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Btcdown

BITCOIN ( Rising Wedge Pattern )Now that bitcoin has fallen below $30k, this may be a hard reality to accept. but if bitcoin wants to hit $100k, btc must have a strong push or footing below. I see there is a rising wedge patter pattern that occurs in bitcoin. A rising wedge pattern after an uptrend usually leads to reversal ( downtrend) while a rising wedge formed drig a dowtrend typically results i an continuation ( downtend ). as you can see, the price came from a downtrend before consolidating and sketching higher highs and even higher lows. I expect bitcoin to have strong support in the $19k-$21k area. that means bitcoin has experienced nearly -80%-70% since falling from ATH. Exactly the same as bitcoin's fall in 2018. if I suggest, for now, don't ALL this is your money to buy bitcoin or crypto, do a gradual accumulation. If bitcoin breaks the MA200 ($20k-$24k), Bitcoin has the potential to fall to $10k. We recommend investing in BTCDOWN or Accumulating on the spot. Thankyou.
by yogarestu55
1
BTC Down....potential Bart forming on the 1 hour time frame Happy Sunday folks, for those trading today and for the proceeding days I would like to give some targets that should play out in the next week or so...They call me Big Short for a reason lol, initially I can see a Bart Simpson Pattern that looks almost fully formed, I have 6 layers of confluence to the downside on smaller time frames, in addition I have a measured move of 29,180 that should play out by Tuesday in my humble opinion. Last of all I still have a measured move of 24,465 that has yet to play out...happy trading
Short
by Crypto_Cam_1
Pepe coming down, based on 15 min time frame back to 000001503Happy Sunday, I have been in my short since Friday, still convicted this bitch is coming down. In my opinion the move by bitcoin was a total liquidity grab, but what do I know, anyway, I entered the short at 0.0000016303 at 10x leverage my take profit is extremely aggressive but when in doubt zoom out, and the fast move is the false most of the time based upon my experience. Take profit set at 0.000001111. Happy Trading folks !
Short
by Crypto_Cam_1
BTC back down to 23,000 ????? If so next stop 24,800So Initially I went long after my measured moves played out, then upon further review, I decided to jump in the short, why? I have a measured of 23k for btc in addition the speed of the candles tells you what is going to transpire. I they were going to move price back into the zone it would have happened already, in my humble opinon, the fact that price has essentially stalled out should speak volumes to you. Can they price back to the zone of course, however what makes more sense, we are heading into the weekend where we all know the liquidity will be extremely light, plus most of the bigger moves happen over the weekend. Tight stops outside of the zone, patience is critical, happy trading folks
Short
by Crypto_Cam_1
2
Still short on Pepe ..So easy, Next stop 0.00000098Step Curry with the 3 though, your boy is hot as usual, anyways all of the white and yellow likes you see are my measure moves, essentially where the bottom of the trendline is, is where price will drop to next, the longer lines that go off the page are based on longer timeframes, I dont want to tell you where the charts truly suggest its going, it might scare you lol, Anyways, next stop for Pepe is 0.000000988, My take profit because I am a G and because I unequivocally trust my T.A above all else is 0.000000888. Happy trading folks, remember to set those stops outside the zone, if its been wicked to once and can be wicked to twice...
Short
by Crypto_Cam_1
4
BTC 19k at the end of MarchBINANCE:BTCBUSD You can assume this the worst case scenario, but my there is no real obstacles for it to happen. All the geometry analysis leads us to the cross at the end of current downtrend channel, where we finally can get a solid support. Currently we are already in clear final oversold state on 4H stopping us from more movement down for a while, having enough space oh 1D tho. So about a week would be needed to have a relief on 4H RSI and head to further down to our cross with target around 19k, which would be provided with just enough space on 1D RSI for down move. So my bet is side move till mid March, 19k bottom with strong support at the end of March. Sorry, made a charts to show you and tried to insert them to the idea, but it appears that I need a PRO subscription and reputation points to insert any charts, thx Tradingview :( Thanks for reading, have a nice trades!
Short
by Ra5ta
1
BULLRUN WITH BTC?Hello! Bullshort is here! After a strong rally, sellers put strong pressure on the 22-23k level and held the price. Buyers failed to pass asks limits and the price went into lateral consolidation. The zones are all shown, I think there is no need to explain their meaning. It is important to note that the open interest of short positions is very low, which may be a reason for a correction to 21-19.5k. Market capitalization is kept at the level of +-1 trillion. and the market is waiting for something. I am waiting for a correction from the level of 24500-25000, this would be a healthy price adjustment. I do not rule out a fall from the current zones, because. pressure is observed on the 1h graph. It is also important to note that during the growth, a lot of btc was poured into altcoins… SUBSCRIBE TO THE CHANNEL!
Short
by Bull_Short_TG