Bitcoinshort
BTC Short📌 BTC/USDT SHORT SIGNAL
ENTRY: ~27040
SL: 28238
Leverage: Isolated max. X10
Position Size: max. 15%
1St TP: Exit 25% of the Position @ 25490
Wait on further instructions for full EXIT, lets see how the market behaves.
Note: CME Gap at ~20500USD
High probability that we retrace a third time off the 800EMA (Purple Line) on the 4H chart.
If we do not close above the 800EMA with lots of conviction there is no reason to enter LONG Positions IMO.
Wait on trade update for full exit.
Bitcoin Could have a pullback into a break out to 27.9Bitcoin was rising yesterday despite DXY movement to the upside.that indicates we may see a rise in prise when dxy pulls back down. IF DXY keeps going up and hit specific levels we could see a capitulation candle to the downside instead of a upside for BTC.
Thanks for all your support
BTC Multiple Sell Signals Showing Possible Flood To 23.8KBitcoin sell signals are getting more and more without showing any sign of recovery to the upside.With VIX going up today could be a volatile day for NY market thus BTC could get volatile as well.
SPX made a gap yesterday and went lower.we could see the same thing today if the bearish momentum is strong
Thanks for all the support
Bitcoin 10k crash! Reposting from Aug 19, 2023This is a republishing of my original post of title:
Bitcoin 10k crash‼️ - 🤔 will it happen? Can it be avoided?
The original version was removed - for reason I care not to explain.
BITSTAMP:BTCUSD
BINANCE:BTCUSDT
BINANCE:BTCBUSD
KUCOIN:BTCUSDC
BINANCE:BTCUSDT.P
I wanted to do an update to my original post and below you will see what charts and findings including the original post from August 19th to help you decide on if you want to invest.
Please be advised.
🚫Do not allow this to frighten you into selling, or consider this as financial advice, understand the risk and understand this may be hypothetical so bear with me BTC -fans or any of those that follow my content, take this with a grain of salt.
Like, laugh, make fun of this prediction, but I just wanted to give everyone a heads up of my findings.
So by the 19th to the 20th of this month, we maybe in more trouble than we think, we may need to start the recovery process soon as this is effecting a great deal of the market and not just cryptos if this issue is not recovered soon - or - see Bitcoin fall in price to the range of 10k by September 25, 2023 or late October 2023.
I will add updates to this post as it progress.
Be sure like, follow, and subscribe for more tips and prediction from me.
Grandmaster_oz
Will be creating a streaming channel soon so I will be covering future events live or on recording.
Below the current status of the market today.
🔴 BITCOIN | There Will Be Blood September is the worst month in history of bitcoin, its a month that all Bears order Lambo!
While Shorts continue to stack into the weekend, expecting some kind of move around US Futures open and into Monday EU session. low whale order volume, the accompanying order book chart showed a lack of bid liquidity overall, with $25,500 gaining only modest interest.
The BTC bullish momentum moving averages may act as resistance, It is no secret that Bitcoin has underperformed this month even by August standards, which have rarely given bulls anything to celebrate. volume is super low means more trader stopped trading and waiting for more confirmation.
BTC is down 11% this month, and with the weekly close around the corner, anticipation is building among market observers. August 2023 is already vying with last year to become Bitcoin’s worst August since 2015. BTC price shed 13.9% in August 2022, a move which marked the beginning of half a year of pain.
positive news events, such as the future green-lighting of the United States’ first Bitcoin spot price exchange traded fund , had not yet entered market consciousness.
This week, despite containing the Fed’s preferred inflation gauge in the form of PCE, could well end up no different.PCE data is due on Aug. 31, hours before the Bitcoin monthly close, with Sep. 1 offering nonfarm payrolls and unemployment data
The Bitcoin hash rate just hit 400 th/s for the first time ever which is mindblowing, considering the energy issues in Texas and the cost of electricity surging worldwide, means more whales prepare for new bull market
The price of BTC is $25,965 today with a 24hour trading volume of 7 billion dollar. This represents a -0.6% price decline in the last 24hours and a -11% price decline in the past 14days
most indicators all bearish and the next targets are 25,500$, 25k and 24,500$
whats your plan for September bloodbath ?
Bitcoin Short trade IdeaMy basic premise is that Bitcoin is in the midst of relief rally/ short squeeze. If Bitcoin breaks above 28K and holds support, I will reconsider my opinion.
IMO, there is confluence for a short trade between 27K – 27.3K.
Possible Short triggers:
1. The 200D EMA, at 27K, may act as resistance.
2. The 50D EMA, at 27,076, may act as resistance.
3. Supply Zone (1H) between 27K 27.3K
4. Trendline resistance at 27K.
4. SL is at the 50% of the wick at 27.43K
Wait for a rejection. It is possible that this squeeze will run as high as 28K.
Trade Idea:
• Entry: 27, 050
• SL: 27,450
• TP1: 25,300
• Target: 23,500
• R:R: 1:3.89 to first TP.
NFA
What do you think? Please share in the comments
Best Wishes
BITCOIN BACK TO 19999 SUPPORT?We don't know when the ETF from BlackRock will be approved so this is the worst possibility of COINBASE:BTCUSD if this ETF is not approved as soon as possible BINANCE:BTCUSD will return to 19999.19 usd support!
or if it is not strong enough to hold the support at 19999 it will return to 16778, I hope next month it will be approved by the SEC.
BTC Full Analysis in Daily TimeframeHello Traders, here is the full analysis for Bitcoin in a daily time frame, Let me know in the comment section below if you have any questions. I suggest you keep this analysis on your watch list and see what will happen and will my tragedy prove!!!
Today I want to talk about BTCUSD
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Before that, I want to remember It's not financial advice.
I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated.
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As seen on the chart I used the Fibonacci channel to explain simple. I active special lines, for example, I introduce you 0.5 as mid-line,1 for the top of the first channel, and 0 for the low of the channel.
Although 2 is the top of the second channel line,1.5 is the mid-line of the second channel, and so on.
I used 2 purple circles as the tops of the channel and used one green circle to draw Fibonacci channel lines. That's all.
So, let's check it out on the chart together.
As you see the price reacted to these channel lines. sometimes prices do not touch the channel lines, but if you change the chart from line chart to candle-stick, you will see that prices always touch these lines because the prices are so respectful of these Fibonacci lines.
Let's not go into details.
As we expected the price reacted to the second Line. I drew a red circle to see better this reaction. And then the price goes up. But it's temporary and the drop again.
I will show you more things based on Elliot's theory to understand what's happening in Bitcoin. So, don't worry Guys.
Also, I drew 6 green zones. The first one is very important because if the price loses this zone, we will drop more to the second green zone.
If we lose the second zone, the next support zone will be active.
I expect we lose the first, Second, third, and 4th support zones soon.
I think the best zone to think to buy Bitcoin is beginning on the 8K. I will do this. It means I will buy Bitcoin at the price of 8500 for the first level.
The next zone is around 6500 and the final zone is 4500 to buy and Hold Bitcoin until 2030.
It's just my vision. it might 6th zone never ever touches the price. But based on my analysis of USDT.D and BTC.D and DXY, everything is possible.
I will publish my analysis about DXY, and USDT.D soon.
But if the price loses the second support zone everything will be difficult and the situation will be changed. And we will see more pressure in the Crypto market.
This causes a big drop in the market, which, as you know, can lead to a FUD in the market. so I expect we lose the second support zone at around 18000-18500 USD and move to 8000 USD for the first level zone.
The next analysis belongs to the weekly Time frame based on Elliot waves. I will show you everything you need to know.
By the way, I think this correction will be ended in April 2024.
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth.
Sincerely Yours
Ho3ein.mnD
BTCUSD Feeling a Little Heavy. Bitcoin is looking a little heavy since creating a dead cat bounce on Aug 29, rebalancing some of the Weekly SIBI FVG from Aug 17 which closed as an extended range candle.
Price is within a daily range between 28184 high and 25234 low.
I am expecting the monthly pool of sellside liquidity to be targeted in the coming days reaching for 24750 price level.
If price reaches for the low, then the algo is likely continue to spool lower toward the two underlying daily BISI fair value gaps as outlined in the chart between 24000-22276 and 21882-20964 over the coming weeks, likely before end of Q3 in October.
Is BTC Headed to 2019 Bear Market Lows - SHORT -85%?In this video analysis, we dive deep into the current state of Bitcoin's price action. We'll explore the critical M formation that emerged in June 2021 and how Bitcoin is currently resisting its lower boundary. We'll also discuss the ongoing corrective b-wave within the larger wave C, examining potential upside targets.
Join us as we analyze key support and resistance levels, Fibonacci retracements, and Elliott Wave Theory to provide insights into where Bitcoin might be headed next. Our target zone of interest? The 2019 bear market lows, situated between $3,000 and $4,900, which aligns with the 1.618 to 1.272 Fibonacci levels of the preceding wave a.
Stay ahead of the cryptocurrency market trends with our in-depth technical analysis. Don't miss this opportunity to gain a comprehensive understanding of Bitcoin's potential price movements and make informed trading decisions.
BEARISH TREND CHANNEL CONFIRMED FOR $BTC! $19K Ahead!Hello fellow traders,
The recent price action of BTC going down has confirmed a top of channel trend line that has been forming for a long time.
This trend line has been tested at the top over 4 times and the bottom 2 times over the last 2 years.
This indicates a bearish price action ahead, towards the middle of the downward trend channel.
Price will be likely to be tested at $19K support, just under $20k.
If $19K support doesnt hold, the bottom of the downward trend line sits at $16k.
For now I would exit BTC and look to do some low leverage shorts, 2x.
If you want more premium ideas, click the link below!
Have a nice day traders.
Cheers.
BTC NEW ANALYZE DAILY As you have seen in the previous analysis
Wyckoff's theory happened in Bitcoin and it has experienced a decline in price up to the base of the start of its movement, i.e. the $26,000 range.
Also, it has broken down its daily ascending channel, which is the trend line that the buyers were hoping for
The current mentality regarding Bitcoin is to sell and any increase in the price can be a good opportunity for sellers
Thank you for sharing your opinion with me
Bitcoin Price Action & Trade UpdatesTraders,
My followers know that during the last price pump by BTC to the 200 day moving avg., I took 50% off ALL trades, altcoins included. I then moved all my stops up to just above breakeven. I have been out of the office since Wed. and came back to notice that some of these stop limits have been triggered.
XRP at .50
ETH at $1638
BTC at 26403
LTC at 65
SAND at .33
And my followers know that I took100% off on my JOE trade with 35% profit on that trade. Congrats to all who followed me in that trade!
My remaining trades are APE, just because I never sold when I was actually in profit and thus I am waiting for either the original target or SL to be triggered.
I am also in COMP with a SL of $30
This is not financial advice. Just showing you all what I am doing here.
Now, as far as TA goes on BTC, you will notice we are back down to my original Inverse H&S neckline at 25,200. If this breaks, we have support just below that from Dec. '21. However, breaking both of those would be trouble and I would then anticipate our March 23 BTC CME futures gap to be filled at around 20k
Stay tuned and I will try to put out a video update on Monday.
Best,
Stew
Bitcoin Big Drop SOON Hello Guys bitcoin trying to break 25000 Zone ,so if that happened
so we are going to break down farther
Next buying point after break out is 18500
If price fail to break 25000 zone , so we expect to break higher prices
Cheers🥂
Be careful
More than 90% of people lose there money in this market