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Btcusdtshort

BTC excellent short entry 3090012h time frame - We have talked about many potential top structures about Bitcoin, such as Head and Shoulders(ref.1), Butterfly(ref.2) and Diamond structure(ref.3). All analysis point out that Bitcoin is creating a huge top structure before next bull. This is also the last chance to catch a potential crazy dump in this bear period. If we take liquidation hunting into consideration, 30700~31000 is the excellent entry to open short, which has the best risk to reward ration over 8. If Bitcoin start dumping from that zone, targets as below. TP1: 25000 TP2: 20300 TP3: 18000 Also, 17000~18000 is the expected bottom before bull. - ref.1 Head and Shoulders structure ref.2 Harmonic pattern ref.3 Diamond structure
by EthanTW
2
Bitcoin Analysis (1d): Recent SurgeThe beginning of this week saw a remarkable upswing, propelling Bitcoin's value by an impressive 15%. The digital giant broke a significant barrier at $28,700, surging ahead to $30,000 . However, the journey doesn't stop here. What has captured our attention is Bitcoin’s recent breakout from a crucial resistance level at $28,700. The present challenge lies in surpassing the formidable $31,000 mark, a zone with historical significance. This price point, which once served as solid support during the turbulent times of 2020 and 2021, is now a ‘resistance to be cracked next’. Anticipation buzzes in the air, echoing the prospect of Bitcoin going parabolic should it soar above the $31,000 or even $32,000 thresholds. Yet, this is more than a speculative scenario; it represents a tangible opportunity. However, the prudent approach is to analyze, assess, and prepare for all eventualities. While the temptation to surge upwards is strong, a strategic retreat might be in the cards. A brief regression to the previous resistance and support level at $28,700 isn't just a possibility but could be a healthy move. The lingering selling pressure from futures exchanges provides a substantial reason to consider this option seriously.
by Vestinda
BTC - FAKE ETF News cause BULL-trap👎Hi Traders, Investors and Speculators of Charts📈📉 There has been interesting volatility on BTC in the past 24 hours, with fake news being released on X, alleging that the SEC approved Blackrock's iShare spot ETF (they haven't). Directly from the Cointelegraph website, 16 hours ago: "Earlier today, during routine coverage, Cointelegraph’s social media team posted a message on X without prior editorial approval stating that the United States Securities and Exchange Commission had approved BlackRock’s iShares spot Bitcoin exchange-traded fund, or ETF. This was false, the result of misinformation. The news lead originated from an unconfirmed screenshot posted by an X user who claimed it was from the Bloomberg Terminal. " Pretty much immediately after this article, the price started to retrace. It seems to me like severe insider trading / purposeful deceit. Interestingly enough, the price turned at EXACTLY 30K which seems very unnatural. It will be interesting to see whether the SEC reacts to this, or if it's just another day in crypto. Luckily, as per all our previous posts on altcoins, I'm not trading BTC at the moment. Reason being I was expecting algo's on Bitcoin, as range trading often attracts bots. My focus is still on altcoins at the moment. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT KUCOIN:BTCUSDT
Short
by CryptoCheck-
21
BTC btttom 18k1D time frame - With the fake new(BTC ETF approval) released, Bitcoin matched our previous analysis by unexpected trend on 16th October. Currently, Bitcoin is creating a potential Diamond structure, which is a top structure here, and it could be regarded as Head and Shoulders structure(ref.1). According to this Diamond, Bitcoin might retest 30k again in near future, and start going down by December, once Bitcoin breaks below this diamond, huge dump will be following. There are four targets for the trading plan. TP1: 28000 TP2: 25000 TP3: 19500~21000 TP4: 17600~18600 Range 17600~18600 is the bear bottom I think. On the basis of time structure, we can see this price around December '23~January '24, get ready for this sweet price! Ref.1 Bitcoin analysis about HS structure and bear bottom.
by EthanTW
BTC will history repeat?1D time frame - According to left chart, Bitcoin pumped rapidly on 25th Oct '19, which date range was around 198 Days away from 2020 halving, Bitcoin increased by 45% in two days. Next, Bitcoin made a waterfall over 60% since Feb '20, then Bull market was triggered. Nowadays, Bitcoin extremely increased by 20% in Oct '23, and we need around 200 Days to reach next halving in 2024. All phenomenons are similar to 2019, so we can expect a huge dump based on previous analysis of Bitcoin top structure(refer to below links). Therefore, stay patient and get ready to buy spot! Accurate Bitcoin analysis about top structure and bear bottom. Bitcoin PRZ analysis of Harmonic pattern.
COINBASE:BTCUSD
by EthanTW
1
BTCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Im waiting for decreasing in 21-19k zone, then trend reversal. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
BITSTAMP:BTCUSDShort
by trytofeelpositive
3
BTCUSDT final leg down short?Is it time for BTC to go down? Is this the start of a possible 5th wave? This is only one possible TA for short, although there are many arguments and the possibility that BTC is still going up. But currently the risk reward is so good that this trade looks very attractive. The analysis was made with Fibonacci, Elliot waves and harmonic patterns. Currently BTC reached TP1 for Anti Bat pattern. More on this, that is, in more detail the next day or two, when I have a little more time (and until then, if the bulls want to, I can disable this idea)
Short
by CryptoArch_
BTCUSDT - D1BTCUSDT There are changes since the last review; on H4 the price managed to gain a foothold at the level of 27165. On D1 you can see the implementation of the 3rd wave from the local maximum, which could lead to a further fall inside the sideways range with targets up to 24900 Locally, you can consider sales from these levels (27150 - 27000). What can you expect? You can consider entering from current levels. It is better not to take increased risks, in order to avoid a false breakout if the price does not continue its local downward movement. Local goals that we can achieve in the near future: 26,000. Targets 26640 - 26350 - 26000
Short
by Trade_Hive_Signals
3
BTC excellent short entry 29k12h time frame - Bitcoin dumps 1.5% today, and many people think the huge dump is coming. However, if we take a look at the uptrend since 24901 on 12th Sep, this uptrend line has not been broken yet which means Bitcoin is still on the upward way. Combining with 0.618 Fibonacci Projection, there is a structural support around 27000~27300. Therefore, we can set up a trading plan once Bitcoin reach and get support at that zone, and target is 29000~29500, also the excellent entry to open short as we pointed out in previous Bitcoin two analysis: the critical pattern-Head and Shoulders(ref.1) and PRZ of Harmonic pattern(ref.2). Both targets are 18500~15800. - ref.1 Head and Shouders ref.2 Harmonic pattern
by EthanTW
1
BTC Butterfly Pattern (entry 29100)4h time frame - Bitcoin is approaching the falling trendline which Ethereum already broke out, so we can predict Bitcoin tend to go upside in near future. Also, Bitcoin is creating a potential bearish harmonic pattern_butterfly, which utilize 1.272 Fibonacci Projection to estimate PRZ at 28900~29100. Further, combining our previous analysis of potential Head and Shoulders structure, the top of right shoulder might appear at the range 29150~29500. Therefore, once Bitcoin maintain this pumping momentum and go into this zone, we can observe whether reversal PA appear, then it could be the best short entry before this bear bottom.
by EthanTW
1
BTC - H&S Pattern point $25K Short TermHi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and weak price action on BTC indicates that sellers are dominating the short term, with a nasty Head and Shoulders pattern showing up in the 4h. Shorting Bitcoin can be tempting, especially when prices are actively moving. However, acting on impulse without a plan leads to reckless gambling more often than not. Savvy traders wait patiently for ideal opportunities with defined risk-reward ratios. Also, the risk-reward setup isn't ideal for a leveraged position right on BTCUSDT. BTC grabs attention when it moves, but plenty of other assets offer worthwhile trading opportunities. Expand your watchlist across stocks, forex, commodities, indexes, and more. Evaluate which markets are exhibiting solid technical setups right now. Don't feel pressured to trade BTC just because it's moving. Sometimes the best trade is no trade if conditions aren't ideal. There are other opportunities with better risk-reward setups than Bitcoin. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
BITFINEX:BTCUSDShort
by CryptoCheck-
28
BTC 2 scenarios about short & long2h time frame - (1)Head and Shoulders On the left chart, Bitcoin made a potential HS as our previous analysis. Currently Bitcoin broke the neckline at 26378 and is going to retest it, if get rejection at 26378 again and broke below 25990, Bitcoin will finish the retest of HS structure, and target is 25270. (2) Falling wedge On the right chart, Bitcoin is creating a potential wedge, which could be regarded as the continuation structure of the pump wave(24853~27485). Bitcoin might make a lower low at 25800 to reach the wedge bottom again, where is also the Fibonacci retracement 0.382. Therefore, we can keep an eye on that range to open long, if Bitcoin get rid of this falling wedge, target is 27484~27827 first.
by EthanTW
BTCUSDTIn this part of the chart in the 4-hour time frame, we see one of the most powerful ICT concepts called PO3. POWER OF THREE consists of three parts: Consolidation In this section, we see the price range, which causes the formation of liquidity at the top and bottom of this range Manipulation In this section, we see a fake but strong move out of the range section, which grab liquidity at the top or bottom of the range, and then returns to the range with the same strength. Expansion In this section, we will see the main movement of the market in the opposite direction of the previous fake movement. But before the start of the main movement, we will often see the price return to the broken line of the range and points that are of interest to market makers, such as FVG or order blocks. In this section of BINANCE:BTCUSDT price action, we clearly see all these three upper sections. First, Consolidation Then Manipulation , which was accompanied by a news, and caused Sharpe move above the range line and immediately Sharpe move into the range. And now we have to wait for the expansion movement. A pullback to the range line and probably to the FVG indicated in the chart and then the start of the main trend towards the targets indicated in the chart. ⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR" Don't forget to like and comment
by Madoir
2
BTC create small Head and Shoulders 2h time frame - There are two resistance zones Bitcoin reached recently. 1st at 26650~26850, 2nd at 27450~27800. Standard strong pump should turn the 1st zone into support after breaking up. However, we can see Bitcoin just went down through 26650~26850. This trend implies weak sign on market. Therefore, if Bitcoin takes more time to create a consolidation structure between 26350~26930, a Head and Shoulders will be following. TP: 25824~25694 / 25271
by EthanTW
📈Bitcoin weekly prediction, 23K or 31K?📉BINANCE:BTCUSDT COINBASE:BTCUSD As we specified in the previous analysis, Bitcoin's movements were limited in the green structure that was specified in the previous analytical idea. For this reason, the price started to fall from the level of 28 thousand dollars and could not stabilize at higher levels. Why? Because at that time there was no catalyst to stabilize the price. I expected the price to receive this catalyst after reaching the September 1-3 time zone, but the sentiment remains negative for Bitcoin. In this week, bitcoin price continues to move in an ascending channel (in yellow). The news around Bitcoin makes it more likely that the Bitcoin ETF will be approved. As the probability of ETF approval increases, the green path and the bullish scenario will strengthen. On the other side, if the price breaks the yellow channel from the bottom and behaves indifferent to the red fork structure, there is a possibility that the price will go down to the yellow area. Overall, in my opinion, as long as the price of Bitcoin does not fall below the $23,000 level, there is a possibility that it will go higher. But if the price loses the yellow zone and the support of $23,000, the level of 22,500 to 21,500 will be a strong support for Bitcoin in the bearish scenario. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
Short
by CrazyS
4