Possible Downside to Bitcoinhello traders
There is a bearish impulse wave and we have a correction in the form of running flat. It is possible that we will get another bearish impulse wave, but the sellers must break the last wall of the buyers and the buyers' reaction be corrective after break and the sellers overcome it as well
If these conditions are met, a sell trade will be executed to target the level of 18870
Bitcoin-short
AAVE : Keeping my Eyes on AAVE.Just keeping my eyes on #AAVEUSDT breakout on the daily and weekly seems to be looking to be setup-ed in good shape for long term profits. I will be preparing a detailed analysis on #AAVE for tomorrow. Till that make your own research about it and we will discuss it.🙏🏾
BitcoinPrice can/may/might tap into POI
before departure to 17600 area
Overall Daily TF we are bearish
Since the last high that tapped our trend line
and the lowest low from that point we are in discount zone on Daily
and Premium on 4h indicating we could drop soon
On the 15 we are in discount zone so price could very much tap into POI or
premium zone before departure as stated first
If not price must print under PBOS without tapping POI
Target is @17620
BTC - SHORT - SWING----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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Bitcoin (BTC) still on a down trend - Short or stay outIf you are thinking about buying BTC, I would wait a bit.
Bitcoin is still on a downtrend and it is not showing any sign of strength yet on the daily chart.
So if you want to invest or trade it LONG for mid to longer term, I would just wait until it at least closes above the green trend line.
From there you could target the BLUE trendline as a TP zone.
Personally SHORT BTC right now on my Trend Following 1D strategy.
BITCOIN Will Fall! Short!
Hello,Friends!
Indecision in the market is changing
Towards a well defined bearish sentiment
And the price action on the lower timeframes
Is clearly supporting this narratve
Therefore, I think it is a goodidea to go short!
Like and subscribe and comment my ideas if you enjoy them!