Btceurshort
BTC / EURO Short Position, based on Trendline on 4H and 1HShort opportunity taken on BTC / EUR based on Downtrend Line acting as resistance (lower lows). Idea seemingly confirmed on the LTF. Trendline is far from perfect and R is not optimal, I would not advise taking this trade. This is just a idea traded while playing with a small account with leftover Euros. If 6,552 is taken trend line is invalidated and should act as support moving forwards.
BTCEUR, Mid range short, 2 weeks price prediction (13% earn)The price chart has been showing a very marked downtrend trend for days.
The price chart level fluctuates constantly below the EMA200 chart level.
The most significant signal to confirm or not the reversal of the general trend even in the presence of volume movements. Given the previous history and the cyclical trends before the Halving, it is very likely that the BTC value further falls to lower levels already reached before, before seriously starting to rise again.
MID RANGE SHORT POSITION (OR BTC SALE FOR REPURCHASE)
2 weeks price prediction (13% earn)
In this case, the nearest supports are:
- 7080 EUR
- 6791 EUR
- 6692 EUR
Short Mid Range or immediate sale to:
- 7300/7400 EUR
Then:
- 1. Purchase or Takeprofit (In case of short position via futures): 7092 EUR
- 2. Purchase or Takeprofit (In case of short position via futures): 6791/6629 EUR
#surfthetrend
BTCEUR, Coinbase Pro, Buy/Exit Strategy, 3 Days previsionIn my analysis, the downward trend continues.
The second triangle in yellow is the most recent.
If we are lucky in case of descent from the current value we can choose to enter.
To buy (To enter, wait for the dynamic support to be checked)
- Il valore minimo di rimbalzo (per acquistare) è di 8389 Euro +/-
If we have successfully entered, then we can wait for the verification of dynamic resistance at 8886 euros. +/- Take Profit (+/- 5 or 6%)
- If resistance is exceeded and it becomes new support you can sell or maintain the position for subsequent analysis.
I'm back from my break! Are we starting to surf the trend again?
#surfthetrend #trendsurfer
BTCEUR, Strike next positions for Buy or Sell on CoinbaseThe bearish trend is confirmed and continue.
- Don't buy now.
- The checkpoint to control the trend and open (buy) or close (sell) positions at
- 9.800 Euro
- 8885 Euro
- 7724 Euro
MACD: Instant Time Frame - It is confirming Downtrend
RSI: Time 1D/1H - It is confirming Downtrend
DMI: Time 1D/1H - It is confirming Downtrend
Bollinger Bands - on Low Band
Parabolic Sar - (on Upper Position)
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#enjoybtc
BTCEUR, SHORT POSITION for +15% next 3 Days. COINBASE.BTCEUR, SHORT POSITION for +15% next 3 Days.
Wait for the passage below 8.900 Eur, If the downtrend will be confirmed.
1. Sell from 9.750 Euro.
2. Support at 8195 Euro.
3. Test support (Wait for testing of support)
-> Re-Buy at 8.300 Euro
4. Timing: 3 Days.
BE CAREFUL
-> Around 8,840 Eur - Point of a potential reversal of the trend.
BTC/EUR capped at channel top, dips till 5000 level likelyBTC/EUR rejected at channel top.
The pair has broken below 21-EMA and 5-DMA supports and we see scope for further downside.
Technical indicators on daily charts are bearish. Stochs have rolled over from overbought levels.
RSI shows weakness below 50 levels and is sharply lower. We see -ve DMI dominance which adds to the bearish bias.
Downside targets lower Bollinger Band at 5080. Break below will see next major support at 4940 (trendline).
On the flipside, breakout at 21-EMA and then channel top will negate bearish bias.
Support levels - 5212 (Apr 1 low), 5080 (lower BB), 4970 (June 29 low), 4940 (trendline)
Resistance levels - 5506 (5-DMA), 5558 (21-EMA), 5625 (channel top), 5833 (50-DMA)
Good to go short on upticks, SL: 5510, TP: 5220/ 4970/ 4950
BTC/EUR eyes 5480, stay short on upticksBTC/EUR consolidates break below major trendline support at 5920, bias lower.
The pair has hit fresh 2-month lows at 5635, before paring some losses to currently trade at 5770 levels.
Technical indicators are biased lower. Price action is below major moving averages and major EMAs are biased lower.
Momentum indicators are bearish and -ve DMI dominance adds to bearish bias.
Next bear target lies at 78.6% Fib at 5480. Breach there could see test of 5212.
On the flipside, 21-EMA is immedaite major resistance. Any upside only on break above.
Support levels - 5480 (78.6% Fib), 5212 (Apr 1 low), 5000
Resistance levels - 6083 (61.8% Fib), 6177 (5-DMA), 6438 (21-EMA)
Good to stay short on upticks around 5800/ 5900, SL: 6450, TP: 5480/ 5220/ 5000
BTC/EUR below 200-DMA & cloud, scope for fall below 6000 BTC/EUR extends weakness below 200-DMA, scope for further downside.
Price action has retraced channel breakout and price has slipped below major EMAs on intraday charts.
The pair has broken below daily cloud and momentum studies are heavily bearish.
Next major support on the daily charts lies at 78.6% Fib retrace of 2502 to 16457 rally at 5488.
Violation there could see test of 4712 (Feb 6th lows) and further weakness will see test of channel base.
On the flipside, breakout above 200-DMA and channel top at 7558 could see bearish invalidation.
Support levels - 6000, 5488 (78.6% Fib retrace of 2502 to 16457 rally), 5000, 4712 (Feb 6th lows)
Resistance levels - 7105 (5-DMA), 7558 (200-DMA), 7832 (61.8% Fib)
Book partial profits on the previous call (link below), trail SL to 7600, stay short for 6000/ 5500/ 5000.
BTC/EUR extends weakness below trendline 6350, targets 5650BTC/EUR extends weakness after break below minor trendline support at 6350, bias lower.
Technical indicators are biased lower. RSI below 50 and Stochs are sharply lower. MACD is well below zero levels.
Upside remains capped at 5-DMA which is immediate resistance at 6455. We see minor upside on break above.
Price action is well below 200-DMA and daily cloud and we see scope for further weakness.
Break below triangle base at 5650 finds next support at 5488 (78.6% Fib retrace of 2502 to 16457 rally).
Support levels - 5650 (major trendline), 5488 (78.6% Fib retrace of 2502 to 16457 rally), 4712 (Feb 6th low)
Resistance levels - 6454 (5-DMA), 6891 (20-DMA), 7535 (trendline)
Bias lower, stay short
BTC/EUR fails to extend channel breakout, eyes 200-DMA at 7434BTC/EUR has failed to extend upside after showing a channel breakout in last week's trade.
Price has slipped lower to re-enter slopping channel, we see scope for further downside.
RSI has slipped below 50 levels, momentum studies are bearish, MACD is on verge of bearish crossover.
Bears now eye strong support at 200-DMA at 7434. Violation at 200-DMA will see further weakness.
Below 200-DMA next major supports align at 6000 levels and then 4712 (Feb 6 low).
On the upside, breakout above channel top (8300) could see minor upside.
Support levels - 7483 (23.6% Fib), 7434 (200-DMA), 6000 (Feb 2 low), 4712 (Feb 6 low)
Resistance levels - 8300 (channel top), 8612 (5-DMA), 9198 (38.2% Fib)
Good to go short on rallies around 8000/ 8100, SL: 8700, TP: 7500/ 7000/ 6350/ 6000.
BTC/EUR breaks below 200-DMA, eyes 78.6% Fib at 5488BTC/EUR has extended downside after decisive break below major trendline support.
The pair has shown a breach at major support at 200-DMA, currently at 6626.
Technical studies are biased lower. We see -ve DMI dominance which supports further downside.
RSI and Stochs sharply lower, momentum heavily bearish. 5-DMA is sharply lower and Bollinger Bands are widening.
Close below 200-DMA will see major wekaness in the pair. Scope then for test of 78.6% Fib retrace at 5488.
On the flipside, 5-DMA at 6897 is immediate resistance, close above could see minor upside till 20-DMA. Bullish invalidation likely on decisive break above 20-DMA.
Support levels - 6000 (psychological level), 5488 (78.6 % Fib retrace of 2502 to 16457 rally), 4736 (Nov 12 low)
Resistance levels - 6897 (5-DMA), 7832 (61.8% Fib), ), 8573 (20-DMA)
Watch for close below 200-DMA, SL: 6900, TP: 6000/ 5500.
BTC/EUR close below 100-DMA could see test of 7250BTC/EUR consolidates slump below daily Ichimoku cloud, bias lower.
Price action currently hovers around 100-DMA support, close below to see further weakness.
Next major support at 78.6% Fib at 7244. Violation there to see 7000 and then 6010 (200-DMA)
BTC/EUR breaks daily cloud, eyes 100-DMA at 8933, short ralliesBTC/EUR has shown a decisive break below daily Ichimoku cloud, bias lower.
Momentum studies are bearish, Stoch are sharply lower. But are approaching oversold levels so caution advised.
RSI weak below 50 levels and biased lower with room for further downside.
We see -ve DMI dominance, ADX is rising which supports current downtrend.
We see scope for test of 100-DMA at 8934 levels. Violation there could see further weakness.
On the flipside, breakout at 20-DMA at 11989 invalidates bearish bias.
Support levels - 8929 (100-DMA), 7244 (78.6% Fib retrace of 4736 to 164557 rally), 5979 (200-DMA)
Resistance levels - 11020 (5-DMA), 12000 (20-DMA), 13670 (Dec 27 high)
Good to go short on rallies around 10200/10500, SL: 11200, TP: 9200/ 8900/ 7250