Wait to short at resistance zone 43000-44000
Going short at 42.5K BTC/USD Last Double-fake out pattern has been confirmed. Lets see if it does an other double fake out. Short @ 42.5K TP around 30-32K
likely coming down after a fantastic W - see 2018 5% SL just over 30,500 the real portfolio is on the sidelines as of Monday morning, happy to keep all my profit from the crazy year of SPACs.
Looking in H4 in the past hour the recent candlestic fored a bearish pressure, that mean a sell for institutionals and investor and maybe, a good idea it's to put a sell order limit at $19,100 USD with a SL at $19,600 USD and my target profit will be $17,840 USD. Also, looking the MACD, it's show sell scenaro and maybe investor are selling Bitcoin right now. So, I...
Expecting the end of this upward move. I have a 5% margin of safety under the last ATH, as I believe this to be the point that will trigger fund managers to wait for a correction. Correction expected to be 25-40%, with a higher chance of it being 30% based on previous bull cycle. I would not short bitcoin, ever, so this will solely be a waiting game - in the...
Hello dear friends! Congratulations to each of you on your profitable trading who appreciated my previous post! For the time being, I close all my long positions and open short, up to levels like 13500-14500k for one bitcoin . You can throw tomatoes at me - but this is my choice, and I know why I chose this position! First of all this - is the bitcoin price...
Bitcoin could pullback towards $11500 area and find support. I am preparing to enter into BTC again at specific levels in the next one or two months.
BITSTAMP:BTCUSD A Bearish Gartley Harmonic Pattern on a daily / 4H Chart. The Harmonic levels converge nicely in the potential reversal zone (PRZ)
To jest mój pomysł zagrania na BITCOINIE.
Hey The weekend ran calmly, the market is rather dull in general. There is a small rebound on Bitcoin, nothing remarkable, everything is within the current flat trend. Analysing the market situation, we are more inclined to think that the market will be shaken again. More precisely it will be quickly shaken out. 3D timeframe’s short was confirmed by ATS...
No matter what, BTC will backtest this formation. If it fails that backtest, which I suspect it will, we will test lower bound of the pennant. $5300 by end of year. Short back to trendline backtest ... make sure the leverage is small and set a stop within your pain threshold, btc is awake. At trendline, straddle (insure or hedge your short). If wrong, oh no 🥺...
I drawing short position resistance. I create a Fibonacci and drawing down and upper trend line. I think Bitcoin will be rise but we know the bitcoin and the price of bitcoin most of time is not certain. Only I want to draw short resistances. The alternative long position graph is here, you can look at this URL
I think this descending triangle making a short position
Bitcoin has a lot of selling going on at the moment on the 30 min. candle. Could turn in to a massive drop to 8800!
Short Btc Short Area 10.100 - 10.500 Tp1: 9450 Tp2: 9200 Tp3: 8800 Tp4: 7850 Might run higher to 10.700, SL: 10.871
Strong rejections from 10k region with the minimum support levels decreasing. The grip that bulls have on the situation is visibly weakening. Massive shooting star on the 3d, very rare to this kind of rejection not followed by a sharp price decrease. Good risk to reward ratio, over 3:1. Targeting 8600 with stops placed around 10k.
sell / short bitcoin now $9400 take profit target $9000 use leverage x10 See you at around 40% profit :) I use RR 2:1 for stoploss if you find this useful please follow this account for another updates :)