Btc-short
BTC. This is my current view on the market! what do you think? We are currently in a correction period, and i think we will be retesting the lows of March be for we could potentially break out to the havling bull market. i often hear BTC completes 80% of its cycle before it breaks out, i guess we will see if its true now!
Please let me know if you think my theory is valid?
Short Opportunity - Rising Channel looking to failHi All,
It has been some time since I have posted a public analysis.
We are currently at resistance at the 7250 region. Difficulty breaking this does not bode well as the next order block has proven to be historically a stronger resistance. There are two primary trend lines that im looking to have respected. We could see a retrace to that 8K region however this seems unlikely.
We already tried to break the channel downwards once, the movement back in likely liquidated shorts. I believe this current minor pump to be a standard Bull trap.
Histogram and MACD weakening.
Volume is very low.
20,50 and 200 MA's are hugging their respective trend lines. Doesn't look promising for a break to the upside.
Lastly, we are looking to break to the downside of the rising channel a classic reversal pattern as well as the Ichimoku cloud.
Short entry @ 7149, Target @ 5671 (Next order block leg down).
Stop @ 7480. Can widen this if you please above 7520 region.
Thanks guys, leave a comment and let me know your thoughts,
Traders-Corner
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will hit 6200 before midnightyo guys
in my opinion this pump dump is just for Liquiding shorts on exchanges that planed by whales so
we will dump before midnight to our first strong sup line 6200
good luck
Bitcoin DownBitcoin is now near two lines.
I still expect it to crash to the lower support line of 5788.
BTC Back to 5500 or lowerBTC is in a large ascending wedge, the measured move would be sub $5500. We failed to break up out of the ascending triangle that I previously identified making this pattern more likely. This is not trading advice.
I was wrong. 4,000 incoming for BitcoinHello friends,
After coming back to this chart a week later.
I realized the prediction I previously made was was conservative.
The low looks to be about 4,000.
2nd wave coming soon.
The chart speaks for itself.
Happy trading,
Disclaimer- this is not financial advice! It is pure chart speculation.
ETH Correction Short Opportunity Targets INC.My trade set up
Just opened at time of writing price was $166.XX something.
20x LEV Short ETH
TARGETS
1) $163.75 Then move stop loss somewhere near here to lock profit if trade goes bad which during uptrends they can fire off ANYTIME during a correction post pump.
2) $161.10 Then move stop loss "BLAH BLAH BLAH"
3) $159.25 YOU GUESSED IT. . . MOVE STOP LOSS IF YOU WANT TO TRY FOR MORE YOU GREEDY MAN :P haha
Also kind reminder this is not financial advice but I like to hear from people with like or contradicting IDEAS because it helps me and everyone else grow.
ARU
Stay Safe! Don't Chase! STOP LOSSES PEOPLE!!! :P
BTCUSD Escalping already❤❤❤❗ reviewed by Blackfox
Bearish trend line since February 13 in green and bullish trend line in red.
We open shorts for a risk benefit 1:1,5 approx.
By Blackfox
BTC about to drop for further continuation ;Generally a breakout in the price momentum ( whatever the indicator being used ) signals early buy/sell stages of both breakout side . Moment of truth for that famous ascending triangle published so many times among crypto space participants .
If btc indeed breaks out for further correction, it is all about droping for rebouncing even higher than before its decrease .
No worries for bulls team in the long run for sure .
Take it easy, it's all good !!
Waiting on BTC for directives - break the fever, but up or down?Short or long is always the question - but we have clear areas for targets either way. Just a waiting game at the moment.
BTC Short Term PlanThis is my plan for $BTC if it follows my idea. I will compound my short if it cleanly breaks back below the mid range (S/R Flip) and then retests that level.
Stay healthy out there.
Cheers!
BTC SHORTI expect such kind of move in next few days, dead cat bounce, HS probably forming, global trend is short
BTC USD - Bear council has spoken My idea of how BTC will unfold over the following weeks.
Keep in mind, price is dynamic so you should be fluid. Your plan now might be invalid after 5 minutes of price action. Take care and don't blindly follow.
