BTCUSDSHORTS
Bitcoin Latest Technical AnalysisWe are doing Analysis of BTCUSDT on 3 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
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Adil Khan
BTCUSD PunishmentHere is the most awaited reversal and happened!
Remember this situation!
So looks like a market turnaround. But this does not mean that it will be an endless growth in the moment!
Total books: $65,315,916.76 (+26.76%)
Global Bids: $32,328,541.78 (+46.4%)
Global Asks: $32,987,374.98 (+7.52%)
The stage of getting rid of hamsters is already over.
The beginning of the 4-year cycle of Bitcoin .
The maximum price of a new next cycle is $ 230,000
Time to accumulate positions.
Like gold , Bitcoin likes to hurt traders.
Even in growing markets there is such a draining of prices.
Before the asset begin to conquer new peaks.
BTCUSDSHORTS What it exactly means. I can only assume. Traders cWhat it exactly means. I can only assume. Traders change their minds down.
Will bitcoin grow up?
Such logic?
Or new fraudulent tricks of the exchange that earn more on human emotions.
In short, I do not believe. My opinion is the same.
The consensus is over, the circus is gone, the clowns are left!
Bitcoin down.
Bitcoin Latest Technical AnalysisWe are doing Analysis of BTCUSDT on 3 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
Bear Massacre Incoming LONG BTCLong Live the King! Zooming out and looking at the short positions they have formed a long term wedge which they have fallen out of and are currently flagging against. This is a sign of a drop in shorts incoming and when that happens we can expect a rally in BTC prices. BTC price on the other hand has broken through and tested major resistance so prices could really breakout and fast from here. GL
XBTUSD BTCUSD a brilliant short entry.
The big triangle for BITMEX:XBTUSD is still in play.
Short at .786 big descending fibo it's a bulletproof level atm. No surpass north since 30th of december 2017.
Tp at .382 big descending fibo.
Subentries/tp levels marked with ascending fibos. Use on your own risk, they are not reliable.
If you enjoyed free pips, feel free to support me with some satoshi.
btc: 3BMEXi9EU5SRmiSxXFdTRVCpDXQeP8KMis
BTC UPDATE - Catch this coming SELLBTCUSD has made a good move to the upside, its time for some reality check. i am expecting a reversal before we get more traders jumping in on the band wagon ago. I must say i am now bullish on BC, happy days
See previous analysis
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Why you don't short 0-BTCUSDSHORTS/BTCUSDThis reverse and combined index is so without any point at all, mathematically or otherwise. Yet, it brings forth a nice picture of how shorts move similarly to price in this setting. Notice how it made a crazy reversal. Another thing to notice is that the only time it rose and the price stayed relatively fat, was before the drop in November, the market is rigged, its all a scam.
Besides that, the higher this goes, the more valuable short you can try to take. On the other hand, when its ripping like it's been, its a real bad idea to short. Plenty of money to be taken. Traditional renko has a 24 points setting due to BTC corresponding well with indicators set to values between 24-28, just prefer it. Supper guppy flipped in a vicious manner, after a year of unsuccessful attempts.
This one is going higher. We will get 7k BTC and it's going to kill a lot of peoples moods. Enjoy.
Setting alert at new highs on this chart and going to sleep long as fack.
Double Your Shorts On $BTCThe manipulation in this market, I can't believe it. All the dirty tricks they use to fool the average Joe. You think a whale is stupid enough to buy in this manner on an exchange just to wait to be dumped on? This rise of more than 20% in less than 5 minutes? Oh, maybe all the people waiting to buy just made their minds in a few minutes to go in on Bitcoin. No way. I mean this is not even an altcoin! It's Bitcoin, something the whales can and have been buying on over the counter (OTC) exchanges which does not affect the price. So, why pull this stunt? Well, simple. They want to make the average investor believe that the bear market is over. Even if you don't agree with me that it hasn't, just know this: Whenever the majority of investors in a market start to think the same way, it is time to look the other way. Word to the wise, just be cautious even if you don't plan on taking this short. Trade safe, guys. :)
Macro anaylsis of BTCBroad Market Update
We're at a significant point in the market this week specifically, and through from now till Mid April.
So pay attention. Use less volume. Use stops. And be ready for an over reaction in either direction.
Make sure you're never more than 50% of your portfolio in Alt Coins. Make sure at all times at least 50% is in BTC. It saves you from over extending and then having your entire portfolio take a beating if the market turns around quickly.
I've laid it out in a single chart what's going on and will explain each point.
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Moving Averages:
Death Cross (50MA / 100MA) Significant, as time passes the 50MA will get closer to price. And will act as resistance once we've covered enough time. Until Price is back above that 50MA, we're still bearish in the grand scheme.
Bollinger Band (20MA) Significant, we've reached it now. We're just under it. Appears there is a lack of volume while we're at it. Unless we break out in the next few days, we're going to fall. And it'l most likely be the 200MA that we fall to.
Also note the last time this same deathcross happened it was 2015, we also ran to the 20MA and failed and fell back to the 200MA. VERY SIMILAR.
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Indicators:
Stoch @ 66.6 give or take has been support/resistance since 2011. We're coming up to it now on the weekly.
Stoch RSI @ 99 give or take we're topped out on the Stoch RSI. Which means we have very little time left for any upwards momentum. You can also see 60 acted as resistance/support for a very long time. Pay attention as we fall from 99 and once we get near 60.
RSI @ 41 give or take we're at a very long term support/resistance point for RSI. Most likely will bounce along it and get rejected by it. Which would mimic the phase 2 of the bear season of 2014 before the second major leg down.
BTCUSD 200MA TEST ONCE AGAIN
BTCUSD struggling and the weekly chart was closed below a powerfull resistance line which means we need a re-test of a 200MA which is situated at 3400-3409$. Stochastic RSI is overbought and probably in the next week we will have a bearish cross.
At RSI we see clearly,was rejected.
In my opinion bottom was hitted BUT we need to test once again 200MA. Good luck
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 ;)