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Bitcoin-short

BITCOIN Will Go Lower From Resistance! Short! Please, check our technical outlook for BITCOIN. Time Frame: 45m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 67,305. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 66,683 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
2
HelenP. I Bitcoin will drop from resistance level to $59100Hi folks today I'm prepared for you Bitcoin analytics. Some days ago price entered to wedge and at once rebounded fromresistane line and started to decline. In a short time, BTC fell lower then support level, which coincided with the support zone, but then it tried to back up and failed. Next, the price dropped to the trend line, which is the support line of the wedge also, and then started to grow. BTC quickly rose to the 57500 level, broke it, and later made a retest and continued to move up. Later, the price reached the resistance level, which coincided with the resistance zone, and some time traded near this level. Then BTC broke the 63600 level and later rose to the resistance line of the wedge, after which turned around and made an impulse down, thereby exiting from the wedge and breaking the resistance level as well. After this movement, BTC little declined more and not long time ago rose back to the 63600 level. So, now I expect that BTCUSDT will rebound from the resistance level and drop. Therefore I set my goal at 59100 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
8
BITCOIN Will Go Down! Sell! Please, check our technical outlook for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 63,293. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 60,708 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
1
BITCOIN Is Going Down! Short! Here is our detailed technical review for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 53,841. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 50,820 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
1
BITCOIN Is Bearish! Sell! Here is our detailed technical review for BITCOIN. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 64,505. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 61,501 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
1
BITCOIN Is Bearish! Sell! Please, check our technical outlook for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 66,616. The above observations make me that the market will inevitably achieve 62,879 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
1
BITCOIN Will Fall! Short! Take a look at our analysis for BITCOIN. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 57,281. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 55,687 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
1
BITCOIN Will Go Lower! Sell! Take a look at our analysis for BITCOIN. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 56,464. Considering the today's price action, probabilities will be high to see a movement to 54,188. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
2
BITCOIN Will Go Down From Resistance! Short! Here is our detailed technical review for BITCOIN. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 67,066. Taking into consideration the structure & trend analysis, I believe that the market will reach 65,026 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
2