When Bitcoin Futures September 2023 ($~BTCUSD) Moves Investors should Listen

September 13, 2023, 08:45 am ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ~BTCUSD

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short ~BTCUSD slightly under 27049.87, target n/a, stop loss @ 27127.99 Details

The technical summary data is suggesting a short of ~BTCUSD as it gets near 27049.87, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 27127.99. 27049.87 is the first level of resistance above 25925, and by rule, any test of resistance is a short signal. In this case, if resistance 27049.87 is being tested, so a short signal would exist.

Swing Trading Plans for ~BTCUSD

• Buy ~BTCUSD slightly over 26466.02, target 27049.87, Stop Loss @ 26389.59 Details

If 26466.02 begins to break higher, the technical summary data tells us to buy ~BTCUSD just slightly over 26466.02, with an upside target of 27049.87. The data also tells us to set a stop loss @ 26389.59 in case the stock turns against the trade. 26466.02 is the first level of resistance above 25925, and by rule, any break above resistance is a buy signal. In this case, 26466.02, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ~BTCUSD slightly near 26466.02, target 25046.96, Stop Loss @ 26542.45. Details

The technical summary data is suggesting a short of ~BTCUSD if it tests 26466.02 with a downside target of 25046.96. We should have a stop loss in place at 26542.45 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 26466.02, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ~BTCUSD

• Buy ~BTCUSD slightly over 25930.16, target 26466.02, Stop Loss @ 25869.66 Details

If 25930.16 begins to break higher, the technical summary data tells us to buy ~BTCUSD just slightly over 25930.16, with an upside target of 26466.02. The data also tells us to set a stop loss @ 25869.66 in case the stock turns against the trade. 25930.16 is the first level of resistance above 25925, and by rule, any break above resistance is a buy signal. In this case, 25930.16, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ~BTCUSD slightly near 25930.16, target 25406.35, Stop Loss @ 25990.66. Details

The technical summary data is suggesting a short of ~BTCUSD if it tests 25930.16 with a downside target of 25406.35. We should have a stop loss in place at 25990.66 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 25930.16, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Bitcoin Futures September 2023 (~BTCUSD) available here: ~BTCUSD.

~BTCUSD Ratings for September 13:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	27049.87
P2	25406.35	25046.96	30655.37
P3	25930.16	26466.02	34546.38

AI Generated Signals for ~BTCUSD

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Bitcoin Futures September 2023 (NASDAQ: ~BTCUSD) report below is a real world example. Included are trading plans for ~BTCUSD, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.