BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
BITCOIN is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 93,774.
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Bitcoin-short
BITCOIN BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
BITCOIN is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 95,029 level.
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BITCOIN BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are now examining the BITCOIN pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 98,358 level.
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BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
It makes sense for us to go short on BITCOIN right now from the resistance line above with the target of 96,962 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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BITCOIN BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
The BB upper band is nearby so BITCOIN is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 96,229.
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$BTC consolidation continues as we approach HUGE UP/DOWN EventI know we cant predict it but we can speculate. I use many many strategies and analytic built into trdingview and many other trading sites tools for trading cryptocurrency and FX stocks etc.. To the point. Using this ML by LuxAlgo sows a bad pic for BTC on 1D and 1W BUT the 1H is showing up trend to 130k~ the opposite for the 1D down to possibly 55k then the 1W is more SHARP down to $35k :L REMEMBER this is a Machine learning bot not the best thing to guess with. BUT it does work for what its made to do and I have made many positive gains with this tool alone or with MACD or RSI or sometimes other ML scrips or analytics.
So please put this over your BTC chart and see what LUX ALGOs ML chart as shown in idea on Left middle side. Check ho various it is not just on BTC but also try ETH and other smaller markets or memes like PEPE or even BONK etc or oter chain types POL(was MATIC) or DOT or ATOM etc. See and check the change between short 1Min - 1Hour vs 1Day - 1Month.
Note THIS indication isn't Correct! No IDEA is not 100%. Remember that. Remember "What WILL BE WILL BE" or "WHAT HAPPENS WILL HAPPEN" as my nan always said if we anxious of future events! It set me free literally as you realize its always going to Be what it Will BE! It cannot be changed! You think it can. and you CAN if you realize this. Then you can act with knowledge that you much make change in the NOW present to make that change you wanted in the Future.
If you manifest it it can happen. and that makes it What will be will be ore true. if you didn't do it it would still BE what it will be at that time. It cant change via thought. It can chnge by action before the "future".
ANyway share BTC knowlede share ideas sty strong! This isnt going to happen anyway...
BITCOIN BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
BITCOIN pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 91,049 area.
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Bitcoin can continue to decline inside downward channelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and dropped to the support level, which coincided with the buyer zone. After this, the price rebounded from the 92800 level, rose to the resistance level, and even rose higher, breaking it again. Soon, BTC turned around and in a short time declined to support level, breakingthe 97500 level one more time and then it made impulse up. Price rose higher than the resistance level, but soon turned around and started to decline inside the downward channel, where it broke the 97500 level again and then fell to the channel's support line. Next, the price tired to grow, but failed and continued to decline. Later BTC fell to the support level, and even declined lower, reaching the support line of the channel, after which it started to grow. in a short time, BTC rose to the resistance line of the channel, breaking the 92800 level, but recently it turned around and fell to the support level. Now, I expect that BTC can rise a little more to almost the resistance line of the channel and then fall to the support level. Then price can break this level and continue to decline inside the downward channel. So, I set my TP at 91000 points. Please share this idea with your friends and click Boost 🚀
BTC ( Bitcoin ) will first need a correctionBitcoin will first need a correction and then continue its upward trajectory.
Given the current situation, it should correct to the highlighted area to evacuate sellers and bring in new buyers.
This support area is quite strong and has the intersection of two strong technical supports.
After that, it will either grow rapidly or, after a little bit of suffering and attracting liquidity from new buyers, it will start to grow incrementally.
If you have followed my ideas, you will see that they always point to the desired point and have a correct prediction trend.
BITCOIN BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
BITCOIN uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 92,876 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the BITCOIN pair.
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BITCOIN Will Go Lower From Resistance! Short!
Take a look at our analysis for BITCOIN.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 95,186.
The above observations make me that the market will inevitably achieve 90,936 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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But A.I. Is The Future!? "But A.I. Is The Future!?" He said while I ignored the excitement happily setting up my short yesterday at $28... In truth I am The CoinSlayer and I haven't shorted much lately well here was one. It was really fun.
Also something cant give me money forever perhaps we climb back up call it a trews???
"One coin to rule them all until there is wait two or three... Oh wait there's another one!!!"
YOLO Moonboyz 🌛 If you feel so inclined to do so.
🚽👄Toilet Mouth: " Why do all your post say Short!?" or a bunch of "BUT, BUT, BUT"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer 👨💻😈
You have been warned by The Coin SLayer!
P.S. Now witha bag!
P.S.S. well two or Ten
HelenP. I Bitcoin will break support level and fall to 98$Hi folks today I'm prepared for you Gold analytics. Some time ago, the price declined to support 2, which coincided with support zone, and some time traded between this level. After this, BTC later made a strong impulse up, breaking support 2, which coincided with the resistance zone and even rose a little higher. But soon, it turned around and made a strong impulse down to the trend line, breaking two support levels. Later, the price backed up, breaking support 2, and even rose to the resistance zone, after which some time traded below this area. Next, it declined to the support zone, which coincided with the trend line, and then rebounded and in a short time rose to the resistance zone, breaking support 1. At the moment, price trades inside the resistance zone in a triangle pattern, so, I expect that BTCUSDT will make movement up to the resistance line of this pattern. Next, it turned around and started to decline, breaking the support level, therefore I set my goal at 98000 points. If you like my analytics you may support me with your like/comment ❤️
BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
BITCOIN is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 89,901.
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Bitcoin can rebound from resistance line and start to fallHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some time ago started to decline inside the downward channel, where it at once reached a resistance line, after which continued to decline. In a short time, BTC fell to the buyer zone and then rebounded to the resistance line again. Then the price dropped to the channel's support line and then made a strong impulse up, thereby breaking the 96250 level and exiting from the channel too. Next, the price rose to 104K points, breaking the resistance level too, after which turned around and started trading inside symmetrical triangles. In this pattern, the price made a strong downward impulse to the support line, breaking resistance with support levels, but later it made an impulse from the support line, and broke these levels again. Later BTC started to decline and soon broke the 100200 level one more time and fell to the support line of the triangle. But a not long time ago it rebounded from this line and started to grow. So, at the moment, I think that the price can reach the resistance line of the triangle pattern and then start to decline to the 96250 support level. For this case, I set my TP at this level. Please share this idea with your friends and click Boost 🚀
Bitcoin can rebound down from seller zone to $94K pointsHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price a few moments ago started to grow inside the upward channel, where it soon reached the 91500 support level, which coincided with the buyer zone. After this, BTc even rose a little higher than the 91500 level, but soon backed up and some time traded near the buyer zone. Later BTC finally broke the 91500 level and rose to the resistance line of the upward channel, which coincided with the current support level. Price at once turned around and made a correction to support level, after which it turned around and rebounded up. BTC tried to reach the current support level but failed and dropped to the support line of the upward channel, after which it made an upward impulse. After this, the price finally broke the 99500 level and rose to the channel's resistance line. Then the price turned around and dropped to the buyer zone inside the triangle, thereby exiting from the upward channel. But a not long time ago it turned around and made impulse up to seller zone, where it continues to trades to this day. So, I think that Bitcoin can leave the triangle and then rebound down from the seller zone, breaking the support level. For this case, I set my TP at 94000 points. Please share this idea with your friends and click Boost 🚀
BITCOIN BEARS ARE STRONG HERE|SHORT
Hello, Friends!
BITCOIN pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 92,443 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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BITCOIN BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
BITCOIN pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 98,279 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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Bitcoin can exit from pennant, after which starts to declineHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price rose inside the upward channel, where it soon reached the buyer zone, which coincided with the support level. Later, BTC broke this level and rose to the resistance line of the channel, but then it turned around and made a correction movement to the buyer zone. In this area, the price rebounded from the support line of the channel and started to grow, so, in a short time it broke the 68800 level again and then exited from the upward channel. Next, BTC continued to move up inside the upward pennant, reaching the support line and rebounding higher. Later, the price reached the current support level (86600) which coincided with the support area, and soon broke this level, after which rose to to resistance line of the pennant. Then it made a correction movement to the support area, after which turned around and rose back to the resistance line of the pennant. Now, the price continues to trades near this line and I think that BTC can exit from this pattern and little grow more. After this, the price can turn around and start to decline to the 86600 support level. Please share this idea with your friends and click Boost 🚀
BITCOIN Will Move Lower! Sell!
Here is our detailed technical review for BITCOIN.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 89,698.74.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 80,500.75 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Previous week’s green candle means that for us the BITCOIN pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 80,322.
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BITCOIN BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are targeting the 71,032 level area with our short trade on BITCOIN which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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