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Bitcoinshort

Bitcoin looks to be forming a top.Bitcoin - 24h expiry - We look to Sell a break of 26448 (stop at 27458) Price action looks to be forming a top. Short term MACD has turned negative. A break of the recent low at 26473 should result in a further move lower. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The bias is to break to the downside. Our profit targets will be 24008 and 23508 Resistance: 27200 / 28000 / 28850 Support: 26500 / 26000 / 25000 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.
VANTAGE:BTCUSDShort
by VantageMarkets
Will Bitcoin Climb or Collapse as Bank Chaos Subsides?Which way will Bitcoin break out of last week’s range? On screen I have highlighted the price range between $29,000 and $26,700, representing the high and low of the week-long ranging period. The price has flirted with a break to the downside, touching as low as $26,500, but a confident close below $27,000 is still to occur. Bitcoin surged in March as confidence in the global banking system was shaken with the fall of a few US regional banks and the Swiss giant Credit Suisse. As it stands, it appears that the risk of other banks going under is subsiding, which may also stifle the upside potential of bitcoin moving forward. The phycological level of $30,000 might be too lofty a goal for bulls now if a break to the upside does occur. Gold hitting $2,000 might be more likely at this point. Elsewhere in the crypto sphere, and perhaps applying some more pressure on the price of Bitcoin, The Commodity Futures and Trading Commission has filed a complaint against Binance and its Founder Changpeng Zhao, for allegedly violating US trading and derivatives laws. Binance and Zhao are being accused by the CTFC of operating an "inefficient compliance program" and deliberately violating the law. Zhao has tweeted that the CTFC’s allegations are "fake news”.
CME:BTC1!
by BlackBull_Markets
Shorting BTC Amidst Binance Lawsuit News & Market UncertaintyHello TradingView community, Today, we have witnessed a sudden drop in Bitcoin's price from $27,996 to $26,508, following the news that the Commodity Futures Trading Commission (CFTC) is suing Binance and its CEO, Changpeng Zhao (CZ), over alleged willful evasion of U.S. laws and offering unregistered crypto derivatives products. This significant event has generated considerable uncertainty and fear in the market, making it a perfect opportunity to short BTC using the Fibonacci retracement tool. Chart Analysis: Upon analyzing the chart, we can see that BTC has broken down below the 0.618 Fibonacci retracement level ($26,508), a critical support level, and it seems to be struggling to regain momentum. This breakdown indicates a potential further decline in BTC's price. Trade Setup: Considering the current market situation, we are proposing a short position on BTC with the following targets and stop loss: Entry: Current price (or anything above $26,800) TP1: $26,508 TP2: $25,939 TP3: $25,588 TP4: $24,100 Stop Loss: $27,500 Risk Management: Please note that this trade carries significant risk due to market volatility and news-driven price fluctuations. It is crucial to employ proper risk management techniques, such as using a stop loss and position sizing based on your risk tolerance. Conclusion: As the market reacts to the CFTC lawsuit against Binance and CZ, we can take advantage of the market uncertainty by shorting BTC using the Fibonacci retracement tool. Keep a close eye on the market, and always trade with caution. Happy trading!
Short
by Robin_Nakamoto
1
Bitcoin Dump Signs On Chart Is Insane! Is Today The Crash Day??BTC/4H doing Another Rising Broadening wedge We made 3 top and each were lower than previous one. the last pump that happen was a liquidity grab.Also On Daily Bitcoin looks very dumpy,H&S could be in play too (mentioned in video) Keep In mind after the touch we did at 28954 it dumped heavily and then regained it back with a lower high. and the consolidation is inside that red candle and It Formed a BIG Pennant. showing a possibility of a strong dumpage. There is some Bullish Sign That Ive talked about in video too that could play out and we could visit 31K ( I doubt it though) but worth mentioning it Thanks for all your support
BINANCE:BTCUSD.PShort
by pcmonk
Bitcoin to breakdown?Bitcoin - 24h expiry - We look to Sell a break of 26497 (stop at 27522) Broken out of the channel formation to the downside. The bearish engulfing candle on the 4 hour chart is negative for sentiment. A Doji style candle has been posted from the high. A break of the recent low at 26663 should result in a further move lower. Short term MACD has turned negative. Our profit targets will be 24047 and 23747 Resistance: 27800 / 28400 / 28856 Support: 27200 / 26663 / 26000 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.
VANTAGE:BTCUSDShort
by VantageMarkets
Bitcoin Cant Hold The Price Up AnymoreBTC\4H Exited The Parallel channel When FOMC number was annonced we performed a sweep to both sides then we started to dump. After we hit our target 26.6 as mentioned in previous video we formed a Ascending triangle ( another jebait like 30k) and we exited to the upside from it with low volume which could be counted as retracement. With Banking situation and credit tightening that is happening , 25bps will have a big impact and most likely we gonna crash ( Ive talked about this more in vid My Targets are still the same : 25.4 - 23.2 Thank you for watching and all the support - Means A LOT TO ME
BINANCE:BTCUSD.PShort
by pcmonk
BTC Ready To Dump Fast And Hard-Crash Is ImminentBTC/1H Still in that Parallel Upwards channel *I FORGOT to mention there is a ascending triangle pattern on btc which I think its jebaiting the longers* Today is FOMC day where rate hike will be announced and will have huge impact on whole market , not only traditional but crypto as well. We usually get a move to both side around (%3) liquidating all the high leverages which we call ( sweeping the highs and lows) after than the move will come IMO its a capitulation candle downwards around 23K. could be worse . Thanks you for watching- Please support the channel by Follow,Boost,Comment and Sharing
BINANCE:BTCUSD.PShort
by pcmonk
Will overbought Bitcoin breakdown?Bitcoin - 24h expiry - We look to Sell a break of 27098 (stop at 27981) We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Trading within a Bullish Channel formation. A break of the recent low at 27206 should result in a further move lower. A higher correction is expected. Our profit targets will be 24925 and 24525 Resistance: 28200 / 28500 / 28900 Support: 27600 / 27200 / 26800 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.
VANTAGE:BTCUSDLong
by VantageMarkets
BTCUSD BULLISH OR BEARISH??FxShzd team is here with another trade idea for the Bitcoin market. Our analysis suggests that there are currently two scenarios that traders should be watching. In the bullish scenario, we have observed a bullish market structure (BMS) forming just above a higher high on the chart. Therefore, we recommend waiting for the price to reach a demand zone on the 1-hour timeframe, while keeping a close eye on the 5-minute chart. Once the price reaches the demand zone, we recommend waiting for either the QM pattern or CHoCH (Chaos Cloud) to form before entering the trade. A good entry point with a favorable risk-to-reward (R:R) ratio would be ideal, with the first target profit (TP) set at a higher high level. In the bearish scenario, we suggest waiting for the price to break through the lower low level. Once the lower low is confirmed, wait for the price to reach a higher supply zone and find a good confirmational entry to sell, remember this move belongs to 15M therefore check it with the corresponding TF. It is important to remember to always respect risk management when entering trades. We are happy to answer any questions in the comments section. Happy trading
by FxShzd
Patterns, CME Gaps & Golden Pocket RocketCheck notes on the chart. 1) Bearish Rising Wedge 2) Descending Triangle 3) Ascending Triangle Expansion Creating CME Gap, aka Futures Liquidity Gap. (These almost always get backfilled.) 4) Current Pattern, Bullish Ascending Channel. We had a fake out to flush the longs, and create liquidity, and to backfill the CME Gap. All other narratives are fun stories. We have since course corrected violently, failing to break out of the previous range, creating a Swing-Failure , which is locally bearish. This likely retraces to 23k, before a continuation higher to fill the next CME gap around $27,355 and $28,740 .. of course some profit taking, or other exogenous events such as the indexes falling could correlate with some pull backs, but ultimately I'm expecting 35k to fill this year. Strong resistance there, likely to struggle to get above. If it does, the next gaps that could be liquidity grabs are $45,000-$46,500 $52,500-$53,500 I don't believe we see a new ATH this year or next. 2025 is my target for ATH, which I believe we be a minimum of 130k and a max of 180k. I will scale out of positions between those two prices.
INDEX:BTCUSDShort
by TheTraderAndy
1
BITCOIN (BTC) IS ON A DOWNWARD RIDE Hey there, crypto enthusiasts! I have got some juicy updates on this particular asset that you might want to sink your teeth into. Unfortunately, things aren't looking so hot right now. This poor asset (BTC) has lost over $1,700 after the neckline of the double-top (M) pattern broke. Ouch! But don't lose hope just yet. The last candle was a BULLISH PINBAR, which could indicate a possible bullish pullback to the neckline. If the current daily candle closes above the pinbar, we might see the asset make a comeback. And if it does, my target will be the $21,000 - $21,300 zone as TP. However, if the asset eventually pullback to the neckline, I'll be playing it safe and shorting BTC from the neckline of the M-pattern. My TP1 is set at $19,600, and TP2 will be the SUPPORT TRENDLINE But let's not forget to keep an eye on the $18,400 zone, as it could provide some strong support. So, what do you think of BTC's current situation? Let's start a conversation in the comments section! And while you're at it, be sure to follow me and share your thoughts. Let's ride this crypto rollercoaster together!
BINANCE:BTCUSDShort
by ForexClinik