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.
Bitcoin-short
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
bitcoin shorthi bitcoin berak down trenline and i have this idea for bitcoin . i have short potition for bitcoin and wait for 38840
ADA DAILY CHART - POINTS TO WATCH AT!ADA DAILY CHART!
Points you should watch at ADA.
I expect an pullback at around 2.30$.
Updates will follow!
BTCUSDT second zone for shortWe have a great key level $46780 for sell position with 0.5 Fib and over buy RSI
Soon or late ( not that late) we'll go down to decision areahi again
I pointed out waves and based on that I believe that this wave we had and its going to end , is wave c
after correction to 41-42 area things will be clearer
so reasons I consider as short signal :
1-divergence in RSI in overbought zone
2-decreasing of Volume tells us that trend's got week
3-rising wedge which is a bearish sign
4- major resistance 48-50
5- the price reached top of bolinger bands
anyway I suggest you waiting for breaking out of rising wedge and then set up short position
Thanks for reading
support me with like , cm and follow
BTC RISING WEDGE 4H - Short setupBtc-Usdt in a bearish rising wedge
Short on breakdown confirmation
No financial advice
Targets on arrows
BTC 4h Bearish Rising Wedge - 3 ScenariosBtc is in a bearish rising wedge.
Wait for breakout confirmation for potential short.
~=Not Financial Advice=~
BITCOIN SHORT IDEAwatch my entry prices
Clearly you're seeing that BTC is forming a rising wedge pattern, and is going to break to the downside most probably.
A drop is needed! Hello traders , looking at the weekly chart of bitcoin we see that a correction is needed.. Something that has not been done lately, in my analysis, the market will do its job as always
