Btc-short
One last pullback before the MASSIVE #Bitcoin | $BTC Breakout!?!One last pullback before the MASSIVE #Bitcoin | $BTC Breakout!?!
We think so. Elliott wave and fibonacci usually don't lie, so we hope
that you've opened a HUGE SHORT position at these overbought price
levels. As always, use STOP-LOSS or STOP-LIMIT orders to protect
gains, as well as limit potential losses on your trades!
The Last month of Bearish CircleMarch is the last month of downtrend i perhaps. Short term is bearish. April in a green zone
Decisive moment for BTC After this small run from BTC up to 3950 we hit a major resistance level. Also, we are very high on the RSI which might indicate BTC will go on its way down again. However, if BTC manages to close above the yellow resistance line on the weekly chart, we will most likely retest this yellow line to see if it holds as support. If so, this might be the end of the BTC bear market and a great opportunity to invest.
Short BTC - Against the Market SentimentAgainst the Market Sentiment.
You're bullish? Show me why :)
XBT BTC More Drop incoming!!!continuing on my prior published idea the same way our bear-flag continues to form.
Short Entry 3350+ (stagger short limit orders -x5- from 3350-3550 to catch a possible small leg up before decent to 3200 or below)
Leverage : 5x 10x (SL at 3600)
T1: 3250
T2: 3150
SL: 3700
BTC Bearish Short term, Bullish Long termBTC may test sub 3K level before continuing further up.
A final SHAKE OUT would not be surprising
3 Dives Top + Head & Shoulders on 1H - Dangerous Grounds 3 Dives Top + Head & Shoulders on 1H - Dangerous Grounds
~ 1 day until February Month
- 3 Days until end of Week
- 3 Dives Top + Head & Shoulders on 1H Time Frame
Technically is perfectly to dump and position yourself right here.
First short target reached. Second target - (3350 - 3480) on BTCAfter completing Wave B of ABC corrective formation, we've had a massive impulse downwards, indicating a beginning of a strong C wave, confirming our bearish bias.
We've been able to hit the first short target on 3630 - 3700 level and now we'll be looking on entering another short position on pullback with a solid R:R setup.
Check out the linked idea for more explanation about current wave formation and as always,
thanks for checking out this idea, comments and likes are greatly appreciated.
SHORT BTC! I wish my system is wrong now, but...I have a systematic signal to go Short on BTC.
I beleive in BTC but I beleive my system more, so I will go along with it
eURGBP double top completionEurGBP has made a nice double top and is currently catching some buyers at the base. Im expecting this pair to breakthrough the neckline, retest the new ceiling and then drop to lows near .84 to complete the pattern. The real watch will be to see whether it will consolidate around its current levels, or immediately make the breakdown because of the strong bears.
Great set-up for a short-term TRX shortTargeting 0.618 which coincides with uptrend diagonal support
BTC short, short terminability to break above the lower quarter of the range and resistance line despite the bullish SFP is bearish.
entry 3540
stop loss 3560
targets 3500, 3450, 3410, 3360
Down, Down and Down...I was looking back at the chart for the past couple of days and I noted the similarity between the current chart pattern now and then.
There was a small period of small movement before a drop.
If the chart follows what happens in Nov 18, we could see a similar trend and BTC making a new low in recent years.
However, please note that it was previously at the 6000 levels and now this is the 3600 levels.
Although it is probable, there is a chance that the market will move the other direction as well as it is a new low.
*This post is meant to be informative. I am just giving back to the cryptocurrencies community like what other people does. I do not have a crystal ball to look into the future. It is just information that I am sharing, and not meant to be professional advice to ask you to buy or sell.
Discount Pricing as Expected!!!BTC could be in the process of moving down to test the high made in late 2013. Multiple indicators point toward $1175. However, we will most likely bounce from 3K before the possible continuation down. Best of luck!!!
