Correction to Weekly 21 MA - Short SetupFollowing the interim trend and momentum to downside.
Average into short position between 50700-53000. Stop out ~55500. Close position under 43000.
Btc-short
BTC/USDT ideaAfter such a great bull run on the daily, it looks to be cooling off. Looking for a bounce around 50k mark but if that doesn't hold we could go lower 40k or less. has been some fun trades around on the 5/15min TF with profit of 5-10% then it gets rekt ha ha good luck trading
RSI has turned divergent
finally closed below the 50 EMA
keeping an eye out for a small bounce around 50k due to the whole number and its close to the 100 EMA cheers
Ascending wedge Look the pullback on his ascending wedge And maybe, if break the support, we will have the double top..
And it's will be good to retest the old ath and take off new ath.
Expecting small drop on BTCusdtHello, as you can see in the chart.. some lines match up with this idea. Also this would line up with the earlier drop.. making a black line retest + a Bart pattern.. which we saw earlier too. I dive a little bit deeper into this on my page.
Xau/Usd Channel Scheme
Target one: buy 1857.50
Don't forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
Eur/Usd Flat Top/Bottom
Target one: sell 1.18250
Don't forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
The end of a trend - Short BTCUSD Bitcoin is trading off into the end of it's trend making Lower Highs while finding support on strong trend lines / moving averages with less and less volume. A new trend likely to start in April
Bitcoin will take a step backEntry Price: 57991.15$
Stop-Loss: 61102.56$
Take-Profit: 31895.13$
Leverage: 8
Stack: 4.7% (of total capital)
Scalping Trade : Short position I entered into a short deal here. Stop loss is a priority. Good luck ...
We will see what happens (just a scenario) just wanted to share
we will see if they give this "dip" opportunity to us
BTC 56,000 TargetThis is an update on my idea of the bearish ascending wedge pattern.
As I suspected, the price broke through the bottom support line of the ascending wedge. The next level of support is the major trend line drawn between the last 2 major dips at 50k and 43k.
Using the same bar pattern from the last drop to 50k, along with the fact that price is turning back down on the 15min chart and I see very large buy orders at 56k on the depth chart, I suspect price will reach 56k within the next day or two.
Additionally, RSI and momentum indicators crossing down currently on the 15 min chart.
Most likely break the all time high after that. Many people are talking about a reverse head and shoulders pattern firming. I do see it. However, if the price is rejected again at 60k, at the neckline, look out below. It's a long way down to 30k when Elon Musk bought his coin.
Short BTCUSD with macro tailwinds and stretched technicalsMomentum/Volume drying up similar to mid 2019 environment with extremely stretched technicals. Macro environment (rising rates & inflationary expectations) also stacked against stretched (especially levered) assets. DeFi growth/institutional adoption will keep happening, but BTCUSD will likely enter a multi-year correction / consolidation period.
BTC Bearish wedge BTC is yet again at highs on Sunday before the trading week starts. BTC is struggling to stay above 60k. Lots of investors are beginning to take profit on the equity and commodity positions for cash. We can expect some exhaustion of the bullish market as the dollar and other currencies rise short term. bearish divergences are also beginning to form signaling exhaustion of the bulls.
Under normal circumstances I could see BTC dropping below 40k as low as 30k but this year we saw a lot of institutional interest in crypto as well as retail. With the backing of institutional investors we likely will not see the see the same kind of volatility we had pre 2021. None the less, a pullback is necessary. No large spec-traders would be willing to buy at current prices.
A new high would invalidate our entry and we can look for a 1:1 reverse of the breakout.
BTC short I’m looking @ this shirt currently. The target on the chart is pretty conservative because we do have a CME gap @ 54000. Keep in mind 90% of CME gaps do fill themselves in sooner of later.
BTC/USDT 4H According to double top reversal & main resistance with attention to low trading volume & poor divergence It is estimated that the price will drop to at least 57,500.
best of luck.
The possible trend of the BTC/USD in weekly time frame😮🔥🔥"DON'T MISS THIS ANALYSIS"
BTC after a huge bullish trend now it is in a sensitive situation.
We have too many good news about BTC but this currency like other markets can have down trends
" in weekly time frame in MACD we can see RD- divergences , so they show us we will have a down trend in the future
other indicators like RSI are in over sold and in the chart we have a pitchfork that we are in top of it in the resistance level
in my opinion we can have that trend that I shown in the chart.
BE CAREFUL ABOUT THE NEWS
VERY GOOD NEWS COMES AFTER A SHARP TRENDS WHILE WE ARE CLOSE TO RESISTANCE "
Tell me your ideas GOD WILLING , GOOD LUCK ... 😊👍
The big BTC short ! If Bitcoin will go up to the next weekly, then i'll go for a trade with a short entry.
It looks very nice with the fib level 0.618, the weekly and the fib fan and time lining up around the 1 of April :)
BTC BEARISH DRAGON OVERALL TREND REVERSALgathering all the variables collectively shows bearish probability with break of extreme trend and high scale bearish oscillators. but most eye catching is this textbook inverted bearish dragon pattern. Tradingview has enabled some enjoyable drawing to animate BTC price action and bring it to life. buy a plane ticket to Florida, short city upon continuing bearish confirmations.
BTC big shortFinally something big is coming up and it is a short opportunity for BTC. As you can see there is huge bearish divergence on RSI, bearish divergence on MACD, all on daily chart, what did not happened for very long time. Everybody is bullish on social media, red laser eyes and another shits but BTC need correction and it is irreversible and necessary. My targets and potential levels are two. First around 40k (Im sure that will happen) and second what im not sure if happen is 20K. On weekly chart is also huge bearish divergence on RSI, what can also tell you that everybody should be aware of dump.
It is really good for BTC that institutions are buying and everybody want bitcoin, but what will happen if they start to be in loss after btc bitcoin dump ? If they sell, we are gonna have a big problem. So there is also question, what reaction of big institutions will be after big starts dump, if they will have balls to hold it or they start to sell and big fear will spread into the market.
If anybody finds my thought helpfull, please iam welcomed for btc gifts :D
my btc wallet:
bc1qq5tplyvek08rzpldz8dnnx2zqmhlx4swxevft4
