SHORT Reversal opportunity ETH or BTCI am in this trade short @
214.39
214.85
215.07
215.26
215.26
Entered my Short positions where btc capped off around $1040, I think we might see a continuation in downward trend if it breaks through the area I've outlined. MACD shows selling pressure in 33 minute & hour. We will see if it breaks support.
Shortbtc
BTC Forecast UpdateStill short. @9500
The dotted arrows shows the best & worse case for BTCUSD at these levels.
Bitcoin has been on one hell of a ride as of late.
Ruling nothing off the table here but If i had to pick a side. It would be short 9600.
Lets see how this plays out.
Lets see if bitcoin can keep ripping through Shorts or if bitcoin pulls back and gear up for another run up.
I will keep updating.
ThetaBTC update Theta Token BitcoinWell.
BTC final retest in mid 9k range.
I am short bitcoin at these levels and am waiting for correction unless BTC breaks 9600.
Theta currently trending down on btc which means there could be a decent correction ThetaUSDT if bitcoin pulls back.
Looking for support on both ThetaBTC and ThetaUSDT before re opening a long position.
Support on theta btc coming in at 1543, 1478, 1272
I will keep updating theta trades along with btc and eth
JW
THETA BTC THETA USD 24 HR OUTLOOKPretty simple.
Im short theta at .155 USD and am looking to add more to my position after correction.
As you can see here theta looks to be trending down on btc which is trending down on the US dollar on a 4 HR trend.
I will keep updating this set up and provide long entry’s with SL if this plays out.
JW
I bearish AF with BTC and the current situationIF the current scenario exists I can see a bearish flag being formed considering the pole, we can predict BTC soon at 2900 ish range yes you heard it right I TOLD 2900ish. You might think I am crazy but unless an insane miracle I see no pump for a while , you can check my previous bear flag call history is repeating itself again. PLEASE DO follow my TWITTER and show some support guys.
BTC could dump till 7500$BTC Analysis
BTC is showing signs of weakness in most of the indicators. Volume is decreasing, which means that price could be easily manipulated. Also on the chart, we can see the H&S pattern, which is one of the most accurate trends reversal patterns in trading.
Furthermore, if bears want to dump price, the easiest way to do it is to liquidate some stop-losses above 8054$ and with that momentum to push the price in the opposite direction. I expect one stop-run till 8200$, then fall.
I marked potential support where price could land. Blue dotted lines are the previous swing highs, and white lines are HTF supports and resistances.
Enjoy Analysis!
[Btc Update] $6500 Isn't a question"Bitcoin Isn’t Down Because of China, It’s Down Because You Don’t Need It"; Bitcoin and many other cryptos aren't down because some news. As we look toward this next year with crypto, it's likely a large portion of coins will fail. If a coin isn't providing real world value it will be worth nothing soon.
Personally I've never been too big a fan of bitcoin, projects like XRP & Vechain are more in my alley. So much speculation saying "bitcoin to $6500", I think you are right but fail to see the bigger picture. Bitcoin will hit 6k, If support doesn't hold we may see a tumble down toward $3500.
Is bitcoin a shitcoin?
Always do your own research before trading, only invest what you're willing to lose. I am not providing financial advice.
Bitcoin Will Die $BTC will die. It's just a matter of when. I expect that within the next year -- and potentially much sooner than that -- BTC will be trading under $4,000.
If it falls under what little support it has at $7,000, that would light the way for a very bearish trend. Both the weekly and the daily charts look pretty ugly. Lower highs and lower lows. Every time momentum gathers for a breakout, it fails to break through and falls further.
The trend for the past few months has been characterized by quick falls and lengthier periods of consolidation. BTCUSD started out the year with a period of low volatility before gathering steam in April and taking off in May.
Between May and June 27, BTC more than tripled -- gaining 152.59% in just two months. On the 27th, it dropped from over $13,000 to just over $10,000. A $3,000 fall in less than 24 hours. Subsequent attempts to gain the momentum for a sustained push upwards have failed -- the cryptocurrency is in a clear downward channel.
I'm anticipating this bearish trend to continue into next year. Bitcoin will die a long, slow death punctuated with surges of volatility of decreasing intensity and frequency. I expect BTC to be trading under $4,000 within the next 6-12 months.
Bitcoin - Weak Price Action Continues ~ Quick UpdateI focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
The Bitcoin Train Is Over Amigos...Why, What, How dare you! I am sure some of you may be thinking that right now, let me explain. Bitcoin had a great run, it really did! But unfortunately the good times don't last.
We hit a yearly at $13920 which we had a massive rejection from. We have been distributing for the last 4 months decreasing this bullish momentum and preparing for our move down.
The Level I have proposed to short at ($9745) was picked from the 2 Week chart.
Trend has already reversed on the daily, and 2D.
It's only a matter of time... :)
Eth breakout or fakeout? See why we tend to think its a fakeout!Long time, no see.
Real life responsibilities had to overweigh the content creation part (this). Now that we are back, we will try to update more frequently tho (we being me and my imaginary friend ;-)
Now you are here to get a insight i what I BELIEVE is gonna happen, aren't ya? :-) Well, the quick and dirty is: I'm bearish short and medium term, but still hella bullish in the macro!
Why? I think bearish is good for the future of crypto. I would esp like to flush out more shitcoins, see weak hands sell and apply maximum pressure / pain / willingness HODL - to the people that bought 5-6k levels! ;-)
I wont for now publish more macro targets. First, i wanna share a trade yeah withya for ETH that i think has its merits.
I would look to entry a SHORT for eth at lvls 190-195. patience/ time lvg and position sizes will determin your entry. I think Eth will pump ultra short term (6-24 hours after releasing this) and dump rather hard at these lvls.
Entry: 192-195
Exit: 165-169 (exit only to reposition future short better - bounce will possibly occur at this lvl, more on this if this plays out)
Gains: 15%
SL: This trade is risky but can be handled very well in multiple of situations even if going south. I will prolly exit my position if ETH cracks 205$ lvl with conviction - more on this if this scenario plays out :)
Remember this is an idea, dont trade because of this. This small post is really to open your eyes for a broader view and may not even be correct. DYOR
Bless,
E