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Short-btc

Bitcoin Final Touch to Bottom Fractal Continues2019 for comparison: The Hall and Co 2.0 trading indicator seems to be outlining the bottoming fractal (assuming we are already at the bottom). We just had the local push to 4200 area before dumping then rising somewhat to where we are now. If the bottoming fractal continues to hold true then we are going to have a slow bleed for the next month or so until we wick down to the 3200 support area. I seriously doubt it will break but we will have to wait until then before we decide to go all in at the bottom. Look for super high shorts (as high as they were when we dropped all the way from 6k to 3k), since it also seems that going against when people are heavily shorting is intelligent. Shorts are at the ATL area right now, which is where they were at just before the break to 3k from 6k.
BITSTAMP:BTCUSDShort
by bobjames1
BTC Analysis - Long & ShortFrom this point onwards, BTC is most likely going to come into contact with the resistance at the falling wedge and go down to the support of the falling wedge. The only possibility of BTC overcoming this falling wedge will most likely only come when the falling wedge crosses $3170 support line. Then, it will only have enough support to break through of the falling wedge and possibly have another contact with the $4045 resistance line. Buy or sell opportunities are present when prices of BTC comes into contact with any support of resistance as stated below Crucial Support Support of falling wedge $3170 support line Crucial Resistances Resistance of falling wedge $4045 resistance line
by TrevorSoh
INCOMING BREAK DOWNWARDS! SHORT!Hello Good People, The chart displayed above is examining a possible fractal pattern on bitcoin for a possible SHORTING opportunity. As you can see BTC has repeated this pattern on 3 occasions in 1 month. On the green circles, you can observe 2 big red candles, followed by some side movement and finally another drop. I think we might be in for a drop into the danger zone (red rectangle) and possibly touching that 3200-3100 low and create a double bottom that will mark the end of the bear-market. I would say, set a short order at 3494 to make sure you don´t catch a wick down and watch the market plummet. I wish you luck in your trades and have fun learning. From your friend and neighbor, LunaMan.
BITMEX:XBTShort
by Luna-Man
2
$tusd big picture$tusd has always been a good way of charting btc moves as it is a cleaner chart that respects fib and EW. this does mean that tusd i currently on wave 4 and has fallen 0.5 of the last wave down. due to its uprise it does mean that a drop to the 00017-18 area is possible but until btc breaks 4200 we could well of seen it correct here and look to start making a leg up. the questions is does w4 double bottom and we move up or are we still sub B meaning a double top (or double bottom for btc around the 3200 area) happens before we drop. either way we need a HH or HL either side for confirmation. it feels bullish right now but i think a bigger btc drop will happen after a bigger tusd ;-)
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by cooper_5e
AIONBTC A great coin seeks its bottomA thorough analysis shows that AION has not found its bottom yet. We see a replication of rising wedge pattern. Indicators are bearish: MACD Level (12, 26), SMA & EMA (5, 10, 20, 30, 50, 100) and VWMA (20) are negative right now. We see a high volatility according to DMI (14,14) and Overbought state according to Stoch RSI (3, 3, 14,14) These facts tells us that the coin started its further downtrend after BTC has dropped. It means we should wait more before we can enter this position or open a short deal. In a short - middle term there should be a further decrease, be careful
AShort
by Skyrexio
1
Is the 3rd $BTC leg down the charm?The first breakout to the downside after a period of consolidation hit the target around $4800 and decided to consolidate again around that number. (move marked with green arrows) The second breakout after the consolidation of $4800 reached its objective, which is currently the low for the year. A symmetrical triangle has formed after the low objective was met, and being a continuation of trend pattern, look for a move to a new low with a minimum target near $3120. Overall, volume has been decreasing as the triangle formed and the hold at the black 61.8% level at $4153 (failure to reach the top of the triangle) is a bearish sign. We need volume to kick up as price breaks underneath the triangle, but I am holding shorts for now. Thoughts?
BITFINEX:BTCUSDShort
by FiboSwanny