Bitcoin short term trade! Shorting now Analysis are based on price action
Short : 19352
Tp 1: 19101
Tp 2: 18800
Tp 3: 18385
Short-btc
Bitcoin is getting ready to short HEAD AND SHOULDER Hello guys. I just wanted to share yet another idea with you guys. As we can see here, this is a simple head and shoulder pattern.
What am I expecting here to happen? Well it is simple. I expect a slight fall to 18650 area, but we will see what will happen'
NOTE: I AM NOT A FINANCIAL ADVISOR! You have to do your own research.
Crypto-harmonic-pattern APE-USDT SHORTI have found new harmonic pattern.
B= 50-78.6%
C= 38.6-78.6%
D= 224%
Target: 5.3, 5
SL: 6.173
X20
I hope we will be in profits soon.
Use risk management,
Research: As the merge approaches, on-chain data suggests ETH usShare
Xeggex
According to on-chain data, as the merge approaches, the dominant behavior across the Ethereum network is to HODL. Coins held by Ethereum investors are maturing to showcase a higher number of HODLers unwilling to sell.
Within the Ethereum ecosystem, just under 60% of investors have held for more than one year, compared with Bitcoin, which has 80% of HODLers holding for the same period of time.
However, we are now seeing 7-year holders (dark blue) of Ethereum start to increase. From July 28, the first 7-year holders began to show and now hold over 2% of the supply.
Ethereum: HODL Waves (Source: Glassnode)
Ethereum: HODL Waves (Source: Glassnode)
Given that Ethereum mined its first block in July 2015, coins that haven’t moved in 7-years are likely genesis coins that have never moved. As time goes on, it is expected that the 7-year HODLers will continue to grow as HODLers who entered the Ethereum ecosystem during the 2017 bull run start to emerge.
Unlike Bitcoin, Ethereum is not often referred to as a store of value. However, on-chain data suggests that 2% of Ethereum holders believe it could be. Depending on the activity of the network, Ethereum may also be deflationary after The Merge, which adds credence to this theory
SHOUT OUT TO CRYPTO SAVY! AMAZON CRASH PATTERN IN BTC!I think there is a possibility that CRYPTO SAVY might nail it with his AMAZON / BTC comparison that he called out on December 2nd 2021.
Looks like it's playing out perfectly so far. I'll just add the EW count that i think this crash will be to SAVY's analysis.
I think we are in a "WXYXZ" complex correction (as shown in the chart).
I also think we will drop under the 2018 BTC low and bottom somewhere between 1.3k to 2.8k.
Let's see what happens....
BTC SHORT SETUP #BTC/USDT
#SHORT
ENTRY PRICE:
1)20635
TARGET:
1)20231
2)20017
3)19811
4)19605
STOP LOSS: 20979
Risk only 3 percentage of your balance
If ATOMUSDT lost its trendline? in my opinion if atom lost its trend line it can come down to GP area , before that it have support in 9.5$ zone (0.5 fib), play safe with btc
BTC future predictionIn chart you can see the two possible points , please give like and follow .
If you have a different idea please write it in comments
Market Makers Pump Apple: Crash ComingThe market is going to fall out of the sky soon but money managers can't let that happen to them, a crash is near and they are single handily boosting the price of SPY's highest equities such as Microsoft and Apple (around 7% each of total Spy).
This price action is so obvious to me it's literally funny I officially believe I know what market makers are gonna do at least 2 weeks ahead of them even waking up to brainstorm about it, they're liter idiots with no skills but following the same strategy for 20 years. They will pump SPY using Apple and Microsoft until they can't sell anymore calls into the market with boosted Intrinsic Value, then the market will CLIFF. There will be ZERO buyers and zero support levels because all market makers are going to let retail lose their entire savings while they short on the reverse. This is going to be monumental, they should make me president of the United States after because only I will be able to single handily save the economy from these idiots at big firms who were born into wealth, overgrown manchildren with no balls at all.
BTC Daily Update - SL hunt of bulls is comingWelcome everyone!
Today we saw bullish action in the morning, after which huge drop happened.
By doing this move marketmaker achieved 2 things:
1. Formed top trendline. It will act as resistance for the near future. By the way, if you look carefully, end of the formation will be exactly at Initial Jobless Claims data release👀
2. Came dangerously close to the support. It would be logical for marketmaker to stop-loss hunt bulls, since he doesn't need to spend a lot of resources to reach them
Either we see stop-loss hunt today or better tomorrow, when news will be released.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
BTC Daily review - Looks bearishYesterday we dropped a lot as I predicted. Congratz to those who opened shorts.
Right now the movement is likely to continue as we can see weakness of buyer on the chart.
Buyer has failed to update local 1h highs and develop impulse up after we broke trendline.
Currently we broke down support and trading below it, forming a base for an impulse down 📉
Target should be around 23300 as it is zone of people who started the movement up🚀
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
BTC is going downBtc is going down, you can see that btc is going to touch 21,500 or maybe lower level soon.
ShortRRR 1:2, TP- 2%, SL- 1%
Position size: all account
Speculation on the continuation of the trend. :)
Another Short scalp btcoverbought, btc.d divergence. bearish bias. easy short imo. should be good for scalp at least
QNT USdt great risk reward shortthis is a great risk reward situation.
i will enter a short here at 129$
and i'm lookg for a take profit at 14.2$
that is a 11.5% and will use 3x leverage.
on the other hand,if a 4hour candle closes above 131.2$ i will cut losses and that is a 1.6% risk.
techincal supports it and qnt needs a small pullback.
for a safer bet you can take some profit at 120.3
Simplest technical analysis for ALL CRYPTOCURRENCIESSimplest technical analysis of Crypto Market Cap against Gold. Check out my page for fundamental analyses.
Implied graphical explanation for the drawn lines:
Thanks for your time.
BTC IDEA FOR TODAY 31.07.2022BTC as on my last idea played good. as expected it teted 23 700, but this support is to weak anf it will retest today lower supports on 23 300, 22700. In worse scenario we will test the support on trend channel. Maybe we will se retest of 24k and then down.
The DOWNTREND BECOMES STEEPERDeveloping
As posted earlier The Downtrend of Falling price Becomes Faster.
The Descending Trendline Becomes Steeper
Bearish divergence 1HR A bearish divergence has appeared on the hourly BTC chart. Still in my previous short positions so not looking to add to them but this is an interesting squeeze.
BTC SHORT FROM 19800 TP1 15774$ TP2 12707$ Bear Flag...
FRS +75 or 100% rise up 27 july
GDP 28 July bad ....
Down-Trend Confirmed, Rejection and Drop to 7,500Strong Rejection from the Upper Resistance trendline Reconfirms DEscending Downtrend of Bitcoi/usdt.
Projected Support Intersection at 7,500.
Fundamental conditions are the root causes of the continuing bitcoin plunge
1 FED Rate Hikes cause strong Risk aversion of Institutionals and Investors, and rotation into Dollar Cash.
2 Continuing wave of BAnkrupcies of Crypt-Frauds, Crypto-schemes and Pyramids only Grows and adds to Bitcoin mistrust by inestors: LUNA. TERRA, Celsius, Voyager and that list grows daily.
3 Liquidation of 140,000 bitcoins from Mt Gox by Court authorities - and anxious owners biting at the bit to finally REALIZE their Profits after years of being unable to do so.
Immediate selloff of a stash that is times bigger than the Musk selloff that caused winter collapse of the price from ATH.
Emphasis: HUNDRED THOUSAND Bitcoins DUMPED ON the Market.
BTC Short Trend line and DOW LLShort BTC at 22652
SL 23123 above 15 mint LH
TP 1 at fib level 0.618 (22249) R:R 2:1
TP 2 21602. R:R 4.5:1
Trend line and channel is broken, Market making another LL.
BTC Roller Coaster: Fasten a SeatbeltWith the capitulation in may still lingering in the minds of retail and institutional traders alike, we get exposure to market events that speak to the uncertainty that lies in even the most advanced TA. With capitulation, a record number of liquidations roll through the equity value of BTC along with most ALTs. This part of the market cycle is not a hit and run situation either; this is a phase bound to last probably till mid-to late October as we approach the crypto "jackpot" month of November. Ranging markets are inbound but for now, this bearish flag is indicating a push further down into the low 20k's. Stay frosty my friends.
