BTC/USD shortAfter reaching a very strong resistance, BTC/USD might enter in a down trend until it reaches its support.
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Bitcoin-short
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
Buy the Dip? BTC Futures on Huobi Futures (www.hbdm.com)looks like a breakdown from the previous channel of around 9k. We need to break into an uptrend in order to see an upgrade in price.
Right now on Huobi Futures:
57% of the accounts are long BTC
59% of the positions are short BTC
Technicals on TradingView show BTC as a buy.
Should we expect a dump or increase in value for BTC?
Only time will tell - let us know what you think will happen in the comments!
BTC to put in short tradeIt's very important my technical analysisi. Because in the weekly we can to see what trend we can to do to entry in the operations. So, in the H4 timeframe we see a movement bearish for Bitcoin and a possible pull back in the rising wedge if we see in H1 timeframe to entry in a short trade with confirmation of price action (that is very important to take our decision).
On this screenshoots we are in the ABC pattern in the point C of this pattern to enter in a possible trend change and follow the elliot wave theory that we can see this level of price that we will hope and a possible buy on the level 5, 700 k in Bitcoin. So, prepare when Bitcoin is going to down the price and save money to buy Bitcoin or trade in short it.
but, now the price it's cant to continue above of $9k because there are a Fibonacci level state 0.78% of Fibonacci that don't accomplish what the price pass up. So, this level of Fibonacci 0.78%, 0.618% and 0.382% I was did draw on Daily timeframe.
Look in H1 timeframe on this screenshoot. I see that we are in near of oversold and the price it's can to give a movement like a pull back to later to continue in a short trend. So, take and put an alarm when the price arrive in this zone and please hope it when the price is have a confirmation to entry in a short and look up the indicators!!!
And the daily, this is a better see proyection of when trend we are. So, look up how Bitcoin is up and up hte price and what will happen now in this situation of the market. And also, the indicator in daily are overbuy. And this mean that cooming soon Bitcoin is going to make a movement very but very bearish and also, if you take a reference my technical analysis in weekly that I created for you. Below on this idea trade, I add the link of this weekly technical analysisis as related ideas.
BItcoin descending channelFeel free to challenge my TA and/or give your view on the subject.
- Descending channel, which stood for 11 months
- BTC kissed the top of the channel. Will be interesting to see what the weekend brings and whether or not we"ll see a breakout. This would signify the end of the downtrend.
- Volume is consistent, but we'll be needing more for a breakout.
- Expecting a return to the center of the channel, or (preferably) a further retracement towards the "Cheap BTC zone"
- Not expecting this to happen before the end of june.
BTC descending triangle- BTC Descending triangle on the hourly
- RSI heading down as well
Will be looking for either a retest of the bottom of the triangle. Should it break down, I will take some profits from the move up
Still bull trap!The FOMO has been done, as expected.
It's still a rebounce of Oversold. Just a bigger bounce.
The bull won't coming like this.
5000 btc still has a chance. Even lower.
The underline has rebounced twice already, and I don't think the third time will hold.
The bull always come after depression.
Has anyone lost hope of bitcoin now?
No!
So stop dreaming, short the market.
PS, the pump power decreased obviously, anything could happen this year.
The unbelievable pump happened , the depression is not far away.
BTCUSD, short to 8156 can be possible.Hi, friends lets look at bitcoin . There fast growth. But in last bars was lower bulls open interest and closing positions. We can get correction there. So short to 8156 in near time. Keep your wallets guys)
Levels thanks to X-Lines indicator. X-Volume trial - write private. Link below.
Waiting your likes!
Ethereum could go all the way down to $50-$25The only support before the massive dump is now acting as massive resistance, safe place to buy eth around $50 to $25
BTCUSD - INTRADAY - 24. APR. 2020Welcome to our daily trade setup ( BTCUSD )!
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1 HOUR
Consolidation after a very strong bullish run!
4 HOUR
Bullish takeout about to turn bearish now.
OVERALL
Overall bearish market in a pullback, great short entries!
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CRYPTO INTRADAY
SELL BTCUSD
ENTRY LEVEL @ 7500 $
SL @ 7735 $
TP @ 7124 $
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
BTCUSDT 4H | Bitcoin price overview: DowntrendIt's been 24 hours since the last idea was published. The price has fallen below the support area of 6950$ and a downtrend has been formed on the chart. Indicators RSI and MACD confirm it.
Yesterday's analysis of the bitcoin market
The value of RSI is 41, which is far from the oversold zone, and it is steadily declining, which says the prevalence of sales in the market. MACD is below 0 on all indicators, which indicates the strength of the downtrend.
The current price is $6,830. The targets of the current downside movement are $6,200 - $6,000. To talk about buying, it is necessary to get fixed above $7,100.
Subscribe to the channel and follow the actual information about the bitcoin market!
Bitcoin short - Current Range - Riding the waves like the banksHello Traders!
We can see on Bitcoin that we are in a range. The grey zone are h1 Supply Demand Zones. The blue zones are h4 Supply Demand Zones.
Now we have seen that on the h1 we already tapped the h1 Supply Zone and it went immediate down. This is because in the Supply Zones are order blocks left from banks and financial institutions. We trade this order blocks and we will be riding the waves like the banks.
What can we expect
Bitcoin could go up again to the h1 Supply Zone before it will drop down. But we could see it dropping down now.
We got there a h1 Demand Zone. We need to break this in order to confirm the continuation of the drop. This is an important level. If we will break it we can expect Bitcoin to drop down to the h4 Demand Zone.
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.
