BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the . TradingView UK. Check out the latest ideas and forecasts on BTCUSD Shorts from our top authors — they share predictions and technical outlook of the market. -TOP author on TradingView + years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks /7 uptime so constant updates BTCUSD SHORTS.
Tradingview btcusd shortsShort for BITSTAMP:BTCUSD by nigel — TradingView
Who will win this time Longs or Shorts. BTC shorts have continued sinking toward the lows of a daily demand zone, whilst BTC price itself has failed to make much reverse-correlated movement in turn. In the short term th december I'm expecting a minor BTC retest to 3. Be careful if this happens as I think it will be rejected at old support. With shorts this low and price steadily creeping up, I expect a large price dump in the coming days. Bitcoin shorts nearly reached an all time high but failed, getting ready for the squeeze here!
Taking a long Position. I think I am onto something though! Why get subbed to to me on Tradingview? Good day! Some interesting images: On the RSI indicator with the period of 28 , in classical position the 14th period is situated approximately there, on the long chart, on the daily time frame RSI has drawn ABCDE , but on the short chart a divergence is formed.
Last time the total of positions in the market both long and short,with just bitfinex considered was that low was July '19 and btc started its decline from 13k to 6. True that thera has been a serious outflow of btcs from exchanges in the last quarter and the data can be affected by that, but still the value is really low wouldhave Its level is excluding hodlers that are long by definitions and do not trade the trend meaning that for each long position there is 1 short.
Total uncertainty among market participants. Shorts are at their Most of If you like the idea, do not forget to support with a like and follow. This Christmas pattern is just for fun but at the same time may be relevant to the current situation.
Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective. Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous In this scenario, Bitcoin may have topped for the year. What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! Hello everyone In my previous analysis even though I am bearish in bigger picture..
However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle..
Price broken triangle but need to close above green line and same time Green line need to hold as support..