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Btcusdsell

BTCUSD Trend and Wave AnalysisBitcoin and here the total crypto index forming a correction structure in the form of abc flat to complete the larger wave 4 and wave 4 has not been completed yet and there is a possibility of a fall to the specified targets In general, for cryptocurrencies, such a downturn can be considered until cryptocurrencies do not grow until bitcoin completes its own correction structure. The role of bitcoin for cryptocurrencies is like an index Check out my October 16 post about bitcoin warning of a drop that will drop to abc flat The wave you see in the future price on the chart is a schematic of a possible price trend and will not be formed just to clarify the possible price movement. This is a personal analysis and should not be considered a criterion for buying or selling. Please pay attention the profit and loss limits. Cryptos show emotional and unforeseen price behavior. I use Elliott and Price Action in my analysis, and my analysis is based on that. The structure of the Elliott wave count is complex and different patterns are formed in the chart, so there is a possibility of a change in the price movement of the price.
BITSTAMP:BTCUSDShort
by Sina-TFX
4
BITCOIN with probably 11% Correction!Hey tradomaniacs, Bitcoins price-action has formed an S/H/S-Pattern which should according to thge textbook cause a healthy 11% correction with the recent breakout if it gets confirmed as soon as the neck-zone gets re-tested. This correction would be very healthy for the current trend and could give bulls new DIPS to stack positions. Let`s see what happens :-) LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
BITSTAMP:BTCUSDShort
by Trading2ez
1
BTC trapping buyers for biggest crash!Hi there BTC still looks bearish and its trapping buyers, just look at the bigger picture of the chart, reversal pattern just right after a major top and a big wave down trapping buyers at the top of the market. Almost everywhere is calling for new tops , again , this is the typical sentiment of a final bull trap before the market crashes for the final wave down (Capitulation Phase). Also watch the DXY chart, getting ready for a breakout to the upside, which will not help BTC at all. Im shorting here TP 10000 bellow, this is a trade to hold for long term. Good luck
BITSTAMP:BTCUSDShort
by fernandoc17
29
Bitcoin in Correction mode. Will Hit 42.5K zoneBitcoin has broken lower channel have retested it. At this stage next support it can find is at 42500 zone. Most probably it should bounce off this support. However if it is unable to hold this support, then next support is at 40800 zone. If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks. Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Short
by Manjyot
3
BTCUSD shortThis is a classic Primed example of a trend short trade. By looking at the recent history of BTC movement we have seen the ATR go to historical highs (based on our settings) which would classify a trend start, currently, the ATR is stuck in almost a straight line, confirming that we should be in a downtrend at least for now. The rest of the system indicates that we should sell, price is at the 2nd layer of the fibs and showing good resistance so far with the RSI at its highs. The overall price action move is bearish, lower lows, lower highs. We might take profit earlier, at 123.6 or 138.2, we might also compound the trade. Wishing you all luck!
BITSTAMP:BTCUSDShort
by PrimedGroup
BTCUSD POTENTIAL NECKLINE RETESTPOTENTIAL NECKLINE RETEST ON BTCUSD. BULL AND BEAR SCENARIOS IF BTCUSD RETRACES TOWARDS RESISTANCE AND QUICKLY BOUNCES BACK DOWN, THERE IS MORE DOWNSIDE TO COME IN NEAR TERM. IF BTCUSD BREAKS FIRST RESISTANCE ZONE, WILL RETEST NECKLINE RESISTANCE, 1ST RESISTANCE ZONE BECOMES SUPPORT FOR THE BULLS. ALTERNATIVELY, IF BTCUSD FINDS A LARGE AMOUNT OF SELLERS AT NECKLINE, SUPPORT MAY NOT HOLD. IF BTCUSD CONTINUES TO DROP WITHOUT RETESTING, LOOK FOR BUYERS AT 35K THEN 30K FOR A BOUNCE.
BITSTAMP:BTCUSD
by JayHendrix