Get started

Shortbitcoin

BTC BITCOIN Weekly and Daily indicate a further Decline$BTC #Bitcoin Price Update 10.09.2019 Bitcoins Price is now a hot topic and I want to give my technical perspective on current Price action. On The Makro point of View Weekly Stoch still heading down, but we are now trading above the 10EMA but lost the 10SMA. Locking into the lower TimeFrames currently the Daily Candle is now trading below yesterday`s Candle. Daily Stochastic is Crossed Down. Daily RSI is losing the EMA and Trending towards bearish Control Zone. If we takeout yesterday's Daily Wick to the downside (10060) a possible acceleration to the downside is more likely. On Lower Timeframes for example H4 we have similar Signals which could indicate a further descent towards 9,8k. Again I do not recommend opening any short or long trades blindly without proper Position Size and Risk Management. Bitcoins Price gives you now a clear Support and Resistance lines where you can Manage your Trades of, everything between should be a clear no Trade Zone for you. Be Smart, set your alerts, have your StopLoss in place and Trade Safe. =========================== you can follow and copy my Trades on eToro My Etoro Profile: www.etoro.com Etoro Registration Link: etoro.tw
BITSTAMP:BTCUSDShort
by koboltrading
How $BTC will play out.Here is a prediction of how I believe #Bitcoin will play out over the next 12 months or so. I don't believe $BTC will turn out people expect it to turn out. What we need and what we will adapt to will be a "Stable Crypto Coin" I also believe $USDT is printing money out of thin air, pumping BTC (BUYING) only to sell it for real cash... I have a theory: There is not enough cash to pay back everyone $BTC USD value that their wallets show....and when the world finds out it will be tragic...we will even see documentaries over it all :)
BITSTAMP:BTCUSDShort
by OfficialGoon
Possible Rising Wedgefrom first hours of this last move up to 8800 i was skeptic. even though i traded this move but i got out of market yesterday by parking on USD. i just thought that this move to 8800 more and more is getting similar to wave 5 on wave principle (elliot wave theory) and now by forming a possible Rising wedge it is going to be a very one actually. So If we see a dump to the upward support line of rising wedge, the relative high (swing high at 8800) will be confirmed and considering that: we would have a perfect rising wedge. Happy shorting that after breakout.
BITSTAMP:BTCUSDShort
by farzinsabbagh
Bitcoin moving within critical RedZoneBitcoin Technical Overview: Key Resistance: $6280 - $6340 - $6392 - $6450 Key Support: $6230 - $6170 - $6116 - $6036 Technical Indicator: RSI: RSI lacks upside momentum, in chart dotted red line is strong resistance for XAUUSD. MACD: Indicator having strong seller volume. Moving Avg: SMA50 ($6388.41) & SMA20 ($6434.35) strong resistance for the day (4H Chart). Most Likely Scenario Short Below $6400 with target $6150 - $6036 in extension. Alternative scenario Long Above $6400 with target $6465 - $6520 in extension. Overall, Cryptocurrency market value dropped back below $200B, Bitcoin has returned to critical support level created by $6,100-$6,200. Once it is cleared, the decline may be extended. Thanks YoCryptoManic
BITMEX:BTCUSD.PShort
by yoCryptoManic
Bitcoin Short to $4k ?BTC SHORT: • Entry Price : $7,917 • Stop Loss : $8,261 (4.35% loss) • Profit Target Price : $5,028 • Risk/Reward Ratio : 8.39/1 • Profit Potentia l: 36.49% This chart is setup using an inverse HVF. At this current moment it is sitting really pretty at the Downside Target 1. I do expect BTC 1.56% to rally back up for a proper retracement, possibly back up to the $8k area. I might then consider a possibility to then enter a short position once this has taken place see it break out of the funnel to the downside again. Target 2 is set at around $4,756. I would most likely take most of my profits off the table around this target. Target 2 has a high probability of being hit. Target 3 is worst case scenario with still a realistic possibility of being hit with a target of about $2,431. I myself would not wait to close out my full short position at this point. This will be a great opportunity for the accumulation phase where professional investors and traders will load up on BTC 1.56% and new and weak traders will most likely sell. I hope this chart helps ! Follow me on Twitter @ KennyDegu
COINBASE:BTCUSDShort
by KennySniper
2
Bitcoin Down to $2500 ?!? Potential to shortThis chart is setup using an inverse HVF. At this current moment it is sitting really pretty at the Downside Target 1. I do expect BTC to rally back up for a proper retracement, possibly back up to the $8k area. I might then consider a possibility to then enter a short position once this has taken place see it break out of the funnel to the downside again. Target 2 is set at around $4,756. I would most likely take most of my profits off the table around this target. Target 2 has a high probability of being hit. Target 3 is worst case scenario with still a realistic possibility of being hit with a target of about $2,431. I myself would not wait to close out my full short position at this point. This will be a great opportunity for the accumulation phase where professional investors and traders will load up on BTC and new and weak traders will most likely sell. I hope this chart helps ! Follow me on Twitter @ KennyDegu
COINBASE:BTCUSDShort
by KennySniper