BTCUSDT Down Trend.!#BTCUSDT Looking for Sell trade setup as I mentioned in the Chart.!
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Btcusdshort
BTCUSD ANALYSISPrice is expected to reject our above trendline, for major rejections downwards to at least $21,527.
Possibility of price breaking the trend is at 35%.
lets observe it.
Short View On 4hr chart we can see the rise has rised above 80 which is the oversold region.
Whereas there is an orderblock or the High Demand area of 21000-21500 which is working as resistance for now.
Retracement is required for futher move as it is going in one direction.
Retracement is expected till 18000-18500 levels which is supply zone or support for now.
If that levels is sustain then we can expect the another upmove otherwise we are going back to pavillion.
Trade as per your risk management.
BTC ANALYSIS#BTC UPDATE.
#BTC has currently trading at the red box resistance after a perfect bounce back from the yellow box support area.Since btc has the resistance level and we have bearish RSI on 4H TF ,therefore be careful with your trades as there could be rejection from the current resistance is possible until btc closes above the red box resistance area .
BTC ANALYSIS#BTC UDATE.
#BTC has perfectly bounced back from the yellow box support and is looking to test the red box resistance area again,if btc manages to close above the red box area then the pink box will be the next resistance for btc.Note that btc dump is still not over,in case btc loses the yelow box support area we will see dump again.
BTC ANALYSIS#BTC UPDATE.
#BTC is now trading above the daily support after closing below the green box support area.The move not complete yet and btc might again test or close below the the green box support area and if btrc close below to the green box area we might see huge dump but for that move we have to wait fior the daily close.
BTC ANALYSIS#BTC is currently trading at the very bottom of the huge support level that is the purple box area and break below and close below this level could be huge for btc and the alts.Expecting huge swing moves below and on the current support level.Be careful with alts trades in btc and alts as well.
Dash Short Setup Once Dash hits the resistance and gets rejected I'll look for a short entry at least till 38$ rest depends on BTC let's hope for the best
TP 1 = 39$
TP 2 = 38$
TP 3 = 36.8$
BTC UPDATE #BTC UPDATE.
#BTC is still trading in the accumulation range in the green box area, red box is still a very strong resistance for BTC. We saw same volatile move in the red box area and in future we might see these kind of moves in the red box area resistance zone so again I wanted to remind you guys, do not trade in the green box range. Trade above the red box area only on confirmation.
BTCUSD BEARISH IDEA D1The daily TM analysis, my next target for this dumb is 12k, unless FED continue to pivot, and you should note with the falling trendline resistance which the break above could change the game to bullish run.
BTCUSD SHORT IDEAI wanted you to watch over the price levels of 15984, 138161, 12461, 10340 they are main keys of my weekly timeframe structures.
BTC Demand and Supply For 12th November 2022
I am bearish overall in BTC but small buy trades can be initiated from marked demand zones. Below supply zone an extreme selling is expected.
Trading Signal For BTCUSDT Bitcoin Trading Setup:
There is a Trading Signal to Sell in BTCUSDT Bitcoin .
Traders can open their Sell Trades NOW
Rank : ⭐️
⬇️Sell now or Sell on 20857.00
⭕️SL @ 21135.00
🔵TP1 @ 20265.00
🔵TP2 @ 19732.00
🔵TP3 @ 18992.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
M or Possible Double top formation - BTC BINANCE:BTCPERP looks weak ... it could have formed possible Double top or you can say M pattern. All the levels and target are mentioned in the chart.
Note : For Education purpose only.
BTC Trade IdeaBTC NEXT Projection as per technical analysis
BTC is in range bound from many days and it will continue as per technical and no fundamentals updates yet so its good to Short BTC
BTC is still in bearish structure BTC is still in bearish structure on 1H, on daily it is in the range between 20117 to 18125 and showing bullish signals in weekly, so we can expect a lil down movement to below till 18125
NEW BTC BEARISH FORECASTBTC has been trading lower within the falling resistance boundary from 10th of November 2021 till date.
I expect more down on BTC with the below reasons however FED's decision may change the game anytime, this is why we suggest trading with care, strong confirmations, and minimising risks.
Bearish descending triangle, descending resistance weekly and daily, testing major horizontal support since July, head and shoulders pattern, FED hawkish expectations 21st September.
What to do now?🤔
Wait for the candle closure below the neckline boundary, then our target will be 12k straight.
If you're still willing to buy BTC😄
Wait for the break above falling resistance, after retest then you go long for the target of 22653(previous shoulder), the shoulder is our current residence D1 and if the 22653 didn't hold lower your next target 25194 (unlikely).
BTC Will Soon Decide A Strong Long or Short Trade
Long Term Investors or Positional traders need to better wait for trade it in either of side , then entry can be planned.
BTC Short ideaBTC broke down from the channnel and completed bearish retest. OBV looks rekt. Expect a big down ward move.
Let's not be Bullish for BTC - SHORT
BTC is starting to go bearish from very first week of ne.X.t month or anytime soon.
Don't Panic II It's just the R.ecession 2022.
Hope you clear all your positions & be .P.atient.
Once we break $10K, #BTC is confirmed to stay bearish for 10-15 Years even after the recession ends.
I'll not recommend to buy #BTC at dips not even at $1000
Even if #BTC goes up after recession it will be just dead cat bounce so if u buy #btc don't HODL
If u want to make short term profits than it's fine, but I'll still not recommend to do that.
