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Btcusdshort

Bitcoin back to 30K soonBitcoin just retested its all time high range and recorded an inverted hammer in the supply zone (Weekly). Clear distribution is seen in lower timeframes like 4 hours and 1 hour; many patterns are identified. If these patterns were identified without the weekly inverted hammer, then we can consider long. But in this case, its clear indication of distribution. The script soon would test 58300 (CMP 61100) ranges and again can bounce back to 61500 ranges. This can form a triangle pattern. When that pattern is broken downside, the immediate support will be 48000 to 52000. If that is broken, 28000 ranges could be seen.
Short
by StudyingtStocks
1
Bitcoin Huge Dump Is Coming ! Get Ready #BTC Daily Latest Chart, Unless we break out to all time high i will remain cautious. Possibley try to short 😂😂😂. Chart is bearish ! Now lets talk about Fundamentals, on 18th we have a bitcoin ETF which is bullish news right ! But do you remember? what happened when coinbase got listed on nasdaq, we had a huge sell off, so maybe this could be a buy the rumor sell the news type of scenario also. Rest there are mixed thought on #bitcoin ETF that it will get postpone or it will not get approved we don't know yet. So like i said earlier also, we are not bull or bear, we are smart investors. so we wont predict the market top. We get a buy signal we get in, we get a sell signal we get out. Right now we have a huge sell signal. like I mentioned on the chart. 1- ABC correction 2- RSI overbought 3- Low volume
Short
by iamyushrawat
BLOODBATH IN BITCOIN BUT MORE IS COMING ??in this chart I tried to explain the Demand and Supply levels which one should keep in mind for Entry and Exit points. One should have observed Volume moments which already suggested heavy fluctuations which i explained in chart. I also tried to explain the points at which one should already have made exit at some levels. In the Channel Range,,, There was support zone @53900 which was broken and then fall down. Still i expect it to go below $30000 and it will take range of $25k to #30k soon. {Views are only for Education purpose.}
BShort
by Hit_Analyst
5