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Btcusdtshort

BITCOIN Massive Move!BYBIT:BTCUSDT.P BTC has been consolidating for almost 3 weeks in a possible ascending triangle. On the breakdown of the ascending triangle look for Long entries at the 25200 zone as a textbook pullback. Many buyers will be lurking here, but wait for the confirmation of buyers stepping in via a bullish trigger - hammer candlestick or engulfing or combination. On breakout of ascending triangle one could possibly look to go long with upside targets marked to $38k zone. Set your alerts and don't predict but be prepared for the move once Bitcoin shows it's hand. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Long
by imr4nkh8n
Bitcoin Analyze (Short Term, Double Zigzag Correction)!!!To complete wave 4, Bitcoin has created a Double Zigzag Correction structure inside the ascending channel and support zone ($26,980-$26,580)🟢. The end of wave Y can be above the upper line of the ascending channel and 🟡Price Reversal Zone (PRZ)🟡. I expect Bitcoin to reach the lower line of the ascending channel and most likely break the channel down. If you would like to have a better view of the wave count in the 15-minute time frame, I suggest you look at the below post for a few seconds.👇 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
8
BTCUST1) Bitcoin is completing the 3rd Elliot wave on the weekly time frame. 2) In the daily time frame, 3 corrective waves have been formed and in the last few weeks we have seen the formation of an upward trend in the market. 3) In the 4-hour time frame, you can easily see this wave, which exists due to the upward momentum of the expectation of correction up to the price range of 25500. 4) Also, the formation of a doji pattern in the weekly time frame and the divergence that exists increases the possibility of a fall. But in my opinion, this cannot be more than 25,000.
Short
by miladsalimi1991
BTCUSDT | TFW Wave Analysis | Inverted H&S Retesting Neckline?The current uptrend wave is potentially a leading diagonal with a valid inverted head & shoulders reversal pattern breakout - now with a DOJI candlestick this week, the price could retrace to the neckline level 25k, watchout for a false breakout then most likely to breakdown - SHORT ENTRY to the neckline level and EMA200 week -20+% downside (A valid inverted H&S consists of a strong downtrend with at least twice length of the head & shoulders pattern and massive volume breakout)
Short
by dukeposh
1
A short term idea of how BTC will moveHello, You can see here the pattern BTC might form. We might see 28600 first and then back to 27400. Please be aware that patterns do fail . A different outlook of M Pattern is below. M pattern can be of many kinds. It does not need to be a perfect M. BTC is bearish. I do not suggest a long position. You can take a short position at 28500 and take part entries with low lev. TP at 27500. Follow risk Management Never use high Lev. Protect your funds. We have BTC in the oversold zone in 1 day and 1 week. CME gap at around 21000 Thank You
Short
by Honeybee-Crypto