Get started

Bitcoin-short

Bitcoin Incoming sub $30kBitcoin definitely looks like it wants to try and test the lower levels. Sub $30k is an increasing possibility in my mind, continues to lose levels with no real buying pressure regardless of any articles that may have you believe otherwise. I believe the bull market has come to an abrupt end but not all is bad, I do not believe we will see a multi-year bear market like the previous ones, 6-12 months would be my guess but I do think alts are going to get truly f***ed as bitcoin regains market dominance, shakeout the normies before heading up to new highs and ultimately a 6 figure bitcoin. These are my current thoughts. Good luck!
Short
by WaxMan13
2
BTCUSDT The Dirty Technical Analysis 6/1/2021 (CLEANED A BIT) BTCUSDT / BTC USDT Bitcoin US tether. #BITCOIN #USDT #BITBAY HOW I WILL FARM THIS MARKET GAINIING TOTAL OF 500% from alts / bitcoin / alts to Fiat USDT. (strong week for alts - but bearish for long term(monthly)) Pink rectangle should be the Sell area, Green rectangle should be my buy area. *Tips to myself is I will never fomo in to an alt that has huge gain already if I miss the btc flight... if I hold something; I will sell it all (or 50%) on the reds then continue to buy it back at the greens and time to accumulate more. never chase rather be patient. Be patient enough; That's the secret of the rich taking more profits from the impatient ones. Trade this with me... the reason why I did this is because not that I have the crystal ball with me. nor part of the whales; anytime, whales can always decide to FUD and crush the market if they have big institutions coming in. If HNS (blue) is a success expect that dip to 22K then people from huge co. or industries and retailers will buy their coins, and those who sell from 62k will buy more from 33k and waiting for 22k possibilities. from there i can say that we will be able to send greens that will break the sky and fly to the moon. possibilities: 110K from 22K BTC = expect ALTS with strong projects such as $ZIL $MATIC $XVG $VET $DOT $LUNA $ICP $TRIAS $HORD $KSM $EGLD $ADA $MATIC $XLM $XRP Psychanalysis: I always remember myself, when people fail to sell top. they hit the 7% decrease they will be afraid to sell still... afraid of "it may go up" Stop right there myself (I am talking to myself), always do the ABC break/retest whether we are coming up or coming down. Never ever fell in love with the coins when we are in a choppy momentum. Never deny that we are in the bear market (not season) because from there that the time you will lose many of your savings and profits that you could actually have pulled up long time ago. Trade the charting Trade the TA... Block all the noise. Stick to those who really know the process. BITBAY:BTCUSDT
Short
by PuyatanHoldings
Inverted cup & handle with a bearish pennantHello fellow trader As one may see in the chart, two patterns were formed by the price. The first light blue marked is an rather choppy inverted cup and handle formation. I have outlined the target calculation of the pattern in the center of it. The time frame is a valid one, c&h structures need at least several weeks to be taken into consideration. Also that it occurs within a yearly low implies further validity. The second much more obvious, is a bearish pennant. Its calculus is outlined on the right side. Both targets intersect at around 10k. If we look at the past there are little structures which might act as support within the projected range. This could imply that we don't achieve the target, either positively or negatively. Volume & Stoch RSI tells us we could expect a decline within the coming days. If the price breaks upwards, over the mark of the max(c&h) and closes there within the daily time frame, this thesis has been invalidated (It might form a bearish flag, so the drop wont be off the table, depending on the price action). Trade safe. Nik
COINBASE:BTCUSDShort
by UnknownUnicorn1539772
2
Parabolic Market Structure BROKEN ($20,000 HAS to hold) BTCHello all traders & investors of the crypto currency world, I hope you're all doing incredibly well. First off, I'm sorry for not posting over the last several months as I've been focused on my own personal trading and had to stay in my own universe while figuring out a long term trading strategy. Second off, please avoid leverage any higher than 2x. The gains may look VERY satisfying but in reality it creates a degenerate mindset and leads to oversizing the account as greed gets higher and higher in terms of your own personal psychological experiences. If you want to end up buying a lambo, or a massive house one day, or anything you want just get away from leverage. Why am i saying this? Here's a short story, ever since December 2020 I've been able to 4-7x a trading account usually within a week. As this happened and the greed started taking over, I'd increase leverage after a massive move one direction and end up losing 99.9% of the account due to over leverage which allowed me to use size that ultimately lead to blowing the accounts up one way or anther. How long did that last? December 2020 - May 2021 (6 months) I went 6 months doing this over and over before finally realizing the next stage of my learning curve was risk management. You can be the most skilled technical analysis nerd in the entire space and be an AWFUL trader if you can't manage to keep your winnings after going on a 5-25 winning streak and letting ONE single trade take away ALL your hard work due to a few simple errors: 1) Over-leverage, I suggest using 1-2x if you're serious about being a long term trader and making millions one day. 2) Over-sizing, as you grow accounts the goal should be to maintain the same risk based on your account size, not increase it. So 2x leverage in my opinion will be the highest leverage used for the rest of my career as a trader. 3) Both of the previous things listed results in GREED, which causes EMOTIONAL trading, which causes your TRADING RULES to be nonexistent because you're so focused on making as much money in a short period of time due to the over leverage (this makes you think you can get rich with less money, when really this results in a liquidation email in the VERY near future. I started trading just after the March 2020 crash, and have just finished my first year as a trader. My second and third year will be about small wins, 2x leverage max, and trading logically and sticking to the game plan. BITCOIN TALK: Is the bull run over? NO, as long as $20,000 holds (quick dips below don't count) then in my eyes this bull run isn't over and this current macro pattern could be one massive pennant and break to the upside. OR it breaks and we have officially entered a bear market. $30,000 holding would result in at least $50,000-$55,000 being retested for the possible 3rd validation point on the downtrend (we currently have 2) and a 3rd would make the trend stronger and likely result in a macro sell-off, BUT if it breaks to the upside then we head to $82,000-$100,000+ over the next 12 months. The last bull run was 2017-2018 and the halving was in 2016. IF things played out to be similar to the last one we're only one year into the cycle and still have around 9-12 months before we top out and likely see a blow off top $100,000+. Bottom line is this my friend, above $20,000 is a bull market and below is a confirmed bear market. Why? It's the 2017-2018 ATH which means it's now the macro support or s/r (support/resistance) zone.
FTX:BTCUSDShort
by YurloTrades
6
BTCUSD: Diamond hands? Make more or lose more. Some will learn, some won't learn and some need to feel the pain but still won't learn. Few may recall that recently (linked post below), I said that the sharp switch on the Daily ATR was indicative (not predictive) of a trend switch for the south. That was transformed into a other lower time frame trend switches. On this chart you see a flattening of the 4H ATR then price collapses. The reasons are not important because this is technical analysis (TA). TA tracks the collective direction of sentiment and has built in many of the underlying fundamental issues. The 4H time frame is important in about 75% of all trading instruments - which doesn't mean that you just jump in on first sign of a 4H switch (long or short). In the 4H scenario shown here, I fully expect (not predict) price to return to a 'psychologically magical' $50,000. If it does short-sellers will be looking for a short with a reasonably tight stop loss probably at $56,500-ish. Oh yes, that means a loss, if shorting - for a trend following scenario moving south. And of course, anybody doing proper trend following knows that losses are heavier than any other trading methodology - but that the gains are tremendously more. (Read that brutal disclaimer below) For those wishing to gamble going long, also expect a rough ride north to around $50,000 if it gets there- with heavy potential losses. I do not promote gambling. Taking calculated, measured and affordable risk is not gambling. Whatever you do, watch out for tweets like 'diamond hands', from you know who (and to be clear, it's not from me)! If you don't know about this, what are you doing trading Bitcoin? Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
BITSTAMP:BTCUSD
by Captain_Walker
2
BTC Winter Soldier Edition: Monthly Update.Almost a month since I posted this Winter Soldier Edition (linked at the bottom) I'm going to give you a more specific look at what I believe is going on here long term, including my suspected consolidation zone that I expect to last until mid-to-late 2023. Someone might say "4 cannot trade into the zone of 1 for correct Elliot Wave" and they would generally be correct, with that said it can and absolutely has previously wicked down into these zones and you should be aware that can happen. Will it be a straight path to the consolidation zone? absolutely not. Impulse waves will be required to reset RSI levels and it may take many months to reach this zone but the resistance levels are very clearly marked out and you can inter-day trade these targets if you so wish, just be aware as sentiment turns increasingly negative this will become a much more dangerous prospect. As always, trade however you want to trade, this is just what I'm seeing and what I'm doing in terms of BTC. Last Month's Winter Soldier Edition:
BITMEX:BTCUSD.PShort
by UnknownUnicorn1259785
Here's The 10 Crypto Commandments Read This... 👨‍💻😈🦑👨‍🏫🤡It's Right-side Up For Ya! 🙂 (DOWN!) I am really not saying much TODAY. I have been in Crypto for years and it's made me many things. 1st "Yes, It Could go up" But The CoinSLayer 👨‍💻😈 Only Knows "Down". Wow, So who would have thought that we'd get here? (both UP & DOWN) Just about any person in the crypto space would say that they knew and called it but with so many saying and believing how many are just simple repeats of thought outside of their own view without even being aware of The Cultist View Crypto Harbors to simply just follow and buy at the Top? Perhaps not "you" but many have in the past, many are now and much more will again in the future. Plenty to say with little attention spans. Sooo Yeah! "YOLO Bra!🤙 Totally Different This Time!" "Buying Tops makes people happy short term and in the weirdest way." IDK why LOL Sorry if things suddenly changed for you in a less than desirable way.🙏 I hate to hear about people getting hurt.🥺🤭 "Although at times funny it sucks." lol My Thoughts & Helpful Hints For All These Newbies Out There: 1) "Noobs please try to understand some people have had bags bigger and longer than you." Or (Just more money with a different time horizon or view as you...) 🤷‍♂️ 2) "Don't make those gains in vain & Watch your coin count closely" (Think Chuck E. Cheese and your 10years old at the arcade) 3) "Don't Trust Nobody never trust anyone in Crypto this is supposed to be trustless people!" (Everyone is an expert in trading crypto as a GURU/Know it all in a Crypto Bull Cycle. I.E. More Bull S***) 4) "Taking profits isn't just for badguys?" (You can be bullish and still out of a trade or move for a better time to be in.) 5) "Lines are to be Respected, Tested and or Denied." 6) "Learn to live with "Loss" it's a fact of life." (Don't FOMO) 7) JUST KEEP CALM AND MANAGE YOUR RISK! (Too many people make mistakes in a panic and kick themselves later.) 8) "Never hold you Crypto where you trade at" (I don't care if it's just a Satoshi tell them no you see?) 9) "Make your own moves not what so and so said real moves happen in silence forget the tweet or article." 10) Trading with Leverage/Margin? Forget it! (Why? It's like crack say no. Margin works like Margarine for most people it melts.) **Bonus** A strong term Leverage/Margin Strictly for OG's, not for New Booties. If you don't have the know how, say "heck no!" 'Cause one tweet will have exchanges calling for those coins rain, sleet, hail or snow. These have been Rules I live by perhaps they will resonate well with some of you... "I personally feel that buyers are going to increase their exhaustion buying (Dumps Not Dips). Free money maybe isn't as free as first perceived also it may not hit accounts fast enough for the little guppies to nibble up all the Whale crumbs as things sink down toward the inevitable abyss." (What People Say) "Story, story, narrative, talk, talk..." BLAH! (What People Do) "Umm Ok yeah whatever I am still selling." What's next? Would you like to talk to me about Embercoin and oooh how about Dragonchain!? Fine how about feathercoin? Nope its all about DOGECOIN now 3...2...1... Gainz LOL NOPE What are your thoughts? Is it bad that people like to realize gains and say "Cool! More Dollars now!" Most will answer with an emphatic "YES!!!" LOL Or am I really the only person that's down to pull profit and even short a little??? LOL No Advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" Things 🤷‍♂️ #Fixed IDK Protect Your Neck! 🙏FOR JUST A HEALTHLY PULLBACK! ""KEEP CALM AND MANAGE THY RISK!""
INDEX:BTCUSDShort
by BradySWilliams
BTCUSD - Price bounce off EMA 200 but I think it will test againAs you can see the price just hit the EMA 200 and was bounced off of it, Bulls are exhausted so I think it is only a matter of time before it is able to cross the EMA 200 and as you can see the bullish trend is already broken on 18th of April, now if you check the monthly chart, Evening Doji Star has formed and just waiting for this month to close to confirm. I think BTCUSD is gonna go to 30k in the next few months it might bounced up to 55k but only temporarily before it tests the 42-40k demand area This is my first published idea, please give me feedback and tell me what you think.
COINBASE:BTCUSDShort
by Yousif_Mhmd
Where does BTC go from HERE!?!?!?!? 🤷‍♂️📉🔝😭👿🍾With That Joy Comes Real Fear... Was I Right Or Incredibly Stupid And Also Right??? 😱 Bad Analysis LOL ok I am not really much of a trader lol ENJOY MY SPAZZ ATTACK Of Loosely Followed Content I see and observe more than just numbers and lines. The markets always give and take whether that is profit, information or a story to be told they are a consistent and relentless tide and any one individual is as insignificant as the sand that is moved at the very whim of the tide. I am sure that this post hurts peoples eyes. Rest easy knowing that I have been wrong before and can be in the future as well. I have some down below and you may find some on your own time too lol -No advice just thoughts that I can't shake after the last 6 years in the world of "CRYPTO Bra" ""KEEP CALM AND MANAGE THY RISK!"" or Chive On I Don't Care I am The CoinSLayer 👨‍💻👿
INDEX:BTCUSDShort
by BradySWilliams
7