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Bitcoin-short

BTC.USD Monthly VisionHello Guys. How are you today? Let me say to Frankly, It's not financial advice. that is just a Vision of the market. that's all. ***************************** Today, I want to talk about Bitcoin in Monthly Time Frame. as you see, I used the Fibonacci channel. I remove other levels except 0 - 0.5 - 1 - 1.5 - 2 I want to introduce you to 0 as a low of the first channel. (Black Line) I want to introduce you to 0.5 as a Midline of the first channel. (Red Line) I want to introduce you 1 as a Top of the first channel. (Black Line) and so on. ***************************** I changed the candle stick to a line chart. So let's go into details. I drew by Fibonacci Channel and you see two red circles (as support zone) these circles are reactions to the Fibonacci channel, I expect the price to touch again the Fibonacci Channel around 22500 USD and if we lose this zone,10500-11500 USD will be the next support zone. And the 3rd Support zone will be the Blue circle zone. So, please watch the market, there is no money in the market. The situation is so complicated. I believe that we are in a recession and the U.S. government could NOT talk about the Recession because of China some reasons. I bet we will touch the second support zone around 10500-11500 USD and maybe we will touch 4300 USD. Who Knows!!! Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this Vision with your friends. And Tell me do you agree with me or Not? By the way, please draw this Fib Channel on your chart, and after that change the price from Line-chart to Candle-Stick. You will see some amazing reactions. For example in Purple Circle 😜 Thank you so much in advance. Wish you Health and Wealth. Sincerely Yours Ho3ein.mnD
BITSTAMP:BTCUSDShort
by Sticky-Stock
BITCOIN Is Bearish! Short! Take a look at our analysis for BITCOIN. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 25787.37. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 23690.45 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
4
BITCOIN Will Go Lower! Sell! Take a look at our analysis for BITCOIN. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 29411. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 28429 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
4
BITCOIN Will Go Lower From Resistance! Sell! Here is our detailed technical review for BITCOIN. Time Frame: 10h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 30261.20. Considering the today's price action, probabilities will be high to see a movement to 29009.93. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
6
BITCOIN Is Going Down! Sell! Here is our detailed technical review for BITCOIN. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 30781.75. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 29582.24 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
BITCOIN Is Going Down! Short! Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 30046. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 28259 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
4
BITCOIN Is Very Bearish! Sell! Please, check our technical outlook for BITCOIN. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 25441. The above observations make me that the market will inevitably achieve 24929 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
3
Trend-Is-Your-Friend Bitcoin Daily Blue-Print (99.9% Accurate) Blueprint of Bitcoin on Daily. Markets are going to have their liquidity drained from the markets. I will assume Bitcoin will follow the stock market. For now the trend is down. Bitcoin got rejection off of the 50 Daily MA a few days ago, and a 13-Count sell signal as well with a 9-Count on the 4Hour that same day. (5/31-6/01) Bitcoin got broken down from a rising wedge, with negative divergences (declining VOL on rising wedge pattern) Bitcoin then formed a Head&Shoulders pattern, which we have broken down below the neckline, then making LowerHighs & LowerLows on daily. I assume we will have a sell off for the next 4 months at least. Goodluck, happytrading & #NFA
INDEX:BTCUSDShort
by UnknownUnicorn3237473
BITCOIN Will Move Lower! Sell! Take a look at our analysis for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 26766. The above observations make me that the market will inevitably achieve 25771 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
9
BITCOIN Will Go Down From Resistance! Short! Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 27243.77. Considering the today's price action, probabilities will be high to see a movement to 25204.10. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
4