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Short-btc

4H Evening Star Doji - At Resistance We have formed a bearish evening star doji candle right at resistance. The last time we had such a candle at resistance BTC fell 20% in about 12 hours. Even though bitcoin has been completely invalidating all bearish scenarios, I think this is the one that does it in. Not to mention the ridiculous bearish divergence that has been playing out. Most bears have now flipped to bulls and the moon boys are extremely euphoric. We could very well see a large pullback here in the upcoming hours. But who knows BTC is so manipulated that it could just defy all TA once again and just continue to the upside, but I wouldnt bank on it. I would expect alt coins to take a massive hit as well. Ive opened a short here. Looking to take profit around 47.5K. Thank you for viewing my post!
Short
by Nutty_Trader
5
random analysis on TWT daily time framepersonally i imagine 3 scenarios for TWT that are described below . two green arrows are very optimistic and the red arrow seems very Pessimistic . there isn't enough enthusiasm in the market in case to break the ascending channel upward and form a new ascending channel above the recent one . in other hand there isn't any specific volume in the market which may lead us to red arrow scenario . but that's a nice ascending channel and it seems that TWT is adhere to it . i always search very deeply for any sign of bull trend starting and this time i found a very little nice HIDDEN divergence on RSI . let's see if it is enough for starting a new bull trend or not . only time can tell
by pmehdipour13
1
BTC Bull Trap #2For an instant replay, see the related idea about the first bull trap. The Dual BARR top (see other related ideas) speaks to the tendency for BTC to produce a second spike following a breach of strong support/resistance. This second trap setup follows the same logic and works almost like a bearish confirmation in this case, rather than a sign of the new bull trend. Thus, just gonna wait until BTC hits the green text box before considering a long entry. It is well worth the extremely low probability of a new uptrend starting without hitting this area. -Dos TrapPigs BITBAY:BTCUSDT BITBAY:BTCUSD COINBASE:BTCUSD CRYPTOCAP:TOTAL2 COINBASE:ETHUSD BITFINEX:ADAUSD BITFINEX:DOGEUSD
COINBASE:BTCUSDShort
by UnknownUnicorn5511258
4
FTM/USDT: immediate short oportunity and not only... #staytunnedFantom price today is $0,172048 USD, -12,44% in the last 24h, with a 24-hour trading volume of $20.414.531 USD. On the 4h chart we can see how the assets is currently in a bearish trend, with the trend line identifying lower lows (black line) and lower highs (yellow line), and a MACD below the trendline. The volatility is decreasing, as shown by the Keltner channel, underlying we are in the distribution phase of the market. A descending triangle pattern has been spotted, with the breakout just happened at $ 0.18323 (still no vol. confirmation), therefore we can expect the price to fall to the next support level, this being $ 0.12 -0.1558 area. RSI index is currently at 28, indicating the asset is strongly overbought, therefore a quick price rise is expected: retest. For this reason I expect the price to retest the broken level of $ 0.18323, before continuing with the downtrend up to $ 0.12 -0.15 area. This can be a good occasion for daily traders ( +18%) for shorting . TRADE POSITION: short ENTRY PRICE: $ 0.18688 TARGET I: $ 0.1558 (if the downtrend continues then) TARGET II: $ 0.144 TARGET III: $ 0.131 STOPLOSS: $ 0.20 Personally, I expect the asset to reach the first short target and later I believe a reversal bullish trend will occur . The coin has very strong fundamentals, is almost overbought also on daily chart, it’s currently very under evaluated compared to the ATH, therefore I expect its price to rise significantly in the long trend, up to 10x potential. For this reason I would personally short up to the first target and later enter a long position at the same price. On the 4h chart we can see how in the last days the price has continuously hit the lower band of the Keltner channels with the EMA acting as a resistance, but not the upper ones. Today’s price broke the lower Keltner level and this can be an important signal for the bullish reversal: historically in fact, every time the lower level of the channel was broken, an immediate pullback to the EMA occurred, as pointed in the graph by the arrows. The fact that the volatility is decreasing and the channel is becoming thinner and thinner may imply that the price reversal won’t be so quick. In order to have an idea of when the reversal could occur I use Fibonacci time zones. This acted pretty accurately in predicting historical areas where a swing high, low, or reversal occurred, therefore the 55 vertical line may indicate the end of the bearish pattern, which is believed to be in mid August. TRADE POSITION: LONG ENTRY PRICE: $ 0.15 TARGET I: $ 0.18688 TARGET II: $ 0.201 TARGET III: $ 0.238 STOPLOSS: $ 0.13
by Lari_Pen
1
Bitcoin going down! 8k - 12k bottom Another one! Here we have the head and shoulders formed right after the Musk sell zone. The trend is your friend so follow it. I'm shorting down to target #1. Then Ill accumulate at the Bezzos buy zone!. I called this on another idea but it was stated as soon as the Wykoff distribution showed the BC (Buyers Climax) Phase. The time is now. Good luck everyone. Please like and comment. This is my analysis and idea. Do your research and due diligence before investing, trading, and leverage trading. This is not financial advice.
COINBASE:BTCUSDShort
by Samabby
2