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Bitcoinshort

Bitcoin targets for correctionBitcoin after 222 days range hit 27 zone. Now I would like to see correction BINANCE:BTCUSDT.P Possible Targets and explanation idea ➡️Over 200 days in a range! We move impulse sideways Impulse. ➡️Its a daily timeframe only local zones. Main zones 48-52K by end of year or April May 2024 still relevant ➡️Now we are in a market stage when Bears and Bulls will loose the money ➡️Consensus about "we can't move higher" will be soon from both camp ➡️in a range we got deviation at the top of range and deviation at the bottom ➡️Impulse up, sideways and last impulse to 27 zone work almost in 99% cases like a clock) ➡️Healthy correction will be to 0.23 zone and good correction block for futures marked with SL. ➡️On MP indicator you could see how whales fix main % of position on D tf, then RSI div on daily and continuation of fixations. ➡️ Waiting on D blue zone of money inflow. I think its can took just a week or so before continuation of main trend Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Short
by Crypto4light
BTCUSDTBTCUSDT We are currently seeing some interesting BTCUSDT price action. The second time the price is trying to break through the strong resistance at $31162. We consider two scenarios. Bearish scenario: If BTC fails to break through the indicated resistance and bounces off of it, we may see a reverse bounce down. Our green trend line may come under pressure and if the price moves lower, the next support levels are in the $23345-$19942 range. Bullish scenario: In the event of a breakdown and holding positions above the $31162 resistance level, this may open the way for further growth. Here our targets will be in the range of $33900-37100 Our recommendation: We advise you to keep 10-20% of your deposit in BTC in case the 2019 scenario repeats. Good luck and good deals! If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
3
Bitcoin Runs into Strong Resistance on the Weekly.Recently, INDEX:BTCUSD has been having a bit of a bull run. This is probably because most people were and are still expecting a Spot ETF to be approved. That is, according to mainstream sources. I'm not sure whether the bull run has finished yet, however, we do have some chart statistics that show Bitcoin will probably have a pullback. Firstly, the RSI is showing >80 on the Daily at the moment, which is very overbought. In fact, during the bull run, Bitcoin hit an RSI number of 90+ temporarily. To put that into perspective, that is the same RSI number Bitcoin hit when it had its late 2021 bull run. RSI on the Daily Secondly, there are two strong trend lines on the weekly chart that Bitcoin has just run into, and its clear they're strong resistance. Weekly Chart I have shorted KUCOIN:BTCUSDT at this level, and I'm expecting the price to go down soon. Although, I could be wrong.
INDEX:BTCUSDShort
by mrdawowski
BTC DO NOT DOING THIS, I WILL TRY All this has been stretched out for me for a long time, at 29700 I was not berish, I tried the scalp and that's it. Somehow I believe we can capture this and win a nice profit. Very risky but tempting for me. We are waiting for spikes and place the order as you like, if I am wrong let the price deny me. If anyone knows how to post a closed order through the exchange, feel free to contact me, because I don't know how else to do it except for the link
BITSTAMP:BTCUSDShort
by learnfromfailure
SteadyCompound #1 Newsletter: Week 23.10.23 - 29.10.23Welcome to SteadyCompound 1st Newsletter, A few notes about my approach to nowadays trading - I am a retired trader (2008-2018). I day-traded high frequency time-frame across Stock (2008), Bond Futures (2010), Forex / Gold (2012), Commodity e.g. Brent, Gas (2015) and Crypto (2017) - I turned start-up cofounder (2020) and recently gained financial freedom (2023), which define my approach to now "trading as a hobby": refrain from over-trade and opt for high probability trade only with high R/R, clear indicators and peace of mind - My goal is to steadily compound wealth and accumulate Bitcoin long-term Trade Ideas for Week 23.10.23 - 29.10.23 1. Range has been stable for 6 months within 25K - 31K territory so we can exit our long at high 30k - low 31K 2. Taking Short Position at high 31K e.g 31600 is our SC "SteadyCompound" trade: - short into the down trend / RSI oversold +75 / year-high 31K resistant / low volume spike for 2.7 R/R ratio, targeting above 27K - hard-stop of 5% at right above 33K e.g 33113 (there is another resistant range at 31K - 33K formed during 2021-2022 which possibly allow us to scratch / take small loss on our short position) #steadycompound #financialfreedom #tradingstrategy #systematic #bitcoin p/s repost for Binance Exchange
Short
by SteadyCompound
BTCUSD MID-WEEK ANALYSIS UPDATE 08/10/2023📈 BTC/USD: Short-term Drop with Upside Potential 📉 Recent USD weakness fueled a rise in BTC 🚀. Now, with the Dollar initiating a pullback, I anticipate a short-term drop in BTC/USD. After that, I'm looking for a continuation to target the $31,500 level. Here's what to keep in mind: - USD Influence: Recent Dollar weakness played a role in BTC's ascent 📉. - Short-term Drop: Expect a temporary pullback in BTC as the Dollar regains strength 📉. - Upside Target: The goal is to target $31,500 as the next potential move upward 🚀. - Risk Management: Set clear stop-loss and take-profit levels to protect your capital ⚖️. - Technical Analysis: Use technical indicators, like moving averages or RSI, to time your entry and confirm trends 📊. - Stay Informed: Keep an eye on news and events that could impact both BTC and the USD 🌐. Remember, this analysis is not financial advice, and all trading carries risks 🚨. Make sure to do your own research and tailor your strategy to your risk tolerance. Good luck with your trading journey! 🍀📈💹
COINBASE:BTCUSDShort
by Dion-FX
False Bitcoin rumors revealing real market sentimentFake news sent Bitcoin up about 10% on Monday, surging from $27,900 to over $30,000 after Crypto news site Cointelegraph posted on X that the Securities and Exchange Commission had approved BlackRock’s spot bitcoin ETF application. In response to the rumor, BlackRock had to clarify that no decision had been made regarding their ETF application. Even though the rumor has now been debunked, Bitcoin is still up more than 5%, at $28,600, with some movement suggesting that buyers are still willing to prob for more gains. The 10% upside move has perhaps provided us with a preview of what might happen when/ if the SEC eventually approves or rejects BlackRock's Bitcoin ETF application. It could also be argued that we are also getting a glimpse into what could happen if the SEC rejects the application, with targets set at the pre-rumor price of $27,900 the first port of call.
BLACKBULL:BTCUSD
by BlackBull_Markets
12
BITCOIN: Bearishness Before UpsideHowdy risks-taker! I've had time to take a probing look at bitcoin this weekend and see what I think I found. I do expect some large-scale bearish activity on bitcoin in the coming weeks. The pair looks anytime ready to plummet in any case. We've been struggling to keep any bullish steam and sellers are pretty much in control. But make no mistake about it, the pair is inherently bullish in my view and the question is how long to keep going down before we see definite rallies? For now, this is the idea I am interested to engage with until proven otherwise as we often are.
COINBASE:BTCUSDShort
by MyFxPicks