BTC Bearish Trend to Lower Resistance, retest >$27kA downwards trend until Wednesday 26th April before another big sell off to test the lower resistance.
A lot of institutional money being moved about, be careful.
Btc-short
BTC SHORTIf BTC goes down for 66% fixation other alt coins goes for 100% fixation by the way if BTC goes for the target 30000 surely it will pass it maybe for the next week or till middle of next month. good luck
wish u all the best and money
Bitcoin closed under 200 weekly SMA SHORT!Never happened before.
A good planned short position should earn you some money.
Don't loose your head but expect further downside.Focus on the higher time frames, they show the clearer picture, the lower time frames will trip you up. We are going down further and the market is searching to make a higher low in relation to the long term uptrend we are in. We will not go down in a straight line and there will be plenty of opportunity. Don't loose your head, focus on structure of the market and don't act in fear.
Good luck trading.
Strictly opinion and not financial advice.
Possible BTC pullback or long consolidation.Possible pullback or a long period of consolidation will occur in the coming weeks. If BTC breaks previous high, pattern will be invalidate.
2 Options from my point of view (PA+RSI)Hello people!
This is not the financial advice nor any expert view as most of You is more experienced and educated than ME so bear that in mind! Thanks.
As I see it we have two options after what last dip hasnt seen some bigger volume to push the price higher and turn the sentiment into more bullish thing (Yellow circle 1, denied path of green trend).
O1 - We will move sideways for sometime until some huge investment takes place. Then we will start our next rocket flight.
O2 - One more sell off to the 43k support with a medium fast dip creating the local bottom followed by huge rise (Yellow circle 2, quick price action with purple line, bull continues).
As for RSI there is still some space to drop on weekly chart to the long term supports. (Cant post the pictures cuz of low reputation :( ... oh well)
Lets see what Bitcoin does next. Be aware of big players moving the price in high pace and with big differences.
Be happy with your trades and stay safe.
Cheers!
BTC SHORT INTO LONG-EWI will be taking a short off of the 0.786 retracement/weekly levels based on a confluence of two Elliot wave counts-on being a c wave of a correction of the impulse down and the other being the end of wave 3 of the impulse up. Therefore profit taking 1 will be quite quick at the 0.382 and I will be waiting to see the reaction at these levels to decide whether or not to enter a long position on a different account. If we fall through this support them my target will be the monthly level and I will take a long off of that level. If we bounce off of the 0.382 (PT1) I will enter a long for the 5th wave of impulse and then enter a short, and then enter a long as this will be part of a bigger impulse move
RED DOT CONFIMED ON THE MONTHLY CHART BTCAny trigger waves bearly happened on the monthly, but when it does it is rather significant. The chart is also lining up with my Elliot wave analysis and the fib retracement, just a waning to see. just look at the previous red trigger waves that were at the top. be very weary
BTC simple ideaWhat do you think about this scenario? I´m not a bear but something like this is certainly possible. Hope things will get green soon. GL everyone
Correction to Weekly 21 MA - Short SetupFollowing the interim trend and momentum to downside.
Average into short position between 50700-53000. Stop out ~55500. Close position under 43000.
BTC/USDT ideaAfter such a great bull run on the daily, it looks to be cooling off. Looking for a bounce around 50k mark but if that doesn't hold we could go lower 40k or less. has been some fun trades around on the 5/15min TF with profit of 5-10% then it gets rekt ha ha good luck trading
RSI has turned divergent
finally closed below the 50 EMA
keeping an eye out for a small bounce around 50k due to the whole number and its close to the 100 EMA cheers
Ascending wedge Look the pullback on his ascending wedge And maybe, if break the support, we will have the double top..
And it's will be good to retest the old ath and take off new ath.
Expecting small drop on BTCusdtHello, as you can see in the chart.. some lines match up with this idea. Also this would line up with the earlier drop.. making a black line retest + a Bart pattern.. which we saw earlier too. I dive a little bit deeper into this on my page.
