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Btcusdshort

BTC/USDT Price prediction on daily chart.BTC has emerged to be the Alpha of crypto market industry. After making higher high, BTC is unable to sustain $60,000 level. This level has been tested multiple time and it seems to be that the momentum in the market is getting low. On daily time BTC is sustaining above 200 ma but it has failed to break the highs and according to price action pattern we can observe a formation of RISING WEDGE PATTERN. Rising wedge pattern is a REVERSAL PATETRN which indicates a potential reversal from the high zone & a shift in volume from buying to selling. Also looks at the MACD indicator that helps you to identify divergence between the price and momentum indicates that there divergence happening and we can possible see some bearish movement in coming days. Our first target is 52000-52500. Trade safe. Look for some news while entering.
Short
by Trademint08
2
Battle between 54k and 61k who will win? BTCUSD expected movesBitcoin The battle between 54k and 60k was a recent trend in bitcoin as we can see that the bear unable to break the 54k firmly and the bull was unable to break the 60k firmly and since March 14 BTCUSD was trading within this range. And waiting for further fundamental support further upside movement. Today its bounced again from 54K level and braked the price arc. Bullish engulfing formation is a another support here.While writing this analysis the price was around 56k and on top side 60k will act as decent resistance for the bull as its a major key psychological level where both the buyers and sellers will fight to win.Recently the private companies were started to invest in Bitcoins and in stable coins so BTCUSD will remain in bullish trend The ichimoku cloud is still in red zone territory and the cloud band was diminishing and it might turn green soon.Buy at current level and the topside target would be 62k
BITSTAMP:BTCUSDLong
by forexorbit
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.
Education
by Parth_agrawal
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.
BITFINEX:BTCUSDShort
by THG_trader