Btc-short
A bearish case for BNBWe see a greater downside potential on BNB than in BTC.
BNB has fallen less from its ATH.
BNB has extremely less volume to sustain its current price levels
BNB has to fall twice the same percentage (square of the fall) approximately in order to match corresponding level of BTC in the chart
BNB has way less demand (thus, price support) than BTC
Hence, it looks to us that the eventual payoff of a BNB short is bigger than a corresponding BTC short.
Best regards.
BTC Analysis 📊 30/8/2022Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
- Equal highs above got purged during the FED NEWS as we discussed in our previous analysis.
- Price then proceeded to BOS to the downside
- We have two valid Whale Block zones that we can look for shorts from.
- Both zones have imbalance
- Lower zones trend line liquidity has been purged
Will monitor on LTF when alerts are triggered.
Remember we are trading human emotions and probabilities
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❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
$BTC Down We Go Again | Trade Idea
Yesterday, the BTC daily didnt appeal to me as much as the ETH chart did but today is a different story. Same factors that are against ETH are against BTC:
13 EMA
50 EMA
200 EMA
McDonald's Arches are present pattern here
All in all I see this easily retracing back to the support zone highlighted. The question though is will it hold?
$MSTR Lines of Liquidity [$CRO short in action, $DXY pump]I'm still working out how trading view recording works, and it seems the upload failed, so i'm not sure exactly what will be connected to this post, but let's see....
$MSTR opened strong today on the back of a slightly higher $BTC since yesterday's US market close. My hypothesis remains that volatility will be the name of the game in the coming days, as we are sandwhiched between two pre-market gaps. One from last Thu-Fri session at 300-325, which was nearly 5%, and multiple smaller ones down near 210-230. The shorter term gaps are more likely to be filled in the coming hours/days than the longer term-ones which have already failed to fill. But they'll all be filled, which means we can expect a range of at least 210-300 or 30+% moves in the coming days/weeks while we wait for summer to end and the US FED to announce it's highly anticipated rate hikes - estimated to be between 50bp and 100bp, depending on the inflation CPI numbers and other factors.
I'm active in a CRO trade, accumulating with anticipation for a move to the downside. I'm shorting through .125 - .129, with a stop loss set at .13. Looking to cover at ~.12
And I'm slowing distributing my open MSTR trade between 280-300.
The $DXY continues to pump, while $BTC remains relatively flat, which in my book indicates a divergence worthy of our close attention and a surprise up someone's sleeve. Who's playing games out there, who is it, really!?
Fast Drop incoming
I am going to present some fundamental factors updates to understand my bearish ideas.
Updates:
USD looking bullish yet again!
UK true inflation reports to be higher than expected inflation. General worries about Uk Inflation to jump to 18%
www.bbc.co.uk
Further war escalation:
- Russia urging public to fight
- NATO expansion
- US & Taiwan conflicts
For Alt traders:
$BTC is about to fall...Hi, this is my contextual and price action analysis on why BTC is most likely to fall than create a massive bull run
We have more reasons to short this coin rather than to long and I laid out facts in the chart and my
data interpretation of those facts to conclude this forecast
What do you guys think?
Let me know in the comments section! :)
BTC Daily update - Be careful with longsYesterday on the news BTC did exactly opposite of what I predicted and rose 7%.
Right now most of the crowd is rooting for long, forgetting to analyze technical factors.
Four signals for short:
1. We completed Elliot Wave pattern
2. Bulls become weaker as buying volume drops. If we want to go further, we need to wait for strong buyer to appear.
3. We broke trendline as support. And even tho there no impulse yet, we should see movement soon
4. We are already at full ATR. BTC is unlikely to rise 2-3x it's ATR a couple days in a row. Correction is likely
Also, be careful as there an obvious pinbar behind which stoplosses of bears are hidden. Marketmaker may try to go for them first before the drop
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself