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Bitcoin-short

BITCOIN Is Bearish! Short! Take a look at our analysis for BITCOIN. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 25787.37. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 23690.45 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!
Short
by SignalProvider
4
BITCOIN Will Go Lower! Sell! Take a look at our analysis for BITCOIN. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 29411. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 28429 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
4
BITCOIN Will Go Lower From Resistance! Sell! Here is our detailed technical review for BITCOIN. Time Frame: 10h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 30261.20. Considering the today's price action, probabilities will be high to see a movement to 29009.93. 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!
Short
by SignalProvider
6
BITCOIN Is Going Down! Sell! Here is our detailed technical review for BITCOIN. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 30781.75. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 29582.24 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!
Short
by SignalProvider
2
BITCOIN Is Going Down! Short! Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 30046. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 28259 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
4
BITCOIN Is Very Bearish! Sell! Please, check our technical outlook for BITCOIN. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 25441. The above observations make me that the market will inevitably achieve 24929 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
3
Trend-Is-Your-Friend Bitcoin Daily Blue-Print (99.9% Accurate) Blueprint of Bitcoin on Daily. Markets are going to have their liquidity drained from the markets. I will assume Bitcoin will follow the stock market. For now the trend is down. Bitcoin got rejection off of the 50 Daily MA a few days ago, and a 13-Count sell signal as well with a 9-Count on the 4Hour that same day. (5/31-6/01) Bitcoin got broken down from a rising wedge, with negative divergences (declining VOL on rising wedge pattern) Bitcoin then formed a Head&Shoulders pattern, which we have broken down below the neckline, then making LowerHighs & LowerLows on daily. I assume we will have a sell off for the next 4 months at least. Goodluck, happytrading & #NFA
INDEX:BTCUSDShort
by UnknownUnicorn3237473
BITCOIN Will Move Lower! Sell! Take a look at our analysis 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 26766. The above observations make me that the market will inevitably achieve 25771 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
9
BITCOIN Will Go Down From Resistance! Short! Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 27243.77. Considering the today's price action, probabilities will be high to see a movement to 25204.10. 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!
Short
by SignalProvider
4
BITCOIN Will Move Lower! Sell! Take a look at our analysis for BITCOIN. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 27437. The above observations make me that the market will inevitably achieve 26907 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
4