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Btc-short

BTC BULL TRAPThe Carnage isn't over yet, its only just begun. BTC is displaying massive HIDDEN BEARISH DIVERGENCE (HBD) Bounced perfectly off a double bottom, and ran straight into the confluence zone (C.Z.) (marked with the 0.382 and 0.618 fib level) pushed through then was swiftly rejected. Price tried the retest, but that was also rejected. From the top of the range ive drawn a box to the C.Z. then coppied it and placed it from the C.Z. down and it gives a predicted price of 2861.4, the HBD is also an indicator that we are going down. In this chart there is a formula for calculating pride predictions with HBD and Ive backtested it with previous price (please not its not precise to the cent and should only be used as an estimate) In this chart there is also 2 x HBD and ive used the formula again Now that youve read it all go back and look at 3121 in the chart at the top, hence the box ;) Time will tell how this plays out!
BITMEX:BTCUSD.PShort
by The_Fib_Kid
BTC/USD indicator say $3000k?As can be seen on Bitcoin's monthly chart, the indicators still need to descend to the bottom, and if you draw a parallel with the beginning of the indicator and its current position, then the indicator still needs to go down by 58%, which in the price range is equal to the price of $ 3000-3100. But we also went above this mark, which could mean either now, or catch the price of $ 5000-3000, but MACD say SHORT! You can find a top inside new at www.dabinside.com this platform the first or at telegram channel: t.me
BITFINEX:BTCUSDShort
by Mrmoney7_7
1
BTC roadmap in December,what you need to knowhi guys. yes, my predictions got wrong, when i thought 6k was the bottom for the up move. many commented me for my wrong decision. yes, i humbly accepted the wrong call. yes i stoplossed too, but i wasn't really depressed though. because this is really the price i was waiting for. it is okay. trading, if i get right all the time i am god. at the same time, trading is about corresponding to market volatility, which, i adjusted to what btc wants to do. nevertheless, market chose to come down, like 2014, where weekly 21/50ema dead crossed. this is mostly what i have warned and prepared too, but seeing the price sticking high at 6k area, many traders, including me, was confused. because, many warned of dropping to this level at September after a 6100 touch. at that time was when btc kept making lower lows. but btc chose to stay above 6100, even there wasn't a really good bull divergence. also, after September when we had price moving up, alt coins breaking above downtrend channels, i got caught in the mood of it, and many renown traders too. many traders saw alt pumping as a 'channel', but actually they were all bearish rising wedges! anyway! i understood what market wants to do now, and i believe after some pump in december, market will come back down. after that, i think it will have hard time bouncing a lot, and it can break 3k, and even below to 2k. however, that should be the end, and after months of consolidation, we will move up next year, after summer i think. so maybe, more bear market for next 8~9 months time. but short term in december, i believe we go up to 5500/5700, even 6k maybe, so we should clean up some mess, and minus's at that point. so market is now so simple because, we only have about weekly 200ma left to defend more decline, which is around 3100. i think 200ma can be good support, 3k may even be the bottom for btc, if we go down it can be 1.8k. but, anyways, we are almost at the end of price dropping. btc retraced over 80% from it's peaks, and, even if you are holding minus coins, if you have bought a falling knife, don't feel so depressed, if you have not bought at 9k 10k level in the past. SO, buying over 3k, i think from 3150 range to 3600/3700 is fine. 4hr, and many timelines are making a huge bull div now. daily is even trying to make it. mostly, weekly rsi is amost 30, which, is a support that would bounce hard. 2014 did. i think we should sell until December 22,23rd, before Christmas, after a week of consolidation retrace, btc can go make lower high at early Jan, but fall hard back to 3k support. we should wait around 3weeks then, and buy at late Jan. if we break 6300/6400 level and go up, it can mean something else, but in terms of impulse and divergence, btc should come down to 3k or even below. so realistic sell tp is 5500/5700, in chart, between tp3 and tp4. and, coming week, if price touches 3100/or 3000, prepare stoploss, and under 3000 is stoploss . usually btc price do not touch the moving average, it bounces before touching. so to keep it simple, i think buy this week, sell 3~4 weeks from now. that can be easily put. if, price dips below 3k, i believe that would mean something, that would indicate dip to 1.8k~2k, which is severe, which is even more cruel then 2014. so below 3k is the level you need to be cautious. happy trading!
BITFINEX:BTCUSDLong
by Turningmecard
2
BTC - Reversal Point !Dear Traders, For those who looked at my previous BTC Ta's, you would know I told you about this scenario, that BTC was going to face another drop back to bigger support. Well it's happening right now. Let's get straight into it. BTC's next support areas have been marked on my TA, we have the monthly 55 moving average located around 3881$, and we also have the weekly 200 moving average located around 3134$. The weekly 200ma would be the last big support and i'm pretty certain that would be the lowest point BTC will ever get to. Keep in mind that this price drop is all about big hands selling off to be able to buy back very low. A lot of institutions are waiting to jump in, but they will only do so once the price reached the support levels I just told you about. I can assure you that BTC will create a really strong reversal once price action hits one of these big support areas. Please do check out my first TA's about BTC where I tell you everything about me knowing for a fact that this was to be expected. Do not fair, this is all part of their plan. Keep your eyes on the charts! If you have any questions or any thoughts, feel free send me a PM or to comment on this TA! If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it! Take care!
BITFINEX:BTCUSDShort
by Raw_Blitz
Welcome to short city (BITCOIN $3,000)Hey Traders, We're finally starting to get some movement in the market, and it happens to be down. The anticipation of a bull break was always out of the question and now we are looking for targets to satisfy and end this bear market. 3K seems to be the perfect price, it not only has major fib confluence , but market and price confluence there as well. I wouldn't be adding just yet, even for my proposed 4th upward move. Grab some popcorn adnd sit back and watch. Happy trading (updates to come)
BITSTAMP:BTCUSDShort
by toaby
10
One more sell wave coming, here's whyWell everyone who is going long now, needs to learn how a bottom and reversal looks. A drop like this, without ANY kind of bounce, is indeed very very weak. What is more, the longs are still much higher than the short, meaning that too many people think this is the bottom, they want to long prematurely, and BTC wants to naturally destroy as many people as it can XD No, but really, 4h stoch RSI overbought, high longs, and no bounce. Looking as if BTC would like to finally see the high 4 thousands again. I think it will do so the latest in 1-3 days, maybe even today in the evening. The support area dates back to a peak from 2017, which topped at shortly below 5000. This is the area to watch.
BITFINEX:BTCUSDShort
by SebastianofMoon
7