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Btcusdtshort

Bitcoin | Tries to break a scheme from 15 August-Since 15 August we put lower highs as you can see easily. - If price break above 19.700$ this resistance line will be broken but it doesn't mean we will go into the uptrend. Also be careful about fake break outs/stop hunting around 19.900$ levels. - If we broke the resistance it doesn't mean we go to the uptrend immediately because as you can see we broke a resistance 11 August and we went through another on 15 August so be careful. - An interesting fact that last time we stay under the last resistance from 31 May 2022, 71 days 20 hours and broke it (even if for a couple of days) - Now today's daily close will be exactly this far away from 15 August. - I don't see bright days for BTC for a while because of global economy collapsing possibilities but last couple of weeks BTC diverged from the NASDAQ and less volatile at it's strong support level is a good fact for longs. - Still you have to consider that there will be some more hard days for BTC and it has to resist for crushes. Closest event is Fed Press Conference at 02 November 2:00 p.m. FOMC Meeting.
by barisakg
2
BTC 12k?All structures move in 5-3-5 stricture naturally. Looking at the move to last ATH i count 5 moves u on the daily and now we are in 3 wave down, with the criteria for a wave C according to Elliot Wave theory: Wave C often reaches 161.8% of the length of wave A in an Expanded Flat. --> its not an expaded flat IMO Wave C has a length of at least 61.8% of wave A. It could be shorter in which case it normally is a failure, which foretells an acceleration in the opposite direction. Criteria reached ✅ Generally wave C is equal to wave A or travels a distance of 161.8% of wave A. --> possibly wave C and most common is that wave c is 1:1 ratio to wave A which according to the fib will bring us to that 12k are in line with descending wedge, target
Short
by TheRealHawk
1
Will btc touch 17K Zone by tomorrow?Every thing is CLEAR on the chart from OCT we had a trend between 19000 to 19400 which got thinner by TIME We had a real uptrend to 20200 Zone which could not break the res and we retested 19200 support again another FAKE uptrend to 19900 and retested the 19200 again ! ( The lost support ) What i expect is an uptrend to 19500 ZONE (Very small chance) before 17K OR with out it we go directly to 17K ZONE ! To me the risk VS reward is great so i short BTC From now with small leverage with STOP LOSS of 19340 So to me retesting the 20200 zone before the big drop is not a good idea (we already done this before in this month) *ALWAYS DO YOUR OWN RESEARCHES - MARKET IS NOT PREDICTABLE*
Short
by omidtbv
4
#BTC: The bottom is in!🥶Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. BTC UPDATE As Per chart #BTC is currently trading in Descending Triangle in Daily Chart which is a bearish pattern. Now Two Scenarios:- Scenario 1:- if BTC breakout Upward $20600 and the Daily candle closes above then We can see a 54% Upward move toward $31800 Scenario 2:- If $BTC failed to Hold Recently Bottom or Support Level $18000 then we can see $12000-$13000 Level. So Watch closely and trade. Support:- $12800 Resistance:- $20600/$25000/$31800 I know everyone is talking about this descending triangle pattern, but IMO BTC Will Surprise us As It Did Before The Start Of the bull run on July 2O21 Stay tuned Stay tuned and don’t forget to like this chart. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
20
BTCUSDT Analysis (LOCAL SETUP)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 18500 and ~17800 after first target reached move ur stop to breakeven Stop: 20500 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 2.5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
BITSTAMP:BTCUSDShort
by trytofeelpositive
8