Btcsell
BTCUSD: 50|50 or best trading plan (08.10.2020)At the moment, the price has formed a triangle correction model.
The key resistance level is at 10830.
The key support level is at 10530.
Based on the market statement and the probability of price movement, you should tune in to a possible false breakout of the level 10830; in this case, you should immediately turn short at 10530.
With an adequate situation, and in case of growth, you should buy at 10830 with a stop loss at 10530.
BTCUSD: Possible Short (04.10.2020)On the D1 chart, the price is trading in a narrow range, forming a triangle correlation pattern. RSI is in an undefined state. The Ichimoku cloud is directed downward.
On H4, the triangle pattern is more clearly visible.
Trading option for this model is a breakdown level of 10300.
We recommend looking for sales in the direction of price reduction.
BITCOIN: PUMP or DUMP? (Answer in post)Hello friends!
Since the last publication, the BTC price movement has been clarified by the model of the formed correction.
At the moment, we are considering 2 alternative options in the next several days, as well as 1 option in in the next several weeks.
Speaking of the perspective in the next several days, as before, we expect the end of the triangle formation.
On the breakout of the key support and resistance levels of the model (red and green), you can make good trading operations.
Speaking of the perspective in the next several weeks, we still expect the price to drop to the 8000 level, possibly lower.
We wish you every success!
BTCUSD 4H-TIMEFRAME ANALYSIS 💡BTCUSD 4H-TIMEFRAME ANALYSIS 💡
Hello ladies and gentlemen
This is my new idea for Bitcoin
My idea is that BTC will continue to downtrend
It tests the resistance area 11000, is the best opportunity to open more short position
Targets
10280
9950
I hope my idea is clear
Support me by like and share
Good luck 💰💯
BTCUSD: Local prospect (23.09.2020)The price is decreasing within a downtrend, as evidenced by the downward Ichimoku cloud on H4.
Besides, the RSI on H4 is near the oversold zone, which indicates a possible start upward price correction.
On H1, the price is near to the local support level at 10300, and the RSI also declined to the oversold zone, signaling the imminent completion of the downward movement.
In general, we should expect the price to break out of the support at 9900 soon.
Locally, we recommend selling BTCUSD from 10650-10750 on price corrections upward.
BTCUSD 4H-TIMEFRAME ANALYSISBTCUSD 4H-TIMEFRAME ANALYSIS
Bitcoin broke the support at 10,500 with high liquidity
Now it is back to test the area that is now resistance
It needs high liquidity to overcome the resistance
My analysis is that Bitcoin will fail
He will have to return to test the temporary resistance at 9800
I will update and share other ideas with the upcoming bitcoin movements
Good luck
BTCUSD ANALYSES 04,9,2020Hello traders,
today's analyses is very important, cause after we had a very strong bullish, we are now having a bearish but is it a free shot, perhaps it is , cause all indicators and probabilities are giving about 78% that market we thouch the strong support in price 10089-9665. and if we break the support then we will have a real free shot of the year, but always there is a probabilities of 65% that market will make a pull back on the support to reach again the resistance.
hope you enjoy the analyze, don't forget to put like and comment if you agree with me
Bitcoin: Short Sale Possible (15.09.2020)On D1, the cloud is directing downward, indicating a downtrend.
On H4, the price rises, which indicates the formation of a local price correction. In addition, the RSI reached the overbought level, which may indicate the end of the price correction.
We recommend selling now and placing a stop loss at 11200.
Bitcoin: Earlier we wrote about the price declineOur main bet was that the price of bitcoin should have dropped sharply in the near future. We wrote about this back in early August.
In general, we also had a backup plan, which implied continued growth after confirmation of conditions.
At the moment, we believe that a downward short-term cycle has begun, which may subsequently lead to a decline in prices to the level of 8500 and below.
Locally, we recommend looking for patterns of decline confirmation in the form of zigzags, triangles, and planes.
Good luck to all!
Bitcoin ShortWhats up traders,
Before I give my analysis I want to thank you guys for all the likes, comments, and follows. This is our 50th post on Trading View, and trust me we will not be going anywhere any time soon. Expect more from us in the future! -LobFXEmpire
If you been trading Bitcoin you know its been going up in value a TON, but what goes up MUST come down! If you're like me your going to try to catch the bulls and the bears! I'm seeing price retest a key area and going down to about 11700-11600, or even the daily support I have plotted. The daily candlestick closed while price was attempting to make a move towards the bears, and then obviously opened a new candlestick an started to rise, but its most likely a fake out. Just a thought, what do you guys think?
P.s. I also spotted a head and shoulder on the 4HR TF indicating downward movement
BITCOIN: Price CRASH is coming!Hello friends!
The dynamics of the growth of the BTC price is coming to its logical conclusion.
At the locally the triangle correction model has formed, which has been successfully implemented by price.
The price can reach the level of 12500, after which we expect a fast price decline in the impulse wave of the oldest correction model.
We recommend looking levels for a short sale and forgetting about continued growth in the medium term.
Good luck to all!
BITCOIN: When you're in the fog...(Ichimoku+RSI)Hello, everyone!
H4
On D1, the cloud is directing upward, indicating an uptrend.
It should be noted that the RSI is above the oversold level (70) and is ready to form a divergence between the indicator scale and the price.
Conclusion:
We do not recommend buying BTC.
However, it is worth looking for sales levels after updating the level of 12100.
H1
At H4, the cloud is directing upward, indicating an uptrend. RSI H4 and H1 are forming a wedge pattern, indicating a local price correction.
Conclusion:
The price is likely to rise, but you should take into account the fact that on all timeframes a divergence is formed between the price and the RSI scale.
Important observation!
We see very serious signals for the start of a decline in the price of bitcoin and we recommend that you tune in to look for good patterns for short selling and taking profit for long positions.