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Falling

BTC, ETH: Trading a falling channel.BTC and ETH trade at the lower edge of a falling mid-term channel (which I have called in my ideas since Sep-03), after decisive bearish moves on reasonable volume. I think we will continue for at least yet another swing up/down. I will trade this (on ETH for higher volatility) between the two fib lines of the last large uptrend, where I will look for exit / entry points. For BTCUSD it's the .236 , lining up with the .786 (B: .382 - .5) short term fib retrace level of todays down swing. For ETHUSD its the .382 fib level of the last longer uptrend. Tomorrow I will see if we're at variant A or B, depending on the power of the anticipated retrace / correction. Not the perfect entry now, but I need to go to bed ;-) _____ Of course, this is not a trading advice, just my private analysis as well as a text for entertainment purposes. Never put your heart and your money in the same place. You could end up with your balance getting f***** while you're doing the hard work.
KRAKEN:BTCUSDShort
by My2CentsOnBTC
1
BTCUSD can dump once again if this resistance remains valid Price started to dump in previous days from the previous 0.61% Of Fibonacci retracement level and we mentioned that a lot: Now once again we have another local resistance here that if it remains valid and sell pressure here shows off again then bears can lead again and this time maybe even lower lows like 40K. Notice: But if this last local resistance here breaks then the price will reach new highs like 60K soon. DISCLAIMER: ((trade based on your own decision )) <>
BITSTAMP:BTCUSDShort
by MMBTtrader
21
49K Resistance now is strong local resistance dump or breakout? Price finally broke range zone and pump to this area but now price is near strong resistance of 0.61% Of Fibonacci of previous deep fall if it breaks that resistance or local resistance on the chart then once again bitcoin will get bullish and we may have new high like 57K too else we are looking for a local correction like a red arrow. Targets and supports ahead: A. 47400$ B. 46500$ DISCLAIMER: ((trade based on your own decision )) <>
Short
by MMBTtrader
19
Apple looking short term bearishSeems like apple had a false breakout earlier this week and has falling back in the trending channel. Yesterday was confirmation that the upper trend line is acting as resistance and should push the stock back down the bottom trend support. This will way on the Nasdaq heavily with Square, AMD, Microsoft all looking extremely short term bearish falling in their patterns as well. Bond yields also rising and PPI coming out today could making it very volatile to the downside.
NASDAQ:AAPLShort
by jackwheeler
BTCUSDT Short-term analysis and resistance of 0.61% Fibooancci Short-term analysis: Correction started from 51000 and ends near 49350 so as we can see there is strong local resistance now near our sell pressure zone(49400) on the chart and can dump price to targets like: A. 49600$ B. 49300$ C. 48800$ Notice: most important resistance zones and support zones mentioned on the chart too and if price breaks 51K resistance can pump. DISCLAIMER: ((trade based on your own decision )) <>
Short
by MMBTtrader
57
BTC/USD SHORT / LONG after BINANCE:BTCUSDT SHORT TERM We can see rising wedge on btc usdt ... Thats should be short-termed trend reversal . I think price can go down to 20.000 in short term ... Iam selling 30% CRYPTO now and if BTC falls more than 10.000USD i will sell another 30%... LONG TERM If my SHORT TERM thinking will be right ... it will be possible to form very BIG pennant wedge and falling trend reverse back to bullish & my first bullish targets in this scenario will be 80.000USD-100.000USD ---> maybe in December ... When I am looking to BTC for LONG term i think it will be BULLISH for next years ...
Short
by Chlvx187808
2
BTCUSD once again price is touching major resistance zone As we mentioned in previous analysis 46500 support zone remains valid and the price once again is touching the major resistance zone of 51K so now we are looking for correction and if this time the price break support of 46500 then we have a double top on the daily chart and dump. Notice: if the price was strong enough to break this major resistance zone and fly then only after retest, we may have a new high and more pump.
Short
by MMBTtrader
32
BTCUSD 50K resistance zone is strong enough for dumpAs we said before resistance zone here is strong enough for dump But one important thing here is that some sellers and bears are getting in with opening short position here with stop losses around 50K--52K. So as we can see we have a broken pattern to the downside and some good reversal patterns and candles that are forming here and these are a good sign for the market to see some corrections to our targets and support zones on the chart But we may have a little pump before that and then... Notice: price can dump easily even now too. DISCLAIMER: ((trade based on your own decision )) <>
Short
by MMBTtrader
36