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Bitcoin-short

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
WARNING SIGNS!! 2 Key Pieces of Weekly Divergence BTCUSD WEEKLY TIMEFRAME: Bearish RSI divergence on the weekly timeframe upon seeing higher highs over the last few weeks in price and lower highs in RSI. Hidden bearish MACD divergence upon previous bull cycle weekly closes. Lower highs upon weekly price closes (and cycle highs), with higher highs on the MACD histogram. Oversold Stochastic RSI converging bearish, and Heiken-Ashi trend has flip bearish in tandem with a bearish converging MACD. If a fib extension target were to be drawn from our blow-off high of nearly 14,000 to our swing low of 3800, price is facing resistance in the golden .618 pocket (also in tandem with a historical resistance ranging form 10.1-10.5k). The writing is on the wall: time for another sell-off in the crypto market. Potential swing targets include 8.4k & 7.8k, with a major dump taking us as low as 6.4k. NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH AND TA.
BITSTAMP:BTCUSDShort
by ogdave621
Bitcoin is bearish below 9400So here you can see in the last 550 days of Bitcoin on a 4hr chart the significance of the 350 and 700 MA and the times those lines acted as support and resistance. A total of 13 times and usually when that happened it was followed by a move of a minimum of 15%. As of the way it stands right now we just went below the 350 MA and confirmed it as resistance. It presents a very good risk management level of 9400. If we break above it it would confirm it as a trap and we could skyrocket from there, but as it stands I believe the likeyhood of a facemelting (as Eric Krown would say) move to the downside has higher chances to happen. Typically we hang out for a while in that area after its broken, so it could take a week before BTC shows its next hand, but soon there will be some drama! If we do start dropping there will be a rally most likely around the 8200 level, but I do not expect it to hold.
BITSTAMP:BTCUSDShort
by Crypto_Burger
1
📉 Bitcoin Heading Down? 👎 How far? Hey guys - After what seems like an eternity trading sideways (with a few minor swings up and down), at last, we think there may some news, good news if you're a trader too! Possibly not so good if you're Hodling! Looks like BTC may be heading down in the near future. We've been following a strong line of support all the way up from the lows at $4000 back in March, now our ascending triangle is nearing "pinch" point, so we should be trading in the same direction as the breakout, and we have broken out, it's downward. This may be a classic "fakeout", in which case the price can expected to rise, but as we all know you should never try to catch a falling knife! Our Crypto Tipster Strategy is showing a Short on BTC daily chart, and after getting chopped out of a few trades recently (which is unlike our Tipster!) it's now time to catch a big swing! As you can see from previous support and resistance levels there's quite a large area that could get filled sometime soon! Possible lows ranging from $8700 all the way down to $6500! This is a huuuge movement from where we currently are, there's been cries of "above $10k" for some time now, if that's the general sentiment it's clear the majority of traders would be Long right now - remember the most important rule of trading? Do what others don't do! We're Short, and think you should be too! Time will of course tell :) theCrypster
KRAKEN:BTCUSDShort
by theCrypster
3
BITCOIN === WHATS GOING ON?? definitely thinking down a bit here... where too is the question. 2 levels i think... first i think it might plow down through it at, around 9k. although it already took a fairly nice bounce lower, the indis i have for the strat are definitely starting to show some signs of bearish moves coming second is back down to around 8-8.2k, which, i personally see as being a bit more realistic... either way, we have broken that trend line on the daily... unless we see a SIGNIFICANT bounce on there tonight up and back inside the trend, i am defo bearish for the near future tell me your thoughts guys :) if you think different i wanna know :D
Short
by Underdog-Trading
2
BTC DISTIRIBUTION PHASE ENDING - BEARISH CONTINUATIONHello everyone! It's been a long time since I posted my last chart and I'm back. Nothing changes in macro perspective. BTC didn't make higher high on a Weekly TF and agressively sold of from higher 10k region couple times. I chose inverted chart as it gives us better view. We have textbook accumulation pattern here. I'm looking to take a swing short on today's daily close with Take Profit - @ $8200-7900 range . Have a blessed day everyone!
BYBIT:BTCUSD.PShort
by Patrikas10
1
Short postion for long time of BitcoinHello, guys, in Daily timeframe, I believe that Bitcoin want to soon to drop of the price in Daily, there are 4 reason why put hort position in long at the price of $9700 USD, so, in my case from yesterday my short position is $9,686 USD. So, in the Daily, we have a bearish divergence in the RSI, and the price action has advising us a possible drop of the price until the zone of $8,200 USD. So, wow, this is an great opportunity to put in short for lojnger from $9,750 -$9,650 USD until the $8,200 USD. And the target profit is $8,200 USD approximately, but always and when the Bitcoin show us a bearish candlestick, chart pattern validated and use the bearish price action to following in short. Now, Macd also doesn't have force to continue up, expecially the fourth rejection of the zone of $10,300 USD, this is a liquidation of long, so my trades, i believe that it's a movement what Bitcoin want to change the trend, especially in Daily timeframe, we have in the bearish rising wedge, and so this mark in blue, this is a possible proyection of waht Bitcoin do in the next days. Well, also, I find up that Bitcoin is the zone of Distributtion, because if you see this indicator Acumulation. Distribution, we see that the force to continue up is ending. So, look below in the H4 timeframe
COINBASE:BTCUSDShort
by harisonhbn9718