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Btcusdshort

Short position openedI invest in Bitcoin, and don’t usually trade. However, I can see a pretty bearish setup unfolding. Trade set up: Entry price: 85341.66 (black line in 4H) Stop loss: 87,962 (red line in 4H chart, just above the previous week high) Target 1 - 80.971 (green line, previous week low and Fib 0.5 level in Daily chart) Target 2 - 78, 253 (green line in 4H chart, previous month low, approx 50% encroachment zone of fair value gap in daily chart . Reasons: Weekly: MACD is still in the bull territory but MACD lines are clearly moving to the downside. The price has retraced to 50% of the massively bearish red candle of(March 3rd weekly candle) and now resuming to move to the downside. Daily: RSI and MACD are both in the bear territory and it looks like they are rolling back to the downside in the bear territory, which is pretty bearish. The price has dropped and closed below the ascending trend line. 4H: The price has been travelling inside the ascending parallel channel, but it is dropped and closed below the bottom line. Both MACD and RSI are deep in the bear territory.
COINBASE:BTCUSDShort
by EbonyFalcon
TC/USD Bearish Flag Breakdown Targeting 81,660 Support ZoneThis is a 1-hour BTC/USD (Bitcoin/US Dollar) chart showing a bearish setup. Here's the breakdown: --- Key Observations: 1. Bearish Rejection Zone (Purple Box - ~83,174.62): Price is showing rejection at a key resistance zone. Both the 30 EMA and 200 EMA are above current price, adding downward pressure. 2. EMA Analysis: 30 EMA (Red Line): ~83,174.62 – acting as dynamic resistance. 200 EMA (Blue Line): ~83,715.92 – strong long-term resistance. Price is below both EMAs, reinforcing bearish sentiment. 3. Pattern Analysis: Bearish flag/wedge breakdown has already occurred. Target projection based on measured move suggests a ~1.44% downside. Anticipated drop towards 81,660.29, which aligns with prior support zone. 4. Price Action: Recent breakdown from a small rising channel (bear flag). Pullback to resistance (purple zone) seems complete, and continuation downward is expected. --- Strategy Summary: Bias: Bearish Entry Zone: Near 83,174.62 (already rejected) Target: 81,660.29 Stop Loss Idea: Above 83,715.92 (EMA 200)
CRYPTO:BTCUSDShort
by EA_GOLD_MAN_COPY_TRADE
Btcusd signal Bitcoin (BTC) traded above $84,000 on Friday, showing strength despite the stock market experiencing significant declines. The market reaction stems from United States (US) President Donald Trump's clash with the Federal Reserve (Fed) Chairman Jerome Powell over interest rate decisions. In the wake of imposing reciprocal tariffs on international trading patterns, President Trump called out Jerome Powell on his social media platform Truth Social, stating that this is a perfect time for the Fed to cut interest rates. He also claimed that Powell is "always late" and could seize this opportunity to "change his image." Trump further stated that Powell needs to "stop playing politics" concerning the lowering of interest rates.
Short
by Stiven088
Short The price is consolidating between 89,000 and 76,500 zone.  But  I can see another downward move to 76,500 is developing. Where I drew blue rectangular blocks and red vertical lines in the chart (Feb and March 2025) are the very similar set up as the current situation as follows: 1) The market creates the set up where it looks like the price is slowly recovering and pushes above EMA200. 2) The reverses aggressively to the downside (liquidity sweep). 3) The price consolidates in the very tight range. 4) Momentum indicators move into the bear zone.   I already have one small short position, but once RSI and MACD enter the bear zone and the price stays below VWAP (purple line drawn from the August 24 low) and also closes below the buy order block (green box), I will open another short position. Stop loss - above EMA 200 in 4H chart.  Target - 76,540
COINBASE:BTCUSDShort
by EbonyFalcon
USDT Dominance Good for Bitcoin price actionHello everyone! I want share my price analysis at USDT Dominance. The reason i am making Bitcoin price action analysis at USDT Dominance is here chart is more clear and gives me better view of what is happening at market. After Trump inauguration day most of retail traders excepted bullish bitcoin, but we saw strong sellers, that means bitcoin will find new strong buyer and it will reach new high then, but i think the new high will be maybe 2026 or 2027. if we will look at USDTD we will see the price action is still uptrend, but not too strong it tested well support after 1D double bottom and went higher. my price prediction will be it will test 6.75 were it will get huge reaction, but the price will come back second time and we need to wait for that moment, if we will get same price reaction, it will be start of bullish bitcoin, at the moment i think bitcoin will be at 55000 or 60000, but if USDTD will brake 6.75 then we need to wait Bitcoin at 40000-45000. We will see what will happen that's only my opinion it will happen. Always make your own research
CRYPTOCAP:USDT.DLong
by elmakacho
Bitcoin (BTC/USD) – Bearish Breakdown & Key Levels to WatchMarket Overview: Bitcoin is trading at $84,185, showing a +1.63% increase. The price action suggests a potential breakout towards the upside. 🔹 Chart Structure: BTC has been consolidating in a range-bound structure after a sharp upward move. Previous rising wedge patterns led to corrections, but the price is holding key support levels. A breakout setup is forming with a target towards $88,500 – $90,000. 🔹 Key Levels to Watch: ✅ Resistance: $85,249, $86,934, $88,500, $90,000 ✅ Support: $82,000, $81,400 🔹 Potential Trade Setup: 📈 Bullish Scenario: If BTC holds above $84,000, a push towards $86,500 – $88,500 is likely. A breakout above $88,500 could lead to $90,000+. 📉 Bearish Scenario: If BTC rejects $85,000, a pullback to $82,000 – $81,400 may occur before another move up. 🔹 Conclusion: Bias: Bullish above $84,000 Target: $88,500 – $90,000 Invalidation: Below $81,400 Would you like a more detailed trade plan with stop-loss and entry points? 🚀
BINANCE:BTCUSDShort
by PIPsOptimizer
Bitcoin (BTC/USD) 4H Chart Analysis – Professional BreakdownBitcoin (BTC/USD) 4H Chart – Detailed Professional Analysis This chart presents a Rectangle Pattern, a common consolidation structure in technical analysis. The price has been oscillating between a well-defined resistance level near $88,000 - $89,000 and a support level around $80,000 - $81,000. This pattern suggests an upcoming breakout, with bearish continuation being the most probable scenario. Understanding the Rectangle Pattern A rectangle pattern forms when price moves sideways, trapped between two horizontal levels. Traders watch for a breakout in either direction to determine the next trend. In this case, Bitcoin has tested the resistance multiple times but failed to break above, indicating strong selling pressure. Meanwhile, support has been retested several times, which weakens its strength over time. A bearish breakdown is likely because: Buyers appear unable to push past resistance, showing exhaustion. Support has been tested multiple times, which increases the chance of a breakdown. The dotted black trendline is now being tested, and a break below it would further confirm bearish momentum. Trade Setup for a Breakdown A short trade becomes valid only if Bitcoin breaks below the $81,000 - $82,000 support zone with strong momentum. The price must close below this level to confirm the move. How to Enter the Trade? Look for a strong bearish candle close below the $81,000 - $82,000 range. If Bitcoin retests this broken support (now acting as resistance), this can be a secondary short entry point. Once confirmation is seen, open a short position. Stop Loss Placement To protect against false breakouts, a stop loss should be set above the $88,457 resistance zone. If the price moves back into the rectangle and surpasses this level, it means the bearish setup is no longer valid. Profit Target and Trade Expectation The expected take profit target is $73,541. This is calculated using the measured move projection, meaning the height of the rectangle is subtracted from the breakdown point. If Bitcoin reaches this level, the trade will have successfully captured the bearish momentum. Market Psychology Behind This Move The repeated failure to break above resistance ($88,000 - $89,000) signals weak buying interest. Buyers have been stepping in at support, but each retest of the $80,000 - $81,000 zone makes it more vulnerable. Once support finally breaks, several factors will accelerate the move: Long positions will be forced to sell, increasing selling pressure. Breakout traders will enter new short positions, pushing price further down. Liquidity below support will be triggered, causing Bitcoin to fall sharply toward the $73,541 target. Invalidation Scenario (Bullish Case) If Bitcoin breaks above $88,000 - $89,000 and holds, the bearish setup becomes invalid. In that case: The price would shift into a bullish continuation pattern. Traders should avoid shorting and instead look for buying opportunities above resistance. Final Thoughts This is a high-probability bearish setup, but patience is key—wait for confirmation before entering. Risk management is crucial : The stop loss at $88,457 ensures that losses are minimized if the market moves against the trade. If Bitcoin remains inside the rectangle, traders can buy at support and sell at resistance until a breakout occurs.
BITSTAMP:BTCUSDShort
by GoldMasterTrades
Bitcoin (BTC/USD) Rectangle Pattern Breakdown – Bearish Move1. Overview of the Chart & Market Context The chart provided represents Bitcoin (BTC/USD) on the 1-hour timeframe, published on TradingView. This analysis highlights the rectangle pattern formation, key support and resistance levels, and a potential short trade setup with defined risk management. The market structure suggests a bearish outlook, as Bitcoin attempted to break above a resistance level but failed, leading to a sharp decline. The price action now indicates further downside movement, aligning with a rectangle pattern breakdown. 2. Rectangle Pattern Formation What is a Rectangle Pattern? A rectangle pattern is a consolidation phase where price moves sideways within a defined range, forming multiple touches at resistance and support before a breakout occurs. It can serve as a continuation or reversal pattern, depending on the breakout direction. In this case, the pattern has resulted in a bearish breakout, indicating that sellers have taken control of the market. Key Characteristics of This Rectangle Pattern: The upper boundary (resistance) is at 88,333 USD, where price repeatedly failed to break higher. The lower boundary (support) is at 78,044 USD, which acted as a strong floor but is now under pressure. The price moved within this range for an extended period, showing a balanced battle between buyers and sellers. A failed breakout at resistance, followed by a sharp rejection, signals a bearish reversal. 3. Breakdown of Key Levels & Market Structure A. Resistance Level – 88,333 USD This level has been tested multiple times, but price failed to hold above it. The recent failed breakout led to a strong bearish rejection, confirming resistance. The price action formed a bearish engulfing candlestick, adding to the bearish bias. B. Support Level – 78,044 USD This zone has previously provided multiple bounces, showing strong buying interest. However, with the recent break below this level, it may now act as resistance. If the price retests this area and fails to break above, it confirms a bearish continuation. C. Price Rejection and Market Structure Shift The formation of lower highs and lower lows signals a transition from consolidation to a downtrend. The price broke out of the rectangle pattern to the downside, confirming a bearish breakout. If the support at 78,044 USD fails, the price may continue dropping toward 73,678 USD. 4. Trade Setup & Execution Plan 🔹 Entry Strategy A short position is initiated after the bearish rejection at resistance (88,333 USD). The breakdown of the rectangle pattern strengthens the short setup. The price may briefly retest the broken support (78,044 USD) before continuing downward. 🔹 Stop-Loss Placement The stop-loss (SL) is placed above 88,333 USD, ensuring that if price moves against the trade, risk is minimized. This protects against any unexpected bullish reversal. 🔹 Profit Targets (Take Profit - TP) TP1: 78,044 USD (previous support level) – A conservative target. TP2: 73,678 USD (deeper support) – If bearish momentum continues, this is the extended target. Trade Component Details Entry Short after rejection at 88,333 USD Stop-Loss (SL) Above 88,333 USD Take Profit 1 (TP1) 78,044 USD Take Profit 2 (TP2) 73,678 USD Confirmation Breakout & retest of support Risk-Reward Ratio Favorable (defined SL & TP) 5. Expected Price Action and Market Behavior 🔻 Bearish Scenario (Most Likely Outcome) The price will continue to fall towards TP1 (78,044 USD) due to selling pressure. If 78,044 USD fails to hold, Bitcoin is likely to test the next major support level (73,678 USD). The structure of lower highs and lower lows supports the downtrend. 🔺 Bullish Scenario (Invalidation of the Short Setup) If Bitcoin breaks above 88,333 USD, the bearish outlook is invalidated. This could signal a potential trend reversal or bullish breakout. 6. Technical Indicators Supporting the Analysis Several technical indicators can be used to confirm the bearish outlook: 📉 RSI (Relative Strength Index): If RSI is below 50, it confirms bearish momentum. If RSI is oversold (<30), a temporary bounce may occur. 📉 Moving Averages: If the 50-period MA crosses below the 200-period MA, it confirms a bearish trend. If price is below both MAs, it strengthens the bearish setup. 📉 Volume Analysis: A high selling volume during the breakdown indicates strong bearish conviction. If volume spikes near support levels, a potential bounce could happen. 7. Summary of Key Findings Pattern Identified: Rectangle pattern with a bearish breakout. Market Structure: Price formed lower highs and lower lows, signaling a downtrend. Trade Setup: Short trade after rejection at 88,333 USD. Stop-loss above 88,333 USD to manage risk. Profit targets at 78,044 USD (TP1) and 73,678 USD (TP2). Risk Management: Clear stop-loss and take-profit levels ensure a controlled risk-to-reward ratio. If price moves against the trade, the stop-loss prevents excessive losses. Technical Indicators: RSI, Moving Averages, and Volume Analysis confirm the bearish outlook. 8. Final Thoughts & Trading Plan Implementation This analysis presents a high-probability bearish trade setup using the rectangle pattern breakdown strategy. With proper risk management, traders can execute this short trade with a structured plan. 🔹 Actionable Trading Plan: Wait for price confirmation – If BTC retests the broken support (78,044 USD) and rejects, this strengthens the trade idea. Execute the short trade – Once confirmation occurs, enter a short position. Manage risk appropriately – Stick to the stop-loss above 88,333 USD. Monitor price action – Adjust take-profit levels based on momentum and support breaks. If the price invalidates the setup by breaking above resistance, it is crucial to exit the trade and re-evaluate the market conditions. Conclusion: This Bitcoin (BTC/USD) rectangle pattern breakdown analysis provides a clear bearish trade setup, supported by market structure, technical indicators, and price action. The well-defined entry, stop-loss, and take-profit levels ensure a structured risk-reward ratio, making this a viable short trade opportunity.
BITSTAMP:BTCUSDShort
by GoldMasterTrades
Bitcoin (BTC/USD) Breakdown – Rising Wedge Signals Further Drop!1. Chart Overview This 4-hour BTC/USD chart from BITSTAMP presents a well-defined Rising Wedge pattern, which is a bearish reversal structure typically signaling an upcoming price decline. After a strong upward movement, Bitcoin formed a wedge pattern with higher highs and higher lows converging. This indicates weakening bullish momentum, leading to a confirmed breakdown. 2. Key Technical Elements & Market Structure A. Rising Wedge Formation (Bearish Pattern) A rising wedge is a bearish reversal pattern that appears after an uptrend, showing gradually weakening buying pressure. The chart shows that price action was following an upward sloping support and resistance trendline. The higher highs and higher lows formed within the wedge indicate a loss of bullish momentum. Eventually, the price broke below the lower trendline, confirming a bearish breakdown. B. Breakdown Confirmation A decisive bearish candle broke below the wedge's lower trendline, confirming the downward move. After breaking down, the price attempted a small retest of the wedge’s support, which has now turned into resistance. This successful rejection from the previous support adds to the bearish confirmation. C. Support & Resistance Levels Resistance Level ($88,547): This zone acted as a strong supply area, where previous bullish moves were rejected. If BTC/USD attempts to recover, this area may provide selling opportunities. Support Level ($79,193): This is the next downside target, aligned with previous price consolidation zones. A break below this support could trigger further selling pressure. 3. Trading Setup & Strategy A. Short Trade Setup Entry Point: After BTC/USD confirmed the breakdown of the rising wedge. Stop Loss: Placed slightly above the $88,547 resistance level to limit risk. Target Price: A decline towards $79,193, which aligns with the previous major support zone. B. Bearish Market Sentiment BTC/USD is currently trading below the wedge, reinforcing bearish bias. A successful retest of the broken wedge support would validate further downside continuation. If price remains below the $85,000 level, sellers are likely to maintain control. 4. Market Outlook & Next Price Action Bearish Scenario If BTC fails to reclaim the wedge breakdown level, further downside is expected. A breakdown below $80,000 psychological level could increase selling momentum toward $75,000-$77,000 levels. Volume analysis suggests that selling pressure is increasing. Bullish Scenario (Invalidation) If BTC/USD reclaims the $88,547 resistance and closes above it, the bearish bias could weaken. Bulls need to break above the rising wedge resistance trendline for a reversal. 5. Conclusion & Trading Plan The Rising Wedge pattern breakdown confirms a bearish outlook for BTC/USD. The risk-reward ratio for a short trade is favorable, targeting a move down to $79,193. Traders should watch for volume confirmation and trend continuation signals before entering. Key Takeaways ✅ Bearish Bias confirmed after the Rising Wedge breakdown. ✅ Short Position setup with entry, stop loss, and target defined. ✅ Resistance at $88,547 - Failure to break above it strengthens the bearish case. ✅ Target at $79,193 - A strong support area where buyers may step in. 6. Tags for TradingView Post #BTC #Bitcoin #Crypto #TradingSetup #TechnicalAnalysis #CryptoTrading #BearishPattern #RisingWedge #Breakdown #ShortTrade #PriceAction #SupportResistance #MarketAnalysis Would you like any further refinements or additional insights? 🚀
BITSTAMP:BTCUSDShort
by GoldMasterTrades
Why We Are Expecting a Short Position in BTCUSD: Detailed Analys1. Breakout from Consolidation Phase BTCUSD has recently broken out of a prolonged consolidation phase, which is a strong indicator of a potential shift in market sentiment. Consolidation typically occurs when price moves within a narrow range, as buyers and sellers remain in equilibrium. This phase often acts as a buildup for a significant breakout in either direction. Recent Price Action: BTCUSD was trading in a tight range, forming a horizontal consolidation zone with well-defined support and resistance levels. This range was consistently tested, but no decisive movement occurred until the recent downside breakout. Significance of Breakout: The breakout below the consolidation zone signals that the sellers have gained control, leading to an increase in bearish momentum. A decisive breakout from consolidation often results in strong directional movement, favoring the breakout direction. 2. Break of Previous Low – Confirmation of Bearish Trend One of the most compelling reasons to initiate a short position is that BTCUSD has broken below a significant previous low. Previous Low as Support: The prior low acted as a critical support level that was tested multiple times during the consolidation period. When price decisively breaks below this level, it suggests that the support has failed, indicating increased selling pressure. Breakout Confirmation: A confirmed breakout below the previous low typically attracts more sellers and triggers stop-loss orders placed by buyers, leading to a further downward push. This kind of price action is a strong confirmation that the bearish trend is likely to continue. 3. Retest and Better Entry Opportunity Ideal Short Entry: After the initial breakout, BTCUSD may retest the broken support (now acting as resistance), providing an ideal opportunity to enter a short position. Retests often occur when price temporarily pulls back toward the breakout zone, giving latecomers a chance to enter at a better risk-reward ratio. If the retest is rejected near the previous support level (now resistance), it reinforces the validity of the breakout and provides a high-probability short entry. Low Risk, High Reward Setup: Entering after a retest allows placing a stop-loss slightly above the previous support-turned-resistance zone while targeting the next key support level, enhancing the risk-reward ratio. 4. Increased Bearish Momentum and Volume Confirmation Volume Spike on Breakout: A breakout accompanied by high volume further validates the move. Volume often acts as a confirmation that the breakout is genuine and not a false move. The increase in selling volume confirms that more market participants are aligned with the bearish outlook. Momentum Indicators: Momentum indicators like RSI and MACD are showing bearish divergence or have moved below key levels, suggesting that downward momentum is increasing. A break below the consolidation zone with rising bearish momentum adds further conviction to the short trade. 5. Macro and Sentiment Analysis Supporting Bearish Outlook Macroeconomic Factors: Broader market factors, such as increased risk aversion in global markets, regulatory concerns, or bearish sentiment surrounding cryptocurrencies, further strengthen the bearish case. Sentiment Shift: A shift from bullish optimism to bearish sentiment among traders often accelerates the downtrend, as fear takes over and more sell orders flood the market. 🎯 Target and Risk Management Primary Target: Initial target would be the next major support level, which can be identified through historical price levels or Fibonacci extensions. Stop-Loss Placement: Stop-loss should be placed slightly above the retested resistance level to minimize risk in case of a false breakout. ✅ Summary: We are expecting a short position in BTCUSD primarily because: A strong breakout occurred after a prolonged consolidation. Price broke below a key previous low, confirming a bearish trend. A potential retest provides a better entry point with low risk and high reward. Volume and momentum indicators support the continuation of the downtrend. This setup presents an excellent opportunity to capitalize on the bearish momentum in BTCUSD. 🚀
COINBASE:BTCUSDShort
by baladeva
Bear cycle begins if this happens. Not the time of buy the dipI have been thinking this Bitcoin cycle has already peaked.   I am using a weekly chart here because I can fit in three BTC cycles on the screen, but it is more clear if you look at it in the Daily chart.  I am analysing the chart by using VWAP - Volume weighted moving average. When you place VWAP (orange line) at the peak of each cycle you can see the pattern as below: 1) The price goes down steadily from the suspected peak price but eventually breaks above the descending trendline.  (please check it in daily chart).  2) The price moves and closes above the descending trendine but the upside move is limited and price gets trapped and consolidate in the sideway for a few months (blue rectangular box).    3) VWAP acts as resistance line and eventually resumes the downside move. 4) By then, all momentum indicators are deep in the bear zone, and the bear cycle begins. When I look at weekly and daily chart, I can see the same scenario is unfolding now.  I don't think the price will go straight down from here. There are good small swing trade opportunities in lower time frame for the next few months. However, if the price struggles to move above VWAP, the end of cycle scenario becomes more and more convincing. It is just my humble opinion based on one style of analysis. Final note: Bitcoin price action has been very similar to NASDAQ100 and US500, and these charts are looking very dire. If US indices go down in the the next few months, Bitcoin will go with them.
COINBASE:BTCUSDShort
by EbonyFalcon
Is Bitcoin going to start rising?The latest U.S. economic data has brought significant impacts. The core PCE inflation witnessed a 0.4% month - on - month increase, hitting the highest growth in a year, with a year - on - year rise of 2.8%, exceeding market anticipations. Meanwhile, the long - term inflation expectation from the University of Michigan has soared to a 32 - year high, intensifying market concerns about inflation's resurgence. Currently, the market remains enveloped in macro - risks, pending a softening of market sentiment. Turning to the Bitcoin market, as depicted in today's price trend (the current BTCUSDT price is $82,338.01, dropping by $2,086.37, a 2.47% decline), the K - line chart analysis indicates a downward trend. The Williams indicator signals an oversold condition. Additionally, trading volume has contracted recently, with both price and volume decreasing, suggesting a sluggish and inactive market. Nevertheless, if Bitcoin can stabilize above $82,000 and there are signs of capital reflux, gradual position - building may be considered, with a target price set above $90,000. Investors must recognize that the Bitcoin market brims with uncertainties. Variables such as forthcoming U.S. economic data, regulatory policies, and geopolitical scenarios will all sway Bitcoin prices. In this volatile financial landscape, meticulous analysis and judicious decision - making are of utmost importance for investors navigating the Bitcoin market. BTCUSDT buy@82000-83000 tp:84500-86500 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
BITSTAMP:BTCUSDLong
by JohnGonzalez7
1
U.S. Econ Shocks: Bitcoin & Profit SignalsThe latest U.S. economic data has brought significant impacts. The core PCE inflation witnessed a 0.4% month - on - month increase, hitting the highest growth in a year, with a year - on - year rise of 2.8%, exceeding market anticipations. Meanwhile, the long - term inflation expectation from the University of Michigan has soared to a 32 - year high, intensifying market concerns about inflation's resurgence. Currently, the market remains enveloped in macro - risks, pending a softening of market sentiment. Turning to the Bitcoin market, as depicted in today's price trend (the current BTCUSDT price is $82,338.01, dropping by $2,086.37, a 2.47% decline), the K - line chart analysis indicates a downward trend. The Williams indicator signals an oversold condition. Additionally, trading volume has contracted recently, with both price and volume decreasing, suggesting a sluggish and inactive market. Nevertheless, if Bitcoin can stabilize above $82,000 and there are signs of capital reflux, gradual position - building may be considered, with a target price set above $90,000. Investors must recognize that the Bitcoin market brims with uncertainties. Variables such as forthcoming U.S. economic data, regulatory policies, and geopolitical scenarios will all sway Bitcoin prices. In this volatile financial landscape, meticulous analysis and judicious decision - making are of utmost importance for investors navigating the Bitcoin market. BTCUSDT buy@82000-83000 tp:84500-86500 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Long
by JohnGonzalez7
2
Observing BTC to down for a whileBTC/USD Forming an Inverted Flag and Pole Pattern – Potential Bearish Signal Current Market Structure: BTC/USD is currently displaying a classic Inverted Flag and Pole pattern, which is a bearish continuation formation indicating that the market may be preparing for a downside move. This pattern typically forms after a strong downward price movement (the pole), followed by a period of consolidation or a slight upward retracement that forms the inverted flag. 1. Formation Breakdown: Pole Formation: The pole was formed after BTC/USD experienced a sharp decline from recent highs, characterized by strong bearish momentum and high volume. This steep price drop signifies increased selling pressure, often triggered by a combination of profit-taking, liquidation of leveraged positions, and macroeconomic uncertainty. Flag Formation: Following the pole, BTC/USD has entered a consolidation phase, creating a slight upward or sideways retracement. This phase forms a channel or wedge-like pattern that slopes slightly upward or horizontally. The flag reflects a temporary pause where buyers attempt to regain control, but the low volume and weak bullish pressure indicate a lack of conviction in sustaining the upward movement. 2. Key Characteristics to Note: Volume Behavior: During the pole formation, volume was significantly high, confirming strong selling interest. In the flag phase, volume has tapered off, suggesting that the upward movement lacks the strength to reverse the previous bearish trend. Resistance and Support Levels: BTC is currently testing the upper boundary of the flag, near the $ resistance. If this level holds and BTC fails to break out, a reversal towards the lower end of the flag is likely, followed by a potential breakdown. Support to watch lies around the $ zone, which aligns with the pole’s base and a potential target for the next bearish leg. 3. Expected Market Behavior: Bearish Continuation Likely: If BTC breaks below the lower boundary of the flag, it is likely to resume its prior bearish trend. The next downside target is typically measured by projecting the length of the pole downward from the breakdown point, potentially bringing BTC to levels around $ . A breakdown with strong volume confirmation would further validate this bearish move. Invalidation Scenario: If BTC breaks above the flag’s resistance zone with convincing volume, the bearish pattern may be invalidated, potentially leading to a retest of higher resistance levels around $ . 4. Market Sentiment and External Factors: Macro Influences: Ongoing concerns regarding regulatory changes, interest rate hikes, and broader economic uncertainty may further weigh on BTC’s price. Trader Behavior: Institutional selling and retail panic could accelerate the downward momentum once the pattern confirms the breakdown. Conclusion: BTC/USD’s current pattern suggests that a period of downside correction is likely. Traders should monitor key support and resistance levels closely, along with volume confirmation to assess the next leg of price action. A confirmed breakdown from the flag structure may signal a continuation of the bearish trend, while a breakout above resistance would invalidate the bearish setup.
COINBASE:BTCUSDShort
by baladeva
Bitcoin Weekly Forecast | Rising Wedge Breakdown & Bearish MoveIntroduction This Bitcoin (BTC/USD) 1-Day Chart Analysis highlights a critical market development: the breakdown of a Rising Wedge pattern, signaling a potential bearish trend. After reaching a new all-time high (ATH) resistance, BTC has shown weakness, confirming a possible reversal. This analysis covers key levels, trend structure, trading setups, and market psychology for traders looking to capitalize on this move. 1️⃣ Understanding the Chart Structure Rising Wedge Pattern – A Classic Bearish Reversal A Rising Wedge is a bearish technical formation that develops when prices rise within a narrowing range. It typically features: ✅ Higher Highs & Higher Lows: Suggesting bullish momentum, but the price action becomes weaker over time. ✅ Converging Trendlines: Showing a loss of buyer strength as each rally fails to make significant new highs. ✅ Volume Decline: As the wedge matures, volume decreases, confirming reduced buying interest. ✅ Breakdown Confirmation: A sharp drop below the lower trendline validates the bearish move. In this case, BTC followed all the classic wedge characteristics, and its breakdown has initiated a potential major correction. 2️⃣ Key Levels & Market Dynamics 🔵 Resistance Level + All-Time High (ATH) (~$110K-$115K) BTC reached its ATH resistance zone but failed to hold above it. The red arrow indicates the rejection at the top, where strong selling pressure emerged. Bulls attempted multiple breakouts but failed, leading to a reversal. 🟢 Support Zone (~$78K-$80K) – Weak Retest Before Breakdown The price initially bounced off this support but struggled to hold gains. The blue support level highlights a key zone where BTC found temporary stability. A weak rally followed, but the price got rejected again, confirming the bearish trend. 🔻 Major Bearish Target (~$48,920) Using the measured move theory, the projected drop extends to $48,920, a strong historical support. The black arrow points to the expected downward trajectory. 3️⃣ Trading Setup & Risk Management 🔽 Bearish Trade Setup (Short Position Strategy) For traders looking to short BTC based on this pattern, here’s an optimal trade setup: 🔸 Entry Point: Around $85K-$90K (post-retest of breakdown) 🔸 Stop Loss: Above $100K (invalidation of the bearish setup) 🔸 Take Profit Targets: TP1: $75K (minor support) TP2: $60K (psychological level) TP3: $48,920 (final bearish target) Alternative Scenario – Bullish Recovery? If BTC reclaims $100K+ with high volume, the bearish thesis is invalidated, signaling a continuation of the uptrend. A break above ATH ($115K) would confirm new bullish strength. 4️⃣ Market Sentiment & Psychological Factors 📉 Bearish Sentiment Strengthens: Rising Wedges often cause a bull trap, where buyers expect new highs but get caught in a reversal. Current price action suggests sellers are gaining control. ⚠️ Key Risks for Traders: False breakdowns can occur if BTC sees unexpected bullish news. Keeping an eye on fundamental developments (ETF approvals, macroeconomic conditions, etc.) is essential. Conclusion – BTC Heading for a Deeper Correction? Bitcoin’s Rising Wedge breakdown strongly suggests a continued bearish trend. Short opportunities are ideal below $90K, with downside targets near GETTEX:48K -$50K. If BTC regains $100K+, bearish outlook is invalid. 📊 Trading Recommendation: Monitor price action closely and adjust risk management accordingly! Would you like me to tweak any part of this analysis? 😊
BITSTAMP:BTCUSDShort
by GoldMasterTrades
Bitcoin (BTC/USD) Trading Analysis – Rectangle Pattern Breakdown1. Market Overview The BTC/USD chart (1-hour timeframe) illustrates a trendline-supported uptrend that eventually transitioned into a rectangle consolidation pattern before breaking downward. The market displayed signs of buyer exhaustion near the resistance level, leading to a rectangle pattern breakdown, confirming a bearish shift. This analysis will break down the chart structure, key technical levels, potential trade setups, and risk management strategies for traders looking to capitalize on this move. 2. Breakdown of the Chart Structure A. Trendline Breakout & Shift in Market Sentiment The chart initially exhibits an ascending trendline, acting as dynamic support for Bitcoin’s price. As long as BTC/USD remained above this trendline, the uptrend was intact. However, once the price broke below the trendline with strong bearish momentum, it signaled a significant shift in sentiment from bullish to bearish. The breakdown of the trendline also coincided with the rectangle’s lower boundary breakdown, confirming bearish strength. B. Rectangle Pattern Formation (Consolidation Phase) The price oscillated between resistance at $88,500 and support at $86,000, forming a rectangle consolidation pattern. This pattern reflects a period of market indecision where buyers and sellers are in equilibrium. Multiple failed breakout attempts at resistance signaled strong seller dominance, leading to eventual support failure. The rectangle breakdown suggests that bears have gained control and a downward move is likely. C. Breakdown Confirmation & Target Projection The price broke below the lower support of the rectangle ($86,000) with increased selling pressure. The bearish breakout was confirmed by strong red candles with high volume, reinforcing the downside move. The height of the rectangle pattern provides a measured move target of around $83,797, aligning with previous support. The momentum remains bearish, and price is likely to test this level before any reversal attempt. 3. Trade Setup & Risk Management A. Ideal Trade Entry Entry Point: After the price retested the broken rectangle support at $86,000, which now acts as resistance. Confirmation: The rejection from this resistance with a bearish engulfing candle confirmed further downside. Bearish momentum indicators, such as RSI and MACD crossovers, further validated the setup. B. Stop-Loss Placement (Risk Management Strategy) Stop Loss: Placed above the previous resistance zone at $88,969 to protect against false breakouts. Rationale: If price moves back into the rectangle and surpasses resistance, the bearish setup becomes invalid. C. Take-Profit Target & Risk-to-Reward Ratio Target: $83,797, based on the rectangle pattern height projection and key support levels. Risk-to-Reward Ratio: The setup offers a favorable risk-to-reward ratio, ensuring that potential gains outweigh potential losses. 4. Market Sentiment & Future Outlook A. Bearish Continuation Outlook The trendline failure, rectangle breakdown, and bearish candlestick patterns all suggest a continuation of the downtrend. If price fails to reclaim support-turned-resistance ($86,000), further downside is expected. Increased selling volume confirms bearish control. B. Possible Bullish Reversal Scenarios If BTC/USD bounces strongly from the $83,797 target zone, it could indicate buyer accumulation and lead to a bullish recovery. A move back above $86,000 would invalidate the bearish outlook. 5. Conclusion This BTC/USD analysis highlights a bearish rectangle pattern breakdown, reinforced by a trendline break and strong resistance rejections at $88,500. The breakout target is $83,797, where traders should monitor price action for further bearish continuation or potential reversal signs. Traders should approach with caution, set appropriate stop-loss levels, and follow volume trends for confirmation of further price movements.
BITSTAMP:BTCUSDShort
by GoldMasterTrades
Bitcoin Nears Breakout: Can Bulls Push Past $89K?Currently, the key support level for the price of Bitcoin is around $86,000. This level has played a supporting role several times in the recent price fluctuations. If the price can hold this position, it will provide strong support for subsequent upward movements. The key resistance level above is at $89,000. If the price of Bitcoin can break through and firmly stand above this resistance level, it is highly likely to initiate a new round of upward market; if it fails to break through, the price may continue to experience small - scale oscillatory rebounds within the current range. From a technical indicator perspective, the moving average indicates that Bitcoin has a short - term upward trend. The price has broken through the area where the signal line is located, indicating that the pressure from "digital gold" buyers is relatively high, and the asset value is likely to continue the upward momentum from the current level. However, the MACD indicator experienced a bearish crossover at the beginning of this week. Although the signal line is currently downward, the MACD line has started to move upward. Nevertheless, a trend reversal is unlikely to occur in the short term. In terms of the Relative Strength Index (RSI), this indicator has moved out of the oversold area and is currently in the neutral zone, indicating that the seller's market may have ended. The price of Bitcoin is expected to maintain its current position and may further rise within the next 5 - 7 days. BTCUSDT buy@86000-86500 tp:87500-88500 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Long
by JohnGonzalez7