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Btcsell

BTC (Bitcoin) still range-boundThe most popular cryptocurrency opened trading on Monday, November 4 with a 2.3 percent increase and a green candle to $9,423. It peaked at $9,597 during intraday and successfully broke above the 38.20% Fibonacci level. Bulls, however, were not able to hold their territory and retreated to $9,311 on the next day, Tuesday, November 5. We saw the BTC/USD pair trading as low as $9,174 during the session. On Wednesday, November 6, bitcoin was trading lower around noon but managed to recover in the evening closing with at $9,347. BTC still ranging in the $9,500-$9,000 zone as $9,500 also is covered by the Fibonacci 38.20% Expecting a drop below $9,000 in the coming days mainly due to the relatively low volume - between $22-$28 billion since November 4, still lower compared to the peaks in late October, and low volatility. Bulls seem weak and out of steam.
BITSTAMP:BTCUSDShort
by FutureBlockchain
CRYPTO: BITCOIN (XBTUSD) BTC SHORT OPPORTUNITY - WEEKLY PINBARAfter a rallying week to $14k, we saw a massive sell-off, which, to be fair was expected so let's not be disheartened by it. A pullback is healthy and necessary to sustain any gains in the markets... and a great opportunity to buy back in at a low price so I welcome them with open arms :) If the weekly candle closes below $10.7k, this would be confirmation that the bears have taken control and I would expect a breach of $10k. I have set out target support levels where I would expect a significant bounce from and levels that we are likely to test/reject: Level 1: $10,000.00 Level 2: $9,200.00 Level 3: $7,350.00 Level 4: $6,000.00
KRAKEN:BTCUSDShort
by AEFX786
Next moves of almighty BTC As given idea in my first ever my published chart in tradingview (was not best looking chart or professional) but with the best possible prediction and same happened as told. Now it is risky to hold BTC as per me i believe by looking risk return management and also the scenario which has more probability to happen or next move most probably going to happen is downside. The scenario is only invalidated when btc closes two daily candles and one weekly candle above 6300 then i can say we are really in bullmarket and rebuying btc could be good.But i dont think this is going to happen. The risk to hold is bigger and loss is 10% but the return is 30-40% and risk is less to hold. last thing is when tether fud happened there were all different types of chart in different exchange. somewhere it was looking like we brokedown and we are directly going down and somewhere it was like my chart is playing out. so i was totally confused therefore gave those bearish charts but with tight stop loss and we gained nice profit with almost very little loss and now be ready for downside move.
Short
by donisbackcripto
A Correction in the Short Term & Continuation of the BearsA correction is now at our doorstep. We are in day 4 of the recent bull run, which typically exhausts by day 3 or 5. - Volume Divergence - RSI Divergence - MACD Divergence - Long red candle forming on 4 hour - Long green wick on the 1 day - Elliot Wave complete - Correction wave initiated This is only a prediction off the TA I am currently viewing, which BTC has remarkably adhered to during this bearish market. Take it with a grain of salt and always do your own due diligence.
BITMEX:BTCUSD.PShort
by CryptoAccountBuilders
7
BTC short opportunityBTC has been rallying for a few days now, we called a long from 6.1k and have now taken profits. Daily volume is beginning to decrease as we get to the top of the falling wedge. A close on the daily above the yellow box will lead us to the next yellow box. We have seen many of these bull traps before as we are in a bearish phase. I have begun to slowly build a short position, will be building it from now until 7450. If we fail to close above the yellow box on the daily candle then I will increase my short position. This will give me the best average short position as I do not think we will break the brown downtrend line. Stop loss can be set above the brown downtrend line.
COINBASE:BTCUSDShort
by Wowmuhcharts
BTC Head and shouldersHead and shoulders has clearly formed on BTC daily. Using the theory that the drop from the neckline break is equal to the difference between the peak of the head and the neckline, I expect price to drop to around 6600. This is coincidentally, around the same price where the most recent low sits, so there could be some strong support there. price may bounce back up to around 7.8k from current levels (7.5k) as RSI approaches 30. Once this occurs, if the head and shoulders continues to play out, we may reach 6.6k levels once again. A breakdown to 6.4k would result in the long term upwards trend line from november 2017, to be broken. With the strong support at 6.6k, I'd expect a bounce off those levels back towards the trend line and the resistance levels around 6.9k. From there, lack of volume suggests we may drop further to the support at 5.9k
COINBASE:BTCUSDShort
by jl1998