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Btc-short

BTCUSD BEARISH BUTTERFLY Short Opportunity Targets BITTREX:BTCUSD There is a potential short opportunity for BTCUSD, we can see that there is a `Bearish Butterfly` forming. The first target of 35.5 K is inline with 0.618 level of the larger leg up. Breaking that will start a further downfall towards previous lows or even lower. The bearish butterfly marks the test of the upper trendline for the descending broadening wedge. If BTCUSD reverses from around 31k it would have another go at the falling trendline before retesting the lower trendline and perhaps break it this time. However even after that it is likely for BTCUSD to retest the upper trend line and form an elongated accumulation area along 38 to 32k before going on its next run.
BITTREX:BTCUSDShort
by KaynakiKaymaki
BTC STRONG 4H REZIST TRENDLINEHello guys! This has been a crazy week for all competitors in the crypto market. It looks like that we try to break now our major 4H trendline rezistence. Price is being compressed against the trend and I´m gonna take an agressive short position. I would be very careful now to take a long positions because we can easily fall again to 33-34k area. - Short entry - (38 350 - 38 490) - STOPLOSS bottom candle close on 1H tmfr above green trendline - (38500 - 38 650) Have a successful trading day !
Short
by VIPCRYPTOTRADING
FTM Short after it's next rallyFTM is a fantastic project and I made a mistake not holding this short and entering long on TOMB Finance. It will bounce as BTC will over the next week or 2 and most likely regain over the 2.1-2.2 area, here I will be exiting positions with whatever cash is left and entering short for the weeks afterwards. I will accumulate more FTM on the way down but it is never good to catch a falling knife. This chart looks to be a few weeks behind BTC's, which means it could fall 50% from here still.
FShort
by cheliosTD
3
Bitcoin is going down, as predicted back in December 17thBTC/USD: Follow up So it took a bit longer than we thought but (unfortunately) we were tight. Bitcoin dropped to the first support, closed the 4H candle there and immediately dropped to the second support line and bounced a bit. What now? Bitcoin will once again try to fall below $42,200 during the next 24 hours. In case it will, we will likely see a fast drop to $ 40,000, hopefully it will be the lowest rate in the near future. Follow the buying and selling pressure with the volume indicator, it'll give you a great indication about the possible upcoming movement.
BITSTAMP:BTCUSDShort
by JohnGoldman1