Bitcoin (XBTUSD) short.All description on the chart.
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Thank you.
Btc-short
Ripple (XRPUSDT) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
BTCUSD Scalping ShortI got 70% feel that the price will go down, but I would be surer if I see the next move. I will personally enter the market after the next candle. I will try my best to upset you guys. But Risk Management is Key here. Make sure you got your Risk management under control and be patient.
What are your thoughts by the way? I'm open to your views. :)
BTC Down Looks like BTC/USD will test 1.618 on the smaller fib levels, if that breaks will test 1.618 on the larger fib levels. 15 Min indicators are pushing for downward movement, time for a breather. This could be the beginning of a very large move I am more looking at it going downward as some pretty significant indicators have been triggered from a while ago.
Bitcoin to 3-4kThe weekly chart is about to fall thru the cloud. if it does fall thru and stay below we are easily gonna see 3-4k. Maybe even lower as the market has fucked alot of people who dont know TA. Anyways bitcoin is for sure gonna rebound so buy the dip.
Lmk what you think imma start posting these to just kinda document my trading ideas. Take em as you will and lemme know your thoughts.
618 fib hit. next targetThought I had a BLX chart posted but seems to be gone along with my altcoin btc related targets.
Blue box is next short term target. We may go up and re-test the top of the descending triangle, but looks to be support & MA around 5500 level.
how strong is this 5500? we do not know and will see when we get there.
Long target ~8300
short target ~5500
Not financial advise. DYOR.
BTC heading to break out channelALTs sell off will come soon. BTC is ready to break out channel throught support line. It is great thing cause it will lead to huge panic! Have fun bitcoin maximalists^)^
Time to short BTCSHORT
GOING FOR TAKE BOTTOM, SOON TIME TO BUY
Think will touch bottom at point 7200 usdt , then Growth till ~14K-18K usdt
BTC will hit 5500 in coming daysMy opinion is that btc is not going to touch 10,000 again in the coming days, instead it will slip to 5500 in next coming 30-40 days time period
and i hope that it better buy @ 5500 & safe to sell around 7200
please kindly share your views on this.
Thanks
Hidden bearish divergence + descending triangle Hidden bearish divergence + descending triangle indicates more likely bear movement in my opinion. But react - do not predict !
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Bitcoin 4 hour descending triangle. Target 7850Bitcoin on the 4 hour timeframe is currently postured in a descending triangle. A 4 hour candle close below 8267 and the descending triangle measure move is down to the next liquid zone at 7850.
Currently, price is trading below all major moving averages. Red 10 SMA and yellow 21 EMA sloped down and acting as resistance, adding pressure to the downside.
4 hour stochastic is trending up, but weak and looking for a bearish crossover. Price action has been making lower highs while stochastics have been up, allowing for a bearish reset of the stochastics
4 hour RSI in a descending triangle, below the white RSI EMA. Consolidation on the edge of the RSI bearish control zone, likely to break to the downside. No divergence currently present
If this descending triangle plays out, please note how this will impact the higher timeframes. My higher timeframe analysis is found here:
BTC | INITIATE SHORT ON THE HOURLYInitiating Short.
Reasons:
1.1H 50 & 100 SMA death crossing the 200
2.Lack of a bull case scenario
3.Since June, the last 8 times this has happened has resulted in actual price drops. No fakes.
Will keep you all updated.
POTENTIAL BITCOIN DROP IN LESS THAN 6-18H! 5-8% DROP PREDICTED!PRICE IS CONSOLIDATING VERY SIMILARLY TO PREVIOUS PRICE ACTION - NOTE THE PIVOT POINTS MATCHING UP TO PREVIOUS CONSOLIDATION
FRACTAL FORMATION PREDICTS MOVEMENT TO THE DOWNSIDE WITHIN 6-18H
