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Bitcoinshort

BTC TO 9K MAKES SENSE! ZOOM OUT THE CHART TO READ IT BETTER :)Bitcoin is in a very easy to see bear market (making lower lows in a long period of time), with bullish news bitcoin continues to make lower lows without breaking 42-43k which would be a higher off of the previous 33k higher low which was a fakeout. It took the crypto market 4.6 trillion dollars to gain 1.43 s and then took 2 months for 1.43 trillion to leave the market, seems to me like a retail pump and institutional dump because they took 400-1200% off of there bitcoin buys which is how markets work, buy when its in red and boring for months long, let the retailers pump your bags from bullish and hype news. My TA is easy to follow its based off of two patterns, first is the psychology of a market cycle which is huge this cycle from the huge adoption of teens and adults investing without actually knowing how to buy and sell, with no planning, buy and sell based off hype and feelings in the market. The other pattern i used was the bar pattern which is a tool that tradinview uses where you can mirror the chart movements from previous data and lay it overtop of the current price action. I used the bar pattern from the 2017 all time high up until the 2020 all time high breakout. The start of the bear market in 2017 is exactly mirroing the current price movements. i have explained and layed out what I think will happen based off previous data and why on the charts so you can screenshot the chart and share the info with others which is bit easier to follow. Also when stock market crashes btc follows, i do believe all markets about about to crash and the world will go into a financial depression because of the fed printing like idiots non stop, it will be worse then a post world war due to housing crash because bank will sell off for them not being able to pay off loans. BETTER SAFE THEN SORRY CUTTING LOSSES IT BETTER THEN LOOSING MORE IN A VERY VERY UNCERTAIN FINANCIAL TIME! Please let me know what you guys thing bullish or bearish, and also back your arguments or its just coming out of your behind hehe. FUCK ELON!!!!
COINBASE:BTCUSDShort
by vithujan2002
9
BITCOIN: Shorting before a possible breakdownBTCUSDT in the 1HR has pierced above the 180 EMA, I believe a rejection will be coming soon pushing us back below it. Price will probably go back into the area of 33K to 32K, as we continue the build-up against support, before a possible breakdown. Based on my analysis on previous ideas (Linked below). I'm opening a short at 35.174 with a STOP LOSS at 35350. Let's see how this plays out. ALWAYS PRACTICE RISK MANAGEMENT, RISK MANAGEMENT IS VITAL TO TRADING.
Short
by CryptoEstratega
Bitcoin Short @35K OR straight collapse to 30K?Bitcoin has seen a very bearish few days after getting rejected from 41K. Ever since that rejection and the break below the 200MAs on the 15Min and 1H chart, price has been unable to recover above it. The most recent test of the 200MAs on the 15Min resulted in a rejection and prices fell even lower. We are seeing a slight bullish RSI divergence, so price might rally a bit from here. Currently the 200MAs on the 15Min sits at around 35K, so i will be looking for a potential short in that region if the RSI divergence leads to price to get back to that region. Of course, if price breaks below 32K, then this bullish divergence is invalidated and we might fall to 30K right away. Be cautious fellow knights! Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Short
by cryptotraderog
2
Bitcoin Short @36K, can inverse head and shoulders save Bulls?Bitcoin is still in a bearish trend. We were looking for a potential short at 36.5-37K at the 200MAs, but as prices have continued to decline, the 200MAs is now near 36K, and so thats where I will be looking for a potential short if we get price action and volume confirmation. There is a potential inverse head and shoulders forming, though a very ugly/messy one at that. If price breaks back above the 200MAs, I would be looking for a potential break of the inverse head and shoulders for a long. Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Short
by cryptotraderog
9
Bitcoin Breaks Down, Potential Continuation Short @ 36.5-37KBitcoin has broken down from the resistance trendline and continued to bleed upon options expiry and into the weekend. Im looking for a continuation short if price comes up to 36.5-37K to retest the 200MAs and get rejected with large volume. Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Short
by cryptotraderog
5
Elliott Wave: 4th wave, get ready to go down, build the 5th wave🎯 I focus on Modern Elliott Waves (Neowave) because this strategy gives me objective to start entry and stop levels. #BTCUSD 📚 According to the Wave Theory: wave 4 cannot cross generally the bottom of the 1st wave in impulse waves . So, we can use the bottom of the 1st wave as an invalid level for a bearish outlook 🤓 Such trades give a limited risk, and the potential reward is always several times greater than the risk. Just what we need!
COINBASE:BTCUSDShort
by erbe
11
BITCOIN BREAKS DOWN: FALSE BREAK OR MORE DOWNSIDE?Hi guys, this is OG back with another Bitcoin update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. Bitcoin just broke down from the confluence of support zones, namely the trendline support @ 38.5K, the previous swing high also @ 38.5K and the 200MAs on the 1H timeframe @ 38K. Upon the breakdown, we also saw a spike in volume, suggesting that there is conviction in the breakdown. The question now is if this is a false breakdown or if price will continue to crash lower. A couple of scenarios below: 1. For me to consider this a false breakdown, I would need to see price close above the high of the breakdown candle, which is @ 38.6K. And if that happens with a large body candle alongside strong volume, I would actually consider entering a long position, as it would be the first successful bounce off of the 200MAs after price broke above them. 2. If the low of the candle following the breakdown candle, which is @ 37.5K, is broken, and especially if a 1H candle closed below that, then this is likely a genuine breakdown, and depending on how far down price has gone when this happens, I might consider entering into a short position. If price has moved down quite a lot, then I will likely pass up on the trade, whereas if price hasn't, then there will be more room for price to move down, and I'd be more interested in taking the short. The reason why I'm not jumping into a short right now is because while price did break down from the support zone, it barely closed below the 200MAs, so theres still a chance for a bounce here. Had price closed further down beyond the 200MAs, I would have entered a short on the breakdown candle close. Of course, ultimately you decide how you want to trade this and whether to enter a trade now or wait for confirmation or pass up on this setup altogether. FYI: I use long or short simply to indicate whether the market is bullish or bearish, not as a signal to go long or short at the time of publishing the idea. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Short
by cryptotraderog