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Dump

Pay attention, bitcoin is endangered about a short-term DUMP!I'm happy to start the month with a little bitcoin update. Although in recent days we have been trading quite bullish, bitcoin currently broke out of the ascending channel that was driving it to always point upwards ⬆️⬆️ If we cannot return to it (closing 4H candles above 59250) we can see the price action a little bearish, visiting 58,200, 56,200 and close to 54,400. ⬇️⬇️ In case this happens it would be juicy to re-take many positions at better prices. Resume: INVALIDATION: Close above 59250 in 4H chart if happens we flip to long and nothing happens :)
Short
by OctopusXBT
BITCOIN Price CRASHES! WHAT NOW?In the last couple of hours, the price of bitcoin has quickly rallied down back to $58,000, at one point reaching $56,800, after not being able to break through a key resistance level that I have drawn using a Pitchfork. The price quickly rallied up to $59,700 before crashing. This could have been caused for many reasons. It could have been caused by a very quick rise in price that caused the collapse, or a very big volume of bearish orders at that moment. The price has finally caught up and has gone back into previous key positions that allow us to determine its next moves better. The drop might have been not too big, but amateur traders started selling off there assets too quickly after seeing a small drop in price. Mind that the price never totally wen out of my graphs and actually bounced off a key support level. It has been retesting a specific Fibonacci level for hours now, but might make a slow rise back to the top starting from now. This is the best example as to why you should not sell your assets so quickly. The cycle will continue and BTC will rise back! Thierry This analysis is only for educational purposes.
BITSTAMP:BTCUSDLong
by TraderThierry
6
$ZH is giving a GREAT IPO SHORT opportunity todayIPO intraday trading strategy idea Zhihu is the largest Q&A-inspired online community and one of the top five comprehensive online content communities in China, both in terms of average mobile MAUs and revenue in 2020, according to CIC. The share price is falling and gonna continue this trend today. The demand for shares of the company still looks lower than the supply. These and other conditions can cause a fall in the share price today. So I opened a short position from $7,91; stop-loss — $9,26 take-profit — $3,86/MOC price Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NYSE:ZHShort
by KozakHlib
The current losses of buying 10 $BTC at $60K.A normal post for perspective. A look back at the past, unfortunate buyers who FOMOed into $60,000 USD trades and spot of bitcoin are now almost down 100 grand. Often, we don't expect more than 15% corrections, and we could even expect something as much as 50% in this run. 30k is not out of sight, but at that point is it really a correction or a bear market? Crypto is a risky investment and I would be careful shorting currently down 20%. I would also be very careful if you are a panic seller, as personally a bear market starts when we have sustained time (3 months) at least 15% from an ATH. The lower we get, and the longer we stay there, provides more risk for $BTC to fall. Being down 100k in 2 weeks isn't necessarily something you want to FOMO into all the time. You leverage boys better watch out, thats a choppy map. It only gets worse the higher we go.If you're losing a lot of money due to fomo, zoom out, and wait. We could also see 60k+ within a days time, so do not be fooled, but always be wary of the reality of things. I am betting long, stop me out at 50k if you shall.
BINANCE:BTCUSD.P
by UnknownUnicorn11545969
1
BTC big shortFinally something big is coming up and it is a short opportunity for BTC. As you can see there is huge bearish divergence on RSI, bearish divergence on MACD, all on daily chart, what did not happened for very long time. Everybody is bullish on social media, red laser eyes and another shits but BTC need correction and it is irreversible and necessary. My targets and potential levels are two. First around 40k (Im sure that will happen) and second what im not sure if happen is 20K. On weekly chart is also huge bearish divergence on RSI, what can also tell you that everybody should be aware of dump. It is really good for BTC that institutions are buying and everybody want bitcoin, but what will happen if they start to be in loss after btc bitcoin dump ? If they sell, we are gonna have a big problem. So there is also question, what reaction of big institutions will be after big starts dump, if they will have balls to hold it or they start to sell and big fear will spread into the market. If anybody finds my thought helpfull, please iam welcomed for btc gifts :D my btc wallet: bc1qq5tplyvek08rzpldz8dnnx2zqmhlx4swxevft4
BITSTAMP:BTCUSDShort
by Lubox
6
AELF/BTC - Pump/Damp coin. Bullish triangleHello everyone, analyzed the ELF/BTC pair Formation of a bullish triangle with a squeeze towards resistance. Do not forget that such triangles flash upward, false breakout and price rollback. This pair, very dangerous as it is visible, triggers on candlesticks where many traders are left locked up. Trading this pair can bring a potential profit of up to 40% But there is a possibility that a collapse will occur. It is best to consider a position on a 30-minute timeframe. And also, wait for confirmation of breaking the level. I do not trade this pair, but I know many traders recommend it. Therefore, assess the risks correctly. The trading chart shows all levels at which you can work both short and long. Keep track of the levels and may the profits come with you. Go to my free channel and chat with other traders. Link in the description "This is just my opinion, trade with your trading system." "Have a nice day everyone and come."
by CryptoJaegerB
1