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Bitcoinshort

Bitcoin ShortBulls and bear are fighting over the yellow line on my chart. That yellow line is the 50 fib. Keep it simple: price below that yellow line means bears are in control. Price above that yellow line means bulls are control. Do NOT long in bear territory. Do NOT short in bull territory. This is a close match. I could say I am neutral, but I have a rule. The rule is below the 50 fib bears are in control. Sticking to a set of rules gives us the advantage over a period of time. Make your rules, and stick with them. If they are not working, find ones that will, and stick to those. If/when those stop working, move on to find new ones and stick with those. In other words, have rules, but adapt them to the environment the market is in at the time.
COINBASE:BTCUSDShort
by UnknownUnicorn2239932
7
Technical analysis update: Bitcoin (30th December 2021)Recently a bullish breakout from the pattern resembling falling wedge occurred. However, price halted its rise at 52 098 USD; then price retracted back below the lower bound of the neutral zone. This lower bound continues to gain importance as bearish breakouts and retracements continue to occur along it. We will observe price action near this price level and we will watch out whether price manages to rise back above it or continue its decline. At the moment, we continue to maintain a bearish notion on BTCUSD. We still expect an eventual retest of 41 967 USD price level. Our short-term price target of 42 500 USD for BTCUSD remains in place. Illustration 1.01 Illustration 1.01 shows the hourly chart of BTCUSD. It also shows a pattern resembling a falling wedge. Additionally, this chart exhibits bullish breakout followed by exhaustion and bearish retracement in price. Technical analysis - daily time frame RSI halted its rise slightly above 50 points. After that it reversed its direction to the downside which is bearish. Stochastic also reversed back to the downside and turned bearish. MACD started to flatten and its histogram started to decline. ADX still contains relatively high value but it continues to gradually decline. However, it is possible that ADX may go for a second lower peak (lower than one which was reached on 20th December 2021), especially if selling pressure returns. DM+ and DM- continue to show bearish conditions. Overall, the daily time frame exhibits bearish conditions for BTCUSD. Illustration 1.02 Illustration 1.03 shows the hourly chart of BTCUSD. It also indicates a series of bearish breakouts below the neutral zone. Technical analysis - weekly time frame RSI, MACD and Stochastic continue to develop bearish medium-term structures. Additionally, DM+ and DM- show bearish conditions in the market. However, ADX contains a relatively low value which suggests that the prevailing trend remains neutral. Because of that BTCUSD allows for two possible trade setups with long position being taken above the Resistance 2 (with stop-loss below it) and short position being taken below the Resistance 1 (with stop-loss above it). Illustration 1.03 Illustration 1.03 shows the daily chart of BTCUSD. It also indicates values at some of the recent peaks in BTCUSD. Support and resistance Major support level is at 28 600 USD; major resistance level is at 69 000 USD. Short-term resistance (Resistance 1) is at 48 834 USD, while medium-term resistance (Resistance 2) lies at 52 956 USD. Between these two price levels lies the neutral zone. BTCUSD enters bearish conditions below it and bullish conditions above it. Other resistance levels appear at 59 564 USD and at 64 895 USD. Other support levels can be found at 42 900 USD and at 37 573 USD. Additionally, support level can be also found at recent low of 41 967 USD. Illustration 1.04 In our opinion if BTCUSD breaks below the recent low at 41 967 USD then conditions will dramatically worsen for Bitcoin. However, we are open to reasses our bearish view if price manages to hold within the neutral zone and then break out above it. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
18
Bitcoin Short TA : 01.06.22 : $BTCAs we expected, the price break the trading range from the bottom and also lost its important dynamic support. Currently, the first very important support and bearish target is the (Swing Low) price, which is in the range of $ 42,000. Up to $ 42300, if this critical level is broken the next downside targets will be $ 40,000, $ 38,600 and $ 37,700 and if all 3 of these support will be lost , the Potential Reversal Zone (PRZ) could be the of 35,500 $ range ... (This analysis will be updated) Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 06.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDShort
by ArmanShabanTrading
11
Bitcoin: They see me rollin’… down 😎The virtual coins are rolling untypically smoothly these days. Neither bulls nor bears seem to be too interested in catching them. However, we expect some new movement soon. The price could go up into the lower half of the magenta colored area between $55296 and $65870. Somewhere in there, it should change its mind and fall down below the support line at $41634. At this point, further downward movement is very likely. Then again, Bitcoin could also decide to break through the magenta-zone, aiming for the support line at $68958. Once it has hit this mark, there is a 20% chance that it might rise further still.
BITFINEX:BTCUSDShort
by MarketIntel
2
BITCOIN BLUEPRINT ON BUYS AND SELLSYou can see according to my special analysis on bitcoin, price created a very nice resistance and broke out of it with a nice retest making it a clear support.. Price made a pullback, creating that DOUBLE TOP and allowed seller to get in nicely for a sell! Now, this is where it all get interesting, how price broke out of previous resistance and now broke into the resistance circle and make a retracement at support level and now going back to resistance level, which means there is a 90% sure rate that price will make a retracement at that given resistance level using one of my favorite tool the FIBONACCI
COINBASE:BTCUSDShort
by drehlo321
Will Bitcoin get a Christmas Rally?Bitcoin has been in a falling wedge (between the two red lines), and has broken out to the upside. However, it is too early to celebrate. There is strong resistance between $48,600 - $50,000 that could push the Bitcoin price back down. There is the potential for a Christmas rally if BTC moves sideways, which gives Altcoins some potential for profit this week. Keep in mind that we had a lot of bearish news with Fed tapering and Omicron cases spreading quickly. This causes people to have fear, and makes them less likely to long or hold at these price levels. In order for BTC to have a Christmas rally, we need to get a 4 hour or preferably daily candle close above the orange line, which has been giving us strong resistance since November.
COINBASE:BTCUSD
by NMEcrypto
1
BUY THE LAST 2021 BITCOIN DIPBITCOIN last dip before the last 2021 Bull Run then will come the huge Bear Market. This is surely the last 2021' Dip. Do not expect price to the pass previous ATH of 69k. My secret was that the 2021 BTC market was an exact copy of the 2013 Chart. See the link to related ideas, and now you can go and verify. From next week Monday, avoid shorting till clear Bear market confirmation, and that should be during the first week of Jan 2022. In 2013, we followed the 1D TMF, but in 2021 we followed MA on 1W TMF. I love you all and do not hesitate to ask me for questions. All comments welcome.
Long
by MasteratTrader
BITCOIN: LAST SUPPORT AREA + HEAD AND SHOULDERS PATTERN.Bitcoin seems still in bearish scenario as you can see at Timeframe 4 Hour, show head and shoulders pattern (bearish) and bitcoin failed to break EMA 200 at Timeframe 1 Day. The last support area around 39812 - 41183 price. You can take short position and take profit there with stop loss around 49355. Watch your money management and do your own research before trading. If break it will be bearish season. Look my previous ideas here: note: only take position after confirmation and do your own research before trading.
Short
by pandupratama7