Get started

Btcsell

Strong Sell Signal for Bitcoin. Road to 14k.I analyze daily and weekly timeframe. Here are the list why bitcoin will go down: 1. 100 SMA and 25 SMA is my indicator for reversal. It the recent rally, the 100 SMA and 25 SMA failed to cross for bullish reversal. 2. Support lines are drawn in my chart. It currently breaks the support line in 17.5k-18k area. It is headed for the next support of 14k. If you zoom out the chart and look for weekly chart. You can see a support at 14k in June 2019. 3. -DI is above the ADX and the slope of ADX is high. I also based the strength of the trend based on the slope of the ADX. I look for 14k if there is possible big rally or bounce. I will take profit if the -DI goes below the ADX and wait for further reversal signal.
Short
by UnknownUnicorn13326052
4
BTC 18K Broke As Expected...! Next Stop 12K ???As per my previous post on BTC we have got the clean break of 18k which has opened up the drop to the 12k area as there is nothing really in the way of it dropping to here. The 12k area will be key as we have a Monthly DEMAND/BUY level this is the origin of the huge moves up to the ATH'S there will be a lot of demand here we could even see a drop down to 10k as that is where the bullish leg up started. I will be looking for BUY signals at this area we could even get a flash drop too this area as there will be demand at 12k and below As in most things in life and in the universe the higher governs the lower trading is no different, the major moves and most volitilty is on the bigger charts, prices on the lower timesframes simply ebb and flow to meet higher timeframe targets. You should always know what is happening in the bigger picture charts as it's alot easier to spot where smart money targets will be. Read my related post on what I wrote.
BITSTAMP:BTCUSD
by TheFxAce
BITCOIN: Bearish Fakey + Pin Bar SetupBITCOIN (BTCUSD) – Cash: Bearish Fakey + Pin Bar Setup (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed a Bearish Fakey + Pin Bar Setup overnight (We suggested waiting for this setup in the Sep 21st, daily newsletter). Price exploded lower from the $21930 – $22808 short-term resistance area. Potential Trade Idea 1: We are considering selling on a retracement higher to within the range of the current Bearish Fakey + Pin Bar Setup. Potential Trade Idea 2: We are considering selling on a retracement higher and after a price action signal, whilst price remains under the $21930 – $22808 short-term resistance area.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
1
BITCOIN (BTCUSD): Bearish Pin BarBITCOIN (BTCUSD) – Cash (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed a Bearish Pin Bar Signal just under the $25339 key resistance level, earlier this week. The Bearish Pin Bar Signal that had formed on Sunday, August 14th has failed (We did not consider trading this signal, nor did we mention it). The Bearish Pin Bar Signal that had formed on Thursday, August 11th has failed (We did not consider trading this signal and hopefully saved some members on this market). Idea: We are considering selling on a retracement higher whilst price remains below the most recent Bearish Pin Bar Signal that had formed just under the $25339 key resistance level, earlier this week.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BTCUSD-1H Analysis Hello traders, Hope you are having a spectacular weekend. Above is our analysis on BTCUSD. We are overall still bearish as we continue to believe that there is one more massive impulsive wave to the downside given that certain trading conditions and parameters are met. From 24.5k-26k we would be looking to short, that would be a risky entry since there would be no prior confirmation other than structural points . Hope our analysis helps you towards profitability God bless, ETGL TEAM <3
BITSTAMP:BTCUSD
by Eleventgl
2
BITCOIN: Bearish Pin Bar SignalBITCOIN (BTCUSD) – Cash: Selling On Retracement Higher To Within The Range Of Bearish Pin Bar Signal (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed a Bearish Pin Bar Signal late last week. Price moved lower from the Bearish Pin Bar Signal that had formed early last week (We suggested trading this signal in the June 28th, daily newsletter and hopefully some traders got on board). Price moved lower from within the range of the recent Bearish Inside Bar + ultra-small Pin Bar (Combo Setup) that had formed on Friday, June 17th (We have been considering selling the pullback to this setup since June 20th, weekly newsletter). Potential Trade Idea 1: We are considering selling on a retracement higher to within the range of the current Bearish Pin Bar Signal. Potential Trade Idea 2: We are considering selling on a retracement higher to within the range of the recent Bearish Inside Bar + ultra-small Pin Bar (Combo Setup) that had formed on Friday, June 17th. Potential Trade Idea 3: We are considering selling on a retracement higher and only after a price action signal, whilst price remains below the $25339 short-term resistance level.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN (BTCUSD): Inside Bar PatternBITCOIN (BTCUSD) – Cash: Selling On A Breakdown Of Inside Bar Pattern (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed an Inside Bar Pattern overnight. Price moved briefly lower from the prior Inside Bar Pattern that had formed last Thursday (We didn’t consider trading this pattern). Price moved briefly higher from the recent Bullish Pin Bar + Multiple Inside Bar (Combo Setup) that had formed around a week ago (We did not consider trading this setup). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Inside Bar Pattern. Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Bearish Fakey Setup.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN (BTCUSD): Inside Bar PatternBITCOIN (BTCUSD) – Cash: Inside Bar Pattern (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed an Inside Bar Pattern overnight. Price formed a Potential Bullish Multi-Bar Fakey Setup last Thursday (We did not consider trading this setup). Price briefly moved higher from the Bullish Long-Tailed Pin Bar Signal that had formed over a week ago (We did not consider trading this signal). Price moved significantly lower (Almost $4500) from the Bearish Pin Bar Signal that had formed on Tuesday, May 10th (Before reversing up), (We suggested trading this signal in the May 11th, members' daily newsletter). Price significantly moved lower from the Multiple Inside Bar Pattern that had formed just above the 37559 prior short-term support level (Which is now a Key resistance level and an Event Area) around three weeks ago (We suggested trading this pattern in the April 29th, members daily newsletter). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Inside Bar Pattern. Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Bearish Fakey Setup.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN WILL TEST 200 W EMA AGAIN!Price of Bitcoin is in a steep decline for the last 7 weeks! I think this is a first in Bitcoins history! 7 red weeks in a row! This week price dropped around %20! BTC tested 200 weekly ema which is around 27k USD. Buyers stepped in and price went back above 30k rapidly. There is high amount of volatility in the markets! This is not a good sign for bulls. Price needs to consolidated and form a bottom before upside movement. Also FED chairman Powell said this week that, they are not promising soft landing to the US economy meaning there could be recession in the future! This means they will raise rates and decrease money supply no matter what! Institutions are starting to run away from risky assets and buying in on government bonds. Last week US 10y bonds are over 3 but right now they around 2.8! BTC will form a lower low before going to ATH again. I dont know when will the ATH come but im pretty sure it will not come this year! This year bottom will form somewhere between 200 Weekly ema and 300 weekly ema hopefully. Which is around 20-27k. I think bottom will be closer to 20k and will linger there for couple of weeks before going back up. I do not expect strong rallies for long periods of times, that lasts weeks. If price raise quickly to the upside think it as a profit taking oppurtinity. We will go lower before going back up again! Also it is still to early to form a bottom just yet! We simply dont know for sure what FED will do about inflation. We should wait for at least Jackson Hole meeting which is in August. Follow for more charts and data.
BITSTAMP:BTCUSDShort
by thegreatwall38
2
BTCUSD – Cash: Bearish Fakey SetupBITCOIN (BTCUSD) – Cash: Price Collapses From Bearish Fakey Setup (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price moved lower from the recent Multiple Inside Bar Pattern that had formed late last week (We suggested trading this pattern in the April 29th, members' daily newsletter). Price moved lower from the prior Bearish Pin Bar Signal (Event Zone) that had formed just under the 42608 short-term resistance over two weeks ago (We suggested trading this signal in the April 24th, weekly newsletter and hopefully some traders got on board). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a retracement higher to within the range of the recent Multiple Inside Bar Pattern. Potential Trade Idea 2: We are considering selling on a retracement higher to within the range of the prior Bearish Pin Bar Signal (Event Zone).
COINBASE:BTCUSDShort
by UnknownUnicorn393254