Built by Traders, for Traders

Here’s Where BTC Could Bottom

The market still shows BTC, the world’s leading digital currency futures market, in a long term bullish uptrend. 

And that’s good for those who have invested in the digital currency.

But for those on the sidelines – traders like us – we’re seeing better trading positions by being patient and waiting for a better entry level.

Read on for our trading take and chart analysis…

Waiting for the Right Level

Here’s how we see the major digital currency of BTC trading on a long term time frame…

BTC Futures Contract (BTC) Price and Technical Analysis – Source: TradingView

The BTC monthly time frame is in a long term bullish trend. The market is moving from a high price towards a future low price.

The market has a down gartley Fibonacci extension price point 10,300, which is near the up trend line.

If the market hits the down gartley Fibonacci extension, it is expected the market will make a bullish U-turn towards 76,555, which is the monthly up Fibonacci extension.

It will be a good idea to turn to the daily time frame and to wait for the market to break the down daily trend line before looking for long ideas.

The Bottom Line

There are multiple ways to trade the futures, stock and other markets. We can trade the indexes, both up and down, as well as individual stocks… 

But my colleague and stock trading pro Ross Givens has come up with some incredible strategies of his own that continue to impress.

If you’re interested, check out the important P.S. below…

For more on the markets as well as trading education and trading ideas like this one, look for the next edition of Josh’s Daily Direction in your email inbox each and every trading day.

I’ll be bringing you more of my stock and futures contract trading tutorials as well as some additional trading ideas.

And before you go, head on over to the Traders Agency YouTube channel for breaking market news, live trading sessions, educational videos and much, much more!

Click here now to subscribe!

Keep on trading,

P.S. My colleague and expert stock trader Ross Givens continues to work on many of his strategies and his overall research. 

And in particular, he has some great “stealth” trading ideas that the market is missing… but you don’t have to.

To learn more, click here!

The post Here’s Where BTC Could Bottom appeared first on Josh Daily Direction.

Even Bill Gates himself has said that generative AI has “peaked” and that the next version of ChatGPT won’t be much better than the current version.

So where will the next wave of AI innovation – and profits – come from?

Joshua Martinez

Joshua Martinez

Joshua Martinez is the Founder & Instructor For Traders Agency. Since 2011 He has traded Forex & Futures and helped over 10K Students
All Posts »

Leave a Reply

Your email address will not be published. Required fields are marked *

TRADING TO THE NEXT LEVEL

Your market analysis is about to get a whole lot simpler.

Subscribe to Stock Surge Daily – a free newsletter including Ross’ Weekly Trade Ideas and more!

Tech stocks are rallying – and Ross Givens’ #1 Tech Stock of the Decade has been making BIG moves you don’t want to miss. 

 
 
 
 
 Traders Agency 
 
 
 Traders Agency
  
 726 Google reviews 
 
 Write a review 
  
 
 
 
 
 
 
 
 
  
 
 
 
 Matt Eberle 
 
 
 Matt Eberle 
 
March 27, 2024
 
 
  
Very down to earth people. Within a month I got my investment back signing up with these guys. They help me get some of my investments on a better track. I've now been with trader agency for three month to my investment  profile from a 6 percent return on my own. With there help going over my etrade profile  to a 45 percent  return in 90 days. Yes your using money to invest but, listen to these people and follow there directions you do just fine. Trader agency know the market and other customers  will give you hints too.
  
 
  
 
 
 
 Chris Boaggio 
 
 
 Chris Boaggio 
 
March 25, 2024
 
 
  
I’m still learning but Ross is the man I wish I had the knowledge he has and I’m so thankful he is willing to share it with us. I’m sure, like me, most of you aren’t natural stock gurus but the more I listen to him the more I learn, I still have a very long way to go but the more time I put into it the more I learn under his guidance, thanks Ross.
  
 
  
 
 
 
 Jeff Ledsome 
 
 
 Jeff Ledsome 
 
March 9, 2024
 
 
  
I was new to trading and Ross and the team got me up to speed quickly. Just became a VIP and I’m looking forward to learning even more.
  
 
  
 
 
 
 Erick Frias 
 
 
 Erick Frias 
 
March 4, 2024
 
 
  
Ross and his team are the real deal. There are no promises to make you an overnight millionaire but to work with you long term. They are honest, down-to-earth, and extremely knowledgeable. I am glad I made the decision to join them.
  
 
  
 
 
 
 Steve Barrett 
 
 
 Steve Barrett 
 
February 21, 2024
 
 
  
Ross Givens from Trader's Agency is an awesome resource to help you with your investing needs and investing education.  I waited about three months to write this review to give myself time to see the impact on my portfolio and I have been completely satisfied.  Ross has a no nonsense, simple approach that makes it easy for all investors and he takes the time to answer all questions on a weekly basis.

Thanks, Ross and Traders Agency!
  
 
  
 
 
 
 Robyn Wood 
 
 
 Robyn Wood 
 
February 12, 2024
 
 
  
Great Educational Webinars! Ross is a great educator. Explains things clearly and succinctly. Very good stock picks. I learned a lot! And I profited greatly! Thank you Ross
  
 
  
 
 
 
 Phil S 
 
 
 Phil S 
 
February 8, 2024
 
 
  
Excellent experience with representative Chris Price. Most personable, understood my question/concern, and provided a professional resolution to my satisfaction.  Many thanks for your assistance.  Much appreciated.
  
 
  
 
 
 
 Orrin Ratliff 
 
 
 Orrin Ratliff 
 
February 8, 2024
 
 
  
Stealth Trade at 5$ got me in the door. Very much a beginner at trading stocks. Ross and his team do a wonderful job at explaining the ins, outs, charts, highs, lows of trading market stocks. After a couple months i went in on the Fire Trade with them and have not looked back. When i have more funds available i will join the Alpha and Insider as well. The methods Ross uses are Top Notch. They are Smart and Wise with their clients financial Risk vs the Reward. They have a Customer for life here and will brag all day about Trader Agency gains.
Trustpilot

+1-888-483-5161

Monday – Friday

9:00 am to 5:00 pm EST

Our Products

Resources

Corporate Offices

20 North Orange Avenue
Unit 1100
Orlando, Florida 32801

THIS MATERIAL IS OFFERED FOR EDUCATIONAL AND GENERAL INFORMATIONAL PURPOSES ONLY. NO INVESTMENT ADVICE OFFERED.

This is an advertisement for online information courses, workshops, classes and other educational programs relating to finance and investing. It is not an advertisement for investment advice. Pursuant to FTC regulations and federal law, Traders Agency, LLC intends for the information in this advertisement to be truthful and not misleading. Accordingly, any and all readers of this advertisement (this means you) are fully informed that none of the information, material, or courses that Traders Agency, LLC offers constitute investment advice as defined by the SEC and by federal law. These materials do not take into account a subscriber’s (this means your) particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation (this means to you) for the purchase or sale of any security or investment strategy.

Under SEC regulations and federal law, the purchase, sale, or advice regarding any security, other financial instrument or system can only be performed by a registered/licensed industry representative such as, but not limited to, a registered investment advisor. It is very important todo your own analysis before making any investment based on your own personal circumstances.

Investing involves substantial risk and results are not guaranteed.

Neither Traders Agency, LLC nor its principals or affiliates are registered investment, legal, or tax advisors or broker/dealers.

Traders Agency, LLC is not registered with the SEC or licensed as an investment adviser. We do not offer investment or financial advice. Individual subscribers (this means you) are solely responsible for confirming the accuracy and appropriateness of the provided information for their own uses with their personal tax, finance, or legal advisor.

INVESTING INVOLVES RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. RESULTS ARE NOT GUARANTEED.