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Bitcointrading

Bitcoin and next short liquidationsBINANCE:BTCUSDT Bitcoin already liquidated 2.6B long positions now we got 35% opened short positions on 1D so its a perfect time liquidate short positions and make a last pump to 63-72K and over this cycle. We bounced at 42K and now trade in local fib with 3 times touches resistant line on fib, so next one touch possible will be break out with pump to 0.5 lvl and retest this line like support and continuation move up. 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. Don't forget sub and join my channels under this idea!
by Crypto4light
Bitcoin worst Over?Hello everyone. First of all, I want to thank you for bearing with me during the unexpected. Although this last flash was a bloodbath that led to 3billion in realised losses in the market, there is a lesson to be learned...Why not treasure it? You probably paid for it during this crash if you were in the market. 1 - As traders and investors, we get drawn in emotion...when you feel your judgment is clouded and you aren't sure anymore of what may happen next. Take a walk and a few days off on the sidelines...there are always new trades to be made in the market. 2 - Accept to be wrong. There is nothing more painful for a human being than admitting to others and especially ourselves, that we were wrong. Why is that so important? Because if you trade with the constant memory that you may be wrong you will have strategies to cut your losses and preserve your capital. One bad trade can wipe out months of hard work and good trades...cut your losses aggressively. 3 - remember yourself if you are a short-term or long-term trader. Each should play with different rules in mind and different timeframes. Short term trader would have cut the trade at 55k and exited as the i HnS failed. A long term investor is probably still in and not even looking at the chart. The macrostructure is still intact. 4 - always place stop losses and stick to them. 5 - Do not marry to your trades...I am guilty of this in this flash crash...I married to the bullish bias of the HnS, and I wouldn't accept the reality and warning signs as I was focusing on just one side. After saying this... I was wrong. It was a wild ride since June with a series of good predictions and trades...This has clouded my judgement and given me the arrogance to believe I couldn't be wrong. Well foolish me. Now with the present sight...the signs were there. Double top on resistance at ATH. BTC broke the 58k support and price pattern neckline. BTC re-attempt reclaiming 58, failing multiple times with upper long wick candles. The double top price target was 46500, where the daily candle closed. I am now looking at the daily frame. BTC is walking its way up to 58k. 58 k will be a crucial area that BTC needs to reclaim and consolidate above to continue the uptrend. If BTC is rejected there with strong candles and pattern signs, it may mean the start of an intermediate bear trend that may extend down to 20k. However, I am still bullish until proven otherwise. BTC had a similar significant break or make point at 47k in October. I see BTC moving its way to 58k. I placed some stop-loss short term at 45k. I would also like to point out that the RR (1.27) on the daily frame is not great. So the best move is to wait for BTC to build up momentum and break the 58k unless you are a long term investor. FOLLOW ME, SHARE, LIKE AND COMMENT
Long
by CFcryptoTA
4
BTC Bitcoin: How Easy Is $100K?Hello friends, today you can review the technical analysis on the 4H (hourly) linear scale chart for Bitcoin ( BTCUSD ), a cryptocurrency. #CryptoPickk noted in the chart: 1) One of the top questions is when can we get to $100K for Bitcoin? 2) The price recently fell due to a crypto market crash but has rebounded. 3) A key area of resistance is around the $53.7K-$54K. Price NEEDS to hold above this price range to move ahead. 4) A Fibonacci Extension from the recent high point to low point is shown with the extensions going to 3.618 Fib level, which is right at the $100K area. 5) The Volume is still low and it is necessary to increase to help the price to $100K. 6) Ichimoku Cloud in red hovering above the price. This is very important to move above the Cloud as the Cloud will serve as resistance. 7) The Volume Profile (VPVR) shows where the buy/sell trades are sitting and there is significantly volume in the $56K-58K region. The price needs to overtake this region, then there is potential to see a faster move up. 8) The RSI (relative strength index) has two resistance lines which are shown in the chart. The first resistance line may help the price get above a certain point and the second one may help it reach the $100K. RSI levels in the 80s to 90s has been seen with BTC. 9) It's not an easy journey for the Bitcoin price to reach $100K, but it is surely possible with these factors noted above as well as many other economical and market structure factors. 10) I am not sharing hopium, but rather a chance to see what it will take for BTC price to get to $100K. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITFINEX:BTCUSD
by MillionaireEconomics
18
The next move of bitcoin ... Most likely ...Bitcoin has almost lost most of its support in the recent downturn (25, 50, and 200-day moving averages) And now he seems to be standing in the air. But an old trend line with good support at 46,000 has kept him. The trend line connects the previous April ceiling to the September 07 ceiling. Now we have to see what happens ... If good fundamentals and whales help, the composition of the chart can be seen in the figure above. In my opinion, this strong trend line will prevent further decline and will throw it up. Of course, we must remember that the next move of Bitcoin upwards is a mountain of obstacles and resistance, and generally a rocky path... Another scenario in the time frame of the clock that you can see in the next post.
by Farid-110
2
Bitcoin recovery or doomed?In this video, I am diving into a long term analysis, and I explore the different possible scenarios to help you better understand the market structure. Bitcoin may seem very bearish, but...is it? I am thrilled to know your opinions. Comment below with your chart or explanation, and tell me what you think. The exchange of constructive ideas can only enrich our knowledge and see essential things from different angles. FOLLOW ME, SHARE, LIKE AND COMMENT
BITSTAMP:BTCUSDLong
by CFcryptoTA
Let's flip a Bitcoin: Season Premier After this weekends unprecedented actions following my previous analysis: (Linked below) , I had to provide you all with an update reflective of my latest observations. All hats are off. Lets take it to another level. I'm targeting 25K Price Per Bitcoin. The supportive floor was breached and even though we aggressively rejected, we're still consolidating in essentially an air pocket, There's nothing supporting price here and I don't see why we won't retest the 40K level and or extend further into the 30 and 20K region. The current printed channel if we cannot maintain higher price levels where be where we will go.
BShort
by Xploitify
2
BITCOIN PENDING LONGS 💰💰💰From a HTF premise for me BTC is still bullish we are makin higher highs and higher lows on a weekly timeframe, and right now price fullfilled all the imbalances on te buy side and should go to close the bearish one. What puts me in favour for longs more than shorts is that we have a weekly orderblock in 44-43k area that should act like a valuable area of ,, support ,, if you will. Only a close above 40k will make me rethink my view on BTC THE KING. What do you think ? Commente below..
BITSTAMP:BTCUSD
by AnonimFXRO
2
BTC healthy correction?Hello guys, Let's look at the longterm view. Here I use a combination of indicators to assess possible reversals. I use the KST which is a combination of 4 ROC (rate of change), 2 short term, one intermediate and one longterm. Also in combination with other two ROC, one short term and one Intermediate. Lastly i use a 20MA and 10MA. As you can see it has been very precise at spotting tops.So when we have a bearish cross of price on 10MA, A bearish cross in the KST and a break below the 0 level in the ROCs that is a strong signal a bear market (intermediate and long term) started. So right now BTC has broke down the 10 MA and the two rocs have crossed the 0. However the KST is still in an uptrend and the 20 MA has not been completely violated. So if you ask me, as per now I do not think we are starting a bear market, this was a strong shakeout driven from different macro reasons. Saying that I am really cautions and I will heavily preserve my capital. So I want to see BTC to resume the trend with strength by breaking strongly above 53k and 59k.
BITSTAMP:BTCUSD
by CFcryptoTA
2
Bitcoin- Down again?After breaking under the much-discussed support from 50-52k zone, Bitcoin fell aggressively and made a low above 41k. A rebound was normal after such a drop and now the price is hovering under 50k, digesting losses. In my opinion, we will have a new drop from BTC in the coming days and this rebound can be considered a good opportunity to open short trades. 50-52k zone is now resistance and only a clear break above would lift some of the pressure from the sell-side
COINBASE:BTCUSDShort
by Mihai_Iacob
19
Bitcoin - a flight to the moon is canceled!I am updating my BTC analysis on 1D. My review has the following add ons: What are the basis for going SHORT on the chart? 1. An acsending wedge has been formed. It's in green colour. It is feasible for the price to touch the top line of the wedge around 64500-64700 USD, and then move down into the purple triangle. This is one of the scenarios for price action. 2. The second scenario involves the price moving inside a formed descending purple triangle. Thereafter, a price can be expected to break the bottom support line of this triangle: and go down to 38.2%, followed by correction and further fall 50% on Fib (A-B-C pattern); or fall directly to 50-55% on Fib to liquidity support level. How are indicators supporting this? 1. RSI support level has been smashed on 22 October. MACD wave is moving towards zero level. RSI and MACD divergence in relation to the orice action is very clear on 4H. The divergence has started on  7 October and is actively present up to this day. 2. Market volatility is falling. On 28 October RVI dropped below 50 - it's the first signal to sell. The second one will be at level 40. 3. Vertical volume is falling still while the price is moving up. Even though the price action slowed down, it is still at the top and showing divergence. A good strong signal to go SHORT would be a high volume bar indicating a sale - that would be the bar in red colour. It's best to look out for it on 4H, otherwise you may miss a good slice of profit if you concentrate on 1D only. What are the fundamental basis? On Wednesday, FED stated that they will reduce bond purchasing by 10-15 billion a month. Less credit volume means lower liquidity. When liquidity is reduced, the price goes down. However, how is this relevant to bitcoin? Well, according to research company Datatrek, in 2021 the correlation between bitcoin and S&P500 is 79% on 1-10 D timeframe. Bond market has a direct effect on equity market.  When the equity market falls, speculators reduce their positions starting with higher risk assets, one of which is bitcoin. Why is the light to the moon of 100,000 USD is unlikely to happen now? This is because a couple of trillion dollars would have to be pumped into bitcoin to move its price to the top. There is simply not enough liquidity to make this happen at 60000-67000 USD level.
Short
by WallStreetFox
6
BTC dumpHello everyone...dark day for the crypto market. The analysis of today will go through a couple of scenarios and my plan depending on the following BTC price action. I believe this is one of the best videos I have ever made. Hence I suggest you watch it. I hope this will help you have a better idea of what is going on and have a better plan! Remember, these are my ideas...any of my posts are explaining my few, and you should always do your own research as I do not dispatch financial advice...ever.
by CFcryptoTA
1
Bitcoin- The H&S will not pay off ( Just my opinion:) )The more I look at Bitcoin's price action, the more bearish I become. If I've learnt something trading for 20y is that things like "look, here is support, I will stay here all week for all to see, buy and MAKE MONEY" are in 99% of the cases traps. Besides, I saw a lot of analyzes arguing an H&S, for us to speak of an H&S the price needs first to pass 60k. Technically speaking we are in a range and the pressure is on the downside and, as I've mentioned before, a break under support is bearish. Also, if we have this break, I don't think BTC will stop its descent at 53, again, it will be too obvious and considering that such a break would confirm a more than 2 weeks distribution, the drop should be aggressive. I will stay with my short trades for the time being and only BtcUsd above 60k would make me rethink.
BITSTAMP:BTCUSDShort
by Mihai_Iacob
94
BTC updateHello everyone, I know you are all impatient as me...Lately, BTC has been boring. As you can appreciate, we have now fully broken out the descending wedge, and BTC has been retesting the previous resistance at 55. It may still be testing it for the next day or so as the S&P 500 is also consolidating around the current area at 4550 after all this Omicron nonsense. BTC, in the meantime, has created minor wave one, which was the initial bounce. It is undergoing a flat correction which is presented as a side wave movement, and it is creating the right shoulder, as I explained in the previous post. I suspect there may be another test of the daily diagonal support at 55k during this evening to then free up during tomorrow and reattempt the breakout of the HnS at 59k. Once this resistance area is cleared, BTC will be free to move to 64k, where it will find resistance, creating a minor pullback. The last target will be at 68 with the third attempt to the ATH resistance, which will create a significant pullback to the 60k level turned support. I expect to see the formation of a significant Inverse head n shoulder as a continuation pattern to give BTC the kick to reach 90k.
Long
by CFcryptoTA
5
BTC breakoutBTC has finally broken out the descending wedge. I told you this was the bottom. I know I previously called 55500 as bottom, and I still think it was if the COVID fud wouldn't have hit the news. Nevertheless, catching the bottom with a 2- 3% margin error is still minuscular considering the possible move ahead. Now going for degrees... Stop loss is below 53K, even more, conservative below the 50K level depending on your strategy and risk management plan. The first target (short term) is 66500, which I believe will come by the end of the week. The second target will be at 70k before a minor pullback occurs before the real breakout, which will bring us to 89k. The analysis here presented show a clear break out of the descending wedge, with a bullish crossover of the 12MA (short term momentum) on the 50MA (medium-term momentum) (always bear in mind the timeframe here). It is also now approaching the neckline of the iHnS, which has provided resistance at 59. Once this is cleared, then BTC will reach 66500. Nevertheless, BTC has just finished the minuette wave 1 with the ultimate target of the cycle (minuette) at 70k. That suggests that there will be a retracement there which will bear great opportunity before to take off to start completing wave 3 of the intermediate cycle, which has the target set at 124k (few pullbacks on the way, so you don't get scared on the path to there). I drew in the chart the two possible scenarios. -1 = BTC smash completely through the resistance by tomorrow. -2 = Minor pullback to retest the support and complete a full-formed right shoulder to then take off. Volume is also starting to expand, which is a good sign. If the second scenario happens, we will have a great opportunity to load our bags one last time at 55500 - 56k before the major run. Get ready mooners! FOLLOW ME, SHARE, LIKE AND COMMENT.
Long
by CFcryptoTA
1