Btcusdtshort
📉✌BTC 1H Short Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis (linked below).
💥A quick short position can have a good chance of winning.
between now and the yellow area above, you can open short position in two steps.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5 are on the chart.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
📉✌BTC 30min Short Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis (linked below).
💥A quick short position can have a good chance of winning.
between now and the yellow area above, you can open short position in two steps.
If the price falls and reaches the TP1, you can risk-free the position.
TP1-2-3-4-5-6 ---> short position.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
IS THERE A BIG DUMP SET TO HAPPEN FOR BTCUSDT?I am back with another weekly analysis for Bitcoin. As the month ends, there will be large volatility in this trading week which is great for us traders.
This week I am looking to short BTCUSDT at $20850. I am anticipating a nice dump to around $19500 price level where there is a strong Bullish Order Block.
Below are my confluences for this trade setup:
- Price is near the hourly Bearish OB which coincides with the Institutional Price Level of $20800 price level.
- We can see that BTCUSDT failed to make a higher high after closing the 50% of the void that was left by $21 000. This shows a SMT Divergence as Smart money are looking to sell their BTC at Premium price.
- Based on the US Dollar index (DXY) hourly chart, we can see that price failed to make a Lower low on Friday which means the DXY can rally to close some imbalances above current price level. As the DXY strengthens, BTC is expected to drop in value.
- My target of $19500 is at Discount Price Array of the current hourly range we trading in. There is a Fair Value Gap that has to be closed as well as a Strong Daily Bullish by my target price.
With this said, do manage your risk and i hope you have an amazing trading week ahead.
#BTC UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC Update
BTC breakout this local support which is around the $20300 level and currently BTC facing 100 ma as resistance
if we break out this 100 ma resistance and closer the daily candle above it then the price of BTC may rise to 24.7K$.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
bitcoin short from 19k to 13.3kmacro factors:
federal reserve quantitative tightening
money being sucked out of most markets
technical factors:
being supported on a grind line with each bounce being sold off more and more aggressively.
this confluences with the price action we see on many different alt coins ada especially which broke its descending triangle to the downside.
technical target: USD 13,375
stop loss : USD 19800
good luck and namaste
Bitcoin | Tries to break a scheme from 15 August-Since 15 August we put lower highs as you can see easily.
- If price break above 19.700$ this resistance line will be broken but it doesn't mean we will go into the uptrend. Also be careful about fake break outs/stop hunting around 19.900$ levels.
- If we broke the resistance it doesn't mean we go to the uptrend immediately because as you can see we broke a resistance 11 August and we went through another on 15 August so be careful.
- An interesting fact that last time we stay under the last resistance from 31 May 2022, 71 days 20 hours and broke it (even if for a couple of days)
- Now today's daily close will be exactly this far away from 15 August.
- I don't see bright days for BTC for a while because of global economy collapsing possibilities but last couple of weeks BTC diverged from the NASDAQ and less volatile at it's strong support level is a good fact for longs.
- Still you have to consider that there will be some more hard days for BTC and it has to resist for crushes. Closest event is Fed Press Conference at 02 November 2:00 p.m. FOMC Meeting.
📉✌BTC 30Min Short Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
💥Three Drive pattern💥
between now and the yellow area, you can open a short position in two steps.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5 are on the chart.
The optimum stop-loss is above the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
BTC 12k?All structures move in 5-3-5 stricture naturally.
Looking at the move to last ATH i count 5 moves u on the daily and now we are in 3 wave down, with the criteria for a wave C according to Elliot Wave theory:
Wave C often reaches 161.8% of the length of wave A in an Expanded Flat. --> its not an expaded flat IMO
Wave C has a length of at least 61.8% of wave A. It could be shorter in which case it normally is a failure, which foretells an acceleration in the opposite direction. Criteria reached ✅
Generally wave C is equal to wave A or travels a distance of 161.8% of wave A. --> possibly wave C and most common is that wave c is 1:1 ratio to wave A which according to the fib will bring us to that 12k are in line with descending wedge, target
BTC/USDT :: Short or Long ?!?BTCUSDT :::
Currently, the price is in a certain range, which has caused the price to remain stable. If you check the first encounter with this range, it is related to 2017. Therefore, the best strategy for such conditions is to wait for the price to find and stabilize its direction. By leaving this range , it will start a fast process. After leaving this range and stabilizing it, transactions with lower risk can be made.
<<< Good luck >>>