25 MA crossed 200 MA in daily (Bearish)25 MA crossed 200 daily MA (below)and 50 MA can cross 200 MA in next week
XBT30M trade ideas
BTCUSD SHORTS record high!!! Again we continue to observe BTCUSD SHORTS mounting and reaching record high. What does this translate to?
1) The market sentiment is bearish
2) Market volatility is expected to be high
3) Place your bids low to catch BTC... if it falls. Mine are set at 27.5k and 25.5k
4) Expect BTC to pump liquidating the shorts, then it may or may not fall. This remains pure speculation.
5) Have tight SL for your Alts, and exit those in the green to USDT.
Of course nothing here is a financial advice... I am sharing my analysis for you to play it safe, but still DYOR.
BTC What are you up toI am posting this chart too, since there definitely is 2 scenarios that can play out here. After studying some other data and seeing how short positions have spiked very high this could also mean that there is absolutely no reason to visit 25k before continuing this rally up. The longer the price holds in this 30-40k range the more people are going to jump in to all kinds of positions with leverage and whatnot. Bitcoin is building up liquidity on both sides by doing this, below 30k and above 40k.
All eyes on btc for the next 72hrswhat happens with regards to these short position spikes in terms last spike performances relayed to a price action chart on those exact dates?
BTC what are you up toKeep an eye out for that green box which has a strong gan fan support. I personally feel like 25k is coming before the final leg up for Bitcoin after the summer-season.
Bitcoin Trade Setup - Swing Trading Shorting OpportunityBitcoin Trade Setup - Swing Trading Shorting Opportunity
Bitcoin looks weak but that doesn't mean you short it right now. It is forming a triangle pattern and so let it breaks the downside.
You can short Bitcoin once it breaks the red supporting zone.
If you're a conservative trader, then wait for a break from the red zone and retest the red zone again.
If you get any rejection at this key area of value, then you're good to go for short.
Follow me, to get the future prediction.
Difference Between Views..! Acceptance matters..!Beginners look at a single big green candle and hope for reversal..!
Pros look at the trend and trade the most probable scenario..!
compare these two scenarios:
if you did short bitcoin with a 10% stop loss every single day in the past 56 days what would be the outcome?
if you bought bitcoin dips in the past 56 days what would be the color of your portfolio now???
look at your portfolio, it represents your trend recognition ability..!
Do not Forget I have 35 Long analyses on bitcoin between September 2020 and April 2021.
I published more than 25 Short analyses on Bitcoin between April 2021 and today.
September: My first buy analysis
April: My first short analysis:
Being a Professional analyst means :
Updating your views constantly based on the new data market provides to you..!
Big Finex Short Whale SellerIn a few Days from 1000BTC Short to 18000BTC Short... means 17000 new Shorts... last Time this happend ca -61% correction happend so this chart shows similar target, High from Jun 2019.
+SHS Pattern with Target 20.000$-23.000$
Strong and Short.
Inflation data tomorrow: Cup and handle BTCCup and handle formed and completed handle breakout. According to this cup around 40-41k completion.
Never marry an idea, always be willing to change. Things change in an INSTANT.
US Inflation data tomorrow @ 6:30 ET!
BTC 25K? MASSIVE bearish movement? You DON'T wan't to miss this!It seems that the increase of short positions have stopped. When the short positions were opened on may 17, a day later bitcoin dropped from 43k to 30k. This time, there are even more shorts, and the increase is even steeper.
I wouldn't be surprised if Bitcoin will go down by a lot about a day after I publish this, same as on may 17. Personally, I also wouldn't be surprised if Bitcoin goes to 25k.
Seriously? Short accumulation on BTC??Do you remember our analysis from 1.May? You should check it. We predicted bitcoin dump.
See a charts of short position. Do you really think that bitcoin will go down and most of traders who have shorts now will be rich?
Only 10% of people are longterm successful in trading. If you want to be successful too you should do what 90% people don't.
This chart shows opening shorts on bitfinex. But if you want to earn money on short somebody should sell and price should go down.
But if you have stoploss on your position then stoploss mean you will buy higher and of course price will go up.
Very soon can come short squezze and bitcoin can start new bull rally.
LONG VS SHORTS (BEAR MARKET COMING?)Shorts positions are increasing in the last 3 days, are we going down?
It is time to review..! Quality matters..!20 days ago when Bitcoin was between 39-40k based on a prospective modeling I said there will be death cross in the June,
My predicted date was June 21, 2021!
Compare the quality of my works with Eagle eyes chart watchers ..!
Link to original post:
Many people called me stupid, scammer, ...etc, but at least I know I started this to help others!
I know I had mistakes but review my works and judge yourself..!
Today I noticed Bloomberg has published an article talking about death cross ..!
www.bloomberg.com ]url=https://www.bloomberg.com/news/articles/2021-06-08/bitcoin-barrels-into-death-cross-as-chartist-backdrop-darkens?utm_content=business&utm_source=facebook&cmpid=socialflow-facebook-business&utm_campaign=socialflow-organic&utm_medium=social&fbclid=IwAR3OaINz2ULNodID4_k3Zgyncx5KL5CFM5tuVAaOTPDfEL8-p9HoYpceBFI]https://www.bloomberg.com/news/articles/2021-06-08/bitcoin-barrels-into-death-cross-as-chartist-backdrop-darkens?utm_content=business&utm_source=facebook&cmpid=socialflow-facebook-business&utm_campaign=socialflow-organic&utm_medium=social&fbclid=IwAR3OaINz2ULNodID4_k3Zgyncx5KL5CFM5tuVAaOTPDfEL8-p9HoYpceBFI
If you think Bitcoin is a decentralized currency read this..!The more I study the repetitive patterns in bitcoin, the more I become confident that these price patterns are unusual.
If you look at the percentage you see small numbers but if you look at the money equivalent these numbers are so big that could not be the result of someone's tweets.
Another interesting pattern timing!
Since bitcoin is tradable 24/7 it must have a smoother price pattern than stocks.
1- in 3 out of 4 major drops in the past 3 months, you see a triple-star Doji just before or at the beginning of the crashes!
2- in 3 out of 4 major drops in the past 3 months, you see crashes started at 5 o'clock ( 2 at 5 p.m, one at 5 a.m). (This will be different for the time zone you are living in)
3- in all major crashes, it happened in a 3-4 hours time frame.
This kind of behavior is not usual in a highly decentralized stable asset..!
The biggest winners are always those who notice the changes in the early stages..!
