Bitcoin Sell the Pivotal Value.Bitcoin - Intraday - We look to Sell a break of 41488 (stop at 42323)
Daily signals are bearish.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
41575 has been pivotal.
A break of bespoke support at 41500, and the move lower is already underway.
Our profit targets will be 39222 and 38322
Resistance: 43000 / 44000 / 44500
Support: 42000 / 41500 / 41000
Btcsell
2 for 2 with bitcoin shorts today! Riding it down caught the wicafter taking partial profits on my 1st BTC short i moves my stop loss into profits which was triggered when it wicked up, which is why its always smart to take profits along the way and move that stop loss into profits to make it "risk free"
After a massive surge up i felt like it wouldnt sustain above the ascending trendline so I jumped in with a larger trade than the previous short. I already closed about 50% of this short @ 37500 letting the rest ride.
BTC CONTINUES TO FALL!BTC breaks the support around 45877 zone area and will continue its downtrend movement to make its completion of valleys. Short positions is possible around the support area after the retracement to complete the 2nd lower lows of the structure. Confirmation on price action is needed to make these entries. #DYOR #TYOR
BTCUSD 2022 is gonna be hell for whoever is still holding on btc as an investment, thic coin is crushing down probably to $30k/$20k or more.
there is a huge divergence between the two HH on the daily and on the 4h too, it went bellow the 200ma, forming new structure, heavy bearish momentum.
frankly if btc went and retraced to 52500.00/0.618 fib with a touch of the trend line and one of the ema's wth low bullish momentum iam strongly selling.
WHALES WANT YOU TO BUYLook at a weekly perspective, whales are not trying to buy at this prices, they are trying to sell the crypto they posses. Always the crypto crashes are fast and then it consolidates for at least 6 to 8 months. We are gonna see a lot of bull traps to make us think it will go to the moon. 30K. First take profit for short. And if we have the oportunity to buy at 14k- 8k (The fixed range and volume of interest for whales massive buy) will be ideal for a new cycle of bull trend. Cryptos are very interesting right now i'm not gonna lie.
Bitcoin still Bullish ??Hii crypto lovers i am posting my idea after very long time hope you are all doing great what i am expecting right now is if we manage to close above yellow zone we are bullish & can again hit 65k but if we close below it we will hit 54400 which will act as support for adding fresh buys and incase it fails to hold next buying zone will be 49800 and target will be 55k-62k i am expecting consolidation from 50k to 65k for 1 month now and expecting to make new ATH or fresh lows during December so what you can do is go short at 65k range and go longs at 50k range. Good Luck
Bitcoin next 49000$ divergence trapHII everyone as we can see a divergence in this h4 chart so most trader are expecting price to drop based on divergence but i am seeing something different we are at 60.57 RSI and i am expecting RSI to hit 86.57 to make this divergence unvalidated which will take Bitcoin price to 49000$ until then i dont think we will see any drop so if you are short selling bitcoin be cautious because all i see is bitcoin hitting 49000$. after that maybe we will see some sell off so i would suggest going long above 39000$. GOOD luck
BTCUSDT seems to go downI saw a map of possible price movements for bitcoin where the price after he broke the trendline in the 1h timeframe on July 5, 2021. He has a tendency to go down and at this time I see the price is retesting the trend line area and some trendlines and strong resistance previous. I also see a possible pattern that will occur, namely a bearish gartley , one of the natural harmonic patterns (I drew the harmonic line using the close point) and it seems that the reversal has occurred in the area where the strong resistance confluences. but be careful because the larger trend is still sideways.
I remind you that this is for educational purposes only. Not an invitation to enter a position. Risk disclaimer!
share your views/opinions below.
BTCUSD will drop Bitcoin, as seen on the chart, will likely experience a weakening in the near future after previously breaking the trend line in the 1h timeframe. The trend indicates a decline with the previous impulsive move. Now I see that after a retest of the trendline line on the lower timeframe it formed an ascending broadening wedge pattern. and head and shoulders.
Risk disclaimer! for notification only, not for position entry. Do your analysis
BTC shorts into 21kMajor/Bold call on this one. It is evident that the market structure is bearish on crypto and I do not see any bullish bias whatsoever. BTC has just tested a daily level and broke weekly lows on Monday. It is showing signs of rejection before it plummets down to 26k first then 21k.