionaires!

Wow, what an epic ride this bull has been thus far!!! Albeit I suspect we are nearing a short to medium term high, I suspect we may have one or two more pushes before a 30-40% pullback!

I am looking to long this bull flag / ascending triangle if I see a close above the prior 4H high at $24,016.

The target for this long has confluence with the 4.618 Fibonacci extension from the 26th, November, 2020 range low to the 29th, November, 2020 range high at $19,714.5, which comes in at $28,982.

The measured move for this flag poles comes in at around $29,400, which very close to the 4.618 Fibonacci extension! Further, both numbers very close to the psychological number of $30,000. I would not be at all surprised if we see wicks up around $30,00 should we break out from here!

Daily Fibonacci Extension:

Guide to My Charts

-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!

-Yellow lines are typically used to chart out pattern formations and trend lines!

-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).

-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.

-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.

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Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!

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Entry: 24016
Entry Zone:

T1: 24,500
T2: 25,000
T3: 26,000
T4: 27,000
T5: 28,000
T6: 28900

Stop: 22637

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R:R: 3.54
Risk: 5.74%
Reward: 20.34%
Leverage: 5X
Leveraged Risk: 28.7%
Leveraged Reward: 101.70%

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Disclaimer:

This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.

These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.

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Daily Crypto Calendar, Dec 25th

• SparkPoint (SRK)

SFUEL Airdrop

"SFUEL Airdrop Distribution."

• Veros (VRS)

VEROS Exchange

"Exchange Deployment and Launch in closed test mode | VEROS.eu | CRYPTOCURRENCY EXCHANGES | NEW GENERATION! December 25, 2020."

• SparkPoint (SRK)

SRK-BNB Liquidity Staking

Launch of SRK-BNB Liquidity Staking on Binance Smart Chain.

• Wabi (WABI)

Wabi Masternodes Rewards

Wabi masternodes rewards distribution.

• MesChain (MES)

Token Burn

"500 Million mes tokens will be burned on December 25. Until 01.02.2021. At certain intervals, 300 million coins will be bought back..."

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