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Bitcoin-short

4H Evening Star Doji - At Resistance We have formed a bearish evening star doji candle right at resistance. The last time we had such a candle at resistance BTC fell 20% in about 12 hours. Even though bitcoin has been completely invalidating all bearish scenarios, I think this is the one that does it in. Not to mention the ridiculous bearish divergence that has been playing out. Most bears have now flipped to bulls and the moon boys are extremely euphoric. We could very well see a large pullback here in the upcoming hours. But who knows BTC is so manipulated that it could just defy all TA once again and just continue to the upside, but I wouldnt bank on it. I would expect alt coins to take a massive hit as well. Ive opened a short here. Looking to take profit around 47.5K. Thank you for viewing my post!
Short
by Nutty_Trader
5
BTCUSDT New Short Position This is my new short position on BTCUSDT, price of BTC has been going up very fast for the past few days, and now it seems to have reached exhaustion, in sharp uptrends this usually means a ranging market is coming for the next few daily candles or a retracement to touch some important moving averages and to gain more volume to continue going up. This could be a formation of a new macro pattern in which we could be at the top of its newly formed resistance at around 56.2k Keep in mind that it is very risky to short in a uptrend and only do this on no more than 2x leverage if you even use leverage.
Short
by mastertrade23
BTC/USDT - Approching end of Bull Trap (Wave B) Hi Traders, As you can see, the chart of BTC is showing some interesting growth opportunity. So the question is when to take profit and to stay on safe side ? In my opinion, we are very vclose to end of wave ((c)) of B. Very close to Golden pocket retracement. 0.618-0.65. Also Price Action is forming some kind of overlaping structure which could be wave (v) of ((c)). Cosisting of 3-3-3-3-3 waves. So focus on 1-2-4H timeframe and count subwaves. Bullish scenario - if we cross 52,4K than, BTC can go Higher. This level must be confirmed as support before another growth. SO there will be enough time to enter again. Trade safe and enjoy the game ;)
Short
by Longevity_Contrarian
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.
Short
by midnighthvy
2
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.
Short
by afatuliaj
2
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
by CryptoCafeClub
1
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
Short
by altusfinance
6