Btc-short
BTC UpdateHey Everyone , Many of you thought we`ve broken the triangle , and now its time for the bull run to begin.
In my opinion that`s incorrect .
For the Following reasons:
If we look at the chart above , we can clearly see a strong trend line that doesn`t let us to go up.
In my opinion that fast and strong break out of the resistance we had , was just a simple hand shake , Now once we got all our shorters out , we can see a fast reaction of selling. If you check the volume in the daily period and 13h we can clearly see the red volume ( short volume) Is bigger .
Which shows me we that the bears might be planning something.
Also on top of that , that fast run , was something small fishes made. Which means , the whales aren`t buying atm.
They are selling.
Simply selling :) .
That tells me alot.
We might get another pump to that very same trend line I marked.
After that, I truly believe we`ll see 42k .
Thanks , Alon
Bitcoin Not as Bullish as you think I've been looking at several patterns this one is the most probable and pragmatic. I think tomorrow during the New York session the possibility of this pattern will become more apparent.
There's a good chance bitcoin will retest 48K...
Bitcoin just needs time, it has done a 10 X over the last year and a half certainly it's rational that profits will continue to be taken..
Bitcoin's Crossroad - FOMC March 2022I believe this is the only way to view what may happen in the near term future with BTC price speculation.
I know twitter is full of perma-bulls saying that 32/33k will never be seen again, they could be correct, but regardless their bias shows because they are making their decision too early...
Perma Bears said we were going to 18-14k even 11k last week on Russia Fears, and the War is turning out to be worse than expected, while the market as well as BTC has shown resiliency in the face of the worst potential conflict in the modern era... Super Power Conflict... even with Gold Spiking... BTC pumps??? (STRANGE)
We will know soon what is going to happen, but anyone calling it today is at best, an over-eager trader. This point today, makes a great short opportunity... March 15th, we will see what happens...
Buy the Rumor, Sell the News? - Goodluck!
(Near Term Short, (1-3 Days out) - 35-37k retest possible... we are at major macro resistance here...
BTC/USD - Failed Recovery?- Forecasting more pain for BTC -Expecting further retrace.
30K entry target remains in play.
Shouldn't matter whether we see red or green by days end, both options should find their way to the same place by EOM.
Caution advised on all positions.
Personally I believe we need to dip further before we can effectively bounce back.
Small upshot- (if at all) over next 48hrs should be rejected.
* A break back above the recovery line could indicate a change in momentum however this seems highly unlikely - (be watching for it regardless)
As always, not financial advice,
Just my thoughts and TA.
Thoughts and feedback welcomed.
Bingaz.
Bitcoin Short position at 41500?The price of Bitcoin is compressing and could move towards 41500$ if the downward trendline is broken. If this movement is slow and in pullback style, in the range of 41500$, we will wait for the return candlestick pattern for the short position to target of 39000$ and 36500$
whats your idea?
BTCUSD - Global Economic CollapseThe Great Reset Is coming swiftly manage your risk accordingly by exiting every market.
People have been disillusioned that in the event of a black swan BTC will not follow traditional markets yet looking back at March 2020 you will see.
BITSTAMP:BTCUSD
COINBASE:BTCUSD
BYBIT:BTCUSD
BITFINEX:BTCUSD
BINANCE:BTCUSD
BINANCE:BTCUSD
INDEX:BTCUSD
BINANCEUS:BTCUSD
PHEMEX:BTCUSD
FTX:BTCUSD
GEMINI:BTCUSD
BITBAY:BTCUSD
OANDA:BTCUSD
BITTREX:BTCUSD
CURRENCYCOM:BTCUSD
CAPITALCOM:BTCUSD
FX:BTCUSD
FOREXCOM:BTCUSD
BITCOKE:BTCUSD
CEXIO:BTCUSD
TRADESTATION:BTCUSD
OKCOIN:BTCUSD
GLOBALPRIME:BTCUSD
EXMO:BTCUSD
TIMEX:BTCUSD
BITFINEX:BTCUSDLONGS
BYBIT:BTCUSDT
OKEX:BTCUSD3M
BITGET:BTCUSDPERP
OKEX:BTCUSD1W
TRADESTATION:BTCUSDC
BINANCE:BTCUSDT_PREMIUM
BITBAY:BTCUSDT
BYBIT:BTCUSD0924
KUCOIN:BTCUSDT
OANDA:SPX500USD
FOREXCOM:SPXUSD
AMEX:SPY
SP:SPX
TVC:SPX
ETH STILL BEARISH?ETH on the weekly chart is showing some signs of weakness. The trend is still broken and a good amount of selling happened when it popped back above resistance.
IF the trend continues I still see 1700-1900
Let me know what you guys think and visit my profile for more trading ideas!