Btcshortsetup
Bitcoin 4h tradeLocal 4h trade for BINANCE:BTCUSDT.P
Possible Targets and explanation idea
➡️Waiting full fill or test 4h fvg
➡️Perfect scenario if we will see drop closer to Thursday to 59152
➡️But most likely we will hold the block around 61200
➡️4h money outflow BTC.
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Bitcoin trade idea Local idea on 30m tf BINANCE:BTCUSDT.P
Waiting sweep Asia and drop to sweep PDL in this range
Money power indicator shows zones where money inflow and outflow
After significant bounce at 49k im waiting correction.
Sl and Tp marked with 0.69% sl
Also dont be scary to be wrong with your ideas SL its just a part of our job
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Chart Idea - Swing Short on BTCI was bullish on BTC until last Friday before the WAR news broke. It was beautifully making a bullish penant which 70% breaks towards the upside. However, it didn't happen this time and it broke towards downside and confirmed.
Since we now got the confirmation of breaking downwards, I am seeing further downside now. Currently trying to bounce from 0.382 fib level ($60K). There is no volume though and structure is really bearish. I believe it should bounce from 0.618 ( GETTEX:52K ) level. IMO, we will be seeing the following levels in next few days/week:
Support Levels:
1- Daily EMA 100 - $58673
2- 0.5 fib level - $56188
3- 0.618 fib level - $52000
4- Daily EMA 200 - $50182 (Worst case scenario IMO)
We should bounce really hard if we hit 3rd or 4th level of supports.
Shorting Bitcoin at $62,000Bitcoin bears have been getting wrecked for the past few months, but I think Bitcoin is finally forming a peak here. I'm willing to take my chances and will exit my trade if BTC continues to show bullishness above $64k. So far this week Bitcoin has increased by GETTEX:14K in just 3 days.
I shorted at $62k, the price is now above my entry at around $62.9k. I'm comfortable leaving my shorts opened as long as Bitcoin doesn't continue climbing above $63.9k. Ideally I would like to see a strong move down over the next few days. For now I'm still leaving my shorts opened and will see how things are trending later
BTC had a rejection near $63.9k and is starting to show some weakness here. I'll give another update later today to see how things are looking. Yesterday I emphasized that the the $61,561 price level is a key price level to monitor, and this remains as my key price level today as well. BTC is trying to find support here and ideally I would like to see a failed support that leads to a drop down lower.
BTC short trade hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Bitcoin in February 2024BINANCE:BTCUSDT.P
Local targets for Bitcoin in February 2024
Possible Targets and explanation idea
➡️12H timeframe Fib is relevant. After bounce from 27 zone we can see drop to 40300
➡️40300 is a key level what we need to hold forming H&S pattern on 4H
➡️Target for this pattern will be over 46-48k and liquidations over 5 billion
➡️Above we will test again Montly FVG
➡️If we will not hold 40300 road will be open to 36600
➡️Market Mood indicator in hope zone on 12H need to see "depression" grey zone
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BTC - Incoming Pain Before Halving/ETF'sAnalysis:
- Support & Resistance
- Trend Line Analysis
- Liquidity Points
T1: Target 1
T2: Target 2
Opinion:
I was going to wait to post until the new year but price has enticed me to make my view known!
I believe December is going to end as a red month and the beginning of 2024 is going to be rough...
We may or may not get a retest to previous swing high but I have laid out my projection...
Again to be clear, I am okay if the timing is slightly off as I care more about the general direction and overall move...
Ask yourself, when have the big boys allowed the majority of retail to make money before any significant price changes?
We have the ETFs on the way and the Halving...
Do you really believe they will allow the majority of traders to ride the rocket ship up?
Or does it make more sense to drop price significantly before the halving and ETFs so they can liquidate a good amount of traders and scare away good buys?
Only time will tell but I have made my view known in advance...
I will update as price moves along and good luck bulls cause the bears are coming to town
I am still long term bullish overall but I do not believe the bull run has started nor will it start until after ETFs and halving!
BTC RISKY SHORT SETUPHere's my Idea about Short term for BTC Short Position. Expecting an Dump
Entry Would be Around 43.6-43.7k
Stoploss Will be around 43868
Target will be 42.6k or 41.8k
The Trade is Risky So if you are degen then go for it or Use low levrage While Trading.
Follow For more Such good ideas & Don't Forget Share my ideas.
Bitcoin a short term review
We have strong key support at mother of all moving averages ( calculated average of multiple emas) and closer to Mid range as mapped on chart its near 28300 and minor support at 29k area on the LTF . however the htf as 2d, 3d chart is still not showing any bearish confirmation but early signals of exhaustion.. in case of breakout to either direction we might see a huge move its going to be volatile one this time.. we have inefficiency on the both sides with thing profile. inefficiencies on either direction usually gets filled very fast since there are less sitting orders at those levels..
in case of swing trading i wont take any shorts as we long BINANCE:BTCUSD holds 24800- 25,000 HL area. However for now I am looking to scale into shorts for day trading perspective after deviation and rejection from the mid zone of current range 29300-31xxx area or from range highs , for clear view of our short term range plays for intra day trading, here's how it looks like .
4h
looking at h4 i wont be surprised if we see a big wick upsides or a small weekend or monday pump. right now sitting aside and waiting for the entry..
i hope you enjoyed it.. happy trading.
NFA, DYOR and good luck with your trades ...
BTC (Bitcoin) / USDT (USD Tether) Perpetual Swap Contract ShortBTC (Bitcoin) / USDT (USD Tether) Perpetual Swap Contract Short Setup OKX:BTCUSDT.P
Rising wedge
+
Double Top
+
Double Rectangle
+
Enter 35453 + Stop 36036
=
2 on 4 Short
Retest Level 30000
Exit 1/2 33033 = RR 1 on 5 = Stop Plus
Exit 1/2 30703 = RR 1 on 10
I am interested in your opinion on this algorithm of actions
deposit 20% of asset
order 20% of deposit
leverage ×20
cross margin
take profit 25+-% of order
stop loss 5+-% of order
day loss 1% of deposit
RR 1 to 5
Entry on negative news background
+
At negative mood of trendsetters
+
No nearby reports, speeches
+
Bearish chart and candlestick patterns
+
A pool of indicators signalling a downtrend
#DYOR
Bitcoin (BTC) Short SetupOKX:BTCUSDT.P Short 1H 4H
Trend breakdown
+
Breakdown of support level 36577
+
Retest of resistance level 36577
=
TP 1/3 35353 = RR 1 to 3
TP 1/3 34743 = RR 1 to 5
SL for High 36893 + when the first TP is reached = Stop Plus
I am interested in your opinion on this algorithm of actions
deposit 20% of asset
order 20% of deposit
leverage ×20
cross margin
take profit 25+-% of order
stop loss 5+-% of order
day loss 1% of deposit
RR 1 to 5
Entry on negative news background
+
At negative mood of trendsetters
+
No nearby reports, speeches
+
Bearish chart and candlestick patterns
+
A pool of indicators signalling a downtrend
#DYOR
BTC 4HR Analysis - Bears Are Taking Control to 200EMA!Bitcoin has had three pushes up from its previous trading range ending with a failed break of the $37,500 resistance level three times, leading the price below the 30EMA. Per my Weekly Analysis, the $37,500 price area is Bitcoin's Weekly Bull Channel resistance. These data points mean a short is reasonable from the $37,000 price area with a stop just above the pin bar at $38,000. It's also reasonable to take some profits at the bull channel bottom (about 1:1 Risk/Reward) and the remainder just before the 200EMA around the $34,000 area.
Key Points
1. Bitcoin is still in a Bull Channel
2. We have three pushes up ending with a strong bear pin bar
3. Three failed attempts to break and hold $37,500.
4. Gap from Current Price to 4HR 200EMA
5. RSI is just above 40.00 with Room to Fall
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
BTC Weekly Analysis - Will the price fall to $25,000?BTC has made contact with the top of the Weekly Bull Channel and has come up against some resistance. In my previous 4HR analysis, I showed the potential for a measured move from the 4HR Bull Channel to the Weekly Bull Channel Resistance, we have reached that price of about $38,000. Where do we go from here?
Key Points
1. Bull Channel means we should always be Long.
2. Bitcoin has touched Weekly Channel Resistance
3. Wait for the weekly candle to close below the channel top
4. There is a gap between the current price and 30EMA/200EMA
5. RSI is overbought. A weak indicator on its own but supports #2-#4.
Before trading this chart, the weekly candle needs to close tomorrow to confirm whether or not we are breaking out of the bull channel. I remain neutral until we see that result; however, I am slightly more bearish on the price given #2-#5 of the key points. Also refer to my BTC lifetime analysis where I argue that before every new all-time high, BTC touches lifetime support. We have not yet made contact with lifetime support and believe we have one more fall to $20,000-$25,000 before new all-time highs.
As always, trade at your own risk, you are responsible for your trades. I hope this analysis was insightful and useful.
Trade wisely and let us know what you think in the comment section below!
BTC Multiple Sell Signals Showing Possible Flood To 23.8KBitcoin sell signals are getting more and more without showing any sign of recovery to the upside.With VIX going up today could be a volatile day for NY market thus BTC could get volatile as well.
SPX made a gap yesterday and went lower.we could see the same thing today if the bearish momentum is strong
Thanks for all the support
Current Market Status AND September Outlook. !!Hello, welcome to this BTC monthly update by CRYPTO SANDERS.
CHART ANALYSIS:- Current Market Status
The first fortnight of September has been largely non-eventful, with bitcoin mostly
consolidating below 26,500.
This comes as volatility in the market hovered close to a five-year low in August, with trading volume amongst exchanges falling by 52 billion.
as we move into the fall, there has been a slight rise in volatility, mostly led by a rise in both inflation and retail sales in the United States.
Markets have used this as confirmation that the Federal Reserve will hike rates later this week, which could lead to dollar strength.
September Outlook
Bitcoin peaked at 27,414.73 earlier in today’s session, following a low of 24,900 exactly a
week ago.
This has seen BTC/USD reach its highest level since August 31, 2023, and comes as the 10-day (red) and 25-day (blue) moving averages near an upward cross.
From the chart, the potential for this move has been on the cards for a while, however, it has finally taken place as volatility returned to the market.
Additionally, the relative strength index has now also moved past a key point of resistance at 53.00, which has been a thorn in the sight of bulls for the past few weeks.
The next real ceiling lies at 65.00, and should bulls be targeting this, there is a chance bitcoin (BTC) ends the month above 28,300.
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
ETH Macro Accumulation w/ FractalI pulled the fractal from the 2019 bear market and flipped it. It seems as though we are currently in a macro accumulation phase, where we just formed the Sign of Strength in Phase B by taking out the highs from the Automatic Rally. On a smaller time frame, this entire channel upwards has been a re-distribution forming. You can see a daily bearish divergence already forming on the RSI (marked in white) and on top of that, on the weekly we are setting up a more local distribution on both BTC and ETH. Each of them has a 123 setup on the lows to go along with the distributions. See related ideas. BTC has a 3 day bearish divergence as well.
The theory is that we will see our real bottom in December of 2023 and it will take out the lows from the Selling Climax from June of last year. The real bull run will start in 2024.
What are your thoughts?
Bitcoin scalping 1H local zoneBINANCE:BTCUSDT.P
Local 1h timeframe trade
Possible Targets and explanation idea
➡️Btc still in a range 29000-24000
➡️Filled 0.5 lvl Daily imbalance
➡️Pump was almost without volume just based on News about Grayscale
➡️1H fib relevant after signals Sell we got triangles up to accumulate position
➡️Impulse up, correction and rejection at 0.27 zone
➡️Would be good to see local correction to green block or at least 0.5 FVG
➡️Market Mood on 1H was in extreme zone
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Will Bitcoin face a rejection and slump toward $29.5k?On the 1-day timeframe, a bearish divergence between price and RSI was developing. On the 4-hour chart a range formation was witnessed.
Sentiment remained bullish in the market on the news of refiling of Bitcoin ETF applications from BlackRock and Fidelity.
This could see FOMO from buyers if BTC breaks out past the
31K
area, and a reversal here could gather a massive amount of liquidity from buyers before dumping back to the H4 lows. But it is a risky idea to short a breakout without confirmation, but waiting for such a confirmation could severely curtail R:R.
Entry: $31.6k-$31.7k
Take-Profit: $25.5k (just below recent lows)
Stop-loss: $32.5k (invalidation above the $32.2k, this level is a high from 1 June 2022)
Bearish on BTC - 12-13k
No one is talking about the M pattern that didn't reach it's target yet.
yes we came very close to it
but this is a Macro Weekly chart. close is not enough to mark the target reached.
In my opinion, we still didn't get real bloody yet.
one last drop to 12-14k is something i genuinely believe in.
The pump that we are seeing
since January is just a retest to the M Pattern Resistance.
I am personally not turning bullish unless we close a candle above 35K.
NFA.