Btc-short
8K BTC MACRO Correction Potential 5050Every day the BTC chart begins to tell a story that only gets clearer by the day.
When rich men have goods to sell they advertise and when assets have been distributed into primarily the hands of the public the public runs out of money and begins to sell.
Given what I see on these charts I find it no coincidence that the richest institutions are magically bullish on crypto at high time frame resistance looking to load up for ETF’s. They are business men with goods to sell and the best for a reason.
Time and price are currently balanced at only the 50% retrace level of our last bull run. If BTC rotates to the down side it will be balanced again at the outside edge of the red circle which also is a perfect correlation with a trend time cycle and typical oscillations of the Fibonacci number ratios people like to trade so frequently.
For the first time BTC finds it’s self with monthly divergence on both rsi’s and money flow. Also for the first time has a macro double top followed by its first engulfing candle on a yearly chart. Finally has diminishing returns at exactly 15 degrees of time vs price and on its last one before going flat.
Until it's invalidated by braking our current level and holds it what is on this chart will be the main operating principle at which I trade by moving forward from today until we break the high and it is invalidated or we reach out final low.
IF we don’t brake above and retest I will be targeting 8k BTC and covering for a massive rally at 50% of the way down. Entry will be brake of trend.
Institutions are after your stacks and have more than enough money to short everybody and their brother out of the market and are advertising that you should buy..... THEY HAVE GOODS TO SELL
Currently NEUTRAL but heavily favoring this model the more time that passes without braking this level.
Trade Well. Invalidation is brake above and retest current level.
Bitcoin in Weekly Timeframe-Super-CycleHello Guys, as I promised you before, it's a new day to show you the Bitcoin in a Weekly timeframe based on Elliot waves.
Everything is clear and we finished the cycle that included 5 Wave. The first, 3rd, and 5th is bullish, and 2nd and 4th is correction wave.
After a full cycle, we expect to correct waves that include 3 waves.
The first and 3rd in bearish and the second wave has Bullish momentum. we called it ABC.
It's really easy to understand.
Based on my analysis, the A wave begins from 69K to 15K
B wave begins from 15k to 32k
And at this time we are in a C wave that includes 5 microwaves.
The A Wave has a special structure. There are 5 microwaves in the A wave. In Bitcoin, the A wave had a stretched wave in the first microwave. And the 3rd one is not the shortest wave.
B could move complicatedly. It's usually moved in 3 microwaves.
The last one is the C wave.
I expect C wave has 5 microwaves. And could create a divergence at the End of the movement that related to a sign to notify us it's time to buy.
Take it Easy!
The C wave began. So, Watch the market.
I told you everything in the analysis about the daily timeframe. Please refer to my pre-analysis and think about that.
Good Luck
Ho3ein.mnD
BTC in a stage 3 declineOver the past year BTC broke out of a stage 4 decline it formed a "cup and handle" broke out above the 200D MA but failed to hold momentum but instead rolled over into a range.
It's now trading under the POC "27900 level" the path of least resistance would be to target the 200D MA as a demand zone, this should play out by the end of this month if we print a bearish candle on the monthly.
A trade invalidation would be a reclaim of the 27900 level.
🔴 #BTC short setupThe BTC chart looks bearish.
We've formed a pattern of a small base under a larger one, with a small base also located under the BoS short level at 29400.
I'm considering a scenario where price returns to the high-volume level of the larger base at 30262, and tests the imbalance range (30530-30900) from above before moving downward. At the high-volume level, I'll be searching for an entry into a short position with the following targets:
TP1 - 29285 - high-volume level of the small base
TP2 - 27660 - 0.5 imbalance of the 4-hour and daily candle
TP3 - 26050 - 0.5 imbalance of the daily candle and high-volume level at 25790
I will place the stop loss beyond the imbalance boundary at 31030.
short on BITCOINhi friends
By losing the $29,500 area, Bitcoin has provided opportunities for short trades.
One of these trading positions is in the $26,900 range, which is highlighted on the chart.
Since the 21-day moving average has been placed above the price in daily and 4-hour times, this has increased security for sell positions.
The price decline is expected to continue to the $27,000 support area, but since my trading strategy is set on the third target, you can see the short position signal up to $28,570 on the chart and you can follow the position to the lower targets at your own risk.
BTCUSDT SHORT OPPORTUNITYPretty certain nobody "wants" to hear this, but, here's what's likely about to happen.
BTC's been sitting ant the top of that most recent run for too long without retracing. The longer it sit's, the more likely it is it'll retrace really sharply. Remember those famous dumps? The ones that end trading careers (and likely at least a few marriages). That's what I suspect is coming.
It won't last very long, however, so if you're in a long position that's in the money, take some profit and short this sucker.
Re-entry ~$27800
BTC: new week - new opportunities!Good day, colleagues!
📊Weekly TF situation remains unchanged. The price continues corrective movement within the ascending wave.
Last week, the low of May was updated with price fixing higher. At the same time, IMB M was almost completely filled.
From below there is support in the form of 0.5 imb W and a block on the daily TF in the range of $23 896 - $24 670, which can become a target for further decline and an area for consideration of purchases.
🏳️Daily TF remains downward. Within the framework of the wave on junior timeframes, zones can be identified for searching for entry points into short positions.
🚩Locally I expect growth to $26,500 (not the exact price, other zones are possible) and upon confirmation I will consider short positions.
❗️Not a financial recommendation, before entering into a particular transaction, conduct an analysis of the asset yourself.
Have a great trading week everyone!
BTC to the HOLY TARGETAfter breaking down our current trend in the monthly timeframe, we experienced a fake break above the trend during the re-test process, but the price has fallen under the trend again. We can expect a pin below $10K, an accumulating price in the FWB:12K - FWB:14K range will easily take us to the Holy Target.
BTC Wave and price action analysis Hello, traders
As we can see, there is a bearish impulse wave and a regular flat correction pattern, and another bearish impulse wave started with increasing momentum, so the Wave analysis and price action indicate that Bitcoin is heading to break the bottom of 28500
Maybe VWAP bands are still the best?I know, I know, a very confusing title.
Point is, we have been running after far too many indicators to tell us about BTC happening, but the best one to support us during the volatile period is still the VWAP bands.
As we can see, price has bounced and being rejected from level 1 bands, upper side band. A very daunting place to make a decision of BTC future.
I would its possible that it can break and go to abyss or go to heaven.
My bet is abyss.
BTC Holds at Crucial Support AreaBTC is currently sitting in the Fibonacci 0.618 retracement area of the recent rise with support from the 200-period exponential moving average.
The loss of this place could take us to the 25K region. My opinion about the decrease to the 12-14K range has not changed,
I am waiting for the needles to the 9.3-9.8K range, but before this happens, BTC is still reading what it knows.
BTC Reversal & CRASH Coming!!! Bitcoin Traders About To Go Into
BTC Reversal & CRASH Coming!!! Bitcoin Traders About To Go Into shock!
Bitcoin has a Weekly Deathcross, 50 crossing below the 200 Moving Average, Negative Divergences on daily time frame, ( Declining Volume in a Rising-Wedge) In an outer potential Bearish-Flag.
A 2021-2022 Bars-Pattern/Fractal, non-adjusted, perfectly lines up with all levels.
It is the perfect storm for a 70% discount.
#NFA