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Shortbtc

BEARISH MARKET CONFIRMED - WYCKOFF INVALIDATED I see some people viewing BTC on the hourly and four hourly chart of BTC as an accumulation phase of a Wyckoff pattern, but this is certainly not the case. Not only was the pattern invalidated. but the broader market globally will initiate a further crash of the crypto. This was actually quite obvious considering the Dow Jones, S & P 500, and NASDAQ all exhibited severe bearish indication to short the market. The only thing we need to wait for now is for the RSI and MACD to regain some strength to initiate another selloff. To make the most money, shorting an Altcoin or EV stock would be the best option.
BITSTAMP:BTCUSDShort
by Kousei-Mike
BTC is about to retraceThe last 4h closed candle is clearly a bearish sign, add this to a bearish DIV clearly visible on RSI, OBV, CCI and the picture is clear. Moreover VLPR shows there isn't much price action at this level, probably because we're very close to a psychological price (50k). I think the retracement should stop around VLPR's control line which is pretty close to 0.618 Fib level, a good one for a bounce back. However don't sleep on the 0.5 one, I'd short until 47.2K, an easy target with relative low risks. Off course the stop loss is mandatory whey you shorts, set your SL at 49.4k, I think it's decent deal with a Risk/reward ratio of 3 which is the minimum required. Good luck
Short
by Shotokhan
4
BTC Going On 20% Sale Again! See HOWA week end and month end is coming and btc doesnt seem to be quite bearish as we can see it is making a bearish penant and a head and shoulder inside not a good sign for obvious confluences for bearish are more than one we will be seeing btc in 30K range this weekend to anyone who want to buy should buy partially buy any good alt project or btc when the price touches 31-33K 50% and buy other below 31K that way we will be in a safer trade if you are in profit trade with stop losses on break even or profits I am against shorting and future trades NFA
Short
by mubarikzarkun
hidden bearish DIVPretty simple: BTC is gonna drop more. First support is 32.2K, the second is 30K. I personally think it's a good moment to do DCA and in general to accumulate. If, like me, you've a life which doesn't let to keep an eye on the chart very often this means you've likely at heavy loss. In such cases the confortable way is to hold and wait. Don't sell at loss to exit, it'd be fool. If you're brave and want more risk you can sell at loss and short using my supports but remember, shorting it's a risk itself, if you sell some bag at loss you must be sure you wanna do it and you must keep an eye on it. You can also use the TMA lower band as a point where to buy back part of what you shorted. If I wasn't too stressed out for my life I'd try to sell at loss and short right now. Good luck!
Short
by Shotokhan
4
Short BTC - SELLHello Traders! The price reached the 3,618 (64,896) level of the Fibonacci retracement traced from I to II. Which represents an extended wave III as seen in the graph. A minimum correction is expected at the level 0.382 (41.298) of all that impulse, this level belongs to the entire cycle of the sub-waves (numbers in circles) of wave III. This price correction is wave IV. It is not ruled out that it looks for the 0.50 level or the 0.618 Fibonacci level traced. It all depends on who wins the battle between the bulls and the bears. Additionally, the MACD indicator seems to indicate a possible downward trend. Once this correction is complete, we will go to look for new highs with wave V. Have an excellent Trade! PS: Pending with the price action at the 0.236 level, it could be the case that the bulls do not let the price advance much.
INDEX:BTCUSDShort
by Daniel_Romero