BTC Shorts update BTC is breaking below ascending triangle. and colsidating below. preferbly gonna break below as probability for this setup is really high.
Risk
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Bitcoin-short
BTC - The road to 15k or even 10kHello,
This is not financial advice, just my pure prediction.
I waited for this moment for so long, but finally, we are one week close to BTC's next possible price drop.
My prediction:
Soon BTC will make a final increase up to 22-23k and then will start to drop to 15k and then 10k.
Why do I think this will happen?
- We are close to one of the most significant recessions(you can look at my Dow Jones analysis from February, OIL Price, and other materials prices), and people have started to get their investments out from crypto to do more secured assets.
- The price action: As you can see, it will touch the 1D trendline very soon, and I don't think the bulls are too strong to push the price above it too much.
Maybe we can see a small bull trap, but the price will go down in the end.
- We are in a bear market
- Many crypto projects started to fall, and the fear in the market became more prominent and significant, making people short the price.
- The stock market is going down (see my last post on Dow Jones from February 2022)
BTCUSD bloody mess.Influencers will scream 30'000 or a new high after we break the trend line.
For me we will just take the Liquidity and move heavy to the down side.
12'000 by no later than end of the year.
Just watch and do the opposite of the "Influencers"
Please dont but all the money on the line, your saving will be gone.
What do you guys think? please comment down-below
Bitcoin Analysis - IndecisiveMarket Update - Bitcoin - Indecisive
Bitcoin has been in no man's land from the past few days. I was ready to short, when it got rejected 24600 level, but the recent impulsive move upwards move has made me invalidate that idea. Overall the whole market is indecisive. At this point, I am sitting on the sidelines, waiting for the market to do its thing and then enter in trades. Currently there is no trade.
I would only be looking to short bitcoin, if it crawls up to 25700-26000 levels, it would be a nice opportunity to short with minimum risk and the next target would be 17000-15000 levels. This is the only trade that I would take if it comes to my levels.
On the other hand, Bitcoin can just drop dead to the structure lows (blue trendline) and then proceed lower. In that case. I would not be entering in new short positions as market is already at very low levels and shorting from there would not be a good idea. The reward would be less and then theres this major support level at 16000 from where I expect it to reverse completely.
Short Version of the Summary.
No trades as of yet.
If bitcoin touches 25700,26000 levels - Short
If bitcoins falls below the trendline, Only look for buys at major support level.
Easy Shorting Setup On Bitcoin (BTC/USD)The second day of the week. Lets look at Bitcoin
Bitcoin (BTC/USD) Shorts are not done yet, there have been many investors now getting back into the market buying bitcoin. I do not think that bitcoin has reached its bottom yet. The trend remains bearish with confirmed lower lows and lower highs, and this is the correction. The manner in which price is moving is very corrective, I would like to see price take its time back up to 28295 which is my point of interest, it's also an untested level resistance that should be filled and provide, at the very least, a reaction.
My target on this one is the previous low which should be an easy target if price manages to reject the point of interest. There may be a lot of room for price to create a new lower low. On the flip side, Price could continue to push past my point of entry, If price breaches 30k with force I will exit this position or just manage my risk by closing partial losses.
The week is still young and there is no need to force anything. Stay disciplined.
Renald Philander
BTC Corrective in natureLooking at fibonnaci sequencing - We see an impulse move two - which is rather handsome.
Impulse move 2 respected fib level - 0.618 - then on this move I used the Fibonnaci extension and found the extension level that matched the 0.618.
This price level is on 470-482.
At this level I see a potential bearish move to the next liquid zone. - 433B.
BTC panic sale incoming More than year we see only bearish formations on big timeframes. All tichnicals and fundamentials say that it isn`t over. We have to see one more wave down to retest last point of pump and draw finaly expanding triangle. After that we can expect huge reversal move but not earlyer.
btc :)Hi, I'm back again
In my opinion, this analysis will be 90% correct. With the session on Wednesday in America, we will see the new floor, which will be between 19,500 and 20,000, and then the upward trend will go up to 27,000 and maybe up to 29,000 in the first step.
We have to see how the conditions are there, but most likely we will have a correction up to 23 thousand
bitcoin is going down 👇!!!hi there guys I hope you all doing grate.
when we can say that bear 🐻 trend starts?
well in my opinion a bear trend starts when we will seriously consider a brake out which we can see it obviously hear.
therefore the only position that I will open hear is short. in this case (I put a limit order to sell)
☢☢☢☢ do not open position against big trends ☢☢☢☢
cheers 🥂.
BTCUSDT HIGH RISK SHORT OPPORTUNITY ALMOST SAME AS THE SOL TRADELooking at the markets I understand it's an attempted short squeeze but I don't see it going much higher without retracement. You see the wicks are showing exhaustion and this is a very risky play with no confirmation for maximum gain. Potential reward is great but it is risky, especially going against the trend like this. I am monitoring the volume footprints to make a final decision. This is not my normal trade style but I see opportunity I like to take it. Remember your risk tolerance and don't use over 2x leverage if you have to use any at all. Could use an ABC reversal pattern for confirmation but not the best entry. Not necessarily a reversal either more a retracement or counter trend trade.
Not financial Advice just a fun idea. A DeDen play basically but a looks promising. Let me know what you think. Is it too risky? Like any trade make it your own and modify it to fit your trade strategy and style and for heavens sake use a SL.
Good Luck
-NFA
KUCOIN:BTCUSDT
BItcoin to 14k No one knows what the heck will really happen with bitcoin but...
according to the chart we are in a falling wedge that needs to regain strength killing all short positions.
Even if it doesn´t fall to 14k (it will) as, cash left the market, high inflation worldwide, energy price for miners, trend analysis, and trend following, I would not mess with crypto right now.
Is not even cheap to buy it now, this is not the deep. A possible scenario may be a correction of 90% from 28k.
Don´t get me wrong, I am one of the believers of the blockchain, Bitcoin will go to 200k the next bull run, but not this year.
Let me know what you think.
Be wise don´t work for money, make money work for you.
Fractals indicating BTC is about to go deeperI like trying out different indicators, searching at random to see what clicks. This " Honey Cypher " indicator is a recent favorite. I've circled the fractals on a 19H chart. Two consecutive dips on the Honey Cypher chart, where it does not break above the 0 mark, precede a rather large dip on the price chart. The magnitude of the price chart dips also seem to correspond to how far apart the Honey Cypher dips are, along with how symmetrical the dips are. The current pattern emerging show the most symmetrical and spaced apart Honey Cypher dips yet.
Check out the "Related Idea" for specifics on the Honey Cypher .
Buckle up.
Dailiy EMA 30 Rejection Phases for BitcoinAs can be seen, when we examine the rejections associated with the 30-day exponential moving average in two separate channels, it is expected that the price moving in the falling channels will break the falling trend after the 4th phase.
However, it is useful to be careful and not to enter a position without using stoploss, especially in margin transactions.