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Bitcoin-short

BTCUSDT 1D | Bitcoin market overview: Local downtrendHello, dear subscribers! In the last review we wrote that the bulls were testing the upper limit of the trade zone 11,800 - 11,900. After the bulls failed to pass an important border, the price of Bitcoin dropped to the lower border of the trading zone - 11,100 - 11,200. This movement formed a local downtrend. In case the bears managed to break through the zone 11,100 - 11,200, the next stop will be 10,600 - 10,800. MACD and RSI indicators are in the decline zone, which confirms the downtrend. Subscribe to the channel and stay with us!
Short
by CatalystsFinance
A Honest look... BTCUSDGood morning @everyone Your Monday morning BTC update. Where do I start on this one, there's a whole lot of uncertainty surrounding the direction of BTC on whether we will break up or down, will we retest the 8800 level, or will we reach 10k before that happens? In times like these, I know a lot of people (myself included) get caught up looking at the lower timeframes, watching these wicks get thrown around then ultimately return to where they started from, which is what we saw occur overnight. I would encourage you to ZOOM OUT and pay some attention to the higher timeframes and tell me what direction this market is facing. From what I am seeing right now, on the 1D we are still very much descending, making LH after LH and we still haven't not reached a meaningful Demand Zone on that timeframe yet. Now, I'm not at all saying that we're going to 8800 immediately, we could even see this price flop around within the 9k level for a while, because on the lower timeframes that's all this is doing, moving sideways, creating PA that I would just regard as noise. Just remember, when in doubt, zoom out. As cliche as that sounds, it's true.
BITSTAMP:BTCUSD
by Unity-Trading-Group
Bitcoin is prepare to go back to the exact $9,000 USD levelHello guys and good night, in this updated of this technical analysis we believe that Bitcoin is continue down until the $9,000 USD in the next hours of the day of tomorrow. I Daily we are a possible ouch the Daily yellow zone that mean a possible go back of the demand zone, also this kind of strategy that I use is called supply and demand, for there I have this zone mark in each color to identify the timeframe. And in H1 timeframe there are a interesting position to put in short in these levels of $9,210 USD that i put, do you remember in my previously technical analysis, I reccomend for there to closed up your position because Bitcoin it's could be to experiment to go back, now that phenomenol using hte psycology and price action is taking in our hand. So, that is my projection that in the next hours Bitocin it's could be to formation a bullish butterfly, that mean that Bitcoin is so prepared to to break up this ascendent channel that we are from June, 1, 2020. So, there are an interesting fomation that if you get it, there are a formation of tripple bottom, that mean that there are still buyers that want to go go buy at this level of $9,050 and $8,950 USD, that is an approximattely range of price that have the buyers to buy, so all bulls are hope that the Bitcoin go down to buyers buy Bitcoin at this level, and so, for conclude, if the bulls defend above of $9,000 usd, did you noticed what is mean> That mean a possible bull run comming soon of Bitcoin that it's can to jump above of the mark $10,000 USD in the few weeks. So, guys, making trading in Bitcoin and starting accumulate more Bitcoin to fight agains the inflations of our money and save our money. , and so interesting that I see a possible formation buterfly bullish in H1, and also in H4 were form a formation of bearish BAT, and so, that mean a continuation as you see in the screenshoot in H1 timeframe the next formation of armonic pattern birth. Also, I add in my related ideas of my previously technical analysis, so enjoy the day of tomorrow Friday!!! Also, that is my analysis and a long position in Bitcoin I do a closed up manually.
COINBASE:BTCUSDShort
by harisonhbn9718
3
Short Bitcoin, be patients as volatility is deadThis - 7200 breakout - has not been retested since the breakout. Any demand at 8700 or support is simply a bull trap for retailers, and is coming on weekends. This pattern suggests that scammy exchanges pump it to wick buy stops. It looks like a slow grind downwards but price is coming there with Stop Loss - 9363 1.first stop at 8500, R:R - 2.31 2 second stop at 8200, R:R - 3.3 3. Third stop at 7800 R:R. - 4.8 4. Final at 7200, R:R. - 7.31 If you have liquidity, put it and go to sleep, else, like me get out at stops, and get back in after the relief pumps - which will always come My entry is from 9070
XShort
by foolsbookie