Btc-short
FTM Short after it's next rallyFTM is a fantastic project and I made a mistake not holding this short and entering long on TOMB Finance.
It will bounce as BTC will over the next week or 2 and most likely regain over the 2.1-2.2 area, here I will be exiting positions with whatever cash is left and entering short for the weeks afterwards. I will accumulate more FTM on the way down but it is never good to catch a falling knife. This chart looks to be a few weeks behind BTC's, which means it could fall 50% from here still.
Bitcoin is going down, as predicted back in December 17thBTC/USD: Follow up
So it took a bit longer than we thought but (unfortunately) we were tight.
Bitcoin dropped to the first support, closed the 4H candle there and immediately dropped to the second support line and bounced a bit.
What now?
Bitcoin will once again try to fall below $42,200 during the next 24 hours.
In case it will, we will likely see a fast drop to $ 40,000, hopefully it will be the lowest rate in the near future.
Follow the buying and selling pressure with the volume indicator, it'll give you a great indication about the possible upcoming movement.
BTCUSD Looking Like It's Ready To Break TrendlinesBITSTAMP:BTCUSD
Bitcoin is about to make a HUGE push within the next few days. Right now it's sitting in a pretty quite neutral area where it has to test the respected support line where it formed a double bottom at. If BTCUSD breaks the resistence line here it would go up and make new highs thus pushing the price upwards and build momentum for the upcoming week. By getting in at the BUY STOP level where I mentioned you would be in a near perfect entry and won't have to worry about your trade unless it fakesouts and heads downwards towards the support line.
In case Bitcoin isn't ready to head upwards then we have to be aware of when it would be a good place to enter in a short sell and ride the wave down. By knowing the rules of Price Action then we know if the low or support line is broken and closes below the previous low then that's a indaction that the market is weaking and we might be heading downwards. Now we would have to see more confirmations for us to enter on the SELL STOP entry like it breaking the low and when the upwards push happens and it doesn't reach the previous high.
Like I said I'm neutral right now but will keep you guys posted!
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BTC Hits PERFECT SHORT TARGET for dump to 37k (.786 fib retrace)Been tracking this rising wedge for 2+ days now, filling up shorts. If you've been patient it's not too late to open up your shorts at nicely high prices. Unsure if we go straight to 37k from here, or we correct this few day move for an even larger 1:1 extension before the dump.
Do your own analysis. Are you bull or bear?
BTC Fakeout or Breakout Bitcoin whales and institutions love to push the price past resistance, where this movement will trigger short stoploss market orders (aka stop buy limit orders) and also buy stop limit orders.
Both of these in tandem creates a low-grade short squeeze used as liquidity to sell into.
BTC breakdown confirmed!BTC formed a big wedge over a long period of time and we now seem to break down. We got a big retest which is a clear breakdown. The target of this wedge is at 32k.
The wedge is basically bullish because it has a flat resistance. We also formed a double top which is a very bad sign for Bitcoin. Especially cryptos react very hard to double tops. All in all I would say Bitcoin will got down to a range between 25k and 35k.
Have a great day!
A terrible fall in a few weeks and bitcoin to 20,000 omg A very beautiful head & shoulder pattern, which aims at around $ 20,000, is fully valid and the RSI trend line is now validly broken and this is very important, because this line is the price process since 2018. Therefore, Bitcoin is definitely poured up to $ 20,000,lol
and the alt coin,s will drop more than 80%. And definitely the bullish market is over and we barely enter the winter. And Meme coin will fall over the rest and will be at least 90%.(shib and etc .....)
BTC usdtJust a small ideea after this lovely hollidays what cah happen with the Bitcoin
But have in mind that susprises are everywhere and a lot of advertising going arround with btc
Also a lot of investors are looking for an opportunity after all this spending arround for Christmas :X
take care All the best and REMEMBER
You the Best :XX:X
Say hello to $ 20,000 Bitcoin and A huge fall awaits us.The med-term uptrend of bitcoin is definitely over and we are fully prepared to kiss the main and huge trend line of bitcoin , which of course has been with us for about 8 years, and the price of this huge trend line has always been supported. So be sure to have about $ 17,000 to $ 20,000 in cash to buy !!!!
because it is the best opportunity to buy. btc
If you are a little patient, you can buy bitcoin at a very extraordinary price, and if you are in a hurry, you will definitely lose a lot!!!!
. So Merry Christmas and hope for $ 20,000 Bitcoin
.Altcoins in such big drops as what will happen in the coming months will waste your capital, because they are much more ready to decline than bitcoins so do not hold altcoins in any way, especially meme coins , Because as they go up faster they will fall much faster Like Shiba and Dodge and Elon and so on.
Merry Christmas !!!