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Btcusdshort

BTC/USDTBitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance. On the other hand, it was very good that the cme chat was also filled. If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I specified. At the moment, a full 5-wave Elliott pattern has also been observed, but the length of the 5th wave can change.
by mohsenomidy
Bitcoin ($BTC) Corrective structure in short term? We'll see...Hi everyone! If we look at our analysis on the daily chart (see chart below), the price action has reached a very important resistance area (trendline). Having said that, returning to our intraday chart, we see that the bullish structure may have completed, or almost completed, its development. Some reversal pattern should appear from one of these areas, let's wait. DAILY ANALYSIS (click and Play chart below) If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below. thanks for your attention and please... trade with care! 💖
Short
by TheAnonymousBanker
21
#Bitcoin - thoughts out loud #1.Good afternoon, dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. In the New Year, we see positive dynamics, but this is not enough to index this movement as "successful". Therefore, in order to update local highs, we have to go even lower to gain positions at more favorable prices for ourselves (price range 15555-16666). Scenarios of possible development of the situation №1,№2 are relevant, but the market will settle everything by itself. If we consider the picture on the smaller time frames for a more detailed assessment of the market strength. Dear colleagues, on the 4H time frame, we see how the price was artificially held by professional operators. Pay attention to the first two processes (marked with a circle), we have a great volume, a great result in relation to each other, but the progress does not suit us, okay, we can ignore the progress. We go further and on the 3rd process there is a sign of local force on increased volumes, everything suits us perfectly. And the fourth, extreme situation (blue rectangle) highlighted bars and volumes, the question is why we observe an abnormal volume on the narrowing spread? My assessment of this situation is "WEAKNESS" but on the news background we can observe a false breakout of the highs and further depreciation of the instrument. Thank you all for your attention, I wish you success, and remember: Sometimes you win/sometimes you learn.
by WVitalievich
2
BTCUSDT likely to tap into daily support zone around 21800The price headed towards 4h resistance around 23633 but fell short of a bit (0.28%) from the target mentioned. So the rejecrion happened a bit early and the price fell below the daily support. It hit a old 4h support and currentlyvtrading above it but it does not seem to be significant and price is likely to tap into daily support 1 zone. But before it might try to touch the daily resistance 1 zone. A good short entry would be the daily resistance 1 zone if the price reaches there before tapping into daily support 1 zone.
Short
by angela_altair
5
#BTCUSD - Time to Liquify Some Bulls?Well, here we are, after a massive #BITCOIN pump over the last month or so, with a fresh Sell signal from Crypto Tipster v2. There's a strong descending trend line acting as resistance right above current price, and a few levels of support on the flip-side. If we can break below the support @ $21.5k it looks to us like the price is going down to at least $19k, maybe further. Either way the path of maximum pain would be to liquidate some ultra-long bulls right now, giving us a nice 10 or 20% profit from this short! What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:BTCUSDShort
by theCrypster
6
Bitcoin Move to 150K on a monthly predictionHey guys, Here's a monthly chart on Bitcoin, keeping it way too simple. (: I believe the major bull run to 150K area will begin only after the test of 10-12K area. There's even a possibility of a wick to 6-7K when that happens. Remember this is monthly chart. The chart and the drawings on it speaks for itself so I won't go into details that much. In 2023, I'm assuming these drops and in 2024, we'll begin the moves with the halving helping the moves as well. So I've selected investment strategy as short for the time being when publishing this idea but in long term it's still long. PS: This is not a financial advice! Always DYOR. Cheers!
BITSTAMP:BTCUSDShort
by koklucinar
1
#BTCUSDTMy hart says price will directly hit the 21700 price, and my brain also says the price need to do a correction movement to hit the upper side blue lines which placed on 23343 maximum upper line...price is doing a death cross on 4H chart and 21700 OB and 20750 Ob the last hope for bulls...unless we can see the price will kiss 12,000 level as soon as possible....in short term it will going to touch the upper key level of the falling wedge....all things can be happened or not.....
Short
by BabyRusk
BTCUSDT Must Have Run! Despite everyone, I am thinking of Short!According to classical analysis we reached the bottom of ascending channel and we should look for upward run! But as you see in chart, my own developed indicator based on blocks, support and resistance and some other data which is showing the probability of next movement ; indicates that we should face downward for future prices and I believe in what I was developed and coded based on my experience and knowledge of market analysis which I want to share it with you also! Anyway, Max upward price : 23200 - 23300 and reaching more than these prices means going to break 25500 and 26000 Break Bullish Block : 21700 - 21500 means going down to 18800 and if more 16600 and even more 15300 Not a special advice for trading just as student of financial market experienced ...
Short
by AtareumFX
2
BTC/USD market commentary on 3/3/2023On the daily chart below, we can see that the buyers failed to break the 25K level with conviction and gave way to the sellers. The top came exactly at the previous August 2022 high and the divergence with the MACD signals that the price is likely to fall back to 21500 level which is the first target for the sellers. There was some uncertainty in the market given the talk of seasonal factors skewing the economic data based on the month of January, but since the S&P Global US PMIs are based on the recent month of February and they came out strong, the market got that extra confirmation that things are really turning for the worse. On the 4 hour chart below, we can see that the price has pulled back a bit into the 50% Fibonacci retracement level and it’s now eyeing a breakout to the downside of the counter-trendline. The breakout will be the signal for the sellers to start piling in with the target at 21500. Yesterday, the market got some bad news again from the ISM Manufacturing PMI which showed a notable bounce back into expansion of the “priced paid” sub-index, used as a proxy for inflation. The market is increasingly worrying of another wave of inflation and a more hawkish Fed. These are bearish developments for the crypto market. On the 1 hour chart below, we have a more closer look at the near-term price action. For the sellers the breakout of the counter-trendline is the one to watch, while for the buyers, the breakout above the 24000 level would give some hope for another test of the 25000 top. Tomorrow, we have the ISM Non-Manufacturing PMI which is another key economic report. Strong readings will push the prices even lower, while weak data may give the buyers some relief. Recommendations for trading BTCUSD: SELL BTCUSD ( 24.200 - 24.000 ) Stoploss : 24.600 Takeprofit 1 : 22.700 Takeprofit 2 : 21.500 Takeprofit 3 : 21.000 BUY BTCUSD ( 20.800 - 21.000 ) Stoploss : 20.500 Takeprofit 1 : 21.700 Takeprofit 2 : 22.300 Takeprofit 3 : 23.500 Note: Always install TP and SL in all cases
BINANCEUS:BTCUSD
by DNAchampions