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Btc-short

Is that the way the TOP Looks like? Are bulls Loosing Momentum?Welcome to fresh 4hourly analysis dear traders and investors! Many of you are wondering is it time to short or not ? I would say it's definitely a good moment to enter low leverage short with stop loos at $9852 USD. I'm short since $9780 USD with stop at $9852 on x10 leverage. Bulls loosing momentum slowly, EMA12 almost crossed 26EMA, previous cross on those MA's lead us to $700 USD drop. AND IF BULLS FAILL TO HOLD PRICE ABOVE 200 MA , we are going to revisit mid 7Ks area, look at chart and you will see where previous EMA12 and EMA26 cross from above MA200 took bitcoin. RSI Divergencies still in play, however theres a chance we haven't completed it and still can go to 10k area, but until 10.5k Zone reclaimed, i would look to reduce btc exposure. Dear readers it important to say that, it IS early Short entry, obviously we are catching the top. There's still no signs of Weakness on bigger TF until price stays above 200 MA $9250-$9350 USD , TREND REMAINS BULLISH. All mentioned above is early sings, this risk worths reword! We got a lot of untested liquidity below us, from other hand theres liquidity above as well. From my view, we are in distribution area, and its time for a bumpy ride to accumulation stage! Appreciate your time! Soon TG channel group launch with consistent updates and fresh market news, stay tuned guys !
BITSTAMP:BTCUSDShort
by AboveDuality
14
#BITCOIN starts correction or a bear trap?BTC just broke down the horizontal Value area mentioned in the chart. However, volume is not that much during the breakdown which makes us suspect about the current price action. What do we do in this situation? Plan (A) If Bitcoin falls below 9550 short it Nearly target 9350/9250 Plan (B) If Bitcoin move back into the range long with stop loss at below nearby low Nearby Target 10050/100080 Short term Target around 10500 I will keep you updated about it. Plz give like & comment your opinion.
BITMEX:BTCUSD.P
by UnknownUnicorn3648410
2
BTC is going to $9000On the 4 hours time-frame of COINBASE:BTCUSD , a bearish divergence is identified on the Relative strength index (RSI), which indicated a possibility of trend reversal. The current price is currently traded below the 14 period simple moving average (SMA) and trapped between the two fractals (between the red lines). It is highly thought that the price will visit low levels as it is also traded around a supply area. However, if BTC break upward, then 10.300 is the next target. What do you think?
COINBASE:BTCUSDShort
by xSamJuniorx
4
Scaling out of longs and into shorts temporarily BTC is a creature of habit. When we run up like this it is followed shortly after by big selling pressure. Scale out of your longs comfortably here in the 94xx range and into shorts. Ideal short range 9450-9600. Here are the reasons I would trade this. 1. RSI on 4h is 93 ffs. I Don't even need to continue after this but I will. 2. The Candles are trading way beyond both sets of the upper Bollinger Bands. Historically this is followed by sell pressure. 3. We're on a sell count on the 4h, 1d, and 1W. This isn't as a consistent indicator as some, but in this case it should be good. PT: 8500-8100 n the next few days or weekish. I am not an advisor and don't assume responsibility for your trades. Best of luck out there.
BITSTAMP:BTCUSDShort
by westonnn
1
BITCOIN, strong Resistance hence going Short opportunity Bitcoin has recovered massively since the last crash on March 13, but it has still a positive correlation with global market trends. It has broken a few resistance levels since that time but as it goes higher, it will face more strong resistance. As you can see on the chart, in the next few days, two long term moving averages are crossing each other near almost $7920 - $7950. I think that intersection will create a strong resistance and there is an opportunity to go short.
Short
by scenus
5