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Xbtusdshort

XbtUSDBITMEX:XBTUSD XBT (Bitmex - Bitcoin) situation for the weekend 1h/4h Timescale-Charts Working on our bullish Cypher pattern from the bounce of Friday (point D) and looking for a possible daily close below 5K at the up-sloping support of the new ascending triangle (and if we break below the point D, lowest tap at 4923 that would invalidate the harmonic pattern. Otherwise, we can retrace the bullish Cypher pattern to 5198-5248-5263-5356 (We will look at the previous up-sloping support of the first ascending triangle acting now as resistance and an old pennants up-sloping support acting as resistance) otherwise we could see possible zones at 4774-4557-4341 Weekly Timescale-Chart: Stochastic overbought (85 area) at the weekly timescale. RSI (55-57 levels) at the resistance zone on the weekly We will wait to see the weekly closing by Monday. It will be Interesting
BITMEX:BTCUSD.P
by CryptoISB
Bears, we may have problem hereThis is the alternative count after i reevaluate the btcusd chart and taking into consideration that the lack of selling pressure , possible bullish alt bounces , total time for this wave. 41xx-42xx area is very old and tested many times , and many short stops sitting over there for possible squeeze .Maybe btc isnt actively traded by many , but still people need to buy it for trading altcoins. In the end i m leaning bearish and looking for shorts top of the range but wanted to make a second chart for possible short squeeze. :) will be adding main count. Happy trading ...
BITMEX:BTCUSD.P
by rabbitfeet
$BTC - #Bitcoin-Daily-Update #22 - Day Trader ExplainsHello Lads and Ladies, Welcome back to TJ's TA sessions.- The Daily BTC Update #22 What happened in the last 24h? In the last 24h we saw some little to no movement in and around Bitcoin. The whole market is standing still and waiting for its fire to ignite. We have to be careful with these low volatility days, since these mostly bring big volatility with them on the following days. So, we are expecting a move tomorrow, it is as well decision time for most of the Altcoins. Most important S/R right now? 2939 3030 3100 3160 3200 3250 3333 3434 3550 3666 3730 3812 3929 4077 4123 4169 4382 4658 Gained lost %? Since the opening of the new daily, we wicked down -0.56%, but gained 1.22% in $$$ down 20$ but up 42$ MarketCap? Total MarektCap is 120 Billion - +1 - Of which BTC is 63 Billion - +1 - With a Dominance of 52.4% - -0.1% - Volatility? The 30d avg Volatility is 3.56% - -0.03 - Shorts/Longs? Shorts - 23.8k (pretty low) Longs - 28.7k (high but solid) - S +1.3k/ L -0.2k - Funding? The last 3 funding rates added -> -0,059% - -0.0140 - Momentum? The TJ-Momentum is showing us a red cloud again, which is indicating us a drag and pull down. This might be important for the next days. -202 - -18 - Volume? Todays volume is quite bad and in fact one of the worst bullish volumes, that we have seen this year so far. It is yet another sign for big volume incoming. TJ-MF/TJ-Stoch levels? TJ-MoneyFlow - Today we are seeing a bearish spike on the money flow, which is not confirming the direction and yet indicating us a bearish movement soon. TJ-Stoch K(blue) - 23.3 D(orange) - 27.6 Divergences? We are seeing an uptrend on the TJ-Moneyflow which is an important divergence against the down trending market structure. The shorts are increasing drastically. While the chart has not seen its influence yet. Market Structure? We are still in a descending channel and might even find ourselves in a very huge and scuffed bullflag. Fighting with strong and important supports at this moment. Overall? Overall, today has been not a nice day and we have some bearish indications starting up in the background. We are seeing the shorts increasing. We are loosing drastically on the longs, the volume is bad as well, the funding rates are not favoring longs that much anymore. We are expecting at least a re-test of 3434 very soon. I am seeing 3333 as a possibility as well. On most of the alts we have as well a nice "playground" of at least 5% to still stay bullish, same as Bitcoin. What do we want? We want to see a quick test of 3434 or 3333 so that is out of the way and see more bullishness everywhere. Should we re test and not bounce quickly, we might continue to test the yearly lows. Position? Considering a small short scalp with tps towards 3434 and possibly 3333. Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. This is as always a delayed post, if you are interested in first hand news, feel free to join our group, Cheers, TJ
BITMEX:BTCUSD.PShort
by KongTrading
1
BTC XBT One more Leg up if lucky! Start taking shorts ASAP!! -Bearish RSI 4hr + charts -Bad news - another hack - Cryptopia + no good news at all -NO VOLUME #1 indicator of bear market -Expected bullish rally after major fall in price ( all bears saw that coming and was expected prior to downward continuation) -Expected Monday opening dark swan move (break out of a bear pendant) -Attempted to breach 3800 Heavy Heavy resistance! and ended in a Morning Star Doji (sign of trend reversal of individual chart pattern formations) -Prior to this bull rally, we dropped clear down below 3400 XBT:Kraken before getting retrace upwards (very very bearish sign) -12 month bear market with large groups of people who believe the bottom is at least below 2200$ (popular market sentiment) - no proof of change yet currently we do have a very weak bull flag with low volume. I am shorting here 25% and if we receive one more leg up (possible) I will add 75% to my short position at that point. I will update until trade completion SL : 4025 USD -- make it have to break a big even !!
KRAKEN:BTCUSDShort
by LazerTrading