Bitcoin Sell NowAccording to my chart analysis , bitcoin show strong signal to sell , sell btcusd Now
Bitcoinshort
BTC/USD to $11K..wait for it, before buyingFor demonstration and educational purposes only. Based on price action. No bullish momentum forecasted in the immediate term.
BTCUSD SHORT (BITCOIN) Hello
Looking for this trade to react to the down side from this price level. #RISKSMALL
Trade with care. Blessed day ahead
Bitcoin SellWe clearly see the bulls are weakening and having a hard time to break above it.
I will close my long position (see my related ideas) and will enter a short position if the MA crossover later at NY session or London session.
Bitcoin Wyckoff Analysis P&F Chart v.2Revising my #Bitcoin down target to $15,500👌
In the redistribution range, I should have counted from LPSY → AR instead of LPSY→ SC...
Bitcoin - Bear FlagWith the bad performance of bitcoin in this region of 20k I decided to sell the bitcoins I had previously bought, it was with an average price of 20,000 and I sold it in the region of 19,700 with a little loss.
Most likely Bitcoin is forming a bearish flag pattern that could take us all the way up to the price of 13k to 12k.
The objective now is to look for more entries at the bottom or wait for a trend reversal signal to buy again.
I'm also on the lookout for opportunities to short.
Extremely Bearish Signal for BitcoinThe is a short opportunity here if it breaks below 18.5k level we will find a new support somewhere 14k-15k.
The DMI rejects the pullback in 4 hours chart. and we have really really big red candle.
See you at the bottom.
Symmetrical Triangle breakdown can take Bitcoin price to $17,000Bitcoin price was unable to hold the support line & printed a low $19,221 yesterday. A clear breakdown & retest of symmetrical triangle can be seen on the chart. Previously, on June 4th a breakout & retest was witnessed & then price rallied all the way up & met the target of 17%.
This time the distance of symmetrical triangle is 11.54%. If it follows the same pattern then price call fall till $17,094. This structure will be invalidated if 4H candle of BTC closes above $20,080.
Today, CPI reprot will be released. Market ca be highly volatile. Overall, chart looks bearish.
BTC Sell the break of the overall trend line.Bitcoin - Intraday - We look to Sell a break of 19497 (stop at 19908)
Trend line support is located at 19600.
Short term momentum is bearish.
A break of the recent low at 19500 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 18507 and 18107
Resistance: 20000 / 21000 / 22000
Support: 19500 / 19000 / 18500
Bitcoin ShortI’m entering a Short trade because it breaks below the trendline.
The DMI is so very bearish on 4 hour timeframe, let’s see if we Will have a support on 18.5k.
BTCUSD ShortHey traders, in today's trading session we are monitoring BTCUSD for a selling opportunity around 20600 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
BTCUSDT - Daily Pennant Targeting 8kI have been posting a lot of shorts since I joined TV. But this is only because I have not seen any low risk longs since.
Here on the 1D chart we see that BTC is ranging within a pennant which looks like it's targeting $8,090.
This is the same scenario that has happened many times in the past couple of months already.
The blue area is where I believe the bear trend will turn around and become bullish. However, this could take weeks / months of trying.
I only use Fib for indicators and analysis. If you would like me to chart any other coins leave a comment 👍🏽
Is Bitcoin heading back to 17k?Hey traders, in today's trading session we are monitoring BTCUSD for a selling opportunity around 21k, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Bitcoin Short Opportunity.I'm lazy to type my analysis. Just look at the indicators.
Just Short it and pray that it will go down to 10k-15k.
bitcoin alternate scenario READ DESCthis is a short term play that a creator in my community pointed out to me, personally i believe we will have a slow bleed or a straight capitulation, i’m not expecting a drop in clear waves but just wanted to put this out there.
BTC Sell a break setup.Bitcoin - Intraday - We look to Sell a break of 20699 (stop at 21181)
Our short term bias remains negative.
Trend line support is located at 21000.
A break of the recent low at 20700 should result in a further move lower.
Our profit targets will be 19505 and 19105
Resistance: 22000 / 23000 / 24000
Support: 21000 / 20000 / 19000
BITCOIN - Final Shorts ✅Following on from our last post, we indicated that there's a final bearish wave left. We are now on the verge of breaking down for the final time.
Once this bearish leg is completed, we will be looking for bullish price action for the next bull run.
Shorting Bitcoin here will be a bit risky with limited gains to be made. The bigger and better trade would be to wait for Bitcoin to bottom out and then look for buys.
However, if you want to trade the final shorts, approach it with caution.
SHORT Trade Idea:
- Watch for break of red ascending trendline
- Once broken, enter with stops above the recent highs
- Targets: 17700, 16000, 14500
We'll be back with an updated post once this bearish leg is done.
Goodluck and as always, trade safe!
BTC ShortHad high hopes this was a local bottom, but price action not looking great. Out of all longs at 20500. Not advise
BTC is a precises science. Three retraces 52% each the third one is not complete yet but we are headed there and that's 22k. I have a few more interesting BTC insights that I will post on Twitter. @bitcointrdr
More Selling Pressure on BTC aheadBitcoin much like some of the names we've spoke about like CRWD and UPST is following a similar pattern and structure.
We are expecting some bullish activity to come in to bring Bitcoin back into the 35-37k range but ultimately heading back down to sub 20k is its next move.
18k+ to be exact.
We love Bitcoin & Crypto.. However in this Risk off environment and inflation running hot it will continue to act as a catalyst to drag cryptocurrencies down.
Note: We do have Bitcoin at a million dollars or more by year 2034/35. We will discuss more about our mid/long term outlook on BTC soon however we dont think 18k is the low or bottom of BTC.
