Bitcoinshort
Bitcoin 23/5 '23Hello Everyone,
Straigth to the business,
Right now, we in High Uncertainty market conditions,
related to Macro economy optics for Future..
with Several Big events in upcoming day which could provide
more Clarity into where market would like to move
BUT as Right Now..
Price is Lower then it was when Peaked mid March..
In that Time, we was Held in few Week consolidation, before we seen expansion.
Matter of Fact, it Holds Under that Purple line
which can be seen as Bottom of Sidewas range from March.
Because of that and above, I would favourite opening Short in this moment,
and expecting that next Expansion will be on Downside,
with sound Stop Loss above 25-35% of March sideways range.
( around 28k$ - depending on your own Risk Managment)
Having in Mind, that if Price is Able to Break above and Close there for
at least Few Days, it May be very possible to see Highier Price range upcoming Month(s) .
Joe
Bitcoin continues to hold back bulls.Bitcoin - 24h expiry - We look to Sell at 27388 (stop at 27888)
We look to trade the current range.
Bespoke resistance is located at 27500.
We look for a temporary move higher.
The bias is to break to the downside.
The sequence for trading is lower lows and highs.
Our profit targets will be 26138 and 25738
Resistance: 26800 / 27200 / 27500
Support: 26600 / 26500 / 26250
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bitcoin Longs and Shorts for new rangeBitcoin Longs and Shorts (for new range). have fun!
Potential Long Entry Points:
~26,804.1
~26,752.1
~26,695.6
~25,853.1
Potential Short Entry Points:
~27,448.1
~27,295.3
~27,651.7
~27,011.9
These entry points were derived by analyzing the historical price data you provided and identifying significant levels where the price has shown a reversal or resistance in the past.
Bitcoin ShortsShort Entry 1: If the price rises to the 38.2% level (28,468.4) and then starts to fall, this could be a potential short entry point. A stop-loss could be set just above this level, and a take-profit target could be set at the next Fibonacci level down (50% level at 27,924.4).
Short Entry 2: If the price rises further to the 23.6% level (29,095.3) and then starts to fall, this could be another potential short entry point. A stop-loss could be set just above this level, and a take-profit target could be set at a lower Fibonacci level (38.2% level at 28,468.4).
If you like my ideas pls share ;)
Bitcoin (BTC) - bears have the full controlHello, everyone!
After today Powell's speech Bitcoin demonstrated the local volatility increase, but in mid-term picture it has not changed anything. As I told you many times events and news do not change the trend direction. It's just noise which makes the trading decisions more difficult.
I have been waiting for almost a week how the waves will be formed and made a conclusion, that wave 3 of any order has been finished exactly at 1.61 Fibonacci extension level. Minimum Awesome Oscillator's value give us the precise answer where the wave 3 has been ended. The fact the AO crossed the zero line tells us that wave 4 is in progress and close to it's end.
In my opinion, wave 4 has the shape of triangle correction, which is not obligatory has to retrace too high. Therefore, we can count the wave's 5 target. It's minimal target is located $25200 , maximum one - at $23500 (see my previous analysis).
My plan now it looking for the short trade entry, I cannot see here any potential pumps.
Best regards, Ivan
_____________________________________
❤️Follow me and never miss the update❤️
Selling Bitcoin at downtrend line.Bitcoin - 24h expiry - We look to Sell at 28495 (stop at 29105)
Trend line resistance is located at 28600.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
Prices expected to stall near trend line resistance.
We look for a temporary move higher.
A sequence of daily lower lows and highs has been posted.
Our profit targets will be 27005 and 26605
Resistance: 27450 / 27600 / 28000
Support: 26800 / 26400 / 25800
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bitcoin seeking re-test of Head & Shoulders after LOWERLOWBitcoin is seeking its Lower High on the intraday 4H chart after confirmed the break of a neckline from a Head and shoulders patters. Price is currently respecting structure. The Daily shooting star at the back of a retested trendline suggests that there is sell strength near the neckline of this patters. I will be monitoring the 1H for a the re-test however the volatility must show for this to be a valid sell. This bullish push is all apart of a weak momentum swing high.
This setup will appear the clearest on 4H and 1H. I will take entry on the 30 or 1H.
BITCOIN : NGL Looking Bearish 😐 Hi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
From the short term / daily perspective, Bitcoin has turned bearish. These reasons are pointed out on the chart, including a few very clear chart patterns. There are a few things I can think of that may be causing this short term selloff:
👉 Market Correction: Cryptocurrency markets are known for their volatility, and periodic price corrections are common. After experiencing a significant surge in price, it is not uncommon for investors to take profits, leading to a temporary decline in the price.
👉 Regulatory Concerns : Government regulations and policy decisions can have a significant impact on the cryptocurrency market. Negative news regarding regulatory developments, such as increased scrutiny, potential bans, or stricter regulations, can lead to market uncertainty and a decrease in investor confidence. Regulatory actions in major economies can create selling pressure and contribute to a downward trend in BTC's price.
👉 Whales whaling around, causing an even larger sell-off as the price of BTC drops and Technical Indicators turn bearish on the daily
I t's important to note that I'm only short until FWB:25K , at which point a bounce is possible.
If you missed it, here's an earlier analysis regarding this exact support zone and it's importance for the price of BTC :
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
BINANCE:BTCUSDT COINBASE:BTCUSD BITSTAMP:BTCUSD KUCOIN:BTCUSDT BYBIT:BTCUSDT INDEX:BTCUSD BITFINEX:BTCUSD KRAKEN:BTCUSD PHEMEX:BTCUSDT
Bitcoin midterm Mid-term trade on bitcoin in which also participate, with targets 26700, 26000, 25000. Cancellation of the short scenario, price exit above 30400. Maybe today before the interest announcement we will see the price swinging to the upper 29000-29600 or even 30000, which will give the opportunity to sell at the better price, and after the announcement I am waiting for the sell-off.
Support the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
Bitcoin continued shortIn the last idea we talked about the possibility that the price will be sold up to the area of 29000-29600, and after the publication of the rate data I expect a sell-off. The scenario is fully worked out and the price went down as we expected. My position sold at 28500 is already in profit, about 2%, and I believe that the scenario with further decline to the area of 27-26 thousand and even lower to the area of 25 thousand, remains in force. Technically we had a formed triangle, which was broken down, at the moment I expect a slight correction upwards and continuation of the decline, and if we break 27k the movement will accelerate.
Support for the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
Bitcoin Head & Shoulders Activating!BITSTAMP:BTCUSD
Head & Shoulders printed pattern. Watch for neckline break to confirm.
Has busy support zone as highlighted.
RSI oversold so you can enter on Bearish Retest or add to your positions.
LONG: If the neckline fakes out then consider long opportunities.
Plan A / Plan B - We move with price and prepare in advance.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
bitcoin short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Bitcoin StrugglingHello traders, here is my view for btc at the moment :
Bitcoin was in bearish move since May 5th with increasing volume + open interest and convergence with RSI momentum in daily timeframe, this is a confirmation for strong bearish move.
What I expect :
BTC weekly closed below 26900 next stop is 25k area
BTC weekly closed above 27250 next resistance is 28k area
But BTC would not go above 29k IMO since there is a strong channel resistance.
I personally bearish for BTC since the abc correction target is on 25k area which is psychological number + fibonacci retrace confluences.
Massive 4H short for the almighty BitcoinLadies and gentlemen, we have a clear as day Bearish reversal signal in front of our very eyes. Bitcoin has confirmed a double top pattern for the right shoulder of a massive head and shoulders. I'm looking forward to shorting the re-test pf a pivotal neckline. I'm projecting a decline of at least 3,000 pips over the course of the entire move. Price is looking to continue creating its daily Lower Low as well as a breakout from consolidation. This pattern can be seen clearly from the daily as well as clear structure breaks on the 4 hour timeframe. I will be analyzing the 4H for the setup however my entries usually come from the 15/30 min. sometimes the Hourly. However I anticipate a strong volatile swing bullish before the decline.
"Bitcoin journey to $5800"BTC broke the trendline earlier around 15500 and also grabbed the liquidity to the upside after this pump. the trendline is tested three times and bears are shorting aggressively. current scenarios confirm BTC to crash hard from here. BTC is likely to crash to $5800 from here because bears who shorted there there have'nt book their profits yet. bull run wont come before hitting $5800. we won't be hitting the inducement above $32k anytime soon because it will confirm the break of structure which will confirm that bull run after a liquidity grab. amid WWIII, situations aren't good and bull run isn't expected anytime soon. it is hard to believe but it is what it is. you might laugh at me now but, i have won almost every time using this strategy that I discovered myself.
Looking to short bitcoin targeting liquidity @ 22k Currently btc is reacting to HTF supply zone and creating new supplies and being respected as we starting to see a shift in Orderflow and bearish signs are present
So we waiting to see what that 4h zone do and look to take shorts if we have the confirmations we need
4h view