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Bitcoin-short

#DAYTRADE | BTCUSD (Short) - Liquidity ZoneThe price of BTCUSD is sitting below a horizontal resistance (17200 - 17400) that has been established a month ago. Sellers defend this area. I'm expecting the price to move towards the liquidity zone (yellow box) within the next hours. The upcoming week will be exciting with the PCE & CPI data as well as the FED meeting on Wednesday. I've shared a sheet about the FED meeting on my Twitter - feel free to check it out. I'm trading this idea as followed Entry: 17150 Position: Short Stop Loss: 17240 Target: 16970 Leverage: 3x If you like this idea, feel free to leave a like and follow me on TradingView. Cheers
BITSTAMP:BTCUSDShort
by Anton_XBT
1
Old wallets moving, BITCOIN CORRECTIONHello Traders As you can see in the chart above, we predicted the market correctly in the previous post. Now we expect a correction to lower levels. On the Onchain side, I put a metric called ASOL; Average Spent Output Lifespan, which shows the average age (in days) of spent transaction outputs. The metric value has spiked today, meaning that old wallets (UTXOs) were moving their bitcoins, which creates a risk for the price. Onchain and technicals combined, I think we can see lower levels over the weekend or might have a bearish consolidation. Note that this is an intraday analysis and is only valid for a couple of days or even hours. ------------------------------------------------------------------------ What is your opinion? Comment below. If you like the idea, please hit the boost button and follow me so you won't miss the updates. The information given is never financial advice. Always do your research too. Good luck.
Short
by Crypto_MD
4
Market stagnation before the retraceDue to low liquidity during the weekends we are going to see most likeley not much action on the Market. We have 2 Major Liquidity Zones that should be recovered on Sunday evening latest Monday. Expect a retrace to 16445USD Short orders are favourable. Another possibility is before retracing to the 16445USD zone a touch of the 800EMA before we retrace. Wait and observe the behaviour, on Sunday latest monday we will know more about the market intentions. Stay calm and wait for the liquidity to come into the market. Enjoy the weekend.
Short
by Namwarone
1
Everything As Expected. Hi dear traders, hope you are surviving the current bloodish wave in the market. Since we have forecasted the movement in almost an accurate rate we did survive the overall negative hype on the week. So What's going on Bitcoin? I am still bearish till something content-ful market impact took in place. For now, $12,200 area is the next strong resistance line if the current magnetic support lines at around $15,500 and $14,400 areas respectively are going to be breaking out. This is just to drop my greetings and my current market sentiment perspective. I will be back bringing you a detailed analysis sooner or later on. Stay safe and be strictive on your trades till market gets some space to breath.
Short
by cryptotalk_et
ETHEREUM - PATH FOR ETH WE ALREADY HAVE SEEN?All crypto market looks really bad. Probably it's time for capitulation event. And while we had one during covid crash we can look at the structure of price to know that now it looks very the same. What is interesting is that then everyone was claiming that it wasnt possible to recognize the bottom, but was it really when we look at the ETH ? Broadening Wedge Pattern was pattern printed then and also now we can reach the lower band of the wedge what would give us possible double bottom with price slightly below June bottom, so around 850 usd. This is where I buy if we get there.
BITFINEX:ETHUSDShort
by mess_on_a_mission
2