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Btcshorts

BTC looks like bearish this weekendThis week BTC lokal price reached the high of 35500 and couldn't breake the downtrend line. This local high now looks more like a bounce from last deep. Today is the date of futures experations on CME. We think that this bounce was made specially for big capital to come out as profitable as possible. Scalper Season analytics have an idea that BTC sale is still not over. We can see new serious support level at 28500, so BTC can easilly retest 31000-29000 in few days. Next week will be very important for bulls. If there will be not enough buying interest, local downtrend will continue.
Short
by Scalper_Season
3
About BTC'S SHORT x LONG x PRICE We will never know: Is the player alone in Bitifinex ? It is happenning at anothers Exchanges ? He could be playing at futures as well, been long at one perpetual, or a option contract. We can't know. that. The only thing we can do is Speculate about, and There it is: At First, we have to understand that he took the distributed market and applied a bilateral liquidity injection, in other words he went in long and short at the same time, as the market was distributed he gave in on the weaker side. So he took part of the profit from the short position, going long after. Then the market starts an Accumulation, with long positions increasing and short positions decreasing, while the market lateralized. After fully positioning himself in the long position, while the market went down a bit, he applies a FUD on the BTC, going heavily short when the price reaches the top of the range. It works. it knocks down the market !! But something happens. The price refuses to go down any further. It falls into the bear trap!! But he's a tough guy, he won't let it go! And he increases his short position showing strength. He plans to buy at FUD again i think ! Here is the proposition of what can happen: If the price touches the trap line again, at 37.300, it can push a little harder and try to FUD more... But at first this attempt was already lost. If he folds and turns his hand over, closing the 15k btc short position, he could put the price at 50k again, or even more.
BITFINEX:BTCUSDSHORTS
by OUTSIDERTRADER
4
Bitcoin struggling to overcome 6 Hr, looks to retest 4 Hr trendA lot of people trade fibonacci and EMA's. I love both of these indicators. However, trend lines are where it's at along with Support and resistance lines. Don't get me wrong, EMA's (moving averages) along with fib lines, are great indications of where price could hit. However, trend lines mark the reality of where price action will be, and support/resistance lines provide the guide; moving averages are just the indicator that lets you know the price reached that point in the chart- not predetermined targets. Based on the chart analysis and RSI/SRSI movements, I believe Bitcoin will test the 4 hour. This would be a short term setup in my opinion and I would look to see it bounce around. Let's see what happens, this is still a bear market. I would anticipate Bitcoin holding the 25 EMA on the 4 hour chart if we were not in a downward trend, the higher time frame is showing red still in the shaded line in the background. IF we drop below the 6 hr and the 25 EMA on the 4 hr, we will likely see a 10%+ drop. Not financial advice, don't invest more than you can afford to lose. If you aren't leverage trading this market, you are crazy. If you want to learn how Leverage trading is NOT A SCAM, I would love to teach you what I'm doing, and also show you how to adjust your leverage depending on price momentum so you don't get liquidated. Leave a comment. I'll get back to you.
BITSTAMP:BTCUSDShort
by kingofkrypto1