Get started

BTCUSDSHORTS

BTCUSD 2hrs COINBASE : MAY BULLTRAPBitcoin / Dollar 2hrs GDAX chart is looking in to famous upcoming 2018 Spring/start of summer BULLTRAP. MY PLAN and brainstorming at the same time is: 1. First of all always scale out at least a bit of your positions under the traders rule: SELL IN MAY AND WALK AWAY. Most of the times happen and this 2018 summer will be no different (my personal deadline is JULY 21st). 2. Though before that I still expect BTC stay above 8K hopefully. Dip down to 7.8K is still OK. But dip down to 7.2K and lower will be: a) People would get scared remembering 6k and 6.5k dip; b) or BTC would gain so much needed momentum upwards to break 10K voodoo zone. 3. My bet stays at this moment with b). I feel bullish until the end of May. 4. I hope Bulls wont be trapped in the zone and break vital 10K line soon. Targets 10.8K-14K before JULY 21st. 5. Take profits. Enjoy holidays. 6. Buy the dips over the summer. In 3K-5.7K zone if lucky 7. Watching it growing slowly in 2018 Autumn / 2019. Exploding again in 2020. The bottom line is IT IS NOT FINANCIAL ADVICE. Just 1 possible path of hundreds to choose. And OFC: When facts change. I change my mind.
COINBASE:BTCUSDEducation
by DeMarcus
SO many SPOT on calls it will make your mind explode. BTC begin rant. A lot of people have been posting really crappy charts lately, calls for BTC 20k, REALLY crappy Inverse Head and Shoulders patterns saying BTC is going to move and charts with no substance for a move to the upside other than fairy dust and pixies. I like looking at these charts to know what the NOOBS are thinking and how bad their charts are. If you are one of those people saying BTC is going to 20k in 1 month, please tell me why. Cause it ain't happening that quickly, if at all. It's pretty self explanatory right now. MACD us moving DOWN, RSI is moving DOWN. It's confirmed this head and shoulders on the small time frames and once we get a DAILY close below this neckline, it will FULLY confirm it and we are going down to 7k. Shut out the intraday noise and look at the big picture and see where it's going. Look, I am not shilling a service or a subscription. You know why? Because I ACTUALLY MAKE MONEY TRADING. You think these people shilling services make a lot of money doing it? Or are they just pre-occupied posting nonsense to get you to subscribe and sign up for their service? There are some that do and I can tell you who makes money and who is in the business of getting subscribers. It's easy to spot. I am VERY good at looking at over arching trends on the daily chart, calling swing trades. I think this is the best way to trade it right now as volatility has decreased drastically. If you are looking for a reason why BTC is going down. DON'T!! TONS of people have REALLY cheap BTC and will TAKE PROFIT. You want to make money? Follow my charts and you will. Do your OWN research. DON'T get emotional and hang on HOPING and praying it goes up. Don't stress, DON't (FOR THE LOVE OF ALL THINGS SACRED) use leverage. end rant. -Sherem My calls speak for themselves: When I started calling that BTC would go DOWN - Started calling the ETH top BEFORE ANYONE - CALLING THE ETH BOTTOM - CALLING THE BTC BOTTOM - CALLING THE DOUBLE TOP -
BITSTAMP:BTCUSDShort
by Sherem
50
BTCUSD :: Bull's Failed Longs Killing BTCBitcoin margin traders have been the primary cause of volatility, it would seem. What I see here is that for the most part, bears have much less impact on the market than the bulls (I would have thought the reverse!). True, a big bear paw helped knock BTC off the high horse, but the next day bulls started a path of self-destruction. This battle played out for a bit, with the bears seeming more strategic and the late coming bulls having major FOMO. The early bulls falsely inflated the CCI which was easy to do the day after all those shorts opened. The price continued to go downward as people took their profits before they weren't profits anymore and this caused a lot of bull nuts to be squeezed. Everyone decided to give it another shot and, you can see that as L&S activity stabilizes the market tries to return to normality...which has been a down trend but it's trying to normalize the 6-11K range. The long bulls finally gave up in the last week of march, falsely *deflating* the market as they had done previously. At this point every has had their ass torn from both directions and I'm lmfao at how all these smart people out smart themselves. I, having no financial eduction or even skills or responsibility, have also had my ass handed to me so .. This pot is also black. Everyone had a good LOOONG as week to analyze the crap out of every micro & macro pattern possible and a lot that aren't. As mentioned, the bears seemed more strategic and you can see that a large number of shorts were opened at the PERFECT time.. when the 100 MA is crossing the 200 .. AND the market is hitting nearly 200 on the CCI. The rest of the week was mostly Joe Blow grabbing big handful of FOMO. He's the one who is going to cry elephant tears. :( We're at a crazy pinnacle of resistances from literally every direction and that hammer is super crazy ready to pounce on a market full of bulls who have run out of steam driving their precious lambo straight into the ground. Ironic eh?
KRAKEN:BTCUSD
by lazytrade
17
BTC SHORTS REKT . BULL RUN COMING . Pull back expectedA short squeeze is a big risk associated with short selling. If the price starts to rise rapidly, the trend may continue to escalate because the short sellers will likely want out Two measures useful in identifying the commodity at risk of a short squeeze are (a) short interest and (b) short-interest ratio. Short interest refers to the total number of shares sold short as a percentage of total shares outstanding, while short-interest ratio (SIR) is the total number of bitcoins sold short divided by the bitcoin’s average daily trading volume. Keep in mind that when a short position gets closed it actually creates a buy order. After a prolonged period of moving within the range, stop losses start to pile up. And so, even a small movement in the market can trigger a chain reaction of stop losses all at once and lead to a breakout on the charts, which we’ll get to below.
BITFINEX:BTCUSDSHORTSLong
by marketcyclescrypto
9
BTCUSDSHORTS setting up for a huge dropBTCUSDSHORTS is an index of the number of leveraged shorts for BTC on the exchange. This peaked recently at 40k and dropped very fast when BTC rallied from 6.8k to 8k. The reason the price rallies so hard in a short squeeze is because leveraged shorts have to cover - essentially market buying the underlying - forcing the price up faster than expected. BTCUSDSHORTS has painted a nice rising wedge (bearish chart pattern) and fallen out of it. ITs attempting to recapture the breakdown. If this was a stock, index, or future it would be a short - essentially short the shorts. How will it play out for this index though? Its not a stock index or future, its an index of number of short sellers. if the index drops then expect BTC price to rise sharply once again. Timescale, next ~1-2 weeks
BITFINEX:BTCUSDSHORTSShort
by DatCryptoBoi
1
BTCUSD :: Meet the 1 2 Knockout - No Moon Tonight100 MA has just slapped BTC right in the teeth as it cracked the top of the pennant. Will it make it to the 200 MA? It's also converging with the Gann fan 1/1 S&R line set at the pinnacle of BTC price. The MACD has also crossed on the 1 hour, heading for a 4 hour cross. It's gonna be brutal. 20/50/100/200 MAs. Right now BTC is meeting Mr. 100 and not far to go if he goes through the 20 he meets with the bearish side of it's bullish Gann Fan and from there should smash the 50 at which point the bottom becomes a very long way down indeed. BTC, btw, has never been below the 200 until Feb and never back above it. No moon tonight.
COINBASE:BTCUSDShort
by lazytrade
17