Bitcoin-short
Bitcoin Price Prediction and Updates1. Here is my view on the bitcoin chart if bitcoin getting weaker and breaking the trendline with bearish divergence in "RIS" Then I will be looking for short and my first target will be golden zone in Feb Retracement tool.
2. For long I will be looking the golden zone in Feb Retracement Tool and wait for the Reaction in lower time frame 5/15 mints.
I do analyze the cart on my view but nothing is financial advise.
BTC 15m Head and Shoulders FormingH&S developed the top of the right shoulder. Based on the current sideways action, it could be invalidated soon, but we also need to consider a current FUD around USDC. A price target is in the low 19000s, Which corresponds with yesterday's invalidated double top formation.
#ETHEREUM SELL ANALYSIS TO $600 (UPDATE)Ethereum prices down 13% since we first posted the analysis for you guys in September last year. The ETH market is moving accordingly and running in profit. We are still holding shorts within the Crypto Fund for our investors📉
I already have all long term buy positions SET & READY for my Crypto Fund investors👽
BTC Bear Flag and Rising ChannelsAs you can see, we are in a confirmed two-layer ascending channel structure.
We have already been rejected by the ma200/W.
This decline brought with it the bear flag formation, which is a continuation / decline formation.
As for the ascending channel breakout, it looks like it will show us a deeper bottom.
NEGATIVE EXPONENTIAL MOVING AVERAGES CROSSING on BTCThe 10 and 50 period exponential moving average intersection, which is one of the intersections that I take into account, has been confirmed.
For this crossover to remain fake, we need to see a 1-day close above the 10-period exponential moving average at least.
Considering that the market situation is not good in terms of fundamentals, I think that the decline will deepen.
BTC Fake BreakOUT and Price PredictionAs it is known from the upper band of the channel we are in, the 200-week simple moving average and even a solid horizontal resistance area , we were rejected with the contribution of the deathcross realization and the negative discrepancy in the relative strength index and price correlation on the daily timeframe .
The predicted decline and reaction rise areas do not seem to be very pending.
As I expected, the main decision area seems to be around $18,500.
Feel free to comment, knowledge multiplies by sharing.
USDJPY looks to be topping out - Goin Short! USDJPY was pumping last week.... now looks to be taking a break.
DXY is way over bought and is already heading down... <---
Love the Forex markets!
If you can successfully trade this market then other markets like Crypto look interesting!
Not Financial Advise! LOL!
Lets have a good week!
Good Luck Out There!
TRADE UPDATE: 12R has now been achieved on the front sideEIGHTCAP:BTCUSD
Price moved aggressively to our target and I manually exited my positions with a solid 12R gain. I've now entered the backside short position with a 1 R risk, knowing that I will walk away in the worst case with an 11R trade here.
In profit,
The Meditrader
Bitcoin Supply ZoneHello traders
As you know bitcoin started to turn bullish weeks ago, market greed has increased, and dominance is above 42%.
On a day to day charts and the short term, Bitcoin hit a supply zone that is pretty strong in every timeframe.
I see a rejection from that zone, and I think this rejection might create a bearish momentum for the short term; in other word, I will call it a correction for a bullish trend.
I screenshotted a metric from Glassnode called realized Profit/loss Ratio, which shows that most of the network wallets are currently in profit. This is a risk for a price.
Note that this is an Intraday analysis and is only valid for a couple of days or even hours.
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What is your opinion? Comment below.
If you like the idea, please hit the boost button and follow me so you will get the updates. The information given is never financial advice. Always do your research too.
Good luck.
Bitcoin to drop and correct all this buying pressure soonwe are currently on 4h supply zone, and it looks like price is struggling to break above it
1. maybe because its building liquidity to go higher
2. or we might see a trend change, but I think its early for that
we will see how it goes next week
Dont be fooled by the pump!!!!!Bitcoin has no value. Its value is made by human emotions. What happens when humans enter the depressive state of mind? Bitcoin will no longer be supported nor be interesting.
Last time I posted on Bitcoin, I said that the narrative that would drive the price down was corona. And i quote: "With this corona bullshit..."
This time the narrative will change. WAR and INFLATION will drive bitcoin down this time.
WAR and INFLATION will make people enter a depressive state of mind.
DXY will be pumped (WAR will cause this) = Bitcoin dumped.
Short the next pump to 25k and join me on this ride to the ashes.
"What has been will be again,
what has been done will be done again;
there is nothing new under the sun."
Ecclesiastes 1:9
Thank you!
BITCOIN, the BIG SHORTIt looks like we are forming a Head and Shoulders pattern, also we have below that significant Vector candles where lots of Orders are trapped.
I expect BTC to go LOW, given the current economic situations i even think of sub 15k prices.
My entry for a Short is at the red Line, take profits along the green Vector Zones.
Do not overleverage and do not be greedy, pay yourselves :)
Bear Flag Inside Of A Bear Flag, Inside of Bearflag....I can see BTC dropping pretty hard as we have a bear flag on 3 day, 8 hour, etc and I am just waiting for tether news. Grayscale is a failure, this wont help... I can see big drops, I think $13-14k could come fast and hard. I also see the DXY setting to rally, no coincidence.