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Btc-short

BTC stuck in a range, hl short LIVE trade set upDisclaimer: This is not financial advice High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and wait for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade! Ok guys BTC is approaching the resistance of a range, SHORT 440 Entry: 390-440 SL: 440 TP1: 10k TP2: 9.8
BITFINEX:BTCUSDShort
by zerobounds
Repeat of (March 2020) possible ~ $6000 to downside (yearly top)-Yurlo Please hit that like button for creating this interesting fractal from March 2020 👍 Here's an interesting fractal from March 2020 I've decided to make a whole ass technical analysis for just because i'm currently bearish for $BTC (which could be wrong) however, I still believe that the current local top $10700 USD ~ will not be surpassed before seeing at least $9600 USD. If this fractal did play out (which is impossible) ~ went from $6100 - $4000. If bitcoin follows this fractal, it would take us from $9950 to $7850. (in comparison to march to now - the top would be like 12.5k) (we're here) In comparison of March 2020 to September 2020 ~ see circles area with sideways activity (which is the current fractal we're seeing now - possibly) It was 21 days from the "top" like 12.5k, before it fell off a cliff. ~ (stage 1) Followed by a $1800 USD move to the downside. ~ (stage 2) ~ if we don't wick after the $9600 cme gap this is the likely situation to occur. (from the low point - which would be 4k in March, which we should see around 6k) ~ (stage 3) ~ if we wick this far ~ could bonce off weekly moving average which is around $7800. PLEASE NOTE: this is not financial advise, this is simply a fractal I've put together that I've enjoyed making & wanted to share with my followers.
COINBASE:BTCUSDShort
by Yurlo
9
Going down to 9k? In short, if (price) drops to 9k then moon. If we don't break the purple rectangle residence area of [10.4,10.6| with good volume we might go all the way down to the green logarithmic support line of 9k. Let me break down why I believe this could happen. This purple rectangle has been acting as resistance for a while now, and recently, we have been rejected by this rectangle area two times already which is bad, bigtime. Now let's say we failed to break this residence and we head towards the downside, now the only thing left to do will be to find the landing zone, the good old 9.1k will do it just fine. 9.1k lines perfectly with the green line and the significance of this will be that the support is strong and once we landed safely in this support line maybe, just MAYBE this will be the last time we will ever see bitcoin at 9k.
BITSTAMP:BTCUSDShort
by Corona-do
Is It *Finally* Time to Short BTC?A downward channel appears to have formed on the daily chart. Whereas $10,000 to $10,500 was the previous and impregnable resistance, bulls seem to have backed off. $9500 is the new $10k, and price seems to have tarried in the $9150 to $9400 range, which previously looked like a neutral zone between bears and bulls. At the moment, we are rejecting off that $9150 on the daily. There is much resistance below $9k, and price could well go sideways for a while, BUT July has not been a good month for BTC in the past, and the drive past $10k seems to have petered out. A short position bought into between $9150 and $9500 may pay off in the near term. Targets start at $8800, then $8500. If $8500 breaks, possible stops at $8200 and $7700 would follow. If $7700 breaks, we might be in for a monster crash. Will update as and if we approach that level. The white ellipse corresponds to the first three days of July, and at the time of posting, look interesting as a potential break point for BTC below $8700. Let me know if you are following along and how your trade goes.
BITFINEX:BTCUSDShort
by DoctorWhat