Bitcoin (BTCUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Bitcoin-short
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.
BTCUSD bearish forecastBTCUSD is at a structural resistance level and doesn't look like it will break it....im expecting it to drop to the recent support with a good sl level just above the resistance zone.
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)
BTCUSDT ShortGreat opportunity coming up for a Bitcoin short, trend has been broken, so looking for a retest of around 6530 with a stop loss of 6758 and a take profit at 5437. Quite a safe trade considering current market conditions.
Bitcoin (BTCUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Bitcoin seems be going downhillThe chart is pretty much self explanatory. I think the correction has come to its terminus and I expect a decline from here. 50% Fibonacci retracement and strong resistances put weight behind my views.
If I go short, I shall do so upon break of orange trendline.
Further validation coming from RSI and MACD divergence.
What do you think?
Bitcoin bearish scenario Hello everyone, we have a nice opportunity short bitcoin.
Break of the red line + retest of the bullish trend line
Looking for a bearish move to the 5000 support + Psychological support
my entry: 6300
Good luck with your trading!
albx
This would be a short after the rejection of the 6.8kThe bullish momentum has disappeared a bit, the rejection of the price in the area of 6.8k-6.9k.
The breakdown of the ascending channel, and the formation of a bearish pennant, suggests to me a bearish continuation.
Return 6.6k we'll probably go higher.
Downside Risk To $3800/$3700 in the next 24 hours . uncertainty price in the bitcoin price,
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
The Second Great DepressionThe world is shutting down. People aren't able to make money. Companies can't make money. The fed is lending as much as it can and giving banks the power to print cash with no reserves limit. Loans will begin to default. Inflation will run rampant, yet people will want what little cash they still have. Fear will rule. The global system will collapse without a significant change sometime soon. Pray for a cure.
Ethereum Going to $44 - Super BEAR call. Perfect Buying Zone!So here we have it, sorry I know it is bearish but it is totally possible.
Just be mindful that this is not the end of the world and that the fundamentals have not changed in the asset, just the world is falling to pieces at the moment.
Last Bitcoin's DUMP before long bull market?Our incdicators say that bitcoin will go down. We are still adding shorts. Then we will wait for buy signal.
channel broken? Down or Up?if BTC can breaked yellow channel, we see jump to 6277 zone
because In that case, it will break the bearish 2 day channel
but if BTC can't The above mode and breaked green channel to 4 hours, we see dump to 4556 zone
------------------------------------------------
hamvatanan azizam, age channel zard beshkane, mirim bala va baraye hadafe 6277 ke ehtemalan kheili sharp berim bala.
ama ag channel sabz beshkane mojadad mirim to channel nozuli ta 4556
Good luck.
Bitcoin to go under 6000Trading crypto's is not really me but based on chart pattern and my technical analysis bulls to take control after bitcoin is under 6000
Coming Zood!!!Today we say in 8300 zone and a fake jump in the 8670
and then, tomorrow sharp break in the 8050!!!
good luck and tank you
Bitcoin (BTCUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
The REAL Bottom is still coming!!
Bitcoin never made a true bottom from this perspective. It has completed a .618 retracement of the last swing high that lined up with a 4.23 extension off the swing low and now has show rejection of that area. If this continues, expect to see Bitcoin start to test lower fib supports and make its way back toward the previous lows. If the retracement lineup is to be believed, there is a strong potential for a bottom around 2500-2600 USD. This could happen leading up to the halvening or around that time, but for now this is a big picture projection likely to take weeks to play out.
This is just an initial post, but I will add more evidence to it!
