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Bitcoin-short

BITCOIN IS GOING TO 14k with yearly close.I did the calculations. The developing yearly Pivot for bitcoin is now 14.4k. even if we closed year at 22k. the pivot would still be down at 15k. Now I have circled the last 5 out of 6 years where bitcoin open away from its new yearly pivot. It can be seen that price was magnet pulled to the pivot. and usually early on as well. This is something that happens with every monthly weekly and daily close on most assets across all markets with closures ad untested pivots and it is baked into the very algos of the markets. I think It will be inevitable unless we pump up 10k high by yearly close. then maybe we could retrace to where we are now
COINBASE:BTCUSDShort
by Gunslinger2005
5
short scalp setup for btc with tight stoplogic is the coming weekly pivot gets tested as it always does. the chart is currently showing daily levels. Loss of H3 would confirm entry more safely as the price could still work itself higher before weekly retrace as the day isn't over and the next pivots are not YET confirmed. however, TD9 sell setup on the 4 hours is completing... so it is a reasonable place to think it happens from. H4 would generally be the stop area
Short
by Gunslinger2005
3
9.12.2020 - Bitcoin (BTC / USD)Hi Traders! After a long time, we will look at the analysis of Bitcoin. But first, let's describe the current situation. After the last growth, we are still quite high - around ATH. Overall, however, we have not been able to long-term break ATH or the magic USD 20,000 limit, and we do not think that will succeed in the near future. On the contrary. The graph shows two basic scenarios that we are currently monitoring: 1. TRIANGLE The first possibility is that we are forming a triangle. This formation would mean that the market would no longer fall and we would not get a chance to buy "cheaper". On the other hand, it would be a strong bullish signal that we will attack the maximum values again after the completion of the triangle. In the long run, it would also be very positive, because we would create a structure between the values of USD 17,000 and 20,000. In 2017, we were already at these values, but it was only for a few hours. Only now we are starting to create historical volumes there. It is these volumes that will help us in the future as a support. 2. ABC CORRECTION In the second case, we would fall to USD 16,115 - 16,470. This would be an ABC correction with a conservative target. We are not talking about other targets yet, as we have not yet concluded what the pattern will be. CONCLUSION We currently expect to drop to USD 16,800 in a few days, and it will be decided there whether we can maintain this trendline or not. May the crypto be with you!
BITSTAMP:BTCUSDShort
by DolleroTechnology
2
BTCUSD Not ready for Breakout!! Short $14,000usdBITFINEX:BTCUSD Is bitcoin forking from reality? Or is it a really good time to sell? "Who’s nervous about the outcome of the US presidential election? Not the markets. Bitcoin is up above $14,000 and stocks are soaring."- Decrypt, Nov 4, 2020. I wont provide a very long explanation to why I'm short as I believe the chart speaks for itself. Bitcoin is playing in a dangerous resistance zone, as we see that $ 13,800 marks the highest point in the markets for 2019. Additionally, this coin has proven to be one of the most cyclical coins out there, which supports the fact that what happened a couple months ago on Sept 6th is likely to repeat again, as we may see a retracement back to $12,000 before new highs. Again I'm not financial advice, but setting a stop loss above $14,000 and a target at $12,000 seems pretty reasonable for me in the execution of this short. Note that we are in one of the strongest bull markets that we've seen in recent years, so any continuation signal without a pullback, should be considered as an exit signal. Trade at your own risk.
BITFINEX:BTCUSDShort
by UnknownUnicorn3102162
3
BITCOIN IN SHORT-TERM TROUBLE? TWO RESISTANCES HITIf you’re long in Bitcoin, beware. Two big resistances are both being hit at the same time. First there’s the 2019 high. Secondly, we hit the upper limit of the upward channel since march. My advice would be exiting your short- and medium-term investments and look for a new buy-in around $12,000. I’m still long-term bullish on Bitcoin. ................................................................................................................................................................... If you like this analysis, please like, subscribe and comment. ...................................................................................................................................................................
Short
by FieryTrading
BTC short. daily indicator historical comparisonlets observe this daily chart with some indicators of the last year and see the reaction. some things to point out to support the argument first the pivot. purple lines. CPR (central pivot range) every single one has been tested. the next one is coming in around mid 12ks next is a reversal indicator similar to TD sequential but more accurate because it counts current candle and not just prior. the purple dots at the top indicator reversal near. next is the ppo price percentage oscillator the wave looking thing at the bottom. generally has called correct top and bottom areas. as well as the line TKE which is an algo average of the 8 most popular oscillation tools such as rsi stoch mom and others last is the yellow dots at the bottom. Godmode dots. twice signalling local top. still without correction Finally the fear and gree index and in general the main sentimental charts of others on trading view have gone very bullish in a dangerous place Some people are calling for something called a "Christmas rally" which is no doubt a comparison of 2017. and there are plenty of arguments that is is NOT the same at all. Factors including ICO craze. Chinese involvement of then but less now. (futures settlements in that 2017 time were 95% in rmb) along with other markets in general. the state of the world. the fact that this time is is NOT a blue sky breakout like it was before. Tether manipulation. coming elections. and bitcoin is very very far from having a high peak of trending in search results and data. But anything can happen. that is just my two cents. It could have a fakeout first. generally if you see bitcoin going to that coming monthly H3 14.3 area it will more than likely be a fakeout with a large crash down to new monthly pivot. if it opens up and goes right to coming L3... it may be a good bounce to buy if it holds without testing topside first
COINBASE:BTCUSDShort
by Gunslinger2005
5
Bitcoin - Keep your eye on 4 hour inside bar for direction Bitcoin is currently printing a 2nd inside bar for us to decide which way Bitcoin may break. Watch for a break if we move past the high of $13,387.30 or the low of $13,149.43 from the previous inside bar. Whether we break bullish or bearish, I would still expect us to stay within the broader tightening equilibrium pattern for now. Current equilibrium resistance is $13,687.82 Current equilibrium support is $12,976.29 and then $12,891.57 Good luck trading.
COINBASE:BTCUSD
by zwickster
2