Get started

Btc-short

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
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.
BITSTAMP:BTCUSDShort
by Lennie227