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Btcusdshort

Bitcoin Looking Heavy but Still Finding Support-BTCUSD is looking a tad heavy these few days, drifting toward the bottom of the nearer dealing range between 24260 and 22230 price levels. -I believe Bitcoin will try to break out to the downside reaching for the discount end of the greater dealing range set by the rally from Jan 18 low to Feb 1 high. At the time of writing, bottom end of the nearer dealing range is still holding. I am anticipating a breakdown but could see small range trading happen until a liquidity injection event sends price lower. -Bias: Bearish -Why? There is sellside liquidity below the 22230 level which I believe the algo will reach for. -Targets: 22230 and 21650 into the daily +orderblock.
COINBASE:BTCUSDShort
by DenisRisticFX
4
#BTCUSD - 30% Long has Finally Closed. Where's this Short Going?Well well well... What a month it's been for #Bitcoin. We've seen some huge gains and managed to net 30% ourselves with a #BTC long. Now we've got a Short signal from CTv2. We can see a few defined areas where the price may be heading next if this Sell signal shows promise - the most likely scenario is Bulls are still prevalent and the price might only drop to the nearest level of support, around 10%, still a very nice Short trade to make! The other option would create a pretty clear Head & Shoulders pattern and would mean #BITCOIN price reverts to previous levels down at around 16k - this would make for 20% profits or more! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:BTCUSDShort
by theCrypster
4
🚀 Short BTC/USD Trade Opportunity at $22620 💰Description: 💱 The cryptocurrency market can be highly volatile, and short trading can be a way to take advantage of potential price decreases. In this scenario, I'm proposing a 🔽 short trade in BTC/USD, with a selling price of $22620 and a take profit level of $21100. The stop loss level is set at $23500 to limit potential losses. Please keep in mind that 🔙 past performance is not a guarantee of future results, and it's important to have a solid 💼 risk management strategy in place when trading cryptocurrencies. Hashtags: #BTCUSD 💰 #ShortTrade 🔽 #CryptoTrading 💱 #RiskManagement 💼
CRYPTO:BTCUSDShort
by ss7trader
#BTC/USDT Red Monday Incoming? #BTC :- LTF shows a possibility of some corrections starting this week. Alts will follow. Be careful if you have been profitable in the last 5 weeks. IMHO, It's time to keep some profits aside and play carefully. This is a short-term view and if gone right it can suck all gains made in the last few weeks if you are on leverage. Please be careful and use Stop Losses. INVALIDATION:- BTC Closing above $25k. This is not financial advice So DYOR. Do hit the like button if you like it. Thank you Peace
by Cryptorphic
16
24200USD Was The Top, Here's whyI've been bearish on Bitcoin since 22500USD. Now that the price is breaking through structure, I'm convinced that Bitcoin has reached its local high. Why is the top in? The price went up for 34 days, which on average is half of a whole Bitcoin daily cycle. If we're lucky, the top will fall in the right half of the cycle, but this is too early to tell. We must wait until the end of February. Secondly, we're seeing a daily bearish divergence on the rsi. This also happened at the first top at 65k. Lastly, If you zoom into the hourly chart, youi'll notice that Bitcoin broke out of its rising channel, which is the structure i talked about in the first paragraph.
COINBASE:BTCUSDShort
by FetchTeam