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Bitcoin-short

Food for thoughts 22-04Doesn't feel very bullish at the moment. Bitcoin always has a way to suprise you, but this descending triangle* (bearish continuation pattern) looks like a recipe for more downside, before going up again. Took some BTC and ALT profit of the table last tuesday (after the dip) and looking to take some more around 56K. Love to be wrong tho.. * A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows
Short
by RW10
1
Short triggered on the 4 hour BTCUSD - TTM Squeeze TTM squeeze short trigger should watch carefully for another leg down around the daily 100day MAs Will provide updates with more detail at in a little while. Look to unwind if btc breaks $55.500 and I'd be out before 56k if it turns against us. PS. the standard signal for when to exit a TTM squeeze trigger is when the momentum oscillator prints two decreasing lines. Also BTC is currently trading at a premeum ot VWAP and POC so volume indicators support a sell theses. At least in my honest opinion. good luck. i hope for my own money this isn't incorrect. Best Connor.
BINANCE:BTCUSD.PShort
by coltsrule7
Alright, Where's the Tomato's??? 🍅So, ((For Me the 18H chart is symbolic)) over the last 18-24 hours I have made plenty of new friends. I am curious how many more cool & tolerant people are out here just waiting for a thought contrary to their own (Just image the dialog)... 🤔 lol Funniest thing I just realized that the majority have been buying the entire 6-12 months of selling or did you mean I was supposed to be buying the whole way up too?? LOL I was recently told in a conversation that "Sell in May and go away is dead!" and I thought to myself "What's wrong with today?" LOL (Important too note we were discussing Dogecoin ) GIVING ZERO ADVICE ON THAT DOGEIDODO 💩 What's amazing is the infamous expression "But... This time is different..." May in fact hold weight inverse of expectations yet to be fully realized. Invert the chart and get bullish🐂 on your bearish 🐻 🙃 Questions like: [/b ]"What price to buy sir?" "When to get in?" "Is it too late?" "How much more moon?" "(Fill in the Blank) to $1,000,000 now?" Here's my favorite question to ask "myself" What's my cost to acquire? Step 1: Ask once Step 2: Figure out the answer Pro Tip: "Noobs please try to understand some people have had bags BIGGER and LONGER than you." #TheyBuyLambos 😂 #lambo? All this time I have been saying #LandThough 🏞🏠🏘 LOL What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a lot??? LOL No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" Bra "KEEP CALM AND MANAGE THY RISK!" 🤓 P.S. If BTC is down so are your easily pumpable Chucky-Cheese Peter Piper Pizza🍕 Tokens/Coins and your Plebian Overloads likely don't like me too... lol P.S.S. Welcome to the Circus 🎪 It's almost in town little Timmy 🤡
COINBASE:BTCUSDShort
by BradySWilliams
2
BTCUSDT 4H | Bitcoin market overview: Price dropHello, dear subscribers! In the previous review, we considered the main case scenarios in the bitcoin market. The bears successfully took the initiative, the resistance of $61,000 and $59,200 were broken through, after which the price rapidly fell to $50,931. This was followed by the correction, in which the bitcoin price is currently. At the same time, there is a situation, which tells about the soon continuation of the fall. Successive rising peaks of the RSI indicator together with successive declining peaks of the price form a pattern, which, if the $53,000 break down, can correct the price to $45,000. Also the decreasing value of the OBV indicator shows a consecutive decreasing value. A bearish scenario remains the most likely in the bitcoin market as the bitcoin price is under the $57,500 and $59,000 resistance levels. The scenario described above will be broken if buyers manage to secure the bitcoin price above $57,500. Until then, the bitcoin market is in bearish hands. Subscribe to the channel and stay tuned!
Short
by CatalystsFinance
The BTC chart nobody wants to see right nowAs a turbo bull myself, im staring at this thinking, how many monthly candles of vertical pump can we expect before it tips over and corrects itself? Honestly. If we look at volume we can see its clearly slowing down, meaning most people are already bought in and hodling and the influx of fresh buyers arent enough to sustain these prices. Most rich people/companies that come in dont buy spot price on your average exchange, they are buying over the counter and are handed btc instead of going through order flow. OBV is also showing lower high's (so far) Lets also hope that the DXY doesnt show a pump trend from this wedge(which usually is inverse correlated to commodities) For this pump to continue we need to see april candle breaking previous high and sustaining it, we need increasing volume coming in from buyers or I actually think this will start to go down abit. Fib target puts us at 29-40k area, where January peak volume is also around that area so its more probable that it should hold. So "worst" case scenario is 30-40k but still bullish bias.
BITFINEX:BTCUSD
by confirmationbias
1
BTCUSDT 4H | Bitcoin market overview: Double topHello, dear subscribers! In the previous review, we considered growth as the main option of bitcoin price movement. Since then, the bitcoin price has added about $4,000 at the peak, almost reaching its all-time high of $58,382.This formed one of the common reversal price patterns, a double top. According to the MACD and RSI indicators, we see a decrease in the strength of the rising trend. This at least indicates a price correction. OBV indicator showed its absolute maximum - 2.2M. The main support levels are 2.15M and 2.1M. Closure of the indicator below these levels will indicate the formation of a bearish trend. The current support levels are $52,000 and $48,000. The current price is $56,000, which is much higher than the levels. These levels will be the current targets for the bears. Buyers should watch them closely. Subscribe to the channel and stay with us!
Short
by CatalystsFinance