Btc-short
Bitcoin - Spine Tingling... ANTICIPATION ~ Trade Set-upGreat news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders. I am told we will be one of the first channels going live next week!!
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Bitcoin 4 hour descending triangle. Target 7850Bitcoin on the 4 hour timeframe is currently postured in a descending triangle. A 4 hour candle close below 8267 and the descending triangle measure move is down to the next liquid zone at 7850.
Currently, price is trading below all major moving averages. Red 10 SMA and yellow 21 EMA sloped down and acting as resistance, adding pressure to the downside.
4 hour stochastic is trending up, but weak and looking for a bearish crossover. Price action has been making lower highs while stochastics have been up, allowing for a bearish reset of the stochastics
4 hour RSI in a descending triangle, below the white RSI EMA. Consolidation on the edge of the RSI bearish control zone, likely to break to the downside. No divergence currently present
If this descending triangle plays out, please note how this will impact the higher timeframes. My higher timeframe analysis is found here:
BTC bounced from support *REPOST*No end to this daily chop, anyway bounce from support but bulls not convincing me.
I am scaling into short positions, adding and splitting my big order in 5 orders, the biggest if btc try to go up.
Premium in short from 10400 area, target below 9k.
Enjoy.
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"Lady BTC BOTTOM"
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"Lady S/R"
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Check my last creation:
"Lady GOD"
Pay Attention to BitcoinPay attention to that long pink trend line. If Bitcoin manages to dip below that line (and I believe it will), we will be in for a substantial drop. It may only drop to the light blue line, or it could drop to or near the bold yellow trend curve. Either way, we may see a slight increase in price in the short term up to the top of the triangle (orange line). But we will see a big drop incoming.
BTC Head and Shoulders Head and Shoulders forming on the 1H after bitcoin got stopped at the 10450 level which is the 0.786 fibo taken from 10604 high to 9880 low( range we were downdtrending for the past few days as seen on the chart )
That will bring us back on the upper side of the descending wedge formation we broke out to the upside yesterday - green curved line
Two possible scenarios there, normally those patterns after retesting they bounce up confirming the bull run in which case we will head probably towards the 10800 - green arrow
OR if we dont bounce and fall back in the wedge we are set for a false break out scenario which is bearish and will send the price bellow 10000 - red arrow
BITCOIN NECESITA SANGRE! En Graficos de un Dia: Sin fuerza, arriba d2 de d1, macd por debajo de cero, sin volumen, Normalmente que pasa cuando se juntan estas tres variables: SANGRE proximamente. Eso parece indicar, ademas de que muchos ya lo esperan para comprar bajo.
Si pasa lo contrario, mucha gente se quedara fuera. y para ganar, la gente tiene que estar dentro. obvio. asi que lo dudo de que se vaya a la luna desde ahora., lo esperare a 6500 Suerte.
It's a Bear, It's a Bull, It's Bi Polar Bear!Since little age he felt different, he will play with other bears but sometimes felt a bit out of place.
Global Warming made him move south, and one day on a summer holiday in 2017 he saw the field filled with bulls and was mesmerised by their muscles, resistance, and their big candles...since then he couldn't think of anything else than becoming a Bull.
He started shaving his hair Short down to the Scalp in the summer, and growing it Long in crypo winter,
A few months ago, he had put his Fake Out horns and go for a walk, jumped over the Hedge only to meet a group of bulls that mistook him for a Cash Cow, Bi Polar Bear tried to retrace but they grabbed him by the Head & Shoulders and.. you can imagine the rest...several Pump and Dumps, no Pullback and none of them Missed the Bottom.
His Asset was pretty much destroyed with a big Ratio Spread, so had to stay in bed Sideways for a while, Averaging Down lots of painkillers for his REKT pain... all of this while watching the bulls run and laugh outside his window.
recovered quite well lately and he's considering cutting his hair short and going out again...
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Have a beary good day everyone!
Bitconiano