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Btcusdtshort

BTCUSD: Elliott Waves Intraday TradingThe price of bitcoin once again updated the local minimum. I continue to consider 2 scenarios of development of the situation: 1) The price formed 3 impulses in a row to start a deep decline. The opening of a short position is relevant at the breakdown of the minimum of the last wave 1. 2) The price will continue to form a correction within wave 4, completing the expected wave C at about $25,000. It is possible to open a long position on a breakdown of the maximum of wave 1 as part of the presumed wave C. Overall, the situation has become more complicated. Many structures were broken and at the moment I closed some long positions with a small loss and am watching the situation. I plan to open any positions when the identification of good patterns of continuation of local trends. Best Regards, CEO Tornado Capital
BITSTAMP:BTCUSD
by HurricaneCapital
4
Kiss of Death at the Weekly ChartHere is my first idea published after years in tradingview. There's a clearly "kiss of death" printed on the weekly chart at the 200 Simple Moving Average. Also, remember that its the first time in the history of Bitcoin that it closed under that 200 sma (with the body of the candle). I don't know (keeping in mind a lot of indicators which I use) if the bottom is in or not (and I doubt that 99,9% know it) but this is a very negative signal. So for next days, maybe weeks, i'll remain shorting this market. I'm listening for more ideas related.
INDEX:BTCUSDShort
by elbarry100
BTCUSDT: Elliott Waves Intraday TradingThe bitcoin price found resistance at $24,000. I was waiting for clarification of the situation to understand what structure the price may be in at the moment and what to do now. On the one hand - 2 impulses were formed downwards, which may become a starting point for the start of strong sell-offs; on the other hand - the upward movement may continue within wave C of wave Y, forming a bearish wedge. In such a situation it is possible to open a long position, but take into account the fact that in case of a negative scenario it is necessary to quickly make a decision to roll over on short sales. I plan to sell bitcoin at the end of the wedge, or at the breakdown of the low of wave 1 as part of the descending momentum repeat pattern. Best Regards, CEO Tornado Capital
BITSTAMP:BTCUSD
by HurricaneCapital
4
BTC: Will this Bearish patterns will be invalided!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not considered as financial advice. #BTC/USDT ANALYSIS It is retesting above daily support level after clearing liquidity above it. As it has done break of structure after giving a close above the previous HH region. So there might be a possibility of creating another higher low before an upward move, if it give a successful retest above the marked support levels. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
4
#BTC breakout this Descending Broadening Wedge!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not considered as financial advice. #BTC(Update) Bitcoin breakout this Descending Broadening Wedge in 12hr timeframe . We can expect a good rally from here but IMO never trust BTC in case of breakout it’s always surprised us. Majority of Traders/Influencers were Talking about 10k-12k-14k in case if BTC did fake out this breakout. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
BTC/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice. #BTC BTC did a decent bounce and currently, it is trading above the horizontal resistance. For confirmation, BTC needs to close this 4houes candle above this horizontal resistance. So let's see how the 4-hour candle closes If this 4hour candle closes above this horizontal resistance then as expected it will rally towards the $23.3k. Stay tuned This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
BTC long-term: POTENTIAL SCENARIO!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE. #BTC LONG-TERM UPDATE: BTC took a massive dip of about 85% again to reach a new bottom within a duration of about 396days (About 1 Year) of Bear market. The drop ended in the month of January 2019 which make the January to be a special month from my research. After, the achieved bottom of 3081$ in January 2019, Bitcoin price begins to rally for a new ATH again, which break the previous high. This rally so far had taken about 1035days (2yrs, 8months) with a fresh ATH of 69270$. This ATH was achieved in November 2021. This was one of the reasons why fear entered the market and the price entered a downward trend In the third cycle, the price enters an upward trend. Banks and institutions intensively buy. Finally, the price grows by about 130% during the two ascending swings and forms a new ATH. Finally, buyers tend to buy in the range of 60,000 to 68,000. The dollar is completely lost, and organizations and institutions try to save profits and exit their transactions with a profit. Eventually, the price falls and continues to fall for a period of up to $ 33,000. Buyers see the price range as an opportunity to invest and buy for a short time. The war between Russia and Ukraine has been going on for nearly 7 months, plunging the entire financial market into fear. Secured assets, such as gold or oil , are why we are seeing them grow these days In general, I do not see good conditions for risky financial markets. On the other hand, the price is currently moving within a trading range, which is also a sign of the end of the downtrend and the beginning of a new cycle. If the price wants to move as it did in the past, we should see an increase in the price of bitcoin in the coming days. Next ATH is expected to happen in the next 2years within November to December 2024. This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
BTC: IS STILL TRADINGNG INSIDE THE TRIANGLE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice. #BTC UPDATE It bounced after hunting stops below the channel support by liquidity grab wick and now it is again back in the channel. It has also respected the previous higher low and it is creating lows in ascending order. Further consolidation can be expected inside the channel until we see a successful breakout. Bounced nicely, looks like we can see a rally towards $23200 soonish if the support holds. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
4
Bitcoin | Accumulation Phase Continues!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice. #BTC (Update) Bitcoin is forming Descending Broadening Wedge in Daily timeframe . Majority of Traders/Influencers are Talking about 10k-12k-14k But imo, Bitcoin will Remain 18-22k S/R Range for Next Few Weeks & Broke the Broadening Wedge in Mid August & hit the 28k-30k Key Resistance in Late August/Early September So Keep Accumulating the #Bitcoin. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
4