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Short-position

BTCUSDT Update - First $43000 then $26000?Hello trader, today we will talk about bitcoin Let's start with the fact that we warned about such a decline to 35000, we warned that there would be an impulse price decline and also that only a few guys can and can short this market. You can find these posts in our.... Now our team of analysts is disassembling this tool for one purpose Having analyzed Bitcoin on all timeframes, we assume (this is not financial advice) to open positions against the current of the market (open long positions) Why ? The Internet began to discuss the price drop to 20,000 Yes, this is logical - uh, this is a very likely scenario. But We broke the level of the Head and Shoulders pattern - where the price DON'T returned to the level of 43000 (did not happen) The second factor is that the cluster analysis indicates increased volumes in the delta. (buy) The third is psychology (Most traders and small speculators are already accustomed to falling) and set short stop losses at 1-2% of the entry into their short positions. Thus, the market can grow impulsively due to the same stop losses. The fourth factor is that the price has covered one of the big gap formations (in short, the price gap has been filled) The fifth factor is the narrow channel in which the price is located. The sixth factor is the fear in the market to miss the bottom of the market, everyone wants to buy cheaper. But lost profits will be bought at 43,000 - where the market will be lowered even lower. Given the non-recoiling fall, we expect the release of one good news where the entire market will be raised by several hundred billion dollars Also considering all target CMEs on the exchange our team expects this outcome.
by AzurTrade
Bitcoin drop $ 41,800? Or $ 46,000?On this chart, we want to show you the possible outcome where the price can potentially direct. Many of you see this zone (channel / flat) It has boundaries: Upper limit: 44066-44180 Lower limit: 43518-43435 Going beyond these boundaries, as well as fixing the price above these price values (the price should remain above / below) on the 4-hour timeframe, will show you where the price will be go. There is no need to complicate trading, only to observe risk and money management. For those who know how to trade flat, we have not seen the best option in a narrow range for a long time. In our opinion, we expect the price to drop to 42000-41800. Because: This is a liquidity zone is a return of the price by 50% of the price movement - this is breaking a potential figure (cup) and collecting stop losses of those who trade with a 2-3x leverage with a large volume Also, given that the trend is downtrend (red resistance line) and in addition the expanding wedge of wave structure 1-5 should end Pc The only fact that we are given doubts is sentiment (most people short the market) and on the number of short stop losses, the price can lead to an impulse for our channel. Observe risk and money management. Trade only with stop loss and strong zones. Remember, the market loves to punish those who ignore it.
by AzurTrade
BTCUSDT New Short Position This is my new short position on BTCUSDT, price of BTC has been going up very fast for the past few days, and now it seems to have reached exhaustion, in sharp uptrends this usually means a ranging market is coming for the next few daily candles or a retracement to touch some important moving averages and to gain more volume to continue going up. This could be a formation of a new macro pattern in which we could be at the top of its newly formed resistance at around 56.2k Keep in mind that it is very risky to short in a uptrend and only do this on no more than 2x leverage if you even use leverage.
Short
by mastertrade23