Btcshort
Bitcoin CAN HAVE A BIG DROPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BTCUSD Sell IdeaAfter a big rejection of Resistance on a daily and weekly level, based on S&R and Fib Retracement it can be concluded that we will see a retest of support following a bullish beginning to 2023. Let me know if you agree or disagree, and if you like this idea please like and follow to get more ideas from MayTrade.
Retracing A Month UpSide Rally In 2 Days ! Top Longers in shamblUnfortunately Today I couldnt upload a video , it kept failing ONLY on this platform!
Bitcoin\4H Had A Capitulation Candle Down (-10%) and will continue to go down after a consolidation
After slow bleeding for 2 days BTC finally did what it suppose to do and legged down 10% and caught every hasbullah off guard resulting in Hasbullas getting liquidated left n right
We Also filled the gap (20500 to 20k) AS PREDICTED ,Now this dump is just the begining of a bigger dump thats comin maybe with todays news (18.4) then consolidates there or pushes backup to 19.5 and hold there.
If you look at 4H candles u see they are getting smaller in size and volume is dropping showing Bears are taking the thumb off the sell button and giving some room for retracement following in another fake bull move maybe ~20800 which eventually end in more sell.
On 15Min chart we are doing another Parallel channel but it could change as its low time frame pattern
Liquidity to upside around 22.8 is 4M around 23.7 is 11M
BITCOIN HEADED FOR 10k?!As mentioned in my previous idea, BTC has been in a bear set up. The recent rally to 25k saw the price testing the top of the channel which has been rejected as expected. I simply could not find enough bullish sentiment to expect the price to break up out of this channel and start a a new bull run, even if many others were convinced otherwise. At this moment BTC is forming a massive bear flag, which indicates a breakdown to 10k or below is very likely in the coming months. Of course this is merely speculation, anyone telling you they know the exact future direction of the market with a 100% certainty is lying to you. As always, this is not financial advice or a trading signal. DYR!
#Bitcoin - thoughts out loud #1.Good afternoon, dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
In the New Year, we see positive dynamics, but this is not enough to index this movement as "successful". Therefore, in order to update local highs, we have to go even lower to gain positions at more favorable prices for ourselves (price range 15555-16666). Scenarios of possible development of the situation №1,№2 are relevant, but the market will settle everything by itself.
If we consider the picture on the smaller time frames for a more detailed assessment of the market strength.
Dear colleagues, on the 4H time frame, we see how the price was artificially held by professional operators. Pay attention to the first two processes (marked with a circle), we have a great volume, a great result in relation to each other, but the progress does not suit us, okay, we can ignore the progress.
We go further and on the 3rd process there is a sign of local force on increased volumes, everything suits us perfectly. And the fourth, extreme situation (blue rectangle) highlighted bars and volumes, the question is why we observe an abnormal volume on the narrowing spread?
My assessment of this situation is "WEAKNESS" but on the news background we can observe a false breakout of the highs and further depreciation of the instrument.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win/sometimes you learn.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) fell for a fourth straight session on Thursday, as markets reacted to news that Silvergate Bank will be liquidating its operations.
Following a high of $22,198.90 on Wednesday, BTC/USD slipped to an intraday low of $21,609.99 earlier today.
The decline in price pushed bitcoin to its lowest point since February 13, when it traded at the bottom of $21,366.
Looking at the chart, this latest sell-off coincided with the 14-day relative strength index (RSI) falling to its lowest point since November 28.
As of writing, the index is tracking at 36.86, which is marginally below its support point of 37.00.
Despite this, BTC remains above its own floor at $21,700, and should this zone hold steady, there is a chance prices could rebound heading into the weekend.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
btc tp1 still 21.5 channel eqlocal wave b appears to be completed. looking for the move back to $21.5. might push up for a swing wave b of wave 2. will likely cut shorts there and wait.
bulls have been clamoring, which is what you expect at wave 1 tops. should continue throughout wave 2.
still expecting full wave 2 completion around $19.2.
bearish bias undeterred.
BTC 1D EMA 50-200Trade area 21.6
Strong support 21k - 20.5
Target 20.3 if price bellow EMA 50 (22.3)
EMA 200 is down move catalyst
Or..
Target 24.25 if price above EMA 50 (22.3)
HNS 24.25 if price got rejection
SELL BTC Entry: 24380 - 25620
Target 1: 23180 (done)
Target 2: 21960 (done)
Target 3: 20740
Target 4: 19520
Stoploss: 26060
#BTCUSD - Time to Liquify Some Bulls?Well, here we are, after a massive #BITCOIN pump over the last month or so, with a fresh Sell signal from Crypto Tipster v2.
There's a strong descending trend line acting as resistance right above current price, and a few levels of support on the flip-side.
If we can break below the support @ $21.5k it looks to us like the price is going down to at least $19k, maybe further.
Either way the path of maximum pain would be to liquidate some ultra-long bulls right now, giving us a nice 10 or 20% profit from this short!
What Do You Think?
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
🔥🔥🔥
Crypto Tipster v2
theCrypster
🔥🔥🔥
Massive Crash Incoming On BTC -Watch This To Not Get TrappedBTC\1H Doing a pennant which is a sign of continuation
With yesterday move performing a SL hunt and start to performing a pennant there which shows us there might be more down side to come.but it could also invalidate it by going up and taking all the liquiditiy around 22900 to 23400.
Todays Events will totally spice things up even more than yesterday
Dxy rising to 105 and holding it is a sign of Market getting weaker
Please Boost,Follow,Comment if you find this informative
Details on the video
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) started the week in consolidation, ahead of a key week of economic data from the United States.
Following a high of $22,497.00 on Sunday, BTC/USD slipped to an intraday low of $22,331.31 earlier in the session.
As a result of the move, the world’s largest cryptocurrency sank closer to a recent support point at the $22,300 zone.
Overall, the recent rise in bearish sentiment has caused bitcoin to fall by as much as 5% in the last seven-day period.
A downward crossover between the 10-day (red), and 25-day (blue) moving averages has also transpired, which could be a sign of further sell-offs to come.
One positive comes in the form of the 14-day relative strength index (RSI), which is currently tracking above a floor at the 42.00 mark.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
BTCUSDLooking for a rebound on BTC for the weeks ahead to create one last bullish drive to the upside to 24500 or 26300 which depends on the current BTC rebound as highlighted with arrows
Then creating an opportunity around the area for the big bearish run all the way to the origin of the current bull run or even creating a new low on BTC
BTC Long-Term Perspective
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) plunged further into the red on Friday, as markets reacted to fallout surrounding Silvergate.
The crypto bank recently announced that it wouldn’t be able to file its annual report to the Security and Exchange committee, whilst hinting at its “ability to continue (operating).”
BTC/USD slipped to an intraday low of $22,241.78 earlier in the day, less than 24 hours after trading at a high of $23,540.16.
As a result of the move, bitcoin has now fallen to its weakest position since Valentines day, on February 14.
However, instead of a pool of roses, Friday’s red wave has washed through the markets, leading to a huge shift in price strength.
At the time of writing, the relative strength index (RSI) is tracking at 42.91, which is its lowest point since January 1.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.