Get started

Btcusdshort

$BTC's Key Resistance Trendline for This WeekBTC has been very bullish since late September and early October, but has reached strong resistance at $28k. The orange trendline is a key price target where BTC bulls and bears are struggling to gain control over this price level. The trendline acted as support for a few hours before ultimately breaking below, and is currently acting as short-term resistance. For now BTC is trading in a range between the white support zone and the $28k resistance level. In order for BTC to climb up higher this orange trendline needs to be flipped into support. The markets have been affected by the new Israel Palestine conflict. Other key events this week are September PPI inflation data and Fed meeting minutes on Wednesday October 11. I think the markets are likely to have some sideways price action on Tuesday in anticipation of the new inflation and fed data.
COINBASE:BTCUSD
by realchartchamp
BTC Potential H&S PlayAs BTC was recently rejected from the 200 day SMA (~$28,000) as well as the 0.5 Fib level (of rally June 16-23), the potential for Head & Shoulders pattern is coming into play. SPY is also testing lower trendline of it's rising wedge ("recession news" likely coming) and could capitulate, leading to further pressure on BTC. Just some Wine Wednesday speculation, but I wouldn't be surprised if we see another sharp leg down before the end of the year. Long term bull, but "Uptober" might be a bulltrap.
COINBASE:BTCUSDShort
by DougCatBounce
🚨Bitcoin will Go Down to support lines again🚨⏰(1-Hour)⏰✅Bitcoin reacts well to 🟡 Price Reversal Zone(PRZ) 🟡 and 🟣 Weekly Pivot Point 🟣. 🔔I expect Bitcoin to decline from the 🟡 Price Reversal Zone(PRZ) 🟡 to the support lines and 🟢Support zone($26,240-$26,000)🟢 again. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Ethereum futures ETFs could start trading next week — Bloomberg analyst. Crypto Exchange Kraken to Explore Stock Trading: Bloomberg. Gemini invests $24M for expansion in India. Shanghai publishes blockchain plan to support trade, metaverse, government affairs. 6th Swiss bank joins SDX crypto exchange. 🌐➖ Negative News ➖🌐: Bitcoin miner Marathon mines invalid block in failed ‘experiment’. Binance's CZ Could Face Criminal Charges: WSJ Binance fully exits Russia with sale to CommEX. Bitcoin Miner Selling Pressure Mounts as Hash Rate Peaks. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
100
Bitcoin Divergences Since 2023Although Bitcoin has been stagnant since the beginning of the year, it continues to give us signals for future movements. First of all, we need to say that Bitcoin adapted to the 50-day moving average very well in this process. An investor who trades only according to the moving average can make very successful profits. In this context, when we look at the moving average, we see that the Bitcoin price is currently based on the moving average. A Bitcoin that breaks the moving average resistance at $26600 in the daily time frame can start to run again. We will determine how far this race will be as follows; Bitcoin has been effectively diverging since the beginning of the year. During this period, there were 3 bear divergences, and the decreases as a result of this divergence were generally around 21%. On the contrary, it made a bullish divergence once and the increase was approximately 27%. After August, in the current period, we see another bull divergence. Therefore, if the increase from here is around 20% like the previous ones, the point we will reach will be $30k. Here we will observe the possibility of the head-and-shoulders formation that we mentioned in the previous report. However, for this divergence to work, we must first break the moving average.
INDEX:BTCUSD
by YavuzAkbay
BTC - H&S Pattern point $25K Short TermHi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and weak price action on BTC indicates that sellers are dominating the short term, with a nasty Head and Shoulders pattern showing up in the 4h. Shorting Bitcoin can be tempting, especially when prices are actively moving. However, acting on impulse without a plan leads to reckless gambling more often than not. Savvy traders wait patiently for ideal opportunities with defined risk-reward ratios. Also, the risk-reward setup isn't ideal for a leveraged position right on BTCUSDT. BTC grabs attention when it moves, but plenty of other assets offer worthwhile trading opportunities. Expand your watchlist across stocks, forex, commodities, indexes, and more. Evaluate which markets are exhibiting solid technical setups right now. Don't feel pressured to trade BTC just because it's moving. Sometimes the best trade is no trade if conditions aren't ideal. There are other opportunities with better risk-reward setups than Bitcoin. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
BITFINEX:BTCUSDShort
by CryptoCheck-
28
Bitcoin to 21k confirmedFor the past couple of weeks, we've been playing with two scenario's for Bitcoin. The first one claims the bottom of the last daily cycle was at the last green arrow (17 August), and the top at 29 August. The second one challenged the first one by claiming the bottom was found at 11 September, meaning that the current cycle still had to find a top (which would be close to 32k). In my opinion, the first scenario has been confirmed when the price failed to break the resistance line, creating a failed rally. The price has now returned back to support. The more a support line gets hit, the weaker it becomes. We're now at day 39 of the daily cycle. This means that we're nearing the end of the cycle. I believe that it will end in a volitle move to the downside.
COINBASE:BTCUSDShort
by FetchTeam
2
📈Bitcoin weekly prediction, 23K or 31K?📉BINANCE:BTCUSDT COINBASE:BTCUSD As we specified in the previous analysis, Bitcoin's movements were limited in the green structure that was specified in the previous analytical idea. For this reason, the price started to fall from the level of 28 thousand dollars and could not stabilize at higher levels. Why? Because at that time there was no catalyst to stabilize the price. I expected the price to receive this catalyst after reaching the September 1-3 time zone, but the sentiment remains negative for Bitcoin. In this week, bitcoin price continues to move in an ascending channel (in yellow). The news around Bitcoin makes it more likely that the Bitcoin ETF will be approved. As the probability of ETF approval increases, the green path and the bullish scenario will strengthen. On the other side, if the price breaks the yellow channel from the bottom and behaves indifferent to the red fork structure, there is a possibility that the price will go down to the yellow area. Overall, in my opinion, as long as the price of Bitcoin does not fall below the $23,000 level, there is a possibility that it will go higher. But if the price loses the yellow zone and the support of $23,000, the level of 22,500 to 21,500 will be a strong support for Bitcoin in the bearish scenario. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
Short
by CrazyS
4
🚨Bitcoin Fall after the failure of the Uptrend line🚨⏰(1-Hour)⏰✅Bitcoin managed to break the Uptrend line a few minutes ago. 🌊According to the theory of Elliott waves , Bitcoin managed to complete a Zigzag correction pattern(ABC/5-3-5) in the areas above the 🔴 Resistance zone($27,000-$26,350) 🔴 and near the 🟣Yearly Pivot Point($26,719))🟣 . 🔔I expect Bitcoin to go Down in the coming hours and at least drop to the 🎯 Target 🎯 I specified in the chart. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Bitcoin clean energy usage reportedly exceeds 50% — Will Tesla start accepting BTC payments? This 153-Year-Old Bank Giant Will Start Holding Crypto for Clients. North Korean crypto hacks down 80%, but that could change overnight: Chainalysis 🌐➖ Negative News ➖🌐: Breaking: FTX Allowed to Sell $3.4 Billion Worth of SOL, XRP, ETH, BTC and Other Coins. Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex. SEC Accuses Binance US of ‘Numerous Discovery Failures’ in Court Filing -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
87
🚨Bitcoin ready to Fall again 🗺️(15-Min)🚨🚶‍♂️Bitcoin has been moving in an Ascending Channel for several hours. 🌊According to Elliott wave theory , Bitcoin seems to be forming a Double Three Correction (WXY) . 🔔I expect Bitcoin to fall at least to the Target I specified in the chart after Breaking the ascending channel. ❗️ Note ❗️: If Bitcoin breaks the ascending channel, the scenario will probably change -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: PayPal PYUSD stablecoin is 100% backed: Paxos transparency report 🌐➖ Negative News ➖🌐: 🔥Mt. Gox repayment date looming.🔥 🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥 Coinex confirmed its platform was hacked. Coinbase to Face ‘Reality Check’ as Retail FOMO Is Fading, Mizuho Says. Asia Remains Strong as Global Crypto Adoption Declines Binance.US cuts third of staff as CEO Brian Shroder leaves. US CPI inflation increases to 3.7% in August vs. 3.6% anticipated. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
47