Btc-short
BTC BEARISH DRAGON OVERALL TREND REVERSALgathering all the variables collectively shows bearish probability with break of extreme trend and high scale bearish oscillators. but most eye catching is this textbook inverted bearish dragon pattern. Tradingview has enabled some enjoyable drawing to animate BTC price action and bring it to life. buy a plane ticket to Florida, short city upon continuing bearish confirmations.
BTC big shortFinally something big is coming up and it is a short opportunity for BTC. As you can see there is huge bearish divergence on RSI, bearish divergence on MACD, all on daily chart, what did not happened for very long time. Everybody is bullish on social media, red laser eyes and another shits but BTC need correction and it is irreversible and necessary. My targets and potential levels are two. First around 40k (Im sure that will happen) and second what im not sure if happen is 20K. On weekly chart is also huge bearish divergence on RSI, what can also tell you that everybody should be aware of dump.
It is really good for BTC that institutions are buying and everybody want bitcoin, but what will happen if they start to be in loss after btc bitcoin dump ? If they sell, we are gonna have a big problem. So there is also question, what reaction of big institutions will be after big starts dump, if they will have balls to hold it or they start to sell and big fear will spread into the market.
If anybody finds my thought helpfull, please iam welcomed for btc gifts :D
my btc wallet:
bc1qq5tplyvek08rzpldz8dnnx2zqmhlx4swxevft4
TESLAHi again .
If the price returns and goes above 1000, the probability of growth up to the green prz can be considered higher!!
If we face a decrease in price, if the purple prz is broken, we can expect the price to reach the red prz!!
Purple prz Target Lozenge Pattern.
Red target prz Orange channel height.
what's your idea?! <3
Bearish sentiment growing for BTC! 41k incoming?Here a look at BTC 30 min chart. More Bearish sentiment growing for BTC, and we should expect 41k at least if 44k can't be held.
The S&P 500 and Nasdaq is going down in price at the time of writing, and the crypto market is very correlated to the big stocks. We should expect a further correction from BTC atm.
Bitcoin short - target $39,200I’ve removed the wicks from the hourly chart because it’s easier to spot what is happening when they are removed. Notice the symmetrical triangle pattern on the chart, which is also a bearish pennant. Bearish pennants are bearish price action patterns that help traders identify whether price action is going to reverse or continue. If you look at #1, you can see that there was a massive bull trap initiated by some substantial price action breaking out above the triangle/pennant. Then, over the course of a few hours we saw prices move lower and ultimately back into the bearish pennant. I’ve drawn to red arrows to show the ‘point of no return’ for Bitcoin on this hourly chart. The left most arrow is where the Lagging Span is currently at. When the Lagging Span reaches $48,000 it will generate three massive bearish events. The first is when the Lagging Span closes below the candlesticks, the second when it closes below the Cloud, and the third when it closes below the Kijun-Sen. If those three conditions become true, then that means price has also dropped below the Cloud – creating an entry known as an Ideal Bearish Ichimoku Entry. Expect some swift action to the south.
On the hourly chart, the RSI has failed seven times to cross above 60, having been rejected those seven times since yesterday (Feb 24th) starting at 10 PM EST. A similar resistance level can be seen on the Composite Index as well. What really makes this entire setup ugly is where the %B is at. The %B is just a hair above the 0.2 level. . When the %B crosses below 0.2, and the RSI is above 40 (currently at 46.6) – then we have an almost guaranteed short entry. The price target I have from this hourly chart is the $39,200 value area. But this is Bitcoin and we could see some random spike to 100k in a two-day period as well – but not likely.
Bearish wedge leading to short opportunityThe narrowing, rising wedge is a bearish pattern. Combined with strong resistance at 50k, this suggests BTC will perhaps retest this psychologically important boundary one or two times before falling in value to regroup.
RSI tells a slightly different story indicating a bullish environment, so be careful. And most importantly: don't listen to me, I know nothing.
BTC/USD I am the only BEAR here... Bearish Target $1600 golden retrace on the monthly if the bearish divergence on the daily stacks into monthly divergence also would be strong momentum back to downside. The entire run up we created little to no support. Sentiment most bullish of time. People think BTC only goes up. 3700 bottom in March 2020 was never remotely tested
DOGE/USD loading Sudden Drop Protocol?
DOGE is passing a significant PTP (price-time pivot) in this hour.
I'm expecting a sharp drop, followed by an instant buy attack - pushing the price back up for at least a local top retest.
Will update this. Stay tuned & check my twitter, if you wanna be up to date.
Trade safe! 🤞🏽🙃
Bitcoin Descending Triangle Hi, Raiden Here. My first post of many to go here in tradingview. Watching bitcoin I see that we have lower highs with the same support of around 30k. if the pattern is true we should see a lower high then fall in the near future then eventually a break below 30k. What concerns me though is the fact that with this pattern price doesn't come from a downtrend but an uptrend so we just have to see how it unfolds. Leave a like if you like this analysis also follow me as I will be posting setups and ideas from crypto, stocks, and forex going forward. Thanks! Have a blessed one!