BTC Short Scenarioit's been a while since I last posted.
it only made so much sense I decided to post it!
hope it will help you.
Btcshort
BTC shortRetes the bottom of this broadening wedge?
Price seems to be losing momentum. IMO there's a high likelihood of it coming back down and retesting the bottom trend line.
BtcBtc is heading to 21400 we might retest the trend-line before we go down.
Failure is by going up the trend-line with a good volume.
BTC Short term scenarioHi guys, this is not trading advice and the risk of this position depends on your previous trades, profits, and margins. It's just a scenario in completion of which, I can later explain some educational tips and instructions.
feel free to leave comments and ask your questions.
BTC shortA simple trade idea.
A break below the most recent low forming a new down trend.
RSI is still above 50 but MFI is showing a lot of weakness. I think RSI will soon follow.
I took a trend based fib to find a target at the 1.618 which corresponds nicely to a previous area of support.
Let me know what you think.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) extended recent declines on Friday, with prices falling below the $22,000 mark for the first time in several weeks.
BTC/USD fell to an intraday low of $21,754.13 earlier today, which comes less than 24 hours after trading at $22,770.22.
As a result of this drop, bitcoin moved to its weakest point since January 20, when the price bottomed at $20,865.
From the chart, the sell-off took place following a break out of a resistance level at $22,500, which had mostly held firm since late January.
In addition to this, the 14-day relative strength index(RSI) also dropped, falling to its lowest point in over a month.
After weeks in overbought territory, price strength has started to subside, which could act as a long-term positive for bulls, whose next target will likely be $25,000.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BTCUSD - 30% Long has Finally Closed. Where's this Short Going?Well well well... What a month it's been for #Bitcoin. We've seen some huge gains and managed to net 30% ourselves with a #BTC long. Now we've got a Short signal from CTv2.
We can see a few defined areas where the price may be heading next if this Sell signal shows promise - the most likely scenario is Bulls are still prevalent and the price might only drop to the nearest level of support, around 10%, still a very nice Short trade to make!
The other option would create a pretty clear Head & Shoulders pattern and would mean #BITCOIN price reverts to previous levels down at around 16k - this would make for 20% profits or more!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
BTC 1 D : Short wait for BitcoinIn case of failure of 21.4K resistance, there is a high probability of falling and short, but if in RSI don't see less than 50, growth will happen up to 26K
BTC/USDT 8HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:- BTC is above the 100MA 8hr chart if BTC bounces from here we could see BTC go as high as $22300. This chart will be invalidated if BTC breaks $21,600
This is not a piece of financial advice.
Hit the like button if you like it and share your chart in the comment section.
Thank you
btc $21,500same as eth. wave 4b appears to be completed. eyeing $21,500 for wave c.
looking for longs there. daily rsi eq alert set for the trigger.
BTC possible turbulenceHi guys, in order to get the main idea, check out the last post (Its link is pinned below). It's an education post and all the details are explained.
feel free to leave a comment
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) slipped to a two-week low on Thursday, with prices falling below $23,000.
Following a high of $23,191.32 on hump day, BTC/USD plunged to an intraday low of $22,458.26 in today’s session.
The decline sent bitcoin to its lowest level since January 26, as prices broke out of a critical support point at $22,500.
As can be seen from the chart, the sell-off came as the 14-day relative strength index (RSI) fell to a one-month low, after moving below a floor of its own.
The index is currently tracking at 56.50, which is marginally under its recent support level of 58.00 mark.
Since this bottom, bulls have moved to buy the dip, with BTC now trading at $22,540..04, as of writing.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC CME GAPOn the 4hr BTC seems to have broken out of the triangle, is getting rejected and will move towards the CME gap between 20.000-20.500
BTC GOES DOWN?!I think BTC is bearish and wants to retest 21000 - 20800
This is my idea & not a signal.
Thank you
BTC/USDT Short?Dear Investors and Traders,
I am shorting bitcoin from 22.9k. My target. is 22.6k or even more.
Critics and comments are super appreciated!
Happy trading y'all!
Good Luck!
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) Bitcoin (BTC) moved higher on Wednesday, following comments from Federal Reserve Chair Jerome Powell.
Speaking yesterday, Powell stated, “The reality is we’re going to react to the data. So if we continue to get, for example, strong labor market reports or higher inflation reports, it may well be the case that we have to do more and raise rates more than is priced in.”
BTC/USD rose to an intraday high of $23,367.96 earlier today, less than 24 hours after hitting a low of $22,781.95.
Looking at the chart, the move pushed bitcoin to its strongest point in four days and came as the 14-day relative strength index (RSI) ran into a ceiling.
The index rose to a ceiling at 65.00, however, momentum was not strong enough to break out of this point.
As of writing, the index is tracking at 62.92, with BTC falling from earlier highs, and currently trading at $23,195.36.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin to breakdown?Bitcoin - 24h expiry - We look to Sell a break of 22288 (stop at 22758)
A break of the recent low at 22304 should result in a further move lower.
22304 has been pivotal.
A move through bespoke support at 22300 and we look for extended losses.
We are trading at overbought extremes.
A higher correction is expected.
Our profit targets will be 21111 and 20811
Resistance: 23119 / 23300 / 23600
Support: 22626 / 22500 / 22300
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) rebounded from Monday’s lows in today’s session, with prices racing back above the $23,000 level.
Following a low of $22,692.03 to start the week, BTC/USD raced to an intraday high of $23,119.28 earlier in the day.
The move comes as bitcoin bulls rejected a move towards a long-term support point at $22,500, and instead bought the dip.
Looking at the chart, today’s rebound sees BTC snap a five-day losing streak, which came following a six-month high last Thursday.
Tuesday’s reversal also coincided with the 14-day relative strength index (RSI) bouncing from a floor of its own at 60.00.
As of writing, the index is tracking at 62.04 and seems to be on course to collide with a ceiling of 68.00.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) started the week falling to a seven-day low, as market sentiment began to shift downwards.
BTC/USD has now fallen lower for five straight sessions, with today’s decline taking prices to a bottom of $22,734.48.
This drop saw bitcoin hit its weakest point since January 30, when prices were trading at a floor of $22,500.
Looking at the chart, the world’s largest cryptocurrency appears to be heading toward this point of support again.
Recent declines in BTC have come as the 14-day relative strength index (RSI) broke out of a floor at 68.00. It is now tracking at 61.15.
This is the lowest reading for the index in nearly a month and comes following an extended streak in overbought territory.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
LET'S CHECKSo far it follows the old plan and I will continue to observe. I also want to note that you can buy every month / day for a fixed amount even at these prices. For a long time, of course.
Xo-Xo
