Short Bitcoin hard at this level ALL in 100xStack shorts from here up until 44.5k
SL in orange
target 20k-19.8k Minimum
LETS GO BEARS
XBT30M trade ideas
BTC (you see what you want to see)That is how most people make analysis. They see what they want to see, they look for indicators and charts that support their views and they thumb em up. And they get REKT.
You may think I have problem with bitcoin, but it is not true!This is a review analysis to see how many bullish analysis I published between September 2020 and April 2021 on bitcoin, and compare it with Bearish analysis I published afterward!
Each Green dot(triangle) means a Bullish analysis I published, and each red dot(triangle) means a Bearish analysis I published.
It really is important to understand the shifts in trend..!
What Is a Death Cross?What Is a Death Cross?
The death cross is a technical chart pattern indicating the potential for a major sell-off. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
What Does the Death Cross Tell You?
The death cross occurs when a short-term moving average (typically 50-day SMA) crosses over a major long-term moving average (typically 200-day SMA) to the downside and is interpreted by analysts and traders as signaling a definitive bear turn in a market. (I use EMA )
Looking back over the most punishing bear markets of the past century, it seems the death cross holds up best once the market has already lost 20% of its value. In those instances, investors who fled stocks minimized their losses. But for smaller corrections of less than 20%, the temporary appearance of the death cross may be reflecting losses already booked, and thus indicates a buying opportunity.
On June 23, Bitcoin was trading between 28800-33300 (-55% to -45%)
This may sound old news today, But It was not on May 19 when I published the post, and predict this 35 days before it happened!:
One important question:
If bitcoin trades do not follow a purely algorithmic approach, how did I predict the Top at 63810.01 on the correct day??? and calculate the death cross, 35 days before it happened???
Reference:
www.investopedia.com
The Bifinex Whales are gone?Pretty weird they haven't stacked up shorts at a key resistance like in the past. BTC went up to 42k and faced quite strong resistance but they aren't shorting. Very odd indeed
btc comeback and Rising market of cryptocurrenciesAs you can see in the picture
.. bit price by reaching the Fibonacci gold zone
In golden number with a long shadow in
The first daily candle of a fake break
Done and the next day, daily candle break
out and continue to climb
Given but reaching the golden zone of Fibo
From historic roof to 3-month floor
,,, Rejected price .. now or
Have to wait for a pullback to this area and breakout
Next and midline failure in the long-term channel
,,, or the price will reach the 38.2 Fibo short-term line
And let's see how you react to this support
It catches ... Of course .. bullish candle due to attack to
Prices by buyers and daily formation of Doji ,,,.
In the short term, bitcoin seems to be on the rise
... Of course, if China and elephants each person
,,, will not remember India .
Red Pill or Green PillHey guys! 1PERCENT here.
Its still hard to find a good trade so I'm waiting this out for a clear direction
I personally think the RR is better for the shorts right now and the bulls will have their chance once we reclaim the range high of January.
The bears could start partying once bitcoin breaks the yellow trendline which will lead us to 36.4k.
In the longterm, the crypto market still seems optimistic and I think that IF we do get a dip its shopping time.
Stay safe out there and always keep your stop losses if you're trading.
Keep your dreams real.
1PERCENT
Bitcoin updateI am updating my chart a little bit, I adjusted the target. 45k-50k seems more like it before a pull-back. Right now Bitcoin is once again fooling traders by stopping at the most likely resistance. Some side-ways movement ahead of us before we continue higher.
Going Perfectly as Planned! - 07.30 UpdateHey guys! 1PERCENT here.
After the fall from the range high I mentioned how we were likely gonna see a bounce if we stalled on the 05.19 range mid because its been the most important range recently.
We are currently bouncing off the range high and everything will depend on how we do at these levels.
The important part to pay attention will be the breaking of the range high for the bulls and the breaking of the yellow trendline for the bears.
I personally think the RR is better for the shorts right now and the bulls will have their chance once we reclaim the range high.
In the longterm, the crypto market still seems optimistic and I think that IF we do get a dip its shopping time.
Stay safe out there and always keep your stop losses if you're trading.
Keep your dreams real.
1PERCENT
bitcoin target around 40,000 $It seems bitcoin finished wave 5 and also, reacted well for its support (30,000 $). I think bitcoin can reach at least around 40 ,000 $ but major trend is bearish .
BTC (up we go)I cant see this train stopping yet. We are going to hit 50-55k area before a bigger pull-back. This will form the fist wave when the pull-back happens. Fractal can be seen in lower time-frames (5min) for example.
Going as planned! - 07.27 updateHey guys! 1PERCENT here :)
It turned out the news about the bitcoin payment by Amazon was a rumor, which caused bitcoin to fall.
On the chart it seems like the 05.19 range high is acting as a strong resistance. I mentioned that if we take $35040 we will see higher levels and there you go!
We can see that BTC is currently stalling on the local range support. The important part to pay attention will be the red trendline. If broken we'll see a deeper pullback, if it bounces off of it, we'll resume the uptrend.
As you can see we are still range bound and it seems to be safer to not chase the trend but to play level to level using ranges.
In the longterm, the crypto market still seems optimistic and we think that it's a good place to start stacking spot long positions for the next bull run.
Stay safe out there and always keep your stop losses if you're trading.
Keep your dreams real.
1PERCENT
BTC expecting something like thisIn my eyes we are following the fractal, but you cant see it unless you zoom in to really low time-frames. I see that we should be hitting 54-55k at least before a pull-back.
Neutral Mindset help you see things better..!It is all about calculation the right time ad the right asset..!
I have + 100 analyses about Bitcoin, 15 for Total Cryptocurrency Market cap, and One for Ethereum.
Sep 2020 - April 14, I was Bullish, more than 40 Bullish analyses.
The past 2 days:
This is the second time I publish a Bullish analysis in the past 100 days! Total is +7.6 up, Bitcoin is +14 up and Ethereum is +5.2%.
CRYPTOCAP:TOTAL
BITMEX:XBT
COINBASE:ETHUSD
Those who hate my analyses about cryptocurrencies, it is time to Raise your hats and your glasses too..!
Moshkelgosha (Sniper Trader)
Bitcoin just got GameStop-edHello Traders
At the time of my previous publication it was clear that we were moving lower based on Technical Indicators and some chart patterns.
We, have since been GME-d.
See my related video update below on how to spot a short squeeze (and what is a short squeeze, why it happens, if you're not familiar).
Welcome to crypto, sigh.
In order for us to consider a reversal to sustained upward pressure, we would need to capture and CLOSE above 40k.
We have steep resistance at 40, but after that the path is clear to 50 and above.
Trade Safe,
BlockTechEv
Bitcoin new Short Set up target 19.5k- 20k USDOkay bears got stopped out in what appears to be a short squeeze
But hey price is still headed lower
New Short set up
Short 40.5k-41k USD
SL 42.5k
Target 19.5k USD- 20k USD
Cheers
Bitcoin, A Bearish Wedge ?Bitcoin current structural support and resistance is the shown areas and I see a bearish wedge triangle pattern which can cause a fast uptrend to the top
100 days after All Time High..!This can not be a coincidence..!
100 days after the Highest price ever, trading in the territory of the candle 100 days before the Top!
Amazing Statistic:
April 14: Green /Red candle in the past 100 days:55/45 (lowest in the past 200 days)
you can not find a single day in the past 100 days with a higher ratio..!
Pure mathematics, and nothing else matters:
Gaussian kernel
None Logarithmic:
% Chart:
Logarithmic Chart:
Link to my analysis on September 12, 2020:
When bitcoin was 10k I talked about 100K
Link to my analysis on April 14, 2021:
When bitcoin was 63810.01, I compared it with December 2017 crash!
I want to dedicate this post to all my followers who are Mathematicians, Machine learning experts, Programmers, and Data scientists.
There is a big difference between a small fish and a small ambitious shark..!
CRUNCH TIME! Bearish Pattern & Re-Test of Descending Triangle?My previous idea is still in play. Here an update on the 4h chart. I extended my previous red lines that show the downward trendline and heavy resistance zone we are currently in. Simultaneously, we are testing the broken Support/newly turned Resistance line of the Descending Triangle. Note: It seems like we are forming a rising wedge and also have a bearish divergence on the 1h chart. Buyers may be getting exhausted. Some candles printed like the 4h hanging man and 4h shooting star are also bearish...
This is CRUNCH TIME Ladies and Gentlemen! In my opinion this was a good opportunity to add some more to short positions as we are in a bear market and it will likely continue down from around this area. HOWEVER, IF and only IF we break these RESISTANCE ZONES/TREND LINES WITH VOLUME and RE-TEST, then I shall invalidate this downtrend.
Best of Luck my homies!
