BitCoin - Bear Trend in the sens of Global RecessionThe main Idea is that the Market are still positive and are waiting for "To the Moon"
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However, every December we have the Bears Surprise, Looks like December 2020 would not be an exception!
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Bitcoin-short
Short-Term Short $300 PotentialI suspect BTC will be at sub-$7000.00 @ 09:00 (UTC-4) due to the decreasing RSI + recent rejection at 7.4k, the falling slope of the moving average and the popular support trend which began on or around 13 March 2020.
Bitcoin (BTCUSD) short.All description on the chart.
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BITCOIN: Could be in dire straitsHave a look. I show on the chart why I think Bitcoin could be in trouble.
South seems more probable on this time frame only.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
Bitcoin (BTCUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
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.
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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
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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.
