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Bitcoinshort

Bitcoin Elliot wave analysis - short bitcoin with target 37KI Think BTC is in a C wave of a corrective wave with a target around 37150 $. The first corrective wave consisted of a 5 subwaves. then the B wave had 3 subwaves , and now its in the start of the 3rd wave of a 5 wave C wave , which its drop will be sharp again. the stop for this sell will be in case that price goes above B of 52000 again. current price is around 48k so the reward/risk ratio is 11000/4000 around 2.5:1 which seems fine. take care with long position guys...
Short
by Farzin
10
Help Me UnderstandHey help me understand why these two don't matter? They are found on multiple time frames. To me they matter but I would love to get a better view sense I can be off base judging by some of my recent convo with people. lol "I personally feel that buyers are going to increase their exhaustion buying dumps. Plus the minimum wage hasn't hit fast enough for the little guppies to nibble up all the Whale crumbs... As things sink down toward the inevitable abyss." Someone free me of my stubborn ways!!! LOL What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a little??? LOL -No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" ""KEEP CALM AND MANAGE THY RISK!""
BITSTAMP:BTCUSDShort
by BradySWilliams
Welcome To Wish Country We are quickly approaching official Wish Country many will be be welcomed with opened arms reassuring pats on the back as they all Breathing nothing but the freshest hopium Wish Country has to offer.. In short the reality that they "should" key word "should" have sold has yet to set in. (Placer note Emoticon Shoulder Shrug) What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a little??? LOL -No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" ""KEEP CALM AND MANAGE THY RISK!""
KRAKEN:ETHUSDShort
by BradySWilliams
9
Bitcoin Update on 25rh February 2021Good morning traders, Bitcoin has broken the trend line support in 6 hours and in the daily time frame which is a sign of weakness. Confirmation is lower than 45,000. Risk and Reward are not good in this short position 1:1 and the trade idea is also against the trend but the weakness is there. I suggest Book your profit at this point... Short Position is a bit aggressive and considers only lower than 45000. More pain you will see on the breakdown of 45,000 and can go on next support at 38,000
BITFINEX:BTCUSDShort
by CodeViser
BITCOIN - Short from 50000Short: 50000 Targets: 49100 - 48000 - 47300 - 46500 Stop loss 51500 My Risk: 5% This Channel is not financial advise, It's My opinion and My observation: @opptrade ❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss. But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term) I am only showing you how this or that scenario can work in trading.
Short
by UnknownUnicorn13204076
2
Bitcoin 30% correction - Time to Take Profit? Target $40kBitcoin has been performing very well for four (4) weeks. With $60k being a pretty tough nut to crack I expect Bitcoin will take another breather next week and retrace. Have a look at the possible downward trend scenario to about $40.5k over the next weeks. The fib retracements match very nicely the possible landing zones. The 61.8 fib. retracement is a perfect 30% retracement scenario. Why 30%? If you analyze crypto assets you notice that 30% corrections are often a natural process and are often met very precisely (more on that in another idea). Bitcoin had such a throwback in January (remember?) 2021. If you don't believe that Bitcoin is about to trace back do you favor another uptrend to above $60k? What is the probability? The market (especially the big boys) is hungry for cheap BTC so there is a lot of pressure and it is easier to bet against an asset that just had a magnificent 4 week bull run. Also Bitcoin seems to be somewhat constrained by the logarithmic growth channel. Meaning that if Bitcoin breaks $60k and then approaches $70k a longer stretch down and sideways is either 100% guaranteed for Bitcoin or it would have to break a very strong technical pattern. (more on that in another idea) So my bets are on other crypto currencies at the moment. Like e.g. CAKE and XVS. The Top 10 seems overall very overheated. ETH is stumbling over its own ridiculous high network fees (which gives CAKE and XVS great growth potential). And the others in the Top 10 also had tremendous runs. Long story short. Whatever your strategy with Bitcoin ( BTC ) watch out for a potential retracement this coming week or thereafter. PS Go ahead and stretch the chart up/down and sideways to zoom in and out. The upper Bollinger Band level is a good indicator for failing support. So if BTC would break that level downwards it is a clear signal it will go down further. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
BITFINEX:BTCUSDShort
by CarpeMomentum
4
Bitcoin a correction? I think yes. Maybe I'm wrong BTC/USDTHello dear friends, traders. At this time, I want to describe the situation in simple terms. Rising wedge without correction. They often break down. Be attentive and careful. This is not a call to action, but just what I look forward to in the next few days. This Channel is not financial advise, It's My opinion and My observation: @opptrade Dear friends, I'll just leave it here. I WRITE YOU IMMEDIATELY: This is not a financial recommendation, this is not a call to action to buy or sell everything. This is not a call to action to hang the lot in position. - this is not a call to action AT ALL TO WHAT - THAT. I just shared with you the schedule that, in my opinion, will have to work out. We'll see. ❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss. But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term) I am only showing you how this or that scenario can work in trading. For all your actions, only you are responsible. 💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Short
by UnknownUnicorn13204076
31
Bitcoin - i open short Position From 51400Short: 51400 Targets: 50000 - 48000 - 45000 - 42000 Stop loss: 52500 My risk: 3% All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss. This Channel is not financial advise, It's My opinion and My observation: @opptrade ❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss. But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term) I am only showing you how this or that scenario can work in trading. For all your actions, only you are responsible. 💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Short
by UnknownUnicorn13204076
6
Bitcoin - i open a short position From 46350 BTC/USDTShort: 46350 Targets: 45000 - 44350 - 42320 - 41100 Stop loss: 48020 x5 %5 All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss. Today we have already opened one short position from 47005 I announced this in the comments under the latest BNB / USDT trading idea. I also wrote to everyone who asked about the position. I may be wrong this time, but I chose this position, despite the fact that the price of bitcoin is growing every hour. I ask each of you who decided to follow this trading strategy - do not open a position with an overstated lot, do not overestimate your risk and money management, trade wisely. Today I will analyze the situation - and I hope each of you will take advantage of it and make the right decision
Short
by UnknownUnicorn13204076
5
BTC Bitcoin falling through 2 possible channels to the abyssHi everyone, with the dollar DXY going up with good support and market incertitude there is a good chance that the Bitcoin will retrace. This was a good run but we must be realistic. Don't forget CME contract will open tomorrow. Also i note a ugly close on the weekly and monthly chart, this is putting the market at risk. Here a some key support zone and bearish factors : Bearish factors : -Signature of candles double top with lower highs and lower lows (W chart) -Signature of a Shooting Star on the monthly chart and formation of a spinning top (M chart) -Weekly MACD slowing down -Weekly stoch RSI bearish -Monthly stoch RSI about to cross bearish -Monthly KDJ just turned bearish Top Key Strong Support Zone -Weekly MA 21 : 21243$ -0.618 from bottom of Wave 2 18423$ -Monthly MA21 : 13269$ (agressive) -0.786 from bottom of Wave 2 12014$ I wish you a wonderful day !
BITSTAMP:BTCUSDShort
by Crypto_Mercy
2