Btcusdtshort
BTCUSDT: Elliot Price action Daily Hello friends. Bitcoin seems to have reached a point after a trend where there is a possibility of a drop due to several reasons of hitting the weekly base average and weakness in the trend. There is a possibility of falling to the range of 20k, and after that the price should reach the accumulated energy towards the target of 28800, which is the final wave and wave C.
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 23655.56
TP: 22599.26
SL: 24530.79
Bias: Short
We are bearish for this pair. There is a high probability of a strong price fall following by the current price oscillations that we have seen recently.
BTC: BREKOUT THIS ASSCENDING TRIANGLE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT ANALYSIS
BTC breakout this ascending triangle and is currently holding this horizontal support. It has created a fake-out in the previous higher high move, so this is an important situation that it may do this time too.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 24621.90
TP: 23524.28
SL: 25468.63
Bias: Short
We plan a short trade for this pair. As the price is oscillating between short term support and resistance levels, our bias is short at this point.
BTCUSD Prediction H1Here is my view for BTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
BTCUSDT Down Trend.!#BTCUSDT Looking for Sell trade setup as I mentioned in the Chart.!
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Bitcoin ready for correction (Short)After a strong bullish movement inside a wide TR, which seems like an exhaustion gap, I expect a bearish move here after a double top in higher timeframes as well as a nested double top in lower timeframes, we also have a wedge top at this area so a move down is very likely!
NFA
BTCUSDT (Short)BTCUSDT is showing bearish divergence on MACD on 4 hourly chart with price action rounding off. With the formation of Double Top, price is likely to break the bullish trend.
For aggressive traders, bearish divergence on MACD and bearish engulfing is enough to short @ 23,700
For conservation traders, wait for price action to break the trendline @ 23,200.
TPs are based on previous strong support zones:
- TP1 - 22,450
- TP2 - 21,900
- TP3 - 21,300
BTCUSDT: Difficult but possible:)The correction of the BTC price continues.
My long position was closed in the breakeven zone.
At the moment I am watching the dynamics and plan to open a short position at the end of the intermediate wave C in wave B.
All in all, last two weeks is very contradictory and difficult to plan good trades. The nature of the price movement is "jagged" and I have to edit the wave count very often.
Be careful and take moderate risks in situations where you don't know exactly what to expect in the future.
Week 08 | BTCUSDT | Short Position | H1 | 10-08-2022Bitcoin after testing its 24k resistance is again in a bearish trend. It can go till fib level 0.618 of the previous bullish run. We can still take a short position at this stage as we can see bearish candles.
BTCUSDT Down Trend.!#BTCUSDT Looking for Sell trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
BTC: TRADINGNG INSIDE THE TRIANGLE!!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/USDT ANALYSIS
It is moving in an ascending triangle and is currently rejected from the horizontal resistance. It has created a fake-out in the previous higher high move, so this is an important resistance to observing a breakout with a successful retest for the confirmation of a bullish trend. At the same time, a sustained breakdown of the ascending triangle would be a bearish sign for it.
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
BTCUSDT: Growth ContinuesThe development of the situation is gaining momentum.
The BTC price began to rise within the impulse structure of the assumed intermediate wave 1 or C.
Locally, the price is already in wave 3 (in wave 1 or C) and will continue to reach new highs.
The long position opened at around 23,000 has already got excellent profits. I will decide to close the long position after the price reaches a level above $25,000.
The dynamics for September will be decided soon.
In case the upward impulse structure will continue to develop, we should expect the continuation of the bullish rally and the maximum recovery of the BTC price.
USDT DOMINANCE READY TO FALL! BULLISH FOR BTC AND ALTS!!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.
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I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE UPDATE
USDT dominance breaks down this bearish flag pattern in a 1hr timeframe.
we are expecting a good drop according to the pattern.
If it breaks this red line resistance the chart will be invalided.
stay tuned
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
BTC to 21,888On several time frames, the weakness on BTC keels increasing and getting boring, to futher see BTC head above 25k, we seriously need 21k support first, plus we are inna downtrend.
BTC 2 HOURS UPDTE!!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
As before it is creating higher highs and higher lows at shorter time frames and now after the market structure breaks, it is creating lower lows and lower highs. It is also trading in a range. The current MSB level is a close above $23655 to change the trend from lower highs to higher highs while a close below range low would be a sign of creating another lower low.
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
BTCUSD another drop ahead?BTCUSD(Daily) is in long term drown trend except for last month some expected retracement to the upside. As the price currently testing the previous support as resistance, it is a high probability that the price continues to drop as the bears are very stronger than the bulls.
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BTCUSDT: Important UpdateI revised my trading plan for BTC again: I believe that there is a high probability of a serious bullish rally start in the next 1-2 months.
The correction within wave 2 or B is most likely over.
At the moment, BTC overcame the boundary of the descending local trend line, as well as formed a group of initial impulses.
I plan to buy on the breakdown of the revers local trend point, after the completion of the small wave 2.
1D Ichimoku.Hello.
Note that we have a rejection of EMA50 and at the same time the candle fell down from Kumo cloud.
And also tenkan-sen has been broken.
I also expect a break of the kijun-sen.
See my previous chart, where I point out death cross from EMA100/EMA200 on 3D chart.
The price has failed to break out of the channel and a test middle of downtrend channel is forthcoming.
During this year price will reach $10,000.
Not ready to say yet if the price will go lower.
A lot of buying pressure will be waiting at this level.
Stochastic falls and SQZMOM brings only 1 gray cross, immediately changed to black.
Bitcoin looks bearish on lower time frames As you can see on the chart after a local sharp rise bitcoin is overbought on lower time frames and RSI divergence is obvious on the chart. We'll go short after trendline break
BTCUSDT | Analysis 05.08.224H - HTF BEARISH
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