Btc-short
BTC 12K IS COMING BY THE EOY 2022btc has formed a huge descending triangle which isn't good for bitcoin price.
alot of things happened this year. Luna crash Celsius network and then FTX. a bad year for bulls indeed.
the final move is yet to be done. which is scary. a flash crash at this point is inevitable due to fear in the market.
it's going to be very good opportunity to buy bitcoin under 15k.
BTC Short 4 to 14% down move 11 8 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
This analysis is incomplete because it is backed by another setup that is private and not available to the public. Ultimately, the Yellow moving average crossing the upper dotted white fib line on the 3min BTC chart and 3min ETH Chart is the best indicator that BTC is overbought.
ideal entry range was between $20,200 and $20,500. An estimated 4% to 14% downward movement is anticipated from this move.
TP1: 4%
TP2: 7%
TP3: 13%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC warning from last post for bullsAs I explained in my last post earlier today , the internet rate hike may not necesarily ensure a bull trend because as in nature , the laws of moving averages and other indicators must eventually be respected and followed.
The candlestick did Indeed fall bellow a support key level on the 4hr chart following the spike upwards of the bars pump.
I still contend that the price should be expected to reach the MA 200 on the 4 hr prior to heading back up .
BTCUSDT price action idea for sells.BTCUSD is going down right now. It doesn't really show any real signs for a reversal yet.
I know usd might have a chance of being inverted, because of Russia and china's plan to create a new currency. It hasn't happened yet, so until then, I will just continue to trade with the trend.
BTC Short 10 17 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
On the 3 min charts, BTCDown 3 candle confirmation occurred at around $1.144. This implies a current oversold condition for BTCDown. For safekeeping this time around, I waited for a 2-candle confirmation on the 5 minutes chart above the yellow moving average and a 1-3-candle confirmation above the lower white dotted fib line on the 3 min chart. This will be the safest oversold position for BTCDown.
based on this analysis, we should expect around 0.8% to 1.5% downward movement for BTC from this point. if you are really bearish, a 1.75% bearish move is within the realm of possibility between today.
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
REEF / USDT Short SetupReef USDT pair short setup
* Rising wedge
* Imbalance below
* Bearish divergence
* Decrease in bullish momentum
BITCOIN BULL TRAP!Hello!
Looks like bitcoin finally heading up now trading above 20k; ever since i made my last video it does seem that the support levels have gone down so I'm lowering my target to 21,500 for BTC if you want to short that is the area to short. On top of that ; the feds are increasing the rates on Nov 1st so we should see the markets go down toward the end of October.
BTC : 20400 THE LEVEL WILL TAKE BTC TO 24K and NEW UPTRENDIts waiting coming time for the important level of 20400, that can take BTC to 24K level.
20400 is an important level for trend and can change also the new uptrend for long term for BTC.
we are already more then 70% into breakdown of BTC : there will come a time when the first hedge fund/whale entering the trend and the rest will follow.
When we backtest the chart we see same effect, there should be first secure entry, the rest follow.
We will see or this will get confirmed next hours or days.
The level of 20400 is an important level for breakout.
This level is exactly the level of before BULLRUN see the below chart.