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Bitcoin-short

🔥Second signal, another possibility to entry📉👀I will make quick, the larger view on this assets will be develop in the LDTP update that I will do next, so follow me to be notified when it will come out. On this setup, I already took position on the first signal, more complexe and on scalping session I didn't had time to post it. So with this second signal it's another opportunity that I see. The pattern is more common and completed. If you follow me you know it's not a hazard where it took place. I developped a 4 hour timeframe Wyckoff pattern and lately when someone asked me in comment where we are going I said to take care of this area particulary like show this image : You can find the full description of it in the related idea under this one. Like some know I'm also positionned long on a daily signal, I rarely short, except to edge my positions. Here we are on a key area between going long and follow the daily signal and go back to the support and probably spring in the wyckoff pattern which mean take a loss on the long daily position. That why I'm positionning myself ON SIGNAL and ON THE KEY AREA to cover my possible losses and in the case it break up I admit to loss a part of my gain to secure the profitability of the long term strategy. "Making money in trading is math and respect of strategy, so never let your emotions guide you in uncomfortable positions" Also, this signals are interesting, of course because it happen on a daily resistance but also because we did a breakout of the last resistance & AR of the Wyckoff pattern which create an imbalance and like I already explain imbalances are anomalies of market and have to be closed. So price should be attracted from it to rework on and fill it with volume. If we don't we create a trend which is really promising for the future of the long daily position. If we do it, it will occur to two possibilities : pullback on the broken resistance before to go back up - or reintegration of the range and so of the Wyckoff pattern which mean return to the support area. Technical here but I will try to give more precisions in the upcoming LDTP update. Follow to be part of it ;) Like, follow or comment if you like, it give me some strength to continue ! I will update this idea with evolution of the pattern.
Short
by Kentg
Hasn't happened in 13 months: (Bitcoin 3-day)Let's keep this one short & sweet. Bitcoin is in a short term uptrend after a potential bottom on Jan 22 2022 (the start of the bottom trend line) after months of downward crab action. What we're looking at here is the 3-Day chart for Bitcoin with the free version of market cipher B & several EMA lines. The yellow dotted line is my trend zone drawn on Feb 24 2022. We have clearly broken that trend line to the upside. What hasn't happened in more than 13 months; are the 5 consecutive green candles on the 3-day chart. Feb 22 2022 was the last time. We are currently on green candle number 6, but there is still time for the green to flip red. Market Cipher B has printed a red dot (a sell signal) on every time interval before the 1-day chart, this red dot is coming. The bull run may very well be back on, but we need a correction first, likely 10-12% minimum. That would put us at 41.7k-42.7k USD. None of this is financial advice (obviously) but I'm personally going to be watching 41k as a crucial level of support. I think that 41k is worst case scenario for a true "correction." Anything lower (on the 3-day close) would tell us that this was just the Bulls coming back in after storming out screaming "And another thing!"
BITFINEX:BTCUSDShort
by TerranTim37
Bitcoin future 72K $ !?According to my future outlook, I expect Bitcoin to break the price of $50,640 in the next two months. I think it will be in May. I think 05/17/23. If it breaks it, it will continue to rise until November and December in 2022. It will touch $72,000 for the first time, after which it will reverse downward for about two years on 11/11. 2024 or 12/2024 in order to descend to 50640 and reverse its rise, perhaps its direction will be towards 90,000 dollars, so I advise that you take advantage of this period to invest your money in Bitcoin, especially when it touches the 39,320 dollars that I have already referred to.
by Abdeelhakeemtrader
Bullish? HmmUsing Fibonacci, ostensibly there's 2 competing patterns. Looking at the recent price action of the past BTC price action taking a significant move downward will happen between $43.2 and $46.9K Depending on the legitimacy that price is increasing from positive speculation / prior accumulation price could increase much higher. *However recent experience that price is continually push higher in an artificial manner per- Miner cartels/ Market Makers and exchanges/ that is primed to sell into the marginal increasing volume of new buyers...
by Joseph_MG
Bitcoin - Short term bear idea Keep it plain, simple and minimize the noise! Head an shoulders forming on the BTC 1hr timeframe, this is a bearish pattern. If pattern is successful, ill be ready to short and take my first profits around $39.5k. With any trade, ALWAYS be patient wait for confirmations to avoid any fake-outs. I also have a short term bullish idea that I will post directly after this :) The key to being a successful trader is to not matter which way the market is going, instead to just constantly profit when the market is up or down. A good strategy I use mostly is bearish/bullish retest confirmations, once I get the confirmations of whatever pattern I am watching - I enter trades Might post an educational video showing my POV and strategies to how I have been trading the markets for over a decade, its good to understand as many different perspectives as you can - then develop your own style. * * At the moment - the market is sideways, choppy and RISKY * * I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade Comment your ideas down below :)
BITSTAMP:BTCUSDShort
by tradermoth