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BTCUSD Shorts

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BTCUSDSHORTS trade ideas

The Last Dip For Bitcoin?Once again the MACD is converging with the BTC price looking to pump. Just before the dump the was a divergence. So I have put a long position on an certain pair 20X (Max because I'm a degenerate) the only leverage amount I ever do with bitcoin is 30x no less no more. I like 30. And I rarely run stop losses becuase I always get wicked out. If the chart looks like it's going to turn the other way I just get out and go with my signals and gut. I don't hold a trade in the red when it's going bad and hope for it to cone back, That won't work. Get out and go with flow. Ride that wave to profit beach and get of when your happy. You won't go broke taking small profits. Most of my trades are over 30% and I was in one yesterday with 270% profit.
BITMEX:XBTLong
by EliteSignals
1
Bitcoin Short DaysI mentioned briefly the other day how bitcoin would probably hit the $23200 area before coming back towards the upside. The wicked on the one hour was ten dollars lower than I predicted. The one hour MACD looks like it is about to get a green dot while after it Converged with the price. The price was going down still after the dump while the signal line was coming up. Correlating with what I said I about how this could be the last wave of the acending wedge. Stay sharp and good luck 👍
BITMEX:XBT
by EliteSignals
BTC X wave target (following fruition of my prior post)Still expecting a 5 wave structure to hopefully crash into the overhead resistance of a meme line. Following my last post, we require the current 'wave 3' to finish then a wave 4 pullback. BTC dominance looking poor so hopefully alts can far exceed and we can get that alt season we spent so long waiting for amirite?! No timeframe has been harmed in the creation of this post (as none was analysed.. as per usual.. we've been over this.)
BITMEX:XBT
by thekevin
BITCOIN - Bullish Outlook and Expecting a BreakoutCPI report released today and a 0,2% expectation for the month vs 1,3% last week is expected to be a 'good result'. Last week Btc intially dropped on high inflation before rising. Volatility is part of the 'game' and so it will be today as well. In any acse my outlook is Bullish for reasons I have explained before. Chart. Middle of ascending channel is holding nicely as support. That means i am a buyer today, going Long. Major news/fundamental: Cathie Wood of ARK Invest Says BlackRock’s Entrance to Crypto Could More Than Double Price of Bitcoin Wood also notes another Bitcoin metric indicates BTC could actually surge even higher. “The illiquid supply, according to our estimates, is about 14 million out of the roughly… 18-19 million Bitcoin outstanding… And by our calculations, only three million units are truly liquid. And so the demand – if we were to see a $1 trillion increase in demand – then it would probably drive the price up much higher than the doubling that I just mentioned.” One Love, The FXPROFESSOR Check my previous ideas on finding the BTC Bottom here:
BITMEX:XBTLong
by FX_Professor
7
Where should I exit my BTC?A Common question amongst Crypto Traders is where (and how) should I exit my BTC positions.. We can exit our positions similarly to how we entered them; in a scaling process. The difference between EZ1 and EZ3 is TIME. You do not have to wait this whole time because it is all too possible we bounce from EZ1 for you to take RE longs, Most likely for intraday and scalp Trades. You can also use these zones as HZ's and for shorts (lightly) We DCA IN... and scale out accordingly. Always Trade HVA's lightly.
BITMEX:XBT
by WillSebastian
4
BTC UpdateCurrently looks like btc has finished a downtrend with a truncated corrective wave, into a wave 1, then a (bullish) abcde wave 2 correction. What would follow is a wave 3 and 5. I do believe we go lower after this which is why I'm calling it a 5 wave X wave and not the bullish minor waves of a larger wave 1. It may take some weeks (month or 2?) to finish the X wave before lower lows. We must remember that BTC managed to acquire the lowest weekly RSI readings since inception. BTC will hopefully move up to "cool off" the RSI before going lower. This specific count is invalidated if the rising channel fails and the E goes under the C. Even if that fails it could still be some sort of WXYXZ which would still be a valid 2 but this is less likely. All invalidated below the wave 1 bottom of course. As ever - ignore timeframes. I do not do time analysis. The length of these lines are purely conjecture.
BITMEX:XBT
by thekevin
3