Btcusdtshort
BTCUSDT: 28600$ ~ 32000$Hello friends. Looking at the Bitcoin chart, we can see that in an upward trend to reach its monthly base target for its liquidity, it seems that the market giants made this quick move to sell their coins to retailers again. My expectation is path one to $28,600 and I consider it more likely than path two. The target was 2:32,000 thousand, but after that, the market continues to fall.
👀The first target is marked with purple color. and target up to $28,600
👀The second goal is shown with a pink dashed line: $32,000
MANA Head & Shoulders in Print!MANA is sitting in a potential Head and Shoulders pattern with the right shoulder in print.
BTC is bouncing off a SR Flip level so potential upside to 0.81 levels off the falling wave .
On Break and bearish retest of Head and Shoulders neckline, potential downside target to 0.436 levels/zone.
Always have Plan A, Plan B and since fairly high time 4h, chart can be archived in list for multiple moves.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTCUSD 30m Short sellingHello guys,
This is a very urgent trade. What are we going to see today is Bitcoin. COINBASE:BTCUSD is coming very fast to continue its resistance level . So speed is very important in this. This is an opportunity to short sell .
Trade safe!
Thanks & Regards,
Alpha Trading Station
BTC - Short strategyBYBIT:BTCUSDT.P
4h time frame
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BTC did a pump after announcing CPI, but still faces the structural resistance (22350~22500)
According to last BTC analysis, we can set final TP at 20900 which is a nice support level to form an inverse HS.
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Entry: 22350~22500
TP: 21200, 20900
SL: if successfully break up this DC(Descending channel)
Bitcoin - Phoenix Ascending Points $19KHi Traders, Investors and Speculators of the Charts 📈📉
According to the trend analyses that we've been watching, we didn't want to see a candle CLOSE UNDER the current support zone of $21700. From a trendline analysis, the next demand zone would only be at $18400. We can confirm this by pulling up two technical indicators : the Phoenix Ascending and the Bollinger Bands. Together, they point to harsh short term selling pressure. Bears have taken control for the immediate term, and according to the BBands, 19K is a next likely stop for the short term.
However, BTC dropping may not be a bad thing.. for altcoins . Check out this idea:
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Bitcoin Head & Shoulders!CME:BTC1!
BTC has formed a head and shoulders. Timeframe 12H.
Clearer on 4H where you can look for entries for pullback to breakout level which has confluence with 50MA.
Because BTC is in such a parabolic move the possibility of a fake out of the H&S neckline could occur as a liquidity run to pick stops. Look to long the break back in of the fake out.
Normally BTC doesn't provide pullback entries when it's on a parabolic move so always have Plan A, Plan B setup.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTC Gearing Up!BINANCE:BTCUSDT
BTC is in a falling wedge and at support.
Has 68% chance to breakout, however, overhead resistance from price structure and 4h 50MA (yellow MA). Break and hold, look to LONG.
If the white level is lost look to short but watch for a fake out.
The market doesn't have volume, let it provide direction and execute Plan A or Plan B.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.