btc ... short position ( time ferim 1h We can enter the position from the area (33750 to 33700)
Based on macdi the position of the shorts is the most logical case possible.
(Targets are in the picture)
Short-btc
Are you ready for the biggest dump in the history of crypto?This is just for my own reference. Do whatever you want with it.
Bitcoin Cup Pattern !!!!!!!!!!Looks like we have a reverse cup pattern in this chart. Keep your eyes on the chart to enter the sales deal if the pattern is approved!!!
Let The TREND Come To YOU! (CRYPTO CORRECTION)This is a brief overlook of the cryptocurrency market.
With the parabolic price rise that has taken place since the crash from the pandemic, cryptos all across the board have been in a major impulsive buyers market.
We have seen a nice-sized pullback from the highs of 50-60k on bitcoin.
With cryptocurrency, you are seeing a lot of similar correlation across the market with a nice-sized retracement.
What I am waiting for is for the trend bricks and the trend meters to line up on a weekly chart buy confirmation, as I do prefer to trade the larger timeframes for longer-term investments.
We look at the total market cap, bitcoin, ethereum, litecoin, and dogecoin in this analysis to show you the correlation within the market to help you know when a top is in play.
I try to avoid price speculation and let the trends come to me. Staying patient in the markets and letting the big picture unfold is where you will find your best price entries.
For now the weekly and the 3-day charts are bleeding out, with no signal for me to want to enter the cryptocurrency sector.
I wish the best for you all,
Take Care.
Short scenario for BTCWaiting for divergence and bos on LTF as a confirmation to enter the trade. I will also use LTF to find the best entry point.
I am new to trading so there's a high possibility that my scenario is wrong. Constructive criticism is highly appreciated in the comments)
BTC H S / W PATTERNHey everyone
This is my prediction of BTC chart today. We will see a W pattern in my opinion and a small HS.
I will play a short in the Right shoulder until we bounce of the 30k Support again.
Bitcoin - Just look at the chart, Bullish or Bearish? Dear friends,
I can't resist showing you this chart of Bitcoin.
Why? Because many people are afraid of a decline! Is it right?
Look at this chart and judge yourself. By the way, I respect the opinion of everybody. It is not right or wrong. It is an idea and the number of logic elements make it more or less valid. Feelings about prices tend to be often wrong so that is the reason I like to trade what I see and not what I think.
There is always your stop loss, Stop loss hit, perfect, buy it even lower. But the main trend of Bitoin is up and it will reach much higher prices in the future due to the limited quantity of coins to be mined. (not so with others).
1. This chart shows that Bitcoin is still in a bull market! Although at the bottom of the channel, the bottoms are still rising! A quick look and you see it right away without even thinking.
2 The 200 MA slope is also bullish and pointed upwards! The price is below the MA but price always comes back to the MA. A falling slope of the 200-period MA is very different and indicates a bear market. Not the case here.
If Bitcoin completes the 4 year cycle as it should be (Also read my previous updates on why Bitcoin is interesting with the US printing trillions of dollars) then you get a more complete and clear picture.
The red trajectory is a possible traject but if Bitcoin with a close daily candle below 30000 then that is a clear breakout from the longer term trend channel with possibly 10000 as a goal. But even then Bitcoin remains in a rising trend. This trend line can be seen standing at 15000 by the end of 2021.
This is what the chart shows and what could be possible because it did not happen yet!
Please share your thoughts and idea's below dear friends. What do you think and why do you think it.
I wish you all good luck with trading!
Disclaimer Traders this is my view, no advice to buy or sell. Also always do your own research!
--->> Traders please follow me for updates and give me support with a like 👍 if you like me to continue this work. Thanks 💚
BTC Dropping - Update #3 - Low TimeFrameFor Scalping, and i believe my Darling Bitcoin will see 30,000 to 24,600 Soon, and that will be STRONG step to grow 100,000 :)
W! : This is only my Analyses to show you numbers better, at the last you'll Decide better than others , so Not Financial Advice.
BTC/USD Clearly bear market!This is what a technical analysis means, looking at the past. When we look at the previous end of the bull market it is following the exact same pattern now. Do not let these "hope giving" social media posts get you! Stick to the charts, not to the emotions or opinions of people!
BTC Short areas, High probability trades Golden pocket boxesexpecting BTC to pump atleast to 36.8k or higher, CME Gap 36.900
Next leg down incoming...Clear bearish pennant forming on $BTC -- Called the top on this a few weeks back, next leg down coming soon ladies and gents ;)
Ichimoku Entries With the TrendWhen using the Ichimoku indicator, it is usually a good idea to enter a trade in the direction of the trend when you see the Tenkan & Kijun close together and when the Tenkan, Kijun, and Cloud have sharp angulation pointing to the future price of the asset.
You can see in the chart that this was the case previously as the price rose, now it could be the same case as we move down in the opposite direction.
Bitcoin Downside TargetsUsing the Istanbul by MM indicator by @baymucuk we can find targets. As he says when introducing the indicator, "Istanbul is a smart support/resistance indicator based on price action. It analyzes price with different lengths and decide where is the high volume and reversal pattern."
Looks like we should be going to 30k and lower in the future. Buckle up.
Letss goooo!!! ⭐🎊People actually take the time to say nasty things to me but ya know what??? "Coin Go Down Bro" May8th-May12th Sit boy, Sit... Now roll over good Dogie! 🐶confused doge face? LOL
"But, But The Guru said..." ✋ 2017 charts do you remember what they looked like before everyone saw the other side? It's a hustle where everyone is a Guru and pure genius. Why can't the Plebian Overlords just say that??? Oh ya they did Sat happy dump day! 🎊 ***Talk noise and buy TOPs that will show me whos boss! LOL 🤤
Pro Tip: "Noobs & Ding, Dings please try to understand some people have had bags BIGGER and LONGER than you."
One of many catalyst to the deleveraging event still yet to come in crypto.
"I personally feel that buyers are going to increase their exhaustion buying dumps. Things can happen too fast for the little guppies to nibble up all the Whale crumbs.. As things sink down toward the inevitable abyss."
🤷♂️ #Fixed
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a lot??? LOL
-No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
"KEEP CALM AND MANAGE THY RISK!"
I am The CoinSLayer 👨💻👿
DOUBLE TOP SHORT TRADE BTC/USDTSHORT TRADE BTC/USDT
ON TP1 50% RISK FREE
ON TP2 50% ESTIMATED RISK FREE
BTC vs DXY As you can see in the picture BTC has 1-2 weeks offset in time with DXY
I tried to mentioned this difference in both charts
It seems it more probable to see another leg down in BTC
BTC correctionWhen you compare bitcoin growth in 2019 in green elipse it is almost identical with the second growth in another green elipse. Rapid growth is very often followed by a sharp fall. Just be careful.
how much will BTC fall?BTC chart had a rising wedge and broke under line
now I predict BTC is going to have a pull back to the that line and then falls to around 47000
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