Xbtusdshort
Continuation of the downtrend and resistanceWe are at the resistance are $6950-7000. This are is perfect for reversal and continuation of the downtrend. If we break over $7300 bull is back at full force.
Short at $7000
Stop: $7300
Target 1: $6020
Target 2: $4900
Good Luck!!!
$1250 profit trade #2Another $1250 profit trade to the short side.
Short area: $6150-6200
Stop: $6400
Target $4900
Good Luck!!!
BTCUSD Head & Shoulders ShortFundamental: Short term uncertainty, misinformation, and panic over future of BTC due to sudden cancellation of Segwit2X and the large volatility that followed.
Technical: BTCUSD has been severely overbought on larger timeframes for some time now, and yesterday's volatility introduced uncertainty among many newcomers. Not accounting for the short spike that made a new ATH upon the announcement of the cancellation, we have a clear head & shoulders forming, and should see a correction to cover the gap down to 6100 USD
Trade:
Short entry: Below 6900 after it breaks
SL: 7200
First target: 6660
Second Target: 6420
Final Target: 6100
BTCUSDChart is self explanatory. Pullback in a extremely bullish move. Overall still bullish in the long term chart.
BTCUSD Scalping Starting Short - I believe we follow this trendlinbe and are overboguht keeping a close eye with close stops but in at 7370 short x 100k contracts. Ill be swinbg trading
Daily chart deeper correction (XBTUSD)Short anywhere between $7100 and $7200
Target: $6320
Stop: $7400
Good Luck!!!
Halloween Special $1000 profit trade (XBTUSD)We have a huge triangle that formed over the last couple of weeks. Once we break out of it I think at least a $1000 move in either direction is coming.
Good Luck and don't forget to add your stop once in the trade!!!
Short term trade XBTUSDI think we are going to have another consolidation period before further advancement over $6600-$6650 area.
Short area: $6600 - $6650
Target: $6450
Stop: $6680
Short BTCUSD to 4800The market turned and our last trade was profitable. We will now retest 4800 with a pull back, possibly as deep as 4600 or 4400. From there we will most likely re-bounce as the D1 market is still bullish back up to test 6000 and possibly north to 8000. BITMEX:XBTUSD
Of course there could be some turbulence as we pass through our bull Kumo on the H2-4 spans as during these times we will have two new hard forks going on. However, having seen how the market reacted to China and Russia news we should not be too fearful.
We could see a short lived re-bounce back up to 5300 once we've passed south of that as outlined with black arrows versus red arrows in the chart, taking into account Kijun- and Tenkan-sen levels if we go south of Tenkan-sen or not. That makes stop loss forced to be north of where we are now.
As always, trading is probabilistic and the above is the most likely scenarios. Stop losses and no emotions are your friends.
HYPE HYPE HYPE --- Getting ready to short Waiting for a $50-$100 downward movement then putting on a heavy levearged short on bitmex ---- i will let you know when I enter
