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Bitcoin-short

HelenP. I Bitcoin will correct one more time and then rebound upHi folks today I'm prepared for you Bitcoin analytics. A few days ago price traded near support 2, but later it made an impulse down to the trend line, thereby breaking this level. After this movement, BTC in a short time backed up and then tried to rise higher, but failed and made correction to support 2. A well then Bitcoin made a strong impulse up to support 1 and even rose to the support zone, but soon fell below. Price some time traded below support 1 and then rose back to the support zone, but BTC didn't fixied and in a short time declined to the trend line. After this, Bitcoin rebounded from the trend line and rose higher than support 1, breaking it one more time. Then price made a correction to the trend line, but recently it backed up and now trades near the support zone. Also, BTC formed a wedge pattern, in which the price continues to trades to this day. At the moment, I expect Bitcoin will to correct to support level again and then rebound from it. That's why I set my target at the 45500 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
3
BITCOIN Will Move Lower! Short! Please, check our technical outlook for BITCOIN. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 43916. The above observations make me that the market will inevitably achieve 41659 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
ALGO/USDT = Sideways before The Breakdown/BreakoutWe see a tight trading range, signifying indecision between buyers and sellers. If we see a solid break above the upper yellow line, there could be potential for an upward push, possibly initiating a new bullish phase for ALGO coin. However, the odds seem slim, and we may more likely witness a bounce between the resistance and support zones. We're on the lookout for a potential breakdown, which would necessitate a confirmed re-test of the resistance turned from the support zone. Such a move would signal a clear shift in market sentiment and a potential move to our liquidity grab zone as well!
Short
by SwallowAcademy
#BTC: Bearish Ascending Triangle + Bearish Divergence Coming in.After a good and strong upward move Bitcoin seems to be in need of some breathing time which is very healthy btw in order to have a strong continuation. On this post I just wanted to pin point that our Stoch showing an overbought zone in addition to the bearish breakout of an ascending triangle on the 2H chart. The repeated rejection of Bitcoin's trail to break upwards can be taken as a confluence in the scenario too showing that buyers are at least for the very short term are getting out of energy. I am looking forward for Bitcoin to retrace towards the support area of $34,000 - $34,400. Further more on higher time frames we are witnessing a bearish divergence occurring.
Short
by cryptotalk_et
Bitcoin pullback setup for short entryNothing all too technica l besides the overextension that we have seen. Mostly a short-hunt in my opinion. I am mostly founding this short on the recent performance BINANCE:YFIUSDT had. For those who are new, YFI is a genius-shitcoin that once was deemed to be the next btc I guess? AFAIK there were no recent developments / implementations made but I stand to be corrected. 50% gain in this short period seems just too much eh? Perhaps it is a bit more overextended compared to BITSTAMP:BTCUSD but in a more distilled way. Shitcoins like this paint a perfect picture of the human greed and we can sometimes use them as refrences. TP's really arbitrary, yet I am following a close line around the ascending diagonal line cause it might act as a support.
Short
by dicetrade
5
Bitcoin UPDATE Hello guys. How are you doing? I hope you feel great and always be happy and successful. today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin. So, as I always said it's not financial advice. please just read and do based on your strategy. So, Let's go into details. ➖➖➖➖➖➖➖➖➖➖➖ I drew this Fibonacci channel a few months ago.do you remember that? what a fabulous reactions. You can find the bottom of Bitcoin easily. please draw it on BTCUSD. and the price must be on the line chart. after breaking line 1 (at the top of the first channel) the price changed the trend to complete the pull-bach to the top of the channel. I expect that the maximum of this movement will be 38300 and then reverse the trend again. But, if the price succeeds in closing above 38300 by a God Candle (a full candle without shadow at the top and the bottom) and the volume confirms this breakout, I believe that the price can go higher and the first target will be around 47000 and then 58000. but, it's just a scenario and I don't think the price succeed in closing above the 38300. by the way, I want to tell you something special. Every time the stochastic managed to touch the 70 level (and above) and then reverse on the monthly time frame, we had a huge drop. Please check it out at the below link. (Minimum 84%) And the consequence is that I expect the trend will reverse soon. That's my idea. and the market maker played this rule to import the money into this game. and burn it. please think about that carefully. and know that Opportunities in the market flow smoothly like a river. Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends. And Tell me do you agree with me or Not? Please don't hesitate to write your comments below. ❤️❤️ Wish you the best ❤️❤️ Sincerely Yours Ho3ein.mnD
BITSTAMP:BTCUSDShort
by Sticky-Stock
BTC.USD (UPDATE)Hello My friends. How are you? Today I want to talk about Bitcoin. But first, it's NOT financial advice. it's just a scenario that belongs to me. and it shows what can I think about this movement. Let me talk about Elliot first. ✔️ The theory identifies impulse waves that establish a pattern and corrective waves that oppose the larger trend. ✔️ The Elliott wave rules are that markets move in eight waves – five that move in line with the major trend overall, and three that move against it overall. Each wave is a move in the opposite direction to the one that preceded it. Please check it out below Photo. So, let's go into details. I published an analysis of Bitcoin in the Weekly time frame and full cycle before Let's look at that again. So, according to my words, I want to show you all the waves and movements of Bitcoin. We had five bullish waves. and after finishing, we have to wait for the correction waves. the correction waves contain A, B, and C. Please look at Bitcoin on a big scale. the 5th wave of Bitcoin finished at 69K.and after that the correction waves began. From 69K to 15500 USD: we call it A From 15500 USD to 34-38K: we call it B and now, we should wait for the C wave to begin. Now I want to collect all the information. after finishing the A wave, at this time we are at the end of the main B wave. By Using Fibonacci retracement, we can find the PRZ levels as the target of the B main wave. It means 34-38K is the target of the main B wave. after that, the C wave will begin. The C wave contains 5 microwaves. Please don't FOMO. although, there is no money in the market. I still believe that the market needs more correction. and the main whales did not enter and they are waiting for the best position to enter the market at the cheapest price. At this price, it is not sensible for them to enter the market. Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends. And Tell me do you agree with me or Not? Wish you the best 🙏🙏 Sincerely Yours 🌺🌺 Ho3ein.mnD
BITSTAMP:BTCUSDShort
by Sticky-Stock
7
BTC.USD Monthly VisionHello Guys. How are you today? Let me say to Frankly, It's not financial advice. that is just a Vision of the market. that's all. ***************************** Today, I want to talk about Bitcoin in Monthly Time Frame. as you see, I used the Fibonacci channel. I remove other levels except 0 - 0.5 - 1 - 1.5 - 2 I want to introduce you to 0 as a low of the first channel. (Black Line) I want to introduce you to 0.5 as a Midline of the first channel. (Red Line) I want to introduce you 1 as a Top of the first channel. (Black Line) and so on. ***************************** I changed the candle stick to a line chart. So let's go into details. I drew by Fibonacci Channel and you see two red circles (as support zone) these circles are reactions to the Fibonacci channel, I expect the price to touch again the Fibonacci Channel around 22500 USD and if we lose this zone,10500-11500 USD will be the next support zone. And the 3rd Support zone will be the Blue circle zone. So, please watch the market, there is no money in the market. The situation is so complicated. I believe that we are in a recession and the U.S. government could NOT talk about the Recession because of China some reasons. I bet we will touch the second support zone around 10500-11500 USD and maybe we will touch 4300 USD. Who Knows!!! Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this Vision with your friends. And Tell me do you agree with me or Not? By the way, please draw this Fib Channel on your chart, and after that change the price from Line-chart to Candle-Stick. You will see some amazing reactions. For example in Purple Circle 😜 Thank you so much in advance. Wish you Health and Wealth. Sincerely Yours Ho3ein.mnD
BITSTAMP:BTCUSDShort
by Sticky-Stock