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Btc-short

BTC/USDT (4H) Binance - Watch those supports :) Hi traders, Probably many of you short BTC or at least wait for better buy price. Right now we need to consider 2 options: 1) Entire move from 6400-10500 were 1-5 impulse wave (or (1) of higher cycle). And we are doing correction - right now ((c)) reached 1.618 extension. Worst case scenario will be c =2.618 extension == 7600 USDT is axactly connection 2018-2019 bottoms. 2) Entire move from 6400-10500 was A-B-C Correction and we can go much deeper than 6400 USDT. (Fingers crossed :D, so we can short and buy much cheaper for long term). - I like this option bit more because of the panic (Coronavirus) on stock / comodity markets. Share your ideas, trade safe and dont take everything too serious (Its just Flu with different name). Salut
Short
by Longevity_Contrarian
We are close to the big dump?The market acting like it was in 2018. Right now we have rising wedge from approx 6500 to 10000. I think the situation isnt so clear as we think. The best answer in what time in cycle we are will be test of 10k. After ritching 10k and stay above this level for some time will be the best answer. The biggest problem is the reapiting pattern form the 2018. My suggenstion right now is i have to close my longs before we are hiting 10k. Because the situation is not so clear. SORRY FOR MY ENGLISH
BITSTAMP:BTCUSD
by JohnBat
29
#BTC weekly Plan B - #2020 is DO OR DIE year for #BitcoinI published this idea last week & my whole idea was we should see at least 10761 - however, after that BEARISH weekly close, we just had, my priority shifted to short & trying to get the best entry possible, I apologize I haven't been able to publish this idea sooner but I did share my trade setups on Telegram. if you are still not in any position I expect a retest of 99xx levels which can give you a safe entry to ride this move, I am looking at few patterns forming but we need more time to confirm! Overall at the current levels, priority should be shorts 1 - Bearish BAT - as you can see on chart possible Bearish BAT forming with the targets of 72xx 2 - Bullish Bat forming - My average short entry is 10290 which is close to the top range of the high of this week so far, I am looking to ride it down to at least 9000 levels. 3 - Weekly Triangle - so one of my subscribers showed me this & it's a good take on Triangle expecting a test of the support around 75xx levels, & If it doesn't hold then just RUN!!!! 4 - Weekly Triangle 2 - This is close to our original plan of Inverse Head & Shoulder. to summarize ride the trend until it changes, I am focusing more & more on swing trades as they are far more peaceful, I do use 4hr sometimes however nothing lower than that. as always you can also use Leverage on FTX, bybit or Bitmex to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say #DYOR remember I am not a financial advisor & this are all just my thoughts :) make sure to leave a comment & if you agree then hit that thumbs up Do not forget to check out other ideas & do share it with your friends :)
BITMEX:BTCUSD.PShort
by TradingV2
7