BTCUSDLONGS
Possible Bearish Crab Harmonic Pattern T24Hello Traders,
As you know we are in downtrend channel for months, this pattern should breakout from our current downtrend channel which is very hard to achieve.
If you want to go long position you should check other chart too.
Target : 10k
Stop Loss: 6050 ( below 6050 invalidating our pattern)
BTC Longs/Shorts (bitfinex)Hello guys
On this Chart, I look at the charts of long and shorts porisitons on the Bitfinex exchange.
We can see that a large number of short positions are now on the market, most of which should close when we are reached first resistance.
BTCUSDSHORTS
There are two reasons for closing the shorts:
The first one is closing short trades with a large upward movement.
The second is to close shorts if bitcoin drops and closing these orders with a profit.
BTCUSDLONG
We are at a historic low, even when we see a rise in Bitcoin
With my conviction that Bitcoin should be corrected down there and long positions will be recruited and they will increase in case of further Bitcoin movement down.
Of course, many may blame the fact that this is a bitfex exchange and there are many questions to this exchange.
To confirm, I give a link to the site with all orders for buying and selling.
vcdepth.io
Shorts & Longs Charts - Side by SideSince my last (from FEB 19) idea regarding BTCUSDSHORTS and LONGS, there has been a lot of psychological manipulation in my opinion
The goal is to create a short squeeze thus doubling buy volume to reach a very high (5000 range) btc target.
SHORTS seem to be near a critical amount AND LONGS are at a vital last stand for massive opening of positions.
This is about as valid as charting the Market cap. Just for fun ;)
btcusd - updateas per my comments yesterday seems we might see the small reversal i noted. now looking at it it might not be as big i as analysed. either way, any sign of bullish momentum, make sure you catch it.
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
BTCUSD - Bullish Dream BTCUSD looks like it'll soon follow ETH in its bullish moving ways.
ETH has broken out of an ascending triangle, after being bullish at resistance. BTC is painting a similar picture, and I fully expect it to do the same.
The targets are highlighted above. We're looking good so far.
Ultimate Target = $5500
BTCUSD - Simple BULLISH Inverse H/S - ExpectationThis is what I expect BTCUSD to do to start the New Year off
We are still quite oversold on macro timeframes, and this Inverse H/S everyone is watching is painting out like a work of art. This is what I expect to happen.
In the event the price breaks through the neckline (~$4300), long the bullish retest and enjoy the gains up to $5500!
Happy New Years!
BTCUSD Simple Bull Pennant/Flag - Dec 28thThis is a smaller time frame bullish continuation pattern that seems to be playing out.
Look for a touch of $4200+
This recent move is extremely bullish. The macro inverse h/s is surely playing out with a bigger target of ($5500).
Keeping things simple.
Stay safe.
BTCUSD Inverse H/S - Christmas EditionBTCUSD painting a very clear Inverse H & S pattern, on a fairly large time frame. A bull's dream in the making.
All eyes on this, to see if it plays out, we're 75% through forming this right shoulder
A target of $5500 in sight if this works out.
Keepin' things simple
Trade Safe, Happy Holidays!