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Bearishsetup

Bitcoin forming a bearish channel perspective!!!Analyzing the Daily timeframe, we could to expect another possible crash in the Bitcoin price. But it's very important to analyze well the fundamental analysis in this week incoming what we expect from more news in macroeconomic point. Also, I draw a model of this bearish channel perspective and I believe that we formed the ABCDE pattern correction into this chartist pattern. Remember that we're in the bear market, and it's not sure that Bitcoin going to up, at least combining our technical analysis with fundamental news that affect Bitcoin price. Right now, we see a bearish hammer candlestick formed in Daily timeframe indicating sell-off. There's a possible short position to $21,300 USD to take advantage of this trade if you trade cryptocurrency I hope that this idea support you!!!
COINBASE:BTCUSDShort
by harisonhbn9718
BTC/USD: Bearish channel outlookBitcoin forming a bearish channel that still in this downtrend and we're in the good point to short in Daily timeframe to short this bear market. Also I read that Elon Musk (CEO of Tesla) sold all his Bitcoin worth in over $770 million. Also for reference, I apply the fibonacci level and Bitcoin it's in the point of 0.382% to sell in this timeframe. We formed a bearish hammer indicating sell-off. I will take a short position now and I put my sell order limit to $22,500 USD. Stop Loss to $25,650 USD and my target to $14,000 USD. I see a bearish perspective in Daily and Bitcoin it's preparing to another crash incoming. Good luck!!!
COINBASE:BTCUSDShort
by harisonhbn9718
1
CAD/CHFAt the moment, Canadian Dollar/Swiss Franc forming a nice bullish rising wedge and could to make an interesting movement that we could to find up long position in the smart zone to bought. As I'm shorting CAD/CHF and I'm in profit with over 30 pips. This analysis look very interesting to have a trade plan. i hope that this idea support you!!! In Daily timeframe, we could to see an interesting chart to look because the candlestick still in this downtrend, and we could to see that price could to move to $0.7380 CHF (Daily strong support) that I show you here. I'm shorting CAD/CHF what I made a comment in my past analysis CAD/CHF to short on Tuesday, what I expect to down, then up as I expect and now the price was in the weak, but now, I'm in profit in CAD/CHF.
Short
by harisonhbn9718
USD/JPY: bearish channel flagU.S. Dollar/Yen Japanese forming a bearish channel flag, what we could to look a short opportunity in USD/JPY in H2 timeframe. Analyzing the price action, the trend it's move the Dollar to the downside. Also on Wednesday, we hope a fundamental news that Federal Reserve reduce the hike interest rate to 0.75% and cooling down the inflation. Also, this will be transitory this bearish side, because that put in good point that Dollar still in the strong in front of currencies and assets, what make a bull cycle in the Dollar. So, but now, I see a short position. I add a sell order limit to $136.55 JPY. Stop Loss to $137.01 JPY and target to $134.90 JPY. This it's the H4 timeframe because we broke-down the up trend line and right now, there's an indication to sell USD/JPY I hope that this idea support you!!!
Short
by harisonhbn9718
3
GBP/CAD: UpdateGreat Britain Pound/Canadian Dollar stil in this downtrend. Also I will do this update in this Forex par as this it's a short opportunity that I see in H2 timeframe. Also, my sell order limit around $1.5456 CAD was activated and I'm shorting this par with +20 pips earned for now. Also, the par it's in this opportunity that you can to put a sell order limit to $1.5450 CAD approx. and the same Stop Loss that I have in the box where to say trade information, you can to view my details. GBP/CAD break out this bullish diagonal line and we see a good momentum to short GBP/CAD The price it's into this bearish channel formed in H4 timeframe Good luck if you short GBP/CAD
Short
by harisonhbn9718
5
EUR/AUD: 0.618% Fibonacci gold entryEuro/Australian Dollar look bearish in this side following the bad news in Euro currency and economy and how this Eurozone economy will affect the gas crisis through the world. So, I want to share some screenshot that I share here. Euro it's look extremely bearish in Daiy timeframe and also, I hope an opportunity that we could to short EUR/AUD during days and weeks to see. EUR/AUD it's in the gold zone in the 0.618% fibonacci key level and I see a good trade that we could to find down 194 pips in this only trade. So, I will put a sell order limit to $1.4930 AUD. Stop Loss to $1.5005 AUD (75 pips) and take profit to $1.4735 AUD (194 pips) So, I hope that this analysis support for you Good luck!!!
Short
by harisonhbn9718
3
GBP/USD: bearish perspective; udpateSterling Pound/U.S. Dollar it's in the supply zone, but I decide to closed up manually this trade right now. But if we see another opportunity, only we would need to wait the reaction in that grey zone and also in the blue line of the supply zone to watch. So, I will wait a little more, as I believe that Sterlign Pound get manipulaton in that zone. For that, hope next opportunityt to short in the supply zone. Meanwhile, we're in the bearish channel and Sterling Pound it's moving to the downside what we can to short GBP/USD I hope that this analysis support you!!! I'm in short in GBP/CHF and EUR/AUD.
Short
by harisonhbn9718
1
GBP/CHF: UpdateAt the moment of this analysis, Sterling Pound stil failling in front of Swiss Franc. Alos, I mentioned yesterday that I pushed a sell order limit to $1.1680 CHF, now in the morning Sterling Pound climb a little and my Stop Loss still around $1.1719 CHF. And also the movement that made Sterling Pound was manipulated and my position in Sterling Pound/U.S. Dollar I have been liquidated loss 3.02 % in this trade. What Sterling Pound it's in bearish movement in front of U.S. Dollar and Swiss Franc. It's mean: GBP/USD = bearish GBP/CHF = bearish So, GBP/CHF continue in my right direction and at the moment I'm in profit with over 40 pips what I see. My own target still around $1.1530 CHF around 151 pips This it's my udpate of my par GBP/CHF!!! This it's the H4 timeframe
Short
by harisonhbn9718
2
Cardano forming a symetric triangle to overview now!!!Cardano price forming a symmetric triangle in 3 Daily timeframe and it's in this clearly consolidation that could to up to $0.61 cents again to watch this smart price to sell this cryptocurrency, and also entry in the smart point to sell and following the trend always. So, I will closed up my short now because crypto could to up a little ,but it's not to the moon and always following the trend it's a key to learn very good. In Daily timeframe, we formed a demand zone over here around $0.47 cents and price continue climb to see now a possible chartist pattern in formation. So guys, I have this perspective shorting ADA in 3 Daily timeframe. I expect that the price climb to $0.61 cents approx. and then wait to entry in short position in that zone to sell Cardan toward my new point $0.20 cents. This it's a crash of almost 70% I hope that this idea support you
BINANCE:ADAUSDShort
by harisonhbn9718
4
Bitcoin could to crash easily to $12,500 USD soon!!!In my Daily analysis, I share my own point what I see in the Bitcoin price. I don't thinking to long Bitcoin for nothing, because we're in the clearly bear market. What I can to hope it's that Bitcoin reach $22,500 USD approx. and watch this point of supply zone to sell in that point. I can to calculate the past crash that Bitcoin was around $30,800 USD on June, 8, 2022 and crash to $17,800 USD on June, 19, 2022 and it's take 11 days to crash over -44%. What I can to see, we could to repeat the same play to watch a possible the beginning of the crash from $22,500 USD to $12,500 USD in the next step out to watch. So, I hope that this idea support you in this expectative in the Bitcoin price.
COINBASE:BTCUSDShort
by harisonhbn9718
EUR/GBP: Zone of TrapEuro/Great Britain Pound made this break-out of this consolidation But for who entry around 0.8580 GBP, you're target could be 0.8630 GBP, because you will need to pay attention in 2 point to watch in this possible market trap and entry in the possible short in this par against what they're boughts in the moment, but a lot carefully trade EUR/GBP. We're in this bullish channel, but you will need to pay attention in H1 timeframe what I look. And maybe we could to expect a bearish movement incoming I hope that this idea support you I will keep update this par until get conformation to short EUR/GBP Keep update!!!
Short
by harisonhbn9718
1
USD/CAD: The price could to become bearish in this sideU.S. Dollar/Canadian Dollar look with a bearish perspective that I analyzed today and I see that some negative news has become a critic point about the unchanged interest rate. To be very analytical, In H4 timeframe, the price could to move to the key yellow zone, and also I draw a gray zone like confluence to watch in these points that the price could to change. The MACD still in the sell point. And now, analyzing the H2 timeframe, it's look bearish in that point based in the price action. But beware what you draw, the gray zone in the H4 timeframe around $1.2981 CAD it's a weak support, but the key support it's around $1.2872 CAD. For that, I hope a bearish movement in USD/CAD As I analyzing in H2 timeframe. I put a sell now and Stop Loss to $1.3023 CAD (41 pips) and target to $1.2872 CAD (111 pips) I hope that this analysis support you!!!
Short
by harisonhbn9718
1
GBP/AUD: Break-out trend lineIn H1 timeframe, GBP/AUD made this break-out in H1 timeframe and I believe that the price it's moving to the key zone to watch $1.7482 AUD becuse in that point could be a good confluence to entry in the bought. If you see very carefully, we're in the bullish trend in GBP/AUD following this bought zone. Also, I will going to entry in short position add a sell order limit in the price of $1.7594 AUD. The Stop Loss around $1.7663 AUD (60 pips) and target to $1.7482 AUD (120 pips) This it's the H4 timeframe and I see the following perspective. First, GBP/AUD will lead to the blue order block to find up a possible demand in this zone. and then, to watch what could to happen, it's one of the following model that I draw to take in perspective depending the price action. First, if I see any break-out of this blue zone and if make a pull back like resistance zone, then I will re-entry in short. But in case that trying to break-out the blue zone, but bulls forming a demand zone, then I will bought in that smart zone to watch!!! I hope that this analysis and idea support you in your Forex trade Good luck!!!
Short
by harisonhbn9718
2
Ethereum weekly analysisEthereum it's in the bear market confirmed very well and the price it's below of the EMA 200. Durin this day, we see that Ethereum reach arounD $900 USD. The price it's around $1,060 USD. Right now, in weekly timeframe we see a bearish movement in the price action and the RSI forming a bearish divergence making higher low in the indicator showing weakness of the trend. So, based this analysis, I calculate that Ethereum could to reach $474 USD in the next weeks to watch. Also, I share my monthly timeframe here that this month was extremely bearish for Ethereum So guys, I will share those analysis here to know my own opinion and perspective for crypto-markets. I hope that this idea support you!!!
COINBASE:ETHUSDShort
by harisonhbn9718
11
CAD/CHF: short position; new updateFor what I analyzing in H1 timeframe, the price action only trying to break-out at favor by bulls. But we're in the point that we would need to short in H1 timeframe and keep away the H4 becuase the bullish perspective could be cancelled now, but taking in note that we're in the bull trend. I will put a sell order limit to $0.7727 CHF and target to $0.7660 CHF (68 pips) and Stop Loss to $0.7752 CHF (24 pips) Also to take confluence, the Oil it's drop and this it's a good alarm that Canadian Dollar will slip down. This it's the panoramic in H4, we're still in this bullish channel perspective, but the price action take momentum of bears in H1. So, in this timeframe I see a 2 bearish candlestick with rejection and signal. I see a bearish pressure in the first candlestick and more later we see a beamish hanging man indicating sell in 2 confirmation more. That it's a bearish signal that CAD/CHF will down at least maybe 60 pips. Also, I draw this level support to watch very good. I hope that this idea support you. Remember, the trend still bullish, but CAD/CHF it's into this bullish channel in formation and we're still in the phase #4 of Elliot Wave Cycle Good luck in this short position
Short
by harisonhbn9718
8
XRP it's moving to this crash to $0.24 centsIn this quickly analysis. I'm shorting XRP right now and I see that the price it's make a descending the price in these days that we have it. So, I use the Astroforex, similar that I use in Forex Daily analysis and work better to identify entries in the trend. Also to share, in weekly timeframe we keep bearish in this trend and I'm bearish in XRP I'm shorting XRP until $0.24 cents. And I keep the SL to 40.46 cents. Good luck if you're going to short XRP!!!
BITSTAMP:XRPUSDShort
by harisonhbn9718
2
ETH/USD: bearish candlestick pattern to short EthereumEthereum continue into this downside and I believe that we're in the good place to short Ethereum in H4 timeframe. I show you the 3 candlestick pattern in the display what I see in this analysis very good to short Ethereum And also, I make this analysis because in H8 timeframe we're in the good place to short Ethereum and following the trend, but in any moment we could to break out this up trend line that you can see in H1 timeframe. I entry around $1,798 USD and I put my SL to $1,867 USD and target to $1,617 USD using this Fibonacci. To look, in the H8 we take the point 0.382% of Fibonacci and if we see in H4 timeframe, the price make confluence in the 0.618% of Fibonacci level. And that it's a good confluence and analysis here to short cryptos. I hope that this idea support you
COINBASE:ETHUSDShort
by harisonhbn9718
EUR/GBP: bearish hammer formedIn this analysis and update, I make an analysis in H4 timeframe and I see a bearish opportunity to find down. So, we're into this symmetric triangle, but looking in this timeframe the price could to make the reversal to goes to the up trend line around 0.8460 GBP. This it's a good opportunity to short EUR/GBP in this timeframe, the're not any bullish signal as the bullish signal was in the precise candlestick that it's below of this. My entry price was around 0.8514 GBP (56 pips) and target to 0.8460 (GBP and SLto 0.8540 GBP (24 pips) Good luck!!!
Short
by harisonhbn9718
1