With the bad performance of bitcoin in this region of 20k I decided to sell the bitcoins I had previously bought, it was with an average price of 20,000 and I sold it in the region of 19,700 with a little loss. Most likely Bitcoin is forming a bearish flag pattern that could take us all the way up to the price of 13k to 12k. The objective now is to look for more...
The is a short opportunity here if it breaks below 18.5k level we will find a new support somewhere 14k-15k. The DMI rejects the pullback in 4 hours chart. and we have really really big red candle. See you at the bottom.
Bitcoin price was unable to hold the support line & printed a low $19,221 yesterday. A clear breakdown & retest of symmetrical triangle can be seen on the chart. Previously, on June 4th a breakout & retest was witnessed & then price rallied all the way up & met the target of 17%. This time the distance of symmetrical triangle is 11.54%. If it follows the same...
Bitcoin - Intraday - We look to Sell a break of 19497 (stop at 19908) Trend line support is located at 19600. Short term momentum is bearish. A break of the recent low at 19500 should result in a further move lower. There is no clear indication that the downward move is coming to an end. Our profit targets will be 18507 and 18107 Resistance: 20000 / 21000...
I’m entering a Short trade because it breaks below the trendline. The DMI is so very bearish on 4 hour timeframe, let’s see if we Will have a support on 18.5k.
Hey traders, in today's trading session we are monitoring BTCUSD for a selling opportunity around 20600 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
first take profit and second take profit are both 50%.
I have been posting a lot of shorts since I joined TV. But this is only because I have not seen any low risk longs since. Here on the 1D chart we see that BTC is ranging within a pennant which looks like it's targeting $8,090. This is the same scenario that has happened many times in the past couple of months already. The blue area is where I believe the bear...
Hey traders, in today's trading session we are monitoring BTCUSD for a selling opportunity around 21k, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
I'm lazy to type my analysis. Just look at the indicators. Just Short it and pray that it will go down to 10k-15k.
helllo , #bitcoin is gonna break the trend line be ready after pullback join it .
this is a short term play that a creator in my community pointed out to me, personally i believe we will have a slow bleed or a straight capitulation, i’m not expecting a drop in clear waves but just wanted to put this out there.
Bitcoin - Intraday - We look to Sell a break of 20699 (stop at 21181) Our short term bias remains negative. Trend line support is located at 21000. A break of the recent low at 20700 should result in a further move lower. Our profit targets will be 19505 and 19105 Resistance: 22000 / 23000 / 24000 Support: 21000 / 20000 / 19000
Following on from our last post, we indicated that there's a final bearish wave left. We are now on the verge of breaking down for the final time. Once this bearish leg is completed, we will be looking for bullish price action for the next bull run. Shorting Bitcoin here will be a bit risky with limited gains to be made. The bigger and better trade would be to...
Had high hopes this was a local bottom, but price action not looking great. Out of all longs at 20500. Not advise
Three retraces 52% each the third one is not complete yet but we are headed there and that's 22k. I have a few more interesting BTC insights that I will post on Twitter. @bitcointrdr
Bitcoin much like some of the names we've spoke about like CRWD and UPST is following a similar pattern and structure. We are expecting some bullish activity to come in to bring Bitcoin back into the 35-37k range but ultimately heading back down to sub 20k is its next move. 18k+ to be exact. We love Bitcoin & Crypto.. However in this Risk off environment and...
If BTC consolidate between 28643 to 32485 and it breaks upside will lead to Target of 37900 to 38000 If BTC consolidate between 28643 to 32485 and it breaks downside 28600 It will lead to downward Journey very fast. below are downside Targets 1st 25475 2nd 19300 3rd 12900 (In case drastic changes in global environment) Disclaimer: These levels are purely...