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Bitcoin-short

The Bitcoin Train Is Over Amigos...Why, What, How dare you! I am sure some of you may be thinking that right now, let me explain. Bitcoin had a great run, it really did! But unfortunately the good times don't last. We hit a yearly at $13920 which we had a massive rejection from. We have been distributing for the last 4 months decreasing this bullish momentum and preparing for our move down. The Level I have proposed to short at ($9745) was picked from the 2 Week chart. Trend has already reversed on the daily, and 2D. It's only a matter of time... :)
BITMEX:BTCUSD.PShort
by Dannymax
-20% DROP IN BITCOIN. YOU DON'T WANT TO MISS OUT FROM THIS Taking a vivid look at Bitcoin from all Time frames it is clear to see that the chart are showing bearish move on all time frame. Lets start from the monthly time frame, we can see that price has rejected the 1.618 FIB Extension and market should head back down. Now, taking a look at the daily time frame price seems to be holding back and much has to do with the present upward trend line, which price just broke below and this signify that the bears are still in control of this market.
BITSTAMP:BTCUSDShort
by IamPeterIzeko
BTC Daily Update With recent BTC dominance of 70%+, Price Action has shown little to no signs of major upward movement. Fundamentally we are overdue for a major correction before the New Year and we are itching closer for that to happen. We see major resistance at the .618 levels (11,200), Optimal Trade Entry in this setup is anywhere from 10800 to 11200 depending on desired RR, recommended is 20-40% of your position from 10800-11000 and the rest 11000-11200 if price allows. SL no higher than 11400-11500 for this setup to allow room for possible wick fishing/stop runs. Happy Trading!
BITSTAMP:BTCUSDShort
by heaneycol
1
NEW TARGET 11.8K?! Be careful...Hello everyone, our predictions playing well 3 in a raw! So what is next? If you noticed - price hit resistance zone $10726-10837. Also, price hit Trend line (orange line). For now We expect price to drop to $10087 level. before going uo to $11.2k. More over, what we have found is that, there is around 40% chance to hit $11.8k level. We do not recommend to short now, trend on lower TF remains bullish. There are two possible options from where price can start grinding up again: From current price (1D level support $10512) or from $10087. Volume supports this move up, but now need cool off before next wave up. More it will flat at $10512 - more it will gain power to confirm move to $11.2k.
BITMEX:BTCUSD.P
by AlphaTradeZone