Btcusdshort
Bitcoin (BTCUSD) Trend based on FractalFor the same fractal previously my analysis went wrong, because this wasn't a perfect match. But the current chart shows perfect matching of fractal from the month of May- July matching with mid Nov -present.
I my previous post I also mentioned that BTC is bullish so their is a possibility of failure of analysis and that actually happened.
In the current condition also such possibility exits but to lighter side.
Since BTC has crossed it's ATH so their is a lot possibility that most big,smart investors had sold their coins. which decreases the chances of increase in price. Also in previous bull run of 2014 to 2018 around ATH of 2014 BTC had a huge correction.
So considering all the above factors I believe opening short positions are safer than long positions. Also booking some profits and waiting for good buy around support levels is better.
BTC TA Bitcoin fallen from 16 k after breaking the yearly ath trend now again tested from 16k to 17.5 k and created small uptrend but look like seller can move here to test 17k support then we can expect move next big ath in long term right now everything is correction right now and I believe this is so different from 2017 fall of BTC, for now, its making market stable for the short term. also, alts have the possibility to move nicely in upcoming months.
BTC/USD is Ready for the Downfall BTC/USD has completed the bearish crab pattern. As per the rules of the crab pattern, the trend of BTC/USD started to fall because it's a bearish crab. But it's suggested to sell near the D point. It will fall up to the targets 12972.35 - 12087.10 - 11465.31 . But as it's crab pattern, there is a possibility of a pullback. If it starts to rise, DO NOT SELL .
BTCUSD SHORT. More than 30% potential profit could beHey collegues! Good opportunity for SHORT! In my opinion BTC price growing is fake.
Situation with world economies very tough. I think we will have a very deep price going down.
False break up of 13000 we have now. In first stage price will go lower than 12000, will get back with false break up of 12000 and will go down. First target is 9800-9600, second target can be very low, like 7000-6000 and maybe lower!!!
You will tell me "oh crazy guy, stupid idea". BUT! Institutional investors will NEVER enter the crypto market at high prices. Now they have loaded a crowd of people to have fuel for making the deep short.
Our Bitcoin Intraday Setup.Bitcoin - Intraday
We look to Sell a break of 11227 (stop at 11336)
Previous resistance, now becomes support at 11300. 50-hour EMA is at 11360. A break of yesterdays low would confirm bearish momentum. Short term bias is mildly bearish. We look for a temporary move lower. The bias is to break to the downside.
Our profit targets will be 10948 and 10852
Resistance: 11420 / 11580 / 11700
Support: 11310 / 11250 / 11100
BTCUSD Short I hope you can now see how BTCUSD represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
BITCOIN AnylysisBITCOIN UPDATE. ✌ 🤲
Bullish Trend. ✅✅
11940 - 12060 Is A Good Trend Line Resistence, If Price Successfully Breck This Level, Then Next Target Will Be 12800 - 13400,
Brarish Trend.... ❌❌
BTC Can Be Retest Near At 11700 Again,Then It Will Be Pump From Here,
If Price Failed To Pump From Near 11700, Then Price Again Take Another Corretion At 11850 - 11200,
BTC distribution or re-accumulation?The charts shows two paths for BTC. From here it can follow the either one.
RED one is distribution schematic.
GREEN one is re-accumulation schematic.
Personally I'm leaning towards distribution schematic but if I see some strength around 9100, I'll switch bullish.
Any Price weakness around 10100 will trigger shorts.
Play patiently!
BTCUSD - and what?Morning Traders,
If you take position after price breakup trough TL2 that that was outstanding and easy position.
I have created Channel but the price did not reach upper line of the channel.
I just waited for candle to be closed. On the lower TF momentum slows down.
But we have wait until price either break trough the TL of the channel or rises higher.
And that perhaps is price doing right now. Look like price is loosing momentum pay close attention what is happening on chart.
But keep in mind that this is four hours candles anything can happen in that time.
Thank you for like it my analysis.