Never happened before. A good planned short position should earn you some money.
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...
Possible pullback or a long period of consolidation will occur in the coming weeks. If BTC breaks previous high, pattern will be invalidate.
i thik next bearish waves start detemain diffrent senario
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...
I 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...
Bitcoin brobably goes down What's your idea ?
Any 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
Next support cluster is around 51k$
Momentum decreased and there is negative divergence.
Hello i`ved explained every thing in the chart
Bitcoin flag pattern and if it comes out from the bottom. The tp1 43000$ The tp2 47000$
What 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
another example of bearish rsi action, much weak
Following the interim trend and momentum to downside. Average into short position between 50700-53000. Stop out ~55500. Close position under 43000.