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Bitcoin-short

btc short ideathis is a high risk idea in this wild environment. But its a planned trade and I'll stick to the plan. A long term trade but I'll take as a swap contract because the future premiums are unmanagable atm. I've placed my asks on red box. Stop is daily close. the first green box is the first trouble area, expect a minor swing there. The only area I'm in doubt is marked with question mark, we'll see. And the last green box is the target. This is not an investment advice, beware that markets are wildly volatile, so please manage your risk accordingly!
Short
by priceactionTR1
3
Short to mid term BTC playLooking at the I have a fib extension from the top of the 2017 ATH (20K) and if you look it has played these Fib extension levels like a champ! Currently I am seeing lower highs and lower lowers forming from its prior 42K top I could see BTC pump up to the 35K range and ideally get rejected form the downward trend line which might be a good potential for a short term short. Target downward to the 1.38 fib or 27,500. If BTC breaks above and holds above the 35K area then the trend pattern has changed. If BTC post a HIGHER LOW IE 29K or higher then the pattern has changes. This could be the range of sideways trading that we have been waiting for for the first alt season to take place till is coils to the end of the triangle. Lets see what happens and best of luck!
KRAKEN:BTCUSDShort
by BlockchainBreakdown
1
Never trade with your beliefs, against the market ...BTC/USDTGood day, dear friends. My open short position is failing because I entered it only because I expected it, and now, because of my persistence, I will suffer a loss because I gave a bad position because of my persistence ... Never, never trade like this. I saw a strong level, I saw a flat zone ... And I also know that the bisector of an expanding triangle in an uptrend, if it breaks out, the price always goes out of its range. And also, we have an upward range with a support zone. Also, there is a hammer + volume candlestick - which indicates a trend change (price direction) Also indicators MACD and RSI. Everything pointed to a trend reversal, but I - ... I will not swear here, now I have a loss, and I am ashamed to admit that I was mistaken for so many positions and for the first time - i have a loss (big loss) ... I made a mistake because i gave the wrong recommendation .. if it succeeds (judging by the inverted hammer), the price should return - and I will be able to close this position at breakeven. If not, I will suffer a 1.2% loss of my crypto portfolio. So, I ask each of you - do not trade on your beliefs and your visions. Only the graph, only the volume, and only the correct analysis. Don't repeat my mistake.
by UnknownUnicorn13204076
4
BITCOIN CRASH TODAY?? - Bearish setupHey there, Please support this idea with your likes, follow me and comment down below what you think. Read the text on my chart for more information. Bitcoin has heavy resistance around the 30k level and eventhough I would normally not go short in a bull market, I initiated a short position. Risk to reward is just too good for shorting up here. I WILL BUY THE DIP THOUGH!. 20k is final imo. Think we can bounce already in the 21-22k level! Cheers, Konrad
BITMEX:BTCUSD.PShort
by EnlightenedTrading
1
I close long and open a short positions from 25750 BTC/USDTI close my #long and open a #short position. I understand that you cannot trade against the trend, but there is confirmation before the price reversal. Sale (#Short): 25750 Target: 25500-25275 -25020 -24880 Stop Loss: 26100 I understand that we have an uptrend, the price flies up without stopping, and that there is no need to enter against the trend, but for now, I have made a decision to fix all the profit on a long position, and open a short to catch the update on such levels that I designated as target.
Short
by UnknownUnicorn13204076
4