BTCUSD - Sell 10/02/2020Friends, please before reading, support this idea with your Like and any Comment, thanks.
You can sell BTCUSD from 10000
Stop-loss at 10200
You will find more trading ideas in SAV Finance community.
Xbtusdshort
Bitcoin pullback incoming?
Bitcoin Broke our support line and confirmed a rising wedge breakout from the downside.
Possible Bitcoin will now change to a downward channel.
-Bearish Volume in a 4H time frame.
-Resistance Area:
10000-10110
-Support Area:
9732-9570
Let's see How far this coming pullback waiting for a rejection from the resistance area.
BTC Losing Strength Across Multiple Time Frames - Saturday Feb 8Hey guys,
I hope you are all having a great Saturday! I was looking at BTC across several different time frames last night using a four screen method and noticed that the market is losing strength up to the 2 day time frame.
Chart Time Frames:
1, 8, 21, 48 Hours
Indicators Used (top to bottom per chart):
MACD
RSI
Keltner Channel
Quad short-term EMA (8, 13, 21, 55)
Dual long-term EMA (200, 300)
Indicator positions:
RSI: Losing strength with a lower high signal line and higher high price action. This is seen across 1, 8, and 21 hour time frames. Waiting for confirmation on longer-term 21 hour time frame.
Keltner Channel: Price is located at the TOP of the channel on the 1 hour time frame and ABOVE the channel on the 8, 21, and 48 hour time frames.
MACD: Histogram decreasing on all time frames with signal lines above 0 (on the positive side).
Trade Positions:
I am looking for potential short positions as the market pushes against the current resistance levels. Look for things like the MACD histograms ticking towards the negative side with EMA break downs on the 1 hour time frame which could cascade into the longer-term time frames. I would also like to see the 21 hour RSI confirm the lack of strength in the market with a lower high with higher high price action.
Happy trading!
I am a simple market analyst - not a financial analyst
fortis Fortuna adiuvat - fortune favors the brave
Learn to trade: cliftrade.com
Let's Short Bitcoin From Heavy Weekly Resistance --> We trading under a Rising Wedge .
--> We are almost at Weekly Resistance which is not easy to Break
--> Funding currently at short side with $1B Open Interest
The Battle Of 9400 and 21 EMA (1HR Chart)I tried to make it as clear as possible on the chart, but here's the thing... right now horizontal levels are aligning very well with moving averages on the hourly chart, and for the last 4 days we've been holding support off the 21 EMA in the same timeframe. Bulls have to break and claim the 9400 level, bears have to break the 21 EMA (currently around 9.3k) for us to expect continuation to the south.
BTC dump incoming?
Bitcoin now rejecting at this slopping trendline plus rejected at 50MA in a 4H time frame. We have
a strong level of resistance area between 8700 - 8794 region and I expect a dump to retest
support trendline at 8429 - 8320 if bitcoin continues this dump.
Priority today for bitcoin Short
7600 next stop ?BTC Update
After trying to break the 8200 level for the past few seasons, the BTC has been falling since the beginning of this session and is currently trading around 8100.
The daily technical situation seems ready to cross lower while the indicators in horizon 4h are already negative.
What to do?
On a shorter horizon, the technical situation is showing signs of a possible rise, which doesn't exclude a test of the 8200. A short position could therefore be opened at this level to aim for a return to the 7600.
Stay safe, guys!
$BTC Fib Holy GrailPublishing this chart to see the relevance of these fib's, and custom fib's.
Red and Green boxes are just the current CME gaps that exist.
We're at a critical point for Bitcoin. Many bearish and bullish possibilities from here.
Does feel like Wyckoff, so I have a hunch we're going up. But, will react either way. I have a short still open from $8440 $XBT.
We got our higher high on BTC!BTC Update
We finally got our higher high, guys! Bitcoin has fenced above its resistance zone with a very nice bullish candle, almost a marabozu.
I was telling you about it during the whole previous session, the technical situation was showing serious signs of weakness in 4 hours and shorter, but the BTC ignored all that.
If we look at the technical indicators today, the 4-hour horizon is increasingly overbought and the likelihood of a correction after this impulsive movement becomes greater and greater.
What can we do about it?
If you weren't in at the start of this increase, it's a little too late guys and we're going to wait for a correction, which should give us higher low, to position ourselves for buying.
Stay safe in the meantime and reduce your "normal" position size if you want to trade against the trend.
BTCUSD SHORT TERMHello traders, here is my analysis on BITMEX:XBTUSD it seems it will want to reach the resistance at the top but anyway i am open for any contribution in the comment section
Bitcoin Bulls or Bears?Good day,
Bitcoin found good support at 6900-6850$ but still not able to close and open above recent swing high while providing another lower high.
Looking to #SELL 7400-7450$
Good luck,
Stay safe,
Bitcoin Must Dump $200-$250 From Current Price.Currently. We are currently on DownTrend Channel.
If This DownTrend channel works perfectly we must dump to FIB 61.80% under the next 3days.
Note: The pattern is only valid if the Downtrend channel works.
XBTUSD short scalp Note: The box/The Fib is my ladder short entry.
Taking profit every 0.50%(after filled the entry)
Down-side and move stop-loss in BE point
RACEACEACE BTCUSD BITCOIN XBTUSD UhohUpdate to my previous idea. The last time the TEMA 1000 crossed below the EMA 287 on the 4 hour, the Bitcoin price began its mission to the bottom and dropped $3000. The present 4hr TEMA 1000 and EMA 287 = uhoh
We going to dump slowly-slowly in "Jan-2020"In This chart, you can see the dump after "31 OCT 19".
If you check the chart of "25th Dec 19" bitcoin was dump almost 10%. now, what currently I'm feeling. We going to dump slowly-slowly in "Jan-2020".
Almost $1500-$2000 dump from the current price.
Why I'm feeling we'll dump not pump?
Cuz In the daily chart Bitcoin facing the resistance and bitcoin move big movement before 5 days of the end month OR after the end of the month I have explained already in this chart =
Huge cloud upon us / Short IdeaHuge Ichimoku Cloud is upon us combined with almost all other indicators signaling bearish movement. See you at 4-5k, the last 4 digit bottom of Bitcoin.
