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Bitcoin-short

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.
GEMINI:BTCUSDShort
by DariusFxTrading
Short squeeze in play for BitcoinWhy would Bitcoin pump when everyone is convinced it is going to fall further? The answer is simple: when people expect Bitcoin to fall further, they place Short orders that can be liquidated if Bitcoin price rises to a certain level. When Short order hits a stop-loss or and gets liquidated, it is done so by placing a market Buy order, which lifts the price up. Usually traders place their stop orders slightly above the previous high, which provides them with confidence. However, smart whales are aware of these stops and they know that when they move the price to a certain point, it will trigger stop-losses and will add more buying pressure. This is what we saw in play back on October 2019, and it can also be seen on lower time-frame today. Today’s surge is not due to the fact that Bitcoin has a good Long set-up, rather it had such an obvious Short set-up that it was seductive to liquidate all small traders and profit from the buying pressure which resulted from liquidation. Be careful with Bitcoin , this is a huge game of speculation, and price is the most important variable here.
BITSTAMP:BTCUSD
by VovaNapas
5
BTCUSDT 4H | Bitcoin price overview: Head & Shoulder PatternLet's look at the market situation from the other side. A potential Head & Shoulder figure is formed on the chart. As we know, when the figure is confirmed, the price falls by the height of this figure, which means that the price of this pattern is about $6000. The price decrease from the maximum of $7450 on April 7th has formed a downward movement channel. The lower boundary of this channel at the current time is 6400$. Breaking through this zone may cause a sharp decline to $6000. As a result, we have two signs indicating that the price is going to drop to $6000. You should not open long positions in the current market situation. Subscribe to the channel and be in touch with the current situation on the bitcoin market!
Short
by CatalystsFinance
1
Bitcoin Possible short position Hi Here are my reasons to short in this situation: Bitcoin is in a downtrend right now and as you can see lower highs and lower lows There is a considerable risk to reward ratio here. The trend is below both 8 and 14 EMAs Fibonacci levels show us clearly that the trend couldn't pass through 0.618 Besides that, look at the beautiful pink trendline. If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
GEMINI:BTCUSDShort
by Crypto_MD
10
btc longterm analysis weekly with IchimokuFurther analysis of monthly chart. We saw that at the start of the month the prices broke the bullish Gann fan trendline (red circle). The prices are below the cloud which means that we are more bearish but we await a confirmation of the Ichimoku lagging span which has already made a first contact with the gann fan bullish trendline (pink circle) . After this first contact we see the price and the lagging span which are recovering in buying force, which is a rather natural reaction with Ichimoku^^ But, the cloud twist (green circle) tells us that there is a high probability that the price move inside a big range. Feeling reinforced by the last two weekly candles (blue circle) (see the closing in a few hours) which make a big wick on the tenkan and the kijun aligned. in this case we will see the lagging span confirm and come out of the cloud so that the prices head towards the bottom of the range (around $3500)
COINBASE:BTCUSDShort
by Prognosis_genesis