Xbtusdshort
XBTUSD Short @ $6760 ish... 1 hr, 4hr, 12hr candel ConfirmIs it just me or has XBTUSD turned into "Tron" recently...? Specifically those flying 'horse shoe' looking things the 'bad' guys used.... Anyways checkout it out on the 1 hour candel , 4hr , & 12 hr.... Each is about tho form the 'other half' down candel of the 'TRON' configuration...
LMK your thoughts... Plz Its guud to have confirmation that Im not loosing my mind, so soon.....??
Cheers,
MrL33
t.me/bitATX
XBT - WORK IN PROGRESS (1/3 DoneAutistic Charting. Short-term long from 6700ish at 20x.
Currently 25-30x ROE this week utilizing 12-48 hour short and long lplays between 10-25x.
XBTUSD -SHORT Scalp Successful Scalping of TOPS of LONGSI scalped at $7127.22 USD...... GOING Down!!!!!! Next stop $6300ish..... C U THERE LOL
EXIT STAGE LEFT XBTUSDMy 1st Stops just CLOSED, covering initial Investment the REST is pure profits, Enjoy.... I hope The same is for eveyone reading this... Now I wait to scalp the TOPS Shorting XBTUSD ....
There is no Greater 'JOB' Ive found were We can make money on the way UP & on the Way Back Down....
BTW HUGE SELL WALL @ $7190.00 USD SO I would aim for exit around $7170 - $7185 ish
Join my Telegram Channel for more...... t.me/bitATX
Cheers,
MrL33
Last look at it from original 1 hour candlesIf I were a gambler..... Yeeah right Im not kidding anyone here....
Im convinced its Pooo Pooooo HERE, Down to $5400ish is 1st stop. Yes this is my Final Decision... LOL What was the name of that stupid A** show on FOX I think...?
I hour Candle Confirms bitcoin Still in DowntrendAccording to my charts, 1 hour candles, BTC/USD Price in NOW in the "Perfect Middle" OR the 'eye of the storm' Call it what you want... Im Shorting this position 25x Leverage on bitMEX... I expect slight retrace, then the bottom should fall out again, take profits incrementally according to fund account & personal preferences... I've got my stop set at $6456
BTCUSD - I will wait as long as it takes to get my confirmation.Need I say it?
-Opened under the 300 EMA
-Waiting to see the daily close in 24hrs, if we open and close under the daily EMA
probability says we see some lower side targets.
Trade safe, don't try to beat your own rules.
XBT Perp Swap - Price, Pattern, Vol, Trend and Time Analysis.Ok here we go.
Numerous long term bullish pennants developed using recent and historical price action - confluence.
Two shorter term bearish wedges using current and historical price action - confluence.
Uncertain times and longer term analysis unfortunately means that both bullish and bearish scenarios must be considered.
Price is currently testing the top of one wedge, interestingly also 0.382 Fib price.
Note that we are within a volume clamp, supported and held back by volume shelves,
seen in the visible range (VPVR.)
Should we fail the bottom of the wedge, we have 8k support, should 8k support fail we see the next shelf
in the VPVR at 7200-7400 and so on. All these possible failures still keep us in the long term bullish pennants.
Fibonacci Arcs: Fib arcs measure price and time, as you can see, used properly they outline price and used in conjunction
with the correct tools you can develop an idea of when price will react but NOT in what direction.
Ichimoku: Multiple moving averages marked by the thicker lines (not enough space to go into the technicals.)
Note how price reacted with the bottom of the cloud.
I will not make a prediction, because that is not actually the job of technical analysis, I trade trends, if we break above the
current resistance I go long to the bottom of the cloud 10k, if wedge support fails I go short to 8k.
XBTUSD - Very bearish short term
Shorting volume has been on the rise in the past three hours
RSI downtrending with no sign of a reversal
MACD crossover very unlikely
Crossunders on the EMAs
The faster MACD (EMAX Histogram) looks like there may be a dead cat bounce before the final drop. It can also indicate an underlying reversal trend, but when the indicators are this bearish it seems to be a mistake.
XBT - BTC : Hidden Bullish Divergence + Cup & Handle 6 HourBITMEX:XBTUSD COINBASE:BTCUSD
So far the cup and handle is forming correctly. Let's look at a Hidden Divergence explanation shall we.
Hidden Bullish Divergence
Price: Higher Low
Oscillator : Lower Low
"Indicates underlying strength. Good entry or re-entry. Occurs during retracements in an uptrend. Nice to see during price retest of previous lows."
Battle of the channels XBTUSD (240 chart) The descending channel line (resistance) has crossed the trendline (support) of the ascending channel. There is also the possibility of a head and shoulders pattern which would signal a downtrend. A clear break above the descending channel will invalidate the h&s pattern. In that case XBTUSD should reach the $12,200 level. I'll attach the possible h&s pattern on the chart below to minimize clutter. Tell me what you think, agree or disagree? All comments including constructive criticism is welcomed and appreciated. Good luck and happy trading
Bitcoin short opportunityAs we can see on the 4 hour chart, bulls are failing to cross the resistance at 11,000
Three doji's at the top, implies a failure and we'll likely witness a fallback.
Remember that Bitcoin is bullish at the moment, so this will be a risky shot.
Another indicator to support this short is oversold RSI at 4 hour chart.
Happy trading :)
XBTUSD short (4h chart)We can't seem to bounce much. My line at 13311 held 3-4 times, but with this weakness it's getting broken.
Short at $13,350-13,400
Target: $12,000
Stop: $13,650
