Bitcoin-short
This would be a short after the rejection of the 6.8kThe bullish momentum has disappeared a bit, the rejection of the price in the area of 6.8k-6.9k.
The breakdown of the ascending channel, and the formation of a bearish pennant, suggests to me a bearish continuation.
Return 6.6k we'll probably go higher.
Downside Risk To $3800/$3700 in the next 24 hours . uncertainty price in the bitcoin price,
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
write your price for bitcoin 24 hours from now
The Second Great DepressionThe world is shutting down. People aren't able to make money. Companies can't make money. The fed is lending as much as it can and giving banks the power to print cash with no reserves limit. Loans will begin to default. Inflation will run rampant, yet people will want what little cash they still have. Fear will rule. The global system will collapse without a significant change sometime soon. Pray for a cure.
channel broken? Down or Up?if BTC can breaked yellow channel, we see jump to 6277 zone
because In that case, it will break the bearish 2 day channel
but if BTC can't The above mode and breaked green channel to 4 hours, we see dump to 4556 zone
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hamvatanan azizam, age channel zard beshkane, mirim bala va baraye hadafe 6277 ke ehtemalan kheili sharp berim bala.
ama ag channel sabz beshkane mojadad mirim to channel nozuli ta 4556
Good luck.
The REAL Bottom is still coming!!
Bitcoin never made a true bottom from this perspective. It has completed a .618 retracement of the last swing high that lined up with a 4.23 extension off the swing low and now has show rejection of that area. If this continues, expect to see Bitcoin start to test lower fib supports and make its way back toward the previous lows. If the retracement lineup is to be believed, there is a strong potential for a bottom around 2500-2600 USD. This could happen leading up to the halvening or around that time, but for now this is a big picture projection likely to take weeks to play out.
This is just an initial post, but I will add more evidence to it!
Bitcoin - Still Short Downside Potential We still see Bitcoin moving lower towards support at around $8500 and are encouraged that the cryptocurrency hasn't risen on the back of the sell off in equities as it can be seen as some form of safe haven. Therefore we will hold our short view as the market develops and will not go long until Bitcoin has consolidated above the $10,000 psychological level.
Bitcoin (9500-8800) (Downtrend)COINBASE:BTCUSD COINBASE:BTCUSD BITPANDAGE:BTCUSDT DERIBIT:BTCPERP BITPANDAGE:BTCEUR BITPANDAGE:BTCUSDT BITBAY:BTCPLN DERIBIT:BTCPERP BINANCE:BTCUSDT GEMINI:BTCUSD BITPANDAGE:XRPBTC BITFINEX:BTCUSD
Btc just broke the uptrend , there will be a more down below 9400 its possible we see 9000-8800 in next few days !
9800 is a perfect time to open a sell position and gain some profit !
Stop loss is around : 10000
share your opinions , thanks
Bitcoin - Short - Consolidated Below Key Psychological LevelWe see Bitcoin moving lower after it consolidated below the key psychological $10000 level despite our view that there is significant long term upside potential. However, whilst Bitcoin is below $10,000 we see it dropping back towards support at $8,500 but it could rebound if equities continue pulling back as the cryptocurrency is seen as some form of safe haven.
LOCAL SHORT IN AN UPWARD CHANNEL Best Chicken kebab in town today just for you guys and as always with best technical analysis out there
BTC being in a local beautiful symmetric upward channel structure is set to reach the support level, so it is pretty comfortable to consider shorting it now, with a narrow stop and several take profits along the way to the support line.
Get yourself a good kebab on me and enjoy the short opportunity I gave you.
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Bitcoin Short Opportunity!!These Lines are by my new updated script.
Long after passing red,green and white lines and close when it closes down the three lines ( 2 green lines are considered 1 line)
Short when it closes down the three lines and Target would be the next red line then reopen short if it failed two pass white and 2 green lines and Target would be red line again until it breaks the three lines upward then Long.
PM me to purchase it. No trials for this script because it is considered highly profitable and history of the chart tells best so no doubt that it is not working.