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Bitcoin-short

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.
COINBASE:BTCUSDShort
by harisonhbn9718
3
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.
COINBASE:BTCUSDShort
by Coinathlon
1
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.
BITFINEX:BTCUSDShort
by Une_Anunaki
BTCUSD - INTRADAY - 24. APR. 2020Welcome to our daily trade setup ( BTCUSD )! - 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! - 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
BITFINEX:BTCUSDShort
by DACapitalTrading
41
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!
Short
by CatalystsFinance
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