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Shortcrypto

Litecoin big fall commenced to $49 thanks to RumpThe operational costs are rising sky high for Litecoin which is becoming very expensive to mine. And based on the Crypto Depression, it seems like there is more downside to come for the alt coin due to some of the following: 📉 Weak On-Chain Activity Fewer active wallets and transactions lately—shows low interest. 🔻 Bearish Price Action LTC just broke key support levels on the chart—bad sign for bulls. 💼 Lack of Big Investor Moves No major whale activity—institutions are sitting this one out. 📉 ETF Hype Fading Talk of a Litecoin ETF has cooled off—momentum’s dying down. Technicals also look bad including: Inv Cup and Handle Price<20 and 200 Target $49.60 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATIONSB:LTCUSDShort
by Timonrosso
BTCUSD on daily chart falling under resistance SHORTBTC in the recent past put in a head and shoulders pattern. The neckline drawn onto the chart is above current price and rejecting it. Volatility has flipped decidedly. News is that Bitcoin and crypto ETFs have had several consecutive days of outflows some perhaps when stop gold spiked. Dollar value has a role in this as well as it dipped and then recovered. I have followed the crowd and sold my position for now and will look for a near term bottom when it develops for re-entry. CLSK is down and other crypto-related stocks may now down trend. Looking at MSTR, RIOT and BTBT.
BITSTAMP:BTCUSDShort
by AwesomeAvani
CLSK set up for a SHORT in a parallel channelCLSK on a 120 minute chart is in a gradually falling parallel channel. At this time price has topped at the channel's resistance trendline. The RSI has bearish divergence while the predictive algorithm shows a forecast of a trend down this upcoming week. I will short trade CLSK here with a stop loss at 20.6 above the channel and target of 14.75 near to the bottom of the channel. The stop loss of 1.2 compares well with a target about 4.5 downside yielding approximately 3.5 as a risk ratio.
NASDAQ:CLSKShort
by AwesomeAvani
Bitcoin consolidating and waiting for possible reversal SHORTI see Bitcoin as ready to fall as its next move. Short sellers are positioning. Volumes are falling in a signal of capitulation. Relative strength is showing bearish divergence while price is in consolidation. The boxes are checked and it is the weekend when the price volume trend is typically sideways. This is demonstrated by the flatline PVT. I will short Bitcoin when I see a bit of a volume push. I will reassess by crypto-related stock and options positions in due diligence to protect risk.
COINBASE:BTCUSDShort
by AwesomeAvani
3
Let's Look At Bitcoin With No Bias.So many crypto guru's will stone you to death if you speak negatively on BTC! I'm never the one to marry my bias or not believe what the chart is telling me. Here, I used the weekly chart on BTC to break it down from a longterm perspective. Since 2021, I've been trying to explain to people through charting that BTC WAS NOT going to a 100k in 2021!! Had so many people try to fundamentally explain to me how BTC was headed for a 100k. From a technical perspective, it just didnt make sense to me. Even coming to the close of the year, late October if I recall. A lot of guru's were yelling 100k! BTC broke out during & after the U.S election in 2020. It indeed went on a tear making a new ATH of 64k. We all remember the Pullback/Price Correction it went through from April-July 2021. It consolidated around 28k, where heavy buyers sat. Price then bounced and pushed to a new all-time high of 69k by Nov 2021. It was during this time when people where screaming to the top of the twitter fingers, 100k!! BTC printed a "pseudo" double top and rejected and reversed down the week of Nov 15th. It hasn't printed a higher high since being that it entered a downtrend shortly after. It currently is still trading around its support level of 30k. BTC printed 2 bear legs down so far on its weekly chart. I could see some stagnation here for a period of time. BTC, may or may not create a 3rd bear leg down, if so It may reverse slightly before doing so. As of now, I have an overall downside level of 20k. Bullish sentiment is nowhere to be found AS OF NOW from a mid to longterm perspective. To be considered TRULY bullish, BTC would have to at least clear 50k, until then hedge your investment.
Short
by DayTraderEarl
BNB coin entered a bearish trend As always hello bears, we have seen a huge pump for Binance coin last month, the price moved from 330 $ on 29 October 2021 to reach an all-time high 670 - 690 area by making 200% gains, now the coin is about to drop and get some profit for old buyers, BNB USDT is targeting 516-526 support area. You can see the price had broken out 200 Moving Average after 29 October bull breaks out, the seller tends to sell the crypto market right now because of the improvement in the price of the US dollar. A stronger dollar against major currencies and a desire to lock in profits triggered a strong but relatively even sell-off overnight. The cryptocurrency market capitalization collapsed 7.5% over the past 24 hours to $2.66 trillion, breaking a long consolidation."
Short
by youssefallax
REEF to hit 0.008 before attempting any breakout higher.REEF will pivot off the 0.008 FIB before attempting any attempt back up. If it cannot breakout upwards it will continue its descent downwards and could fall as low as 0.00003 . RSI is EXTREMELY low so now actually looks like an okay time to purchase , It's in a VERY "undervalued" oversold position and that coupled with the Elliot Wave Oscillator , makes this sort of look like 0.005 to 0.01 could be this Coins bottom. Keyword "COULD" not is. Thank you! * ohhh btw when one or several of my ideas make you rich AF please feel free to inbox me for my btc wallet address to send a "pay it forward/gratefulness" tip. Positive VIBEZ! If you have a currency or stock you would like me to take a look at hit up my inbox! *
RShort
by DreamBIG90
4
NEAR headed to sub $1.10??If NEAR cannot return to this eclipsed shaded area above, I believe we will see it dropping more to around $1.08 , but it could pivot and return to go up at any of these FIBS. with my experience I would bet on it getting all the way down to 1.08. DYOR * ohhh btw when one or several of my ideas make you rich AF please feel free to inbox me for my btc wallet address to send a "pay it forward/gratefulness" tip. Positive VIBEZ! If you have a currency or stock you would like me to take a look at hit up my inbox! *
BINANCE:NEARUSDShort
by DreamBIG90