Bitcoin-short
MY MONA LISA - ETH 80/20 LONG/SHORT BIASAm I on drugs you might ask and the answer is yes.
But check this out,
ps i only posted it for future reference to see how it played out
Harmonic Madness on BTCThis is an analysis of BTCUSD using harmonic patterns. Firstly I would expect finishing a bullish crab pattern and also targets for bearish crab pattern around 9300USD then bounce back to 9500 region (target for bullish crab pattern). On 1H chart we can see a bearish gartley with potencial target of 8500USD and actual leg shoudnt exceed 0,886 otherwise the gartley is invalid.
Short Term UpdateShort-term market conditions are flat, above $10,600 confirmed the continuation of the upward trend, below $8,000 the view remains bearish up to at least $7,000.
BITCOIN short - TrendLine break and retest - Supply Demand - h4Hello Traders!
Nice Setup possibility on Bitcoin. We can see a nice Up Trend on Bitcoin. But price did not formed a new Higher High and Price also broke the Trend Line. Now we are currently retesting the Trend Line. At the same price we have a Supply Zone which is an additional confirmation.
Structure:
The overall structure of Bitcoin is in a Triangle Pattern. I made some analysis in the past. Check them out in the links down below. We are also currently at a weekly Supply level. The weekly price action showed us indecision phase. This could lead to shifting momentum which would let Bitcoin drop. This is will not be a big drop. It will just be a correction of the up move. Afterwards I expect a bigger push to the upside.
Confirmation:
#1 Trend Line break
#2 Trend Line retest
#3 Supply Zone
#4 weekly Supply Zone
#5 Market Structure
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
Beyond of my technical analysis for Bitcoin "Short"Hello guys, in my second day of my technical analysis of Bitcoin, I see that the price action is leading us in a possible correction of a capitulation of miners. So, this is bad news when has 2 weeks ago was the halving. So, this is a theory fundamental. But I take this as practice for me. Now, I see that elliot wave is leading me and we are in formation in the elliot wave #3, that a possible stop price will be $7,600 USD aprox. Now, if we see, later of the elliot wave #3, we can to confirm what we are on there.
And H1 timeframe, we have a possibility to entry in a short position, why? Because price action doesn't have force to continue it and I see that candlestick that we have. Also, I hope that Bitcoin touch my sell order limit at $8,900 USD and put a target profit at $8,700 USD to win a 2.50% of the movement down investing 0.02 lots of BTC.
BITCOIN: SHORT OPPORTUNITYIn my previous post I had bitcoin in a symmetrical pattern that broke the resistance line. I have since re-assessed my analysis to a smaller time frame to see a short possibility by trend-line and Fibonacci levels. Good luck traders. As always, this is just for educational purposes only. This is not financial advise.
BTCUSD Analyse JournalièreLa Tendance Hebdomadaaire se trouve actuellement en situation de retournement face à la résistance à 10 000$.
- Un scénario baissier serait envisageable en direction de 8000$ puis un retournement de la tendance Hebdomadaire entraînera la tendance vers 7000$
- Un scénario haussier est probable si nous réussissons à franchir la résistance à 10 000$. L'hébdodmaire pourrait dans ce cas ralentir en compression entre 8000$ et 10000$ pour ensuite repartir à la hausse et entrée dans une tendance haussière long terme.
- Scénario Neutre, nous ne franchissons pas 8000$ à la baisse et la tendance journalière repart à la hausse en direction de 10 000$
Tendance Journalière : elle est actuellement en baisse depuis la cassure de 9400 (visible en H4 pour plus de détail).
- Une continuation de la baisse vers 8000$ entraînera soit un rebond vers 10 000$ et un début de Tendance HEbdomdaire neutre
ou une cassure par le bas engendrera un retournement baissier Hebdomdaire suivant ensuite le scénario Hebdo.
Plan d'action :
A l'achat nous ne ferons rien pour l'instant car l'avantage statistique sur la tendance hebdomdaire est trop faible si nous n'avons pas suivi la hausse depuis en bas. Nous attendrons un scénario de compression suivi d'une reprise à l'achat.
A la vente un short était envisageable en stratégie de correction contre le tendance Hebdo. La courbe d'E(x) pour la stratégie de correction était à son plus haut pour ce genre d'ooprtunité.
- Vente en setup H4 anticipé à 9439$ en cclôture H4 ; Annulation de la position à 650 Points Objectif Théorique 1250 points Ratio Théorique : 1.9 ; Sortie 1/3 à 8972$, Par la suite 1/3 en fin de tendance H4 et 1/3 en fin de tendance D1
Bitcoin might retrace above 9000 before the next dumpHello all,
In my last posts I mentioned that BTC could go to 10.000 and above after the breakout from a triangle. Also, I mentioned that at those high prices it is not a good idea to buy because the price has gone too far already. I did not expect such a strong dump though. My stop-loss was triggered at 9100 and my entire position that I entered at around 7200 was closed. Let's look where to look for the next trading opportunity.
After almost two months of a strong bullish momentum, it seems that the rising trend has come to an end.... for now. Was the massive red candle a confirmation for a sell? I would say yes and no. If you are a risky trader then you can consider selling at these prices as price can continue falling without any pullback. However, this is not my strategy because the risk-reward is not very good for me. I am looking for a retracement back to 9200 and only after that (if it happens) I will sell with stop-loss around 10.000 and targets around 6.800 and below. Thus, it gives me a risk-reward ratio of 4:1 and above. So, if you are patient enough, just wait for a consolidation above 9000 and look for a bearish confirmation before selling.
Next buying area for me is 6200-6400 (maybe in mid June). Why? First of all, this is a 0.618 fib level from 4.000 to 10.000 and it sounds logical for the price to touch it before another bullish run. Second, and probably more tricky one, I am sure a lot of traders will consider the drop below 6.600 as the confirmation of bearish trend. Here we actually want to buy.
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GENERAL RULES TO KEEP YOUR ACCOUNT SAFE:
1. Do not risk more than 2% of your account per trade
2. Look for a Risk-Reward Ratio of at least 2:1
3. Always use stop-loss
4. Do not FOMO
5. Remember: Patience is the key!
THIS IS NOT A FINANCIAL ADVICE so, please do not follow it if you are in doubt. DYOR!
BTC Dump to 8800 or 79001. Weekly stoch is oversold and reversal is eminent
2. Daily, 3 Day, and Weekly volume is near zero at 10k resistance.
3. Daily volume has been decreasing as we approach 10k resistance
4. Weekly candle is short with no wick. We couldn’t break 10k resistance
5. Bearish divergence on 3 Day stoch. Entering oversold range
6. 7, 30, 50 Day EMA are converging. Sign of reversal or consolidation.
7. 55 Day EMA has been consistent S/R over the past year. Test as support @ 7900?
8. High liquidity @ ~8800 & 7900. Targets 1 & 2 for short position
POTENTIAL TRADE: Short
Enter --> 9780
Target 1 --> 8800
Target 2 --> 7900
BTC/USD shortAfter reaching a very strong resistance, BTC/USD might enter in a down trend until it reaches its support.
Follow me for updates and more ideas!
Short term scalp shortBitcoin seems to have double topped at 9390 and looks ready to reset back lower before making a choice to go up or down hard. Shorting here hoping for 8700s but open to possibility of it sliding back to 8200s. I dont think this downward movement effects the still overall monthly bullishness we saw that brought us to 10k. This is a simple fib and bolly play in and out. :)
To see with more EYES👁🗨 for "A trader" & "Technical Analyst"?
How to see with More EYES is important for "A trader & Technical Research Analyst"?
Answer: Whenever this question come to my rain, I --> Sherlock Holmes ...! Let's learn from each other, If you have trick/suggestion/advice on this question, kindly type in comment section.
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Let's talk Without procrastinating, I predicted approx. 1700 $ fall from back on events and historical data. The chart below and if you look minutely, you will find a lot that is small but each ticks will give you a clue for next.
I am not going to predict future move right now but, I will post in Time-Line after sometime . If you have hit LIKE button , you will get surely Real-Time Notification of next move on bitcoin.
I have done! Thanks.
BTC - SHORTAfter Bitcoin took a 20% decrease before the 2020 Halving, could BTC be on a bearish move to the downside?
Hello old friend. Short swing for BTC. Famous resistance. Overbought.
Good entries would be a rejection of H3 or H4. If price clears and closes over H4 on even more than an hourly I would stand back because who knows what could happen then. good targets would be L3 and then potentially the 8k region for a longer play.
BTC topped already! Look out the historical chart, we can see a clear way the how the market-maker playing this game.
Collect the chips at the bottom, pump 3 or 4 times, then dump.
Different to the normal stock market, bitcoin's each pump is higher than the previous one.
And, the POINT is , the longer they collect the chips, the higher they could pump!
So, right now, after the Great Dump, only the market maker and few noobs have bought in at the deep bottom.
With the money they've made by shorting the Great Dump, they've already pumped 3-4 times (cuz the chip collecting time was too short).
In the name of halving, people FOMO in.
That's where the game ends.
Bitcoin descending triangle, possible dump to 7800We might bounce from the trendlines a bit more, but the dump is highly likely
