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Youtubers dumping BTC on you????I believe they got me with this last setup for a few hundo... I also believe they are about to wreck a bunch of people.. Carl from the moon said he was selling everything at like 42 or 50k I cannot remember... PUMPER like crazy for a week after that... Carl has now in his most recent video title said he is all in.... Then says at 52k he will go all in during the video??? What is it Carl are you telling us those are the entry and TP on the shorts... Technically he is "buying" but he is only shorting IMO. We will see. Watch out for these major youtubers to use you as an exit. They do not like you. They are part of a group that you are not. it is easy to make money BUT can you keep it? I am a no coiner again. See you at the price it costs to mine a BTC... NOT FINANCIAL ADVICE!!!
COINBASE:BTCUSD
by Polarbearman
BTC - Bearish trend continues!Here's a quick look at the 8 hr. BTC chart. As we can see, the price broke below the rising channel and is currently testing the bottom of the support zone! If DXY keeps rallying, the support is not going to hold! There are some unfilled Fair value gaps between 20k and 18k. These gaps tend to get filled at some point! Also, the DXY is expected to rally from its current level - when the DXY goes up, the BTC price will go down! I firmly believe the bottom will be close to the 10-12k area. We have yet to see the last capitulation, IMO, yet! Trade Safe! ------------------------------------------- Key Dates to Watch in March: 10 Mar: US Non-farm Payrolls 10 Mar: Mt. Gox Distribution 14 Mar: CPI Data Release 15 Mar: PPI Data Release 21/22 Mar: FOMC Meeting 30 Mar: GDP Report ------------------------------------------- What's a Fair Value Gap?: A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders. ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Short
by MBM_Crypto
5
double top(reversal pattern) should be completehello my friends and my people(IRANIANS) i should say something very important. after a big bullish symmetrical triangle after years and touch exact price the chart make a new pattern !yes , its double top pattern and all we know it should not complete yet and the price should touch 12k price or more exactly it should touch 12783$ . but it take time so please wait for it and And after that we can decide what to do! So until then it will be a downward trend. Good luck.
Short
by benyaminrz
BTCUSD Not ready for Breakout!! Short $14,000usdBITFINEX:BTCUSD Is bitcoin forking from reality? Or is it a really good time to sell? "Who’s nervous about the outcome of the US presidential election? Not the markets. Bitcoin is up above $14,000 and stocks are soaring."- Decrypt, Nov 4, 2020. I wont provide a very long explanation to why I'm short as I believe the chart speaks for itself. Bitcoin is playing in a dangerous resistance zone, as we see that $ 13,800 marks the highest point in the markets for 2019. Additionally, this coin has proven to be one of the most cyclical coins out there, which supports the fact that what happened a couple months ago on Sept 6th is likely to repeat again, as we may see a retracement back to $12,000 before new highs. Again I'm not financial advice, but setting a stop loss above $14,000 and a target at $12,000 seems pretty reasonable for me in the execution of this short. Note that we are in one of the strongest bull markets that we've seen in recent years, so any continuation signal without a pullback, should be considered as an exit signal. Trade at your own risk.
BITFINEX:BTCUSDShort
by UnknownUnicorn3102162
3
Important fib levels to pay attention to This chart is following a key uptrend from 2015. I've charted the macro levels to watch for in the current market. - Maintain above 11.8k will most likely turn a result of a break above 12k I'll keep this chart updated ------------------------------------------------------------------------------------------ 🏆 If you found this chart helpful 🏆 Please show your support, by hitting the 👍 LIKE button Feedback is always welcome in comment section! Your Support is very much appreciated! 🙏
BITFINEX:BTCUSD
by BTCyeti
BTC Breakout or another Fakeout - This is the day we find outBitcoin has been volatile and without clear direction since falling from its local high of 13800~. Anyone who has paid attention lately is aware that BTC has formed a steady upward-trending support, and has been rising throughout the last week on low, but steadily increasing, daily volume. The bulls might have pierced this channel briefly, but they failed to hold it for a whole day. Now, according to the above chart, our current trending support will intersect with the resistance that has kept BTC subdued for over a month. This will give traders no choice but to send the price up, where it will challenge this year’s high and perhaps go further, or back down, dragging on this period of consolidation for a few more weeks at least. These trends intersect on August 10, although we could possibly discover the direction sooner. Others have made the following point, and I believe it will hold water: if we close above 12K on August 10, that’s a green light for a new rally. My take: this week resembles the setup for a bullish breakout more so than a fake out. Consider the following: 1: Volume is subdued, but rising gradually. 2: The MACD on the 1D chart has flipped green recently, historically a sign that the correction is over. 3: The daily gains recently have been very consistent, apart from the recent pullback from above 12k. That’s normal when BTC moves up while fighting strong resistance. Tell me what you think, if you disagree, or if you think i’m an imbecile below.
BITFINEX:BTCUSDLong
by Yorvos