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Bitcoindown

Bitcoin-where will the price go?What to expect?(2-top?) BTC/USDTHello dear friends. I want to congratulate you again on the fact that all my actions are described in the previous ideas, work out by 99.9% Now let's look at Bitcoin again. Everything I write here is not financial advice, this is not financial advice, and I am not responsible for your "no-knowledge trading" I also do not recommend trading for novice traders without understanding the beginners, the basic points that are needed for profitable trading. Do not chase after the fact that you will immediately become rich in an hour, and do not sell or buy with all your savings what you think will be 100% profitable. Yours faithfully, Opptrade Perhaps I'm wrong, and the price will still be taken out of the 38150 border and the price will be posted there - on confirmation of 4h TF, then the previous analysis of the situation will work 100% But for now, I am working from the short position. Now about trade. Exit from the triangle as it took place, confirmation of the exit from it - it also happened, the price is pulled to 100% of the margin requirements that my bot indicated, namely, to the mark 39630 (we'll see) At this time, if you look at the situation as a whole, then everything looks optimistic, and beautiful, many who buy, make good profits, and short positions suffer losses (not all), and those who trade within the day - since the margin movement of the bitcoin price now is 3180 points. But I assess the situation differently, since there are many prerequisites for this growth to end soon. And a big bear will come into play. Why? Firstly (I will write again from what my trading bot gives me) - This is that the price is now trading above the 37750 range, but there is no way to overcome it Second: Cluster analysis indicates a large accumulation of forces at those levels from which the price corrected and returned to the level of 32000-30000. Third point: The price is trading at 100% of the margin value, and also made an exit outside the triangle ... But - Bollinger indicators MACD and RSI - their values ​​at 4h TF indicate a reversal. Likewise - many traders on different trading floors recommend everyone to buy, but I want to warn each of you - I EXPECT A STRONG IMPULSE OF THE PRICE DOWN, even from these values. Because, according to my trading bot, long positions are now on many exchanges - more than 83% - and only 17% are Short. Based on these values, I expect to see the price at around 35,000 dollars again, to collect liquidity, as well as make a correctional movement - this growth. Which position I will enter, as always, I will make an open analysis of the situation - and publish it in the public domain, regardless of whether there will be profit or loss. Trade wisely, observe risk management and money management, set stop loss and take profit. Take more from the market than it wants to take from you. Don't trade on beliefs. But only from strong levels.
Short
by UnknownUnicorn13204076
BTC Back Down BelowBTC Back Down Below Bitcoin seems to be cheating. Tap like if it was helpful and if you enjoy the analysis. Thanks for that. It has made a false break apparently and is now going back to the down channel it had plotted before. For those who are still looking for buys at lower levels is getting interesting. Follow the projections in 27K or even lower. So in the short term in this 15min graph I see the price making a pennant after rejection at the top. Now the next target for this small drop is the POC. I hope the price stays above this level. If it goes down it becomes more evident this drop further down.
Short
by livemzavhenrique
5
Big short, two short positions - working off (waited!) BTC/USDT Good day, dear friends. I'm glad to inform you that Today I and my subscribers managed to catch all this movement. Why we opened a short position instead of a long one, all the Description below. Our first position was opened at 24010-24000. (Some opened it a little lower, at around 23950-23890 (but it paid off)) With targets such as: 23550-23150-22830-22570 Stop loss at 24550 ---- ALL TARGETED TAKES --- And the second position was opened at this level - 23490 Target: 23050-22380-21530-20270 Stop loss at 23950 for the second position - only 2 target ones (the position is still open) And now about the main thing, why we opened this position and why it worked. Look, I was expecting a strong momentum yesterday and my last short was to catch all of this movement. But it was closed by stop loss with a loss of 450 points. Today, We reopened the short position because we had such a picture at 2h TF "impulse from a strong level === >>>> price return without a rollback to a strong resistance level from which we began to fall == >>> as well as news about a new type of coronavirus in ENGLAND + many traders were waiting for the breakout of the level 24000 + yesterday GAP + And most importantly, it's a bearish downtrend triangle and as well as RSI 4H TF. Now about the goals, many have long known that Impulse price movements are always multiplied by 2 (if you are counting on the second impulse) And I was counting, because at the mark - 23490 - We have formed a bearish flag. This made me understand that I need to open the second position short, and set long targets. (Because the first impulse yesterday was 5% - so this should be about 10% fall) That is why I set up such targets - you all see them on the chart. And also, those who read my ideas know where I indicate the zone of distribution / accumulation of positions - you can see all this on the charts below, under this description! We had a false exit for this zone, a long protraction in the flat - the levels of $ 23000-24000 All this spoke of a decline. And we managed to take it. What I expect next - I will describe it in the next trading idea and explain why it can only be a correction of this growth. If you like my idea, please support me with like and write a comment if you made money today or lost it!
by UnknownUnicorn13204076
Bitcoin - 6K Confirmed ! (The Perfect FIB) {PART 2}Hey lovely people , Welcome to part 2 of the PERFECT FIB After all the hate comments and a time of indecision we finally dropped towards my TP (0.618 FIB) which right now exactly corresponds with the blue MA line. Now I'm waiting to see how it will respond, If it goes below the MA line with a daily close I will be crazy bearish. If it bounces off I will see how the market will respond and make a new TA based out of that. Sounds like a win/win ? That's because we always win :) (with right risk management) Like this post & Follow, so I can keep making these (winning) TA's for you guys. - Crypto Doggo
COINBASE:BTCUSDShort
by themarketdog
Bitcoin 6K Confirmed ! (u are using the FIB wrong !!!) The dump today didn't come as a surprise, well it didn't for me lol ;) You see, the way I do my TA is different then the rest of the sheep. Everyone knows that there are CME gaps to fill and those will get filled no matter what, but the fun part is, they are finessing everybody while doing it. Everyone was bearish when bitcoin was at 9100, where is that energy now? The moment they change your bias will be the moment they will dump there bags. But for the big guys to drop there bags they need liquidity, thats why the "lower high was broken" but did it really break ? no because there is a new lower high right now Long live bitcoin right :)
COINBASE:BTCUSDShort
by themarketdog
48
Bitcoin Down to $2500 ?!? Potential to shortThis chart is setup using an inverse HVF. At this current moment it is sitting really pretty at the Downside Target 1. I do expect BTC to rally back up for a proper retracement, possibly back up to the $8k area. I might then consider a possibility to then enter a short position once this has taken place see it break out of the funnel to the downside again. Target 2 is set at around $4,756. I would most likely take most of my profits off the table around this target. Target 2 has a high probability of being hit. Target 3 is worst case scenario with still a realistic possibility of being hit with a target of about $2,431. I myself would not wait to close out my full short position at this point. This will be a great opportunity for the accumulation phase where professional investors and traders will load up on BTC and new and weak traders will most likely sell. I hope this chart helps ! Follow me on Twitter @ KennyDegu
COINBASE:BTCUSDShort
by KennySniper