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Btcusdsell

BITCOIN: Bearish Pin Bar SignalBITCOIN (BTCUSD) – Cash: Selling On Retracement Higher To Within The Range Of Bearish Pin Bar Signal (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed a Bearish Pin Bar Signal late last week. Price moved lower from the Bearish Pin Bar Signal that had formed early last week (We suggested trading this signal in the June 28th, daily newsletter and hopefully some traders got on board). Price moved lower from within the range of the recent Bearish Inside Bar + ultra-small Pin Bar (Combo Setup) that had formed on Friday, June 17th (We have been considering selling the pullback to this setup since June 20th, weekly newsletter). Potential Trade Idea 1: We are considering selling on a retracement higher to within the range of the current Bearish Pin Bar Signal. Potential Trade Idea 2: We are considering selling on a retracement higher to within the range of the recent Bearish Inside Bar + ultra-small Pin Bar (Combo Setup) that had formed on Friday, June 17th. Potential Trade Idea 3: We are considering selling on a retracement higher and only after a price action signal, whilst price remains below the $25339 short-term resistance level.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN: Bearish Pin Bar SignalBITCOIN (BTCUSD) – Cash: Selling From Bearish Pin Bar Signal (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed a Bearish Pin Bar Signal overnight. The prior Bearish Pin Bar Signal that had formed early last week failed (We did not consider trading this signal). Price moved briefly lower from within the range of the recent Bearish Inside Bar + ultra-small Pin Bar (Combo Setup) that had formed last Friday, June 17th (We have been considering selling the pullback to this setup since June 20th, weekly newsletter, but we are still waiting for price to move substantially lower from this setup). Potential Trade Idea 1: For more aggressive traders, we are considering selling from the current Bearish Pin Bar Signal. Potential Trade Idea 2: We are considering selling on a retracement higher to within the range of the recent Bearish Inside Bar + ultra-small Pin Bar (Combo Setup) that had formed last Friday, June 17th. Potential Trade Idea 3: We are considering selling on a retracement higher and only after a price action signal, whilst price remains below the $25339 short-term resistance level.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN (BTCUSD): Inside Bar PatternBITCOIN (BTCUSD) – Cash: Selling On A Breakdown Of Inside Bar Pattern (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed an Inside Bar Pattern overnight. Price moved briefly lower from the prior Inside Bar Pattern that had formed last Thursday (We didn’t consider trading this pattern). Price moved briefly higher from the recent Bullish Pin Bar + Multiple Inside Bar (Combo Setup) that had formed around a week ago (We did not consider trading this setup). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Inside Bar Pattern. Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Bearish Fakey Setup.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN: Bearish Pin Bar Signal$BITCOIN ($BTCUSD) – Cash: The Bearish Pin Bar Signal triggered (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price moved lower from the recent Bearish Pin Bar Signal that had formed earlier this week (We suggested trading this signal in the May 11th, members' daily newsletter). Price significantly moved lower from the prior Multiple Inside Bar Pattern that had formed just above the 37559 prior short-term support level (Which is now a Key resistance level and an Event Area) over a week ago (We suggested trading this pattern in the April 29th, members daily newsletter). Price moved lower from the prior Bearish Pin Bar Signal (Event Zone) that had formed just under the 42608 short-term resistance over two weeks ago (We suggested trading this signal in the April 24th, weekly newsletter and hopefully some traders got on board). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a retracement higher whilst price remains below the recent Bearish Pin Bar Signal. Potential Trade Idea 2: We are considering selling on a retracement higher whilst price remains below the 37559 key resistance level and the recent Multiple Inside Bar Breakdown Pattern (Event Area).
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BTCUSD- SELL strategyIt is slowly moving lower, and think it is building up for a decline below $ 40,000 again. SELL strategy @ 46,500-47,500 still valid and place stop above $ 50,000 for safety. Bitcoin is unpredictable in terms of market movements, behaving different from the regulated currency pairs and other financial instruments. Ultimately am a believer that we will see very low levels in the long-term for BTC. For now trade it one way or the other and treat it with caution.
BITSTAMP:BTCUSDShort
by peterbokma
BTCUSD- SELL strategyIt appears I am always a seller, which is purely because I feel we are in SELL use I feel it's not similar to other financial instruments, and lacking underlying value. However, I always stated am not committing to it, and this remains the same until I see something that makes sense. For now, SELL strategy as it shows topping signals and we should see lower over time. We sell current $ 47500-48,000 and place stop above $ 50,000. The profit order somewhere $ 37,500.
BITSTAMP:BTCUSDShort
by peterbokma
8
BTCUSD-NEUTRAL I am really not certain on this one, and as mention a few times, I do not wish to trade it right now. There is no clear sign and besides, it's only movement is due to volume based on large tickets and flows. There are statements made that Crypto is having the same stats as GOLD. I am sorry, but I do not agree. I like the technology behind it, but only view Crypto to speculate if something feels right. Right now, it is still within a large range, and we are nearing the top, unless we break above $ 45,500 then $ 50,000 and higher might be seen. The long-term pattern suggest a large SHS top pattern and this brings ultimately the BTCUSD down to below $ 10,000. yes it seems crazy statement, but this is the technical picture for now. The short-term strategy is to SELL current $ 44ks and place stop above $ 46 k. The objective on downside should be near $ 35k again.
BITSTAMP:BTCUSDShort
by peterbokma
BTCUSD-SELL strategyThe overall picture of BTC looks shaky and we may see unbelievable low levels in the long-term. One has to thread carefully trading it. USA is looking into introducing digital currency as well. This could change the ball game for privately traded crypto is my personal view. From a trading perspective, the strategy may look the following: short-term SELL $ 40,000-41.500 and place stop-loss above $ 43,000. Profit order somewhere $ 34,500 Medium-term BUY $ 35,500-36,500 with a stop-loss 33,500 for now. Profit order somewhere $ 46,000 . The weekly chart is positive. Long-term SELL $ 40,000-$ 45,000 and place stop-loss $ 54,500. Profit order $ 15,500 for now.
BITSTAMP:BTCUSDShort
by peterbokma
1
BTCUSD-SEL strategyNo change in view and no commitment either. We have declined nicely, and we are now starting to be below cloud, which should mean further weakness. Also noting, that metals are on the rise, and really are the true safe heaven objects similarly as with US dollar strength we are seeing. Strategy still SELL @ 41,500-44,500 for a move to 35,500 for now. The bigger picture I feel is very negative, but it remains difficult as flows can change things a lot as we have seen.
BITSTAMP:BTCUSDShort
by peterbokma