BTC - Longs and Shorts
Will let the charts speak for themselves.
Top: Short Positions
Middle : Price
Bottom: Long Positions
BVOL7D trade ideas
BTC Possible Breakout in Early July?The grey line represents the major fibonacci extension level from the wave 1 (refer to my last post for a better look at that). The green line is a major horizontal support line. I see a potential higher low to be made. The fib extension acting as short term resistance and this horizontal line acting as support. After this, the wedge could break upwards. Furthermore, the bullish divergence showing up in the RSI can't be ignored.
My idea will be invalidated if a new low is made below today's lows.
Challenge…!I publish long analysis on bitcoin with target price of 100K in September/October 2020 when it was 10444-12441.
Then I trim the target to 50-72K for the first few months of 2021, in November 2020.
When it was 58K I talked about possible crash, on 62K wrote about alarming sign in April 2021.
April 14th When bitcoin was 63810.01, I compared it with December 17th, 2017.
Do you know what happened back after December 17th, 2017?
Bitcoin crashed from 20K to 3.1K and lost 85% of its value..!
Challenge is :
Find any analysis at the price above 63810.01, with the same prediction and put the link in the comments, and receive 3 months TradingView Pro account. (I will provide 5k TradingView coin for the winner)
Date of publication must be between 13-14 April 2021..!
Reference:
I'm just curious to see how it will be after Coinbase traded tomorrow.
I remember on December 17th, 2017, when bitcoin touched 20k, I send the link of Tulipmania article to my friends and asked them to read it.
Déjà vu is the feeling that one has lived through the present situation before. This is a French phrase that translates literally as "already seen".
Btc UpdateIN D time frame We see 5 Wave Impus as 1 Or a. we expect Post Pattern ABC ZIG zag as a Increase Correction Will be Happen.
It is Just Analize. We WIth fo Complete Wave 5 And see Divergence...
I DO NOT Agree Short Position For Wave 5 TP.
Bears taking profitAs can be seen on the BITFINEX:BTCUSDSHORTS chart, bears are closing there (Underwater) Short positions in profit.
Some of them have been holding the positions underwater for over 5 days before being able to push out some profit.
The aggressive closing of shorts while we are aproaching the local higher low we formed 2 weeks ago gives us some bullish hopium.
The chance of getting a bounce around here increases while we are reaching the 89 EMA on the 5D at the same time!
Feel free to share your thoughts in the comments
Trade wisely and remember to make use of a stop loss at all times .
BTC Bear SignalIt's so dangerous for Bitcoin if price will broken Ema 50 and Neckline Of H&S Pattern.
In Weekly we can see Negative Cross Between the KijunSen and TenkanSen.
in daily we can see Death Cross (negative cross between MA or Ema 50 & 200).
Bear signals dominate the market.
Only bullish Signal is OS of Rsi and other oscillator in Weekly and Daily.
DXY (Dollar Index) Is so Bullish and that means it bitcoin and other Market (like gold, Currency, Stock) Maybe decrease.
If the 28-29k support is broken, the market may be completely bearish.
I think Every Increase Is Chance to Save Profit or Loss reduction.
so BE CARFUL
be carful and set your Stop Loss... Do NOT FORGET SET YOR STOP LOSS
squeeze me baby don't teeze mewith this bitcoin death cross happening right now there's rumors going a short squeeze could happen causing a sudden pump.
$BTC Short Interest FallingNote the wick on the Monthly candle. Is smart money now covering their shorts. Based on the long upper wick, this seems quite plausible
Are we in a bull run? No.Bull run = expectation of higher monthly highs
Bear market = expectation of lower monthly highs.
Does this mean BTC has no value? Ofcourse not..
It just means you should be locking in profits right now, as opposed to buying to hold. So now is when having paper hands will trump hodlers..
Shift risk when the market shifts :)
BTCUSD Shorts dropping downSuddenly there's a drop in BTCUSD Shorts while BTCUSD Longs are stable...
Could this trigger an end to the bloodbath? Today's weekly candle close remains critical to watch.
Somebody Knows Something!The Death Cross is happening very soon
Tactical capital is piling into the short side, expecting another huge level down from Bitcoin
Michael Saylor has his life on the line, and wants to capitalize up to another billion dollars on the buy side, Question? At Market, or is he waiting to buy Bitcoin Sub $30,000 again?
Bears are Winning this MatchNobody with capital wants bitcoin anymore.
retail jumping in front of a high speed train, thinking theyre grabbing dips.
looks like the sub $20,000 calls you saw a few weeks ago had it correct.
Risk Tolerance is off the table, now that inflation and tapering are part of the MSM narrative
Bitcoin SqueezeSo The GME/AMC gang had an amazing first half of the year. With the Fed and other's having them under control will they move to Crypto's?
death crossRemember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
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BTCUSD long1) BTCUSD Longs are at record ATH... and I remain bullish!
2) BTCUSD Shorts are at halfway ATL
BTC is on a critical support. But one side is destined to lose and get burned... which side are you taking?
PS BTCUSD weekly chart has closed with a green candle ever since May 19th dip. Will this week's chart turn from red to green (north of 41k), to will it be red?
BTC shorts show a sign of reversal in priceBTC shorts show a sign of reversal in price
The question:
If shorts are reaching a new high number then
Is it possible all of them will win? or crashed?
History show this level usually meet it a reversal in price
