Get started

Btcsell

BITCOIN (BTCUSD): Inside Bar PatternBITCOIN (BTCUSD) – Cash: Selling On A Breakdown Of Inside Bar Pattern (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed an Inside Bar Pattern overnight. Price moved briefly lower from the prior Inside Bar Pattern that had formed last Thursday (We didn’t consider trading this pattern). Price moved briefly higher from the recent Bullish Pin Bar + Multiple Inside Bar (Combo Setup) that had formed around a week ago (We did not consider trading this setup). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Inside Bar Pattern. Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Bearish Fakey Setup.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN (BTCUSD): Inside Bar PatternBITCOIN (BTCUSD) – Cash: Inside Bar Pattern (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed an Inside Bar Pattern overnight. Price formed a Potential Bullish Multi-Bar Fakey Setup last Thursday (We did not consider trading this setup). Price briefly moved higher from the Bullish Long-Tailed Pin Bar Signal that had formed over a week ago (We did not consider trading this signal). Price moved significantly lower (Almost $4500) from the Bearish Pin Bar Signal that had formed on Tuesday, May 10th (Before reversing up), (We suggested trading this signal in the May 11th, members' daily newsletter). Price significantly moved lower from the Multiple Inside Bar Pattern that had formed just above the 37559 prior short-term support level (Which is now a Key resistance level and an Event Area) around three weeks ago (We suggested trading this pattern in the April 29th, members daily newsletter). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Inside Bar Pattern. Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Bearish Fakey Setup.
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BITCOIN WILL TEST 200 W EMA AGAIN!Price of Bitcoin is in a steep decline for the last 7 weeks! I think this is a first in Bitcoins history! 7 red weeks in a row! This week price dropped around %20! BTC tested 200 weekly ema which is around 27k USD. Buyers stepped in and price went back above 30k rapidly. There is high amount of volatility in the markets! This is not a good sign for bulls. Price needs to consolidated and form a bottom before upside movement. Also FED chairman Powell said this week that, they are not promising soft landing to the US economy meaning there could be recession in the future! This means they will raise rates and decrease money supply no matter what! Institutions are starting to run away from risky assets and buying in on government bonds. Last week US 10y bonds are over 3 but right now they around 2.8! BTC will form a lower low before going to ATH again. I dont know when will the ATH come but im pretty sure it will not come this year! This year bottom will form somewhere between 200 Weekly ema and 300 weekly ema hopefully. Which is around 20-27k. I think bottom will be closer to 20k and will linger there for couple of weeks before going back up. I do not expect strong rallies for long periods of times, that lasts weeks. If price raise quickly to the upside think it as a profit taking oppurtinity. We will go lower before going back up again! Also it is still to early to form a bottom just yet! We simply dont know for sure what FED will do about inflation. We should wait for at least Jackson Hole meeting which is in August. Follow for more charts and data.
BITSTAMP:BTCUSDShort
by thegreatwall38
2
BTCUSD – Cash: Bearish Fakey SetupBITCOIN (BTCUSD) – Cash: Price Collapses From Bearish Fakey Setup (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price moved lower from the recent Multiple Inside Bar Pattern that had formed late last week (We suggested trading this pattern in the April 29th, members' daily newsletter). Price moved lower from the prior Bearish Pin Bar Signal (Event Zone) that had formed just under the 42608 short-term resistance over two weeks ago (We suggested trading this signal in the April 24th, weekly newsletter and hopefully some traders got on board). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a retracement higher to within the range of the recent Multiple Inside Bar Pattern. Potential Trade Idea 2: We are considering selling on a retracement higher to within the range of the prior Bearish Pin Bar Signal (Event Zone).
COINBASE:BTCUSDShort
by UnknownUnicorn393254
We're building a BIG SHORT on Bitcoin!Hey guys 👋 Just an FYI, we have been shorting BTC for a while, adding on to the short on every lower high formed on the 1H chart. We are gunning for big drops on BTC and overall crypto, yet of course we're just as ready to buy as we are to sell if the structure of price action changes. For now, our targets are 3, see them below: 1) The neckline 2) The volume support at 12.6k 3) untested POC of the bullish structure 8.3k On Wednesday the FOMC is due to raise rates again, the higher the rate outlook becomes... the lower crypto should/could go. More on this in a video that is related.
BITSTAMP:BTCUSDShort
by PrimedGroup
7
#Bitcoin's Sharp Reversal is Squashing Bulls, Path Back to $39.5Past Performance of Bitcoin After sharp upside moves in the European and early New York sessions on April 21, Bitcoin prices plunged to close the day as an inverted hammer. The long upper wick points to strong selling pressure, unwinding gains posted in the days as prices reacted from the previous support--and now resistance--multi-week trend line. Based on the development in the daily chart, #BTC seems to have completed a retest. Bitcoin Technical Analysis Traders remain apprehensive at spot rates. Even after the complete reversal of April 11 losses and the close above the $42.5k level, sellers didn't sustain prices above $42k, indicating weakness. The uptrend has been nullified following the April 21 inverted hammer and prices trending below $42.5k. Prices are pulling back from the liquidation trend line, completing a retest. Sellers might ride with the newfound trend, targeting $39.5k in what could be a bear trend confirmation of the April 11 leg down. What to Expect from #BTC? The reversal from April 21 highs pours cold water on bulls' momentum. Since prices are now back within the April 11 trade range and $42.5k, the selling pressure of April 21 may spill over, possibly forcing BTC towards $40k in the short term. Resistance level to watch out for: $42.5k Support level to watch out for: $39.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
1
Bitcoin 10days Cheat sheethey everyone hope you all are doing good . i am using oscillator this time to find bottom and and i believe we have already made bottom and we could wait until july-august for another final bottom before making new highs . you can see the bottom was found around -14, -18 , -10 , -21 & -15 but final bottom i expect to be near -25 after it we will see new highs but until then i have made a cheat sheet of btc price action which can help you all for intraday levels as we going to consolidate until july. Good luck
COINBASE:BTCUSD
by FxSniper_
BTC Short for about a dayI already opened a short on btc due to a bearish divergance getting formed on btc (shown in yellow line) on the 4h chart and it's quite overbought on the other timeframes right now. right now it's cancelling the bearish divergance because it went down and didn't close the candle up at 43.2k but I'm still keeping the short trade open because i know btc can't close above 43.2k or else it will still create the divergance so either way im shorting. This is just a quick update and I'm going to start making these short updates to tell you guys what I'm doing with my trades and why! next times the text will be shorter and more straightforward! MY TRADE X5 leverage Stoploss: 44.1k Take profit: 41.5k
Short
by blz_legend
12
Bitcoin Sell the Pivotal Value.Bitcoin - Intraday - We look to Sell a break of 41488 (stop at 42323) Daily signals are bearish. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. 41575 has been pivotal. A break of bespoke support at 41500, and the move lower is already underway. Our profit targets will be 39222 and 38322 Resistance: 43000 / 44000 / 44500 Support: 42000 / 41500 / 41000
BITSTAMP:BTCUSDShort
by Signal_Centre1
2 for 2 with bitcoin shorts today! Riding it down caught the wicafter taking partial profits on my 1st BTC short i moves my stop loss into profits which was triggered when it wicked up, which is why its always smart to take profits along the way and move that stop loss into profits to make it "risk free" After a massive surge up i felt like it wouldnt sustain above the ascending trendline so I jumped in with a larger trade than the previous short. I already closed about 50% of this short @ 37500 letting the rest ride.
BITSTAMP:BTCUSDShort
by Layne_LV
3