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Btc-short

BTC / USDT - 38,000? Is it real now or is it a big correction?Hello dear friends. Is it possible now to see the price of 38,000 per bitcoin on such a market, or still wait for a big correction? Write your opinion in the comments. I have NEW preliminary CME targets for January 2021 have appeared on the market. They look like this: 🤑 Upper limit 38200 - 34400 🤑 Lower limit 26400 - 22600 What does it mean? So this means that with a high degree of probability, by the end of the month, the price will be in one or another range that I gave. - We have very large sales (bright red rectangle) price values: 33750 - 34450 - We have a strong resistance line - level 34150 - We have an ascending triangle + channel in which the price is traded. - We have another meaning - namely, margin trading - bitcoin price movements of 2500 points. - We have a lot of unclosed GEPs (yes, I know that they do not always close) - but before that 92% - everything worked fine. - We have growth without correction - Candle analysis indicates a drop in forces ... and many other factors. How do you know which position to enter? Watch the level 34150 - if the price is above this level, a breakout on the impulse, trades above this range, (1-2-4 hours TF) is definitely a Long position. In the meantime, work from the short position, since, according to my observations, the price will pull to the lower values ​​of the CME. We'll see. Since I suffered a small minus today, I decided to take a break and see how the price would react (I have the most important short position - open from 34450) Therefore, I open another position from 33750 (the range I wrote about) Same as in the comments about the strong level 32500-32700 Everything works fine) The trading idea is below - you can see. Sale from 33750 Target: 33050 - 32580 - 31900 - 31500 Stop Loss 34190 A lot is solved by the yellow rectangle And I immediately warn you - if the price returns to the range of 33750-34000 - I will do the reverse position without hesitation Since there will be a double bottom pattern, and we are able to calculate the size of such patterns)
Short
by UnknownUnicorn13204076
12
BTC The hanging man and the hammer The hanging man and the hammer are both candlestick patterns that indicate trend reversal. The only difference between the two is the nature of the trend in which they appear. If the pattern appears in a chart with an upward trend indicating a bearish reversal, it is called the hanging man. If it appears in a downward trend indicating a bullish reversal, it is a hammer. Apart from this key difference, the patterns and their components are identical.
COINBASE:BTCUSDShort
by latinprofit
2
Open a new short Position (Last Short +860pips)Hello dear friends, I am writing to inform you, that I am planning to open a short position from the current prices. Because we have strong levels, the price is sandwiched between them, and in my opinion, they form a "head and shoulders" pattern We also have a bearish triangle drawn on the chart, and the price is again near the strong level of the market maker. The volume falls - the price rises. Perhaps I am disconcerted, but I again made such a decision for myself! Sell 23400 Targets: 23100 - 22870 -22650-22440 Stop loss: 23950 I also open one large short position - from this price 23380 Sell:23400 Targets 22500-21950-21360-20820 Stop Loss: 23950 I understand that everyone is waiting for the price to return, and that it is impossible to trade against the trend, but I don’t want to open long positions, I just don’t want to, because there are many facts for me about the price decline ...
Short
by UnknownUnicorn13204076
8
2 shorts positions. 2 take in profit. BTC/USDTHello dear traders. Please accept my sincere congratulations on the achievement of 2-3 goals (as with whom, because on different exchanges and 3 take profit has been achieved, namely 23,000) As for my positions, one of them today was closed by hands, with a small loss of 25 points. No, not because it didn’t work, but because I’m tired, and if the first take is not reached in my position, and it is still open without moving the stop loss to breakeven, I try to close it with my hands at the mark that the entry was made ... In order not to lose what you earned. As you know, I have another short position. My tradingwiev idea - you can see it below, in graph 1) ""triangle breakout", I open a short position" It is open at a price of 24,090. Here, 2 targets have also been reached, and the stop loss is at breakeven - 790 pips in our wallet. So far, I have made a decision for myself - not to open a new position, since I will devote the whole day to my analysis of the bitcoin price. But based on what I saw today, I would also start working further from short positions. NO, not because I want to, but because for me this growth is insane. there are 2 strong levels for 2 hours TF. Namely - 24090-24000 and 23300-23100 The price goes beyond these boundaries to give a clear idea of ​​where the price will lead. For me a the meantime, I wait for the price to return to 23000. Trade wisely, set take profit, trade stop loss, respect risk management and money management. You don't have to trade the way you want to, even if you lose. Trade should be your friend, not your enemy. All successful deals, profit and calm trading plus
Short
by UnknownUnicorn13204076
"triangle breakout", I open a short positionHello dear traders. The triangle has broken through! My previous idea - worked so far by 75% = 1240 pips in our wallet since only 3 targets have been achieved you can see this in my previous idea. I open a new position in Long - triangle breakout! BTC / USDT But I plan to close this long. And open a short position from the current price in order to update again 23500. Because the weakness in the market is visible. And the expectation of a breakdown, as well as an impulse, happened. I want to close this position from 24090 with a stop loss at 24300 and for purposes such as: 23800-23300-23000 22750 Following my risk management and money management, I can allocate 4% for this position, no margin trading, only with a certain market.
Short
by UnknownUnicorn13204076
1
BTC retrace I've already explained some key points on the chart. Volume shows top is in. My initial top target was 1.618 BC blue Fibonacci level. I believe we current leg up started in Sep-Oct. This is where I placed my first golden Fibonacci extension. From the breakout to top green Fibonacci 0.5 0.618 levels are ~15k and ~16k points of bounce for B leg. Final C leg down target could be ~13.9k top of 2019, pretty close to 0.618 level red Fibonacci of March to top.
Short
by CryptoSlots777
4