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Bitcoinsell

Strong Sell Signal for Bitcoin. Road to 14k.I analyze daily and weekly timeframe. Here are the list why bitcoin will go down: 1. 100 SMA and 25 SMA is my indicator for reversal. It the recent rally, the 100 SMA and 25 SMA failed to cross for bullish reversal. 2. Support lines are drawn in my chart. It currently breaks the support line in 17.5k-18k area. It is headed for the next support of 14k. If you zoom out the chart and look for weekly chart. You can see a support at 14k in June 2019. 3. -DI is above the ADX and the slope of ADX is high. I also based the strength of the trend based on the slope of the ADX. I look for 14k if there is possible big rally or bounce. I will take profit if the -DI goes below the ADX and wait for further reversal signal.
Short
by UnknownUnicorn13326052
4
BITCOIN: Bearish Fakey + Pin Bar SetupBITCOIN (BTCUSD) – Cash: Bearish Fakey + Pin Bar Setup (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed a Bearish Fakey + Pin Bar Setup overnight (We suggested waiting for this setup in the Sep 21st, daily newsletter). Price exploded lower from the $21930 – $22808 short-term resistance area. Potential Trade Idea 1: We are considering selling on a retracement higher to within the range of the current Bearish Fakey + Pin Bar Setup. Potential Trade Idea 2: We are considering selling on a retracement higher and after a price action signal, whilst price remains under the $21930 – $22808 short-term resistance area.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
1
BITCOIN (BTCUSD): Bearish Pin BarBITCOIN (BTCUSD) – Cash (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed a Bearish Pin Bar Signal just under the $25339 key resistance level, earlier this week. The Bearish Pin Bar Signal that had formed on Sunday, August 14th has failed (We did not consider trading this signal, nor did we mention it). The Bearish Pin Bar Signal that had formed on Thursday, August 11th has failed (We did not consider trading this signal and hopefully saved some members on this market). Idea: We are considering selling on a retracement higher whilst price remains below the most recent Bearish Pin Bar Signal that had formed just under the $25339 key resistance level, earlier this week.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN: Bearish Pin Bar SignalBITCOIN (BTCUSD) – Cash: Selling On Retracement Higher To Within The Range Of Bearish Pin Bar Signal (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed a Bearish Pin Bar Signal late last week. Price moved lower from the Bearish Pin Bar Signal that had formed early last week (We suggested trading this signal in the June 28th, daily newsletter and hopefully some traders got on board). Price moved lower from within the range of the recent Bearish Inside Bar + ultra-small Pin Bar (Combo Setup) that had formed on Friday, June 17th (We have been considering selling the pullback to this setup since June 20th, weekly newsletter). Potential Trade Idea 1: We are considering selling on a retracement higher to within the range of the current Bearish Pin Bar Signal. Potential Trade Idea 2: We are considering selling on a retracement higher to within the range of the recent Bearish Inside Bar + ultra-small Pin Bar (Combo Setup) that had formed on Friday, June 17th. Potential Trade Idea 3: We are considering selling on a retracement higher and only after a price action signal, whilst price remains below the $25339 short-term resistance level.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN (BTCUSD): Inside Bar PatternBITCOIN (BTCUSD) – Cash: Selling On A Breakdown Of Inside Bar Pattern (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed an Inside Bar Pattern overnight. Price moved briefly lower from the prior Inside Bar Pattern that had formed last Thursday (We didn’t consider trading this pattern). Price moved briefly higher from the recent Bullish Pin Bar + Multiple Inside Bar (Combo Setup) that had formed around a week ago (We did not consider trading this setup). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Inside Bar Pattern. Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Bearish Fakey Setup.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN (BTCUSD): Inside Bar PatternBITCOIN (BTCUSD) – Cash: Inside Bar Pattern (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed an Inside Bar Pattern overnight. Price formed a Potential Bullish Multi-Bar Fakey Setup last Thursday (We did not consider trading this setup). Price briefly moved higher from the Bullish Long-Tailed Pin Bar Signal that had formed over a week ago (We did not consider trading this signal). Price moved significantly lower (Almost $4500) from the Bearish Pin Bar Signal that had formed on Tuesday, May 10th (Before reversing up), (We suggested trading this signal in the May 11th, members' daily newsletter). Price significantly moved lower from the Multiple Inside Bar Pattern that had formed just above the 37559 prior short-term support level (Which is now a Key resistance level and an Event Area) around three weeks ago (We suggested trading this pattern in the April 29th, members daily newsletter). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Inside Bar Pattern. Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Bearish Fakey Setup.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN: Bearish Pin Bar Signal$BITCOIN ($BTCUSD) – Cash: The Bearish Pin Bar Signal triggered (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price moved lower from the recent Bearish Pin Bar Signal that had formed earlier this week (We suggested trading this signal in the May 11th, members' daily newsletter). Price significantly moved lower from the prior Multiple Inside Bar Pattern that had formed just above the 37559 prior short-term support level (Which is now a Key resistance level and an Event Area) over a week ago (We suggested trading this pattern in the April 29th, members daily newsletter). Price moved lower from the prior Bearish Pin Bar Signal (Event Zone) that had formed just under the 42608 short-term resistance over two weeks ago (We suggested trading this signal in the April 24th, weekly newsletter and hopefully some traders got on board). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a retracement higher whilst price remains below the recent Bearish Pin Bar Signal. Potential Trade Idea 2: We are considering selling on a retracement higher whilst price remains below the 37559 key resistance level and the recent Multiple Inside Bar Breakdown Pattern (Event Area).
COINBASE:BTCUSDShort
by UnknownUnicorn393254
18th April 2022- Bitcoin Road To $20,000Kuala Lumpur, Malaysia: Bitcoin will be going to lose some interest over time and the distributions are on the way. Meeting with the crypto whales today, they agreed to release their holding. Thy are not going to bet the system. Mining difficulties are showing stress level. No sign of recovery over next 2 months. It is better to release than holding. This decision will eventually send the bitcoin tumble to $20,000 for next consecutive season. As trader and retails digest the information and the news, they found that the market of cryptocurrency has changed. The environment is just not the same back last year. Tips: It is better to release for profit and buy it on much more cheaper price. Since there is no buy the dip quote and such quote did not exist. We will see some environmental change by next week. This could be the rise of altcoin season.
Short
by Zezu_Zaza
2
2 for 2 with bitcoin shorts today! Riding it down caught the wicafter taking partial profits on my 1st BTC short i moves my stop loss into profits which was triggered when it wicked up, which is why its always smart to take profits along the way and move that stop loss into profits to make it "risk free" After a massive surge up i felt like it wouldnt sustain above the ascending trendline so I jumped in with a larger trade than the previous short. I already closed about 50% of this short @ 37500 letting the rest ride.
BITSTAMP:BTCUSDShort
by Layne_LV
3
BITCOIN SELL IDEAHey tradomaniacs, looks like BITCOIN is about to move down in order to re-test the support-zone. Two fakeouts above trendline and resistance are often a great indicator for liquidity-grabbing by bigger players. I`d wait until the secondary trendline breaks and until the breakout gets confirmed. Otherwise BUY if we get another break to the upside! Let`s see what happens!=) LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
BITSTAMP:BTCUSDShort
by Trading2ez
6
Bitcoin still bullish???HIi crypto lovers today i will be talking about bitcoin if its still bullish or we may see any drop further soon. so if we check my chart we are at 46400 levels which is acting as resistance for now if daily or h4 close above 48800 we may see price hitting 60k usd again to form another cup & handle pattern before dropping but if we kept on ranging at this area we may likely to see a drop upto 42k again if daily or hr today close below resistance . if daily or h4 closed below 42k next target will be 30k for bears and if we closed below 30k possible we be hitting 19k-22k but if we closed above 48800 go long for target 60k and you can short 60k for target 50k and we see overall performance above 42k is strongly bullish and forming pattern in cup and handle and please dont ignore divergence we might see fat drop at 60k. Good luck
COINBASE:BTCUSD
by FxSniper_
Last Chance for Bitcoin??? i am expecting same consolidation between 29k-40k for this month as we are holding on to a strong support and price likely to bounce from here but we closed below 29k this week next target would be 19k and if we continue to hold this support long entries here will be TP around 40-42k . also if we check some indicators RSI we can see divergence and stochs are at low aswell so i am expecting a big spike coming very soon this week or probably on next week tuesday or wednesday . Goodluck
COINBASE:BTCUSDLong
by FxSniper_
2