Check you bias. You're confident no bearish continuationGot to see what both sides of the coin look like.
if this was the correct pattern, we could get 8800-9k or we could fake break up and drop.
We will see soon enough how this plays out.
If this plays out, you better come give me a like for charting the trend you didn't want to.
Btc-short
BTC/USDT (4H) - MID Term Hi Traders,
Today I had to consider quite dificult counts because of overlaping structure (7700-8280). Bigger chance is, its corrective wave. So rightnow we should be at the beginning of wave C.
Bes setup is to wait for confirmation and price drop below 1H 55 EMA (aprox 8K). to open short.
Or wait for Buy signal (RSI convergence) inside of 7700-7600 Area. BUT with stop-loss. Because if we fall below this level. Entire move 6500-8400 was huge ABC correction of downtrend and we will fall deeper. ;)
Be patient and wait for confirmations.
Good luck.
Monero (XMRUSDT) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Short - BTC - Trading OpportunityExpecting some downside after all of our targets were hit on the long call. Starting to see some bearish divs on the 1h and 2h with low volume pumps.
Entry: 8294.5
TP 1: 8077
TP 2: 7741
SL: 8466
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BTC Analysis Long TermThis is my prediction on BTC long term
Please comment , like or dislike.
Appreciate all the input from fellow traders.
We are at a critical support level right now.If we fail to break 7300 in the next few days I believe we will complete the fractal movement to the 4600 - 5000 level.
I dont see any positive new neither do I see volume in the market or positive sentiment.
With the macro trend intact I believe we will see a new ath in the next rally up.
Good luck and safe trading
BTCUSD Scalping ShortI got 70% feel that the price will go down, but I would be surer if I see the next move. I will personally enter the market after the next candle. I will try my best to upset you guys. But Risk Management is Key here. Make sure you got your Risk management under control and be patient.
What are your thoughts by the way? I'm open to your views. :)
BTC Down Looks like BTC/USD will test 1.618 on the smaller fib levels, if that breaks will test 1.618 on the larger fib levels. 15 Min indicators are pushing for downward movement, time for a breather. This could be the beginning of a very large move I am more looking at it going downward as some pretty significant indicators have been triggered from a while ago.