Btc-short
Bitcoin loves "Weekly levels" - You need to check this chartPlease show me some love for this chart by liking. It's free and easy so why not? BTCUSD is a short now with very nice risk reward.
- Entry now with a SL above previous wick
- Target: the other weekly level ($7629) where I would be closing this short and entering long
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Use your head =)Sometimes using your head is hard so let I show you how easy can be without indicators :)
Long story short i want to bring your idea about this bullish period
Round I starts form 9430-9340
Round II starts from 9130-9080
Round III starts from 8850-8800
Target price is 8300-8390
**STOP IT IF PRICE BRAKE 9500**
This is not financial advice this is just idea from reality and common sense
Bitcoin is cooked... you can stick a fork in it!Fib circles and retracements are one of the best tools/guides to where the market may head.
You can clearly see that previous action truly respects these lines.
On this chart we see that Bitcoin has failed to pass through the top white line which is a larger fib circle on a number of occasions.
Once it breaks the orange circle that has been supporting it the next step would be the following orange line further down.
I believe we are going a lot further down...probably about 30% up from our previous major low at $3067 so around $4200.
If you're holding BTC or trading long... GET OUT NOW!
This is my first publication... hope you like it and even more importantly take action accordingly.
Any comments and interactions with this my first post would be much appreciated.
ETC/BTC 4H Bearish div. everywhere, ascending wedge, short?Couple of bearish indicators on the ETC/BTC signalling a short-term short?
1. Bearish div with RSI and Stoch RSI
2. RSIs are overbought
3. Ascending wedge
4. Low volume on last candle
I would place a short here with stop loss at above 141k sats.
Last exit would be 110k sats for me.
BTC to hit 10.5k in 2 weeksAs we can see BTC has exited its declining corridor...
My previous chart that I attached is talking about how BTC shall hit 10k Dec/Jan, well it took a bit longer for that
But for now it is pretty clear that BTC is going up for the short run. We can easily make some extra cash by trading on short.
We can see that BTC is being were bullish towards the recent highs, we can see that each new nigh is def bigger than the previous high, that's why I draw a new corridor that indicates new highs are coming.
the question how long this corridor it is gonna last is unclear. I predict that BTC shouldn't hit lower than 7800, but
we are slowly approaching our next halving.
Disclaimer: this is NOT a financial advice.
Check you bias. You're confident no bearish continuationGot to see what both sides of the coin look like.
if this was the correct pattern, we could get 8800-9k or we could fake break up and drop.
We will see soon enough how this plays out.
If this plays out, you better come give me a like for charting the trend you didn't want to.
BTC/USDT (4H) - MID Term Hi Traders,
Today I had to consider quite dificult counts because of overlaping structure (7700-8280). Bigger chance is, its corrective wave. So rightnow we should be at the beginning of wave C.
Bes setup is to wait for confirmation and price drop below 1H 55 EMA (aprox 8K). to open short.
Or wait for Buy signal (RSI convergence) inside of 7700-7600 Area. BUT with stop-loss. Because if we fall below this level. Entire move 6500-8400 was huge ABC correction of downtrend and we will fall deeper. ;)
Be patient and wait for confirmations.
Good luck.
Monero (XMRUSDT) short.All description on the chart.
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