Bitcoin (XBTUSD) Long Setup (57.5% ROE Possible on 5X Lev.)

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BITCOIN (XBTUSD) CAN GO HIGHER!
Let's take a look at the chart below and see if you are interested in a low-risk trade with great potential and a tight stop-loss...

Bitcoin (XBTUSD) tried to break above EMA100 on the 4H time frame multiple times before succeeding. I would like to take a closer look at this...
Please allow me to entertain you for a few minutes:

  • First we see over 12 failed attempts to break above EMA100, which is the blue line. But XBTUSD would always produce a higher low on the retrace after each attempt.
  • It finally broke above EMA100 and remained above it. There was an attempt to push the price down unsuccessfully and XBTUSD moved to close above $8075 with good strength and volume. With this move, we can expect additional bullish action.
  • Both the MACD and RSI are on the bullish zone which gives further strength to this setup.
  • If XBTUSD can remain trading above EMA100, it is very like that it will go higher and reach $8750 or up to $9000+... Certain conditions must be met so it can move back down.


I am looking at a low-risk but highly profitable trade setup here if you trade on BitMEX... Up to 57.5% ROE for profits potential in a short amount of time...
All the details are on the chart.

Would you like to see this trade?
If we get 150 likes we will share the full trade details (buy-in, targets, stop-loss, lev, and additional details).

We had a recent trade for Litecoin (LTCM19) with amazing results. We also did good with Tron (TRXM19), Ripple (XRPM19) and basically all of our latest BitMEX trades.

You can find the last one here:
[LONG][LTCM19][7X][142.1% ROE] Litecoin Signal @alanmasters


Thanks a lot for reading.

Namaste.

----------
THIS IS NOT FINANCIAL ADVICE.
LEVERAGE TRADING IS ULTRA HIGH RISK AND INTENDED FOR EXPERIENCED/ADVANCED TRADERS ONLY.
This is not for beginners, beginners should trade altcoins in any of the major exchanges and skip BitMEX all together.
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Previous analysis:
Bitcoin 2020 Going To $82,352 (Simple 12345 Elliot Wave)
Nota
Latest BitTorrent (BTTBTC) update, shared today:
BitTorrent Retrace Likely To Be Over (Next Up Wave Starts Soon)
Nota
We also did well on Cardano (ADAM19) with our trade generating 122.22% profits with more to come. You can see it here:
[ADAM19][7X][LONG][262% ROE] Cardano on BitMEX Mid-Risk
Nota
Here is an example of a full trade, this one is for Ripple (XRPM19):

XRPM19]LONG]7X]286.93% ROE
[XRPM19][LONG][7X][286.93% ROE] Ripple Bullish on BitMEX
Nota
Bitcoin (BTCUSD) forms a double bottom with increasing volume on the 4H time frame, the bullish setup is playing out nicely so far... (This new upcoming trade is time sensitive... Hit like to show your support):

4H: istantanea

1H: istantanea
Nota
[B]ChainLink (LINKBTC)[/B]
ChainLink (New All Time High) Does 300%+ (Altcoins Bull Run)


[B]Qtum (QTUMBTC)[/B]
[QTUMBTC](60%) Qtum Ascending Triangle Trade Signal @alanmasters


[B]NAV Coin (NAVBTC)[/B]
NAV Coin Long Term, 1710% to All-Time High (New Low Just Hit)
Nota
New higher high for BTCUSD on the 4H time frame... Lacking some momentum...

istantanea

12H Resistance levels: istantanea
Nota
Gaining some momentum now: istantanea

1H: istantanea
Nota
NANOBTC:
NANO Is Looking Quite Bullish, Breaks First Resistance
Nota
YOYOBTC](80%) YOYOW Is Breaking Out, Trade signal
[YOYOBTC](80%) YOYOW Is Breaking Out, Trade signal @alanmasters
Nota
Bullishness Throughout Total Cryptocurrency Market (TOTAL)
Bullishness Throughout Total Cryptocurrency Market [TOTAL]
Nota
FULL TRADE as promised:
[XBTUSD][LONG][5X][57.5% ROE] Bitcoin on BitMEX alanmasters
Nota
Going good as planned... Thanks a lot for trusting and continued support. :)

ENJOY THE PROFITS!
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