bitcoin fall down ?long term maybe bitcoin fall down to 16k
btc made down trend channel in day time frame
It is unlikely
But it is possible !
Bitcoin-short
TOTAL DISASTER 2.0Hello my friends,
This update goes to two clowns @heejstrudlos & @shivaondmt
You DO NOT get to have your biased point of view and come into my channel and call me names.
Trade thirsty.
ADA/USDT ShortSwing short to create the next lower low.
Trendlines: would be the third touch of the upper trendline if the recent breach of the outer trend line is a fakeout.
Fibonacci: correlates with a fib placed from the last lower high to the next supply zone under the monthly support.
Resistance: Right under a monthly resistance.
Volumes: rising short volumes can result in long volumes rising to aid the next push towards our entry.
Entry: a market entry around the 2.43 region, watch for wicks around the 2.57 region.
BTCUSD Short IdeaMy previous BTC long hit TP1, and as I said I moved SL into Break Even once that happened, so made small profits on that.
Now, I'm shorting. We have printed an inverse Cup & Handle pattern, and the technical target for that is my TP2. TP1 (the purple line) is at a support zone. Evidently, fundamental factors going on in China are seeming to impact the overall economy negatively which is also reflecting in the crypto space. I'm expecting a falling crypto market for the near future. Will enter and post more shorts if I encounter any.
BTC/USDT Finding the Dip?BTC was on an uptrend since the end of July 2021 after the massive correction between May-July. We can see BTC was very bullish with continuous green candles in the weekly chart until we hit 53k. Since that BTC started to correct. As lots of experts predicted this happen in September.
At the moment BTC broke the 42k Local support and trading below. if we refer to Demand Index it is still positive and we can see a downtrend making LH and LL (Demand Index). This indicates that Bears is in control at the moment bring the buying pressure lower.
So how low we can go?
1. Well we need a big green spike on the Volume indicator to reverse the trend and we haven't seen one since mid-August.
2. If we draw Fibonacci on weekly chat we can see the 50% correction 41k and we touched 40k. If we lose this support then the next stop is the 61.8% at 38k. Worst-case scenario next stop at 34k (78.6%)
This is a prediction purely based on technical and I'm ignoring all the FUD news.
In my opinion, 38k is the area where Whales are loading their cash and waiting to BUY. Only if the Bulls lose the battle at 41-42k.
The best strategy is to do Dollar Cost Average from 42k to 38k and accumulate much as we can. Because If we hit 38k or below then we will see a huge bullish spike in volume that will liquidate major bears and create a domino effect. This means BTC could pump from 38k (or 34k) to 48k in a short period.
This is not financial advice, please DYOR and maintain proper Risk Management strategy
BTC WANA TEST HIS SUPPORTS.🐺🐺🐺Bitcoin is the main currency of the market and it is moving downwards and can cause the fall of altcoins.
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Bitcoin breaking supportsbitcoin is clearly breaking support lines and it's expected to fall lower now. I think the first target is 41-43k zone and if it's broken, the falling is going to continue to 38k zone.
Bitcoin1. Flag needs to finish.
2.EMA's hooking down?
3.Historical Pattern?
4.Price consolidate donwn?
I like the pattern I see. Lets see what happens. Maybe we can get a bounce off of one or both supports!
BTC Short-Term and Zigzag PatternI see a zigzag pattern in the current bitcoin ascent.
As you know, zigzags are 5-3-5. The last ascent of this zigzag (C) will probably be around $ 55,000.
After that, bitcoin will probably go around $ 35,000 to $ 37,000
this correction will probably take more than a month.
THE BIG SHORT - ALTUS.FINANCEGreetings TradingView!
This is the doomsday scenario for Bitcoin, if we fail to close a daily candle back above $52,000 then we can kiss goodbye to the expectations of higher prices this year. I simply don't see it happening.
The truth is that momentum on the RSI is once again falling as the price is increasing, this makes for a bearish divergence as seen when we hit Bitcoin's ATH. We had a huge correction that stung a lot of people who thought were going to infinity.
Based on lower support structures we could be heading to $9500 in the worst possible scenario as this is a high volume node where price has been stable in the past.
Pay attention to daily candles rejecting from the bottom trend line where we are at now!
Happy Trading!
ALTUS
What will happen?BTC 1H TRIANGLE!!
Lets see what will gonna happen!!
Personally gonna open a short setup!
short setup for btcusdtHello my friends
here we have a breaking out of bearish triangle in low timeframe which had a pullback
now if we zoom at it we can see a double top pattern and a confirmed M pattern
I open sell position because risk/reward is fine
decide yourself
not a financial advice
Good luck
BITCOIN SHORT ,TARGET 43800$Nice fibonacci retracement, trendline is looking good ,i think the resistance will hold and will push btc down to that reload zone at 43k.
Bearish Divergence Forming BTCLooks to be forming bearish divergence, along with stuggling to break above key resistance.
BTC Short-term Analysisbtc is in the Rising Wedge pattern
In the current rise of bitcoin, it has reacted and corrected each time to the support levels (purple arrows) of bitcoin.
This current bitcoin wave is very similar to the 3d drive pattern. Which has corrected 38.2 Fibonacci at each time.
After this ascent in the $ 55,000 area, we will complete the Rising Wedge and 3d-drive pattern and prepare for the C-wave bitcoin downtrend in two months.
BTC - 4HJust focusing on current price action, pretty confident in this bias.
Higher time frame analysis also aiding this bias.
BTC/USDT Possible Short Trade SetupLike if you agree with my idea, and feel free to comment your thoughts or any questions you have in the comments section below. Much appreciated.
BTC Bull Trap ShortQQE Daily has crossed down, and the RSI has been overbought for a while now. BTC looks to be curling to the downside (lower high).
Bitcoin overextended phase endsHi everyone!
I am sorry for the basic drawings, i just wanted to publish my idea to see, how many of you agree and disagree with the retracement
as i havent seen any recent retracement idea.
I can see that people are extreme bullish and personally i would be also, if we could hold that 20WMA above the ribbons for few more weeks,
plus breaking the weekly closing high (60k).
I believe thats not gonna happen for a while, in case it will, i will open longs.
On the other hand there are main weekly support lines under the 20k area which i illustrated and i will buy more in case it will touch these key levels.
Happy trading everyone!
BTC/USDT - Midterm gameplan (4H) Hi Traders,
Right now we are approaching important level (Golden pocket = 0.618 of the Drop). In my opinion its wave B and one more wave DOWN should come.
But we have to consider Bullish scenario.
In case we break up to 56K and confirm 50-51K level as support, more growth will come. ;)
Take care and trade safe.
Another Bitcoin DROP! (WARNING) Just base on TA from Higher all the way down to LOWER TIME FRAME.
Nothing to say but a chart to Show.
Thank you
